#Laogao E-commerce Newsletter# [March 2 E-commerce Evening News Brief]

#Laogao E-commerce Newsletter# [E-commerce Evening News on March 2] Cross-border Newsletter: Amazon AWS launches the Chinese logo "Amazon Cloud Technology"; in 2020, Quanzhou's cross-border e-commerce trade volume increased by 8.29 billion yuan year-on-year; domestic beauty products sprinted to IPO! Han Shu’s parent company launched listing guidance.

 E-commerce newsletter

1. During the Spring Festival, the national express delivery volume reached 300 million pieces per day.

According to reports on March 1, it was reported that this afternoon, the State Council Information Office held a press conference to introduce the implementation of the spirit of the "National Comprehensive Three-dimensional Transportation Network Planning Outline" and accelerate the construction of a strong transportation country, and answer questions from reporters. Ma Junsheng, director of the State Post Bureau, introduced that during the Spring Festival, the national postal express delivery industry collected and delivered 100 million express parcels, an increase of 260% year-on-year, and the express delivery volume reached a scale of 300 million pieces per day. After the Spring Festival, it basically returned to normal. (Sina highlights)

2. Antarctic E-Commerce: It has spent 11.4874 million yuan to repurchase 1.2172 million shares

According to March 1, Antarctic E-commerce announced that as of February 28, 2021, the company repurchased the company's shares through a special securities account for stock repurchasing, and the number of shares repurchased by the company has been repurchased 1.2172 million shares, accounting for 0.05% of the company's current total share capital, with the highest transaction price of 9.63 yuan/share, the lowest transaction price of 9.34 yuan/share, and the transaction amount of 11.4874 million yuan. (Jiuchao News)

3. Joint parcels increase express delivery surcharges from China to Europe and the United States

  According to China Post Express on March 1, the joint parcels will increase the surcharge for international freight from mainland China and Hong Kong starting from February 28. Starting from February 28, express delivery surcharges from mainland China and Hong Kong to the United States will increase from $0.68 per pound (1 pound is about 0.45 kg) to $1.13, and express delivery will increase from $1.47 per pound to $1.93. In addition, surcharges will be raised for goods sent from Taiwan to the United States. (China Post Express)

4. Tmall adds new sample product release specifications

  With the development of Tmall's business, in order to improve the business environment of the Tmall platform sample market, ensure a good trial mind in the sample market, provide consumers with high-quality and reliable trial products, and expand more abundant, standardized and distinctive trial samples, Tmall plans to add the "Tmall Sample Product Release Specifications". This specification will be announced on March 1, 2021 and will officially take effect on March 8, 2021. (Tmall rules)

  Cross-border newsletter

  5. Amazon AWS launches Chinese logo "Amazon Cloud Technology"

  On March 1, Amazon Web Services, a cloud business under Amazon Company, officially launched the Chinese logo "Amazon Cloud Technology". At present, introductions related to Amazon China's official website, official Weibo, etc. have also become "Amazon Cloud Technology". It is understood that Amazon's cloud business revenue in the whole year of 2020 was US$100 million. In the global cloud computing market share in the fourth quarter of 2020, Amazon's cloud computing business accounted for 32%. (E-commerce News) (Hugo.com)

6. iResearch Consulting: China's cross-border B2B e-commerce market size will reach 5.7 trillion yuan in 2021

March 2nd news, recently, iResearch Consulting released the 2021 "China's New Cross-border Export B2B E-commerce Industry Research Report" shows that B2B cross-border e-commerce is still the main body of cross-border e-commerce. In 2019, the scale of cross-border B2B e-commerce in China reached 3.7 trillion yuan, accounting for 74.1% of China's cross-border B2B e-commerce scale; it is estimated that the scale of China's cross-border B2B e-commerce market in 2020 will be 4.5 trillion yuan, and this figure will reach 5.7 trillion yuan in 2021. The report pointed out that overall, Chinese brands have already shown initial results in going overseas. Data shows that after China's top 50 global brands achieved a 15% brand growth in 2019, they continued to create an 8% growth in 2020.

7. In 2020, Quanzhou's cross-border e-commerce trade volume increased by 8.29 billion yuan year-on-year by 6.1 times

According to reports on March 1, statistics show that in 2020, Quanzhou's cross-border e-commerce trade volume was 8.29 billion yuan, a year-on-year increase of 6.1 times; of which exports were 7.6 billion yuan, a year-on-year increase of 85.7 times, directly driving Quanzhou's export growth by 5.2 percentage points. It is understood that after the implementation plan of China (Quanzhou) Cross-border E-commerce Comprehensive Pilot Zone was officially released at the end of May 2020, Quanzhou accelerated the construction and improvement of the online public service platform of the cross-border e-commerce comprehensive pilot zone, and at the same time launched offline service windows in the comprehensive bonded zone; in addition, some cross-border e-commerce platforms were also introduced to build service centers, incubation bases, etc. in Quanzhou. (Tencent.com)

Internet news

8. Tianshui Post Pinduoduo Precision Poverty Alleviation Official Store sold 174,200 agricultural and special products

According to statistics, since the official store of precision poverty alleviation was opened in Pinduoduo in May 2019, Tianshui Post has helped fruit farmers sell a total of 10,000 pieces of agricultural and special products such as apples, cherries, peaches, handmade chili noodles, and sales of 10,000 yuan. According to Li Jun, deputy manager of the Channel Platform Department of Tianshui Branch of China Post Group Co., Ltd., as of the end of 2020, the annual sales of the targeted poverty alleviation store has exceeded 100,000 orders, and the current daily transaction volume of the store exceeds 20,000 yuan. (E-commerce News)

9. JD.com affiliated companies established a new company in Hainan with a registered capital of 100 million yuan.

According to the news on March 1, Tianyancha App showed that on February 26, Hainan Jingdong Haitong Supply Chain Technology Co., Ltd. was established. The legal representative is Mao Weina, with a registered capital of 100 million yuan. The company's business scope includes road freight transportation; land international freight transportation agent; sea international freight transportation agent; domestic freight transportation agent, etc. Tianyancha equity penetration shows that Hainan Jingdong Haitong Supply Chain Technology Co., Ltd. is wholly owned by JD Logistics Holding Limited. (Tianyan Check)

10. Domestic beauty products and sprint IPO! Han Shu’s parent company launches listing guidance

Shanghai Shangmei Cosmetics Co., Ltd. signed a listing guidance agreement with CITIC Securities on February 22, 2021. Public information shows that Shangmei Cosmetics owns brands such as Hanshu, Yiyezi, and Red Elephant, covering the production and sales of skin care, facial masks, mother and baby, makeup, and washing care. (Yibang Power)

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