Amazon will enforce new "effective tracking rate" performance requirements across multiple sites
Starting August 9, 2021, Amazon will implement new "effective tracking rate" performance requirements across its U.S., Canada, U.K., Germany, France, Italy, Spain, and Japan locations, Amazon said. At that time, any self-shipping orders that do not meet the requirements will be considered as invalid tracking orders, and any effective tracking rate of less than 95% in any commodity category may result in the seller's sales rights of self-shipping goods under this category being restricted.
Shopee Pay has started to support Shopee Cash on Delivery
According to Shopee's announcement, Shopee Pay's scan payment function has started to support COD orders, and users can get up to 20% cash back until June 10. The specific steps of using this function are as follows: first, select the payment method of COD when placing an order, and select the transportation option of Shopee Xpress; Second, users need to inform the Shopee Xpress rider of their preference for paying COD orders through ShopePay; Third, click the ShopePay wallet and scan the QR code of the Shopee Xpress rider. Fourth, enter the required transaction order amount and the corresponding ShopePay PIN code; Fifth, after the completion of the payment can enjoy cash rebates.
Wish reported revenue of $772 million in Q1 this year
On May 13, Wish announced its financial results for the first quarter ended March 31, 2021. During the reporting period, Wish's revenue reached $772 million, up 75% from the same period last year. Net loss of $128 million compared to a net loss of $66 million for the same period in 2020; Adjusted EBITDA loss of $79 million compared to a loss of $51 million for the same period in 2020; Gross profit was $442 million, a 56% increase over the same period last year.
Fashion e-commerce platform Zalora introduced the installment payment method of Atome
Southeast Asian fashion e-commerce platform Zalora has announced a regional partnership with installment payment app Atome, which will allow Zalora users to pay in installments when shopping on the app and website. The payment feature is currently available on Zalora's Singapore and Malaysia sites, and will be rolled out to Hong Kong and Taiwan, Indonesia and the Philippines in the coming months.
Aramex, a Middle Eastern delivery company, handled 6.2 million international deliveries in the first quarter
Aramex, a Courier company in the Middle East, said its operating profit fell 20% to 79.45 million dirhams in the first quarter of this year. Net profit fell 32% due to higher transportation costs; Revenue rose 24% to 1.42 billion dirhams. In the first quarter, Aramex's international delivery revenue rose 35% and volume rose 14% to 6.2 million units, driven by cross-border e-commerce in the U.S., U.K., Hong Kong and other Asian countries and regions.
Shopee adjusted the channel freight of International Express in Thailand
Shopee announced that starting May 16, 2021, Shopee Thailand site will carry out the International Express channel freight adjustment. In terms of the first weight, the freight for new buyers in Zone A, B and C will be adjusted to 22, 29 and 79 baht respectively. In addition, the freight for new sellers in Zone A, Zone B and Zone C will be adjusted to 23, 30 and 80 baht respectively.
Worldwide, 39.9 million tablets were shipped in the first quarter
The tablet market grew 55.2% year on year in the first quarter of 2021, with shipments totaling 39.9 million units, according to the first release of IDC's quarterly Global Tablet Tracker report. Compared to the global market, China's tablet market shipped about 6.25 million units in the first quarter of 2021, up 67.6% year on year and the highest year-on-year growth in a single quarter since the second quarter of 2013.
Alibaba's cross-border export e-commerce platform announced a strategic upgrade
Today, Alibaba's cross-border export e-commerce platform, Tmall Taobao Overseas, announced a strategic upgrade to fully open the channel for merchants to go overseas, upgrade logistics, payment, operation, after-sales and other services, and achieve zero entry threshold for merchants, significantly reduce operating costs, and make cross-border logistics and payment more convenient. Ye Jianqiu, general manager of Tmall Taobao's overseas business division, said it would help 100,000 new Chinese merchants speed up their overseas sales this year.