Globelink Founder Xu Jiadong Investigated for Embezzlement

Globelink Founder Xu Jiadong Investigated for Embezzlement

Xu Jiadong, the former chairman of Cross-Border Tong, is under investigation for suspected embezzlement. The company's performance continues to decline, and rumors suggest its brand Gearbest will be sold to Pinduoduo. This once-giant of cross-border e-commerce faces multiple challenges. Its future direction and the sustainable development of the entire industry are attracting significant attention. The investigation and potential sale highlight the difficulties faced by Cross-Border Tong and raise questions about the stability of the sector.

12/29/2025 Logistics Industry Insights
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Applovin Stock Drops Amid SEC Probe Investors Weigh Options

Applovin Stock Drops Amid SEC Probe Investors Weigh Options

AppLovin's stock price plummeted due to an SEC investigation into its data collection practices, compounded by a previous short report and high market expectations. Investors should monitor the company's response, subsequent reports, and advertiser sentiment. Short-term traders should focus on key price levels, while medium-to-long-term investors need to assess the event's impact on the company's growth and profitability. The investigation raises concerns about potential regulatory penalties and could affect AppLovin's future data usage and advertising revenue.

01/28/2026 Logistics Industry Insights
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Crossborder Ecommerce Tackles US Shipping Challenges

Crossborder Ecommerce Tackles US Shipping Challenges

This article focuses on potential delivery anomalies in air freight transportation in the United States, such as damage, missing items, and refusals. It elaborates on strategies for handling various situations, including on-site evidence documentation, claims material preparation, and allocation of responsibility and costs. The aim is to assist cross-border e-commerce sellers in effectively managing transportation risks.

08/04/2025 Logistics Encyclopedia
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UPS Streamlines Shipping Address Accuracy Policy

UPS Streamlines Shipping Address Accuracy Policy

UPS will implement a new policy starting July 9, 2025, prohibiting address changes after shipment. Ensuring accurate delivery becomes crucial. It is essential to confirm the correct address with the recipient to avoid unnecessary delays and losses.

09/16/2025 Logistics
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Shipping Advice Boosts Crossborder Logistics Efficiency

Shipping Advice Boosts Crossborder Logistics Efficiency

This article comprehensively analyzes the importance and types of Shipping Notifications (SAs) in cross-border logistics, highlighting their critical role in enhancing transaction efficiency and reducing operational risks. By optimizing the format and management processes of SAs, companies can effectively control various risks that may arise in cross-border logistics, thereby improving operational efficiency and customer satisfaction.

09/16/2025 Logistics Encyclopedia
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Wechat Simplifies Package Shipping in China

Wechat Simplifies Package Shipping in China

This article outlines the steps for efficiently sending packages using WeChat, including gathering recipient information, preparing packaging, making payments through WeChat, submitting a delivery request, and confirming receipt. The aim is to enhance the user experience for parcel delivery.

06/22/2025 Logistics Encyclopedia
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