1. Temu Plans to Advertise Again During the Super Bowl

On November 30th, Temu announced its plan to air a 30-second commercial during the American Super Bowl scheduled for February 11, 2024. This marks Temu's second consecutive appearance at the event.

In February of this year, Temu gained widespread attention in the United States with its slogan "Shop Like a Millionaire" during the Super Bowl, resulting in a significant surge in traffic and orders. Following this success, Temu continued to advertise on major social media platforms in the United States, at times driving up ad prices on these platforms.

Source: Reuters

2. Pinduoduo's Market Value Approaching Alibaba's, Temu Becomes the Second Growth Engine

On November 30th, Pinduoduo released its financial report for the third quarter of 2023, with revenue reaching 68.84 billion yuan, nearly doubling from the same period last year's 35.5 billion yuan, an increase of 93.9%. The quarter-on-quarter net increase from the second quarter's 52.281 billion yuan reached nearly 16.6 billion yuan, surpassing market expectations. The net profit under the US Generally Accepted Accounting Principles (GAAP) reached 15.54 billion yuan, with a net profit margin of 22.6%.

Among these, revenue from transaction services (commissions) was 29.152 billion yuan, a staggering 315% increase compared to the same period in 2022, which was mainly contributed by Temu's performance.

Following the release of the financial report, Pinduoduo's stock rose by over 18% at the opening of the US stock market, with the highest price touching 139.93 yuan per share, closing at 139 USD. Currently, Pinduoduo's market value has reached 184.7 billion USD. Among the three Chinese e-commerce giants, Alibaba, currently undergoing significant reforms, has a market value of 197.4 billion USD, while JD.com has a market value of 44.6 billion USD.

Source: Jiemian News

3. Amazon: Global Consumers Purchased Over 1 Billion Items During "Black Five Online Shopping Festival"

On November 30th, Amazon announced that during the "Black Friday" to "Cyber Monday" shopping event (November 17th to November 27th), global consumers purchased over 1 billion items on Amazon. Consumers bought over 500 million items from third-party sellers on the US site, with the majority coming from small and medium-sized businesses. Additionally, Amazon stated that new deals would be offered every day until December 24th.

Source: Amazon Global Store

4. JD Logistics: Overseas Outbound Orders Increased by 70% on "Black Five"

On November 30th, according to JD's data, on this year's "Black Five," JD Logistics' overseas outbound orders increased by 70% year-on-year, with a continuous accuracy rate of over 95% in sales forecasts. It was introduced that JD Logistics' independently developed automation equipment and systems are applied in multiple overseas warehouses. For example, JD Logistics' self-developed iWMS can fully schedule various types of overseas intelligent equipment, boosting the overall operational efficiency of overseas warehouses by more than three times. The order fulfillment time for merchants has been shortened from 7 days to 2-3 days.

Source: JD Logistics

5. Maersk Air Cargo to Trial New Sino-British Route

On November 30th, Maersk Air Cargo announced the launch of a new Sino-British route service between the UK and China to help meet peak season demand. The airline will use a Boeing 767-300 freighter with a payload of approximately 45 tons to operate a weekly service between Bournemouth Airport and Hangzhou Xiaoshan International Airport (HGH), with cargo handled by Bournemouth's internal business Cargo First. The service will operate until the end of this year to meet peak season demand, with the possibility of continuing thereafter.

Source: aircargo news

6. Atlas Air Orders Two New Boeing 777 Freighters

On November 30th, Atlas Air Worldwide Holdings announced the order of two 777 freighters from Boeing to meet strong demand in international e-commerce shipping. After 18 months of decline, the air cargo market has experienced a bottoming out, leading airlines to adopt expansion plans.

These two new 777 freighters were ordered in October and are expected to be delivered in the second half of 2024. According to the company, Atlas Air and its joint venture Polar Air Cargo operate 116 aircraft, including the world's largest fleet of Boeing 747 large freighters and approximately a dozen 777 aircraft. Atlas Air also has several passenger aircraft primarily serving charter customers, with major clients including Amazon, DHL Express, the US Department of Defense, Alibaba's logistics arm Cainiao, and global logistics giant Kuehne+Nagel.

Source: American Shipper

7. UPS Expands Package Sorting Center at Clark Airport in the United States

On November 30th, UPS expanded its package sorting center at Clark Airport in the United States, doubling its size and increasing package sorting capacity by 30%. UPS recently launched the UPS Supply Chain Symphony™ platform, which integrates transportation, warehousing, inventory management, and other supply chain links into one platform to help UPS customers improve operational efficiency and enhance supply chain visibility.

Source: UPS Ubiquitous Express

8. Shopee Opens AMS Marketing Alliance on a Large Scale

On November 30th, Shopee announced the large-scale opening of its AMS marketing alliance. The marketing scheme brought about a fourfold increase in orders during the 11.11 promotion compared to normal days, with an average ROI of up to 19 times. Shopee's Alliance Marketing Service (AMS) promotes brands or stores through numerous third-party alliance partners and KOLs to acquire traffic inside and outside the platform, increase sales, and achieve measurable marketing ROI.

AMS sellers only need to pay commissions for successfully converted valid orders. Additionally, the payment method for AMS has been fully upgraded. For AMS activities self-launched by Chinese sellers through the Chinese seller center, commissions will primarily be deducted automatically with each order, supplemented by automatic balance deductions.

Previously, only a small number of sellers could use AMS. With this scale upgrade, eligible stores can directly find this feature in the Chinese seller center backend without additional application. To boost the 12.12 promotion, Shopee has also launched exclusive incentives for new AMS users, with a 100% refund of the first month's AMS spending.

Source: Shopee Cross-Border E-commerce

9. Shopify's New Upgrade: Automatic Free Shipping Discount Setting

On November 30th, Shopify announced a new upgrade, allowing merchants to offer automatic free shipping directly to customers from the Shopify backend without relying on discount codes, scripts, or applications. This upgrade enhances the customer shopping experience and reduces the time and effort costs of manually setting shipping fees. Merchants can set free shipping as the default shipping fee for all orders. Through this method, merchants can manage shipping fees more easily and still add additional shipping fees for certain products or orders exceeding a certain value or weight.

Source: Shopify E-commerce Independent Station Subscription Number

10. eBay Adds Two Certified Integrated Warehouses