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A Week of Cross-border E-commerce News | Amazon Launches a New Function of "Account Status Rating" for Sellers

07/25/2022
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  • Cross-border e-commerce
  • cross-border logistics
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A Week of Cross-border E-commerce News | Amazon Launches a New Function of "Account Status Rating" for Sellers

July is coming to an end, what happened to cross-border e-commerce in just one week? Let's review together~

1. Shopify provides new POS hardware for Singapore merchants

Shopify has announced the availability of its new Shopify POS and integrated hardware, Wisepad 3, to merchants in Singapore. Shopify POS works seamlessly with Shopify card readers and compatible hardware accessories. Shopify POS turns a mobile device into a point of sale, allowing merchants to download the Shopify Retail POS app to any Android or iOS smartphone or tablet, making it easy for merchants to complete sales.

2. Amazon China’s daily sales of Prime members this year nearly tripled during the 618 period

Amazon China released the 2022 Prime Membership Daily Battle Report. According to statistics, the daily sales of more than 500 brands of Prime members in China increased by more than 100% year-on-year; the sales nearly tripled during the 618 period. Mr. Li Yanchuan, vice president of Amazon China and head of Amazon's overseas purchases in China, said, "During this year's China Prime Membership Day, member activity hit a new high, and the number of new members increased by nearly 60% year-on-year, demonstrating the new vitality of cross-border consumption. "

3. YouTube launches new shopping feature, partnering with Shopify

YouTube has announced that it is rolling out several new shopping features for viewers and creators. YouTube is partnering with Shopify to allow creators and merchants to showcase their products on their channels. Eligible creators can now link their Shopify store to their YouTube channel. Creators in the US can now enable live checkout, allowing viewers to complete purchases without leaving YouTube.

Cross-border e-commerce channel ERP: The cooperation between YouTube and Shopify will allow sellers to get more exposure for their products.

4. Five Southeast Asian countries to sign deals this year to integrate their payment networks

Recently, the G20 Finance Ministers and Central Bank Governors Meeting opened in Bali, Indonesia. At the meeting, Bank Indonesia Governor Perry Warjiyo announced that before November 5 this year, the five Southeast Asian countries will sign an agreement to link their respective payment and clearing systems, and realize bilateral settlement under the cooperation framework of local currency settlement, without the need for further by US dollars. Bank account users in various countries can directly scan the code to pay or transfer money abroad. Currently, systems in Thailand, Malaysia and Indonesia have been connected, as have real-time clearing systems in Singapore and Thailand.

5. AliExpress will expand the scale of European pickup points by 50%

AliExpress is expanding its pickup service in Europe by nearly 50%. By the end of the year, AliExpress aims to have 47,500 pickup points, up from around 36,000 currently. AliExpress said the pickup service was well received in Europe. In June 2022, the daily usage of AliExpress pickup points in Spain increased by 15 times year-on-year, while in France it increased by 300%. AliExpress wants to increase investment at pickup points as it reduces the company's ecological footprint and promotes a "greener shopping experience" for buyers.

6. Lazada reduces storage fees and increases compensation standards

From 0:00 on August 1st, Lazada overseas warehouses will launch a new version of the price card, reducing the storage fees for overseas warehouses in Malaysia, the Philippines, Indonesia and Thailand. Compared with the old version, the new version of the price card has a comprehensive price reduction, and the new charging standard is fully oriented to the new and old inventory. The storage fee of the original storage age less than 60 days remains free, and the maximum price of other storage age charging segments is reduced by 75%. At the same time, Lazada launched a new compensation plan, and the compensation amount for LGF warehousing services was increased. Merchants can apply for product compensation in case of lost or damaged products. The compensation is determined by the platform, and the amount is increased from the original maximum compensation limit of 100 US dollars per item/package to a maximum of 500 US dollars. (Except Singapore site)

Cross-border e-commerce Tongtong ERP: This year's logistics and warehousing costs seem to have reduced prices to varying degrees~ Will the cost of sellers be lower?

7. Ali International Station launched the "Foreign Trade Relief Plus Plan"

On July 21, the Zhejiang Provincial Department of Commerce and Alibaba International Station jointly released the "Digital Export to the Sea – Foreign Trade Relief Plus Plan (Zhejiang Eight)", hoping to help Zhejiang foreign trade merchants through deterministic digital products and services throughout the entire link. It will better cope with the challenges of uncertainty, promote growth in the second half of the year, and inject new momentum.

8. Ozon launches its own bank card for shopping in and out of the market

The Ozon online platform has launched a universal payment tool from its own bank – the "Ozon Card". Not only does it offer up to 30% off marketplace products, it also offers up to 10% cash back on purchases outside of Ozon. In addition, card users will soon have access to other banking services – which will be developed by Ozon's own bank.

9. Amazon launches a new "Account Status Rating" feature for sellers

Recently, Amazon launched its newest tool for sellers – a fully upgraded "Account Health Rating" function. According to reports, the account status rating function can help sellers better comply with Amazon's policies and ensure account health. The feature will be available first on Amazon's US and Canadian sites in August, and will roll out globally in 2023. The newly upgraded "Account Status Rating" helps sellers to fully understand their account status through a simple and easy-to-understand display of seller account values, and presents sellers according to the three statuses of "healthy", "risky" or "unhealthy" defined by the value Current account status.

Cross-border e-commerce Tongtong ERP: In this way, sellers can focus more on product development and business expansion

10. The acquisition of Debon shares by Jingdong Logistics will officially enter the delivery stage

A few days ago, JD Logistics held a shareholders meeting on the resolution to acquire Debon shares. On the evening of the same day, it announced the voting results of the extraordinary general meeting held on July 21, 2022. The voting results of the relevant resolutions are as follows: 99.918% in favor and 0.082% against. As more than 50% of the votes were cast in favour of the resolution, the resolution was duly passed at the SGM as an ordinary resolution of the Company. This also means that "JD Logistics' acquisition of Debon shares" will officially enter the delivery stage.

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