"#Laogao E-commerce Newsletter# [E-commerce Evening News on March 2]" Taobao: "0 account period" service is expected to revitalize 50-100 billion yuan in cash flow for merchants; JD Logistics released a special commendation plan for "anti-epidemic heroes"; the top ten cross-border e-commerce counties in Zhejiang Province were released, Yiwu ranked first; Jack Ma: Donate 1 million masks to support Japan's fight against the epidemic; Eggshell Apartment: Distribute epidemic subsidies one after another, which can be used to pay rent, etc....

E-commerce newsletter
1. Taobao: "0 account period" service is expected to revitalize 50-100 billion cash flow for merchants
On March 2, today's Taobao Economic Warm News summarized the phased results of Alibaba's letter to merchants in the form of "video + barrage" - "Do what you say". According to reports, Taobao has launched the first free "0 account period" service on domestic e-commerce platforms - you can receive payments in seconds after delivery. After delivery, merchants can apply for advance payment by Ant Merchant Bank to facilitate expansion of reproduction. The capital costs and risks are borne by Taobao platform and Ant Merchant Bank. This move is expected to bring 50-100 billion cash flow to Taobao merchants by April. (E-commerce News)
2. JD Logistics releases a special commendation plan for "anti-epidemic heroes"
On March 2, according to Southern Metropolis Daily, JD Logistics recently released a special commendation plan to pay tribute to the "Heroes of Anti-epidemic", commending front-line teams and employees who have performed outstandingly in the fight against the epidemic in the seven major regions across the country, including promotions and bonuses. The first batch of evaluations have been carried out in Hubei. Nearly a thousand front-line employees of JD Logistics in the region will receive rewards, of which 86 will be awarded. (Beijing News)
3. Suning.com: The 24th interest-free installment activity will last until March 16
According to news on March 2, Suning.com posted on Weibo today that the 24 interest-free installment activities will last until March 16. It is reported that on February 27, the number of orders in the county and town markets of Suning's 24 interest-free event increased by 470% year-on-year; from February 27 to February 29, Suning's big-name live broadcasts exceeded 200 times, with the highest number of viewers in a single game exceeding 2 million; in terms of community marketing, the event period was promoted among more than 1 million communities, and the contribution rate of community marketing sales exceeded 30%. (Sina Technology)
4. The top ten cross-border e-commerce counties in Zhejiang Province were released, Yiwu ranked first
March 2 news, recently, the Zhejiang Provincial E-commerce Promotion Center recently released the cross-border online retail export data of counties (cities, districts) across the province for the first time. Yiwu ranked first with 24.11 billion yuan, Yongkang ranked second with 6.56 billion yuan, Pujiang ranked sixth with 2.42 billion yuan, Wucheng District ranked seventh with 2.29 billion yuan, and Jindong District ranked tenth with 2.21 billion yuan. In addition, Hangzhou accounts for 4 seats and Ningbo accounts for 1 seat in the top 10 counties. (E-commerce News)
5. Suning Vegetable Market: Sales increased by 7 times month-on-month in February, with a repurchase rate of 61%.
According to data from Suning Vegetable Market, in February this year, Suning Vegetable Market's sales increased by 7 times month-on-month, with a maximum growth of more than 10 times in a single store. The user repurchase rate reached 61%, and nearly 60% of the orders placed in the APP accounted for. Vegetable sales in February accounted for nearly 40% of the total, while meat, poultry and eggs accounted for 30%. According to all-weather technology in December last year, Suning Vegetable Market has expanded its stores in more than half a year since it was launched. (E-commerce News)
Internet Information
6. Hema fully resumes normal operation and delivery generally resumes free shipping for the first order
On March 2, Hema President Hou Yi said on his social platform account that Hema has fully resumed normal operations, and users can also say goodbye to flash sales. "During the epidemic, normal operations are our greatest responsibility, and we will redouble our efforts. Wuhan's recovery will take some time. Let's fight and fight the epidemic together to survive the epidemic." It is understood that Hema has resumed normal operations in cities across the country except Wuhan, and delivery has generally resumed free shipping for the first order. (E-commerce News)
7. Jack Ma: Donate 1 million masks to support Japan's fight against the epidemic
March 2 news, today, Jack Ma said on Weibo that he would donate 1 million masks to support Japan's fight against the epidemic. He wrote that when we were in a hurry to shortage of supplies, Mr. Nikai Toshihiro from Japan and many Japanese friends raised a batch of protective clothing and sent it to China's front line of epidemic prevention. The epidemic in Japan is also very serious now. Thanks to Mr. Erjia and Mr. Jiang Xiaosong for helping to distribute these 1 million masks to the places that Japan needs most! With the green mountains and shouldering the storm together, I believe everything will get better as soon as possible! (Pengpai News)
8. Qunar.com: More than 90% of domestic hotels have resumed business
According to reports on March 2, Qunar.com data showed that as of February 29, more than 90% of domestic hotels in China resumed business, among which the number of hotels in Guangzhou and Shenzhen returned to the level in early January, and more than 95% of hotels resumed business in popular cities such as Shanghai and Chengdu also resumed business. In addition, in the past week, hotel bookings have increased by 34% compared with the previous week, and 75% of the orders are "safe hotels" that have joined the hotel check-in guarantee program. Recently, Qunar.com also launched the "Zhongxin" plan for upstream and downstream partners, and the support targets cover all business segments such as air tickets, hotels, and vacations. (Beijing News)
9. Eggshell Apartment: Epidemic subsidies are issued one after another, which can be used to pay rent, etc.
March 2 news, today, Eggshell Apartment issued a notice on its official Weibo account stating that since March 1, the epidemic subsidies applied for by tenants have been issued to the App wallet and can be used to pay app bills such as rent and service fees, but cash withdrawals are not supported. Eggshell said that tenants need to update the Eggshell Apartment App to version 1.32 or above to use it normally. The new version is expected to be launched on the shelves around March 5. (IT Home)
Cross-border e-commerce
10. The average daily cross-border e-commerce parcels in Nanchang Free Trade Zone exceeded 170 pieces in February
On March 2, Nanchang Customs actively supports cross-border e-commerce enterprises in Nanchang Comprehensive Bonded Zone to resume work and production by 100%. Since February 1, under the supervision of the Ganjiang New District Customs under the customs, the average daily number of cross-border e-commerce parcels issued from Nanchang Comprehensive Bonded Zone exceeds 170 pieces. Especially since February 13, the average daily parcel volume has exceeded 230, an increase of 1.8 times compared with the average daily parcel volume in 2019, mainly focusing on imported cosmetics, milk powder, maternal and child products, health products, sports shoes and other daily consumer products. According to the introduction, in order to cope with the impact of the epidemic on foreign trade, Nanchang Customs promptly issued a "Ten Hundred and Ten Thousands" plan to support enterprises in responding to the new crown pneumonia epidemic and promote the stable growth of Jiangxi's foreign trade, including special support measures for the development of cross-border e-commerce companies. (E-commerce News)
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