Amazon Prime membership growth stalls

On July 12 , according to Bloomberg, the Consumer Intelligence Research Partners (CIRP) estimated that Amazon had about 172 million members as of June 30 , which was the same as six months ago .

It's worth noting that CIRP counts the number of users who use the Prime service, not the number of subscriptions to the service, because many people share a Prime account. Plus, Prime memberships help Amazon convert occasional shoppers into loyal customers, as members typically spend more on Amazon than non-members.

Shein settled in Amazon Prime members can arrive in two days

On July 12 , Amazon 's official website showed that Chinese fashion brand Shein has begun to sell its products on Amazon's website, hoping to speed up its delivery time and continue to gain popularity and increase its influence. At present, Shein has been promoted to 150 countries around the world, launching 500 new products every month, and the market valuation of Shein has exceeded 100 billion US dollars , which is more than the sum of Inditex (Zara) and H&M. Amazon's landing page, which displays Shein's products by category, aligns with Shein's website, and sells everything from fashion apparel to home apparel.

In addition, Amazon has set up a section dedicated to Shein 's best-selling products and featured products, showing Shein products and purchase links for influencers. It is understood that Shein has launched Amazon's US, UK, France and Germany sites. From Amazon's point of view, Shein 's fashion clothing basically does not exceed 40 euros, and the average price is around 30 euros. The sale price on the above site is slightly higher than the price on Shein 's official website.

TikTok e-commerce will continue to expand its live e-commerce business in Europe

According to news on July 12, there have been recent reports that TikTok e-commerce will give up market expansion. It is understood that this information is not true. A number of TikTok e-commerce employees confirmed that TikTok e-commerce will always invest firmly in existing markets, not only will not give up market expansion, but will continue to launch in more new markets .

Earlier, the British "Financial Times" published a rumor about "TikTok e-commerce abandoning market expansion", which was translated and forwarded by some domestic media, triggering discussions in the industry. What the Financial Times actually reported was that TikTok would shelve plans for further expansion in Europe, and did not want to give up its e-commerce business. The rumors were actually a compilation error.

eBay opens home appliance category sales incentives in the third quarter of 2022

On July 12 , eBay officially announced that the home appliance category sales incentive activity in the third quarter of 2022 has begun . Enterprise-level sellers who meet the requirements of the event have received the event invitation in the seller center of the enterprise-level account. Earn up to $50,000 in event rewards during the event. The specific event time is: 0:00 on July 1, 2022 – 23:59 on September 30, 2022 (US Pacific Standard Time).

This event is only for eBay enterprise seller accounts who have received an email invitation. Among them, the active sites are limited to eBay US site, eBay UK site, eBay Germany site, eBay Australia site, eBay France site, eBay Italy site, eBay Spain site, eBay Canada site.

Amazon to update European VAT calculation service method scheme policy

On July 12 , Amazon Europe recently released a policy announcement on the European VAT calculation service method plan. The announcement shows that due to legal changes, Amazon will update the European VAT calculation service method plan policy, and the new policy will take effect from July 25 , 2022 .

Currently, Amazon is expanding SDI reporting to Italian tax authorities to include cross-border sales of B2B and B2C goods originating from Italy. These changes will apply to all sellers using the services covered by this program policy, including sellers who have a valid Italian VAT registration number and are physically resident in Italy.

Air China Cargo completes its name change and is one step closer to listing

According to news on July 12 , it was recently learned that Air China Cargo Co., Ltd. was changed to Air China Cargo Co., Ltd. ( "Air China Cargo" for short), completed the equity transformation, and its listing preparations began to enter a substantive stage, starting from a limited liability company. Strategically transformed into a joint-stock company to accelerate the pace of entering the capital market.

As the cargo airline with the strongest comprehensive strength in China, Air China Cargo owns 8 B777F freighters , 3 B747-400F freighters and 4 B757-200SF freighters . It is open to 43 countries and regions and 187 cities, and has strong domestic and foreign air transportation capabilities, domestic and foreign cargo terminal management capabilities, and domestic and foreign ground distribution capabilities.

Canadian e-commerce Shopify has completed the acquisition of US logistics network service Deliverr

On July 12, local time, Deliverr, a local logistics network service provider in the United States, announced that Canadian e-commerce Shopify had completed the acquisition of Deliverr . Deliverr will work with the Shopify Fulfillment Network to build a merchant-centric end-to-end logistics platform to help large-scale e-commerce and independent website sellers achieve business growth.

After officially joining Shopify, Deliverr will provide customers with innovative logistics solutions that are deeply integrated with the Shopify platform. In May, Shopify announced that it had reached an agreement with Deliverr to acquire the latter for $2.1 billion. It is reported that this is the largest transaction in Shopify's history and will create an end-to-end logistics service platform for millions of merchants on the platform.

Public number: Cross Whale Technology