1. Zhang Yiming denies the acquisition of TikTok

March 12th news: Previously, the Wall Street Journal quoted informed sources as saying that Bobby Kotick, the former CEO of video game publisher Activision Blizzard, had proposed the idea of acquiring TikTok to potential partners such as OpenAI, and also contacted Zhang Yiming, CEO of ByteDance, expressing acquisition interest. In response to the news of "former CEO of Activision Blizzard wants to acquire TikTok," ByteDance responded that the report was untrue. After verification, the company's founder Zhang Yiming did not communicate with anyone about the matter.

Source: ByteDance

2. Amazon Germany launches new features: recommendation operations and key phrases

March 12th news: Amazon Germany announced in a statement that it has launched two new features on the Customer Voice Dashboard: recommendation operations and key phrases. According to the introduction, the Customer Voice Dashboard will group products that need more attention based on "poor" and "very poor" health ratings, thereby highlighting these products. The new features provide specific suggestions on how to improve the merchant's list and how to obtain more customer feedback.

Source: Amazon Germany

3. Seawave Era's annual revenue reached 6.564 billion yuan in 2023

March 12th news: Seawave Era Technology Co., Ltd. released its annual performance report for 2023. The report shows that during the reporting period, the company achieved a total operating income of 6.564 billion yuan, a year-on-year increase of 33.70%; realized a total profit of 390 million yuan, a year-on-year increase of 84.47%; and achieved a net profit attributable to shareholders of listed companies of 339 million yuan, a year-on-year increase of 83.23%.

Source: Seawave Era

4. Meitong officially becomes an Amazon TSPN service provider

March 12th news: Meitong has become an Amazon TSPN service provider, with safety and stability as the core of its products, providing multi-modal intermodal logistics solutions with full-time coverage of land, sea, and air for Amazon sellers.

TSPN (Transparency Service Provider Network) is a long-term cooperation plan between Amazon's global CNBPS (Brand Protection Team) and service providers. It aims to provide sellers with better brand protection and growth direction services and experiences.

Service providers joining TSPN will be able to receive a series of rights and resource supports provided by Amazon's global CNBPS, and TSPN service providers can help sellers expand their business and provide better services.

Source: Meitong Supply Chain

5. Australia announces: to cancel nearly 500 product tariffs

March 12th news: The Australian government announced that it will permanently cancel nearly 500 tariffs on a range of imported products from July 1st. Related imported products include household necessities such as toothbrushes, tools, refrigerators, washing machines, dishwashers, toasters, electric blankets, sanitary products, and clothing.

Jim Chalmers, Australian Treasurer, stated that this is the largest unilateral tariff reform in at least 20 years. Canceling tariffs will simplify annual trade worth nearly 8.5 billion Australian dollars (approximately 5.62 billion US dollars) and save businesses more than 30 million Australian dollars in compliance costs each year. It will also reduce the cost of living for Australian families by more than 120 million Australian dollars over the next four years.

Source: Yunquna

6. Korean Air opens regular freight route Seoul-Zhengzhou-Chicago

March 12th news: A Korean Air B777 freighter landed smoothly at Zhengzhou Airport and flew directly to Chicago with 95 tons of e-commerce goods after 2 hours. This marks the official opening of the regular freight route Seoul-Zhengzhou-Chicago, which is also the first intercontinental direct regular freight route operated by Korean Air at Zhengzhou Airport.

Source: Air Freight News Express

7. Huapengfei: Signed a strategic cooperation framework agreement with RRD Supply Chain

March 12th news: Huapengfei Co., Ltd. issued an announcement stating that it has signed a strategic cooperation framework agreement with RRD Supply Chain Technology Co., Ltd. According to the agreement, Huapengfei, as the cross-border logistics service team of RRD Supply Chain, is entrusted to undertake cargo transportation tasks of RRD Supply Chain, including but not limited to cross-border truck transportation services, cross-border sea transportation services, and cross-border railway transportation services. Huapengfei will provide customized solutions to RRD Supply Chain to help it reduce costs and increase efficiency.

Source: Daily Economic News

8. Explosive potential of Russian e-commerce

March 12th news: Yandex Market and market research company GfK Rus jointly released a survey report on the trends of Russian online shopping. The data shows that in the past year, there has been a significant increase in the number of Russian online shoppers, with 67% of Internet users now shopping online. Last year, 39% of Russians searched for discounts and promotions on online markets every week, and 38% of consumers visited online stores to enjoy their time and find interesting products.

Source: Yandex Market and GfK Rus

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