#Laogao E-commerce Newsletter# [May 13 E-commerce Evening News] Taobao added performances and brokerage business; Mogujie added "Rules for Selection of Excellent Merchants" to standardize registration conditions; Pinduoduo launched the largest promotional activities, and joined forces with thousands of brands to create 10,000 "10,000 people group"; Taobao rush to buy new 50% off gameplay products registration inventory must be ≥50 pieces; WeMall's WeChat Mall's access to good products recommendation portal has been opened to merchants...
E-commerce newsletter
1. Taobao adds new performances and brokerage business
According to the news on May 13, Tianyan Check data showed that on May 8, the business scope of Zhejiang Taobao Network Co., Ltd. changed, adding "operating performances and brokerage business". The legal representative of the company is Jiang Fan and Zhang Yong is one of the ultimate beneficiaries. (Titanium Media)
2. Mogujie added "Rules for Selection of Excellent Merchants" to regulate registration conditions
On May 13, Mogujie, a female-sharing shopping community, recently issued an announcement on the addition of the "Rules for Selecting Category Quality Supply Chain Merchants". The announcement stated that the rule will officially take effect on May 19, 2019. This rule shows the relevant advantages of high-quality supply chain merchants. (E-commerce News)
3. Pinduoduo promotes the largest promotional event and join forces with thousands of brands to create 10,000 "Top Group"
Pinduoduo launched the largest promotional event, joining forces with thousands of brands to create 10,000 "Top Group" 6 hours ago shared with 36Kr news. In May, Pinduoduo launched the "Top Group of Better Life" event with the largest promotional efforts so far. During this period, Pinduoduo will jointly invest 10 billion subsidies with the brand, launch 10,000 standard products that break through the industry's price bottom line, create 10,000 "groups of ten thousand people", and achieve the activity goal of "starting competitions" of 100 million people and 100 million brand orders. A relevant person in charge of Pinduoduo said: In May, the platform will launch 3 customized products of "10,000 people group buying" every day, as well as 330 limited-time and limited-edition special products, basically covering all categories of products. (36Kr)
4. The recommended entrance to the WeMall for Good Goods is open to merchants
On May 13, WeMall and Smart Retail Solutions under WeMall officially launched the "Good Product Recommendation" function, adding more exposure opportunities and free social exchanges to e-commerce companies and increasing customer flow. It is reported that WeMall & Smart Retail Solutions under WeMall have officially connected to the WeChat "Good Product Recommendation" entrance and have been officially opened to merchants. (Yibang Power Network)
5. Taobao rush purchases new 50% off gameplay products registration inventory must be ≥50 pieces
According to May 13, Tmall recently announced that Taobao Purchase will add the "Tao Purchase "50% off" investment promotion standard" and will take offline the "Tao Purchase Quick Purchase Investment Promotion Standard". The adjustment will officially take effect on May 17. It is reported that "50% off" means a special right to get a 50% discount on the basis of a limited-time and limited-volume rush purchase price. Multiple items in a single pit show the upgrade model of sales, aiming to help merchants improve the sales efficiency of goods during the group opening period and achieve efficient matching of people and goods. (E-commerce News)
Internet news
6. Meng Wanzhou’s letter to all Huawei people on May 9: Thank you
Meng Wanzhou said in a letter to all Huawei people on May 9: "During this time in Vancouver, although the scope of activities is only 'some inches', the colors and world in my heart are unprecedentedly rich and vast. And I have never had the opportunity to be so closely connected with 188,000 Huawei people. Everything has a beautiful side, and this close and warm connection is as beautiful as the spring breeze." She said, "No matter how difficult and pressure I face, my heart can still be firm." (Sina Technology)
7. Midea Group: Midea will not engage in large-scale mergers and acquisitions in the next two or three years
Jiang Peng, secretary of the board of directors of Midea Group, said today at the 2018 annual shareholders' meeting of Midea Group that Midea has carried out large-scale mergers and acquisitions in recent years, including Kuka and Toshiba, and the overall integration speed is slower than the company's expectations. "The internal tone has been basically set. In the next two or three years, Midea will not do large-scale mergers and acquisitions. Although there are still many opportunities to seek mergers and acquisitions and investment, we will not make large investments and investments." (Interface)
8. Sales of the Fresh Fresh Double Products Festival reached 25.76 million yuan and increased by 18% year-on-year
On May 13, the sales of Shixing Fresh during the Double Product Online Shopping Festival reached 5.8 million, and the sales volume of goods reached 440,000. The overall sales of the entire network exceeded 25.76 million, an increase of 18% year-on-year and 19.2% month-on-month. Data shows that there are more than 50 brands participating in the Double Product Online Shopping Festival, involving more than 200 products. Vegetables increased by 198% year-on-year, and fresh meat, eggs and poultry increased by 186% month-on-month. China News Service brand owners of the Double Product Online Shopping Festival increased by 198% compared with usual conditions, and Tyson increased by 387% compared with usual conditions. The food store’s fresh food poverty alleviation vegetables increased by 224% month-on-month. (Financial Finance Channel)
9. Heytea responded that it received new financing from Tencent Sequoia and its valuation exceeded 8 billion yuan: Unverified, no response was made
In response to the news that "Heytea completed a new round of financing between Tencent and Sequoia, with a valuation of over 8 billion yuan", Heytea said: "We will not respond without confirmation." Previously, according to the self-media "Blue Hole New Consumption", Heytea, a well-known online tea brand in China, may have completed the latest round of financing with a valuation of over 8 billion yuan, and investors include Tencent and Sequoia Capital. At present, Heytea has not confirmed the matter to the public, and Blue Cave has not contacted the official for comment. (Sohu.com)
Cross-border newsletter
10. Amazon adds one-click booking function FBA shipments can lock the warehouse for free
On May 13, Amazon launched a new feature of "one-click booking" on the seller platform, namely Global Delivery Service (GSS), committed to helping sellers reduce logistics costs and increase product sales. It is understood that Amazon's global delivery service can help merchants send Amazon logistics inventory to Amazon operation centers around the world. (E-commerce News)
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