3. Cainiao Global Parcel Network has an average daily parcel volume of more than 5 million pieces in March.
According to May 13, cross-border trade has grown against the trend by relying on digital business platforms, cloud computing and logistics backbone networks. Merchants operating on AliExpress and Tmall International use Cainiao’s services to improve the timeliness of fulfillment and save logistics costs. In March 2021, the average daily parcel volume of Cainiao’s global parcel network exceeded 5 million pieces. (E-commerce News)
4. In the first quarter, the e-commerce and other business revenue of B station increased by 230% year-on-year.
According to May 13, Bilibili released its first quarter financial report for 2021. According to the financial report, Bilibili's revenue in the first quarter was 3.901 billion yuan, a year-on-year increase of 68%, and the market expected a net loss of 3.781 billion yuan; the adjusted net loss was 665.8 million yuan, a loss of 474.6 million yuan in the same period last year, and the market expected a loss of 757 million yuan. In the first quarter, B station's revenue from e-commerce and other businesses was RMB 519.2 million, an increase of 230% over the same period in 2020, mainly due to the increase in products sold through the company's e-commerce platform. In terms of user data, the average monthly active users in the first quarter reached 223 million, compared with 172 million in the same period last year; the mobile monthly active users reached 208 million, compared with 156 million in the same period last year. (E-commerce News)
5. Lazada central warehouse and overseas warehouse are fully open for investment
On May 13, Lazada recently announced that Lazada central warehouses and overseas warehouses will be fully open for investment, and a warehouse delivery service incentive plan will be provided to all merchants, which will take effect from June 1. Specifically, Lazada's warehouse delivery service incentive plan for overseas warehouses and central warehouses has launched a free-of-warehouse operation fee activity, and monthly assessments are conducted at the national latitude. After the merchant reaches the goal, he can enjoy a monthly reduction of 50%-100% in-store operating fees. (E-commerce News)
6. DoorDash's revenue in the first quarter was US$1.08 billion, higher than expected
"US version of Ele.me" DoorDash had revenue of US$1.08 billion in the first quarter, and analysts expected US$995.7 million. Adjusted EBITDA in the first quarter was $43 million, while analysts expected $34.5 million. In the first quarter, there were 329 million orders, and analysts expected 303.8 million. The adjusted EBITDA is expected to be $0-100 million in the second quarter, and analysts expect $0.267 million. The adjusted EBITDA is expected to be between US$0-300 million for the whole year, and the company previously estimated to be between US$0-200 million. (Cailianshe)
7. AliExpress will adjust the fee of "Using overseas delivery and return services"
According to Hugo.com, AliExpress recently announced that "the overseas delivery and return service cannot be delivered and returned" will be adjusted from May 15, 2021, Beijing time, and the fee will be reduced from 1.19 yuan/order to 0.88 yuan/order.
At the same time, a newly created logistics order at 0:00 on May 15, 2021, Beijing time, selected the overseas undelivered return service, and the return promised delivery time was restored to 180 days (except Brazil) and 220 days (Brazil). AliExpress also stated that Cainiao will continue to work hard to improve the experience of overseas return services, so please stay tuned.
AliExpress’s “Service Instructions for Unable to Deliver and Return from Overseas” shows that only the following online shipping lines support online undeliver and return services: AliExpress Worry-free Logistics-Standard; AliExpress Worry-free Logistics-Priority; Cainiao Large Package Line; 4PX New Mail Registration Package. Moreover, when providing return services, corresponding import taxes may be generated for high-value products, such as the corresponding import taxes generated, and the seller needs to be charged. (E-commerce News)
8. Wish's total revenue in the first quarter was US$772 million, up 75% year-on-year
According to May 13, Wish released its first quarter 2021 financial report on Wednesday. As of March 31, 2021, Wish's total revenue in the first quarter reached US$772 million, a year-on-year increase of 75% from US$440 million in the same period of 2020; net loss was US$128 million, compared with US$66 mil