Ant Group Acquires Multisafepay for 200M to Boost Global Expansion

Ant Group Acquires Multisafepay for 200M to Boost Global Expansion

Ant Group plans to acquire Dutch payment company MultiSafepay for $200 million, expanding its global payment footprint. Alipay is focusing on its international version to enhance the cross-border payment experience. This acquisition and the development of Alipay's international platform signify Ant Group's continued efforts to strengthen its position in the global payment market and provide more convenient and efficient cross-border payment solutions for users worldwide. The move aims to capture a larger share of the growing international payment market.

02/12/2026 International Settlement
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Australian Ecommerce Firm Catch Group Shuts Down Amid Sector Struggles

Australian Ecommerce Firm Catch Group Shuts Down Amid Sector Struggles

Australian e-commerce platform Catch will close in 2025 after accumulating losses exceeding AUD 350 million. Its decline is attributed to high operating costs, ineffective marketing, and intensified market competition. Catch's closure sparks reflection on the importance of differentiated competition, refined operations, and adapting to market changes in the e-commerce industry. It also highlights the challenges faced by local e-commerce platforms when competing against international giants.

02/12/2026 Logistics Industry Insights
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Zongteng Group Named Among Chinas Top 500 Service Firms Again

Zongteng Group Named Among Chinas Top 500 Service Firms Again

Zongteng Group has been recognized as one of China's Top 500 Service Enterprises for four consecutive years, with its ranking steadily improving, demonstrating its outstanding strength and stable development in the cross-border logistics sector. As a "Global Cross-border E-commerce Infrastructure Service Provider," Zongteng Group is committed to providing professional logistics service guarantees for Chinese enterprises, helping Chinese brands go global.

02/11/2026 Logistics
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Sikol Tech Joins Shenzhen Group to Advance Global Vaping Tech

Sikol Tech Joins Shenzhen Group to Advance Global Vaping Tech

SKELL Technology has joined the Shenzhen Smart Life Industry Association. Both parties will cooperate deeply in the field of atomization technology to promote industrial upgrading and help SKELL's brand achieve international development. The collaboration aims to leverage the association's resources and expertise to enhance SKELL's technological capabilities and expand its global market presence, ultimately contributing to the advancement of the smart living industry.

02/12/2026 Logistics Industry Insights
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Singapore Eases Audit Rules for Small Firms Sets Group Limits

Singapore Eases Audit Rules for Small Firms Sets Group Limits

Singapore company audits consider both individual and group size. Even a small individual company within a large group may require an audit. This article details Singapore's audit exemption regulations, including the criteria for 'small companies,' 'small groups,' and 'dormant companies.' It outlines the steps to determine audit obligations, helping businesses accurately assess their compliance requirements before the annual audit and avoid potential risks. It clarifies that exceeding group size thresholds can negate individual audit exemptions, highlighting the importance of understanding group-level compliance.

02/12/2026 Customs Knowledge
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Trucking Group Pushes Congress for Road Upgrades in Infrastructure Bill

Trucking Group Pushes Congress for Road Upgrades in Infrastructure Bill

The ATA urges Congress to oversee IIJA funding, prioritizing new construction and road upgrades over mere maintenance to alleviate congestion and enhance competitiveness. They believe that focusing on new projects will provide long-term benefits for the trucking industry and the economy as a whole. The ATA emphasizes the importance of strategic infrastructure investments to meet growing transportation demands and achieve emissions targets by improving efficiency and reducing idling time for trucks.

02/04/2026 Logistics Industry Insights
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Hub Group EASO Boost North American Supply Chains Via Mexico

Hub Group EASO Boost North American Supply Chains Via Mexico

Hub Group has formed a joint venture with EASO to capitalize on nearshoring trends and expand its cross-border intermodal operations in Mexico. This collaboration will leverage EASO's strengths in the Mexican market and Hub Group's logistics technology to enhance cross-border service capabilities, optimize North American supply chains, and create synergies and growth opportunities for both companies. The partnership aims to provide improved and more efficient transportation solutions between the US and Mexico, addressing the increasing demand for nearshoring alternatives.

01/27/2026 Logistics
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Sanming Businesses Turn to Douyin Group Buying to Cut Fees

Sanming Businesses Turn to Douyin Group Buying to Cut Fees

Facing high commission fees on traditional food delivery platforms, Sanming merchants can leverage Douyin's 'Flexible Group Buying' ('Sui Xin Tuan'). This solution offers lower commission rates, flexible delivery options, and precise recommendations, supporting dine-in, self-pickup, and delivery services. It empowers merchants to expand their online channels and improve profit margins. Currently, Douyin group buying and food delivery services are free to activate, presenting a valuable opportunity for merchants to capitalize on the short-video trend.

01/30/2026 Logistics Industry Insights
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Guide to Costeffective Crossborder Ecommerce Shipping

Guide to Costeffective Crossborder Ecommerce Shipping

Cross-border sea freight is crucial for minimizing logistics costs in e-commerce. This article analyzes suitable cargo types for sea freight (large volume, low value, etc.), provides a detailed overview of the transit times and prices of major shipping routes, and examines factors affecting sea freight efficiency. By understanding these insights, you can optimize your shipping strategies and leverage sea freight to maximize profits in cross-border e-commerce.

01/26/2026 Logistics
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Beijing Hosts Global Supply Chain Expo to Enhance Trade Links

Beijing Hosts Global Supply Chain Expo to Enhance Trade Links

The 7th International Supply Chain and Logistics Exhibition will grandly open in Beijing, focusing on new opportunities for supply chain and logistics industry development under the "Belt and Road" Initiative. Hosted by authoritative organizations such as China National Convention Center Group, the exhibition aims to create a world-class logistics exhibition platform, promote regional collaboration and international trade facilitation. It gathers top domestic and foreign government and enterprises, covering sea, land, air and rail multimodal transport. A special Central and Eastern European exhibition area will be set up to help companies "go global" and "bring in", jointly building a new pattern of interconnectedness.

01/30/2026 Logistics
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