#Laogao E-commerce Newsletter# [March 5 E-commerce Evening News Brief]

#Laogao E-commerce News# [E-commerce Evening News on March 5] The producer of "Zhuozui" applied to register the trademark "Sunning Yigou" and "Pindaodao"; the import and export scale of Guangzhou's cross-border e-commerce increased by 6 times during the "13th Five-Year Plan" period; Xianyu Announcement: 36,000 fraud-related users were frozen from February 3 to March 2.

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E-commerce newsletter

1. Alibaba International Station's transaction volume increased by 101% year-on-year last year

According to reports on March 5, data from Alibaba International Station showed that the actual transaction volume of the platform in 2020 was denominated in US dollars and the number of orders doubled year-on-year. In the first half of 2020, the number of cross-border logistics orders at Alibaba International Station increased by 113% year-on-year, the number of orders at the intelligent customs system increased by 1448% year-on-year, and the scale of foreign exchange collection increased by 87%. In addition, the "Dynamic New Foreign Trade Trend Development Report" released by the China International Economic Exchange Center recently also pointed out that Alibaba International Station has become a new generation of e-commerce paradigm. (E-commerce News)

2. JD Cold Chain Traceability Platform is launched to realize cross-provincial communication of traceability codes

On March 5, JD Logistics announced yesterday that its JD Cold Chain Traceability Platform, which was jointly created by JD Technology and JD Fresh, for imported cold chain food, was officially launched. According to reports, this platform can not only enable the entire process of traceability of goods from origin to consumers, but also enable the interoperability of traceability codes between provinces and cities in China. When consumers purchase imported cold chain products on JD.com, they can check the product's source country, production date, batch number, circulation path, nucleic acid testing report, disinfection certificate and other comprehensive information through traceability codes. (E-commerce News)

3. The producer of "Zhuo Xu" applies to register the trademark "Sunning Yigou" and "Pindaodao"

According to the news on March 5, Qichacha APP showed that Xinli TV Culture Investment Co., Ltd., as one of the producers of "Zhu Zui Son-in-law", applied to register the Suning Yigou and Pindaodao trademarks on February 26. The trademark status is currently displayed as a registration application. It is understood that "Sunning Yigou" and "Pindaodao" are the memes of the TV series "The Son-in-law". Previously, with the increase in popularity of TV series, Suning.com applied for registration of the "Sunning Yigou" trademark, and Pinduoduo applied for registration of the "Pindaodao" trademark, which also caused heated discussions among netizens at that time. (E-commerce News)

4. Disney wants to close at least 20% of its stores and shifts its focus to e-commerce

3月5日消息，近日，同程旅行发布《中国女性旅行消费报告2021》。报告显示，女性对于家庭的旅游消费决策有着显著的影响力，71%的居民家庭旅游度假消费决策是由妻子做出的。另外，同程旅行住宿大数据显示，过去一年中，全国女性旅行者中“80后”占比27.1%，“90后”占比43.8%，二者合并占比高达70.9%，在占比较低的年龄组中“00后”以12.7%的比例居上。女性旅行者的来源城市（常住地维度）基本上以一线、二线城市及区域中心城市为主。（电商报）

5. DingTalk’s “Business Start Festival” will be launched in 2021 to issue a red envelope subsidy of 80 million yuan

On March 5, DingTalk officially launched the 2021 DingTalk "Business Start Festival" yesterday. DingTalk will work with ecological SaaS manufacturers to issue 80 million yuan of red envelope subsidies to corporate users. Users can participate in the event by simply participating in the DingTalk APP-My Discovery Plaza. According to reports, this start-up festival will last for one month. The companies participating in the event include leading SaaS companies such as eSaobao and Huilianyi, as well as traditional enterprise-level software companies such as Kingdee and UFIDA. (E-commerce News)

Internet news

6. Xianyu Announcement: 36,000 fraud-related users were frozen from February 3 to March 2

According to March 5, Xianyu recently announced the latest announcement of the special action on network ecological governance. The announcement shows that from February 3 to March 2, Xianyu frozen 36,000 fraud-related users; handled more than 9,300 pornographic and vulgar products, frozen more than 2,700 accounts, and handled more than 600 items such as Internet celebrity Gatling fireworks, wire wool fireworks, cold light fireworks, etc.; handled a total of 147,000 other harmful information, and frozen 17,000 accounts; accepted a total of 530,000 reports, of which 250,000 effective reports, all of which have been processed. (Yibang Power News)

7. GSX's revenue in 2020 was 7.125 billion yuan, up 236.9% year-on-year

According to reports on March 5, GSX announced its fourth quarter and full-year results for 2020. According to the financial report, GSX's revenue in the fourth quarter was 2.211 billion yuan (RMB, the same below), an increase of 136.5% year-on-year, and the revenue growth rate exceeded 2 times for the nine consecutive quarters. Among them, K12 online course revenue was 1.975 billion yuan, a year-on-year increase of 155.6%, accounting for 89.33% of the company's total revenue. In 2020, GSX achieved annual revenue of 7.125 billion yuan, a year-on-year increase of 236.9%. Among them, K12's online course revenue was 6.237 billion yuan, a year-on-year increase of 265.5%. (E-commerce News)

8. "Kuaishou Foodie" report: I love watching live broadcasts with goods the most, with women accounting for 58.1%

According to March 5, recently, the "2020 Kuaishou Food Industry Data Value Report" released by Kuaishou data marketing insight platform "Magnetic Data View" shows that in Kuaishou, 60 million food content views and more than 1,000 food orders will be generated every minute. The courier who delivers orders within one year can circle the earth 23 times while lying on the ground. It is worth noting that the proportion of female foodies in Kuaishou accounts for as high as 58.1%, and the proportion of people aged 40 and under reaches 82.7%. The growth rate of over 40 is growing. The report also shows that the live broadcast of clothing and food products has the highest number of views and is loved by Kuaishou foodies. (E-commerce News)

Cross-border newsletter

9. During the 13th Five-Year Plan period, the scale of cross-border e-commerce imports and exports in Guangzhou increased by 6 times

On March 5, the E-commerce Daily learned that during the 13th Five-Year Plan period, the import and export scale of Guangzhou through the customs cross-border e-commerce management platform increased from 6.75 billion yuan in 2015 to 47.2 billion yuan in 2020, a six-fold increase, ranking among the top in the country.

Previously, the latest "China Cross-border E-commerce Comprehensive Pilot Zone Urban Development Index Report (2020)" was held in Zhengzhou. Among the 105 cities in the country's cross-border e-commerce comprehensive pilot zone, Guangzhou ranks first among the leading cities, and the two indexes of the total development index and the scale index of development are the first in the country. During the 13th Five-Year Plan period, Guangzhou successively issued the "Implementation Plan on Accelerating the Development of E-commerce", "Several Measures on Promoting the Leap-forward Development of E-commerce", and "Several Measures on Promoting the High-Quality Development of Cross-border E-commerce in Guangzhou". (E-commerce News)

10. Sea's e-commerce business revenue increased by 178.3% year-on-year in Q4 last year

According to reports on March 5, Singaporean Internet company Sea Limited released its full-year financial report for Q4 and 2020 on the 2nd. The financial report showed that the company's revenue in Q4 2020 reached US$1.57 billion, a year-on-year increase of 101.6%, and its gross profit margin was US$530 million, a year-on-year increase of 101.5%.

Data shows that the company's e-commerce and digital finance businesses are developing at accelerating. In Q4 2020, Sea's e-commerce business revenue reached US$842 million, a year-on-year increase of 178.3%; the e-commerce business revenue for the whole year reached US$2.2 billion, a year-on-year increase of 159.8%.

Sea's digital finance business SeaMoney includes digital payment businesses AirPay and ShopeePay, as well as ShopeePayLater similar to Huabei. (E-commerce News)

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