New EU product safety regulations come into effect, FedEx launches new freight routes

New EU product safety regulations come into effect today

On July 16, the new EU product safety regulations officially came into effect today. From today, sellers selling products on Amazon, eBay, AliExpress, and Wish platforms, if they want to sell products to the EU market, or sell specific types of products in the EU market (including toys, electronic products, personal protective equipment, cosmetics, medical devices and all other products that fall under the CE category), must have a designated responsible person in the EU market. Otherwise, it will be considered illegal and will face penalties such as warehousing ban, compensation, listing removal, and account suspension.

FedEx launches freight route from Beijing to the United States

On July 16, FedEx announced that it has added a new international cargo route from Beijing, China to Anchorage, the United States, which stops in Osaka, Japan, and connects to the FedEx Super Transit Center in Memphis, the United States. The route operates from Monday to Saturday, with 12 flights in and out of Beijing per week. It is reported that FedEx will currently operate more than 300 international flights per week in China.

Ozon's sales surge 800% in first half of the year

According to sales data released by Russian e-commerce company Ozon, sales of smart home products in Russia in the first half of this year increased eightfold compared with the same period in 2020. At the same time, the number of sellers selling smart devices on Ozon also increased 2.5 times compared with the same period last year. Among them, smart curtain openers, smart lights and sensors are the most popular among consumers.

Garment factory export orders surge

According to CCTV Finance, China's total clothing exports in the first half of this year reached US$71.5 billion, an increase of more than 40% year-on-year, and an increase of 9% over 2019. In this regard, a clothing company in Jiangsu said that the company's business declined sharply in the first half of last year, but it began to pick up in August and September. In the first half of this year, business has become more and more popular, with orders increasing by 40% year-on-year. The current orders have been scheduled until November, and the best-selling products are home and outdoor clothing.

Amazon and other tech giants face at least 70 antitrust investigations and lawsuits

On July 16, according to foreign media statistics, there are currently a total of 70 competition-related lawsuits or investigations against companies such as Apple, Amazon, Google and Facebook worldwide. Two years ago, these companies faced only 17 investigations and lawsuits.

Pinduoduo's cross-border e-commerce annual transaction volume increased fivefold year-on-year

On July 16, Pinduoduo announced that Duoduo International, which focuses on the transaction of imported goods, has become a new growth point for Pinduoduo. Since its launch in 2019, Duoduo International's total sales have reached more than 73 million pieces, and its annual transaction volume has increased by 5 times year-on-year, covering goods from more than 50 countries and regions around the world.

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