GoodsFox Daily News June 24, 2024 ● Pink Tip Women's Sweatshirt recently became a breakout item in the TikTok US region ● PL Makeup Academy Lip Balm has recently been a hot seller in the TikTok UK region ● TikTok Files First Amendment Lawsuit ● Morgan Stanley forecasts Temu to reach $130 billion in GMV by 2030 ● Massive miscalculation on the eve of Amazon Prime Membership Day   1. Pink Tip Women's Sweatshirt Recently Exploded on TikTok USA A women's solid-color tracksuit from Pink Tip, which includes a sporty zip-up drawstring jacket and high-waisted leggings, has recently exploded on TikTok US. According to GoodsFox, it sold 16,153 units per day on June 20 on TikTok US.   2. PL Makeup Academy Lip Balm recently sold on TikTok UK. PL Makeup Academy Lip Balm has been a recent hit on TikTok UK, helping to repair dry and damaged lips. According to GoodsFox, in the TikTok UK region, the product reached 4,630 daily sales on June 21st and 153,832 in the last 30 days.   3. TikTok Files First Amendment Lawsuit TikTok says the U.S. government failed to adequately consider viable alternatives before pushing through a law that could have banned the platform from being listed in the U.S. TikTok claims it provided the U.S. government with a detailed, multi-hundred-page plan to mitigate national security risks.   4. morgan stanley predicts temu 2030 gmv expected to reach $130 billion Temu is in a critical period of global expansion. Morgan Stanley recently predicted that Temu is on track to be profitable by 2025 at the earliest, and that it has huge potential to grow its GMV to $130 billion by 2030.   5. Massive Misclassification on the Eve of Amazon Prime Membership Day Since June 18, according to the reaction of several Amazon sellers, their on-sale listings were misclassified as children's products, thus affecting normal sales, including accessories, jewelry, home furnishing and other categories of listings are affected.

GoodsFox Daily News June 21, 2024 ● The seasoning pack Birria Bombs Pack is a hit on TikTok in the US, with recent daily sales reaching up to 9,000! ● Temu may not be able to enter Indonesia due to its business mode ● The US may ban the sale of DJI drones in the country ● The 2024 China (Xiamen) International Cross-Border E-Commerce Exhibition will start at Xiamen International Convention and Exhibition Center on June 26 ● The 2024 list of the world's most valuable brands has been released: Amazon ranks fourth   1. The seasoning pack Birria Bombs Pack is a hit on TikTok in the US, with recent daily sales reaching up to 9,000! photo from: GoodsFox The Birria Bombs Pack is a seasoning pack under the EZ Bombs brand. By simply adding water and meat, you can quickly make delicious Birria, a traditional Mexican dish. According to GoodsFox data, the product's daily sales on TikTok in the US reached 4,970 on June 19, and 8,999 on June 7, with a 30-day sales volume of 75,376.   2.Temu may not be able to enter Indonesia due to its business model The Indonesian Ministry of Trade recently announced that Temu cannot enter Indonesia because its business model does not comply with Indonesian regulations. The Director General of Trade at the Indonesian Ministry of Trade, Isy Karim, pointed out that Indonesia prohibits B2C (business-to-consumer) or F2C (factory-to-consumer) business models. Temu must comply with government regulations. […]

GoodsFox Daily News June 13, 2024     1.Mercado Libre Launches Eco-Friendly Product Series 2.Temu's Repeat Customer Attraction Surpasses eBay 3.eBay Launches Official Website eBaymag 4.South Africa to Significantly Increase Procurement Taxes on Temu and Shein 5.TikTok plans to invest $2.1 billion in Malaysia 1.Mercado Libre Launches Eco-Friendly Product Series Mercado Libre has recently introduced a brand-new series of eco-friendly products to meet the growing environmental demands of consumers. Over 1600 eco-friendly items can be found on Mercado Libre, spanning various sectors such as fashion, healthy food, beauty, and personal care. Notably, bamboo toothbrushes, cloth shopping bags, and diapers are the most popular. 2.Temu's Repeat Customer Attraction Surpasses eBay According to financial reports, within two years of entering the U.S. market, […]

GoodsFox Daily News June 11, 2024   1.TikTok US Region Averages 10,000 Daily Sales, Another New Health Product Takes Off 2.Amazon Plans Further Layoffs for Customer Service Team 3.Mercado Libre Mexico's HOT SALE Promotion Sees 44% Increase in First-Day Sales Compared to Last Year 4.TikTok E-commerce Aims to Increase US Region's GMV by 10 Times in the Second Half of the Year 5.Temu Launches in Brazil   1.TikTok US Region Averages 10,000 Daily Sales, Another New Health Product Takes Off TikTok US Region Averages 10,000 Daily Sales, Another Health Product Takes Off Day Cleanse is a functional health product that helps promote digestion and reduce bloating and constipation. According to GoodsFox, over the past month, it has averaged 10,000 daily […]