#Laogao E-commerce Newsletter# [E-commerce Evening News on March 18]

#Laogao E-commerce News# [E-commerce Evening News on March 18] Evening News : Jiangsu Province's cross-border e-commerce import and export value growth rate reached 4.6 times from January to February this year; Tencent Xiaohongshu affiliated companies have invested in the contact lens brand MOODY; Dingdong Maicai officially entered the first batch of 7 sites in Tianjin.

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E-commerce newsletter

1. Alibaba's stock price is now at HK$238 and the market value returns to HK$5 trillion.

      According to reports on March 18, Alibaba's Hong Kong stocks rose by more than 6%, and their market value returned to HK$5 trillion. As of 11:19 am today, Alibaba rose 6.92% to HK$238.00, with a total market value of HK$516.197 million. (E-commerce News)

2. The 6th JD Sleep Festival kicks off, and the "Five Senses New Experience" sets off a new height for healthy sleep

      At present, more than 300 million people in my country have sleep disorders, and "save sleep" has become a focus of attention for the whole nation.

      From March 19 to 22, the 6th JD Sleep Festival was grandly opened. With the theme of "Five Senses New Experiences Good Sleep Every Day", it advocates the upgrade of the bedroom space to the five senses of vision, hearing, smell, touch, and warm feeling, creating an overall solution for immersive bedroom sleep for consumers and opening a new era of sleep experience.

      During the event, JD Home not only joined hands with Xilinmen, Mussi, Shuda, Yalan, Fuanna, Luolai, Lumi and other major domestic and foreign brands to launch many exclusive new products, but also launched bedroom renovation services to bring consumers a one-stop bedroom space solution of "product + service". At the same time, services such as "mattress purchase assistant" and "mattress renewal subsidy" have been opened in considerately to "reduce the burden" for consumers to help them sleep. (Europe)

3. Tencent Xiaohongshu affiliated company invests in the contact lens brand MOODY

      According to the news on March 18, Tianyancha App showed that on March 17, Shanghai Mudi E-Commerce Co., Ltd., an affiliated company of MOODY, had a number of industrial and commercial changes, with new shareholders Guangxi Tencent Venture Capital Co., Ltd., Xiaohongshu Technology Co., Ltd., CMD Cosmetics Contacts Limited, and the main personnel were newly added Lin Wei and others. At the same time, the company's registered capital increased from about 2.334 million yuan to about 2.714 million yuan, an increase of about 16.3%.

      Shanghai Mudi E-Commerce Co., Ltd. was established in October 2019. The legal representative and largest shareholder are Ciran, with a shareholding ratio of approximately 41.53%. The company's business scope includes Internet sales, technology development in the field of education and technology, computer system integration, bathroom utensils and daily necessities sales, enterprise management consulting, and Class III medical device operation. MOODY focuses on short-term contact lens products, and its core users are white-collar female users aged 18-35 in first-tier cities. (Yibang Power)

4. Worth buying. Officially announced new positioning: a technology group focusing on the consumer industry.

      On March 18, Just now, Worth Buy announced a strategic upgrade, which will be upgraded from an Internet company focusing on shopping guides to a technology group focusing on the consumer industry. In the future, Worth Buy will focus on the content ecosystem and expand its three aspects of consumer content, marketing services, and consumer data through internal innovation and external investment. (Yibang Power)

5. ZTO Express: The number of parcels in 2020 reached 17 billion pieces, and the market share expanded to 20.4%.

      ZTO Express issued an announcement stating that the number of parcels in 2020 will reach 17 billion pieces, and the market share will expand to 20.4%. The adjusted net profit was achieved under the epidemic and fierce competition. Dividend per share will be paid $0.25 in 2020. I have applied to resume trading at 1 pm this afternoon. (Europe)

Internet news

6. You can buy medicine on Ele.me and get medical insurance: The first national pilot is implemented in Zhejiang

      36Kr learned that on March 18, the reporter learned from the Jinhua Medical Insurance Bureau that recently, the "online ordering and delivery" medical insurance settlement in Jinhua officially started a pilot program. Local insured persons can place orders through Alipay, Ele.me, and Taobao to buy medicines in pilot pharmacies. Citizens who participate in insurance in Jinhua can visit Alipay homepage - Citizen Center - Medical Insurance Zone, activate and bind their own medical insurance electronic certificates to purchase medicines online. Or search for the needed medicines on Taobao or Ele.me and buy them at designated pharmacies marked "Medical Insurance Payment". (36Kr)

7. Dingdong Maicai officially entered the first batch of 7 sites in Tianjin

      According to DoNews news, today, fresh food e-commerce Dingdong Maicai officially entered Tianjin. According to reports, after Dingdong Maicai settled in Tianjin, the first batch of seven sites will cover the core urban areas such as Nankai District, Hongqiao District, Hebei District, and Dongli District in Tianjin, providing instant home delivery services for consumers about 3 kilometers around. It is understood that Dingdong Maicai has been launched in Beijing, Tangshan and Langfang before. It is worth mentioning that last month, Dingdong Maicai's affiliated company, Shanghai Yibaimi Network Technology Co., Ltd., also invested in and established an e-commerce company in Tianjin, namely Tianjin Chizhiyiheng E-commerce Co., Ltd. (E-commerce News)

8. Apple's spring conference may be postponed to April, and AirPods 3 may be absent

      36Kr learned that according to the whistleblower Jon Prosser, Apple's spring press conference may be postponed to April, rather than March 23, which was widely circulated. Product information may also be different from previous predictions. AirPods 3 may be postponed to the fall, but the long-awaited AirTags and new iPad Pro will still appear at the spring launch. (36Kr)

Cross-border newsletter

9. Changes in Amazon logistics delivery fees at Japan Station will take effect on June 16

      On March 18, the WeChat official account of "Amazon Global Store Opening" issued a notice today, announcing the changes in Amazon logistics and delivery fees at Japanese stations. The notice stated that Amazon will slightly increase the delivery costs of small items and standard size items: the delivery costs per piece of small items will be increased by 8 yen; the delivery costs per piece of standard size 2 items will be increased by 13 yen; the delivery costs per piece of standard size 3 items will be increased by 47 yen; the delivery costs per piece of standard size 4 items will be increased by 55 yen; the delivery costs of large items will remain unchanged, and the delivery costs of super-large items will be reduced by 10%. The change will take effect on June 16, 2021. (E-commerce News)

10. Jiangsu Province's import and export value growth rate reached 4.6 times from January to February this year

      On March 18, it was learned from the Jiangsu Provincial Department of Commerce that from January to February this year, the province's cross-border e-commerce import and export value growth rate reached 4.6 times. In addition, during the 13th Five-Year Plan period, the import and export volume of cross-border e-commerce in Jiangsu Province increased by 1.4 times per year. In 2020, Jiangsu's cross-border e-commerce B2C exports increased by 2.5 times, and more than 10,000 new companies have expanded their cross-border e-commerce business. It is understood that in 2020, Jiangsu added 12,000 new export enterprises, and the province's import and export scale has been ranked second in the country for 18 consecutive years and exports for 21 consecutive years. It is worth mentioning that the province has been approved for a total of 10 national cross-border e-commerce comprehensive pilot zones, and has built more than 90 cross-border e-commerce industrial parks and incubation bases and more than 200 overseas warehouses. (Yibang Power)