YoY changes in profits among cross-border sellers from China Q1 2024
According to a survey among 512 cross-border e-commerce sellers from China, approximately 44 percent of respondents stated that they experienced a decrease in profits in the first quarter of 2024 compared to the same period in 2023, while 44 percent of respondents recorded a profit increase. Notably, 12 percent of respondents saw a year-over-year increase in profits of over 100 percent.