#Laogao E-commerce Newsletter# [E-commerce Morning News on December 30] Tmall affiliated companies established supply chain service companies in Hangzhou, with business scope including supply chain management services, etc.; JD.com established Jingxi Business Group: Mainly investing in the sinking market; Xiaomi 11 has launched Pinduoduo's 10 billion subsidies; WeChat Video Account officially opened up merchants' own mini programs; Baidu Map announced its transcript: the panoramic map covers more than 95% of domestic cities, and more than 500,000 merchants settled in...

E-commerce newsletter
1. Tmall affiliated companies have established supply chain service companies in Hangzhou, with business scope including supply chain management services, etc.
36Kr learned that Tianyancha App shows that on December 25, Hangzhou Ant Nest Supply Chain Service Co., Ltd. was established. The legal representative is Xiao Yong, with a registered capital of RMB 50 million. The business scope includes: supply chain management services; road freight transportation station operation; car rental; information consulting services, etc. The company is 100% controlled by Zhejiang Tmall Technology Co., Ltd. (36Kr)
2. Popular Chinese stocks generally rose at the close of the market, and Pinduoduo's market value exceeded US$200 billion
36Kr learned that the U.S. stock market closed on Tuesday, popular Chinese stocks generally rose, Alibaba rose by more than 6%, JD.com rose by more than 5%, NIO rose by more than 4%, Ideal Auto rose by more than 6%, and Xiaopeng Motors rose by more than 9%; Pinduoduo rose by more than 15%, the stock price hit a record high, and the market value exceeded US$200 billion. (36Kr)
3. JD.com established Jingxi Business Group: Focus on sinking markets
On December 29, according to Sina Technology, JD Group established a Jingxi business group for the sinking market and appointed Zheng Hongyan as the head of the Jingxi business group to report to JD Group CEO Liu Qiangdong. It is reported that the Jingxi Business Group mainly includes Jingxitong Business Department, Jingxi Business Department, Jingxi Pinpin, Surprise Express and other business departments, and will serve the sinking market around JD Group's core capabilities such as supply chain, logistics and technology. (Titanium Media)
4. Xiaomi 11 is listed on Pinduoduo's 10 billion subsidy
36Kr learned that Xiaomi's latest flagship model Xiaomi 11 is on the Pinduoduo 10 billion subsidy zone. The relevant person in charge said that the product will start subsidies at 0:00 on January 1, 2021. The price of Xiaomi 11 8+128GB version is 3999 yuan, and the original charging head of Xiaomi will be given when purchasing the machine; the price of 8+256GB version is 4299 yuan; the price of 12+256GB version is 4699 yuan, and the original charging head of Xiaomi will be given when purchasing the machine. (36Kr)
5. Baidu Map announced its transcript: the panoramic map covers more than 95% of domestic cities, and more than 500,000 merchants settle in
Titanium Media reported on December 29 that at the Baidu Map press conference, Li Ying, vice president of Baidu Group and chief information officer (CIO) of Baidu Group, announced the annual report card of Baidu Map. It is reported that Baidu Map has achieved AI in 90% of the data production link, and has newly upgraded Ecological Panorama 2.0, and the cumulative number of registered developers has exceeded 2 million. (Titanium Media)
Internet news
6. Kuaishou will open all employees’ big and small weeks on January 10
On December 29, Kuaishou held a full-time meeting today. At the meeting, Liu Feng, the head of Kuaishou’s human resources, announced that Kuaishou will start the week of all employees on January 10, 2021. Liu Feng said that the West Sunday is the beginning of a week. Many teams hold regular meetings on Monday, and employees began to spontaneously prepare weekly reports and regular meeting contents on Sunday. Now 70% of the company's people are in the big and big weeks. In order to make the front, middle and back office cooperation closer, Kuaishou will start the big and big weeks in full. (E-commerce News)
7. SF Express affiliated companies apply for trademarks such as "Fenghuo Campus", "Smart Express Assistant" and "Fengxianda"
36Kr learned that Tianyancha App shows that recently, Shenzhen SF Tyson Holdings (Group) Co., Ltd. has added a number of new trademark application information, including "Fenghuo Campus", "Smart Express Assistant", "Fengxianda", "Weifengqu", etc. The international classification involves advertising sales, scientific instruments, etc., and the trademark status is "Trademark application". (36Kr)
8. WeChat Video Account officially opens merchants' own mini-programs
According to the WeChat official account of "Xiao Program Quick Report", WeChat Video Account has officially opened up the merchant's own mini program and internal testing has begun. When users enter the video account’s personal homepage, they can see the “Store” entrance, click to enter, and quickly jump to the merchant’s own mini program. After the video account is connected to the mini program, it can also retain the original mini program fans, information, etc., which is equivalent to opening up a huge traffic pool, which can help merchants promote retention. (E-commerce News)
9. Taobao Tmall President Jiang Fan was suspended from being recognized as a high-level talent in Hangzhou
According to Blue Whale Finance, last week, the Hangzhou Municipal Human Resources and Social Security Bureau issued a public announcement that Taobao Tmall President Jiang Fan was identified as a high-level talent in Hangzhou. After the public announcement was released, some netizens said that his complaint Jiang Fan did not meet the requirements of the notice that "the applicant should modelly abide by laws and regulations, moral standards, and public order and good customs." In response, staff from the petition reception room of Hangzhou Labor and Social Security Bureau said today that they have received complaint feedback sent by 12345. The work is currently suspended, and the specific results will be subject to research by various units. (E-commerce News)
Cross-border newsletter
10. eBay will extend the estimated delivery date for items in the Northeastern United States
On December 29, the E-commerce News learned that the eBay platform released an announcement on December 28 that eBay will continue to protect sellers to eliminate delivery delays and the impact of snowstorms in the northeastern United States on sellers (hereinafter referred to as the announcement).
The announcement said a severe winter blizzard hit the Northeastern region and could affect the delivery of some items, further complicating the delays in shipping of logistics providers caused by record-breaking items during the holiday holidays this year. eBay will continue to monitor the logistics carrier network and shipping, and closely monitor the impact of bad weather.
The announcement shows that eBay will extend the delivery date of the expected item and add additional time to obtain the initial scan information for the item provided by all sellers' logistics service providers. The additional time added for this first item scan for logistics service providers will apply to transactions conducted from November 15, 2020 to the end of 2020.
In addition, since the December 2020 seller standards evaluation will be conducted this weekend, eBay will review and adjust seller performance standards as needed to date to mid-November 2020. (E-commerce News)
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