The number of overseas buyers participating in the Canton Fair offline is about 120,000, Ant International hopes to launch Alipay+ in Indonesia this year, and AliExpress semi-managed to open 3 warehouses in a week

21st Century Business Herald reporter Dong Jingyi reported from Shanghai

What are the developments in the cross-border e-commerce industry in the past week (4.15-4.21)?

Industries at a glance

At the end of the first phase of the Canton Fair, the number of overseas buyers participating in the offline meeting was about 120,000

The first phase of the 135th Canton Fair lasted for four days and was held from April 15 to 19. According to the statistics of the Canton Fair, as of April 19, 125,440 overseas buyers participated in the conference offline, an increase of 23.2% over the same period of the previous session, covering 212 countries and regions around the world. Among them, there are 85,682 buyers from countries that jointly build the "Belt and Road", accounting for 68.3%; There were 28,902 buyers from RCEP member countries, accounting for 23%, and 22,694 buyers from Europe and the United States, accounting for 18.1%.

China-Australia bilateral trade in goods will increase by 4.1% in 2023

On April 15, local time, Ren Hongbin, president of the China Council for the Promotion of International Trade, said at the "China-Australia Business Seminar" held in Sydney, Australia, that in 2023, the bilateral trade in goods between China and Australia will increase by 4.1% over the previous year, and China will become Australia's largest trading partner for 15 consecutive years, and Australia's investment in China will increase by 11.7% over the previous year, and the number of new Australian-funded enterprises in China will increase by 40.2% over the previous year.

Shenzhen's imports and exports in the first quarter were 1.02 trillion yuan

According to the news released by Shenzhen, Shenzhen's import and export in the first quarter was 1.02 trillion yuan, breaking the trillion yuan mark for the first time in the same period in 10 years, a year-on-year increase of 28.8%, accounting for 50% of the total import and export value of Guangdong Province in the same period. Among them, imports were 377.85 billion yuan, up by 29.9 percent, and exports were 642.44 billion yuan, up by 28.2 percent, ranking first among the foreign trade cities in the mainland.

Shandong's total import and export value increased by 5.5% year-on-year in the first quarter

According to customs statistics, the total import and export value of Shandong Province in the first quarter was 770.06 billion yuan, a year-on-year increase of 5.5%, higher than the overall growth rate of 5% in the country. Among them, exports were 470.62 billion yuan, up by 11 percent, and imports were 299.44 billion yuan, down by 2.1 percent.

Company dynamics

CEO of Ant International: I hope to launch Alipay+ in Indonesia this year

According to multiple media reports, Ant International CEO Yang Peng said after a meeting with Indonesia's communications minister on April 19 that Ant Financial Group is in talks with Indonesia to introduce Alipay+, a cross-border payment service, to the local market. Yang Peng said that Ant will follow the guidance of the local government and the central bank, and hopes to launch Alipay+ in Indonesia this year.

Temu food category attracted investment for the first time, and the cooperation model adopted semi-trusteeship

A few days ago, Temu launched food sales in some areas, and according to its introduction, the daily order volume is more than 10,000, and the unit price of each piece is more than 30 US dollars. Running towards the goal of "the first place in the whole site in terms of food proportion", Temu launched an online global investment promotion in the food category on April 18, hoping that merchants with export experience, domestic brands, and merchants with US food and drug administration qualifications can go to the platform to sell convenient fast food, leisure snacks, grain and oil seasoning and other goods, and the United States, Canada and the United Kingdom are now open to the United States, Canada and the United Kingdom. According to Temu's investment materials and Q&A in the live broadcast comment area, the food category currently has zero commission and zero rate, and the cooperation model adopts semi-custodial.

TikTok Shop's repurchase rate is outstanding, second only to Amazon

Data from Earnest Analytics shows that about 27% of TikTok Shop shoppers make another purchase five months after their first order. Amazon is the only e-commerce platform that beats TikTok Shop. It is reported that the reason why TikTok Shop was able to attract attention in a relatively short period of time is due to TikTok's existing user base.

Yuanwang Technology has laid out overseas business and tested the water in Southeast Asia and North American markets

On April 15, it was reported that Yuanwang Technology is laying out its overseas business. According to people familiar with the matter, Yuanwang Technology has tested the waters of TikTok live streaming in Southeast Asia and North American markets, integrating local live broadcast infrastructure, supply chain, talent resources, logistics services, etc. Not long ago, Jia Nailiang, the head star anchor of Yuanwang Technology, announced the plan of the global product traceability plan, and the company launched a globalization strategy, and the cooperative anchor will conduct traceability and live broadcast in the country of origin and origin of the product.

AliExpress semi-managed opened 3 warehouses in a week

AliExpress Semi-Hosting has opened three additional cross-border warehouses in Chengdu, Qingdao and Tianjin in the past week to meet the delivery needs of merchants.

In January this year, AliExpress officially launched semi-managed to help POP (self-operated home) upgrade logistics services at low cost and retain the flexible operation space of merchants themselves. The latest data shows that AliExpress semi-hosting has entered a high-speed growth track, with 20,000 semi-managed merchants doubling their order growth in the last month alone.

Tang Weicheng is the latest spokesperson of AliExpress in South Korea

According to reports, actor Tang Wei has become the latest spokesperson for AliExpress in the Korean market. In addition to the new spokesperson, AliExpress recently announced a plan to invest $1.1 billion in South Korea over three years, and expand the scale of its Korean subsidiary and strengthen localized operations by hiring a large number of Korean employees.

Amazon lowers the referral fee for clothing products with a low unit price

On April 16, Amazon announced that it will reduce sales fees for low-cost clothing products in 11 sites around the world from May 15 (local time), including sites in Canada, Japan, the United Kingdom, Germany, the Netherlands, Belgium, France, Italy, Spain, Poland and Sweden, which will be reduced to the range of 5%-10%.

eBay UK abandons commissions on second-hand clothing sales

To encourage second-hand sales, eBay UK has launched new features to simplify the process of finding second-hand items, and announced that it will no longer charge commissions on the sale of second-hand clothes on the platform to promote a zero-waste economy in the fashion industry. With this move, the platform hopes to increase the number of users and the frequency of transactions.

USPS shipping rates will officially increase from July 14

According to the news, the United States Postal Service has officially submitted a notice to the country's Postal Administration of the postal service price adjustment, and plans to raise the freight rate on a large scale from July 14 this year, with an average increase of about 7.8%.

Huakai Yibai's net profit in 2023 will increase by more than 50%.

Huakai Yibai(300592. SZ) released its annual performance report on the evening of April 18, and in 2023, Huakai Yibai achieved operating income of 6.518 billion yuan, a year-on-year increase of 48%, a net profit of 332 million yuan, a year-on-year increase of 53%, and basic earnings per share of 1.229 yuan, an increase of 61.5% year-on-year. Huakai Yibai has established a business plan for 2024, with the goal of operating an annual operating income of 8.5 billion yuan in the cross-border export e-commerce business segment.

乐歌股份2023年净利同比大增189.72%

On the evening of April 17, 2024, Lege shares (300729. SZ) has published its 2023 annual report. During the reporting period, the company's smart home business and overseas warehouse business were driven by two wheels and coordinated development, achieving operating income of 3.902 billion yuan, an increase of 21.61% over the same period of last year, net profit attributable to the parent company of 634 million yuan, an increase of 189.72% over the same period of last year, and net profit of 252 million yuan, an increase of 142.38% over the same period of last year. Ergonomic products are still the main source of the company's operating income, with a revenue of 2.612 billion yuan, accounting for 66.94% of the operating income, and the rapid development of the public overseas warehouse business, with a revenue of 951 million yuan, accounting for 24.38% of the operating income.

Zhiou Technology's net profit in 2023 increased by 65%

On April 19, Zhiou Technology (301376. SZ) disclosed its 2023 annual report. In 2023, the company achieved a total operating income of 6.074 billion yuan, a year-on-year increase of 11.34%, a net profit attributable to the parent company of 413 million yuan, a year-on-year increase of 65.08%, a non-net profit of 432 million yuan, a year-on-year increase of 71.78%, and basic earnings per share of 1.08 yuan. The furniture series is still the company's largest "cash cow" business, with annual revenue of 2.71 billion yuan, a year-on-year increase of 4.8%. The new pet series products performed well, with an annual revenue of 518 million yuan in 2023, a year-on-year increase of 37.30%, ranking first in terms of growth rate, accounting for 8.67%.

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