#Laogao E-commerce Newsletter#[E-commerce Evening News on October 16]

    　　#Laogao E-commerce Newsletter#[October 16 E-commerce Evening News Brief] Baidu App launches the "shopping" channel in a low-key manner; the ranking of the TOPs of 5G+ video function applications is announced, Taobao live broadcasts are on the list; Lazada Vietnam Station announces three major upgrade measures to prepare for the Double 11 promotion; Ai Recycling: iPhone 12 release stimulates the platform's daily recycling submissions to increase by 5 times; JD.com reached a cooperation with Zhenhua Supermarket...

    　　E-commerce newsletter

    　　1. Baidu App launches the "Shopping" channel in a low-key manner

    　　Baidu App is launched in a low-key manner on the "Shopping" channel, and the page includes sections such as "Teacher Live" and "Discover Good Things", as well as smart recommendations such as you may like and live broadcasts. The reporter found that users need to add the "Shopping" channel in "Channel Management" - "Add Channels". The products sold on this channel include electronic products, daily necessities, etc. (Europe)

    　　2. Specialty tea brand "Teamonk" received US$890,000 Series A financing

    　　Recently, the specialty tea brand "Teamonk" received a US$890,000 Series A financing, led by Inflection Point Ventures. Teamonk is located in Bangalore, Karnataka, India and was founded in 2016 by former Unilever executives Ashok Mittal and Amit Dutta. For the new round of financing, Teamonk intends to use business expansion in the United States, the United Kingdom and Canada. In addition, the company is going to launch a subscription-based platform in India to expand its domestic business. (Titanium Media)

    　　3. Ciaoniao Gou and NetEase Game Onmyoji launch a joint express box

    　　October 16th news, yesterday, Cainiao Gougou and NetEase Game Onmyoji cooperated across the border to launch the "Full your heart, send it if you want to" express box. According to the event, from October 15 to 17, users in 9 cities including Chengdu, Nanjing, Hangzhou, Shanghai, Shenzhen, Guangzhou, Beijing, Wuhan, Chongqing, etc. will have the opportunity to get a joint express box for free as long as they use Cainiao Purchase to place an order and send express delivery. At the same time, users can also randomly obtain this limited-edition express box at some campus Cainiao Stations in 9 cities. (36Kr)

    　　4. The ranking of the TOP of 5G+ video function application is announced. Taobao live broadcasts are listed on many lists

    　　October 16th news, recently, at the "ICT China 2020 High-level Forum of China 5G+ Big Video Industry Development Summit Forum", Zhongguancun Modern Information Consumption Application Industry Technology Alliance released the TOP ranking of 5G+ video function applications. Among them, Taobao Live is ranked first in the live broadcast sales list, and the other nine top players are Douyin, Mogujie, Suning.com, Kuaishou, Pinduoduo Live, JD Live, Yunji, Youbo and Weipaitang. At the same time, Taobao Live has also been shortlisted in the top 10 innovation list and the top 5 experience list. In addition, VIPKID, Zuoyebang, Tencent Classroom and others are shortlisted for the top 50 online education list. (E-commerce News)

    　　5. Miniso Ye Guofu: Welcome Alibaba to the high bidding competition track

    　　On October 16, on October 15, local time in the United States, Miniso landed on the New York Stock Exchange. At the listing ceremony, Miniso founder, chairman and CEO Ye Guofu said about Alibaba's plan to open 1,000 "1 yuan stores" nationwide within three years, "Welcome Alibaba to enter the high bidding track, which shows that this track is very good and also in line with the future development trend." According to Miniso's prospectus, as of June 30, 2020, Miniso has opened a total of 4,222 "MINISO" brand stores around the world, of which 2,533 domestic stores and 1,689 overseas stores. (E-commerce News)

    　　Internet news

    　　6. Youxin launches three-day free trial service for vehicles across the site

    　　All vehicles on sale on Youxin used car platform enjoy the "three-day free trial" rights. Conditions for return of the vehicle include: exercising no more than 500 kilometers, no new damage, no spare parts and accessories lost; filing a return application within 72 hours after signing the vehicle handover order; failure to exercise the "three-day free trial" rights; non-malicious purchase. (Europe)

    　　7. Ai Recycling: iPhone 12 release stimulates the platform's single-day recycling submissions to increase by 5 times

    　　According to the news on October 16, Aihuihui Big Data Research Institute stated that on October 14, after the release of iPhone 12, the platform's daily recycling submission volume increased by 5 times compared to usual days. This shows that the release of new phones has played a significant stimulating role in the growth of mobile phone recycling volume, and the peak of replacement is coming. (Titanium Media)

    　　8. JD.com and Zhenhua Supermarket reach cooperation

    　　On October 16, JD.com Dada Group's subsidiary JD.com and Zhenhua Supermarket announced a cooperation, and the two parties will carry out comprehensive cooperation in various fields such as event marketing and product management. Zhenhua Supermarket’s first batch of JD.com’s stores were concentrated in two key cities in Shandong Province, Qingdao and Yantai. In the future, stores in each city will be launched in batches. (Titanium Media)

    　　9. The second-hand idle market size will reach 1 trillion yuan

    　　According to statistics, in 2018, the scale of second-hand idle market in my country reached 740 billion yuan, with a growth rate of nearly 30%. It is estimated that the market size can reach 1 trillion yuan in 2020.

    　　According to the analysis of the valuation of my country's second-hand e-commerce platforms by the E-Commerce Research Center, my country's second-hand e-commerce has initially formed a competitive market structure of two major oligarchs with "salted fish and Zhuanzhuan", with a market valuation of more than 20 billion yuan; secondly, the valuation of Aihui Platform exceeds 10 billion yuan, which is in the second echelon. (Titanium Media)

    　　Cross-border newsletter

    　　10. Lazada Vietnam Station announces three major upgrade measures to prepare for Double 11 promotion

    　　According to October 16, Lazada recently released a biweekly report on the Vietnam market. The weekly report pointed out that in order to welcome the Double 11 promotion, Lazada Vietnam Station will take three upgrade measures: in terms of translation optimization, for products with high traffic, bad reviews, low scores and multiple returns, Vietnam Station will complete and update the title rewrite of 400,000 similar products on November 1; in terms of category unlocking, Vietnam Station has currently unlocked more than 3,000 leaf categories and will continue to unlock; at the same time, Vietnam Station will control bad buyers, reduce transportation time, control areas with high cash on delivery and free delivery failure rates, and improve logistics services. (E-commerce News)

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