1. Beauty and self-care become best-sellers on Shopee Live and TikTok Live
According to Indonesian media reports, Sirclo’s data shows that there are three types of best-selling products in Indonesia’s live streaming functions such as Shopee Live and TikTok Live. The three products are: beauty and self-care, mother and baby, and home life. At the same time, the best-selling product categories of e-commerce companies such as Shopee and TikTok in terms of annual or year-on-year sales are: beauty and self-care, travel and hobbies, and fashion.
2. Rolex was fined 716 million yuan for blocking online sales of watches
According to reports, the French Competition Authority imposed a fine of 91.6 million euros (approximately 716 million yuan) on the Rolex watch brand. The fine comes after Rolex was accused of preventing its authorized dealers from selling new watches online. A previous investigation revealed that Rolex exerts tight controls on the distribution of its luxury watches, limiting market access for other retailers. Rolex France has been accused of restricting its dealers from selling its products online for more than a decade.
3. Temu UK has over 11 million monthly visitors
Recently, Similarweb released Temu’s latest traffic data in the European market. It is understood that Temu has quickly emerged as a major player in the European market due to its heavily discounted products. Between April 23 and November 23, Temu.com accounted for a significant share of traffic among the top 10 multi-category retailers in various European countries. In the UK and France, Temu has become one of the top 5 retailers. In the UK, Temu has more than 11 million visitors per month, which is the same as John Lewis.
4. U.S. container shipping volume increased 13% year-on-year in November
In November 2023, maritime container traffic from Asia to the United States reached 1,493,964 (equivalent to 20-foot containers), a year-on-year increase of 13%. This is the third consecutive month above the same period last year. The slowdown in import demand due to factors such as excess retail inventory is gradually recovering. Among them, the transportation volume of toys and sports equipment increased by 30%, and the transportation volume of clothing increased by 12%.
5. 59% of Germans choose to buy second-hand Christmas gifts
Amazon's survey shows that 59% of German consumers choose second-hand Christmas gifts, and the most popular ones include coffee machines, air fryers, etc. Similarly, a survey by the price comparison platform "Idealo" showed that 64% of "Millennials" and 62% of "Generation Z" have a positive attitude towards second-hand Christmas gifts. The older generation in Germany are also increasingly accepting second-hand gifts.