Worldfirst Imposes New Currency Limits for Crossborder Ecommerce

Worldfirst Imposes New Currency Limits for Crossborder Ecommerce

This article provides a detailed interpretation of WorldFirst's currency conversion quota mechanism, clarifying its difference from individual foreign exchange quotas. It outlines two methods for obtaining a conversion quota: store authorization and uploading transaction records. Through case studies, it demonstrates how to leverage WorldFirst to overcome foreign exchange controls, enabling the free flow of cross-border e-commerce funds back home, and supporting business growth. It offers practical guidance on maximizing WorldFirst's features for efficient and compliant international money transfer.

12/29/2025 International Settlement
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Chinese Ecommerce Firm Justar Plans Swiss IPO

Chinese Ecommerce Firm Justar Plans Swiss IPO

Giant Star Technology plans to issue GDRs on the SIX Swiss Exchange and has been accepted by the China Securities Regulatory Commission. More Chinese companies are choosing the Swiss Exchange for financing. Cross-border e-commerce businesses should seize the opportunities presented by overseas financing. This trend offers a viable alternative for raising capital and expanding global reach. Utilizing GDRs allows companies to tap into international investor bases and bolster their financial position, facilitating further growth and development in the competitive global market.

12/31/2025 Logistics Industry Insights
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Cambodia Faces Currency Challenges As Cashew Exports Grow

Cambodia Faces Currency Challenges As Cashew Exports Grow

Cambodia's foreign trade is diversifying by the end of 2025, with cashew exports expanding to the Middle East and growth in wire and cable exports. E-commerce taxation is becoming stricter, driving market expansion. However, the country faces challenges such as exchange rate fluctuations. The diversification efforts aim to reduce reliance on traditional markets and products, while the e-commerce tax aims to increase government revenue. Navigating the volatile exchange rates will be crucial for maintaining competitiveness and stability in the Cambodian economy.

12/31/2025 Exchange Rate Query
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Global Airline Group IATA Enhances Ground Ops Efficiency

Global Airline Group IATA Enhances Ground Ops Efficiency

The IATA OPS Portal is an online platform designed to provide airlines and ground handling service providers with operational standards, facilitate information exchange, and achieve standardization, transparency, and efficiency in ground operations. Through self-assessments, compliance declarations, information exchange, and deviation publications, the OPS Portal helps companies improve operational levels, reduce risks, and provide safer and more reliable services for passengers. It streamlines processes and promotes best practices across the industry, ultimately contributing to a more consistent and higher quality travel experience.

01/20/2026 Logistics Encyclopedia
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Zambia Botswana Enhance Trade Via Customs Data Link

Zambia Botswana Enhance Trade Via Customs Data Link

Zambia and Botswana, with support from the Sida-WCO TFCM project, have made significant progress in customs system interconnectivity and data exchange through a joint workshop. Both countries reached consensus on data standardization, technical testing, and a cooperative framework, laying the groundwork for initiating bilateral customs data exchange. This initiative aims to enhance customs clearance efficiency, strengthen border security, and promote regional trade integration. The collaboration represents a crucial step towards streamlined processes and improved trade relations between the two nations.

01/22/2026 Customs Knowledge
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Europe Launches Journal for Global Trade Compliance Research

Europe Launches Journal for Global Trade Compliance Research

The *Customs Scientific Journal*, initiated by the European Regional Training Centre, aims to gather research findings in the European customs field, promote academic exchange, and drive innovation and development in customs practices. The journal focuses on four core themes: customs-business partnerships, professional education, WCO standards application, and best practices. It injects new vitality into academic exchange and practical innovation in the global customs field, providing a platform for sharing knowledge and fostering collaboration among customs professionals and researchers worldwide.

01/22/2026 Customs Knowledge
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Chinese Goods Drive Growth in South Koreas Ecommerce Market

Chinese Goods Drive Growth in South Koreas Ecommerce Market

The South Korean e-commerce market is booming with strong demand for Chinese goods, exceeding 2.1 billion RMB in quarterly purchases. Coupang, a leading Korean e-commerce giant, has achieved profitability through its self-built logistics system, offering valuable insights for cross-border sellers. Chinese sellers should seize this opportunity by selecting suitable products, optimizing logistics, and emphasizing localized operations to tap into the lucrative Korean market. Focusing on efficient delivery and understanding local consumer preferences are key to success in this rapidly growing market.

01/04/2026 Logistics Industry Insights
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Globalsources Hits 36B Revenue in Q1 Amid China Ecommerce Boom

Globalsources Hits 36B Revenue in Q1 Amid China Ecommerce Boom

This article analyzes the success secrets of GreatStar, a leading cross-border e-commerce seller, achieving 3.6 billion RMB in quarterly revenue. It reveals the company's strategy of building competitive advantages through focusing on R&D innovation, establishing a solid supply chain, and cultivating its brand. The analysis also touches upon Loctek's significant investment in overseas warehouses, highlighting the importance of brand building and supply chain fortification in the latter stage of cross-border e-commerce. This provides development insights for small and medium-sized sellers.

01/06/2026 Logistics Industry Insights
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Feishu Invests 21M in Crossborder Ecommerce Firm Youkeshu

Feishu Invests 21M in Crossborder Ecommerce Firm Youkeshu

The cross-border e-commerce landscape is rapidly changing, posing challenges to established sellers. Feishu Shennuo's significant investment of 21 million RMB in YKS (Youkeshu) has drawn industry attention, potentially breaking down barriers between sellers and service providers and exploring new collaborative models. Meanwhile, Starry Light faces lawsuits and declining performance. Cross-border e-commerce companies must innovate and embrace change to thrive in this highly competitive environment. The investment could signal a shift in industry dynamics, encouraging closer partnerships and new strategies for success.

01/05/2026 Logistics Industry Insights
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Zhejiang Zhengte Expands Outdoor Furniture Sales on Amazon

Zhejiang Zhengte Expands Outdoor Furniture Sales on Amazon

Zhejiang Zhengte Group achieved significant success on Amazon with its outdoor furniture, exceeding 1 billion RMB in revenue in the first three quarters. The company's transformation from ODM to branded e-commerce, focusing on product development and channel expansion, is its core competitiveness. This case provides valuable experience for cross-border e-commerce sellers, including choosing a niche market, emphasizing product quality, expanding sales channels, and maintaining market sensitivity. Their success highlights the importance of strategic adaptation and a customer-centric approach in the competitive online marketplace.

01/05/2026 Logistics Industry Insights
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