MCM CommerceChat Podcast

Coming EU VAT Updates and Their Impact, Explained

| Mike O'Brien

The European Union is making sweeping updates to how retailers need to calculate Value-Added Tax (VAT) when selling goods into its member countries, effective July 1, 2021. Peter Boerhof, EU VAT director for Vertex, explains the various changes and their significance, and the impact for companies selling goods into Europe.

SEKO Acquires Freight Forwarder Air-City to Expand Its Services in China

| Mike O'Brien

SEKO Logistics has acquired New York-based freight forwarder and cross-border ecommerce firm Air-City, Inc. for an undisclosed sum as it looks to expand its shipping capabilities into China and add resources and infrastructure in the critical New York area. A year ago, SEKO acquired GoodShip International Inc. in Chicago.

Cross-Border Ecommerce Software Firm Flow Secures $37M in Funding

| Douglas P. Clement

Hoboken, NJ-based Flow has secured $37 million in Series B funding to drive its mission of helping businesses market, sell and ship to global consumers online by providing localized experiences. The funding will be used to build up product offerings, grow customer acquisition, add staff and expansion in the U.S. and Europe.

How State Cashmere Navigated Its Global Ecommerce Expansion

| Iain McNicoll

Over the last decade, booming global ecommerce has given small businesses around the world an opportunity to expand their reach in D2C. But this expansion does come with challenges, especially in the area of payments. See how State Cashmere addressed currency and taxation issues while freeing up working capital to fuel growth.

PRC Approves Lower Postal Rates Ahead of UPU Meeting

| Mike O'Brien

The Postal Regulatory Commission has approved a range of postal rates for smaller packages originating from overseas to the United States, part of an effort to level the playing field for U.S. merchants and manufacturers disadvantaged by international postage rules.

Brexit, Universal Postal Union Causing Cross-Border Ecommerce Uncertainty

| Tim Parry

The global shipping landscape may be disrupted this fall, depending on the outcome of two major geopolitical events, and cross-border ecommerce sellers need to brace themselves for the potential changes. Experts discuss the ramifications of both Brexit in the UK and a possible U.S. pullout from the Universal Postal Union (UPU).

Cross-Border Shipping: Overcoming Global Headwinds, Trade Issues

| MCM staff

The global shipping landscape may go through one and possibly two seismic shifts this fall: either a Brexit in the UK, a U.S. pullout from the Universal Postal Union, or both. So how should you prepare? How quickly can you adjust your shipping plans? This latest special report from MCM taps experts and explores these issues in detail.

How to Master Your Global Payments Strategy

| Daniela Forte

The global payments landscape is ever changing as new technologies like Apple Pay, WeChat Pay and several others help make frictionless cross-border payment a reality. Here is a look at how to master your global payments strategy.