1. Alibaba's e-commerce platform Lazada plans to enter the European market

Alibaba-owned Lazada Group is preparing to enter Europe, building on its success in Southeast Asia to compete with rivals such as Amazon and Zalando SE.

Lazada CEO Dong Zheng said its specific plans will depend on economic development and market conditions, without disclosing when it plans to enter the European market or specifying which countries. This week, Alibaba disclosed that it invested $912.5 million in its Southeast Asia unit, bringing capital inflows this year to $1.3 billion.

2. YTO Airlines introduced the ninth Boeing B757 all-cargo aircraft

On September 5, YTO announced that YTO Airlines has ushered in a new Boeing B757-200 all-cargo aircraft. This is the sixth aircraft that YTO Airlines has introduced this year and the ninth Boeing B757 all-cargo aircraft of YTO Airlines. It is reported that the new freighter will be put into the South Asia route of YTO Airlines in the follow-up.

YTO Airlines has opened 8 regular international routes in South Asia, covering India, Pakistan, Bangladesh and other countries. The Boeing B757 freighter with a one-way load capacity of nearly 30 tons is the main aircraft for such routes. In addition, YTO Airlines will also open an intercontinental trunk line to open up the international cargo aviation market in Europe and North America.

3. SHEIN’s GMV increased to US$16 billion in the first half of the year

It was reported on September 5 that in the first half of 2022, SHEIN's sales exceeded 16 billion US dollars, with a year-on-year growth rate of over 50%. With the arrival of the peak season, SHEIN is expected to complete the annual sales target of 30 billion US dollars ahead of schedule, which is earlier than the original plan. for a year. In the past three years, SHEIN's performance has shown explosive growth.

In 2020, its GMV will exceed 10 billion US dollars for the first time, with a growth rate of 250%; in 2021, this figure will reach 20 billion US dollars, and its self-operated revenue will be nearly 16 billion US dollars. In the second quarter of 2022, SHEIN’s 6.8 million installations on the US mobile terminal once again surpassed Amazon’s, with a quarter-on-quarter increase of 13%. Although the former’s MAU in the second quarter was three times that of SHEIN, the gap between the two is shrinking. According to a person familiar with the matter, SHEIN’s DAU in the second quarter has exceeded 30 million (peak 32 million), with a growth rate of 15%.

4. Cross-border e-commerce company Tri-State Co., Ltd. passed the meeting

On September 5th, the GEM Listing Committee issued an announcement stating that Shenzhen Three-State E-Commerce Co., Ltd. was approved for the first time and met the issuance conditions, listing conditions and information disclosure requirements.

Sanstate is a comprehensive enterprise engaged in export cross-border e-commerce retail and third-party export cross-border e-commerce logistics, mainly through more than 20 overseas third-party e-commerce platforms such as eBay, Amazon, AliExpress, Wish, Lazada, Shopee, etc. Sales. According to the prospectus, from 2019 to 2021, the operating income of the three states will be 1.567 billion yuan, 1.994 billion yuan, and 2.266 billion yuan respectively. In each period, the cross-border e-commerce revenue accounted for 69%-81% of the main business revenue of Sanstate, and the cross-border logistics revenue accounted for 19%-31%. Net profit was 153 million yuan, 214 million yuan, and 156 million yuan respectively.

5. Amazon launches new warehousing and delivery service

On September 5, Amazon announced the launch of a new Amazon Warehousing and Fulfillment (AWD) service to help sellers cache large amounts of inventory and support delivery to any place to ease tight supply chain issues.

Amazon said sellers can start using the new service, called Amazon Warehousing and Fulfillment (AWD), starting in 2023 for wholesale customers or brick-and-mortar stores. The pay-as-you-go service will also assist sellers in growing and managing their businesses while slashing costs.

6. Lazada Malaysia postpones the effective time of the FSM commission increase

News on September 5th, in order to allow sellers time to make corresponding adjustments and enjoy more free shipping activities during 9.9 MEGA, Lazada Malaysia announced that the FSM commission originally scheduled to take effect on September 1, 2022 will be reduced from 4 % increase to 5% policy postponed until September 15, 2022. The minimum threshold of RM8 and the deductible amount of RM5 for the new free shipping discount coupons will still take effect on September 1, 2022, helping sellers in the 9.9 promotion and providing consumers with a better consumption experience.

7. Global logistics DSV Indonesia officially signed a contract with oTMS

It was reported on September 5 that DSV Indonesia, a global logistics service provider, officially signed a contract with the transportation management cloud platform oTMS. DSV Indonesia will adopt the SaaS TMS international version solution provided by oTMS to optimize the order management process, realize in-transit visibility, multi-transport mode management, online reconciliation and data intelligence.

The international version of SaaS TMS independently deployed by oTMS overseas is dedicated to helping companies in the Asia-Pacific region accelerate the digitalization of their local and international logistics and transportation management systems, and support their continued business growth in the Asia-Pacific region.

8. Mercado Libre to invest 1 billion reais in Brazilian logistics network

On September 5th, Latin American e-commerce merchant Mercado Livre announced that it had completed a financing of 1 billion reais in the Brazilian market. Under the provisions of the CVM Directive, restricted public offerings are divided into two series, in the form of Certificates of Real Estate Receivables (CRI).

For the first time in this form of operation, the company will invest resources to expand, revitalize and modernize its logistics structure in Brazil. The offer is made in two series and coordinated by Itaú BBA, Bradesco BBI and Safra, who are leading the transaction. This year Mercado Livre has announced the opening of four new distribution centers, which will increase its daily trading capacity in Brazil by more than 1 million bales. By the end of 2022, the company will have a logistics structure consisting of 12 distribution centers, 1 receiving center, 1 sorting center, 20 cross-docking centers and more than 100 service centers. At present, the platform has achieved same-day delivery in 100 major cities, accounting for 20% of sales.

9. PriceOye.pk, an e-commerce platform, completed a seed round of financing of US$7.9 million

According to news on September 5, Pakistani e-commerce platform PriceOye.pk recently successfully obtained a seed round of financing of US$7.9 million led by the American JAM Fund. PriceOye is an electronics-focused platform that recommends the right products for consumers to help them make informed purchasing decisions.

Proceeds from this round of financing will be used by PriceOye to expand its platform offerings and products, expand its partner delivery network, and strengthen its position as a leading e-retailer in Pakistan.

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Official account: Bai Xiaosheng, cross-border e-commerce logistics