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#Laogao E-commerce Newsletter#[E-commerce Evening News on October 15]

2020-10-15

  #Laogao E-commerce Newsletter# [October 15 E-commerce Evening News Brief] Taobao Taiwan: It will officially stop operating in Taiwan at the end of the year; JD announced that this year's Double 11 merchant support policy involves supply chain, finance and other aspects; it is said that my country's first fresh food e-commerce company Yiguo Fresh Food went bankrupt and reorganized; Meituan internally designated "community group buying" business as a first-level strategic project; Wish introduced new regulations: merchants can modify logistics tracking information from October 22...

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  E-commerce newsletter

  1. Taobao Taiwan: It will officially stop operating in Taiwan by the end of the year

  According to October 15, this morning, Taobao Taiwan issued the "Taobao Taiwan Operation Plan Adjustment Announcement", deciding that Taobao Taiwan Front-Taiwan Function will be closed one after another from 11:00 on October 15, and will officially stop operating in Taiwan at 23:59 on December 31 this year. It is understood that Taobao Taiwan opened its website in October last year, and the number of products on the platform is currently about 30 million. After the Double 11 period last year, Taobao Taiwan downloads exceeded 2 million, with monthly performance growth of about 15% to 20%. In September this year, the total number of Taobao transaction orders increased by 280% compared with Zhongqing in 618. (E-commerce News)

  2. JD.com announced that this year's Double 11 merchant support policy involves supply chain, finance and other aspects

  According to October 15, yesterday, JD.com announced its support policies for merchants during this year's "Double 11" period, covering many aspects such as supply chain, logistics, finance, marketing, etc., covering the full chain and full cycle of partner business, helping the platform's third-party merchants double the sales growth rate. Hong Bo, vice president of JD Group and head of the platform ecology department of JD Retail Group Ecological Business Center, said that this year JD 11.11 will bring strong business opportunities to partners, helping the year-on-year growth rate of third-party merchants on the platform to more than twice the year-on-year JD 11.11 last year, creating the largest "acceleration field" for partners in the post-epidemic period. (Titanium Media)

  3. Pinduoduo's "Anniversary": Baidu Netdisk Super Membership Annual Card Price 188 yuan

  36Kr learned that during the "Anniversary" event launched by Pinduoduo, Baidu Netdisk Super Member, Tencent Video Member, Weibo Member and other member recharge products have sales high. The annual Baidu Netdisk Super Membership Card with an original price of 298 yuan, Pinduoduo's subsidy price of 10 billion yuan is 188 yuan, and its sales have exceeded 5 million yuan. (36Kr)

  4. It is said that China's first fresh food e-commerce company, Yiguo Fresh, went bankrupt and reorganized

  According to reports on October 15, Shanghai Yiguo E-commerce, Shanghai Yunxiang Supply Chain Management and Anxianda entered a voluntary bankruptcy reorganization on July 30. According to information, Yiguo Fresh was founded in 2005. It is a fresh food e-commerce company dedicated to providing high-quality fresh food ingredients to urban mid- and high-end families that pay attention to quality of life. It is also the first fresh food e-commerce in my country. Since its establishment, Yiguo Fresh has received multiple rounds of investment from Alibaba. Tianyan Check data shows that Shanghai Yiguo E-commerce Co., Ltd., the operating entity of Yiguo Fresh, has a major shareholder of Taobao (China) Software Co., Ltd., with a 16.56% stake. (E-commerce News)

  5. Meituan has designated "community group buying" business as a first-level strategic project

  Meituan has designated the "community group buying" business as a first-level strategic project. This is the growth curve of Meituan’s new internal planning after the two major businesses of catering takeaway, in-store and hotel tourism, and undertakes Meituan’s next revenue growth point. (Tech Planet)

  Internet news

  6. "Internet Interactive Video Data Format Specification" is released

  36Kr learned that in order to accelerate the standardization of the interactive video industry, the State Administration of Radio, Film and Television, and the Central Radio and Television, iQiyi, Tencent, Youku, Mango, WeChat and other units jointly participated in the formulation of the interactive video industry technical standards - "Internet Interactive Video Data Format Specifications", and was officially released at the "Interactive Audio-Visual Content New Ecological Development Forum" invited by WeChat at the 8th China Online Audio-Visual Conference. This standard stipulates the branch structure of interactive videos, all transmission data elements in the playback interval of the drama, etc., which are suitable for the production, exchange, distribution and playback of interactive video content, and has successfully conducted experiments on broadcast platforms such as iQiyi and Tencent. (36Kr)

  7. Taobao Alliance and China Education Television jointly initiated the "China Digital Economy Vocational Education Alliance"

  According to October 15, the "China Digital Economy Vocational Education Alliance" jointly initiated by Taobao Alliance and China Education Television recently was officially unveiled at the 2020 Taobao Alliance Partner Summit. (Titanium Media)

  8. 58.com and Anjuke released the "Talent Housing Attraction Report": Chengdu and Chongqing are leading the comprehensive housing attraction index

  On October 15, 58.com and Anjuke released the "2020 Urban Talent Housing Attraction Report", which considered the city from the two dimensions of "the livability of the city" and "the development degree of the industry". The report shows that the western representative cities of Chengdu and Chongqing are highly attractive to talents, and the threshold for settlement is relatively low. The popularity of house search and job hunting are both at the forefront, and the comprehensive housing attractiveness index is leading. (China Securities Network)

  9. Binengbao: The number of express parcels in the world exceeded 100 billion for the first time in 2019

  On October 15, according to German Focus Weekly, American express delivery technology company Pitney Bowes recently announced its annual global express parcel index. The index evaluates 13 markets including China, the United States, Japan, Germany and India, covering 3.8 billion people around the world. Data shows that in 2019, the number of parcels in these countries increased from 87 billion in 2018 to 103 billion, which is also the first time that the number of parcels in the world has exceeded 100 billion mark. According to data disclosed by the State Post Bureau, China's express delivery service companies' business volume in 2019 reached 63.52 billion pieces. (E-commerce News)

  Cross-border newsletter

  10. Wish launches new regulations: Merchants can modify logistics tracking information from October 22

  On October 15, Wish issued two rules notices today, upgrading the account balance management of merchants' Wishpost and providing merchants with ways to modify logistics tracking information. Both rules will take effect on October 22, Beijing time. The first announcement shows that Wish will cancel the manual thawing process. When the merchant recharges the balance of its WishPost account to a positive number, the system will automatically thaw the balance the next day after the recharge. Another announcement shows that for all orders released after 22 days, before being confirmed to be fulfilled, the merchant can modify the logistics tracking information within 30 natural days from the date of the order release. At the same time, the merchant must fill in a valid logistics order number. (E-commerce News)


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