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#Laogao E-commerce Newsletter# [E-commerce Morning News on June 24]

2021-06-24

      Taobao live broadcast publishes 618 list of institutions, bases and service providers; Anker 618 battle report: Tmall store sales increased by 308% year-on-year; Dingdang Express Pharmaceutical submitted an application for listing to the Hong Kong Stock Exchange, the founder is Renhe Group BOSS; Amazon hotel category is very popular and sales in European stations increased by 3 times year-on-year; news said that the daily sales of Fast Fashion Cross-border E-commerce SHEIN exceeded US$70 million...



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E-commerce newsletter


1. Taobao live broadcast publishing agency, base, and service provider list 618

      Taobao Live launched the "Taobao Live Institution Ranking", "Taobao Live Base Ranking", and "Taobao Live Merchants Live Service Providers General List and Industry List" during Tmall 618 in 2021; a total of 9 lists are included, and the data statistics cycle is from June 1, 2021 to June 20, 2021.

      Among the live broadcast agency list, Qianxun, Meiba and Chenfan ranked in the top three.

      Among the live broadcast merchant live service provider list, Tianzi Live, Jasmine Media and Goumei ranked in the top three.

      In the live broadcast base list, Qianpin Supply Chain, Qihao and Li Xiangjia ranked in the top three. (E-commerce News)


2. Anker 618 Battle Report: Tmall store sales increased by 308% year-on-year

      On June 23, Anker Charger ranked first in the sales list of third-party charger brands in Tmall and JD.com, and the top 2 in the sales rankings of Tmall 618 mobile phone charger brands. Sales of Tmall Anker Digital flagship store increased by 308% year-on-year, exceeding the entire day of last year in 34 minutes. Anker's self-operated flagship store sales increased by 213% year-on-year, exceeding the entire day of last year in 40 minutes. (Yibang Power)


3. Xianfeng Fruit Mini Program 618 Battle Report: GMV increased by 133% year-on-year

      According to the official account of Smart Retail Observation, the GMV of Xianfeng Fruit Preferred Mini Program 618 activity increased by 133% year-on-year, and the mini program home delivery business increased by 145% year-on-year. (Yibang Power)


4. Dingdang Express Pharmaceutical submitted a listing application to the Hong Kong Stock Exchange. The founder is Renhe Group BOSS

      On June 23, Dingdang Health Technology Group Co., Ltd., a subsidiary of Dingdang Express Pharmaceutical, submitted an application for listing to the Hong Kong Stock Exchange. According to the prospectus, CICC and China Merchants Bank International are joint sponsors. If successfully listed, Dingdang Express Pharmaceutical will become another Internet health listed company after 1Pharma Network, Alibaba Health, Ping An Health and JD Health. (E-commerce News)


Cross-border newsletter


5. Amazon hotel category is very popular. European station sales have increased by 3 times year-on-year.

      6月23日消息,亚马逊企业购数据显示,酒店花园常用的户外遮阳帽订单增幅显著增长,欧洲站的销量更是比往年同期增长3倍。数据显示,酒店用品市场正以约8%的复合年增长率增长,预计到2022年将至近58,910 亿美元。据预测,从2019到2023年,全球布草类用品市场规模将达375.9亿美元,年复合增长率也将达到7.17%。

      In addition, the popularity of bathroom accessories in hotel categories remains high. By 2024, the global sanitary ware accessories market will grow at a CAGR of 5.63 billion USD with a compound annual growth rate of 5%.

      It is worth mentioning that from 2020 to 2024, the size of the global tableware market has also increased sharply with an annual compound growth rate of 6%, and will grow to US$60.4 billion in 2025.

      Amazon mentioned that in recent years, the trend of purchasing hotel supplies online has become increasingly obvious. 91% of buyers said that they prefer online procurement compared to traditional and offline procurement methods; even if the impact of the epidemic gradually decreases, 96% of corporate buyers expressed their willingness to continue online procurement.

      In addition, corporate buyers mainly value the decisions of purchasing hotel categories: reputable brands and stable quality. High cost performance and simple appearance design are often within their considerations. For example: considering the total cost of water consumption and other things, hotel buyers prefer easy-to-wash products when purchasing toiletries.

      With consumers' pursuit of environmentally friendly, green and personalized smart hotel spaces, in the future, corporate buyers will also develop towards sustainable, personalized and intelligent when purchasing.

      以花园家具品类为例,亚马逊指出,其销量近年来保持显著增长,深受酒店类企业买家欢迎。花园家具套装的平均单价高,复购率高,随之而来的利润也更大。为了满足多人聚会使用的需求,建议卖家搭配2座或6座沙发/椅子及靠垫销售。同时,建议卖家在产品页面强调产品的防褪色、防雨性能、轻便性、安全性和舒适性。(电商报)


6. Cross-border Connect: Xu Jiadong, a shareholder holding more than 5% of the shares, has voluntarily reduced his holdings of the company's shares by more than 1% in total.

      On June 23, Cross-border Tongbao E-Commerce Co., Ltd. (hereinafter referred to as Cross-border Tong or Company) issued an announcement on the evening of June 23 that shareholders passively reduce their holdings of Cross-border Tongbao E-Commerce Co., Ltd.'s shares by more than 1% (hereinafter referred to as the announcement).

      The announcement shows that Xu Jiadong, a shareholder who holds more than 5% of the company, passively reduced his holdings of the company's A-share shares through centralized trading and bulk trading methods on the stock exchange, with a reduction ratio of 1.09%.

After this change, Xu Jiadong, a shareholder holding more than 5% of the company, holds a total of 140,981,861 shares, accounting for 9.05% of the total share capital.

      The announcement also showed that the company disclosed the "Announcement on the Risk of Passive Reduction of Shareholders with More than 5% of the Shareholders" (Announcement No.: 2020-113) on December 12, 2020. Due to debt disputes, the shares under his personal name are at risk of being passively reduced by judicial enforcement and enforcement of equity pledge agreements. Within any consecutive 90 days, the reduction of holdings shall not exceed 1% of the company's total share capital through centralized bidding, and the reduction of holdings shall not exceed 2% of the company's total share capital through bulk transactions. On June 15, 2021, the company disclosed the "Announcement on the expiration of the passive reduction plan for shareholders holding more than 5% of the shares and the completion of implementation" (Announcement No.: 2021-083). On May 22, 2021, the company disclosed the "Announcement on the Pre-Disclosure of Shareholders with Passive Reduction of Shareholders with More than 5% of the Shareholders" (Announcement No.: 2021-064). Due to debt disputes, the shares under his personal name are at risk of being passively reduced by judicial enforcement and enforcement of equity pledge agreements. Within three months from June 14, 2021, the passive reduction of shares is not more than 3% of the company's total share capital. (E-commerce News)


7. News says Fast Fashion Cross-border E-commerce SHEIN daily sales exceed US$70 million

      According to the report on June 23, according to LatePost, in June this year, the daily parcel volume of Chinese fast fashion brand SHEIN stabilized at more than 1 million orders, with an average customer unit price of US$70. Based on this calculation, SHEIN's daily sales exceeds $70 million, and its sales are expected to exceed $2 billion throughout the month. In the first quarter of this year, SHEIN's average monthly sales were US$1.2 billion. According to people familiar with the matter, SHEIN set a goal in early 2020, and plans to exceed fast fashion giant ZARA's sales in less than two years, "to prove that online is more competitive than offline." It is understood that SHEIN was established in 2008 and mainly engaged in cross-border women's clothing e-commerce. (E-commerce News)


8. Dunhuang.com adds new intellectual property protection for brands such as INVICTA and Pop It

      According to the news on June 23, Dunhuang.com announced that recently, the platform has received relevant complaints from relevant brands, and some of the products sold by sellers are involved in infringing on the relevant intellectual property rights of brands such as INVICTA, RING SNUGGIES, Pop It and other brands. Sellers are requested to conduct self-check the store’s product information. If you do not authorize, please delete the relevant products immediately. The announcement shows that if during the monitoring or review process, if there is any infringement problem with the seller's account, the platform will punish it according to the relevant rules of "Punishment of Violations of Ban and Restriction of Intellectual Property Rights". If the violation is serious, the platform will directly impose a penalty for closing the account. (E-commerce News)


Internet news


9. Kuaishou and CCTV officially reach strategic cooperation on short video broadcasts for Tokyo Olympics and Beijing Winter Olympics

      June 24th news, yesterday, Kuaishou and China Central Radio and Television held a joint press conference in Beijing, announcing that the two sides reached a strategic cooperation on broadcasting short videos for the 2020 Tokyo Olympics and the 2022 Beijing Winter Olympics event. Kuaishou officially became the right-holding broadcaster for the 2020 Tokyo Olympics and the 2022 Beijing Winter Olympics. It is reported that at the press conference, Su Hua revealed: "Kuaishou's global monthly active users reached 1 billion." (E-commerce News)


10. Xiaopeng Motors passed the hearing of listing on the Hong Kong Stock Exchange. Taobao holds 11.9% of its shares

      According to the news on June 24, the official website of the Hong Kong Stock Exchange showed that Xiaopeng Motors has passed the hearing on the main board of the Hong Kong Stock Exchange. The prospectus shows that Xiaopeng Motors' joint sponsors are JPMorgan Chase and Bank of America Securities, and plans to issue 80.75 million shares. In terms of shareholders, the prospectus shows that He Xiaopeng, co-founder, chairman and CEO of Xiaopeng Motors and his affiliated companies are the controlling shareholders of Xiaopeng Motors, holding 21.75% of the shares; Taobao China holds 11.9% of the shares, and IDG Capital holds 4.8% of the shares. (E-commerce News)



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