Naver plans to develop retail business to counter the rise of Coupang, SF Express builds China's first cargo airport

South Korean online giant Naver plans to expand into retail business to counter the rise of Coupang

According to local media reports, South Korean Internet giant Naver is in talks with retailer Emart to form an alliance to leverage Emart's advantages in the fresh agricultural products sector to counter the rise of e-commerce company Coupang, which went public in New York, USA last week.

Prior to this, Naver had taken measures to launch "Naver Shopping Live" to suppress Coupang, and the company immediately responded by launching "Coupang Live".

Vipshop establishes new e-commerce company in Hainan

According to the Tianyancha App, Vipshop (Hainan) E-Commerce Co., Ltd. was established on March 15 with a registered capital of 5 million yuan. The legal representative is Shen Ya. The business scope includes import and export of licensed project goods, import and export of technology, Internet sales, venture capital, domestic freight forwarding, etc.

Global wearable device shipments reached 153.5 million units in the fourth quarter of 2020

Research firm IDC released a report, pointing out that in the fourth quarter of last year, global shipments of wearable devices reached 153.5 million units, a year-on-year increase of 27.2%. Among them, shipments of smart watches rose to 45.6%, while the growth rate of headset shipments slowed to 22%. Bracelet shipments fell to 18.3%, while headset shipments rose to 55.5%.

E-commerce fraud in Belgium quadruples during pandemic

According to Het Nieuwsblad in Belgium , e-commerce has developed rapidly during the COVID-19 pandemic, but the amount of e-commerce fraud has quadrupled compared to last year, with a total of 21.5 million euros in fraud reported in 2020, compared to only 5.2 million euros in 2019. The increase in online shopping has made scammers more professional.

SF Express is building China's first cargo airport

SF Express, China's largest package delivery company, will soon operate the country's first cargo airport, becoming a hub for its overseas business.

Huahu Airport , located in the inland city of Ezhou, is reportedly under rapid construction and is expected to be operational by the end of the year . The airport will connect China with the rest of Asia and enable the export of Chinese components and electronic products.

Professionals estimate that Huahu Airport will handle 3.3 million tons of cargo in 2030, which will make it fourth in the world, second only to Hong Kong and Memphis, USA.

Kazakhstan's epidemic rebounds, the capital will take isolation measures

On March 16, local time , the Ministry of Health of Kazakhstan announced that the epidemic in Kazakhstan is currently showing signs of rebound. The West Kazakhstan Province was listed as a red high-risk zone for the epidemic that day. Starting from March 21, the capital will implement isolation and restriction measures. Shopping malls, shopping and entertainment centers, indoor sports venues, postal services and other service centers will suspend business, and public transportation will also be suspended on Sundays.

Amazon pushes conspiracy theorist books

According to foreign media BuzzFeed News, conspiracy theorist David Icke spread rumors about the new coronavirus, and as a result, Facebook, Twitter, YouTube and Spotify banned his accounts. However, on the Amazon platform, Icke's books are still on the recommended list and ranked 30th on the Amazon bestseller list.

This highlights that there are certain problems with Amazon's search and book promotion mechanisms, so Tuters urged the Amazon platform to follow the example of other platforms, improve its book promotion mechanisms, collect reliable information about COVID-19 , and not spread bad information.

Naver plans to develop retail business to counter the rise of Coupang, SF Express builds China's first cargo airport