Jdcoms Joybuy Suspends Crossborder Ecommerce Operations Again

Jdcoms Joybuy Suspends Crossborder Ecommerce Operations Again

The second shutdown of JD.com's Joybuy has sparked industry concerns, highlighting the challenges faced by cross-border e-commerce. Traffic bottlenecks, personnel changes, and profitability difficulties contributed to Joybuy's closure. Shopify's closure of Exchange Marketplace also reflects a trend of industry-wide cost reduction. Cross-border e-commerce presents both opportunities and challenges, requiring businesses to plan carefully and diversify risks. Companies need to adapt to the changing landscape and explore new strategies for sustainable growth in the competitive global market.

01/06/2026 Logistics Industry Insights
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Uzbekistan Boosts Customs Audits with Maldives Expertise

Uzbekistan Boosts Customs Audits with Maldives Expertise

Supported by the SECO-WCO Global Trade Facilitation Programme, a delegation from Uzbekistan Customs visited the Maldives to study post-clearance audit. Through experience exchange and practical exercises, Uzbekistan learned about the Maldives' best practices in risk management and trader compliance. Adapting these practices to their own context, Uzbekistan developed reform plans to improve its national post-clearance audit system and promote trade facilitation. The visit focused on building capacity and understanding practical implementation of modern audit techniques for enhanced efficiency.

01/05/2026 Customs Knowledge
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Global Airlines Adopt Iatas Streamlined Baggage Strategy

Global Airlines Adopt Iatas Streamlined Baggage Strategy

The IATA Baggage Strategy aims to revolutionize global baggage operations and enhance the passenger experience through standardization, automation, and data-driven approaches. This strategy revolves around three pillars: information exchange, tracking automation, and claim prevention. Through IATA Resolution 753, the Baggage XML project, and consulting services, it helps businesses optimize baggage operations. It also provides related resources and training courses to collectively create a seamless passenger experience. The goal is to minimize baggage mishandling and improve overall efficiency in the baggage handling process.

01/08/2026 Logistics
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Advisory Council Guides Future of Aviation Industry

Advisory Council Guides Future of Aviation Industry

This article provides an in-depth analysis of the composition, core responsibilities, and impact of the industry affairs advisory board on the aviation industry. Composed of representatives from major global airlines, the board plays a crucial role in shaping the future of aviation through information exchange, problem coordination, and policy recommendations. It drives industry standardization, promotes technological innovation, and addresses environmental challenges. The advisory board acts as a vital platform for collaboration and strategic guidance within the dynamic aviation landscape.

01/08/2026 Airlines
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Crossborder Tong Executives Fined for 150M Accounting Fraud

Crossborder Tong Executives Fined for 150M Accounting Fraud

The Shenzhen Stock Exchange publicly condemned Global Top E-Commerce (Cross-border Tong) for financial fraud. Its subsidiary, Globalegrow, overstated profits by 1.5 billion RMB, resulting in penalties for multiple executives. The company's performance has declined, highlighting compliance management as a lifeline for the industry. This incident underscores the accelerating shake-up in the cross-border e-commerce sector, where those who adhere to regulations will ultimately prevail. Compliance is now paramount for survival and success in this evolving market.

12/30/2025 Logistics Industry Insights
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USDCAD Stalls Amid Bullbear Battle As Traders Await Breakout

USDCAD Stalls Amid Bullbear Battle As Traders Await Breakout

The USD/CAD exchange rate is undergoing a technical play, with bulls and bears battling around key moving averages. This analysis delves into the macroeconomic factors influencing the rate, technical indicators, and the strategies and objectives of both sides. It provides a forecast and outlook for future movements, offering valuable insights for traders. The article examines the current struggle and potential outcomes based on technical levels and market sentiment, aiming to equip readers with a better understanding of the USD/CAD pair's dynamics.

01/15/2026 Exchange Rate Query
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Chinese Ecommerce Giant Expands to Switzerland Via GDR Listing

Chinese Ecommerce Giant Expands to Switzerland Via GDR Listing

Globally successful hand tool seller, GreatStar, had its application for GDR issuance accepted, signifying a further expansion of overseas financing channels for Chinese companies. The article analyzes the advantages of GDRs, the attractiveness of the Swiss Stock Exchange, and listing requirements. It suggests a potential IPO wave for cross-border e-commerce companies preparing for overseas financing. The piece encourages cross-border e-commerce sellers to seize the opportunity and embrace a new era of cross-border e-commerce financing.

01/16/2026 Logistics Industry Insights
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Freight Forwarding Best Practices and Risk Mitigation Guide

Freight Forwarding Best Practices and Risk Mitigation Guide

Freight Forwarding Encyclopedia is a Q&A and experience exchange platform for freight forwarders. This article focuses on its practical value in risk warning, operational skills, and industry hotspots. Through case studies, experience sharing, and tool introductions, it helps you avoid freight forwarding pitfalls, improve operational efficiency, and stay informed about industry trends. Learn how to identify potential risks, optimize your processes, and gain a competitive edge in the dynamic freight forwarding landscape. This resource empowers freight forwarders with the knowledge and tools needed to succeed.

08/21/2025 Logistics Encyclopedia
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Kapital Bank Azerbaijan Simplifies SWIFT Transfers for Global Payments

Kapital Bank Azerbaijan Simplifies SWIFT Transfers for Global Payments

This article provides a detailed analysis of the application scenarios of Kapital Bank Azerbaijan's SWIFT code, AIIBAZ2XXXX. It offers optimization strategies for cross-border money transfers, including choosing the appropriate transfer method, understanding transfer fees, and paying attention to exchange rate fluctuations. The aim is to help users complete international remittances more securely and efficiently. It covers key aspects of using the SWIFT code for international transactions involving Kapital Bank and provides practical advice for minimizing costs and maximizing security during the transfer process.

09/03/2025 International Settlement
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