Evening News : Lazada: The month-on-month growth rate of Thai skin care products reached 116%; eBay held the first anniversary summit of "Outstanding E-Road Travel to Overseas"; the top 100 online retail list in 2021 was released: the total sales exceeded 1.47 trillion yuan in 2020; Gome and Cao County People's Government reached a long-term strategic cooperation; Douyin E-commerce 618 Good Products Festival officially launched: Tens of thousands of live broadcasts will be held...
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E-commerce newsletter
1. Douyin E-commerce 618 Good Things Festival officially started: Tens of thousands of live broadcasts will be held
On May 25, Douyin E-commerce announced today that it had officially launched the "Douyin 618 Good Products Festival" and entered the 618 promotion. It is understood that the event will last for 25 days until June 18th. For this "Douyin 618 Good Products Festival", the platform will base itself on interest e-commerce and launch tens of thousands of live broadcasts such as "Meet New National Trends", festival-themed live broadcast rooms, brand live broadcast rooms, etc., select national trend products and source goods to meet consumers' needs for quality shopping. The platform will adopt the pre-sale of deposits, and the final payment period will be from June 1 to June 3. (E-commerce News)
2. Gome and Cao County People's Government reach long-term strategic cooperation
According to May 25, Gome and the Cao County People's Government recently reached a long-term strategic cooperation. In the future, the two sides will fully combine Gome’s platform advantages and Cao County’s industrial chain advantages to carry out multi-field, all-round and multi-form cooperation, promote the extension and implementation of Gome’s “home and life” strategy and deepen the innovation-driven development of Cao County. According to reports, Cao County has now become China's largest performance clothing industry cluster, involving diversified categories such as Hanfu, school uniform, animation clothing, dance shoes, etc. Among them, Hanfu's sales accounted for 35% of the entire network; wood products and creative furniture accounted for 40% of the entire network. In the next June, the two sides plan to hold the "Real Happy Hanfu Festival"; in the next year, all Hanfu industry chain enterprises and some wood product merchants in Cao County will gradually enter the Gome "Real Happy" platform. (E-commerce News)
3. The third anniversary of Shihuituan: 5-day GMV exceeds 800 million yuan
According to May 25, the third anniversary celebration of Shihuituan ended a few days ago. Data shows that during the 520th anniversary of Shihuituan, the total mileage of 56,873 delivery vehicles nationwide exceeded 6,482,736 kilometers; the 5-day GMV exceeded 800 million yuan. Among them, during the anniversary celebration, the platform's fresh food product orders exceeded 33 million orders; 385,333 kilograms of durian were sold; 56,625,455 eggs were sold; 12,088,889 kilograms of milk were sold. (Tianxia Online Business)
4. The top 100 online retail list in 2021 is released: Total sales in 2020 exceed 1.47 trillion yuan
On May 25th, today, the China Chain Management Association and Deloitte China jointly released the "Retail Innovation-driven Enterprises to Win New Consumption and the 2021 China Online Retail TOP100 List" (hereinafter referred to as the "Report"). The report shows that the total sales of the companies listed this time exceeded 1.47 trillion yuan in 2020, an increase of 18.5% from 2019. Among the top 100, 93 are non-e-commerce companies, of which the number of consumer goods companies increased by 9.4% to 51 compared with last year. Based on online sales, electronics and home appliances account for the largest proportion of online sales of consumer goods companies on the list, reaching 65.9%. It is reported that the companies selected for the top 100 list include JD.com, Suning.com, Vipshop, Xiaomi , Wumart Technology , Three Squirrels, Dingdong Maicai, Yonghui Supermarket, etc. (Tianxia Online Business)
5. Li Jiaqi's company, ONE, released the first corporate standard for domestic live e-commerce
On May 25, according to the information disclosure of the National Standardization Management Committee’s Enterprise Standard Information Public Service Platform, Meiwa (Shanghai) Network Technology Co., Ltd. (referred to as “MeiONE”) recently released the “Living E-commerce Product Quality and Compliance Management Specifications”. This is also the first corporate standard in the domestic live e-commerce industry, and e-commerce anchor Li Jiaqi is a partner of Mei ONE. It is understood that the corporate standards announced by ONE in the United States will cover departments and institutions including product selection, compliance, public opinion monitoring, legal affairs, customer service and other departments. In terms of after-sales, if the brand flagship store does not receive feedback from consumers in a timely manner, consumers can directly contact "No. 1 Customer Service" and communicate with the brand party to provide solutions as soon as possible to protect consumer rights from the backend. (Yibang Power)
Internet news
6. Hong Kong media: JD Logistics' off-site dark market rises by 59%
On May 2, according to the Hong Kong Economic Daily, a Chinese brokerage firm sent an email to investors, selling 600,000 shares of JD Logistics shares over the market at HK$64 per share, but it is not known whether there is a transaction. If JD Logistics previously reported that it plans to set a price of HK$40.36, it means that JD Logistics will rise by 58.6% when opening the market, regardless of handling fees, 100 shares in one lot, and each lot may earn up to HK$2,364. According to recent market news, JD Logistics finally recorded about 1.373 million subscription applications, frozen funds of HK$573.1 billion, and publicly oversubscribed about 715 times. According to the prospectus data, since the public offering exceeds 700 times, the callback mechanism will be triggered, and the public offering ratio of JD Logistics will increase from 3% to 9%. JD Logistics will be listed on Friday (28th). (E-commerce News)
Cross-border newsletter
7. eBay holds the first anniversary summit of "Outstanding E-Road Travel to the Sea"
On May 25, eBay and Shanghai Municipal Commerce Commission jointly held the first anniversary summit of "Outstanding E-Road Travel to Shanghai", continuously promoting the transformation and upgrading of Shanghai's high-quality enterprises and traditional advantageous brands, and quickly expanding the global market through cross-border e-commerce export channels. It is understood that since the launch of the Shanghai Municipal Commerce Commission and eBay, a series of activities "Outstanding E-Road Tours" has been jointly planned by the Shanghai Municipal Commission of Commerce and eBay, many large-scale offline cross-border e-commerce summits, more than 30 series of salons, and organized a series of activities such as eBay enterprise open days and eBay Golden Eagle Seller Study Club. 25 online and offline trainings have attracted thousands of Shanghai companies to participate. (Sina Finance)
8. Lazada: The growth rate of GMV of Thai skin care products in summer reached 116% month-on-month
According to Lazada, the climate drives a new round of beauty product consumption boom. Lazada data shows that the GMV growth rate of Thai skin care products in summer reached 116% month-on-month, and refreshing skin care products with whitening and soothing effects are the main force; the GMV growth rate of Indonesian and Vietnamese site creams increased significantly, among which the growth rate of Indonesian site exceeded 68% month-on-month. The platform said that beauty tools are a major advantage category for Chinese cross-border merchants. In addition, Lazada started from the hot spots of summer shopping for women in six countries: India, Malaysia, Philippines, New Zealand, Thailand and Vietnam, and released a guide to selecting products for four key categories: beauty, maternal and infant, toys, and pets. (CCTV News)
9. Yangwo Wait responded to "demolition of red chip structure and accelerate domestic listing layout": It is basically true
According to the Beijing Business Daily, in response to the online rumor that "Yangwok has started to dismantle the red chip structure and accelerate the domestic listing layout", the relevant person in charge of Yangwok responded that it is basically true.
According to reports, the red chip structure refers to the structure in which companies in China (excluding Hong Kong, Macao and Taiwan) set up offshore companies overseas and then inject or transfer the assets of domestic companies to overseas companies to achieve the purpose of overseas holding companies listing and financing. If red chip companies want to return to the domestic capital market and go public, they need to demolish the red chip structure, clarify the equity, and simplify the levels, so as to facilitate the supervision of the China Securities Regulatory Commission.
It is worth mentioning that Zeng Bibo, founder and CEO of Yangwo Wai, said that even if Yangwo Wai wants to go public in the future, it is impossible to choose an overseas market. Zeng Bibo said that he continued to be optimistic about China's cross-border e-commerce market. Although he was in the intermediate stage, he still had a second half to compete.
Tianyan Check information shows that Yangmatou has completed 7 rounds of financing, namely 5 million yuan in angel round financing, tens of millions of yuan in round A round financing, 100 million US dollars in round B round financing, over 100 million US dollars in round C round financing, hundreds of millions of yuan in round D round financing, 100 million yuan in strategic financing, and hundreds of millions of yuan in round D+ financing. (E-commerce News)
10. Shopee updates the classification standards for prohibited products: add new Class A prohibited products soil
According to May 25, Shopee recently updated the classification standards for prohibited products. Among them, the platform added soil for Class A contraband; Vietnamese sites added pregnancy test sticks for Class B contraband; Mexico sites added standards for Class AB contraband.
In addition, Shopee said that all contraband seized are not limited to the name of the item in the form, and whether the item is accompanied by dangerous goods expressly prohibited by the State Administration of Civil Aviation, as well as factors that threaten the safe flight of the aircraft, and the exported items of the National Inspection and Quarantine Bureau and Customs are the final category judgment.
The announcement shows that if the seller wants to confirm whether the product can be mailed, he can call the warehouse customer service to inquire.
Previously, when Shopee updated the standards and common types of contraband, it also emphasized that in the Class A standards for contraband, if the first type of explosives are seized, Shopee will be directly handed over to the public security organs for handling. At the same time, simulated explosive items are prone to panic, causing disordered order, and have certain negative impacts on the platform. They are also classified as prohibited products Class A. (Sina Finance)
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