#Laogao E-commerce Newsletter# [E-commerce Morning News on January 18]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on January 18] The 2021 National Online New Year Festival will be launched on January 20; Tmall International's overseas new brand entry growth rate was 125% year-on-year; Alibaba sold 51% of Box Ma's equity to Gao Xin Retail; SHEIN's new year investment plan was exposed: priority is given to suppliers in the Pearl River Delta region; YY Live released ten-year performance data: anchors and partners have received a share of nearly 30 billion...

　　E-commerce newsletter

　　1. The 2021 National Online New Year Festival will be launched on January 20

　　According to the news on January 18, the reporter learned from the press conference of the Ministry of Commerce held on the afternoon of the 15th that the 2021 National Online New Year’s Goods Festival will be officially launched on January 20. According to a relevant official from the Ministry of Commerce, during the New Year’s Festival, relevant enterprises will be guided to ensure sufficient supply of basic daily necessities such as rice, noodles, oil, and epidemic prevention materials such as masks and disinfectants. (Titanium Media)

　　2. Kuaishou launched a roadshow today, with a target valuation of HK$390 billion

　　According to reports on January 18, Kuaishou has passed the listing hearing on the Hong Kong Stock Exchange and will issue a stock as early as January 26. The sponsor of the listing team will launch an analyst roadshow on January 18 to evaluate investors' needs and is scheduled to be listed on February 5 this year. It is reported that Kuaishou's IPO is popular among institutions, and large institutions are preparing to place orders. Some underwriters revealed that Kuaishou's target valuation is US$50 billion (about HK$390 billion) and raised about US$5 billion (about HK$39 billion). (Titanium Media)

　　3. YY Live released ten-year performance data: anchors and partners received nearly 30 billion yuan in share

　　36Kr learned that YY Live released ten-year performance data at YY 2020 annual ceremony: over the past decade, 370 million live broadcasts have been conducted on YY Live, with a total number of viewers exceeding 154 billion, users have sent more than 446 billion virtual gifts, and the anchor and partners have shared nearly 30 billion yuan. (36Kr)

　　4. Alibaba sells 51% equity in Box Xma to Gao Xin Retail

　　On January 16, the E-commerce News learned that Gao Xin Retail issued an announcement stating that on January 15, 2021, the company's indirect subsidiary RT-Mart China entered into an equity transfer agreement with the company's connected person Alibaba Network Technology. Accordingly, RT-Mart China agreed to purchase and Alibaba Network Technology agreed to sell 51% of the equity of Box Xiaoma, with the cost of RMB 25.5 million. (E-commerce News)

　　Cross-border newsletter

　　5. The year-on-year growth rate of Tmall International’s new overseas brand entry is 125%

　　According to January 17, Tmall International and Deloitte recently released the "China Import Consumer Market Research Report 2020". The report shows that in the past year, the number of overseas new brands in Tmall International has grown by 125% year-on-year, and the number of imported new products has increased by 130% year-on-year.

　　At the same time, Tmall International continues to promote Alibaba's five-year USD 200 billion import plan. At the third China International Import Expo in 2020, Alibaba announced the second-year report card for imports of USD 200 billion in five-year USD 200 billion, with a phased goal of 102%. According to reports, in 2020, Tmall International Platform pioneered the "bonded warehouse live broadcast" model and moved the live broadcast room into the bonded warehouse; joined hands with Hangzhou Comprehensive Pilot Zone to create the "bonded import + retail processing" model of bonded zone factories, and opened the first "cross-border new retail" store in China, achieving rapid delivery of cross-border imported goods in 20 minutes, continuously improving the cross-border consumption experience. (E-commerce News)

　　6. SHEIN's new year investment plan is exposed: Priority is given to suppliers in the Pearl River Delta region

　　According to January 18, cross-border fast fashion brand SHEIN recently released the latest supplier recruitment plan for 2021. According to official information, its investment goals mainly include three types of merchants: "FOB supplier", "ODM supplier" and "secondary process factory". They adopt monthly fund settlement methods for cooperative merchants and realize system follow-up through the production and research team. (Yibang Power)

　　7. Amazon will allow other companies to develop Alexa voice assistant

　　On January 17, the E-commerce News learned that recently, the US e-commerce company Amazon announced that it would provide other companies with its own digital assistant Alexa functional module for them to develop Alexa-based voice assistants. This is also Amazon's latest move to embed its own voice software into other companies' devices. It is reported that Amazon's Alexa digital assistant is closely related to the company's own smart speaker Echo, but Amazon has been working hard to expand the scope of application of Alexa software and resist competition from competitors in digital assistant fields such as Apple and Google by adding utilities in areas such as smart home. (E-commerce News)

　　8. Deliveroo, the UK food delivery platform, may be released in April this year

　　According to reports on January 16, Deliveroo, a British takeaway delivery platform that Amazon has a stake, may go public in April this year to raise funds, with a valuation of 10 billion pounds (about 13.6 billion US dollars).

　　People familiar with the matter said that as Deliveroo may have discussions with potential investors, the valuation and listing date may change.

　　Deliveroo declined to comment on its IPO at this time. (E-commerce News)

　　Internet news

　　9. Ant allocation fund shrinks by one-third and nearly 2.6 million households withdraw

　　According to Caixin, the 13.5972 million holders of Ant Allocation Fund dropped to 11.0085 million, a decrease of nearly 2.6 million; Penghua Fund's exit share was the largest, at 4.356 billion; China Europe Fund's holders decreased the largest, at 911,700, but the per capita exit share was not large, and Huaxia Fund's major withdrawals were many. (Europe)

　　10. Apple plans to launch a podcast subscription service, which will pose a threat to Spotify

　　On January 18, people familiar with the matter revealed that Apple is discussing the launch of a new subscription service to provide users with paid listening to podcast content. The service could pose a threat to other large companies like Spotify, SiriusXM, Amazon, etc. (Apple currently operates one of the most popular podcast apps in the industry). Apple declined to comment. (Titanium Media)

 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>

,