Good morning, Xiaomeng is here today to collect the latest domestic and cross-border e-commerce information for you!
1. Amazon India reached a cooperation with Womennovator to help female entrepreneurs sell across borders
Amazon India has announced a partnership with the global female incubator "Womennovator", Amazon will recruit 200 female entrepreneurs in the next 24 months to support them to launch products on Amazon's international marketplace/website and create their own brands. This includes businesses like Kidsy Winsy, Vishaala Naturals, Gems & Jewels and Bunko Jungo. Amazon will provide them with all the necessary support and tools and technologies, including skills development workshops on e-commerce exports, as well as training on product launches, pricing, global logistics, and more at no additional cost.
2. Amazon is the first in India but still not profitable
Recently, it was reported that Amazon became the most visited e-commerce website in India in 2022, with 454 million visits, and the Flipkart.com that has been competing with Amazon for the top spot in the Indian market ranked second, with 254 million visits. In fact, as early as 2018, Amazon showed its intention to win the Indian e-commerce market. It is reported that at that time, Amazon invested billions of dollars to popularize Indian e-commerce and improve instant delivery services, and the Indian market accounted for the vast majority of Amazon's overseas deficit of $3 billion that year. Until FY2022, Amazon India still had a loss of Rs 3,649 crore.
3. The popularity of the home and garden category of eBay UK station has skyrocketed
According to foreign media reports, as more and more British people turn to do-it-yourself house-building, the popularity of eBay's home and garden category has skyrocketed. According to eBay, searches for "DIY tools" on eBay have increased by 64% in the past year. The reason 41% of Brits turn to DIY tools is to reduce the cost of living. As inflation soars, home enthusiasts are looking to decorate their homes in the most cost-effective way. In order to meet the needs of home enthusiasts, eBay has partnered with Dulux to offer up to 20% discount to buyers of paint and DIY tools, which runs until March 17.
4. Wal-Mart will make more profits from service fees and advertising sales in the next 5 years
Walmart CFO John David Rainey told the conference that the vast majority of Walmart's overall profits now come from physical stores in the United States, but if you look five years from now, the company will rely "much less" on this revenue stream. Rainey said that the service fees that Walmart charges third-party sellers on its website Walmart.com, as well as advertising fees charged by Walmart's retail media business, will be the higher-margining, fast-growing parts of the company's business.
5. Intensify the crackdown, Vietnam exhibited 500 counterfeit and infringing products
From March 6 to 11, the Market Administration Bureau of the Ministry of Industry and Trade opened a showroom in Trang Tien Street in Hanoi, displaying more than 500 previously seized counterfeit and infringing goods, including shampoo, shower gel, diet pills and more, to help consumers reduce shopping risks. In recent years, with the development of e-commerce and the popularity of social network sales channels, the promotion and sale of counterfeit and infringing products has become very active in Vietnam, and the number of cases involving cosmetics infringement seized and transferred by the Vietnam Market Administration has gradually increased. In Ho Chi Minh City, market managers seized five warehouses and their production workshops, and seized dozens of counterfeit brands of shampoo and shower gel.
6. Douyin 38 Good Things Festival female consumers accounted for 69%
Douyin e-commerce data shows that from March 1 to 6, female users on the Douyin platform accounted for 69% of orders, and female consumers showed strong purchasing power. It is understood that Douyin launched the "Douyin 38 Good Things Festival" on March 1, and specially launched activities such as 20 yuan off every 150 yuan across stores, consumption coupons, theme lists, etc., and gave hundreds of millions of traffic and platform subsidies for key categories and brand goods that women tend to buy. The horse face skirt was very popular during the event, with sales increasing by 1872% compared to the same period last year.
7. Alibaba buys British payments giant WorldFirst for $4.8 billion
Alibaba Group reportedly acquired WorldFirst, the world's leading payment service provider, for US$4.8 billion (34 billion yuan). WorldFirst is a company specializing in mobile payments and cross-border remittance services. Its services cover more than 200 countries and regions around the world, and its customers include individual and corporate users. It is reported that after the acquisition, WorldFirst's business will be integrated with Ant Financial's Alipay and the international version of Alipay wallet. This will make it easier for Alibaba to access the European market. In addition, through WorldFirst's technology and services, Alibaba Group will also strengthen cooperation with cross-border e-commerce intermediary service companies.
8. In 2023, global shipments of foldable smartphones will reach 19 million units
According to a report by DSCC, a screen supply chain consulting company, 7 brands, including Samsung, will launch a total of 19 foldable phones in 2022; In 2023, the number of brands has reached 10, and it is estimated that 37 foldable mobile phones will be online. DSCC estimates that global shipments of foldable smartphones will reach 19 million units in 2023, with folding panel shipments exceeding 22 million units and production exceeding 20 million units.
9. Douyin e-commerce revised the "Rules for the Management of Violations by Selected Alliance Leaders" to increase the scope of violation control
Douyin e-commerce issued a notice that in order to protect the rights and interests of consumers and merchants, standardize the promotion and operation order of group leaders, and revise the "Rules for the Management of Violations by Selected Alliance Leaders". Upon the expiration of the publicity period, the platform will publish the official effective rules separately. The core change in the rules is the inclusion of violation control through selected alliances to harass others or publish offending information. The ongoing investment promotion activities and the goods in the application will all be taken offline or rejected on the day the permission of the tour leader is canceled.
10. Dunhuang.com added Stanley brand intellectual property protection
Dunhuang.com issued a notice saying that recently, the platform received relevant complaints from relevant brand owners, and some sellers sold products that involved infringement of the relevant intellectual property rights of the Stanley brand. Sellers are requested to self-check the product information of the store (including the products that have been removed), and delete the relevant products immediately if they are not authorized. The platform will strictly monitor and crack down on infringement of intellectual property rights. Please conduct a self-inspection in time to ensure that all products in the store do not infringe intellectual property rights. If in the process of monitoring or review, it is found that there is infringement in the seller's account, the platform will punish it according to the relevant rules of the "Dunhuang.com Seller Violation Management Rules", and if the violation is serious, the platform will directly give the punishment of closing the account.
All the information in this article comes from the Internet, if there is infringement, please advise!