LaserPecker Pre-sales Exceed $10 Million! Laser Engraving Machine Goes Global

1. LaserPecker Pre-sales Exceed $10 Million! Laser Engraving Machine Goes Global

LaserPecker has seen tremendous success overseas, targeting 25-34-year-old consumers. In key markets like Germany, Austria, and France, the brand's ads have shown excellent results. Through crowdfunding platforms, independent websites, and social media marketing, LaserPecker built a strong private customer base. Their latest release, LaserPecker 4, reached $2 million in 12 days and closed at $5.57 million. With total crowdfunding revenue of ¥300 million, LaserPecker is a leader in the laser engraving market.

Source: GoodsFox

2. Temu Now Supports EU UPS Logistics for Orders

Temu has expanded its logistics system by integrating EU UPS shipping. Consumers in countries like France, Italy, and Spain can now enjoy efficient and cost-effective deliveries from Germany. This partnership removes traditional shipping limits, providing door-to-door service with no minimum parcel quantity. The move enhances logistics efficiency and convenience for cross-border shopping, further solidifying Temu’s presence in the EU market.

3. TikTok Shop Plans to Enter the Dutch Market in 2025

TikTok Shop is planning its debut in the Netherlands in 2025. With 175 million monthly users in Europe, the platform’s e-commerce feature is already live in the UK, Spain, and Ireland, and is being tested in Italy and Germany. TikTok had 15 million active users by the end of 2023, with social commerce stores increasing by 6 million. In the UK, 200,000 companies are using TikTok, many of them using live streaming for sales. TikTok generates revenue through commissions (9% in the UK) and ad campaigns. Sales in the first half of 2024 are expected to reach $17 billion, a 60% year-on-year increase.

4. Cainiao Adds New Shipping Routes to the UK and Germany

Cainiao has launched its premium shipping service to the UK and Germany. The optimized logistics infrastructure in Europe and the US cuts delivery times by up to 24 hours, with faster transit times from warehouse to destination. This includes smoother local dispatch, enhancing the overall efficiency of cross-border delivery.

5. China-Singapore Free Trade Agreement Protocol Upgraded

The China-Singapore Free Trade Agreement protocol officially took effect on December 31, 2024. The agreement opens up new opportunities for services trade and investments between the two nations. Using a negative-list approach, it’s China’s first FTA upgraded with this negotiation format. High-standard rules in sectors like telecom and digital economy will further drive collaboration. The protocol will strengthen bilateral relations and boost trade potential.