Wildberries Gains As Ozon Struggles in Russias Ecommerce Shift

Wildberries Gains As Ozon Struggles in Russias Ecommerce Shift

The Russian e-commerce market is undergoing significant changes. Ozon is experiencing a decline, while Wildberries is seeing a surge in growth. Yandex is also entering the market. The industry faces challenges related to sustainable development. The Chinese market is becoming increasingly important for Russian e-commerce players, offering potential opportunities for growth and expansion. The shift in market share and the emergence of new players highlight the dynamic nature of the Russian e-commerce landscape and the need for businesses to adapt to changing consumer preferences and market conditions.

Asiapacific Adopts WCO Framework for Ecommerce Customs

Asiapacific Adopts WCO Framework for Ecommerce Customs

The WCO Asia-Pacific Regional Workshop focused on the implementation of the cross-border e-commerce standards framework. Discussions covered data, taxation, Authorized Economic Operator (AEO), and technology applications. The workshop aimed to enhance customs cooperation in addressing the challenges posed by e-commerce. Key topics included streamlining processes, improving data security, and fostering regional collaboration to facilitate legitimate trade while combating illicit activities within the rapidly growing e-commerce sector. The event emphasized the importance of harmonized standards and best practices for efficient and secure cross-border transactions.

Bosnia Adopts WCO Framework to Boost Customs Efficiency

Bosnia Adopts WCO Framework to Boost Customs Efficiency

With the support of the Korea Customs Cooperation Fund, the World Customs Organization (WCO) conducted a training program for the Bosnia and Herzegovina Customs Administration on optimizing cross-border e-commerce compliance procedures. The aim was to improve clearance efficiency, ensure trade security, promote compliant trade, and align with international standards. The training focused on the WCO Cross-Border E-Commerce Framework of Standards, covering areas such as risk management, data exchange, and intellectual property rights protection. This initiative assists Bosnia and Herzegovina Customs in achieving cross-border e-commerce compliance.

Ozon Drivers Strike Over Pay and Overwork in Russian Logistics

Ozon Drivers Strike Over Pay and Overwork in Russian Logistics

A delivery strike occurred at Russian e-commerce company Ozon in Yekaterinburg. The strike was triggered by drivers' long hours, unreasonable wages, and poor communication with management. Ozon has pledged to increase staffing, pay overtime, and resolve the issues promptly. This incident highlights the insufficient protection of frontline employee rights by e-commerce platforms during rapid expansion. The strike underscores the need for better labor practices within the company and serves as a reminder of the importance of fair treatment for workers in the fast-growing e-commerce sector.

02/12/2026 Logistics
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Xiamen Ecommerce Expo Aims to Boost Global Trade in 2026

Xiamen Ecommerce Expo Aims to Boost Global Trade in 2026

The 6th Xiamen International Cross-border E-commerce Exhibition will be held in Xiamen in June 2026, hosted by the China Chamber of International Commerce and the Xiamen Chamber of International Commerce. The exhibition, themed "Cross-border Interconnection, Global Trade", brings together global cross-border e-commerce enterprises, covering cross-border product selection, platform services, imported goods, and more. It aims to promote the dual circulation of domestic and international trade and boost global economic development. Exhibition consultation is currently underway.

Chinas Suzhou Institute Partners with Ocean Star to Boost Ecommerce Talent

Chinas Suzhou Institute Partners with Ocean Star to Boost Ecommerce Talent

Suzhou Institute of Trade & Commerce and Ocean Star Orange have partnered to build a new ecosystem for cross-border e-commerce talent development. The collaboration will cultivate highly skilled and practical talents through industry-education integration and curriculum co-construction, promoting the growth of the cross-border e-commerce industry. This partnership deepens the collaborative innovation mechanism between universities and enterprises, injecting new impetus into industry talent supply and industrial upgrading.

CMA CGM Acquires Ingram Micro CLS for 3B to Boost Ecommerce Logistics

CMA CGM Acquires Ingram Micro CLS for 3B to Boost Ecommerce Logistics

CMA CGM invests $3 billion to acquire a significant portion of Ingram Micro's Commerce & Lifecycle Services (CLS) business, aiming to strengthen its global shipping and logistics leadership. This acquisition will significantly enhance CMA CGM's capabilities in e-commerce contract logistics and omnichannel fulfillment, positioning it as the world's fourth-largest contract logistics provider. The move is expected to provide more efficient and intelligent logistics solutions for e-commerce businesses.

02/11/2026 Logistics
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CMA CGM Acquires Ingram Micro CLS for 3B Transforming Ecommerce Logistics

CMA CGM Acquires Ingram Micro CLS for 3B Transforming Ecommerce Logistics

CMA CGM acquired Ingram Micro's Commerce & Lifecycle Services (CLS) business for $3 billion, aiming to enhance its e-commerce contract logistics capabilities and solidify its global logistics position. This reflects the trend of technology-driven and service-upgraded in the e-commerce logistics industry, foreshadowing an accelerated evolution of the competitive landscape. Following the acquisition, CMA CGM's logistics business will become the fourth largest globally, facing challenges in integration and innovation.

02/11/2026 Logistics
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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.