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02 - 20 2019

Noon announced its entry into the Egyptian e-commerce market

According to foreign media reports, Noon, the local e-commerce platform in the Middle East (February 19) announced that it will enter the Egyptian e-commerce market after the UAE and Saudi Arabia markets on Tuesday.It is reported that Noon was originally built by entrepreneur Mohamed Alabbar, the Saudi Public Investment Fund and a group of well-known Gulf investors with an initial capital of $1 billion. Now it is making Egypt its third regional market. Noon said in a statement that Egyptian consumers can now order from the beta version of noon.com, which promises to bring more choice, affordability and convenience to Egyptian consumers. The products will involve electronics and fashion , beauty, baby, home and kitchen, and other categories, and provide consumers with free shipping and free return service.(beta version of Noon.com)It is reported that Noon Egypt is headquartered in Smart Village (Smart Village, Technology Innovation Business District), and its ground team is c...
01 - 28 2019

Starting January 25th, Amazon Logistics Center will no longer accept products bearing manufacturer barcodes, all of which must use Amazon barcodes.It is reported that before the January 25th, the Amazon FBA warehouse or the ASIN products already in the Amazon FBA warehouse need not be changed. All new distribution plans created for ASIN after January 25th need to do the following:1. Select 'Amazon Barcode' when creating a quote.2. Print the Amazon barcode label and attach it to the item before delivery, or have Amazon label the item (payable).(Editor's note: ASIN code is the unique number compiled by Amazon's own product. If it is the ASIN code of the book, it is equivalent to the ISBN number of the world. When the ASIN number of other products is submitted and released by the product, Amazon will generate A string of numbers, that is the ASIN code.)It is reported that sellers can have two choices when creating a quotation, one is to paste the manufacturer's barcode...
08 - 28 2018

Real sharing! Middle East is the last blue ocean of cross-border e-commerce

The Middle East in 2018 should be the hottest area for cross-border e-commerce in the world. The United States is engaged in trade wars with China,, and it has begun to impose consumption tax across the state; Europe's VAT regulation is becoming more and more strict. The e-commerce dividend period has begun to fade.Southeast Asia has no money, and the market is consumed by some companies. So everyone agreed to turn their attention to the Middle East where the local tyrants gathered. Especially after the emergence of a unicorn like Jollychic, everyone firmly believed that the Middle East is a blue ocean of cross-border e-commerce. Thanks to its strong spending power, the idea of accepting new things and the good infrastructure for e-commerce development, the speed of the Gulf countries is the highest in the world. Retailers in the Gulf countries are also changing in the new wave of e-commerce to gain greater benefits. Despite having good infrastructure, the...
09 - 30 2018

Ministry of Finance: Trial export tax exemption for cross-border e-commerce comprehensive test areas

On September 29, the Ministry of Finance, the Ministry of Commerce, the State Administration of Taxation and the General Administration of Customs jointly issued the 'Notice on the Taxation Policy for Retail Export Goods in the Cross-border E-Commerce E-Commerce Zone', which meets the requirements for the cross-border e-commerce comprehensive test area. The export goods are subject to the VAT and consumption tax exemption policies.The notice is as follows:1. For goods that have not obtained valid purchase vouchers for e-commerce export enterprises in the comprehensive test area, and meet the following conditions, try the VAT and consumption tax exemption policies:(1) E-commerce export enterprises are registered in the comprehensive test area, and the export date, cargo name, unit of measurement, quantity, unit price and amount are registered in the comprehensive service platform of the cross-border e-commerce online.(2) The export goods shall go through the procedures for decla...
08 - 28 2018

The latest and most complete Middle East e-commerce platform market report!

Friends who are engaged in cross-border e-commerce in emerging markets must know that the Middle East is a potential market that cannot be ignored. Especially in recent years, the rapid growth of China's e-commerce platform in the Middle East has strengthened the confidence of e-commerce practitioners. It is estimated that in the next five years, the growth of e-commerce in the Middle East will reach 25%-30%, and the value of the UAE and Saudi E-commerce industry will triple which is expected to reach US$15 billion by 2020. CommerCity, the e-commerce free zone, is also launching a major initiative to promote regional e-commerce development. The 2.7 billion UAE dirham (about 4.8 billion yuan) free zone aims to attract foreign companies and cultivate young UAE businesses’s entrepreneurship.while the state-of-the-art warehouse will also help the company to ship goods to the local market faster. On the whole, the Middle East e-commerce platform mainly includes ...
08 - 28 2018

What are the opportunities in the Middle East e-commerce market under the Belt and Road ?

The “Belt and Road” covers many regions such as Asia-Pacific, Europe and Asia, the Middle East and Africa. It is a strategy for China to actively develop economic cooperation with countries along the route. However, although there are many people who know the “Belt and Road”, but very few people who spy on the potential business opportunities in the national markets along the Belt and Road. In fact, the 65 countries covered by the Belt and Road, the total population accounts for 63% , and the economic aggregate accounts for 30% of the world. Most of them are emerging economies and developing countries, which are in the period of economic development and have great market development potential. Next, CITITRANS will analyze the e-commerce market opportunities behind the countries along the Belt and Road, as a reference for China's cross-border export sellers to go out to the Middle East. I. Basic conditions for the development of e-commerce in the Middle East1. ConsumersThe...

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