20240806 Morning Post

1. During Prime Day 2024, the number of Prime members shopping on Amazon India increased by 24% compared to last year.
2. The CPSC announced a recall of Papablic's Archie baby swings due to a choking hazard.
3. The FTC and the Department of Justice have filed a lawsuit against TikTok and its parent company ByteDance for violating the Children's Online Privacy Protection Act.
4. TTS Southeast Asia allows a single business license to cover five countries: Thailand, Malaysia, Vietnam, the Philippines, and Singapore, with a maximum of two stores per country.
5. The Prime Minister of Thailand has instructed the Revenue Department and the Ministry of Digital Economy and Society to investigate Temu to ensure it complies with Thai laws and pays taxes.
6. The turnover of Russian e-commerce platforms Wildberries, Ozon, Megamarket, and Yandex Market grew by 21% year-on-year in the first half of the year.
7. As of June 30, BigCommerce's total revenue for the second quarter was $81.8 million, an increase of 8% year-on-year.
8. Due to delays in payments to sellers and refunds to consumers by a Singapore shopping platform, South Korea has launched a $445 million relief plan.
9. Sportswear brand Alo Yoga announced that its flagship store will open on Regent Street in London, aiming to further expand its European business.
10. Rihanna's lingerie brand Savage X Fenty announced a partnership with American department store giant Nordstrom.