Turkey’s business group says quake could cost $84 billion, while heavy snowfall in Japan could delay logistics

news1

Turkish business Group: $84 billion in economic losses Feared

According to Turkonfed, the Turkish Enterprise and business   federation,  the earthquake could cost the Turkish economy  more than $84 billion (about $70.8 billion in housing and     construction damage, $10.4 billion in lost national income and $2.9 billion in lost labor), or about 10% of GDP.

Affected by the blizzard, Japanese logistics company delivery delay

One hundred flights were cancelled, dozens of roads were blocked and train traffic was disrupted as heavy snow fell across much of Japan. Major distribution companies, including Daiwa Transportation and Sakawa Express, said product deliveries could be delayed as trains on more than a dozen routes in central and  eastern Japan have been suspended or are scheduled to be suspended.

news 2
news3

80% of Spanish e-commerce sellers will raise prices by 2023

In the face of inflation, 76 percent of Spaniards plan to change their spending habits in 2023, and 58 percent of Spaniards say they will only buy what they  really need, according to Packlink's report "Online Transportation Scenarios 2023." E-commerce sellers will also be aware of the impact of inflation, with 40% of sellers citing increased costs as their   main challenge in 2023. Eighty percent of sellers think they willhave to raise prices this year to offset higher costs.

eBay Australia updated its refurbished merchandise policy

Recently, the Australian station announced that it has made some updates to the renovation plan. Starting March 6, 2023, sellers will need to change a listing whose condition is "refurbished" to "used." If no changes are made, the listing is  likely to be deleted.

news 4
news5

Shopee's revenue in Brazil reached 2.1 billion reais in 2022

According to Aster Capital, Shopee generated 2.1 billion reais ($402 million) in Brazil in 2022, ranking fifth among Brazilian  e-commerce platforms. In the ranking of e-commerce platforms in Brazil by revenue in 2022, Shein took first place with R   $7.1 billion, followed by Mercado Livre (R $6.5 billion). Shopee entered the Brazilian market in 2019. Sea, Shopee's parent   company, revealed in its fourth quarter 2021 earnings report   that Shopee Brazil generated $70 million in revenue during   that reporting period.


Post time: Feb-17-2023