20240428 Cross-border Morning post

01 The UK regulator will conduct an antitrust review of AI-related transactions by tech giants such as Amazon and Microsoft.

02 After the European Commission launched an investigation into the addictive risk of TikTok’s reward mechanism, TikTok announced that it has voluntarily suspended its reward function.

03 AliExpress has recently significantly increased its investment in the South Korean e-commerce market, and its registered capital has increased ninefold.

04 Walmart announced that it will hold the first “Walmart+ Early Access” online sale.

05 To enhance its business in the Mexican market, MercadoLibre decided to expand its e-commerce cooperation network and will recruit 8,200 employees in Mexico.

06 The U.S. Consumer Product Safety Commission announced the recall of 3M’s PeltorX4 series noise reduction earmuffs due to the risk of excessive noise exposure

07 Zalando will test its latest AI technology for size recommendation functions in Spain to reduce the return rate due to incorrect sizes.

08 Youke Tree achieved a business income of 464 million yuan in 2023, a decrease of 40.01% compared with the same period last year.

09 In the first quarter of 2024, up to 95% of Vietnamese online consumers made purchases through live broadcasts.

10 Moncler’s Q1 2024 revenue reached 818 million euros, a year-on-year increase of 16%.