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Instagram is shutting down its livestream shopping business: The move is the latest sign of US shoppers' disinterest in livestream commerce.

WeChat has 820 million users in China, per our forecast. It combines the features of apps like Facebook, Twitter, Uber, Instagram, and Substack into one integrated service. WeChat's mini-program economy was estimated last year to be valued at $240 billion, with 450 million users transacting through the program. Musk has claimed that developing an app similar to WeChat outside of China is possible.

China鈥檚 influence will shake up online shopping: Temu, TikTok Shop, and Shein have captured a critical mass of consumer attention. Using innovative shopping experiences that are app-based, entertaining, and highly deal-driven, these ecommerce players with Chinese roots are gaining ground on legacy retailers. To respond, established retailers will have to prove their value to consumers.

Companies like Apple will likely be forced to diversify production outside of China, which will take time and result in revenue disruption. We鈥檒l likely see another year without swashbuckling innovative endeavors鈥攚ith AI a notable exception鈥攁s companies stick to tried-and-true revenue generators and abandon money pits.

One posting lists the mission of the ecommerce global supply chain and logistics team as 鈥渢o optimize the variety and cost-saving of goods and the speed and quality of fulfillment to ensure the user experience of global ecommerce 蝉别谤惫颈肠别.鈥�.

Apple鈥檚 manufacturing shift from China: The iPhone maker is looking to India and Vietnam to manufacture its most profitable products鈥攁 sign that Apple鈥檚 long time reliance on China鈥檚 manufacturing could be coming to an end.

But like other China-based retailers, Pinduoduo is contending with softening demand from domestic consumers as Beijing鈥檚 zero-COVID measures鈥攁nd now growing protests against those measures鈥攄epress spending. That鈥檚 why Pinduoduo is shifting gears to focus on cross-border sales with Temu, its discount ecommerce platform, as it tries to capitalize on US 蝉丑辞辫辫别谤蝉鈥� price sensitivity.

How ecommerce powers Amazon鈥檚 success in 5 charts. New Chinese retailers have several advantages that their predecessors lacked in the US. Grocery, in-store, and international: Where Amazon isn鈥檛 on top. US Cross-Border Buyers Forecast 2023 (Insider Intelligence subscription required).

Starbucks鈥� reinvention plan leans on China for growth: The company ignores the threat of lockdowns as it pursues aggressive international expansion.

TikTok parent Bytedance has a strong track record of ecommerce success with Douyin, TikTok鈥檚 sister app, in China; over 10 billion items were sold on the platform in the fiscal year that ended April 2022 and gross merchandise value increased 320% year-over-year (YoY) in the same period, the company said.

Amazon鈥檚 bread and butter: The launch comes only a few months after reports that the company was scaling back its ecommerce ambitions in India as part of CEO Andy Jassy鈥檚 cost-cutting initiatives. That stemmed from its decision to pull back on initiatives such as meal deliveries as it focused on its core competencies and revenue generators.

ByteDance is dead set on building up TikTok Shop in the US: Its aggressive moves to build a robust shopping service could lead to a $500 million loss this year.

The context: Shein has a dominant (40%) share of the US fast-fashion market thanks to its vast assortment of low-priced apparel that appeals to Gen Z and millennial shoppers, per Bloomberg. Despite its success, the company has significant challenges.

Many US companies are cutting their investments in China: The country鈥檚 COVID-related lockdowns have led many retailers and brands to shift manufacturing elsewhere to avoid disruptions.

Though shutdowns in China will continue to impact the supply chain, the high consumer demand for Tesla may just pull it through. This was originally featured in in the Retail By the Numbers newsletter. For more retail insights, statistics, and trends, subscribe here.

. $5.8 billion in revenues during the second quarter came from outside China, with the majority coming from TikTok. Despite TikTok鈥檚 popularity and influence in the US, ByteDance gets the majority of its revenues from China, where it operates another short-form video app named Douyin.

Lemon8 makes a splash in US as lawmakers mull TikTok ban: New app quickly gains followers, but Chinese ownership could raise concern.

This article originally appeared in Insider Intelligence's Retail & Ecommerce Briefing鈥攁 daily recap of top stories reshaping the retail industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily. Are you a client? Click here to subscribe. Want to learn more about how you can benefit from our expert analysis? Click here.

Few US merchants are selling goods on TikTok Shop: Many are reluctant to invest time and resources in the platform given the widespread speculation that it will be banned or sold.