More than 30 countries, over 8,000 products, the 55th Overseas Shopping New Year Festival is here!

More than 30 countries, over 8,000 products, the 55th Overseas Shopping New Year Festival is here!

As the Spring Festival approaches, many residents have started to buy New Year's goods, and even the demand for foreign products has begun to surge. In order to provide consumers with a convenient overseas shopping channel, 55 Haitao announced that it will officially open the New Year's Goods Festival on February 4.

 

55 Overseas Shopping is Fully Prepared for the New Year Shopping Festival

 

It is reported that in preparation for this year's New Year Festival, 55 Haitao has gathered more than 8,000 products from more than 30 countries on five continents around the world. The products sold cover multiple categories such as beauty and personal care, clothing and bags, sneakers and fashion shoes, mother and baby products, food and health care, outdoor sports, watches and accessories, etc.

 

In order to boost the shopping volume during the Lunar New Year Shopping Festival, 55 Haitao has also launched a number of humanized services:

 

During the Lunar New Year Festival, 55 Haitao's shopping guides will be online 24 hours a day, providing one-stop shopping guide services for high-quality overseas products to 18 million domestic consumers, allowing Haitao users to purchase overseas products conveniently;

 

The 55 Overseas Shopping New Year Festival will launch the "Today's High Rebate" event, screening and recommending merchants with high rebates on that day, and enjoying huge discounts, up to 18%;

 

55 Haitao's revenue in 6 months reached 191 million yuan

 

It is reported that 55haitao was founded in 2011 and became the first Chinese website in China to provide overseas shopping rebates in 2012. Headquartered in Shanghai, it has branches in Los Angeles, Japan, Hong Kong, Beijing, Shenzhen, Chongqing and other places.

 

55haitao's operating models include "shopping guide rebate" and "internet marketing". Shopping guide rebate means that after collecting sales commissions based on the transaction amount of goods, part of the sales commission is returned to consumers, allowing consumers to enjoy discounted prices; Internet marketing means using big data to provide accurate advertising for overseas brands, overseas e-commerce platforms, etc. through its LinkHaitao performance marketing alliance.

 

Data shows that in the first half of 2020, 55 Haitao's revenue was 191 million yuan, a year-on-year increase of 18.87%, and has achieved substantial development. Accordingly, the e-commerce platform signed a listing guidance agreement with Guojin Securities at the end of August, intending to be listed on the A-share market. In 2016, it had received an investment of 100 million yuan from Jingji Venture Capital, which currently holds a 20% stake in 55 Haitao.

 


import

Cross-border e-commerce peak season

55 Overseas Shopping

<<:  Online searches increased by 40.2%, with millennials driving the Italian beauty market

>>:  South Korea's Coupang consumer attention increased 2.5 times, TMON became the most popular e-commerce

Recommend

Number of registered Wildberries sellers surges

Data shows that there are currently more than 300...

What is Source Regulation? Source Regulation Review, Features

Yuangui is a B2B cross-border professional compli...

Focus on niche products! Ningbo sells well and doubles profits

The spring of niche products! Popular mass produc...

eBay sellers please note that All Selling will move to a new page

Recently, eBay Ireland announced that eBay has no...

What is spreadmytees? spreadmytees Review, Features

spreadmytees focuses on the customization of profe...

What is Shiptheory? Shiptheory Review, Features

<span data-docs-delta="[[20,{"gallery"...

With sales exceeding 2.2 billion, pet brand chewy grew 24% in Q3!

Recently, the American pet brand Chewy announced ...

What is Noom? Noom Review, Features

Noom is a consumer-led digital health company help...

What is Origins? Origins Review, Features

Origins Origins is affiliated to the Estee Lauder ...

64% of American consumers plan to spend, and online sales become popular

Wells Fargo Bank recently published its latest re...

What is GoCardless? GoCardless Review, Features

<span data-docs-delta="[[20,{"gallery"...

What is Zhongshang Huimin? Zhongshang Huimin Review, Features

China Commerce Huimin (Beijing) E-Commerce Co., Lt...

What is EPROLO? EPROLO Review, Features

EPROLO is a permanently free direct sales platform...