"#Laogao E-commerce Newsletter# [E-commerce Morning News on September 24] Alibaba: AliExpress orders have increased by more than 100% for three consecutive quarters; Taobao and Tmall Jiang Fan: The average annual consumption of new users in the past two years has exceeded 2,000 yuan; Pinduoduo plans to issue convertible bonds of US$875 million; Ele.me CEO Wang Lei: There will be no more crazy subsidy wars for takeaway; Kuaishou promotes the "Gourmet Plan" to provide traffic support worth more than 1 billion yuan...
E-commerce newsletter
1. Alibaba: AliExpress orders grew by more than 100% in three consecutive quarters
On September 23, Liu Peng, general manager of Tmall Import and Export Business Group, disclosed that as of now, the number of overseas brands entering Tmall International has exceeded 22,000, covering more than 4,300 product categories, and products come from 78 countries and regions. It said that Lazada is the e-commerce platform with the most consumers and the fastest growth rate in Southeast Asia. As of August this year, there were more than 50 million active consumers in the year, with orders growing by more than 100% for three consecutive quarters, and the growth rate in the second quarter of 2019 was 128%. (E-commerce News)
2. Taobao and Tmall Jiang Fan: In the past two years, the average annual consumption of new users exceeds 2,000 yuan
On September 23, at the 2019 Alibaba Global Investors Conference, Taobao Tmall President Jiang Fan disclosed two data on the sinking market for the first time, namely, the coverage rate of Taobao's group among the people in the sinking market has exceeded 40% in the past two years, and the average annual consumption of new users in the sinking market exceeded 2,000 yuan. (E-commerce News)
3. Pinduoduo plans to issue US$875 million convertible bonds
On September 24, Pinduoduo (NASDAQ: PDD) announced that it plans to issue US$875 million convertible priority bonds. The initial bond subscriber can subscribe for an additional $125 million in 13 days. Based on this, it is speculated that the scale of Pinduoduo's issuance will be around US$1 billion.
Pinduoduo said that the proceeds from this issuance will mainly be used for platform R&D investment and the construction of new agricultural infrastructure. As one of China's largest upward platforms for agricultural products, Pinduoduo will continue to invest heavily in agricultural science and technology research and development and the construction of agricultural products upward systems, accelerate the promotion of China's agricultural modernization process, and create more value for agricultural producers and 483 million consumers on the platform. (Titanium Media)
4. Taoxianda completed the basic digital transformation of 23 supermarket brands, and its access stores covers 278 cities.
On September 23, at Alibaba's 2019 Annual Global Investor Conference, Li Yonghe, president of Tmall Supermarket Business Group, announced that Tmall Supermarket's Taoxianda has helped 23 retail supermarket brands across the country, including RT-Mart, Auchan, Xinhuadu, Sanjiang Shopping, etc., complete basic digital transformation. There are more than 800 renovated stores, covering 278 cities across the country. Taoxianda will launch a new retail transformation 2.0 solution for supermarkets in the near future, and Taoxianda 2.0 will focus on expanding more abundant and comprehensive application scenarios. (Europe)
5. Australian Cargo Airlines receives Boeing 747-8F cargo aircraft for Chinese market
On September 23, the Qantas Freight fleet recently welcomed a new member. The first of the two Boeing 747-8F cargo planes that had previously announced wet leases have successfully arrived in Sydney recently. It is expected that the second Boeing 747-8F cargo plane will be officially put into operation by the end of August.
It is reported that the two new cargo planes will serve cargo routes between Australia and China and the United States, and will then join the operation of a new route network that is in the opening stage.
It is understood that the most iconic front nose hatch door of the Boeing 747-8F cargo aircraft will help the smooth loading of super-large cargo. The new generation of cargo aircraft will be operated and managed by Atlas Air on behalf of Qantas. This model increases space by 20% compared to the Boeing 747-400F, enough to put down 7 aviation container panels. (E-commerce News)
Internet news
6. Ele.me CEO Wang Lei: There will be no more crazy subsidy wars for takeout
According to September 23, Wang Lei, president of Alibaba Local Life Services and CEO of Ele.me, believes that there will be no more crazy subsidy wars in the future. At present, the entire industry is not in a particularly healthy state. For the platform to increase the commission ratio, I hope not to increase the deduction method to obtain the dividends of traffic. (E-commerce News)
7. Kuaishou promotes the "Gourmet Plan" to provide traffic support worth over 1 billion yuan
9月23日下午消息，在“快手光合创作者大会”上，快手宣布两个月来已投入价值12亿元以上的流量扶持优质创作者成长，快手平台的创作者粉丝数量、视频发布量和播放量都有显著增长。据统计，20多个内容领域创作者粉丝量增长了15%。快手高级副总裁马宏彬表示，未来快手将每天持续向优质创作者提供价值3000万元的流量和更多创新玩法机会。会上，快手宣布推出“美食家计划”，全年提供总价值10亿元的流量，聚焦美食领域优质创作者和内容扶持。（财经头条）
8. Tencent Holdings: It plans to hold 51.2% of the equity of the consortium holding Supercell
On September 23, Tencent Holdings issued an announcement stating that the company plans to convert its convertible bonds in consortium Halti SA into consortium shares and increase its voting shares from 50% to 51.2% through its wholly-owned subsidiary. After the conversion is completed, the consortium will become a subsidiary of the company, and the financial performance, assets and liabilities of the consortium will be incorporated into the financial statements of the group. (E-commerce News)
9. Ele.me announced the goal of "three 1 million" to be achieved ahead of schedule
At Alibaba's 2019 Global Investor Conference, Ele.me revealed that the "three 1 million" targets launched at the beginning of the year have been completed ahead of schedule.
At the beginning of this year, Ele.me announced the launch of the annual target of "three 1 million" including the launch of 1 million merchants, the digital upgrade of 1 million merchants, and the addition of 1 million jobs.
It is reported that from January to September 20 this year, Ele.me has added more than 1 million active merchants. (Yibang Power Network)
Cross-border newsletter
10. Important reminder: Starting from October 1, eBay will collect Internet sales tax in eleven states including California, USA
Starting October 1, 2019, eBay will collect Internet Sales Tax (Internet Sales Tax) in eleven U.S. states for applicable transactions in accordance with regulations. These states include:
Arizona, California, Colorado, Maine, Maryland, Massachusetts, Nevada, North Dakota, South Carolina, Texas and Utah. Sellers do not need to take any action for states where eBay collects and pays Internet VAT on behalf of others.
It is reported that for the states where the law stipulates that eBay collects Internet sales tax, regardless of where the seller is or where the item is located, after the implementation time of each state, if the buyer is located in the above-mentioned states that apply to the sales tax, eBay will automatically calculate the Internet sales tax that the transaction should be paid and display the tax amount on the payment page. The Internet sales tax will be paid by the buyer and collected and paid by eBay on its own. eBay does not charge sellers additional fees for this service. Continue to collect and pay relevant applicable taxes in these states and comply with any other applicable tax provisions in these states prior to these formal implementation dates. (Hugo.com)
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