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FanYuan International Plans to Acquire at Least 60% Equity in a Company; Temu Expands into Spain and Italy; DHL Express Puts New Service Center into Operation

News source: author: 2025-03-12 Page View:4
Introduction:FanYuan International Plans to Acquire at Least 60% Equity in a Company; Temu Expands into Spain and Italy; DHL Express Puts New Service Center into Operation


1. Temu Expands into Spain and Italy


On March 12,
it was reported that Pinduoduo's cross-border e-commerce platform, Temu, officially launched in Spain and Italy, offering a wide range of products, including clothing, beauty, home goods, and electronics. Temu adopts a low-price plus subsidy model and collaborates with local logistics companies to ensure delivery within 7-10 days. Analysts believe that Temu’s expansion is challenging the market shares of SHEIN and Amazon in Europe, bringing more cost-effective options to European consumers.


Source: Baiyun Network


2. FanYuan International Plans to Acquire at Least 60% Equity in a Company


On March 12,
FanYuan International announced that the company (as a potential buyer), Shunchang KuaiDa Holdings Co., Ltd. ("potential seller"), and KuaiShun Investment Co., Ltd. ("target company") have entered into a non-legally binding memorandum of understanding regarding the company’s proposed acquisition of no less than 60% equity of the target company, which is currently 100% owned by the potential seller. The acquisition price will be further negotiated and determined by the contracting parties. According to the memorandum, a deposit of HKD 1.5 million should be paid to the potential seller within 15 calendar days of signing. Additionally, the business synergy between the target company and the group will improve operational efficiency and cost optimization, further strengthening the group's competitive edge in the cross-border logistics sector.


Source: Logistics Intelligence


3. DHL Express Puts New Service Center into Operation


On March 12,
DHL Express announced the official operation of its Liaocheng service center, becoming the first international express company to establish a directly operated facility in the area. As of now, DHL Express has direct service coverage in nearly 90% of prefecture-level cities in Shandong Province, offering higher quality and more efficient logistics services for local enterprises looking to go global. After the opening of the Liaocheng service center, local goods will undergo initial processing at the center and then be transferred to DHL Express' Jinan Shared Service Center for further handling. From there, they will be exported from Qingdao port to countries along the "Belt and Road" in the Asia-Pacific region, such as Vietnam, Thailand, and Malaysia, as well as other parts of the world. The average transfer time has been reduced by more than 30% compared to before.


Source: DHL


4. China Southern Airlines Logistics Opens New Cargo Route


On March 12,
a Boeing 777 cargo plane carrying over 80 tons of electronic products landed smoothly on the tarmac of Harbin Taiping International Airport, marking the opening of the Guangzhou-Harbin-Mexico City international cargo route. Under the supervision of Harbin Taiping Airport customs officers, the cargo plane was refueled with 107 tons of bonded jet fuel through an underground pipeline. This is the first all-cargo route attracted by Heilongjiang Province since the launch of bonded fuel services, with plans to operate two flights per week on Thursdays and Sundays. The route flies from Harbin to South America and is currently the longest route with the largest refueling volume at Taiping Airport.


Source: Northeast Network


5. TikTok Shop Spain Launches New Logistics Function


On March 12, TikTok Shop Spain launched a new logistics feature aimed at simplifying the product shipping process, allowing sellers to use a free parcel pickup service until April this year.
 Sellers can choose between delivery point or warehouse pickup to manage shipments. If choosing in-store pickup, sellers must meet a minimum of five parcels per pickup; those who fail to meet this requirement will be charged €1.90 (excluding VAT) per parcel from May onwards. After activating the feature, TikTok Shop will automatically assign GLS to the seller's account, enabling automatic shipping label updates. Delivery times remain at 2-3 business days. Sellers using warehouse shipping cannot drop off parcels at GLS collection points.


Source: TikTok Shop


6. Shopify Optimizes Multi-Variant Product Management


On March 12,
Shopify introduced several new features to help merchants manage multi-SKU and multi-variant products more efficiently. A new unified file manager has been added to the variant product details page, allowing merchants to view all product images with one click and intuitively display variant information such as colors and sizes, improving the shopping experience for customers. Additionally, the default sorting of product search results has been changed from "alphabetical order" to "most recent creation date," ensuring that the latest products are displayed first. Furthermore, the sorting of purchase order and shipment search results has been adjusted to "by expected arrival date (future dates first)," allowing merchants to quickly see incoming stock and better manage inventory. It is worth noting that Shopify Payments has discontinued support for Meta Pay quick checkout, and merchants need to adjust their payment options. These updates aim to enhance operational efficiency and support business growth.


Source: Shopify


7. Xiaohongshu Ventures into Cross-Border E-Commerce with Global Expansion Plan


On March 12,
Xiaohongshu announced its "Xiaohongshu E-commerce Global Expansion Plan," which provides a comprehensive solution for merchants expanding abroad by integrating online transactions, trade exports, cross-border payments, and localized operations. After signing an agreement to become a global merchant, merchants can use Xiaohongshu’s content ecosystem to showcase their products across multiple formats, including posts, livestreams, and stores. The first phase of the “Xiaohongshu E-commerce Global Expansion Plan” already covers the U.S., Hong Kong, and Macau markets, leveraging Xiaohongshu's content and community advantages at home and abroad to help merchants overcome geographical barriers and drive cross-border sales growth.


Source: MSN


8. Ozon Introduces Post-Order Address and Delivery Method Modification Feature


On March 12,
Ozon announced a new feature that allows marketplace customers to change their delivery address and method after placing an order. According to Ozon, this update is designed to reduce the number of order cancellations caused by incorrect addresses or delivery methods and improve the customer shopping experience. Under the new feature, customers can change the address and delivery method for each order once. If the order is in a "pending payment" status, customers can switch the delivery method from courier to pickup, and vice versa.


Source: Ozon


9. Hualu Airport Achieves Cumulative Cargo and Mail Throughput of 1.47 Million Tons


On March 12,
 it was reported that Hualu Airport completed a cargo and mail throughput of 200,000 tons in 2025. Since the airport began operations, it has accumulated a total cargo and mail throughput of 1.47 million tons, including 1.025 million tons in 2024, 245,000 tons in 2023, and 46.8 tons in 2022. The airport has opened 93 domestic and international cargo routes.


Source: Xinhua News Agency


10. Zhengzhou Airport Reaches 55 Full-Cargo Routes


On March 12,
data showed that in the first two months of 2025, Zhengzhou Airport handled over 126,000 tons of cargo and mail, with international cargo volume growing by 54.4% year-on-year. Of this, 103,000 tons were transported via 55 full-cargo routes, representing a 61% year-on-year surge. The 40 international cargo routes connecting Europe, America, and the Asia-Pacific region played a key role in the Zhengzhou aviation hub, with international and regional cargo volume reaching 78,000 tons, up by 54.4% year-on-year.


Source: Henan Traffic Radio


11. Shenzhen Airport Sets Record for Import-Export Cargo Volume in First Two Months


On March 12,
it was reported that Shenzhen Airport achieved a record import-export cargo volume of 148,000 tons in the first two months of this year, up 22.9% year-on-year, setting a new high for the same period. This included 33,000 tons of imports and 115,000 tons of exports, with year-on-year growth of 11.7% and 26.5%, respectively.


Source: General Administration of Customs


12. YTO and ZTO Projects to Be Established in Harbin


On March 12,
it was reported that the YTO Express Heilongjiang Smart Innovation Park Project and ZTO Express Co., Ltd.’s Harbin E-commerce Industrial Park Project have been included in Harbin’s 2025 key reserve projects for the service industry, with a total investment of RMB 950 million for the two projects.


The YTO Express Heilongjiang Smart Innovation Park Project is large in scale and is expected to handle an average of 6 million parcels per day once operational. This will significantly enhance YTO’s parcel processing capacity in Heilongjiang Province and effectively extend to surrounding areas, accelerating the flow of parcels and providing efficient logistics support for e-commerce, manufacturing, and other industries, helping local products reach national and even global markets faster.


ZTO Express Co., Ltd.’s Harbin E-commerce Industrial Park Project is also attracting attention, with a total investment of RMB 650 million. Once completed, the local processing capacity is expected to increase by 16%, further consolidating ZTO’s position in the Harbin express market. This will also provide strong support for Harbin’s development of trade with Russia and promote regional economic integration. The deep integration of e-commerce and logistics will promote the upgrade of local industries.


Source: Heilongjiang Postal Administration

END

Official account: Cross-border E-commerce Logistics Baixiaosheng


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