#Laogao E-commerce Newsletter# [May 17 E-commerce Morning Newsletter]

      Alibaba Innovation Business Group announced the "Gourmet Notes" of the new product for growing food and grass; Tencent e-commerce app "Xiaoe Pinpin" was officially launched; eBay overseas warehouse releases adjustments: New GoodCang German overseas warehouse is added as a supplier; Kuaishou released cross-border investment rules and invites merchants to focus on key categories of beauty and personal care; WeChat: After May 20, the mini program will no longer be provided to open the App service...

      Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. Alibaba Innovation Business Group announces the "Foodie Notes" of new food and grass planting products

      According to May 17, Alibaba recently launched a new product called "Foodie Notes", which is a new work of Alibaba's innovation business group. Foodie Notes is a food-planting product. The core gameplay is to share the food content of daily grass planting. The content includes pictures, texts, short videos, etc., which realizes the diversified presentation of content and meets the foodies' needs to obtain and identify food knowledge. (Yibang Power)

2. Tencent e-commerce app "Xiaoe Pinpin" is officially launched

      On May 17, according to Tech Planet, Tencent’s social e-commerce platform “Xiaoe Pinpin” WeChat mini program was launched for one year, on the eve of its anniversary, Tencent launched the Xiaoe Pinpin independent app, and the app’s Slogan has been changed to “Enjoy every point.” It is understood that on April 29 last year, Tencent launched a WeChat mini program and WeChat public account called "Xiaoe Pinpin". Xiaoe Pinpin's shopping model is similar to Pinduoduo. At that time, the Slogan was: "Nothing is happier than buying good things!" (E-commerce News)

3. SF Express Technology discloses patents related to "Selecting Methods for Express Delivery Delivery Model"

      According to the news on May 16, Tianyan Check information shows that recently, SF Express Technology Co., Ltd. published an invention patent titled "Methods, devices, computer equipment and storage media for selection of express delivery parcels" and "Methods, devices, equipment and storage media for predicting logistics parts and their modeling". Among them, the patent disclosure number of "Methods, Devices, Computer Equipment and Storage Media for Selection of Express Delivery Delivery Mode" is CN112801567A, and was applied on November 14, 2019. This application can avoid waste of resources in the delivery process through reasonable selection of the target delivery model. (E-commerce News)

4. Sohu's Q1 revenue increased by 24% year-on-year to US$222 million net profit of US$37 million

      According to reports on May 16, on May 14, Sohu Company's first quarter financial report for 2021 showed that total revenue during the period was US$222 million, a year-on-year increase of 24%; under non-US general accounting standards, the net profit attributable to Sohu Company's continued operations was US$37 million, while the net loss in the same period last year was US$8 million, far exceeding previous expectations. Specifically, brand advertising revenue was US$31 million, an increase of 20% over the same period in 2020; online gaming revenue was US$176 million, an increase of 32% over the same period in 2020. (Yibang Power)

Cross-border newsletter

5. eBay overseas warehouse release adjustment: New Good Cang German overseas warehouse as supplier

      On May 16, eBay released 4 adjustments to overseas warehouses, including the addition of Good Cang German overseas warehouses as overseas warehouse service providers. The following are some announcements:

      (1). For products whose items are located in Germany and whose unit price is less than 10 euros (including freight), if the seller uses overseas warehouse service providers that connect data with eBay and uses Deutsche Post Letter service as the tail logistics service, the relevant transactions will not be included in the evaluation scope of timely delivery rate and timely delivery rate in the overseas warehouse service standard assessment.

      (2). For products whose items are located in Australia and whose unit price is less than AUD 10 (including freight), if the seller uses an overseas warehouse service provider that connects data with eBay and uses Australia Post Letter service as a tail logistics service, the relevant transactions will not be included in the evaluation scope of timely delivery rate and timely delivery rate in the overseas warehouse service standard assessment.

      (3). Added GoodCang (barn) German overseas warehouse as an overseas warehouse service provider that connects data with eBay.

      (4). Adjustment of the evaluation rules of the seller's overseas warehouse business access management system. (Yibang Power)

6. Amazon requires sellers to complete the inspection of payment service providers by the end of May

      On May 16, Amazon issued an announcement requiring platform sellers to complete the inspection of payment service providers before the end of May. After May 31, 2021, if the seller continues to collect payments using a bank account provided by a payment service provider that does not participate in the payment service provider program, the seller's fund reservation period will be extended, up to 21 days after the latest estimated delivery date. (Cailianshe)

7. Kuaishou issued cross-border investment rules for inviting and merchants to stay in key categories for beauty and personal care

      According to the news, Kuaishou has completed the test with merchants and bonded warehouses. At present, Kuaishou can search for the official Kuaishou accounts of some cross-border merchants, which means that the corresponding Kuaishou cross-border stores will be launched soon. On May 16, Kuaishou issued relevant rules for import e-commerce, including the "General Rules for Kuaishou Import E-commerce Platform" and the "Rules for Investment Management of Kuaishou Import E-commerce".

Among them, Kuaishou imported e-commerce is a three-party platform: the website (including mobile) with the domain name kwaixiaodian.com provided by Chengdu Kuaigou Technology Co., Ltd., an affiliated company of Kwai Technology Limited. (Yibang Power)

8. AliExpress will adjust the fee of "Using overseas delivery and return services"

      AliExpress announced that the "overseas cannot be delivered and returned services" will be adjusted from May 15, 2021, Beijing time, and the fee will be reduced from 1.19 yuan/order to 0.88 yuan/order. At the same time, a newly created logistics order with "Using Return Services cannot be delivered overseas" was selected at 0:00 on May 15, 2021 Beijing time, and the return promised delivery time was restored to 180 days (220 days in Brazil). (Cross-border knowledge)

Internet news

9. WeChat: After May 20, the mini program will no longer be provided to open the App service

      On May 16, WeChat Open Community issued an announcement stating that in order to optimize user experience, the platform will no longer provide "Mini Program Open App Technical Service" after May 20, 2021. In order to avoid affecting the online service and user experience of mini programs, developers are asked to develop and adjust the mini programs in a timely manner to avoid affecting the service process after recycling. (E-commerce News)

10. "Baidu National Trend Star Archaeological Show" is on the air

      On May 16, the first live broadcast of the "Baidu National Trend Star Archaeological Show" was launched. In 7 minutes, the "Lost Treasure" blind box produced by Henan Museum was announced to be sold out. Baidu National Trend Star Archaeology Show is the world's first star script kill live broadcast jointly launched by Baidu App, Baidu National Trend Season and Henan Satellite TV. It is a live broadcast that brings together archaeological blind boxes from Baidu and Henan Museum. (E-commerce News)