#Laogao E-commerce Newsletter# [E-commerce Evening News on March 16]

#Laogao E-commerce News# [E-commerce Evening News on March 16] Evening News : Heytea responded to using Wandianzhang Company’s camera: it does not have facial collection and other functions; iMedia Consulting released a white paper on cross-border trade CRM development; Lei Jun: The new Xiaomi laptop Pro is about to return; Xianyu sets up a cooling-off period for reselling "funds are losing money".

E-commerce newsletter

1. Heytea responds to using Wandianzhang Company’s camera: it does not have facial collection and other functions

      On March 16, the 2021 "3.15 Gala" disclosed that many merchants used cameras with "face recognition" function from Suzhou Wandianzhang Network Technology Co., Ltd. (hereinafter referred to as Wandianzhang) in their stores, collecting consumer information without the knowledge of the customer. Today, Heytea responded that the equipment it purchased was a video surveillance management system, which was only used for maintaining public safety and corporate kitchens. It does not have functions such as facial recognition and face collection, and does not touch on consumer privacy information. (Source: China News Service)

2. Gome announced to participate in the "Seven-day Offline Shopping No-Reason Return Commitment" event

      March 16th news, yesterday, the State Administration for Market Regulation and China Central Radio and Television jointly issued an initiative to encourage the majority of physical operators to voluntarily participate in the "Seven-day Offline Shopping No-Reason Return Commitment" activity. In response, Gome announced its participation in this event. It is understood that Gome previously jointly launched the formulation of the group standard of the "Retail Buyer Product Selection Standards" with the China Federation of Commerce. This standard will be based on Gome’s real selection standards, and will formulate strict screening standards for each step to achieve standardization of product selection, and at the same time standardize price and guarantee services, delivery and delivery services, return and exchange services, logistics services, after-sales services, etc. (E-commerce News)

3. Tencent, Alibaba affiliated companies and other companies have invested in the aggregation payment service provider "Lichusaube"

      According to the news on March 16, Tianyan Check information showed that on March 15, Wuhan Lichu Business Service Co., Ltd., an affiliated company of the aggregation payment service provider "Lichu Saobei", underwent a number of industrial and commercial changes, with new shareholders Guangxi Tencent Venture Capital Co., Ltd. and Shanghai Yunxin Venture Capital Co., Ltd., and the shareholding ratios of the two companies were about 14%. At the same time, the company's registered capital increased from about 13.26 million yuan to about 16.44 million yuan, an increase of 24%. Among them, Shanghai Yunxin Venture Capital Co., Ltd. is wholly owned by Ant Technology Group Co., Ltd. It is reported that as of April 2019, Lichu Saobei has covered more than 400 prefecture-level cities across the country, with nearly 700,000 merchants under it, 12 million transactions per day, and 200 billion yuan of transactions accepted annually. (E-commerce News)

4. Lei Jun: The new Xiaomi laptop Pro is coming soon

On March 16, Xiaomi Group Chairman Lei Jun said on his Weibo today: Mi fans have been waiting for a long time, and the brand new Xiaomi laptop Pro is about to return. It is reported that Xiaomi Laptop Pro is a new laptop released by Xiaomi in Beijing in September 2017, with a minimalist metal body design. (E-commerce News)

5. Xianyu sets up a cooling-off period for reselling “funds lost”

      According to reports on March 16, Xianyu has set up a "resale cooling-off period" for users who are disappointed in their investment. If a user searches for "Fund Loss" on the Xianyu App, a prompt column will appear on the page, saying: All friends who resell idle items due to "Fund Loss" please give yourself a cooling-off period and beware of selling precious memories on impulse. Please put items on the shelves in 10 minutes. Previously, Xianyu pushed a letter to users to the majority of fund investors, which mentioned that more than 200,000 netizens rushed to Xianyu last week and posted the item information of "The fund lost money and transferred XX with tears". (E-commerce News)

Internet news

6. It is said that Taobao special price version has been registered with WeChat mini program and will support WeChat payment.

      According to Yibang Power Network, recently, a source broke the news that Taobao Special Price Edition has registered a WeChat mini program and will support users to use WeChat to pay. According to a screenshot of an important notice sent to merchants from Taobao Special Edition provided by the source, Zhejiang Taobao Network Co., Ltd., Taobao (China) Software Co., Ltd. and its affiliated companies plan to open Taobao Special Edition mini programs and support WeChat payment and other payment channels on the Taobao Special Edition APP in specific scenarios. However, there are currently no mini programs related to several Taobao companies in the notification when searching using WeChat. Relevant people from WeChat mini programs said that the mini program has not been officially launched yet. (Yibang Power News)

7. Amazon Enterprise Purchase: Global annual sales estimated to reach US$25 billion in 2021

      On March 16, it was learned from Amazon's global store opening that today, Amazon announced the latest progress in its global business of "Amazon Enterprise Purchase". Currently, Amazon Enterprise Purchase serves more than 5 million corporate and institutional customers around the world, with global annual sales estimated to reach US$25 billion in 2021, of which third-party sellers account for more than 50%. Taking the United States as an example, the two fastest growing customer groups of Amazon Enterprise Purchase are public institutions and large enterprises. 80% of Fortune 100 companies are Amazon Enterprise Purchase customers. Amazon Enterprise Purchase also serves 92 top 100 hospitals in the United States, more than 90 local governments with the top 100 population, and more than 75,000 non-profit organizations. (E-commerce News)

8. JD Logistics specially customized Wuhan cherry blossom theme express box

      On March 16th, JD Logistics recently specially customized the cherry blossom theme express box "Access to enjoy cherry blossoms in spring - Wuhan Waiting for You in 2021" to deliver exclusive Wuhan cherry blossom season small surprises to friends from Wuhan and other places. Visitors only need to scan the QR code on the express box to see a carefully prepared cherry blossom viewing guide, and clearly understand the time of the spring benefit activities in Wuhan, reservation channels, and 30 kinds of viewing strategies representing flowers. It is reported that starting from March 10, cherry blossom theme express boxes will be sent out from Wuhan one after another. (E-commerce News)

Cross-border newsletter

9. iMedia Consulting releases the white paper on the development of cross-border trade CRM

      March 16th news, recently, iMedia Consulting released the "2020-2021 China Cross-border Trade CRM Development White Paper". The white paper shows that the market size of China's CRM industry in 2019 was 3.5 billion yuan, a year-on-year increase of 16.7%, and is in the stage of market expansion. In the analysis of the development status of cross-border trade CRM service providers, the white paper takes "Xiaoman Technology" and its product OKKI CRM as an example, introducing industry hot spots, financing situations, etc. It is understood that Xiaoman Technology received hundreds of millions of round D investment from Alibaba in August 2020 and carried out in-depth cooperation with Alibaba International Station. (E-commerce News)

10. US Postal's revenue in fiscal 2021 USD 21.5 billion increased by 11.1% year-on-year

      March 16th news, recently, the US Postal Service announced its financial results for the first quarter of fiscal year 2021 (October 1, 2020 to December 31, 2020), with total revenue of US$21.5 billion, an increase of US$2.1 billion year-on-year, an increase of 11.1%; net profit was US$318 million; excluding non-cash employee compensation adjustments and time-limited peak surcharges, the loss of approximately US$650 million this quarter. Data shows that compared with the same period last year, its marketing email revenue decreased by US$246 million, a decrease of 5.6%, and the number of emails decreased by 788 million pieces, a decrease of 3.9%. The transportation and parcel business revenue increased by US$2.8 billion, a increase of 42.1%, and the business volume increased by 435 million pieces, a decrease of 25%. (E-commerce News)