20240523 Cross-border morning post

01

During the week of Amazon Pet Day 2024, the pet supply category saw a 6.3% increase in sales.

02

TikTok has sent a notice to its employees that it plans to make significant cuts to its operations and marketing teams this week.

03

Walmart's private label bettergoods is particularly appealing among low - and high-income consumers.

04

Online platforms have become the most important shopping channel for German consumers. In the first quarter of 2024, 96% of German consumers will shop online.

05

Shein, AliExpress and Temu have a growing presence among Mexican users, outpacing retailers such as Walmart and Liverpool.

06

American consumers are more willing than ever to buy big-ticket items such as homes, cars and large appliances online.

07

One of the main factors influencing Mexican consumers' online shopping decisions is customer service, with 40% of Mexican consumers choosing to switch brands after a poor customer experience.

08

Google will use AI technology to launch new tools and optimization features designed to help retailers promote their products.

09

For the first quarter ended March 31, 2024, FIGS reported net revenue of $119.3 million and net income of $1.4 million.

10

The number of job postings for Amazon product developers in 2024 increased by 183% compared to the same period in 2023, including a 300% increase in January compared to the same period last year.