DAT Acquires Convoy to Expand Digital Freight Services

DAT Acquires Convoy to Expand Digital Freight Services

DAT Freight & Analytics has announced the acquisition of Flexport's Convoy digital freight platform. This move will enhance its product offerings by integrating automation and digital freight matching technologies, bringing new development opportunities and value to the industry.

08/06/2025 Logistics
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Xiaohongshu Trials Paid Content Promotion for Brands

Xiaohongshu Trials Paid Content Promotion for Brands

Xiaohongshu's Dandelion platform is internally testing a "Content Boosting" feature, providing brands and agencies with a new traffic entry point to increase exposure and engagement of filed notes. Compared to Potato Chips (Xiaohongshu's paid promotion tool), Content Boosting has a shorter material cycle, does not support audience targeting, and has a spending cap. It is more suitable for boosting and discovering high-quality notes, and can be linked with performance ads for better promotion results. Brands are advised to pay attention and experience it as soon as possible. It is a new way to increase organic reach and drive engagement.

Tiktok Shop Shifts to Managed Model in Crossborder Ecommerce

Tiktok Shop Shifts to Managed Model in Crossborder Ecommerce

TikTok e-commerce is reportedly launching a "fully managed" model, where merchants only supply goods and the platform handles operations. This aims to shorten the sales process and improve efficiency, with plans to fully open the Shop function in the US this year. The fully managed model is becoming an industry trend, testing the platform's product selection and operational capabilities, while also bringing opportunities and challenges to merchants. TikTok e-commerce is accelerating its transformation, and the combination of its massive traffic and the fully managed model may reshape the landscape of cross-border e-commerce.

Sri Lankan Rupee Weakens to X Against US Dollar replace X with the Current Exchange Rate If Available Eg 00016 If the Rate Is Variable Omit the Specific Value Alternative Option If the Article Focuses on Broader Trends sri Lanka

Sri Lankan Rupee Weakens to X Against US Dollar replace X with the Current Exchange Rate If Available Eg 00016 If the Rate Is Variable Omit the Specific Value Alternative Option If the Article Focuses on Broader Trends sri Lanka

The current exchange rate for 50 Sri Lankan Rupees (LKR) to US dollars (USD) is 0.1666 USD, equating to approximately 0.0033 USD per LKR. This rate is based on market middle quotes and may be affected by fees during actual conversion. Users should pay attention to exchange rate trends before engaging in cross-border transactions.