Newegg has filed with the U.S. Securities and Exchange Commission for a mixed securities offering of up to $250 million. The mixed-shelf registration would give the company flexibility to raise funds later for business expansion, technology investment, or working capital.
eBay reported $3.1 billion in revenue for the first quarter of 2026, up 19% year over year. Advertising revenue was strong at $581 million, and the company confirmed its planned acquisition of Depop, expected to close in the third quarter, to deepen its reach among younger fashion shoppers.
Amazon’s Leo satellite network, formerly known as Project Kuiper, successfully deployed 29 new satellites aboard an Atlas V rocket, bringing the total number of satellites in orbit to 331. The network is designed to provide global broadband coverage, and its infrastructure is entering a large-scale buildout as launch frequency increases.
Newegg has filed an application with the U.S. Securities and Exchange Commission (SEC) for a mixed securities offering of up to $250 million. The move typically provides funding flexibility for future operations, expansion, or capital-structure adjustments.
Cross-border e-commerce returns-solutions provider Return Helper has completed a $4 million Series A funding round. The company uses AI to optimize reverse logistics, helping sellers turn return losses into profits, and currently operates more than 20 overseas warehouses worldwide.
Amazon announced a new round of layoffs affecting about 16,000 employees. The cuts are part of the company’s post-pandemic organizational restructuring and strategic shift toward artificial intelligence.
The EU announced that it will abolish the tariff exemption for low-value imports below €150 from July 1, 2026. The move will have a significant impact on cross-border logistics and ecommerce sellers’ pricing strategies.
Newegg announced that it will participate in COMPUTEX Taipei 2026 from June 2 to 5 to mark its 25th anniversary and showcase its latest e-commerce initiatives.
Amazon has officially confirmed that its flagship annual promotional event, Prime Day, will return in June this year. Sellers should accelerate inventory preparation and promotional submissions.
Xiaohongshu has officially launched its cross-border ecommerce initiative, Redshop, which is scheduled to go live in June 2026. The platform will initially target nine overseas markets, including the United States and the United Kingdom, and will use an invitation-only model to avoid low-price standardized-goods competition while promoting Chinese cultural heritage crafts and handmade products. The move represents a strategic shift from “merchants going global” to “platforms going global.”
TikTok Shop is continuing its European expansion and will officially begin e-commerce operations in the four countries in mid-June. Sellers can already register and select products, while consumers will be able to complete purchases directly in the app without being redirected to external links.
TikTok Shop has revised its settlement cycles into a four-tier system. High-performing Mall sellers may receive funds in as little as one day, while other sellers will follow settlement periods of 3 to 15 days based on the store adjustment period and risk assessment, with the aim of improving cash-flow management.
Walmart is accelerating its digital transformation and plans to replace price tags at 2,300 stores by 2027. The move will enable remote, real-time price updates, significantly reduce the labor cost of replacing paper tags, and provide a technological foundation for dynamic pricing.
eBay has released a June user agreement update that strengthens compliance requirements for live shopping through eBay Live and tests a “Managed Shipping” service in the U.S. Sellers should note changes to logistics responsibilities and arbitration clauses to maintain compliance.
Amid surging AI operating costs, Walmart has begun imposing token usage limits on employees using its internal AI tools. The move shows that large companies are shifting from “unrestricted exploration” to more cost-efficiency-focused management as they broadly adopt AI in the workplace.
Amazon’s early investment in artificial intelligence has generated substantial returns, with its stake in Anthropic increasing in value from $8 billion to $74 billion and validating its AI strategy.
Walmart is strengthening its rapid delivery services to compete for “last-minute” shoppers seeking fast arrival, as competition in retail delivery intensifies.
Amazon announced several developments in early June, including the integration of OpenAI models into Bedrock and the successful deployment of more than 330 satellites for its Leo project.
New research shows that global cross-border payment volume is expected to reach $63 trillion by 2030 as digital payment infrastructure improves and cross-border trade expands.
The Asian Safety and Security Online Exhibition (ASSOE 2026) officially opened on June 1 and will run through the end of October, aiming to connect global buyers with suppliers in Asia’s security and industrial protection sectors through an online platform.