Temu and Shein won over cost-conscious shoppers in 2024: But regulatory concerns over tax loopholes, product safety, and labor practices could weigh on growth in 2025.
Article
| Dec 19, 2024
Digital payment methods continue to displace cash and checks in the US payments ecosystem. But after a pandemic-driven crest, growth is moderating amid economic uncertainty, resetting the stakes for share of wallet.
Report
| Feb 28, 2023
And then crypto themselves, things like remittances and cross-border payments are absolutely improved by blockchain technology. Grace Broadbent:. Yeah, I agree with that. I'd say there's a lot of use for crypto overall and blockchain technology in the payment sector like remittances and B2B payments, like Tyler said. Rob Rubin:. Are B2B payments really ready for it though?
Audio
| Apr 9, 2024
Digitization has reduced consumers’ remittances costs worldwide, reshaping the competitive battlefield. Money transfer operators must follow new playbooks to monetize this $800 billion market.
Report
| Apr 14, 2023
VC and private equity can’t invest in Chinese tech with military inclinations. China is considering countermeasures, which could disrupt tech supply chains.
Article
| Aug 11, 2023
Shein and Temu delivery providers face barrage of lawsuits regarding labor practices: Several have been accused of underpaying workers, misclassifying them as independent contractors, and failing to provide overtime.
Article
| Dec 3, 2024
In terms of cross-border infringements, for example, the ICCL found that 75% of the Irish Data Protection Commission's EU level decisions were overruled." Here's European Data Protection supervisor Wojciech Wiewiórowski outlining the problem. Wojciech Wiewiórowski:. There is actually no system of harmonization of the judicial review over that.
Audio
| May 19, 2023
PDD misses expectations as competitive pressures erode price advantage: The ecommerce company expects challenges to continue in the short-term as domestic and international rivals gain an edge.
Article
| Nov 21, 2024
Amazon launches Temu competitor Haul to maintain price advantage against online retailers: However, growing pains like shoddy AI-generated imagery could limit its traction with customers.
Article
| Nov 15, 2024
Chart
| Dec 12, 2024
Source: Ä¢¹½AV; ESW
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| Dec 12, 2024
Source: ESW
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| Dec 12, 2024
Source: ESW
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| Dec 12, 2024
Source: ESW
Chart
| May 2, 2023
Source: Citizens Bank; Escalent
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| May 2, 2023
Source: Citizens Bank; Escalent
Chart
| Oct 19, 2023
Source: Association for Financial Professionals (AFP); The Clearing House
The travel company pointed to a rise in cross-border travel in Q4 as one of the reasons they were able to record their first ever full-year profit, first ever full-year profit for Airbnb at nearly two-billion dollars. The year before, they had lost $350-million. Their Q4 profit was nearly double what analysts had expected, full-year revenue grew 40%, four-zero, to over eight-billion dollars.
Audio
| Feb 23, 2023
Competition from Temu caused Shein’s revenue growth to slow in H1 2024: The fast-fashion retailer faces a challenging path ahead as regulatory scrutiny and a highly competitive environment threaten its IPO chances.
Article
| Oct 23, 2024
Chart
| Jun 18, 2024
Source: Euromonitor
Amazon, Temu, and other marketplaces sold toys that failed EU safety standards, investigation finds: That could open the retailers up to stricter regulatory oversight.
Article
| Oct 18, 2024
Chart
| Mar 28, 2023
Source: Stripe
Temu’s international expansion hits regulatory roadblocks: Governments around the world are scrutinizing its business practices and taking measures to protect local retailers.
Article
| Oct 11, 2024
Temu, Pinduoduo anger Chinese sellers as push for lower prices and generous returns policies eat away at profits: That could complicate the former’s efforts to win over US merchants
Article
| Oct 7, 2024
Temu pitches Amazon sellers amid growing headwinds in the US: The retailer is recruiting local merchants to offset the impact of the de minimis crackdown, but a slowdown in customer growth poses a bigger challenge.
Article
| Sep 24, 2024
Chinese retailers may cut ad spending under new tariffs: US tariff crackdown could impact Temu and Shein's ad investments, reshaping the digital ad market.
Article
| Sep 19, 2024