Recently, federal express release "e-commerce trend overview" white paper, mainly introduced the world's largest e-commerce market in China is one of the most important seven digital trends, including multiple shopping experience, reshape the consumer forms, wisdom, city and Internet consumers, develop the market of smart home, boundary, Shared economic and "buy" time.

In 2020, the sudden OUTBREAK of COVID-19 caused a severe shock to the world economy, but at the same time, the shock also promoted the digital transformation of the economy, and thus changed the way consumers shop, the way enterprises interact with consumers, and the way enterprises carry out business activities. According to the white paper, the Asia-Pacific, Middle East and Africa region has huge development potential in the e-commerce sector as disposable income increases, Internet penetration increases and cross-border e-commerce market emerges. Companies want to be on top of consumers' desire for connected, immersive, shareable, participatory digital services to make their lives better.

In the next five years, the average growth rate of global e-commerce is expected to reach 47 percent, the white paper predicted. The Asian market grew faster than the global average at 51 per cent, followed by Europe (42 per cent) and North America (35 per cent). E-commerce growth in China, in particular, has outpaced the rest of Asia, with sales reaching $1.3tn in 2020 and expected to rise to nearly $2tn by 2025.

It is worth mentioning that the huge market prospect of e-commerce brings development opportunities for logistics enterprises. From 2021 to 2028, it is estimated that the annual growth rate of the global e-commerce logistics market will reach about 6.6%, and the size of the e-commerce logistics market will reach about 118.847 billion DOLLARS by 2028.

"The logistics industry is a bridge between online and offline integration, which pushes us to play an important role in shaping the future development of e-commerce and providing more cross-border logistics options for consumers and smes. "Fedex will continue to build a strong logistics network that provides smart supply chain solutions and highly customized delivery services to help companies capture opportunities from the evolution of e-commerce." Said Pei Jiahua, president of fedex Asia Pacific, Middle East and Africa.

In Pei Jiahua's opinion, it is imperative for logistics enterprises to reduce delivery challenges and optimize operational efficiency. Fedex has made multiple innovative advances to modernize its supply chain through strategic partnerships with leading e-commerce and technology companies. In addition, with the emergence of new technologies such as big data, robotics and artificial intelligence, more breakthrough measures will follow.

Fedex is not the only company gearing up. On December 10, UPS Supply Chain Solutions announced the opening of its first global innovation center. The innovation hub in Singapore will provide Asian companies with emerging technologies in the logistics industry. In the future, UPS will work with strategic partners to incubate, test, and deploy next-generation technologies to help companies accelerate digital transformation in an ever-changing trading environment.

This is inseparable from the counter-trend development of e-commerce since the outbreak of the epidemic. "Over the past two years, COVID-19 has dramatically changed the way businesses and consumers purchase and deliver their goods; At the same time, the trend of e-commerce and 'spending at home' has been accelerated by the pandemic. "The Asia Pacific Innovation Center is an exclusive platform for UPS to collaborate with our customers on next-generation technologies and solutions that will help our customers in the Asian and global supply chains continue to thrive in the new normal."