Recently, various major companies have successively released their semi-annual performance reports. Shenzhen's major player, Sungrow Power Supply, has shown an impressive performance report, achieving a half-year revenue of over 4 billion. This week, let's also take a look at the major events in cross-border e-commerce with Debei Cross-border.

Recently, Sveid released a performance forecast, expecting a net profit attributable to shareholders of the listed company in the first half of 2024 to be between 228 million and 248 million yuan, a year-on-year increase of 51.64% to 64.94%; the main reason for the performance change is that during the reporting period, the company continued to adhere to the development strategy of brand globalization, increased brand incubation efforts, improved brand operation efficiency, expanded brand development channels, and achieved rapid growth in operating income. It is expected to achieve operating income of 4.15-4.25 billion yuan in the first half of 2024, an increase of 49.66% to 53.26% compared to the same period last year.

During the reporting period, the estimated impact of non-recurring gains and losses on the company's net profit is approximately RMB 26 million. The parent company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions. It is due to the increase in investment and financial income.

Amazon announced that during the two-day event of Prime Day in 2024, Amazon not only set a new sales record, but also sold more items than in previous years, making this year's Prime Day the largest ever for Amazon. Global third-party sellers also performed well during the event. Including Chinese sellers, global third-party sellers, mainly small and medium-sized enterprises, sold over 200 million items. This year also saw the most promotions for small and medium-sized enterprises on Amazon Prime Day.

Since this year, the TEMU semi-managed model has become a hot topic of concern in the cross-border circle. Recently, the official announcement stated that European local stores will enjoy new benefits, following the registration of US entities, businesses with European entities will also be open for registration.

Germany, Italy, France, and Spain will open on July 17th at 20:00, while the UK will open on July 26th at 16:00. This means that European businesses will have the opportunity to contact the corresponding category operators in advance to open the whitelist and seize the first wave of traffic dividends.

According to the news of Amazon's global store opening, this year Amazon's US and European sites have successively launched the fashion category "Fit Insights Tool", which can help sellers reduce the possibility of returns from the source. The Fit Insights tool is applicable to "clothing" and "footwear" brands registered in Amazon Brand Registry, and has shipped more than or equal to 1 item in the past 12 months.

During the TikTok Shop promotion period (such as 11.11), if a customer purchases a product with the "Lowest Price Guarantee" tag, but finds that the same product is priced lower on other e-commerce platforms, the platform will issue a coupon of up to RM75 to the customer, which can be used within 30 days. Customers and sellers can see the "Lowest Price Guarantee" tag on the product details page, order page, and order summary page. Customers have up to 6 days after product delivery to submit a compensation claim, with a maximum of 3 claims per month, and each claim can only be made for one product.

Recently, e-commerce platforms such as Shopee and Lazada in the Philippines will levy a 0.5% deductible withholding tax on eligible local sellers as required by the government. This regulation stems from the Philippine Bureau of Internal Revenue's Revenue Regulation No. 16-2023 issued on December 27, 2023, and the applicable period has been adjusted to July 14, 2024. Starting from July 15, 2024, local online sellers in the Philippines with annual income exceeding 500,000 Philippine pesos will be required to pay a 1% deductible withholding tax based on 0.5% of their total sales.

In addition, stores with an annual total income of less than 500,000 pesos will be exempt from this tax, and the income of each affiliated store will be combined to determine whether it exceeds the tax exemption threshold.

The partnership between the UK shopping rewards website Nectar and eBay is set to end on September 1, 2024. The direct linking of accounts between the two parties will be discontinued. Buyers will no longer be able to collect or spend Nectar points directly on eBay, but can continue to accumulate points when shopping on eBay through the Nectar app or website. eBay vouchers will remain valid within their expiration date, and points can be used at other Nectar partner merchants.

Yandex Market announced its entry into the rental field, expanding beyond B2C to provide leasing services for office, construction, electronic equipment, and catering equipment, covering 320,000 corporate buyers, of which 85% are small and medium-sized enterprises. At the same time, Ozon also established "Ozon Leasing Company," planning to provide financial leasing services to internal and external customers, with a statutory capital of 70 million rubles, expected to launch in 2024.

This move indicates the positive layout of the two e-commerce giants in the rental market. However, participants in the rental market are cautiously optimistic about the new direction, with some expressing willingness to cooperate but adopting a wait-and-see attitude. With the entry of e-commerce giants, the rental market may usher in a new competitive landscape and development opportunities.

Recently, Wildberries announced the official launch of delivery services at 900 post offices in Moscow, marking the successful transformation of its pilot project since September this year.

Wildberries partners with Moscow Post to provide 24-hour mailbox services covering residential buildings and public transport stations, with plans to expand to 10,000 mailbox points by 2025. This collaboration not only enriches Wildberries' delivery channels but also brings more flexible and diverse delivery options to Moscow residents, further promoting the deep integration of e-commerce and postal systems.

Recently, the National Retail Federation (NRF) announced the ranking of the top 100 retailers in the United States for 2024 based on retail sales. Among these retailers, Walmart has consistently held the top position, with sales in the United States reaching $533 billion.

In addition, the National Retail Federation also mentioned that Walmart is now "transforming the entire chain store to meet new standards" to further drive business growth and achieve more stable development. At the same time, Walmart will also focus on financial services and continue to expand in this area.