#Laogao E-commerce Newsletter# [E-commerce Morning News on April 22] Hema President Hou Yi's first live broadcast of goods, selling 6 million Hubei crayfish in 5 seconds; Taobao Live: Luo Xiang, a professor at China University of Political Science and Law, will conduct a live broadcast of legal publicity tomorrow; Pinduoduo releases the 2019 agricultural product upward development report: transaction volume 136.4 billion yuan; Tianyancha responds to 360 Finance: It is not a fabrication or data error; Baidu: Former Vice President Wei Fang was transferred to the public security organs for suspected corruption...
E-commerce newsletter
1. Hema President Hou Yi’s first live broadcast of goods, selling 6 million Hubei crayfish in 5 seconds
April 22nd news, last night, Hema President Hou Yi visited Taobao Weiya's live broadcast room to bring goods to Hubei agricultural products. In just 5 seconds, Hema Fresh sold 6 million Hubei crayfish at its Tmall flagship store. (Titanium Media)
2. Amazon announces investment of $10 million to protect forests
April 22 news, according to foreign media reports, Amazon's $100 million climate fund will invest $10 million to help protect or restore forests in the northeastern United States. The fund is part of the Amazon Climate Pledge, which plans to achieve net zero carbon emissions by 2040. (Sina Technology)
3. Pinduoduo releases the 2019 agricultural product upward development report: transaction volume is 136.4 billion yuan
According to April 21, Pinduoduo released the "2019 Agricultural Products Upward Development Report" today. The report shows that in 2019, the transaction volume of agricultural (by-part) products on Pinduoduo platform reached 136.4 billion yuan, an increase of 109% year-on-year compared with the previous year; the number of active merchants of agricultural (by-part) products reached 586,000, an increase of 142% year-on-year. (E-commerce News)
4. Taobao Alliance creates a content ecosystem "Star X Plan"
According to Titanium Media, recently, Taobao Alliance released the "Star X Plan" for the content ecosystem, and will join forces with many core content platforms with DAUs of over 10 million in the market to plan and implement hundreds of e-commerce activities throughout the year, and create a new content e-commerce ecosystem alliance position. At present, content platforms such as Weibo, Baidu, and Xigua have been added to the first batch of plans. It is reported that Taobao Alliance was established in April 2010 and has now developed into one of the largest e-commerce marketing alliances in China. (First news)
5. Taobao Live: Luo Xiang, a professor at China University of Political Science and Law, will conduct a legal publicity live broadcast tomorrow
April 21st news, this afternoon, Taobao posted on Weibo saying that tomorrow is World Law Day. Taobao Live invited Luo Xiang, professor of China University of Political Science and Law, and Gao Huiyun, associate professor of the School of Law of Chengdu University, to conduct a live broadcast of legal publicity. At the same time, Taobao will also invite primary and secondary school students across the country to watch online and learn legal knowledge through Taobao University Cloud Classroom. According to reports, the time for Legal Publicity live broadcast is from 16:00 to 18:00 pm on April 22. Users can search for "Guardian Star" on the Taobao app to enter the live broadcast room. (E-commerce News)
Internet news
6. JD 7FRESH and Jianfu Convenience Store reach strategic cooperation in community group buying
On April 22, JD Youjia Shop and Jianfu Convenience Store have reached a strategic cooperation. Previously, on March 18, the community group buying project between the two parties had begun trial operation in 32 stores. At present, the number of cooperative stores has reached 100, covering nearly 500 communities, providing meat, poultry, seafood, fruits, vegetables, grains and oil and other products. (Europe)
7. Three Squirrels set up 4 companies in one day. Business scope involves pet sales, etc.
According to the news on April 21, Tianyan Check data showed that recently, the operating entity of Three Squirrels, San Squirrel Co., Ltd., has added four new foreign investment information. These four companies are Anhui Yangge Hair Hair Pet Food Co., Ltd., Anhui Xixiaoque Xili Co., Ltd., Anhui Tiegongji Fast Food Co., Ltd. and Anhui Xiaolu Lanlan Infant Food Co., Ltd. The four companies were all established on April 17 with registered capital of RMB 10.56405 million, and are all wholly owned by Three Squirrels. It is reported that the business scope of the above four companies involves pet food, pet sales, wedding gift production and sales, operation and management of e-commerce platforms, etc. (Oriental Fortune Network)
8. Tianyancha responds to 360 Finance: It is not a fabrication or data error
On April 22, in response to the preparations for suing Tianyan Check for 360 Finance, Tianyan Check stated that although Tianyan Check information is different from 360 Finance's official views, it is not fabricated out of thin air or data errors, but rather a prudent combination of industrial and commercial information and public information released by 360 Finance itself. Previously, 360 Finance stated that since Tianyan Check continued to release a series of reports such as "Zhou Hongyi stepped down as Chairman of 360 Finance and his assistant Hong Zhao took over" from the 21st, the reports of such reports were seriously inconsistent with the facts. All information of the listed entity (360 Finance) was subject to the prospectus, and Tianyan Check's information was inaccurate and was ready to file a lawsuit. (China News Network)
9. Baidu: Former Vice President Wei Fang was transferred to the public security organs for suspected corruption
According to Sina Technology, today, Baidu Professional Ethics Committee reported a case of suspected serious violations of discipline and laws by employees: After investigation by the company, it was found that the former vice president of the group, Wei Fang, was suspected of corruption and has now been transferred to the public security organs for handling in accordance with the law. Baidu said that the company firmly cracks down on all violations of discipline and laws, has zero tolerance for any behavior that touches the professional ethics red line, and will never relax anyone or at any time. (Observer.com)
Cross-border newsletter
10. In March, sales of small and medium-sized e-commerce companies in Brazil increased by 140%.
Internet consumption has become an option due to the novel coronavirus pandemic. In the first half of March, people were initially frightened by Covid-19, sales of virtual stores in Brazil fell 45% until the 22nd, with virtual stores gradually recovering and continuing until the end of the month, reaching their highest levels. According to Nuvemshop, this ratio was 140% until the 31st.
In the industry analysis during this period, food and beverage commodities were the fastest-growing categories with sales growth of 80%.
Between March 21 and 23, medical supplies stores will be able to refurbish stocks within 72 hours. Service sales fell 60%, and travel achieved little sales as of March 15. In the last week of March, sales of books, education and gifts increased the most, with more than 50%, while sales of electronics and pets ranged between 10% and 20%. (Hugo.com)
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