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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Douyin Merchants Gain As Pinduoduo Eases Order Limits

Douyin Merchants Gain As Pinduoduo Eases Order Limits

Good news for Douyin store merchants! Pinduoduo has relaxed restrictions on order placement, allowing a single account to place multiple orders. Merchants can choose manual order placement or collaborate with suppliers for bulk order processing and shipping, improving efficiency. This article provides two practical shipping solutions to help merchants respond flexibly and achieve sales growth. It covers strategies for managing different order volumes and choosing the most suitable approach, ultimately empowering merchants to optimize their fulfillment process and boost their performance.

01/04/2026 Logistics
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Amazon Tiktok Drive Ecommerce Shifts Amid Global Economic Trends

Amazon Tiktok Drive Ecommerce Shifts Amid Global Economic Trends

This article focuses on the latest trends in cross-border e-commerce, interpreting key information such as Amazon's inventory report updates, TikTok's news dissemination power, and Alibaba.com's category adjustments. It also analyzes the impact of domestic manufacturing investment promotion policies and the European energy crisis on the industry. The aim is to provide valuable insights for cross-border e-commerce practitioners, helping them navigate the evolving landscape and make informed decisions based on current platform policies and broader industry dynamics.

01/04/2026 Logistics
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Guide to Optimizing Supply Chain Press Releases

Guide to Optimizing Supply Chain Press Releases

Supply Chain Dive offers a convenient press release management tool. Users can retrieve press release codes and edit links simply by entering their email address. It also provides FAQs and a new press release submission portal, empowering supply chain professionals to efficiently manage information dissemination. This streamlined approach helps users quickly access and update their press releases, ensuring timely and accurate communication within the supply chain industry. The platform aims to simplify the process of managing and distributing important news and updates.

01/06/2026 Logistics
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Amazon Adapts to California Appliance Rules As Alibaba Expands in Europe

Amazon Adapts to California Appliance Rules As Alibaba Expands in Europe

This article summarizes recent key information in the cross-border e-commerce sector. It covers platform updates such as Amazon's new California appliance sales regulations, Alibaba's Miravia launch in Spain, and eBay's SpeedPAK shipping fee adjustments. It also highlights domestic news like Pudong New Area's foreign trade policies and Kunshan's import and export data. Furthermore, it provides insights into the economic and e-commerce development in countries like Japan and Indonesia. This information serves as a reference for cross-border e-commerce sellers.

12/29/2025 Logistics
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Arab Youth Shift to Online Shopping and Tiktok Survey Shows

Arab Youth Shift to Online Shopping and Tiktok Survey Shows

The Arab Youth Survey reveals a near doubling in online shopping among Arab youth within five years, with TikTok becoming the fifth most popular social media app. Social media has become a significant news source, although television remains the most trusted. High internet penetration fuels Arab youth's embrace of digital life, but also brings challenges like information overload and social media dependency. E-commerce is booming, and social media platforms are increasingly influential in shaping opinions and driving consumption habits among young Arabs.

01/16/2026 Logistics Industry Insights
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Chilean Peso Weakens Against USD Amid Exchange Rate Volatility

Chilean Peso Weakens Against USD Amid Exchange Rate Volatility

This article focuses on the Chilean Peso (CLP) exchange rate, particularly against the US dollar, analyzing the factors influencing its value and highlighting the practicality of currency conversion tools. Understanding the dynamics of the Peso exchange rate can help individuals and businesses make more informed financial decisions. It explores the key drivers behind CLP fluctuations and emphasizes the importance of staying updated on currency movements for effective financial planning and international transactions.

09/01/2025 Exchange Rate Query
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Australian Dollar Trends AUDUSD Rates and Global Flows Explained

Australian Dollar Trends AUDUSD Rates and Global Flows Explained

This article provides an in-depth analysis of the AUD/USD exchange rate, offering real-time conversion tools, historical data analysis, and a practical guide to cross-border payments. It aims to help you accurately grasp market trends, simplify cross-border financial management, make informed decisions, and take control of your financial future. Learn how to navigate the complexities of the AUD/USD exchange rate and streamline your international transactions with ease.

09/01/2025 Exchange Rate Query
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Bank of Punjabs SWIFT Code Explained for Secure Transfers

Bank of Punjabs SWIFT Code Explained for Secure Transfers

This article provides a detailed explanation of the Bank of Punjab Pakistan's SWIFT code, BPUNPKKA011. It elaborates on the significance, structure, and correct usage of SWIFT codes. The aim is to assist readers in conducting cross-border remittances safely and efficiently, avoiding delays, failures, or financial losses caused by incorrect codes. Understanding the intricacies of the SWIFT code system is crucial for ensuring smooth and secure international financial transactions involving the Bank of Punjab.

09/03/2025 International Settlement
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