#Laogao E-commerce Newsletter# [E-commerce Morning News on December 17] The peak number of group purchases in community groups in Didi, Meituan and Pinduoduo exceeded 10 million in December; it is said that T11 Fresh Supermarket plans to acquire some stores of Shangsu Yonghui; Meituan Preferred internal testing of the "Video Live Broadcast Jump Mini Program" function; Kuaishou recruits talents throughout the industry, and a new e-commerce research and development person has arrived; eBay updates the seller experience and needs to prepare verification documents in advance...
E-commerce newsletter
1. The peak number of community group buying orders in December exceeded 10 million in Didi, Meituan and Pinduoduo
According to late LatePost, the peak number of orders for community group buying platforms under the three giants, Didi, Meituan and Pinduoduo, has exceeded 10 million in December, of which the average daily orders for Didi's subsidiaries exceeded 10 million in December. (E-commerce News)
2. News says T11 Fresh Supermarket plans to acquire some stores in Shangshu Yonghui
According to Lianshang.com, an industry insider revealed that T11 Fresh Supermarket plans to acquire some of the assets of Shangshu Yonghui's store. In response, T11 stated that the two parties did have contact, but only some stores were involved. They are still in the evaluation stage and have not been finalized. It is understood that Shangshu Yonghui was established on December 20, 2013, and Yonghui Supermarket holds 32.14% of Shangshu Yonghui's shares. Last week, Yonghui Supermarket issued an announcement stating that its stakeholder Shangshu Yonghui was accepted by the court for bankruptcy liquidation application. (E-commerce News)
3. ByteDance plans local life business
ByteDance's Commercialization Department has established a "Local Direct Business Center" dedicated to expanding local life business. After the original SMB (small and medium-sized customers) business line is revoked, about 10,000 employees will be adjusted to the center in January next year to explore customers around the industries such as life services, cultural tourism and catering. (Europe)
4. Meituan Youxuan internal test "Video Live Jump Mini Program" function
On December 16, Yibang Power learned today that Meituan Youxuan’s official video account is internally testing the “Video Account Live Jump Mini Program” function, and users can enter its official mini program application through the shopping link in the video account live room.
It is understood that Meituan Youxuan is a community e-commerce platform under Meituan, with its main business of "fresh food e-commerce" and "community-based services". After the user enters the live broadcast room of the "Meituan Youxuan" video account, click on the shopping link to jump to the "Meituan Youxuan" mini program application. At the same time, the synchronous live broadcast will continue to play in a floating window form to avoid missing live content during ordering. (Yibang Power)
5. Gradually becoming the number one player in second-hand luxury e-commerce, Hong Bulin has been continuously increased by various capitals
Recently, the second-hand luxury e-commerce platform Plum completed a B2 round of financing of tens of millions of dollars. The leading investor was a famous dollar fund, and old shareholders Jingwei China, Jiuhe Venture Capital and others increased their investment. Before this round of financing, Hongblin has completed 5 rounds of financing.
Tianyan Check information shows that at the end of 2016, Hongblin received a million yuan in angel round financing from Innovation Works. In 2017, in three months, Red Bolling completed its Pre-A round and A round of financing in succession, with the total amount of two rounds of financing of tens of millions of US dollars. In 2018, RedBlin received tens of millions of dollars in Series B financing. In 2019, RedBlin received a $20 million Series B+ financing. (E-commerce News)
Internet news
6. The average price of hot spring hotel reservations in many places exceeded the same period last year, and the post-60s generation has become the main force in travel
Today, OTAs such as Fliggy, Qunar.com have released recent bookings for hot spring products. Data shows that on some platforms, the number of domestic hot spring hotels in various platform merchants has soared in the past week, with a year-on-year increase of more than 130%. Moreover, in many OTAs, the average price of hot spring hotels in many places has surpassed last year, among which the average price of hot spring hotels in Beijing alone has increased by as much as 40%. Moreover, in this round of travel boom, the post-60s generation has become one of the main groups, accounting for 20-30% of the number of hot spring themed tourists. (Beijing Business Daily)
7. Tencent adjusts its salary increase mechanism, and the pilot program of management rotation begins
Starting from 2020, Tencent revised the "general adjustment" of employees' annual routine salary increase mechanism: the new mechanism was renamed "Salary Review", and at the same time broke the principle that employees would inevitably receive salary increases in April each year. A Tencent person said that under the "general adjustment" mechanism, employees can often get a salary increase of at least a few hundred yuan even if they do not make particularly outstanding achievements, but the "salary review" leaves a hole for "no salary increase". At the same time, Tencent has also begun a pilot program of a small-scale rotation system at the director and general manager levels. Currently, multiple services within the platform and content business group (PCG). (LatePost later)
8. Kuaishou recruits talents in the entire industry, and a new e-commerce research and development manager has arrived.
Chen Guocheng, head of Hello Travel Technology VP and Software R&D Center, recently joined Kuaishou as the head of e-commerce R&D, and reported to Kuaishou CTO Chen Dingjia. Chen Guocheng joined Hello Travel in early 2020 and resigned for several months. Chen is responsible for software research and development in Hello. Currently, this part of the work is taken over by Executive President Li Kaizhu. Chen is one of the members of the Operation Leadership Team (OLT) of Hello's business leadership team. The OLT team is Hello's highest management and decision-making organization. Before joining Hello, Chen Guocheng was the CTO of Weidian. (Europe)
9. Luckin Coffee: Financial fraud incidents have been settled
On December 17, the E-commerce News learned that this morning, Luckin Coffee's official Weibo issued a statement saying that it had reached a settlement with the U.S. Securities and Exchange Commission (SEC) on suspected financial fraud incidents of some former employees. At present, the company and stores operate stably and normally. Luckin Coffee will continue to cooperate with supervision and regard compliance work as a top priority. At the same time, the company's management and all employees will continue to maintain the company's stable operations and continue to provide consumers with high-quality, cost-effective and convenient products and services. (E-commerce News)
Cross-border newsletter
10. EBay updates the seller experience and needs to prepare verification files in advance
Today, eBay releases a seller experience update and reminds sellers to prepare the required materials.
eBay will launch a new seller experience to sellers in mainland China, Hong Kong, Taiwan and Macau in early 2021. To make your business smoothly transition to this change, make sure you have the following required information and support verification documents in advance.
For example: company name and address, business license (for Hong Kong companies, provide company registration certificate), identity information and related contact information of the legal representative (for Hong Kong companies, provide company director names, address and date of birth), company bank account information (company bank account number or other bank account number acceptable to local laws and regulations).
In the next few months, eBay will send a notification to the seller in advance so that the seller can update the eBay account information. eBay will also release more details of this new service and how to benefit your business as soon as possible. (Cross-border knowledge)
Click to register < a> Apply to join the well-known domestic e-commerce network - Laogao E-commerce Club. All businesses, Tmall merchants, Taobao Crown Stores, Jinguan Stores, and other e-commerce platform merchants can apply to join! < a>
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