#Laogao E-commerce Newsletter# [E-commerce Morning News on August 18] Tmall Overseas helps Shantou Industrial Belt toys overseas increase by 37% in July; Suning.com 818 One-hour battle report: Internet sales increased by 134% year-on-year; Yangmatou launched the "National Live Broadcast" plan, hoping to create a thousand buyer anchors with over 100 million live broadcasts; Shentong Express launched the terminal store "Meow Station"; Pizza Hut, a subsidiary of Yum Catering Group, will close up to 300 branches in the United States...
E-commerce newsletter
1. Tmall overseas helps Shantou Industrial Belt toy transactions to increase by 37% in July
According to the news on August 17, according to the news from the World Online Business, after Alibaba restarted the "Spring Thunder Plan" in April this year, the Chenghai toy industry belt in Shantou, Guangdong has seen a recovery. In July, the transaction volume of industrial belt toys exported through Tmall overseas increased by 37% year-on-year. It is understood that in April this year, Alibaba announced that it would launch the Spring Thunder Plan again, creating new supply, stimulating new demand, and promoting new trade through a series of measures, including helping small and medium-sized foreign trade companies go overseas through platforms such as AliExpress, Lazada, and Tmall Overseas. (E-commerce News)
2. Suning.com 818 One-hour battle report: Internet sales increased by 134% year-on-year
According to the 818 one-hour battle report data released by Suning.com, from 0:00 to 1:00 on August 18, Suning.com's Internet sales increased by 134% year-on-year. The "10 billion subsidy" zone increased by 350% month-on-month from 618 on the previous hour of the day. In the first 8 minutes, the sales of brands such as Apple, Midea, Huawei, Gree, Lenovo, Haier, and Xiaomi were the first to exceed 100 million. (Securities Times)
3. Yangmatou launches the "National Live Broadcast" plan, hoping to create a thousand buyer anchors with over 100 million live broadcasts
On August 17, at the 10th anniversary press conference of Yangmatou, Yangmatou CMO Cai Hua said that Yangmatou launched the "National Live Broadcast" plan to create 1,000 buyer anchors with live broadcasts of over 100 million, and revision the APP, so that live broadcast elements are everywhere and buyers can broadcast anytime and anywhere. (Titanium Media)
4. Shentong Express launches the terminal store "Meow Station"
Following the launch of its own express cabinet brand "Meow Cabinet", Shentong Express has recently vigorously promoted its own express terminal store brand - "Meow Station" in its internal express network. Meow Station will operate under an independent brand, and the system has been connected with peer systems. It can collect express delivery from ZTO, Yunda, Yuantong and Baishi, and will be connected to Jitu, Tiantian and Debang in the future. (interface)
5. JD.com operates more than 750 warehouses, and the inventory turnover days have dropped to 34.8 days and hit a new low in the past five years.
36Kr learned that JD Group's Q2 financial report in 2020 shows that as of June 30, 2020, JD Logistics operated more than 750 warehouses, including the cloud warehouse area managed by JD Logistics, with a total storage area of about 18 million square meters. At the same time, the inventory turnover days fell to 34.8 days, setting a new low in the company in the past five years. (36Kr)
Internet news
6. SoftBank holds $1.2 billion in Amazon stocks and has invested in other U.S. technology stocks such as Tesla
SoftBank Group is expanding its investment activity beyond unlisted startups, according to documents submitted to regulators on Monday. In addition, in addition to Amazon, SoftBank Group has also invested in Netflix, Tesla, Microsoft and Google's parent company Alphabet. (Sina Technology)
7. Apple extends AppleCare+ purchase period: users can decide within 60 days
Apple announced to its retail and customer service team on Monday that it would extend the period when users can purchase AppleCare+ services. According to Apple's latest plan, users can currently register to purchase a warranty and service plan within 60 days of purchasing Apple's hardware products. In the United States and Canada, this time window has increased to up to one year. (Sina Technology)
8. Pizza Hut, a subsidiary of Yum Catering Group, will close up to 300 branches in the United States
Pizza Hut will close up to 300 branches in the United States as part of an inter-agent agreement between Yum Catering Group and its largest U.S. franchisee, NPC International, which will also sell its remaining 927 Pizza Hut branches. The closed Pizza Hut performed less than other branches of the chain, and is expected to be mostly dine-in stores. (Zhitong Finance)
9. Musk is worth US$84.8 billion, becoming the fourth richest man in the world
Tesla's stock price rose 11% on Monday, hitting an all-time high, driving the company's CEO Musk's net worth of $7.8 billion to $84.8 billion. This has enabled Musk to surpass French luxury tycoon and chairman of LVMH Group Bernard Arnault, becoming the fourth richest man in the world on the Bloomberg billionaire list. (Sina Technology)
Cross-border newsletter
10. It is said that Amazon is in preliminary negotiations for investing in cloud service company Rackspace
On August 18, Reuters quoted people familiar with the matter on Monday as saying that Amazon is in preliminary negotiations to invest in US cloud service provider Rackspace. Sources said the deal would involve Amazon’s acquisition of a minority stake in Rackspace, which will help companies migrate data to Amazon Web Services (AWS). It is understood that as of Monday's closing, Rackspace rose 10.30%. (E-commerce News)
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