20241104Morning Post

1. On November 1, Amazon US issued an announcement to update the rules for using discount coupons, allowing customers to use discount coupons for up to five items in each order.

2. On October 31, Amazon announced its Q3 2024 financial results. As of September 30, Amazon's third-quarter revenue increased by 11% to US$158.9 billion.

3. A study report on British holiday shoppers showed that Amazon has become the main online platform for British holiday shoppers, with 52% of consumers planning to shop on Amazon, surpassing Google.

4. Temu's semi-hosting model is about to usher in a series of major adjustments at the organizational level, mainly involving investment, organization and staffing.

5. On October 31, CPSC announced the recall of Vevor baby gate bars sold on eBay and other platforms because of the risk of pinching.

6. On October 31, according to foreign media reports, the European Commission announced that it had initiated a formal investigation procedure against Temu under the Digital Services Act (DSA).

7. Thailand's e-commerce market is expected to reach 1.1 trillion baht in revenue by the end of 2024, a year-on-year increase of 14%. Among them, Shopee is the most popular platform.

8. According to foreign media reports, Wayfair will close its Florence return center and direct sales store in Kentucky, USA, by the end of 2025.

9. AliExpress announced that the 17th "Alibaba Global Shopping Festival" will be held in the United States from November 11 to November 18. This is the first time that the concept of the Double Eleven Shopping Festival has been introduced to the West.

10. Shipping giant Maersk announced its third-quarter financial results for 2024. The report shows that Maersk's revenue in the third quarter was US$15.76 billion, a year-on-year increase of 30%.