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Maersk considers acquiring DB Schenker; SF Express launches fulfillment service for the first time in the country.
Release Date:2024.03.15 Cate:News1. Maersk considers acquiring DB SchenkerOn March 15th, it was reported by Danish business media Børsen that Maersk is accelerating preparations for the acquisition of DB Schenker, following the withdrawals of Kuehne+Nagel and DHL from the acquisition process.Mr. Søren Skou, CEO of Maersk, expressed interest in acquiring the German logistics company DB Schenker for the first time during the four
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TEMU to Launch Semi-Managed Model This Month;Global Largest Ocean Freight Forwarder Dexion Announces Acquisition of Asian Logistics Company
Release Date:2024.03.14 Cate:News1. TEMU to Launch Semi-Managed Model This MonthMarch 14th news: TEMU, a cross-border e-commerce platform under Pinduoduo, plans to launch a semi-managed model later this month, providing an opportunity for some cross-border e-commerce companies to settle in.It is reported that under the semi-managed model, product pricing will still be managed by TEMU. Relevant companies pointed out that distincti
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Get ready for the most powerful lineup of guests! See you at the Seventh Cross-border Logistics Trends Summit on March 28th!
Release Date:2024.03.13 Cate:NewsOn March 28, 2024, the "Seventh Cross-border E-commerce Logistics Trends Summit" will be held at the Hyatt Hotel at Shenzhen Airport.For this summit, we have invited a stellar lineup of guests including:1. Government Official Think Tanks2. Top Industry Experts3. Industry Leaders4. Renowned Overseas CompaniesThese distinguished guests will convene to delve deeply into the new trends, mode
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The list of finalists for the 2024 Xiaosheng Ranking has been announced!
Release Date:2024.03.13 Cate:NewsSince the solicitation for the 2024 Xiaosheng Ranking, we have received active participation and strong support from many enterprises in the industry. We have also witnessed the outstanding strength and relentless efforts of numerous companies within the industry. After comprehensive evaluation and review by the Xiaosheng Ranking Organizing Committee, we congratulate 23 enterprises for becoming fi
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TEMU releases tax-related information statement for the market;UPS releases a global e-commerce logistics report
Release Date:2024.03.13 Cate:News1. Zhang Yiming denies matters related to the acquisition of TikTok.On March 12th, it was reported that Bobby Kotick, former CEO of video game publisher Activision Blizzard, had approached potential partners such as OpenAI with the idea of acquiring TikTok and had also contacted Zhang Yiming, CEO of ByteDance, expressing interest in acquiring it. In response to the news that "former CEO of Ac
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Zhang Yiming denied the acquisition of TikTok. RRD Supply Chain signed a cooperation agreement with a cross-border logistics company.
Release Date:2024.03.12 Cate:News1. Zhang Yiming denies the acquisition of TikTokMarch 12th news: Previously, the Wall Street Journal quoted informed sources as saying that Bobby Kotick, the former CEO of video game publisher Activision Blizzard, had proposed the idea of acquiring TikTok to potential partners such as OpenAI, and also contacted Zhang Yiming, CEO of ByteDance, expressing acquisition interest. In response to the new
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Emerging and rising with unlimited potential, 6 companies make the list!
Release Date:2024.03.12 Cate:NewsIn the cross-border logistics industry, there is a group of companies shining like bright stars, emerging with astonishing growth rates. They focus on niche vertical markets, precisely positioning themselves to provide customers with specialized and customized logistics solutions.They are brave in opening up new markets, actively exploring new models, and continuously tapping into development pote
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Break through boundaries, innovate leading the way, 5 companies make the list!
Release Date:2024.03.12 Cate:NewsIn the industry, there is a group of companies driven by innovation, leading the trend of development, daring to break through tradition, and constantly exploring new models and technologies to provide customers with efficient, convenient, and reliable logistics solutions.They are not only providers of logistics services but also promoters of industry innovation and development. By continuously op
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Total revenue of 11.6 billion yuan! 10 Small Parcel Line and Overseas Warehouse companies made it to the list!
Release Date:2024.03.11 Cate:NewsThe 2024 Xiaosheng Ranking Lists for "Most Promising Small Parcel Line Companies" and "Most Promising Overseas Warehouse Companies" have been released!A total of 10 companies were listed in the Small Parcel Line and Overseas Warehouse categories, with a combined total revenue of 11.675 billion yuan in the just concluded 2023 fiscal year.Among them, the 5 Small Parcel Line compa
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Shein will invest $430,000 in six DFS branches; J&T Express signs contract with Salla, Saudi Arabia's largest e-commerce platform.
Release Date:2024.03.11 Cate:News1. Shein to Invest $430,000 in Six DFS BranchesOn March 11th, Shein, a fashion e-commerce platform, announced an expanded partnership with Dress for Success (DFS) branches locally. DFS, a non-profit organization, aids women in their professional and personal growth by providing support networks, professional attire, and development tools, thus promoting economic independence among women.Shein will
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Total revenue of 13 billion! The top ten FBA logistics companies are unveiled!
Release Date:2024.03.08 Cate:NewsThe "2024 Xiaosheng Rankings: Top Ten FBA Logistics Enterprises" have been announced!This year, the top ten FBA logistics enterprises achieved a total revenue of approximately 13.067 billion yuan in 2023, with a year-on-year growth rate of 19.96%. The performances of the top ten FBA logistics enterprises in terms of total revenue for the years 2023, 2022, and 2021 were 13.067 billion yua
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Temu's sales in the United States grew by 840%; global logistics giant DHL withdrew from acquiring DB Schenke.
Release Date:2024.03.08 Cate:News1、Temu's Sales in the U.S. Surged by 840%On March 8th, it was reported that Temu's growth rate and customer loyalty in the United States continue to rise. Temu's sales in the U.S. increased by 840% between January 2023 and 2024, reaching a staggering 1100% during the 2023 holiday shopping season. In terms of customer loyalty and retention, 28% of users made repeat purchases on the pla
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How has the landscape of the cross-border logistics industry evolved? The highly anticipated release of the 2024 Xiaosheng Ranking!
Release Date:2024.03.08 Cate:NewsThis is the fourth year that we are releasing the "Xiaosheng Ranking".As the first list reflecting the growth of enterprises and the industry landscape in the field of cross-border e-commerce logistics in China, the Xiaosheng Ranking has become a benchmark for brand endorsement and industry landscape evolution in the cross-border e-commerce logistics field, attracting high attention from
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UPS Builds New Logistics Warehouse; Swift Response to Suspension of Small Parcel Business; SHEIN and Shopee Make Moves in Brazil!
Release Date:2024.03.01 Cate:News1.SHEIN Announces Expansion into Brazilian Market from Rio de JaneiroMarch 1st News: SHEIN has announced plans to expand its brand in Brazil in 2024, with a focus on Rio de Janeiro, Minas Gerais, Paraná, Santa Catarina, and Rio Grande do Sul. The expansion project is set to begin in RJ in the first quarter of this year before moving to other states.Source: SHEIN2.JITU Officially Responds to Suspe
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Jitu International Small Packet Service May Halt Operations; Daifuku Group's Largest Acquisition Approved!
Release Date:2024.02.28 Cate:News1.International Small Packet Service by Jitu Express May Halt OperationsOn February 28th, due to strategic planning adjustments, Jitu Express's small packet service products will suspend operations across all routes on February 29th. Orders affected include regular, initial leg, delivery, and reforwarding orders. The discontinued products include Jitu Global Line - Standard General Cargo JET-H
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Cai Chongxin: Cainiao is Waiting for a Better Opportunity for Hong Kong IPO; Huakai Yibai Acquires Another Company
Release Date:2024.02.27 Cate:News1.Two Well-Known Freight Forwarding Companies to Merge OperationsOn February 27th, Frankfurt-based freight forwarding company Quick Cargo Service (QCS) announced that, in order to expand their service scope, QCS and Team Global Logistic will merge their respective businesses. Following the completion of the transaction, both companies will operate under the QCS brand to ensure the continuity of QC
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SF Express Plans to Resubmit Listing Application in Hong Kong; TikTok's Semi-Enclosed E-commerce Business Launches in 8 Major Countries
Release Date:2024.02.26 Cate:News1.SF Express Plans to Resubmit Listing Application in Hong KongFebruary 26th: SF Holdings plans to resubmit its listing application in Hong Kong, aiming to raise $1 billion to $2 billion. The previous application expired on February 21st. The fundraising target is expected to be lower compared to last year's anticipated $2 billion to $3 billion. SF Holdings initially submitted its listing appl
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Amazon closes its air freight facility in the United States; Alibaba International Station semi-managed goes online; Another cross-border best seller prepares for listing
Release Date:2024.02.20 Cate:News1.Ali International Station Semi-Managed Officially LaunchedOn February 20th, Ali International Station Semi-Managed was officially launched in six countries including the United States, Canada, Mexico, the United Kingdom, Germany, and France. Goods participating in semi-management are labeled with "Alibaba Guaranteed," indicating accurate delivery time, fixed prices, and after-sales gua
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Temu Splashes Millions of Dollars Again for Super Bowl Ad, SF Express Plans Another Acquisition of Kerry Business, WISH to Be Acquired
Release Date:2024.02.19 Cate:News1.Temu Launches Super Bowl Ad AgainOn February 19th, following its debut last year, Temu once again invested heavily in advertising during the 58th NFL (National Football League) Super Bowl, offering an additional $10 million in giveaways. Google Trends showed a significant surge in Temu's search volume after the advertisement aired.Source: First Financial Daily2.SF Express Plans to Acquire Ke
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Temu Opens Fully Managed Onboarding;This Logistics Giant Acquires Well-Known Freight Forwarding Company Again
Release Date:2024.02.06 Cate:News1.Temu's Semi-Managed Service Opens for Onboarding in AdvanceOn February 6th, according to official information from TEMU, the peer-to-peer (P2P) model is now open for onboarding, and the application process is consistent with the fully managed model. Under the P2P model, businesses based overseas can import consumer orders and handle shipping and fulfillment independently.Source: Pinduoduo Cr
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Temu Launches Two New Sites;Cainiao Plans Fast-tracked Listing in Hong Kong in Q1
Release Date:2024.02.05 Cate:News1.Temu Launches New Sites in Brazil and TaiwanOn February 5th, Temu expanded its online presence by launching two new sites dedicated to Brazil and Taiwan. With this move, Temu further broadens its business scope. As of now, Temu has established sites in 49 countries and regions, covering continents such as Europe, Asia, the Americas, and Oceania. According to insiders, the platform is set to offi
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Temu Becomes the Largest Advertiser in the United States; JD's Overseas Expansion Extends to 24 European Countries
Release Date:2024.02.04 Cate:News1.TikTok Shop Indonesia Business Merges with TokopediaOn February 2, Indonesian tech giant GoTo announced the completion of TikTok's acquisition of 75.01% of the shares of GoTo's e-commerce subsidiary, Tokopedia, for a total of $840 million. Through this transaction, TikTok Shop's business in Indonesia merges with Tokopedia to form PT Tokopedia. TikTok has committed to a long-term inve
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Another Cross-Border Giant Supplier Aims for IPO; Three Major Airlines Expected to Reduce Losses by Nearly a Trillion in 2023
Release Date:2024.02.01 Cate:News1.Amazon Achieves Fastest Delivery Speed EverOn February 1, it was reported that Amazon added nine specialized same-day delivery service hubs in 2023, continuing to enhance the speed of delivering goods to customers. In 2023, Amazon achieved its fastest Prime member delivery speed ever. As of now, Amazon has delivered over 7 billion items to Prime members through same-day and next-day delivery, wi
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Amazon Logistics Remote Delivery Launches in Brazil; Alibaba Overtakes Pinduoduo in U.S. Stock Market Value!
Release Date:2024.01.31 Cate:News1.Several Listed Airlines and Airports Release 2023 Performance ForecastsOn January 31, listed airlines and airports successively issued estimated financial reports for the year 2023.For airlines, Hainan Airlines expects a net profit attributable to shareholders of the listed company ranging from 300 million to 450 million yuan; Spring Airlines anticipates a net profit attributable to shareholders
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DHL Further Increases Airfreight Capacity between Asia and the Americas;Significant Increase in Global Airfreight Demand in January
Release Date:2024.01.30 Cate:News1.Maersk and MSC Adjust Shipping RoutesNews on January 30th: Maersk announced a series of adjustments to its maritime network covering India and the Middle East trade. A new round-trip route has been opened in Colombo to facilitate the transshipment of goods between the Mediterranean and the Indian subcontinent. Maersk also announced four new services to strengthen its intra-West Asia network, con
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Amazon Launches New Warehousing and Logistics Services; Oriental Selection to Collaborate with TikTok for Overseas Expansion
Release Date:2024.01.29 Cate:News1.Amazon Officially Launches Multi-Channel Distribution FunctionalityOn January 29th, Amazon Global Store announced that since the official release of "Supply Chain by Amazon" in September, a series of products to help sellers integrate and optimize the supply chain have been gradually introduced. Starting from January 26th, a new feature in the bulk warehousing process, Amazon Multi-Cha
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Temu launches semi-managed services; JD Logistics and ZTO International have new actions in cross-border logistics.
Release Date:2024.01.25 Cate:News1.Temu launches semi-managed servicesOn January 25th, following the fully managed model, Temu, the cross-border e-commerce platform under Pinduoduo, officially introduced "semi-managed" services. According to official information, the first phase of semi-managed services is scheduled to launch on March 15th at the U.S. site and will expand to major European sites by the end of the month.
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The Four Little Dragons Dominate the 2023 Global Shopping App Growth Chart; Amazon Reveals Best-Selling Products in the First Quarter on its Latin American Platform
Release Date:2024.01.24 Cate:News1.Four Little Dragons" Dominate the 2023 Global Shopping App Growth ChartNews on January 24th reveals that the latest "2024 Mobile Market Report" from authoritative data analysis firm data.ai shows that the top 4 in the global shopping app download growth chart for 2023 are all taken by the Chinese e-commerce giants known as the "Four Little Dragons." These include Temu, S
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Anjun Sao Paulo Airport Express Supervision Warehouse is officially delivered!
Release Date:2024.01.23 Cate:NewsOn January 18th, the product launch event for Anjun Logistics in 2024 and the delivery ceremony of the international express customs supervision warehouse at Brazil's GRU Airport concluded successfully in São Paulo, Brazil.Workers are installing Anjun's logo on the walls of the customs supervision warehouseGuests attending this grand event include Zhang Guanghua, President of the Brazilia
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A cross-border e-commerce plan is set to go public in Hong Kong; Flexport secures $260 million in new financing
Release Date:2024.01.23 Cate:News1.Ezhou Huahu Airport opens the "Ezhou = Moscow" international freight routeOn January 23rd, a Boeing 757 aircraft took off from Moscow Sheremetyevo International Airport in Russia and successfully landed at Ezhou Huahu Airport. Four hours later, it returned to Moscow carrying 30 tons of general cargo, marking the official opening of the "Ezhou = Moscow" full freight route at E
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