AliExpress will modify the domestic return model, and Shopee Singapore site has changed the payment cycle

AliExpress domestic return mode will be changed to courier return

Recently, AliExpress announced that it is optimizing the domestic return mode. The original driver return or courier return mode has been changed to all courier returns (a small number of packages that do not meet the courier return size and other requirements will still be brought back by the driver) . AliExpress also reminded that in order to ensure that the returned packages can be signed for accurately and in a timely manner, sellers are requested to confirm whether the return address in the system is accurately and in detail filled in. The country in the return address must be "China" and the language must be "Chinese".

Shopee Singapore site payment cycle has been changed to once a week

Shopee recently announced that starting from May 3, 2021, the payment cycle of the Singapore site will be changed from twice a month to once a week. Shopee also emphasized that orders completed between April 16 and May 2 will be paid uniformly between May 3 and May 9.

South Korea's cross-border e-commerce online shopping volume increased by 44.2% year-on-year in the first quarter of 2021

According to preliminary statistics released by the National Statistical Office of Korea on the 6th, the total amount of online shopping transactions in South Korea in March this year increased by 26.4% year-on-year to 15.8908 trillion won (about 91.4 billion yuan). In the first quarter of this year, South Korea's cross-border e-commerce sales decreased by 23% year-on-year to 1.1782 trillion won. During the same period, cross-border e-commerce online shopping increased by 44.2% year-on-year to 1.4125 trillion won, setting a record for the largest amount and increase since the relevant statistics began in 2014. By country, online shopping from China increased by 223.6%. By product group, clothing and related products increased by 33.2%.

Bezos sells $2.5 billion in Amazon stock

Today, Amazon founder Bezos sold $2.5 billion of Amazon stock, the first large-scale stock sale by Bezos this year. As early as 2020 , Bezos sold more than $10 billion worth of stock. According to documents filed by the SEC , Bezos sold about 739,000 shares this week according to a pre-arranged trading plan. Another document showed that he planned to sell up to 2 million shares .

Ningbo export container freight index hits record high

According to statistics released by Ningbo Shipping Exchange, during the period from April 24 to 30, Ningbo's export container freight index closed at 2577.8 points, up 7.0% from last week. The comprehensive index broke through the high point before the New Year and set a new record. Due to strong demand, key routes such as Europe and the Middle East are experiencing tight space and sharp price increases.

Alibaba ranks first in the world in GMV in 2020

Recently, the United Nations Conference on Trade and Development released its latest report. Affected by the epidemic, online retail of e-commerce increased from 16% of total retail sales in 2019 to 19%. Among them, Chinese e-commerce sales accounted for 24.9%, and Alibaba, which ranked first, had sales of US$1.145 trillion, nearly twice that of Amazon, which ranked second, at US$575 billion.

Zhengzhou will host the 5th Global Cross-border E-commerce Conference

It is reported that the 5th Global Cross-border Electronics will be held in Zhengzhou on May 10. The conference is themed "Buy Globally and Sell Globally" and will be held in the form of a combination of "1+4+1" forum and exhibition. The forum will last for one day and the exhibition will last for three days. The conference is jointly sponsored by the Provincial Department of Commerce, Zhengzhou Municipal Government, China International Electronic Commerce Center, China Service Trade Association, and the Ministry of Commerce International Trade and Economic Cooperation Research Institute.

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