1. TEMU to Launch Semi-Managed Model This Month

March 14th news: TEMU, a cross-border e-commerce platform under Pinduoduo, plans to launch a semi-managed model later this month, providing an opportunity for some cross-border e-commerce companies to settle in.

It is reported that under the semi-managed model, product pricing will still be managed by TEMU. Relevant companies pointed out that distinctions will be made from the product end to avoid significant price differences for the same product across different platforms. This model is scheduled to be launched on March 15th on the US site and at the end of March on the European site.

Under the semi-managed model, TEMU plans to recruit sellers who have overseas warehouses and have local delivery capabilities. Sellers can import platform orders into the warehousing and logistics system on their own and manage warehouse, distribution, and delivery fulfillment processes independently.

Source: Cailian Press

2. Amazon Europe Deploys Over 80 Delivery Centers

March 14th news: Amazon announced that it has deployed over 80 delivery centers in Europe, helping Amazon provide the widest selection. Compared with 2022, in 2023, Amazon has reduced the average travel distance for each package within one mile of the European Central Network by 25 kilometers.

It is understood that Amazon is continuing to rethink its operational network, using the power of artificial intelligence to place more items in the right places to predict and meet customer needs. They also hope to store more products locally that customers want and place these products in appropriate fulfillment centers across Europe.

Source: Amazon Official Website

3. DHL Express Announces Acquisition of Asian Logistics Company

March 14th news: DHL Express, the world's largest ocean freight forwarder, Kuehne+Nagel, announced that it has reached an agreement to acquire City Zone Express, a subsidiary of Chasen Holdings Ltd., listed on the Singapore Exchange.

Hansjörg Rodi, a member of DHL Express's management committee responsible for road logistics, said, "The Asian economies are important areas for the development of our road logistics services in our 2026 blueprint."

Source: Yihangyun

4. SF Holdings: Receives 1 Billion RMB "Ultra Short-term Financing"

March 14th news: SF Holdings announced in a statement that, based on the authorization of the company's annual general meeting of shareholders in 2021, its wholly-owned subsidiary, Shenzhen SF Tyson Holding (Group) Co., Ltd., has applied to the China Interbank Market Trading Association to register for multiple varieties of debt financing instruments.

Tyson Holdings issued the first batch of ultra-short-term financing bills for the year 2024 on March 7, 2024, and the raised funds of 1 billion RMB were received on March 8, 2024.

Source: Logistics Zhiwen

5. Fujian's Cross-border E-commerce Exports via "Belt and Road" Countries Surpass 200 Billion Yuan

March 14th news: As a core area of the "21st Century Maritime Silk Road," Fujian Province has seen rapid development in the cross-border e-commerce exports to countries participating in the Belt and Road Initiative.

Private enterprises are the "main force" of Fujian Province's cross-border e-commerce exports to countries participating in the Belt and Road Initiative. Since 2013, they have exported a cumulative total of 200.9 billion yuan, accounting for 98.5% of the total value of Fujian Province's cross-border e-commerce exports to countries participating in the Belt and Road Initiative during the same period.

Source: General Administration of Customs Website

6. Hefei Airport Opens Its First Freight Route to Latin America

March 14th news: A Boeing B747 freighter loaded with 109 tons of e-commerce goods successfully took off from Hefei Airport, marking the successful inaugural flight of the Hefei to Mexico freight route. This is the first freight route to Latin America opened by Hefei Airport and the first intercontinental route opened this year.

The successful launch of the Hefei to Mexico freight route will fill the transportation gap in the direction of Latin America at Hefei Airport and further enhance the comprehensive advantages of Hefei's aviation port.

Source: Air Cargo Information Express

7. Zhengzhou Aviation Port's "17 Policies" Support Cross-border E-commerce Industry

March 14th news: Zhengzhou Aviation Port Economic Comprehensive Experimental Zone has introduced the "17 Policies" to support the rapid development of the cross-border e-commerce industry with one "real gold and silver" subsidy policy after another.

An official from the Investment Promotion Bureau of Zhengzhou Aviation Port Economic Comprehensive Experimental Zone stated that the "17 Policies" cover industrial park construction, fixed asset investment, platform operation, warehouse office rental, overseas warehouses, cross-border e-commerce standard formulation, and financing support. It not only covers the entire process, industry chain, and elements of the cross-border e-commerce but also focuses on the actual needs of enterprises, allowing enterprises to focus more on business development and innovation.

Source: Investment Promotion Bureau of Zhengzhou Aviation Port Economic Comprehensive Experimental Zone

8. Cainiao Launches Solution for Overseas Warehouse Large Items

March 14th news: In response to the rapid growth of Chinese large-item exports, Cainiao officially launched the solution for overseas warehouse large items, providing industry solutions for Chinese home furnishings, auto parts, and other large-brand merchants to go global. Among them, Cainiao has reached a global cooperation with Lin's Home, a leading Chinese furniture retailer, to provide end-to-end overseas warehouse supply chain services.

Source: Cainiao

9. TikTok CEO Zhou Shouzi to Visit the US Congress

March 14th news: The US House of Representatives will vote on the TikTok divestiture bill, the result of which may affect TikTok's fate in the United States. According to US media reports, TikTok CEO Zhou Shouzi is expected to visit the US Congress this week to conduct final lobbying on the divestiture bill.

Source: Phoenix Technology

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