#Laogao E-commerce Newsletter# [October 29 E-commerce Morning News] The "Good Goods Flash" channel is launched to increase the investment in the "Douyin 11.11 Fan Festival"; B station launches the "CHINA-Z 100" top 100 product list, Huawei, Lao Ganma and others are on the list; "2020 Online Fresh Food Industry Report": JD.com's fresh food market share is the first; AliExpress updates the rules of merchant gold and silver medal framework; Huawei Mate40 domestic press conference will be held on October 30...
E-commerce newsletter
1. B.com launched the "CHINA-Z 100" top 100 product list, Huawei, Lao Ganma and others are on the list
36Kr learned that B station announced the launch of the top 100 products created for young Chinese people - "China-Z 100", among which the digital 3C category includes Huawei P40, Xiaomi 10Pro, etc.; snacks and beverage categories include Weilong Gluten, Laoganma-flavored fermented black beans, Yuanqi Forest Burning Tea, etc. (36Kr)
2. The "Good Things Snap" channel is launched to increase the investment in "Douyin 11.11 Fan Festival"
On October 28, the Douyin e-commerce "Flash Sale" channel was officially launched recently, aiming to help brands build a fixed exposure position on the Douyin platform, and will explode on November 1st. This channel will also become a concentrated display portal for the core gameplay of the "11.11 Douyin Fan Festival", which is a major benefit for merchants, anchors and users on Douyin. (Titanium Media)
3. AliExpress updates the rules of merchant gold and silver medals
On October 28, AliExpress recently issued an announcement, updating the rules for gold and silver medal frameworks for platform merchants and clarifying the various rights and access conditions for gold and silver medal merchants. The announcement shows that gold medal sellers who have reached the "excellent" level of their industry can enjoy priority in various rights or traffic support. Silver medal sellers will have the opportunity to enjoy multiple rights and interests such as priority trial rights for store products and tools, as well as the opportunity to obtain special support for early loans from this year's platform Double 11 promotion. For newly settled silver merchants (good sellers in China), the platform will also provide 6 months of window reward support. (E-commerce News)
4. eBay's third-quarter revenue was US$2.606 billion, and its net profit increased by 196% year-on-year.
According to the news on October 29, eBay's third quarter financial report released showed that eBay's net revenue in the third quarter was US$2.606 billion, a year-on-year increase of 25%; net profit from continuous operation business was US$621 million, a year-on-year increase of 196%; in accordance with US General Accounting Standards, net profit from continuous operation business was US$604 million, a year-on-year increase of 39%. (E-commerce News)
5. "2020 Online Fresh Food Industry Report": JD.com's first fresh food market share
According to October 28, the China Market Information Investigation Industry Association, headed by the National Bureau of Statistics, recently released the "2020 Online Fresh Food Industry Report". The report shows that the online fresh food industry generally maintains a rapid growth trend. The market size is expected to reach 247.57 billion yuan in 2020, a year-on-year increase of 48.9%, far higher than the past three years. In the market performance of online fresh food e-commerce platforms, in the first three quarters of this year, JD.com Fresh ranked first with a share of 25.8%, while Pinduoduo, MissFresh, Meituan Maicai and Taobao Fresh ranked second to fifth. (E-commerce News)
Internet news
6. Huawei Mate40 domestic press conference will be held on October 30
On October 28, the domestic press conference of Huawei Mate40 will be held in Shanghai at 14:30 on October 30. The domestic version price of Huawei Mate40 series will be announced. At the same time, Huawei Smart Selection Car Smart Screen and other terminal products and Huawei Smart Car Solutions will also be unveiled for the first time. (Titanium Media)
7. Tencent Cloud officially released the "authentic gallery direct train"
On October 28, Tencent Cloud officially released the "authentic gallery direct train". Through this product, users can search and purchase image resources from multiple galleries on one platform, without cross-platform search. It is expected that by the end of November, there will be 120 million genuine image resources on the platform. All pictures are provided with exclusive electronic authorized documents, and users can use them in various scenarios such as advertising and marketing creativity, self-media pictures, offline printing, etc. (E-commerce News)
8. Zoom adds live broadcast function to support YouTube live broadcast
According to the technology website 9To5Google, Zoom recently launched Android 5.4.0.434 version and added a new live broadcast function. After Android users update the program, they can see the Live Stream to YouTube option in the meeting's menu, which can connect to YouTube and broadcast live. At the same time, in order to solve the security problem, Zoom has recently officially launched a new end-to-end encryption function (E2EE). (Titanium Media)
9. Meituan’s US$2 billion priority notes may take effect today
On October 29, Meituan announced that the company has applied to the Hong Kong Stock Exchange for approval to list and trade by issuing bonds only to professional investors. It is expected that the listing and trading approval of the bills will take effect from today. It is reported that Meituan had previously announced that the company had been approved to enter into a purchase agreement for the issuance of notes, intending to issue US$750 million of 2.125% priority notes due in 2025, and at the same time, it intends to issue US$1.25 billion of 3.05% priority notes due in 2030. (E-commerce News)
Cross-border newsletter
10. Amazon: Swedish site officially launched today
36Kr learned that Amazon announced that the Swedish site was officially launched today, providing consumers with more than 150 million product selections, covering more than 30 categories including books, consumer electronics, sports outdoors, tools and household goods, toys and baby products. Consumers can enjoy free delivery services if they purchase products over 229 Swedish Krone and above and within the free delivery range. (36Kr)
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