20240430 Cross-border Morning post

01 Since 2018, the number of Amazon sellers has surged by nearly 5 million, making it the preferred e-commerce platform for sellers.

02 During the 2023 holiday season, Amazon’s sales reached $209 billion, while Walmart’s were $141 billion.

03 TikTok released its EU content review report: More than 3 million accounts were banned in Q4 of 2023.

04 Amazon Australia plans to recruit 1,400 seasonal employees to cope with the Prime Day promotion in July.

05 To counter the onslaught of e-commerce platforms such as AliExpress and Temu, Gmarket will invest 100 billion Korean won in its May promotion.

06 Rakuma has launched a dedicated website, Rakuma Brand Mall, to provide users with popular Rakuma brand products.

07 The size of the Thai e-commerce market is expected to reach $18.8 billion in 2024.

08 Social media platform Snapchat’s revenue in Q1 of 2024 was $1.195 billion, an increase of 21% year-on-year.

09 Shopee Mall has introduced a new refund policy. If the purchased product is proven to be counterfeit, Shopee Mall will provide the buyer with a refund of three times the purchase amount.

10 Kogan’s financials for the third quarter of fiscal 2024 show a total sales decline of 6.2%, a gross profit increase of 13.8%, reaching $39 million.