Economics

On March 13, the US House of Representatives voted overwhelmingly, 352-65, to quickly pass a new bill that could effectively ban social media giant TikTok. The decision comes just five days after the bill was introduced and passed unanimously by the Energy and Commerce Committee of the House of Representatives....

In China, in the face of competitive pressure from Pinduoduo, Alibaba has high hopes for AI e-commerce and regards it as a "winning weapon" to deal with Pinduoduo and Tiktok e-commerce. In foreign countries, in order to cope with the fierce competition from Temu, TikTok and SHEIN, Amazon has taken...

As an emerging e-commerce platform, TEMU has successfully attracted the attention of overseas consumers through a large number of advertisements. TEMU's ads are everywhere, whether on social media, paid search or traditional TV channels. This has not only helped TEMU expand its reach, but also made it a leader in...