news

1. Amazon reduces some MCF fulfillment fees in the UK

On April 30, it was reported that Amazon recently reduced some MCF fulfillment fees in the UK. This means that if sellers use the inventory products in FBA to complete orders on non-Amazon platforms, their shipping costs will be further reduced. This preferential policy took effect on April 26.

According to reports, MCF fulfills orders reached by sellers in any commercial channel, using the same delivery speed as Amazon Prime, and provides 1 day, 2 days or standard (3-5 working days) delivery options. All MCF orders are 100% traceable, and any logistics tracking number can be searched through Amazon’s Swiship logistics tracking website, Shopify, eBay and other platforms.

2. Amazon India will delete products priced higher than the highest retail price

On April 30, according to reports, Amazon India recently stated that during the new crown pneumonia pandemic, it will cancel the product list of sellers whose prices are higher than the highest retail price (MRP) on its platform and suspend their accounts.

In the statement, Amazon India mentioned: “There is no room for price fraud on Amazon. According to our policy, we will continue to actively monitor our market and take necessary actions, including canceling the restrictions on sellers who sell products on top of mrp. The listing and suspension of accounts is a violation of Indian law.”

3. China Post’s “Nanjing-Osaka” international cargo and mail route officially opened

According to news on April 30, at 10:36 on April 27, China Post Airlines flight CF235 took off smoothly from Nanjing Lukou International Airport and landed at Kansai International Airport in Osaka, Japan at 12:42. The successful maiden flight from Nanjing to Osaka marked the official opening of China Post’s “Nanjing-Osaka” cargo and mail international route. So far, China Post has a total of 10 international (regional) routes.

It is reported that the Nanjing-Osaka route mainly carries international EMS and cross-border e-commerce mail from Nanjing, Suzhou and Wuxi. It will fly three times a week on Tuesdays, Thursdays and Saturdays. It is expected that the annual cargo and mail volume will exceed 1,500 tons. Departing from Nanjing Port, the average time limit from receipt to departure is 3-4 days.

4. eBay’s first quarter revenue was US$3.023 billion, a year-on-year increase of 42%

On April 30, it was reported that eBay yesterday released its first quarter financial report for the 2021 fiscal year. The report shows that eBay’s net revenue in the first quarter was US$3.023 billion, an increase of 42% from US$2.129 billion in the same period last year, and the market is expected to be US$2.972 billion; net profit from continuing operations was US$569 million, compared with 4.31 in the same period last year. Billion US dollars increased by 32%; not in accordance with US GAAP, eBay’s net profit from continuing operations in the first quarter was 758 million US dollars, an increase of 45% compared with the 522 million US dollars in the same period last year.

As of the close on April 28, Eastern Time, eBay’s stock price rose slightly by 1.00% to $62.32, with a total market value of $42.405 billion.

5. Spotify’s first quarter revenue was 2.147 billion euros, a year-on-year increase of 16%

On April 30, it was reported that Spotify, a Swedish streaming music service provider, released its financial report for the first quarter of 2021. The financial report showed that Spotify’s total revenue in the first quarter was 2.147 billion euros (approximately US$2.591 billion), a year-on-year increase. 16%. The net profit attributable to the company’s shareholders was 23 million euros, compared with a net loss of 125 million euros in the same period last year.

Throughout 2021, the number of monthly active users will reach 402 million to 422 million; the number of paying users will reach 172 million to 184 million; total revenue will reach 9.11 billion to 9.51 billion euros; gross profit margin will reach 24.0% to 26.0%; Operating losses will reach 250 million euros to 150 million euros.

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Post time: Apr-30-2021