#Laogao E-commerce Newsletter# [E-commerce Morning News on June 5] 1919: Tmall flagship store sales increased by more than 70% in cooperation with Alibaba; Yunji's first financial report after its listing: GMV in the first quarter increased by 93.7% year-on-year; Tmall added pre-sale timeliness guarantee standards for new channel operation centers; do you play with light luxury social e-commerce opening offline stores in third-tier cities? ; Guangzhou announced the winning results of Internet rental bicycle operators: Mobike ranked first in the share...
E-commerce newsletter
1. 1919: Cooperating with Alibaba with Tmall flagship store sales increased by more than 70%
According to June 4, 1919 Chairman Yang Lingjiang said that after comprehensive cooperation with Alibaba, the sales of Tmall official flagship store in 1919 increased by 73%, traffic increased by 121%, and the number of fans increased by 85%. Cooperation with Alibaba Cloud provided a digital transformation solution for alcoholic companies. In addition, in 1919, the daily order volume increased by 52 times and the conversion rate increased by 7.75 times. (Oriental Fortune Network)
2. Yunji's first financial report after its listing: GMV increased by 93.7% year-on-year in the first quarter
On June 4, the first stock of China's member e-commerce company, "Yunji", released unaudited financial data for the first quarter of this year. Data shows that as of March 31, 2019, Yunji's GMV in the first quarter reached 6.8 billion yuan (about US$1 billion), a year-on-year increase of 93.7%; and achieved total revenue of 3.3856 billion yuan (about US$502.8 million), a year-on-year increase of 53.2%. (Ai Faner)
3. Tmall’s new channel operation center pre-sale timeliness guarantee specifications
According to June 4, in order to ensure the convenience of consumer shopping and back-end services, the Tmall Channel Operation Center plans to add the "Speed Presale" Time Limit Guarantee Specifications for Channel Operation Center, which will officially take effect on June 11, 2019. It is reported that pre-sale timeliness guarantee means that when a distributor orders pre-sale goods on the "channel operation center", the supplier promises to ensure that the delivery is completed before 24:00 on the latest logistics delivery date displayed on the online order, otherwise the supplier will bear the corresponding breach of contract compensation. (Yibang Power Network)
4. Do you want to open offline stores in third-tier cities when you are light luxury social e-commerce?
According to June 5, as a social retail platform under Seku, Kudian officially entered the social e-commerce field in June 2018, positioning the mid-to-high-end and synchronizing the Seku supply chain, mainly selling goods through recruiting store owners and social fission. Unlike Secoo Mall, which focuses on luxury goods trading, Kustore focuses on light luxury products, including department stores, beauty and skin care, food and fresh food, etc. Its homepage displays daily main products and sells hot-selling products in different periods. According to statistics from the database store, one of the fresh food accounts for 1/3 of the total sales. (Yibang Power Network)
5. State Post Bureau: China Express Development Index in May was 198.4
On June 4, the State Post Bureau released a report today. According to estimates, China's express delivery development index in May 2019 was 198.4, an increase of 17% year-on-year, showing a steady and positive trend. The development scale index, service quality index and development capacity index were 212.4, 257.1 and 169.2 respectively, an increase of 24.2%, 10.6% and 23.8% over the same period last year, indicating that my country's express delivery market has overall improved in terms of development scale, service quality and development capacity. The development trend index is 68, the same as the previous period and remains relatively stable. (E-commerce News)
Internet Information
6. Guangzhou announces the winning results of Internet rental bicycle operators: Mobike ranked first in the share
Guangzhou City’s 2019 Internet rental bicycle operator bidding public evaluation results, Mobike ranked first in the comprehensive score, with a winning share of 180,000. Hello Bicycle won the bid share of 120,000, while Qingju Bicycle won the bid share of 100,000. The public announcement date is from June 4, 2019 to June 10, 2019. This tender will divide Internet rental bicycle quotas for specific operators, mainly examining the capabilities of each operator in enterprise operations, vehicle management, information technology, etc. (Tencent Technology)
7. Baidu responds to Vice President Zheng Zibin's resignation: Confirm
百度公司副总裁郑子斌将于近日离职。对此，百度方面回应称：确认。2019年2月，百度集团发布内部邮件，宣布对三位副总裁沈抖、吴海锋、郑子斌进行干部轮岗调整。郑子斌全面负责以CRM为基础的创新业务，与沈抖、吴海锋继续向搜索公司总裁向海龙汇报。目前，向海龙已离职。（新浪科技）
8. Bezos buys two-story apartment in Manhattan for $80 million
Amazon CEO Jeff Bezos recently reportedly bought three apartments in a Manhattan building, including a penthouse and two apartments below, for about $80 million. The penthouse apartments are 10,000 square feet in size and are divided into three levels, with five bedrooms, five bathrooms and three powder rooms, and a 5,700 square feet outdoor terrace. (Sina Finance)
9. US media: Chinese tourists drive the number of Alipay merchants in Europe to grow twice
According to CNBC, as Chinese tourists continue to pour into Europe, Alipay is making a big move into the European market, and the number of merchants accepting Alipay has tripled in the past year. Roland Palmer, head of Alipay's European business, said today that in the past year, the number of European merchants accepting Alipay has tripled to "ten thousand". Palmer also said that Alipay already has "about 1 billion" active users. Currently, 55 countries around the world have accepted Alipay, of which 29 are in Europe. (Sina Technology)
Cross-border e-commerce
10. NetEase Koala launches "Koala ONE" and e-commerce platforms increase short videos
According to June 5, as short video platforms such as Douyin and Kuaishou have started e-commerce businesses, e-commerce platforms have also begun to extend their tentacles to short video content. Just a few days ago, NetEase Koala fully launched the short video recommendation channel "Koala ONE". It is reported that the channel focuses on "Boutique Shopping Guide" and displays the appearance, usage, usage effects, scenes, etc. of the product through a 30-second short video. Users log in to the latest version of NetEase Koala APP and drop down the homepage to enter. (E-commerce News)
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