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Chinese sellers account for a whopping 97.5% of Amazon's low-price channel, Amazon Haul. The platform has achieved an annual GMV of $2 billion, aiming to directly compete with platforms like Temu through a low-cost small goods supply strategy.
Data shows the number of active sellers on Amazon globally decreased by approximately 750,000 over four years, a drop of over 30%. Despite the decrease in seller numbers, the platform's third-party sales continue to grow, indicating a concentration among high-quality sellers.
Walmart US announces a leadership change, appointing Kyle Kinnard, former COO of Walmart International, as the new Executive Vice President and Chief Operating Officer for the US, effective immediately. The former COO, Kieran Shanahan, will serve as an advisor until the end of the fiscal year.
TikTok Shop shows strong performance in the UK market. The beauty brand Glow For It achieved over £100,000 in sales through a 12-hour live broadcast. Data indicates that live shopping has become a key growth engine for the brand, with TikTok Shop contributing over 40% of its total sales.
Georgia and Azerbaijan have officially launched a bilateral e-permit system for international road freight, aiming to streamline logistics clearance processes and enhance cross-border transport efficiency through digital means.
Fintech company MatchMove has been awarded the 2026 Asia-Pacific Cross-Border Payment and Remittance Solutions Technology Innovation Leadership Award by Frost & Sullivan for its innovations in embedded finance and cross-border payments.
GameStop reveals it has accumulated about 9.8% of eBay's shares, leading to market speculation that this move is aimed at pushing for an acquisition or strategic cooperation. Despite eBay previously rejecting related proposals, this increase in stake has reignited interest in eBay's future strategic direction.
Newegg announces the exclusive North American launch of the AMD Ryzen 7 7700X3D processor, further solidifying its market position in PC hardware and gaming electronics.
In mid-July, the e-commerce industry launched several new tools focusing on AI video editing, cross-border payments, and financing for second-hand fashion, aimed at helping sellers lower content production costs and improve global operational efficiency.
Meta has officially opened its commercial AI agent platform to partners, allowing businesses to deploy AI agents on WhatsApp, Messenger, and Instagram to automatically respond to product inquiries, recommend items, and complete sales transactions.
DHL's latest port dynamics report shows significant global shipping logistics discrepancies, with severe congestion in the Middle East and Indian Ocean, advising cross-border sellers to pay close attention to logistics times and prepare for peak season stock planning.
Walmart has deeply integrated Google Gemini AI technology into its e-commerce platform's shopping and checkout processes, aiming to enhance the consumer experience with AI assistance in search, recommendations, and ordering.
JD.com has launched an online tax refund upgrade service for international visitors, simplifying the VAT refund process through paperless handling and instant refunds. This move aims to enhance the shopping experience for overseas consumers on JD's platform and further promote China's e-commerce internationalization.
Walmart has signed a nuclear power purchasing agreement with Constellation to supply clean energy to its perishable goods distribution center in Illinois. This move is part of Walmart's green energy strategy and demonstrates the commitment of large retailers to ensure stability in their supply chain energy resources.
Amazon continues to enhance its logistics infrastructure with plans to build a sorting warehouse equipped with advanced robotic systems in Texas. The project is expected to be completed in 2027, further improving Amazon's delivery efficiency in specialty and refrigerated logistics.
With the application of AI agents in e-commerce, A-Comm Technologies has released a draft of the evidence protocol agreement aimed at establishing compliance records for AI-initiated transactions. This move seeks to address trust and legal verification issues in AI automated transactions and pave the way for standardization in future AI e-commerce transactions.
One year after the establishment of the Shanghai Hongqiao "Cross-border E-commerce + Industrial Zone" pilot area, cumulative transactions have exceeded 14 billion Yuan. By opening up new logistics channels such as the 'Shanghai-Hong Kong Direct Train', the pilot area has achieved a 40% improvement in logistics efficiency and a 30% reduction in overall costs, providing efficient outbound infrastructure for cross-border e-commerce firms in the Yangtze River Delta.
GameStop has increased its stake in eBay to 9.8%, further advancing its acquisition plans. This move reflects GameStop's strategy to transform its traditional retail business by integrating e-commerce platform resources. For eBay sellers, changes in the platform's equity structure may indicate future shifts in operational strategies or management adjustments.
The U.S. Department of Justice ruled that TikTok is no longer constrained by the federal device ban because it has restructured into an independent entity controlled by U.S. investors and Oracle overseeing data. This move eliminates significant policy uncertainty for TikTok's operations in the U.S., providing brands with greater confidence in advertising compliance.
Amazon's GWD Shanghai warehouse opened fully on July 16, supporting FOB trade terms and featuring automated systems. The warehouse aims to serve sellers in East China, providing more efficient restocking and fulfillment support, along with a 30-day free storage offer to deepen Amazon's localized fulfillment layout in the region.