The most difficult 2020 in history? Big sellers made 1.6 billion in half a year! Small sellers also got luxury cars!

Under the global epidemic, some people say that 2020 is the most difficult year in the history of cross-border e-commerce. In the past six months, some people are happy and some are worried, but some people have turned the tide and doubled their orders!

Aosen E-Commerce recently released its 2020 semi-annual report. As of June 30, 2020, the company achieved operating income of RMB 1,579,701,385.41 in the first half of 2020, a year-on-year increase of 87.80%; and achieved net profit attributable to shareholders of listed companies of RMB 170,274,076.52, a year-on-year increase of 493.13%.

It is understood that during the reporting period, the company achieved operating income of 1,579,701,385.41 yuan, an increase of 87.80% over the same period last year. Mainly affected by the global COVID-19 pandemic, the company's online orders surged and sales increased significantly.

In addition, during the reporting period, the company's net profit was RMB 170,274,076.52, an increase of 493.13% over the same period last year , mainly due to the increase in sales volume and the increase in gross profit margin.

The annual revenue is nearly 1.6 billion, and the net profit is over 170 million, which is nearly five times the same period last year. This is really a great sale.

In addition to Aosen, Anker's listing has been confirmed and subscription started today. The issue price is 66.32 yuan and the upper subscription limit is 6,500 shares. It becomes the first independently listed cross-border e-commerce stock. Tianze Information's performance in the first half of the year also saw a substantial increase.

In addition, the performance of small and medium-sized sellers also increased significantly.

A boutique seller in the pet category on Amazon said:

There is also a couple in Zhengzhou who sells products on Amazon. Their sales exceeded one million US dollars in the first half of this year! Most sellers benefited from this, and many people bought luxury cars . A new group of rich people was born...

However, since July, some sellers have found that the order volume has begun to decline, and the ranking has not dropped but the sales volume has decreased. The sales volume has also declined, and the profit has continued to decrease. The root cause is the continuous increase in logistics costs.

Recently, logistics prices to the United States and Canada have increased by about 5%, with UPS, DHL, and FedEx all experiencing price increases.

According to the latest tracking data from the US Air Freight Index, freight rates from China to Europe and the United States rose by 6.2% and 4.9% respectively last week.

A freight forwarder stated that the UPS prices in the United States have increased slightly twice, with the increase ranging from about 6 yuan. It is expected that FedEx and DHL will continue to increase to varying degrees in the future.

Recently, many sellers revealed that they had received news that the time of Prime Day in the United States has been determined. It will be from October 7 to November 3, 2020 , and will last for nearly a month.

In addition, the leaked content has set time limits for coupon applications, Prime exclusive discounts, and FBA warehouse entry deadlines. The details are as follows:

Although the time of Prime Day in the United States is very likely to be confirmed, Amazon’s current terrible inventory policy has limited restocking of everything, limited warehouse space, extremely slow logistics, and expensive express delivery. In addition, the epidemic in the United States is still spreading, and sellers are worried that Amazon’s warehouses will collapse.

The good news is that the overall logistics timeliness to the United States has also accelerated a lot recently. FTW1 warehouse can put goods on the shelves in 1 day . Amazon is frantically building warehouses and recruiting workers. I believe it can still cope with it.

It seems that 2020 is not as bad as we thought. Sellers just need to prepare for the peak season. The second half of the year will be even better!

(Source: Cross-border Sellers Teahouse)