#Laogao E-commerce Newsletter# [E-commerce Morning News on December 21]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on December 21] 1688: Each merchant ID has a limited number of changes to Alipay account every month; Kuaishou E-commerce will launch the "Kuaishou New Year's Festival" and "No Closed in the Spring Festival" activities; Miniso's first financial report on its listing: Q3 net profit increased by 140% month-on-month; the online deposit market "bashed" and many Internet platforms removed products; eBay released sellers' protection measures during the UK lockdown in November...

　　E-commerce newsletter

　　1. 1688: The number of changes to Alipay account per merchant ID is limited to 2 times per month

　　On December 21, the "E-commerce Daily" learned that Alibaba China Station recently issued a notice on the "Restriction on the Number of Changes of Alipay Accounts for Merchants" (hereinafter referred to as the Announcement). The announcement stated that in order to adapt to the development and changes of the 1688 market platform and promote the sustained and healthy development of the 1688 trading market, Alibaba will adjust the current member change operation of Alipay account. The announcement shows that the adjustments are as follows: The number of changes to Alipay accounts per month (natural month) is limited to 2 times, and will take effect immediately from the date of announcement. (E-commerce News)

　　2. Kuaishou E-commerce will launch the "Kuaishou New Year's Goods Festival" and "No Closed in the Spring Festival" activities

　　According to December 19, Kuaishou E-commerce recently announced at the Hangzhou New Year’s Goods Festival investment conference that it will hold the “Kuaishou New Year’s Goods Festival” event from January 4 to January 31, 2021, and the “Spring Festival will not be closed” event from February 1 to February 26. It is understood that the Kuaishou New Year Festival will launch three highlights: multi-character qualifying competition, special content support, and online and offline integration. Among them, the multi-character ranking competition will include three major industries: home life, large clothing, and boutique consumption, as well as multiple roles of experts, investment team leaders, and service providers.

　　Among them, the anchor seller competition is divided into three lists: the strength list, the new star list and the peak list. The popularity value ranking is calculated based on the total sales volume of the anchor’s product, the total number of new recruits, and the number of broadcasts during the event period. The anchor can automatically participate without registration. The top 10 of the weekly lists can receive traffic rewards.

　　It is reported that during the event, Kuaishou E-commerce will spend 100 million yuan in cash and 10 billion yuan in traffic as event incentives, as well as Kuaishou Good Things Alliance supply and marketing empowerment, 10 billion yuan subsidies and 1 yuan in newcomers to buy fans. (E-commerce News)

　　3. JD.com China Specialties Baotou Poverty Alleviation Hall officially opened

　　On December 20, recently, at the headquarters of JD Group, the China Specialty Baotou (Poverty Alleviation) Pavilion was officially opened. In the specific cooperation, Baotou City will make full use of JD's resources, technology, traffic and other advantages to better integrate Baotou's special products and poverty alleviation product resources. Through various forms such as online brand promotion, online and offline interactive marketing, and live broadcast and promotion of special poverty alleviation products, focus on creating regional brands, the popularity and influence of characteristic industrial products, broaden sales channels, and help targeted poverty alleviation and increase farmers' income. (E-commerce News)

　　4. Pinduoduo cooperates with Fujian and Ningxia to launch the "Ningxia Excellent Pavilion"

　　On December 20, recently, the "Mountains and Seas Jointly Working Teams in Ningxia Hui Autonomous Region, Fujian Province's 11th Batch of Aid to Ningxia Working Teams and Pinduoduo" Fujian Collaborative Consumption Poverty Alleviation Week was launched in Ningxia, aiming to innovate the e-commerce consumption poverty alleviation model and promote the e-commerce of collaborative poverty alleviation products between the east and west. At the same time, the "Ningxia Youpin Pavilion" consumption poverty alleviation zone was also launched simultaneously. (E-commerce News)

　　5. From January to November, Zhejiang Province's online retail sales increased by 1981.33 billion yuan year-on-year

　　According to the report on December 20, data released by the Zhejiang Provincial Department of Commerce showed that from January to November 2020, Zhejiang achieved online retail of 1981.33 billion yuan, a year-on-year increase of 13.3%. The province's residents' online consumption was 985.78 billion yuan, an increase of 11.3% year-on-year. The online retail surplus reached 995.55 billion yuan. (E-commerce News)

　　Internet news

　　6. Miniso’s first financial report on listing: Q3 net profit increased by 140% month-on-month

　　According to December 19, Miniso released its third quarter financial report for 2020. On the day of the financial report, Miniso released its first independent operation new brand "TOP TOY" after its launch. According to the financial report, Miniso's revenue in the third quarter was 2.0721 billion yuan (US$305.2 million), a month-on-month increase of 33.4%; gross profit was 522.4 million yuan (US$76.9 million), a month-on-month increase of 37.7%; according to non-international accounting standards (Non-IFRS), the adjusted net profit was RMB 102.1 million (US$15 million), an increase of 140.8% from the previous quarter ended June 30, 2020. TechWeb)

　　7. NetEase’s new generation blockchain engine “Tianxuan” was released, supporting up to 200,000 transactions per second

　　36Kr learned that on December 20, NetEase's new generation blockchain engine "Tianxuan" was officially released. The engine is the first to make a breakthrough in performance. It supports up to 200,000 transactions per second in a single-chain decentralized scenario, which can meet the needs of large-scale commercial use and resist quantum attacks. Currently, NetEase Blockchain has more than 10 million users and has more than 2 billion data on the chain. (36Kr)

　　8. The online deposit market is "suddenly braked", and many Internet platforms have removed products

　　Recently, after Ant Group removed bank deposit products, many leading Internet financial platforms such as JD Finance and Lufax urgently removed all bank fixed deposit products. Up to now, Baidu's Du Xiaoman, Ctrip Finance, Tencent Wealth Management, etc. have also cleared all Internet deposit products. Up to now, the regulatory authorities have not officially taken action to regulate Internet deposit products, and the above-mentioned Internet platforms have all taken the initiative to remove related products from the shelves. (Penguin)

　　9. News says that phishing scam emails that fake Amazon and FedEx increased by 440% in a month

　　On December 20, cybersecurity company Check Point Software Technologies found that from October to November, these messages impersonating shippers increased by 440%, an increase of 72% from November last year. Check Point also found that 65% of fake shipping information in the United States is fake Amazon. (E-commerce News)

　　Cross-border newsletter

　　10. eBay releases seller protection measures during the UK lockdown in November

　　On December 21, the E-commerce Daily learned that eBay recently issued a seller protection during the UK lockdown in November 2020 (hereinafter referred to as the announcement). The announcement shows that the seller's delayed delivery rate will be automatically adjusted. For transactions conducted between November 5 and November 21, 2020, eBay will automatically remove delayed delivery records and any related negative or moderate reviews. In addition, for transactions conducted between November 5 and November 21, 2020, if the seller uploads valid tracking information in time before the item is delivered, the item in the seller's service indicator does not receive (INR) records and any related bad or intermediate reviews will be automatically removed. (E-commerce News)

 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>

,