1. Eastern Air Logistics Releases 2024 Annual Performance Forecast

On February 7, Eastern Air Logistics released its 2024 annual performance forecast. The company expects to achieve a net profit attributable to its parent company of 2.5 billion to 2.9 billion yuan, an increase of 0.12 billion to 0.41 billion yuan compared to the previous year, representing a year-on-year growth of 0.48% to 16.56%. The net profit after excluding non-recurring gains and losses is forecasted to be 2.4 billion to 2.8 billion yuan, with a year-on-year increase of 2.65% to 19.76%.  

The company attributed the growth to the booming development of cross-border e-commerce, which has driven sustained growth in international air logistics demand and an increase in air freight rates. According to IATA data, global air freight demand grew by 8.2% year-on-year in November 2024, marking 16 consecutive months of growth. Data from the Civil Aviation Administration of China shows a 22.1% increase in cargo and mail transport volume in 2024.  

Source: Economic Observer

2. TikTok to Launch Logistics Services in Germany

On February 7, TikTok Shop is preparing to enter the German market and introduce TikTok Logistics Services (Fulfilled by TikTok, FBT). Based on the latest job postings, TikTok is hiring for roles related to logistics services in Germany, signaling the company's plans to offer fulfillment services. The service will assist sellers in storing, picking, packing, and shipping through TikTok's warehouse network, simplifying logistics management for sellers.  

Source: Trademagazin

3. JD Plans to Acquire Dada Group at a 42% Premium

On February 7, Dada Group announced that its board of directors received a preliminary, non-binding proposal from JD Group dated January 25, 2025. The buyer group proposed acquiring all of Dada Group's issued common shares at a price of $2.00 per ADS (or $0.50 per common share) in cash, representing a 42% premium over the last closing price before the proposal date. Dada’s board has formed a special committee of three independent directors to assess and review the proposed transaction.  

Source: Dada Group

4. UPS Plans to Reduce Amazon Delivery Business

On February 7, UPS announced that it has reached a preliminary agreement with Amazon to reduce its transportation volume by more than 50% by June 2026. At the same time, UPS revealed it is restructuring its U.S. network and launching a multi-year efficiency program expected to save approximately $1 billion.  

Source: Bian Niushi

5.Amazon Updates Inbound Configuration Services

On February 7, Amazon Logistics announced adjustments to its inbound configuration services for standard-size items, effective from February 20, 2025. The "Partial Shipment Split" option will be canceled, and two new options, "Amazon Optimized Shipment Split" and "Minimal Shipment Split," will be introduced. For "Minimal Shipment Split," sellers can still choose their preferred inbound region (West, Central, or East U.S.). The "Partial Shipment Split" option for large items will remain.  

Source: Amazon

6. Shopee Extends Delivery Cut-off Time for Malaysia Local Stores

On February 7, Shopee extended the logistics delivery cut-off time for Malaysia local stores in February 2025 to ensure a smoother logistics experience during the February promotional period. Specifically, Shopee took measures to extend the cut-off time for SPX Express delivery points, with the adjustment applying only to selected SPX Express delivery points.  

Source: Shopee

7. TikTok E-commerce Opens Cross-border Self-Operated Seller Enrollment for UK

On February 7, TikTok is preparing a new cross-border self-operated (POP) e-commerce solution for the UK market, with enrollment expected to open in late February 2025. The exact date will depend on official platform announcements. Interested sellers can familiarize themselves with the enrollment requirements and prepare in advance.  

Source: Chuhai Net

8. TikTok Shop Mall Updates Seller Eligibility Standards

On February 7, TikTok Shop Southeast Asia Cross-border announced an update to its seller eligibility standards for TikTok Shop Mall, effective from February 7, 2025. The new standards require stores to maintain a rating of 3.5 or higher, applicable to all sellers participating in the program. Specific requirements also apply to sellers in Malaysia.  

Source: TikTok Shop

9. Indian E-commerce Platform Meesho Secures $270 Million in New Funding

On February 7, Indian e-commerce platform Meesho announced it has secured $250 million to $270 million in new funding, bringing its total funding to approximately $550 million. The funding round was primarily completed through the secondary market, with investors including Tiger Global, Think Investments, and Mars Growth Capital. The company is also accelerating its IPO preparation process.  

Source: Brandark

10. Ezhou Huahu International Airport Handles 6,100 Tons of Cargo During Spring Festival

On February 7, Hubei Civil Aviation reported that during the recent Spring Festival holiday, it transported a total of 7,577.3 tons of cargo and mail, supporting 7,457 flights. Ezhou Huahu International Airport completed 145 cargo flights, a 154% increase year-on-year, and achieved a cargo and mail throughput of 6,100 tons, a 280% year-on-year increase.  

Source: Dashi Cross-border

11. China Has Built Over 2,500 Overseas Warehouses

On February 7, Xinjiang Horgos Railway Port reported a large accumulation of containers during the Spring Festival, with goods being transported to Belt and Road countries via China-Europe trains. The number of China-Europe trains passing through the port has continued to increase during the holiday, with more than 22 trains departing daily. Efficient supply chain systems are supported by high-quality infrastructure. China has now built over 2,500 overseas warehouses, forming a network that opens new channels for product exports.  

Source: CCTV Finance

12. Guangdong Aims to Exceed 1 Trillion Yuan in Cross-border E-commerce Import-Export Value by 2025

On February 7, Guangdong's provincial government held a high-quality development conference, during which it released the "Guangdong Province Modern Industrial System Construction 2025 Action Plan." The plan sets a target for Guangdong to host or participate in more than 300 overseas exhibitions and about 200 domestic exhibitions in 2025, boosting exports through cross-border e-commerce. The province aims to surpass 1 trillion yuan in cross-border e-commerce import-export value in the same year.  

Source: China News Service  

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Official Account: Cross-border E-commerce Logistics Baixiaosheng