WCO Advances Trade Pact to Boost Global Commerce

WCO Advances Trade Pact to Boost Global Commerce

The World Customs Organization (WCO) actively promotes the implementation of the Trade Facilitation Agreement (TFA) by establishing working groups, providing technical assistance, and developing guidance tools. These efforts help members improve customs management and facilitate global trade. Secretary General Kunio Mikuriya emphasized that the WCO will continue to support the TFA implementation, jointly moving towards a more efficient and transparent trade future. The WCO's commitment aims to streamline processes and reduce trade barriers for its members.

01/07/2026 Customs Knowledge
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Wildberries Lowers Fees to Expand Social Commerce Reach

Wildberries Lowers Fees to Expand Social Commerce Reach

Russian e-commerce giant Wildberries is reducing commissions for some sellers on its Wibes platform, with a maximum decrease of 1%, to accelerate its social commerce strategy. Wibes, which supports short-video marketing and is deeply integrated with the main Wildberries site, boasts over 170,000 daily active users. This move aims to lower seller costs, encourage content creation, and boost platform engagement. By incentivizing participation and reducing financial burdens, Wildberries hopes to foster a more vibrant and interactive shopping experience on Wibes.

01/26/2026 Logistics Industry Insights
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Poshmark Expands Crossborder Fashion Sales Via Social Commerce

Poshmark Expands Crossborder Fashion Sales Via Social Commerce

Poshmark reshapes cross-border fashion consumption through a community-driven model. Its user-friendly interface and interactive bargaining features break geographical barriers, promoting secondhand fashion with significant impact. The platform fosters a vibrant marketplace where users can buy, sell, and connect, contributing to a more sustainable approach to fashion consumption. By facilitating the exchange of pre-owned items, Poshmark encourages a circular economy and reduces the environmental footprint associated with the fashion industry. Its influence extends beyond simple transactions, creating a social network centered around style and sustainability.

01/27/2026 Logistics Industry Insights
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Crossborder Payment Sales Managers Drive Global Commerce Growth

Crossborder Payment Sales Managers Drive Global Commerce Growth

A Cross-border Payment Sales Manager bridges businesses with the global market, responsible for expanding sales channels, providing tailored solutions, and maintaining client relationships. This role requires relevant expertise, skills, a high level of enthusiasm, and teamwork. Career progression includes Sales Supervisor, Sales Manager, and Sales Director, offering opportunities for professional growth and leadership within the sales organization. They play a crucial role in driving revenue and expanding the company's international presence through strategic sales initiatives and strong customer engagement.

01/27/2026 International Settlement
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Ebay Adapts Recommerce Strategy for Japans Ecommerce Market

Ebay Adapts Recommerce Strategy for Japans Ecommerce Market

eBay has achieved remarkable success in the Japanese market by focusing on localized operations and promoting the "re-commerce" model, providing valuable experience for cross-border e-commerce businesses. However, eBay still faces cultural challenges such as differences in consumer habits and market competition. In the future, eBay needs to continuously optimize localized services, promote sustainable development, and expand into emerging categories to better adapt to the Japanese market. This includes refining its approach to address unique consumer preferences and navigating the competitive landscape.

01/27/2026 Logistics Industry Insights
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Jdcoms B2B Shift Stalls After Joybuy Closure

Jdcoms B2B Shift Stalls After Joybuy Closure

JD.com's overseas expansion faces setbacks with the closure of Joybuy, highlighting difficulties in its B2B transformation. Challenges arise in strategy, localization, and supply chain management. To overcome these hurdles, JD.com needs to focus on its core strengths and deepen collaborations to find breakthroughs in the global market. The shutdown signifies a need for strategic re-evaluation and a more targeted approach to international e-commerce.

01/07/2026 Logistics Industry Insights
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SWIFT Code Guide for National Bank of Commerce Transfers

SWIFT Code Guide for National Bank of Commerce Transfers

This article introduces the SWIFT code NLCBTZTX 0T3 of the National Bank of Commerce in Tanzania, explaining the structure of SWIFT codes and their use in international remittance. It also highlights key factors to consider during transfers, such as remittance fees, exchange rate fluctuations, transfer times, and information verification, to help users ensure the secure and smooth transfer of funds.

09/04/2025 International Settlement
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