#Laogao E-commerce Newsletter# [E-commerce Evening News on February 20] 1688 temporarily adjusted the transaction timeout rules; Alipay: 700,000 people watered Wuhan Public Welfare Forest within one day; JD responded to being sued: Shenzhou violated the terms and was suspended from payment; the number of active people in medical e-commerce during the Spring Festival increased by 5.44%; Jingyi Internet freight platform, a subsidiary of JD Logistics, appeared on the public...

E-commerce Newsletter
1. Taobao Economic Warm News (IV): "Mask Makeup" has become a new consumption option.
February 20th news, the keyword "Taobao Economic Warm News" released by Taobao today is "mask Makeup", and "mask Makeup" replaces masks and becomes the hottest consumption option in spring. According to reports, 8.2 million girls "cloud mask makeup" on Taobao, and 1,000 Yintai Cabinet sisters sold goods on Taobao live broadcast; the lipstick growth of popular brands on Taobao was between 300% and 700%; Nintendo Fitness Ring sales increased by 363% compared with usual. (E-commerce News)
2. 1688 temporarily adjusted the transaction timeout rules.
On February 20, 1688 issued an announcement stating that in order to reduce the impact of suspension of work and logistics on corporate operations, the platform decided to adjust the rules for general Alipay guarantee transactions (including PCs and wireless) during the Spring Festival in 2020 (excluding closed markets such as retail connectivity). Specifically, for confirming the timeout of receipt, the seller clicked on the order for shipment from 12:00:00 on February 19, 2020 to 23:59:59 on February 29, 2020, and the timeout of the buyer confirming the timeout of receipt was adjusted from 10 days to 15 days. (Beijing News)
3. The Jingyi Internet Freight Platform, a subsidiary of JD Logistics, was unveiled to the public
on February 20th. It is learned that at the press conference of the "Truck Brothers Dream Action", the online freight platform "Jingyi Internet Freight Platform" (hereinafter referred to as Jingyi Truck Truck) under JD Logistics was officially unveiled to the public. According to JD Logistics, Jingyi Truck is committed to integrating existing capacity suppliers and other social scattered capacity resources. While achieving matching transportation supply and demand, it also creates products and services around the life and production environment of truck drivers; at the same time, it promotes the formation of industry standards for e-commerce express commercial vehicles and completes efficient matching of equipment, personnel, and supply. (Sina Technology)
4. Alipay: 700,000 people watered Wuhan charity forests within one day
. February 20th news, Alipay Ant Forest recently launched the urban charity forest. Alipay said: I didn’t expect that 700,000 people were silently watering Wuhan forests in one day, and 100 tons of energy was poured in just a few days! It is reported that data released by Alipay recently showed that since the Spring Festival, the amount of money people in Hubei purchased financial products on Alipay has increased by nearly 30%. (E-commerce News)
5. Pinduoduo’s “Agricultural Production and Sales Docking Activity” was officially launched
on February 20. The Pinduoduo’s “Agricultural Production and Sales Docking Activity” event was launched for the first time yesterday. As of 24:00 on February 19, the cumulative order volume of pineapples in Xuwen, Guangdong was 46,000 orders, with a total sales volume of nearly 250,000 jin. The order volume of tangerines in Quzhou, Zhejiang exceeded 20,000 orders, and the sales volume exceeded 210,000 jin. Recently, the China High-quality Agricultural Product Development Service Association, together with Pinduoduo, Sinochem Modern Agriculture and other enterprises, initiated the establishment of the "National Agricultural Product Production and Sales Docking Public Welfare Service Alliance" to help agricultural product sales. (E-commerce News)
Internet Information
6. Reputation: More than 3,500 catering brands have launched self-pickup service in-store
. February 20th news, recently, Alibaba Local Life's reputation platform jointly launched a self-pickup service for self-pickup services. Consumers can make online appointments and take them offline to minimize the exposure risks brought by gathering restaurants for dining. It is understood that more than 3,500 catering brands such as COSTA, Pizza Hut, GODIVA, DQ, Baiguoyuan, and Burger King have launched this service, covering 300 cities across the country, including Beijing, Shanghai, Hangzhou, Guangzhou, and Nanjing. Ele.me Reputation has recently been targeted at eligible word-of-mouth merchants across the country, extending commission exemption to March 31. (E-commerce News)
7. In the current epidemic situation, Anneng Logistics and Best Express have issued support policies
on February 20. According to the logistics report, Anneng Logistics recently announced that it will provide financial support to first-level and second-level franchisees across the network. In accordance with this policy, the distribution transfer fee of Anneng Logistics will be charged at a 30% discount for the distribution base price and the system will be maintained and maintained at a quotation. Among them, fill-in products (K account, Puhuida products) do not participate in the promotion. At the same time, Best Express also announced that for first- and second-level outlets, the entire network transfer fee will be charged at a 30% discount on the benchmark price (except for 7 remote provinces), and other promotional policies applied for in February will be cancelled (except for other special policies such as policies and filling positions). The discount periods for Anneng and Best are from February 19 to February 29. (E-commerce News)
8. JD.com responded to being sued: Shenzhou violated the terms and resulted in a delay in payment.
On February 20, in response to the incident of "Shenzhou Computer suing JD.com for defaulting on 338.3 million yuan in payment of goods", JD.com Group responded that due to Shenzhou violating the terms of the product purchase and sales agreement signed by both parties, its unsettled payment was suspended. We hope that both parties will resolve their differences reasonably and legally on the premise of abiding by the spirit of the contract. (Beijing News)
9. The number of active people in medical e-commerce during the Spring Festival increased by 5.44%.
According to February 20, due to the impact of the epidemic and home isolation, medical e-commerce has developed rapidly. Data shows that during the Spring Festival in 2020, the average number of active people in pharmaceutical e-commerce increased by 5.44%, and the average daily active users of pharmaceutical e-commerce platforms such as 1 Yao.com, Kangaiduo, Pharmacy.com, and Jianke.com increased by about 6%. (IT Home)
Cross-border e-commerce
10. Cross-border e-commerce OrderPlus completed a 100 million yuan round of financing.
On February 20, cross-border e-commerce Xi'an Aopeng Network (OrderPlus) recently completed a 100 million yuan round of financing led by Kaihui Fund. It is reported that this round of financing will be mainly used for talent introduction, IT system upgrades, and investment in emerging markets. It is understood that OrderPlus was founded in 2014 and mainly uses the B2C model of "independent site group" to quickly export Chinese products to overseas markets, mainly in categories such as clothing, shoes and hats, mainly for Europe, America and Southeast Asia. (E-commerce News)
Click to register <a> to apply to join the domestic well-known e-commerce network - Laogao E-commerce Club. Any merchants from all over the country, Tmall merchants, Taobao Crown Store, Jinguan Store, and other e-commerce platform merchants can apply to join!

,