#Laogao E-commerce Newsletter# [March 8 E-commerce Evening News Brief]

#Laogao E-commerce News# [E-commerce Evening News on March 8] Evening News : Zhejiang Tmall Technology Co., Ltd. established a new e-commerce company with a registered capital of 200 million yuan; Didi: 2.37 million female drivers received revenue from Didi in 2020 and increased by more than 260,000 yuan; B station responded to rumors of listing in Hong Kong and raising US$3 billion in financing: no comment; report: 78% of American brands sell products on Amazon platform.

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E-commerce newsletter

1. Online Economics and Social Security released the top 20 monthly active list of comprehensive e-commerce APPs in January: Taobao ranks first

According to March 8, recently, the E-Commerce Research Center of the Network Economics and Social Security released the "20 Top 20 Active Users of Comprehensive E-commerce APPs in January 2021" based on its "Dianshubao" e-commerce database. The "List" shows that among the top 10 monthly active users of comprehensive e-commerce APPs in January, Taobao, Pinduoduo and JD.com are firmly ranked in the top three, followed by Vipshop, Tmall, Suning.com, Fenqile, Jumei Youpin, Dangdang, and Taobao Alliance. The 11-20th place are: NetEase Yanxuan, Xiaomi Life, Necessary, Mengdian, Baifen.com, LeTV Mall, Feifan, No. 1 Store, Gome, and SF Express. (E-commerce News)

2. Zhejiang Tmall Technology Co., Ltd. established a new e-commerce company with a registered capital of 200 million yuan

According to the news on March 8, Qichacha APP showed that on March 5, Zhangbei Tmall Youxuan E-Commerce Co., Ltd. was established with a registered capital of RMB 200 million. The legal representative is He Chunlei. His business scope includes Internet sales (except for selling goods that require license); electronic products (except for electronic publications), household appliances, mobile phones, digital products, daily necessities, etc. According to the penetration of Qichacha equity, the company is 100% owned by Zhejiang Tmall Technology Co., Ltd. (E-commerce News)

3. Kuaishou E-commerce reaches cooperation with Wuling Automobile

On March 8, Kuaishou E-commerce announced today that it had reached an in-depth cooperation with Wuling Motors. During the "3.8 Goddess Day", the two parties will conduct a series of marketing around Wuling Hongguang MINI EV electric vehicles, including selling complete vehicles in Kuaishou E-commerce shopping carts. It is reported that Kuaishou master anchor "Zhang Ersao" will sell a batch of Wuling Hongguang MINI EV "free version" in the live broadcast room tonight. Kuaishou E-commerce will subsidize each car at an official guide price of 32,800 yuan. (E-commerce News)

4. Didi: 2.37 million female drivers earned more than 260,000 new revenues from Didi in 2020

March 8th news, on the occasion of Women's Day, Didi released the "Didi Digital Platform and Women's Ecology Research Report". The report shows that over the past eight years, a total of 2.715 million female online ride-hailing drivers have earned income on the Didi platform, including 2.37 million Chinese women. The average age of female drivers on Didi platform is 36 years old, with the proportion of post-80s generation reaching 52.1%. The report shows that especially since 2020, more than 265,000 newly registered female online ride-hailing drivers in China have become an important support for Didi’s platform. (E-commerce News)

5. SF Express launches "Fengcheng Special Transport" service in Taiyuan, Shanxi

According to March 8, Shanxi SF Express recently officially launched the "Fengcheng Special Transportation" service in Taiyuan, and you can find a courier to operate when moving in individuals or enterprises. It is reported that users can follow the WeChat "Fengcheng Special Operations" mini program and choose this service online. The specific operation is: select the freight vehicle, fill in the origin and destination, and then you can make an appointment for use of the vehicle. Compared with traditional freight services, citizens can also learn about the specific progress of the transport throughout the mini program. (E-commerce News)

Internet news

6. Bilibili responds to rumors of listing and financing of US$3 billion in Hong Kong: no comment

On March 8, in response to media reports that B station seeks to pass a hearing on listing in Hong Kong this week and the fundraising scale is expected to be US$3 billion (about HK$23.3 billion), B station responded: "No comment." According to the financial report released by B station last month, B station's total revenue in fiscal year 2020 reached RMB 12 billion, a year-on-year increase of 77%. In the fourth quarter of 2020, B station’s e-commerce and other business revenue was 740 million yuan, an increase of 168% year-on-year. (Yibang Power News)

7. JD Digital responds to or abandons the Shanghai Science and Technology Innovation Board listing plan: no comment

According to media reports, JD Digital Technology, a subsidiary of JD.com, may give up its listing plan on the Shanghai Science and Technology Innovation Board. JD Digital believes that withdrawing the IPO plan is an appropriate approach, because the company's name, business and executive team have changed since the first listing plan was proposed. Some sources said that JD Digital may resubmit a listing application in the future. JD Technology responded that "no comment on this." (Source: Sina Finance) (E-commerce News)

8. Twitter CEO Auction First Tweet: Maximum Bid 2.5 Million

According to reports on March 8, Twitter CEO Jack Dorsey may sell the first tweet as a non-fungible token ("NFT" for short). As of last Saturday afternoon, the highest bid was $2.5 million from Bridge Oracle CEO Hina Estave. It is reported that Dorsey is a supporter of digital cryptocurrency. The digital payment company Square, which he founded, purchased 4,709 and 3,318 bitcoins in October and late February 2020, respectively. (Source: Sina Technology) (E-commerce News)

Cross-border newsletter

9. From January to February, Ningbo’s cross-border e-commerce B2B export value reached 44.1% of last year

On March 8, the E-commerce Daily learned that from January to February, Ningbo Customs regulated the value of cross-border e-commerce B2B export goods, which reached 44.1% of the whole year last year, with a strong momentum at the beginning of the year.

According to Ningbo Customs data, in 2020, Ningbo Customs supervised 96.893 million bonded imports for cross-border e-commerce online shopping in Ningbo Bonded Zone, with a value of 21.518 billion yuan, an increase of 13.4% and 28.7% year-on-year respectively. The business volume ranked first in the single region of cross-border online shopping bonded import business in the country for three consecutive years.

In order to promote the sustainable and healthy development of bonded import business of online shopping in Ningbo, Ningbo Customs has successively launched eight measures, including "innovation of tax guarantee methods", "status mutual transfer, cross-regional direct transfer", and "pilot 'new retail'", to create a "Ningbo model" for cross-border e-commerce supervision.

As of November 2020, the total volume of Ningbo's cross-border e-commerce import 1210 model (online shopping bonded model) has reached 1/4 of the country.

Up to now, Ningbo has a total of 66 companies that have built and operated 203 overseas warehouses in 20 countries (regions) around the world, with a total area of ​​2.0048 million square meters, ranking among the top in the country. (E-commerce News)

10. Report: 78% of American brands sell products on Amazon

On March 8, E-commerce News learned that according to Yien.com, recently, the brand optimization smart platform Feedvisor released its third annual brand survey report.

The report shows that among the 1,000 U.S. brands participating in the survey, 78% of brands currently sell products on Amazon, up from 55% in the previous year; 88% of brands are using Amazon’s advertising platform for marketing, up 21% from the previous year; 59% of brands spend more than $60,000 on Amazon advertising every month, an increase from 38% in the previous year.

The survey also showed that in 2020, Amazon received $21.5 billion in advertising revenue. Among the forms of advertising supported by Amazon, the most popular is the paid click (PPC) advertising tool, adopted by nearly 75% of Amazon sellers; followed by Amazon sponsor product advertising and Amazon sponsor brand advertising. (E-commerce News)