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Industry NewsTikTok

TikTok Shop Vietnam Implements NFC Identity Verification and Mandatory Tax Reporting

Starting from July 1, creators on TikTok Shop Vietnam must complete NFC-based enhanced identity verification and submit tax information. Those who do not complete the verification will lose the ability to live stream for sales, and those who do not submit tax information may face a maximum withholding tax rate.

Industry NewsAmazon Seller Central

Amazon Accelerate 2026 Conference Registration Now Open

Registration is now open for Amazon's annual seller conference, Accelerate 2026. As one of Amazon's most important seller events, the conference will unveil annual strategic plans, new tools, and policy interpretations, serving as a key window for sellers to obtain first-hand information and plan their business for the second half of the year.

Industry NewsAmazon Seller Central

Amazon Product Title Update Policy

Amazon announced an update to its product title guidelines aimed at improving search experience and product display quality. The new rules will take effect on July 27, and sellers need to check and optimize existing listing titles in advance to ensure compliance with the latest format requirements.

Industry NewsKol

Vietnam Launches Official KOL Database Platform

Vietnam's Ministry of Science and Technology has officially launched an official KOL/KOC database platform aimed at regulating the influencer economy and combating false advertising. The platform establishes a comprehensive evaluation system to provide brands with authoritative references for selecting collaboration partners, thereby reducing business cooperation risks.

Platform PolicyPortcalls

EU Ends De Minimis, FedEx Strengthens Support for APAC Businesses

The EU will cancel the import duty exemption for goods under €150 starting July 1. FedEx is assisting over 5,000 businesses in the APAC region to cope with new customs requirements and cost changes, sellers need to reassess pricing strategies in the European market in advance.

Industry NewsPortugalresident

TikTok Shop Officially Launched in Portugal

TikTok Shop has officially launched in Portugal, expanding its presence in Europe through a social commerce model. The platform leverages creators and live commerce for product discovery and purchase, providing brands and sellers with new traffic growth channels.

Market TrendsYouralaskalink

Amazon Adjusts Prime Day Strategy Amid Inflationary Pressure

In response to the consumer tightening caused by high inflation, Amazon is extending Prime Day to four days and adjusting its product selection strategy, focusing on grocery and essential items to meet consumers' demand for cost-effective products.

Industry NewsIntellectia

Walton Family Trust Sells $535 Million in Walmart Shares

The Walton Family Trust recently sold approximately 3.86 million shares of Walmart, cashing in $535 million. Market analysts believe this move reflects the family's cautious outlook on the company's future growth, combined with recent stock price volatility, drawing investor attention.

Market TrendsGlossy

Vaseline Leverages TikTok Beauty Hacks to Boost Sales

Vaseline has transformed TikTok beauty hacks into limited-edition products sold exclusively on TikTok Shop. This strategy has seen major success in Thailand and is expanding into Singapore and the Philippines, demonstrating social commerce's power in brand conversion.

Market TrendsBernama

Rising Demand for Tropical Fruits Prompts China to Expand Cross-Border Trade Hub

China's growing demand for Southeast Asian tropical fruits has led Guangxi to expand the capacity of its fruit trading center. This hub serves as a cross-border logistics gateway between China and ASEAN, with an annual processing capacity of 2.42 million tons, making durian the most valuable commodity in bilateral trade.

Industry NewsEqs News

Aosom Partners with French Handball Federation

Cross-border e-commerce retailer Aosom has reached an official supporter partnership with the French Handball Federation, aiming to enhance its brand awareness in the French and European markets through sports marketing, integrating home and outdoor products into the lifestyles of sports fans.

Industry NewsThefintechglobal

Bir Partners with Paysend to Launch Cross-Border Remittance in Azerbaijan

Azerbaijan's e-commerce and financial platform Bir has partnered with Paysend to introduce cross-border transfer capabilities within its m10 mobile wallet, supporting real-time remittances to over 140 countries and regions, aiming to enhance the convenience of cross-border payments locally.

Industry NewsDigitaltransactions

Nuvion Partners with Visa to Launch Cross-Border Real-Time Payment Service

Cross-border payment startup Nuvion has announced a partnership with Visa Direct to provide real-time payment services globally for businesses. The solution facilitates funds transfer to bank accounts, digital wallets, and payment cards worldwide, aiming to solve issues with slow fund arrival and complex processes in cross-border transactions, improving sellers' cash flow efficiency.

Market TrendsDigitaltransactions

50% of Consumers Use AI for Return Requests, Retailers Face Pressure

According to a report by Riskified, consumers are increasingly using AI tools like ChatGPT to write persuasive return requests, leading to increased pressure on retailers to handle returns. Additionally, consumer acceptance of behaviors like “Bracketing” (buying multiple items to return some) continues to rise, raising awareness of the risk of return policy abuse for sellers.

ComplianceEcommercenews

DHL Globalmail Suspends UK to EU Parcel Service

DHL Globalmail has announced that it will suspend parcel transport services from the UK to the EU from July 1st due to insufficient operational preparation for the upcoming customs regulations. This decision will directly impact UK cross-border sellers relying on this channel, who need to find alternative logistics solutions quickly.

Market TrendsGraypoplar

G7 Summit Issues Supply Chain Alert, Focus on China's Export Dependency

At the recent G7 summit, leaders issued a warning regarding dependency on supply chains, introducing the concept of 'China Shock 2.0' and committing to reducing dependency on a single supplier (particularly China) for key minerals and high-value industrial sectors to below 60% by 2030, which may trigger subsequent trade restrictions.

Platform PolicyChuhai

Amazon Europe Tightens FBM Direct Shipping, IOSS Binding Required from July

Amazon Europe updates its logistics policy, requiring FBM direct shipping sellers to use platform-authorized logistics providers and complete ASIN and IOSS tax number validation when shipping. Non-compliance will lead to consumers being taxed again and the platform’s duty compensation mechanism failing, with all losses borne by the seller.

Industry NewsShopifreaks

Walmart US Officially Opens to Mexican Consumers

Walmart announces an investment of $2.37 billion for regional expansion, officially opening its US online marketplace to Mexican consumers, marking Walmart's first attempt at cross-border e-commerce.