2024.11.29 GoodsFox Daily E-commerce News:
- Rotating Projector Sales Soar with 30,000 Units Sold in Two Weeks
- Mexico to Impose 16% VAT on Foreign Ecommerce Platforms
- TikTok Shop UK Drives Black Friday Sales Through Live Shopping
- Temu Requires GCC Certification for Adult Apparel Sold in the U.S.
- Shopify Adds Free Shipping Insurance for Sellers
1. Rotating Projector Sales Soar with 30,000 Units Sold in Two Weeks
GoodsFox reports that TikTok's US shop Transpeed has achieved phenomenal success with its portable projectors. In the past 30 days, the store sold 38,000 units, including 22,000 units in a single day on November 27. Transpeed’s projectors come with advanced features, including a 180° rotating model with a stand and a WiFi BT 5.0 model with a remote. Lightweight and tech-forward, these devices are rapidly becoming a favorite among TikTok users, solidifying Transpeed’s position as a top choice for innovative gadgets.
Source: GoodsFox
2. Mexico to Impose 16% VAT on Foreign Ecommerce Platforms
Starting January 1, 2025, Mexico will implement a 16% VAT on foreign ecommerce platforms selling products in the country, announced the Mexican Tax Administration Service. This policy targets major platforms such as Shein, Temu, and Amazon, potentially generating 15 billion pesos in revenue. Products stored within Mexico but sold by foreign entities will also be taxed, reinforcing the country’s commitment to equitable tax reform.
3. TikTok Shop UK Drives Black Friday Sales Through Live Shopping
4. Temu Requires GCC Certification for Adult Apparel Sold in the U.S.
Temu has announced that all adult apparel products sold in the U.S. must obtain GCC certification by the end of December. GCC (General Certificate of Conformity) is a U.S. Consumer Product Safety Commission requirement for non-children’s products, ensuring compliance with safety standards. Sellers should act promptly to meet the deadline and maintain uninterrupted operations on Temu.
5. Shopify Adds Free Shipping Insurance for Sellers
GoodsFox Daily E-commerce News: Discover top ecommerce updates, from TikTok projector sales and Mexico’s VAT law to Shopify’s new shipping insurance and TikTok Shop UK’s holiday discounts.
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