#Laogao E-commerce Newsletter# [May 17 E-commerce Morning Newsletter]

Morning news: Taobao Live released sun protection report sun protection face gini increased by 1462.5%; Taobao Live released sun protection report sun protection face gini increased by 1462.5%; popular Chinese stocks closed up on Monday and saw a rise and fall in Mogujie rose by nearly 7%; Tmall International adjusted the trading process during the epidemic; Dunhuang Network's online SF Express channel went offline...

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E-commerce newsletter

1. Taobao Live Releases Sunscreen Report Sunscreen Face Gini Increases by 1462.5%

On May 16th, today, the WeChat official account of "Taobao Live" released a message that Taobao Live ON MAP released the "Anti-aging should be early, and sun protection should be four seasons - 2022 Taobao Live Sun Protection Report" based on the sun protection trend on Taobao live platform. Taobao live broadcast data shows that from January to April 2022, the transaction volume of sunscreen supplies in the live broadcast room increased by 40%, the transaction volume of sunscreen clothing increased by 157.11%, and the transaction volume of sunscreen skin care reached 62.17%. Among them, the number of orders sold in Oriental Face Gini increased by 1462.5%; among people of different ages, the post-90s paid the most attention to sun protection, with consumption accounting for 46.58%, while the demand for defense among outdoor people accounted for the highest proportion of 45.64%. (E-commerce News)

2. Popular Chinese stocks closed on Monday and rose and fell. Mogujie rose by nearly 7%.

On May 17, popular Chinese stocks closed up and down on Monday. Among them, Youxin and Mogujie rose by nearly 7%, Dada Group rose by nearly 6%, Dingdong Maicai rose by more than 3%, Monster Charging rose by nearly 3%, and Tuniu rose by more than 1%. At the same time, Best Group fell nearly 9%, Wanwu Xinsheng fell more than 4%, and Alibaba, MissFresh, and BOSS Direct Recruitment fell more than 1%. (E-commerce News)

3. Alibaba Mom released the 2022 618 event logo review specifications

According to May 16, Alibaba Mom recently released the 2022 618 event logo review standards. It is understood that the use of the logo for this event is from May 21st to 23:59:59 on June 20, 2022; from now to 23:59:59 on June 20, 2022. Sellers can upload the activity logo material in advance for pre-examination. The review waiter will review it according to the 618 logo usage specifications, and set the creative validity period according to the different resource locations. In addition, from May 10 to June 20, the platform launched the "Audit Little Butler" online consultation service to solve audit-related issues in real time. (E-commerce News)

4. TikTok cracks down on false information on the Internet and imposes ban on related illegal accounts for 30 days

On May 16, the Douyin Security Center recently issued an announcement that the platform found during daily inspections that individual users posted false information in the "Tibet Airline Incident" that various parties were concerned about, impersonating the parties or relatives of the parties, which had a bad impact on the incident handling and the platform's ecology. In this regard, the platform has banned and dealt with relevant illegal accounts. After platform verification, all of the above information are false information released by users to ride on the popularity. The platform strictly dealt with the above behavior, banned it for 30 days, cleaned up false information, and posted a public notice of punishment on its account. (E-commerce News)

Internet news

5. WeChat resource reuse supports message push and WeChat payment

At the same time, in order to reduce the unreasonable forced authorized users' avatars and nicknames, the WeChat team adjusted the interface. In addition, the platform will adjust the licensing capabilities of WeChat web pages. When developers initiate snsapi_userinfo web page authorization in non-standard use on the web page, WeChat will open the web page snapshot page mode by default for basic browsing, which will take effect at 24:00 on July 12. (E-commerce News)

6. Dada Group's revenue in Q1 2022 was 2019 Q1 JD.com's GMV was 49.1 billion yuan

According to May 17, this morning, local instant retail and instant delivery platform Dada Group released its unaudited first quarter results for the 2022 fiscal year ended March 31, 2022. According to the financial report, Dada Group's total revenue in the first quarter of 2022 was 2 billion yuan, a year-on-year increase of 74% under comparable caliber; at the same time, the net profit margin has achieved an optimization of nearly 30 percentage points under comparable caliber than the same period last year. In the 12 months ended March 31, 2022, the total transaction volume of JD.com’s home delivery platform was RMB 49.1 billion and active consumers were 67.9 million. (E-commerce News)

7. Meituan Running Legs Online "Rider Guardian Channel"

On May 16th, Meituan announced today that Meituan's errands will be launched on the "Rider Guardian Channel" from now on to serve riders who encounter problems in delivery. If a rider encounters abnormal or controversial events during delivery, he or she can contact 10101777 and the platform will intervene as soon as possible. If the rider needs legal help, Meituan will also provide support. At the same time, in response to users’ urgent needs, Meituan is also piloting “dedicated person to deliver” products and services, which will promote full launch as soon as possible. Today, Meituan responded on a social platform that "helps every order without letting down the goodwill" and said that the rider involved has already run orders normally. (E-commerce News)

Cross-border information

8. Tmall International adjusts trading process during the epidemic

On May 16, a temporary announcement on the adjustment of Tmall International transaction process during the 2022 epidemic was released. Due to the recent epidemic, the delivery time and performance of merchants have been delayed. Due to the uncontrollable epidemic, Tmall International will consider whether to adjust the deadline depending on the actual situation, and merchants can continue to pay attention to the announcement. (E-commerce News)

9. Poshmark, a second-hand online trading platform in the United States, earned $90.9 million in the first quarter

According to May 16, recently, Poshmark, the online trading platform for second-hand goods in the United States, announced its first quarter financial results as of March 31, 2022. Data shows that the company's operating income in the first quarter of 2022 was US$90.9 million, an increase of 13% from US$80.7 million in the same period in 2021. Adjusted EBITDA is $4.7 million, down from $4.8 million in the first quarter of 2021. Quarterly GAAP operating profit was $14.4 million, down from $20.1 million in the same period last year. Based on US GAAP, the loss per share was $0.18, down from $1.18 in the same period last year. (E-commerce News)

10. Dunhuang.com’s online SF Express channel is offline

On May 16, Dunhuang.com issued a notice today that due to channel adjustments, the SF European Standard Special Line, SF American Standard Special Line (Personal + Electric), SF European Standard Special Line (Personal + Electric), SF American Express Special Line (Personal + Electric), SF American Standard Special Line (Personal + Electric), SF International Small Packet Registration (Personal + Electric) SF channel has closed the order entry at 13:00 on May 15, 2022 and no new orders will be received. For package warehouses that have not been placed in the warehouse and have not been exported, the specific situation will be subject to the SF notification. The subsequent channels will be notified separately as soon as possible when they return to normal. (E-commerce News)