#Laogao E-commerce Newsletter# [June 9 E-commerce Morning Newsletter]

      Morning News : QQ red envelope sending function has supported WeChat payment; Dingdong Maicai submitted an IPO prospectus to the US SEC: a temporary fundraising of US$100 million; JD Fresh’s “10+10” plan was released to upgrade its quality control services; Vipshop was sued for arrears of advertising fees and was sentenced to pay more than 17 million yuan in compensation; the one-stop cross-border seller logistics service platform "Cross-border Good Luck" received hundreds of millions of yuan in Series A financing...

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

E-commerce newsletter

1. Antarctic e-commerce: The company's sales channels are mainly in Alibaba, JD.com, Pinduoduo, etc.

      On June 8, an investor asked Antarctic E-commerce, is Antarctic E-commerce mainly sold on JD or Taobao? It is understood that Antarctic E-Commerce's 2020 annual report previously released showed that during the reporting period, the company's GMV that can be counted in various e-commerce channels reached 40.209 billion yuan, a year-on-year increase of 31.58%. Among them, Alibaba's channel GMV was 22.8 billion yuan, accounting for the highest proportion, reaching 56.69%, a year-on-year increase of 12.20%; Pinduoduo's channel GMV grew the fastest, with a year-on-year increase of 121.98%, reaching 8.8 billion yuan. In addition, JD.com's channel GMV was 5.792 billion yuan, a year-on-year increase of 23.72%; Vipshop's channel GMV was 2.22 billion yuan, a year-on-year increase of 53.68%. (E-commerce News)

2. Dingdong Maicai submitted an IPO prospectus to the US SEC: tentatively raise US$100 million

      On June 9, Dingdong Maicai submitted an IPO (initial public offering) listing application documents to the US Securities and Exchange Commission (SEC) today. The prospectus shows that Dingdong Maicai plans to be listed on the New York Stock Exchange, and Morgan Stanley (MS.N), Bank of America, Credit Suisse, etc. are all IPO underwriters, with the stock code "DDL", and the tentative maximum fundraising amount used as a "placeholder" is US$100 million, but this number has no practical significance. (Titanium Media)

3. The QQ red envelope sending function has supported WeChat payment

      According to the news on June 8, according to the Mobile Payment Network, QQ recently updated the V8.8.0 version and added the function of sending red envelopes using WeChat Pay. After clicking to use WeChat Pay, jump to the payment page of the WeChat App, and then return to QQ after the payment is completed. It is reported that QQ can send red envelopes with WeChat Pay without binding a bank card and not completing real-name authentication. At the same time, some basic payment functions of QQ have also added WeChat payment functions, such as the activation of super members. (Yibang Power)

4. Alipay discloses the invention patent of "the shopping settlement method of unmanned supermarkets"

      According to news on June 8, Tianyan Check information shows that Alipay Information Technology Co., Ltd. today disclosed an invention patent information called "Shopping settlement methods, devices and electronic equipment in unmanned supermarkets". The application disclosure number CN112927421A is, and the application date is January 2021. (E-commerce News)

Cross-border newsletter

5. Amazon plans to invest 2.5 billion euros in Spain's new data center

      On June 9, Amazon said on Monday it plans to invest 2.5 billion euros in new data centers in Aragon, northern Spain. Amazon said that AWS will invest this fund in 10 years, including capital expenditure, data center construction costs, equipment imports and operating costs, such as the salary that AWS will pay for hiring 1,300 employees here. Tencent has previously announced that it will add four new cloud data centers in Bangkok, Thailand, Frankfurt, Germany, Hong Kong, China and Tokyo, Japan. In the past three years, Alibaba Cloud has grown rapidly in the overseas market, and its market size has increased by more than 10 times in three years. (E-commerce News)

6. One-stop cross-border seller logistics service platform "Cross-border Good Luck" received hundreds of millions of yuan in Series A financing

      June 8th news, according to 36Kr, recently, the one-stop cross-border seller logistics service platform "Cross-border Good Luck" received a round A financing of hundreds of millions of yuan, and was jointly invested by Pavilion Fund, a subsidiary of Temasek Investment, a world-renowned investment institution, and old shareholders. This round of financing will be mainly used to further enrich scientific and technological R&D resources, improve product R&D capabilities, and provide small and medium-sized cross-border e-commerce sellers with more cross-border freight route choices, and improve decision-making and logistics efficiency. (E-commerce News)

7. Cross-border Good Luck received hundreds of millions of yuan in Series A financing, jointly invested by Pavilion Fund, a subsidiary of Temasek Investment, and old shareholders.

      June 8 news, recently, "Cross-border Good Luck" disclosed for the first time, receiving a round A financing of hundreds of millions of yuan, and was jointly invested by Pavilion Fund, a subsidiary of Temasek Investment, a world-renowned investment institution, and old shareholders. It is reported that this round of financing will be mainly used to further enrich scientific and technological R&D resources and improve product R&D capabilities. Official information shows that Cross-border Good Luck is a one-stop cross-border seller logistics service platform, affiliated to Du Hao Luck (Shenzhen) Technology Co., Ltd. At present, more than 1,000 service providers have entered the platform and served nearly 36,000 small and medium-sized cross-border e-commerce sellers. (Yibang Power)

8. Dunhuang.com adjusts some businesses during the Dragon Boat Festival in 2021

      According to June 8, Dunhuang.com today issued a notice on some business adjustments during the Dragon Boat Festival in 2021 (June 12-June 14). Dunhuang.com said that if the original shipment is from June 12 to June 14, 2021, it will automatically be postponed to June 15, 2021. At the same time, due to the adjustment of bank business processing time, settlement of US dollars and RMB will be suspended from June 12 to June 14, 2021, and will return to normal from June 15, 2021. In addition, during the Dragon Boat Festival holiday, online customer service will still serve 15 hours (9:00-24:00). During the Dragon Boat Festival holiday, product review services will be carried out normally, dispute cases will be handled normally, and some cases will be handled delayed. If there is any need for help, sellers can log in to the seller's backend and use online customer service or online message service. (Yibang Power)

Internet news

9. Vipshop was sued for arrears of advertising fees and was sentenced to over 17 million yuan in compensation

      According to the news on June 8, Tianyan Check data shows that recently, the first-instance civil judgment of the contract dispute between Tianjin Zifeng Culture Media Co., Ltd. and Guangzhou Vipshop E-Commerce Co., Ltd. was announced. The case number is Guangdong 0103 Minchu No. 1719, and was heard by the Liwan District People's Court of Guangzhou City, Guangdong Province. Final judgment result: The defendant Guangzhou Vipshop E-Commerce Co., Ltd. will pay the plaintiff Tianjin Zifeng Culture Media Co., Ltd. an advertising service fee of RMB 17.64 million and liquidated damages within ten days from the date of the legal effect of this judgment. (Yibang Power)

10. JD Fresh’s “10+10” plan is released to upgrade quality control services

      On June 8, JD.com's fresh food quality control service announced a comprehensive upgrade and launched the "10+10" plan, with a total of 20 measures from quality to experience. The specific "10+10" plan is divided into 10 quality plans and 10 service upgrades. The 10 quality plans include: fresh food traceability, fresh food rapid inspection laboratory, sensory acceptance standards, source on-site, three-party sensory inspection, mysterious sampling inspection, flight inspection, warehouse acceptance, in-store inspection, industrial belt, and protection. The 10 major service upgrades include: pre-sales shopping guide, full-process cold chain, appointment delivery, delayed delivery subsidy, delayed delivery subsidy, high-priced compensation, good-quality compensation, chemo freeze subsidy, full weight, and worry-free period. (E-commerce News)