#Laogao E-commerce Newsletter# [E-commerce Evening News on June 16]

      Evening News : Alibaba Health released "New Insights in Tmall Health Trends in 2021"; JD 618: Free home-to-door refund service has helped users save more than 41 million yuan in freight; the online platform of the Dragon Boat Festival holiday processed 5.365 billion payment transactions; the cross-border e-commerce "WOOK" completed a C round of financing of hundreds of millions of yuan; Amazon waived the FBA liquidation fees of European countries such as Germany and Poland...

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

E-commerce newsletter

1. Alibaba Health released "2021 Tmall Health Trend New Insights"

      June 16th news, today, Alibaba Health Research Institute released the "2021 Tmall Health Trend New Insights" based on data from Tmall Pharmaceutical Center, decoding the current new trend of health consumption. Insights show that as of the end of May 2021, healthy consumption increased by 50% year-on-year. Insight points out that contemporary people in the workplace have common hair loss anxiety and sleep anxiety. The post-80s generation has entered the "war of anti-loss defense". In terms of the number of people who purchase anti-hair loss products, women are three times that of men; the sales of sleep products in 2021 increased by 220% year-on-year compared with 2020, of which 60% of sleep products were purchased by women. (E-commerce News)

2. JD.com 618: Free door-to-door refund service has saved users more than 41 million yuan in shipping costs

      JD.com cooperates with brand owners to launch a zero-yuan installation service for some air conditioners. New machines enjoy free installation fees, high-altitude operation fees, material fees and some special project fees for the first installation. This service helps each consumer save an average of 200 yuan. In terms of return and exchange, this year, JD.com has 618, and 84% of its own products can be exchanged instantly on-site, and now it can be replaced in as fast as 4 hours. (E-commerce News)

3. Berluti, a men's clothing brand under LVMH Group, has entered JD Luxury

      On June 16, Berluti, a French men's clothing brand under LVMH Group, officially settled in JD Luxury and opened its first online official flagship store in mainland China, providing all-round men's boutiques from ready-to-wear, leather goods, shoes, accessories to lifestyle supplies. Laurent Barrere, managing director of Berluti Asia Pacific and China, said that relying on JD.com's AI and big data technology, we hope to reach more consumers of different age groups and regions. It is reported that Berluti will also rely on JD.com technology to provide AR smart shoe trial services for classic shoes and provide VR virtual store guides. (E-commerce News)

4. Renren Video's affiliated companies have changed the industrial and commercial changes and added shareholders including Xiaomi, Kuaishou, etc.

      According to the news on June 16, Tianyan Check information showed that on June 15, the affiliated company of Renren Video Shanghai Zhongduomei Network Technology Co., Ltd. underwent industrial and commercial changes, with new shareholders Xiaomi Technology Co., Ltd., Beijing Kuaishou Technology Co., Ltd., etc. At the same time, the company's registered capital increased from about 2.263 million yuan to about 2.598 million yuan, an increase of about 14.8%. Shanghai Zhongduomei Network Technology Co., Ltd. was established in November 2014. The legal representative is Zhou Weimin. Its business scope includes computer network system engineering services, advertising design, agency, advertising production, advertising release, etc. (E-commerce News)

5. Realme announced that online sales of 618 promotions exceeded 1 million units

      June 16th news, today, smartphone brand realme announced that realme sold more than 1 million units during the 618 promotion. In addition, realme has also announced a number of single-item sales results, among which the cumulative sales of Realme GT Neo exceeds 500,000 units, and the cumulative sales of Realme Q3 series exceeds 400,000 units. On the day of 618's good start, realme won the top 2 sales of Android mobile phone brands on three major platforms: JD.com, Tmall and Suning.com, an increase of 35 times year-on-year. As of June 16, realme still ranked among the top 2 sales of 618 Android brands. (Yibang Power)

Internet news

6. The online payment transactions were processed by the online platform during the Dragon Boat Festival holiday.

      According to the news on June 16, it was learned from NetLink Clearing Co., Ltd. that during the Dragon Boat Festival holiday (June 12 to June 14), NetLink Platform handled a total of 5.365 billion cross-institutional online payment transactions of funds, with a total amount of 2.96 trillion yuan. The average daily transaction number and transaction amount increased by 28% and 51% respectively compared with the same period in 2020, and 92% and 89% respectively compared with the same period in 2019 before the epidemic. (Yibang Power)

Cross-border newsletter

7. Amazon exempts FBA liquidation fees from European countries such as Germany and Poland

      On June 16, Amazon Europe recently issued an announcement: In order to reduce the cost of warehousing fees for products with low sales rates and improve the utilization rate of warehouse space, Amazon will exempt FBA liquidation fees in Germany, Poland, the Czech Republic, France, Spain and Italy. The free trial period is September 7, 2021, but the exemption fee is not applicable to inventory stored in the UK. It is understood that Amazon previously announced that it will charge FBA liquidation fees starting from June 8, 2021. (E-commerce News)

8. Cross-border e-commerce "WOOK" completed C round of financing of hundreds of millions of yuan

      On June 16, the cross-border e-commerce "WOOK" announced that it would complete a C round of financing of hundreds of millions of yuan led by Yilian Capital and followed by Tiange Interactive. This round of financing will be mainly used for local infrastructure construction, expanding categories, and accelerating the layout of new countries and new markets. According to official reports, WOOK is based in the Southeast Asian market. In 2019, the company established a B2C e-commerce department to operate brand flagship stores on top e-commerce platforms in Southeast Asia such as shopee, lazada, JD, and tokopedia, and directly carry out online retail business. Currently, there are more than 50,000 registered stores on the WOOK APP, with more than 1,000 offline promotion teams, and branches cover all provinces/regions of Indonesia. (E-commerce News)

9. Latin American cross-border payment platform dLocal announced a cooperation with Amazon

      June 16th news, according to foreign media reports, Latin American cross-border payment platform dLocal said on Tuesday that it has reached a partnership with Amazon to facilitate international suppliers selling products on Amazon's Brazilian online market for the first time. It is understood that 13 of Amazon's 29 markets are currently in Latin America, including Amazon's existing partners in Chile. Michel Golffed, senior vice president of dLocal, said some international sellers have joined the Amazon market, and others will join the plans to launch gradually in the coming days. (E-commerce News)

10. EasyMaide and NAVER are expected to become eBay's new Korean owner

      According to Korean media reports, NAVER, a subsidiary of New World Group, is expected to become the new owner of eBay South Korea. At present, eBay has informed Yimaide and Naver of the official bidding results, but Yimaide has not yet issued an official position on this. If Yimaide and Naver finally acquire eBay South Korea, according to market share standards, it will defeat Coupang and occupy the huge market in the Korean e-commerce industry. It is understood that Yimaid, Rakuten Shopping, SK Telecom, and private equity fund MBKPartners have all participated in the preliminary bidding for the acquisition of e Bay South Korea, but only Yimaid and Rakuten Shopping have participated in the official bidding. (E-commerce News)