foreign trade development letter News

Execommerce Chair Tong Investigated for Embezzlement

The investigation of Global Top E-commerce's former chairman, Xu Jiadong, for suspected embezzlement has shocked the industry. This article reviews Global Top E-commerce's journey from glory to hardship, analyzes the drawbacks of its extensive product listing model, and explores its transformation path. It also offers insights into the future development of the cross-border e-commerce industry. The Xu Jiadong incident adds uncertainty to Global Top E-commerce's future and serves as a warning for the industry to transform and upgrade.

01/04/2026 Logistics Industry Insights

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

Chinas Top Freight Forwarders Post Record Growth

The 2021 China Top 100 Freight Forwarders list reveals industry revenue and competitive landscape. Sinotrans and COSCO Shipping lead in comprehensive and sea freight, while DHL Air Freight excels in air freight. The advantage of leading companies is obvious, and multimodal transport is becoming a trend. The list provides insights into the performance and development trends of key players in the Chinese freight forwarding market, highlighting the increasing importance of integrated logistics solutions and the dominance of established industry leaders.

01/04/2026 Logistics

Amazons Home Goods Category Key Strategies and Market Trends

This article provides an in-depth analysis of market trends and product selection strategies for the home goods category on Amazon. It covers target consumer profiles, purchase frequency, differences in demands across countries, product development strategies, recommended sub-categories, and compliance certifications. The aim is to help sellers seize market opportunities, develop high-quality products, and tap into the blue ocean market of home goods on Amazon. The analysis will provide insights to help sellers make informed decisions and optimize their product offerings.

01/04/2026 Logistics Industry Insights

Temus Rapid Growth Raises Concerns Over Pricing and Tactics

Temu's rapid rise to the top of the US App Store shopping charts is fueled by its low-price strategy and referral programs. Despite this success, Pinduoduo's stock price plummeted, reflecting concerns in the capital market about its sustainability. Temu faces both success and challenges. Future development requires attention to user stickiness, supply chain management, and compliance issues. Furthermore, new opportunities may arise from niche markets such as Latin America and Africa. The long-term viability of Temu's model remains to be seen.

01/04/2026 Logistics Industry Insights

Youtube Expands Affiliate Program for Brands and Creators

YouTube Shopping launched an affiliate marketing program, presenting new traffic growth opportunities for brand independent websites. This initiative connects brands, influencers, and consumers, optimizing the shopping experience and improving purchase conversion rates. Currently in the beta testing phase, primarily targeting the US market, its future development is promising. The program allows creators to tag products directly in their videos and Shorts, earning commission on sales. This integration streamlines the path to purchase and leverages the power of influencer marketing within the YouTube ecosystem.