#Laogao E-commerce Newsletter# [May 28 E-commerce Morning News]

      Alibaba launches the "explosion group" project to increase local life; Shentong Express launches 618 "Presale Speedy" to cover 240 cities across the country; it is rumored that Amazon's annual shopping carnival day Prime Day will be held from June 21 to 22; Shopee: From June, Brazil's site will launch a free trial of free shipping projects; Data: The inventory of 618 blind box figures soared by 1,000% year-on-year...

      Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. Alibaba launches "explosion group" project to increase local life

      According to Tech Planet, Alibaba's reputation launched a project called "Breaking Explosion Group" at the beginning of this year, which is a platform under Alibaba's local life. Like the purchase process of other local discount platforms, after users purchase goods from explosive groups, they need to write off the goods in offline stores to finally complete the transaction. Some people close to the explosion group project revealed that the explosion group is currently under low-key internal testing in cities such as Shenzhen and Suzhou. (E-commerce News)

2. Yunji's revenue in the first quarter of 2021 was 675 million yuan, down 59% year-on-year

      On May 27, China's member e-commerce platform Yunji released its unaudited financial results for the first quarter of 2021 ended on March 31. According to the financial report, during the reporting period, Yunji's total revenue was RMB 675.4 million, a 59% decrease from RMB 1.649.2 billion in the same period last year; the net loss was RMB 4 million, a narrower than the net loss of RMB 13.2 million in the same period last year; the adjusted net profit was RMB 17.1 million, while the net profit in the same period last year was 26.1 million. (E-commerce News)

3. Shentong Express launches 618 "Presale Speedy Delivery" covering 240 cities across the country

      On May 27, in order to welcome the 618 mid-year promotion of major e-commerce platforms, Shentong Express officially launched this year's "Pre-sale Speedy Delivery" project yesterday, covering 240 cities in 24 provinces across the country. All 69 direct transfer centers under Shentong Express participated, and the number of shipment warehouses reached 25. Relying on "pre-sale fast delivery", more than 70% of orders can be delivered on the same day, and more than 95% of orders can be delivered on the next day. In order to ensure smooth operation of the entire link, during the delivery process, this year's 618 "Pre-sale Speedy" package will be sorted as soon as possible after arriving at the Shentong outlet, and will be given priority for delivery under the conditions permitted by the actual route. (E-commerce News)

4. Orange Heart Youxuan and Unilever to create exclusive brand day event

      On May 27, Orange Heart Youxuan joined hands with Unilever to link up with its Aomiao, Jinfang, Qingyang, Lis, and China to create exclusive brand day activities. During the event, Orange Heart Youxuan will jointly promote with the brand and launch hundreds of popular products. In April this year, Orange Heart Youxuan launched a special "Brand Day" plan. As of now, Orange Heart Youxuan has jointly launched a brand day event with dozens of brands including Pechoin, Three Squirrels, Haoliyou, Hengan Group. According to reports, Orange Heart Youxuan will launch at least 3-4 exclusive brand day events every month. (E-commerce News)

Cross-border newsletter

5. It is said that Amazon, Microsoft and Google are bidding for Boeing's $1 billion cloud service contract

      According to Sina Technology, four people familiar with the matter revealed on May 27 that Amazon, Microsoft and Google, three major cloud computing service providers, are competing for Boeing's $1 billion cloud service contract. Amazon, Microsoft and Google all participated in the bid for the project, the people said. Two of the people familiar with the matter said the deal was at least $1 billion. Boeing and Amazon spokespersons have not commented on the report, while Microsoft and Google spokespersons declined to comment. (E-commerce News)

6. Shopee: From June, Brazilian sites will launch free shipping projects for free trials

      According to May 26, today, Shopee announced that in June 2021, Brazilian sites will launch a free trial period for free shipping projects (FSS, Free Shipping Program); starting from July 2021, the free shipping projects will be officially implemented. According to reports, this free shipping project will automatically cover all normally operating stores in June, but some newly opened stores may not be able to cover them. At the same time, the free shipping project in July will be launched to register and exit the seller, and the seller's operation manager will notify you at that time. If sellers who participate in the June free shipping trial do not apply for exit, they will default to participating in the July free shipping program. (E-commerce News)

7. It is said that Amazon's annual shopping carnival day will be held from June 21st to 22nd

      On May 27, people familiar with the matter said that this year's Amazon Prime Day promotion will be scheduled for June 21 and 22. It is reported that previous Prime Day events were usually held in July, and were postponed to October due to the impact of the epidemic last year. This year, Amazon hopes to host this mid-year shopping carnival as scheduled. In addition, Amazon plans to suspend Prime Day activities in Canada and India due to concerns about the spread of the epidemic. (E-commerce News)

8. Cross-border e-commerce SaaS service provider Lingxing ERP announced that it will complete a RMB 200 million Series B financing

      On May 28, cross-border e-commerce SaaS service provider Lingxing ERP announced today that it had completed a 200 million yuan Series B financing. In the past six months, Lingxing ERP has raised nearly 300 million yuan in cumulative financing. According to Tianyan Check data, Lingxing is a SaaS software company focusing on the cross-border e-commerce industry. The company's independently developed Amazon ERP system ASINKING helps Amazon sellers build a complete data and management closed loop and improve their refined operation capabilities. Through product experience and customer-first service concept, products have become the preferred choice for domestic Amazon sellers. (E-commerce News)

Internet news

9. Alipay report: Chinese fast food search volume rose by 106% month-on-month in May

      On May 27, Alipay released the "Chinese Fast Food Consumption Hot Report" today pointed out that the popularity of Chinese fast food has increased recently, and Alipay's search volume increased by 106% month-on-month in May. Among the consumer groups who like to eat Chinese fast food, nearly 70% of the post-95s account for nearly 70%, 27.5% of the post-85s account for 27.5%, and 4.24% of the post-70s and other ages account for 4. From a regional perspective, consumers in Guangdong love to eat Chinese fast food, followed by Shandong, Henan, Jiangsu, Zhejiang, Hebei, Sichuan and other regions. In terms of Chinese fast food selection, Shancunji, Axiang Rice Noodles and Kao Le have become the top three most popular Chinese fast foods among young people. (E-commerce News)

10. Data: The inventory of 618 blind box figures soared by 1,000% year-on-year

      According to reports on May 27, data from a logistics platform showed that the scale of pre-sale goods in 618 increased by 100% year-on-year. Among them, the inventory of blind box figures increased by as much as 1,000% year-on-year. Relevant reports show that among the most "money-burning" hobbies born after 1995, blind box figures rank first. Post-95s have become an important consumer group in the blind box figure market, accounting for nearly 40%. In addition to blind boxes, in markets such as Hanfu and baby circles, post-95s have also become the main purchasing force, and consumer interest has become an important factor affecting shopping. (E-commerce News)