Mr. Zhiwei Xu, CEO and Chairman of Jowell Global Ltd. , said, “ZTO operates a highly scalable network style that allows it to rapidly expand its nationwide network and provide e-commerce merchants with greater geographic success at low cost. “. Operational power and economies of scale allow JWEL to achieve strong operating leverage. After more than a year of close collaboration with ZTO, it is a pleasure to announce an extension of our collaboration. I anticipate that the recently signed warehouse distribution integration agreement will be a very important step in achieving our expansion strategy and ensuring the satisfaction of our consumers worldwide. Not only will the agreement help us simplify our logistics network, save on operating costs and deepen relationships with ZTO, but it will also have a greater impact on our reputation to attract foreign brands and products for sale on our platform, which is a vital aspect of delivering sustainability. I expand it for either party.
The recently negotiated cooperation agreement is expected to further simplify key logistics processes, optimize the distribution cycle and herald the seamless integration of many of the company’s business processes. In the future, JWEL seeks to continue selling a deep cooperation with ZTO, in order to achieve sustainable expansion for either party and inspire high-quality progression in e-commerce logistics. In addition, JWEL will continue to seek and cooperate with high-quality business partners to explore and expand foreign products and resources for its consumers while delighting in and satisfaction. »
ZTO Express (Cayman) Inc. ZTO announced its unaudited monetary statements for the current quarter ending June 30, 2022 in August. The company posted package volume growth of 7. 5% and increased its market share by two percentage points to 23% despite the negative effects of COVID, while maintaining service quality and visitor satisfaction. Adjusted net profit up 38. 2% to RMB 1,758. 7 million. Cash generated from operating activities was RMB 3,780. 8 million. Mr. Meisong Lai, Founder, Chairman and CEO of ZTO, said: “Despite the resurgence of COVID and the macroeconomic uncertainties in the first half, we achieved a forged set of positive effects in both volume and profit. Our package volume reached 6. 2 billion, expanding our market share through 2. 0 editions to 23. 0%, and adjusted net source of revenue increased by 38. 2% to 1. 8 billion, while maintaining high-quality service and visitor satisfaction. Being among the first to resume operations, ZTO capitalized on the expansion momentum and accelerated volume expansion by leveraging our strong infrastructure and capacity advantages. Our cargo projects continued to generate effects where standardization and digitalization allow us to optimize the economy across the network, aggregating the operations of our network partners.
Grindrod Shipping Holdings Ltd. GRIN announced in October that it had entered into a Transaction Implementation Agreement (the “Implementation Agreement”), dated October 11, 2022, between the Company, Taylor Maritime Investments Limited (“TMI”) and Good Falkirk (MI ) Limited, a wholly owned subsidiary of TMI (the “Offeror”), offering a conditional voluntary money offer (the “Offer”) to be made through the Offeror for all shares of common stock issued pursuant to the percentages (the “Shares”) in the capital of the Company (other than the Shares held through the Offeror and the Treasury Shares) (the “Offered Shares”). Under the terms of the Offer, according to the shareholders of the Company (“Grindrod Shareholders”) they will be entitled to obtain the offer value of US$21. 00 in cash for each Share offered in the Offer Under the Offer Agreement. Execution, the subject of Offer situations being rejected (or, to the extent consistent, waived) on the Offer Expiration Date, the Company has agreed to claim and pay a special dividend of $5. 00 consistent with a percentage consistent (“Special Dividend”) to Grindrod consistent with percentage holders who have consistent percentages on the dividend record date to be decided through the Board of Directors.
BigCommerce Holdings, Inc. BIGC announced, in partnership with Snap, Inc. , the launch of Snapchat for BigCommerce. BigCommerce merchants of all sizes in the US can now directly integrate their store as a one-stop shop to sync product catalogs and create immersive Snapchat ad campaigns to expand visitor reach, open new revenue streams and , in the end, seize your business. to the next level. “Giving marketers access to Snapchat’s exclusive audience of 363 million daily active users opens up incredible opportunities for them to tap into a younger generation of influencers who are perceived to have an effect on a consumer’s purchasing decision,” said Sharon. Gee, vice president. President of Profit Expansion and General Manager of Omnichannel at BigCommerce. “For BigCommerce, the Snap partnership expands our portfolio of direct integrations for omnichannel merchants on the BigCommerce platform, offering access to high-performing social, search and marketplace channels from a single platform to sell more and rack up profits. In addition, This partnership provides exclusive benefits to our ecosystem of qualified omnichannel partners for merchants on any eCommerce platform through Feedonomics to drive ad spend and improve functionality across many expansion channels. “
eBay Inc. EBAY announced in October the launch of the Cross-Border Parcel Shipping Solution or “CPaSS”, a new cross-border parcel shipping integration platform that lately covers 8 markets, adding Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam in the Asia Pacific Region, allowing merchants to choose from multiple shipping logistics answers on a single platform. The platform simplifies the order onboarding and control process for merchants, giving them more flexibility to process orders from other accounts at the same time while gaining better working power. With the immediate expansion of cross-border e-commerce in recent years, merchants are increasingly looking for tactics for order fulfillment powerhouse and handling growing visitor demands. In addition, logistics costs have skyrocketed. due to pandemic-induced disruptions in the global supply chain, making the need for more effective delivery platforms even more urgent
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