Asia-North America transit times record high

The latest data shows that last week, the average time it took for Asian goods to be shipped from factories to North American ports just hit a record high of 113 days, an increase of 41 days (or 57%) from the same period last year, and compared to the same period in 2020 before the epidemic. An increase of 62 days (or 121%) Airwallex launches global payment service in Singapore On January 13, Airwallex, a global financial technology company, announced the official launch of a global payment service in Singapore. According to reports, Airwallex has obtained a large-scale payment institution license granted by the Monetary Authority of Singapore in November last year, and has conducted trial operations. At the same time, Airwallex’s global customers can receive payments in Singapore dollars, which is more convenient for enterprises to expand their business to the Singapore market. Weimob ShopExpress officially reached a cooperation with UseePay and Store Secretary On January 13th, Weimob ShopExpress announced that it has recently officially reached cooperation with UseePay and Store Secret to further meet the needs of cross-border merchants for sub-scenarios in cross-border payment and store management, and to ecologically link cross-border merchants and stores. Service provider, creating a new paradigm of cross-border e-commerce product service ecology. In addition, Weimob ShopExpress and Dianxiaomi will work together to provide a one-stop shop operation management solution for cross-border merchants, further opening up the cross-border independent station operation data link. Ministry of Commerce: Cross-border e-commerce grows nearly 10 times in 5 years, and maintains double-digit growth in 2021 On January 13, Ministry of Commerce spokesperson Shu Jueting said at a press conference today that in recent years, my country’s new foreign trade formats have flourished and continued to innovate. It is reported that in the next step, the Ministry of Commerce will solidly promote the construction of cross-border e-commerce comprehensive pilot zones, and work with relevant departments to do a good job in expanding a new batch of comprehensive pilot zones; cultivate a group of outstanding overseas warehouse enterprises, and improve overseas services that facilitate and serve various trade markets. warehouse network. GlobalData: Singapore’s e-commerce scale is expected to reach US$10.7 billion in 2025 The growth of online shopping has also contributed to the growth of electronic payments in Singapore. Online payments account for 43% of all e-commerce sales in Singapore, according to GlobalData. According to reports, the Singapore government is taking various measures to promote the development of e-commerce by providing subsidies and other forms. For example, in the “E-commerce Promotion Program”, the Singapore government provides subsidies for retailers, and eligible companies that sell products through e-commerce platforms such as Lazada, Shopee, and Zalora can receive subsidies of up to S$8,000. Argentina’s e-commerce sales in 2021 to increase by 108.93% year-on-year On January 13, according to data from Contabilium, Argentina’s e-commerce sales reached 58.961 billion pesos in 2021, an increase of 108.93% from 28.22 billion pesos in 2020. The order volume of e-commerce platforms increased by 49.32% year-on-year in 2020, from 7,381,772 orders to 11,022,810 orders. Argentines will spend an average of US$5,349 on online shopping in 2021, an increase of 39.92% compared to 2020. The data also shows that in 2021, Argentina’s omni-channel sales will increase by 126% year-on-year, the order volume will increase by 71.08% year-on-year, and the average omni-channel spending will increase by 32.15% year-on-year. Among the most in-demand categories, technology products stood out, followed closely by homewares, clothing and footwear. Latin American pet e-commerce company Laika completes SoftBank-led $48 million Series B financing With this funding round, Laika plans to launch a new product in the first quarter of 2022: cat and dog insurance, priced at $10 per month. It is understood that the Laika e-commerce platform, launched in 2018, is committed to providing fast delivery within two hours for its more than 300,000 buyers who order pet supplies online. The company currently operates in Mexico, Colombia and Chile. Laika has raised a total of $65 million in funding to date. South Xinjiang’s first cross-border e-commerce overseas warehouse export goods clearance News on January 13, according to Kashgar Radio and Television, recently, Kashgar Southern Xinjiang Express Digital Trade Co., Ltd. has declared the export of 46,000 overseas warehouse export commodities through the “Kashgar Economic Development Zone Cross-border E-commerce Comprehensive Operation Platform”, with a total value of 46,000. 1,000,500 yuan. According to Li Yang, chief of the first supervision section of the Kashgar Customs Logistics Monitoring Office, this batch of goods is the first cross-border e-commerce goods declared for export in southern Xinjiang in the mode of “cross-border e-commerce export to overseas warehouses”. At present, four models of cross-border e-commerce retail export, cross-border e-commerce bonded export, cross-border e-commerce enterprise-to-enterprise export and cross-border e-commerce export overseas warehouse have been implemented in southern Xinjiang. Cross-border logistics comprehensive service provider “Yunwujie” completes tens of millions of strategic financing On January 13th, according to 36Kr report, “Yun Wujie”, which provides one-stop cross-border logistics comprehensive services for Chinese brands to go overseas, officially announced the completion of a round of strategic financing of tens of millions. This round of financing was funded by Hejun Capital and Baobao. Hengfeng Investment Co., Ltd. The shareholders of Baohengfeng Investment are composed of several senior cross-border e-commerce sellers. This round of financing is mainly used for the company’s product research and development, channel construction and operating funds. It is understood that Yun Wujie was established in October 2019, headquartered in Shenzhen, focusing on the cross-border e-commerce logistics industry, providing trading platform + SaaS management.

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