E-commerce newsletter
1. JD Spring Festival data: sales of post-80s and post-90s account for more than 70%
According to February 11, JD Big Data Research Institute recently extracted data from February 3 to 8, 2019 and summarized the e-commerce trends during this year's Spring Festival. During the Spring Festival, users born in the 1980s and 1990s were the main consumer groups, with sales accounting for more than 70%. According to the sales proportion of various age groups, the post-90s generation prefers to purchase "high single value" products such as mobile phones, jewelry, and clocks, while the sales of post-90s generations exceeds 30%; the post-80s generation prefers to purchase maternal and infant products (sales account for more than 66%), automobile supplies and household appliances; the post-70s generation buys more books (sales account for more than 38%), fresh food and alcohol products; the elderly born in the 1950s and 1960s generations prefer to purchase agricultural supplies, gardening, clothing and home products. (Yibang Power)
2. Alibaba Spring Festival data: Tmall semi-finished dishes increased by 1683% year-on-year
On February 11, Alibaba released the "2019 Spring Festival Economic Report", analyzing the consumption of users on Alibaba-based platforms during the Spring Festival. During the Lunar New Year, more than 3 million big brands launched their first New Year models on Tmall. Taobao’s Spring Festival specialty “Guess the Painting and Treasure Hunt” activity attracted more than 100 million people to interact, with the number of overseas travelers increasing by 28%, and island tours around the world increased by more than 90%. On the opening day of the New Year’s Goods Festival, the transaction volume of Tmall Elf in rural areas increased by more than 400 times. Among them, during this Spring Festival, several types of consumption closely related to residents' lives have increased significantly, especially consumption such as travel, shopping, catering, and culture and entertainment. (Yibang Power)
3. Suning: Overall order volume of omnichannel increased by 241.42% during the Spring Festival in 2019
Suning Big Data shows that compared with last year, during the 2019 Spring Festival holiday, Suning's overall order volume across all channels increased by 241.42%. The 10 largest cities with the fastest growing orders include: Yinchuan, Xining, Taiyuan, Nanning, Lanzhou, Baotou, Langfang, Xi'an, Kunming, Xiamen, and Shijiazhuang. In addition, during the Spring Festival, the overall sales of Chilean cherries reached 1 million jin, an increase of 1268.6% year-on-year, and the overall sales of seafood gift boxes of different specifications reached 100,000 boxes, an increase of 1526% year-on-year. (36Kr)
4. China UnionPay: The total amount of online transactions during the Spring Festival reached 1.16 trillion yuan
2月11日消息，中国银联发布最新春节消费数据显示，春节假日期间银联网络交易总金额突破万亿级，达1.16万亿元，较去年同期增长71.4%。中国银联数据分析师陈汉分析，今年春节消费有两个特点值得关注，第一是老百姓更舍得花钱，不论是孝敬老人、奖励晚辈还是犒劳自己，交易都有显著增长；第二是文化娱乐和旅游消费增长迅速，成为今年过年的消费亮点。（电商报）
5. Cainiao releases logistics data for "No Closed for the Spring Festival": consumption of imported goods in the central and western regions accelerates
According to news on February 11, Cainiao data shows that during this year's Spring Festival, the top ten cities with the largest delivery volume of Tmall's "Spring Festival" are Shanghai, Beijing, Hangzhou, Guangzhou, Shenzhen, Chengdu, Suzhou, Wuhan, Tianjin and Ningbo. This year, the purchase of imported goods on Tmall International during the Spring Festival this year increased significantly compared with last year. The fastest growing cities include Tacheng, Wuwei, Gansu, Zhongwei, Yunnan, Lijiang, Aba, Sichuan, Huangnan, Nujiang, Yunnan, Hotan, Xinjiang, Longnan, Gansu, Xing'an, Inner Mongolia and other places. (E-commerce News)
Internet news
6. JD.com acquires 100% of the equity of Beijing Cuigong Hotel for 2.7 billion yuan, becoming the only shareholder
According to Tianyan Check website, Beijing Jingdong Shangke Information Technology Co., Ltd. acquired 100% of the equity of Beijing Cuigong Hotel Co., Ltd. for 2.7 billion yuan, and JD Shangke has become the only shareholder of Beijing Cuigong Hotel. According to public industrial and commercial data, the acquirer of this time, JD Shangke is a wholly-owned subsidiary of Beijing JD Century Trading Co., Ltd., and the legal representative is Liu Qiangdong. (Sina Finance)
7. Ant Financial Spring Festival Big Data: The number of people born in the 1960s who use Alipay abroad increased by 1.3 times
According to the news on February 11, Ant Financial's Spring Festival outbound travel big data shows that a relatively obvious trend is that overseas mobile payment consumption has gradually penetrated into the sinking channels, and the number of people born in the 1960s using Alipay has increased the highest, at 1.3 times; the per capita consumption in third- and fourth-tier cities has increased by more than that in first- and second-tier cities. With the upgrading of consumption, mobile payment has become a choice for more Chinese people to spend abroad. (E-commerce News)
8. Shanghai Cyberspace Administration of China retested 23 interviewed APPs involving No. 1 Store, Xiaohongshu, Pinduoduo, etc.
According to February 11, recently, the Shanghai Cyberspace Administration of China conducted a security spot check on the application for the 23 most commonly used local apps to obtain user personal information and other permissions, and interviewed 23 App operators in accordance with the law on issues such as unreasonable application permissions and excessive request for user personal information found during the spot check. All enterprises are required to do a good job in rectification in accordance with the rectification report. TechWeb)
9. The list of rich people under the age of 40 has been released: Huang Zheng is second only to Zuckerberg
According to the Bloomberg Billionaire Index, among the top ten billionaires under the age of 40 in the world, Zuckerberg ranked first with a personal wealth of $65.5 billion, and Pinduoduo founder Huang Zheng ($13.7 billion) rose from third to second. Other Chinese billionaires on the list include Zhang Bangxin, founder of Future Education (US$5.5 billion), Wang Tao (US$5.2 billion), Bitmain co-founder Zhan Ketuan (US$5.2 billion), and Wang Xing (US$4 billion), Meituan Dianping co-founder Wang Xing (US$4 billion). (Sina Technology)
Cross-border newsletter
10. African e-commerce Jumia reveals plans for 2019: may IPO in the middle of the year
Recently, Keefe, president of the Asia-Pacific region of African e-commerce Jumia, said that in 2019, the biggest thing for Jumia is to go public. "The information has been handed over to the China Securities Regulatory Commission and is in the review stage. If there is no problem, the bell will be ringing in July this year after the audit is completed in January." (Yibang Power)
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