#Laogao E-commerce Newsletter# [E-commerce Evening News on April 21]

      #Laogao E-commerce News# [E-commerce Evening News on April 21] Evening News : Baoji is shortlisted as a national pilot city for cross-border e-commerce retail imports; the cross-border e-commerce supply chain platform "Yiwang Innovation Technology" completed nearly 100 million yuan in round A financing; Li Jiaqi: I hope to let the whole world see the Chinese beauty industry and domestic products.

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E-commerce newsletter

1. JD.com will launch the "one-stop multi-piece replacement" service

      On April 21, Apple held a 2021 spring press conference to release new products including the purple version of iPhone 12. At present, the old-for-new zone of JD Apple's self-operated flagship store has been upgraded and launched a "one-stop multi-piece replacement" service. JD.com announced that in the future, it will gradually launch a one-stop multi-piece replacement service in all mobile phone communication brands. Users can choose multi-scene service methods in the store and on-site, and will be delivered face-to-face by Aihui Engineer. (Yibang Power)

2. Zhejiang Development and Reform Commission formulates a plan: by 2025, the province's express delivery business volume exceeds 30 billion pieces

      On April 21, the Zhejiang Provincial Development and Reform Commission formulated and issued the "14th Five-Year Plan for the Development of Modern Logistics Industry in Zhejiang Province", which regards the postal express industry as an important part of the development of modern logistics. The "Plan" requires that by 2025, Zhejiang will become one of the provinces with the lowest logistics costs and the highest efficiency, and its comprehensive logistics strength ranks among the top in the country. 12 express professional logistics parks and 11 express distribution centers are planned to build; an intelligent and convenient same-city instant delivery network is built to achieve full coverage of intelligent express terminal receipt and investment facilities in urban built-up areas and administrative village express services, and accelerate the formation of a national leading postal express service system; the province's express business volume has exceeded 30 billion pieces, forming a daily peak processing capacity of more than 200 million pieces, and the revenue of express and postal business exceeds 200 billion yuan. (E-commerce News)

3. Li Jiaqi: I hope that the whole world can see the Chinese beauty industry and domestic products

      April 21, according to CCTV Finance, during the 2021 annual meeting of the Boao Forum for Asia, e-commerce anchor Li Jiaqi said in an exclusive interview that his dream is to be a beauty group belonging to China. "But I think I can do it if I want to do it now, but it is a bit irresponsible because I don't have enough time to do this, so when I feel that I am ready one day and I have enough time to do this, I hope that the whole world can see that the Chinese beauty industry, domestic products, and Chinese manufacturing are really excellent." (E-commerce News)

4. Alibaba: Laitu customizes Taobao's 10 billion market, with 10 million online products

      According to reports on April 21, Alibaba data shows that in the past year, Laitu has customized it into Taobao’s new 10 billion market. There are more than 100,000 Taobao sellers who mainly sell Laitu customization, and the number of online products reaches 10 million. Zhang Rui, head of Taobao’s corporate service, said that on Taobao, everything can be customized. It is understood that there are two categories of buyers of Laitu on Taobao, including small and medium-sized enterprises and individual consumers. The start of construction, team building, annual meetings, and annual thank-you nodes are often the peak period for customization of small and medium-sized enterprises. Every important day such as graduation, birthday, Valentine's Day, marriage, and childbirth, individual consumers often have strong demands for customized commemorative products for a sense of ritual. (Yibang Power)

5. Alipay: Before May Day, search volume of platform marriage-related services soared 4 times year-on-year

      On April 21, Alipay’s official Weibo released the 2021 May Day marriage search trend report today. Data from Alipay Digital Life Open Platform shows that as of now, the number of searches for marriage-related services has soared 4 times year-on-year compared with last year's May Day, and twice as much as before last year's National Day holiday. Among them, the number of people searching for "marriage registration and appointment", "marriage examination" and "marriage photos" on Alipay increased by 265%, 108% and 950% respectively compared with the same period last year. Judging from the current search popularity, Shanghai, Suzhou, Shenzhen, Beijing, Hefei, Nanchang, Hangzhou, Nanjing, Xi'an and Jinan may become the most popular cities for getting married on May Day. The person in charge of Alipay search reminds that users with marriage plans can search for "marriage" on Alipay, obtain and make an appointment for "marriage street" services in advance, and make reservations in advance without crowding. (Yibang Power)

Internet news

6. It is said that Kuaishou E-commerce plans to launch independent cross-border import business

      According to April 21, recently, news broke that Kuaishou e-commerce will do independent cross-border import business. This business will adopt a "closed loop" model, set up an independent Kuaishou cross-border store, and the official links to cross-border bonded warehouses. At present, Kuaishou E-commerce has been conducting the preliminary testing process with key merchants and bonded warehouses. It is worth mentioning that Douyin has launched its cross-border import business this year and achieved sales of over 100 million yuan in the first round of cross-border opening festival. It is also reported that Meituan Pharmaceutical is also investing in cross-border import merchants, and will launch cross-border import projects around May. (E-commerce News)

7. Cross-border e-commerce supply chain platform "Yiwang Innovation Technology" completed nearly 100 million yuan in Series A financing

      According to 36Kr, Yiwang Innovation Technology (Guangzhou) Co., Ltd. has completed a nearly 100 million yuan A round of financing led by Shenzhen Innovation Investment Group. In July last year, the company received an angel round investment from Yuexiu Industrial Fund, a subsidiary of the Guangzhou State-owned Assets Supervision and Administration Commission. According to information, Yichuang was established in April 2020. It is based on the independently developed Yiya supply chain platform, focusing on providing two core services to cross-border e-commerce sellers on platforms such as Amazon.com. At present, Yichuang has thousands of factory reserves, and it is expected that more than 30,000 sellers will become its platform customers by the end of the year. (E-commerce News)

8. Ministry of Culture and Tourism: Guide Douyin, Taobao, Pinduoduo, Baidu, etc. to improve the review system

      On April 21, it was learned from the WeChat work account of "Voice of Culture and Tourism" that in order to implement the requirements of the "Interim Provisions on the Management of Online Tourism Business Services", the Ministry of Culture and Tourism has strengthened the supervision of online tourism platform operators in a special rectification campaign, guided and urged them to fulfill their legal obligations such as information control, verification and registration, disposal reports, and information preservation, strengthened platform responsibilities, and promoted source governance. The Ministry of Culture and Tourism guides major Internet platforms such as Douyin, Taobao, Pinduoduo, and Baidu to strictly abide by the "Interim Provisions on the Management of Online Tourism Business Services", improve the internal review and management system, and fulfill the obligation to verify and register the authenticity of administrative licenses and other information of operators on the platform in accordance with the law, so as to compress the living space for operating travel agency business without permission from the source. (E-commerce News)

Cross-border newsletter

9. Baoji is shortlisted as a national pilot city for cross-border e-commerce retail import

      On April 21, with the approval of the State Council, six ministries and commissions including the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Finance, the General Administration of Customs and other six ministries and commissions recently jointly issued the "Notice on Expanding the Pilot Project of Cross-border E-commerce Retail Import and Strictly Implementing Supervision Requirements" (hereinafter referred to as the "Notice"). Baoji was successfully shortlisted for the national cross-border e-commerce retail import pilot city and is the only prefecture-level city in Shaanxi Province that can carry out this business.

      According to the "Notice", Kaifeng, Jiaozuo and Xuchang, which have a comprehensive bonded zone or bonded logistics center (type B), can also carry out online shopping bonded import (1210) business. Previously, Henan Province had only four pilot cities: Zhengzhou, Luoyang, Shangqiu and Nanyang.

In addition, Deyang, Mianyang, Nanchong and Yibin in Sichuan Province have the conditions to carry out 1210 business, and Sichuan has added 4 pilot cities for cross-border e-commerce retail imports. In 2020, the scale of my country's cross-border e-commerce retail imports exceeded 100 billion yuan.

      In 2020, my country's postal industry completed cross-border delivery business volume of 2.12 billion pieces throughout the year, supporting cross-border online shopping retail sales of more than 440 billion yuan. At present, my country has more than 200 direct postage countries and regions, and its self-operated international express network covers more than 60 countries and regions. With its increasingly sound logistics network, "Made in China" is better accessible to the world, and it has become easier for foreign products to enter China. (E-commerce News)

10. News says mobile phone company voice-transmission tests African cross-border e-commerce recruits e-commerce and payment talents

      According to Zhixiang.com, "The King of African Mobile Phones" Transsion will once again test cross-border e-commerce in Africa. Recruitment information shows that Shenzhen Asia-Africa Technology Co., Ltd. is currently recruiting a large number of Chinese people with e-commerce, payment experience, and based in Africa, including 50 overseas investment experts, 5 to 10 overseas payment experts, 20 overseas quality control experts and 20 customer service experts.

According to reports, Shenzhen Asia-African Technology Co., Ltd. was established in March 2021 and was jointly funded by Shenzhen Weihua Network Technology, the largest independent website seller in China and Transsion Holdings, the King of African Mobile Phones. It is now engaged in cross-border e-commerce business for mainstream African countries.

      The company is currently based in Nigeria, Uganda, Kenya, Ghana, Morocco and other countries, and is still expanding. Its business model is mainly independent websites, malls, and apps. The product direction is mainly 3C digital, small household appliances, clothing, beauty, home and daily necessities and other categories.

      It is worth mentioning that previously, Transsion's sub-brand Infinix launched an online shopping platform XMall, which focuses on 3C products in Egypt. Transsion has also launched the XPark platform to sell transonic products online.

      A securities analyst pointed out that Transsion's strategy is to combine existing mobile phone channels to perform secondary output. However, convenient and effective local logistics in Africa cannot yet form. International logistics companies such as DHL and TNT are relatively expensive, and the development of e-commerce is difficult. "In fact, these products are still very small at present, because the African market does have limited purchasing power, Transsion basically only earns hardware money. It may not be appropriate to compare it to 'African Xiaomi' at this stage." (E-commerce News)