What are some recent hot events on Tuke that deserve our attention? Tuke will take you to find out!

I. Major News

1. ByteDance accelerates relocation of Tuke employees overseas

Since November 2023, Tuke employees in domestic positions such as front-end and back-end development, data, and algorithms have successively received notices to work overseas. Work locations include Singapore, Canada, the United States, etc.

2. Amazon sellers flock to Tuke

Tuke announced that it will expand its US e-commerce business scale by 10 times in 2024. The huge growth potential has allowed Amazon sellers to see business opportunities, and many Amazon sellers have already joined Tuke Shop, with short-term income already surpassing Amazon.

3. Domestic livestreaming hosts start selling on Tuke

Tuke reached a total of 5.17 billion downloads in 2023, and China's livestreaming e-commerce industry is experiencing explosive growth. A large number of top livestreaming hosts are starting to compete for overseas markets. Douyin influencers Crazy Little Yang and Oriental Selection are accelerating their entry into Tuke livestreaming e-commerce, widely expanding their overseas selling business.

4. The Alpha Generation (post-2010s) becomes the main consumer force

As the Alpha Generation becomes the main consumer force, the cross-border e-commerce beauty market has broad prospects. In addition, nearly half of Gen Z consumers discover new products through Tuke, so beauty brands need to seize the opportunity.

II. Regional News

US Region

New Tuke US logistics policy

The latest official news from Tuke US states that a new policy has been introduced for merchants regarding logistics fulfillment timeliness. If a merchant's logistics fulfillment time exceeds 192 hours, they will not be eligible for shipping subsidies. The official solution includes entering the official FBT warehouse and shipping from the nearest location, etc.

Latin America

Tuke to launch in Latin America

Tuke Shop plans to launch in the Latin American market in the coming months. Currently, Tuke Shop has already launched in the US, Southeast Asia, the UK, and other regions.

Vietnam

Tuke Vietnam promotes Lunar New Year sales

Tuke has partnered with Thu Duc City in Vietnam to launch TheDuc Online Market, providing support for sellers during Lunar New Year sales. This online market offers local e-commerce sellers a sales channel, and Tuke has also launched various Lunar New Year discounts. So far, the market has attracted 50 retailers, 100 KOLs, and numerous digital content creators to participate.

Indonesia

Tuke Shop Indonesia will not increase seller fees

Tuke Shop Indonesia stated that it will not increase seller fees and emphasizes support for local small and micro businesses. Previously, the US site announced it would raise seller fees to 6% and 8%, causing concern among Indonesian sellers. The Indonesia site stated that there are currently no plans to implement similar policies.

Thailand

Thailand steps up efforts to block cross-border goods from entering the country

According to foreign media, due to the continued decline in manufacturing capacity, the Thai government is stepping up efforts to prevent a large influx of imported goods into the country, aiming to protect Thai manufacturers and strengthen the resolution of non-compliant imported products.

Source: Internet