Amazon's first-quarter revenue was $108.5 billion, and Shopify's global sales reached $307 billion in 2020

Amazon's first quarter revenue is $108.5 billion

Amazon today released its first quarter financial report for fiscal year 2021 ending March 31. Amazon's total net sales in the first quarter were $108.518 billion, up 44% from $75.452 billion in the same period last year; net profit was $8.107 billion, up 220% from $2.535 billion in the same period last year.

Cross-border Communication's performance was revised, and a profit of 100 million yuan suddenly turned into a loss of more than 3 billion yuan

On the evening of April 29, Cross-border Communication disclosed a revised announcement of its 2020 performance forecast, predicting a net loss of 3 billion to 3.8 billion yuan in 2020. The company previously expected a profit of 100 million to 150 million yuan in 2020. Judging from the stock price trend, funds are also constantly fleeing from Cross-border Communication. From the high of 10.4 yuan in July last year, the stock has been falling all the way. The latest stock price is 3.9 yuan, a drop of 62.5% from the high.

Shopify's global sales reached $307 billion in 2020

According to the latest report released by Shopify, Shopify's global sales reached US$307 billion in 2020, and its total merchandise volume, GDP, employment, and total value of merchandise production increased by 125% year-on-year.

In terms of economic impact by region, Canada ranked third with total sales of $18 billion, behind only the United States and the United Kingdom. According to the report, more than 3,900 Canadian partners supported merchants on Shopify last year. In 2020, Shopify's Canadian merchants achieved $2 billion in exports.

Prime Day officially confirmed to be held in the second quarter

Amazon officially confirmed at the press conference of its first quarter 2021 financial report that Prime Day 2021 will be held in the second quarter. According to Amazon representatives, in order to avoid conflicts with the Olympic Games and summer travel schedules, this year's Prime Day will be advanced to June.

Shopee Singapore site payment cycle changes

Starting from May 3, 2021, the payment cycle of the Singapore site will be changed from twice a month to once a week. That is, the week when the order is completed is the billing cycle, and the week after the order is completed is the payment cycle. The Shopee platform will pay the seller within the payment cycle. The first implementation period of the new rules: the billing cycle is May 3-May 9, and the payment cycle is May 10-May 16.

Yandex Q1 2021: GMV increased to 17.7 billion rubles

Yandex has announced its financial results for the first quarter of 2021, with GMV in the first quarter increasing by 126% compared to the same period last year to 17.7 billion rubles.

The turnover of the entire Yandex e-commerce division (including services Yandex Market, Yandex Shop and Yandex Food) increased by 186% to 24.7 billion rubles in the first quarter . Third-party sellers' sales on Yandex increased by 66%, the number of active sellers on Yandex increased by 123%, and the number of users increased to 7.7 million.

COSCO SHIPPING Holdings' first quarter net profit was 15.452 billion  

COSCO SHIPPING Holdings released its first quarter financial report for 2021. During the period, the company achieved operating income of 64.843 billion yuan; net profit attributable to shareholders of the listed company was 15.452 billion yuan, an increase of 5200.62% over the same period last year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 15.408 billion yuan, an increase of 15.332 billion yuan year-on-year. Among them, the revenue of the container shipping business segment reached 63.522 billion yuan, an increase of 82.25% year-on-year, and the revenue of the terminal business segment reached 1.753 billion yuan, an increase of 12.23% year-on-year.

The number of small and medium-sized enterprises in Indonesia's e-commerce platforms has increased to 4.8 million

According to the Indonesian E-Commerce Association, as of March 2021, the number of Indonesian small and medium-sized enterprises joining e-commerce platforms has reached 4.8 million, an increase of 1 million from 3.8 million at the end of 2020.

Bima Laga, chairman of the Indonesian E-Commerce Association , said that e-commerce transaction volume increased significantly during the epidemic. For example, the transaction volume of Harbolnas, Indonesia's national online shopping day, increased from 6.1 trillion rupiah in 2018 to 11.6 trillion rupiah in 2020. Moreover, during the 2020 online shopping day, the transaction volume of local Indonesian products reached 5.6 trillion rupiah.

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