Amazon Cuts Costs As Growth Slows
Amazon's closure of its online fabric business, fabric.com, reflects a slowing growth trend in the e-commerce sector. E-commerce giants like Amazon and Shopify are facing declining performance and cost pressures, leading them to adopt strategies of scaling back their operations. This serves as a warning to cross-border sellers. In the future, cross-border e-commerce will need to focus more on refined operations, improving product quality and service levels to stand out in the fierce market competition.
