Daily Cross-Border E-Commerce Briefing | May 23, 2025
1. Arvato Opens New Logistics Center in Istanbul to Support E-Commerce Growth
- Arvato has opened a new logistics center in Istanbul, covering 31,000 square meters. The facility aims to support e-commerce operations by providing flexible, late cut-off times and excellent access to major logistics hubs, enhancing delivery efficiency in the region.
Source: Arvato, Published on: May 22, 2025
2. Flexport Reports on Global Logistics Update: Feeder Vessels Excluded from Tariff Exceptions
- Flexport's latest logistics update reveals that the U.S. Customs and Border Protection (CBP) has excluded feeder vessels from reciprocal tariff exceptions, impacting shipping costs and delivery times. Additionally, Transpacific Eastbound (TPEB) capacity has shown improvement, indicating potential cost adjustments for merchants.
Source: Flexport, Published on: May 22, 2025
3. ITS Logistics Reports Record Carrier Exits Amid Tariff Volatility
- ITS Logistics' May Supply Chain Report highlights a 12-month high in carrier exits, driven by ongoing freight market downturns and tariff uncertainties. This trend underscores the need for independent sellers to reassess their logistics strategies and consider diversifying shipping partners.
Source: GLOBE NEWSWIRE, Published on: May 22, 2025
4. Ashita Group Secures $155M to Expand E-Commerce and Social Commerce
- Ashita Group has secured up to $155 million in growth capital from CPFam-LDA Asia Growth Fund and AEI Capital Group. The funding aims to fuel the company's expansion in regional e-commerce and social commerce sectors, indicating a growing market opportunity in Southeast Asia.
Source: The Malaysian Reserve, Published on: May 22, 2025
5. Allegro Focuses on Local Offerings to Compete with Asian E-Commerce Platforms
- Polish e-commerce platform Allegro is emphasizing local offerings to differentiate itself from Asian competitors like Temu. The company has removed listings with long shipping times from East Asia to enhance customer satisfaction and reduce delivery delays.
Source: Reuters, Published on: May 22, 2025
6. Google Enhances Shopping Experience with AI Mode and Virtual Try-On
- Google has introduced an AI Mode for shopping, assisting users in finding inspiration and making purchasing decisions. Additionally, the virtual try-on tool now allows users to upload their own photos, enhancing the online shopping experience.
Source: CB Commerce, Published on: May 22, 2025
7. Vantage Bank Explores Stablecoin for International Payments
- Vantage Bank is developing its stablecoin infrastructure, focusing on international payments. The bank aims to leverage stablecoins to facilitate faster and more efficient cross-border transactions.
Source: Bank Automation News, Published on: May 22, 2025