#Laogao E-commerce Newsletter# [July 5th E-commerce Morning News]

      Morning news : China's express delivery business volume exceeded 50 billion pieces in half a year; Douyin e-commerce carried out special governance of mobile phone products banned 320 illegal products; cross-border e-commerce ERP SaaS manufacturers "Jijia" completed 180 million yuan in A round of financing; SHEIN began to focus on the Southeast Asian market; Meituan Takeout: barbecue, fried chicken, and crayfish have become the favorite late-night snack category for Beijing fans...

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

E-commerce newsletter

1. my country's express delivery business volume exceeded 50 billion pieces in half a year

      According to July 5, as of July 4, the national express delivery business volume exceeded 50 billion pieces in 2021, which took only 6 months, close to the annual level in 2018. Among them, the business volume sent to rural areas grew rapidly, accounting for 30%. At present, my country's average daily express delivery volume is about 300 million pieces, and the average daily service number is about 600 million users. (Titanium Media)

2. Meituan Takeout: BBQ, fried chicken and crayfish have become the favorite late-night snacks for Beijing fans

      According to news on July 4, Meituan Takeout data shows that since the opening of the European Cup, night takeout orders across the country have gradually risen. From June 12 to 30, the volume of late-night snack orders in Beijing increased by nearly 10% compared with the same period in May. It is reported that in order to provide better services to fans and friends, more than 5,000 businesses have extended their business hours. Barbecue, fried chicken and crayfish have become the favorite late-night snack categories for Beijing fans. Judging from the crayfish alone, its late-night snack sales increased by nearly 70% compared with the same period in May. (E-commerce News)

3. Douyin e-commerce launches special governance of mobile phone products and bans 320 illegal products

      According to July 4, Douyin e-commerce recently issued an announcement on the governance of mobile products on the platform. The announcement disclosed that Douyin e-commerce is carrying out special governance of mobile phone products, and has dealt with 320 illegal mobile phone products and punished 57 merchants.

The announcement stated that some merchants fabricated product information when selling mobile phones, suspected of false propaganda, and sold non-compliant mobile phones. In response to this, the platform has banned 320 illegal mobile phone products in accordance with the relevant provisions of "Douyin Live Broadcasting Code", "General Rules for the Management of E-commerce Creators", and "Rules for the Management of Merchant Violations", and has removed 57 illegal stores, and removed the illegal content. (E-commerce News)

4. Alibaba: Jack Ma’s unpaid loan without stock pledge, Cai Chongxin’s loan scale is controllable

      According to the Financial Times, Alibaba founder Jack Ma and executive vice chairman Cai Chongxin have mortgaged a majority of their holdings in Alibaba's total $35 billion shares to investment banks to obtain large loans. Alibaba responded that the incident of Jack Ma and Tsai Chongxin pledging Alibaba shares to financial institutions for loans has been widely reported. Jack Ma and his affiliates currently do not have any outstanding loans mortgaged on Alibaba shares. (E-commerce News)

Cross-border newsletter

5. Cross-border e-commerce ERP SaaS manufacturer "Jijia" completed 180 million yuan in Series A financing

      On July 5, cross-border e-commerce ERP SaaS manufacturer "Jijia" announced that it had completed a 180 million yuan A round of financing led by Yunshi Capital. The followers are Yunqi Capital, Zhupu Investment, eGarden Ventures, Jiashi Investment, Hony Ventures, Zhonglin Capital, etc. This round of financing will be used for talent, product and service upgrades, market system construction, etc. It is understood that Jijia was established in 2017 and is committed to providing one-stop solutions for traffic + supply chain + brand for the digital management of cross-border e-commerce sellers, mainly including Amazon's e-commerce ERP product "Jijia ERP". (E-commerce News)

6. Amazon announces building a R&D center in Finland to study robot automatic delivery technology

      July 4th news, Amazon recently announced that it will establish a new R&D center in Helsinki, Finland to develop new technologies for Amazon Scout delivery robots. Amazon said the Helsinki R&D center will initially have more than 20 engineers, one of their main goals will be to develop 3D software, “simulate the complexity of real life” and ensure that Amazon Scout can safely navigate when shipped. (Yibang Power)

7. Wuhu cross-border e-commerce B2B export pilot business officially launched

      On July 5, recently, Wuhu Muchen E-Commerce Co., Ltd. reported two tickets to Wuhu Customs in the cross-border e-commerce enterprise-to-enterprise (B2B) model, a total of 274 sweeping robots successfully cleared. It took 5 minutes and 30 seconds to become the first batch of B2B-mode export goods in Anhui Province. This move marks the official launch of Wuhu's cross-border e-commerce B2B export pilot business. From then on, Wuhu enterprises can convert goods that were originally cleared and exported through general trade methods to export through cross-border e-commerce B2B model. Wuhu cross-border e-commerce platform import and export two-way business has been fully launched. (Yibang Power)

8. SHEIN began to focus on the Southeast Asian market

      July 4th news, it is reported that China's fast fashion cross-border e-commerce company SHEIN has established a new center in Singapore to expand the Southeast Asian market. At present, SHEIN has opened independent brand sites in Singapore, Indonesia, Thailand, Vietnam and the Philippines, and plans to create independent websites in Malaysia in the future. During the expansion of Southeast Asia, SHEIN will continue to focus on niche markets, adopt digital marketing and internet celebrity marketing. In addition to current OOH and TikTok ads, SHEIN also plans to hold pop-up events in Singapore to allow consumers to experience their products offline and learn more about the brand. (E-commerce News)

Internet news

9. TikTok becomes the world's most profitable app in the first half of the year, with revenue expected to exceed US$920 million

      According to Sensor Tower data, global mobile application revenue in the first half of 2021 was US$64.9 billion, an increase of 24.8% year-on-year. Among them, the mobile app with the highest revenue is TikTok, with an estimated revenue of more than $920 million, followed by YouTube and Tinder. (Yibang Power)

10. Shopify reduces commissions for developers in the app store: $1 million in revenue for free

      July 5th news, one-stop e-commerce service platform Shopify announced on Tuesday that it would reduce the revenue share charged to developers who release apps in its app store. Starting August 1, developers will earn 100% of the first $1 million revenue from the Shopify app store. The company said the benchmark will be reset every year. (Yibang Power)