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

      Morning News: Baidu's revenue in Q2 2021 increased by 20% year-on-year; Dingdong Maicai established a new company in Zhuhai, including food Internet sales, etc.; Amazon plans to spend more than US$120 billion on products and services of American companies; Flipkart and Indian fashion e-commerce Myntra announced cooperation with brand Marie Claire; Alibaba established a working environment committee to promote the institutionalization of anti-sexual harassment;...

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

E-commerce newsletter

1. Baidu's revenue in Q2 2021 increased by 20% year-on-year

      According to August 12, Baidu disclosed its second quarter financial report for 2021 today. According to the financial report, revenue in the second quarter was 31.4 billion yuan, a year-on-year increase of 20%; the net loss attributable to Baidu was 583 million yuan. Under non-general accounting standards, the net profit attributable to Baidu is 5.4 billion yuan. In June this year, Baidu's monthly active users reached 580 million, and daily login users reached 77%. (E-commerce News)

2. Suning.com DTC partners have exceeded 1,000

      According to reports on August 12, data shows that as of the second quarter of this year, the number of DTC manufacturers produced in cooperation with Suning Yipin has exceeded 1,000. This batch of factories directly signed a contract with Suning Yipin to complete customized production work at the source of production. Suning Yipin's independent supply chain system has been initially built. It is reported that in order to further promote the development of Suning Yipin, Suning.com has recently revised the "Merchant Service Rules". From access audit, supplier scoring model, service specifications and supervision, three sectors are used to improve Suning Yipin’s consumption experience. (E-commerce News)

3. Suning.com will invest 100 million yuan in old-for-new subsidy during Shenzhen shopping season

      According to August 13, this year's Shenzhen shopping season was opened on August 6, and Suning.com attended the opening ceremony as a representative of the official designated e-commerce platform. Dai Fengjun, executive vice president of Suning.com South China, said at the opening ceremony that during the Shenzhen shopping season, Suning.com will invest 100 million yuan in old-for-new subsidies in Shenzhen, and simultaneously open a special zone for good products online (E-commerce News)

4. Dingdong Maicai established a new company in Zhuhai, including food Internet sales, etc.

      According to news on August 13, Qichacha APP showed that Zhuhai Bujiangju E-Commerce Co., Ltd. was established, with the legal representative being Yu Le, with a registered capital of RMB 1 million, and its business scope includes: food Internet sales; food sales; second-class medical device sales; software development, etc. Qichacha equity penetration shows that the company is 100% controlled by Dingdong Maicai's affiliated company Shanghai Yibaimi Network Technology Co., Ltd. (Yibang Power News)

Cross-border newsletter

5. Flipkart and Indian fashion e-commerce Myntra announce cooperation with brand Marie Claire

      August 12th news, according to foreign media reports, recently, Indian e-commerce giant Flipkart and Indian fashion e-commerce Myntra announced that they would cooperate with global lifestyle and fashion brand Marie Claire to introduce a series of Marie Claire cosmetics and hair salon utensils to the two e-commerce platforms. The cooperation marks Marie Claire's entry into the Indian beauty and hair salon industry, and will also help Flipkart and Myntra expand the sales range of beauty and hair care products categories, launching new beauty products such as lipstick, nail polish, eyeliner, eyebrow pencil, mascara and powder for Indian buyers. (E-commerce News)

6. Walmart Shenzhen Guangming Store opened for the first time to try all fresh fruits and vegetables to sell fresh fruits and vegetables

      On August 12, Walmart China announced that Walmart Shenzhen Guangming Store will open today. According to reports, the business area of ​​Walmart Shenzhen Guangming Store is about 5,000 square meters, which is more compact than traditional stores. The new store tried to expand the coverage of "Jisuda" service to 6 kilometers around the store for the first time, and tried to sell all fresh fruits and vegetables for the first time. In addition, the "Walmart Home Delivery" mini program has been upgraded and will be renamed to "Walmart Online Supermarket" from now on, providing customers around the store with "Speed ​​Speed ​​Delivery" of more than 4,000 products and "Second Day Delivery" services for more than 10,000 products. (E-commerce News)

7. Amazon plans to spend more than $120 billion on U.S. companies' products and services

      According to August 13, in 2021, Amazon will purchase logistics equipment, corporate office supplies, construction, design, engineering services, etc. from more than 200,000 companies in the United States, spending more than US$120 billion. Amazon's spending rose 20% year-on-year in 2021, and does not include any products Amazon buys and sells in its stores. An independent analysis by Keystone Economics estimates that Amazon expects spending on suppliers in 2021 will help the local economy and add 840,000 jobs to the U.S. in multiple industries. (E-commerce News)

8. Dunhuang.com Emergency Notice: There is no capacity for Australian Road

      On August 13, Dunhuang.com issued an emergency notice on August 12, saying that after receiving a notice from Fuzhou Post, the local Australian road transport capacity was tight, and there was no direct sealing plan for this port in the short term. At present, a certain amount of cargo volume has been stuck, and the logistics time limit for postal services will be affected by a certain degree of delay. Some local channels have also closed the order portals sent to Australia. Sellers are requested to pay attention to the announcement and be aware of it in advance. (Yibang Power News)

Internet Information

9. Alibaba established a working environment committee to promote anti-sexual harassment mechanism

      On August 12, after the recent announcement of the results of the phased internal investigation and handling decision of "female employee being violated", Alibaba issued another internal announcement today, deciding to launch a series of actions around anti-sexual harassment/anti-sexual assault and reported the progress of the relevant actions. The announcement shows that in terms of strengthening organizational guarantees, Alibaba Group established a working environment committee to report directly to the board of directors as the decision-making body for handling work environment-related matters, including anti-sexual harassment. (E-commerce News)

10. Peacebird's net profit rose by more than 240% in the first half of the year

      On August 13, Peacebird released its 2021 semi-annual performance report, with revenue in the first half of the year of 5.015 billion yuan, a year-on-year increase of 55.88%, and net profit of 411 million yuan, an increase of 240.52%. Net profit after deducting non-recurring gains and losses was 291 million yuan, a year-on-year increase of 235 million yuan, an increase of 420.24%. Affected by this, Caixin Securities raised the Peacebird rating, from "cautious recommendation" to "recommended. (Yibang Power News)