A month ago, we at Shop The Globe showed how customers and retailers can buy popular American brand name products, via our new vendor, Wholesale B2B, to sell in their shops and yours. The example we gave were hygiene products. As a follow-up, we decided to show further how our prices compare to the competition, and in particular, eBay.
Unlike traditional cafés, Paid Study Rooms (PSRs), the name already gives away how it works: people pay to self-study here. Many of them bear the word “dream” in it, like Dream Runner, Dream Seeker or Dream Builder. In this society where competition and hardworking are extensively encouraged, PSR has just started its journey.
At Shop the Globe, we’ve made it easier than ever to buy the items you want at a low price, direct from manufacturers. In a short time, we’ve also been able to offer more features and capabilities than other, more established wholesale sites, and decisively beat the prices of a certain, famous auction site.
Where is Jack Ma? The whole world is wondering what has happened to one of the richest men in China, who used to have a very high profile and now has disappeared for over two months. The founder of Alibaba didn’t even show up in Africa’s Business Heroes as scheduled, a TV show funded by Jack Ma Foundation. Concerns and speculations over his current situation have been circulating in China.
Shop The Globe, your one-stop wholesale shopping networked experience, is already a great place to stock up on in-demand, brand name items and keep your storefronts full. But how well does it stand up against the competition? We did some comparison shopping to show how you can save on popular items with Shop The Globe, versus eBay.
If you’re looking for a 20 year old directory list with almost no real search capabilities, Esources UK Wholesale Supplies is your source. If, like most wholesale buyers or sellers, you’re looking for a one stop website location that offers very good search capabilities, that is Shop The Globe.
Right before the new year, on December 29, Zhang didn’t leave work until 01:30 a.m. While walking home with her colleagues, she suddenly fainted. Even though she was immediately sent to a local hospital in Urumchi, she still passed away six hours later.
The tragedy had been circulating unperceivably on the internet, until it trended on January 3. One day later, on Zhihu, people started to spread a screenshot of a post by the official account of tech giant Pinduoduo:
The internet has democratized the human experience in ways once unimaginable even two decades ago. News and information is available at one’s fingertips instantly, from sports scores to stock tips. New connections and friendships can be formed, bringing past pen pals together in an instant. This, of course, extends to the world of commerce.
A Hong Kong court on Thursday once again issued an arrest warrant for businessman Jimmy Lai, a notable critic of China who had been granted house arrest on bail. Lai’s case is the first to involve a person accused of violating the new National Security Law, which many see as a test of the territory’s judicial independence.
When Google came out with a new search engine, it became a far better solution for searching based on the criteria you put in, and this new company transformed the entire search industry. Before Google most products on the internet were listed and then purchased indirectly from yes directories. So called search engines in the early days like Yahoo (which had a dominant position early) were simple listing directories.
Will China get old before it gets rich? This is an important question frequently discussed in China and by its rivals. It’s a matter of national power. The answer, according to most, is Yes. And it is already happening. Statistics from the CIA show that China has the same median age as the US, which is not a good sign for a developing country where the income per capita is not even half the level of a common developed-country.
Ding Zhen became famous overnight. On November 11, a 7-second video of him was uploaded to TikTok, in which he simply smiled slowly to the camera. It went viral and trended on many social platforms. Internet users are deeply charmed by his raw beautiful face. But no one could have foreseen how the story would unravel itself.
Using the global value chain as a selling tool is a new phenomenon. Listing can also help you uncover a competitive advantage over rival businesses, boosting company profits and enticing new customers. Global Trade accounted for 54% to 60% of all worldwide sales in the last few years. So you can benefit from global sales.
At Shop the Globe, we understand the struggle wholesalers face, during good times and bad, to keep your storefronts stocked with high-demand products at affordable prices. Dozens of vendors have already signed up with our new, global, online wholesale outlet, selling products from all over the world to wherever their customers may be.
Global Trade accounted for 54% to 60% of all worldwide sales in the last few years. We would like to help you find the first key steps to increasing your company’s global trade.
The first step toward improving your global trade is to find global key sources and suppliers. It is becoming apparent that companies are reducing their overall reliance on China, which currently has about 28% of global manufacturing. This is creating new and incredible opportunities away from China.
The concept of community group buying (CGB) started in Changsha in 2016, when several local supermarkets explored selling daily necessities online. Neighbors of the same residential unit could participate together to make a big order, and the supermarkets would deliver the orders at once in a few days.
“The next Bill Gates will be someone who starts programming as a toddler.”
“In the future, illiteracy means not knowing how to code.”
Recently, many education companies in China offer programming lessons for kids from 4 years old. Such lessons consist in using toy blocks to construct required shapes and interacting with robots. A 40-minute lesson costs about $15, while a full training course usually contains more than 40 lessons.
In 2008, Li Zhong suspected that his wife, Kang Cuicui, was cheating on him. They had a fight and Kang ran away. She went to a hotel and drank paraquat, an acute toxic herbicide without antidote. Her family was outraged, and Li’s parents had to spend over $15,000 to bury her properly in the family tombs. On November 14, 2020, when they went to clean the tombs, Li found out that Kang’s tomb had recently been dug up and buried again. They called the police and opened the coffin, only to find nothing inside but a big red carrot.
Dozens of vendors from around the world have been rushing to create storefronts on the new global wholesale outlet Shop the Globe. They sell products from the United States, Ghana, Australia, Hong Kong and France just to name a few.
Now hundreds of brand name American Products are available at prices that will astound you. Buyers can find brand names such as 5-Hour energy, Baby Ruth, Advil, Chips Ahoy and Claritin just to name a few.
The Covid pandemic has greatly reduced social interactions in the real world, which becomes a big opportunity for online dating apps. They not only survived but thrived during this difficult time. However, you never know who is on the other side of the phone. In China, internet fraud is living its life this year.
US Secretary of State Mike Pompeo warned business leaders that the United States will treat Hong Kong like other cities in mainland China. Hong Kong Chief Executive Carrie Lam jumped out to argue that Hong Kong’s status as a global trade and financial center will not change.
Global Value Chain or sometimes referred to as Global Supply Chain (GVCs) are possibly the world’s strongest drivers of productivity growth, job creation, and increased living standards for both countries and companies.
- GVCs make a significant contribution in international growth and development. Value-added global trade contributed about 30% to the GDP of developing countries.
- GVCs are coordinated across geographies.
- Companies and countries that embrace them have proven to grow faster, import skills capital and technology, and boost employment.
- A Global Value Chain has proven to sell products and do marketing on a low cost digital marketing globally.
- With GVC-driven development, countries over time generate growth by moving to higher-value-added tasks and by embedding more technology and know-how in all aspects of their business helping to leap-frog their global competitors.
“Every morning when I get on the subway, I feel like a pig on a slaughterhouse truck, waiting to be sacrificed.” Hu Yun spends over three hours each day on commute. In Beijing, she’s far from alone.
According to a report by Alipay, Beijing is the earliest city in China to wake up. Millions of people have to get up at 5 am when it’s still dark outside, rushing into the center of Beijing and then coming back at night. It’s Beijing’s tide. The average commute there surpasses half a marathon. “Just getting to the company already takes away all my energy. What is spare time? When I get home I only want to lie down because it’s almost midnight.”
Last month, in a widely-reported survey, nearly 700 small to enterprise-level brands gave their thoughts on the future of wholesale. The survey found that 80% of brand executives surveyed do not have a negative outlook on the future of wholesale, and in fact, 90% plan to continue investing in the wholesale side of their businesses.
On December 4, Beijing Daily, the official newspaper of the Chinese Communist Party Beijing Municipal Committee, posted on Weibo an article titled “The Young Generation that Got Stuck in Huabei.” According to a study, there are 175 million people born between 1990 and 1999 in China, the so-called “post-90s.” Only 13.4% of them claim that they avoid any debt, while 86.6% have tried credit products, the most popular ones being Huabei and Jiebei, two credit services offered by Ant Group.
Manufacturing Buyer is changing
The world markets for manufacturers and online eCommerce has and is radically changing. Where today’s buyers of manufactured goods are rapidly adopting the newer approaches, they are adopting a much faster and more effective shopping path for manufactured goods, especially in developing counties.
Getting in one last bit of work before the long weekend, the US Census Bureau released its Monthly Advance Economic Indicators Report for October on the day before Thanksgiving. Advance wholesale inventories were up for the month of October, by 0.9%. The August to September percentage change was revised from up, 0.4% to up 0.7%.
Hong Kong activist Joshua Wong pleaded guilty to inciting and staging illegal demonstrations in the Special Administrative Region, and risks up to five years in prison. The activist was remanded in custody on Monday after the first court hearing in his case, related to his involvement in pro-democracy protests in Hong Kong last year.
Late last month, sports equipment company Under Armour announced it was cutting ties with some 2,000 retailers over the next two years. In doing so, Under Armour would focus on building up its direct-to-consumer business. Promo Marketing reported a more than 50% growth in Under Armour’s e-commerce business during the third quarter, with a 17% increase in direct-to-consumer sales.
Gone are the days when we used to book flights and buy tickets without thinking about travel bans and restrictions. Unfortunately, everything has changed in the past few months – be it businesses, the education sector, or travel. The travel and tourism sector has massively suffered during the crisis. Not only airlines but almost all major tourist attractions and cruise lines have also been shut down during the pandemic.
The Five Eyes alliance, comprising of the US, UK, Canada, New Zealand, and Australia, issued a joint statement on Wednesday, in which they expressed their “grave concern” over the autocratic actions of China against Hong Kong. The statement was issued through their respective foreign ministers.
After the Hong Kong government canceled the qualifications of four pro-democracy legislators last week, the Foreign Ministers of the “Five Eyes Alliance” issued a statement on Wednesday, expressing concerns about China’s practices. They called on the Chinese government to stop destroying the rights and freedoms of Hong Kong people.
Founded in 2015, Pinduoduo is without doubt the fastest growing tech company in the world. In merely five years, it has become the strongest rival of Alibaba Group in China. Huang Zheng, the founder, is now the 4th richest man in China, 24th in the world. Together with other Chinese tech giants like Alibaba, Tencent and ByteDance, they have become the dream destination for most Chinese coders. Recently, a bathroom problem might make jobseekers think twice before applying to Pinduoduo.
“You know that Michelle from Africa? First Lady, her wig was made in our village.” Although someone reminded her that Michelle is an American, Zhou doesn’t think there is a difference. All that matters is that the most famous black female in the world wears a wig from Xuchang. Right now, however, the wig industry in Xuchang is having a hard time.
The rumors started at around 8:50 pm. On November 3, first Shanghai Stock Exchange announced the halt of Ant Group’s IPO on November 5, then HK Exchanges and Clearing and Ant Group published the same announcement. In less than one hour, the originally planed world’s largest IPO died on the vine. At $34.5 billion, it could have broken the record set by Saudi Aramco’s $29.4 billion IPO last year. It’s worth noting that the current second largest IPO was set by Alibaba at $25.0 billion. Both Ant Group and Alibaba were founded by Jack Ma, the richest man in China.
Necessity is often the mother of investment. The Great Lockdown, itself made necessary by the coronavirus pandemic, has caused the disruption of many sectors of the economy, a tidal wave of business closings, and even the collapse of entire industries. However, as is often the case in economic downturns, it’s not all bad news.
Seven members of the pro-democracy opposition in Hong Kong were arrested today for being involved in the clashes in May in the parliament of the Chinese special administrative region, the police announced. “All arrestees are being detained for further inquires. The operation is under way and further arrests may be made,” the police said.
Beijing. Back from work, parking the car. Even the underground parking lot has a chandelier, shedding light on the luxury cars around. Their owners might be executives at different industries. To get to the elevator, people will pass the four-season entrance hall, with tropical plants and a fountain in the middle. The house will be designed in the popular modern Chinese decoration style, outside of whose windows the lake nearby becomes a favorite for birds…
The four Hong Kong activists who sought protection at the U.S. consulate had previously contacted the diplomatic service, according to a British-based organization that helped several young Hong Kong people go to the US consulate.
On Thursday, Starbucks announced the company’s fourth quarter financial report. Starbucks’ fourth-quarter revenue was $6.203 billion, a decrease of 8.1% from last year. Among them, revenue in the Americas was $4.233 billion, a decrease of 9% from last year. International revenue was $1.492 billion, a decrease of 5%.
Foxconn never lacks for a labor force. For Foxconn, if they can’t get enough workers for $3.57/h, the easiest solution is to make it $3.72/h. During this past September, right before the launch of the iPhone 12, over 1,000 new workers joined Foxconn Zhengzhou every day, at $4.62/h. Among them, some are the 2000s. This generation is already a growing labor force. According to a government report, over 40 million 00s entered the labor market right after high school.
On Wednesday, the U.S. Census Bureau released a preliminary report on data pertaining to wholesale inventory for the month of September. Wholesale inventory in the United States was shown to have decreased by 0.1% in September. This is compared to a 0.3% increase in August, which itself was revised from 0.4%.
In 1996, Zhang Guimei applied to transfer herself to teach at a school in a remote village, Huaping, after her husband passed away of cancer. One year later, she was diagnosed with uterine fibroids. Seeing the conditions in which local female students were living, she decided to dedicate the rest of her life to help these girls to “fly out of the mountains and never come back.” In 2008, after years of extreme hard work and with the help of local government, Huaping Female High School (HFHS) was founded, the first free female high school in China.
On October 17, Zhou Zhennan, leader of a popular Chinese idol boy band R1SE, posted “I really don’t know how to go on” on Weibo, where he has over 18 million followers. In the comments, he added “please stop calling and texting my parents, my family is my limit.” The post trended and people assumed it’s about “Sisheng,” fans who interfere with celebrities’ personal lives, which has been bothering many celebrities in China.
Yesterday, Ant Group’s Hong Kong IPO has been approved by the Hong Kong Stock Exchange, and the public offering has entered a countdown stage. The data shows that due to the enthusiasm of global investors, Ant’s IPO plan in Hong Kong stocks has pushed the demand for Hong Kong dollars to historical highs.
The South China Morning Post reported that Cathay Pacific will lay off 6,000 employees and end its Cathay Dragon brand as part of a strategic assessment to deal with the unprecedented damage caused by the new coronavirus pandemic. The SCMP said the Hong Kong airline is expected to officially announce the plan after the close on Wednesday.