Atome Exits China Raising BNPL Concerns in Southeast Asia

Atome Exits China Raising BNPL Concerns in Southeast Asia

Southeast Asian BNPL platform Atome is suspected of exiting the Chinese market, primarily due to underperforming business volume. Despite partnerships with multiple service providers, the independent website model faced challenges in Southeast Asia, and high commissions deterred some sellers. This incident highlights the differences between the Southeast Asian market and those in Europe and the US. Companies need to carefully assess market risks and adjust their strategies accordingly. The case of Atome serves as a cautionary tale for businesses expanding into the region.

01/04/2026 Logistics Industry Insights
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Southeast Asias Digital Economy Shows Growth Despite Global Challenges

Southeast Asias Digital Economy Shows Growth Despite Global Challenges

A Bain & Meta report reveals that Southeast Asia, with its stable GDP growth, large consumer base, fintech innovation, and e-commerce boom, is a haven for digital economic growth amid global economic headwinds. Companies should deeply understand local markets, enhance the online shopping experience, integrate online and offline channels, embrace emerging technologies, and focus on sustainable development to seize Southeast Asian digital opportunities. The region presents significant potential for businesses willing to adapt and invest strategically.

12/29/2025 Logistics Industry Insights
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Goldplated Scrap Market Gains Traction Amid Tax Incentives

Goldplated Scrap Market Gains Traction Amid Tax Incentives

This article delves into the HS code 7112911090 for gold-containing scrap and its associated tax rates, highlighting the importance of resource recovery and market potential. It provides detailed declaration elements and regulatory conditions to help enterprises seize business opportunities more effectively.

08/08/2025 HS Code Query
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Global Customs Agencies Collaborate on Humor Initiative nothing to Declare

Global Customs Agencies Collaborate on Humor Initiative nothing to Declare

The film 'Nothing to Declare' humorously depicts Franco-Belgian customs cooperation, highlighting the importance of international customs cooperation in facilitating trade, combating smuggling, and maintaining security. This article delves into the specific manifestations of customs cooperation, the challenges it faces, and its future development directions. It emphasizes the crucial role of customs cooperation in the era of globalization, showcasing how collaborative efforts between customs administrations benefit international trade and security.

12/30/2025 Customs Knowledge
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Shanghais Jingan District Simplifies Large Item Shipping Tracking

Shanghais Jingan District Simplifies Large Item Shipping Tracking

Troubled by tracking large item shipments across provinces from Jing'an District? This express delivery guide offers a one-stop solution. Learn how to choose reliable logistics companies, obtain tracking numbers, and perform online queries. It also includes important considerations to ensure you stay informed about your shipment's status, saving time and effort for peace of mind. This guide helps you track your large items across provinces with ease.

12/30/2025 Logistics Encyclopedia
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