MNI - Market News

Growing Preference for Online Shopping Invigorate the E-Commerce Industry

Retrieved on:

Friday, November 11, 2022

NEW YORK, Nov. 11, 2022 /PRNewswire/ -- China's logistics and shipping industry has been growing at a rapid, yet steady pace for decades. However, the COVID-19 pandemic has accelerated development of the industry even further. In recent years, major shifts in shipping and logistics have started to take place. For example, according to McKinsey Insights, recent e-commerce patterns are fueling demand for air freight, an often-underappreciated value driver in the logistics sector. Traditionally, e-commerce supply chains relied mostly on maritime shipping to transport products in bulk to destination countries in advance, before local express providers take over the final leg of the delivery to the end customer. More recently though, there has been a shift in the industry, which is due to digital advances in e-commerce. These advances have empowered mass customization, especially in fast fashion, in what is termed the "direct line" model. This refers to transporting products in bulk via air freight to local postal companies in the final destination, empowering swift last-mile deliveries to the final customers. In fact, many Chinese companies including JD Logistics, Cainiao, SF Express, and YTO Express are actively growing their freighter fleets. This is a sign that the direct-line model is gradually replacing traditional postal and express delivery. Between 2016 and 2020, the demand for direct-line delivery has risen by 84%. Jowell Global Ltd. (NASDAQ: JWEL), ZTO Express (Cayman) Inc. (NYSE: ZTO), Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN), BigCommerce Holdings, Inc. (NASDAQ: BIGC), eBay Inc. (NASDAQ: EBAY)

Key Points:

More recently though, there has been a shift in the industry, which is due to digital advances in e-commerce.
In fact, many Chinese companies including JD Logistics, Cainiao, SF Express, and YTO Express are actively growing their freighter fleets.
The e-commerce market is driven, in large part, by the increasing preference for online shopping as well as the growing influence of social networking platforms on shopping habits.
In addition, the growing trend of private-label services and direct to consumer-based business models are also impacting the outlook for market growth.

Growing Preference for Online Shopping Invigorate the E-Commerce Industry

Retrieved on:

Friday, November 11, 2022

NEW YORK, Nov. 11, 2022 /PRNewswire/ -- China's logistics and shipping industry has been growing at a rapid, yet steady pace for decades. However, the COVID-19 pandemic has accelerated development of the industry even further. In recent years, major shifts in shipping and logistics have started to take place. For example, according to McKinsey Insights, recent e-commerce patterns are fueling demand for air freight, an often-underappreciated value driver in the logistics sector. Traditionally, e-commerce supply chains relied mostly on maritime shipping to transport products in bulk to destination countries in advance, before local express providers take over the final leg of the delivery to the end customer. More recently though, there has been a shift in the industry, which is due to digital advances in e-commerce. These advances have empowered mass customization, especially in fast fashion, in what is termed the "direct line" model. This refers to transporting products in bulk via air freight to local postal companies in the final destination, empowering swift last-mile deliveries to the final customers. In fact, many Chinese companies including JD Logistics, Cainiao, SF Express, and YTO Express are actively growing their freighter fleets. This is a sign that the direct-line model is gradually replacing traditional postal and express delivery. Between 2016 and 2020, the demand for direct-line delivery has risen by 84%. Jowell Global Ltd. (NASDAQ: JWEL), ZTO Express (Cayman) Inc. (NYSE: ZTO), Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN), BigCommerce Holdings, Inc. (NASDAQ: BIGC), eBay Inc. (NASDAQ: EBAY)

Key Points:

More recently though, there has been a shift in the industry, which is due to digital advances in e-commerce.
In fact, many Chinese companies including JD Logistics, Cainiao, SF Express, and YTO Express are actively growing their freighter fleets.
The e-commerce market is driven, in large part, by the increasing preference for online shopping as well as the growing influence of social networking platforms on shopping habits.
In addition, the growing trend of private-label services and direct to consumer-based business models are also impacting the outlook for market growth.

The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices

Retrieved on:

Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry. While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward. In 2020, legal cannabis sales in the U.S were up 46% from 2019, reaching a new record of USD 17.5 Billion, according to cannabinoid market research firm BDSA. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY), Cronos Group Inc. (NASDAQ: CRON), Aurora Cannabis Inc. (NASDAQ: ACB)

Key Points:

Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.
While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward.
The Company's proprietary breath capture and laboratory-based marijuana detection equipment (as described below) will be used to collect and confirm THC in breath samples.
The Cannabix BCU can be used to collect time of stop breath samples immediately upon suspicion of cannabis use by a driver.

E-Commerce Solutions Grow in Popularity Around the World

Retrieved on:

Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The e-commerce market continues to grow exponentially. According to data provided by Shopify, two years ago, only 17.8% of sales were made from online purchases. That number is expected to reach 21% in 2022, a 17.9% increase in e-commerce market share over two years. Growth is expected to continue, reaching 24.5% by 2025, which translates to a 6.7% increase in just five years. The number of active online stores around the world is rising in large part due to better internet infrastructure in emerging markets and thanks to an increasingly wide range of products that are now being sold exclusively online. And, according to research by eMarketer, online retail sales will reach USD 6.17 Trillion by 2023, with e-commerce websites taking up 22.3% of total retail sales. Jowell Global Ltd. (NASDAQ: JWEL), Etsy, Inc. (NASDAQ: ETSY), JD.com, Inc. (NASDAQ: JD), Shopify Inc. (NYSE: SHOP), Alibaba Group Holding Limited (NYSE: BABA)

Key Points:

"Alibaba, JD.com and Pinduoduo will command 83.6% of the retail ecommerce market in 2020, compared with 80.3% last year.
Jowell Global Ltd.(NASDAQ: JWEL )just announced breaking news regarding its, "unaudited financial results for the third quarterended September 30, 2022.
Total revenues were $51.4 million, an increase of 17.2% from $43.8 million in the same period of 2021.
GMV in Q3 were $66.8 million, up 7.8% year over year, while total revenue grew by 17.2% year over year reaching $51.4 million.

Demand for Lithium Buoyed by the Growing Electrification of Vehicles

Retrieved on:

Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The electrification of vehicles is still in its infancy stage, and it is projected to attract a significant volume of lithium-ion batteries. Lithium-ion batteries are heavily adopted due to their compact size, rechargeability, recyclability and high-density energy output. As a result, such batteries are largely used in electric vehicles (EVs). Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to the growth of the market. Geographically, the Asia Pacific region dominated the market as it held the largest volume share of 56.3% in 2020, owing to the rapidly developing automotive, glass, and consumer goods industries in countries such as China, Japan, South Korea, and India. According to Grand View Research, the global lithium market size was valued at USD 6.83 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2022 to 2030. Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Pilbara Minerals Limited (OTC: PILBF), American Lithium Corp. (OTC: LIACF), Albemarle Corporation (NYSE: ALB), Lake Resources N.L. (OTC: LLKKF)

Key Points:

Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Pilbara Minerals Limited (OTC: PILBF), American Lithium Corp. (OTC: LIACF), Albemarle Corporation (NYSE: ALB), Lake Resources N.L.
(OTC: LLKKF)
Lithium proved to be an essential mineral for the electrification of vehicles as LiOH, a white hygroscopic crystalline material and an inorganic compound, is mostly used by lithium-ion battery manufacturers.
"Broadening our partnership with MRL would allow us to expand lithium conversion capacity with increased optionality and reduced risk to help meet our global customers' growing need for high-quality, reliable lithium supply."
"Optimisation work continues on site; Lilac anticipate the first samples of Lithium Chloride will be shipped for conversion to Lithium Carbonate within two weeks."

The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices

Retrieved on:

Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry. While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward. In 2020, legal cannabis sales in the U.S were up 46% from 2019, reaching a new record of USD 17.5 Billion, according to cannabinoid market research firm BDSA. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY), Cronos Group Inc. (NASDAQ: CRON), Aurora Cannabis Inc. (NASDAQ: ACB)

Key Points:

Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.
While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward.
The Company's proprietary breath capture and laboratory-based marijuana detection equipment (as described below) will be used to collect and confirm THC in breath samples.
The Cannabix BCU can be used to collect time of stop breath samples immediately upon suspicion of cannabis use by a driver.

E-Commerce Solutions Grow in Popularity Around the World

Retrieved on:

Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The e-commerce market continues to grow exponentially. According to data provided by Shopify, two years ago, only 17.8% of sales were made from online purchases. That number is expected to reach 21% in 2022, a 17.9% increase in e-commerce market share over two years. Growth is expected to continue, reaching 24.5% by 2025, which translates to a 6.7% increase in just five years. The number of active online stores around the world is rising in large part due to better internet infrastructure in emerging markets and thanks to an increasingly wide range of products that are now being sold exclusively online. And, according to research by eMarketer, online retail sales will reach USD 6.17 Trillion by 2023, with e-commerce websites taking up 22.3% of total retail sales. Jowell Global Ltd. (NASDAQ: JWEL), Etsy, Inc. (NASDAQ: ETSY), JD.com, Inc. (NASDAQ: JD), Shopify Inc. (NYSE: SHOP), Alibaba Group Holding Limited (NYSE: BABA)

Key Points:

"Alibaba, JD.com and Pinduoduo will command 83.6% of the retail ecommerce market in 2020, compared with 80.3% last year.
Jowell Global Ltd.(NASDAQ: JWEL )just announced breaking news regarding its, "unaudited financial results for the third quarterended September 30, 2022.
Total revenues were $51.4 million, an increase of 17.2% from $43.8 million in the same period of 2021.
GMV in Q3 were $66.8 million, up 7.8% year over year, while total revenue grew by 17.2% year over year reaching $51.4 million.

Demand for Lithium Buoyed by the Growing Electrification of Vehicles

Retrieved on:

Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The electrification of vehicles is still in its infancy stage, and it is projected to attract a significant volume of lithium-ion batteries. Lithium-ion batteries are heavily adopted due to their compact size, rechargeability, recyclability and high-density energy output. As a result, such batteries are largely used in electric vehicles (EVs). Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to the growth of the market. Geographically, the Asia Pacific region dominated the market as it held the largest volume share of 56.3% in 2020, owing to the rapidly developing automotive, glass, and consumer goods industries in countries such as China, Japan, South Korea, and India. According to Grand View Research, the global lithium market size was valued at USD 6.83 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2022 to 2030. Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Pilbara Minerals Limited (OTC: PILBF), American Lithium Corp. (OTC: LIACF), Albemarle Corporation (NYSE: ALB), Lake Resources N.L. (OTC: LLKKF)

Key Points:

Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Pilbara Minerals Limited (OTC: PILBF), American Lithium Corp. (OTC: LIACF), Albemarle Corporation (NYSE: ALB), Lake Resources N.L.
(OTC: LLKKF)
Lithium proved to be an essential mineral for the electrification of vehicles as LiOH, a white hygroscopic crystalline material and an inorganic compound, is mostly used by lithium-ion battery manufacturers.
"Broadening our partnership with MRL would allow us to expand lithium conversion capacity with increased optionality and reduced risk to help meet our global customers' growing need for high-quality, reliable lithium supply."
"Optimisation work continues on site; Lilac anticipate the first samples of Lithium Chloride will be shipped for conversion to Lithium Carbonate within two weeks."

Widespread EV Adoption Lifts Demand for Lithium

Retrieved on:

Wednesday, November 2, 2022

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- Lithium-ion batteries are being rapidly adopted due to their compact size, rechargeability, recyclability and high-density energy output. They are, among other things, a source of power for electric vehicles (EVs). Additionally, the growing awareness about the amount of carbon emissions released into the environment from automobiles has helped spur the adoption of electric vehicles around the globe. This, in turn, has put the onus on manufacturers to offer electric vehicles running on lithium-ion batteries, instead of adopting other battery alternatives due to their lightweight nature, high energy density, and low cost. Now, it is expected that the global lithium-ion battery market will grow at a CAGR of around 26.04% to reach a value of around USD 160.21 Billion by 2026, having stood at USD 42.30 Billion in 2020, according to Research and Markets. Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Snow Lake Resources Ltd. (NASDAQ: LITM), Standard Lithium Ltd. (NYSE: SLI), Lordstown Motors Corp. (NASDAQ: RIDE), Li Auto Inc. (NASDAQ: LI)

Key Points:

Infinity Stone Ventures Corp.(OTCQB: GEMSF) (CSE: GEMS) provided last week, "an exploration update on its Camaro and Hellcat Lithium Project (the "Camaro - Hellcat Project") adjacent to Patriot Battery Metals' ("PMET" or "Patriot") Corvette Lithium Discovery in the James Bay Lithium District of Quebec.
Standard Lithium Ltd.(NYSE: SLI ) provided an update last weekon its commercial development activities inEl Dorado, Arkansas.
The technology is housed in a self-contained unit and takes the lithium chloride feed produced by the Company's existing Direct Lithium Extraction (DLE) Demonstration Plant; it then converts this feed directly into a lithium hydroxide solution using a novel ion-exchange process.
The lithium hydroxide solution generated by the Hydroxide Pilot will be sent offsite to another location operated by the third-party vendor to complete evaporation and crystallization work to produce battery quality lithium hydroxide.

Widespread EV Adoption Lifts Demand for Lithium

Retrieved on:

Wednesday, November 2, 2022

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- Lithium-ion batteries are being rapidly adopted due to their compact size, rechargeability, recyclability and high-density energy output. They are, among other things, a source of power for electric vehicles (EVs). Additionally, the growing awareness about the amount of carbon emissions released into the environment from automobiles has helped spur the adoption of electric vehicles around the globe. This, in turn, has put the onus on manufacturers to offer electric vehicles running on lithium-ion batteries, instead of adopting other battery alternatives due to their lightweight nature, high energy density, and low cost. Now, it is expected that the global lithium-ion battery market will grow at a CAGR of around 26.04% to reach a value of around USD 160.21 Billion by 2026, having stood at USD 42.30 Billion in 2020, according to Research and Markets. Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Snow Lake Resources Ltd. (NASDAQ: LITM), Standard Lithium Ltd. (NYSE: SLI), Lordstown Motors Corp. (NASDAQ: RIDE), Li Auto Inc. (NASDAQ: LI)

Key Points:

Infinity Stone Ventures Corp.(OTCQB: GEMSF) (CSE: GEMS) provided last week, "an exploration update on its Camaro and Hellcat Lithium Project (the "Camaro - Hellcat Project") adjacent to Patriot Battery Metals' ("PMET" or "Patriot") Corvette Lithium Discovery in the James Bay Lithium District of Quebec.
Standard Lithium Ltd.(NYSE: SLI ) provided an update last weekon its commercial development activities inEl Dorado, Arkansas.
The technology is housed in a self-contained unit and takes the lithium chloride feed produced by the Company's existing Direct Lithium Extraction (DLE) Demonstration Plant; it then converts this feed directly into a lithium hydroxide solution using a novel ion-exchange process.
The lithium hydroxide solution generated by the Hydroxide Pilot will be sent offsite to another location operated by the third-party vendor to complete evaporation and crystallization work to produce battery quality lithium hydroxide.