The SPAC initiated by Li Ning applied to the Hong Kong stock exchange for listing

Unpacking Japanese E-commerce：The Overlooked 120 Million Consumers

Japan is a demanding but high-value market. Chinese sellers are growing fast, yet success requires more than low prices—clear manuals, strong quality, 24/7 service, and trust. Consumption is polarizing, and aging buyers remain active. Long-term branding and localization are key.

SHEIN Reportedly Targets US$26–27 Billion Valuation in Hong Kong IPO

SHEIN (希音), the China-founded global fashion and lifestyle retailer, is reportedly seeking a valuation of US$26 billion to US$27 billion in a planned Hong Kong initial public offering, a sharp reduction from the US$98.2 billion private-market valuation disclosed for its 2022 fundraising round.

TikTok Shop’s US Online-Spending Share Reaches 2%, Consumer Edge Data Show

TikTok Shop accounted for about 2% of US online retail spending in July, exceeding the estimated online spending captured by Target, Costco and Home Depot, according to Consumer Edge transaction data cited by Chinese e-commerce outlet Ebrun.

Blokees’ Overseas Revenue Surges 228.5% as Building Toys Gain Global Traction

Chinese building-toy company Blokees (布鲁可) reported on Aug. 12 that its overseas revenue reached CNY 366 million in the first half of 2026, up 228.5% year on year, as the company expanded its distribution and licensed-IP product portfolio across the Americas and Southeast Asia.

Temu Expands Slovenian Seller Network as EU Tightens Cross-Border E-Commerce Rules

Temu（拼多多海外电商平台）, the cross-border marketplace backed by PDD Holdings（拼多多控股）, is expanding its local-seller and logistics footprint in Slovenia, positioning itself for a European market where low-value imports face new customs costs and online marketplaces face tougher accountability rules.