Temu becomes the most searched word of the year in the UK, with a 2850% increase in searches
Google Trends has released the most popular search terms that British people are interested in in 2023. The most eye-catching one is Temu. Data shows that as of December 21, the search volume of Temu has increased by 2850% compared with last year, and the search volume increase is even higher than ChatGPT (2700%), which has been very popular this year. According to foreign media reports, Temu has now become the most downloaded shopping application in the UK market, with an estimated user base of 9 million.
KYC payment review appears on multiple Amazon sites
Some sellers on the Japanese site have received a “KYC review” notification. According to the prompt, this is because the seller’s bank account is awaiting a “Know Your Customer (KYC)” review, and the seller needs to cooperate with the PSP to complete the required operations. In addition to Japan, sellers on sites such as the UK, Canada, and the United States have also reported receiving KYC review notifications for their bank accounts. It is reported that the full name of KYC is Know Your Customer. If the seller has not triggered a complete KYC review before the sale, when the store account payment approaches a certain threshold after the sale, more information will be required for review. During the review process, if the payment has not reached a certain threshold, the store can still sell normally; but when the store’s payment reaches a certain threshold, you have not passed the review, you may face sales restrictions until you pass the review and reactivate the store and restart sales.
eBay launches sales incentive campaign for toys
In the past two years, sales of toy sellers on eBay in Greater China have grown rapidly, especially in key categories such as building blocks, remote control cars, alloy cars, plastic DIY models and baby strollers. Building blocks have grown particularly rapidly, with representative Chinese brands achieving multiple growth during the peak season compared to last year, followed by alloy cars and baby strollers, which both achieved double-digit growth compared to last year. In order to help sellers in Greater China achieve greater success, eBay has launched a sales incentive campaign for the toy category. Invited sellers who sign up for the event before December 29 will have the opportunity to receive an event reward of up to $20,000 after the end of Q1 2024.
Alibaba International Station updates logistics fulfillment rules
The updated rules will be officially released on December 26, 2023 (Beijing time).
The rules will be publicized from December 26, 2023 to January 1, 2024. The rules will take effect on January 2, 2024, which means that the assessment will be carried out according to the latest rules.
There are four main revisions in this period: the publicized assessment rules for the “on-time arrival rate” indicator; the time limit for supplementary information for appeal orders is 5 natural days; the appeal rules for substandard orders caused by incorrect delivery method selection have changed; and the requirements for self-owned logistics (offline) logistics service providers.
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