1、Temu Requires All Products to Provide EU and UK Representatives

 On August 7, it was announced that starting from August 15, all electronic products sold on Temu's European sites must include the information of a UK Authorized Representative (UK Rep) and an EU Authorized Representative (EU Rep) on their packaging labels. Otherwise, they may be removed from the European and UK markets. Products bearing the CE or UKCA mark that are manufactured outside the EU or the UK and sold within these regions must designate a responsible person within the EU or the UK, or they will be considered illegal.

Source: Qijingchuhai

2、COSCO Shipping Holdings' Southeast Asia E-commerce Overseas Warehouse Officially Established

On August 7, it was reported that the Singapore overseas warehouse project, customized by COSCO Shipping Holdings' Southeast Asia company for Midea's e-commerce, was successfully established and received its first batch of goods. The Southeast Asia company provides Midea with full-container shipping, import customs clearance, full-container delivery to the warehouse, goods receipt, verification and shelving, and inventory management services. Leveraging the advanced WMS/OMS systems of the warehouse, real-time monitoring of inventory and platform orders is achieved, enhancing the visibility and management efficiency of the project, thus providing customers with a more convenient and efficient transportation service experience.

Source: COSCO Shipping Holdings

3、A Logistics Supply Chain Company Resumes IPO Guidance Filing

 On August 7, it was reported that Qiao Yi Logistics Co., Ltd. has resumed its guidance filing with the Guangdong Securities Regulatory Bureau, with Dongya Qianhai Securities Co., Ltd. as the guiding institution. According to the official website, Qiao Yi Logistics, established in January 2010, is a company listed on the "New Third Board" and provides professional and high-value full-chain logistics solutions. Qiao Yi's application for a GEM IPO was accepted in March 2023, with the first round of review inquiry letters issued on the same day, and the second round in July of the same year. Both inquiry letters have been answered. In June this year, Qiao Yi Logistics submitted an application to the Shenzhen Stock Exchange to withdraw its initial public offering and mainboard listing application documents.

 Source: Xueqiu

4、SF Express CEO Wang Wei Reveals New Development Directions

On August 7, Huang Shen, Secretary of the Party Group and Director of the Guangdong Provincial Postal Administration, met with Wang Wei, Chairman of SF Express Group, in Guangzhou. They had in-depth discussions on accelerating the high-quality development of SF Express in Guangdong, strengthening industry safety supervision, and safeguarding the legal rights of couriers.

Wang Wei introduced SF Express's development plans, network layout, and social responsibility efforts in Guangdong in recent years. He stated that with the strong support of the Guangdong Provincial Party Committee, Provincial Government, and Guangdong Postal Administration, SF Express has made significant progress and development driven by the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. Wang pointed out that SF Express will lead the way in new productivity in the industry, closely aligning with national development goals and the economic and social livelihood of Guangdong. They will ensure the public's delivery service needs, continuously deepen the full-process management of production, delivery, and information safety in the industry, safeguard the legal rights of couriers, deeply participate in the construction of rural delivery logistics systems, and hope that the Provincial Postal Administration will continue to support SF Express's operations and development in Guangdong, helping the company achieve faster growth.

Source: Guangdong Provincial Postal Administration

5、for Large Item StorageAmazon AWD Opens 

 On August 7, it was announced that Amazon AWD has recently opened for large item storage. Through AWD, automatic replenishment to FBA will not incur inbound configuration service fees, and the storage fee is only $0.48 per cubic foot per month with no seasonal price adjustments, effectively helping sellers reduce storage costs. Additionally, AWD can handle warehouse transfers for sellers, achieving consolidated warehousing and simplifying supply chain management.

Source: Amazon Global Selling

6、Amazon Reduces Remote Fulfillment Fees Between the UK and the EU

 On August 7, it was announced that Amazon's Remote Fulfillment (EURF) between the UK and the EU has undergone significant upgrades: it now covers more sites, including new additions of the Netherlands and Sweden, beyond the existing UK, Germany, France, Italy, and Spain. Additionally, remote fulfillment fees from the EU to the UK have been reduced by 26%-59%, helping sellers test new products across European sites at lower costs. By using EURF, sellers can store their products in Amazon fulfillment centers in the UK or the EU, to fulfill orders for the EU or UK, without needing VAT or inventory in the destination country.

 Source: Amazon Global Selling

7、Dunhuang.com Launches "Seller Comprehensive Index Assessment" Project

On August 7, Dunhuang.com announced that to maintain platform ecology and ensure the health index of seller stores, it will upgrade the refund rate special control plan and launch the "Seller Comprehensive Index Assessment" project. The project will be implemented from two dimensions: positive incentives and negative governance, aiming to help sellers improve store operations, better serve buyers, and increase store repurchase rates and satisfaction.

Source: Dunhuang.com

8、Shopify Flow Upgrades with New Features

 On August 7, Shopify Flow upgraded its automated marketing and trigger search functions. Merchants can create and manage automated marketing campaigns through the Shopify backend, including templates provided by Shopify Email or third-party apps, or directly create, copy, import, or export the desired automated marketing from scratch using Shopify Flow. While building automated marketing workflows, merchants can access all triggers and actions within Shopify Flow, input order, customer, and product IDs in triggers, and quickly filter and lock related workflows. Merchants can also view all workflow lists in Shopify Flow, and performance metrics such as coverage, sessions, orders, and conversion rates will be recorded in marketing activities, which can be viewed by navigating to Marketing > Automation in the Shopify backend.

Source: Shopify E-commerce Platform

9、Ozon's Q2 GMV Grows 70% Year-on-Year

On August 7, Russian e-commerce platform Ozon released its financial report for the second quarter of 2024. The report shows that Ozon's turnover in the second quarter reached 633.2 billion rubles (approximately $7.43 billion), a year-on-year increase of 70%; the group's total revenue was 122.5 billion rubles, a year-on-year increase of 30%; e-commerce revenue was 109.7 billion rubles, a year-on-year increase of 21%; adjusted EBITDA was -70 million rubles, a year-on-year decrease of 70 million rubles; and net loss was 28 billion rubles, compared to 13.1 billion rubles in the same period last year.

Source: Ozon

10、Hong Kong Air Cargo and ZTO Express Group Sign Cooperation Agreement

On August 7, Hong Kong Air Cargo held a strategic cooperation memorandum signing ceremony with ZTO Express Group at its headquarters. This cooperation aims to further strengthen the collaboration between the two parties in the field of air cargo and jointly promote industry development. According to the memorandum, Hong Kong Air Cargo will provide aircraft hosting services and charter services for ZTO Express. This cooperation will fully leverage the advantages of both parties in the field of air cargo, improve logistics efficiency, meet the growing market demand, and further enhance Hong Kong Air Cargo's strategic intercontinental routes.

Source: HK Air Cargo

11、Zhengzhou-Paris Cross-border E-commerce Cargo Flight Route Successfully Launched

 On August 7, a CMA CGM Air Cargo A332F freighter took off from Zhengzhou Xinzheng International Airport, marking the official opening of the new cross-border e-commerce cargo flight route from Zhengzhou to Paris. This flight, operated by Zhongdamen International Logistics in conjunction with CMA CGM Air Cargo, carried over 50 tons of e-commerce goods to Charles de Gaulle Airport in France, including more than 40,000 cross-border e-commerce parcels covering multiple categories. The official opening of this route not only creates a new efficient air channel for the export of "Made in China" cross-border e-commerce goods to Europe and the world but also further highlights Zhengzhou's important position as an international air cargo hub. The route is scheduled to operate five flights per week, specifically on Mondays, Tuesdays, Wednesdays, Fridays, and Saturdays, flying directly from Zhengzhou to Paris Charles de Gaulle Airport.

Source: Zhengguan News

12、CMA CGM Implements New Rates for Europe to the U.S. and Mexico

On August 7, CMA CGM announced that starting from September 1, it will implement a rate restoration initiative for cargo originating from or transiting through all Northern European ports. This includes Northern France, the UK, Ireland, Scandinavia, Poland, the Baltic States, Portugal, and Northern Spain (Bilbao, Vigo, Gijón), destined for the U.S. East Coast, U.S. Gulf, Mexico, and all inland destinations accessible through these ports. The rate restoration levels will be $250 per 20' container and $500 per 40'/40'HC/45' container for both dry and refrigerated containers.

Source: Ebrun

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Official Account: Cross-Border E-commerce Logistics Baixiaosheng