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#Laogao E-commerce Newsletter# [E-commerce Morning Newsletter on June 14]

2019-06-14

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E-commerce Information


1. Tmall 618 sleep data: sleep aid products transactions increased by 530% year-on-year


According to CBNData's "2018 National Sleep and Life Consumption Big Data Report", the average daily sleep time for Chinese Internet netizens is 7.1 hours. 56% said they had sleep problems, one-third of the 170 million people born in the country had sleep problems, and 68% said they simply "can't sleep enough" every day. According to Tmall International data, the transaction volume of imported sleep aid products increased by 530% year-on-year during the 618 period, with the overall market size exceeding 300 million yuan, and female purchasers accounted for 75%. Among them, Kao Steam Eye Mask, Vitafusion Melatonin Gummy, IN ESSENCE Aromatherapy Essential Oil, Internet celebrity single product Slip silk eye mask, sleep-aided Thai latex pillow and other trend products are the most popular, ranking in the top five in transactions. (Yibang Power)


2. Alibaba jumped to the top 100 BrandZ global brands in China


According to June 13, the 2019 BrandZ Top 100 Most Valuable Brands in the World were released in New York a few days ago. Among the BrandZ Top 100, Alibaba's brand value rose two places this year, following Amazon, Apple, Google, Microsoft, Visa and Facebook, ranking seventh in the world's top 100 list, and jumped to China's first place. (E-commerce News)


3. Ruhan Holdings' net loss in the fourth quarter was US$4.4 million narrowed by 53.3% year-on-year


On June 14, Ruhan Holdings released the company's unaudited financial report for the fourth quarter and full year of fiscal year 2019 ended March 31, 2019 before the market trading Thursday. According to the financial report, Ruhan Holdings' net revenue in the fourth quarter was RMB 237.3 million (approximately US$35.4 million), a year-on-year increase of 20.7%; the net loss attributable to Ruhan Holdings was RMB 29.4 million (approximately US$4.4 million), a year-on-year narrowing of 53.3%. (E-commerce News)


4. JD.com announced 2019 Father's Day consumption data: post-80s and 90s prefer to choose practical and high-end gifts


According to the consumer big data released by JD.com, before Father's Day, search terms for "Father's Day" gifts rose sharply before June 16. The post-80s and post-90s tend to choose practical and high-end gifts. The post-00s have a high search for awards, and the "Best Dad" awards have become a hot product before the festival. In addition, comparative data show that women will search online in advance to prepare gifts for their fathers, with higher searches being clothing, wallets, watches, and men searching for alcohol, lighters, shirts, etc. (36Kr)


5. Research institutions lowered Amazon's e-commerce market share expectations, from 47% to 37.7%


According to foreign media reports, on Thursday, global market research firm eMarketer lowered its expectations for Amazon's share of the US e-commerce market after including Amazon's latest data. Amazon is currently expected to account for 37.7% of total U.S. online commerce sales this year, down from previous estimates of 47%. (Tencent Technology)


Internet Information


6. Hundreds of Tencent Charity anchors launched their first Charity Live Broadcast: More than 3,000 donations


Tencent NOW Live and Tencent Charity launched the "Hundred Charity Anchor Program" launched by Tencent Charity, 111 young anchors have been selected today. On June 12, 100 charity anchors launched their first charity live broadcast, and the 10 charity projects involved in the live broadcast were raised through Tencent charity platform. Tencent Charity Platform and NOW live broadcast data show that the first charity live broadcast of the "Hundred Charity Anchors Plan" raised more than 3,000 donations, that is, nearly 200 charity donations per hour, with the highest amount exceeding 10,000 yuan. (Tencent Technology)


7. Xiaomi has newly established an "offline business committee".


On June 12, Xiaomi China announced new organizational structure adjustments and personnel appointments: Xiaomi established the China Region offline business committee, with Zhang Jianhui, vice president of China Region, serving as chairman, reporting to Lei Jun. Yu Peng is vice chairman and reports to Zhang Jianhui. On May 17, Lei Jun himself was in charge of the Chinese region and served as president, fully responsible for the business development and team management of the Chinese region. Wang Chuan became the president of the new home appliance business department, responsible for the "white electricity" business such as air conditioners and refrigerators outside of TVs, reporting to Lei Jun. (Tiger Sniff)


8. Tencent Smart Retail and MissFresh reach strategic cooperation


MissFresh and Tencent Smart Retail reached a strategic cooperation today. Xu Zheng, the founder of MissFresh, announced the "SmartFresh 100 billion plan". With the help of Tencent Smart Retail, MissFresh aims to reach 100 billion in 2021, achieving smart marketing, smart logistics, and smart supply chain. Xu Zheng predicts that by 2025, the Internet online fresh food market will reach a trillion yuan. (interface)


9. Wang Wei responded to "SF Express couriers were complained about taking sleeping pills": There is a problem with the service assessment system


Previously, according to Nandu reports, a SF Express courier was complained by a customer on the name of "swearing". Later, the company summoned him to the meeting and was punished for deducting administrative points and being transferred from his area. Wang Wei responded on the SF Express Fengsheng platform that "the courier swallowed 40 sleeping pills to protect his dignity" and said, "I was very surprised and uncomfortable." "Maybe there is a problem with the service assessment system today, and we must review and make improvements immediately. This is the responsibility of the company and me, and I will give you an explanation in a short time."


Cross-border e-commerce


10. Walmart e-commerce focus will be turned back to the official website: Jet.com has been marginalized and the current president will leave


June 13th news, according to Reuters, Walmart announced on Wednesday local time that it will conduct comprehensive rectification of its e-commerce startup Jet.com, which acquired for $3.3 billion in 2016, failed to realize the ambitions of the world's largest retailer in the e-commerce field. Walmart said it will integrate Jet.com's retail, technology, marketing, analytics and product teams with its online business. Jet.com's current president Simon Belsham will leave in early August. (Webmaster's Home)




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