KrASIA Writers

Toyota aims to launch 10 new EV models by 2026 and reach global annual sales of 1.5 million to catch up with Tesla and BYD.

Byte’s new lifestyle app Lemon8 unexpectedly takes the US app market by storm, even ranking first in the lifestyle app category.

Dingdong Maicai’s focus on operational efficiency and category expansion has led to nationwide profitability in China’s struggling fresh food e-commerce industry.

Shein is facing challenges from tariffs, competition, declining revenue growth and user data, and a stricter quality control mechanism for suppliers.

ByteDance, the parent company of TikTok, is set to report profits of USD 25 billion this year, an increase of almost 80%.

Localization efforts, AI capabilities, and in-person showcases are helping to fuel social commerce.

At the four-day event in Austin, Texas, the dropshipping platform took the opportunity to showcase its AI-powered capabilities for content creators to sell products.

The summit, held for the first time after an extended lockdown, saw the launch of Metaverse-in-a-Box and a few other exciting announcements for the Web3 community.