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Temu's Global Downloads Surpass 735 Million; SF Airlines and Etihad to Form Joint Venture; Amazon Launches New Supply Chain Services

News source: author: 2024-09-20 Page View:3
Introduction:Temu's Global Downloads Surpass 735 Million; SF Airlines and Etihad to Form Joint Venture; Amazon Launches New Supply Chain Services

1. Temu Global Downloads Surpass 735 Million


On September 20, it was reported that Temu's app has been downloaded over 735 million times, according to the latest data from Stocklytics. In August alone, Temu’s global downloads reached nearly 55 million, a 42% year-on-year increase. May, June, and July downloads also exceeded 50 million each, tripling those of Amazon. This has brought Temu’s cumulative downloads to 735 million.  


Source: Stocklytics

 

2. SF Airlines to Form Joint Venture with Etihad Cargo


On September 20, Etihad Airways and SF Airlines signed a Memorandum of Understanding in Shenzhen, officially planning to establish a joint venture. The partnership will further integrate their resource advantages, deepening collaboration in air cargo and providing comprehensive logistics solutions for global customers.  


Source: Fengcai Yiyi

 

3. Amazon Launches Comprehensive Managed Supply Chain Service


Amazon announced on September 20 the launch of a new fully managed end-to-end supply chain service. The service will be available to all U.S. sellers starting in October, with plans to expand globally by the end of the year. Sellers can opt for the fully managed service by inputting product details and pickup locations, with Amazon handling the rest, including carrier pickup, inventory consolidation, strategic replenishment, and distributing products to the nearest fulfillment centers. 


Additionally, Amazon will continuously analyze and optimize supply chain processes based on demand, inventory levels, and costs. Sellers using the service will enjoy discounts on U.S. warehousing and distribution (AWD), including a 25% discount on AWD storage fees and a 15% reduction in AWD shipping and handling costs.  


Source: Amazon

 

4. SF's International Business Exceeds 6 Billion for Two Consecutive Months


On September 20, SF Holding released its August business report. SF maintained steady growth in August with a total revenue of 22.981 billion yuan, up 13.36% year-on-year. Express logistics generated 16.346 billion yuan in revenue, a year-on-year increase of 8.58%, with 1.043 billion orders processed, up 14.62%.  


The supply chain and international business segment showed exceptional growth, with revenue reaching 6.635 billion yuan, up 27.16% year-on-year. SF's supply chain and international business revenue has exceeded 6 billion yuan for two consecutive months, with a year-on-year growth rate of around 30%.  


Source: SF Holding

 

5. China Southern Airlines' Cargo Volume in Shanghai Increases by 30%


On September 20, it was reported that China Southern Airlines Logistics saw over 30% year-on-year growth in cargo volume in the Shanghai region in early September, with electronics shipments increasing by 24%. The East China Regional Marketing Center noted a significant rise in demand for transporting seafood and other fresh products, and the volume of cargo flights to Europe and North America has also surged due to new electronic product launches.  


Source: Pudong Release

 

6. J&T Express Establishes New Partnership in Saudi Arabia


On September 20, J&T Express signed a memorandum of understanding with the Royal Commission for Jubail and Yanbu in Shanghai’s Qingpu District. The memorandum outlines their intention to cooperate in logistics services within the economic zones under the Commission's jurisdiction. J&T will leverage its expertise in express logistics to contribute to the development of logistics infrastructure in these zones, while also leading industry chain collaboration to attract more e-commerce and logistics businesses.  


Source: Yibao

 

7. Ozon to Adjust Last-Mile Delivery Fees


On September 20, Ozon announced it will adjust its "last-mile" logistics fees starting from October 1. Previously, the service cost was 5.5% of the product price, capped at 500 rubles. After the adjustment, the cap remains, but the 5.5% limit will be removed. This change may result in low-cost products becoming unprofitable due to delivery costs, with the final service charge only being confirmed after an order is completed on the platform.  


Source: Ozon

 

8. Dianxiaomi ERP Fully Integrates with Shein Europe’s 5 Sites


On September 20, it was reported that Shein’s semi-managed service has launched in Europe, covering Germany, the UK, France, Italy, and Spain. As an official partner of Shein, Dianxiaomi ERP has fully integrated with these five European sites, supporting the entire sales process from listing products to managing orders and inventory. With this, Dianxiaomi ERP has now integrated with all seven of Shein’s semi-managed sites, including the U.S. and Mexico.  


Source: Dianxiaomi

 

9. TikTok Introduces Strict Penalties for Cross-border Fulfillment Violations


On September 20, TikTok announced stringent cross-border fulfillment violation management measures for its U.S. and UK sites, including fines and account freezes. Merchants who violate the rules may face direct penalties such as the deduction or freezing of sales revenue, deposits, or pending payments.  


To protect merchants' rights, TikTok Shop has implemented an appeal mechanism, allowing sellers to appeal penalties within 48 hours of receiving notice. Merchants are required to prepare and submit relevant documentation to support their appeal. TikTok Shop reserves the right to adjust appeal rules to ensure fairness.  


Source: TikTok

 

10. Shopify Adds Payment Terms to Draft Orders


On September 20, Shopify announced a new update to its draft order feature, allowing merchants to attach invoices with payment terms when sending draft orders to B2B customers. This update gives customers time to review the selected products and prices before payment. Customers can review the products and prices on the order and complete the payment according to the terms set within the invoice timeframe.  


Source: Shopify Ecommerce Platform

 

11. PIL Launches Direct Shipping Service from China to Chittagong  


On September 20, Pacific International Lines (PIL) announced it has resumed and optimized its direct shipping service from China to Chittagong, Bangladesh—China-Chittagong Express (CCE). The service operates three weekly departures, directly sailing from Ningbo and Shanghai to Shenzhen Shekou, then directly to Chittagong, reducing transit time to just 8 days, much faster than the traditional 20-day route via Singapore or Malaysia. The move aims to support the rapid delivery of raw materials for Bangladesh’s garment industry, amid rising demand and increased Chinese imports following trade disruptions with India.  


Source: PIL

 

12. Yangtze River Delta Exports Surpass 10 Trillion Yuan in First 8 Months


On September 20, the regions of Shanghai, Jiangsu, Zhejiang, and Anhui released their foreign trade data for the first eight months of 2024. The Yangtze River Delta region collectively achieved an export-import value of over 10.5 trillion yuan, with Jiangsu, Zhejiang, and Anhui averaging a foreign trade growth rate of 7.8%, surpassing the national average.  


Source: EBRUN

 

END

Public Account: Cross-border E-commerce Logistics Baixiaosheng


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