#Laogao E-commerce Newsletter# [E-commerce Morning Newsletter on June 15]

      Morning News : JD.com and Walmart launch a new plan to create a new new product marketing model; Suning.com: It is expected to reduce its holdings of the company's shares by no more than 4.12% in the next 6 months; Prime Day: Supporting promotions for small business brands; Cross-border Connect: shareholder Xu Jiadong has passively reduced his holdings of 2.35% of his shares; Ctrip report: More than 50% of users choose to travel around the Dragon Boat Festival to 2 hours of travel...

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

E-commerce newsletter

1. JD.com and Walmart launch new plan to create new product marketing model

      According to reports on June 13, during JD.com, JD.com and Walmart announced the launch of Jingwo’s new plan. On the same day, the first omni-channel marketing new product of Jingwo’s new plan - the October Rice Field and Rural Love IP co-branded series of products, was also officially launched online and offline on JD.com and Walmart and released simultaneously. It is reported that Jingwo New Plan is a new new product marketing model created by JD.com and Walmart through "JD + Brand + Supermarket". Through the new global new product marketing model, it helps brand new products grow rapidly. (E-commerce News)

2. Suning.com: It is expected to reduce its holdings of the company's shares by no more than 4.12% in the next 6 months

      According to reports on June 15, Suning.com announced that Suning Appliance Group passively reduced its holdings by 10 million shares on June 11 due to the agreement on the relevant terms of the pledge-type repurchase transactions in some stocks, and it is expected that it may reduce its holdings by no more than 4.12% of the company's shares in the next six months. (Yibang Power)

3. Dingdong Maicai Liang Changlin holds 30.3% of the shares and has 30% of the voting rights

      According to June 13, Dingdong Maicai recently submitted an IPO listing application document to the US Securities and Exchange Commission. The prospectus shows that Dingdong Maicai plans to be listed on the New York Stock Exchange, and Morgan Stanley, Bank of America, Credit Suisse, etc. are all IPO underwriters, with the stock code "DDL". Before the IPO, Liang Changlin, founder, CEO and director of the company, actually held 105,502,250 common shares, with a shareholding ratio of 30.3% and 30.3% of the total voting rights. (E-commerce News)

4. During the 618 period, Intime Department Store added a new "door-to-door return" service

      On June 13, Intime Department Store officially launched the "door-to-door return" service. After customers place orders and shop through the Miaojie APP "Cloud Shopping", if they buy products they don't like, they can enjoy the door-to-door pickup return service. (Yibang Power)

Cross-border newsletter

5. Prime Day: Promotions that support small business brands

      According to June 13, Amazon will launch a promotion from June 7 to June 20, 2021, and buyers have the opportunity to receive a consumer allowance for Prime Day in 2021.

      The original text of the announcement is as follows:

      To help small businesses succeed, Amazon has been developing investment in small businesses as a basic task, and we also know that many buyers are actively promoting Amazon’s investment in supporting small businesses in their respective communities.

      Prime members who spend more than 1,000 yen on qualified small business brand products will receive a promotional allowance of 1,000 yen from Amazon. During Prime membership day, use this allowance to purchase all merchandise provided by the company, with no limit on the scale.

      If you have items that have been added to this promotion, you will receive an email on June 7th, through the links in it to view items that meet the promotion. (Yibang Power)

6. Cross-border Connect: Shareholder Xu Jiadong has passively reduced his holdings of 2.35% of his shares

      On June 15, *ST Cross-border (002640.SZ) announced that recently, the company received a "Notice on the Implementation of the Passive Reduction Plan". As of the date of the announcement, the implementation period of the passive Reduction Plan disclosed by shareholder Xu Jiadong on December 12, 2020 has expired, with a reduction of 36.6695.09 million shares, and a reduction ratio of 2.35%. (Yibang Power)

In July and May, 1,357 China-Europe freight trains were launched to increase by 31% year-on-year

      According to June 12, in May, 1,357 China-Europe freight trains were launched and 131,000 standard containers of goods were transported, an increase of 31% and 40% year-on-year, with a comprehensive heavy-box rate of 99%. As of the end of May 2021, the China-Europe freight train has been launched in a total of nearly 40,000 trains, transporting about 3.55 million standard boxes of goods, reaching more than 160 cities in 22 European countries. (E-commerce News)

Internet news

8. The pharmaceutical Internet platform "Pharmacies Gang" completes a new round of financing of US$270 million

      36Kr learned that the pharmaceutical Internet platform "Pharmaci Bang" recently completed a new round of financing of US$270 million, and the participation of this round of financing includes Zhujiang Investment, Baidu, Sunshine Insurance, Songhe Capital, Guangzhou Fund and a national sovereign fund. This round of financing will be mainly used for the technological upgrade of the entire process of fulfillment of contracts, the iteration and construction of digital marketing systems for out-of-market markets of pharmaceutical companies, and the construction of data sharing platforms for professional service scenarios of pharmacies and clinics. (36Kr)

9. Ctrip report: More than 50% of users choose to travel around the Dragon Boat Festival to 2 hours of travel.

      According to the news on June 15, Ctrip released the "2021 Dragon Boat Festival Holiday Travel Big Data Report" today, compared with the May Day Golden Week, surrounding tours have become more than half of tourists' choices during the Dragon Boat Festival holiday. "Post-80s, post-90s, and post-00s" are still the main force of tourism. Due to the restrictions on the Dragon Boat Festival holiday, high-speed rail travel has become a popular choice for travel around the country. Shanghai, Beijing, Hangzhou, Chengdu, Nanjing, Chongqing, Changsha, Wuhan, Xi'an and Qingdao have become the top ten popular cities in the country for high-speed rail arrivals. Judging from the popular routes during the holidays, tourists do not go far during the Dragon Boat Festival, and the average one-way duration of passengers' high-speed rail tours is 2 hours and 13 minutes, with an average travel radius of 338 kilometers. (Yibang Power)

10. Lighthouse Professional Edition: The total box office of Dragon Boat Festival in 2021 exceeded 460 million

      According to the data from Lighthouse Professional Edition, as of 21:30 p.m. on June 14, the total box office of the Dragon Boat Festival in 2021 exceeded 460 million, with a total number of 12.836 million visitors and a total number of 1.308 million. A new record for the Dragon Boat Festival in Chinese film history. The top three movies at the box office during the period are "Beyond", "Betat 2: Escape Plan" and "The Tropical Past". (E-commerce News)