October 9th E-commerce Morning News

　　#Laogao E-commerce Newsletter# [October 9 E-commerce Morning News Brief] During the National Day, the national postal industry collected 988 million parcels, an increase of 23% year-on-year; nine domestic e-commerce platforms: all "not on sale" Houston Rocket-related products; JD National Day data exposed: online shopping "national flag" category increased by 40 times; Network Connection: The amount of cross-institutional payment transactions processed during the National Day holiday is 4.33 trillion yuan...

　　E-commerce newsletter

　　1. During the National Day holiday, the national postal industry collected 988 million parcels, an increase of 23% year-on-year.

　　On October 8, the monitoring data of the Postal Industry Safety Supervision Information System of the State Postal Bureau showed that during this year's National Day, the national postal industry was running smoothly. From October 1 to 7, the national postal industry collected 988 million parcels, an increase of 23% year-on-year; 944 million parcels were delivered, an increase of 21% year-on-year. (E-commerce News)

　　2. Nine domestic e-commerce platforms: none of them are “not on sale” Houston Rockets related products

　　On October 8, after Houston Rockets general manager Morey made inappropriate remarks involving Hong Kong, China, domestic mainstream e-commerce platforms have removed the Houston Rockets related products. For example, when searching for "Rockets" in Fenqi Le and Vipshop, although the page still shows the Rockets jersey, the product details page is marked "The product has been removed from the shelves". Taobao, Tmall, JD.com, Suning, Pinduoduo, Koala Haigou and Gome show no related products. This means that none of the nine mainstream e-commerce platforms in China are selling Rockets-related products. (E-commerce News)

　　3. JD.com will deliver a gift package of 400 million yuan in the opening festival of 100 cities, and tens of thousands of merchants will participate.

　　According to October 8, recently, tens of thousands of merchants participated in the interaction at the offline store opening festival that was launched simultaneously in ten cities including Chengdu, Guangzhou, and Beijing. During the JD Hundred Cities Store Opening Festival, JD.com gave new merchants a total of 400 million yuan in equity gift packages, including more than 50 equity items. The store opening festival was jointly initiated by JD Platform Ecology, together with more than 20 departments and categories including Jingxi, JD Cloud Warehouse, Yishi Business Service, JD Books, JD Cloud, and more than 100 cities online and offline, and opened simultaneously. (E-commerce News)

　　4. JD National Day data exposed: Online shopping "national flag" category increased by 40 times

　　According to the big data released by JD.com, the overall online consumption demand during the National Day holiday has risen strongly. Among the festival consumption-related categories such as "tourism, food and beverage, sports and outdoor, and computer and digital", the national average consumption during the National Day holiday increased by more than 1.8 times compared with the same period last year. Among them, the top ten provinces with the fastest growth in festival consumption are Anhui, Jiangxi, Jiangsu, Inner Mongolia, Zhejiang, Qinghai, Henan, Fujian, Hainan and Shandong.

　　Among them, the sales of mobile phones increased by 27.5% year-on-year, the sales of game videos and game equipment increased by 57%, while the sales of sports outdoor products increased by 477%. Of course, the most popular one is the "national flag" souvenirs. As of the end of September 2019, the amount of orders for national flag products reached nearly 40 times that of the same period last year. (E-commerce News)

　　5. Luckin Coffee: All cooperation with NBA China Games will be suspended from now on

　　On October 8, Luckin Coffee issued a statement through its official Weibo account saying that it firmly opposes remarks and behaviors that undermine national sovereignty and territorial integrity. Luckin Coffee said that from now on, all cooperation with the NBA China Games will be suspended and all related market activities will be cancelled. (E-commerce News)

　　Internet news

　　6. Suning.com Carrefour has opened a total of 180,000 orders

　　According to October 8, on September 28, more than 200 Suning.com Carrefour Electrical Appliances Stores across the country were officially opened. This is a major move by Suning.com since completing the delivery procedures for 80% of Carrefour China on September 27. Suning Big Data shows that the cumulative order volume during the opening period exceeded 180,000 orders, and sales increased by 152%. It is understood that the peak of passenger flow during the National Day period occurred from October 2 to 4. With various discount activities during the opening period, many consumers came to supermarkets to experience and shop, and 3C, casual snacks, home appliances, wine and other categories are the hottest. (E-commerce News)

　　7. Network Connection: The amount of cross-institutional payment transactions processed during the National Day holiday is 4.33 trillion yuan

　　According to October 8, data released by NetLink Clearing Co., Ltd. today showed that during the "National Day" period (October 1 to October 7), NetLink Platform handled a total of 8.594 billion cross-institutional payment transactions, with an amount of 4.33 trillion yuan. Among them, the transaction volume was the highest on October 1, with more than 1.29 billion transactions in a single day, with a total amount of more than 678.7 billion yuan. During the National Day period, the average daily transaction number of online network platform increased by 79.92% year-on-year compared with the National Day last year, and the average daily transaction amount increased by 163.38% year-on-year compared with the National Day last year. (Sina Finance)

　　8. Meituan Dianping's market value exceeds HK$500 billion

　　According to Snowball data, Meituan Dianping closed at HK$89 today, up 5.08%, and its market value exceeded the HK$500 billion mark, reaching HK$5165.614 billion, making it the third largest market value of Chinese Internet companies. (36Kr)

　　9. Huawei and Wuliangye sign strategic cooperation agreement

　　Recently, Wuliangye Group Co., Ltd. and Huawei signed a strategic cooperation agreement. In the future, the two sides will give full play to their respective advantages and set up a strategic cooperation promotion team to carry out in-depth cooperation in cloud infrastructure and services, big data and artificial intelligence technology, network information security system construction, as well as smart parks, intelligent manufacturing, corporate culture construction, human resources management, marketing management, etc., and jointly promote the digital transformation process of both sides. (36Kr)

　　Cross-border newsletter

　　10. Amazon announces the launch of Singapore site

　　On October 8, Amazon announced the launch of its Singapore site (Amazon.sg), where local consumers can purchase millions of products including books and audio-visual products, electronic games, consumer electronic products, toys and mothers and babies, as well as kitchenware and home furnishings through desktop, mobile browsers and Amazon APP applications.

　　With the official opening of Amazon's Singapore site, sellers from Amazon worldwide can directly reach Singapore consumers, thus providing them with more opportunities to expand their global business and build international brands. Through Amazon’s global store opening, sellers around the world can sell their products to 185 countries, reaching more than 300 million active users worldwide, including 100 million paid Amazon Prime members. (Source: Hugo.com)

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