Pharmapacks Bankruptcy Highlights Ecommerce Risks for Small Sellers

Pharmapacks Bankruptcy Highlights Ecommerce Risks for Small Sellers

The bankruptcy of Amazon giant Pharmapacks serves as a warning. Key contributing factors include financial, operational, supply chain, and management issues. Small and medium-sized sellers should focus on refined operations and diversified development strategies to mitigate risks and ensure long-term sustainability in the competitive e-commerce landscape. This emphasizes the importance of robust financial planning, efficient supply chain management, and adaptable strategies for navigating the challenges of selling on Amazon.

12/30/2025 Logistics Industry Insights
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Globalegrow Founder Probed As Crossborder Ecommerce Faces Debt Crisis

Globalegrow Founder Probed As Crossborder Ecommerce Faces Debt Crisis

Globalegrow's founder, Xu Jiadong, is under investigation, reportedly due to economic disputes with the company's actual controller, Yang Jianxin. This has drawn attention from suppliers, some of whom claim Globalegrow owes them money and have encountered unclear accounting practices. The investigation is ongoing, and further developments are awaited. The situation highlights potential financial challenges within the cross-border e-commerce company and raises concerns about its relationships with its suppliers and internal financial management.

01/05/2026 Logistics Industry Insights
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HSBC Hong Kong Enhances Crossborder Payments Via FPS

HSBC Hong Kong Enhances Crossborder Payments Via FPS

This article provides a detailed explanation of HSBC Hong Kong's 'FPS' (Faster Payment System) function, covering operations such as transfers, QR code payment/collection, and in-app payments. It aims to help you navigate cross-border payments and enjoy efficient and convenient financial services. Learn how to utilize FPS for seamless transactions and explore the various features offered by HSBC Hong Kong to simplify your financial interactions, especially when dealing with international payments and transfers.

01/05/2026 International Settlement
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Shippers Face Rising Container Repair Costs Mitigation Tips

Shippers Face Rising Container Repair Costs Mitigation Tips

This article highlights the importance of purchasing the "Container Unlimited Guarantee" service, aiming to help cargo owners avoid the risk of excessive repair costs due to container damage. It is recommended to purchase this service when booking ocean freight, and no later than 10 days before the estimated arrival date, to ensure full cargo protection and avoid additional financial losses. This guarantee mitigates risks associated with container damage during transit, offering peace of mind and financial security to shippers.

09/28/2025 Logistics Encyclopedia
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Guide to Secure International Transfers Using Croatian SWIFT Codes

Guide to Secure International Transfers Using Croatian SWIFT Codes

This article provides a comprehensive guide to finding SWIFT/BIC codes in Croatia. It aims to assist users in accurately locating and verifying Croatian bank SWIFT/BIC codes, preventing potential delays, returns, or financial losses in international remittances. The article details the importance of SWIFT/BIC codes, methods for finding them, common issues, and verification techniques. It serves as a practical reference for cross-border financial transactions, ensuring smooth and secure transfers to and from Croatia.

09/01/2025 International Settlement
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