Pinduoduos Q3 Profit Jumps Sixfold Amid Temu Global Push

Pinduoduos Q3 Profit Jumps Sixfold Amid Temu Global Push

Pinduoduo's Q3 earnings report reveals a nearly 6-fold surge in net profit, primarily driven by growth in online marketing services and transaction services revenue, coupled with reduced losses in Duoduo Maicai. Pinduoduo has significantly increased its investment in marketing and R&D, particularly substantial investments in its overseas platform, Temu, demonstrating its global expansion ambitions. While Temu is not focused on profitability in the short term, its future performance will directly impact Pinduoduo's overall financial results. The report highlights Pinduoduo's strategic shift towards global markets and increased investment in technology.

01/16/2026 Logistics Industry Insights
Read More
Bao Tong Da Logistics Honored Again by China Trade Council

Bao Tong Da Logistics Honored Again by China Trade Council

Baotongda International Logistics, recognized for its professional service and industry influence, has been selected for the China Council for the Promotion of International Trade (CCPIT) Key Contact Enterprise List for Cross-border E-commerce for three consecutive years, highlighting its leading position in logistics and warehousing. The company builds a robust logistics network and warehousing system, establishing strategic partnerships with major cross-border e-commerce platforms. This enables them to provide efficient and secure logistics solutions for businesses expanding overseas, contributing to the high-quality development of China's cross-border e-commerce sector.

01/16/2026 Logistics
Read More
The New Landscape of Global E-commerce Challenges of Temu and Cross-border Logistics Chains

The New Landscape of Global E-commerce Challenges of Temu and Cross-border Logistics Chains

This article explores how Chinese cross-border e-commerce platforms are reshaping global logistics chains under the rapid rise of Temu. In response to significant market demand, various e-commerce platforms are shifting towards a semi-managed model to enhance efficiency and meet customer needs. It also discusses how logistics service providers can improve their competitiveness and address challenges in this new landscape.

07/23/2025 Logistics
Read More
Ebay Updates Return Policy for Automotive Parts to Boost Buyer Confidence

Ebay Updates Return Policy for Automotive Parts to Boost Buyer Confidence

eBay's US site will implement a new return policy for auto parts on July 15, 2025, requiring sellers to offer at least 30 days of free returns for items priced over $10. eBay will subsidize 50% of return shipping costs to enhance customer satisfaction and boost sales. Non-compliant items will be removed, urging sellers to pay attention to the new regulations.

08/04/2025 Logistics
Read More
Air Vs Sea Freight Efficiency in Crossborder Ecommerce

Air Vs Sea Freight Efficiency in Crossborder Ecommerce

This article provides an in-depth comparison of the time efficiency differences between air freight and sea freight in cross-border e-commerce. It emphasizes the rapid advantages of air transport and the time costs associated with sea transport, assisting sellers in making informed decisions that balance timeliness and cost in their logistics choices, ultimately enhancing customer satisfaction and operational efficiency.

08/04/2025 Logistics Encyclopedia
Read More
Smart Warehousing Boosts Supply Chain Efficiency for Businesses

Smart Warehousing Boosts Supply Chain Efficiency for Businesses

This article analyzes the significant transformations in warehouse automation over the past decade, including the deep integration of intelligence and automation, strategic shifts in companies, and how mergers and acquisitions are reshaping the industry landscape. In the future, an open software ecosystem will become central to corporate competition, with successful companies prioritizing the enhancement of operational quality and meeting customer demands.

08/05/2025 Warehousing
Read More
Standard Chartered Singapore SWIFT Code Explained

Standard Chartered Singapore SWIFT Code Explained

This article provides a detailed overview of the SWIFT code SCBLSG22XXX for Standard Chartered Bank (Singapore) branch and its significance in international remittances. Using the correct SWIFT code can save time, reduce the risk of errors, and ensure that funds arrive safely and promptly. A case study from a customer is included to emphasize the importance of verifying bank information.

08/13/2025 International Settlement
Read More
Delta Air Lines Boosts Competitiveness with Global Cargo Network

Delta Air Lines Boosts Competitiveness with Global Cargo Network

Delta Air Lines has become a significant player in the global freight sector through its efficient route network and exceptional service. With an annual cargo volume exceeding 1.5 million tons, the company maintains stable timeliness on core routes and offers extensive customer service. By combining flexible agency policies with a digital platform, Delta Air Lines provides robust support for cross-border logistics enterprises.

08/05/2025 Airlines
Read More
Irelands Banks Clarify SWIFTBIC Code Retrieval Process

Irelands Banks Clarify SWIFTBIC Code Retrieval Process

The article discusses the significance of SWIFT/BIC codes in international remittances, explaining how to find the SWIFT/BIC code for Irish banks. It outlines various methods, including checking the bank's official website, using online search tools, and contacting customer service. Additionally, it advises readers on important considerations during the remittance process to ensure the safety and successful transfer of funds.

09/08/2025 International Settlement
Read More
Guide to SWIFT Codes for Botswana Banks

Guide to SWIFT Codes for Botswana Banks

This article discusses how to find the SWIFT codes and details for various branches of Botswana Bank, guiding readers on the importance of ensuring the safety and prompt arrival of funds in international payments. It emphasizes the use of the bank's headquarters SWIFT code as an alternative method and suggests that readers contact customer service for the most up-to-date information.

09/09/2025 International Settlement
Read More