Amazon will impose taxes on orders from two US states, TikTok launches new advertising plan

Amazon to impose taxes on orders from two US states

According to an announcement released by Amazon, starting from July 1, 2021, Amazon will begin collecting taxes on orders sold to Florida and Kansas in accordance with changes in tax laws in these two states. At that time, sellers do not need to update their tax settings or seller accounts, because existing tax calculation settings, order details, and payment reports will be automatically updated.

TikTok launches Shop Local Saturday advertising program

In order to support small and medium-sized enterprises in Southeast Asia to expand the visibility and influence of their products, the short video app TikTok announced the launch of the Shop Local Saturday advertising program. It is understood that the program will be implemented on June 4. Sellers participating in the program can enjoy various exposures and convert more users into their own customers.

eBay users surge in Czech and Slovakia

According to foreign media reports, eBay is booming in the two Central European countries of the Czech Republic and Slovakia. Since the outbreak, the number of sellers from Slovakia on eBay has increased by 12% year-on-year to 4,100, and the number of sellers from the Czech Republic has increased by 28% to 7,500. It is reported that in 2020, Slovaks bought more than 49,000 items on eBay last year, and the most popular categories include collectibles, electronics, accessories, fashion, home gardening, etc. In addition, auto parts, electronics, fashion, industrial and commercial supplies, and collectibles are also favored by Czechs.

SK Telecom denies transferring its e-commerce platform 11street shares to Amazon

On June 7, according to Yonhap News Agency, South Korea's SK Telecom denied plans to sell part of its e-commerce platform 11Street's shares to the US e-commerce giant Amazon. SK Telecom said in a statement that the company and Amazon have cooperated on the service of directly purchasing Amazon products through 11Street, but there is no transfer of shares.

South Korean retailers Shinsegae and Lotte Shopping reportedly bid for eBay Korea

On June 7, according to Yonhap News Agency, South Korean retail giants Shinsegae and Lotte Shopping submitted bids to acquire eBay Korea, South Korea's third-largest e-commerce retailer. The two retail giants submitted letters of intent to eBay's Korean subsidiary, SK Telecom and private equity firm MBK Partners, the largest shareholder of discount chain Homeplus.

China Post urgently opens temporary charter flight route from Zhengzhou to the United States

On June 7, China Post Group urgently opened a temporary chartered flight route from Zhengzhou to the United States to ease the backlog of international mail at key ports at midnight on June 6, ensuring that the backlog of international mail from Beijing, Shanghai, Guangzhou and Shenzhen can be quickly shipped out of the country via Zhengzhou Port. It is reported that according to the existing transportation capacity, this dispatch will complete the shipment of about 400 tons by the end of June.

Canada Post reports pre-tax loss of $77 million in first quarter of 2021

On June 7, Canada Post recently announced its first quarter results for 2021. In the first quarter, Canada Post's parcel business revenue increased by 38.4% year-on-year, and business volume increased by 27.3%; transaction mail volume decreased by 6.9%, and revenue decreased by 4.4%; direct mail revenue decreased by 8.8%. Canada Post Group's pre-tax loss in the first quarter was 19 million Canadian dollars, compared with a pre-tax loss of 53 million Canadian dollars in the same period last year.

In the first five months, Alashankou exported 18.6208 million cross-border e-commerce parcels

On June 7, data from Urumqi Customs showed that in the first five months of 2021, Alashankou exported 18.6208 million cross-border e-commerce parcels with a value of 257 million yuan, an increase of 28.43% and 8.05% year-on-year respectively.

The demand for cross-border e-commerce operation talents in the first quarter increased by nearly 2 times year-on-year

According to a report provided by Zhaopin.com, in the first quarter, the demand for traditional foreign trade sales positions showed a year-on-year decline, while the demand for cross-border e-commerce operations increased by 190.9% year-on-year. The survey shows that the demand for cross-border e-commerce operations positions mainly comes from Guangdong Province, accounting for 51.6% of the total national demand, of which Shenzhen and Guangzhou alone accounted for 48.8% in total.

Amazon

TikTok

News