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Cross-border e-commerce weekly report

Company dynamics

1. Amazon officially responds to the title of big sellers: it will take action against non-compliance

A few days ago, Amazon made an official statement in response to the turmoil that Amazon's big seller Pattoson's brand Mpow was cancelled by the platform, the account was blocked, and many big sellers were also blocked. Amazon said it will take action against non-compliance that affects customers and sellers to protect the legitimate rights and interests of customers and sellers. At the same time, in response to violations of mall rules, Amazon will quickly take measures: such as suspending or revoking sales rights. Amazon emphasizes that the platform has the responsibility to take such measures and to take corresponding actions rigorously and prudently to maintain a high-quality business environment.

2. Ali's cross-border and global wholesale business revenue in FY2021 is 14.396 billion yuan

Alibaba’s latest fiscal 2021 fourth quarter and full-year financial reports show that for the three months ended March 31, 2021, Alibaba’s cross-border and global wholesale business achieved revenues of 3.92 billion yuan, compared with 2.458 billion yuan in the same period in 2020. An increase of 59%, this revenue accounted for 2% of the group's total revenue. The financial report also shows that in the 2021 fiscal year, Ali's cross-border and global wholesale business achieved revenue of 14.396 billion yuan, an increase of 50% from 9.594 billion yuan in the 2020 fiscal year.

3. DTC brands SHEIN and Anker are on the list of China's top 50 global brands

Kantar and Google released the 2021 Kantar BrandZ™ Top 50 Global Brands in China. The top five on the list are: Alibaba, ByteDance, Huawei, Xiaomi, and Lenovo; cross-border e-commerce companies such as SHEIN, Anker, and Zaful are also on the list. Among them, fast fashion cross-border e-commerce SHEIN ranked 11th; 3C consumer electronics brand Anker ranked 13th.

4. The members of the board of directors of Cross-border Communication changed their blood and the core team of "Hundred Yuan Pants Industry" returned

A few days ago, the large cross-border e-commerce seller, Cross-border Tongbao E-Commerce Co., Ltd. (hereinafter referred to as "Cross-Border Tong"), reviewed and passed a number of resolutions at the 44th meeting of the fourth board of directors, and made a Adjustment. According to the resolution of the board of directors of Cross-border Communication, Wang Chengbin, founder of the ZAFUL brand under Cross-border Communication and general manager of Shenzhen Safu Commercial Co., Ltd., Ji Penglong, executive director of Shenzhen Safu Commercial Co., Ltd. and director of the supply chain center, and chairman of Fujian Qingsong Co., Ltd. And President Li Yong, three persons were nominated as candidates for non-independent directors of the 4th Board of Directors; Su Changling was nominated as candidates for independent directors of the 4th Board of Directors; Jia Runping was nominated as candidates for non-independent directors of the 4th Board of Directors, concurrently serving as the company’s general manager Manager; Zhang Hongxia was nominated as a candidate for non-independent directors of the fourth board of directors, concurrently serving as the company's deputy general manager and secretary of the board of directors. Cross-border Communication officially stated: "This adjustment can be understood as the return of the core team of the'Hundred Yuan Pants Industry', so that such a team with experience and ability in the management of listed companies can lead Cross-Border Communication to break out of the siege and return to its peak. ." (by tiktooky)