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#Laogao E-commerce Newsletter# [E-commerce Evening News on August 25]

2021-08-25

      Evening News: China IoT: The total social logistics volume in January-July is 179.2 trillion yuan, an increase of 14% year-on-year; Alibaba affiliated companies have wholly owned their stake in Shenzhen ZhongAnjie Trading Company; Xiaomi Wanghua: There is no such thing as stopping the use of MI brands worldwide; Urban Outfitters Tmall flagship store has issued a store closure announcement to withdraw from the Chinese market; eBay seller: Cross-border e-commerce companies need "three carriages" to achieve performance growth...



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1. Alibaba affiliated companies wholly owned their stake in Shenzhen ZhongAnjie Trading Company


      According to news on August 25, Tianyan Check information showed that on August 24, Shenzhen Zhonganjie Trading Co., Ltd. underwent a number of industrial and commercial changes, and the original shareholders all withdrew, adding Alibaba's affiliated company Shenzhen Digital Media Technology Co., Ltd. as shareholders, holding 100% of the shares; the legal representative, general manager, and executive director were all changed from Li Chenglin to Li Xin; the supervisor was changed from Dai Lingling to Jiang Hui. (E-commerce News)


2. Asus signed strategic cooperation with JD.com and Dada Group


      According to August 25, ASUS recently officially reached a strategic cooperation with JD.com and Dada Group. The three parties will accelerate the digital transformation of physical stores, improve the efficiency of fulfillment, and comprehensively improve consumers' offline shopping experience. At present, Asus announced that more than 150 stores have officially entered JD.com’s homepage, a subsidiary of Dada Group. In the second half of 2021, the “hourly delivery” service will gradually expand to all offline stores in Asus. Consumers only need to place an order on JD or JD.com’s homepage can enjoy the “hourly delivery” of ASUS computers and accessories. (E-commerce News)


3. China IoT: The total social logistics volume in January-July is 179.2 trillion yuan, an increase of 14% year-on-year


      According to August 25, the China Federation of Logistics and Procurement announced the logistics operation data from January to July today. In July, affected by high temperatures, heavy rains and local epidemics in some areas, the growth rate of total social logistics slowed down. However, overall, the cumulative growth rate of major indicators remained at a relatively fast level, the continuous recovery trend of the logistics market has not changed, new momentum and new business formats have continued to improve steadily, and the operating conditions of logistics companies have further improved. From January to July, the total revenue of the logistics industry was 6.8 trillion yuan, an increase of 20.8% year-on-year. The average annual growth of 9.1% in two years has maintained steady and rapid growth. (E-commerce News)


4. JD.com has established a new e-commerce company in Guangxi with a registered capital of RMB 2 million


      According to news on August 25, Tianyan Check information showed that on August 24, Guangxi Jingdong Xingchen E-Commerce Co., Ltd. was established. The legal representative is Hu Jinghe, with a registered capital of RMB 2 million. The business scope includes: Internet sales; information technology consulting services; consulting planning services; advertising design, agency; market research, etc. The equity penetration chart shows that the company is 100% controlled by Beijing JD Century Trading Co., Ltd. (E-commerce News)


Internet news


5. Xiaomi Wanghua: There is no saying that MI brand is stopped worldwide


      According to foreign media reports, Xiaomi is gradually abandoning the "MI" brand, and future devices will use the new "xiaomi" brand logo when they are launched. In this regard, Wang Hua, general manager of the public relations department of Xiaomi Group, said on Weibo that the MI logo plays the most important role in all applications and is the only brand logo of Xiaomi Group in the world. As the use of Xiaomi Group's corporate image, product promotion image, channel image, etc., there is no saying that the MI brand will be stopped worldwide. Wang Hua also said that the Xiaomi letter logo and the Redmi letter logo are used in the ownership series of products, packaging and dissemination respectively to indicate their product identity. (E-commerce News)


6. Shanghai Yonghui’s second Minsheng Storage Store officially opened


      On August 25th, today, the second Minsheng Storage Store in Yonghui, Shanghai, was officially opened. It is reported that the total area of ​​Yonghui Yunjian Road Storage Store is nearly 10,000 square meters, and it was renovated from an old store. It is located at Yunjian New World, No. 253 Zhongshan East Road, Songjiang District, Shanghai. In order to meet consumers' pursuit of freshness, Yonghui Warehousing Store implements the "fresh food and daily freshness" principle to ensure the daily turnover, quality and freshness of fresh products in the store. (E-commerce News)


Cross-border newsletter


7. Urban Outfitters Tmall flagship store releases a store closure announcement to withdraw from the Chinese market


      August 25th news, recently, the Tmall flagship store of the American chain clothing brand Urban Outfitters issued a store closure announcement on its homepage. It is reported that Urban Outfitters has not yet opened a physical store in China and has not opened a Chinese official website. The announcement of the closure of Tmall flagship store this time means it will withdraw from the Chinese market. Its official flagship store page shows that the current number of fans of Urban Outfitters Tmall flagship store is about 1.14 million. Regarding the reasons for withdrawing from the Chinese market, the Urban Outfitters brand explained on Weibo that it was due to the adjustment of its brand's global strategy. (E-commerce News)


8. Facebook executive Marcus: Western digital payment lags behind China


      According to Bloomberg, Facebook has recently considered developing products or features related to NFT. "We will definitely explore various ways to see how to get into this field because we have a good position," Facebook executive David Marcus said in an interview. According to Marcus, the Facebook digital wallet Novi can be used to store NFTs, which is ready, but the company hopes it will be launched with Diem. According to data, Diem is a stable currency supported by the US dollar and has no launch date yet. (E-commerce News)


9. Dunhuang.com Polaris service rating system will be officially launched on October 1st


      According to August 25, Dunhuang.com announced yesterday that in order to improve merchant service capabilities and empower high-quality service merchants to more rights and interests, the newly upgraded Polaris service scoring system will be launched on September 1, 2021 and will be trial-operated until September 30, 2021. The official rating will start from October 1, 2021, and the old rating system will no longer be used. During the trial operation period, the system only evaluates scores and rankings and does not involve rights and interests. (E-commerce News)


10. eBay seller: Cross-border e-commerce companies need to achieve performance growth


      On August 25, eBay held a new eBay "Creation E-Collection" in Shenzhen yesterday, which officially released the "Star Plan" and launched a new product pre-sale model and corresponding six major support measures to promote new products to overseas. During the media interview, when talking about how cross-border e-commerce companies can achieve performance growth, Feng Ke, sales director of eBay seller Shenzhen Zongwei Lifang Technology, said: "The company needs three carriages to achieve performance growth. The first is R&D, and also hard power, which is the underlying product. The second is brand, not just sales. Brand construction can drive marketing plans. The third is the supply chain. These three carriages need to interact to drive the performance growth of the entire company, and they are collaborative operations." (E-commerce News)



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