![]() Amazon says it shares enforcement actions directly with selling accounts. Inside WeChat groups where hundreds of sellers normally exchange business strategies, anxiety is rife and the consensus is that the targeted sellers have “crossed the line” in conducting questionable platform practices. In total, the suspended accounts contribute over a billion dollars in gross merchandise value (GMV) to Amazon, said Kaziukenas.Īmazon didn’t comment on the status of the suspended accounts, but said in a statement for TechCrunch that it has “long-standing policies to protect the integrity of our store, including product authenticity, genuine reviews and products meeting the expectations of our customers.”Īmazon’s over-the-top business, including IMDb TV and Twitch, tops 120M monthly viewersĬhinese e-commerce exporters were startled by the incident. TechCrunch has reached out to Mpower and Aukey, whose Amazon stores are gone and were two of the most successful brands native to the American marketplace. Several accounts belong to the same parent firms, as it’s normal for big sellers, those with more than a million dollars in annual sales, to operate multiple brands on Amazon to optimize sales. At least eleven accounts that originate from Greater China were suspended, according to Juozas Kaziukenas, founder of Marketplace Pulse. ![]() Businesses are enchanted by the tale that a swathe of the priciest property in Shenzhen, an expensive city known for its tech and manufacturing, is now owned by people who made a fortune from e-commerce export.īut the get-rich-quick optimism among the cross-border community came to a halt when several top Chinese sellers disappeared from Amazon over the past few days. ![]() Traditional exporters are turning to e-commerce, cutting out excessive distributors. The boom is in part a result of intense domestic competition in China’s online retail world, which forces merchants to seek new markets. Analysts have estimated that the share of Chinese merchants represented 75% of Amazon’s new sellers in January, up from 47% the year before, according to Marketplace Pulse, an e-commerce research firm.Ĭhinese sellers are swarming not just Amazon but also eBay, Wish, Shopee and Alibaba’s AliExpress. If you ever bought power banks, water bottles, toys or other daily goods on Amazon, the chances are your suppliers are from China.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |