Recently, the China Enterprise Confederation and China Enterprise Directors Association have jointly issued the 2020 list of the top 500 Chinese enterprises, along with the list of top 500 Chinese enterprises in the manufacturing, service industry, etc. On the list of top 500 enterprises in the service industry, the parent company of GoTen Dropshipping Platform, ZongTeng Group is the only cross-border e-commerce logistics enterprise. Good news came in succession. Shortly, GoodCang, a subsidiary of the group was awarded as one of the “National 5A Logistics Enterprises,” winning the highest ranking as many other giants in the logistics industry in China.
Unquestionably, the honors reflect that ZongTeng Group’s strength is widely recognized. Additionally, they also prove that supported by integrated supply chain resources of the group, GoTen’s dropshipping services are reliable.
Two Highest Honors in Cross-Border E-Commerce Logistics in China
The year 2020 is the 19th consecutive year that China Enterprise Confederation and China Enterprise Directors Association have released the top 500 lists of Chinese enterprises, on which all enterprises are ranked by the previous year’s operating revenue. The credibility of the lists is trusted by all sectors.
More specifically, with operating revenue of about 1 billion USD (above 7 billion CNY), ZongTeng secured the 450th place in the list of top 500 Chinese enterprises in the service industry. Notably, it is the only cross-border e-commerce logistics enterprise, which signifies that its leading position in the business field has been recognized.
The other honor received by GoodCang was awarded by the China Federation of Logistics & Purchasing. The 5A rating of the logistics enterprise is the highest certification with the utmost authoritativeness through the most rigorous and credible evaluation in the logistics industry in China. Generally, from the application, online review to field evaluation, the whole process takes a total of 6 months, during which 6 aspects, 7 procedures, 16 to 18 indicators are assessed, including the operating status, total asset, equipment and facilities, management, and service, personnel quality and level of information technology.
This time, only 27 logistics enterprises in China were awarded the 5A rating. Over the past 16 years, no more than 20 enterprises on average have been listed each year. Although it is the first time GoodCang has applied for the 5A rating, it obtained the highest ranking along with 16 other 4A logistics enterprises and even some logistics giants which have been deeply rooted in China for many years, including STO Express Co., Ltd., Shenzhen SF Express Co., Ltd., South Central Company of China Railway Materials Group, etc.
Strategic Development of Dropshipping Services Amid Coronavirus Spread
Up till now, ZongTeng Group has overseas warehouses in the Eastern, Western, Southern US, United Kingdom, Germany, Czech Republic, Italy, Spain, France, Australia, and provide advantageous supply chain resources for GoTen’s dropshipping services around the world. In particular, GoTen.com benefits from ZongTeng Group’s total warehousing area of over 700,000 square meters, 30 order fulfillment centers, the daily handling capacity of above 400,000 orders, and more than 1,500 overseas employees, attracting great business partners on a large scale.
Ever since the roll-out of the GoTen global site in March 2020, more and more international sellers have also chosen and partnered with GoTen.com because of its above-average service quality. Furthermore, the first half of the year 2020 has witnessed featured promotions backed by plenty of stock prepared in local US/UK warehouses during the coronavirus outbreak, its strategic business expansion in the United Kingdom and Europe, and major updates of GoTen.com for better dropshipping services, including the delivery to remote regions, launch of various value-added services, an improvement in the stock reservation, etc.
Fueled by ZongTeng Group’s $70 million Series C1 funding success in July, the GoTen Dropshipping Platform immediately started dropshipping products from the German warehouse while establishing partnerships with even more suppliers, brand owners, and manufacturers. In September, the debut of GoTen Dropshipping Platform as a leading dropshipping platform in the eBay Cross-Border E-Commerce Summit 2020 fully demonstrates the strength of the company in the cross-border e-commerce industry.
As the online sales spike, the cross-border e-commerce industry meets unprecedented business opportunities and huge challenges. Nevertheless, ZongTeng Group and its subsidiary, GoodCang, honored as one of the Top 500 Chinese Enterprises in the Service Industry & National 5A Logistics Enterprises respectively have established themselves and been highly recognized in cross-border e-commerce. Both enterprises providing excellent support and resources, which proves that the strength and reliability of the GoTen Dropshipping Platform are undoubted.
GoTen.com is a professional dropshipping and wholesale supplier under ZongTeng Group since 2007. It benefits from all ZongTeng’s supply chain resources, including GoodCang, YunExpress, and WorldTech.
Since the launch of the GoTen global site, the GoTen Dropshipping Platform attracts thousands of visitors worldwide every day, registering considerable surges in sales with 20,000+ profitable SKUs. Additionally, based on big data-based research, its free product recommendations aim to make dropshipping easier on Amazon, eBay, Wish, Walmart, and other online marketplaces.
No membership fees, no credit card needed, only minutes to get started. GoTen makes it easier for everyone to launch and boost their online business.
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