Share recovery, Chinese sellers return to Amazon
According to data research, the sales share of Chinese sellers on Amazon's US site is at an all-time high. According to the latest data, the proportion of Chinese sellers in total sales, as well as the proportion of top sellers, has returned to November 2020 levels. In the past two years, affected by the wave of bans and cost pressures, domestic Amazon sellers have withdrawn from Amazon for a period of time, and the share of Chinese sellers in Amazon's US site was once surpassed by US sellers. However, this reversed in March 2022, with Chinese sellers quickly regaining lost market share. U.S. sellers are still over 50%, but may soon drop below 50%.
DHL third-quarter revenue up 20% year over year
On November 9th, Deutsche Post DHL Group recently announced its results for the third quarter of 2022. The data shows that compared with the same period last year, group revenue increased by 20.0% to 24 billion euros in this quarter, and operating profit (EBIT) increased accordingly. 15.2% % to 2 billion euros.
Global air cargo demand fell year-on-year, Latin America bucked the trend
The International Air Transport Association (IATA) recently released a report on the global air cargo market for September 2022. Various data show that global air cargo demand is weak, with cargo ton-kilometre (CTK) falling by 10.6% year-on-year, which is lower than the level in September 2019 before the outbreak. 3.6% lower. But Latin American airlines saw a 10.8% increase in cargo volumes in September 2022 compared to September 2021. This was the strongest performance of all regions. Airlines in the region are also continuously introducing new services and capacity, and investing in additional air cargo aircraft in the coming months. Compared to the same month in 2021, September capacity increased by 18.4%.
Notice!Amazon cracks down on counterfeiting
It is reported that Amazon cooperated with the public security organs in Guangdong and Jiangxi to take law enforcement actions against a number of Chinese sellers who sell cross-border counterfeit goods and their associated upstream counterfeiters, and successfully destroyed the gangs involved and the counterfeit production and sales chain. Amazon has always been committed to escorting domestic and foreign brands, creating a fair and healthy business environment for sellers, and creating a shopping experience for customers with confidence.
New rules are coming!Amazon will force four additional product listing attributes
Recently, Amazon issued an announcement about listings: Starting December 1, 2022, new and existing product listings for certain product types must include color name, size name, product description, and category name attributes. Amazon's US, Europe, and Japan stations also released announcements.
New container ship grounded on maiden voyage?Ship schedule may be delayed
According to foreign media reports, at about 8:30 a.m. on November 7, the container ship ONE AMAZON ran aground when it entered the port of Itajai, Brazil (ITAJAI) during its maiden voyage. It is understood that "ONE AMAZON" is currently serving ONE's South American SX1 route. Voyage 2236E was being carried out at the time of the incident. Called at Shanghai, Ningbo, Shekou, Yantian, Hong Kong and other Chinese ports. The shipping companies that share the cabin are: ONE, HPL, MSC, etc. Recently, there are foreign trade export and freight forwarding logistics companies that have loaded this ship. They need to pay attention and contact the loading shipping company in time to understand the impact of this accident on the subsequent delay of the ship! And let the seller prepare for replenishment, or transfer the goods from overseas warehouses in the United States in time, so as not to affect the time of goods entering the warehouse.
Break the world record!Amazon loses $1 trillion in market value
According to Bloomberg, Amazon’s market value has shrunk by $1 trillion so far this year, becoming the world’s first public company to lose more than a trillion in market value, which is almost equivalent to the current market value of Google’s parent company Alphabet’s $1.13 trillion. Amazon shares closed down 4.3 percent at $86.14 as of Wednesday, giving it a market value of about $879 billion. The stock is down about 48% this year alone, a far cry from the company's $1.9 trillion market cap in July 2021, according to Bloomberg.