Global Trade Myths Debunked Amid Economic Shifts

Global Trade Myths Debunked Amid Economic Shifts

This paper reveals the truth behind the 'get-rich-quick' myth in the foreign trade industry. It analyzes the current challenges faced by the market, including the diminishing information asymmetry, intensified involution, high customer churn rates, and high risks for newcomers. The paper emphasizes that foreign trade practitioners should rationally assess the market, improve their capabilities, and return to a path of rational growth. It advocates for a more sustainable and realistic approach to foreign trade, moving away from unrealistic expectations of instant wealth.

Tiktok Shop Expands to US Testing Ecommerce Potential

Tiktok Shop Expands to US Testing Ecommerce Potential

TikTok Shop officially entered the US market, opening seller registration, marking a significant step in its e-commerce closed-loop strategy. Despite facing revenue target adjustments and market competition, TikTok Shop is actively expanding its global market and launching the year-end promotion season. Its performance in the US market will have a significant impact on the existing e-commerce landscape.