JD.com's overseas expansion faces setbacks with the closure of Joybuy, highlighting difficulties in its B2B transformation. Challenges arise in strategy, localization, and supply chain management. To overcome these hurdles, JD.com needs to focus on its core strengths and deepen collaborations to find breakthroughs in the global market. The shutdown signifies a need for strategic re-evaluation and a more targeted approach to international e-commerce.
A.P.S. – All Professionals' Solutions Srl is an IATA-accredited professional consultancy based in Italy. They are dedicated to providing efficient and reliable market expansion services for businesses targeting the European market. Their services include market research, compliance consulting, localization strategy development, and business development support. A.P.S. aims to help companies easily enter the European market and achieve success by offering tailored solutions and expert guidance throughout the entire process.
Temu further expands its reach in Southeast Asia, launching in Vietnam and Brunei. Leveraging its low-price strategy and diverse product range, Temu is rapidly gaining market share. However, intense market competition, localization efforts, and logistics challenges remain. Temu needs continuous innovation and optimization to succeed in the Southeast Asian market. The key to success lies in adapting to local preferences and overcoming logistical hurdles to maintain its competitive edge.
Baidu officially launched its AI product, Wenxin Yiyan, aiming to compete with ChatGPT. The launch event showcased Wenxin Yiyan's five major application scenarios and capabilities, but the market response was lukewarm. Despite technological gaps, Baidu hopes to seize the domestic market through a localization strategy. Wenxin Yiyan faces both challenges and opportunities, and its future development is worth anticipating. Baidu is betting on its understanding of the Chinese market to gain an edge.
Low-priced products on AliExpress don't necessarily mean losses. Sellers employ strategies like SKU combinations, traffic-driving items, capital operations, and cost advantages to achieve profitability. To succeed in the competitive cross-border e-commerce landscape, businesses need multi-platform strategies, differentiated product selection, refined operations, optimized supply chains, and brand building. Focusing solely on low prices is unsustainable; a holistic approach is crucial for long-term growth and profitability.
JD.com plans to acquire European consumer electronics retail giant Ceconomy for 18.3 billion yuan. This acquisition aims to rapidly gain access to European market offline channels, supply chain resources, and brand influence through a deep localization strategy. Furthermore, JD.com will indirectly hold shares in Fnac Darty, expanding its business scope. This move will also provide more in-depth support for Chinese brands entering the European market, leveraging Ceconomy's existing infrastructure and market presence to facilitate their expansion.
TikTok Shop is launching in the US, initially focusing on local merchants and adopting a cautious localization strategy. Learning from the UK market, TikTok is taking a prudent approach in the US, prioritizing merchants with US-based inventory and building logistics fulfillment centers. TikTok's entry will accelerate changes in the US e-commerce market, but whether it can successfully break through remains to be seen. The focus on US-based inventory and fulfillment aims to avoid the issues experienced in the UK market.
Wildberries China will host an anniversary live stream on December 30th, unveiling its platform strategy for 2026. The event will share growth experiences from sellers achieving hundreds of millions in revenue, provide answers to compliance and logistics questions, and introduce progress on localization services. The aim is to empower Chinese sellers to seize opportunities and achieve business growth on the Wildberries platform. This event will offer valuable insights and practical solutions for navigating the cross-border e-commerce landscape with Wildberries.
Yandex, Russia's largest search engine, holds a significant position in the Russian internet market through its localization strategy and technological innovation. Beyond search services, it encompasses e-commerce, online advertising, mobile applications, and more, building a diversified internet ecosystem. Facing international competition and information security challenges, Yandex needs to continuously innovate, improve user experience, and contribute further to the development of the Russian internet. Its focus on local content and understanding of the Russian language and culture has been key to its success.
South Korean AsungHMP invested ₩500 billion to repurchase shares held by Japan's Daiso Industries Co., Ltd., achieving full control of Asungdaiso Corp. This move aims to strengthen local control, eliminate Japanese capital influence, accelerate its localization strategy, and lay the foundation for deepening the Korean market and expanding overseas. Daiso's strong performance growth in recent years has provided the confidence for this strategic transformation. The acquisition signifies a shift towards a more independent and domestically focused approach for the retail chain.
