Pinduoduos Profit Growth Raises Questions About Temus Global Expansion

Pinduoduos Profit Growth Raises Questions About Temus Global Expansion

Pinduoduo's Q3 financial report is impressive, with net profit soaring nearly 6 times, significantly outperforming its peers in revenue and profit growth. The growth is mainly attributed to increased advertising and commission revenue, as well as reduced losses in Duoduo Maicai. Increased marketing expenses were primarily used to promote its overseas platform, Temu. Pinduoduo's scale has surpassed eBay, leading the industry in growth rate. The success or failure of Temu will be a crucial variable for future performance.

01/06/2026 Logistics Industry Insights
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WCO Program Boosts Botswana Tax Authoritys Modernization Efforts

WCO Program Boosts Botswana Tax Authoritys Modernization Efforts

The WCO conducted a leadership workshop in Botswana to enhance the management capabilities of the Botswana Unified Revenue Service (BURS), promote tax modernization, and contribute to economic development. The workshop focused on strengthening leadership skills within the BURS to effectively implement modern tax administration practices. This initiative aims to improve revenue collection and ultimately support Botswana's economic growth. Funding for the workshop was provided by Finland, highlighting international cooperation in supporting tax reform and capacity building in developing countries.

01/07/2026 Customs Knowledge
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Bahrain Boosts Customs Audits with WCO Backing

Bahrain Boosts Customs Audits with WCO Backing

The World Customs Organization (WCO) held a Post Clearance Audit workshop in Bahrain to enhance Bahrain Customs' revenue collection capabilities. The workshop focused on international standards, risk management, and audit preparation, emphasizing the importance of risk assessment and data analysis in auditing. Through case studies and practical exercises, it helped Bahrain Customs officials master audit techniques, laying the foundation for building an efficient tax system. The training aimed to improve compliance and reduce revenue leakage through effective post-clearance control mechanisms.

01/05/2026 Customs Knowledge
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Guide to Optimizing App Store Payouts for Apple Developers

Guide to Optimizing App Store Payouts for Apple Developers

This article provides an in-depth analysis of how Apple developers can safely and efficiently withdraw App Store Connect earnings back to their home country. It contrasts the limitations of traditional bank transfers with the advantages of third-party payment platforms like GeeWallet. The benefits highlighted include easy account opening, reduced exchange rate losses, multi-currency conversion, and dedicated customer service. This helps developers maximize their revenue by providing a more convenient and cost-effective solution for cross-border payments and revenue withdrawal.

01/06/2026 International Settlement
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Sri Lanka Customs Enhances Efficiency with WCO Audit Program

Sri Lanka Customs Enhances Efficiency with WCO Audit Program

The World Customs Organization (WCO) held a Post Clearance Audit (PCA) workshop in Sri Lanka to enhance the Sri Lankan Customs' PCA capabilities, optimize the trade environment, and increase revenue collection. Through expert guidance and practical exercises, the workshop aimed to help Sri Lankan Customs develop more efficient PCA processes, improve clearance efficiency, enhance corporate compliance awareness, and promote trade development. It focused on building a robust and effective PCA system to ensure accurate revenue collection and streamlined trade procedures.

01/05/2026 Customs Knowledge
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Youtube Shorts Expands into Ecommerce Rivals Tiktok Shopping

Youtube Shorts Expands into Ecommerce Rivals Tiktok Shopping

YouTube Shorts has officially launched shopping features, entering the short video e-commerce arena. Creators can now directly sell products and earn ad revenue through short videos. This move aims to expand YouTube's revenue streams and compete with platforms like TikTok and Meta. For cross-border e-commerce sellers, this presents a new opportunity to effectively drive traffic and boost sales by creating high-quality short video content. This integration allows for seamless purchasing within the YouTube ecosystem, potentially revolutionizing online shopping habits.

12/31/2025 Logistics Industry Insights
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USPS Tenyear Plan Aims to Revive Struggling Service

USPS Tenyear Plan Aims to Revive Struggling Service

The United States Postal Service (USPS) faces significant financial challenges, with widening losses in the third quarter. Despite overall operating revenue growth, the net loss reached $3.0 billion. Marketing mail rebounded, but shipping and package revenue declined. USPS is actively pursuing a ten-year reform plan aimed at achieving financial sustainability and improving service quality. However, it still faces challenges such as market competition and labor costs. The successful implementation of the reform plan will determine the future of the USPS.

01/15/2026 Logistics
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