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The progress of the annual report preparation and audit work of Zeshang Technology has not met expectations.
Zeshang Technology announced that the progress of annual report preparation and audit work has not met expectations, and the annual report disclosure cannot be completed before April 30, 2024 or April 30, 2024. The company's stock will be suspended from trading starting from May 6, 2024. What other major events have occurred in cross-border e-commerce this week? Let's take a look together with Hugo Cross border. Follow the Shenzhen CCEE Hugo Cross border Exhibition on May 11th, a grand event for tens of thousands of people in the cross-border e-commerce industry after the holiday, with over 50 industry bestsellers and over 200 platform managers. Click here to register!
01
Zeshang Technology's stock has been forced to suspend trading
Zeshang Technology announced that the progress of annual report preparation and audit work has not met expectations, and the annual report disclosure cannot be completed before April 30, 2024 or April 30, 2024. The company's stock will be suspended from trading starting from May 6, 2024.
Zeshang Technology stated that if the company fails to disclose its 2023 annual report by June 30, 2024, there is a risk that its stocks will be forcibly delisted by the National Equities Exchange Corporation. If the listing is terminated, the company will actively negotiate specific protection measures with investors, and maximize the protection of investor rights within the company's existing capabilities. Investors are advised to pay attention to investment risks.
According to the data, Wuxi Zeshang Technology Co., Ltd. was established in 2009, headquartered in Wuxi, and went public in 2015. Zeshang Technology's main business is clothing trade and cross-border e-commerce operations, mainly through its subsidiary Nanjing Kuaiyue's cross-border e-commerce platform CHOIES to achieve cross-border women's clothing retail business. According to the 2023 semi annual report disclosed by Zeshang Technology, the net profit attributable to shareholders of the listed company in the first half of 2023 was -2755980.64 yuan, which turned from profit to loss compared to the same period last year.
02
Shopee launches a new return policy
Recently, Shopee Mall launched a new return policy: if consumers receive counterfeit products, they can receive compensation equivalent to three times the purchase amount. At the same time, it has extended the time limit for returns and refunds. From the date of receipt, consumers have 15 days to initiate returns, which is twice the previous deadline.
Shopee Mall's new policy has also extended to delivery: the platform's guaranteed delivery plan ensures that orders will not be cancelled, and orders cancelled in special circumstances can receive compensation vouchers. In addition, orders that exceed the expected delivery time can also receive coupon compensation, greatly improving the shopping experience for consumers.
03
EBay's Q1 revenue was $2.556 billion
EBay released its financial report for the first quarter of the 2024 fiscal year, with a net revenue of $2.556 billion, a year-on-year increase of 2%, excluding the impact of exchange rate fluctuations; The net profit from continuing operations was 439 million US dollars, a year-on-year decrease of 23%; Not in accordance with US GAAP, eBay's net profit from ongoing operations in the first quarter was $648 million, a year-on-year increase of 8%.
In the first quarter, eBay had 132 million active buyers, a 1% decrease from 133 million in the same period last year. Excluding GittiGidiyor and TCGplayer platforms, eBay has 131 million active buyers, which is the same as 131 million in the same period last year.
04
The growth rate of the Philippine e-commerce market is as high as 18.5%
Recently, technical personnel from the Philippine Bureau of Statistics (PSA) released a data report on the digital economy of the Philippines in 2023 after pilot research. The report points out that in the past year, the scale of e-commerce in the Philippines has reached 286.67 billion pesos, accounting for 14% of the total digital economy and an increase of 18.5% compared to the same period last year.
It is worth mentioning that the development of e-commerce has also driven an increase in the employment rate in the Philippines. According to relevant data, in 2023, the number of digital economy employees in the Philippines was 9.68 million, with the e-commerce industry having the highest employment rate of 8.45 million, accounting for 87.3% of the total digital economy employment, far exceeding the second ranked digital infrastructure industry (11.5%).
05
Amazon's first quarter net sales amounted to $143.3 billion
Amazon has released its financial results for the first quarter ended March 31, 2024. The financial report shows that Amazon's net sales increased by 13% to $143.3 billion in the first quarter of 2024. The sales of the North American division increased by 12% year-on-year to $86.3 billion, while the international business sales increased by 10% year-on-year to $31.9 billion. Amazon's core business AWS achieved a net sales revenue of $25 billion in the first quarter, a year-on-year increase of 17%, restoring growth. The 12% growth rate in the third quarter of last year was the lowest growth rate for Amazon's cloud computing business since 2014.
Amazon's net profit for the first quarter was $10.4 billion, while its net profit for the fourth quarter of 2022 was $3.2 billion.
Net income increased to $10.4 billion, or $0.98 per diluted share, which far exceeded Wall Street analysts' expectations of $0.84 per share. In the first quarter of 2023, it was $3.2 billion, or $0.31 per diluted share; In the past 12 months, operating cash flow has increased by 82% to $99.1 billion, while for the 12 months ended March 31, 2023, operating cash flow was $54.3 billion.
06
The Savi era will gradually strengthen investment in the European region
In recent investor relations activities, Savi Times revealed that it will gradually increase its investment in the European region in 2024.
Saiwei Times stated that in terms of regional selection, it mainly focuses on the consumption power level and potential of the region, so in the short term, it will still focus on regions with higher overall consumption levels such as Europe and America
Countries and regions are more suitable for the current development of the company's branded business.
In the past, the lack of significant revenue growth in the European region was due to the fluctuations in the political and economic environment in Europe, which led to the proactive contraction of the European business by the Savi era. As a major clothing seller, the Amazon platform is also assisting it in better expanding its business in Europe. In 2024, Savi Era will gradually strengthen its investment in the European region. Saiwei Times stated that in Q1 2024, the European region has reversed last year's downward trend and returned to positive growth.
07
Wayfair's net revenue in Q1 2024 reached $2.7 billion
Wayfair recently released its financial results for the first quarter ending March 31, 2024. Data shows that in the first quarter of 2024, the company's total net revenue was 2.7 billion US dollars, a year-on-year decrease of 45 million US dollars, a year-on-year decrease of 1.6%; The net revenue of the United States was 2.4 billion US dollars, a decrease of 24 million US dollars year-on-year, a decrease of 1.0% year-on-year; International net income was 338 million US dollars, a year-on-year decrease of 21 million US dollars, a year-on-year decrease of 5.8%. The growth rate of international net income calculated at a fixed exchange rate was 7.5%; The gross profit was 819 million US dollars, accounting for 30.0% of the total net income.
The net loss was $248 million, and the non GAAP adjusted EBITDA was $75 million; Diluted loss per share is $2.06, and non GAAP adjusted diluted loss per share is $0.32; Net cash used for operating activities was $139 million, and non GAAP free cash flow was $193 million; The total amount of cash, cash equivalents, and short-term investments is 1.2 billion US dollars, and the total amount of working capital is 1.7 billion US dollars, including available funds under revolving credit arrangements.
08
Etsy's Q1 2024 sales reached $3 billion
Etsy recently released its financial results for the first quarter ending March 31, 2024. Data shows that in the first quarter of 2024, the company's total sales revenue (GMS) was $3 billion, a year-on-year decrease of 3.7% and a 4.1% decrease on a currency neutral basis; The unfavorable factors faced by the integrated GMS include: the still challenging macroeconomic environment affecting consumer spending on non essential products, and the small resistance brought about by the divestment of Elo7 last year.
Etsy's market sales were $2.6 billion, a year-on-year decrease of 5.3% and a decrease of 5.6% on a currency neutral basis. Among them, GiftModeTM, as an important component of promoting Etsy's awareness as a gift giving destination, has made a solid start; The GMS growth of Etsy's online "gift" business was relatively low year-on-year, with a single digit growth rate, exceeding the overall growth of the Etsy market and also surpassing some of its "pure gaming" online gift business peers in the United States.
09
Jiangsu Shuntian: Actively Developing the "Cross border E-commerce+Industry" Model
Jiangsu Shuntian's 2023 annual report and 2024 first quarter report have been released successively. Data shows that Jiangsu Shuntian achieved a revenue of 3.404 billion yuan and a net profit attributable to the parent company of 70.9511 million yuan in 2023, a year-on-year increase of 18.22%; In the first quarter of 2024, the company's revenue was 798 million yuan, with a net profit of 17.1922 million yuan deducted, a year-on-year increase of 101.61%.
For 2024, Jiangsu Shuntian stated that it will further enhance its competitive advantage in the clothing business and continue to promote the steady development of its characteristic businesses. At the same time, embracing new formats and models, using cross-border e-commerce as a starting point, expanding sales channels, creating a flexible supply chain with factor aggregation and rapid response, actively developing the "cross-border e-commerce+industry" model, and cultivating and strengthening new business growth points. And relying on the advantages of our main products, we will strengthen the construction and operation of independent cross-border e-commerce stations, create online sales platforms and image display centers, and drive the export of clothing products.
ten
Eastern Airlines Logistics Q1 revenue increased by 14% year-on-year
China Eastern Airlines Logistics Co., Ltd. issues a regular report: The first quarter report shows that as of the first quarter of 2024, the company achieved a total sales revenue of 5.221 billion yuan, a cumulative year-on-year increase of 14.23%.
During the reporting period, despite a slight decline in air freight rates compared to the same period last year and a decrease of 1 available full cargo rack compared to the same period last year, the company achieved a revenue of 5.224 billion yuan, a year-on-year increase of 14.17%, thanks to the rapid growth of comprehensive logistics solutions business. Among them, the main business revenue was 5.221 billion yuan, a year-on-year increase of 14.23%; Affected by the year-on-year decline in air freight rates, the comprehensive gross profit margin of the main business was 15.81%, a decrease of 9.80 percentage points year-on-year.
(Text/Hugo Cross border Cover/Image Worm Creative)
(Source: Hugo Cross border Editing Department)
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择尚科技发布公告称,年报编制工作及审计工作的进展未达预期,无法于2024年4月30日前或2024年4月30日完成年报披露,公司股票自2024年5月6日起停牌。本周跨境电商还有哪些大事件发生,和雨果跨境一起看下。关注5月11日深圳CCEE雨果跨境展,节后跨境电商行业的一次万人盛会,50+行业大卖、200+平台经理→点击此处报名!
01
择尚科技股票被强制停牌
择尚科技发布公告称,年报编制工作及审计工作的进展未达预期,无法于2024年4月30日前或2024年4月30日完成年报披露,公司股票自2024年5月6日起停牌。
择尚科技表示,如公司未能在2024年6月30日前披露2023年年度报告,公司股票将存在被全国股转公司强制终止挂牌的风险。如被终止挂牌,公司将积极与投资者协商具体保护措施,在公司现有能力范围内最大化保护投资者权益,敬请广大投资者注意投资风险。
资料显示,无锡择尚科技股份有限公司成立于2009年,总部位于无锡,2015年上市。择尚科技主营业务为服装贸易和跨境电商运营,主要通过子公司南京快悦运营跨境电商平台CHOIES实现跨境女装零售业务。择尚科技披露的2023年半年度报告显示,2023年上半年归属于挂牌公司股东的净利润-2755980.64元,较上年同期由盈转亏。
02
Shopee推出退货新政
最近,Shopee Mall品牌商城推出了一项退货新政策:如果消费者收到假冒产品,那么可以获得相当于购买金额3倍的赔偿。同时其延长了退货退款时效,自收货之日起,消费者有15天的时间发起退货,是之前期限的2倍。
Shopee Mall的新政策还延伸到了送货上:平台的保证交付计划可以确保订单不会被取消,在特殊情况下被取消的订单可以收到补偿券。此外,超出预计交货时间的订单也能获得优惠券补偿,大大提升了消费者的购物体验。
03
eBay一季度营收25.56亿美元
eBay发布了2024财年第一季度财报:净营收为25.56亿美元,同比增长2%,不计入汇率变动的影响同样为同比增长2%;来自于持续运营业务的净利润为4.39亿美元,同比下降23%;不按照美国通用会计准则,eBay第一季度来自于持续运营业务的净利润为6.48亿美元,同比增长8%。
在第一季度,eBay的活跃买家人数为1.32亿人,与去年同期的1.33亿人相比下降1%。除去GittiGidiyor和TCGplayer平台,eBay的活跃买家人数为1.31亿人,与去年同期的1.31亿人相比持平。
04
菲律宾电商市场增速高达18.5%
近日,菲律宾统计局(PSA)技术人员经过试点研究后,发布了有关2023年菲律宾数字经济的数据报告。报告指出,过去一年中,菲律宾电子商务规模达到了2866.7亿比索,占数字经济总值的14%,与去年同期相比增长18.5%。
值得一提的是,电子商务的发展还带动菲律宾就业率的提升。相关数据显示,2023年,菲律宾数字经济从业人员为968万人,其中电子商务行业的就业人数最多,为845万人,占数字经济就业总人数的87.3%,远远超出第二名的数字化基础设施行业(占比11.5%)。
05
亚马逊一季度净销售额1433亿美元
亚马逊公布了截至2024年3月31日的第一季度财务业绩。财报显示,2024年第一季度亚马逊净销售额增长13%至1433亿美元。其中北美分部销售额同比增长12%至863亿美元,国际业务销售额同比增长10%至319亿美元。亚马逊的核心业务AWS在第一季度实现了250亿美元的净销售额,同比增长17%,恢复了增速,去年第三季度12%的增速是亚马逊云计算业务自2014年以来的最低增速。
亚马逊第一季度净利润为104亿美元,而2022年第四季度净利润为32亿美元。
净收益增长至104亿美元,即摊薄后每股0.98美元,这一数字远超华尔街分析师预期的每股0.84美元,而2023年第一季度为32亿美元,摊薄后每股0.31美元;在过去的12个月里,运营现金流增长了82%,达到991亿美元,而截至2023年3月31日的12个月里,运营现金流为543亿美元。
06
赛维时代将逐步加强对欧洲区域的投入
在近期的投资者关系活动中,赛维时代披露,2024年会逐步加强对于欧洲区域的投入。
赛维时代称,在区域选择方面,主要关注区域的消费力水平和潜力,因此短期内仍会重点关注欧美等整体消费水平较高的
国家和地区,更适合公司现阶段品牌化业务的发展。
过去欧洲区域收入增长不明显,是因为考虑到欧洲政治和经济环境的波动,赛维时代主动对欧洲业务进行了收缩。作为服装大卖,亚马逊平台也在协助其更好的开拓欧洲业务,2024年赛维时代会逐步加强对于欧洲区域的投入。赛维时代表示,2024Q1欧洲区域已扭转了去年的下跌趋势,恢复至正增长。
07
Wayfair2024年一季度净收入达27亿美元
Wayfair近日公布了截至2024年3月31日的第一季度财务业绩。数据显示,2024年第一季度,该公司总净收入为27亿美元,同比减少4500万美元,同比下降1.6%;美国净营收为24亿美元,同比减少2400万美元,同比下降1.0%;国际净收入3.38亿美元,同比减少2100万美元,同比下降5.8%,按固定汇率计算的国际净收入增长率为7.5%;毛利润为8.19亿美元,占总净收入的30.0%。
净亏损为2.48亿美元,非公认会计准则调整后的EBITDA为7500万美元;摊薄后每股亏损为2.06美元,非公认会计准则调整后摊薄后每股亏损为0.32美元;用于经营活动的净现金为1.39亿美元,非公认会计准则自由现金流为1.93亿美元;现金、现金等价物和短期投资总额为12亿美元,流动资金总额为17亿美元,包括循环信贷安排下的可用资金。
08
Etsy2024年一季度销售额达30亿美元
Etsy近日公布了截至2024年3月31日的第一季度财务业绩。数据显示,2024年第一季度,该公司的总销售额(GMS)为30亿美元,同比下降3.7%,在货币中性基础上下降4.1%;整合后的GMS面临的不利因素包括:仍然具有挑战性的宏观经济环境影响了消费者的非必需产品支出,以及去年剥离Elo7带来的小阻力。
Etsy市场销售额为26亿美元,同比下降5.3%,在货币中性的基础上下降5.6%:其中,GiftModeTM作为推动Etsy作为送礼目的地的意识的一个重要组成部分,已经有了一个坚实的开端;Etsy全网“礼品”业务GMS同比增长较低,增幅为个位数,超过了Etsy市场的整体增长,也超过了美国一些“纯游戏”在线礼品业务的同行。
09
江苏舜天:积极发展“跨境电商+产业”模式
江苏舜天2023年年报及2024年一季报相继出炉。数据显示,江苏舜天2023年实现营业收入34.04亿元,归母净利润为7,095.11万元,同比增长18.22%;2024年一季度,公司营收为7.98亿元,扣非净利润为1,719.22万元,同比增长101.61%。
对于2024年,江苏舜天表示,将进一步提升服装业务竞争优势,持续推动特色业务稳健发展。同时拥抱新业态新模式,以跨境电商为抓手,拓展销售渠道,打造要素集聚、反应快速的柔性供应链,积极发展“跨境电商+产业”模式,培育壮大新的业务增长点。并依托主业产品优势,加强跨境电商独立站建设和运营,打造线上销售平台和形象展示中心,带动服装产品出口。
10
东航物流Q1营收同比增长14%
东方航空物流股份有限公司发布定期报告:第一季报显示,截至2024年一季度,公司实现产品合计销售收入,2024年一季度累计52.21亿元,累计同比增长14.23%。
报告期内,在空运运价较去年同期有所下滑且可用全货机架数同比减少1架的情况下,得益于综合物流解决方案业务的快速增长,公司实现营业收入52.24亿元,同比增长14.17%,其中主营业务收入52.21亿元,同比增长14.23%;受空运运价同比下滑影响,主营业务的综合毛利率15.81%,同比下降9.80个百分点。
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