eBay UK announces launch of off-site advertising feature; Walmart tops US top 100 retail rankings

eBay UK announces launch of off-site advertising feature

Recently, eBay UK announced the launch of an off-site advertising feature , which will allow sellers' products to appear in external advertisements on search platforms or partner websites. It is reported that the off-site advertising feature will not incur additional costs for sellers, and the advertising rates are the same both inside and outside the eBay site. In addition, sellers who use promotional lists will automatically be eligible to appear in external promotional lists without taking any additional measures. It is worth noting that participating in off-site advertising is not mandatory, and sellers can choose to participate or opt out. Sellers who do not participate are also eligible to appear in eBay's external advertising.

Amazon's US tax cut proposal rejected

On July 28, according to foreign media reports, Amazon's tax reduction proposal was rejected at the Fort Wayne City Council meeting in Indiana. The three council members who supported the proposal believed that if the proposal was not passed, Amazon would choose to invest in other places and the city's citizens would lose many jobs. Those who opposed the proposal said that Amazon is a large company composed of wealthy investors and is capable of paying the corresponding taxes.

The 2021 US Top 100 Retailers List was released: Walmart topped the list

On July 28, the National Retail Federation recently released the 2021 "Top 100 U.S. Retailers" list. The list shows that Walmart, Amazon, and Kroger ranked in the top three, with corresponding retail sales of US$430.82 billion, US$187.27 billion, and US$131.57 billion, respectively.

Australian e-commerce platform Kogan's sales have grown for five consecutive years

Recently, Australian e-commerce platform Kogan released its performance report for the year ending June 30, 2021. Data shows that Kogan 's sales and earnings in fiscal 2021 have achieved five consecutive years of growth, with revenue growth of more than 56% and gross profit growth of more than 60%. It is reported that the growth of Kogan's performance is inseparable from the growth of its active users. Survey data shows that as of the first half of this year, Kogan's website active users have soared by 46% to more than 3 million.

Allegro launches first eco-friendly parcel lockers in Poland

On July 28, the online retail platform Allegro recently launched the first batch of environmentally friendly parcel lockers in Poland, and plans to further expand the scope this summer . Allegro said that the parcel lockers will implement the concept of environmental protection, use renewable energy, be equipped with air quality sensors, publish various air quality indicators at any time, and cooperate with local governments to create green spaces. It is reported that this autumn, if the density reaches a certain level, they will add parcel lockers as a delivery method for Allegro.

Indian D2C beauty brand MyGlamm receives $71.3 million in Series C funding

On July 28, according to foreign media reports, Indian D2C beauty brand MyGlamm announced that it had received $71.3 million in funding in its Series C round of financing. Investors in this round of financing include Amazon, Accel, Bessemer Venture Partners, L'Occitane, Ascent, Mankekar family, Trifecta, etc. It is reported that this round of financing has valued MyGlamm at more than $300 million.

YTO Airlines launches regular international cargo route from Kunming to Mumbai

In order to further promote the development of cross-border e-commerce and expand international business, YTO Airlines has opened a regular international cargo route from Kunming to Mumbai , with plans to operate three flights per week . A relevant person in charge of YTO said that YTO will continue to deepen cooperation with cross-border e-commerce to achieve seamless connection between land and air transportation.

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