Amazon's sales on Prime Day are expected to exceed $11 billion, and eBay is the most popular e-commerce platform in Australia

Amazon's sales on Prime Day are expected to exceed $11 billion, and eBay is the most popular e-commerce platform in Australia

Amazon Prime Day 2021 is expected to exceed $11 billion

 

On June 17, according to a new survey conducted by Adobe, 58% of consumers plan to shop on Amazon Prime Day, and this year's Amazon Prime Day sales are expected to exceed 11 billion US dollars. In addition, Adobe predicts that clothing will be the category with the smallest growth in this year's Amazon Prime Day, because clothing is often discounted when the season changes, while toys and electronic products will still be the fastest growing categories.

 

 

eBay becomes Australia's most popular e-commerce platform

 

According to foreign media reports, Disfold recently announced the top ten most popular e-commerce platforms in Australia, among which eBay ranked first with more than 69 million visits per month, and Amazon ranked second with 22 million visits per month. In addition, according to Salesforce data, Australia's online sales revenue exceeded 22 billion euros in 2020, and it became the fastest growing country in e-commerce in the world in the second and third quarters of 2020.

 

 

Alibaba China suspends sales of drone-related products

 

On June 17, Alibaba China issued an announcement today that, in accordance with government regulatory requirements, it will suspend the sale of all related products such as cross-country drones, aviation models with beyond-visual-range flight capabilities, and ultra-small drones from now until July 15, 2021. At the same time, it is prohibited to publish promotional and teaching information about related products and flight activities.

 

Walmart's Flipkart asks Indian court to revoke antitrust probe

 

On June 17, it was reported that sources revealed that Flipkart, an Indian e-commerce platform owned by Walmart, has filed a lawsuit against the Indian court's decision to restart the antitrust investigation. Flipkart asked the court in the southern state of Karnataka to revoke the antitrust watchdog's investigation order against the company. This week, media reported that the antitrust regulator plans to speed up the investigation of Amazon and Flipkart's anti-competitive behavior allegations, while strengthening its scrutiny of large technology companies.

 

Cross-border money transfer and payment service platform Wise is reportedly planning to go public in London

 

On June 17, according to foreign media reports, Wise, a cross-border money transfer and payment service platform, plans to be listed on the London Stock Exchange this week or at the latest this month. It is understood that Wise was founded in 2011 and was originally named Transferwise. It began to enter the Asian market at the end of last year. It has raised a total of US$1.3 billion and the platform valuation exceeds US$12 billion. As the second largest instant money transfer platform in the UK, Wise can support currency transfers in more than 40 countries, and the total amount of money transfers and remittances processed worldwide exceeds 5 billion pounds per month.

 

 

Guangzhou cracked a huge cross-border e-commerce cosmetics smuggling case

 

According to news on June 17, Guangzhou Customs has recently successfully cracked down on a cross-border e-commerce channel smuggling gang, arrested 11 criminal suspects, and seized and counted more than 1,100 packages on the spot, involving more than 20 categories of daily skin care products and cosmetics, with a case value of about 200 million yuan. A relevant person in charge of Guangzhou Customs said that since the beginning of this year, the customs has always maintained a high-pressure situation in combating smuggling. From January to April, a total of 3,669 cases were filed, involving a case value of 7.6 billion yuan, of which 43 were major cases with a case value of more than 10 million yuan.

 

China's smart home device market shipments are expected to reach 250 million units in 2021

 

Today, the market consulting firm IDC released the "China Smart Home Device Market Quarterly Tracking Report, Q1 2021", which shows that the shipment volume of China's smart home device market in the first quarter of 2021 was 46.99 million units, a year-on-year increase of 27.7%. Upstream supply pressure is expected to continue throughout the year. It is estimated that the shipment volume of China's smart home device market in 2021 will be 250 million units, a year-on-year increase of 21.1%.


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