#Laogao E-commerce Newsletter# [E-commerce Evening News on June 29]

      The EU launched the fourth survey on Google: YouTube has become the focus; Japanese media: eStream will sell animation character figures through WeChat and Taobao; Douyin live broadcast focuses on inducing minor users to recharge and reward violations; Pianzihuang is being rushed to: offline outages and online prices doubled; the number of daily active users reached 635 million during this year's "618" period...

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

E-commerce newsletter

1. QuestMobile: The daily active users reached 635 million during this year's "618" period

      On June 29, QuestMobile released the 618 e-commerce market insight report. The report shows that during this year's "618" period, the number of users continued to grow, with the maximum daily active users reaching 635 million. Among them, the number of users in the first wave of promotion period (a good start) increased by up to 12.4% year-on-year. In addition, the peak of traffic users on major e-commerce platforms also has obvious differences. The peak of users of JD.com and Tmall was 153.8 million and 7.35 million on June 18; Taobao and Suning.com were pre-ordered to June 1, with daily active users of 395.08 million and 7.9 million respectively; Vipshop reached its peak of 21.11 million on June 15; due to its marketing strategy, the overall scale fluctuation during the "618" period was relatively flat. (E-commerce News)

2. Pianzihuang is being snatched: offline out of stocks and online prices double

      According to Caixin.com, Pianzihuang's products have been hotly scrambled recently. On June 27, the reporter visited several offline stores in Beijing selling Pianzihuang. The product was out of stock and the replenishment time was uncertain. Through online channels, the price of Pianzihuang has doubled. Among them, Pianzihuang's Tmall flagship store is no longer available, with monthly sales exceeding 20,000. The official price of Pianzihuang is 590 yuan/pill, and the lowest price of JD.com is 1,100 yuan/pill, and there are even 1,598 yuan/pill and 1,848 yuan/pill. It is understood that the main effects of Pianzihuang are liver protection and inflammation. Regarding the phenomenon of out-of-stock price increase, Pianzihuang Company recently responded that the company has reported to relevant departments to further increase supervision and investigation and punishment, and has taken a series of measures to stabilize prices and ensure supply. (E-commerce News)

3. Douyin Live focuses on the governance of illegal acts of inducing minor users to recharge and reward

      On June 29, Douyin announced today that in order to strengthen the positive guidance of minors and protect the rights and interests of minor groups, Douyin Live will carry out key governance of the violation of "inducing minor users to recharge and reward" from now on, and further increase the handling of the behavior of inducing minor users to recharge and reward. For users who violate the rules, corresponding penalties will be given depending on the severity of the circumstances. If the circumstances are serious, their account will be permanently banned. (E-commerce News)

4. The clothing tail goods platform trading service provider "Ku Wuyou" received tens of millions of yuan in Pre-A round of financing

      On June 29, according to 36Kr, recently, the clothing tail goods platform trading service provider "Kuwuyou" completed a Pre-A round of financing of tens of millions of yuan, and the investor was Yecao Venture Capital. This round of financing will mainly be supplemented by algorithm team personnel and product research and development. It is understood that the "Kuwuyou" online trading service platform mini program was officially launched on January 11, 2021. The current GMV has exceeded 30 million, and there are more than 3,000 trading service providers in the final goods industry. (E-commerce News)

5. Japanese media: eStream will sell animation characters through WeChat and Taobao

      According to Nikkei Chinese, eStream, a subsidiary of Japan's Cyber ​​Agent Group, has entered the Chinese market, which is engaged in the planning and sales of animation peripheral products. eStream will sell animation character figures through WeChat and Taobao as early as June through the newly established local legal person. It is reported that in April this year, eStream established a local legal person with a registered capital of 50 million yen in Shanghai. eStream was founded in 2017 and has a figure brand "SHIBUYA SCRAMBLE FIGURE". The price of the product is mainly around 30,000 yen (about 1,750 yuan), which is about 1.5 to 3 times that of ordinary products. (E-commerce News)

Internet news

6. Ctrip is included in the third batch of key laboratories of the Ministry of Culture and Tourism

      On June 29, Ctrip announced that recently, the Ministry of Culture and Tourism announced the third list of key laboratories of the Ministry of Culture and Tourism. Among them, the "Key Laboratory of the Ministry of Culture and Tourism" built by Ctrip was selected, which is also the only laboratory among the 18 key laboratories in this batch that relies on enterprises as the unit. It is reported that the laboratory's academic committee is composed of scholars from universities such as Shanghai Jiaotong University and Ctrip Group and business experts. In the future, the laboratory will conduct key research on the intelligent data mining technology of online travel scenarios, as well as the intelligent design of online travel services and supply chains. (E-commerce News)

Cross-border newsletter

7. Payoneer Pai Anying announced the completion of SPAC merger

      June 29th news, recently, the global payment platform Payoneer Pai Anying announced that it had officially completed its business merger with FTAC Olympus Acquisition Corp., a special purpose acquisition company (SPAC). The newly established public listed entity is Payoneer Global Inc., whose common stock and warrants are listed on the Nasdaq under the stock codes "PAYO" and "PAYOW" respectively. It is reported that Pai'anying is a cross-border payment collection platform, which was established in New York in 2005. Currently, it serves millions of corporate and individual users in more than 200 countries and regions including the United States, the United Kingdom, the European Union, Japan, China, Canada, etc. (E-commerce News)

8. Amazon announces that it will set up a new robot fulfillment center in Canada

      According to the Dow Jones News Agency, Amazon said on Monday that it plans to set up a robot fulfillment center in Parkland County, Alberta, Canada next year, which is expected to create more than 1,000 full-time and part-time jobs. It is reported that the center will be more than 600,000 square feet (about 5,574.2 square meters) for picking, packaging and transporting small items such as books, electronics and toys. It is worth mentioning that Amazon announced last month that in order to continue to expand its business scope and better serve its customers, the company will recruit 75,000 employees in its operations and logistics networks in the United States and Canada. (E-commerce News)

9. The EU launches the fourth survey on Google: YouTube becomes the focus

      According to reports on June 29, it is reported that in the fourth major investigation by the EU on Google, YouTube was listed as a key focus. The European Commission will "specially" review the situation where Google services such as Google Ads must be used to purchase online display ads on YouTube. In addition, the European Commission will also evaluate the “obligation” of having to use Google Ad Manager to serve online display ads on YouTube, as well as the potential restrictions Google imposes on competitors’ services and how it serves online display ads. Previously, the EU punished Google's shopping service, Android system and AdSense platform after conducting three investigations. These three cases are still being appealed. (Sina Technology)

10. WhatsApp announces appointment of former Amazon executives to lead payments business in India

      June 29th news, Facebook's news app WhatsApp announced today that it has appointed former Amazon executive Manesh Mahatme as head of its payments business in India. WhatsApp said in a statement that Mahatme will help improve users' payment experience and promote business growth. It is understood that Mahatme previously led the product and engineering team of Amazon Pay in India for its Amazon payment business. In 2020, WhatsApp was approved to launch payment services in India. It currently has more than 500 million users in India, and India is also the largest market for WhatsApp. (Sina Technology)