#Laogao E-commerce Newsletter# [May 17 E-commerce Evening News Brief]

      Jitu International has opened a charter flight route in Guangzhou-Los Angeles; US Postal Service plans to spend US$40 billion to integrate sorting facilities; Kuaishou has issued a number of import e-commerce investment rules; it is expected that the scale of the fresh food e-commerce industry will exceed one trillion yuan by 2023; Pinduoduo affiliated companies apply to register the "Duoduojinbao" trademark...

      Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. Ministry of Finance and 3 other departments: Expand the coverage of e-commerce in rural areas

      On May 17, the General Office of the Ministry of Finance, the General Office of the Ministry of Commerce, and the Comprehensive Department of the State Rural Revitalization Bureau jointly issued a notice on carrying out the comprehensive demonstration work of e-commerce in rural areas in 2021. It proposes to expand the coverage of e-commerce in rural areas, improve the rural commerce and trade circulation system, promote rural consumption, and cultivate a group of demonstration counties with their own characteristics and experience that can be replicated and promoted. Logistics costs in demonstration areas have been significantly reduced, and the annual growth rate of rural online retail sales and agricultural products online retail sales is higher than the national average. Agricultural products entering cities and industrial products to the countryside are effectively smooth, helping farmers increase their income and become rich. (E-commerce News)

2. Pinduoduo affiliated companies apply for registration of the "Duoduojinbao" trademark

      According to the news on May 17, Tianyan Check information showed that on May 7, Shanghai Xunmeng Information Technology Co., Ltd. applied to register the "Duoduojinbao" graphic trademark. The international classification involves website services. The current trademark status is "trademark application". Public information shows that Duoduojinbao is a marketing tool that helps the group leader to promote products and buyers pay a certain proportion of commission. (E-commerce News)

3. iResearch Consulting: It is expected that the scale of the fresh food e-commerce industry will exceed one trillion yuan by 2023

      On May 17, iResearch Consulting released a 2021 China Fresh E-commerce Industry Research Report. The report shows that due to the impact of the new crown epidemic, China's fresh food e-commerce market developed rapidly in 2020, and the scale of the fresh food e-commerce industry reached 458.49 billion yuan, an increase of 64.0% over 2019. With the development of fresh food e-commerce and the maturity of models, the development of users' online shopping habits, the increasing coverage of fresh food e-commerce users and the increasing maturity of technology, iResearch expects that fresh food e-commerce will continue to grow rapidly in the future, and the scale of the fresh food e-commerce industry will exceed one trillion yuan by 2023. In addition, iResearch expects that the fresh food retail market will continue to grow in the future, and the scale of China's fresh food retail market will reach 6.8 trillion yuan by 2025. (Tianxia Online Business)

4. In the first four months, my country's total retail sales of consumer goods increased by 13837.3 billion yuan year-on-year.

      According to reports on May 17, data disclosed by the National Bureau of Statistics showed that in April 2021, my country's total retail sales of consumer goods was 331.53 billion yuan, a year-on-year increase of 17.7%; an increase of 8.8% over April 2019, with an average growth rate of 4.3% in the two-year period. Among them, the retail sales of consumer goods other than automobiles was 294.68 billion yuan, an increase of 17.9%. Excluding price factors, the total retail sales of consumer goods in April increased by 15.8%, with an average growth of 2.6% in two years. From a month-on-month perspective, the total retail sales of consumer goods increased by 0.32% in April. From January to April, the total retail sales of consumer goods was 138,373 billion yuan, an increase of 29.6% year-on-year, with an average growth rate of 4.2% in the two years. Among them, the retail sales of consumer goods other than automobiles was 12406.3 billion yuan, an increase of 27.7%. (Yibang Power)

5. Kuaishou releases a number of import e-commerce investment rules

      According to May 17, yesterday, Kuaishou released a number of new import e-commerce business regulations, including "General Rules for Kuaishou Import E-commerce Platform", "Kuaishou Import E-commerce Investment Management Rules", "Kuaishou Import E-commerce Settlement Rules", "Kuaishou Import E-commerce Store Refund Rules", "Kuaishou Import E-commerce Price List", etc. According to reports, Kuaishou imported e-commerce platform refers to a website (including mobile) whose domain name is kwaixiaodian.com, an affiliated company of Kwai Technology Limited, whose domain name is kwaixiaodian.com (including mobile). At present, Kuaishou’s import e-commerce investment promotion platform only opens “beauty/personal care and cleaning”, “food”, “watches” and “luxury goods”. (Yibang Power)

Internet news

6. Bytes affiliated companies wholly owned by Digital Fu Transform, the latter's business scope includes performance brokerage, etc.

      According to the news on May 17, Tianyancha App showed that recently, Beijing Shufu Transform Technology Co., Ltd. has undergone a number of industrial and commercial changes. Guo Yali withdrew from the legal representative and shareholder, adding Li Fei as the legal representative; at the same time, adding a new shareholder Beijing Xingyun Chuangji Technology Co., Ltd. Beijing Shufu Transformation Technology Co., Ltd. was established in September 2018 with a registered capital of RMB 1 million. Its business scope includes data processing; radio and television program production; performance brokerage; literary performance; engage in Internet cultural activities, etc. Currently, the company is wholly owned by Beijing Xingyun Chuangji Technology Co., Ltd., a wholly owned subsidiary of ByteDance Co., Ltd. (E-commerce News)

Cross-border newsletter

7. Southeast Asian unicorn Tokopedia and Gojek announce merger to form Goto

      On May 17, Indonesian online ride-hailing company Gojek and Indonesia's largest e-commerce company Tokopedia announced a merger on Monday, and the company name changed to GOTO after the merger. It is reported that the merger transaction has received support from investors such as Alibaba, BlackRock, Singapore Temasek, Sequoia Capital, and Google. The merged new company will become the largest e-commerce and online ride-hailing platform in Indonesia and may choose to go public in the future. In addition, Soelistyo, co-president of Indonesian online ride-hailing company Gojek, will lead GOTO. (Sina Finance)

8. Dunhuang.com: Mexico 3C special products special offline

      On May 17, Dunhuang.com issued an announcement today stating that in order to improve the overall service quality of the platform, the online shipping channel has been adjusted. The platform will take off the Mexico 3C special special line at 14:00 on May 17, closing the order entrance of this line and no new orders will be accepted. If you have new orders, you can choose to ship the goods through other channels. The time for resuming online will be notified separately. It is worth noting that the Dunhuang Net Mexico 3C special special offer line will be launched in late April this year, and will be offline in less than one month after it goes online. (E-commerce News)

9. US Postal plans to spend $40 billion to integrate sorting facilities

      May 17th news, recently, the US Postal Service announced a decade-long development plan that is expected to cost $40 billion, aiming to achieve financial sustainability and service improvement. Among them, in terms of infrastructure renovation and expansion, the US Postal Service is expected to spend US$20 billion on mail parcel processing network and facilities upgrades and procurement. The U.S. Postal plans to purchase 138 parcel processing and sorting equipment, put into use before the peak season this year, and plans to rent 45 sorting facilities around existing facilities. At the same time, the mail processing equipment in 18 facilities was removed and replaced with parcel processing equipment. It is reported that the entire renovation work is expected to be completed in November this year. In the next 18 months, as parcel volume increases, it is expected to purchase more sorting equipment. (China Post Express)

10. Jitu International opens a chartered flight route in Guangzhou-Los Angeles

      On May 17, on May 15, Jitu International Logistics Co., Ltd.'s chartered flight business successfully started at Guangzhou Airport, carrying cross-border e-commerce goods and other materials, and flew directly from Guangzhou to the United States (Los Angeles). In order to support peers and cross-border e-commerce customers, it solved logistics problems such as insufficient flight positions and slow timeliness to a certain extent. According to reports, Jitu International will provide two direct freight charter services every week from May to August. All the goods are shipped out by charter flights and there is no need to transfer, which will save time and multiple shipments, make up for the shortcomings of no direct flights, and reduce cargo damage, cargo disparity or loss.