Marketplaces
Sea Ltd. (Shopee) Smashes Q2 Revenue Goals With 23% Growth
Sea Limited exceeded Q2 2024 expectations with 23% revenue growth to $3.8 billion. Shopee orders surged 40% while Free Fire reached 100 million daily users. The e-commerce platform is expected to achieve profitability by Q3, marking a significant milestone for the Southeast Asian tech giant.
TikTok Shop Takes Over: Live Selling Changes U.S. Shopping
TikTok Shop revolutionizes U.S. e-commerce through live selling, combining entertainment with shopping. Interactive features like real-time chat and instant purchasing create engaging experiences. This social commerce trend transforms traditional retail, driving higher sales while changing how Americans discover and buy products online.
Walmart Makes History with First Profitable E-commerce Quarter
Walmart achieved its first-ever profitable global e-commerce quarter in Q1 2025, with online sales growing 21%. After years of heavy investment in digital infrastructure, store-fulfilled delivery, and marketplace expansion, the retail giant successfully transformed losses into profits, proving traditional retailers can compete effectively in the digital marketplace.
Amazon Brings Online Shopping to Small Town America
Amazon is expanding e-commerce services to rural America's 60 million residents through innovative delivery solutions like hub lockers, local partnerships, and drone testing. This expansion bridges the digital divide, supports local businesses, and brings urban shopping convenience to small towns nationwide.
India Files $200M Case Against Myntra for Rule Breaking
India's Enforcement Directorate filed a $200 million case against Walmart-owned Myntra for violating foreign investment rules. The government alleges Myntra disguised retail operations as wholesale trade to receive foreign funding illegally. This major e-commerce crackdown could reshape how international companies operate in India's online shopping market.
FIEO Teams Up With Amazon India to Help Small Businesses Export
FIEO and Amazon India partnership simplifies global exports for small businesses. The collaboration provides training, reduces costs, and offers easy market access through Amazon's international platform, helping MSMEs reach worldwide customers without complex export procedures.
