Amazon Membership Day; Asia-Pacific Air Cargo Down; Commercial Space Flight Coming
Jul 04,2023

Amazon Prime member day set for July 11

Free MarketSales43% year-on-year growth
A few days ago, the Mexican consumer market's annual online shopping festival ended. As one of the largest online shopping platforms in the country, Mercado Libre closed the first half of the year with a 43% year-on-year increase in sales. According to official data show that during the event, every minute related product search frequency reached nearly 7000. At the same time, the number of buyers participating in the big promotion increased by 23%.
Asia Pacific Air Cargo Demand Decreased by 7%

A few days ago, according to the Asia Pacific Aviation Association (AAPA), Asia Pacific air cargo business continued to be affected by "sluggish demand driven by weak business confidence" in May. Air cargo demand in terms of freight ton-kilometers (FTK) fell 7% year-on-year in May. Capacity provided rose by 6 per cent, resulting in a 8.5 percentage point decline in the average international freight load factor for the month to 60.1 per cent.
HMM Liner Announces New Route
South Korea liner Hansin Shipping (HMM) has announced that it will independently launch a new route service (FIM) connecting the Far East, India and the Mediterranean to provide more comprehensive coverage in these regions. The FIM route will be operated separately by HMM and will begin operations from Busan on August 6, with a round-trip voyage of about 84 days.
Baltic Dry Index: Down.2.28 percent at 1112
Tesla charging standard expected to unify North America

Takeaway car-hailing giant Grab announces 1000 job cuts
A few days ago, Grab, a Singapore-based online car and food delivery service giant, announced that it plans to lay off more than 1000 employees, accounting for 11% of the total number of employees, to control costs and improve efficiency. In an email to employees, Grab CEO Anthony Tan said the layoffs were a "painful but necessary step" for the company to remain competitive in the future.
Virgin Galactic completes first commercial space flight

Virgin Galactic has launched its first commercial space flight. At 8:30 local time on the 29th, the aircraft VMS Eve carrying the Virgin Galactic spacecraft VSS Unity took off from the American Spaceport in New Mexico, USA, and launched at an altitude of 44500 feet above the ground, sending the spacecraft into space. At 9:42 that day, the spacecraft landed safely and returned to the runway.
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