#Laogao E-commerce Newsletter# [E-commerce Morning News on August 12]

      Morning News: JD Home Delivery Report: The sales of casual snacks on the platform in 2020 reached 91%; Alibaba was sold by foreign capital. BlackRock reduced its holdings by 74.02 million shares; eBay's second-quarter revenue of US$2.7 billion net profit fell by 57% year-on-year; leading the country! The value of Shenzhen cross-border e-commerce goods exceeded the total volume last year in the first half of the year; Suning.com’s full staff letter: we must return to the market position we should have...

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

E-commerce newsletter

1. "Tik Tok 818 New Trendy Good Things Festival" Battle Report: Jia Nailiang's live broadcast room GMV reached 110 million

      On August 11, the live broadcast room report of Jia Nailiang at the Douyin 818 New Trend Good Things Festival was released. Data shows that the total GMV of the live broadcast room reached 110 million, with a total of 43.76 million viewers. The live broadcast room's hot single product, Post-Weather Dan Gift Box, sold 7,556 pieces, and the GMV reached 10.87 million. In addition, the sales of Oshiman facial mask combination and Hanshu black gold box were 6.19 million and 5.41 million respectively, ranking among the top sales of live broadcast items in this live broadcast. It is reported that this Douyin 818 New Trend Good Products Festival has joined hands with many celebrities and experts such as Luo Yonghao, Zhu Zixiao, and Luola Password to create many key live broadcast rooms. The promotion also helps partners through various gameplay such as 818 real-time hot selling list, national mission competition, and a number of platform benefits such as limited-time refund of platform technical service fees and shopping red envelopes. (Yibang Power News)

2. JD Home Delivery Report: The sales growth rate of casual snacks on the platform in 2020 reached 91%

      On August 11, today, JD.com Home Data Research Institute released the "JD.com Home Snack Food Instant Consumption Trend Report". The report pointed out that the casual snacks category of JD.com’s platform grew rapidly, and the platform’s sales of casual snacks in 2020 reached 91%. JD.com Home Delivery is one of the most important growth channels for leading brands, which not only brings consumers a one-hour convenience, but also provides brands with more value. At present, JD.com is constantly deepening its brand empowerment capabilities and has deeply cooperated with more than 150 well-known brand manufacturers. (E-commerce News)

3. Alibaba is sold off by foreign capital BlackRock reduces its holdings by 74.02 million shares

      According to reports on August 12, BlackRock's documents released on Wednesday showed that the stock that the company's largest reduction in holdings in the second quarter of this year was Alibaba, with a total reduction of 74.02 million shares, and the remaining holdings were 9.82 million shares, and the holding ratio fell from 0.56% to 0.06%. It should be emphasized that this does not represent the future operational logic. (Yibang Power News)

4. Sun Hongbin invested 200 million yuan in liquor e-commerce platform

      On August 12, the New Third Board company Yijiu Yijiu released the results of the targeted issuance of stocks. Tianjin Runze Property Management Co., Ltd., a Sunac Group, subscribed 2.7495 million shares at a price of 72.74 yuan per share, costing 200 million yuan. It is worth mentioning that based on the closing price of 45.87 yuan per share on August 9, the shareholding price of Tianjin Runze Property Management Co., Ltd. is at a premium of nearly 60%.

According to Qichacha data, Tianjin Runze Property is a wholly-owned subsidiary of Tianjin Excellent Property Management Co., Ltd., and the latter chairman Ma Zhixia is the executive president and chief operating officer of Sunac China. The directors include Sun Hongbin, chairman of the board of directors of Sunac China. (Yibang Power News)

Cross-border newsletter

5. eBay's second-quarter revenue of US$2.7 billion fell by 57% year-on-year

      According to August 12, eBay released its second quarter financial report for the 2021 fiscal year today. As of the end of the reporting period, eBay's annual active buyers decreased by 2%, and the total number of active buyers worldwide fell to 159 million; eBay's annual active sellers increased by 5%, and the total number of active sellers worldwide increased to 19 million. eBay expects net revenue in the third quarter of fiscal 2021 to reach US$2.42 billion to US$2.47 billion, excluding the impact of exchange rate changes, up 6% to 8% year-on-year. (E-commerce News)

6. Amazon launches a new aviation hub worth $1.5 billion

      On August 12, Amazon launched a $1.5 billion aviation hub in northern Kentucky on Wednesday, which will help deliver goods faster and better control its logistics network. It is designed to accommodate 100 Amazon cargo planes and can handle an estimated 200 flights a day, heralding Amazon's inclusion of more air cargo operations into its services. Amazon Air now has more than 75 aircraft in its transportation network, and the company expects to have more than 80 aircraft in its network this time next year and to reach 85 by the end of 2022, including leased and owned aircraft (E-commerce News)

7. AliExpress becomes Chile's main online shopping website sales increase by 200%

      According to foreign media reports, Alibaba's AliExpress has become the main online shopping website for Chilean consumers. Since the outbreak of the new crown epidemic, AliExpress's sales in Chile have increased by 200%. It is reported that AliExpress is popular among Chilean consumers because of its rich product categories, cheaper prices compared to other e-commerce companies, and able to save taxes when purchasing foreign goods. In addition, AliExpress also provides various security guarantees and real-time tracking orders to support people to shop online, and AliExpress accepts all types of electronic payments. (E-commerce News)

8. Lead the country! Shenzhen cross-border e-commerce goods value in the first half of the year exceeded the total volume last year

      On August 12, "Cross-border e-commerce has grown very rapidly, and the order volume has increased significantly." On August 11, in the Cainiao International Warehouse of Qianhai Comprehensive Bonded Zone, dozens of rows of shelves neatly displayed various imported goods, including cosmetics, skin care products, health care drugs, food, etc., and the staff are busy sorting. This is just a microcosm of the thriving development of Shenzhen's cross-border e-commerce. It is understood that under the background of accelerating the construction of a new development pattern with the domestic circulation as the main body and the domestic and international circulations mutually promoting each other, new foreign trade formats represented by cross-border e-commerce have gone against the trend, Shenzhen’s reputation as the “City of Cross-border E-commerce” has continued to be launched worldwide, and the international industrial chain and supply chain are more stable. In the first half of this year, the scale of cross-border e-commerce in Shenzhen further expanded and enhanced, and the entire industry was full of vitality. (Yibang Power News)

Internet Information

9. Suning.com All employees’ letter: Go back to the market position you should have

      According to reports on August 11, shortly after Suning.com produced a new board of directors, tonight, Suning.com Chairman Huang Mingduan and President Ren Jun wrote letters to all Suning.com employees. The letter said that action is the best way to solve the problem, and Suning.com should return to its market position. Huang Mingduan and Ren Jun said in their employee letter that Suning.com has indeed encountered some problems in the past six months, but the fundamentals and core businesses are still healthy. "With the full support of the government, financial institutions, brands and partners, Yigo will definitely get out of the predicament and set out again. (E-commerce News)

10. Yonghui Supermarket once again responded to "infraction of 1 yuan packaging fee": it will compensate consumers

      Recently, Yonghui Supermarket issued an apology statement for the forced charging of packaging fees by Yonghui Life Mini Program, saying that after the problem occurred, the company's business and technical departments had urgently optimized the product packaging services and charging rules. The Shanghai Consumer Protection Committee then issued a document stating that the legitimate rights and interests of consumers have been infringed upon, and the company involved has the obligation to correct its mistakes and make compensation or compensation to consumers. (E-commerce News)