E-Commerce

[winston]

Amplify International Online Retail ETF (XBUY)

The Amplify International Online Retail ETF (XBUY) invests in companies that its managers expect to benefit from the increased adoption of e-commerce around the world.

XBUY presents a compelling opportunity for investors to capitalize on this international growth, a segment where 80% of total online retail sales in 2018 were from countries outside the U.S.
E-commerce is growing rapidly worldwide.

According to Statista, retail e-commerce sales worldwide totaled $2.8 trillion last year -- nearly double the 2015 tally.

Still, e-commerce represents less than 15% of total U.S. retail sales. The percentages are similar worldwide.

Online shopping is the new normal. Nearly 80% of Americans have shopped online, with 43% purchasing at least a few times a month, according to a survey by the Pew Research Center.

Source: Investor Place

[winston]

ProShares Online Retail ETF: Buy Dozens of Online Leaders With a Single Ticker

Amazon isn't the only game in town

By John Kilhefner

Source: InvestorPlace

https://investorplace.com/proshares-onl ... h=nonbuyer

[winston]

not vested

Tech ETFs to Buy: Global X Ecommerce (EBIZ)

Although e-commerce’s growth is likely to slow after the pandemic is over, consumers have clearly gotten used to relying more on e-commerce during the outbreak.

As a result, since most people are creatures of habit, the phenomenon should continue to grow quite rapidly going forward.

Other factors that should keep e-commerce stocks sizzling are the increased speed of deliveries, continued strong network effects as more and more companies sell their goods online, and the entrance of younger generations who have grown up with e-commerce into the workforce.

The Global X Ecommerce ETF is a good choice for growth investors; its top holdings feature multiple companies, including China’s JD.com (NASDAQ:JD), Latin America’s MercadoLibre (NASDAQ:MELI), and artisan-oriented website Etsy (NASDAQ:ETSY).

These companies are expanding rapidly and have tremendous growth opportunities going forward.

Over the last six months, EBIZ ETF has surged nearly 50%, showing that its largest components are well-loved by the market.

Source: Investor Place

[winston]

CN State Press Slams Community Group-buying: Dotcoms Shall be More Responsible in Innovation

Chang Sheng criticized the community group-buying practices in China in an article on People's Daily, saying internet giants with huge volume of data and advanced algorithms, should take on more responsibilities, pursuits and achievements in tech innovation, instead of indulging themselves in the sales flow of goods.

Equally, he stressed that tech innovation and the infinite possibilities in future are awe-inspiring.

Source: AAStocks Financial News

[winston]

Community group buying has brought Big Tech’s disruption to China’s smaller cities but are they ready for it?

Community group buying is the latest big e-commerce trend to hit China, with consumers ordering fresh food via a few swipes on their mobile phone

Business model has shaken traditional wholesalers though and prompted regulators to warn tech companies over how industry develops

In the space of just a few months, China’s traditional wholesale and retail network (including traditional wet markets) – which provides jobs for 40 million people – has been shaken, indicating once again the power of technology to disrupt traditional industries in the country of a billion people.

“The tech giants are burning cash heavily to compete. Some vegetables are now sold at lower than cost, and some small vendors have been pushed out of the market … so the government has stepped in,”

Source: SCMP

https://www.scmp.com/tech/e-commerce/ar ... ion-chinas

[winston]

China e-commerce: Once-rising community group buying star becomes sector’s first big casualty as sector becomes a battleground

Group buying operator said it has filed for bankruptcy due to poor management and a difficult business environment

Community group buying model has been criticised by some state media for using economies of scale to put local food merchants out of business

by Jane Zhang

The market is expected to be worth about 104 billion yuan (US$16 billion) this year, up 38 per cent from 2020.

Start-ups like Tongcheng Life and tech giants including Meituan, Pinduoduo and Didi Chuxing are all doubling down on efforts to grab more market share.

China’s State Administration for Market Regulation (SAMR) and the Ministry of Commerce summoned Alibaba Group Holding, Tencent Holdings, JD.com. Meituan, Pinduoduo and Didi to issue a warning. “It is strictly prohibited to sell products below cost with the purpose of squeezing out competitors or seeking monopoly positions”.

In March, SAMR fined the group buying platforms of Didi, Meituan, and Pinduoduo as well as Alibaba-backed Nice Tuan, for price dumping and fraud.

Source: SCMP

https://www.scmp.com/tech/tech-trends/a ... e=homepage

[behappyalways]

I went behind-the-scenes to see how pandamart delivers grocery orders within 30 minutes, 24/7
https://mothership.sg/2021/08/pandamart ... he-scenes/

[winston]

US adds WeChat and AliExpress to list of ‘notorious’ markets for fake and pirated goods

The platforms join long-time Chinese entries Baidu Wangpan, DHGate, Pinduoduo and Taobao on the list maintained by the US trade representative’s office

Goods directly from China or shipped through Hong Kong account for 79 per cent of all fake goods seized at the US border by volume, the report noted

by Mark Magnier

Source: SCMP

https://www.scmp.com/news/china/article ... nd-pirated

[winston]

This year US online sales will rise just 9.4 per cent to US$1 trillion, the first time growth has slipped into the single digits, according to Insider Intelligence.

[behappyalways]

Chinese e-commerce platform Temu has become popular in the United States. Less than four months after its launch, the number of downloads exceeded 10 million. Inflation is sluggish and prices are high. Low-priced products in China are popular

中國電商平台Temu美國爆紅 上線不到四個月人下載破千萬 通膨不景氣高物價 中國低價商品受歡迎│記者 許庭瑋│【國際大現場】20221228│三立新聞台

https://m.youtube.com/watch?v=zyZId5AMqro