Livestream is now transforming E-commerce
Live commerce is a service that combines live video streaming with the ability to interact with sellers and purchase goods immediately. Kohl’s, a department store retailer, was the pioneer business that adopts selling goods through live commerce. During New York Fashion Week in 2015, Kolh’s streamed the live view of LC Lauren Conrad Runway on […]
Jack Ma – 20 years of building an E-commerce empire Alibaba
It all started with 18 founders in a small apartment in Hangzhou. 20 years later, Alibaba has become the leader of China’s E-commerce industry, valued at US$460 billion. Alibaba’s ecosystem consists of E-commerce platforms such as Alibaba, 1688, Taobao, Tmall; E-payment service Alipay, cloud computing company Alibaba Cloud, fintech company Ant Financial is one of […]
A Potential US Withdrawal from the UPU Treaty is Looming and What It Means for China-based e-Commerce Businesses
On October 17, 2018, the Trump Administration announced plans to withdraw from the Universal Postal Union (UPU) treaty due to a dispute over the discounted postal rates charged on Chinese packages shipped to the United States. The move is part of the administration’s ongoing efforts to level the playing field between Chinese and US businesses. […]