James Song, CEO of Lazada Thailand and Vietnam, mentioned COVID-19 waves have caused main changes in customers’ behaviour and shaped new trends. The largest digital retail chain in China, also expands to sell moms and babies merchandise and different classes. This platform focuses on selling electronics, house home equipment, and different tech products. It additionally has a robust offline presence with physical stores in many Chinese cities. After the victory of Pinduoduo in China market, the social purchasing site create a new international model Temu.com, which is somewhat similar to Groupon but with a new way of buying and social media advertising.
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More of us had the urge to browse in individual than we did in the scary first months of Covid in the U.S. Climbing costs and shortages modified what individuals bought and the place they shopped. And one yr doesn’t alter the long-term trend that online buying is grabbing extra of Americans’ wallets. In the digital marketplace, fraudulent practices have gotten increasingly common. Buyers need to be cautious of offers that seem too good to be true and shield their private data. It is important to buy from trusted web sites, search for encryption and security indicators, use safe fee strategies, and monitor bank statements.