#Laogao E-commerce News# [E-commerce Evening News on June 24] Alibaba International Station’s online special zone transaction volume increased by 117%; 1688 Industrial Brand Station added the “Boom Shop Selection” function; WeChat Moments Unblock Kuaishou Sharing Link; Amazon launched its own brand lipstick, priced at no more than US$7; India’s largest e-commerce company Flipkart plans to be launched before 2022, and Wal-Mart may withdraw...
E-commerce newsletter
1. The transaction volume of Alibaba International Station Construction Yiwu online zone increased by 117%
On June 24, Alibaba International Station announced that it will establish an online zone in Yiwu to create a new digital transformation model of "1039" - the digital market procurement model (TAP1039). Through the online digitalization of the entire contract fulfillment service, we will help millions of small and medium-sized enterprises in Yiwu to improve the convenience of cross-border trade. (E-commerce News)
2. Royal Mail subsidiary GLS cooperates with emerging express delivery companies to launch B2C night delivery service
On June 24, GLS, a subsidiary of Royal Mail in the UK, recently announced that it will cooperate with emerging express delivery company Tousfacteurs to test the new B2C delivery service in Paris, France. Tousfacteurs mainly provides "last mile" night delivery services.
The main feature of the new delivery service is: on the day of delivery, the recipient will receive a reminder message notifying that the package will be delivered on the same day. Based on Tousfacteurs' interactive technology, the recipient pays a fee of several euros above the standard tariff and chooses the delivery time period independently, including between 6:00 and 8:00 on the same day or the next day, or between 8:00 and 10:00 on the pm. B2C parcels are first concentrated at the GLS storage center on the banks of the Seine, and then transferred to the distribution center of Tousfacteurs in the French capital, and finally the parcels will be delivered via a delivery bike.
It is reported that GLS is currently testing the service in the southern part of the French capital. (Europe)
3. 1688 Industrial Brand Station adds the "Boom Shop Selection" function
On June 24, the 1688 Industrial Brand Station recently launched the "Baopu Selection" function, aiming to improve the efficiency of corporate procurement and selection. As an entity implementation project of the digital channel of the 1688 industrial market, the 1688 industrial brand station is a new distribution system based on Internet data and credit, providing buyers with authentic brand products, massive spot and localized one-stop procurement services. At present, the brand site brings together more than 6,000 global brands and brand authorized dealers including Schneider, 3M, ABB, Phoenix, Siemens, Stanley, Dow, BASF. (E-commerce News)
4. JD Logistics set up its first industrial fund with a scale of 1.5 billion yuan
On June 24, recently, Huihe Capital, the first industrial fund initiated by JD Logistics, completed its first phase of delivery, with a fund size of 1.5 billion yuan, focusing on investment in early and growth projects of science and technology logistics and intelligent supply chains, cultivating new momentum for industry development, and building a cobiological flow ecological system. (Europe)
5. FedEx expands its pickup network and enters rural markets
June 24th news, according to foreign media reports, FedEx recently cooperated with discount retailer Dollar General to provide parcel delivery and pickup services at 1,500 Dollar General stores this summer to expand the rural market.
It is reported that FedEx has been actively expanding its network and providing value-added services to its retail and e-commerce customers. It has reached similar partnerships with Walgreens, Albertson and Krogers, with a total layout of over 62,000 locations. Its expanded network can help FedEx reduce supply chain costs and manage last-mile e-commerce delivery. (Europe)
Internet news
6. Unblock the WeChat Moments Link to Kuaishou
WeChat recently unblocked Kuaishou's sharing function. On June 24, Kuaishou's video link can be shared on WeChat Moments. In addition, the sharing button when watching Kuaishou videos will automatically become the style of Moments, prompting users to share. After completing the sharing in Moments, clicking on the link will enter the normal video playback page, and you can directly complete the clicking and playback in Moments. (36Kr)
7. Amazon launches private label lipsticks for no more than $7
On June 24, Eou reported that Amazon has been continuously expanding its beauty business and launching cost-effective skin care products and beauty products. It is understood that Amazon recently launched a best-selling lipstick, with each piece price not exceeding US$7.
What’s more, users can add them to the cart after online trials, thanks to Amazon’s new Try Now feature, which is provided by L’Oreal’s Modiface technology. (Europe)
8. Ant Financial President Hu Xiaoming: Loans for small and micro enterprises can tolerate a 5% bad debt rate
On June 24, Hu Xiaoming, president of Ant Financial and chairman of Ant Financial, said at the Small and Micro Financial Industry Summit that since its establishment, Ant Financial Bank has never used profits as an assessment indicator, and only focused on the number of small and micro enterprises it serves and their satisfaction. While Ant Commercial Bank is betting on small and micro enterprises, its non-performing loan rates in 2017 and 2018 increased to a certain extent, from 1.23% to 1.3%. In response to this, Hu Xiaoming responded, "I can tolerate a bad debt rate of 5% for small and micro enterprises." (Tencent Frontline)
Cross-border newsletter
9. Youzan added a new function of separating tax and price of cross-border overseas shopping products
On June 24, Youzan announced that in order to better meet the needs of merchants who have entered cross-border services and improve merchant operating efficiency, it will soon release the function of separating taxes and prices of cross-border overseas shopping products. It is understood that after the tax and price separation function is released, merchants can use these three paths to set the overseas shopping tax rate for cross-border imported goods. (E-commerce News)
10. Flipkart, the largest e-commerce company in India, plans to go public before 2022, and Walmart may withdraw
According to foreign media reports, the board of directors of Flipkart, India's largest e-commerce website, decided earlier this month that the company plans to list on the U.S. stock market by 2022. Flipkart CEO Krishna Morsi has officially informed his senior deputy about the timeline for listing in the U.S., sources said. Sources said Flipkart began preparing for listing in the United States, which may be an opportunity to provide parent company Walmart with a partial or complete withdrawal of Flipkart. Currently, Walmart holds a 77% stake in the company. (Tencent Technology)
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