#Laogao E-commerce Newsletter#[E-commerce Evening News on September 3]

#Laogao E-commerce Newsletter# [E-commerce Evening News on September 3] Report: Taobao's special price version has helped 300,000 foreign trade factories to be converted into domestic sales; Luzhou Laojiao and Alibaba have reached strategic cooperation; Kuaishou has released version 8.0, and has comprehensively upgraded LOGOs and other products; Meituan launched the "Thousand Cities Plan" to increase community group buying, and will be deployed nationwide within the year; eBay will provide new transportation services through joint parcels, and will be fully launched before the end of September...

E-commerce newsletter

1. Report: Taobao special price version has helped 300,000 foreign trade factories to be converted to domestic sales

On September 3, the research team of the Institute of Industrial Economics of the Academy of Social Sciences released a special report on "Research on the Digital Value of Foreign Trade to Domestic Sales and E-commerce Platforms". The report pointed out that "foreign trade to domestic sales" has now become an important adjustment direction for my country's export-oriented manufacturing companies to overcome difficulties. It mentioned that Taobao’s special price version has helped 300,000 foreign trade factories to be converted to domestic sales, covering 70% of the country’s industrial belts. In addition, according to official reports, since the Taobao Special Price Edition was launched on March 26 this year, it has gathered 145 industrial belts, 1.2 million industrial belt merchants, 500,000 foreign trade merchants, and more than 300,000 foreign trade factories in China within 100 days. (E-commerce News)

2. Taobao Live's target GMV for 2020 has been raised to 500 billion yuan

36Kr learned from several sources that the target GMV (i.e., total transaction volume) of Taobao live broadcast in 2020 is expected to be 500 billion yuan. Previously, 36Kr reported that Kuaishou e-commerce's GMV target has been raised to 250 billion yuan, while Douyin has reached 200 billion yuan. 36Kr asked Alibaba for confirmation on this, and as of press time, the other party had no response. Sales of 500 billion yuan per year have far exceeded Taobao Live's previous expected target. In 2018, Taobao official said that Taobao live streaming is expected to reach a scale of 500 billion yuan in three years. (36Kr)

3. Luzhou Laojiao and Alibaba reach strategic cooperation

Yesterday afternoon, the signing ceremony of the strategic cooperation agreement between Luzhou Laojiao Co., Ltd. and Alibaba (China) Co., Ltd. was held in Xixi Park, Alibaba headquarters in Hangzhou. After this contract, Luzhou Laojiao plans to build a new generation infrastructure platform for Luzhou Laojiao based on Alibaba Cloud's cloud computing and middle-end capabilities to meet the business needs in the next three to five years and support the flexible expansion of future business. (interface)

4. Kuaishou released version 8.0, comprehensively upgraded LOGO and other LOGOs

 36Kr learned that today, Kuaishou released version 8.0, making a series of updates to the design of LOGO, SLOGAN and main interface. The new version is compatible with two browsing modes: double-column click-and-slide up and down, and adds a bottom navigation bar and "Selected" Tab to the homepage. According to reports, this is the biggest upgrade since Kuaishou has transformed from GIF tools to the short video community in 2014. This version is also the first short video live broadcast application in China that supports 1080P high-definition video. (36Kr)

5. Meituan launches the "Thousand Cities Plan" to increase community group buying and expand across the country within the year

 September 3rd news, Meituan Youxuan recently announced the launch of the "Thousand Cities Plan", aiming to achieve national coverage by the end of the year and gradually sink to county-level markets. (Titanium Media)

Internet news

6. Lian Coffee announces its return, and new products point to the "coffee retail business"

36Kr learned that today, Lian Coffee announced its return and the new product launch plan will be officially launched. In the new business, Lian Coffee's product system will undergo significant changes. The product series will include but are not limited to pre-packaged forms such as coffee capsules, earrings, freeze-dried powder, etc. Lian Coffee will officially enter the fast-moving consumer beverage industry. Secondly, in terms of channels, in addition to WeChat official accounts and mini programs, even coffee will appear in Tmall, convenience stores and other channels, and its service scope will be expanded from Beijing, Shanghai, Guangzhou and Shenzhen to the whole country. (36Kr)

7. Dingding and Alipay launch "Campus Collection" product

36Kr learned that the "campus collection" product jointly developed by DingTalk and Alipay was officially launched today. Campus collection products are targeted at users of universities, middle schools, primary schools and education and training institutions. In terms of fee rates, campus collection products are free for public schools in primary and secondary schools, and the opening fee and handling fee are zero. There are discounts on the fees for education and training institutions, and the handling fee is 0.38%. (36Kr)

8. Mafengwo Tourism and Tencent Cultural Tourism jointly released the 2020 "Autumn Tourism Bee-Belled Bibliography"

 36氪获悉，日前，马蜂窝旅游联合腾讯文旅发布了2020年“秋季旅游蜂向标”。数据显示，湖北省宜昌、恩施、武汉三座城市在秋季旅游蜂向标的热度涨幅榜中位列前三。北京秋季旅游热度上涨51%，位列热度涨幅榜第五位，热度榜第十位。此外，东北的长春、哈尔滨、沈阳均进入秋季旅游热度涨幅榜前十。（36氪）

9. Aikucun accused Vipshop of forcing merchants to "choose one of two", Vipshop responded: It is not true

Previously, Aikucun said that Vipshop's behavior of forcing merchants to "choose one of two" violated the basic principle of fair competition in the market economy, and asked Vipshop to immediately stop the wrong behavior of "choose one of two". (interface)

 Cross-border newsletter

10. eBay will provide new transportation services through joint parcels and will be fully launched before the end of September

 On September 2, eBay and United Parcel announced a new collaboration to expand shipping options in eBay’s global market. The new shipping options will be fully launched to all sellers by the end of September. This partnership allows United Parcels to offer many new features for merchandise sold and shipped on eBay, including up to 48% discount on UPS land shipping and up to 62% discount on UPS second day air shipping. (Zhitong Finance)

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