#Laogao E-commerce Newsletter# [E-commerce Morning News on December 2] JD.com and Zhongbai Group launched the "Year-end Carnival" promotion; Suning.com Double Twelve War Report: Mark Huafei exceeded 34 million in a single day; Douyin: More than 1 billion illegal and irregular content and behaviors intercepted and processed every day; Zhou Hongyi was awarded the title of "National Outstanding Entrepreneur"; QuestMobile: Baidu Smart Mini Programs have a monthly usage of 9.6...

E-commerce newsletter
1. JD.com and Zhongbai Group launch the "Year-End Carnival" promotion
On December 1, the "E-commerce Daily" learned that the "Year-End Carnival" promotion created by JD.com and Zhongbai Warehouse and Zhongbai Supermarket, a subsidiary of Zhongbai Group, will officially start on December 1 and will last until December 6.
It is said that this is the first time that JD.com has customized the merchant-only shopping festival for leading regional supermarkets. JD Home Delivery plans to join hands with more than 30 regional leading supermarkets in 2021 to create a "Super Merchant Day" series exclusive shopping festival for merchants. In this promotion, Zhongbai Warehousing has launched 90 stores on JD.com’s homepage platform and more than 300 stores on Zhongbai Supermarket have been launched will all participate in it to create a shopping carnival that deeply integrates online and offline for consumers in Hubei.
The popular products that are mainly used in this carnival are represented by grain, oil, non-staple food, dairy products, fresh meat and poultry, snack food, daily chemicals, personal cleaning, maternal and child products, etc., to fully meet consumers' daily purchase needs at home. During the event, consumers log in to the JD Home Delivery Platform and have the opportunity to receive coupons over 109-20 and coupons over 99-20. (E-commerce News)
2. Suning.com Double Twelve War Report: Mark Huafei exceeded 34 million in a single day
On November 30, Suning.com Mark Huafei Super Brand took the lead in Double 12, setting a single-day peak in the number of clothing brands this year. According to the battle report data, throughout the 30th, Mark Huafei's order amount exceeded 34 million yuan, the number of orders exceeded 140,000, and the store's UV exceeded 900,000 per day. Among them, down jacket sales account for more than 65%. As the concept of "genuine and good goods are not expensive" in Suning.com's clothing category gradually gains popularity, more and more users choose to go to Suning.com to buy winter clothing. As of press time, more than 130 brands in Suning.com's Double Twelve Clothing category have increased sales by more than 100% year-on-year. (Europe)
3. TikTok: More than 1 billion illegal and irregular content and behaviors intercepted every day
On December 1, Douyin revealed at the open day with platform governance as the theme, that Douyin Security Center intercepted and handled more than 1 billion illegal content and behaviors every day, including illegal registration, volume, fan-brushing, likes, and posting illegal comments and videos. (Titanium Media)
4. Kuaishou Ma Hongbin: The new magnetic dual engine has opened up public and private domain traffic, activate the new "product and sales integration" channel
Titanium Media reported on December 1 that at the Kuaishou 2020 Magnetic Conference, Ma Hongbin, senior vice president of Kuaishou, announced that the new Magnetic dual engines have fully opened up the public and private domains, creating a new engine that is more suitable for the short video live track, activate the new path of "product and sales integration", and help the brand achieve new growth and new breakthroughs. (Titanium Media)
5. Sam has fully upgraded its own brand Member's Mark, and the store does not focus on sales and profits.
Sam, a membership store under Walmart, held a press conference and announced a comprehensive upgrade of its own brand Member's Mark, involving multiple dimensions such as brand LOGO image, packaging, product quality and weight. According to Zhang Qing, chief purchasing officer of Sam Member Store China, more than 250 SKUs have completed the upgrade of their own brands, and all 700 SKUs will be upgraded in the next two years. Zhu Xiaojing, the new president and CEO of Walmart, said that for Sam, sales and profits are not the most critical assessment points, and the number of members and renewal rate are the key criteria for evaluating his performance. (Europe)
Internet news
6. Zhou Hongyi was awarded the title of "National Outstanding Entrepreneur"
Regarding entrepreneurial spirit, Zhou Hongyi once said that the biggest difference between entrepreneurs and businessmen is that they do whatever they make money and wherever there is a trend, but entrepreneurs must have their own beliefs, namely, to create unique products and services, and create value for users, society, and the country. (Titanium Media)
7. Ctrip's third-quarter revenue of 5.5 billion yuan increased by 99% year-on-year
On December 2, the E-commerce Daily learned that Ctrip Group announced its unaudited financial results for the third quarter ended September 30, 2020 today. According to the financial report, in the third quarter of 2020, Ctrip Group's net operating income was RMB 5.5 billion (US$805 million), a year-on-year decrease of 48% and a month-on-month increase of 73%; net profit attributable to the company's shareholders was RMB 1.6 billion (approximately US$234 million), an increase of 99% compared with the net profit attributable to the company's shareholders in the same period last year, while the net loss attributable to the company's shareholders in the previous quarter was RMB 476 million. (E-commerce News)
8. Kingsoft Office releases 5 new collaboration products
36Kr learned that Kingsoft Office has officially released 5 collaborative products, including Kingsoft Forms, Kingsoft Conference, Kingsoft Calendar, Kingsoft To Do and FlexPaper. In addition, according to Kingsoft Office, there are currently more than 72 million office resources in WPS and Daokeer platforms, with more than 3 million new resources added monthly, and more than 4,000 designers have been settled. There are more than 100 content partners including Visual China, Zangku Heluo, Maker Posts, Science Network, ProcessOn, Wanfang Data, Founder Font Library, etc. (36Kr)
9. QuestMobile: Baidu smart mini program uses 9.6 per month
36Kr learned that QuestMobile data shows that as of October 2020, more than half of the top 100 apps have already laid out mini programs. Among them, Baidu Smart Mini Programs increased by 17% year-on-year, and the number of monthly usage has reached 9.6, ranking firmly in the first echelon. (36Kr)
Cross-border newsletter
10. Amazon: This year's holiday shopping season is the largest in the company's history
On December 2, the E-commerce News learned that Amazon reportedly said on Tuesday that this year's holiday shopping season was the largest in its history as the coronavirus epidemic forced more people to shop online. Amazon said in a blog post today that consumers have started buying gifts and seasonal items for their loved ones very early this year. Adobe Analytics data shows that US shoppers spend $9 billion on Black Friday, lower than their expected $10.3 billion, while Cyber Shopping Monday sales will reach $10.8 billion to $12.7 billion, a year-on-year increase of 15% to 35%. (E-commerce News)
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