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Amazon officially replaced Walmart as the top-ranked company on the Fortune 500 after strong revenue performance in fiscal 2025. The change reflects Amazon’s growing market strength in e-commerce and cloud services.
Bank of America announced plans to launch a cross-border real-time payments service in the next quarter, offering business customers more transparent and lower-cost settlement, particularly for cross-border e-commerce sellers repatriating sales proceeds.
Amazon plans to invest more than €10 billion in Europe and deploy advanced robotics to improve fulfillment-center efficiency. The move aims to optimize logistics fulfillment capabilities in the European market.
Amazon has announced that its annual summer sale, Prime Day, will begin on June 23 and run through June 26. The event will feature discounts on tens of thousands of products, along with grocery delivery offers and Kindle/Audible subscription benefits for Prime members. Sellers should move up inventory preparation and advertising schedules because the event is taking place in June.
Newegg executive Fred Chang sold approximately $640,000 worth of company stock through an affiliated entity in early June. The sale came as Newegg participated in COMPUTEX 2026 and released financial results, drawing attention to the company’s share-price performance.
Bank of America plans to launch a cross-border real-time payments service next quarter to provide businesses and financial institutions with more efficient settlement options. The service will support real-time payment tracking and connect to multiple real-time payment networks worldwide, making it particularly relevant to cross-border settlements for e-commerce platform suppliers by shortening funds-transfer times and reducing operational complexity.
At Walmart’s annual shareholder meeting, investors rejected a proposal requiring the company to disclose how AI technology affects employee well-being. Employee representatives said AI-driven performance evaluations had increased pressure and created safety concerns, while management said AI is intended to support decision-making rather than pressure employees. The decision indicates that Walmart will continue advancing its automation strategy.
Cross-border ecommerce solutions provider Global-E Online announced that its board approved a share buyback program of up to $500 million. The move signals management’s long-term confidence in the company as a key cross-border partner for platforms such as Shopify, while also reflecting its expansion strategy following the integration of the Passport logistics business.
Amazon will move this year’s Prime Day to June 23 and run it for four days. Amid economic uncertainty, the platform will focus promotions on groceries and household essentials to attract budget-conscious consumers.
eBay’s June updates focus on improving seller efficiency and compliance, including an AI-powered payment dispute response tool, mandatory standardized descriptions for coins, and a trading card price lookup tool available to all sellers.
Newegg showcased its largest-ever esports-focused zone and launched a PC-building simulation tool at COMPUTEX 2026. Although its Q1 results reflected supply-chain pressure, the company is pursuing growth by strengthening its gaming ecosystem.
Amazon has officially announced that Prime Day will begin on June 23 and run for four days, seeking to gain an early advantage ahead of summer promotions.
Payment service provider Triple-A has launched multi-currency euro accounts to help cross-border sellers receive and settle euros directly without establishing a local European entity. The solution supports collections through the SEPA network and allows funds to be converted into stablecoins or paid out in local currencies globally, reducing administrative costs.
Automotive accessories brand Rhino USA, after achieving eight-figure sales growth through TikTok Shop, is building a 182-acre “content factory” in Texas. The initiative aims to further strengthen its brand influence and traffic acquisition capabilities in social commerce through large-scale in-house content production.
The Fifth Weihai International Week is about to take place, with Weihai setting out the strategic goal of becoming a “Northeast Asia cross-border e-commerce logistics center.” The event will bring together multinational and listed companies to promote international cooperation in advanced manufacturing and the global expansion of cross-border e-commerce infrastructure in Weihai.
At COMPUTEX 2026, Newegg showcased its latest PC-building simulation tool and marked its 25th anniversary. For electronics sellers, Newegg’s continued investment in the gaming community may strengthen its position in this vertical market.
Newegg’s first-quarter results show that the company faced pressure from both memory supply shortages and industry price competition. This reflects supply-chain challenges in the consumer electronics market, and sellers should be alert to cost volatility risks.
Ecommerce risk-control services provider Riskified announced an additional $75 million share repurchase program, signaling confidence in future business growth. For sellers relying on its risk-control services, the move reflects the financial stability of a leading company in the sector.
PaidBy and Mastercard have entered into a partnership to promote the large-scale adoption of cross-border account-to-account (A2A) payments. For cross-border sellers, this could lead to lower-cost and more efficient payment settlement options in the future.
Newegg has announced that its annual summer promotion, the FantasTech Sale, will run from June 22 through June 28, 2026. As the platform’s largest summer promotion, the event calls for sellers to plan inventory and promotional intensity in advance to handle potential traffic surges.