June 3 E-commerce Morning News

　　#Laogao E-commerce News# [E-commerce Morning News on June 3] Alibaba UC News has stopped operating and has been merged into Alibaba Health; Jingxi 618: More than 60 million items were sold on June 1, with new users increasing by 110% month-on-month; Suning launched the "night shopping partner" plan; Pinduoduo responded to "second listing": There is no secondary listing plan yet; Alipay: More than 12 million small stores and roadside stalls achieved year-on-year revenue growth...

　　E-commerce newsletter

　　1. All the original teams of Alibaba UC News stopped operating were merged into Alibaba Health

　　According to "LatePost" report, Alibaba's overseas news aggregation product UC News announced that it would cease operations last week, and the original team was all incorporated into Alibaba Health. At the same time, Alibaba's overseas short video product VMate will reduce its employees and tighten its capital investment. VMate's public relations person responded that it was recently Alibaba's new fiscal year, and all businesses were making new plans. "The premise of firmly establishing overseas layout remains unchanged, and the specific plan is still being formulated." (LatePost)

　　2. Jingxi 618: More than 60 million items were sold on June 1, and new users increased by 110% month-on-month

　　According to data from Jingxi, a social e-commerce platform under JD.com, Jingxi's overall transaction order volume hit a new high on June 1, an increase of 180% compared with before the event, and the number of items sold exceeded 60 million; Jingxi App order volume increased by 530% month-on-month, setting a new high; Jingxi new users increased by 110% month-on-month, setting a record high this year's highest single-day value for Jingxi new users, and nearly 70% of Jingxi new users come from 3-6 tier cities. (36Kr News)

　　3. Suning launches "Night Shopping Partners" plan

　　On June 2, Suning launched the "Night Shopping Partner" street stall night market support plan. According to Suning, the plan covers: 1. Suning's "distributes" 100 billion localized direct supply and traceable sources of goods nationwide; 2. Open 10,000 freezer storage services in Love and Suning stores across the country. Night market stall owners can apply for free cold chain warehousing services within 3 kilometers; 3. Free live broadcast and community platforms to provide live broadcast training for night market stall owners to accumulate customers in advance and provide 1 billion live broadcast red envelope support; 4. Provide a low-interest support plan with 2 billion night market start-up funds; 5. All night market stall owners designated by governments across the country will be given the above support policies. (36Kr News)

　　4. Pinduoduo responds to "secondary listing": There is no plan for secondary listing yet

　　On the evening of June 2, there was "exclusive news" that Pinduoduo will confirm its return to Hong Kong for a second listing, and said it was confirmed that CICC is one of its sponsors. A spokesperson for Pinduoduo said: We have never discussed this plan with any intermediary agency, nor have we ever had any contact with any exchange on the topic of "secondary listing". The company's cash flow is healthy. As of now, the growth rate of capital reserves and revenue is enough to allow the "10 billion subsidy" to last for many years, so there is no plan for secondary listing. (36Kr News)

　　5. Alipay: More than 12 million small shops and roadside stalls achieved year-on-year revenue growth

　　Alipay data shows that as of the end of May, 12 million small shops and roadside stalls nationwide have achieved year-on-year growth. Among them, the revenue flow of small stores that support Alipay consumption coupon verification increased by 73.4% month-on-month compared with the previous week of issuance of consumption coupons. Among the major cities, Guangzhou, Shanghai, Hangzhou, Chengdu and Shenzhen have achieved the largest number of small stores that have achieved a V-shaped rebound. Zhengzhou ranks first in the north due to the driving effect of consumption coupons. Two months after Wuhan was lifted, the small store economy has also recovered rapidly, with 150,000 small stores and roadside stalls achieving year-on-year revenue growth in May. (36Kr News)

　　Internet Information

　　6. Hangzhou Internet Court: WeChat's "group control" software developer constitutes unfair competition and is sentenced to pay Tencent 2.6 million yuan

　　Two companies in Zhejiang were sued in court because they helped users to automate and batch operations by developing and setting up "group control" software to help users publish messages on WeChat and automatically like them. Today, the first instance of this "group control" software unfair competition case was pronounced in Hangzhou. The Hangzhou Internet Court ordered the two defendants to stop the unfair competition behavior involved in the case, compensate the plaintiffs Tencent Computer Company and Tencent Technology Company for economic losses and reasonable expenses of 2.6 million yuan, and eliminate the impact. (Xinhua News Agency)

　　7. Hong Kong Hang Seng Index rose 1.28% on opening, Alibaba rose 4%

　　On June 3, the Hong Kong Hang Seng Index opened up 1.28%, regaining the 24,000-point mark, with Alibaba rising 4%, Tencent rising 1.3%, Meituan Dianping rising 1.84%, Xiaomi Group rising 0.64%, and Gome Retail rising 2.52%. (E-commerce News)

　　8. "Indian version of Tiktok" Mitron was removed from the shelves by Google, with downloads of up to 5 million times in the first month

　　The "Indian version of Tiktok" Mitron was removed from the Google App Store on June 2, and the reason for the removal is still unclear. Previously, according to the Russian Satellite News Agency, a mobile app called "Mitron" similar to TikTok in India has recently become popular, with downloads reaching 5 million times in one month since its launch. "Mitron" means friend in Hindi. TikTok has 119 million users in India, and the Indian market contributes 30% of TikTok's total global downloads. (Interface News)

　　9. Zhang Chaoyang: The sales model is a long-term marketing trend, and the sales volume is not pursued for the first time.

　　Zhang Chaoyang said that his first live streaming broadcast on June 8 is different from a purely competitive live streaming broadcast, but an extension of the English teaching class. He said: "I am not 'bringing goods', I am 'bringing knowledge', I have been live streaming for many years. This time I throw bricks and attract jade, hoping to drive more celebrities to Sohu video live streaming to sell goods in the future." Regarding the current rising live streaming craze, Zhang Chaoyang believes that this is not a trend, but a long-term trend. "Training goods is a word of mouth effect. The fine-grained work determines whether users buy it. The world is becoming more and more self-media, and the more fine-grained personalized, and marketing is also this trend." (Sina Technology)

　　Cross-border e-commerce

　　10. Are multiple accounts no longer connected? ! Amazon Update Policy

　　Amazon has many strange policies that cannot be understood by domestic e-commerce people, and strictly prohibiting multiple accounts is one of them. In order to crack down on multiple accounts, Amazon has used the second-instance water and electricity bills, video verification and even the recently developed postcard verification.

　　But just today, Amazon actually has a new idea about this bottom line that is strictly guarded! The news section of the seller's backend updated this announcement, saying that the new version of the sales policy and seller's code of conduct will be implemented on June 15, and sellers will be allowed to hold multiple accounts under several limited circumstances. (Hugo.com)

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