1. SF Express and SATS Expand Strategic Partnership

On July 18, it was announced that SATS Group and SF Express have signed a Memorandum of Understanding to expand their strategic cooperation and optimize their supply chain, aiming to enhance their global influence. SATS subsidiary Worldwide Flight Services (WFS) and SF Airlines, a subsidiary of SF Express, will also join the collaboration.

The two companies will prioritize extending their existing local hub operations and e-commerce cooperation in Liège, Belgium, to other global hubs. These expanded collaborations will include hub operations in Kuala Lumpur, Malaysia, and exploring proof-of-concept e-commerce cooperation at Beijing and New York's John F. Kennedy International Airport. Additionally, they plan to jointly select over 200 locations to develop transportation network solutions or provide specialized services.

Source: Lianhe Zaobao

2. Amazon Plans to Open New Logistics Center in Germany

On July 18, Amazon announced plans to further expand its logistics network in Germany by opening a new logistics center near Rostock in Dummerstorf. The new center is expected to create 1,000 new jobs. This move demonstrates Amazon's ongoing commitment to the German market and injects new vitality into the local economy.

Since 2010, Amazon has invested over €77 billion in Germany, contributing approximately €50 billion to Germany's GDP. Recently, Amazon also announced an additional €10 billion investment in Germany to further expand its logistics network and cloud infrastructure coverage.

Source: State Post Bureau

3. JD Express App Fully Upgraded

On July 18, JD Express announced a comprehensive upgrade to its app, integrating multiple functions and entry points. The upgrade includes new dedicated entry points for "International Shipping," "Shipping to Hong Kong and Macau," and "Same City Express." Additionally, JD Express launched an app-exclusive promotion offering 50% off shipping costs from now until July 31, with a maximum discount of ¥10 on shipping fees.

Source: JD Logistics

4. Sinotrans Indirectly Holds Shares in an International Logistics Supply Chain Company

On July 18, Qichacha data revealed that Zhejiang Air Cargo International Logistics Supply Chain Co., Ltd. was recently established with a registered capital of ¥300 million. Its business scope includes international air cargo transportation agency, supply chain management services, and public air transportation. Qichacha's equity penetration shows that the company is jointly held by Sinotrans Logistics Investment Holdings Co., Ltd., a wholly-owned subsidiary of Sinotrans, and Zhejiang Hangzhou Airport Economic Development Co., Ltd.

Source: Qichacha

5. 20% of Temu's Sales in the US Come from Domestic Warehouses

On July 18, it was reported that since Temu started recruiting US-based sellers in March, 20% of its sales have been fulfilled from domestic warehouses, showing significant growth since the beginning of the year. This shift indicates that Temu is transitioning from a single China-based shipping model to a diversified supply chain to reduce reliance on tax-free small shipments. According to research by Marketplace Pulse, the new sellers are mainly domestic merchants.

Source: Ebrun

6. Shopee Maintains Top Position in Southeast Asia E-commerce GMV for the Year

On July 18, Singapore-based research firm Momentum Works released a report titled "Southeast Asia E-commerce 2024," revealing that the total e-commerce transaction volume in Southeast Asia surpassed the $100 billion mark in 2023, reaching $114.6 billion. Shopee maintained its top position in Southeast Asia's e-commerce GMV for the year.

According to Momentum Works' statistics, in 2023, Shopee's e-commerce transaction volume in Southeast Asian markets amounted to $55.1 billion, capturing 48% of the market share. Following closely was Shopee's long-time rival, Lazada, with an annual GMV of $18.8 billion. The emerging social e-commerce star TikTok Shop and Indonesian e-commerce giant Tokopedia tied for third place with a transaction volume of $16.3 billion each.

Source: Momentum Works

7. Flipkart Accelerates Entry into Quick Commerce

On July 18, it was reported that Flipkart plans to open nearly 100 "dark stores" in major cities before the "Big Billion Days" sale, under the brand "Flipkart Minutes," marking its entry into the quick commerce market. This service is currently in the testing phase and is expected to be officially launched within a few weeks. Flipkart aims to enhance its logistics capabilities through these "dark stores" to quickly respond to demand.

Source: Ebrun

8. Shopify Adds Discount Code Permissions for Draft Orders

On July 18, Shopify announced a new setting option that allows merchants to determine whether customers can apply discount codes to draft order invoices during checkout. This setting is available in the sending and sharing invoice process of draft orders, allowing merchants to access and adjust it anytime. Enabling this feature will help merchants more effectively manage the use of discounts to meet both merchant and customer invoice needs. By default, this feature is turned off, but merchants can choose to enable it based on their business requirements.

Source: Shopify E-commerce Standalone Site

9. Maersk Adjusts Booking Window for Asian Routes

On July 18, Maersk Shipping Company announced an important adjustment to its booking services for Asian routes, extending the booking window to 28 days. This adjustment specifically targets several key routes departing from Asia, including but not limited to the North American West and East Coasts, the South American West and East Coasts, Northern Europe, the Mediterranean, East and West Africa, South Africa, and the Middle East, Central Asia (including the Middle East and India), New Zealand, and Australia. Maersk stated that the booking window is calculated from the day the customer's booking is received until the vessel's estimated time of departure (ETD).

Source: Maersk

10. Emirates SkyCargo to Add Five Boeing 777 Freighters

On July 18, Emirates SkyCargo announced an order for five additional new Boeing 777-200 freighters, scheduled for delivery between 2025 and 2026. This $1 billion order follows the airline's previous investment in four new 777-200F aircraft, expected to be delivered in 2024, with a fifth 777-200F to be delivered in 2025.

Source: Cross-border E-commerce Logistics Expert Compilation

11. Emirates Post Subsidiary EMX Launches International E-commerce Service

On July 18, it was reported that 7X, a new brand of Emirates Post Group, recently announced that its logistics subsidiary EMX has launched a new international solution to provide fast and economical e-commerce parcel delivery services in the Gulf Cooperation Council (GCC) region. This new service, called EMX International, aims to simplify the delivery process for companies looking to expand to customers in Saudi Arabia, Oman, Kuwait, Bahrain, Qatar, and Jordan.

Source: State Post Bureau of the People's Republic of China

12. An Post Announces 2023 Performance

On July 18, An Post (Ireland Post) announced its 2023 performance and strategic transformation plan for 2024 to 2028. In 2023, An Post's e-commerce business continued to grow in both its domestic and international markets, delivering 52.7 million parcels last year, a 14% increase year-over-year. The company also saw a 27% increase in e-commerce return parcels handled last year, with parcel volume currently up 18% year-over-year in 2024.

Between 2024 and 2028, An Post expects to generate an additional €260 million to €300 million in revenue to offset the impact of declining letter volumes. By 2028, the company plans to achieve €1 billion in revenue and €100 million in EBITDA.

Source: China Post Express News

END  

Public Account: Cross-Border E-commerce Logistics Baixiaosheng