Traditional Businesses Adapt to Ecommerce Boom

Traditional Businesses Adapt to Ecommerce Boom

JueWei Food's losses serve as a warning for traditional offline retail, highlighting e-commerce transformation as crucial for survival. The new e-commerce reconstructs the relationship between consumers, products, and channels, making online-offline integration a trend. The instant retail market holds immense potential, and a digital mindset is key to successful transformation. Businesses should develop e-commerce strategies, optimize products and services, and embrace new technologies to secure a competitive advantage in the future.

02/05/2026 Logistics Industry Insights
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TAL Education Eyes Livestreaming Ecommerce Success After Orient Selection

TAL Education Eyes Livestreaming Ecommerce Success After Orient Selection

Facing the impact of the "Double Reduction" policy, EdTech companies like Xueersi are transforming into live streaming e-commerce. Xueersi is replicating the "knowledge-based live commerce" model of Oriental Selection through a matrix account strategy and full-category expansion, sparking imitation controversies but achieving initial market success. The transition presents challenges such as lack of e-commerce operational experience and overlapping user groups, but also opportunities like teacher resources and brand effect. Differentiated competition will be crucial for the future success of EdTech companies in the live streaming e-commerce sector.

01/06/2026 Logistics Industry Insights
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Commerce Control List Key to US Export Compliance

Commerce Control List Key to US Export Compliance

This article outlines the significance of the Commercial Control List (CCL) in U.S. export compliance, emphasizing its functions, classification system, and impact on international business transactions. It suggests that companies should prioritize the CCL to mitigate risks and promote global trade.

08/05/2025 Customs Knowledge
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Bank of Commerce and Development SWIFTBIC Code Explained

Bank of Commerce and Development SWIFTBIC Code Explained

This article presents the SWIFT/BIC code CDBLLYLT011 for BANK OF COMMERCE AND DEVELOPMENT (L.J.S.C.), highlighting the importance of using the correct code in international remittances. It also includes the bank's specific address and methods for verifying the accuracy of the code, aiming to enhance the security and efficiency of fund transfers.

08/21/2025 International Settlement
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