Australia Post increases its shipping capacity to meet the winter online shopping peak, and Etsy platform searches for thick rings increase by 474%

Australia Post is increasing its delivery capacity to meet the winter online shopping peak

According to foreign media reports, Australian e-commerce is about to usher in a winter sales peak, and the annual online shopping carnival " Click Frenzy " is about to begin. As Australian consumers prepare for winter online shopping, Australia Post is also increasing its capacity to meet the online shopping peak.

Australia Post pointed out that in the 12 months to the end of March, the growth rate of Australian e-commerce was as high as 56%.   More than 1.1 million consumers in Australia shop online each month compared to two years ago, and in 2021, one in two households will shop online every month.

Etsy releases 2021 spring and summer accessories trends , with searches for chunky rings up 474%

Recently, Etsy released the 2021 Spring and Summer Accessories Trend Report. The report pointed out that according to Etsy's search results on its website from February to April, vintage clothing accessories have become popular. For example, the search volume for headscarves and hair bands has increased by 104% and 82% respectively, the search volume for daisy accessories has increased by 124%, and the search volume for thick rings has increased by 474%.

Claw clips, thick rings, headbands, pearl necklaces, vintage jelly handbags, hairpins, daisy decorations, and plaid patterns are predicted to be popular.

EU to introduce more extreme new tax framework

CRS is coming with great force, and cross-border tax evasion has become untraceable. All countries are cracking down on tax evasion and tax avoidance, and the EU intends to introduce a more extreme new tax framework to repair the public finances and crack down on radical tax avoidance.

90% of cross-border sellers have VAT problems. If they pay 1:1, the price difference with their competitors is 20%, which means they have no advantage. If they give up their stores, they will lose all the sales weight they have accumulated with great difficulty. In the long run, sellers will enter the stage of collecting and paying taxes on behalf of others and truthfully declaring taxes. Don't take chances. Only compliance can help companies develop better.

Amazon's new rules: Submit delivery service provider and delivery method, VTR must reach 95%

Amazon UK has announced a series of new policies: sellers must provide information about delivery service providers and delivery methods, and provide a valid logistics tracking ID to complete orders. In addition, Amazon also requires sellers to achieve a VTR of 95%. The following is the announcement:

Starting April 19, 2021, sellers must provide delivery service provider and delivery method information during the shipment confirmation process. If this information is not provided, the order cannot be completed. In addition, sellers must provide a valid logistics tracking ID for all trackable orders.

Philippine e-commerce service platform Great Deals completes US$30 million Series B financing

Great Deals , a Philippine e-commerce service platform, announced that it has received US$30 million in Series B financing, led by Philippine logistics company Fast Group, and followed by CVC Capital Partners, Navegar and others.

The investment from Fast marks the beginning of a strategic partnership between the two parties. Fast has more than 2,500 vehicles and its distribution network covers 90,000 stores. Great Deals will use part of the new funds to build an automated logistics center, increase penetration outside the Greater Manila area, and provide more instant services, with delivery within an hour.

Target achieved unexpected growth in the first quarter of 2021! Net income increased more than six times

Target recently released its first quarter financial report for 2021. As of May 1, Target's quarterly net sales increased by 23.3% year-on-year to US$23.88 billion, more than twice the growth rate in 2020.

In addition, Target's first-quarter net income increased more than sixfold to $2.1 billion, compared with $284 million in the same period last year. In terms of e-commerce, Target's comparable digital sales increased by 50% in the first quarter of 2021, compared with 141% in the same period last year. Target said that clothing was Target's fastest-growing category during the quarter, with sales soaring by more than 60%. Sales of home furnishings increased by around 30%, and sales of health products continued to be strong.

The Middle East gaming market cannot be underestimated, and sales of computer gaming accessories are extremely hot

According to the latest report by GfK, a world-renowned market research company , the pandemic has changed the consumption habits of people in the Middle East, but games have become a dark horse in the Middle East in the post-pandemic era, and their impact cannot be underestimated. Later, the Chinese live broadcast company Yalla Ludo firmly ranked first in the Middle East social entertainment list. Even though the main profit point is still in the social part, games have brought a large wave of traffic to Yalla, and its game revenue has increased significantly.

According to a GfK consumer survey, 46% of Saudi respondents spent more leisure time playing games during the curfew.

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