E-commerce Evening News Briefing on June 11

　　#Laogao E-commerce News# [E-commerce Evening News on June 11] Taobao is launching an official public beta, and all Taobao merchants are available; Liu Qiangdong resigns as an executive of three trading companies in JD.com; Maternal and infant e-commerce Haipaike releases a "small store economy" support plan; Alibaba and ByteDance will expand office space in Hong Kong; Zara's parent company plans to close 1,200 stores around the world...

　　E-commerce newsletter

　　1. Alibaba.com Fair announced its first day data: actual transaction volume increased by 4463% year-on-year

　　On June 11, Alibaba International Station announced that the total amount of actual transactions on the first day of Alibaba's online fair increased by 4463% year-on-year. The Alibaba Network Fair, which opened on June 8, is the largest online exhibition in the world's cross-border trade field this year and will last until June 28. (interface)

　　2. Taobao’s fast promotion official public beta is available for all Taobao merchants

　　On June 10, Yiou News, Taobao Speed ​​Push officially launched public beta for all Taobao merchants, and can be used directly without applying.

　　It is reported that this product started internal testing on a small scale at the end of May. It is an intelligent promotion product that can be played with with zero operation base in Taobao. Product manager Junchen revealed that during the three-week internal testing process, the fast-paced Taobao small and medium-sized merchants brought more than 400 million customers, and the product click rate can increase by up to 16%. (Europe)

　　3. JD Industrial Products delivered its first 618 report card, with a year-on-year increase of 315% in the first week

　　On June 11, Yiouxun, JD Industrial Products handed over its first "618 report card" after financing, showing the huge attraction of JD Industrial Products as the highest valuation company in the field to the upstream and downstream.

　　Upstream, a total of thousands of well-known brands in the industry participated in the JD Industrial Products 618 activities and jointly created procurement plans for industrial manufacturing scenarios; downstream, a large number of industrial manufacturing enterprises flocked to JD Industrial Products to purchase related materials. In the first week of JD 618, the transaction volume of industrial products increased by 315% year-on-year, of which the transaction volume of the first day of the big promotion increased by 520% ​​year-on-year. (Europe)

　　4. Alibaba and ByteDance will expand office space in Hong Kong

　　Alibaba Group and ByteDance are expanding their footprint in Hong Kong and have signed leases in recent months to increase office space in Hong Kong, people familiar with the matter said. ByteDance is looking for the next global hot product to replicate their success with TikTok’s overseas version of TikTok online entertainment, while Alibaba’s e-commerce, cloud computing and other departments are tapping overseas customers and customers. Alibaba and ByteDance declined to comment. (Phoenix Technology)

　　5. Liu Qiangdong resigned from his position as an executive of three trading companies in JD.com.

　　36氪获悉，天眼查数据显示，近日，刘强东卸任京东旗下3家贸易公司高管职务，包括成都京东楠苑贸易有限公司经理、昆山京东尚信贸易有限公司总经理、合肥京东科昇贸易有限公司总经理。此外，卸任上述三家公司职位的不止刘强东一个人，还有张雱，张雱卸任了上述3家公司的法定代表人。天眼查数据显示，6月以来，刘强东已退出多家公司高管职位。（36氪）

　　Internet Information

　　6. Alipay: accounts for 75% of the national car rental transaction share

　　According to Alipay, on June 11, the latest data from Alipay showed that the top 10 companies in the car rental industry, including Shenzhou Car Rental, Wukong Car Rental, Yihi Car Rental, etc., have all joined the Alipay "Digital Rental" mini program. At present, more than 75% of the transactions in the domestic car rental market have been completed through the Alipay digital life platform, and more than 70% of them use credit unsecured services. (DoNews)

　　7. State Post Bureau: The express delivery business volume reached 7.38 billion pieces in May, an increase of more than 40% year-on-year

　　According to statistics from the State Post Bureau, China's express delivery business volume reached 7.38 billion pieces in May, a year-on-year increase of 41%, a record high since February 2018. The revenue of express delivery business reached 77.1 billion yuan, a year-on-year increase of 25%. According to reports, the express delivery industry maintained a rapid growth trend in May mainly due to the following factors: First, the "Double Product Online Shopping Festival" has a significant driving effect. Second, live streaming continues to be popular. Third, seasonal fruits accelerate their upward trend. Fourth, consumption model is accelerating its transformation to online. (Securities Times)

　　8. Maternal and infant e-commerce Haipaike releases the "small store economy" support plan

　　On June 11, Haipaike released the "Small Store Economy" support plan, providing assistance to 200,000 small and medium-sized maternal and child stores across the country through five aspects: "selecting supply, digital empowerment, training support, big data recommendation, and logistics guarantee". Among them, in terms of big data recommendation, Haipaike will combine platform data to recommend hot-selling trend categories for small and medium-sized store owners and launch intelligent product selection services; in terms of logistics guarantee, Haipaike will digitally monitor the entire process to provide merchants with free shipping logistics services. According to data, at the end of last year, Haipaike completed a USD D round of financing of 100 million US dollars. Haipaike said that the financing funds will be mainly used for the expansion of the technical team, the improvement of the supply chain system, and the upgrading and iteration of the store intelligent system. (E-commerce News)

　　9. Wu Zhixiang, founder of Tongcheng: Domestic travel faces new opportunities of 400 billion in the second half of the year

　　On June 10, Wu Zhixiang, founder and chairman of Tongcheng Group, shared the opportunities faced by the tourism industry during the epidemic at the "2020 China Enterprise Competitiveness Summer Summit". He believes that the share of outbound travel is 400 billion every year, and these 400 billion will not disappear, which is both a challenge and an opportunity. How to stimulate domestic demand is a question worth thinking about in the entire tourism industry.

　　In addition, Wu Zhixiang believes that community fresh food has the opportunity to generate a market value of 100 billion yuan within three years, Tongcheng Life has just received financing of 200 million US dollars, becoming a company with a valuation of over 5 billion yuan. (China Business Network)

　　Cross-border e-commerce

　　10. Zara's parent company plans to close 1,200 stores worldwide

　　Zara's parent company Inditex said on Wednesday that it plans to permanently close 1,000 to 1,200 stores, equivalent to 16% of its global stores, and more actively turn to online sales to adapt to changes in people's consumption habits after the epidemic. Considering changes in consumption behavior after the epidemic, the company plans to concentrate resources on the digital sector and strive to make online sales account for one-quarter of total sales by 2022. The company said that the planned closure of stores will affect its Zara, Pull&Bear and other brands, mainly smaller stores. (Sina Finance)

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