1. Chinese apps taking over the world? Shein and Temu have become the world’s most downloaded apps in 25 of the 50 largest countries by GDP. With both sitting at the No. 1 and 2 app store ranks in 10 countries, they have built a networking platform of millions of fans and customers. [ Learn more ]

2. 15,000 sellers driving major part of Amazon’s sales? Even with over a million sellers on amazon U.S., only 15,000 sellers are ruling in the marketplaces with hundreds of billions of dollars. This is a prime example of a power law distribution with the top 1% accounting for half the sales in 2022. [Learn more]

3. Walmart taking sustainable steps. Walmart, like Amazon is taking its steps for a more sustainable future, allowing shoppers to, among other options consolidate items. The shopping titan is now adopting more measures to reduce plastic waste, amount of cardboard used for shipping along with the emissions. [Learn more]

4. eBay’s collaboration with startups. In yet another move similar to Amazon, eBay is supporting startups through its 13-week program. This will empower little guys working on potentially groundbreaking innovative technologies resulting in a potentially brighter future for e-commerce. [Learn more]

BONUS! Check out some recent trends from EcomTrendFinder!

Thank you for sharing your day with us,

Isaiah Fritz, Joe White and the OSP Team

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