Analysis: TikTok gets controlling stake in Tokopedia thejakartapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thejakartapost.com Daily Mail and Mail on Sunday newspapers.
Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) is intensifying its efforts to expand globally, competing with rapidly growing platforms like Shein and PDD Holdings Inc (NASDAQ:
Alibaba.com has launched its first ‘digital trade service base’ in Shanghai to provide a ‘one-stop comprehensive service’ for local merchants, as e-commerce competition hots up.
American e-commerce giant Amazon has introduced a slew of initiatives to help Chinese merchants sell abroad, at a time when rivals like Shein and Temu are gaining traction.