1.Anjun Logistics delivers customs supervision warehouse at São Paulo Airport, Brazil

On January 22nd, it was announced that on January 18th, Anjun Logistics successfully held the 2024 product launch event in São Paulo, Brazil, and the delivery ceremony of the customs supervision warehouse at GRU Airport for international express. Anjun Logistics officially took over the operational rights of the newly built 25,000 square meters customs supervision warehouse at GRU Airport from the GRU Airport Group. After the installation of various advanced equipment, the customs clearance capacity for commercial express is expected to reach 1 million tickets per day, ultimately solving the problem of delayed customs clearance in Brazil due to limited space.

At the same time, Anjun Logistics also unveiled five new products for 2024: Anjun Brazil Express, Cross-border Special Line (commercial clearance small package express and cross-border logistics), Anjun Brazil Express Project, Anjun Brazil Warehousing Business, and Anjun Large Item Delivery and After-sales Installation and Maintenance Project. The delivery of the supervision warehouse and the launch of new businesses signify Anjun Logistics' move towards comprehensive cross-border logistics in Brazil.

Source: Anjun Logistics

2.JD Logistics launches U.S. Large Item Dispatch Platform

On January 22nd, it was announced that in the United States, truck delivery has become one of the main transportation methods for large goods. To address the transportation needs of cross-border customers for large items in the U.S., JD Logistics launched the Large Item Dispatch Platform, integrating carriers providing differentiated dispatch services.

JD Logistics' Large Item Dispatch Service covers the entire United States, providing customers with instant quoting, price comparison, and ordering through an efficient and transparent online platform. The entire order trajectory is visible, and flexible service levels, diverse delivery channel options, including basic delivery services and value-added services such as white glove, simple installation, and insurance, are also provided.

Source: Ebrun

3.Amazon to kick off 2024 European Spring Sale

On January 22nd, it was announced that Amazon's nine major European sites would launch the 2024 Spring Sale from March 20th to March 25th. The spring season is one of the most important shopping seasons in Europe, and the consecutive holidays ignite the shopping enthusiasm of European consumers. The Amazon European Spring Sale aims to help sellers on the European sites achieve the first wave of business growth in the year, setting the stage for subsequent Prime Member Days, autumn promotions, and Black Friday promotional events.

Source: Amazon Global Selling

4.Wish "Holiday Settings" mode to be updated

On January 22nd, Wish announced that the "Holiday Settings" page would restore the "Pause All Warehouses" and "Only Pause Main Warehouse" functions. Merchants can now choose to extend the fulfillment deadline for orders (up to 7 natural days) or suspend warehouse operations during specific periods. The current extension of the fulfillment deadline function remains unchanged, allowing an extension of 1 to 7 natural days, with a maximum of 7 natural days within one calendar month. The suspension function is expected to be available on the merchant platform on January 22nd or later.

Source: Wish Merchant Platform

5.Over 70% of TikTok Shop sellers achieved revenue growth last year

On January 22nd, it was reported that in 2023, under the continued stimulus of policy dividends from TikTok Shop, sellers were generally optimistic about revenue growth. Specifically, from January to November 2023, 71% of sellers reported revenue growth compared to the same period in 2022, 15% of sellers reported overall revenue staying the same as in 2022, and only 14% of sellers reported a decline in revenue.

Among the interviewed sellers, as of November 2023, sellers with total profits below 2 million Chinese yuan accounted for 81%, sellers with total profits between 2 million and 5 million Chinese yuan accounted for 9%, sellers with total profits between 5 million and 10 million Chinese yuan accounted for 3%, sellers with total profits between 10 million and 50 million Chinese yuan accounted for 1%, and sellers with total profits above 50 million Chinese yuan accounted for 6%.

Source: Cross-border Southeast Asia

6.MercadoLibre's shipping fees in Latin America more than doubled in the past six years

On January 22nd, it was reported that the shipping fees of the Latin American e-commerce platform MercadoLibre had more than doubled in the past six years, with a cumulative adjustment rate of 125%. Earlier this year, MercadoLibre announced an increase in logistics rates, with an average increase of around 4%, but some small items saw a shipping fee increase of around 10%.

Sellers under the MercadoEnviosFull mode can choose to store goods in MercadoLibre's official warehouse and use their logistics network for order delivery and distribution. Over the years, as sellers' reliance on the Full service has increased significantly, MercadoLibre has continuously adjusted its fee standards.

Source: BrandArk

7.Shenzhen Airport's cargo throughput reaches 1.6 million tons in 2023

On January 22nd, it was reported that in 2023, Shenzhen Airport's cargo business continued to develop well, with an annual cargo throughput of 1.6 million tons, a year-on-year growth of 6.2%. The annual cargo throughput, flight volume, and domestic passenger volume on domestic routes all exceeded historical highs. Both domestic cargo business and cross-border e-commerce business achieved double-digit growth.

In 2023, Shenzhen Airport opened and increased 15 international full cargo routes, including 9 cross-border e-commerce air transport special lines. It also launched the first domestic aviation cross-border e-commerce processing zone, attracting top cross-border e-commerce enterprises such as Cainiao and YunExpress to settle in and conduct business. Shenzhen Airport took the lead in implementing a pilot project for the transportation of cross-border e-commerce goods with batteries, and newly opened an international inbound cold storage, among other measures.

With multiple measures, Shenzhen Airport's annual international and regional cargo throughput reached 770,000 tons, and the business volume of air transport cross-border e-commerce increased by 80.3% year-on-year.

Source: Shenzhen Airport

8.Shanghai Airport's export cross-border e-commerce declaration volume reaches a record high in 2023

On January 22nd, according to statistics released by Shanghai Pudong International Airport Customs, the export cross-border e-commerce declaration volume at Shanghai Airport reached 440 million tickets in 2023, nearly doubling year-on-year, setting a historical record. Shanghai Airport has become an important channel for cross-border e-commerce to promote Chinese goods overseas.

To support the high-quality development of cross-border e-commerce at Shanghai Airport, Pudong International Airport Customs actively addressed new problems and bottlenecks arising from the development of new formats. In response to the limited area of regulatory locations and logistics congestion caused by the surge in cargo volume, they implemented a 24/7 on-site operation mechanism to enhance cargo clearance speed and warehouse turnover efficiency, avoiding warehousing issues. They also strengthened coordination between customs areas, continuously optimized and improved the entire process regulatory system, and strongly supported the export of cross-border e-commerce.

Source: China News Network

9.CMA CGM's Acquisition of Wincanton for $719 Million

On January 22nd, it was announced that CEVA Logistics, a global shipping giant under the CMA CGM Group, has reached an agreement to acquire all shares of Wincanton, a well-established logistics company based in the UK, for approximately $719 million. This marks CMA CGM Group's first acquisition in 2024 and represents a significant strategic move. The completion of this acquisition is subject to approval from regulatory authorities.

Wincanton, with a history of nearly a century, has over 20,000 employees and a fleet of 8,500 vehicles. In 2023, Wincanton achieved a revenue of £1.462 billion, with underlying EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of £121.9 million. As a renowned supply chain partner in the UK and Ireland, Wincanton provides high-quality supply chain solutions to various industries, including retail, grocery, e-commerce, construction, infrastructure, energy, and defense.

Source: Shipping Online

10.Temu is rumored to open a new site

On January 22nd, Thanawat Malabuppha, Honorary Chairman of the Thailand e-Commerce Association and Co-founder/CEO of Priceza, stated that the competition in the Thai e-commerce market would intensify in the coming year. The entry of a new heavyweight platform, Temu, is expected to make the competition more challenging for existing platforms. Temu is likely to enter the Thai market, as representatives from Temu have started contacting individuals in the e-commerce industry. It is believed that, if they follow a similar approach, they would be willing to provide more subsidies, presenting an opportunity for both buyers and sellers, similar to Shopee's entry into the market.

Previously, Temu successfully entered the U.S. market using a similar strategy.

Source: Cross-border Southeast Asia

11.Huakai Yibai: Expected net profit for 2023 is RMB 320 million to 350 million

On January 22nd, Huakai Yibai released a performance forecast, expecting a net profit attributable to the shareholders of the listed company for 2023 to be in the range of RMB 320 million to 350 million, representing a year-on-year growth of 47.99% to 64.18%. After deducting non-recurring gains and losses, the net profit is expected to be in the range of RMB 288 million to 323 million, with a year-on-year growth of 45.06% to 62.69%.

Source: Huakai Yibai

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