#Laogao E-commerce Newsletter# [February 26 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [February 26 E-commerce Morning News]; Foreign media: ByteDance has increased its recruitment efforts in Singapore; Amazon's Dutch website has reached 6.5 million users; Ctrip's Lantern Festival big data: The number of searches for keyword "night tour" has increased by nearly three times; BOSS Direct Recruitment: Recruitment demand has increased by 124% year-on-year, with an average salary of 8,027 yuan...

　　E-commerce newsletter

　　1. Vipshop's revenue in Q4 2020 increased by 22% year-on-year

　　According to recent news, Vipshop released its unaudited fourth quarter and full-year financial reports for 2020. According to the financial report, in the fourth quarter of 2020, Vipshop achieved revenue of 35.8 billion yuan, a year-on-year increase of 22%, and the market expects 34.89 billion yuan; according to the calculation of US General Accounting Standards (Non-GAAP), the net profit attributable to Vipshop shareholders in the fourth quarter was RMB 2.6 billion (approximately US$394.8 million), a year-on-year increase of 33.4%. In the fourth quarter, the number of active users was 53 million, an increase of 37% compared with 38.6 million in the same period last year. In 2020, the number of active users was 83.9 million, an increase of 22% year-on-year. (E-commerce News)

　　2. Mogujie's revenue in Q3 of 2021 fell by 45.6% year-on-year

　　On February 25, Mogujie released its unaudited financial report for the third quarter of fiscal year 2021. According to the financial report, from October 1 to December 31, 2020, Mogujie's Q3 revenue was approximately RMB 147 million, a decrease of 45.6% from RMB 270 million in the same period last year; the net loss was RMB 36.694 million, a narrower than RMB 1.635 billion in the same period last year; the adjusted profit before interest, tax, depreciation and amortization (EBITDA) was RMB 1.2 million, achieving a single-quarter profit for the first time. (E-commerce News)

　　3. BOSS Direct Recruitment: Recruitment demand increased by 124% year-on-year, with an average salary of 8,027 yuan

　　On February 25, it was learned that the BOSS Direct Recruitment Research Institute recently released the "Observation of Employment Trends in the First Week of Resumption of Work in 2021". One week after the Spring Festival in 2021, market recruitment demand has grown rapidly, an increase of 124% compared with the same period in 2020, which was shrouded in the epidemic, and the average recruitment salary has reached 8,027 yuan. (Sina Technology)

　　4. Ctrip Lantern Festival Big Data: The number of searches for keyword "night tour" has increased by nearly three times

　　According to Ctrip data, from February 12 to February 22, the number of searches for the keyword "night tour" on the Ctrip platform increased by about 296% compared with February 1-February 11. From February 26 to February 28, the average hotel order volume of Ctrip has increased slightly compared with the average hotel order volume on February 25 and February 1. During the Lantern Festival, Shanghai, Guangzhou and Beijing ranked in the top three in the national ranking of city hotel orders, followed by Chengdu and Hangzhou. (Yibang Power)

　　Cross-border newsletter

　　5. The number of users of Amazon Dutch stations reaches 6.5 million

　　According to reports on February 26, since Amazon's Dutch station was officially opened to global buyers in January 2020, the number of users on its platform has increased from 3.8 million to 6.5 million. According to data from the website survey agency Vinex, in August 2020, the number of Amazon's Dutch site users reached 4.9 million. During the shopping season in November, Amazon's Dutch station visited 7.3 million. (Hugo.com)

　　6. Brazilian mobile payment platform RecargaPay receives US$70 million in Series C financing

　　On February 26, Brazilian mobile payment platform RecargaPay announced that it had completed a US$70 million Series C financing. This round of financing was jointly led by IDC Ventures and Fuel Venture Capital, with Youlun Group, ATW and Experian participating. According to reports, this round of financing will help RecargaPay provide mobile payment, mobile wallets and other mobile financial services to more Brazilian users. (Yibang Power)

　　7. Foreign media: ByteDance increases recruitment efforts in Singapore

　　According to the financial news website Quartz on February 23, ByteDance plans to use Singapore as its business center in the Asia-Pacific region and is recruiting talents on a large scale. In addition, ByteDance's business in the Middle East, Africa, and Central and South America is also developing rapidly. The company is also accelerating recruitment in China and the United States, with the company planning to recruit 10,000 people in the United States in the next three years. Data from consulting firm GlobalData shows that since August 2020, one-quarter of the jobs released by ByteDance are located in Singapore. Some of these positions involve product and data management, e-commerce and cloud security. (E-commerce News)

　　Internet news

　　8. Ministry of Commerce: By 2025, every county town will have chain supermarkets and logistics distribution centers.

　　According to February 25, at a press conference held by the State Information Office on February 24, 2021, the head of the Ministry of Commerce said that a number of measures will be taken to establish a modern circulation system. Minister of Commerce Wang Wentao said that we should allow residents to have convenience stores, vegetable markets, and community life service outlets, that is, we should focus on creating a "quarter of an hour" convenient life circle. The key to rural areas is to improve the commercial system. By 2025, every county town must have chain supermarkets and logistics distribution centers, townships must have commercial centers, and every village must have express delivery, which must be fully covered. (Yibang Power)

　　9. Miniso's revenue in Q2 2021 was 2.298 billion yuan in net profit increased by 70% month-on-month

　　According to reports on February 25, Miniso released its unaudited financial report for the second quarter of fiscal year 2021. As of the quarterly financial report ended on December 31, 2020, Miniso's total revenue for the quarter was RMB 2.298 billion (approximately US$352.1 million), an increase of 11% month-on-month; after deducting non-recurring gains and losses and exchange losses, the adjusted net profit in the second fiscal quarter was RMB 150 million, an increase of about 70% month-on-month from RMB 85 million in the first fiscal quarter. It is expected that the third fiscal quarter revenue will grow by more than 40% year-on-year; gross profit will be RMB 643 million, a month-on-month increase of 23%. (Yibang Power)

　　10. Forbes China's 2021 Business Potential Women List: Taobao anchor Weiya is selected

　　According to February 25, Forbes China released the "20 Potential Women in Business in 2021" list yesterday. The women selected for this list come from artificial intelligence, software, medical health, the Internet and other fields, including Taobao’s top anchor Weiya, who ranked fifth on the list. Forbes China said that during the epidemic, live e-commerce has played a key role in accelerating economic recovery. The epidemic has also made Taobao’s super popular female anchor Weiya make more new attempts with various industries in a short period of time. It is understood that relevant data shows that among the online hosts selling goods in 2020, Weiya brought 31 billion yuan in annual sales, firmly ranking first in the anchor list; Li Jiaqi followed closely, with 21.8 billion yuan in sales in 2020; Kuaishou anchor Simba brought 12.1 billion yuan in sales, ranking third. (Titanium Media)

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