Alibaba Veteran Secures 4M Amid Southeast Asia Ecommerce Boom

Alibaba Veteran Secures 4M Amid Southeast Asia Ecommerce Boom

HomingDay, a standalone website founded by a former Alibaba executive, secured $4 million in funding, targeting the mid-to-high-end market in Southeast Asia. Giants like ByteDance and Alibaba are also increasing their investment in Southeast Asian e-commerce. However, the market's small size and low profits remain challenges. Despite these difficulties, these companies are optimistic about Southeast Asia's growth potential and are actively vying for market share. The region's burgeoning digital economy and increasing internet penetration make it an attractive target for expansion.

01/04/2026 Logistics Industry Insights
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Ecommerce Logistics Hit Record Ontime Delivery Before Holidays

Ecommerce Logistics Hit Record Ontime Delivery Before Holidays

A ShipMatrix report indicates strong performance from the top three US logistics companies during 'Cyber Week,' achieving recent highs in on-time delivery rates. Ample capacity, Amazon's strategic adjustments, and relaxed delivery timeframes contributed to smooth logistics during the year-end peak season. While shifting consumer habits affected parcel volume, the overall logistics environment remains favorable for e-commerce sellers. The increased on-time rate suggests improved efficiency and reliability within the delivery network during a crucial period for online retail.

01/20/2026 Logistics
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Key Differences Between Air Waybills and Bills of Lading for Shipping

Key Differences Between Air Waybills and Bills of Lading for Shipping

This article deeply analyzes the differences and characteristics between international air waybills and sea bills of lading. It covers aspects such as nature, transferability, speed of transport, format, and risk assumption. The aim is to assist decision-makers in foreign trade logistics in choosing the appropriate transportation method, thereby improving logistics efficiency and cargo security.

08/04/2025 Logistics Encyclopedia
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Thai Baht Strengthens to 25 Against US Dollar

Thai Baht Strengthens to 25 Against US Dollar

Recent data shows that 25 Thai Baht can be exchanged for approximately 0.77 US Dollars, with the current exchange rate at 1 Thai Baht to 0.0309 US Dollars. Analyzing exchange rate fluctuations and their economic impact, individuals and businesses should pay attention to exchange rate differences and market information during transactions.

08/26/2025 Exchange Rate Query
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