Evening information: Zhengzhou's cross-border e-commerce transaction volume reached 26.92 billion yuan in the first quarter of 2021; Amazon: It is recommended that sellers reserve more time to ship Prime Day inventory products; State Post Bureau: It is expected that express delivery revenue will exceed one trillion yuan in 2021, an increase of 18% year-on-year; Taobao released 18 "Baby of Times": MP3, snail noodles, masks, etc. were selected; L'Oreal Paris entered Douyin e-commerce super products with a total daily GMV of more than 22 million...
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E-commerce newsletter
1. L'Oreal Paris joins Douyin e-commerce super products with a total daily GMV of over 22 million
On May 10, on May 1, L'Oreal Paris's first offline flagship store opened in Shanghai and entered the Douyin e-commerce platform at the same time. L'Oreal's full range of beauty products were launched on the Douyin e-commerce platform, opening up the brand's official online and offline sales channels. It is reported that L'Oreal Paris also joined hands with Douyin Supermarket Day to launch a brand event with the theme of "Beauty Hall, Double Stores Opening at the same time". Data shows that the total transaction volume (GMV) of L'Oreal Paris x Douyin Super Daily Joint Event exceeded 22 million, the GMV of a single self-play exceeded 3 million, and the increase in fans of L'Oreal Paris' official account increased by 473% month-on-month. During the event, the number of omni-channel exposures exceeded 120 million, and the search volume of "L'Oreal Paris" on the platform increased by 200% compared with the previous week. (E-commerce News)
2. iMedia: The market size of Chinese brand e-commerce service providers has exceeded 240 billion yuan in 2020
On May 10, Taobao, which has been launched for 18 years, released 18 "Baby Times" today. Taobao said that these 18 "Baby Times" are selected from Taobao's hot-selling products from 2003 to 2020, from the hot-selling products that were sold every year from 2003 to 2020, namely: film, universal charger, MP3, color screen mobile phone, white shoes, Chinese heart-face stickers, iPhone accessories, Niu Li Spring Festival Gala same coat, edible salt, Mo Yan's works, air purifier, fried chicken beer, Peppa Pig peripherals, Disney tickets, cervical cancer vaccine, Sanktie, snail noodles, and masks. (Tianxia Online Business)
3. State Post Bureau: It is expected that express delivery revenue will exceed one trillion yuan in 2021, an increase of 18% year-on-year
On May 10, the State Post Bureau recently released the 2020 China Express Development Index report. The report pointed out that in 2020, the development trend index was 100.8, an increase of 21.2% year-on-year. It is expected that the express delivery business volume will exceed 100 billion pieces in 2021, an increase of 20% year-on-year. It is expected that the express delivery business revenue will exceed one trillion yuan in 2021, an increase of 18% year-on-year. (E-commerce News)
4. E-commerce anchor Li Jiaqi established Renjian Suona Consulting Company with a shareholding ratio of 99%.
According to the news on May 10, Tianyan Check information showed that on May 8, Shanghai Renjian Suona Management Consulting Co., Ltd. and Shanghai Qicai Management Consulting Co., Ltd. were successively established. The legal representatives were Li Wenli, with registered capital of RMB 10 million, and their business scope includes advertising release; e-commerce; sales of cosmetics; import and export of goods, etc. Shareholder information shows that the largest shareholders of both companies are Li Jiaqi, with a shareholding ratio of 99%, and are the final beneficiary and suspected actual controller. (CCTV News)
5. Perfect Diary established a supply chain management company in Hainan with a registered capital of 1 million yuan
According to news on May 10, Tianyan Check showed that on May 8, Hainan Yipin Supply Chain Management Co., Ltd. was established with a registered capital of 1 million yuan. The legal representative is Yang Donghao. The company's business scope includes customs supervision of goods warehousing services; duty-free store commodity sales; import and export of goods; import and export agents; bonded warehouse operations; urban distribution and transportation services; supply chain management services; Internet sales, etc. The equity penetration chart shows that the company is wholly owned by Perfect Diary’s parent company Guangzhou Yixian E-Commerce Co., Ltd. (E-commerce News)
Internet news
6. Market supervision departments imposed a maximum fine of 2.5 million yuan on two online education leaders respectively
On May 10, it was learned from the State Administration for Market Regulation that in response to the chaos in off-campus education and training institutions that the public has strongly reflected, the State Administration for Market Regulation Price Supervision and Competition, together with the Beijing Market Regulation Bureau, carried out a joint action to inspect the relevant behaviors of two off-campus education and training institutions, Xiaoboat Going to the Sea Education Technology (Beijing) Co., Ltd. (Zuoyebang) and Beijing Yuanli Education Technology Co., Ltd. (Yuanfudao). On May 10, 2021, the Beijing Municipal Market Supervision Bureau imposed warnings and administrative penalties of a maximum fine of 2.5 million yuan on both off-campus education and training institutions, Zuoyebang and Yuanfudao, in accordance with the law. (Daily Economic News)
Cross-border newsletter
7. Amazon: Sellers are advised to reserve more time to ship Prime Day inventory items
According to Seller Home, recently, Amazon US website announced that in order to benefit from Prime Day traffic in Amazon's international market, sellers should ensure that the inventory is delivered to Amazon's logistics center before the relevant date. Given the continued impact of the coronavirus epidemic on transportation time and customs clearance at borders of many countries, Amazon recommends that sellers set aside more time to ship Prime Day stock items. Amazon said sellers should ship their FBA goods to logistics centers at various Amazon sites before the deadline. (Sina Technology)
8. eBay and Payoneer reached cooperation to launch management payment services
May 10th news, recently, the global payment business platform Payoneer Paiying announced that it has cooperated with eBay in selected countries to help sellers collect their sales payments on eBay's main sites. With the support of Payoneer Pai Anying, eBay sellers will be able to easily collect funds, flexibly manage multi-currency accounting, and enter multiple eBay international sites to reach more potential customers. It is understood that the two parties have launched cooperation in managing payment services in Greater China starting from April this year. In the second half of this year, Payoneer Paiying and eBay intend to expand their services to more countries. (China Radio and Television)
9. Ozon, the largest e-commerce platform in Russia, launches UnionPay online payment service
On May 10, UnionPay International announced today that Ozon, the largest e-commerce platform in Russia, has launched UnionPay online payment services, providing convenience to local users of 3.3 million UnionPay cards. According to reports, at present, there are nearly 22 million online merchants that support UnionPay cards overseas, covering more than 200 countries and regions. This year, more than 3,000 mainstream online merchants have been accepted, including e-commerce companies Neiman Marcus, MAC Cosmetics, Newegg, Matches Fashion, Theory, Net-A-Porter, Hong Kong, Moncler; digital entertainment platform Origin; travel website Orlando Disney, Wuyouxing; Korean tuition payment platform Pay-zoom; takeaway platform FoodPanda Hong Kong and Openrice. (Tencent Technology)
10. Zhengzhou's cross-border e-commerce transaction volume reached 26.92 billion yuan in the first quarter of 2021
On May 10, it was learned from the Zhengzhou Municipal Bureau of Commerce that from January to March this year, the cross-border e-commerce transaction volume in Zhengzhou reached 26.92 billion yuan, of which the air port area completed a total of 38.4521 million cross-border e-commerce import and export orders, with a transaction volume of 3.301 billion yuan, an increase of 127.67% and 87.87% respectively over the same period last year. Henan Bonded Logistics Center achieved a cross-border e-commerce import and export transaction volume of 3.851 billion yuan, a year-on-year increase of 266.32%. In the first quarter of 2021, the packaging business of the "Cainiao Zhengzhou-Europe Express" increased by 126.09% and the cargo value increased by 72.96%, becoming the main force driving the rapid development of Zhengzhou's cross-border export business. (Released in Zhengzhou)
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