#Laogao E-commerce Newsletter# [E-commerce Evening News on August 12]

      Evening News: JD Logistics: A board meeting was held on August 23 to approve interim results; Meituan affiliated companies applied to register the "Fan Xiaoquan" trademark; 58.com: The average monthly salary in new first-tier cities in July was 7,930 yuan, and the job demand increased by 45%; Amazon announced the construction of a new logistics center in Tallahassee, Florida; TikTok tested e-commerce functions in the UK...

      Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. JD Logistics: A board meeting was held on August 23 to approve interim results

      On August 12, JD Logistics recently issued an announcement stating that the company will hold a board meeting on August 23, 2021 to approve the interim results and releases of the company and its subsidiaries for the six months ended June 30, 2021, and consider the proposed payment of interim dividends (if any). In addition, the company's management will hold a conference call at 7:00 pm on Monday, August 23, 2021 to discuss the financial results of the company and its subsidiaries for the six months ended June 30, 2021. (Yibang Power)

2. Meituan affiliated companies apply for registration of the "Fan Xiaoquan" trademark

According to news on August 12, Tianyan Check information showed that Meituan's affiliated company Beijing Sankuai Technology Co., Ltd. applied for registration of the "Fan Xiaoquan" trademark on July 30. It is now classified as Education and Entertainment, and the trademark status is under application. According to Tech Planet, Meituan began internal testing of the "Fan Xiaoquan" function from July. Fan Xiaoquan is a takeaway sharing platform based on WeChat friends and address book friends to establish social relationships. (E-commerce News)

3. China Youzan fell by more than 14%. In the first half of the year, Youzan's GMV reached 48.1 billion yuan.

On August 12, as of press time, China Youzan, a Hong Kong-listed SaaS service provider, fell 14.41%, to HK$1.01, with a total market value of HK$17.433 billion. Yesterday, China Youzan released its performance report as of June 30, 2021. In the first half of 2021, Youzan's GMV reached 48.1 billion, a year-on-year increase of 4%. Youzan's new retail business has strong growth momentum, with the GMV from SaaS products in stores doubled, accounting for 25% of the overall GMV. In addition, the average sales of a single merchant exceeded 550,000 during the cycle, an increase of more than 19% year-on-year. (E-commerce News)

4. Dingdong Maicai established a new e-commerce company in Zhuhai with a registered capital of 1 million yuan.

According to news on August 12, Qichacha information showed that on August 11, Zhuhai Bujiangju E-Commerce Co., Ltd. was established. The legal representative is Yu Le, with a registered capital of RMB 1 million. The business scope includes: food Internet sales; food sales; second-class medical device sales; software development, etc. Equity penetration shows that the company is 100% controlled by Dingdong Maicai's affiliated company Shanghai Yibaimi Network Technology Co., Ltd. (E-commerce News)

Internet news

5. Dada Group launches the talent training supernova program in 2022 campus recruitment season

On August 12, Dada Group announced today that it will officially launch the 2022 campus recruitment season from August 12, and will launch a newly upgraded campus talent recruitment and training project - the Supernova Program. According to reports, Dada Group's "Supernova Plan" will equip new students with one-on-one exclusive tutors to develop exclusive growth plans. It will also hold regular learning lectures, technology salons, hackathons and other activities to answer questions and solve problems for newcomers in the workplace and continuously improve the professional skills of newcomers. Dada Group has opened up a large number of R&D and product positions this time, mainly targeting global college graduates who graduated from October 2021 to August 2022. (E-commerce News)

6. 58.com: The average monthly salary in new first-tier cities in July is 7,930 yuan, and the job demand increases by 45%.

According to August 12, today, 58.com Recruitment Research Institute released the monthly employment report for new first-tier cities in July 2021. Data shows that in July 2021, the overall recruitment demand in new first-tier cities increased by 3.1% year-on-year, and the job search activity increased significantly month-on-month. From the perspective of cities, Chengdu ranks first in recruitment demand and job seeker attention, and Wuhan, Chongqing and Changsha also rank in the top four in recruitment demand and job seeker attention. Among typical positions, sales representatives have the highest monthly salary, reaching 8,562 yuan. (E-commerce News)

Cross-border newsletter

7. Amazon announces the construction of a new logistics center in Tallahassee, Florida

August 12th news, Amazon recently announced the start of a 630,000-square-foot distribution logistics center in Tallahassee, Florida. The 2021 U.S. Economic Impact Report shows that since 2010, Amazon has provided 52,000 jobs in Florida and invested more than $18 billion across the state. It is understood that the company announced a week ago that it will create 500 full-time jobs in Port St. Lucie, Florida. Currently, Amazon has more than 50 sites in Florida. (E-commerce News)

8. Korean e-commerce Coupang's sales in Q2 2021 increased by 71% year-on-year

Coupang's performance hit a new high in the second quarter, but affected by the fire in the logistics center, the operating losses in the second quarter were US$514.93 million and the net losses were US$518.6 million. On June 17, a fire broke out in the Deping Logistics Center of Coupang, with related losses reaching US$295 million. It is reported that Coupang's fresh food-related sales exceeded US$2 billion in the second quarter, doubling year-on-year. In addition, Coupang Eats sales tripled the fourth quarter of last year. Coupang's active users increased by 26% in the second quarter to 17,020; the per capita purchase amount increased by 36%, to US$263. (E-commerce News)

9. TikTok tests e-commerce features in the UK

According to Bloomberg, TikTok Shop is currently in testing in the UK and will allow creators and brands to sell their products and services directly to users through the app after it goes online. TikTok confirmed the news in a statement. The person in charge of the project store said that with the ease of the epidemic, TikTok wants to seize the trend of people returning to physical store shopping, so he decided to launch a pop-up store. This pop-up store will be conducive to developing potential customers, and can also increase TikTok's brand awareness and community influence, and further consolidate its position in social media. (E-commerce News)

10. British e-commerce OnBuy and international logistics services Easyship launch cross-border delivery services

August 12th news, according to foreign media reports, recently, the British e-commerce platform OnBuy announced a partnership with international logistics service provider Easyship. This cooperation will provide omni-channel cross-border delivery services for OnBuy sellers. Since its launch in 2016, OnBuy has accumulated more than 7,000 merchants and more than 36 million products. Easyship co-founder and CEO Tommaso said that through Easyship and OnBuy, sellers can now automatically ship their products, while enjoying a range of services including discounted express rates, budget taxes, and simplified label generation and return software. (E-commerce News)