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TikTok Shop is Expanding in Europe!
TikTok Shop was recently launched in Germany, France, and Italy. It reaches over 72 million users in these countries. Among TikTok Shop’s sellers are both famous brands from these countries and local sellers. On the other hand, if it fails to attract buyers, TikTok’s operations in the United States may be terminated.
Meta Launches Omnichannel Ads for E-Commerce Businesses
Meta has launched omnichannel ads that allow advertisers to display ads highlighting product locations near consumers.
Raids on Amazon and Flipkart Warehouses Continue in India
India’s state-backed product certification agency conducted raids on Amazon and Flipkart warehouses in Delhi this month. Products that did not comply with quality control standards were seized.
India Becomes the World’s Second-Largest E-commerce Market
India has surpassed the United States to become the world’s second-largest e-commerce market, with a $60 billion e-retail market and 280 million online shoppers. The country’s e-commerce market is expected to reach $170-190 billion by 2030.
Yango Tech Introduces AI-Powered Inventory Management System for MENA Retailers: AInventory
Yango Tech Retail’s new AI-powered shelf tracking system, AInventory, creates a digital twin of supermarkets.
Amazon’s New AI Feature: Interests
E-commerce giant Amazon has introduced a new artificial intelligence feature called “Interests” to help users discover products in its e-commerce marketplace.
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