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#Laogao E-commerce Newsletter# [E-commerce Evening News on July 8]

2021-07-08

      Evening information : Wise, a cross-border payment platform, has been listed directly on the London Stock Exchange; Report: More than a quarter of the online spending in the UK is conducted through Amazon; Qunar: Shanghai, Beijing and Chengdu have become popular cities for summer "parent-child travel"; Taote has been ranked first in the Apple App Store free application list for ten consecutive days; Ministry of Industry and Information Technology: 68 Internet companies including Alibaba have completed the rectification of APP open-screen pop-up windows...



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


E-commerce newsletter


1. Hema's first self-built supply chain center will be topped in Wuhan at the end of July

      According to New Retail Finance, Hema's first self-built supply chain center will be topped in Wuhan by the end of the month, and will be renovated before the end of the year and will be put into use early next year. The supply chain center is located in Hannan, Wuhan, with a total construction area of ​​8 individual buildings with a total construction area of ​​more than 150,000 square meters. Currently, 7 buildings have been topped off. In addition, self-built supply chain centers in Chengdu, Shanghai, Hangzhou, Xi'an and other places are also under construction. According to reports, the difference between the Hema Supply Chain Center and the commonly used supply chain center is that in the distributed operation methods of warehousing, packaging and distribution, functions such as temporary care, fresh food processing, and central kitchen have been added. (E-commerce News)


2. Ministry of Industry and Information Technology: 68 Internet companies including Alibaba have completed the rectification of APP open screen pop-up windows

      On July 8, the official website of the Ministry of Industry and Information Technology released a news today that the Ministry of Industry and Information Technology recently carried out concentrated rectification of violations such as "pop-up information labels are nearly invisible, close buttons are as small as ants, page disguises concealing the world, and inducing clicks to secretly conquer" that have been complained about by users, and urged enterprises to pay attention to user demands and solve the problems of using text, pictures, videos and other methods to deceive and mislead users to jump in the open-screen information page. Up to now, 68 leading Internet companies including Baidu, Alibaba, Tencent, ByteDance, Sina Weibo, iQiyi, etc. have completed rectification as required. In the second quarter of 2021, the number of complaints and reports of users with open-screen pop-up information decreased by 50% month-on-month, and the issue of misleading users to click to jump to third-party pages decreased by 80% year-on-year. (Sina Finance)


3. Report: About 19% of Singaporeans use instalments and most often buy home and electronic products.

      According to a report by consumer data and analytics company Milieu Insight, about 19% of Singaporeans over 16 years old attempted to pay in installments, and 30% of Singaporeans aged 25 to 34 are most likely to use over-installments. Among them, people use installment payments to buy the most are home products and electronic products, followed by travel products. (Yibang Power News)


4. Taote is ranked first in the Apple App Store free application list for ten consecutive days

      According to reports on July 8, Qimai data showed that the cost-effective e-commerce platform Taote’s app downloads surged from June to July, ranking first in the Apple App Store App Store free application list, and has now topped the list for ten consecutive days. It is understood that on March 25, 2020, the Taobao special price version was officially launched. On May 28 this year, Taobao Special Edition announced the brand upgrade and officially renamed Taote, further increasing investment to create a cost-effective shopping experience for consumers in the sinking market. During this year's 618 Taote event, Taote consumers increased by 140% year-on-year, and orders increased by more than 350% year-on-year. (E-commerce News)


Internet news


5. Where to go: Shanghai, Beijing and Chengdu have become popular cities for summer "parent-child travel"

      According to the news on July 8, Qunar.com recently released the "2021 Summer Parent-Child Tour Report" that with the arrival of summer vacation, many parents are planning to take their children out for travel, and Shanghai, Beijing and Chengdu are the cities with the most departure passengers, and Beijing has become the most popular destination. Qunar data shows that compared with 2019, parent-child tourists from Shanghai increased by 27%; judging from the increase in the number of passengers, parent-child tourists from Chengdu increased by 35%. At the same time, as the most popular city for summer parent-child travel, Beijing has caused the average nightly price of Beijing hotels to be about 100 yuan more expensive than in 2019. Data also shows that currently more than 20% of parents will book air tickets more than one month in advance. (E-commerce News)


6. News says ByteDance plans to restart the social platform Feicha

      According to "LatePost" report, ByteDance is planning to restart Feicha, a social product that has been removed from the app store. Xinfeicha will focus on instant audio social networking, while Laofeicha is positioned in an instant messaging and hobby community. At present, the team of Xinfeicha belongs to Toutiao in ByteDance's organizational structure. It is understood that Feidao is a social product launched by ByteDance in May 2019. The initial model was that users created several group chat groups with different topics, attracting users with common hobbies and interests to join and form interactions within the group. In order to lower the social threshold, users who are unfamiliar with each other on the platform can directly send messages without adding friends. (Sina Finance)


Cross-border newsletter


7. Report: More than a quarter of UK spending online through Amazon

      According to data from e-commerce consulting firm Wunderman Thompson Commerce, 27% of all online spending in the UK comes from Amazon. In addition, data released by Amazon on July 7 showed that the number of small and medium-sized enterprises in the UK reached more than 65,000. In 2020, the number of products sold by SMEs on Amazon increased from 550 million in 2019 to 750 million, which is equivalent to an average of more than 1,500 products sold per minute. The export sales of these companies also exceeded 3.5 billion pounds on Amazon, a year-on-year increase of 20%. (Beijing Business Daily)


8. Cross-border payment platform Wise has been listed directly on the London Stock Exchange

      According to Weiyang.com, Wise (formerly Transferwise), a British cross-border payment platform established in 2011, has been listed on the London Stock Exchange through direct listing on July 7. It is understood that in addition to providing its own services, Wise has also cooperated with traditional financial service companies and emerging financial technology companies (such as Monzo and GoCardless) to establish a total of 14 offices around the world, with a total of more than 2,400 employees. (Yibang Power News)


9. Vodacon and Alipay team up to create the "African version of Alipay" VodaPay

      July 8th news, Vodacon, a subsidiary of Vodafone South Africa, recently launched a "super application" - VodaPay. It is reported that the application is operated by the Vodacon Group's financial services company and provided technical support by Alipay. According to reports, VodaPay can bind an account from any bank to provide customers with services such as mobile payment, online shopping and loans. Vodacon Finance and Digital Services CEO said that users of any mobile network can use VodaCon, and Vodacon users are tax-free. In addition, Vodacon also stated that VodaPay supports rapid development and deployment of applets. It is understood that companies such as Builder's Warehouse, Makro, Exclusive Books, Clicks Game and PetZone have created their own mini-programs in VodaPay. (Economic Reference News)


10. Shopify and TikTok will expand their cooperation business to the Philippines market

      On July 8, Canadian e-commerce platform Shopify recently announced that it will conduct cooperation business with TikTok in the Philippines market. The collaboration aims to help Shopify merchants expand their business to TikTok, allowing them to conduct marketing campaigns for the user community with high interaction rates on TikTok.

      It is reported that the cooperation is also part of the global partnership between the two parties since October 2020. Previously, TikTok just launched the "TikTok For Business" service in the Philippines. This service allows sellers to reach potential customers to the maximum extent on the application system, and promote their products through event promotions, etc.

      Meanwhile, Shopify's Southeast Asia Regional Head Jason Suen said the partnership with TikTok is a new channel for local businesses to connect with consumers in the Philippines and Southeast Asia. Through the TikTok channel, domestic Shopify merchants in the Philippines can access the Ads Manager section in the TikTok For Business service without leaving the Shopify control panel.

      It is worth mentioning that this is not the first time that Shopify has cooperated with TikTok for business. It is understood that the cooperation between the two parties has started last year. Shopify has attracted traffic through TikTok's platform, reducing the pressure on promotion of many sellers. However, in the initial cooperation, it was only open to US Shop merchants and companies with US office addresses were required to apply for use.

      In addition, Shopee recently issued an announcement stating that the shipping fee for the Philippine site of the Shopee platform, Standard International, will be adjusted at 0:00 on July 5, 2021 (local time in the Philippines). Shopee also stated that this shipping fee adjustment does not involve changes in seller collection prices. (36Kr)



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