State of E-Commerce in Indonesia, Vipshop Launches Operations in Southeast Asia, Funding News and More
Welcome to?E-Commerce Logistics Unwrapped, a weekly series covering the latest news and industry insights that you might have missed previously. Like what you are reading? Subscribe using the button above and make sure to share this with your network.
Armed with one of the largest?#ecommerce?populations in the world, China was said to have contributed to more than?50% of total e-commerce retail sales?in the world in 2021, exceeding the combined sales values of Europe and the United States. Meanwhile, with a huge e-commerce potential,?eMarketer?has projected that India's e-commerce?#sales?will hit the $100 billion mark in 2023. Read the full analysis here!
With an?e-commerce revenue of 43 billion dollars, Indonesia is home to one of the biggest #ecommerce markets in the world today. In 2021 alone, an estimated number of?30 million people?in the country purchased goods online through various e-commerce platforms.?As part of our annual?state of e-commerce series, this article presents the major delivery performance factors of the Indonesian #market in Q1 2022.?Check it out now!
It was a great week for startups in the?e-commerce, #logistics?and?#supplychain?spaces with plenty of investments pouring in. In last week's?Ecosystem Funding Roundup, we had a chance to feature 6 of them, namely Taeillo , Kapu , SIDEUP , Teleport , Suplyd and Pixyle.ai . A huge congratulations to them all!
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联邦快递 revealed plans to establish a consolidated #returns service in 2023 that will use less-than-truckload services to reduce #shipping costs for customers. FedEx Consolidated Returns will make it possible for consumers to return products at one of the roughly 2,000 FedEx Office locations without a box or mailing label. Read all about it here.
VIPSHOP , a leading online discount #retailer for brands in?China, has announced its market entry into?Southeast Asia. The e-commerce firm partners with over 20,000 brands to offer a selection of products, from #fashion apparel to cosmetics and homeware items. With this launch, Bernard Tay, Vipshop’s Senior Director will take an additional role as Regional Head of Southeast Asia, overseeing the firm’s operation in this region. More details here.
马士基 recently named industry veteran Vincent Clerc as the CEO of the company, effective January 1st, 2023. With #freight prices in its main container #shipping sector plummeting as a worldwide recession approaches, Vincent will be leading the firm through a period of declining container demand. Check out the full article here.
Initiated by e-commerce logistics enthusiasts at Parcel Perform,?Parcel Monitor?is a community that aims to inspire the e-commerce logistics ecosystem to create a better delivery experience for everyone.
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