Highlights! THE Alliance (Hapag-Lloyd, ONE) launches new services to meet the rapidly growing market demand

1. THE Alliance announces new transatlantic services

According to news on January 25, recently, in addition to the Asia-Europe and trans-Pacific route services announced at the end of last year, THE alliance including Hapag-Lloyd, ONE, Yangming and HMM recently revised its 2021 transatlantic service.

The partners of THE Alliance said in a joint statement that they have evaluated and reconfigured the service settings of THE Alliance to provide more concentrated products and further improve reliability while maintaining the existing extensive port coverage .

However, members of the alliance will continue to suspend their transatlantic AL1 loop indefinitely. The new transatlantic service will start operating in the second quarter of 2021 and will continue to provide 4 services.

The alliance stated that its purpose is to provide customers with a more stable network through changes in the transatlantic service network to meet growing market demand.

2. Throwing 300 million pounds! SHEIN or will become Arcadia Group “Gold Master”

According to news on January 25, since Arcadia Group initiated the bankruptcy liquidation process last year, there have been 7 companies participating in the bidding, and the fast fashion cross-border e-commerce company SHEIN from China may win with a bid of 300 million pounds. The first to get out was British local fashion group Next. NEXT said that because it “cannot meet price expectations” in this competition, it can only withdraw with regret.

At present, among the remaining six large companies, there is still no definite number of who can finally include the Arcadia Group. However, SHEIN threw 300 million pounds to participate in the competition and stole the show.

3. AliExpress Russia: January sales of decompression products doubled in the same period last year

News on January 25, according to reports, the press office of AliExpress Russia (AliExpress Russia) released a message that from January 1 to 18, 2021, the sales of relief products on AliExpress Russia will be 2020 It is 2 times the same period and 3 times the same period in 2019. In addition, the popularity of decompression products in January 2020 was higher than in December 2020, and the demand for such products increased by 60% month-on-month.

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4. The revenue of African e-commerce company Jumia closed up 24.99% on Friday, and its stock price hit a record high

According to news on January 25, Jumia Technologie, an African e-commerce company listed in the U.S., hit a high of 57.43 U.S. dollars in intraday trading, setting a new listing high, which was 26.7 times higher than the low of $2.15 on March 18, 2020.

As of the close, Jumia rose 24.99% to 56.96 US dollars, the latest market value of 4.618 billion US dollars. Andrew Left, founder of Citron Research, said he was bullish on Jumia to $100.

5. “Cross-border products” column is launched in the backstage function area of ​​Douyin e-commerce

According to news on January 25, it was reported that a few days ago, the “Cross-border Commodities” section of the back-end function area of ​​Douyin e-commerce has been launched, and the “Guidelines for Cross-border Margin Offline Payment” for cross-border merchants have also been released.

Douyin pointed out in the “Small Store Platform User Service Agreement” Global Purchase Service Special Description that Douyin cross-border products will carry the “Global Purchase” logo, and remind consumers of cross-border bonded products in accordance with relevant regulatory requirements. For example, secondary sales, quotas, and anti-scratch orders are not allowed.


6. The total revenue of Cambodia Post in 2020 is 6.5 million U.S. dollars, down nearly 50% year-on-year

According to news on January 25, the director of the Cambodia Post Office, Ubola, said that due to the impact of the new crown pneumonia epidemic, the total revenue of the Cambodia Post Office in 2020 will be 6.5 million US dollars, which is a 46% drop from the 13 million US dollars in 2019.

Ubera specifically pointed out that from March to July 2020, due to the suspension of sending mail and parcels to foreign countries, the post office had no income during the period. He said that the epidemic will continue to spread globally in 2021, and the delivery of mail to foreign countries will continue to be affected.

This article is reproduced from State Reading Network.

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