1. JD Expands International Express Services to 11 More Asian Countries

On November 4, JD International Express announced the expansion of its services to 11 more Asian countries, including the UAE, Saudi Arabia, Qatar, Oman, Jordan, India, Pakistan, Bangladesh, Nepal, Kazakhstan, and Mongolia. Consumers in these countries can now receive international deliveries from JD. Over the past month, JD Logistics has also launched express delivery services to Japan, South Korea, Singapore, Malaysia, Thailand, and other Southeast Asian countries. With its continuous business expansion, JD International Express now serves nearly 50 key countries and regions worldwide.

Source: JD Logistics

2. TEMU Tops Brazil's September Download Charts

On November 4, it was reported that TEMU's active users grew by 31% in September. With 5.8 million downloads, TEMU topped the download charts in Brazil, far surpassing competitors like Shopee and Mercado Libre, which had 2.5 million downloads each. Considering that TEMU has only been operating in Brazil for four months, this achievement is remarkable, contrasting sharply with the industry’s average download decline of 19%.

Since entering the Brazilian market in June, TEMU has quickly won over local consumers, reaching 25 million active users in September. TEMU is now one of the three most-used shopping apps in Brazil, trailing only Mercado Libre with 35 million users and Shopee with 34 million.

Source: Ebrun

3. Amazon to Expand Charter Business

On November 4, it was reported that Amazon is in discussions with Sun Country Airlines to expand their air cargo partnership. Sun Country currently operates 12 Boeing 737-800 converted freighters in Amazon’s domestic air network, supporting next-day and two-day deliveries. Amazon leases these aircraft to Sun Country for operation.

Amazon plans to use its narrow-body aircraft fleet for charter business and has recently introduced a profitable line of business that sells excess cargo capacity to third-party logistics (3PL) companies and other firms seeking air freight services. One option for shippers is to lease an entire aircraft when Amazon’s air operations are not at full capacity.

Source: FreightWaves

4. Loctek’s Two New Overseas Warehouses Set to Open

On November 4, it was announced that Loctek's global warehouse strategy is advancing with new warehouse facilities in the UK and Canada. The warehouses, located in Toronto, Canada (320,000 square feet) and Northampton, UK (130,000 square feet), are set to open on November 15. These large-scale warehouses will help sellers expand into new markets. With 15 dock doors and excellent order processing capabilities, the facilities, managed by a professional team, will provide efficient cross-border logistics services.

Source: Loctek Overseas Warehouses

5. DHL Increases Investment with New Gateway Facility

On November 4, DHL announced further investment in Malaysia with the launch of a new Kuala Lumpur gateway facility valued at MYR 300 million, marking DHL's largest local investment to date. This move is part of its strategy to strengthen its Asia connections. Previously, the company invested MYR 13 million to establish the Prai Service Center in the Batu Kawan Industrial Park, Penang, and MYR 11 million in the Southern Malaysia gateway. Julian Neo Poh Choon, Managing Director of DHL Express Malaysia and Brunei, said the new Kuala Lumpur gateway will support Malaysia’s thriving import-export activity, aligning with the country's growing international trade.

Source: DHL

6. Amazon Reports $158.88 Billion in Q3 Revenue

On November 4, Amazon released its Q3 FY 2024 financial report. The company's net sales for Q3 reached $158.88 billion, an 11% year-on-year increase, while net profit grew by 55% to $15.33 billion. Operating profit was $17.41 billion, a significant increase from $11.19 billion in the same period last year. Diluted earnings per share (EPS) reached $1.43, up from $0.94 in Q3 last year. Amazon's third-quarter revenue and EPS exceeded Wall Street analysts' expectations, driving the company's stock up nearly 6% in after-hours trading.

Source: Amazon

7. Amazon Business Dominates the B2B E-commerce Market

On November 4, DigitalCommerce360’s latest 2024 B2B market research report revealed that Amazon Business, with over 6 million customers, continues to expand aggressively. Amazon Business is the undisputed leader in the B2B e-commerce space. The report highlights that 60% of buyers make over a quarter of their purchases through Amazon Business, and 28% say more than half of their purchases are made on the platform. However, 12% of buyers said they don’t buy any products on Amazon Business, and 29% preferred other platforms for procurement.

Source: DigitalCommerce360

8. AliExpress Enhances Cross-border Business Environment

On November 4, it was reported that AliExpress has optimized its after-sales policies ahead of its global 11.11 shopping festival. The platform has addressed concerns over “refund-only” policies and malicious refund requests, simplified the return process, and significantly reduced merchants' after-sales costs, giving sellers more confidence to stock up and participate in this major annual growth opportunity. This year’s AliExpress 11.11 event will run for eight days starting on November 11 (following the local time zones of key countries), with overall investment doubling compared to last year.

Source: 36Kr

9. Ozon Changes FBS Delivery Rules

On November 4, it was announced that Ozon will change its FBS (Fulfillment by Seller) delivery rules starting November 5 by introducing recommended shipping times. If goods are submitted before the recommended time, Ozon will transfer them for delivery on the same day. If delivered after the recommended time, it will be considered late, and penalties will apply. A 1% penalty of the product’s value will be charged for delays within 24 hours, 3% for delays of 24-48 hours, and 5% for delays over 48 hours. This adjustment will greatly impact sellers with weekend warehouse closures or longer product preparation times.

Source: Ozon

10. Mercado Libre Tops Amazon in Brazil’s E-commerce Market

On November 4, it was reported that Brazil’s e-commerce market experienced a 2.4% decline in overall visits in September. Despite this, Mercado Libre maintained its position as the leader with over 320 million visits, representing a 13.3% market share. Shopee followed with an 8.7% share, while Amazon ranked third with a 7.4% share. Mercado Libre's continued dominance highlights its strong market competitiveness in Brazil's e-commerce sector.

Source: Conversion

11. MSC Announces New Rates from Asia to Europe

On November 4, MSC, the world’s largest shipping company, announced new Freight All Kinds (FAK) rates for Asia to Mediterranean routes, effective from November 15 to November 30, 2024. The new rates will apply to all Asian ports, including Japan, South Korea, and Southeast Asia, for shipments to Europe.

Source: MSC

12. Maersk Launches New Route

On November 4, Maersk launched a new route, with the maiden voyage of the vessel MERATUS BINTAN docking at Nansha Phase II Terminal, marking the official opening of the PHXM Southeast Asia route in the Nansha Port Area. The route, operated exclusively by Maersk, will call at ports in Shenzhen, Nansha, and Manila, with a capacity of 1,700 TEU and a weekly service frequency. Cargo can be transported from Nansha to the Port of Manila in just 42 hours.

Source: One Shipping

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