#Laogao E-commerce Newsletter# [E-commerce Evening News on June 18]

      It is said that eBay will sell its Korean business for US$3.1 billion; Vipshop has established a new cross-border e-commerce company for business scope including new energy vehicle sales; Tianyan Check data: There are 114,000 pharmaceutical e-commerce-related companies in my country; JD 618 has accumulated orders of 305.6 billion yuan; China UnionPay: Yunflash Payment has supported 160 banks with credit cards with 0 handling fees...

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

E-commerce newsletter

1. China UnionPay: Yunflash Payment has supported 0 handling fee repayment of 160 banks on credit cards

      According to news on June 18, it was learned from China UnionPay that recently, Yunflash Payment has supported "0 handling fee for credit card repayment", and has supported more than 150 banks to check credit card bills in real time. Since its launch, the Cloud Flash Pay APP has provided cardholders with one-stop financial services such as integrated transfer, zero-fee repayment, and credit, integrating diversified payment methods such as QR codes and mobile flash payments, and continuously integrating new functions. Focusing on the core services of bank cards, Yunfangfu has launched a "bank application". Now the number of bank applications has reached 85. Users only need to use the "bank application" in the Yunfangfu APP to handle banking business online and enjoy "one-stop" financial services. (E-commerce News)

2. JD.com's 2018-2020 CSR report: This year's 618 carbon emission target fell by 5% year-on-year

      On June 18, JD.com Group released the "2018-2020 Sustainable Development Report" today, systematically disclosing JD.com's initiatives and phased achievements in the field of sustainable development from 2018 to 2020. JD.com made it clear that this year, JD.com's carbon emission target for 618 will drop by 5% year-on-year, and will promote the realization of carbon reduction targets through rich and comprehensive measures. According to reports, JD.com has promoted the digital transformation of China's manufacturing industry through its layout of C2M (reverse customization). Currently, JD.com has cooperated with more than 1,000 brands in C2M, covering more than 900 categories; JD.com Logistics has launched integrated supply chain solutions and logistics technology solutions to promote the comprehensive cost reduction and efficiency improvement of the logistics industry. As of the end of 2020, JD.com Logistics had a total warehousing area of ​​about 21 million square meters, and it has owned and is currently applying for more than 2,500 patents and copyrights related to automation and unmanned technology. (E-commerce News)

3. The cumulative order amount of JD 618 has reached 305.6 billion yuan

      On June 18, JD.com announced the sales data of "JD.com 618, 18th Anniversary" in 2021: From 0:00 on June 1 to 14:04 on June 18, the cumulative order amount of JD.com 618 has reached 305.6 billion yuan. It is reported that the 618 battle report released by JD.com in the early morning of this day showed that in the opening 3 minutes of the 618 day, the overall transaction volume of JD.com supermarket increased by more than 10 times year-on-year. The transaction volume of dry goods and food broke through 300 million in the opening 2 minutes, and the transaction volume of maternal and infant categories broke through 200 million in the opening 2 minutes; the total transaction volume of alcohol exceeded 200 million in 5 minutes. In the first 10 minutes, the number of transactions in JD.com's payments increased by more than 100% year-on-year. (E-commerce News)

4. Tianyan Check data: There are 114,000 pharmaceutical e-commerce-related companies in my country

      According to reports on June 18, Tianyan Check data shows that there are currently 114,000 related companies in my country's pharmaceutical e-commerce, 1,464 financing events and 134 patents, among which financing and patents rank first among e-commerce in various industries. From 2011 to 2020, the number of pharmaceutical e-commerce companies expanded by 17.3 times. According to the "2020 China Pharmaceutical E-commerce Market Data Report", the transaction scale of pharmaceutical e-commerce reached 187.64 billion yuan in 2020, an increase of 94.58% year-on-year. It is worth mentioning that this year at 618, Baidu Health launched the "Family Health Festival" and invested 1 billion yuan in subsidies to join the 618 e-commerce promotion. (E-commerce News)

5. Taobao was stolen by online crawlers for more than 1.18 billion user information

      According to June 18, a criminal judgment recently published by the Suiyang District People's Court of Shangqiu City showed that two college students in Shangqiu City, Henan Province crawled Taobao for eight months and stole more than 1.18 billion pieces of user information, including user IDs, phone numbers and consumer comments. The two have been arrested and sentenced. In response, Alibaba said that the company took the initiative to discover and deal with the incident, was working with law enforcement agencies to protect users, and said that no user information was sold to third parties and no economic losses were caused. It is worth noting that in May 2019, Alibaba's mother discovered that some Taobao customers crawled Taobao shopping carts, favorites, etc. without authorization on the wireless app and viciously promoted Taobao customers' promotions, and named 43 apps that steal information in violation of regulations. (Yibang Power)

Internet news

6. News says Zhu Haizhou, the head of Byte Hammer, resigns and joins OPPO

      According to Tech Planet, Zhu Haizhou, the product manager of ByteDance's Xinshi Laboratory, recently resigned and will join OPPO's OnePlus in the next step. Zhu Haizhou himself has confirmed the news and mentioned that he will go to OnePlus to be responsible for the development of software products. It is understood that in January 2021, Byte announced that Xinshi Laboratory, formed by the original Hammer Technology team, will be incorporated into the educational hardware team led by Yang Luyu, the original founder of Musical.ly. (Yibang Power)

Cross-border newsletter

7. Vipshop established a new cross-border e-commerce company business scope including new energy vehicle sales

      According to news on June 18, Tianyan Check information shows that on June 17, Wenzhou Vipshop Cross-border E-commerce Co., Ltd. was established with a registered capital of 1 million yuan. The legal representative is Sun Qiwei. The business scope includes Internet sales, supply chain management services, new energy vehicle sales, etc. Shareholder information shows that the company is 100% owned by Vipshop (China) Co., Ltd. (Sina Technology)

8. It is said that eBay will sell its Korean business for US$3.1 billion

      According to the Financial Times, Ebay will sell its South Korean business to a consortium led by NAVER for US$3.1 billion. Recently, South Korean media reported that NAVER, a subsidiary of New World Group, is expected to become the new owner of eBay South Korea, and eBay has informed Yimaide and Naver of the official bidding results. (E-commerce News)

9. Airwallex Air Cloud and SHOPLAZZA cooperate to launch a one-stop fund collection and payment solution

      June 18th news, recently, the global financial technology company Airwallex Air Cloud Hui cooperated with independent station SaaS platform store SHOPLAZZA to launch a one-stop fund collection and payment solution for overseas e-commerce to assist the DTC (Direct To Consumer) brand to go overseas and expand its global business. In this cooperation, Airwallex Air Cloud Hui will help Dianjiang SHOPLAZZA's overseas merchants optimize full-link payment solutions, solve online payment problems, and provide one-stop services that adapt to the global market. It is understood that Airwallex Air Cloud Exchange is a cross-border payment collection platform that supports merchants in countries and regions such as Hong Kong, Europe, and the United Kingdom to receive online payments from buyers around the world. At the same time, Airwallex Air Cloud Support supports mainstream electronic wallet collection in Hong Kong, South Korea and Southeast Asia, including WeChat International, Alipay International, Kakao Pay, GCash. (E-commerce News)

10. Smartme Analytics: AliExpress becomes the most popular shopping software in Spain

      According to June 18, recently, the authoritative analysis company Smartme Analytics released the Spanish Shopping APP analysis report for the first quarter of 2021.

      The report shows that AliExpress has surpassed Amazon with a market share of 58.1% with a market share of 62.5%, becoming the most popular shopping software in Spain. At the same time, the 7.8% increase also makes AliExpress the fastest-growing shopping software in market share. On the list, the third place is the Spanish local second-hand trading platform Wallapop, while eBay ranks ninth with a market share of 9.7%.

      In the more detailed list, we can see that Xiaomi Mall MI STORE ranked 14th with a market share of 3.9%, while Alibaba Shopping website ranked 21st with a market share of 2.8%.

      It is understood that Alibaba AliExpress was founded in 2010 and is China's largest cross-border retail e-commerce platform. It has currently opened sites in 18 languages, covering more than 200 countries and regions around the world. In the last fiscal year, AliExpress's market grew rapidly in developed countries in Western Europe. Platform data shows that the GMV and orders in Spain and France have both increased by triple digits year-on-year, and categories such as fashion, home, sports, and maternal and infant have doubled. (E-commerce News)