Amazon launches QZ Tray a tool for batch printing Buy Shipping labels

Amazon launches QZ Tray, a tool for batch printing shipping labels

Hello, everyone in the cross-border industry! Let’s take a look at the fresh news inside and outside the cross-border circle today.

Today’s News Highlights

1. Amazon launches QZ Tray: able to batch print Buy Shipping labels;

2. TikTok Shop’s cross-border e-commerce full-service hosting mode is officially launched;

• Cross-border Hotspot Another New Move! TikTok Shop Launches Fully Managed Operation Mode?
• Industry Analysis | Over 271 billion views on TikTok, sleep aid creates new overseas business opportunities!
• Inventory of US Social Media in Q1 2023, Growth of TikTok Users Slows Down

3. Huakai Yibai adjusts its repurchase plan, and the total amount of repurchase funds is adjusted to 300 million yuan.

Platform Information

Amazon

Amazon launches QZ Tray: able to batch print Buy Shipping labels

Amazon Europe announced that from July 14th, Amazon will update the “Amazon Pay-I Want to Open a Store User Agreement” to further clarify the reserve fund policy.

It is reported that QZ Tray is a third-party solution that provides the same single-order printing function as Print Connect, one-click printing, and other batch label printing formats, including PDF and ZPL.

TikTok

TikTok Shop’s cross-border e-commerce full-service hosting mode is officially launched

TikTok Shop’s cross-border e-commerce full-service hosting mode is now online, and the full-service hosting mode has opened up investment in the Saudi Arabian and British markets, and more markets will be launched soon. It is reported that TikTok Shop’s cross-border e-commerce full-service hosting mode is committed to making it easy to sell good products globally, allowing merchants to leverage their supply chain and product advantages and achieve worry-free overseas expansion.

Shopee

Shopee opens two new distribution centers in Brazil

According to media reports, Shopee has recently opened two new distribution centers in Salvador and Recife in northeastern Brazil, with areas of 6,000 and 10,000 square meters, respectively. These two facilities will serve as rapid transit stations for goods redistribution under Shopee’s cross-docking model.

Two new distribution facilities will increase the number of cities served by 40%, while reducing the average delivery time in northeastern Brazil. Currently, the delivery time for international orders is up to 50 days, and the delivery time for domestic orders in Brazil is up to 20 days.

Lazada

Survey: Lazada Rises to Second Place in Indonesia

Recently, the Association of Indonesian Internet Service Providers (APJII) released data on the behavior of internet users in the country.

Firstly, 63.74% of Indonesian internet users spend 1-5 hours online, 22.44% spend 6-10 hours, 7.14% spend more than 10 hours, and 6.68% spend less than 1 hour. 99.51% of people use smartphones or tablets, while only 7.37% use computers or laptops.

Secondly, the most visited content by Indonesian internet users is health (36.96%); followed by sports (34.34%), entertainment or gossip (32.32%), economy, finance and business (28.98%), politics, society, law and human rights (24.73%), culture and tourism (22.17%), education and technology (18.44%), international (4.85%), and others (3.63%).

Douyin E-commerce

Douyin E-commerce President Wei Wenwen: Douyin E-commerce’s GMV increased by 80% YoY in the past year

On May 16th, Douyin E-commerce held its third ecological conference in Guangzhou. Douyin E-commerce President Wei Wenwen said that Douyin E-commerce’s GMV increased by 80% YoY in the past year, with shelf scene GMV accounting for 30%. In 2023, Douyin E-commerce will invest 10 billion yuan in cash and multiple support measures to help merchants develop. In the past year, 2.52 million merchants and 7.7 million e-commerce authors on the Douyin platform have gained new income.

Xianyu

Starting from June 6th, Xianyu Community will officially implement a charging policy for some merchants

This charging policy mainly targets sellers who conduct high-value transactions on the platform: within the same natural month, if the number of transactions under the Xianyu Community account exceeds 10 and the cumulative transaction amount exceeds RMB 10,000, Xianyu will charge the seller 1% of the actual transaction amount as a software service fee for each transaction that exceeds the limit. Other sellers and all buyers will continue to be exempt from software service fees. (Yicai)

Domestic News

Agricultural and food trade has become an important area of China-Central and Eastern European trade cooperation

From January to April this year, China’s import and export of agricultural and food products with Central and Eastern European countries reached USD 720 million, a year-on-year increase of 34%. Agricultural and food trade has become an important area of China-Central and Eastern European trade cooperation. (Economic Daily)

National Bureau of Statistics: Economic operations in April continued to recover and improve

According to data from the National Bureau of Statistics, in April, the overall economic and social recovery normalized, most production and demand indicators increased year-on-year, the service industry and consumption recovered relatively quickly, and employment and prices remained generally stable. The economic operation continued to recover and improve.

Over RMB 10 billion! Wenzhou’s cross-border e-commerce exports in the first quarter increased by 392% year-on-year

According to the first quarter cross-border e-commerce data analysis report released by the Wenzhou Municipal Bureau of Commerce, based on the monitoring of the “One Network Pass” system, the first quarter cross-border e-commerce customs declaration and export amount in Wenzhou was USD 1.456 billion (approximately RMB 10.032 billion), a year-on-year increase of 392%. Among them, the export amount in March was USD 1.054 billion (approximately RMB 7.262 billion), a month-on-month increase of 410%. (Securities Daily)

Global

US retailers are caught in the “store-closing tide”, with nearly 50,000 retail stores expected to close in the next five years.

According to reports, the store-closing trend among retailers in the US will continue this year. According to a report by UBS, 40,000 to 50,000 retail stores will close in the US in the next five years. Some government officials, including the mayor of New York, pointed out that the surge in retail thefts is the main reason for the large number of store closures by businesses. At the same time, under the influence of the COVID-19 pandemic, remote working has quickly become popular in the US, which has dealt a blow to many downtown shopping malls. Now, the average consumption per person per year in downtown areas by ordinary office workers in the US has decreased by $2,000 to $4,600 compared with before the pandemic. (CCTV Finance)

Capital Market

Hua Kai Yi Bai adjusts buyback plan, total buyback amount cap adjusted to 300 million yuan

Hua Kai Yi Bai announced that, in view of recent changes in the company’s stock price and other factors, in order to effectively promote the continued implementation of the company’s share buyback, the 25th meeting of the third board of directors of the company approved the “Proposal on Adjusting the Maximum Purchase Price, Total Purchase Amount and Upper and Lower Limits of Share Quantity for the Repurchase of Company Shares”.

The maximum purchase price for this adjustment of repurchasing company shares is as follows: the repurchase price is adjusted to not more than 35.00 yuan/share (inclusive), that is, not more than 150% of the average trading price of the company’s stocks in the 30 trading days before the 25th meeting of the third board of directors.

The upper and lower limits on the total amount of funds and the number of shares repurchased by the company in this adjustment are as follows: the upper limit on the total amount of funds for repurchasing is adjusted from “RMB 200 million (inclusive)” to “RMB 300 million (inclusive)”, and the upper limit on the repurchase price is adjusted from “23.31 yuan/share” to “35 yuan/share” for calculation purposes. It is estimated that the repurchased shares will be adjusted from “8,580,008 shares” to “8,571,428 shares”, accounting for about 2.9641% of the company’s total issued share capital; the lower limit on the total amount of funds for repurchasing is adjusted from “RMB 100 million (inclusive)” to “RMB 150 million (inclusive)”, and the upper limit on the repurchase price is adjusted from “23.31 yuan/share” to “35 yuan/share” for calculation purposes. It is estimated that the repurchased shares will be adjusted from “4,290,005 shares” to “4,285,715 shares”, accounting for about 1.4820% of the company’s total issued share capital. Except for the above adjustments, the other contents of the share repurchase plan remain unchanged. (E-commerce News)

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