E-COMMERCE PLATFORM

17 March 2021

The Covid pandemic has driven the development of e-commerce at an even more breakneck speed than before. The UK is the world’s third-largest e-commerce market and has been the transit station for e-commerce goods from Hong Kong entering the EU single market. After Brexit, however, the customs clearance procedures and other rules businesses have to follow will inevitably become more complicated. More

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Successful Pandemic E-Commerce: Russia

19 February 2021

A massive country, with 11 times zones spanning almost half the world, and a population of more than 140 million, Russia is one of Hong Kong’s fastest-growing export destinations. The Eurasian giant also has massive e-commerce potential. In 2019, only 9% of retail sales in Russia are e-commerce transactions – against 27% in Mainland China – despite Russia having a purchasing price parity per capita gross domestic product of US$11,600 against the mainland’s $10,260. More

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E-commerce Platforms Required to Improve Seven-day Unconditional Return Rules

26 November 2020

On 3 November, the State Administration for Market Regulation released revised interim measures for seven-day unconditional returns of goods purchased online. More

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Cross-Border E-Commerce Site Optimises Supply Chain to Sharpen Competitive Edge

11 July 2019

As China’s cross-border e-commerce retail import market continues to mature, mainland consumers can now purchase a wider range of foreign goods at lower prices from various websites. Yet, the business environment is becoming more challenging to cross-border e-commerce platform operators. Kenny Lee, Founder and CEO of Onion Global, shared his views on the company’s strategies in operating a cross-border e-commerce platform in mainland China. More

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Chinese Mainland Cross-border E-commerce: Export Business Development

08 January 2016

China has adopted related polices to further support mainland enterprises’ direct online retail sales to overseas consumers. The export value of cross-border e-commerce amounted to RMB2.04 billion by the end of December 2014, and is projected to grow by over 30% annually in the next few years. More

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Mainland Cross-border E-Commerce Opportunities for Hong Kong Businesses

10 September 2015

Many mainland consumers are buying foreign products by way of overseas online shopping or overseas agents. In a move to further protect consumer interests, strengthen monitoring of product safety and safeguard national tax receipts, the Chinese government has set up cross-border e-commerce import services pilots in seven mainland cities. Meanwhile, free trade zones and qualified cities can also conduct cross-border e-commerce import business. More