#Laogao E-commerce Newsletter# [E-commerce Evening News on June 2]

      Evening News : Alibaba International Station launches a "no-selling dedicated line" toys to help merchants save logistics costs; Amazon officially announced: Annual PrimeDay will be held on June 21 and 22; Suning Supermarket June 1st Baby Festival 18-hour battle report: sales increased by 125% year-on-year; JD 618 first day: JD Flowers in the same city will reach orders 243% year-on-year; Yonghui's "June 1st Carnival Shopping" sales record: Yonghui stationery sales increased by 157.7% on May 29...

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

E-commerce newsletter

1. Yonghui's "June 1 Carnival Shopping" sales record: Yonghui stationery sales increased by 157.7% on May 29

      According to the news on June 2, driven by the live broadcast of "6.1 Carnival Shopping", on May 29, Yonghui Stationery sales increased by 157.7% year-on-year, and toys increased by 86.7% year-on-year. It is reported that from May 27 to 29, Yonghui took the new brand of cultural, sports and entertainment "Entertainment Planet" as a breakthrough and carried out full-category and all-channel promotions. During this period, stationery sales increased by 87.3% year-on-year, and toy sales increased by 52.3% year-on-year. (E-commerce News)

2. JD.com 618 first day: JD.com Flowers City Speedy Orders Increased by 243% year-on-year

On June 2, JD.com announced the first-day life service data of 618: JD.com Flowers City Speedy Delivery orders increased by 243% year-on-year, JD Travel Park ticket transaction volume increased by 7.3 times year-on-year, hotel transaction volume increased by 3 times year-on-year, air ticket transaction volume increased by 3.8 times year-on-year, and movie performance ticket transaction volume increased by more than 4 times month-on-month. The transaction volume of JD Sports' offline channel exceeded the entire day last year in just 8 minutes. As of 16 o'clock, the transaction volume of sports service products such as sports venue reservations increased by 14 times year-on-year, and sports training increased by 67 times year-on-year. The data also shows that the number of consultation orders for JD Health Traditional Chinese Medicine Hospital increased by nearly three times compared with the same period in May; the number of orders for dental dentistry services increased by more than four times year-on-year, among which the number of orders for dental cleaning services increased by 17 times year-on-year. (E-commerce News)

3. Xiaomi 618 first-day record: The payment amount of new retail through omni-channel in China exceeded 4 billion

      June 2 news, today, Xiaomi’s official Weibo released its first record of Xiaomi 618’s first good start: as of 24:00 on June 1, the payment amount of new retail in China exceeded 4 billion; the mobile phone category included the highest sales/sales of Android phones on all platforms. (Tianxia Online Business)

4. The Tmall flagship store of ONE's IP "Newa Family" opened

      On June 2, the Tmall flagship store of ONE's IP Naiwa family, was officially launched yesterday. Naiwa (never) is the pet dog of Taobao live broadcast anchor Li Jiaqi, who became popular on the Internet because of Taobao live broadcast. The Naiwa family is an IP created by ONE and LINE FRIENDS, and is composed of 5 warm and cute cartoon images with different personalities. It is understood that the first homemade T-shirt in the Naiwa family has been launched and the order volume exceeds 15,000 orders in just five minutes. Currently, the Naiwa family’s Tmall flagship store mainly sells clothing, bags, etc. (Tianxia Online Business)

5. Suning Supermarket 18-hour battle report on June 1st Baby Festival: Sales increased by 125% year-on-year

      On June 2, according to the battle report released by Suning Supermarket, Suning Supermarket's 6.1 Baby Festival was launched for 18 hours, with sales increasing by 125% year-on-year and buyers increasing by 154% year-on-year, ushering in the first sales peak since 618. In terms of category sales performance, Suning Supermarket's performance in wine, rice, flour, grain and oil categories in 18 hours before June 1 was outstanding. Among them, beer sales increased by 86% year-on-year; liquor sales increased by 135% year-on-year. Moutai became the most popular liquor brand, and the top single product is Wuliangye's eighth-generation general five. (Yibang Power)

Internet news

6. Fortune 500 in the United States was released in 2021: Walmart ranked first and Amazon second

      According to June 2, Fortune Chinese website today released the 2021 Fortune Top 500 US rankings. The list shows that Walmart topped the list for the ninth consecutive year, and Amazon remained second. Thanks to the hot sale of iPhone 12, Apple's revenue rose 5.5%, ranking third. At the same time, Apple's profit rose 3.9% from the previous year, returning to the top of the profit list. In addition, Google's parent company Alphabet entered the top ten for the first time; Tesla's ranking rose 24 places to rank 100th. According to reports, although Amazon has not changed its ranking, it has maintained a rapid growth momentum. Over the past decade, the company's revenue has jumped from $34 billion to $386 billion. (Huaxia Times)

Cross-border newsletter

7. Amazon officially announced: Annual Prime Day will be launched on June 21 and 22

      June 2 news, Amazon officially announced on Wednesday that this year's Prime Day will be scheduled for June 21 and 22. Jamil Ghani, vice president of Prime membership, said at a press conference that users who subscribe to Amazon Prime members can enjoy "more than 2 million discounted transactions", and the transaction products cover various categories such as fashion, electronic products, toys, home decoration, and automobiles. It is reported that Amazon's Prime Day began in 2015 and is usually held in July. Last year, Amazon had to postpone Prime Day until mid-October, considering the uncertainty related to the epidemic and the pressure the epidemic has put on delivery and logistics capabilities. (E-commerce News)

8. Alibaba International Station launches a "no-disposable dedicated line" to go overseas to help merchants save logistics costs

      On June 2, Alibaba International Station’s cross-border supply chain launched the “no-selling dedicated line” for the first time to go overseas, and only charges based on the weight of the product. Data from Alibaba International Station shows that from January to May this year, the number of orders for the platform toy category increased by 185% year-on-year, and wholesale buyers increased by 235%. Toy products are called "selling" due to their large size but light weight, and high shipping costs have become a pain point for toy merchants. It is reported that the toy dedicated line launched by Alibaba International Station can save merchants 50% of logistics costs. In addition, the platform has joined hands with logistics ecological partners to launch a freight dedicated line that "cabinet security cabinets and cabinet transfers must be compensated". (Tianxia Online Business)

9. The merger and acquisition transaction between eBay and Adevinta was approved by the UK Fair Competition and Marketing Authority

      June 2 news, market news: The UK Fair Competition and Markets Authority agreed to the merger and acquisition deal between eBay and Adevinta. According to a deal reached last July, online classification information company Adevinta will acquire eBay's classification business for $9.2 billion. As part of the deal, eBay will receive $2.5 billion in cash and 540 million shares of Adevinta, which will give eBay a 44% stake in the company and 33.3% of the voting rights and two seats on the company’s board of directors. (Sina Technology)

10. Report: The serious work-related injury rate in Amazon warehouses is 80% higher than that of peers

      According to reports on June 2, a latest research report released by Strategic Organizing Center shows that the work-related injury rate of employees in warehouses of US e-commerce giant Amazon is higher than that of other competitors. Specifically, in 2020, an average of 5.9 people in every 100 employees in the Amazon FBA warehouse suffered serious work injuries, an increase of 80% higher than that of non-Amazon warehouses. The report also pointed out that in 2020, Amazon's overall work-related injury rate was 6.5 cases per 100 employees, which is twice that of Walmart, with Walmart having 3 cases of 100 people. It is reported that Amazon set a goal last year to reduce work-related accidents by half by 2025. This year, Amazon plans to invest $300 million in labor safety projects. (Sina Technology)

      As early as April this year, eBay stated that starting from April, it will send invitations to sellers to register and use management payment services in batches, and sellers are requested to pay attention to their eBay registration email address. Sellers who receive invitations need to complete registration in a timely manner to avoid any impact on their eBay business and eBay accounts.

      It is understood that eBay manages payment supports Apple Pay, Google Pay, PayPal, credit cards, etc. Through this feature, most eBay fees will be deducted directly from the sales payment and the seller does not need to pay separately. In addition, sellers can find all information related to eBay transactions and fees in the eBay seller section without the need for consolidated reports. (E-commerce News)