Study: More firms set up overseas warehouses

Establishing overseas warehouse facilities seems to be becoming mandatory for e-commerce firms doing cross-border transactions, as more online consumers are becoming picky on delivery timings, said a report on Tuesday.

The report, released by global e-commerce platform eBay Inc, said that about one-third of all the Chinese firms whose annual gross merchandise volumes exceeded $100,000 had set up overseas warehouses by the fourth quarter of last year. The percentage is far higher than the rest of the world, said Zhang Kang, senior director of eBay Global Shipping, signaling the strong competitiveness of Chinese exporters.

Export logistics have bottlenecked the booming cross-border e-commerce market, as overseas consumers are increasingly picky in terms of having a seamless shopping experience.