In recent years, there have been many sources of news that have confirmed that Apple has started a car project internally, but it has not been fully implemented. Recently, there have been many rumors that Apple will cooperate with Hyundai’s Kia Motors.
Category: South Korea Wholesale & B2B
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WTO — Nigeria’s Okonjo-Iweala Set to be the First Woman to Lead
Nigeria’s Ngozi Okonjo-Iweala is all set to be the new director-general of the World Trade Organization (WTO). This is after she received the support of the United States, which had initially thrown it’s support behind the South Korean candidate who however finally officially withdrew her candidature on Friday.
Another Korean Powerhouse Bankrupt – The Search For SsangYong Spares
The story of Ssangyong dates back to 1954, roughly 66 years ago. The company is the fourth largest South-Korean based manufacturer. In 2011, an Indian based company called Mahindra & Mahindra acquired seventy per cent shareholdings in Ssangyong.
Prior to the acquisition, when the company was in its infancy, it was split into two separate companies. The first being, Ha Dong-hwan Motor workshop and the second Dongbang Motor co. These two companies merged in 1963 to form Ha Dong-hwan Motor co.
Buy Bulk Candy on Shop The Globe and Sell eBay or even Amazon – A Sweet Deal
For the past month, Shop The Globe has demonstrated how our site— your new global online wholesale marketplace— beats eBay at providing the popular, name brand products you want at prices you can’t afford to pass up. Thanks to our new vendor, Wholesale B2B, Shop the Globe can enable you to sell these in-demand American products in your shops.
Mask Up Direct from Manufacturers at Shop The Globe
The benefits of buying direct from manufacturers are well known, and Shop The Globe has made it easier than ever. Shop The Globe offers all the benefits of direct-from-manufacturer shopping, bringing you the items you want at a low price, with more control over the sales process, and a more personal connection between consumer and manufacturer.
North Korea — Kim Vows to Strengthen Nuclear Arsenal
North Korea’s leader, Kim Jong Un, has vowed to “reinforce” the nuclear arsenal of his country. The dictator spoke during his closing speech of the congress of the ruling Workers’ Party of Korea (WPK), as reported by the nation’s state-run Korean Central News Agency (KCNA) on Wednesday.
Shop The Globe Prices Beat eBay on Hygiene Products
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.
South Korean Diplomats in Iran to Negotiate Ship Seizure, Frozen Funds
A South Korean diplomatic delegation has arrived in Iran to discuss the release of a tanker seized by Iranian authorities in the Persian Gulf. According to the formal communique released by Iran, the vessel violated environmental pollution regulations. The crew has, however, denied the claim.
Buy Direct from Manufacturers at Shop the Globe and Save
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.
Shop The Globe Beats eBay — Save on Bulk Candy
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.
Esources UK Wholesale Suppliers vs Shop The Globe and Searches – Which B2B Wholesale Website Provides You With a Better Service?
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.
Buy Direct from Manufacturers Globally at Shop the Globe
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.
Wholesale Central Directory Listing vs Shop The Globe and Searches – Which Website Provides You With a Better Service?
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.
Shop The Globe Offers New, Brand Name Products for the New Year
Shop The Globe, your new, online global wholesaler, understands the value and demand of name brand products. The name and logo on the package conveys a sense of distinctiveness from competing products and cultivates brand loyalty— and increasing, dependable demand with it.
Linking to a Global Value Chain – How to Build a More Efficient Sales Process
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.
Shop the Globe Offers Name Brand Products at Wholesale Prices
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.
South Korea Bans Balloons to the North
South Korea has announced a new law prohibiting its citizens from sending anti-regime material to North Korea. According to the advisory, ignoring the ban will lead to a $27,000 fine or 3 years in jail. The latest announcement comes amid tensions between Pyongyang and Seoul sparked by human rights activists.
Three Ways to Help Your Business Global Value Chain
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.
Shop the Globe Now Sells Wholesale Brand Names at Incredibly Low Prices
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.
Why Are Global Value Chains So Important?
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.
Brands Remain Committed to Wholesale Despite Problems
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.
The Simplest Way for Manufacturers to Buy and Sell Online Worldwide
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.
Census Continues to Provide Promising News for U.S. Wholesalers
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%.
More Vendors Prompt Sweeping Changes to Retail Environment
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.
Wang to Visit Japan, South Korea Next Week
The Chinese Ministry of Foreign Affairs announced on Friday that, at the invitation of Japanese Foreign Minister Toshimitsu Motegi and South Korean Foreign Minister Kang Kyungwa, Chinese Foreign Minister Wang Yi will pay an official visit to Japan and South Korea from November 24 to 27.
Asia Forms World’s Largest Trading Bloc, Boris Enters Isolation
On Sunday, the Regional Comprehensive Economic Partnership (RCEP) was officially signed during the Association of Southeast Asian Nations (ASEAN) meeting. After eight years of negotiations, the free trade zone with the largest population, the most diverse membership structure, and the greatest development potential in the world was born.
China- 14 Countries in Asia and Pacific Sign World’s Biggest Trade Agreement
China and 14 countries in Asia and the Pacific have signed the world’s largest trade agreement. A treaty that declares war on Europe and the United States. It is the world’s largest free trade agreement, accounting for one-third of the world’s gross domestic product.
ASEAN Summit — RCEP Expected to be Signed Sunday
The 37th ASEAN Summit opened on Thursday, and the meeting was held through video. In addition to the immediate new coronavirus epidemic, the fifteen member states are also expected to sign the Regional Comprehensive Economic Partnership Agreement (RCEP) on Sunday to revive the economy hit by the epidemic.
Big News in the Wholesale PPE Market
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.
Census Offers More Promising News for US Wholesalers
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%.
A Light at the End of the Tunnel for US Wholesale?
The Associated Press reported last week that US wholesale prices jumped 0.4% in September, continuing a three-month trend. This is in contrast to a Reuters report, also from last week, which showed a 0.8% drop in Japanese wholesale prices over the same month.
DOJ Hits Google with Antitrust Suit
According to reports, the US Department of Justice filed its long-awaited antitrust lawsuit against Google, and it could take a judge to spin the market-value of the search and advertisement giant worth $1 trillion. The big economies worldwide seem to be starting to take steps against Google, and the United States alone is not the problem.
Japan’s Wholesale Market Shrinks – A Global Solution on the Horizon?
Earlier this week, Reuters reported that Japanese wholesale prices fell by 0.8% in September, marking the seventh consecutive month of year-on-year declines. Prices also declined by 0.2% as compared to August, the first on-month decline in Japan in four months. Their data was courtesy of the Bank of Japan (BOJ).
Can India Accelerate Its Future Growth Utilizing Global Value Chains?
India’s GDP has just dropped by a whopping 24% in the last quarter, one of the biggest drops globally. The core reason for this significant decline was that India had one of the strictest COVID 19 economic lockdowns in the world.
This greatly and negatively affected the livelihoods of millions of Indians. So what can Indians do to repair their economy and increase lost incomes for their millions of citizens? A study has shown almost all countries need to grow and establish new Global Value Chains (GVC). Almost nothing has been proven better to raise incomes and reduce poverty, while requiring very little government involvement or costs.
A New Opportunity for Skin Care Wholesalers
Many industries and sectors across the global economy have greatly suffered as a result of the coronavirus pandemic and the associated recession caused by the Great Lockdown. Demand for some goods and services has simply collapsed, while in other areas, the means of distributing them to retailers or consumers has been severed or greatly disrupted.
Indonesia Exports Need a Value Chain Push
Indonesia is the largest economy in Southeast Asia, both in terms of population (267 million people) and economic size with a GDP of $1.12 Trillion.
Can this archipelago’s future economic growth match demographic youthful transition for the next few years with an average age of their citizens at 30.5 years? Studies have shown and Indonesia needs to expand their global value chain, as it has been proven to raise incomes and reduce poverty.
A New Solution for Wholesalers in the Pandemic Economy
The coronavirus pandemic, and the associated Great Lockdown designed to contain it, have wreaked havoc on the global economy throughout 2020. The global wholesale market is no exception. Forecasters believe this typically robust market will experience an industry-wide decline over the course of the year.
North Korea asks South Korea to Halt “Intrusions”
North Korea has warned the South Korean government against inflaming tensions by sending a flotilla of navy vessels on a search mission for a man who was reportedly spotted by North Korean naval forces. According to a statement issued by North Korea’s state news agency, KCNA, Seoul should stop the activities immediately.
Hyundai Unveiled the Future Electric Vehicle
The Korean automaker has unveiled what the interior of the futuristic Ioniq electric cars will look like. Hyundai in partnership with LG has developed the interior design of the future. LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea.
A New Global Wholesale Option for Buyers and Sellers is Here
Shop The Globe is a fast growing online wholesale option and we believe that if you’re a buyer or seller you need to start reviewing these very unique options for products. This is truly a better global wholesale platform.
Shop The Globe is already providing unique options on a truly global platform with interests from the countries of Vanuatu, Australia, Thailand and of course many here in America.
Xi Jinping and Yoshihide Suga Establish Talk
Japan’s new Prime Minister Yoshihide Suga spoke for the first time with Chinese President Xi Jinping on Friday. The leaders of the two countries agreed to “closely cooperate” on bilateral and international issues but did not discuss Xi Jinping’s plan for a state visit to Japan.
Kim Jong Un Apologizes for Killing of South Korean Man
A “disgraceful affair” that should not have happened is how North Korea’s leader, Kim Jong-un, has described the killing of a 47-year-old South Korean man in North Korean waters. In a letter to South Korean President Moon Jae-in, Kim Jong-un said that he is “very sorry” to have “disappointed” Moon and the South Korean people in general.
RangeMe – A Great Way to Connect? Or Buyer Beware?
RangeMe is a service that specializes in helping connect wholesalers to buyers. They offer their services with two different perspectives: sServices for the buyers, and services for the wholesalers.
Buyers are of course offered accounts for free. It’s a great way to browse products and find connections to new providers you may not have had dealings with before, all at your fingertips. The wholesaler side of the business is a bit darker though.
Global Manufacturing Storefront – Does Your Company Need One?
We are seeing a massive migration to the internet for our business needs. This has been one of the largest business migrations the world has ever seen, but many small manufacturing companies have not even updated their websites in years, not to mention expanded and leveraged a more efficient online capability.
Is it now time for small manufacturing to enter the world markets?
Does Every Wholesale Company Need a Global Storefront?
The internet and business landscape are changing at rates not seen before. With this incredible change occurring right in front of us, why hasn’t the online wholesale industry adapted and become more efficient? Instead, there seems to be very little change and increased efficiency over many years.
For example: We believe each wholesale company today should have their own global storefront.
One Stop Online Wholesale Shopping Soon Worldwide
Is the global free markets wholesale business the most inefficient market in the world?
With the exposition of the internet and online retail business, has the wholesale market kept up with its peers?
Not only has the wholesale market not kept up, but the industry’s failure to keep pace with Amazon is a key reason why Amazon has been so successful and the wholesale industry has done very poorly. Amazon reached out to the Chinese wholesale industry directly with many seminars in China, and Amazon even started their own shipping business to move goods from China to the US and then directly into their prime marketplace.
Online Global Wholesale that is Open to list Your Products
As a wholesaler, you can increase sales and global awareness if you know how to find the right platform.
There are three basic ways to sell your product:
- Sell directly to customers via your website.
- Sell to retail stores, which then sell to customers.
- Post at a wholesale distributor, which sells to retail stores.
In our small business we are involved with all three, but I would like to introduce you to wholesaling online, a newer global concept.
Real or Fake? DPRK Insists Kim Alive & Well
As per photos and news reported today by the official state Korean Central News Agency (KCNA), North Korean leader Kim Jong Un has publicly re-appeared, hence dispelling recent rumors that he is very sick and in a coma. Kim was shown in photos chairing a meeting of the ruling Workers’ Party of Korea (WPK).
Buy Wholesale Online for Your Retail Business
Buying wholesale online products and selling them at retail prices can be the foundation of a solid and vibrant business. The concept is very simple: find an outstanding product, one that hopefully is unique to your business, purchased at a low price. Then sell it at a higher price, and repeat.
Is Kim Jong-Un Dead (or in a Coma), Again?
North Korean dictator Kim Jong-un is rumored to be seriously ill, and is in a coma, according to a South Korean diplomat. The official, Chang Song-min, is well known in the Korean diplomatic circles, and he previously served as a personal assistant to the late South Korean President, Kim Dae-jung.
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