

Helium 10 Buzz 12/12/24: Chinese Sellers Struggling? | TikTok Shop, Amazon New Countries
9 snips Dec 12, 2024
Chinese sellers are facing tough times on Amazon and Temu, especially during Black Friday, with rising competition squeezing profits. TikTok Shop is making waves by launching in Spain and Ireland. Amazon is set to expand into new markets and roll out a feature that lets sellers create discounts while protecting their pricing. There's buzz about companies flexing tariff loopholes to gain an edge. Plus, tools like TikTok Shop's profitability calculator are now available to help sellers optimize their operations and data analysis.
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Chinese Sellers Struggle
- Chinese sellers on Temu and Amazon face profit challenges due to fierce competition and pricing pressures.
- This suggests a potential leveling of the playing field for sellers from other regions.
TikTok Shop Expansion
- TikTok Shop expands its reach to Spain and Ireland, broadening its European presence.
- Despite a potential US ban, TikTok's shopping sales tripled in the US on Black Friday.
Amazon Ireland Launch
- Amazon is launching in Ireland (amazon.ie) in 2025.
- Businesses in Ireland can register their seller accounts now.