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#Laogao E-commerce Newsletter# [February 23 E-commerce Evening News]

2021-02-23

  #Laogao E-commerce News# [E-commerce Evening News on February 23] Amazon requires merchants to purchase comprehensive liability insurance for insurance; Quanzhou, Fujian: E-commerce achieved online retail sales of 14.154 billion yuan during the New Year Festival; Heilongjiang Province included "express delivery into villages" as an important work task in 2021; China IoT: As of the end of 2019, more than one million new jobs in my country's logistics industry; it is said that JD Logistics' European warehousing base will be trial-run by the end of May...

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  E-commerce newsletter

  1. Mogujie will release its third quarter performance report for fiscal year 2021 on February 25

  On February 23, Mogujie announced that the company will release its third-quarter performance report for the 2021 fiscal year before the U.S. stock market trading on February 25, 2021. After the results are released, the Mogujie management team will hold an earnings conference call at 6:30 a.m. US time on February 25 and answer questions from analysts. (E-commerce News)

  2. The cumulative online sales of Nanjing 2021 Online New Year’s Goods Festival reached 12 billion yuan

  According to the news on February 23, according to Nanjing Daily, the "2021 National Online New Year's Festival" that lasted for one month has come to an end recently. During the event, the cumulative online sales of participating platforms and enterprises in Nanjing reached 12 billion yuan, with a concession of more than 1.1 billion yuan. Among them, the categories of food, wine, computers, New Year’s gift boxes, and home appliances all increased by more than 40%, the transaction volume of takeaway platforms increased by 200% year-on-year, and the order volume increased by 400%. (E-commerce News)

  3. John Lobb, a shoe brand under Hermes, has settled in JD to open a flagship store

  February 23rd news, recently, John Lobb, a British shoe brand under Hermès Group, settled in JD.com and opened its first online official flagship store in China. To celebrate the 75th anniversary of the birth of the brand's iconic shoe "WILLIAM" double-ring buckle Munk shoes, the new William New Standard series is officially launched on JD.com. (Europe)

  4. It is said that JD Logistics European Warehousing Base will be trial operation at the end of May

  According to Blue Technology, JD Logistics Warehousing has been laid out in Germany, the United Kingdom and the Netherlands. It is expected that these three logistics warehousing bases will be opened to the public for trial operation by the end of May. At present, Huawei and other Chinese companies have signed cooperation agreements with JD Logistics, which will become the first batch of companies to settle in JD Logistics in Europe. It is reported that Liu Qiangdong told German media in 2018 that JD.com will expand into Europe and plans to complete various deployment measures for entering Europe by the end of 2018. (E-commerce News)

  5. China IoT: As of the end of 2019, more than one million new jobs were created in my country's logistics industry

  On February 23, the website of the China Federation of Logistics and Procurement released the "Analysis of Logistics Operations in 2020". The report said that the employment situation in the logistics industry is good, with more than one million new jobs being created. According to estimates, at the end of 2019, the number of employees in my country's logistics positions (including legal entities in logistics-related industries and individual industrial and commercial households engaged in logistics activities, as well as legal entities in industries such as industry, wholesale and retail) was 51.91 million, an increase of 3.6% over 2016, with an average annual growth of 0.9%. New industries such as e-commerce express delivery and multimodal transport have become the main driving force for new employment. During the 13th Five-Year Plan, the express logistics industry has recruited more than 1 million new jobs, with an average annual growth of 10%. The multimodal transport and transportation agency industry has recruited more than 150,000 new jobs, with an average annual growth of 8% over the past five years, with a growth rate faster than the industry average. (E-commerce News)

  Internet news

  6. Fliggy affiliated enterprises set up a new company in Hainan with a registered capital of RMB 10 million

  According to the news on February 23, Qichacha APP showed that on February 22, Fliggy Travel (Hainan) Co., Ltd. was established. The legal representative is Zhao Lei, with a registered capital of RMB 10 million. The business scope includes tourism business; passenger ticketing agency; ticketing agency services; conference and exhibition services; travel agency service outlets to attract and consulting services, etc. According to the penetration of Qichacha equity, the company is wholly owned by Zhejiang Flying Pig Network Technology Co., Ltd. (hereinafter referred to as Flying Pig). (E-commerce News)

  7. Heilongjiang Province incorporates "express delivery into villages" into important work tasks in 2021

  On February 23, the Heilongjiang Provincial Government Work Report clarified the important work tasks in 2021, and "promoting 'express delivery into villages' and achieving qualified express delivery services to villages" was included in it for the first time. The Heilongjiang Postal Administration said that in 2021, it will seize the opportunity of the provincial government paying attention to and supporting the work of "express delivery into villages", gather energy from all parties, and coordinate the deployment and promotion. Further implement the three-year action plan for "express delivery into villages", strive to fully complete the "express delivery into villages" pilot work tasks before the end of the year, achieve the three-year action goal ahead of schedule, and realize the direct investment of express delivery services in qualified villages to villages, strengthen support for the development of rural e-commerce, and better serve the "rural revitalization" strategy. (Yiou.com)

  8. Quanzhou, Fujian: E-commerce achieved online retail sales of 14.154 billion yuan during the New Year Festival

  According to the Quanzhou Evening News on February 23, data shows that as of February 19, the one-month Quanzhou E-commerce New Year Festival achieved online retail sales of 14.154 billion yuan, accounting for 34% of the province. According to third-party data statistics, during the 7-day Spring Festival holiday, Quanzhou City achieved online retail sales of 1.62 billion yuan, an increase of 20.6% compared with the 7-day Spring Festival last year. In addition, the sales of goods participating in the New Year Festival promotions across the province are booming, achieving online retail sales of 5.97 billion yuan, accounting for more than 35% of the province. The online retail sales of agricultural products such as tea, aquatic products, livestock, poultry and vegetables are stable, with retail sales of 850 million yuan, accounting for 6%. (E-commerce News)

  Cross-border newsletter

  9. Amazon requires merchants to purchase insurance and commercial comprehensive liability insurance

  According to Cailianshe, recently, some Amazon suppliers have received a notice that they will submit commercial comprehensive liability insurance certificates for products sold on the platform within 30 days, and will face the risk of banning sales after the deadline. A person who provides multiple services to Amazon said that the policy is not yet clear, as if only electronics and auto parts categories need to purchase insurance. But he estimated that it is very likely to expand to all categories in the future. According to reports, due to product quality issues, Amazon faces continuous consumer claims pressure, which has generated a lot of spending. Therefore, we want to alleviate this part of the economic pressure by passing on risks, requiring sellers to purchase product liability insurance, and using Amazon as a beneficiary. (E-commerce News)

  10. Southeast Asian e-commerce platform Shopee launches shopping app in Mexico

  According to foreign media reports, Southeast Asian e-commerce platform Shopee recently launched a shopping app in Mexico. This is the second site in the Latin American market after Brazil. According to Apple's app preview on its Mexican website, Shopee will provide free delivery services across Mexico, providing local consumers with products including electronics, clothing, toys and household items. It is reported that a person related to Shopee confirmed that Shopee has opened a Mexican site, but as of press time, it is not clear whether Shopee has begun to accept orders from the Mexican region. (E-commerce News)


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