Consumer Staples Aug 13, 2020 07:20 PM (GMT+8) · EqualOcean
eBay and Qingdao Municipal Bureau of Commerce signed strategic cooperation. According to the memorandum, the two parties will cooperate to deepen the construction of the 'Qingdao cross-border retail export ecosystem,' and unite resources in cross-border e-commerce platforms, logistics, finance, and talents to promote the accelerated development of cross-border e-commerce business of Qingdao enterprises. According to eBay data, the main export destination markets for eBay Qingdao sellers are the United States, the United Kingdom, Germany and Australia; the main export categories of eBay Qingdao sellers are auto parts, home furnishings, clothing and accessories. In the first half of this year, Qingdao's cross-border e-commerce retail imports and exports increased by 314.04%, of which exports increased by 195.81% year-on-year, and imports increased by 747.46% year-on-year.