hello~ A new week has started again, let's take a look at what happened in our cross-border e-commerce circle last week.

1. SHOPLINE launched the Buy Button function

SHOPLINE has introduced a Buy Button feature that allows merchants to create checkout buttons for published products, which can be added to external channels such as blogs and other websites (as long as there is a place to insert html custom code, this feature can be implemented). This feature can help sellers quickly expand sales channels, and also allow customers to purchase products without leaving the website, effectively shortening the transaction path and improving the conversion rate.
2. eBay Australia will update the category structure

A few days ago, eBay Australia issued an announcement saying that from September 20, it will add item details to certain categories, and once completed, sellers will see changes to the category structure and item details names. By adding item details, sellers' listings will match what buyers are searching for, which will make it easier for buyers to find and buy what they want, increasing Listing visibility and conversion rates.
3. Etsy launches video commenting feature

According to foreign media reports, recently, Etsy announced that it will open the video comment function to all buyers of iOS system. Currently iOS buyers can post up to 30 seconds of video or audio under a product review. Etsy said that some sellers may not provide product photos that are as comprehensive. Through video reviews, potential buyers will see real-life usage of the item, increasing the likelihood of a purchase, thereby boosting the seller's sales.

4. The new function of "matching product information" is launched on Amazon Japan.

Recently, Amazon Japan announced that it has launched a new function of "matching product information" for sellers, which can solve the problem of "8541 error code" when products are put on the shelves with one click. Product listings can be helped with the new "Match Product Information" feature, a new tool that allows sellers to compare product listings with existing products in Amazon's catalog with the same product code, and resolve product information matching issues with a single click.
5. RCEP helps China-ASEAN economic and trade cooperation to accelerate again

According to data released by the General Administration of Customs of China recently, in the first seven months of this year, China's imports and exports to ASEAN amounted to 3.53 trillion yuan, a year-on-year increase of 13.2%, accounting for 15% of China's total foreign trade value. China and ASEAN have strong economic complementarity, wide cooperation fields and great development potential. They are important trading partners of each other.
6. Shopee Taiwan Station added SLS logistics channel "Shrimp Overseas – Home Delivery (Overseas)"

A few days ago, Shopee issued an announcement saying that in order to better serve Shopee cross-border sellers and improve the competitiveness of products, Taiwan Shopee will add a new SLS logistics channel at 00:00 on August 23, 2022 (Beijing time): Shopee Overseas – Home Delivery (Sea Shipping) ) . This channel is enabled by default. If sellers do not want to use this channel, they can be closed in Seller Center. This logistics channel will be open to all sellers and will be gradually opened by SKU. It is expected that all SKUs will be able to use this channel in 1-2 weeks.
7. Amazon VAT service fee update

Amazon recently issued a notice that the VAT service fee update will be rolled out on October 1. Before the update, Amazon was offering a €50 discount on VAT registration fees per European country, with VAT filing fees as low as €33.30/month. From 1 October, the VAT registration fee will be €50 in the UK and Germany and €150 in FE, IT, ES, PL and CZ.
8. FedEx International Express announced the 2022 peak season surcharge standard

Recently, the US logistics provider FedEx has released an adjustment plan for peak season surcharges. The latest news shows that FedEx will begin to collect the first peak season surcharge on September 5 this year and will continue until January 15, 2023.
9. Shopee Singapore site added a new self-collection channel

Shopee news, in order to better serve cross-border sellers and enhance the competitiveness of goods. Shopee Singapore site will add a new channel for SLS-Standard Express – Pick Locker at 10:00 on 8/24/2022 (Beijing time).
10. Ozon’s revenue is 58.5 billion rubles

According to Ozon's unaudited operating and financial results for the second quarter of 2022, revenue increased by 58% year-on-year to 58.5 billion rubles. The main driver was service revenue (+185%), followed by platform commissions and advertising revenue, which for the first time ever surpassed merchandise revenue GMV rose 92% year-on-year to 170.6 billion rubles.
11. Workers at UK's largest container port go on strike

It is reported that nearly 2,000 workers at the Port of Felixstowe in the United Kingdom are on strike. Felixstowe Port is the largest and busiest container port in the United Kingdom. It receives about 2,000 ships every year, operates about 17 routes, and provides 33 services to and from more than 700 ports around the world. This route serves about 4 million containers each year, and undertakes about 48% of the UK's containerized freight. The shutdown of the port will have a significant impact on the UK's supply chain and logistics and transportation sectors such as shipping and road, and delays in customs clearance and cargo delivery are unavoidable. The total amount of affected import and export trade is nearly 800 million US dollars.
12. Amazon-branded sellers can handle bad reviews to boost customer engagement

A few days ago, Amazon’s US and European sites announced that brand sellers can now enhance brand loyalty and customer engagement by handling reviews that are Samsung or less than Samsung. According to reports, brand sellers can contact buyers who have left critical comments on their products through courtesy refunds, or use the buyer reviews feature in Seller Central. Sellers can see buyer reviews under the Branding option in Seller Central.
13. E-commerce sales in Southeast Asia grew 18% this year

E-commerce sales in Southeast Asia are forecast to grow 18 percent this year to $38.2 billion, according to the survey. E-commerce sales in the region are expected to climb further to $57.8 billion by 2026. E-commerce sales in Southeast Asia have grown rapidly, gradually becoming a leader in the retail sector. Indonesia, the largest e-commerce market in the region, is expected to reach $9 billion in e-commerce sales this year and is expected to rise to $17.4 billion by 2026. Meanwhile, the Philippines, Vietnam, Thailand and Malaysia are also key markets to watch.
14. Pinduoduo cross-border e-commerce platform supports the entry of individual industrial and commercial households

Pinduoduo's cross-border e-commerce platform North America has now supported individual industrial and commercial households to open individual stores, and has released the entry process. It is reported that to enter Pinduoduo North America station, it is necessary to provide a business license for individual industrial and commercial households, fill in the main information, conduct real-name verification, and fill in the store operation status.
15. TikTok Shop upgrades Polaris Polaris plan

A few days ago, TikTok Shop announced to upgrade the Polaris Polaris plan, intensify its efforts to support brands going overseas, and will provide customized support strategies and brand rights for brands at different business stages. This plan will design corresponding brand rights and interests for the core pain points of the brand in the TikTok Shop platform at various stages of operation, incubation, growth, and maturity. During the settlement period, the plan aims to help brands settle in quickly and make accounts available for sale. It will give brand product functional rights and operation support rights, namely "settled in Green Pass" and "one certificate for multiple opening rights".