Shopee Implements Cost Cuts Amid Market Struggles

Shopee Implements Cost Cuts Amid Market Struggles

Faced with significant losses, Shopee is implementing measures like layoffs, executive salary reductions, and strategic retrenchment to survive. The company is withdrawing from several markets to focus on its core business and has introduced support policies to reassure sellers. Shopee's future hinges on its ability to identify new growth opportunities and achieve sustainable development amidst fierce market competition.

YRC Worldwide Struggles to Revive LTL Trucking Business

YRC Worldwide Struggles to Revive LTL Trucking Business

YRCW, once facing severe financial crisis, averted bankruptcy through restructuring. While performance has improved, the company still faces challenges including pension obligations, intense competition, and labor relations. Successful transformation requires cost control, improved relationships with stakeholders, and adaptation to market changes. The company's future hinges on effectively managing these challenges and capitalizing on opportunities within the LTL transportation sector.

01/26/2026 Logistics
Read More
Office Depot Launches Sameday Delivery to Compete with Amazon

Office Depot Launches Sameday Delivery to Compete with Amazon

Office Depot enters the same-day delivery arena, aiming to compete with e-commerce giants like Amazon. Traditional retailers face pressure to upgrade their logistics capabilities, requiring strategies such as online-offline integration and optimized inventory management to succeed. This competition is driving retail transformation, ultimately providing consumers with a faster and more convenient shopping experience.

01/29/2026 Logistics
Read More
Tiktok Drives US Sales Boom for Smokeless Indoor Grills

Tiktok Drives US Sales Boom for Smokeless Indoor Grills

Smokeless indoor grill sales in TikTok US have recently seen significant growth, primarily driven by market demand for healthy and convenient cooking, short video and influencer promotion on the platform, and policy support from TikTok Shop. Future sales are expected to continue to rise, but market competition will also intensify. Merchants need to continuously innovate to meet the challenges.

Onyx BOOX Plans Hong Kong IPO to Expand Ereader Business

Onyx BOOX Plans Hong Kong IPO to Expand Ereader Business

Onyx Boox, specializing in E-Ink smart devices, focuses on "reading + efficient office work." In 2024, revenue exceeded one billion, leading global color E-Ink shipments. However, net profit declined and cash flow is under pressure, facing challenges like tariffs and competition. The company is seeking a Hong Kong IPO to address these challenges and expand its market reach.