The Key to Assist The Successful Transformation of Cross-border E-commerce Enterprises
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Move with The Times
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Mutual benefit and win-win results
According to sources familiar with the matter, due to the hopeless listing of this year, ByteDance is negotiating with banks to borrow 5 billion US dollars through syndicated loans for debt refinancing and overseas expansion. Negotiating financing is said to come from Bank of America, which is mainly used for overseas TikTok e-commerce business and the establishment of overseas data centers.
On September 13, the 18th China-ASEAN Expo and the China-ASEAN Business and Investment Summit came to a close in Nanning, Guangxi. The signing ceremony of this grand event organized and signed 179 international and domestic cooperation projects, with a total investment of more than 300 billion yuan, an increase of 13.7% over the previous year, and the total investment of signed projects was the highest ever.
Zhengzhou Customs released information on September 13 that in the first eight months of this year, the total import and export value of Henan Province was 477.01 billion yuan, a year-on-year increase of 46.8%, which was 23.1 percentage points higher than the overall national growth rate. Among them, exports were 295.76 billion yuan, an increase of 43.2%, which was 20 percentage points higher than the national average level of exports.
European and American fashion content social e-commerce "Voilà" announced that it has completed a Pre-A round of financing of tens of millions of yuan. This round of financing was invested by Haofang Venture Capital, and Qingtong Capital served as the exclusive financial advisor.
On September 9th, today, Shopee’s parent company, Sea, the largest e-commerce and gaming company in Southeast Asia, filed a document that plans to raise US$6.3 billion through the issuance of stocks and convertible bonds. This is one of the largest financings ever in the region. In the filing on Thursday, Sea stated that it is seeking to sell 11 million American depositary receipts and may choose to provide an additional 1.65 million as part of the so-called green shoe option. The company also raised $2.5 billion through the issuance of convertible bonds, which came with $375 million in "green shoe" funds. Based on Sea's closing price of $343.8 in New York on Wednesday, the sale may raise $3.8 billion.
On September 9th, according to Newslanes, Singapore-based Amazon third-party brand acquirer Rainforest announced that it has completed a US$20 million Series A financing, and currently has raised a total of US$56.5 million. Rainforest plans to use the new funds to acquire more Asian e-commerce brands and expand its business to Europe and the United States. It is understood that Rainforest was launched in January 2021 and has acquired six brands from China, one of which is worth up to 3.6 million US dollars. Rainforest will expand its brand scale by acquiring brands, including inventory management, cost optimization, and expansion of existing distribution channels. The annual growth rate of its brand portfolio has exceeded 50%.
Amazon has issued new regulations. Starting from January 1, 2022, products exported to France and Germany must obtain an EPR registration number and fill in Amazon. Recently, some French and German sellers have received emails from Amazon, requesting sellers Ensure compliance with EPR requirements.
A few days ago, Amazon India announced the launch of the Kisan Store. Farmers will be able to buy agricultural-related items such as seeds, farm tools and accessories, plant nutrition, etc. at affordable prices through the platform, and enjoy door-to-door delivery services, with optional languages including print There are five Indian languages, including local, Telugu, Kannada, Tamil and Malayalam. Kisan Store will provide more than 20 brands, as many as 8000 kinds of agricultural products. These products are provided by hundreds of small and medium-sized enterprises across the country. Farmers can choose different payment methods, such as online banking, unified payment interface, Amazon Pay, debit and credit cards, and cash on delivery.
Recently, Amazon Japan released an announcement announcing that it has opened the Black Five Network's one spike promotion application, reminding sellers to apply for a limited time spike and 7-day promotion as soon as possible. The application for the event will be closed until 11:59 p.m. (Japan time) on October 8th. This year’s Black Friday week will be held from November 22, 2021 to November 28, 2021, and Cyber Monday week will be held from November 29, 2021 to December 5, 2021. The time limit will last for up to 12 hours. , The promotion lasts for up to 7 days. The seckill recommended listing will be changed every week, and there is no guarantee that it will be released next week.
Starting from September 1, 2021, Amazon Australia and UAE have officially started to implement inventory storage restrictions. The inventory performance indicator score thresholds of the storage limit will be set to 550 (Australia) and 450 (UAE) respectively. If the seller's inventory level reaches the inventory storage limit, the system will send a notification to the seller's account. Sellers will not be able to create new shipments until the inventory level drops below the limit. Sellers can log in to Seller Central, click "Inventory>Inventory Planning>Performance" to enter the inventory performance page, view the current inventory performance index scores, and view the inventory storage limits of different types of goods in the storage monitor.
According to news on September 9, the global payment service provider Epay recently announced its cooperation with PayPal to extend the QR code payment service to in-store retailers. The payment method is currently online in Germany and plans to expand to other markets in the future. The service integrates contactless PayPal QR codes to help retail partners provide customers with more diverse payment options at the point of sale, and meet customers' expectations of online or face-to-face payment methods. In addition, the service will enable local retailers to reach over 29.1 million active potential users of PayPal in Germany and over 400 million globally.
According to foreign media reports, Amazon India recently announced that it will build a seventh distribution center in Haryana with a storage capacity of nearly 2 million cubic feet. Subsequently, Flipkart also announced on Thursday that it will add four distribution centers in Haryana to prepare for the peak season order.
Recently, Amazon America announced that sellers will add two new value restoration service options, refurbishment and liquidation from September 9. This move is designed to help sellers deal with unsaleable inventory, which can save management storage costs and minimize IPI The impact of scores and storage limits. Eligible products will be wholesale liquidated through a trusted supplier. If the product is liquidated, the recovered value will be transferred to the seller’s account. The above clearing inventory alternatives can help sellers save management storage costs and minimize the impact on IPI scores and storage restrictions. Unsaleable products that do not qualify for these value recovery services will be Automatically delete according to your choice of Return or Dispose.
Starting in October, sellers can send coupon codes to former consumers in batches to encourage consumers to repeat purchases. In addition, the premium version of eBay's promotional merchandise will be launched soon in the UK, which is a pay-per-click (PPC) advertising model. This may be a huge opportunity for some sellers. Sellers can bid on relevant keywords to better display their products to consumers. This year's eBay autumn seller update also provides sellers with better research and performance tools. These tools can not only help sellers optimize their listings, but also help sellers find best-selling products through research, thereby providing guidance for sellers' business activities.
Recently, eBay has changed the payment system from PayPal to Payoneer, and platform sellers must change the payment system before September 22, 2021, otherwise the transaction will not be possible.
eBay said it is expanding its logistics and fulfillment services for German sellers. Sellers can store their inventory in fulfillment centers in Germany or the United Kingdom, and deliver orders in 26 EU countries as well as the United Kingdom. According to the announcement, sellers can store goods in eBay FulfiIIment center.
Cainiao and AliExpress officially launched the first batch of self-pickup counters in France, mainly set up in the core business and scenic spots of Paris. Currently 60 groups have landed, and 650 groups are expected to land by the end of the year.
Global e-commerce platform Cafe24 announced on September 13 that it has reached a cooperation with US e-commerce platform Wish, which will add Wish to MarketPlus, a sales channel integration service, to help its merchants expand globally. Cafe24 merchants can now add their products to Wish through MarketPlus, and through a single connection, sell products to consumers in more than 100 countries/regions where Wish's business is located, including North America, Europe, Asia, South America, Africa and Oceania.
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