Amazon Into Alibaba Base Camp, Shopee Releases First Quarter Financial Results

Amazon Goes Deep into Alibaba Base Hangzhou

On May 17th, Beijing time, Amazon.com was preparing to go deep into the headquarters of Alibaba.com and face up with the Chinese e-commerce giant. In the coming weeks, Amazon will soon hold an event in Hangzhou, where Alibaba is headquartered. Interact with 400 Chinese manufacturers who are passionate about selling electronic products, auto parts, household goods and more directly to consumers in the United States and Europe.

Indonesia’s Beauty E-Commerce Platform Sociolla Receives US$12 Million Financing

Today, Sociolla, the Indonesian beauty products e-commerce and social networking platform, announced that it has received US$12 million in financing, and the lead investor is East Ventures’ new fund, EV Growth. Participants included Indonesian venture capital company Sinar Mas Digital Ventures, Yahoo Japan’s venture capital department YJ Capital, Japan beauty products e-sports iStyle and a number of undisclosed Singapore institutional investors.

Amazon offers Prime members 10% discount at Whole Foods Supermarket

This Wednesday, at the Whole Foods store in Florida, Amazon has offered a 10% discount to Prime members. In order to facilitate the use of Prime members, shoppers need only scan the Whole Foods application in the registry, or provide them to the cashier. The phone number shows that they are Prime members and can enjoy discounts.

Loss of executives: Alexa’s vice president leaves office

According to a person familiar with the situation, according to informed sources, Alex Freeman, Alexa’s vice president in charge of e-mail products, told Amazon that he will resign earlier this year to work at the German e-commerce company Zalando, and his superiors asked him to stay. Freeman did not concede, and in April he eventually joined the company in Berlin.

Shopee GMV $1.9 billion in the first quarter increased by 199.5% year-on-year

A few days ago, Sea Group announced its financial report for the first quarter of 2018 and disclosed its performance data for its pan-Southeast Asian e-commerce platform, Shopee. According to financial reports, Shopee’s GMV (total value of goods traded) in the first quarter was as high as 1.9 billion U.S. dollars, an increase of 199.5 percent year-on-year. The total number of orders was 111 million, a year-on-year increase of 217.4%.

Amazon: Opens New Distribution Center in Tucson, Arizona


Beijing May 17 hearing, Amazon will open a new distribution center in Tucson, Arizona. Amazon said the new plant will employ more than 1,500 employees.

In the new 855,000-square-foot logistics center, Amazon employees will pick, pack, and deliver small items to customers, such as books, electronics, household goods, and toys.

Leave a Reply

Your email address will not be published. Required fields are marked *