Shopify's cooperation with TikTok has expanded to 14 countries around the world, and China has once again become India's largest trading partner

Shopify announces 1.18 million shares public offering

Shopify said its previously announced public offering of 1.18 million Class A shares was priced at $1,315 per share, down from Monday's closing price of $1,381.30. The total proceeds from the offering are expected to be $1.5517 billion.

Shopify said it will use the net proceeds from the offering, which is expected to close on or about February 25, 2021, to strengthen its balance sheet and provide funding flexibility for its growth strategy.

France is emerging from a "historical economic cold wave"

Data recently released by the French National Institute of Statistics and Economic Studies ( INSEE) showed that France's economy shrank by 8.3% in 2020, better than the government's previous forecast of a 11% contraction.

This data is not only a positive result of the French government's quick action and strong rescue under the impact of the COVID-19 epidemic, but also an optimistic signal that the French economy is recovering. Although the COVID-19 epidemic in France has not yet been fully brought under control, it is undeniable that France is emerging from the "historical economic cold wave" and entering the recovery lane.

AliExpress issued a notice on the resumption of bidding for the "Cross-border Ten-Day Delivery" plan

AliExpress stated that the "Cross-border 10-Day Delivery" plan will gradually resume the transparent transmission of the "10-Day Delivery" logo for registered products that meet the requirements on the consumer side in Spain, France, the Netherlands and Belgium starting from February 23, 2021, Pacific Time.

At the same time, for transaction orders that meet the requirements of the "Cross-border Ten-Day Delivery" plan and whose sellers are registered in China and shipped from China , the 72-hour online rate assessment will be resumed from 0:00:00 on February 21, 2021, Beijing time.

Shopify's partnership with TikTok has expanded to 14 countries around the world

Since Shopify and the overseas version of TikTok first reached a cooperation in the US market in October last year, their cooperation has expanded to 14 countries and regions including Canada, the United Kingdom, Germany, Italy, Australia, and Indonesia.

The partnership aims to help sellers create online shopping ads targeting TikTok users around the world . According to a survey by market research firm Kantar, 83% of consumers who use TikTok said that seeing popular content would arouse their desire to shop.

China has once again become India's largest trading partner and the source of its largest trade deficit

According to reports , China has regained its position as India's largest trading partner in 2020. According to provisional data from the Indian Ministry of Commerce, bilateral trade between China and India reached US$77.7 billion in 2020, with a trade deficit of nearly US$40 billion, becoming India's largest source of trade deficit.

Shopify

TikTok

USA