#Laogao E-commerce Newsletter# [E-commerce Morning News on July 20] Pinduoduo Jiuding: Pinduoduo has no flaws in GMV statistics and information disclosure; Suning Micro Warehouse System has been upgraded again to add more delivery and waiting for home delivery services in one day; Taopiaopiao will start the "Long time no see, my cinema" series of activities tomorrow; Luo Yonghao's live broadcast room has a tongue error, and Master Kong's product compensation plan has been announced; Fengchao applies for a patent for smart express cabinets to conduct live tests on express delivery...
E-commerce newsletter
1. Pinduoduo Jiuding: Pinduoduo has no flaws in GMV statistics and information disclosure
In response to the doubts encountered in Pinduoduo's GMV statistics in the first quarter of 2020, Jiuding, vice president of strategy of Pinduoduo, said that Pinduoduo has no problems in GMV statistical caliber and information disclosure. The statistical scope of Pinduoduo's GMV is completely consistent with e-commerce platforms including Alibaba and JD.com, that is, the total value of all confirmed product and service orders on the platform, whether the product is actually sold, delivered or returned. Jiuding mentioned that the cancellation of orders or failure to deliver goods due to lack of fulfillment capabilities is higher than normal. Therefore, there is some one-time distortion in the GMV data in the first quarter report. (Sina Technology)
2. JD.com launches online experiential live broadcast of home appliance services
According to July 19, JD.com recently officially launched an online experiential live broadcast event on home appliance services. In the first live broadcast event from July 16 to 22, JD.com will work with Midea to launch a seven-day live broadcast challenge for the whole-house appliance dismantling, and provide detailed explanations to consumers on the specific performance of the product and the maintenance knowledge of the product. Every week in the future, JD.com will invite gold-medal customer service or senior industry experts from home appliance brands to visit JD.com's live broadcast room to help consumers understand the safety usage specifications, installation, maintenance of different types of home appliances and other home appliances. Well-known home appliance brands such as Midea, Philips, Little Swan, Wanhe, and Skyworth will join the live broadcast event one after another. (E-commerce News)
3. Suning Micro Warehouse System has been upgraded again to add more delivery service for one day
According to July 19, Suning Micro Warehouse System has recently ushered in another iteration and upgrade. The upgraded system will support Carrefour One Hour to extend to a larger service range. At the same time, Suning Micro Warehouse System has also added home delivery services such as one-day delivery and next-day delivery to meet consumers' personal needs and promote home delivery business to enter the era of minute-level delivery. Suning Logistics stated that with the continuous improvement of the micro warehouse system, Suning Logistics will focus on building an open warehousing management platform and distribution service platform in the future. (E-commerce News)
4. Rebate Network: Affected by "618", consumption behavior in June showed the characteristics of concentrated consumption and increased volume and price.
On July 17, the Data Research Institute of Rebate Network released the "Insights of Online Shopping Users' Consumption Decision" for June 2020. The report pointed out that affected by the "618 Big Promotion", consumption behavior shows the characteristics of concentrated consumption and both volume and price increase. In terms of category distribution, home improvement and home appliance consumption continued its growth momentum in May and still ranks in the top three of the "TOP10 First-level Category List". In terms of order volume, the order volume of home appliances and home decoration increased by 727.88% and 709.8% month-on-month respectively. TechWeb)
5. The former president of Xiangyi Bencao Yan Ming "turns to" fresh new retail
36Kr exclusively learned that Yan Ming, president of Bencao skin care brand Xiangyi Bencao, has officially taken office as the community fresh food chain brand "Kangpinhui" and served as chairman. Yan Ming himself confirmed the news to 36Kr and responded that he will assist Kangpinhui’s founding team in the future to focus on business model design, systematic construction, brand marketing and other aspects. Kangpinhui was founded in Shanghai in 2010 and is positioned as "a good food at your doorstep". Its selected SKUs radiate to mid-to-high-end fresh food consumers. As of 2019, Kangpinhui has more than 50 stores in Shanghai. (36Kr)
Internet Information
6. Fengchao applies for a smart express cabinet patent to conduct live tests on express delivery
According to news on July 18, Tianyan Check data showed that on July 14, Shenzhen Fengchao Technology Co., Ltd. added two new patent applications, including asset coding management methods, devices, servers and storage media, and smart express cabinets. Among them, the patent type of the smart express cabinet is a utility model. The patent summary shows that the utility model can detect living objects in the delivery main cabinet and storage bin, thereby realizing the technical effect of timely discovering living objects or prohibited items in the express delivery and alarming. (E-commerce News)
7. Taopiaopiao will start the "Long time no see, my cinema" series of activities tomorrow
According to Lieyun.com, on July 20, Taopiaopiao will also start the "Long time no see, my cinema" series of activities to help the industry recover. In addition, in the near future, Taopiaopiao will also link movie directors, celebrities and practitioners to carry out the "Please watch movies for free and return to the theater" activity to help the return of movies with practical actions. (E-commerce News)
8. Luo Yonghao’s live broadcast room has a tongue error, and Master Kong’s product compensation plan has been announced
On July 20, a friend announced the "compensation plan for Master Kong's products in Luo Yonghao's live broadcast room on July 17". They will bear the compensation for the slip of Luo Yonghao's tongue-in-check during the live broadcast. (Titanium Media)
9. Gome launches "Color TV Festival" and launches five major events including 10 billion subsidies
According to July 19, from July 17 to 26, Gome, together with many well-known TV manufacturers at home and abroad, launched the "Color TV Festival" event. This event will not only be launched simultaneously on Gome APP and Gome stores, but will also be launched on the newly launched Gome Mall "Store" channel. At the same time, JD.com Gome’s official flagship store and Pinduoduo Gome’s official flagship store will also start this event. During this color TV festival, Gome also launched five major events. Including limited-time flash sale, tens of billions of subsidies, installment interest-free, etc. (E-commerce News)
Cross-border e-commerce
10. Hainan offshore island duty-free: cumulative sales of 1.07 billion yuan from July 1 to 15
Since the adjustment and implementation of Hainan's off-island duty-free shopping policy on July 1 this year, relevant Hainan departments have deepened the "prevention and investigation and punishment" working mechanism, strengthened the supervision of off-island duty-free smuggling risks, and created a good legal environment and social environment for the implementation of the new off-island duty-free shopping policy. From July 1 to 15, the province's cumulative sales were 1.07 billion yuan, with an average daily sales of more than 71 million yuan, an increase of more than 30% from the average daily sales in June, and the policy effect continued to be released. (interface)
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