#Laogao E-commerce Newsletter# [October 21 E-commerce Morning News Brief] Tmall Double 11: 250,000 brands and 5 million merchants participated in Double 11, of which more than 2 million offline merchants were involved; Baidu APP opened up a closed service loop, and one-stop shopping can be completed during Double 11; Alipay will join Double 11 as an open platform for digital life for the first time; Via will pilot a new model of "live broadcast + quality inspection" for goods; Qiancheng Wuyou Report: The salary increase in the pharmaceutical, Internet and integrated circuit industries is obvious...
E-commerce newsletter
1. Tmall Double 11: 250,000 brands and 5 million merchants participated in Double 11, of which more than 2 million offline merchants
It is understood that this year's Tmall Double 11 has set a record scale: 250,000 brands and 5 million merchants participated in Double 11, including more than 2 million offline merchants. The discounts for Double 11 will reach 14 million, 1.4 times that of last year. (Titanium Media)
2. Baidu APP opens up a closed service loop, and one-stop shopping can be completed during Double 11.
During Double 11, Baidu APP launched a shopping channel. At the same time, Baidu's Duxiaodian, Baidu Knowledge, Baidu Health and other subsidiaries launched general knowledge live broadcasts respectively. (Titanium Media)
3. Red Star Macalline announced its title "Tmall Double 11 Carnival Night"
On October 20, at the launch of the "Tmall Double 11 Global Shopping Carnival Season" and the launch of the "Tmall Double 11 Carnival Night", Che Jianxin, chairman of Red Star Macalline, announced the title of "Tmall Double 11 Carnival Night". (Titanium Media)
4. Alipay will join Double 11 as an open platform for digital life for the first time
According to October 20th, Taobao and Tmall today announced that during this year's Double 11, Alipay will join Double 11 as an open platform for digital life for the first time. It is understood that Alipay was upgraded to a digital life open platform in March this year, focusing on the digitalization of the service industry. Ant Group CEO Hu Xiaoming said that in the next three years, Alipay will work with 50,000 service providers to help 40 million service industry merchants complete digital upgrades. (E-commerce News)
5. The 2020 Postal “919 E-commerce Festival” ended: the cumulative transaction volume reached 1.866 billion yuan
According to October 20, the 2020 Postal "919 E-commerce Festival" ended successfully. Data released by China Post showed that during this "919 E-commerce Festival" event, the cumulative transaction volume was 1.866 billion yuan. In terms of wholesale, the self-operated wholesale volume increased by 105% year-on-year, and the wholesale volume of the "Top Ten Brands" focused on building increased by 402% year-on-year; in terms of retail, the key poverty alleviation agricultural products promoted formed 4.889 million orders. (E-commerce News)
Internet news
6. Future Worry-free Report: The salary increase in the pharmaceutical, Internet and integrated circuit industries is significant
On October 20, a survey released by Qiancheng Wuyou, mainly based on Fortune 500 companies, showed that more than 60% of employers said they would recruit more fresh college graduates than the previous year, and the salary increase in the three industries of medicine, the Internet and integrated circuits was the most obvious. (Titanium Media)
7. Viya will pilot a new model of "live broadcast + quality inspection" for sales
On October 20, recently, domestic e-commerce live broadcasting agency Qianxun (Hangzhou) Cultural Media Co., Ltd. and Xi'an Guolian Quality Inspection Technology Co., Ltd. held a press conference, announcing that the two parties have reached a strategic cooperation to jointly establish the "Qianxun Joint Quality Center". The center will provide public welfare testing services for special live broadcast products for poverty alleviation and agricultural assistance, and explore the "live broadcast + quality inspection" model. The scope of cooperation between the two parties will cover food, beauty, clothing and other categories in advance. It is understood that this cooperation plan will be piloted in Viya’s live broadcast room first. (E-commerce News)
8. Suning.com spent 10 million to establish Jiangsu Suning Pharmacy Co., Ltd.
According to the news on October 20, Tianyancha App showed that on October 19, Jiangsu Suning Pharmacy Co., Ltd. was established. The legal representative is Gong Zhenyu, with a registered capital of 10 million. The company's business scope includes drug retail; drug Internet information services; third-class medical device operation; health food sales; food Internet sales (selling pre-packaged foods), etc. According to Tianyan Check shareholder information, the company is wholly owned by Suning.com Group Co., Ltd. (E-commerce News)
9. Li Ning Q3 same-store sales record low-income growth
On October 20, Li Ning issued an announcement stating that based on the Li Ning sales point that was put into operation at the beginning of the same quarter last year (excluding Li Ning YOUNG), the same-store sales of the entire platform recorded low-unit growth year-on-year in the third quarter ended September 30. In terms of channels, retail (direct operation) channels and wholesale (franchise dealer) channels both recorded a decline in the medium-sized number, and the e-commerce virtual store business grew by 30%-40% year-on-year. (E-commerce News)
Cross-border newsletter
10. Alibaba plans to invest 1 billion rubles in Russia to optimize global AliExpress logistics
On October 20, E-commerce News learned that Alibaba's Cainiao Network recently plans to invest more than 1 billion rubles in Russia to develop IT solutions and optimize the global AliExpress delivery business.
According to statistics, more than 90% of AliExpress's global orders are delivered by Cainiao Network, which is also owned by Alibaba. The company's average daily order processing volume exceeds 2 million pieces, of which about 25% are purchased by Russian users. (E-commerce News)
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