Nearly 10,000 TEUs were stranded and the container terminal was paralyzed. The 17 major overseas sites of Amazon's global store opened.
Amazon Global Stores: 17 overseas sites have been fully opened to Chinese sellers
Amazon's global store opening said on the 28th that it currently includes 17 major overseas sites including Amazon in the United States, Canada, Germany, the United Kingdom, France, Italy, Spain, Japan, Mexico, Australia, India, the United Arab Emirates, Saudi Arabia, Singapore, the Netherlands, Sweden and Poland. It has been fully opened to Chinese sellers. Amazon said that since Amazon's global store opening business officially entered China in 2015, hundreds of thousands of Chinese sellers have joined the project. Through Amazon's global store opening, sellers have direct access to more than 300 million active Amazon users worldwide, including more than 200 million Prime member users. At the same time, sellers can also reach more than 5 million high-quality corporate and institutional buyers around the world through Amazon Enterprise Shopping in the US, Europe and Japan.
Nearly 10,000 TEUs were stranded and the container terminal was paralyzed
Recently, dockers in Montreal announced that they are expanding the current part of the strike into a full strike on port container terminal operations. Workers who have refused to work overtime and weekend work will start a general strike on April 26, which will completely stop the cargo handling and terminal services normally provided by dock workers at the Port of Montreal.
sea freight from china
After a weekend of work stoppages, the impact has been great. Nearly 10,000 TEUs have been stranded, the backlog has been overstocked, the railway fleet has been delayed, and shipping companies that have ships to Montreal have to rearrange logistics. It is reported that the Port of Montreal handles 275 million Canadian dollars worth of goods every day, including agricultural products, medicines and construction equipment. An interruption will cause economic losses of 10-25 million Canadian dollars a day, and the port freight volume has been severely affected by the strike activity.
Research says Amazon will surpass Wal-Mart in 2025 to become the largest retailer in the United States
A study by the e-commerce research company Edge by Ascential shows that in the next few years, Amazon will surpass Wal-Mart to become the largest retailer in the United States. By 2025, Amazon’s gross merchandise transactions (GMV) will reach $631.6 billion, with a compound annual growth rate (CAGR) of 14% from 2020 to 2025. Wal-Mart’s sales will increase to US$523.3 billion by 2025, with a compound annual growth rate of 3.9%.
China has become the world's largest sweeping robot market
Recently, the State Grid of China issued the "White Paper on the Development of Robot Vacuums in 2021", showing that with the explosive growth of robot vacuums in China, China has become the world's largest robot vacuum market. AI visual recognition, dToF (direct time-of-flight) navigation, 3D structured light and other technologies have been successfully applied to sweeping robots, and the overall technology of sweeping robots has taken a big step forward.
Alibaba is listed on the "Times" 100 most influential companies in the world
On April 28, the US "Time" magazine recently selected the world's 100 most influential companies for the first time in 2021, and Chinese technology companies such as Alibaba, Huawei, Tencent, and Didi Chuxing were on the list. It is understood that the list is divided into 5 parts, including Pioneers (PIONEERS), Leaders (LEADERS), Innovators (INNOVATORS), Giants (TITANS), Disruptors (DISRUPTORS). Among them, technology companies such as Apple and Twitter were selected as the "leaders" list; Alibaba, Tencent, and TSMC are listed as industry "giants", and the list also includes foreign technology companies such as Facebook, Google, Amazon, Microsoft, and Samsung; Huawei and Didi Chuxing were selected as "disruptors", in addition to Tesla, SpaceX, and Airbnb.
sea freight from china
Google's parent company's net profit in the first quarter increased by 162% year-on-year
Google's parent company Alphabet released its first quarter financial report for fiscal 2021. The total quarterly revenue was US$55.314 billion, an increase of 34% from US$41.159 billion in the same period last year; the quarterly net profit was US$17.930 billion, an increase of 162% from US$6.836 billion in the same period last year. Google’s search and other business revenues in the first quarter were US$31.879 billion, higher than the US$24.502 billion in the same period last year; YouTube’s advertising revenue was US$6.005 billion, higher than the US$4.038 billion in the same period last year. Google's cloud business revenue was US$4.047 billion, higher than the US$2.777 billion in the same period last year.
Shopify’s first-quarter revenue is US$989 million, and the market is expected to be US$865 million
Shopify announced the first quarter of 2021 earnings. In the first quarter, Shopify’s revenue was US$989 million, and the market expected it to be US$865 million, which was US$470 million in the same period last year. Earnings per share were US$9.94. The market’s expected loss was US$0.08. 33.4 billion US dollars, compared with 17.4 billion US dollars in the same period last year. In addition, Shopify's monthly active life in the first quarter was 89.9 million, an increase of 62% year-on-year.
sea freight from china
