20240518 Cross-border Morning post

20240518 Cross-border Morning post

01 The latest TOP100 seller list for Amazon, eBay, and Etsy platforms has been released! 

02 The Department of Consumer Affairs in India has reached a consensus with representatives from platforms such as Amazon, Google, Meta, and Flipkart on the proposal for consumer review quality standards. 

03 More and more consumers are buying auto parts from third-party online platforms such as Amazon and eBay, leading to a decline in sales for traditional retailers in this category. 

04 eBay has launched a new resale feature “resell on eBay” for clothing products. 

05 TikTok has now launched a targeted merchant recruitment program at five sites in Europe. This program is aimed at merchants with local supply, local warehouses, VAT qualifications, local turnover reaching 1 million, and a local business license. 

06 Consumer protection organizations across the EU have filed complaints against Temu, accusing it of a series of violations of the EU Digital Services Act. 

07 The CPSC has announced a recall of children's robes sold exclusively on Amazon by SIORO due to the risk of burns. 

08 The second-hand trading platform Mercari has announced the cancellation of its no-reason return policy on its US site. 

09 OpenAI has officially launched the latest version of GPT-4, GPT-4o, and announced that GPT-4o will be free for all users. 

10 Veste, a high-end clothing company in Brazil, had a total revenue of 312.6 million Brazilian Reais in Q1 2024, a decrease of 2.7% compared to the same period last year.

Bradley J Koch

Founder/Owner @ 4sight Coaching | Business Coaching | Business Strategy | Executive Coaching, Strategy | Leadership Development | Author | Public Speaker

5mo

Hey there. I'm here to chat. What industry trends are catching your eye lately? Feel free to share

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