[Platform News]
Temu tops the US Google Play shopping software download list
Data shows that on September 16, Pinduoduo cross-border platform Temu topped the list of Google Play shopping software downloads in the United States. It is understood that, September 1st ， Temu was launched in the United States, Hong Kong, Singapore, Taiwan, Canada and other overseas markets in the second week ， Temu stay US market Ios of And Google Play.
Amazon Logistics Inventory Compensation Policy Update
From November 11, 2022, Amazon will change the Amazon logistics inventory compensation policy. For the claims raised against the operation problems of Amazon's operation center, if the goods are not available for sale when they are lost or damaged, the company has updated the calculation method of compensation. For unsaleable goods, Amazon will compensate the seller for an amount equal to the expected income when the goods are sold at a discount.
EBay Launches "eBay Seller Spotlight" Podcast
EBay USA recently announced the launch of the "eBay Seller Spotlight" podcast. eBay will invite some top sellers to share their sales experience and help them develop their business on eBay.
The "eBay Seller Spotlight" podcast will reveal what motivates and inspires sellers and keeps them moving forward on the road to realizing their dreams. Every month, the host will discuss the challenges faced by some top sellers, the obstacles they have overcome, and the hard won insights.
Falabella and Linio will be formally merged
After years of deliberation, Linio and Falabella, Latin America's B2C platforms, are determined to start "merger" at the end of this month, and the merged platform will start a new round of investment attraction in November ， And open to Chinese sellers. In the next month, Linio will gradually transfer the selected seller stores and SKUs to the local e-commerce platform Falabella.com of the parent company Falabella for sale. At that time, the "dual platform merger" will be realized in the true sense.
【 Market information 】
Vietnamese enterprises sell 10 million products annually through Amazon platform
The Vietnamese head of Amazon's global store opening announced at the Hanoi cross-border e-commerce week recently that Vietnamese enterprises sold 10 million products to customers around the world through Amazon's platform from September 1, 2021 to August 31, 2022.
Compared with the same period last year, the number of Vietnamese sellers on Amazon has increased by more than 80% this year, the number of sellers using Amazon Logistics Services (FBA) has increased by more than 90%, and the sales of Vietnamese sellers through FBA has increased by more than 50%.
Small retailers in the United States have difficulty in paying rent
It is reported that the rent arrears of small retailers became worse in October. 43% of small retailers said they could not pay the rent in full in October this month. This proportion increased by 12% over the previous month, approaching the peak of rent arrears this year; Previously, 44% of small retailers were unable to pay rent in July. In addition, 59% of small retailers said that compared with September, the spending level of consumers fell significantly this month.
Nearly 30% of Malaysian buyers' online shopping behavior is affected by online celebrity bloggers
Shopee conducted a market research from September 28 to October 21, 2022, aiming to investigate the impact of Malaysian online bloggers on consumers' online shopping decision-making behavior.
A total of 2459 buyers were surveyed by Shopee this time. According to the survey, nearly one third (30%) of people admit that they will follow online red bloggers to confirm their shopping choices before purchasing certain products; 22% of people often pay attention to online red bloggers to keep up with the trend or educate themselves; 21% think they have affinity; 20% want to discover new things; Only 7% choose to follow online red bloggers because of their popularity.
The US manufacturing industry is close to stagnation
According to the ISM data, the manufacturing industry in the United States came to a standstill in October, the order index contracted for the fourth time in five months, and the payment price index fell to a low point in more than two years. As central banks, including the Federal Reserve, have stepped up their efforts to control inflation, this report further proves that concerns about the global economic recession are growing. In recent months, manufacturers have seen the prices of oil, metals and other commodities used for production decline. ISM's measurement of raw material payment prices fell for the seventh consecutive month in October, to the lowest level since May 2020. The ISM data is consistent with the weak data reported by the recent regional Federal Reserve.
【 Logistics trends 】
Fedex should prepare for the decline of freight volume in peak season
The executive vice president of FedEx said that FedEx was preparing to cope with the decline of freight volume in the peak season this year, and it was expected that there would be spare capacity to try to receive new customers during the holiday. Due to the pressure of epidemic and inflation, under the current environment, orders may decrease in this year's peak holiday season. Fedex is trying to adapt to the decline of freight volume this year. FedEx Ground said that it is expected to reduce the expected package delivery volume. Last year, the company announced that it expected to hire 90000 people before the holiday, but this year it did not release a recruitment announcement.
African routes/throughput and freight continued to decline
Since August, the cargo volume of African routes has continued to decline. As ticket prices continue to decline, the market situation has fallen back, but with the strong growth of China's cargo volume, the ship's clothing from South Korea is still tight. With the expansion of uncertainties such as the war in Ukraine, inflation, high interest rates and high exchange rates, the prospects for the rest of the second half of the year are also unclear.
COSCO Shipping Port Beibu Gulf Terminal Opens Myanmar Direct Line
The "Haifeng Venus" arrived at Qinzhou Port Area of Beibu Gulf Port and docked at the Beibu Gulf Container Terminal of COSCO Shipping Port, marking the opening of the direct route between Beibu Gulf Port and Myanmar. The direct route from Beibu Gulf Port to Myanmar is a boutique route jointly launched by Guangxi Beibu Gulf International Port Group Co., Ltd. and Shanghai Xinhaifeng Container Transportation Co., Ltd., with four ships operating weekly, The order of ports of call is Qinzhou, China – Nansha, China – Shekou, China – Klang, Malaysia – Yangon, Myanmar – Bela Bay, Indonesia – Klang – Nansha – Shekou – Haiphong – Qinzhou.
Freight volume of New York and Jersey ports hit new highs for 26 consecutive months
New York and Jersey ports handled 842219 TEUs in September, becoming the busiest container ports in the United States for the second consecutive month. The cargo activity of this US east coast port has reached a new high for 26 consecutive months. The performance of New York Port and Jersey Port in September was significantly better than that of Los Angeles Port and Long Beach Port, the two major hubs in California, which traditionally handled the largest number of TEUs among American container ports. The throughput of Long Beach Port in September was 740000 TEUs, a slight decrease of 0.9% compared with the same period last year, while that of its twin port, Los Angeles Port, was 21.5% lower than the same period last year. The throughput in September was 710000 TEUs.
(Source: Hugo Express)
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