Category: News

SHOPEE REPLACES AMAZON AS 2021 GLOBAL #1 E-COMMERCE APP, DATA SAYS

SHOPEE REPLACES AMAZON AS 2021 GLOBAL #1 E-COMMERCE APP, DATA SAYS

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.

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SHANGHAI AIR FREIGHT PRICES SURGE UP TO 80% AS FLIGHTS CUT

SHANGHAI AIR FREIGHT PRICES SURGE UP TO 80% AS FLIGHTS CUT

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.

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CHINA TO ADD CBEC PILOT ZONES AFTER 10x ECOMMERCE GROWTH IN 5 YEARS

CHINA TO ADD CBEC PILOT ZONES AFTER 10x ECOMMERCE GROWTH IN 5 YEARS

China is going to replicate the existing cross-border eCommerce (CBEC) pilot zones to the whole country for international market expansion between 2021-2025, Premier Li Keqiang said earlier. The State Council unveiled 46 new comprehensive pilot zones for CBEC, bringing the total to 105 zones in 2020.

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