Industrial News
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Attention to cross-border sellers! EU Customs Re Reform: May Cancel 150 Euro Duty Free Quota!
According to reports, the EU is undergoing a large-scale reform of its customs system aimed at improving management efficiency, achieving real-time supply chain tracking, and increasing fiscal revenue. According to the latest report, the planned reform measures include the establishment of custom...Read more -
Alibaba International business unit is valued at $39 billion! Is a US listing on the agenda?
According to Bloomberg, Alibaba Group Holdings Limited’s international e-commerce department is planning an initial public offering in the United States, and the company is weighing various options to stimulate business growth, including its main e-commerce platform Lazada and Global AliExp...Read more -
In-depth analysis of European e-commerce market: Amazon is still the main leader!
According to German federal online federation BVOH’s data survey on major European e-commerce markets, Amazon is the dominant player in each country, according to the report. BVOH’s rankings are based on a variety of sources, including data from SimilarWeb, Tranco, and Cisco Umbrello,...Read more -
Eurozone inflation expectations are rising, increasing pressure on the central bank to raise interest rates
Inflation expectations in the euro area have been rising recently and there is a general expectation that price pressures will remain strong for years to come. The ECB’s latest monthly survey of consumers showed that inflation expectations for both next year and in three years’ time r...Read more -
China imports contracted sharply in April, export growth slowed, economic recovery still has a long way to go!
According to Reuters, China’s import data contracted sharply in April, while export growth slowed and domestic demand continued to weaken. China’s economy grew faster than expected in the first quarter thanks to a surge in services consumption, but factory output has lagged and the la...Read more -
Eu strong supervision phase countdown!
The European Union published a list of 19 online platforms last Tuesday that will be subject to enhanced EU controls, including the obligation to conduct independent annual audits to ensure they effectively combat disinformation, online hate or counterfeit products, according to reports. “T...Read more -
TikTok will open TikTokShop in these three European markets ！
It is reported that TikTok will open TikTokShop in 12 countries after the Spring Festival in 2023, including France, Italy, Spain and other traditional European countries, as well as Australia, New Zealand, Brazil and other regions, and will continue to accelerate the expansion of small shop busi...Read more -
Microsoft will lay off thousands of employees, and the technology industry may continue to lay off employees!
According to Reuters, Microsoft Corporation (MSFT. O) plans to lay off thousands of employees, and some positions in human resources and engineering departments are expected to be canceled. This round of layoffs will be the latest news in the US technology industry. Companies such as Amazon (AMZN...Read more -
European consumers continue to look for cheaper alternatives as inflation continues. This category is in great demand!
New research from eBay Ads UK has found that inflation-driven British consumers are increasingly shunning expensive vehicle maintenance and are turning instead to DIY car repairs and second-hand parts to fix their cars. Half (50 percent) of respondents said they would change their car’s wi...Read more -
Amazon encourages employees to leave voluntarily!
Amazon is encouraging buyouts among its employees as they look for ways to trim their headcount beyond massive layoffs, CNBC reports. On Tuesday and Wednesday, Amazon sent out “voluntary severance” offers to some departments, including human resources and employee services. In exchang...Read more -
“Double 11″ Germany achieved sales growth against the trend!
The just passed “Singles’ Day” shopping carnival, unlike the quiet end at home, is a significant increase in transactions in Germany. According to data from Experian, a data and analytics tool, sales by e-commerce sellers on Singles Day increased 167 percent compared to last yea...Read more -
The average European consumer buys this much online every month! Is it as high as you expected?
Most European consumers reportedly spend an average of more than 340 euros a month online. They buy the most clothes, pay the bills or order takeout. A third of that consumption is cross-border. The Irish, Germans and Israelis spend the most abroad, while the French have the lowest proportion. Pa...Read more