Auto & Transportation

With the help of cross-border e-commerce exporting to overseas warehouses, Zhejiang Tepsen Technology Co., Ltd. exported more than 100 million yuan of outdoor camping supplies in the first half of the year. The goods are stocked in the company's self-built overseas warehouse, and overseas consumers can receive the goods within two to three days after placing an order. In the opinion of Huang Yuan, manager of Tepsen Technology's logistics department, better cross-border logistics efficiency and shopping experience are constantly strengthening the company's market competitiveness.

With the intensification of competition, the demand for lean and coordinated development of foreign trade enterprises is even stronger. Fast customs clearance, fast local distribution, fast sales turnover, low international logistics costs... The advantages of overseas warehouses have been recognized by more and more cross-border e-commerce sellers. Especially under the influence of the new crown pneumonia epidemic, more cross-border e-commerce sellers choose the overseas warehouse mode for export to stabilize the international supply chain and reduce international logistics costs.

The greater the demand, the greater the market. Many companies have accelerated the pace of overseas warehouse business expansion and are actively seeking diversified financing support.

In order to further develop the European cross-border e-commerce market, Shenzhen Xingshang E-Commerce Co., Ltd. plans to build its own overseas warehouse in Poland. On June 30, China Credit Insurance provided about 33.64 million euros of medium and long-term export buyer's credit insurance support for the project. This is also the first overseas warehouse business supported by Sinosure's first medium and long-term export credit insurance. It is understood that after the completion of the Polish project, the total volume of the overseas warehouses of Xingshang Electronics will reach 50,000 cubic meters. With the intelligent information management system and unmanned operation system, the average daily operating order volume can reach up to 20,000 orders. Effectively alleviate the logistics pressure of orders in peak seasons, while improving logistics efficiency and reducing costs, it also greatly enhances the international competitiveness of enterprises' cross-border e-commerce business.

In addition to the role of policy-based export credit insurance, listing financing is also an important channel for enterprises to obtain development funds.

On July 9, “Dajian Yuncang”, a B2B trading platform for cross-border export of bulky commodities, submitted a listing prospectus to the US SEC and planned to list on Nasdaq. As a global large-scale package commodity end-to-end B2B e-commerce solution provider, Dajian Cloud Warehouse provides services to more than 4,000 suppliers and retailers around the world based on its self-developed and operated logistics system and warehousing network. According to the prospectus, Dajian Cloud Warehouse currently has 21 large warehouses in North America, Europe and Asia, with a total storage area of more than 4 million square feet, and has established cooperation with major shipping, trucking and freight service providers. The number of active third-party sellers on the Dajian cloud warehouse platform increased from 210 in 2020 to 410 by the end of the first quarter of 2022.

Zhang Zhouping, director and senior analyst of the B2B and Cross-border E-commerce Department of the E-commerce Research Center of Netease, said that in recent years, cross-border e-commerce exports have been booming, and currently they are mainly small commodities such as 3C, clothing, shoes and hats . With the development and layout of overseas warehouses, more large-scale commodities have also begun to go overseas through cross-border e-commerce. Dajian Yuncang is betting on the export of cross-border e-commerce B2B, and it focuses on the sub-segment of large-scale commodities. Its professional management capabilities in large-scale categories are outstanding, and its market layout has a first-mover advantage.

Zhang Zhouping said that at present, China's cross-border e-commerce is still dominated by B2B, and the transaction scale accounts for nearly 80%. The cross-border e-commerce B2B export track has been in the information service stage for a long time. With the opening of the payment and transaction links, and affected by events such as "shop closures", more companies have conducted multiple transactions through the "2C+2B" full link. Platform, multi-channel and multi-market layout, cross-border e-commerce B2B and other digital new foreign trade platforms will enter a period of rapid development.