It took only a week or so from the omen to the outbreak of this incident, which is indeed a big blow to Chinese cross-border sellers on the Tophatter platform. During this period, the seller can log in to the background as usual for order delivery management, account payment information viewing, etc. The seller's account will also be retained for at least 90 days.For seller accounts that were in normal operation before closing, the platform will release the remaining order funds one after another in accordance with the normal release cycle and policy.Products in the Chinese seller accounts that have already settled in will stop being displayed, and products that have been or will be listed in the future will no longer receive orders.What sellers need to pay more attention to now is the official solution to this incident. What if Tophatter withdraws from Chinese sellers?īut in any case, closing the Chinese seller's market is a certainty.
Chinese sellers are very unfamiliar with the very innovative bidding model, and it is not easy to operate. The consumption structure has undergone obvious transformation, and the proportion of interest consumption has dropped sharply. The inflation rate has exceeded 8% for several consecutive months. The inflationary pressure of the US economy is huge. Moreover, Tophatter's business model is based on the point of interest business and traffic drainage model, which makes Tophatter unable to obtain traffic that supports the positive development of its business in the traffic battle!Ģ. The traffic war is becoming more and more intense, but Tophatter itself does not have a traffic advantage. Please send your future orders to the logistics provider offline."īut according to Qilinjun's analysis, there are three main reasons for Tophatter's withdrawal this time.ġ. The project will be officially suspended on Wednesday, June 1, 2022. "Due to changes in the strategic level of the Tophatter platform, the combined order project will stop marking the combined order on Friday, May 27. In fact, the post on his official account on May 26 was already a harbinger. The official response is the changes in the US consumer market and the overall transformation of the platform model. Why is the Chinese seller market suddenly closed? Why did Tophatter suddenly withdraw from China?Īccording to the development trend of Tophatter, the growth rate and space are very large.
Tophatter, a new generation of flash auction e-commerce platform originating from Silicon Valley in the United States, is based on the 90-second fast auction model, aiming at the problems of slow clearance and low efficiency of traditional channels that are currently faced by high-quality enterprise sellers of cross-border exports, and provides quick clearance for sellers. Some people may wonder, what does Tophatter do?
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