20240509 Cross-border Morning post

1. Amazon has officially launched its site in South Africa and will compete with local platforms like Takealot and bidorbuy.
2. Amazon announced a £500 million investment to open a new distribution center in Northampton, United Kingdom.
3. TikTok Shop plans to open in the Spanish market on July 1, continuing its local + fully managed model for merchant onboarding.
4. Amidst TikTok's ban controversy, its sister platform Lemon8 is gaining popularity in the United States.
5. SHEIN, known for offering diverse and affordable fashion products along with convenient services, has become the third-largest online fashion retailer in the U.S.
6. Zalando's first-quarter gross merchandise volume increased by 1.3% to reach €3.3 billion.
7. TikTok has officially filed a lawsuit, accusing the U.S. government's "ban if not sold" law of violating users' First Amendment rights.
8. eBay has introduced a new product research feature, providing sellers with up to 3 years of eBay product sales data.
9. An Argentine bank has filed a legal lawsuit against Mercado Pago, an online payment platform under MercadoLibre, alleging "abuse of behavior."
10. As of March 31, Coupang's first-quarter total revenue reached $7.114 billion, representing a 23% year-on-year growth