#Laogao E-commerce Newsletter# [E-commerce Morning News on July 16] 13 departments of the National Development and Reform Commission issued a document to support independent employment of micro-business, e-commerce, online live broadcasts, etc.; the June list of "Live E-commerce Anchor GMV Monthly List" was released: Weiya ranked first; JD Retail and King of Glory KPL reached a strategic cooperation; Meituan restarted hotel group purchases, and the new product "super group purchase" has been launched for testing; Luckin Coffee appointed a "low-intervention" joint temporary liquidator...
E-commerce newsletter
1. 13 departments of the National Development and Reform Commission issued a document to support independent employment of micro-business, e-commerce, online live broadcasts, etc.
36Kr learned that today, the National Development and Reform Commission and 13 other departments issued the "Opinions on Supporting the Healthy Development of New Business Forms and Models to activate the Consumer Market and drive the Expansion of Employment", which clearly stated that new individuals should be actively cultivated and supported independent employment. Further reduce the cost of online entrepreneurship and employment for self-employed individuals and provide diversified employment opportunities. Support diversified independent and time-sharing employment such as micro-commerce, online live broadcasts, etc. (36Kr)
2. "Live E-commerce Anchor GMV Monthly List" June list released: Via tops the list
According to news on July 15, recently, the June 2020 "Live E-commerce Anchor GMV Monthly List" jointly released by WeMedia, Bianniushi, Xinbaer and Phoenix Entertainment showed that among the top 50 live e-commerce anchors, 28 Taobao anchors were on the list, 19 Kuaishou anchors were on the list, and 3 Douyin were on the list. Among them, Taobao anchor Weiya, Kuaishou anchor Simba, and Taobao anchor Li Jiaqi ranked in the top three. In addition, Zhang Ting, the highest ranking among Douyin anchors, ranked 19th in the overall list, and Luo Yonghao fell from 25th on the May list to 47th. (E-commerce News)
3. JD Retail and King of Glory KPL reach strategic cooperation
36Kr learned that today, JD Retail announced an annual strategic cooperation with Honor of Kings KPL, becoming the new partner of Honor of Kings KPL, and holding a signing ceremony. On the one hand, this cooperation will focus on the rights and interests to the event itself, and on the other hand, it will carry out extensive cooperation in event promotion, user scale, fan interaction and other content. (36Kr)
4. Henan’s “Pinduoduo” industrial poverty alleviation project is implemented in Zhongmu County
On July 15, the Henan Provincial Poverty Alleviation Foundation’s “Pinduoduo” industrial poverty alleviation project was launched in Zhongmu County, and the yellow peach planting base was officially launched locally. At the launching ceremony, Wang Qin, chairman of the Henan Poverty Alleviation Foundation, introduced that in November 2019, the Henan Poverty Alleviation Foundation signed an industrial poverty alleviation cooperation agreement with Pinduoduo. The launch of the Huangtao Industrial Poverty Alleviation Base in Zhongmu County is one of the projects implemented by both parties. Pinduoduo said that in recent years, Pinduoduo has taken the initiative to give full play to the advantages of e-commerce platforms and effectively participated in poverty alleviation. It is hoped that through this Zhongmu County Yellow Peach Industry Poverty Alleviation Project, local poor households can be driven out of poverty and become rich, and gradually become a characteristic industry. (E-commerce News)
5. Luxury brands Burberry and Swatch announce layoffs
Burberry Group will restructure its company structure and lay off employees, laying off 500 employees worldwide to cut costs, people familiar with the matter said, after a sharp drop in sales due to the closure of operations. In addition, Swatch Group, the world's largest watchmaker, announced the largest layoff in 30 years, laying off about 2,400 people to reduce the number of stores. In the first half of the year, Swatch's revenue fell 43%, and it suffered its first loss in history. (Bloomberg)
Internet Information
6. Meituan restarts hotel group buying, and the new product "super group buying" has been launched for testing
Meituan will restart the group buying model in the hotel field. A new product called "Super Group Buying" has been launched for testing, and will further focus on the high-star hotel market. (Sina Technology)
7. The first batch of cross-provincial travel products are launched, and the first group in Ctrip will be sold out in ten seconds
36Kr learned that after the Ministry of Culture and Tourism issued a notice the day before, Shandong, Qinghai, Sichuan and other provinces announced the opening of cross-provincial tours. Ctrip revealed that the first batch of products from many cooperative travel agencies will be launched online on Ctrip's platform and offline stores, and the first cross-provincial tour group will be sold out in ten seconds. (36Kr)
8. Luckin Coffee appointed "low-level intervention" joint temporary liquidator
36Kr learned that on July 15, Luckin Coffee issued an announcement stating that according to its submitted application, the Cayman Court appointed two managing directors of Anmai Cayman Islands Enterprise Consulting Co., Ltd. as "low-intervention" joint temporary liquidators on July 13, and they will monitor the restructuring process of Luckin Coffee in a "low-intervention" manner. Luckin Coffee said the appointment of a joint temporary liquidator would provide a stable platform that allows the company and its consultants to negotiate and implement restructuring on the company's debt. (36Kr)
9. Facebook calls on companies to formulate clear and standardized data privacy policies
According to foreign media reports, Facebook has released a paper calling on companies to formulate a clearer and more standardized user data privacy policy. This is part of a white paper released by Facebook for potential regulatory agencies, and governments around the world are currently taking action to impose stricter restrictions on corporate user information collection. (Sina Technology)
Cross-border e-commerce
10. UK will withdraw from customs alliances. Amazon sellers are subject to taxes and fees
On July 15, Amazon's official WeChat official account released information showing that the UK will officially withdraw from the EU's single market and customs alliance on January 1, 2021, although negotiations with the EU are still underway, including determining specific tariffs applicable under different circumstances. However, starting from January 1, 2021, a customs border will be added between the UK and the EU. This will have an impact on cross-border operations between the UK and the EU. Therefore, Amazon recommends that because FBM products using the European Delivery Network (EFN) will not be delivered across the UK and EU borders. If sellers need to fulfill their cross-border self-delivery orders, they must ensure that they handle the required customs declaration matters and pay all taxes and tariffs before delivering the goods to the buyer.
In terms of inventory, Amazon said that while the FLM Europe Integration Service (Pan-EU) inventory transfer between the UK and the EU will be stopped, the integrated service will continue to ship inventory within the EU to support sellers’ sales on their sites in Germany, France, Italy and Spain. In this regard, Amazon suggested that sellers may consider splitting their inventory and ship them to Amazon operating centers in the UK and EU respectively.
As for Chinese sellers who directly send products to Amazon's operating centers in the UK or the EU, Amazon said that since it does not involve cross-UK and EU border delivery, neither inventory services nor self-delivery orders will be affected. (Hugo)
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