Key Points - Temu and SHEIN have seen significant growth in the European market, with Temu's sales in the EU increasing over 60% and SHEIN's growth around 50% [8] - TikTok Shop is undergoing restructuring in Indonesia, cutting its workforce from approximately 5000 to around 2500 employees as part of cost-cutting measures [5][7] - Alibaba's AliExpress is launching its overseas 618 shopping festival, which is expected to drive significant sales growth [9][11] - SHEIN has set a goal to achieve net-zero emissions by 2050, with interim targets for 2030 approved by the Science Based Targets initiative [12][15] - DJI has acquired land in Shenzhen for the construction of a global headquarters for its smart aviation system, with a total building area of 188,000 square meters [18][21] - Bubble Mart has paused sales of its Labubu series in the UK due to safety concerns, despite achieving 100% revenue growth in the US market [22][25] - Tencent Music has become the second-largest shareholder of South Korean entertainment company SM Entertainment, acquiring 14.8% of its shares [26][28] - Dongguan-based cross-border e-commerce company SainStore has officially listed on the New Third Board, reporting significant revenue growth over the past three years [29][30] - Amazon's CEO expressed optimism about the grocery market, reporting over $100 billion in sales from its grocery business last year [45][47] - India's economy has surpassed Japan's, making it the fourth-largest economy globally, with projections to become the third-largest within the next few years [36][38]