Big Global Ambitions: TikTok, Temu and Shein

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China has been “the world’s factory” for decades, with made-in-China goods reaching global consumers through foreign brands, shops, or sites like Amazon. And the country has had a vibrant domestic e-commerce sector, with companies like Alibaba and JD.com growing into juggernauts.

Now see how Chinese e-commerce platforms like Shein, Temu, and TikTok Shop are causing a stir and going global with big ambitions. 

阿里巴巴正在通過英語門戶實現其全球抱負

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Alibaba is fulfilling its global ambitions with an English-language portal (阿里巴巴正在通過英語門戶實現其全球抱負) on Tmall, one of the single largest online retailers in China’s $1 trillion e-commerce arena.

The e-commerce giant began offering an English-language portal on Tmall for the first tim to entice more merchants from around the world to sell to Chinese consumers. 

Alibaba is seeking new growth engines to offset a cooling economy at home as the trade war rages on, while fending off increasingly aggressive competitors locally and globally.

Read more about how Alibaba aims to double global brands with its new English site.

Today in Global Small Business: Whiskey Wars

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What's affecting me, my clients, my colleagues and other global small business owners:

• E-commerce platform Trouva has global ambitions.
• How Sloan's Ice-cream maintained brand and quality on an international scale.
• WEGG knows that women rule the world yet in Nigeria, an airline with women crew members owns the sky.
• Whiskey wars:  trade tariffs are causing a cautious brake on whiskey exports.
• Find out about what cloud computing is, how you can benefit from it and learn key growth lessons from more than 50 startup owners using cloud computing.  Join the WEGGinar™ 7/11 with IBM experts.  It's free of charge but you must register here. 
• Why SMEs need more business -- global business, that is.

Today in Global Small Business: Building a Global Community

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What's affecting me, my clients, my colleagues and other global small business owners:

• The challenges and successes to taking a business global (no charge webinar 3/8).
• A word or two, how about more like 6,000, on Facebook's global ambitions.
• Will President Trump's policies send Mexico's economy into a crisis?
• How to win with e-commerce shoppers in China.
• What's a "Digital Geneva Convention?"
• The art of negotiating deals abroad.

Happy 2015 Global Small Business Readers!

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"Wishing you a year filled with joy, peace, good health, prosperity and global ambitions." - Laurel Delaney, Founder, The Global Small Business Blog

Small Businesses Drive Exports

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According to The Telegraph, the World Bank and the International Monetary Fund are united in being positive about the British economy, confirming what folks in the UK, especially at The Federation of Small Businesses (FSB), have known for months.

The latest growth forecasts from the World Bank and International Monetary Fund (IMF) predicted brighter days for the global economy, with both reports reserving special mention for the UK’s performance.

Read the entire article:  Ensuring our small businesses realize their global ambitions is the best way to improve exports

Goes to show you that small businesses everywhere have an overwhelming desire to operate on a global level.

Volvo Global: Becoming a Competitive Brand in the World

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One (wo)man's distractions (Ford's) can be another (wo)man's global treasure (Volvo).

Read about how Ford's sale of Volvo to Zhejiang Geely Holding Group Co. could help the Chinese car maker further its global ambitions while allowing Ford to exit a money-losing business that was a distraction from its core operations.

Go here for the article.

Posted by: The Global Small Business Blog