#Laogao E-commerce Newsletter# [E-commerce Morning News on March 29]

       #Laogao E-commerce Newsletter# [E-commerce Morning News on March 29] Morning News: The first bonded export ticket of Jiujiang Cross-border E-commerce Comprehensive Pilot Zone was successfully declared; Huawei obtained a payment license, and WeChat and Alipay ushered in a new rival; Liu Qiangdong stepped down as manager of Yiwu Shixin Huixing Logistics Co., Ltd.

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E-commerce newsletter

1. Alibaba invests in Chuangyi Software to open up the new home manufacturing platform of Pingpingjian Home Furnishing

      On March 28, Chengdu Zaoyi Software Co., Ltd., a domestic senior home custom information solution provider, received investment from Alibaba. Zaoyi Software will join hands with Alibaba's home manufacturing platform Lingping Intelligent Manufacturing and Home Decoration and Home Design Platform Lingping Designer to jointly establish a "new manufacturing platform". Based on the new manufacturing technology of "homologous integration", the three parties will use a set of data to connect both the home design and production ends, deeply drive the industry's industrial standard manufacturing standard manufacturing, and create an intelligent manufacturing ecological closed loop for the industry from design, production to fulfillment of contracts. (Yibang Power)

2. Liu Qiangdong stepped down as manager of Yiwu Shixin Huixing Logistics Co., Ltd.

      According to news on March 29, Tianyan Check information showed that Liu Qiangdong resigned as manager of Yiwu Shixin Huixing Logistics Co., Ltd. According to information, Yiwu Shixin Huixing Logistics Co., Ltd. was established in August 2018 with a registered capital of RMB 100 million. The legal representative is Liu Qiangdong's assistant Zhang Yun. The company's business scope includes warehousing services (excluding dangerous goods), domestic cargo transportation agents, packaging services for general goods (excluding printing), own house rental, water and electricity charges, property management, and technical consultation, technical services, software development and software design related to warehousing and logistics services. Tianyancha equity information shows that the company is wholly owned by JD Bright Development XIV (HK) Limited. (Yibang Power)

3. Meituan CEO Wang Xing: Half of the new business losses of 6 billion in the fourth quarter come from Meituan Youxuan

      On March 27, at the conference call for Meituan's fourth quarter and full-year financial report in 2020, Meituan founder and CEO Wang Xing said that in the fourth quarter, the company's new business operating loss was 6 billion, half of which came from Meituan Youxuan. But Meituan Youxuan is a major opportunity for the company to expand its market and can help the company cover hundreds of millions of new users. We are committed to gaining a leading position in the community group buying industry. (Yibang Power)

4. Youzan released its 2020 results: the number of chain merchant stores has increased by 10 times, and the total transaction volume has exceeded 100 billion

      36Kr learned that China Youzan (08083.HK) released its 2020 results. Performance shows that in 2020, the total transaction volume of merchants served by Youzan reached RMB 103.7 billion, a year-on-year increase of 61%; 59,940 new paid merchants were added, a year-on-year increase of 10%. The average annual sales of merchants exceeded 1 million, an increase of 36% year-on-year. In 2020, Youzan officially entered the new retail "100 billion club", and its penetration into the real economy is becoming increasingly deeper and an important driving force in the field of "store digitalization". Youzan Chain, (36Kr)

Cross-border newsletter

5. Wish implements updates to newly created secondary warehouses and more products to enjoy the benefits of Wish Express

      On March 26, according to Yien.com, Wish announced that in order to improve the flexibility and delivery capabilities of secondary warehouses, Wish will implement three updates to all newly created secondary warehouses. The newly created secondary warehouse can now be shipped to all destination countries currently supported by Wish, but the seller needs to enable the corresponding destination country in the Account-Delivery Settings first. The expansion of this delivery scope means that all products supported by Wish that offer fast delivery services now have the opportunity to enjoy Wish Express benefits, including orange truck icons and possible increased exposure.

      According to reports, any product that is set by the seller for the destination country or region with a "longest payment days" less than or equal to 5 working days (except for the 12 countries listed in Merchant Policy 10.2) will be regarded as Wish Express products and enjoy the benefits of Wish Express.

      It is worth mentioning that if the seller's order fails to confirm the right investment within the "longest free investment days" set in the corresponding destination country/region, the seller will be subject to compensation according to the "Merchant Policy 13-Warehouse Implementation Policy", and must bear the relevant refund responsibility or the order payment may be temporarily detained.

      Currently, newly created secondary warehouses can be delivered to any number of destination countries, unlike before that they can only be delivered to one destination country or a specific group of European countries. Sellers can set regional "longest payout days" and shipping fees for products in secondary warehouses, and are now only available in supported regions in Australia, Brazil, France, Spain and the United States.

It is understood that Wish currently has standard warehouses (main warehouses) and secondary warehouses. Among them, a secondary warehouse refers to an overseas warehouse located outside mainland China, and its orders can be delivered by any acceptable logistics service provider. (E-commerce News)

6. The first bonded export ticket of Jiujiang Cross-border E-commerce Comprehensive Pilot Zone "1210" was successfully declared

      According to reports on March 26, on the afternoon of March 26, Jiujiang Jiumi Suigaru Information Technology Co., Ltd. successfully completed the data declaration of the first bonded export ticket of the Jiujiang Cross-border E-commerce Comprehensive Pilot Zone through the "Unified Customs Cross-border E-commerce Export Edition" system, and sent 1.22 million yuan of cross-border e-commerce products to the overseas warehouse of Hamburg, Germany, marking the official opening and operation of cross-border e-commerce "1210" bonded export business in Jiujiang.

      It is reported that since the first order of the "1210" bonded import business was launched on November 11, 2020, less than 5 months have passed since Jiujiang people have "buy globally" to "sell globally" at their doorstep.

      It is understood that the goods that successfully declared "1210" exports were declared from Jiujiang Comprehensive Bonded Zone, left the country from the Alxa Port, and then entered the Hamburg overseas warehouse in Germany. The overseas warehouse adopts the "order is not placed, goods will go first" operation model, and ships are shipped nearby in the destination country, which can greatly reduce the transportation time. Under the "1210" bonded export model, qualified foreign trade enterprises can transport goods to major overseas warehouses and terminal consumers by simply preparing stocks in the bonded warehouses of Jiujiang Comprehensive Bonded Zone. This model can achieve tax refunds upon entry into the zone, and has the advantages of simple tax refund process, short cycle, high efficiency, and reducing the operating pressure of production enterprises.

      Public data shows that Jiangxi Province’s cross-border e-commerce imports and exports were RMB 2.63 billion in 2020, an increase of 323.7 times. (Sina Technology)

7. Guangdong Province Cross-border E-commerce Industry and Education Alliance officially unveiled

      According to March 28, the 2021 International Cross-border E-commerce Industry Expo was held in Guangzhou from March 26 to 27. This is the first large-scale cross-border e-commerce exhibition in Guangdong Province with more than 10,000 exhibitors this year. In order to make up for the talent gap in the development of cross-border e-commerce in Guangdong, under the guidance of the Guangdong Provincial Department of Education, the Guangdong Cross-border E-commerce Industry-Education Alliance was officially unveiled. 14 universities including South China Normal University, South China University of Technology, South China Agricultural University, Jinan University, Guangdong University of Technology, and Guangzhou University will work together with leading industry companies such as Alibaba AliExpress, Amazon, and eBay to cultivate cross-border e-commerce talents. (E-commerce News)

8. Indonesian social e-commerce platform KitaBeli completes US$10 million Series A financing

      On March 27, Indonesian social e-commerce group buying application KitaBeli announced that the company has completed a US$10 million Series A financing. This round of financing was led by Go Ventures, and Gojek is the cornerstone investor of the Go Ventures. AC Ventures and East Ventures, which participated in "Kitabeli" investment earlier, also participated in this round of financing. (Yibang Power)

Internet news

9. Huawei has obtained a payment license, and WeChat and Alipay have ushered in a new competitor.

      The mobile payment industry ushers in a new "player". Tianyan Check shows that Huawei has obtained a payment license by acquiring 100% of Xunlian Zhifu's equity. With Huawei's entry, the two giants, WeChat Pay and Alipay, may have a new competitor. (Sina Technology)

10. Didi affiliated companies disclose patents related to "carpooling order processing method"

      According to the news on March 29, Tianyan Check information showed that on March 26, Didi's affiliated company Beijing Didi Infinite Technology Development Co., Ltd. disclosed the patent of "a carpooling order processing method, device, electronic equipment and storage medium". The publication number is CN112561643A, and the application time is December 16, 2020. The patent summary shows that this application provides a carpool order processing method, device, electronic equipment and storage medium, which is applied to a server, which can improve the matching efficiency of carpool orders and the travel efficiency of users, and has a better user experience. (Yibang Power)