Globalegrow Founder Xu Jiadong Investigated for Embezzlement

Globalegrow Founder Xu Jiadong Investigated for Embezzlement

The founder of Globalegrow, once a cross-border e-commerce giant, Xu Jiadong, has been investigated for suspected embezzlement, shocking the industry. Cross-border Tong's announcement confirmed the news and stated that it would recover the losses. Globalegrow was once an industry leader but declined due to poor management, eventually leading to bankruptcy and liquidation. This event triggers deep reflection on the development model of cross-border e-commerce companies, warning companies to pay attention to compliant operation and risk control.

01/04/2026 Logistics Industry Insights
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Chinas New Company Law Eases Capital Reduction for Firms

Chinas New Company Law Eases Capital Reduction for Firms

The new Company Law imposes stricter requirements on paid-in registered capital, making capital reduction a common strategy for businesses. This article, using Shenzhen as an example, provides a detailed interpretation of the necessity, process, required documents, and specific online announcement procedures for capital reduction. It aims to help companies mitigate risks and achieve stable development in light of the new regulations. The guide offers practical insights for companies navigating the complexities of capital reduction under the updated legal framework.

01/07/2026 Customs Knowledge
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Zilingos Liquidation Highlights Risks in Crossborder Ecommerce

Zilingos Liquidation Highlights Risks in Crossborder Ecommerce

Zilingo officially announced its liquidation, marking the fall of a once $1 billion e-commerce unicorn. This event serves as a warning to cross-border e-commerce companies that reckless expansion, financial irregularities, and chaotic internal management can lead to failure. Companies should focus on refined operations, compliance first, steady expansion, risk control, and talent development to survive and succeed in the fiercely competitive market. Ignoring these aspects can result in significant financial and operational challenges, ultimately leading to business collapse.

01/06/2026 Logistics Industry Insights
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Ecommerce Firms Expand Capacity Ahead of Holiday Rush

Ecommerce Firms Expand Capacity Ahead of Holiday Rush

Veho, Jitsu, and Gofo, three major logistics companies, are actively preparing for the holiday shopping season by expanding capacity, optimizing technology, and building nationwide networks to enhance their service capabilities. Veho focuses on key markets, Jitsu emphasizes technology empowerment, and Gofo strives to establish a nationwide network. These measures provide e-commerce sellers with more diversified logistics options, helping them succeed during the holiday season. The companies are aiming to improve delivery speed and reliability during the peak demand period.

01/08/2026 Logistics
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Logistics Firms Compete for Talent Amid Industry Labor Shortage

Logistics Firms Compete for Talent Amid Industry Labor Shortage

The logistics industry faces a severe talent shortage. Experts suggest companies shift their recruitment strategies, expand talent pools, prioritize employee training and career development, and build a positive employer brand. Only by doing so can they break through in the talent war and win the future. Addressing this shortage requires a multi-faceted approach focusing on attracting, developing, and retaining skilled personnel. Companies need to invest in their workforce and create an environment where employees feel valued and have opportunities for growth.

01/08/2026 Logistics Industry Insights
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Private Agencies Aid Factories in Shift to Amazon Ecommerce

Private Agencies Aid Factories in Shift to Amazon Ecommerce

The Amazon private managed services model is gaining popularity, offering new opportunities for traditional foreign trade factories to transition to cross-border e-commerce. Compared to traditional managed service companies, private managed services are more flexible and cost-effective, but businesses should be wary of the 'no-responsibility' trap. Companies should clearly define responsibilities, assess professional capabilities, and choose the appropriate managed services model to succeed on the Amazon platform. Careful consideration is crucial for a successful partnership and achieving desired outcomes.

12/29/2025 Logistics Industry Insights
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Chinese Ecommerce Firm Justar Plans Swiss IPO

Chinese Ecommerce Firm Justar Plans Swiss IPO

Giant Star Technology plans to issue GDRs on the SIX Swiss Exchange and has been accepted by the China Securities Regulatory Commission. More Chinese companies are choosing the Swiss Exchange for financing. Cross-border e-commerce businesses should seize the opportunities presented by overseas financing. This trend offers a viable alternative for raising capital and expanding global reach. Utilizing GDRs allows companies to tap into international investor bases and bolster their financial position, facilitating further growth and development in the competitive global market.

12/31/2025 Logistics Industry Insights
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Chinas Solar Exports Boom Amid Global Energy Shift

Chinas Solar Exports Boom Amid Global Energy Shift

China's photovoltaic (PV) exports have surged, with orders exceeding hundreds of millions, and emerging markets are presenting new opportunities. Companies are accelerating their globalization strategies, shifting from exporting products to exporting production capacity, tapping into the new blue ocean of global energy transition. Innovative applications such as PV + energy storage are constantly emerging, helping Chinese PV companies consolidate their international competitive advantages. The rapid growth signifies China's leading role in the global renewable energy landscape and its commitment to driving sustainable development worldwide.

01/15/2026 Logistics Industry Insights
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OAG Data Engine Drives Aviation Market Leadership

OAG Data Engine Drives Aviation Market Leadership

OAG, a leading global aviation data platform, provides accurate and reliable flight data, fare information, and historical data. It empowers airlines, airports, and travel technology companies to make informed decisions, optimize operations, and achieve business growth. Through OAG's Megahubs reports, customer case studies, data products, and industry insights, businesses can gain a comprehensive understanding of the global aviation market landscape and seize market opportunities. OAG helps companies stay ahead of the curve with actionable intelligence and strategic advantages in the competitive aviation industry.

01/15/2026 Logistics Industry Insights
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Experts Share Costsaving Strategies for Parcel Shipping Efficiency

Experts Share Costsaving Strategies for Parcel Shipping Efficiency

Robert Persuit, Senior Director at ShipMatrix, leverages 40 years of transportation experience, including 15 years in parcel carrier management, to help companies optimize their shipping budgets. ShipMatrix provides data analysis and expert insights to tailor optimization solutions for businesses, improving efficiency and reducing costs. By building a sustainable logistics advantage, companies can achieve cost reduction and efficiency gains. ShipMatrix's approach helps businesses navigate complex shipping challenges and achieve measurable improvements in their bottom line through optimized package strategies and effective cost management.

01/07/2026 Logistics Industry Insights
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