Amazon's official product selection tool is launched, and cross-border demand for auto parts on Wish platform surges

Amazon's official product selection tool is launched

Amazon's official product selection tool is now online, using big data and artificial intelligence algorithms to personalize and predict global demand for your products sold on the North American site. Currently, you can view sales opportunities in the UK, Germany, and Japan.  

Sellers can view the tool regardless of whether they have opened stores in the UK, Germany, and Japan. However, the interface that sellers see after clicking on the Seller Platform homepage will be slightly different. After entering the "Global Product Demand" homepage, sellers will see the target malls of the UK, Germany, and Japan. As long as the seller meets the requirements, they can see the demand recommendations of the corresponding malls.

Cross-border demand for auto parts surges, with total sales on Wish platform increasing 1.6 times

Auto parts products are ushering in an accelerated development period in 2021. According to the data from the Wish platform, auto parts products belong to high-quality categories with medium to high customer unit prices, and the sales growth of auto parts products is significantly faster than the overall growth of the platform. The sales growth of auto parts in the first quarter of 2021 was more than 2.6 times the overall growth of the Wish platform in the same period.

Russian e-commerce giant Wildberries launches US site

According to foreign media reports, Russian e-commerce giant Wildberries recently announced the launch of its US site, officially entering the US market. The United States has become the 14th country in which Wildberries conducts business worldwide. In addition to the website, Wildberries has also launched shopping apps for Android and iOS, available in English and Russian.

Home appliance sales surged 200%, with more than half of Indian consumers buying home appliances online

According to the latest survey conducted by Smart Home Guide in India, more than 50% of consumers surveyed have purchased home appliances online in the past year , and the demand for online kitchen appliances has increased by 200%. Affected by the epidemic, online shopping for home appliances has become a new trend in online consumption in India, and home appliances, laptops, and furniture have seen astonishing sales on major e-commerce platforms.

South Korean e-commerce giant Coupang enters Singapore

Recently, South Korean e-commerce giant Coupang entered the Singapore market, which is the platform's first overseas expansion. Currently, Coupang is recruiting new employees in Singapore, including retail supervisors, logistics supervisors, operations supervisors, senior front-end engineers (Coupang Play business) and other positions. The positions were first released last week.

AliExpress and Cainiao jointly launched the "Germany and Belgium Full Upgrade" to speed up logistics

Recently, AliExpress announced that in order to further meet the needs of platform merchants and consumers for faster logistics and timeliness, the platform and Cainiao launched the "Germany and Belgium full upgrade" combined logistics acceleration. It is expected that from April 10, 2021 (Pacific Time), AliExpress merchants who have signed up for the "72-hour online express delivery" will enjoy the logistics upgrade service for their products that meet the requirements of "72-hour online delivery".

Shopee Indonesia: Products with higher import taxes and taxes set as other categories will face deletion or store freeze

Recently, Shopee announced that from April 16, 2021, the Shopee Indonesia site will strictly supervise sellers' tax evasion behavior, that is, the goods sold by sellers belong to categories with higher import taxes, but are published or modified to other categories.

Shopee emphasized that once the platform finds out, the seller will face the penalty of deleting the product and freezing the store. Sellers must promptly confirm whether their product category settings are accurate. At the same time, if you need to appeal, please contact the account manager or Shopee cross-border customer service to provide proof of appeal and store related information.

Indonesian e-commerce platform Bukalapak receives $234 million in financing

Indonesian e-commerce platform Bukalapak has raised $234 million in a new round of financing led by Microsoft, Singapore sovereign wealth fund GIC and media group Emtek.

Bukalapak, which has been in business for 11 years and says it has more than 100 million users, is now planning to go public in Indonesia and has hired Mandiri Sekuritas, the securities arm of Bank Mandiri, before considering a merger with a U.S. special purpose acquisition company (SPAC), the sources said.

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