What is Wangji Overseas Warehouse (007EX)? Wangji Overseas Warehouse (007EX) Review, Features

007EX's cross-border warehouse and distribution platform to Russia (also known as "007EX Overseas Warehouse" and "Wangji Overseas Warehouse") is a product of Wangji Technology, established in 2014. As China's first warehouse and distribution service provider to Russia, 007EX Overseas Warehouse is committed to opening up the e-commerce path for global e-commerce in Russian-speaking regions. 007EX Overseas Warehouse has warehouses in Moscow, St. Petersburg, and Vladivostok in Russia. Its delivery network covers cross-border e-commerce markets in 15 Russian-speaking countries, including Belarus and Kazakhstan. It has served more than 2,000 cross-border brands from Amazon, Ebay, and Alibaba, and has become a leader in cross-border e-commerce service providers.

About 007EX Overseas Warehouse

Wangji Technology was founded in 2014 by Mr. Lin Siming, Vice President of Xiamen Internet Business Association. It is the first technology company to provide Russian overseas warehousing and distribution and marketing services to Russia for domestic cross-border e-commerce, solving a series of rigid pain points such as customs clearance, warehousing and distribution, marketing, after-sales, payment, etc. in cross-border e-commerce to Russia. It obtained tens of millions of venture capital in just 18 months of operation, and obtained another 45 million A round of financing in 2016.

·The complete product system of 007EX, a warehouse distribution platform under Wangji Technology, has been strongly launched in China, with operation centers in Xiamen and Shenzhen; self-operated warehouses and customer service teams are set up in Moscow, St. Petersburg and Vladivostok, which can reduce the overseas inventory pressure for e-commerce companies and provide high-standard experience such as timely delivery and professional customer service for hundreds of millions of Russian netizens.

Wangji Technology focuses on overseas warehouses and Russian localization team operations, and is committed to flattening the supply and demand of high-quality Chinese and Russian goods, directly pushing high-quality Chinese suppliers to Russian online retailers and wholesalers, eliminating all the intermediate links in traditional trade, increasing supplier profits and brand effects, and building a Sino-Russian e-commerce engine to realize the vision of "Sino-Russian power, connecting global resources"!

Wangji’s overseas warehouses now deliver goods to the entire Russian territory within 1-5 days. Core cities such as Moscow and St. Petersburg can be delivered within 48 hours, far exceeding the logistics and delivery capabilities in Russia.

007EX Overseas Warehouse Operation Process

1. Chinese sellers prepare goods: Chinese sellers prepare goods according to sales conditions, enter product information into the system, and print labels.

2. Goods are delivered to Wangji’s domestic warehouse: The seller’s goods are uniformly sent to a warehouse in a nearby domestic city designated by Wangji.

3. Goods are shipped to the Russian warehouse: Wangji is responsible for unified customs clearance and unified delivery to the Russian warehouse.

4. Goods arrive at the Moscow warehouse: After the goods arrive in Russia, they will be put into storage and put on the shelves by the Moscow warehouse staff.

5. The seller issues overseas delivery instructions: After receiving the customer's order, the seller issues an order instruction in the system.

6. Russian express companies start delivery: Moscow warehouse will deliver by local express or post according to the delivery instructions.

The impact of 007EX overseas warehouses on Russian consumers

1. Wangji directly ships goods from its warehouse in Russia, and it only takes 1-3 days to reach large cities where Russian consumers are concentrated. At the same time, the overseas warehouse can also reach remote areas in Russia; even if you live in Siberia, you can get the goods you bought in about a week. The overseas warehouse has dramatically reduced transportation time and doubled delivery efficiency, even surpassing the logistics and delivery of Russia.

2. Overseas warehouses are not just logistics, but also a kind of service. Russian buyers' demand for Chinese goods is concentrated on clothing and footwear - but this is also the "hardest hit area" for returns and exchanges; traditional cross-border delivery generally does not support returns and exchanges, and if returns and exchanges are allowed, they are also accompanied by astonishing fees; when the size, color, and style are not as good as they want, Russian consumers can only choose to swallow the bitter fruit themselves. The emergence of Wangji's overseas warehouses allows Russian consumers to say "no" to this kind of self-harming situation with a definite "no" - after the return and exchange operations are carried out in the overseas warehouse, Wangji will then communicate with domestic suppliers in the follow-up, which protects the interests of Russian buyers to the greatest extent; in the process of delivery and after-sales service, the local customer service who communicates with local buyers is proficient in the local language. This series of "localization" has shortened the distance between the two parties and enhanced the buyers' sense of security and trust in language.

3. The Wangji team focuses on Russian overseas warehouses. From high-level decision-making to logistics distribution, from system operation to after-sales service, all reflect localization and professionalism. Wangji Overseas Warehouse has brought a different experience to Russian end consumers through several years of unremitting efforts; it has also proved with an increase of more than 150% in the praise rate that Russian overseas warehouses have become the standard for cross-border e-commerce to Russia. This is the choice of Russian consumers and an inevitable trend.

Corporate Culture

·Purpose: Create value, achieve self, and serve the society.

Vision: China-Russia power, linking global resources, and building a China-Russia e-commerce engine.

Mission: To help global companies open up e-commerce in Russian-speaking regions.

Business philosophy: Actively embrace various changes in the market and customers, and create the greatest value at the lowest cost.

· Wangji three forces: upward force, centripetal force, and good force.

Core Values: Continuously strive to improve the quality and quality of individuals and enterprises, face customers and shareholders with a results-oriented approach, challenge the impossible, and become an industry leader rather than a follower.

Talent Concept: We are the pioneers of the industry, focusing on the introduction of excellent and potential talents, and growing together with employees is our way of employing people. Proactive, good at learning, and willing to share are our selection criteria, creating equal development opportunities and sharing benefits is our way of retaining people. We have been continuously improving the internal environment, providing employees with a broad stage for growth and development, and attracting more learning talents to join us.