Shopee plans to move its overseas warehouse in the Philippines, Biden accuses Amazon of tax evasion

Shopee's overseas warehouse in the Philippines plans to move

According to Shopee's official announcement, the address of the overseas warehouse in the Philippines will change due to warehouse upgrades. Sellers should contact the first-leg logistics provider when shipping and use the new overseas warehouse address in the Philippines. The new warehouse is expected to start receiving goods after May 15. The specific time of receiving goods will be fed back through the results of the warehouse reservation. Packages that have not been booked will be directly rejected.

The announcement also shows that Shopee will formulate a warehouse relocation plan based on the actual situation of the store to ensure that the impact on the seller's store operations is minimized during the relocation period. After the relocation is completed, Shopee will evaluate the impact of the plan on the seller's store and then formulate a corresponding incentive plan to compensate the seller.

Biden slams Amazon for tax evasion

According to foreign media reports, US President Biden criticized Amazon for tax evasion in a speech in Pittsburgh . He mentioned that 91 Fortune 500 companies took advantage of various loopholes and did not pay federal income tax , and Amazon was one of them . This is in stark contrast to middle-class families who pay a tax rate of more than 20%.

Amazon later denied the allegation.

"Lepin" maliciously imitated "Lego" and was ordered to pay 30 million yuan in infringement

The Guangdong High People's Court announced on April 1 that it had made a final judgment on the case between "LEGO" and "LEPIN" for trademark infringement and unfair competition of the series of logos, and ordered "LEPIN" to compensate "LEGO" for related economic losses of 30 million yuan .

Meizhi has been copying Lego toys for four years, infringing on Lego's eight registered trademarks and one influential business name. The Guangdong High Court held that Meizhi's infringement lasted for a long time, was large in scale, and made a lot of profit, and was highly designed and organized. The malicious intent of Meizhi's imitation of Lego was obvious, which was a serious infringement and should be severely punished .

Amazon announces resumption of office hours

According to Bloomberg , as the number of people vaccinated against the new coronavirus in the United States increases, some industries have begun to introduce plans to resume office work. Amazon said in an internal memo this week that it expects to allow a small number of U.S. employees to return to the office in the summer , and most employees will resume on-site work in the fall .

The company said 10% of its employees in Asia have returned to offices, and workers in some European countries may not return until later due to vaccine distribution issues .

Japan designates Amazon as one of the targets of new law

On April 1, Kyodo News reported that Japan's economy and industry designated Amazon, Google, and Apple, three American companies, and Rakuten Group and Yahoo, two Japanese companies, as the subjects of the new law to regulate IT giants. The law stipulates that the above-mentioned companies are obliged to disclose contract terms and strive to make transactions with client companies transparent. The Japanese-style regulation of IT giants has officially started. The new law is the "Law on Improving Transparency and Fairness of Specific Digital Platforms" implemented in February.

Operators of online shopping malls with a total domestic circulation of more than 300 billion yen and app stores with a total circulation of more than 200 billion yen are also subject to regulation.

European online cross-border market value reaches 146 billion euros in 2020

According to foreign media reports, in 2020, the value of the European online cross-border market reached 146 billion euros, an increase of 35% over last year. Cross-border sales accounted for 25.5% of total online sales in Europe. The cross-border share is slowly rising , from 22.8% in 2018 to 23.55% in 2019, and is now heading towards 26% or even higher .

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