#Laogao E-commerce Newsletter#[E-commerce Evening News on September 2]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on September 2] Taobao Xinxuan helps foreign trade factories expand domestic sales, incubating more than 10,000 new products in four months; Yangmatou built its own luxury goods identification center, and luxury goods sales increased by 50% year-on-year; YTO and Alibaba reached a new round of strategic cooperation to jointly build digital logistics and international logistics; Walmart: no business plan for sale in China; Amazon opened a new Whole Foods store and launched an online grocery delivery service...

　　E-commerce newsletter

　　1. Taobao Xinxuan helps foreign trade factories expand domestic sales, incubating more than 10,000 new products in 4 months

　　On September 2, Alibaba launched the "Spring Thunder Plan" special action to support small and medium-sized enterprises, and will help foreign trade factories expand the domestic sales market as one of its main tasks. After the launch of the "Spring Thunder Plan", Taobao Xinxuan announced the opening of the investment portal for foreign trade factories. (Titanium Media)

　　2. Close 12 offline stores, and Laox, the largest duty-free shop in Japan, has entered Lazada

　　Yiou learned that on July 28 this year, Laox, Japan's largest duty-free store chain, announced that due to the sharp drop in foreign tourists, it will be forced to close half of its 24 stores to cut costs and restore cash flow. Almost at the same time, Laox completed its entry into Lazada's brand mall LazMall, seeking new growth opportunities through online sales in Southeast Asia.

　　According to reports, this year Lazada has set up a fast channel for the brand to enter LazMall, and the entry period is shortened from one month to one week. In addition, Lazada has also established an exclusive service team to provide accurate data-based product selection and pricing overall solutions for the Southeast Asian market, as well as a complete set of cross-border logistics solutions. (Europe)

　　3. Yangmaidou built its own luxury goods identification center, and luxury goods sales increased by 50% year-on-year

　　In order to further enhance consumers' sense of security and shopping experience, cross-border e-commerce platform Yangmatou officially launched the luxury goods appraisal service - the "Luxury Product Escort" plan in July 2020. It is revealed that the service has been favored by consumers since it was launched. The orders for choosing the "luxury escort" service in Yangmatou luxury goods orders account for more than 80%. The sales and repurchase rate of luxury goods with a unit price of more than 2,000 yuan on the platform increased by 50% and 70% year-on-year. (Europe)

　　4. iResearch Consulting: It is expected that by 2023, the transaction scale of fresh food e-commerce market will exceed 800 billion yuan

　　据艾瑞咨询发布的研究报告显示，2019年中国生鲜电商行业市场交易规模达2796.2亿元，较上一年增长36.7%。2020年受疫情影响，消费者对于生鲜到家的需求急速增长，生鲜电商市场交易规模将会有显著的提升，预计到2023年，生鲜电商市场交易规模将超过8000亿元。（亿欧）

　　5. JD.com Global Sales: Overseas Chinese Business increased by 3 times in the first half of the year

　　On September 2, Yiou learned that on the third anniversary of the establishment of JD Global Sales-Overseas Chinese Business (global.jd.com), it announced the launch of the "Beijing" global plan to help Chinese merchants go overseas. At the same time, the JD Global Sale 99 Super Anniversary for global consumers will officially start on September 1, 2020, and will last until September 9, and subsequent return activities will last until September 13.

　　It is reported that as JD.com's shopping platform for global consumers, JD.com Global Sales has achieved rapid growth recently. Data shows that in the first half of the year, JD.com's global sales of overseas Chinese business increased by 310% year-on-year, the number of orders increased by 409% year-on-year, and the number of users increased by 256% year-on-year.

　　According to data, JD.com Global Sales-Overseas Chinese Business was launched in 2017. It uses JD.COM’s main website as an engine and uses the business infrastructure such as transaction, payment, logistics, marketing, technology accumulated over the years of the main website to expand JD.com’s entire ecological model to Hong Kong, Macao, Taiwan and overseas markets, and exports massive high-quality products to global consumers. (Europe)

　　Internet news

　　6. YTO and Alibaba have reached a new round of strategic cooperation to jointly build digital logistics and international logistics

　　YTO has issued an announcement showing that it has reached a new round of strategic cooperation with Alibaba and has increased its holdings in YTO. YTO has been increased by Alibaba, and the two sides jointly promote collaborative cooperation and complementary advantages in express logistics, air cargo, international networks, supply chains, information technology, etc., and enhance both parties' customer service capabilities and global comprehensive service capabilities. (Europe)

　　7. DingTalk officially launches smart OA products to solve many management problems

　　On September 2, Alibaba DingTalk announced today that the new product "OA Approval" has been officially launched, solving the problems of human, financial and material management in one-stop. (Titanium Media)

　　8. Walmart: No plans to sell China business

　　According to September 2, recently, there were market rumors that Walmart had contacted some companies about selling part of its equity in China's hypermarket business. Walmart issued a statement through its official channels: We have noticed rumors about "selling Chinese hypermarket business". In response, Walmart has never commented on market rumors and has no plans to sell Chinese business. (Titanium Media)

　　9. Xiamen legislative punishment for the delivery of express cabinets without the consent of the recipient

　　On September 2, the reporter learned from the Legal Affairs Committee of the Xiamen Municipal People's Congress that the "Xiamen Special Economic Zone Postal Regulations" was recently passed by the 37th meeting of the Standing Committee of the 15th People's Congress of Xiamen. Relevant terms and conditions stipulate that express delivery companies use smart delivery facilities to deliver express parcels without the consent of the recipient, and the company and relevant responsible persons will be punished. (Titanium Media)

　　Cross-border newsletter

　　10. Amazon opens a new Whole Foods store and launches online grocery delivery service

　　On September 1, Amazon will launch a new store for its high-end food chain Whole Foods, as the supermarket's first logistics distribution center that is only used online. On the same day, competitor Walmart announced that it will launch Walmart+, which competes with Amazon Prime, on September 15. (Zhitong Finance)

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