1. Shopify acquires Deliverr for $2.1 billion
2. SHEIN became the most downloaded app in the US for the first time in May
3. Amazon will shut down independent website builder Selz
4. Cross-border e-commerce platform Shopee has been approved for payment license in Brazil
5. Amazon obliges sellers to complete the German EPR registration before June 30
Shopify acquired for $2.1 billion
Logistics service provider Deliverr
Global e-commerce SaaS platform Shopify has reached an agreement with US logistics service provider Deliverr to acquire the latter for $2.1 billion. This is Shopify's largest-ever deal and will create an end-to-end logistics service platform for millions of merchants on the platform.
Shopify's logistics and fulfillment capabilities will be significantly improved after the acquisition. Currently, SFN is merging with Deliverr to remove logistics supply chain complexity for Shopify and non-Shopify merchants.
At the same time, SFN and Deliverr will also launch a new service called Shop Promise, which will give consumers the option of "two-day" and "next-day" delivery.
SHEIN first became
The most downloaded app in the US
According to Marketplace Pulse data, on May 3, SHEIN topped the U.S. iPhone App Store in all app categories by downloads, becoming the most downloaded app in the U.S., surpassing TikTok, Instagram, and Twitter, and far ahead of TikTok. Amazon.
It is understood that since the beginning of this year, the ranking of SHEIN app downloads has been rising, and its online traffic is second only to Macy's among American clothing retailers. In addition, data from Google Trends shows that the popularity of SHEIN on Google is at an all-time high and has already surpassed other clothing retailers.
Amazon will shut down standalone sites
Website Builder Selz
Amazon is shutting down Selz, an Australian independent website building platform it acquired last year, sources said. An Amazon spokesperson said: "We plan to continue to support Selz merchants, however, after a thorough review, we have made the difficult decision to no longer offer Selz products as a standalone service.
We promise to notify Selz merchants 60 days in advance, prompting them to transition to another provider of their choice, and immediately waive the associated service fee. "
Cross-border e-commerce platform Shopee
Payment license approved in Brazil
SHPP Brasil, a subsidiary of cross-border e-commerce platform Shopee, has been authorized by the Central Bank of Brazil to operate as a payment institution and issue electronic currency.
It is reported that Shopee is one of the most downloaded e-commerce apps in Brazil. A study shows that Shopee is well received among Brazilian female consumers, with 26% of them ranking it as the most frequently used online shopping app.
Amazon makes it mandatory for sellers
Complete the German EPR registration before June 30
A few days ago, Amazon issued a notice saying that before June 30, 2022, sellers must complete the German EPR registration, upload and verify the German packaging law, otherwise the platform will suspend the sale of all applicable products. The specific requirements are detailed in "Amazon/AliExpress Germany Station sellers to complete as soon as possible! 》Click to understand~
Amazon's first quarter net sales
Growth hits slowest pace in 20 years
Net loss of $3.844 billion
In the first quarter ended March 31, 2022, Amazon's net sales were $116.444 billion, an increase of 7% from $108.518 billion in the same period last year, or a 9% increase excluding the impact of currency changes; operating Revenue was $3.7 billion, down 58% from $8.9 billion last year; net loss was $3.844 billion, compared with a net profit of $8.107 billion in the same period last year; operating profit was $3.669 billion, compared to $8.865 in the same period last year One hundred million U.S. dollars.
According to the financial report, Amazon’s first-quarter net product sales were $56.455 billion, compared with $57.491 billion in the same period last year; net service sales (Amazon Web Services, advertising, third-party seller services and Prime subscriptions) were $59.989 billion U.S. dollars, compared with $51.027 billion a year earlier.
eBay's first-quarter GMV fell 20% year-on-year
Revenue fell 6%
to $2.483 billion
The financial report for the first quarter of 2022 (as of March 31, 2022) showed that eBay’s revenue reached US$2.483 billion, a year-on-year decrease of 6%, excluding the impact of exchange rate changes, a year-on-year decrease of 5%; as of the end of the first quarter, eBay There were 142 million active buyers, down 13% year over year, gross merchandise volume (GMV) was $19.4 billion, down 20% year over year, or 17% year over year excluding the impact of currency changes.
It is understood that this year, eBay has made major improvements to its platform, launching new storefronts that allow sellers to showcase their brands. And eBay has also optimized the store's SEO (Search Engine Optimization) to drive sellers to get more free traffic, increase the importance of sellers' inventory, and make it easier for consumers to find sellers' stores. In addition, eBay is also continuing to invest more in the "omni-channel" marketing of the auto and motorcycle accessories category, including cooperating with top "Internet celebrities" and fans to expand eBay's market influence in this category.
Shopify's revenue growth slows in the first quarter
GMV rose 16% year over year to $43.2 billion
In the first quarter of 2022, Shopify’s revenue was $1.204 billion, an increase of about 22% year-on-year; a net loss of $1.474 billion, compared with a net profit of $1.26 billion in the same period in 2021; platform gross merchandise volume (GMV) was $43.2 billion, compared with $43.2 billion. An increase of $5.9 billion in the first quarter of 2021, a growth rate of 16%.
Specifically, although Shopify's revenue in the first quarter hit a record high again, its revenue growth rate hit the lowest record in seven years. Among them, Shopify’s subscription solution revenue in the first quarter was $344.8 million (accounting for 28.6%), an increase of 8% year-on-year, which was mainly due to the increase in revenue generated by the increase in platform merchants; merchant solution revenue was $858.9 million (accounting for 71.4%), an increase of 29% year-on-year, mainly due to the growth of platform GMV and the increase in penetration of merchant solutions such as Shopify Payments, Shopify Capital and Shopify Markets.
Wish's first-quarter revenue fell 76% year-on-year
The latest financial report released by ContextLogic, the parent company of Wish, shows that in the first quarter of 2022 (as of March 31, 2022), platform revenue was US$189 million, down 76% year-on-year; net loss was US$60 million, narrowing 53% year-on-year. % – Among them, the net loss per share was US$0.09, which was significantly narrower than the loss per share of US$0.21 in the first quarter of fiscal year 2021; the adjusted EBITDA loss was US$40 million, narrowing 49% year-on-year.
It is reported that Wish's core market revenue in the first quarter of 2022 was US$90 million, down 81% year-on-year; Product Boost revenue was US$14 million, down 72% year-on-year; logistics revenue was US$85 million, down 65% year-on-year; Cash flow was negative $146 million; free cash flow was negative $148 million compared to -$354 million in the first quarter of fiscal 2021.
In addition, Wish said it plans to launch more major new initiatives in the next few months, such as a rebranding program that will explore the potential of the category in order to improve the quality and breadth of products in the core market, and enhance the user experience of women buying fashion. , to recreate the women's fashion category.
PayPal's first-quarter revenue year-on-year
Up 7% to $6.483 billion
Payment service provider PayPal recently announced the company's first-quarter financial results for fiscal 2022.
The report shows that PayPal’s net revenue in the first quarter was US$6.483 billion, an increase of 7% compared with US$6.033 billion in the same period last year, and an increase of 8% year-on-year excluding the impact of exchange rate changes; A decrease of 54% compared to the $1.097 billion in the same period last year;
Not in accordance with US GAAP, PayPal's first-quarter adjusted net profit was $1.032 billion, down 29% from $1.455 billion in the same period a year earlier.
The editor still wants to say that although the epidemic has promoted the popularity of e-commerce, various e-commerce platforms have become beneficiaries in the process of changing consumption channels.
However, as the dividends brought by the epidemic began to fade, many foreign governments announced the cancellation of epidemic restrictions, and the era of rapid growth of cross-border e-commerce has passed. Therefore, in such a large environment, compliant operation can last for a long time and grasp the dividends!