Cowen released eBay's hot-selling categories in the first quarter of 2021, and Amazon's advertising business accelerated growth

Cowen reveals eBay's hot-selling categories in the first quarter of 2021

A few days ago, Wall Street firm Cowen released a research report before the release of eBay's 2021Q1 financial report, which analyzed the market overview of eBay in the first quarter of 2021. The report shows that eBay's fastest-growing categories in the first three months of 2021 are electronics, clothing, sporting goods, and household goods. Cowen also released some results from its proprietary survey of eBay consumers, and pointed out that the young consumer group (18-34 years old) on eBay is growing fastest.

Amazon's advertising business is growing faster

Jungle Scout recently released the 2021 Amazon Advertising Report, which analyzed advertising data of more than 560,000 advertising campaigns and 3,500 brands, agencies, and third-party sellers on Amazon.

The report shows that 74% of US consumers search for products on Amazon.com, and more than half (56%) of consumers say that if they could only buy a product from one store, it would be Amazon. In addition, nearly four in ten (37%) US consumers say that their online spending is increasing, even though overall spending may be lower than normal.

AliExpress Russia: Russian buyers' demand for furniture and decorations surges during Easter

Analysts at AliExpress Russia reviewed Easter sales and found that Russian buyers' domestic demand for baking trays, home decorations and kitchen tools has increased significantly, with an average per capita expenditure of 1,500 rubles. It is reported that sales of home decorations in Russia increased 12 times year-on-year in April, among which Easter egg decorations are the most common. It is understood that sales of Easter candles have also increased 11 times. Buyers usually choose egg-shaped decorative candles with stickers and candles in the shape of Easter cakes, with an average per capita expenditure of 250 rubles.

U.S. e-commerce transaction volume approaches $800 billion in 2020  

The United States ranks second in the global e-commerce market, second only to China, accounting for 18.5% of global digital sales . According to the U.S. Department of Commerce retail data, U.S. e-commerce transactions reached $791.07 billion in 2020. Digital Commerce 360 ​​said that the e-commerce penetration rate in the United States reached 19.6% last year , and online sales accounted for nearly three-quarters (74.6%) of total retail sales in 2020 .

Amazon Japan announced that products containing lithium batteries will be included in the cooperative carrier program

Amazon Japan recently announced that starting from April 22, 2021, dangerous goods containing lithium batteries can also be delivered through Amazon's partner carriers. There are also preferential subsidies for using Yamato as a partner carrier to create deliveries.

Amazon will offer discounts to all Professional Selling Plan sellers who choose Yamato as their partner carrier from April 22, 2021 to October 15, 2021, with each account receiving up to 15,000 yen in inbound shipping fee reductions.

Xiaohongshu considers $1 billion IPO in the U.S. this year

According to market sources, Xiaohongshu plans to conduct an IPO in the United States around the middle of the year , raising about $500 million to $1 billion. It is reported that Xiaohongshu conducted a round of private financing in January 2020, raising $400 million to $500 million, bringing its valuation to about $6 billion. The website shows that Xiaohongshu has about 300 million registered users and more than 100 million monthly active users.

Indonesian e-commerce platform Bukalapak launches live streaming function

It is learned that Indonesian e-commerce platform Bukalapak announced a partnership with Singapore's BeLive to launch the platform's live broadcast function Bukalapak Live. Bukalapak's 13.5 million sellers can use BeLive to live broadcast products to users. Sellers can also synchronize live broadcast content to other platforms, such as Facebook Live, YouTube Live or Twitch, to maximize their influence.

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