#Laogao E-commerce Newsletter# [E-commerce Morning News on June 3] On June 1, the overall transaction of Taobao live broadcast increased by nearly 600% year-on-year; Three Squirrels announced the revenue of listing prospectus of 2.87 billion yuan; Tmall 618: Juhuasuan sold more than 30 million items in one hour; JD 618 on the first day of the first day of the order amount in fourth-tier and below cities increased by 108% year-on-year; the United States requires visa applicants to provide social media accounts...

E-commerce newsletter
1. On June 1, the overall transaction volume of Taobao live broadcast increased by nearly 600% year-on-year.
Data shows that on June 1, the overall transaction volume of Taobao live broadcast increased by nearly 600% year-on-year. Among them, Viya’s live broadcast room only opened for one and a half hours, with a transaction volume exceeding 62 million, and 19 single products sold over one million, including skin care sets, facial masks, massage chairs and other products. Li Jiaqi sold 5,000 Shiseido Red Belly within 3 minutes, and the sales of this item alone exceeded 6 million. (36Kr)
2. Three Squirrels announced the listing prospectus revenue reached 2.87 billion yuan
According to June 3, today, the internet celebrity snack brand Three Squirrels issued its initial public offering and listed on the GEM prospectus. The report shows that Three Squirrels plans to issue 41 million shares and is expected to be listed on the Shenzhen Stock Exchange on June 12. According to the prospectus data, from January to March 2019, Three Squirrels achieved operating income of 2.87 billion yuan, a year-on-year increase of 27.17%; net profit attributable to parent company shareholders was 249 million yuan, a year-on-year increase of 6.95%. (E-commerce News)
3. Tmall 618: Juhuasuan sold more than 30 million products in one hour
On June 1, within 618 hours of Tmall, Juhuasuan sold more than 30 million products, and 360 products sold more than one million yuan; Perfect Diary matte lip glaze sold 250,000 pieces in one hour, German balea hyaluronic acid ampoule essence sold 120,000 pieces in one hour, and 263 products sold more than 10,000 pieces in one hour. Judging from the TOP list of transaction amounts, mobile phones, beauty and personal care are the three categories that consumers are most willing to spend money. (NetEase Technology)
4. The order amount placed in fourth-tier and below cities on the first day of JD.com 618 increased by 108% year-on-year
JD Big Data shows that the order amount placed in fourth-tier and below cities on the first day of JD 618 (June 1) increased by 108% year-on-year. In addition, the number of stores participating in JD Home and JD Stores increased by 300% year-on-year, and the transaction volume increased by 712% year-on-year. Among them, JD Home and JD Stores in Hubei, Guangdong, Zhejiang, Beijing, Anhui and other provinces and cities have the strongest offline consumption capacity. (36Kr)
5. Wuhan Zhongshang: intends to purchase 100% of the equity of Juran New Retail held by Alibaba and others
On the morning of June 3, Wuhan Zhongshang issued an announcement stating that it plans to issue shares to purchase 100% of Juran New Retail's equity held by 23 other counterparties including Juran Holdings and Alibaba, with a transaction price of 35.65 billion yuan. After the transaction is completed, 23 counterparty parties will become shareholders of the listed company. (Europe)
Internet Information
6. Yangzhou, Jiangsu: Takeaway rider will be suspended for one day after traffic violation
According to the traffic police department of Yangzhou, Jiangsu, they will wear a "tight hoop curse" on the "delivery guy" who has traffic violations - once traffic violations will be suspended for one day. The detachment and two takeaway companies jointly carried out the "civilized travel and safe food delivery" police-enterprise joint construction and governance action. Starting from June, traffic violations of food delivery vehicles will be rectified, and will be transferred to normal management in July. (E-commerce News)
7. The United States requires visa applicants to provide social media accounts
The US State Department has begun to require most US visa applicants to submit personal social media account information on their reasons for strengthening security reviews. This new regulation was implemented on May 31. When logging into the US visa application webpage, it was found that one step in filling out the application form requires filling in the personal accounts that have been used on 20 social webpages in the past five years. According to the visa application page, applicants need to submit their personal accounts on social media such as Douban, Facebook, Pinqu.com, QQ Space, Sina Weibo, Tencent Weibo, Twitter, Youku, etc. (Xinhua News Agency)
8. Baidu recalls old general Shi Youcai and will be responsible for the sales system of mobile ecological business groups
Baidu has recalled Shi Youcai, who will be responsible for Baidu's mobile ecological business group (MEG) sales system. Baidu internal source said, "Using Shi Youcai to return to the iterative sales system of Xiang Hailong is an active change of Baidu, and he has made comprehensive preparations for this handover." Shi Youcai is one of the members of Baidu's startup team. He joined Baidu in early winter 2001 and has served as sales director, vice president and other positions. He resigned from Baidu in May 2011. (Thunder Emperor touches the Internet)
9. State Post Bureau filed a case for investigation of FedEx
On June 3, in response to the incident of FedEx not delivering express delivery by name in China, Ma Junsheng, Director of the State Post Bureau, said that recently, he received a complaint from users that FedEx notified the express delivery without the user's consent and did not inform the user, and failed to deliver relevant express delivery by name in other places, which seriously damaged the legitimate rights and interests of users, disrupted the order of the express market, and violated relevant laws and regulations of my country's express delivery industry. Therefore, relevant state departments decided to file a case for investigation. (E-commerce News)
Cross-border e-commerce
10. Amazon China Cloud Service suddenly broke out in a large-scale failure yesterday, and the official said it was affected by the construction party's cutting off the optical fiber.
Affected by the construction party's cutting off optical fibers, Amazon China Cloud Services (AWS) suddenly broke out in a large-scale failure yesterday, and the relevant users were unable to connect to the Internet. The official response is recovering. AWS official statement said that due to the fact that several optical cables were cut off during overnight road construction in CN-NORTH-1 area last night, the Availability Zone could not connect to the Internet, which caused the failure of new instances in all Availability Zones to be unable to start. At present, the maintenance team has found the specific breakpoint and is trying their best to recover. (Wall Street News)
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