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Market TrendsFreightwaves

Two Major E-commerce Logistics Providers Expand Warehousing Network in the Midwest

Logistics providers Rush Order and Encore Fulfillment have recently significantly expanded their warehousing facilities in the Midwest. By establishing new warehouses in Dallas and Oklahoma City, they aim to improve delivery efficiency to the U.S. interior and Southeast, helping sellers achieve more efficient inventory turnover.

Platform PolicyTikTok

TikTok Shop Updates Payment Settlement Cycle, Effective June 9

TikTok Shop will implement a new four-tier settlement system starting June 9. Eligible Mall stores can achieve a 1-day settlement, while regular stores will have settlement periods of 3, 8, or 15 days based on performance, aiming to optimize sellers’ cash flow efficiency.

Market TrendsToday

Walmart's 'Walmart Deals' Returns, Kicks Off June 22

Walmart has announced the return of its 'Walmart Deals' event, starting June 22 for a week, covering categories like electronics, fashion, and home goods. Walmart+ members can pre-lock high-demand products, aiming to compete with Amazon Prime Day.

Industry NewsMediapost

TikTok US Launches Standalone App 'TikTok Pro Events'

TikTok has launched a standalone app 'TikTok Pro Events' in the U.S. to enhance user engagement through cultural events like the World Cup. Users can earn points by participating in interactive tasks and redeem them for TikTok Shop vouchers.

Market TrendsFitt

Energy Pouch Brand Wip Surpasses 2.5 Million Units Sold in Year One

Emerging energy pouch brand Wip has surpassed 2.5 million units sold within its first year and successfully entered mainstream e-commerce platforms like Amazon, TikTok Shop, and Walmart, showcasing a successful blend of social e-commerce and omnichannel retail.

Industry NewsPluang

Amazon Surpasses Walmart to Top Fortune 500

Based on revenue data from FY2025, Amazon officially surpassed Walmart to become the top company on the Fortune 500 list, ending Walmart’s 13-year dominance and highlighting Amazon's continued growth in retail and cloud services.

ComplianceChinanews

China Expresses Concerns at WTO Regarding EU Legislation

China raised serious concerns at a WTO meeting regarding the EU's revisions to the Cybersecurity Law and the Industrial Accelerator Act, arguing that they contain discriminatory provisions restricting Chinese enterprises from entering the EU market and urging the EU to amend these regulations.

Market TrendsProgressivegrocer

Walmart Launches In-Store Restaurant Delivery Service

Walmart has officially launched an in-store restaurant delivery service through its app and website, initially partnering with tenants like Subway. This move aims to enhance consumer convenience and user engagement by integrating in-store resources.

Market TrendsModern Retail

Rhino USA Builds TikTok Content Factory in Texas

Automotive parts brand Rhino USA has achieved significant sales growth through TikTok Shop and is investing in a 182-acre content factory in Texas for product testing and short video production, showcasing the potential of content-driven e-commerce for brand growth.

Market TrendsCross Border Commerce Association

TikTok Shop to Launch in Poland on June 15, 2026

TikTok Shop will officially enter the Polish market on June 15, 2026. The platform has partnered with local logistics giant InPost and payment provider BLIK to provide Polish users with a closed-loop shopping experience from content discovery to order purchase. As an important expansion market for TikTok in Europe, Poland's large user base will offer new growth opportunities for brands and sellers.

Industry NewsEcommercebytes

eBay Forum Migration Will Erase Decades of Community Posts

eBay's recent forum system migration does not include old discussion data, meaning decades of seller community discussions will no longer be accessible, raising concerns among veteran sellers about the loss of historical experience.

Market TrendsEbrun

Temu Significantly Cuts Advertising Budget in the U.S. Market

Due to U.S. tariff policies and the removal of tax exemptions, Temu has drastically reduced its advertising budget for the U.S. market in the first five months of this year, with spending on platform X dropping by 95%, shifting strategic focus to refined operations.

Industry NewsEbrun

Revolut Applies for U.S. Bank License, Plans to Operate by 2027

Fintech company Revolut has applied for a national bank license with the U.S. Office of the Comptroller of the Currency, planning to formally operate by 2027, offering diversified financial services including FDIC-insured accounts and stablecoins.

Market TrendsEbrun

U.S. Secondhand Fashion Market Expected to Reach $74 Billion by 2029

Thanks to the changing consumption concepts of Generation Z and Millennials, the U.S. secondhand fashion market continues to expand, expected to reach $74 billion by 2029, as secondhand consumption shifts from a fringed choice to the market mainstream.