GoodsFox

  • Home
  • Ad Creatives
  • Top Website
  • Brand Insight
  • Ecommerce
  • 👉 Free Trial
  • English
    • 中文 (中国)
    • English
GoodsFox
Ad Intelligence Platform for Website
  1. Main page
  2. About GoodsFox
  3. Main content

TikTok Shop's U.S. Summer Promotion Sets Records

2024-06-14 709hotness

GoodsFox Daily News June 14, 2024

免费 婴儿睡在白棉 素材图片

 

  • TikTok Shop's U.S. Summer Promotion Sets Records
  • The U.S. cross-border self-operation model expands merchant recruitment

  • Shein's 2023 revenue reaches $32.2 billion, surpassing Zara and H&M

  • Mercado Livre dominates search volume on Brazilian e-commerce platforms

  • Nearly 10,000 units sold in a single day! This baby and mother product is a hit on TikTok!

 

1.TikTok Shop's U.S. Summer Promotion Sets Records

During this U.S. summer promotion, TikTok Shop's U.S. region GMV broke through three records: single-day GMV in the U.S. region, single-day GMV of short videos on the platform, and single-day live broadcast GMV on the platform. Founder Stormi achieved a single session sales exceeding 1 million U.S. dollars in a recent live broadcast, setting a new record for TikTok Shop U.S. region's single live broadcast sales. 

2.The U.S. Cross-Border Self-Operation Model Expands Merchant Recruitment

This expansion of the U.S. cross-border self-operation model is aimed at merchants with a business entity in mainland China and Hong Kong. Merchants with local U.S. warehousing and logistics capabilities, and who meet the threshold conditions of having operational experience on Amazon's U.S. platform, eBay/Walmart's U.S. platforms, or DTC independent station operation experience in the U.S. market, can settle in.

3.Shein's 2023 Revenue Reaches 32.2 Billion, Surpassing Zara and H&M

According to Phoenix Network Technology, despite the intensified competition from Temu, Shein still achieved a sales volume of 32.2 billion last year, a year-on-year increase of 40%, and a 37% increase in 2022. This level has surpassed its European competitors Zara and H&M.

4.Mercado Livre Dominates Search Volume on Brazilian E-Commerce Platforms

Recently, a study by Do Follow showed that Mercado Livre is the platform with the most Google searches in the Brazilian region from January to May 2024, followed by Amazon, Shopee, Shein, and AliExpress. Relevant data shows that as of January 31, 2024, in the Brazilian e-commerce platform visit volume, Mercado Livre leads with a 13.6% market share.

5.Nearly 10,000 Units Sold in a Single Day! This Baby and Mother Product is a Hit on TikTok!

Hi-Baby Wipes is a baby wipe that focuses on softness and irritation-free. According to GoodsFox data, in the TikTok Malaysia region, the product's daily sales volume reached 9902 on June 12.

Tag: ecommerce news Goodsfox Mercado Shein TikTok Products
Last updated:2024-06-19

GoodsFox

Uncover growth opportunities with AI-powered insights into competitors, media placements, and ad creatives.

Like
< Last article
Next article >
Newest Hotest Random
Newest Hotest Random
Meta's $3.2 Billion Bet on AI Glasses: Can It Beat Apple & Google? Porsche’s China Sales Crash 28%... But Its EVs Are Soaring! Hook, Click, Convert: The Secret Playbook Behind Viral Ads 4-Second Video = $1.24M? The Viral Product Dominating TikTok Shop US Declares Trade War on Vietnam - But the Real Winner is... Trump imposes new tariffs: Will Apple increase US prices?
全球贸易新变局:美联储降息预期提前,美欧关税战再升级Fed Rate Cuts Coming? Trump’s New Tariffs Threaten Global Trade特朗普又打关税牌,苹果在美要涨价?Trump imposes new tariffs: Will Apple increase US prices?制造业变局:美国加税越南,中国意外受益?TikTok电商数据解读US Declares Trade War on Vietnam - But the Real Winner is...
Top 5 Healthcare Brands Site Ads Analysis 6,000x Sales Surge! Lighting Store Sells 370,000 Units in 7 Days French Consumers Rally Against American Brands 41% of U.S. TikTok Users Worry About Ban 5 Weekly Top Advertising Products(July 2023) U.S. DOJ Opposes Trump’s Delay on TikTok Ban
Categories
  • About GoodsFox
  • Ad Optimization Tips
  • Ad Spy
  • Ad Spy Tools
  • Brand Strategy & Analysis
  • Campaign Planning
  • Ecommerce News
  • Facebook Ads
  • Industry News
  • Marketing Intelligence
  • Product Marketing
  • Product Promotion Tips
  • Product Trends
  • Reports & Data Insights
  • TikTok Ads
  • TikTok Marketing
  • Trending Products
  • Website Rankings & Insights
Follow Me
  • twitter
  • youtube
  • facebook
  • linkedin
  • discord

Copyright © 2024 GoodsFox All Rights Reserved.

Theme Kratos Made By Seaton Jiang