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Platform PolicyE

TikTok Shop in Vietnam Increases Commissions Starting Today, Some Categories Near 20%

TikTok Shop in Vietnam adjusted its platform commission policy starting August 3. Mall merchants and several popular categories (such as fashion and beauty) saw significant rate increases, with some nearing 20%. This adjustment aims to optimize the platform's profit structure, requiring sellers to recalculate their profit margins.

Industry NewsPrnewswire

eBay Completes Acquisition of Secondhand Trading Platform Depop

eBay has announced the completion of its acquisition of secondhand fashion trading platform Depop. This move aims to further solidify eBay's market position in the secondhand e-commerce sector and leverage Depop's young user base to drive long-term sustainable growth.

Market TrendsRetailtimes

TikTok Shop Surpasses 300,000 Small Businesses in the UK, Live Shopping Grows 55%

TikTok Shop is performing strongly in the UK market, attracting over 300,000 small businesses. Live shopping has become a core growth driver, with year-on-year sales increasing by 55% and an average of over 6,000 live shopping sessions daily, showcasing the immense potential of social e-commerce.

Market TrendsEinnews

Instagram and TikTok Capture Two-thirds of Social Media Growth Demand

Recent analysis shows that Instagram and TikTok have become central to the growth of social media marketing, together accounting for over two-thirds of market demand. Buyers' demand for short videos, likes, and interactions far exceeds that of other platforms.

Market TrendsForbes

TikTok Shop is Becoming an Important Force in Beauty Retail

TikTok Shop has quickly risen as a significant sales channel in the beauty industry, projected to exceed $1.55 billion in beauty sales in the U.S. by 2025, making it the fourth-largest beauty retailer, with a high conversion rate for users discovering brands.

Industry NewsNewegg

Newegg Launches 12th Annual FantasTech Sale

Newegg has officially launched its 12th annual FantasTech summer sale, offering significant discounts on PC components, gaming devices, and smart home products to attract tech enthusiasts and DIY PC builders.

Industry NewsStocktitan

Etsy Completes Sale of Depop to eBay

eBay has officially completed the acquisition of the fashion resale platform Depop for approximately $1.4 billion. This move will significantly enhance eBay's market share in the second-hand fashion sector and further solidify its positioning in specific vertical categories.

Market TrendsEinnews

TikTok Shop in the U.S. Surpasses UK Growth as Social Commerce Reshapes Retail Landscape

TikTok Shop shows strong growth in the U.S. market, significantly outpacing the UK market. The growth is attributed to the creator economy, live selling, and increased brand investments, transforming the platform from an emerging channel to a core retail ecosystem, with expectations of continued market share expansion.

Market TrendsBworldonline

ADB Report: Philippines' Digital Economy Accounts for 2.5% of GDP

The latest report from the Asian Development Bank indicates that the digital economy in the Philippines accounts for 2.5% of GDP, lagging behind countries like Singapore, but cross-border e-commerce shows great potential in enhancing SME efficiency and market access.

5 items
ComplianceEnnews

EU AI Act Transparency Regulations Officially Enforced

Article 50 of the EU AI Act officially came into force on August 2, emphasizing enhanced transparency in AI applications. Merchants must clearly inform users that they are interacting with AI during human-computer interactions and label AI-generated content.

ComplianceCifnews

43 Chinese Entities Listed on UFLPA Violations by US DHS

The U.S. Department of Homeland Security (DHS) has recently added 43 Chinese entities to the Uyghur Forced Labor Prevention Act (UFLPA) Entity List. This means that compliance reviews of supply chains for affected companies will be stricter, placing higher requirements on cross-border exporting companies' supply chain traceability.

ComplianceCifnews

TikTok Fined 10.3 Billion Won for Violations in South Korea

TikTok has been fined 10.3 billion won by local regulators for violations in the South Korean market. This penalty reflects the increasing compliance pressure TikTok faces in overseas markets, prompting sellers to closely monitor legal compliance developments on the platform in various countries.

Platform PolicySeller

TikTok Shop Releases June Compliance Policy Update

TikTok Shop has updated its product safety appeal process and strengthened its oversight of logistics tracking information to crackdown on false shipping and logistics information.