United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

The United Nations Convention on Contracts for the International Sale of Goods provides a legal framework for global trade, eliminating barriers caused by legal discrepancies. This convention promotes flexibility in contracts and principles of fairness, ensuring that the rights and obligations of both parties are clearly defined, thus fostering the continued development of honest international transactions.

Temu Expands to Canada and Spain with Lowcost Strategy

Temu Expands to Canada and Spain with Lowcost Strategy

Pinduoduo's cross-border e-commerce platform, Temu, is accelerating its global expansion, planning to enter Canada and Spain after the US and African markets. This article analyzes the opportunities and challenges Temu faces in these two markets. It also explores Temu's JIT pre-sale model launched in the US market and discusses the importance of quality and service to Temu's future development, in addition to its low-price strategy. The article highlights the need for Temu to focus on more than just low prices to ensure long-term success in the competitive global e-commerce landscape.