Banggood Implements Layoffs Pay Cuts Amid Financial Struggles

Banggood Implements Layoffs Pay Cuts Amid Financial Struggles

Guangzhou's major cross-border e-commerce seller, Banggood, recently faced a "bankruptcy" rumor, which the company denied. However, layoffs and salary reductions have triggered strong dissatisfaction among employees. Issues like performance reforms, welfare cuts, and disguised layoffs reveal the difficulties and challenges faced by the cross-border e-commerce industry during its transformation. This situation raises profound reflections on corporate social responsibility and the protection of employee rights within the industry.

01/06/2026 Logistics Industry Insights
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Coupang Simplifies Onboarding for Chinese Sellers Drops Translation Rules

Coupang Simplifies Onboarding for Chinese Sellers Drops Translation Rules

Significant upgrade for Coupang seller onboarding! The requirement for English translations is removed, greatly lowering the barrier for Chinese sellers. This article details the latest required documents for onboarding, including company business license, legal representative ID, bank account proof, mobile phone bill, and settlement statements from other e-commerce platforms. We also provide screenshot paths for settlement statements from various platforms, helping sellers quickly enter the Korean e-commerce market.

01/06/2026 Logistics
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Best Buy Overhauls Omnichannel Strategy to Boost Distribution

Best Buy Overhauls Omnichannel Strategy to Boost Distribution

Best Buy is actively transforming to adapt to the new normal of omnichannel retail by optimizing its delivery network, reducing reliance on store fulfillment, and expanding online service capabilities. This move aims to improve operational efficiency, enhance customer experience, and address the challenges of weak demand in the electronics market. The company also needs to pay attention to competitor strategies and the macroeconomic environment to ensure long-term competitiveness.

01/16/2026 Logistics
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Roborock Reports Profit Decline Amid Global Expansion Plans Recovery

Roborock Reports Profit Decline Amid Global Expansion Plans Recovery

Roborock's profit decline is not accidental but a temporary challenge under its global expansion strategy. The company aims to significantly improve profitability by increasing the proportion of high-margin products, optimizing the supply chain, and strengthening technological innovation. Currently, Roborock maintains the leading global market share, with overseas revenue exceeding half of its total revenue. The related work for its Hong Kong stock listing is progressing in an orderly manner.

01/21/2026 Logistics Industry Insights
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Uber Freight Expands in Europe Boosting Managed Transport Sector

Uber Freight Expands in Europe Boosting Managed Transport Sector

Uber Freight's European operations are experiencing rapid growth, surpassing €200 million in freight volume and projecting to reach €2 billion by 2028. Driven by technology, Uber Freight empowers customers to optimize their supply chains and gain a competitive edge in the European logistics market. The company focuses on leveraging its platform to improve efficiency, transparency, and reliability for shippers and carriers alike, ultimately revolutionizing the way goods move across Europe.

01/21/2026 Logistics Industry Insights
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SEKO Logistics Expands Ecommerce Reach with Omnichannel Buy

SEKO Logistics Expands Ecommerce Reach with Omnichannel Buy

SEKO Logistics has acquired a majority stake in Omni-Channel Logistics, strengthening its e-commerce and technology service offerings. This acquisition solidifies SEKO's leading position in cross-border e-commerce logistics, enabling the company to provide more comprehensive and integrated solutions to its customers. The move aims to enhance SEKO's capabilities in fulfilling the growing demands of the global e-commerce market and further expand its reach in key international markets.

01/21/2026 Logistics
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Fedex CEO Frederick Smith Steps Down Raj Subramaniam to Succeed

Fedex CEO Frederick Smith Steps Down Raj Subramaniam to Succeed

FedEx announced a leadership transition, with founder Fred Smith stepping down as CEO and assuming the role of Executive Chairman. Raj Subramaniam will succeed him as CEO. Smith reflected on FedEx's 50-year history and expressed confidence in Subramaniam's capabilities. Subramaniam stated his commitment to upholding FedEx's core values and leading the company to a brighter future. This leadership change marks the beginning of a new development phase for FedEx.

01/21/2026 Logistics
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Tirwin Expands Aviation Support Services in Asiapacific

Tirwin Expands Aviation Support Services in Asiapacific

Tirwin Management Services (P) Ltd. is an air transport support services provider based in Chennai, India, with operations spanning the Asia-Pacific region. As a member of the International Air Transport Association (IATA), the company offers general and air transport services (ATS). Tirwin is dedicated to providing professional and reliable support services to the aviation industry, focusing on delivering efficient and effective solutions to meet the evolving needs of its clients.

01/20/2026 Airlines
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Old Dominion Freight Posts Strong Q4 on Market Share Growth

Old Dominion Freight Posts Strong Q4 on Market Share Growth

Old Dominion Freight Line reported strong Q4 performance, with revenue increasing nearly 30%. This growth was driven by increases in both daily LTL tonnage and LTL revenue per hundredweight. The company continues to gain market share through superior service and network coverage. Old Dominion is also actively investing in future development to address industry challenges and capitalize on opportunities, positioning itself for continued success in the LTL freight market.

01/19/2026 Logistics
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Bed Bath Beyond Overhauls Supply Chain with Simplified Strategy

Bed Bath Beyond Overhauls Supply Chain with Simplified Strategy

Bed Bath & Beyond is undergoing a supply chain innovation initiative to create an efficient, flexible, and reliable supply chain by streamlining its distribution network, outsourcing fulfillment centers, and implementing control tower technology. The company is investing $250 million to revamp its supply chain in response to rising logistics costs and market uncertainties. The aim is to achieve sustainable growth and reshape its retail competitiveness through improved supply chain performance and agility.

01/19/2026 Logistics
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