It is learned that according to reports, the Italian Antitrust Authority recently announced that it would impose a huge fine of 1.128 billion euros (about 8.1 billion yuan) on Amazon for abusing its market dominance.
As the antitrust wave rolls in, Amazon has not only suffered heavy fines from the Italian authorities, but is also facing antitrust pressure from the EU, the US government and other parties. Once it is defeated, it is likely to lead to a change in its business model. However, judging from the current negotiation situation, the progress is not optimistic. However, to make matters worse, in addition to being caught up in an antitrust investigation, a sudden tornado recently caused severe damage to Amazon's warehouses, pushing this e-commerce giant into the spotlight again. Cross-border navigation , sellers are in urgent need of goods! Amazon warehouse was destroyed by tornado #Amazon##Cross-border headlines#Cross-border e-commerce video account ▲ Video account attention: cross-border navigation A tornado caused the collapse of an Amazon warehouse, and the seller's goods were damaged! On Friday night, local time, an unprecedented tornado struck the central United States, affecting 55 million people in six states . So far, more than 330,000 households have lost power, and more than 25 million Americans are facing threats to their lives and property. This major disaster also endangered Amazon's warehouse in Edwardsville, Illinois, causing serious collapse. According to foreign media reports, there were as many as 50 to 100 employees in the warehouse when the accident occurred, which has now resulted in 6 deaths and 45 survivors. Due to the presence of some part-time employees and the shift work, the full number of employees at the time was unclear, so there may be more people who have not been rescued. However, due to the destructive power of the tornado, the authorities said that the chances of survival for those who have not been rescued are extremely low. ▲ The picture comes from the Internet This devastating disaster also caused Amazon to be embroiled in public controversy again, and it was accused of disregarding the safety of employees for the sake of profit. On the one hand, Amazon prohibits workers from carrying mobile phones in the warehouse work area, causing workers to miss evacuation warning information and lack self-help tools to contact the outside world. On the other hand, Amazon has been criticized for allowing employees to work in the warehouse under severe weather warnings. ▲ The picture comes from the Internet At the same time, Amazon founder Bezos celebrated the successful launch of a manned rocket on his personal IG and did not respond to the warehouse collapse accident in a timely manner, for which he was bombarded by netizens. It is understood that the warehouse collapse will also affect the seller's package delivery. It is reported that the Amazon warehouse covers an area of 102,193 square meters, and the damaged area stretches over 200 miles. At present, at least 100 emergency vehicles have gathered at the warehouse for rescue. A seller reported that his goods were located in the affected STL4 warehouse and he has now received a notice from Amazon stating that compensation for the damaged goods will be paid within five working days in accordance with Amazon's logistics policy. ▲ The picture comes from Zhiwubuyan Although the goods were destroyed in an unexpected accident, the seller happened to be facing the problem of clearing inventory, so it can be considered a blessing in disguise. However, for sellers with normal sales, they not only lose storage fees, but also shipping costs, especially on the eve of the Christmas peak season. If they re-ship the goods, they may miss the holiday peak season. Today, the losses caused by the tornado are still increasing, and Amazon has become the target of public criticism, focusing on the condemnation of the industry and outside. In addition, the recent trends of the industry's big sellers have also attracted much attention. Targeting small and beautiful enterprises, Tongtuo established an investment fund! This year, Amazon has continued to intensify its efforts to conduct strict inspections and crackdowns on sellers. Even top seller Tongtuo could not escape Amazon's iron fist of blocking accounts.
Under the shock, Tongtuo is also actively adjusting its development strategy and expanding its business direction. Some time ago, Tongtuo officially announced that it would devote all its efforts to build the "Tongtuo Cross-border E-Academy" and launch a one-stop cross-border incubation and training service. Tongtuo’s entry into the training business has also triggered a lot of speculation among sellers, but just recently, Tongtuo has made new moves again. It is learned that Tongtuo recently announced that it will set up a cross-border e-commerce equity investment fund, focusing on the investment and incubation of cross-border e-commerce team projects, and empowering outstanding innovative and entrepreneurial teams with an ecological system. Tongtuo said it will provide financial support to outstanding teams that meet one of the following conditions: 1. Small but beautiful vertical cross-border e-commerce operation team 2. Cross-border platform business has been opened and is operating normally (Amazon and Walmart are preferred) 3. Sales of RMB 2-5 million/month, team average output of RMB 1 million/month 4. Large profit potential and good operating indicators 1. Superior quality and core competitiveness 2. High user satisfaction and good reputation 4. Ability to respond and adjust quickly according to market and consumer needs It can be seen that Tongtuo's investment targets are mainly focused on small and beautiful vertical category teams, as well as products with both quality and reputation and great market potential. Tongtuo will also provide professional support in logistics warehousing, brand planning and creation, marketing and promotion, etc. while investing sufficient funds. At this juncture, why is Tongtuo taking so many actions and now transforming itself into an "angel investor" to establish investment funds? It is understood that Tongtuo proposed the three-pronged development strategy of "talent training + project incubation + investment fund" this year . At present, with the establishment of talent incubation training teams and investment funds, these three pillars are running side by side and advancing steadily. Some sellers believe that making high-quality and popular products on Amazon is like the Internet industry, which requires capital to exchange for market share and time. A traditional enterprise that wants to build a small and beautiful high-quality product from within will find it difficult to start from the grassroots level, so investment is a good method. In fact, many of the big sellers we are familiar with have invested in multiple companies in recent years. Take Anker Innovations as an example. It has invested in the home furnishing giant Zhiou several times since 2018 and ranks second as the shareholder. Facts have proved that Anker's vision is sharp. Zhiou is now growing and developing, and is firmly at the forefront of the home furnishing industry. In addition, Anker has also invested in various companies. In April this year, it invested 40 million yuan in the smart home company Zhiyan Technology. In August, it invested in Zhirong Technology, which ranks among the top in the consumer electronics and 3C accessories market share. It can be seen from Anker Innovations that while investing in various highly potential companies, the company has also strengthened technological cooperation and complemented the gaps in its own development. The establishment of an investment fund by Tongtuo to a certain extent also reflects its ambition to expand the scale of the company's development. For some "small and beautiful" enterprises, it will also bring more development opportunities.
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