#Laogao E-commerce Newsletter# [E-commerce Morning News on March 10]

#Laogao E-commerce Newsletter# [E-commerce Morning News on March 10]. Morning News : Weibo officially launched an e-commerce support strategy and the "Super V Rising Star Plan"; the cross-border e-commerce "Yangmaidou" completed a D+ round of financing of hundreds of millions of yuan; Apple's spring press conference is about to be held, and major products are expected to be released; Fengchao's "Chao Xianchu" mini program has officially launched online operation.

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E-commerce newsletter

1. Alibaba established MMC business group integration two major businesses focusing on community group buying

      According to "LatePost" report, Alibaba recently integrated Retail Tong's community group buying business and Hema Market, and established an MMC business group to focus on community group buying business. It is understood that the person in charge of this business group is Alibaba partner and Alibaba B2B business group president Dai Shan. At an internal meeting that announced the adjustment on March 1, Dishonest said that there will be no upper limit on investment in community group buying. At the same time, it was announced at the meeting that Hema Market will merge with Retail Tong's community group buying business, Zou Zhijun is responsible for the channels, Wang Tingxiang is responsible for the operations, Chen Ming is responsible for the supply chain, and Guo Wei is responsible for the technology. (E-commerce News)

2. The total transaction volume of Douyin e-commerce "Queen's Day" reached 13.63 billion yuan

     On March 9, Douyin E-commerce released the "2021 Douyin E-commerce Queen's Day Data Report" today, pointing out that live shopping has become a new trend for women's consumption. From February 27 to March 8, the total transaction volume of Douyin e-commerce "Queen's Day" was 13.63 billion yuan. During the event, the sales of female experts in sales accounted for 64% of all Douyin experts. The report shows that women's clothing, jewelry and cosmetics are the three highest sales categories on Queen's Day. In terms of regional distribution, Guangdong has the highest trading volume of women's consumption, followed by Jiangsu, Zhejiang, Shandong and Henan. (E-commerce News)

3. Weibo officially launches e-commerce support strategies and the "Super V Rising Star Plan"

    On March 9, Weibo officially announced the launch of an e-commerce service provider support strategy, providing exclusive policies and rights to high-quality service provider partners. At the same time, Weibo will launch the "Super V Rising Star Plan" in many fields such as fashion, beauty, food, mother and baby, and handsome men, providing three major rights and interests: exclusive platform subsidies, exposure of tens of millions of traffic in the entire field of Weibo platform, and exclusive services of professional teams, to help super V Rising Star Experts grow rapidly. In addition, Weibo also stated that in 2021, it will use the strong cooperation of e-commerce service provider support strategies + Super V Rising Star Plan to promote the further development of the e-commerce industry. (E-commerce News)

4. Pinduoduo I Love My Home official flagship store is officially launched

     March 9th news, today, Pinduoduo I Love My Home official flagship store is officially launched. I Love My Home said that it aims to provide consumers with genuine benefits for buying and renting houses through a series of discount activities. In the future, more cities will be opened one after another. At present, the official flagship store of Pinduoduo I Love My Home has launched nearly 50 types of housing commission subsidy coupons, covering two major scenarios: buying, selling and leasing. In terms of trading, I Love My Home Beijing Company has also launched a 50% discount on replacement commission. (E-commerce News)

Cross-border newsletter

5. Amazon UAE station adds direct shipping of goods from US and UK stations

     According to reports, Amazon UAE station has added nearly 15 million new items that can be shipped directly from Amazon UK stations. UAE consumers have access to Amazon’s global stores and also support millions of international merchandise from Amazon’s US site.

It is reported that international delivery options for UAE customers who shop on Amazon global stores include Amazon UK and Amazon US. (Cross-border knowledge)

6. Cross-border e-commerce "Yangmaid" completes D+ round financing of hundreds of millions of yuan

     On March 9, the cross-border e-commerce "Yangmaidou" completed a D+ round of financing of hundreds of millions of yuan, and the investor was Shengshi Investment. The last round of financing of Yangmatou was in January 2020, and the official announced that it had received a Series D financing of hundreds of millions of yuan from Sina Weibo. (Yibang Power)

7. The official investment promotion of Walmart US site opens Chinese companies for the first time

     Today, the US website of Walmart e-commerce platform officially opened an official investment channel for Chinese cross-border sellers. This is also the first time that Walmart e-commerce platform has opened up the entry of Chinese companies. AMZ123 learned that before this, only the Walmart Canadian site had launched an official investment promotion for Chinese cross-border sellers. If Chinese sellers want to settle in Walmart American site, they generally need to register an American company and then find a channel agent to settle in with the main body of American company. (Cross-border knowledge)

8. Wish 2020 financial report: monthly active users exceed 100 million yuan in annual revenue increased by 34% year-on-year

      It is reported that Wish has released its annual financial results report for the fourth quarter of 2020 and ended December 31, 2020 on March 9. According to the financial report, Wish's revenue in the fourth quarter of 2020 reached US$794 million, a year-on-year increase of 38%, and its annual revenue in 2020 reached US$2.541 billion, a year-on-year increase of 34% compared with 2019. In addition, the number of Wish American merchants increased by 435% year-on-year. In 2020, Wish monthly active users (MAU) increased by 19% year-on-year to more than 107 million. (Cross-border knowledge)

Internet news

9. Apple's spring press conference is about to be held, and major products are expected to be released

      According to reports, Apple's spring press conference will be held on March 23. According to current information, among the new products in March, Apple will update its iPad Pro, AirPods, and Apple TV product lines, and bring the long-rumored Air Tags anti-lost accessories. Air Tags has built-in U1 ultra-wideband chip (UWB) that can provide users with high-precision positioning. UWB is expected to become the standard configuration like Bluetooth and GPS in the future. Thanks to the demonstration role of giants such as Apple and Samsung, the UWB industry ecosystem will develop rapidly. (CSI Information)

10. Fengchao’s “Chaoxianchu” mini program has been officially launched

      According to March 9, Fengchao recently launched the "Chaoxianchu" to test community group buying, and the mini program has officially launched online. It is understood that Chaoxianchu chose to go online in Shenzhen, and merchants around many communities have already settled in the platform. However, the reporter found that under the commission offensive, most of the group leaders of Chao Xianchu are used as several community group buying platforms. (E-commerce News)