Gansu Merges Internet and Logistics to Reduce Costs

Gansu Merges Internet and Logistics to Reduce Costs

Gansu Province is implementing the "Internet+ Circulation" action plan, integrating rural express logistics resources, building a provincial logistics platform, guiding the digital transformation of traditional enterprises, and attracting large e-commerce and logistics companies to establish smart warehousing centers. This initiative aims to reduce logistics costs, improve circulation efficiency, and build an efficient and convenient modern circulation system.

09/26/2025 Logistics
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Yuan Surge Squeezes Profits for Crossborder Ecommerce Sellers

Yuan Surge Squeezes Profits for Crossborder Ecommerce Sellers

The appreciation of the RMB exchange rate puts pressure on the profits of cross-border e-commerce sellers, who face the challenge of choosing the right time for foreign exchange settlement. This article analyzes the reasons for exchange rate fluctuations and provides sellers with coping strategies such as rational foreign exchange settlement, risk diversification, enhancing product competitiveness, and multi-channel operation. It suggests prudent operation and brand building to cope with exchange rate risks and maintain profitability in the face of market volatility.

Banggood Implements Layoffs Pay Cuts Amid Financial Struggles

Banggood Implements Layoffs Pay Cuts Amid Financial Struggles

Guangzhou's major cross-border e-commerce seller, Banggood, recently faced a "bankruptcy" rumor, which the company denied. However, layoffs and salary reductions have triggered strong dissatisfaction among employees. Issues like performance reforms, welfare cuts, and disguised layoffs reveal the difficulties and challenges faced by the cross-border e-commerce industry during its transformation. This situation raises profound reflections on corporate social responsibility and the protection of employee rights within the industry.