20240710 Morning Post

01

Market research firm Numerator reports that 40 percent of U.S. households are expected to shop during Prime Day this year.

02

TikTok implemented new AD restrictions and data controls for teen users on its app, effective July 1.

03

TikTok Shop UK launched its million pound Club program on July 8.

04

South Korean e-commerce giant Coupang will raise monthly membership fees for all paying customers on August 7.

05

eBay has revamped its advertising platform to help sellers grow their business by introducing new dashboards, personalized insights and intuitive campaign tools.

06

A large number of search results, ineffective filters, and unreliable reviews lead to "decision fatigue" among consumers, which greatly affects the online shopping experience and motivation.

07

High-income consumers are playing a leading role in online shopping activities, and are prominent in terms of purchase frequency and social e-commerce engagement.

08

Indonesian vegan cosmetics brand Esqa recently announced that it has raised $4 million in Series B funding led by Unilever.

09

Huddled Group, an e-commerce company, acquired a 75% stake in DTC beauty brand Boop Beauty.

10

Luxury brand Burberry is preparing for a restructuring plan that will cut hundreds of jobs.