Social e-commerce has risen in the United States, and TikTok Black Five has snapped up hundreds of millions of dollars. The sales of social e-commerce in the United States have seen strong growth in this shopping season. With the influx of American consumers into the social e-commerce platform represented by TikTok, the market predicts that the number of American social e-commerce buyers will exceed 100 million this year and bring in more than 70 billion US dollars in sales. Emarketer, a research institute, recently estimated that the sales of social e-commerce in the United States will increase by 26% to 71.6 billion dollars in 2024. According to the company, most social e-commerce sales come from low-priced goods, and emerging platforms such as TikTok have become the main force. Since TikTok Shop was launched in the United States last September, it has become the biggest contributor to the sales growth of social e-commerce. According to the data released by TikTok, on the day of this year's "Black Friday" shopping festival, the single-day sales of TikTok stores exceeded 100 million US dollars, three times that of the same period last year. According to the company, the number of shoppers attracted by TikTok stores during Black Friday and Cyber Monday increased by 165% year-on-year. (CBN)Social e-commerce has risen in the United States, and TikTok Black Five has snapped up hundreds of millions of dollars. The sales of social e-commerce in the United States have seen strong growth in this shopping season. With the influx of American consumers into the social e-commerce platform represented by TikTok, the market predicts that the number of American social e-commerce buyers will exceed 100 million this year and bring in more than 70 billion US dollars in sales. Emarketer, a research institute, recently estimated that the sales of social e-commerce in the United States will increase by 26% to 71.6 billion dollars in 2024. According to the company, most social e-commerce sales come from low-priced goods, and emerging platforms such as TikTok have become the main force. Since TikTok Shop was launched in the United States last September, it has become the biggest contributor to the sales growth of social e-commerce. According to the data released by TikTok, on the day of this year's "Black Friday" shopping festival, the single-day sales of TikTok stores exceeded 100 million US dollars, three times that of the same period last year. According to the company, the number of shoppers attracted by TikTok stores during Black Friday and Cyber Monday increased by 165% year-on-year. (CBN)Spanish Foreign Minister: There is no need to take additional measures for asylum applications, because Spain has fewer asylum applications than other EU countries.
Pakistan sold 7,909 cars in November.Commerzbank: It is predicted that by the end of 2025, the copper price will rise to $9,700 per ton.Shaanxi Construction Co., Ltd.: The company and its subsidiaries won the bid for 7 projects of over 500 million yuan. Shaanxi Construction Co., Ltd. announced that in November 2024, the company and its subsidiaries won the bid for a number of major projects, of which 7 projects won the bid for more than 500 million yuan.
Market News: Pope Francis will meet with Palestinian President Abbas at the Vatican on Thursday.Minde Electronics: The bid for the 4.9180% equity of Zhejiang Guangxin Microelectronics reached a transaction price of 35.5 million yuan. Minde Electronics announced that the company received a notice from Lishui Lianhe Property Rights Trading Co., Ltd. on December 10, 2024 and was confirmed as the transferee of the "4.9180% equity transfer project of Zhejiang Guangxin Microelectronics Co., Ltd. held by Lishui Green Industry Development Fund Co., Ltd.", with a transaction price of 35.5 million yuan. The company will handle matters such as contract signing and payment according to the process of trading institutions.Korean Financial Supervisory Authority: Foreign investors sold Korean stocks for four consecutive months. According to the information of Foreign Securities Investment Trends in November released by the Korean Financial Supervisory Authority on December 10, foreign investors sold 4.154 trillion won in the Korean securities market last month, and sold Korean stocks for four consecutive months. According to the data, foreign investors sold 4.237 trillion won in the securities market and bought 83 billion won in the KOSDAQ market. From the perspective of countries (regions), the net sales in the United States (1.6 trillion won), Europe (900 billion won) and Asia (500 billion won) are relatively large.