is in trouble! RCEP swiping hot search occupies the major news pages! Lectra US elections and the epidemic have become another hot topic in cross-border circles.
Multilateralism, breaking through barriers, is the dawn of trade freedom coming? The world's largest free trade agreement has finally been signed!
Just yesterday, the 4th Regional Comprehensive Economic Partnership Agreement (RCEP) Leaders’ Meeting was held in video mode on November 15. The ten ASEAN countries (Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar, Cambodia) and 15 countries including China, Japan, South Korea, Australia and New Zealand, officially signed RCEP after 8 years of negotiation ! It marks the official conclusion of the world's largest private trade agreement!
It is reported that RCEP was originally initiated by the 10 ASEAN countries in 2012, inviting China, Japan, South Korea, Australia, New Zealand, and India to participate, in order to reduce tariffs and non-tariff barriers and establish a free trade agreement for a unified market.
The agreement closely follows the development trend of global trade and incorporates many new forms of trade, e-commerce is one of them. In addition to e-commerce, the agreement also includes intellectual property rights, competition policy, government procurement, and small and medium-sized enterprises, which exceed the scope of WTO regulations.
At the same time, the signing of RCEP also has an impact on sellers; the level of openness in goods trade has reached 90% or more , and each country has opened at least 100 markets. Cambodia, Laos and Myanmar 30% of the goods enjoy zero tariff treatment, and other member states 65% of goods enjoy zero tariffs. China and Japan reached a bilateral tariff reduction arrangement for the first time, achieving a historic breakthrough! The signing of
RCEP also changes people's lives;
shopping is more favorable: more high-quality consumer products from other countries will enter the Chinese market with lower tariffs.
Traveling is more convenient: free movement of people makes traveling abroad more convenient and faster.
Enterprise is safer: to form a unified rule system in the region. Reduce operating costs and reduce operating uncertainty.
Investment is more efficient: Investors from outside the region enter a country, which means that the country enters the entire region, the market and space are greatly increased, which helps attract investment.
Nowadays, e-commerce is developing in full swing, and the achievements of Chinese sellers on Southeast Asian e-commerce platforms have been eye-catching. As the RCEP agreement is officially signed, the prospects of cross-border e-commerce in Southeast Asia are very good! So what platforms are there to do in Southeast Asia?
shopee
shopee cross-border e-commerce is a leading e-commerce platform in Southeast Asia, covering the seven major markets of Singapore, Malaysia, the Philippines, Taiwan, Indonesia, Thailand and Vietnam. At the same time, it has established cross-border business offices in Shenzhen, Shanghai and Hong Kong. In 2019, Shopee's total order volume reached 1.2 billion, a year-on-year increase of 100.5%.
In this year, Shopee will increase its cross-border traffic resources to help sellers expand in multiple categories. The first phase covers the markets of Malaysia, the Philippines, and Singapore, providing sellers with CCB store rebates, FSS free store shipping, limited-time special sales activities, and large categories at the end of the month. Promote exposure activities, category area resources exposure, etc. Shopee has a wide range of products, from consumer electronics to home life, beauty, mother and baby, fashion and fitness equipment.
Lazada
One of the largest online shopping sites in Southeast Asia. Supported by the German entrepreneurial incubator RocketInternet Samwer Brothers, Lazada mainly targets users in Indonesia, Malaysia, the Philippines and Thailand. The
Lazada platform has more than 155,000 sellers, including more than 3,000 brand suppliers and 560 million users. Main products: 3C electronics, household goods, toys, fashion clothing, sports equipment, etc. Lazada is called the "Southeast Asian Amazon."
Qoo10
Qoo10 is a professional online shopping platform integrating multiple countries. Qoo10 has developed very well in Singapore. It is Singapore’s largest e-commerce platform. It is also the most mature localized B2 among Southeast Asian B2C platforms.C platform. The platform is famous for its cheap products and can be described as the Singapore version of Taobao. The
platform has a wide variety of products, including various electronic accessories, clothing, food and even tickets. The rules of the Qoo10 platform are simple, unlike other platforms that have cumbersome rules. As long as there are no serious violations of the rules, the sellers of the Qoo10 platform will not affect the store; the entry threshold is also very low. Only one ID card, one mailbox, and one receipt are required. Payment account 5, and there is no store fee; and the platform also has a certain discount on the seller’s charging policy. The platform commission is initially 12% of the transaction volume. As the store sales increase, the platform will rate the store and reduce the commission. .
L192
L192 is an e-commerce platform under the Cambodian Internet unicorn company Groupin. Founded in 2010, it has become Cambodia’s most influential online fashion and lifestyle shopping website, providing clothing, footwear, bags, and accessories to Cambodia and the surrounding areas of Southeast Asia , Beauty, Home Furnishing, Toys, 3C and many other products.
L192 has been officially operated since 2010. At present, the platform has more than 5 million registered users, 1,200 cross-border merchants in China, and 1 million SKUs of all products on sale. The products cover 13 first-level categories and 100 sub-categories.
In order to improve the experience of merchants and customers, L192 built its own advanced warehousing logistics system (similar to JD.com), and set up 10 official warehouses in three major cities to improve logistics efficiency.
Tiki
Tiki was established in 2010. It started as an online bookseller and later developed into a comprehensive B2C e-commerce website. It is the second largest e-commerce platform in Vietnam. The categories sold on the TIKI platform cover multiple categories such as consumer electronics, daily necessities, fashion items, and books. There are more than 4,500 brands of products and more than 300,000 products on sale. The annual sales value of goods is nearly 240 million US dollars. Tiki also pioneered the "two-hour express" logistics and distribution service TikiNow, which has covered 80% of online businesses.
Vietnam's e-commerce scale reached 6.2 billion U.S. dollars in 2018 and is expected to rise to 10 billion U.S. dollars in 2020. 89% of Vietnamese consumers go online every day and are keen to buy cross-border products.
Hermo
Hermo.my is a Malaysian beauty e-commerce website. It has entered the market since 2012. It is similar to Jumeiyoupin. It mainly sells some Japanese, Korean, and Taiwanese cosmetics and skin care products. In addition to serving Malaysia, Hermo also operates in Singapore.
According to SimilarWeb data, Hermo.my has an estimated monthly traffic of 1.65 million. The main audience is mainly locals in Malaysia, in addition to the United States, Singapore, Indonesia and Thailand. The platform recruits skin care, makeup, hair care, personal care, oral care and others.
Text/Meigou Lib.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-