#Laogao E-commerce Newsletter# [E-commerce Morning News on July 13]

      Morning news: Douyin e-commerce officially launched the Doudian service market; Xiaohongshu announced that it has become a special strategic partner for top events of the Radio and Television Station; Suning.com: The company has re-elected a director, and Zhang Jindong proposed to the board of directors to resign from the company's chairman and other positions; Amazon Japan Station: automatic pricing can be used to set the price upper and lower limits; American social networking website Pinterest takes multiple measures to promote e-commerce sellers to enter the platform...

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

E-commerce newsletter

1. Suning.com: The company re-elected a director, and Zhang Jindong proposed to the board of directors to resign from the position of chairman of the company and other positions

      36Kr learned that Suning.com announced that Xinxin Retail Fund nominated Xian Handi and Cao Qun as non-independent director candidates for the seventh board of directors of the company; shareholder Taobao (China) Software Co., Ltd. nominated Huang Mingduan as non-independent director candidates for the seventh board of directors of the company. Director Zhang Jindong proposed to the board of directors to resign from the position of chairman, director and chairman of the board of directors' strategic committee. At the same time, Zhang Jindong nominated Zhang Kangyang as a candidate for non-independent directors of the company's seventh board of directors. (36Kr)

2. The open-screen advertisement disappeared overnight? Alibaba Tencent Byte has completed rectification

      According to July 13, the Ministry of Industry and Information Technology recently conducted a concentrated rectification of pop-up information that users have strongly complained. Up to now, 68 leading Internet companies including Baidu, Alibaba, Tencent, ByteDance, Sina Weibo, iQiyi, etc. have completed rectification as required. Taking Alibaba App as an example, its Taobao, Xianyu, Gaode Map, etc. have all removed the open-screen advertisements. (Yibang Power)

3. Douyin e-commerce officially launched Douyin store service market

      July 12th news, Douyin e-commerce has recently officially launched the Douyin store service market, building a communication position exclusively for merchants and service providers. It is reported that the "Doudian Service Market" includes six core functions: service provider classification, deposit, service provider service disclosure, service provider label, service provider search, and cooperation evaluation. From service provider screening to service provider selection, and then to service provider evaluation, the full-link selection and cooperation mechanism have opened an efficient matching channel for both partners. (E-commerce News)

4. Xiaohongshu announced that it has become a special strategic partner for top events of the Radio and Television Station.

      On July 12, Xiaohongshu announced today that it has become a special strategic partner for top events of China Central Radio and Television Station. It is reported that this is the first time that Xiaohongshu and the General Station have cooperated in important events. According to reports, many official sports media accounts and reporters who went to Japan to participate in the Olympics will join Xiaohongshu. They will show the Olympic stories inside and outside the arena to the audience through their own perspectives. It is worth mentioning that in the past year, the number of sports event notes released on Xiaohongshu has increased by 1140% year-on-year, and sports and fitness have increased by 300%. (E-commerce News)

Cross-border newsletter

5. Amazon Japan website: You can use batch automatic pricing to set the price limit

      July 13th news, Amazon Japan recently added a new feature to its automatic pricing tool to help sellers manage their business in multiple countries. In the future, sellers can set a lower and upper price limit for items in other countries, setting up to 50 SKUs at a time. (Yibang Power)

6. Amazon will be cancelled by adjusting the attributes of clothing products

      According to July 13, it is reported that in order to simplify the launch experience of clothing products, Amazon is combining two existing attributes - material composition and fabric type - into fabric type. Starting from August 20, 2021, when the seller creates a new listing, the seller must choose fabric type, and the material composition will no longer be used. Currently, sellers do not need to take any action, but the platform recommends that sellers directly choose the fabric type attribute when listing new products. For existing listings, Amazon is copying from material composition to fabric type. (Yibang Power)

7. Pinterest, a US social networking website, takes multiple measures to promote e-commerce sellers to enter the platform

      July 12th news, recently, the American social networking website Pinterest has expanded its merchant tool suite to help e-commerce sellers of all sizes enter the platform. It is reported that Pinterest has updated and expanded the store tag and product tag functions. Among them, the store tag function allows merchants to convert their store tags into store information, including by category, specialty and store dynamics; the product tag function allows merchants to add tags on the product map to link products that can be purchased. Pinterest has also launched a shopping list function to facilitate users to purchase in one click. When the price of their collections is reduced, Pinterest users will receive a price reduction notification. (E-commerce News)

8. Dunhuang Online E-mail Bao Fuzhou (Public + Telephone + Special)-JCEX Line

      According to July 12, Dunhuang.com recently issued an announcement stating that in order to give sellers a better logistics experience, Dunhuang.com has launched a high-quality line - E-JCEX. The announcement shows that the E-JCEX line service countries are all E-Yuanbao countries. The reference transportation time (natural day) is 10-18 days, the weight limit is 0-5kg, and the product attributes can be sent are ordinary goods, special goods, and live products. (E-commerce News)

Internet Information

9. Douyu terminates merger agreement with Huya cancels US$6 million cash dividend

      On July 12, Douyu announced tonight that it respects and will follow the decision of the State Administration for Market Regulation and decides to terminate the merger agreement with Huya. In addition, Douyu approved a cash dividend of $60 million in accordance with the terms of the merger agreement. In view of the termination of the merger, Douyu's board of directors approved the cancellation of the cash dividend. (Yibang Power)

10. Feike Electrical has established two new e-commerce companies with registered capital of 5 million yuan.

      On July 12, Zhejiang Feikekosen E-Commerce Co., Ltd. and Zhejiang Feikekoran E-Commerce Co., Ltd. were established. The legal representatives were Jinwencai, with registered capital of RMB 5 million. The business scope includes: Internet sales; information system integration services; graphic design and production; advertising production, etc. Equity penetration shows that both new companies are 100% controlled by Shanghai Feike Electrical Appliances Co., Ltd. (Yibang Power)