Sheins Platform Shift Could Disrupt Global Ecommerce

Sheins Platform Shift Could Disrupt Global Ecommerce

Fast-fashion giant SHEIN plans to open its platform, transforming into a comprehensive e-commerce platform and directly competing with Amazon and others. With its robust supply chain and low-price strategy, SHEIN has an advantage during economic downturns. However, logistics, quality control, and competitive pressure are challenges it faces. The success of SHEIN's platform transformation will have a profound impact on the cross-border e-commerce landscape. Its ability to navigate these hurdles and maintain its competitive edge will determine its long-term success in this evolving market.

Zibuyus North American Growth Faces High Return Rate Challenge

Zibuyus North American Growth Faces High Return Rate Challenge

Zibuyu, a leading cross-border e-commerce company in Zhejiang specializing in footwear and apparel, is preparing for its IPO. Despite being ranked first in GMV for footwear and apparel in the North American market, it faces the challenge of a high return rate. The return amount reached 140 million yuan in 2021 and surged to 340 million yuan in the first half of 2022. High return rates are a common issue in the fashion e-commerce industry. Zibuyu needs to effectively reduce its return rate and improve profitability to maintain its leading position in the competitive market.