• Home
  • Services
  • Payment
  • FAQ
  • About
  • Contact
  • Blog
Amazon Europe Multisite Updates Sales Policy, eBay Extends Policy Protection Time
Amazon Europe Multisite Updates Sales Policy, eBay Extends Policy Protection Time
03/22/2022
Amazon audit requires Japanese PSE certification and MET filing
Amazon audit requires Japanese PSE certification and MET filing
03/22/2022

Strong demand in North America, Nike's earnings beat expectations; Amazon opens its first "same-day delivery" distribution center in the United States | Cross-border E-commerce Daily

03/22/2022
Categories
  • News
Tags
  • Cross-border e-commerce
  • market analysis
  • trade risk
Strong demand in North America, Nike's earnings beat expectations; Amazon opens its first "same-day delivery" distribution center in the United States | Cross-border E-commerce Daily

Zhimeitong | International Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Strong North American demand, Nike earnings beat expectations] Thanks to strong demand from North American consumers returning to stores, Nike’s third-quarter earnings beat market expectations. According to the financial report, Nike’s third-quarter earnings per share were 87 cents, compared with market expectations of 71 cents; revenue increased by 5% year-on-year to $10.87 billion, compared with market expectations of $10.59 billion; net profit was $1.4 billion, compared with $1.45 billion in the same period last year. .

Nike said sales in North America, its largest market, rose 9 percent in the quarter, while sales in its third-largest market, Greater China, fell 5 percent from a year earlier. Thanks to more full-price sales, Nike's gross margin edged up to 46.6% from 45.6% a year earlier.

[Amazon Opens First Same-Day Delivery Center in Massachusetts] Amazon announced the opening of its first “Same-Day Delivery” distribution center in Massachusetts, USA. The center ships millions of products to consumers in the Greater Boston area within hours of receiving an order. The new distribution center reportedly spans approximately 155,000 square feet and handles product categories including baby, beauty and wellness, kitchen and dining, electronics and pet supplies.

[Federal Reserve Chairman: More aggressive interest rate hikes will continue until U.S. inflation is under control] Federal Reserve Chairman Jerome Powell said on March 21, local time, that the current U.S. inflation rate is too high, and the Fed will take necessary measures to solve the problem.

Powell said that the current U.S. labor market is very strong, and the inflation rate is too high. The Fed will take necessary measures, and more aggressive interest rate hikes will continue until inflation is under control. Powell said a rate hike could exceed 0.25% if necessary.

[Fitch significantly raised its short- and medium-term global oil and gas price target] Fitch International released a report that significantly raised its international oil and gas price forecast for the past two years. According to the latest target price of Fitch International, the target price of the Brent oil benchmark in 2022 and 2023 was raised to US$100/barrel and US$80/barrel, respectively, from the previous expectations of US$70 and US$60 respectively; the target price of WTI crude oil in the next two years is also Raised to US$95 and US$76; however, Fitch believes that international oil prices will fall back to the previous long-term target price from 2024.

[US Centers for Disease Control and Prevention (CDC) predicts new crown variant trends] The US Centers for Disease Control and Prevention (CDC) predicts that the highly contagious Omicron BA.2 variant will soon dominate the United States. The variant accounted for about 23% of cases in the U.S. as of March 12, up from about 14% the week before. The data showed that it took less than two weeks for the initial Omicron variant to surge from less than 10% to three-quarters in December 2021.

[The United States made the first double-reverse sunset review of polyethylene terephthalate resin industry damage final ruling] The US International Trade Commission (ITC) voted on polyethylene terephthalate resin imported from China and India (Polyethylene Terephthalate Resin) made the first affirmative final ruling on anti-subsidy industrial damage, and made the first affirmative final ruling on anti-dumping industrial damage on polyethylene terephthalate resin imported from Canada, China, India and Oman : Ruling that if the current anti-dumping and countervailing measures are lifted, the substantial damage to the U.S. domestic industry caused by the import of the product in question may continue or recur within a reasonably foreseeable period. According to the final ruling, the current anti-dumping and countervailing measures in this case continue to be effective. In this ruling, five members of the US International Trade Commission voted affirmatively.

[Apple's outage event affected both the application and its internal systems] Recently, Apple has experienced extensive outages, and some users cannot use the Apple Store (App Store), Apple Music (Apple Music), Apple Cloud (Apple iCloud), etc. Services, corporate and retail systems within Apple were also temporarily paralyzed. Apple employees said the issues prevented company employees from working from home and retail store employees from completing tasks. Downtime affects product repairs, exchanges and pickups, as well as the ability of corporate employees to communicate and access internal websites. Apple told employees that the outage was due to a domain name system problem.

[Nielsen rejects $15 billion takeover bid from private equity consortium] Nielsen has rejected a $15 billion takeover bid from a consortium of private equity firms, saying its offer "grossly" undervalues ​​the company. Nielsen said in a statement that the offer valued the company at $25.40 per share, a price that "is not sufficient to compensate shareholders for their expectations of Nielsen's growth prospects."

[Euro zone core inflation is expected to peak in April] According to forecasts, the euro zone core inflation rate will peak at 3.1% in April this year, and the overall inflation rate will peak at 7.7% in July, after which inflation is expected to ease. slow. Goldman Sachs predicts that the core inflation rate in December this year will be 2.2% year-on-year, and the overall inflation rate will be 6.6% year-on-year, and said that looking forward to the near future, it continues to expect basic inflation and long-term inflation expectations indicators to rise, which will lead to the gradual accumulation of basic inflation pressures.

[Several natural gas sales outlets in Italy shut down due to soaring energy prices] The Federation of Italian Gas Sales and Transportation Enterprises warned on the 21st local time that the surge in natural gas prices has forced the closure of many sales outlets in the country, calling on the government to take measures as soon as possible.

[CMC Markets: EUR/USD may experience a short-term technical recovery] British financial services company CMC Markets said that the EUR/USD may experience a short-term recovery. The euro's upside momentum remains constructive as the four-hour RSI continues to hover above the key 41% support level. Meanwhile, EUR/USD formed a bullish intra-week "morning star" candle pattern last week, indicating that market sentiment has shifted from negative to positive, and at least one technical rebound is likely in the next few weeks, with EUR/USD intermediate resistance at 1.1120, key medium-term support The point is 1.0900.

[Kemira announces price increase for AKD wax powder] Kemira, the world's leading chemical supplier for water-intensive industries, announced an increase in the price of specific AKD (alkyl ketene dimer) wax powder sizing products sold in the Asia-Pacific market. The price increase range is 10%-30%. The relevant price increase adjustment will be effective immediately, or if the existing contract involving AKD wax powder products allows it to be implemented immediately.

[Supply chain person: DDR5 memory supply is increasing, and industrial control application demand takes the lead] With the emergence of server, data center and high-efficiency computing (HPC) needs, the DDR5 ecosystem has become more complete, and international manufacturers have successively promoted the amount of DDR5 memory. production, and the pace of DDR5 deployment by module factories is accelerating. The supply chain person pointed out that the gap between the overall supply and demand of DDR5 is continuing to narrow, but the price difference between DDR5 and DRR4 is more than doubled, and it is difficult for the consumer market to accept it. In 2022, the industrial control niche market will take the lead.

[The Supreme Court of South Korea ruled that the tax department should return 11.3 billion won of corporate tax to Samsung] The Supreme Court of South Korea made a final judgment on the case that Samsung Electronics filed a lawsuit against the tax department to return 11.3 billion won (approximately RMB 59.34 million) of corporate tax related to Microsoft's patent fees. Judgment in favor of the plaintiff. It is reported that Samsung Electronics signed an agreement with Microsoft on the use of patents in July 2011, and from 2012 to 2015, while paying the patent royalties, it withheld from the tax department in the form of withholding according to the "Korea-US Tax Agreement". A corporate tax of up to 15% of the patent fee is paid.


Zhimeitong | Domestic Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[The state will reduce and consolidate port operation service charges from April] The Ministry of Transport and the National Development and Reform Commission recently issued the "Notice on Reducing and Consolidating Port Charges and Other Related Matters", requiring that port operations be reduced and consolidated from April 1. Service charge items, targeted reduction of pilotage (mooring) charges, and expansion of the scope of ships for which ships can decide whether to use tugboats independently, reduce the logistics costs of cargo owners and shipping companies, and promote the optimization of the port business environment.

[Hainan takes the lead in promulgating the implementation measures of the fair competition review system] The Hainan Free Trade Port Fair Competition Committee took the lead in issuing the "Hainan Free Trade Port Fair Competition Review System Implementation Measures (Interim)". The interim measures will be implemented from May 1 this year. They will effectively regulate the behavior of policy-making agencies, prevent and stop the introduction of policies and measures that exclude and restrict competition, and gradually clean up and abolish various regulations and practices that hinder a unified market and fair competition. and promote a fair, unified and efficient market environment.

[Xpeng Motors’ overall price increase is up to over 30,000] Xiaopeng Motors’ overall price increase, and the three main models are all included in the price increase. Specifically, only the 562E performance version of the popular P7 model did not increase in price, and other versions of the models have increased prices to varying degrees. The price increase of 670G, 670N and 670N+ is the smallest, about 10,000, while the price increase of 670E and 670E+ is the smallest. The price range can be described as staggering, both of which are more than 30,000, and the highest is 32,600 yuan. After the price increase, the starting price of Xiaopeng P7 has reached 239,900 yuan.

[The price of two rounds will also increase, Mavericks Electric: starting from next month, the maximum increase of 1,000 yuan for all lithium battery products] The rising cost of batteries will not only affect new energy vehicle companies, but also the price of two-wheeled electric vehicles. Niu Electric (NIU) issued an announcement saying, "Because of the sharp rise in raw materials (prices) such as upstream lithium batteries, Niu Electric will raise the retail guide price of all lithium battery products on April 1, 2022, and the increase amount will be 200-1000. Yuan varies."

Zhimeitong | Logistics Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Containers about to be shipped to China caught fire in the Port of Los Angeles] According to reports, a container fire accident occurred in the Port of Los Angeles recently. The U.S. Coast Guard said after an investigation that the cause of the fire was an incorrectly labeled cargo declaration, and that the "lithium-ion battery" label on the bill of lading was incorrectly labeled as "synthetic resin." The container in question was due to be loaded onto a ship bound for China, and the U.S. Coast Guard has detained all 48 containers of the cargo shipper until it is determined that the containers meet safety regulations. "Undeclared dangerous goods pose a serious risk to the safety of ships, ports and workers," the port chief said.

Source: China Aviation Weekly

[ONE will purchase 6,500 new refrigerated containers, and the demand for refrigerated containers is expected to continue to grow this year] ONE recently announced that it plans to add 6,500 refrigerated containers to meet the growing transportation demand. The plan is based on ONE's optimistic outlook for the future of the reefer container market, where the company expects demand for reefer containers to continue to grow this year. In addition, ONE emphasized that this batch of new boxes contributes to environmental protection, because these new boxes will no longer use traditional pollution-causing solvent-based paints, but water-based paints.

[Evergreen purchased three more 24,000 TEU ships in Hudong-Zhonghua] Evergreen Shipping has signed a new shipbuilding contract with Hudong-Zhonghua, a subsidiary of CSSC, to build three more 24,000 TEU container ships. Evergreen will pay between $160 million and $190 million per vessel, for a total of up to $550 million. The delivery date for the latest order has not been disclosed.


Zhimeitong | E-commerce highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Amazon Launches New Brand Referral Bonus Program] Amazon US released an announcement to introduce a new "Brand Referral Bonus Program" for brand sellers. The new program can help sellers sell while providing additional bonus incentives for sellers. The following is the announcement content:

If a brand seller attracts traffic from outside Amazon to the seller's listing, they can receive an average of 10% of the sales generated by the promotion of product sales as a bonus;

If a buyer continues to purchase any branded product from the branded seller within two weeks, the branded seller can earn an additional 10% of the sales generated as an additional bonus. Bonuses are offered in the form of referral fee credits.

[eBay extends policy protection time] The eBay platform has announced a protection policy against the impact of the epidemic that hinders sellers' operations. As the recent domestic epidemic situation is still severe, the platform has decided to:

The protection policy time will be further extended, that is, for transactions shipped from mainland China and Hong Kong and the payment time is from March 16 (inclusive) to March 21 (inclusive) Beijing time;

If the seller submits the order cancellation application before 23:59:59 on March 24th, Beijing time and the reason for the cancellation of the transaction is Stockout, the platform will protect it uniformly, and the stockout record generated by the relevant transaction And the out-of-stock-related middle and bad reviews will be removed.

[Shopee Announcement: Policy Notice on Product Publishing Quality Requirements] Starting from March 21, 2022, the Singapore site, Vietnam site, and Taiwan Shopee will check the product listing of the seller's store every Monday. If the quality of the product listed in the seller's store is not high will be subject to the following penalties.

Singapore site, Vietnam site, Taiwan shrimp skin standard:

Source: Shopee

Polish site, Spanish site standard:

Source: Shopee

Last Morning Post: The new crown variant BA.2 strain may cause the US epidemic to rebound; the US has launched a double anti-counterfeiting investigation on stainless steel sheets and strips | Cross-border E-commerce Daily

This article is edited and organized by Zhimeitong Research Institute. The pictures and information are from the Internet, and the copyright belongs to the original author. This article does not represent that this subscription number agrees with its views and is responsible for its authenticity. Unauthorized reproduction, adaptation or creation of mirror images is not allowed. If you need to reprint, please leave a message in the background to apply and obtain authorization. The content of this article is for general discussion only and does not constitute any commercial or legal advice or services. The trademarks and pictures used or cited in this article, such as remarks, are from the Internet, and the copyright belongs to the original author and is not used for commercial purposes.

Share
0

Related posts

How do Amazon, Walmart, Shopee, Meikeduo and other cross-border platforms maintain their own account evaluations, and what are the procedures?
02/01/2023

How do Amazon, Walmart, Shopee, Meikeduo and other cross-border platforms maintain their own account evaluations, and what are the procedures?


Read more
Knowledge Sharing of American Overseas Warehouse Agents: How Amazon Promotes Its Own Brand
02/01/2023

Knowledge Sharing of American Overseas Warehouse Agents: How Amazon Promotes Its Own Brand


Read more
Why Amazon’s live streaming has such a big impact on Black Friday, you’ll know after watching it
02/01/2023

Why Amazon’s live streaming has such a big impact on Black Friday, you’ll know after watching it


Read more

Find us here


Contact with us


Arthink Network Technology Co., Ltd.

support@amzwizard.net

chenchen2679@gmail.com

Localization


Shenzhen, Guangdong
China

Terms and others


Privacy

Terms of Use

© 2015-2022 AmzWizard. All Rights Reserved.
    Wechat

    ID: fhstudio01

    QRCode:

    Amazon seller service,Amazon fba service,Amazon review service,Amazon appeal service,remove negative review