#Laogao E-commerce Newsletter# [E-commerce Evening News on June 17]

      Amazon seeks help from social media giants to crack down on false comments; Alibaba China Station: suspends the sale of drone-related products; Bytes' first-time financial situation in 2020: revenue of 236.6 billion yuan, operating loss of 14.7 billion yuan; Tmall: 456 new brands have won the top 1 in the 618 sub-sectors; JD.com has acquired 86 new offline stores in Beijing Huaguan Supermarket...

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

E-commerce newsletter

1. The total number of visitors exposed by WeMall 616 Retail Shopping Festival has reached 250 million.

      According to June 17, the second 616 WeMall Retail Shopping Festival was officially launched on the 10th. This time, WeMall 616 has built a creative pop-up store with the theme of "Trendy Planet Big Brand GO". Yesterday, stars such as Zheng Kai, Ding Zeren, Wang Yitai, Li Daben, Yan Rujing, and Ran Gaoming appeared in the WeMall "Trend Planet Live Night" live broadcast room for live broadcasting and selling goods. Data shows that the WeMall "Trend Planet" pop-up store attracted 30,000 trendy people to check in, and the WeMall "Trend Planet" live broadcast room was 600,000. The total number of visitors exposed by this WeMall Retail Shopping Festival reached 250 million. According to reports, consumers who check in to pop-up stores can directly place an order through the sun code in front of the product and complete the transaction conversion in the mini program mall. (E-commerce News)

2. Cookie: It is expected that more than 30,000 pickup points and pickup cabinets will be deployed overseas by the end of the year.

      On June 17, Bu Hua, the head of Cainiao Europe, said that Cainiao will promote the self-pickup model in Europe to provide more abundant services to local consumers. By March next year, Cainiao plans to deploy 2,000 sets of self-pickup cabinets in Spain and France to work with local partners to enhance the logistics experience of European consumers. It is expected that by the end of this year, Cainiao will deploy more than 30,000 pickup points and pickup cabinets in overseas areas. Spanish terminal delivery company VAMOX has reached a cooperation with Cainiao to provide "last mile" delivery service for 10-day delivery products of US$5. Cainiao said that in March, Cainiao's average daily cross-border parcels volume of Cainiao's global parcel network exceeded 5 million, continuing to rank among the top four in the world. It is expected that this year's "5 USD 10-day delivery" logistics products will cover 20 countries around the world. (E-commerce News)

3. JD.com has acquired 86 new offline stores in Beijing Huaguan Supermarket

      According to Tianyancha data, Beijing Huaguan Commercial Technology Development Co., Ltd. had a equity change in March this year and is currently 100% owned by JD's subsidiary Jiangsu Zhuoyu Information Technology Co., Ltd. It is understood that Huaguan Supermarket and JD signed an O2O strategic cooperation intention agreement in 2014, and at that time it cooperated with JD to open an online store "Huaguan Life Online". At present, JD.com has quickly added 86 new stores through its acquisition of Huaguan Supermarket. It is worth noting that JD.com also acquired Wuxing Electric Appliances in July last year. (E-commerce News)

4. Tmall: 456 new brands win the top 1 in 618 sub-industry

      According to the news on June 17, Tmall announced the sales ranking of 618 new brands. Based on the sales volume from June 1 to 15, 456 new brands won the Tmall 618 sub-industry TOP1. Among them, Suji Liangpin won the first place in soft-supporting underwear, with one single product selling more than 20,000 pieces per month; "Xiaolu Lanlan", a new brand of infant food under Three Squirrels, ranks first in the baby snack category, and a bean-soluble product selling more than 20,000 pieces per month. In the ranks of beverages, Jiang Xiaobai's new brand "Mei Jian", founded by Tang Huimin, former RIO e-commerce director, and "Missberry Berry Sweetheart", and "10:10" respectively won the first place in plum wine, fruit wine and soda. In addition, the new "beauty-like" brand Moody and BOP have become the first in Tmall 618 color pupils and oral cleaning agents; they have won the first in makeup remover oil category. (E-commerce News)

5. Alibaba China Station: Suspend the sale of drone-related products

      June 17th news, today, Alibaba China Station issued an announcement stating that according to government regulatory requirements, the sale of all crossover aircraft, aviation models with over-visual flight capabilities, ultra-small drones and other related products will be suspended from now until July 15, 2021. At the same time, it is prohibited to publish publicity and teaching information on related products and flight activities. (Yibang Power)

Internet news

6. Bytes' first-time financial situation in 2020: revenue of 236.6 billion yuan, operating loss of 14.7 billion yuan

      According to June 17, this morning, ByteDance CEO Liang Rubo disclosed the company's financial situation and latest business data for the first time at an internal meeting. It was disclosed that ByteDance's actual revenue in 2020 reached 236.6 billion yuan, an increase of 111% year-on-year, and operating losses reached 14.7 billion yuan. As of the end of 2020, ByteDance's products had 1.9 billion global monthly active users, covering more than 150 countries and regions around the world and supporting more than 35 languages. At present, ByteDance has offices in more than 30 countries including Asia, America, Europe, etc., with 110,000 formal employees worldwide. Liang Rubo said, "The company has become bigger and is entering a new stage. We hope to be more transparent and open to the inside and outside." (Yibang Power)

Cross-border newsletter

7. Walmart's Flipkart asked Indian court to revoke its antitrust investigation order

      According to reports, sources said that Walmart's Indian e-commerce platform Flipkart has filed a lawsuit against the Indian court's decision to restart the antitrust investigation, and Flipkart asked the court in southern Karnataka to revoke the antitrust supervisory agency's investigation order against the company. This week, media reported that antitrust regulators plan to speed up investigations into allegations of anti-competitive behavior by Amazon and Flipkart, while strengthening scrutiny of large tech companies. (Sina Technology)

8. Google's first retail store will open in New York this Thursday

      On June 17, Google recently published a blog saying that it will open its first retail store in New York this Thursday. Google said the retail store is located in the Chelsea fashion neighborhood of Manhattan and will be committed to promoting its consumer-grade hardware equipment, with multiple areas in the store and incorporate more social elements. It is understood that Google's first retail store has obtained the "Leader Platinum Level in Energy and Environmental Design" certification issued by the US Green Building Commission. Jason Rosenthal, Google's vice president of direct sales channels and membership business, did not give a positive answer to whether Google will open more retail stores. Considering the reasons for the epidemic, the company will limit the number of customers entering the store, and both store employees and customers must wear masks. (E-commerce News)

9. News says that the cross-border transfer and payment service platform Wise is planned to be listed in London

      According to foreign media reports, Wise, a cross-border transfer and payment service platform, is scheduled to be listed on the London Stock Exchange this week and at the latest this month. It is understood that Wise was founded in 2011 and was originally named Transferwise. It began to enter the Asian market at the end of last year. It has raised a total of US$1.3 billion in financing and the platform's valuation exceeds US$12 billion. In addition to providing its own services, Wise has also cooperated with traditional financial services companies and emerging fintech companies such as Monzo and GoCardless to set up 14 offices around the world, with a total of more than 2,400 employees. As the second largest instant transfer platform in the UK, Wise has been able to support currency transfers in more than 40 countries, with a total monthly transfer transfer processing of more than £5 billion worldwide. (E-commerce News)

10. Amazon seeks help from social media giants to crack down on false comments

      According to reports on June 17, it was reported that the online water army's positive reviews for false goods purchased have troubled Amazon. The company recently began to seek help from social media giants to curb the rampant false comments.

      Amazon posted yesterday that bad people are using US social media to buy or sell fake buyer reviews, which makes it more difficult for the company to crack down on fake reviews.

      According to reports, some naval forces use their social media accounts, while others hire third parties to infiltrate. They are using platforms outside Amazon to organize false comment activities to circumvent Amazon's supervision.

      Amazon said the company once marked accounts or groups related to false comments on social media, but the media platform was slow to delete, but the platform's response speed has improved recently.

      Amazon thanks social media for deleting accounts faster, but thinks they need to invest more resources to discover and delete posts about fake comment activity before Amazon reports.

      It is reported that in 2018, the British consumer rights organization "What" conducted an investigation on Facebook and found several groups about "reward-looking false comments", involving tens of thousands of members. Members are asked to give positive reviews after Amazon purchases, and will then return cash via PayPal.

      Regulators from various countries have noticed false comments on Facebook's platform. Last year, the UK's Competition Markets Agency said Facebook promised to improve on discovering, investigating and deleting false comment groups. The bureau's subsequent investigation found that Facebook deleted 16,000 groups that made false comments.

      Facebook has said it prohibits activities about false comments, and has also discovered and deleted content through manual and algorithmic means. Amazon also said last year that the company had deleted more than 200 million suspected false positive reviews in advance before consumers saw it. (E-commerce News)