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transcosmos announces the results of Global Online Shopping Survey in 8 Cities 2025

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Beyond Price: Ease of Shopping and Value Drive SHEIN and Temu Adoption

TOKYO, April 7, 2025 /PRNewswire-PRWeb/ — transcosmos hereby announces that the company has conducted its proprietary Global Online Shopping Survey in 8 Cities 2025.

“Consumer shopping behavior is shifting to the next phase for sure. Our study revealed that consumers across the globe prioritize not only price, but also multiple factors including speed, convenience, value of experience, and asking for a more diverse shopping experience than ever.”

Visit here for Global Online Shopping Survey in 8 Cities 2025 full report (no translation available):
https://blog.trans-cosmos.co.jp/research/20250324_onlineshopping-survey.html

In this years survey, we changed the target city in the U.S. from New York to Los Angeles. In addition to current online shopping habits, the research explored future online shopping intentions, with a particular emphasis on cross-border e-commerce (including low-cost Chinese platforms), social commerce, and interest in emerging technologies.

 

Survey overview 
Method: Global online research panel, multilingual questionnaire (respective local language options available)
Regions: Japan (Tokyo), Shanghai (China), Seoul (South Korea), India (Mumbai), Thailand (Bangkok), Jakarta (Indonesia), London (U.K.), Los Angeles (U.S.)
Respondents: Men and women aged between 15 and 49 years old that have used online shopping (made a purchase) in the past 1 year
Samples: 320 x 8 cities = Total 2,560
Period: February 17 to 25, 2025
Research agency: Cross Marketing, Inc.Key findingsSignificant adoption of low-cost Chinese platforms in London, Los Angeles, and Mumbai with over 60% usagePurchase experience on SHEIN, Temu and other low-cost Chinese online shopping sites was high overall, particulary in London (70%), Los Angeles (63%), and Bangkok (60%). Usage was lower in Tokyo and Jakarta, around 30%.The primary driver for using these platforms is perceived affordability (“Can purchase cheaper than in my country”). Ease of use is also a significant factor. Some respondents value the availability of affordable alternatives to popular brands, even if they are not genuine. Respondants in Tokyo and Seoul, chose “Product quality is not as high as expected” and “Products were not genuine” compared to other cities, showing their concerns over product quality.Social commerce gains traction With Over 50% usage, except in Tokyo When asked the reason for using social media, “To do shopping” ranked high in all cities. This was particularly significant in Jakarta, Shanghai, and Bangkok, where more than 80% use social media for shopping.More than half of the respondents have used social commerce in 7 cities, excluding Tokyo, the usage rate was particularly high in Jakarta, Shanghai, Bangkok, and Mumbai.Tik Tok (抖音) showed high engagement in Shanghai, Jakarta, and Bangkok (over 70%). Platforms including Instagram and Facebook are also popular, while YouTube is the leading platform in Tokyo.Immersive shopping experience and shopping with AI getting attraction, Shanghai and Mumbai show high interest in emerging technologiesInterest in emerging technologies is generally high, especially in Shanghai and Mumbai. In Tokyo and Los Angeles, a certain number of users said they don’t want to use emerging technologies. Tokyo had the least interest in new technologies with more than 50% answering the don’t want to use it.Key technologies of interest include immersive shopping experience (virtual try on/try out), AI powered shopping (product recommendations based on image recognition), and experience of window shopping in a virtual space. Some cities showed high demand for more interactive shopping experiences such as live commerce service and conversational shopping experience using voice recognition. Jakarta and Shanghai showed high interest in live commerce, while conversational commerce attracted shoppers in Mumbai, each exceeding 50% in respective cities.

“Low-cost Chinese online shopping sites are gaining popularity across the world, and not only for their low prices,” commented Masashi Hagihara, an analyst at transcosmos Global Business Headquarters. “They are attracting users for a faster shopping experience with the ease to compare and purchase, while more consumers prioritize good value for money than brands. The role of social media is also evolving from a way to gather information to a shopping channel. This is particularly true in emerging markets in Asia, where TikTok and Instagram are used as search engines, becoming an entry point for e-commerce. There is also a growing interest in “shopping experience of the future” brought about by immersive and interactive technologies. Consumer shopping behavior is shifting to the next phase for sure. Our study revealed that consumers across the globe prioritize not only price, but also multiple factors including speed, convenience, value of experience, and asking for a more diverse shopping experience than ever.”

transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

About transcosmos inc.
transcosmos launched its operations in 1966. Since then, we have combined superior “people” with up-to-date “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes focusing on both sales expansion and cost optimization through our 182 bases across 36 countries/regions with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of e-commerce market on the global scale, transcosmos provides a comprehensive One-Stop Global E-Commerce Services to deliver our clients’ excellent products and services to consumers in 46 countries/regions around the globe. transcosmos aims to be the “Global Digital Transformation Partner” of our clients, supporting the clients’ transformation by leveraging digital technology, responding to the ever-changing business environment. Visit us here https://www.trans-cosmos.co.jp/english/

Media Contact

transcosmos inc., transcosmos inc., +81-3-6709-2251, pressroom@trans-cosmos.co.jp, https://www.trans-cosmos.co.jp/english/

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SOURCE transcosmos inc.

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Club Offers for Travel Enthusiasts in Canada

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

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SOURCE Travelzoo

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

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SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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