Shopify Payments Expands Access for Chinese Merchants

Shopify Payments Expands Access for Chinese Merchants

Shopify Payments is the official payment solution for Shopify, streamlining payment processes and reducing transaction fees. Typically, Chinese merchants require overseas company qualifications to activate it, but some channels allow applying for an EIN tax ID with domestic information. Activation requires ensuring the authenticity of information, compliant operation, and selecting a reliable service provider. This article provides a detailed guide to help Chinese merchants successfully activate Shopify Payments.

01/06/2026 International Settlement
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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.

01/06/2026 Logistics Industry Insights
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Amazons Flywheel Effect Fuels Ecommerce Growth

Amazons Flywheel Effect Fuels Ecommerce Growth

This article provides an in-depth analysis of the Amazon Flywheel Effect, highlighting its value as a core strategy for driving e-commerce growth. It dissects the operational mechanism of the Flywheel Effect and offers practical guidance on building a company-specific growth flywheel, ultimately helping businesses achieve sustainable development. Understanding and implementing this strategy can lead to significant and lasting improvements in a company's growth trajectory, mirroring Amazon's success.

12/31/2025 Logistics Industry Insights
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Tiktok Lowers Revenue Forecast Amid Slowing Ad Growth

Tiktok Lowers Revenue Forecast Amid Slowing Ad Growth

Affected by the global online consumption slowdown, TikTok has lowered its annual revenue target to approximately $10 billion, primarily due to hindered growth in advertising and e-commerce. The company is undergoing business restructuring, with the North American General Manager reassigned to oversee TikTok Shop. Despite facing challenges, TikTok leads in US advertising revenue and is actively developing its e-commerce business. Its future development is worth watching.

12/31/2025 Logistics Industry Insights
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Globex Corp Expands Overseas with Energy Storage Push

Globex Corp Expands Overseas with Energy Storage Push

Giant Technology's application for overseas listing has been accepted, marking a significant step in its globalization strategy. With a solid core business and emerging energy storage business, the company continues to optimize its global production capacity layout. This is expected to further enhance its market competitiveness and expand its presence in overseas markets. The overseas listing will provide more opportunities for Giant Technology to access international capital and resources.

12/31/2025 Logistics Industry Insights
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Lazada and Shopee Vie for Ecommerce Dominance in Southeast Asia

Lazada and Shopee Vie for Ecommerce Dominance in Southeast Asia

Lazada and Shopee are fiercely competing in the Southeast Asian e-commerce market. Lazada currently holds a leading position, but Shopee is rapidly catching up. The future winner will likely be the company that best understands local needs and effectively addresses logistical and payment challenges specific to the region. Success hinges on providing tailored solutions that resonate with Southeast Asian consumers and overcoming the unique hurdles present in this dynamic market.

12/30/2025 Logistics Industry Insights
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Ecommerce Firms Cut Perks Amid Crossborder Industry Downturn

Ecommerce Firms Cut Perks Amid Crossborder Industry Downturn

The cross-border e-commerce industry is facing a winter, with layoffs, salary reductions, and benefit cuts becoming widespread. This article reveals the current state of the industry, using a well-known cross-border e-commerce company in Guangzhou as an example to analyze the impact of its salary adjustments. It also explores how companies and individuals can cope with the challenges and strive for survival and development amidst industry changes.

12/30/2025 Logistics Industry Insights
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Yibaitongs Crossborder Supply Chain Solution Aids Global Brand Expansion

Yibaitongs Crossborder Supply Chain Solution Aids Global Brand Expansion

Ebaotong is a comprehensive logistics company specializing in cross-border supply chain management, providing one-stop logistics solutions to help brands go global. Its core advantages include industry cluster empowerment, diversified logistics products, and digital operation. Ebaotong's dedicated line services cover major global markets, its overseas warehouse services support localized operations, and its domestic pick-up network covers the entire country. Choose Ebaotong to build a global brand.

12/30/2025 Logistics Industry Insights
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Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk recently revealed that the average effective tariff in the U.S. currently stands at 21%, significantly down from 54% in April. The company anticipates that global trade and consumer confidence in the coming months will be influenced by a potential trade agreement expected to be reached by July 9. Clients across various industries are gradually reducing their dependence on China, demonstrating the flexibility of businesses to adapt to changes in international trade.

08/06/2025 Logistics Industry Insights
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Guide to Compliance for Lighter Exports Simplifies Shipping

Guide to Compliance for Lighter Exports Simplifies Shipping

This article, from a data analyst's perspective, provides an in-depth analysis of the compliance, inspection, and booking procedures for Class 2.1 lighter exports. It emphasizes the need for companies to strictly adhere to international and domestic regulations, ensuring product safety through type testing and routine inspections. Choosing the appropriate shipping company for booking and paying attention to the import qualifications of foreign buyers are crucial for risk mitigation and successful expansion into overseas markets.

08/21/2025 Logistics Encyclopedia
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