Ozon Scraps Deposits Amid Push to Rebuild Russian Ecommerce Trust

Ozon Scraps Deposits Amid Push to Rebuild Russian Ecommerce Trust

Russian e-commerce platform Ozon has eliminated the deposit for new sellers, aiming to lower barriers to entry, attract more merchants, and rebuild trust damaged by payment issues. This provides opportunities for sellers, but also necessitates attention to platform order and product quality. Product selection is crucial for success on Ozon, and platforms like 'Overseas Exploration' can quickly identify trending and new products.

US Freight Market Stabilizes Amid Weakness Bank of America

US Freight Market Stabilizes Amid Weakness Bank of America

Bank of America's Q2 Freight Payment Index reveals a continued decline in US freight volumes and spending, but the rate of decrease is slowing, potentially signaling a market bottom. Key influencing factors include shifts in consumer spending, debt pressures, and fuel prices. Looking ahead, attention should be paid to macroeconomic conditions and capacity adjustments. Freight companies should remain flexible to navigate market changes.