Sea Group Expands Shopees Southeast Asia Focus with Malaysia Push

Sea Group Expands Shopees Southeast Asia Focus with Malaysia Push

Sea Group, Shopee's parent company, is strategically readjusting its focus back to the Southeast Asian market, with a significant bet on Malaysia. This involves increased investment, including the construction of large-scale logistics parks, aiming to strengthen its competitive advantage, address logistical challenges, and improve profitability. However, the market remains highly competitive, and whether Shopee can effectively convert growth into sustainable profits remains a key challenge.

WCO Expert Group Boosts Customs Efficiency with Enhanced Audit System

WCO Expert Group Boosts Customs Efficiency with Enhanced Audit System

The World Customs Organization (WCO) held a Post Clearance Audit (PCA) expert group workshop in Canada to revise the 2012 WCO PCA Guidelines and enhance global customs audit capabilities. Customs experts from six regions shared experiences and discussed key issues such as risk management and data analysis. The WCO will continue to follow up and utilize the CLiKC! platform to promote communication, helping customs administrations worldwide build more efficient and accurate audit systems.

Sikol Tech Joins Shenzhen Group to Advance Global Vaping Tech

Sikol Tech Joins Shenzhen Group to Advance Global Vaping Tech

SKELL Technology has joined the Shenzhen Smart Life Industry Association. Both parties will cooperate deeply in the field of atomization technology to promote industrial upgrading and help SKELL's brand achieve international development. The collaboration aims to leverage the association's resources and expertise to enhance SKELL's technological capabilities and expand its global market presence, ultimately contributing to the advancement of the smart living industry.

Singapore Eases Audit Rules for Small Firms Sets Group Limits

Singapore Eases Audit Rules for Small Firms Sets Group Limits

Singapore company audits consider both individual and group size. Even a small individual company within a large group may require an audit. This article details Singapore's audit exemption regulations, including the criteria for 'small companies,' 'small groups,' and 'dormant companies.' It outlines the steps to determine audit obligations, helping businesses accurately assess their compliance requirements before the annual audit and avoid potential risks. It clarifies that exceeding group size thresholds can negate individual audit exemptions, highlighting the importance of understanding group-level compliance.

Wuyouda Group Named Zhejiangs Top Private Multinational for AI Logistics

Wuyouda Group Named Zhejiangs Top Private Multinational for AI Logistics

Wu You Da Group has been awarded the title of “Leading Enterprise” among Zhejiang's private multinational companies. Leveraging its AI-driven intelligent decision-making platform and global operations network, the group is setting new standards in cross-border logistics. Through technological innovation and resource integration, Wu You Da optimizes supply chains, helping Chinese brands expand overseas efficiently and contributing to global trade development. The company's AI capabilities enable smarter logistics solutions and improved operational efficiency across its worldwide network.

01/26/2026 Logistics
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Ant Group Acquires Multisafepay for 200M to Boost Global Expansion

Ant Group Acquires Multisafepay for 200M to Boost Global Expansion

Ant Group plans to acquire Dutch payment company MultiSafepay for $200 million, expanding its global payment footprint. Alipay is focusing on its international version to enhance the cross-border payment experience. This acquisition and the development of Alipay's international platform signify Ant Group's continued efforts to strengthen its position in the global payment market and provide more convenient and efficient cross-border payment solutions for users worldwide. The move aims to capture a larger share of the growing international payment market.

Australian Ecommerce Firm Catch Group Shuts Down Amid Sector Struggles

Australian Ecommerce Firm Catch Group Shuts Down Amid Sector Struggles

Australian e-commerce platform Catch will close in 2025 after accumulating losses exceeding AUD 350 million. Its decline is attributed to high operating costs, ineffective marketing, and intensified market competition. Catch's closure sparks reflection on the importance of differentiated competition, refined operations, and adapting to market changes in the e-commerce industry. It also highlights the challenges faced by local e-commerce platforms when competing against international giants.

Zongteng Group Named Among Chinas Top 500 Service Firms Again

Zongteng Group Named Among Chinas Top 500 Service Firms Again

Zongteng Group has been recognized as one of China's Top 500 Service Enterprises for four consecutive years, with its ranking steadily improving, demonstrating its outstanding strength and stable development in the cross-border logistics sector. As a "Global Cross-border E-commerce Infrastructure Service Provider," Zongteng Group is committed to providing professional logistics service guarantees for Chinese enterprises, helping Chinese brands go global.

02/11/2026 Logistics
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