Banggood Cuts Jobs Amid Crossborder Ecommerce Challenges

Banggood Cuts Jobs Amid Crossborder Ecommerce Challenges

The 'standby employment' incident involving some employees at Banggood in Guangzhou reflects the challenges facing the cross-border e-commerce industry. External factors such as the pandemic, geopolitical risks, and high inflation, coupled with internal pressures like tightened platform policies and rising logistics costs, have led to business difficulties. Cross-border e-commerce companies need to actively transform and upgrade through refined operations, diversified channel expansion, technological innovation, and compliant operations to survive and thrive in the fierce market competition.

South Korea Tightens Rules on Overseas Ecommerce Firms

South Korea Tightens Rules on Overseas Ecommerce Firms

South Korea plans to revise the Electronic Commerce Act, requiring cross-border e-commerce platforms like Temu and AliExpress to appoint domestic agents in Korea to address consumer rights issues. The new regulations also cover consumer information protection and advertising standards, aiming to create a safer and more reliable cross-border e-commerce environment for Korean consumers. This may encourage cross-border e-commerce platforms to adopt a more localized approach in their operations within South Korea, enhancing consumer protection and ensuring compliance with local laws.

11/03/2025 Logistics
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Ecommerce Brands Leverage Kols for Crossborder Expansion

Ecommerce Brands Leverage Kols for Crossborder Expansion

This article delves into the critical aspects of KOL marketing in cross-border e-commerce. It emphasizes the importance of channel selection, influencer screening, key collaboration points, and sustained investment. Through refined operations, cross-border e-commerce businesses can effectively leverage influencer marketing to achieve order conversion, fan acquisition, and brand enhancement, ultimately unlocking the secret to explosive sales growth. It highlights the need for a strategic and well-executed approach to maximize the benefits of KOL marketing in the competitive cross-border e-commerce landscape.

Guide to Building an Ecommerce Site for Global Sales

Guide to Building an Ecommerce Site for Global Sales

This article provides an in-depth analysis of building and operating independent cross-border e-commerce websites, covering key aspects such as platform selection, domain registration, traffic acquisition, compliant operations, and cross-border payment collection. By offering practical advice and addressing common questions, it aims to help sellers create sustainable growth in their cross-border digital assets and tap into overseas markets. The guide assists in navigating the complexities of establishing a successful online presence and maximizing opportunities in the global e-commerce landscape.

Tiktok Shop Raises Entry Bar for US and UK Sellers

Tiktok Shop Raises Entry Bar for US and UK Sellers

TikTok Shop has updated its onboarding rules for cross-border stores in the US and UK, significantly raising the bar. Stricter requirements are now in place regarding company qualifications, entity eligibility, and compliance reviews. Cross-border e-commerce sellers need to pay close attention to company registration duration, entity type restrictions, and compliant operations to successfully onboard and tap into the overseas market.

Ecommerce Firm Awards Luxury Cars to Top Performers

Ecommerce Firm Awards Luxury Cars to Top Performers

A Shenzhen-based cross-border e-commerce company rewarded its high-performing Amazon operations team with luxury cars and promised substantial year-end bonuses, sparking industry discussion. The company specializes in Amazon's premium product strategy, boasting a highly efficient team with impressive results. However, the industry generally faces a challenge of increased revenue without corresponding profit growth. Over 60% of operations staff may not receive year-end bonuses. The cross-border e-commerce sector presents both opportunities and challenges, with performance remaining the key determinant of success.

Banggood Adapts As Crossborder Ecommerce Slows

Banggood Adapts As Crossborder Ecommerce Slows

Banggood Guangzhou has suspended some operations and given employees early leave, reflecting the severe challenges facing the cross-border e-commerce industry. Affected by factors such as a deteriorating external environment and increased competition, companies are adopting strategies like business contraction and personnel optimization. Cross-border e-commerce enterprises need to employ diversified strategies, including refined operations, market diversification, and brand building, to survive and develop in the market downturn. These measures are crucial for navigating the current economic climate and ensuring long-term sustainability.

Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood, a well-known cross-border e-commerce seller in Guangzhou, is reportedly requiring employees to take early leave, with only 80% of the minimum wage paid the following month, raising concerns about the survival of cross-border e-commerce. Against the backdrop of a global economic downturn and high inflation, cross-border e-commerce companies face multiple challenges in supply chain and operations, urgently requiring transformation and upgrading. These difficulties highlight the pressures faced by businesses navigating a challenging economic climate and the need for adaptation to ensure long-term sustainability.

Aramex Acquires Myus for 265M to Boost Ecommerce Logistics

Aramex Acquires Myus for 265M to Boost Ecommerce Logistics

Aramex acquired MyUS for $265 million to strengthen its cross-border e-commerce competitiveness. MyUS will be integrated into Aramex's operations, expanding its customer base and reach. The acquisition is expected to increase Aramex's shipping volume and complement its existing Shop & Ship service. This will create a more robust cross-border e-commerce service network, addressing post-pandemic challenges and seizing opportunities in the global market.

01/05/2026 Logistics
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