Sea Ltd. raised the outlook for its main online retailing arm, signalling the Southeast Asia e-commerce leader is effectively encountering intense competition from the likes …
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ecommerce
Warby Parker’s E-Commerce Returned to Growth in the Second Quarter
Warby Parker’s revenue grew 13 percent year over year to $188 million in the second quarter of 2024, a slight drop in growth from its …
Extended Offers Dampen Excitement for China’s Mid-Year E-Commerce Festival
China’s mid-year e-commerce sales festival failed to stir up a great deal of excitement among shoppers, industry experts said, even as major platforms extended offers …
Luxury E-Commerce: Who’s Surviving and Why
Last November, while much of the luxury e-commerce sector was in free fall, Mytheresa’s chief executive, Michael Kliger, seemed sanguine. In the quarter ended Sept. …
TikTok Pauses E-Commerce Push into Europe to Focus on US
TikTok has put on hold plans to launch its fast-growing e-commerce business across major European markets, focusing instead on growth in the US where it’s …
The Start-Ups Defying the Luxury E-Commerce Slump
Last autumn, as marquee luxury e-tailers Farfetch and Matches scrambled to secure additional funding in order to avoid bankruptcy, a newer luxury marketplace was facing …
TikTok Shop Tops 500,000 US Sellers After 2023 E-Commerce Launch
TikTok reported that more than 500,000 merchants were selling to US users on its app at the end of 2023, more than double the number …
Beauty E-Commerce Is Broken | BoF
For online retailers, beauty has become a losing game. As the beauty industry grew both in value and number of super users, fashion e-tailers rushed …
For Luxury E-Commerce, It’s Even Worse Than It Looks
Luxury and e-commerce have always had a complicated relationship. When Natalie Massenet launched Net-a-Porter in 2000, most luxury brands still viewed online shopping with some …
TikTok Completes Deal for Indonesia’s Top E-Commerce Platform
TikTok has completed its deal to take control of Indonesia’s biggest e-commerce platform, which has allowed the Chinese social media giant to restart for its …
Can Luxury E-Commerce Be Saved?
This week, two of online luxury’s biggest players narrowly avoided collapse. On Monday, after reports in recent weeks suggested a dire financial position, Farfetch announced …
How TikTok, Shein and Temu Are Changing the Look of E-Commerce
A visitor to Shein.com will immediately be greeted with multiple pop-ups touting big discounts. Once they dodge those, they can browse row after row of …
Etsy Shares Dive After E-Commerce Company Cuts Workforce
Shares of Etsy Inc dropped on Wednesday after the e-commerce platform announced it would slash 11 percent of its workforce as it seeks to cut …
Worldview: Why China’s E-Commerce Giants Withheld Singles’ Day Results
China’s e-commerce giants withhold Singles’ Day results. For the second year in a row, e-commerce major Alibaba did not disclose gross merchandising value (GMV), …
New York Magazine Launches E-Commerce
New York magazine will launch its first retail website in collaboration with Fourthwall, an e-commerce merchandiser that helps brands create business platforms. The shop will …
BoF LIVE | How E-Commerce and SMEs Are Transforming Africa’s Fashion Industries
Please join us on Wednesday, July 19 at 16:00 BST / 11:00 EDT for #BoFLIVE as BoF’s head of content strategy, Robin Mellery-Pratt is joined …
Can Indie Fashion Compete With E-commerce Juggernauts?
Ssense, the Canadian fashion e-tailer once valued at north of $4 billion, is perhaps best known for its currently ongoing biannual-ish sale — not only …
Chinese E-Commerce Giants Entice Cautious Consumers With Steep Mid-Year Discounts
China’s e-commerce platforms are competing fiercely in the country’s first major shopping festival after the pandemic, offering steep discounts to entice frugal consumers in more …
TikTok Seeks $20 Billion E-Commerce Business Despite US Setback
ByteDance Ltd.’s TikTok aims to more than quadruple the size of its global e-commerce business to as much as $20 billion in merchandise sales this …
Start-Up E-Commerce Platform Temu Expands to Europe
Ultra-low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to European markets, including France, Germany, Italy, The Netherlands, Spain and the United Kingdom. …