Ebrun Power News reported on July 7 that Ebrun Power compiled the major events of the week in cross-border e-commerce, as follows: Another independent website building platform raised US$4 million and received investment. According to foreign media reports, Ecomz, an e-commerce management platform headquartered in Beirut

Raised $4 million in Series A funding round led by local VC Cedar Mundi Ventures.

Also participating investors are iSME Lebanon, a government-led financing scheme and BLC Bank.

It is understood that Ecomz was founded in 2015 by Rudy Bekerejian and Amer Tabbara. Like Shopify, it is an end-to-end e-commerce website management platform that enables merchants to build their mobile-optimized online stores and sell online.

Merchants can use Ecomz’s store builder to build their online store.

The platform offers merchants a variety of free and paid themes.

Ecomz also offers a range of built-in store management applications and different integrations, including payments and shipping, enabling merchants to accept international gateway payments and deliver products globally.

Additionally, Ecomz’s personalized insights engine allows merchants to identify store weaknesses and optimize performance.

Miya's 2019 user open letter: Calling for the standardized development of social e-commerce Miya Group released a 2019 user open letter, announcing that Miya's mission has been upgraded to "quality life for young mothers" and stated that Miya will continue to improve service quality and increase investment in service guarantee.

Since its establishment, MiYa has served more than 50 million users across the country. It has also launched the MiYa Plus promotion plan to earn profits by sharing the good products you have used with people around you.

Today, with the rapid development of social e-commerce, Miya calls for the establishment of a green social e-commerce industry association to build a harmonious and healthy community environment and strictly supervise and manage illegal promotions and false propaganda.

It is understood that in order to further strengthen the standardization of membership management methods, Miya has clarified Plus membership status, established self-purchasing and sharing behaviors, and launched a free membership plan. Users can obtain promotion qualifications for free through a series of interactive methods such as visiting, sharing, and shopping.

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At the same time, we will further purify and standardize the development of the industry and crack down on non-compliant promotion behaviors in the entire industry.

Wish key data: Overseas warehouse sales increased by more than 25% year-on-year. Recently, Wish merchant development and operations director Sam revealed Wish’s key data for the first half of 2019.

Market data shows that in the first half of 2019, the United States and Europe were still the two most critical markets for the Wish platform. Sales in the United States accounted for about one-third of the platform’s total sales; France, Germany, the United Kingdom, and Italy were the leading markets.

The GMV proportion of the entire European region represented has surpassed the United States, becoming Wish's largest regional market; at the same time, as a representative of emerging markets, Brazil's sales also accounted for about 5% of the platform's total sales, becoming one of Wish's top ten national markets in the world.

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In terms of key categories, in the first half of 2019, fashion categories, hobbies, 3C accessories, household products, accessories and accessories were the five categories with the highest sales. Among them, fashion category sales accounted for about five percent of the total sales on the Wish platform in the first half of the year.

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In terms of core projects, sales of WE's overseas warehouse products increased by more than 25% year-on-year in the first half of 2018.

It is worth noting that in terms of key traffic, in the first half of 2019, PB traffic accounted for 30% of the total platform traffic, an increase of more than 50% compared to the same period in 2018.

Wish has launched a B2B project. Recently, Wish released its new project - Wish B2B project.

According to Wish, the project entered the initial testing phase in March 2019.

The project was launched mainly to help platform merchants (especially small and medium-sized merchants) do supply chain management and category expansion.

Wish hopes that the Wish B2B project can help more sellers solve uncertain factors such as product quality and delivery time in the supply chain, improve sellers’ product supply chain advantages, and help optimize sellers’ service levels.

According to Wish B2B, Wish is based on the best-selling products in the cross-border e-commerce industry and analyzes countless real sales data. The products themselves are hot-selling products and have great market demand.

At the same time, in the early stage of Wish, these B2B products will be reviewed by users and will be added to the B2B product list after reaching good reviews.

In the initial test, the user ratings of B2B project products have reached 4 or 5 stars, and the product repurchase rate and refund rate due to quality reasons are significantly better than the average level of similar products.