#Laogao E-commerce Newsletter# [E-commerce Morning News on April 2]

Morning News : Compensation for the "New Year's Day at Home" and the outbreak of travel consumption demand during the Qingming Festival holiday; Amazon plans to open a discount store for home and electronic products, and will sell inventory products at extremely high discounts; Ele.me's affiliated companies apply to register the "Blue Knight" trademark.

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E-commerce newsletter

1. Tmall’s new “door delivery” service specification will take effect on April 7

      On April 2, Tmall platform released the "door delivery" service specifications on April 1. This rule was announced on April 1, 2021 and will officially take effect on April 7, 2021. Tmall's "door delivery" service refers to the service that promises to deliver goods to the delivery address corresponding to the consumer's purchase order when a consumer purchases goods with the "door delivery" logo on Tmall, except in special circumstances. If the customer promises home delivery service but fails to perform it, if the customer initiates a complaint and determines that it is true, he will compensate 10 yuan in cash to the Alipay account bound to the consumer’s Taobao account. Each main order can only be compensated once. (E-commerce News)

2. Alibaba has added a new MMC business group: targeting near-site e-commerce, digitalization of husband and wife stores

      According to the Paper, last night, Alibaba Group partner Dai Shan released an open letter to all employees on Alibaba's intranet. Dai Shan said that Alibaba established an MMC business group on March 1. The MMC business group will continue to focus on the digital upgrade of small stores, so that small stores have stronger digital capabilities to serve surrounding consumers. Alibaba believes that the MMC business group is different from the current community group buying model, and its model is "near-market e-commerce". (Titanium Media)

3. Suning.com: As of March 31, the company has not implemented this share repurchase

      On April 1, Suning.com issued an announcement to disclose the progress of repurchasing the company's shares. It is understood that on January 29, 2021, Suning.com reviewed and passed the "Proposal on the Plan for Repurchasing Some Public Shares in 2021", which plans to use its own funds to repurchase the company's shares through centralized bidding transactions. The total amount of repurchases shall not be less than 500 million yuan (including) and shall not exceed 1 billion yuan (including), and the repurchase price shall not exceed 11 yuan per share (including). (E-commerce News)

4. Ele.me affiliated companies apply for registration of the "Blue Knight" trademark

      According to the news on April 1, Tianyan Check information shows that recently, Ele.me's affiliated company Lazas Network Technology (Shanghai) Co., Ltd. applied for registration of the "Blue Knight" trademark, with the application number 54547966. The international classification involves medical gardening. The current trademark status is in the trademark application. (Yibang Power)

Cross-border newsletter

5. In 2020, the number of eBay Russian sellers increased by 39% year-on-year

      According to the news on April 1, eBay data showed that the number of Russian sellers on the eBay platform increased by 39% year-on-year compared with 2019, and product exports also increased. Among them, the increase in fishing supplies reached 6302%, the increase in headphones reached 1797%, the increase in football collection cards reached 763%, the increase in laptops reached 254%, and the increase in hunting supplies reached 165%. At the same time, among the domestic domestic products in eBay, the fastest-growing categories include automotive parts and accessories, with an increase of 1812%. In eBay's most popular export merchandise subcategory, "auto parts and accessories" ranks second, accounting for 10% of the total sales of the eBay platform, with an average sales of US$104 per transaction. (Yibang Power)

6. Amazon plans to open a discount store for home and electronic products, and will sell inventory goods at extremely high discounts

      Amazon reportedly considers opening a discount store specializing in selling household goods and electronics, thus significantly expanding the company's growing physical store business. The discount stores will sell stock items in Amazon warehouses at extremely high discounts, people familiar with the matter said. Amazon is considering opening a permanent store this time, as well as temporary stores in shopping malls and parking lots, people familiar with the matter said. Amazon began initially considering and exploring the plan last year, but the COVID-19 pandemic and Fresh grocery chain forced many employees to focus on their daily operations. (Sina Technology)

7. Iflop: eBay has become the favorite purchasing platform for French collection enthusiasts

      According to the latest data from the French website Economie, 39% of French people are keen on collecting it. According to the latest Iflop survey, the favorite Taobao market for French collectors is the eBay platform. The latest collection trends in France surveyed by Iflop and eBay show that more than one-third of French collectors mainly live in Ile-de-France and Provence. They say they prefer to search for collections on the eBay platform, and 49% of them use eBay to search for collections. It is reported that French collectors spend an average of 321 euros on e-commerce platforms in 2020. (E-commerce News)

8. eMarketer: Walmart's U.S. e-commerce sales in 2021 will reach US$64.6 billion

      According to Fortune Chinese, eMarketer recently released a forecast that although Walmart's e-commerce business in the United States was successful last year, with sales increasing by 79%, becoming the second largest e-commerce company in the United States, Walmart is still far behind Amazon and will still be like this in 2021. eMarketer expects Walmart's U.S. e-commerce sales will reach $64.6 billion this year, while Amazon will reach around $367.2 billion. The company also said that although Amazon currently has nearly 40% of its U.S. e-commerce business share, it will occupy more. (E-commerce News)

Internet news

9. Compensation for "spend the New Year at home" and travel consumption demand exploded during the Qingming Festival holiday

      As the epidemic prevention and control situation improves, people who respond to the "New Year's Day at Home" initiative have decided to return home or travel, and booking tickets for many popular routes and travel products is booming. Relevant institutions predict that the number of travelers nationwide will reach 100 million during the Qingming Festival holiday, and industries such as transportation, commerce and retail are expected to usher in a compensation rebound. Fang Zexi, an industry analyst at Ctrip Research Institute, said that the domestic travel market during the Qingming Festival this year is much better than last year. Judging from the booking of various tourism and vacation products, the number of travelers during the Qingming Festival is expected to recover to the same level in 2019, and is expected to usher in the first small peak this year. (Europe)

10. UC browser was exposed by CCTV's 3.15 Gala and false advertisements follow-up: the agent was fined 153,000 yuan

      According to the Hunan Provincial Market Supervision Bureau, after CCTV's 3.15 Gala exposed that UC browser was suspected of publishing false and illegal medical advertisements, the Hunan Provincial Market Supervision Bureau and other departments conducted on-site inspections of two affiliated companies. On March 19, the Yuhua District Market Supervision Bureau filed a case for the release of uncensored medical advertisements by a certain Network Technology Co., Ltd. in Hunan (UC Browser Agent). On March 26, the Yuhua District Market Supervision Bureau imposed an administrative penalty of 153,000 yuan on the company. (Europe)