🇺🇸 U.S.-China Tariff Reduction Provides Temporary Relief for eCommerce Retailers

A recent agreement between the United States and China has temporarily reduced tariffs on low-value eCommerce packages from 145% to 30%. While the “de minimis” duty exemption for packages under $800 was not reinstated, this 90-day reprieve offers online retailers like Shein and Temu an opportunity to restock their U.S. warehouses at lower costs. Both companies are expected to shift from air freight to bulk ocean shipments to optimize logistics during this period. Reuters

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📦 Shiprocket Plans Confidential IPO to Raise Up to ₹2,500 Crore

Indian eCommerce enablement platform Shiprocket, backed by investors such as Temasek and Zomato, is preparing to file confidential IPO papers with the Securities and Exchange Board of India (SEBI). The company aims to raise between ₹2,000 to ₹2,500 crore through a combination of fresh issue and offer for sale. Proceeds are expected to fund product development, strategic acquisitions, and expansion of logistics and warehousing infrastructure. @EconomicTimes

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🛍️ eCommerce Giants Revamp Strategies Amid Changing Consumer Preferences

Major eCommerce players are adapting their strategies to meet evolving consumer demands:

• Temu: Transitioning from a direct-to-consumer model to a partly managed marketplace, allowing factories to ship goods in bulk to U.S. warehouses, aiming to expand product assortment and improve delivery times.The US Sun
• Amazon: Introducing a new “Haul” section in its mobile app, offering products under $20 shipped directly from China, to compete with discount retailers like Temu and Shein.The US Sun
• Zulily: Undergoing an ownership change, with Lyons Trading Company acquiring a majority stake, plans are underway to relaunch the platform with enhanced deals and shopping experiences. The US Sun