AliExpress EU Economic Operator is about to be implemented, and the number of new sellers on Scottish eBay has increased by 90%

AliExpress EU Economic Operator will be implemented on July 16

According to foreign media reports, the EU Market Surveillance Regulation ( EU) 2019/1020 will come into effect on July 16, 2021. The regulation aims to ensure that products entering or sold in the EU market comply with applicable safety requirements. The new regulation also specifically requires that some products sold in the EU (excluding the UK) (which highly overlap with the scope of CE-compliant products) must have an economic operator located in the EU responsible for product compliance before July 16, 2021.

Number of new Scottish sellers on eBay increased by 90% in 2020

According to foreign media reports, the number of Scottish sellers entering eBay increased by 90% in 2020, with the increase in new sellers higher than in other parts of the UK. Among Scottish businesses entering eBay, the entry rate of sellers in southern Scotland is as high as 3,400%, and the north has also increased by 843%. In addition, e-commerce businesses in areas such as western Dundee, North Ayrshire and Arran have also developed rapidly, with their online business on eBay increasing threefold.

29 Chinese mobile games attracted $900 million in revenue in the Japanese mobile game market in the first quarter

According to the latest data from Sensor Tower Store, the revenue of the Japanese mobile game market exceeded US$5.1 billion in the first quarter of 2021, a year-on-year increase of 35%, setting a new record. Among them, a total of 29 Chinese mobile games were shortlisted in the TOP100 best-selling mobile games in Japan, and the 29 Chinese mobile games attracted a total of US$900 million, accounting for 25% of the total revenue of the TOP100.

Hermès' sales in Asia nearly doubled in the first quarter

On April 22, Hermès said that its sales in the first quarter soared 44% year-on-year to 2.08 billion euros, and the company's sales increased by 33% compared with the same period in 2019. The Asian market performed particularly strongly, and the company's sales in Asia outside Japan nearly doubled compared with the same period last year. The growth in the Chinese market was particularly significant, and the 24% increase in sales in the United States offset the decline in sales in Europe.

Hubei's total foreign trade import and export value in the first quarter was 117.46 billion yuan

According to Wuhan Customs statistics, the total import and export value of goods trade in the province in the first quarter was 117.46 billion yuan, an increase of 88.1% over the same period last year, of which exports were 69.68 billion yuan, an increase of 118.8%. Hubei's top four trading partners are the European Union, the United States, ASEAN, and Japan, with total import and export values ​​of 17.26 billion yuan, 16.11 billion yuan, 15.11 billion yuan, and 11.06 billion yuan, respectively.

Coca-Cola, Procter & Gamble and other multinational companies plan to raise prices

As commodity prices rise, production costs have increased. Coca-Cola, Procter & Gamble and other multinational companies have recently announced plans to increase prices for their products. Consumers may feel some pressure from rising prices in the coming months. Market analysts said that the pricing dominance of multinational giants is the main reason for their decision to raise prices.

Kuaishou launches e-commerce marketing platform "Magnetic Taurus"

On April 22, Ma Hongbin, senior vice president of Kuaishou, revealed at the Kuaishou Photosynthesis Conference that Kuaishou is conducting internal testing of the upcoming e-commerce marketing platform "Magnetic Taurus". The platform provides upgraded services such as connecting accounts and improving data background, providing comprehensive solutions for customers with e-commerce marketing demands, further connecting public and private domain traffic, and helping e-commerce merchants and customers upgrade their marketing.

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