by admin | Dec 15, 2021 | News
Singapore-based Shopee has replaced US e-commerce giant Amazon to be the number 1 e-commerce application worldwide this year, according to data published by Adjust and Sensor Tower, a market intelligence provider of global application economy. Last year, the champion of global e-commerce application went to Amazon.
Session lengths prolonged this year to 10.56 minutes, up from 10.07 minutes in 2019, it said. The largest increase was seen from Latin American (27%), compared to global level at 12% growth, data showed. Asia and EMEA was at a similar growth level as world average at 10% and 13%, respectively.
Installs of global e-commerce application was up 10%, with a 12% increase in conversation between shoppers and merchants, it added.
Average monthly active users among top 150 e-commerce application surged to 18 million in 3Q21, from 14 million in 1Q19, data said.
Launched in 2015, Shopee is currently a leading e-commerce platform in Southeast Asia and Taiwan, providing customers with an easy, secure, and fast online shopping experience through strong payment and fulfilment support, according to its official website.
The platform is available in 15 countries including France, Spain, Poland, Brazil, Columbia, Chile, Mexico and India, other than Southeast Asia and Taiwan.
by admin | Sep 20, 2021 | News
International sea freight forwarders have lifted General Rate Increase (GRI) worldwide for October, leading to an expectation on record high prices in the fourth quarter as ports are congested, media reports said.
GRI from Far East to North America will raise US$1,000 to US$3,000 per forty-foot equivalent unit (FEU) starting from 1 October, with Hapag-Lloyd, the fifth largest sea freight forwarder, leading the increment at US$3,000, while CMA CGM, the fourth largest forwarder, added US$2,000.
Several international forwarders also charged GRI for returning trip, it said, for US$1,000 per FEU.
This comes as a surprise to the industry with the recent US and China plan to suppress and freeze sea freight rates, respectively, a media report cited a sea freight forwarder as saying.
Shanghai Containerized Freight Index (SCFI) on 3 September has surged to 4,502.65, reaching record high and increased 2.67% compared to a week earlier. Of which, freight rates from Far East to US West Coast stood at US$6,266, up 5.3%.
Sea freight rates climbed to US$7,443 per twenty-foot equivalent unit (TEU) on 6 September for Far East to Europe. For Asia routing, it also increased 2% to US$883 per TEU.
#eurus #aircargo #seafreight #rates
by admin | Sep 1, 2021 | News
Air cargo prices in Shanghai surges 70% to 80% since mid-August as the number of flights reduced, China Central Television said. The case is especially serious on European routes that prices climb to an average of CNY55/kg from CNY30/kg, with a reduction of about 50 flights, the Chinese media cited a local freight forwarder as saying.
The situation could last for longer than expected as it is moving into peak season for the delivery of new electronic products. Electronic, pharmaceutical, and chemical goods are mostly delivered by air.
An analyst on transportation industry also expects logistics prices will further increase as cargo trapped in Shanghai warehouses currently are released while the traditional consumption peak season in second half is coming.
The flight halt started in mid-August when new COVID-19 cases founded in Shanghai Pudong International Airport, front-line staff are also reduced. It is estimated that the number of international cargo flights have reduced by at least 30%. A few airlines have stopped the flights to and from Japan and Korea.
#eurus #aircargo #pvg
by admin | Aug 27, 2021 | News
That’s why it is important to have an experienced and responsible freight forwarder.
#eurus #aircargo #dangerousgoods
by admin | Aug 8, 2021 | News
The sixth Olympic medal for Hong Kong! Kudos to Sarah Lee Wai-sze!!
#teamhk
