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Marketplace Shake-Up: Amazon Thrives, Catch Closes, Chinese Platforms to Stall

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Pattern Releases 2025 Australian Marketplace Consumer Report

MELBOURNE, Australia , Feb. 5, 2025 /PRNewswire/ — Australia’s marketplace sector is rapidly transforming, with Amazon strengthening its dominance, Wesfarmers closing Catch, and doubts growing around Temu and Shein, according to new research from ecommerce and marketplace accelerator, Pattern.

The findings, published in Pattern’s ‘2025 Marketplace Consumer Report‘, reveal that marketplaces are now an indispensable part of the online shopping ecosystem, with 94% of Australians purchasing from one in the past 12 months.

“Amazon’s increasing prominence in product discovery, its substantial Prime membership base, and the upcoming launch of the price-competitive platform called ‘Haul’ have solidified its position as Australia’s leading marketplace,” explains Merline McGregor, Managing Director for Pattern Australia. “Meanwhile, Catch has closed, Kogan and MyDeal are growing —although from smaller customer bases than the market’s frontrunners—and early enthusiasm for low-cost Chinese marketplaces appears to have peaked as they struggle to meet shopper expectations.”

Chinese marketplace growth to stall

New research indicates that high-profile Chinese marketplaces Temu and Shein risk losing shoppers in 2025. Although these platforms have rapidly captured market share, only 12% of consumers trust Temu for its product quality, leading to a predicted 7% drop in shoppers. Shein faces similar challenges, with trust levels at just 11%.

“Many Australians trialled Temu and Shein over the last eighteen months due to aggressive pricing and large marketing campaigns. Yet early adopters have found these marketplaces unreliable. Although they may still expand in the future, Temu and Shein face a significant challenge in legitimising themselves within the Australian market and delivering on the customer experience,” observed McGregor.

Alarmingly for the Chinese marketplaces, only 43% of shoppers would consider buying from Temu in 2025, and even this may hinge on improvements in quality and delivery. For Shein, expanding into categories like home and beauty is yet to offset concerns about its core offerings.

Amazon extends its lead

Amazon has cemented its position as Australia’s leading marketplace. The platform attracted 1.1 million new Australian users in 2024, bringing its total to 7.9 million shoppers, accounting for 10% of the country’s total online shopping spend1.

The outlook for Amazon is incredibly strong with a significant 63% of Australians planning to shop on the platform in 2025. Its appeal is particularly strong among younger shoppers (71% of those aged 18-24) and high-income households earning over $200,000 annually (78%).

“Amazon’s focus on fast delivery, quality products, and a seamless shopping experience sets it apart,” said McGregor. “While Chinese platforms have disrupted the market, Amazon’s trusted reputation and ability to adapt—such as the launch of its low-cost ‘Haul’ storefront—ensure it stays ahead.”

Consumers discover new products on marketplaces today 

Australian shoppers are also changing how they research and discover new products online, with traditional search giant, Google, experiencing a 7% decline in people using the platform for new product discovery.

At the same time, the share of consumers who begin their product research on Amazon has risen by 27% year on year, highlighting the platform’s growing impact on purchase decisions.

In 2024, 63% of shoppers bought a product that they had never purchased from Amazon before and 38% visited a brand’s website after discovering it on the platform.

“Online marketplaces play a pivotal role in how shoppers discover and evaluate new products,” said McGregor. “Their extensive variety, combined with transparent customer feedback empowers consumers to explore unfamiliar brands with greater confidence.”

What products will consumers buy from which marketplace in 2025?

Pattern’s research asked consumers what they were likely to buy in 2025 and through which marketplace, with the results indicating:

Amazon’s key shopper categories are Books & eBooks (37%), Electronics & Computer (24%) and Home & Kitchen (24%).eBay is competitive across a range of categories, including Electronics & Computer (20%), Books & eBooks (17%) and Clothing, Shoes & Accessories (16%).Temu attracts shoppers with Clothing, Shoes & Accessories (20%), Home & Kitchen (14%).Shein maintains its appeal in Clothing, Shoes & Accessories (19%), while its expansion beyond fashion drives growth in categories like Skincare & Make-up (7%) and Home & Kitchen (6%).Kogan remains strong in Electronics & Computer (11%) and Home & Kitchen (8%).My Deal gains consumer interest for Home & Kitchen (5%) and Clothing, Shoes & Accessories (5%).

“Marketplaces in Australia are set for strong growth in 2025, driven by the strong consumer pull toward convenience, competitive pricing, and rapid delivery. With 94% of Australians already shopping on these platforms, brands can’t afford to sit on the sideline. They must be present where consumers shop. To attract new customers and succeed in a competitive online shopping environment, brands need a dedicated marketplace strategy and to collaborate with specialists like Pattern to maximise their impact,” concluded McGregor.

For more information and to download the full report please click here: ‘2025 Marketplace Consumer Report

About Pattern Inc

Pattern is the category leader in global ecommerce and marketplace acceleration. It is the number one reseller on Amazon globally, selling over $3 billion of product each year into 60 countries. Since 2013, Pattern has profitably grown to over 2,000 employees operating from 24 global locations – including Melbourne, Sydney and the Gold Coast – to help leading brands achieve accelerated growth on D2C websites and global ecommerce marketplaces. Pattern is also present on Tmall, JD.com, eBay and other ecommerce marketplaces. We act as the authorised Amazon seller to more than 300 brands globally, buying their stock to sell on the marketplace and taking care of every aspect of their Amazon presence. For more information, visit https://au.pattern.com/

1 Roy Morgan. (August 2024). SHEIN and Temu Continue to Grow Strongly.

 

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SOURCE Pattern

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CHINAPLAS 2026 Media Day: Highlights from 8 Exhibitors

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SHANGHAI, April 24, 2026 /PRNewswire/ — On April 19–20, 2026, the global plastics and rubber industry’s top echelon gathered in Shanghai for the CHINAPLAS Media Day, co-hosted by Adsale Exhibition Services and CommNow China. As the definitive curtain-raiser to the main exhibition, this event brought together senior executives from eight industry titans. More than just a press conference, the session acted as a strategic barometer, revealing the high-tech roadmaps, sustainability breakthroughs, and “China-focused” priorities set to reshape the manufacturing landscape.

Evonik opened with a bold vision, “Shaping an Infinite Future,” unveiling material solutions for next-generation industries like NEVs, the low-altitude economy, and green hydrogen.

Chambroad Group showcased a sophisticated portfolio tailored for the rigorous demands of low-altitude economy, NEVs, medical technology, and specialized aviation, emphasizing the power of collaborative innovation in high-growth sectors.

Sustainability was the core theme for BASF, which presented its “Carbon Exploration Journey.” By focusing on the full lifecycle of materials in the footwear and textile industries, BASF proved that performance and environmental stewardship are now twin engines of value-chain growth.

On the machinery front, ENGEL Group addressed production pain points through its dual-brand strategy (ENGEL and WINTEC). Their presentation tackled the primary pain points in modified plastics injection molding, offering integrated, intelligent solutions for sectors ranging from automotive & packaging to medical, LSR and micro-foaming. ENGEL emphasized how smart production can simultaneously drive down costs and carbon footprints.

Kingfa highlighted the intersection of materials and intelligence. Their display covered an expansive range of applications, including consumer electronics, smart home systems, NEVs, low-altitude applications, and the frontier of “embodied intelligence” (robotics). Leveraging its unique “global-local” supply framework, Kingfa continues to set the pace for high-quality growth in the modified plastics sector through deep technical expertise.

Syensqo introduced specialty polymers essential for the “twin transitions”—digital and green—targeting critical nodes in the supply chains of NEVs, green hydrogen, electronics, healthcare, and semiconductors.

ARBURG chose this stage for the Asia debut of its Allrounder Trend electric series, combining high-end German engineering with optimized ownership costs for the competitive electronics and NEV markets.

In a major bio-based breakthrough, CovationBio launched Xatryx®, a non-food-based bio-PTMEG. This “drop-in” replacement for fossil-based alternatives allows manufacturers to slash carbon footprints without any process adjustments, marking a milestone for the circular economy.

Media Contact:
Skyla Feng
skyla.feng@commnow.cn 
+86-13002176919

View original content:https://www.prnewswire.com/apac/news-releases/chinaplas-2026-media-day-highlights-from-8-exhibitors-302752674.html

SOURCE Adsale Exhibition Services and CommNow China

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Fintech solutions, gov’t collaboration help cushion impact of oil crisis to consumers, says Mynt CEO

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SINGAPORE, April 24, 2026 /PRNewswire/ — As consumers in Southeast Asia face a “triple-hit” of rising fuel costs, inflation, and economic volatility, leaders from some of the region’s major financial and technology companies highlight fintech’s and government’s role to enable economic resilience in a region navigating global shocks.

Talking about the situation in the Philippines, Martha Sazon, President and CEO of Mynt, the parent company of the country’s biggest finance app GCash, shared how the platform has strengthened its role as a primary distribution channel for government relief—taking a page from its playbook on how it helped keep the local economy running and aid flowing when mobility was restricted during the COVID-19 pandemic.

“We have been helping in the distribution of government aid, especially fuel subsidies to public transport drivers and to encourage more mobility,” Sazon said.

In partnership with transport officials from the government, GCash facilitates the digital disbursement fuel subsidies to thousands of drivers and operators.

This effort is complemented by direct consumer incentives, such as a 50% fare discount for passengers of Metro Manila main rail lines, who can also pay via the GCash app.

These interventions have kept mobility accessible and domestic consumption steady. She also pointed to the role of GCash in supporting overseas Filipino workers (OFW). Until April 30, 2026, the company is waiving inbound and outbound transaction fees for Filipinos in the Middle East.

Moreover, aside from keeping fair loans accessible, the platform is fostering long-term resilience through livelihood opportunities by promoting digital micro-business tools like GCash Pera Outlet, and gig and employment platform GJobs, which provide alternative income streams for both local residents and repatriated workers. GCash has also ramped up financial literacy efforts to give customers practical knowledge on how to save more—while offering affordable and accessible investment and saving options.

Sazon shared these at the recent CNBC CONVERGE LIVE 2026 event at the Jewel in Singapore, joining other regional leaders: Hans Patuwo of GoTo Group and Huynh Thanh Phong of FWD Group. Patuwo noted Indonesia’s resilience but warned that looming subsidy cuts could trigger inflation and strain household consumption. Phong highlighted the importance of trust, stressing that insurers must help customers avoid emotional decisions that could leave them vulnerable during crises.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/fintech-solutions-govt-collaboration-help-cushion-impact-of-oil-crisis-to-consumers-says-mynt-ceo-302752679.html

SOURCE GCash

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The Steadfastness of a 13-Year Veteran Exchange: Understanding the Risk Control Logic Behind HTX Earn

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PANAMA CITY, Fla., April 24, 2026 /PRNewswire/ — In today’s volatile and unpredictable crypto market, “where to trade” may no longer be the primary concern for investors. Instead, “where assets are truly safe” has become the ultimate deciding factor in capital allocation. According to DefiLlama data, HTX recorded over $54 million in net inflows in a single day at the end of March, ranking first among global exchanges in daily inflows. The market is making its choice with real capital: in a highly uncertain crypto cycle, funds are flowing back to platforms that are “safer, more transparent, and more sustainable.”

As various platforms compete for liquidity, how has HTX emerged as a “safe haven” for global investors? The answer may lie in its underlying security framework, which has been in operation for 13 years, and its unwavering pursuit of “zero risk incidents” for user assets.

From Yield to Trust: Reconstructing the Underlying Logic of Earn Products

From a user perspective, “Earn” is often understood as a low-risk financial management tool: deposit assets and obtain returns. However, from the platform’s perspective, this is essentially a complex exercise of capital management and risk control. The core of HTX Earn products is not a single revenue model, but a comprehensive, layered risk management system:

Simple Earn: Offers flexible and fixed products, supporting subscription and redemption at any time or over fixed terms. These products offer an APY of up to 300%, making them a popular choice for beginners and conservative investors. Among them, flagship stablecoin products offer Flexible Earn options for popular assets such as USDT, USDC, USDD, USDE, USD1, and U, with APYs of up to 15%, outpacing  those of industry peers. VIP Flexible products are tailored for HTX SVIP users at Prime Level 5 and above, offering APYs of up to 9%, reflecting the platform’s commitment to diverse user needs.Structured Products (Dual Investment/Shark Fin): These are yield enhancement tools specifically designed for advanced traders seeking to capitalize on market volatility. They are suitable for capturing gains during market fluctuations, with APYs reaching up to 380%.On-chain Earn: Staking and ETH 2.0 products are designed specifically for on-chain participants, covering a variety of mainstream digital assets with seamless operations and APYs of up to 15%.

The vision of HTX Earn is to “fuel the steady growth of every digital asset.”At present, HTX Earn covers 300+ assets and 390+ products, serving nearly 600,000 users. Its extensive product matrix meets the needs of users with different risk preferences, and the adoption rate  continues to grow. But the truly critical factor is not the scale, but rather—how this capital is managed safely.

Merkle Tree Proof of Reserves (PoR): Making Transparency the First Line of Defense for User Asset Security

A sense of security does not come from empty promises, but from the clear verifiability of every asset. HTX publishes regular public disclosures of its Merkle Tree–based Proof of Reserves (PoR), which have continued uninterrupted for 42 months to date.

The latest April Proof of Reserves report shows that HTX has maintained asset reserve ratios at or above 100% across all assets. Among them, the BTC reserve ratio is 101%, the ETH reserve ratio is 100%, and the TRX reserve ratio reaches 108%. This means every user asset deposited on the platform is backed by more than 100% in real reserves, eliminating any possibility of fund misappropriation.

Notably, a key highlight of this disclosure is the upgrade to the USDs display, offering a more “user-friendly” approach to asset presentation. By displaying all USD-pegged stablecoins (including USDT and USDC) in a unified view of USDs, HTX has further enhanced the clarity and readability of the asset structure. This persistent commitment to transparency is a core driver behind HTX attracting over $54 million in net inflows within 24 hours.

13 Years of Stable Operations: A Three-Layer Risk Control Framework

If the Merkle Tree Proof of Reserves (PoR) serves as the externally visible “ledger”, the risk control system embedded within HTX Earn functions as an “armored shield” safeguarding asset security.

Professional Risk Control and Asset Segregation: HTX Earn adopts an institutional-grade security architecture. Through asset segregation and an intelligent tiered risk control system, user assets are strictly segregated from platform operational funds.Ongoing Enhanced Security Infrastructure: Since November 2023, HTX has further strengthened its compliance and security standards, maintaining over 30 consecutive months of zero security incidents. Such long-term, high-intensity stable operations are regarded as an industry benchmark.Dual Drivers of Technology and Compliance: Relying on the platform’s advantage of 13 years of stable operation, HTX has built a comprehensive service system featuring a professional investment research team, 24/7 customer support, zero trading fees, and hourly interest calculation, delivering comprehensive protection for user asset security.

Conclusion: Security is Not a Cost, but a Growth Engine

The flow of capital is the most intuitive vote of market confidence. HTX’s top position in DefiLlama net inflows is driven not only by its diverse product offerings and competitive yields, but also by market recognition of its 13year track record in security.

At the current stage, competition among crypto platforms is returning to fundamentals: those that can manage risk more stably will be better positioned to attract long-term capital. With 13 years of operational experience, HTX has set out a clear path forward:

Making trust verifiable with Merkle Tree Proof of Reserves (PoR)Using product matrices to structure returns and risksTransforming security into brand equity via long-term track records

When “Earn” evolves from a product into an entry point for asset management, the risk control logic behind it truly becomes the platform’s deepest moat. In the marathon of crypto finance, running fast is certainly important, but running steadily is the only way to survive. HTX Earn will continue to strengthen its risk control framework through transparency, making security the strongest foundation for every investor.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-steadfastness-of-a-13-year-veteran-exchange-understanding-the-risk-control-logic-behind-htx-earn-302752681.html

SOURCE HTX DAO

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