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Why growth is slowing at e-commerce giant Shopee

Inside Retail

Shopee, the e-commerce unit of Singapore-based Sea Ltd, is the market leader in Southeast Asia by revenue. It was a masterful demonstration of rapid systems and logistics development, and a good diplomatic effort, too, in the sense of co-ordinating with governments and marketplace partners to operate efficiently during all the lockdowns.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” and then made sure everyone knew about it with a spot in advertising’s biggest game, the Super Bowl. The very next month Temu debuted in the U.S.

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5 Ways To Maximize Retail Business Financing

Retail Minded

Operating a retail business is both rewarding and challenging. Many retail businesses are able to operate seamlessly with sufficient financing. The right funding source is essential for business success because you’ll be able to select the most suitable loan size, interest rates, length of payment, and more.

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