E-commerce platforms worldwide, including Chinese-owned fast-fashion rivals Shein and Temu, are embracing a novel business model that offers merchants the advantages of selling their goods overseas at a lower cost and higher convenience. And mainland-based companies stand to benefit as the platforms come in search of reliable suppliers in China's manufacturing hubs.

https://www.caixinglobal.com/2023-08-08/e-commerce-giants-rush-to-roll-out-full-service-business-model-102091258.html

#caixinglobal