Top ten events of export cross-border e-commerce in the first half of 2022 (1)

September 14, 2023

Top ten events of export cross-border e-commerce in the first half of 2022

 

Event one: Amazon Global Selling China released its 2022 strategic priorities

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On January 11, the Amazon Global Selling Online Cross-border Summit was held. At the summit, Amazon Global Selling China announced a brand upgrade, put forward a new proposition to help export cross-border e-commerce enterprises build global brands - "create a new pattern of global brands", and shared strategic priorities for 2022. Including: support sellers to lay out global business and achieve diversified expansion; Improve localization services to empower sellers in digital transformation; Drive sellers to build global brands and create long-term value.

 

Event two: Shopmaker Technology completed $150 million Series C1 financing

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On January 20, Shoplazza, a SaaS platform for global e-commerce independent sites, announced the completion of a C1 round of financing totaling $150 million. This round of financing was led by SoftBank Vision II Fund, followed by Abu Dhabi Royal Fund (Chimera), Stepstone Group, a world-renowned wealth management group, and old shareholders Yunjiu Capital, Sequoia China, Qianhai Fund of Funds and Pansheng Asset Management also continued to increase their weight, and Yibo Capital served as the exclusive financial advisor.

 

Event three: Wish suspended open registration and implemented an invitation system

At an overseas press conference on Feb. 2, Wish said that starting Feb. 2, new merchants who want to sell on Wish will need to participate in a "multi-step evite-only" process. New merchants who want to visit Wish will need to fill out a short questionnaire on Merchant first, and the Wish team will review each request, looking at factors such as product category, channel partnerships, and e-commerce performance history.

 

Event 4: TikTok e-commerce cross-border business will open up to new markets such as Vietnam

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On March 7, TikTok Shop's official public account "TikTok E-commerce Marketing Watch" announced that in the second quarter of 2022, TikTok e-commerce cross-border business will open up new markets in Vietnam, Malaysia, Thailand and Southeast Asia. According to the news, the UK cross-border merchants who have already settled in do not need to settle in again, and after the new market opens, they can directly upgrade their accounts in the background to become multinational stores and open new market business. At present, only local companies can apply, and if you want to enter the Southeast Asian market, you must first understand the application qualifications of TikTok Shop in the Southeast Asian market.

 

Event 5: Chuan children's clothing export e-commerce DTC brand "PatPat" plans to IPO

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On March 15, it was revealed that PatPat was considering an initial public offering (IPO) and had preliminary discussions with potential investment banks. They said the IPO could be completed as soon as this year, with an expected raise of about $500 million and a valuation of around $3 billion. For listing locations, PatPat considers listing locations including Hong Kong and may also choose to list in the United States. Currently, deliberations are ongoing and details such as size, location and timing of the issuance may change. PatPat did not respond to a request for comment on the rumored listing.

Xingtai KODA Industry Co., Ltd

Xingtai KODA Industry Co., Ltd. Was established in 1999, including 180 employees, 8 Senior Specialist Technology Engineers, 16 Middle Specialist Technology Engineers.Our company introduced the Japanese most advanced injection moulding machines, precision machines, automatic ban-burying machines, vulcanizing machines, rubber injection machines, punching machines, automatic CNC machine and related facilities. They provide strong support for our perfect product quality. Meanwhile, the company has adopted ISO/TS16949: 2009 Certification and ISO9001: 2000 Certification.

The company has successfully developed thousands of rubber、plastic ( PU / PTFE /PA ) products. We are always focusing on developing and manufacturing all kind of sealing, such as motorcycle parts, engineering machinery seals, industrial seals, refrigeration equipment accessories, etc. All of them are widely used in Seals service for industries as following:

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Our products are exported to Russia, America, Middle East, South America, Africa and other areas and countries. We always and will forever provide stable quality and superior performance products. Domestic and foreign friends' visits and business negotiations are sincerely welcomed.

Manufacture: oil seal , o-ring (kit) , valve stem seal , gasket , engine repair kit , engine mounting , rubber diaphgram, silicone hose, All Kinds of rubber parts , All Kinds of sealings

 

 

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