TwitterCFO: The importance of e-commerce business to the company will increase day by day; Vietnamese e-commerce Tiki plans to launch a new round of financing to raise US$150 million to US$200 million; news says NetEase Cloud Music will go to Hong Kong to raise HK$7.036 billion; JD 618 will work with Beijing Satellite TV to launch the "2021 JD Boiling Night" live broadcast; JD Small Cube New Product Report: The number of new brands on the platform exceeds 50,000 in the past year...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. JD.com’s new product report: The number of new brands on the platform exceeds 50,000 in the past year
On May 26, JD.com recently released the "2021 JD.com Small Rubik's Cube New Product Consumption Trend Report". According to the report data, in the past year (April 2020-March 2021), the number of new products on JD platform has exceeded 10 million, the annual sales of new products have exceeded 60%, and the number of new brands has exceeded 50,000. The report also analyzes the current overall consumption status, development status, consumer groups, etc. from multiple aspects, providing more young and new brands with important reference basis, and creating a consumption base for younger new products. (E-commerce News)
2. Ele.me increases its "10 billion subsidy" for afternoon tea: afternoon tea orders in May have nearly doubled year-on-year
According to reports on May 26, Ele.me learned that since the second quarter of this year, Ele.me has increased its investment in the afternoon tea market with "10 billion subsidies". Since May Day, the year-on-year growth of afternoon tea orders on Ele.me platform has nearly doubled year-on-year, and the supply of new stores and new products in the afternoon tea merchants has also increased significantly compared with last year. Data from Ele.me platform shows that the frequency of afternoon tea order consumption from high to bottom is: milk tea juice, coffee, fried chicken skewers, desserts, braised and cooked foods and baking. Among them, the order volume of milk tea juice grew the fastest among all afternoon tea categories, showing an overdouble year-on-year growth several times in May, driving the overall increase in consumption of afternoon tea categories. (E-commerce News)
3. TikTok announced that real-name users under the age of 14 will directly enter the teenager mode
On May 26, this afternoon, Douyin announced that it would upgrade the protection measures for minors. Real-name authenticated users under 14 years old will directly enter the teenage mode after being informed, and cannot exit after entering. For real-name users aged 14-18, TikTok will provide stricter security protection in content recommendation, socializing, search, etc., such as prohibiting the display of personal public information other than avatars and nicknames to strangers. Relevant measures will be implemented in June. It is reported that users who enter the teenager mode will not be able to watch and turn on the live broadcast, and will not be able to recharge and reward. (Tianxia Online Business)
4. JD 618 will join hands with Beijing Satellite TV to launch the live broadcast of "2021 JD Boiling Night"
On May 26, JD.com said that at 19:30 on May 31, this year's JD.com 618 will join hands with Beijing Radio and Television Station to launch the "2021 Boiling Night" live broadcast, and stars such as Bai Jingting, Yang Wentao, Cici, Wang Ou, Huang Shengyi, Yu Kewei, Yan Yongqiang will join. This live broadcast will be broadcast simultaneously through Beijing Satellite TV, Tencent Video, JD Live, and WeChat Video Account. It is reported that JD.com 618 has been launched on May 24 this year and will last until June 20, including four major stages: pre-sale period, special session period, climax period and renewal period. (Tianxia Online Business)
5. YTO Express has established a new logistics company in Jining with a registered capital of RMB 30 million
According to the news on May 26, Tianyan Check information showed that on May 25, Jining Yuanhui Logistics Co., Ltd. was established. The legal representative is Li Xiaoping, with a registered capital of RMB 30 million. The business scope includes: road freight transportation (excluding dangerous goods); various engineering construction activities; road freight transportation station operation; transportation car packaging services; machinery and equipment rental; car rental, etc. Equity penetration shows that the company is 100% controlled by YTO Express Co., Ltd. (Yibang Power)
Internet news
6. News says NetEase Cloud Music will go to Hong Kong for IPO and plans to raise HK$7.036 billion
According to Interface News, NetEase Cloud Music will soon submit listing document A1 on the Hong Kong Stock Exchange, with a maximum issuance price of HK$330 and plans to raise HK$7.036 billion. According to reports, NetEase Cloud Music will issue 21.32 million shares worldwide, accounting for 10% of its company's total share capital. Of these, 2.132 million shares were sold in Hong Kong, and the remaining 19.188 million shares were sold internationally. The sponsors are CICC, Bank of America and Credit Suisse. NetEase Cloud Music said it would not comment on the above news. It is understood that in September 2019, NetEase Cloud Music completed a US$700 million B2 round of financing led by Alibaba. There are reports that its post-financing valuation is US$7 billion (approximately RMB 45.6 billion). (E-commerce News)
Cross-border newsletter
7. Vietnamese e-commerce Tiki plans to start a new round of financing to raise US$150 million to US$200 million
On May 26, according to the White Whale Going Overseas citing foreign media reports, Vietnamese e-commerce platform Tiki plans to launch a new round of financing in the next few months, with the amount of funds raised to reach 150 million to 200 million US dollars. In June last year, Tiki completed a US$130 million financing provided by Singapore's private equity firm Polaris Group. It is reported that Polaris Group will still participate in Tiki's new round of financing. Public information shows that Tiki was founded in 2010 and is the fastest-growing retail e-commerce website platform in Vietnam. It mainly sells electronic products and household appliances. Buyers can also enjoy installation services through the TikiPro function launched by the platform. At present, Tiki has become the second most popular e-commerce platform in Vietnam, second only to Shopee. (Sina Finance)
8. Amazon AWS plans to open three data centers in the UAE next year
On May 26, Amazon said on Wednesday that its cloud computing division AWS will launch three data centers in the UAE in the first half of 2022. By providing UAE customers with more options to run applications and store data locally, we are excited to build on the huge momentum of cloud computing in the Middle East, said Peter DeSantis, senior vice president of global infrastructure at AWS. It is understood that the UAE is Amazon's second infrastructure area in the Middle East, and the company opened its first batch of data centers in Bahrain in 2019. It is worth mentioning that Amazon's first quarter financial report for fiscal year 2021 released last month showed that in the first quarter, Amazon's cloud computing business AWS revenue was US$13.503 billion, a year-on-year increase of 32%, and operating profit was US$4.163 billion. (Sina Finance)
9. Twitter CFO: The importance of e-commerce to the company will increase day by day
On May 26, Twitter CFO Ned Segal said on Tuesday that e-commerce will grow in importance to the social media company. Segal pointed out that people do a lot of research on Twitter before buying things, so e-commerce will become an important tool for Twitter to connect new and old advertisers to users. Twitter has not provided details on how e-commerce capabilities work, but Segal said the company is very careful to maintain relationships with brands eager to sell products through its platform. It is worth mentioning that in early March this year, the company confirmed that it was testing new tweets containing shopping buttons. (Sina Technology)
10. Amazon plans to increase the number of logistics employees in North America and Europe to 100,000 this year
According to May 26, in order to meet the needs of transportation and distribution business, Amazon recently announced that it plans to increase the number of logistics employees in North America and Europe to 100,000 this year. Among them, there will be no less than 1,500 positions in three automated sorting centers under construction in the United States, including Louisiana and Tennessee in the United States this year. In addition, Amazon plans to add 25,000 to 25,000 jobs in Europe in 2021, with the total number of jobs to reach 135,000. Among them, 10,000 jobs will be created in the UK, 3,000 in France, and 5,000 in Germany. Italy will have 2,000 jobs in the next three years, while Spain will have 1,200. It is reported that Amazon currently employs more than 75,000 people in the logistics sector in the United States and Canada, and it is still expanding. (China Post Express)
EN
CN
