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๐Ÿ“ฆ Stord Secures $200M to Enhance eCommerce Fulfillment

Atlanta-based logistics technology firm Stord has raised over $200 million in a Series E funding round, elevating its valuation to $1.5 billion. The investment, led by Strike Capital with participation from Silicon Valley Bank and ORIX USA, aims to bolster Stord’s capabilities in providing rapid, seamless eCommerce fulfillment solutions. The company plans to expand its intelligent shipping algorithms and integrated consumer experience platforms to meet the growing demand for efficient delivery services.


๐Ÿšš China-U.S. Air Freight Capacity Drops After Tax Exemption Removal

Air freight capacity between China and the U.S. has dropped by nearly a third following the removal of a tax-free exemption for low-value items from China. This change has significantly impacted a major revenue stream for Asian airlines, leading to adjustments in routes and operations. TradingView+3Reuters+3IndexBox+3


๐Ÿ›๏ธ Retailers Rush to Save U.S. Summer Shopping Season

Following tariff reductions, U.S. retailers, including Walmart, are accelerating orders from China for summer merchandise. This surge aims to capitalize on the temporary tariff cut, but it raises concerns about potential supply chain bottlenecks and increased freight costs. ETBrandEquity.com


๐Ÿงด Genome & Company’s Skincare Brand UIQ Expands into North America

South Korean biotech firm Genome & Company has officially launched its skincare brand, UIQ, on Amazon’s North American platform. This expansion marks UIQ’s entry into the U.S. market, leveraging Amazon’s vast distribution network to reach a broader consumer base. The move aligns with Genome & Company’s strategy to globalize its product offerings and tap into the growing demand for innovative skincare solutions.

1. New Report Highlights Growth of Livestream Shopping:

A newly released industry report indicates significant growth in the livestream shopping market within the United States over the past year. The report points to increasing consumer engagement and conversion rates through these interactive shopping experiences, particularly in categories like fashion, beauty, and electronics. This trend suggests that more US retailers are recognizing the potential of livestreaming to connect with customers in a more dynamic and engaging way, blurring the lines between online and in-person shopping.  

2. Concerns Raised Over Rising Costs of Last-Mile Delivery:

Several major logistics providers in the US have announced potential increases in their last-mile delivery fees, citing rising fuel costs and labor shortages. This development could impact the profitability of eCommerce businesses, particularly those with high shipping volumes or those offering free shipping. Retailers may need to explore strategies such as adjusting pricing, optimizing their shipping options, or investing in alternative delivery methods to mitigate these rising costs.  

3. Amazon Reportedly Testing AI-Powered Visual Search for Apparel:

Reports are surfacing that Amazon is experimenting with a new AI-powered visual search feature specifically for apparel. This technology would allow users to upload images of clothing items and receive visually similar product recommendations from Amazon’s vast catalog. If widely implemented, this feature could significantly enhance the online shopping experience for fashion consumers, making it easier to discover and purchase items based on visual inspiration.

These stories underscore the ongoing evolution of consumer shopping habits, the persistent challenges in logistics, and the increasing role of advanced technologies like AI in shaping the future of eCommerce in the United States. Businesses need to closely monitor these trends to adapt their strategies and remain competitive.