#Laogao E-commerce Newsletter# [E-commerce Morning News on August 30]

      Morning News: Antarctic E-commerce responds to changes in executive teams: the team members are there, the cooperation model has been changed; the increase in payment fees of 6 express companies has no impact on consumers; the import and export transaction volume of Nanning cross-border e-commerce comprehensive pilot zone in the first seven months reached 3 billion yuan; in 2020, China's data lake market: Amazon Cloud Technology ranked first; Laiyifen's revenue in the first half of the year reached 2.1 billion yuan in online e-commerce revenue reached 271 million yuan.........

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

E-commerce newsletter

1. Antarctic E-commerce responds to changes in executive teams: the team members are all there, and the cooperation model has changed.

      According to reports on August 30, an investor relations activity record disclosed by Antarctic E-commerce shows that in view of the reasons for the relatively large replacement of the executive team, Antarctic E-commerce said that the team members are all there and the cooperation model has been changed. The purpose is to make them closer to factories, consumers, customer service waiter, express delivery waiter, and data. According to the 2021 semi-annual report of Antarctic E-commerce, Antarctic E-commerce's operating income in the first half of 2021 was approximately 1.661 billion yuan, an increase of 2.15% year-on-year; the net profit attributable to shareholders of listed companies was approximately 246 million yuan, a decrease of 42.85% year-on-year; the basic earnings per share was 0.1038 yuan, a decrease of 41.26% year-on-year. (E-commerce News)

2. Central Commission for Discipline Inspection and the National Supervisory Commission website: Internet celebrity catering companies must maintain the bottom line of safety

      On August 30, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission released an article titled "Internet celebrity catering companies must keep the bottom line of safety", pointing out that recently, food safety issues of Internet celebrity catering brands such as Mixue Bingcheng, Wallace, and Naixue's Tea have been exposed one after another. After the food safety issues of Internet celebrity catering were exposed, the relevant regulatory departments conducted strict, quick and severe investigations and punishments in accordance with the law, and made public the results of the handling. At the same time, the exposed problems will be attacked and the most severe punishment will be imposed on the offenders, so that the offenders will pay the price. (E-commerce News)

3. The increase in payment fees of 6 express delivery companies has no impact on consumers yet

      According to August 30, on August 27, ZTO Express announced that it had "an increase in express delivery fees." Six express delivery companies unanimously announced that starting from September 1, the payment fee for the entire network will increase by 0.1 yuan per ticket. The reasons for the increase in payment of express delivery companies are basically the same, in order to respond to the industry opinions previously issued by the country, and to implement and protect the rights and interests of express delivery boys. For consumers, the increase in express delivery fees does not mean that the express delivery fees will increase immediately. A relevant person in charge of a express delivery company said that the increase in the distribution fee has nothing to do with the express delivery price, but the labor costs of the express delivery company increased (E-commerce News)

4. Online Economics and Social Security: It is estimated that the number of live e-commerce users will reach 430 million in 2021  

      August 29th news, recently, the Internet Economic and Social Security E-commerce Research Center and the Internet Economic and Social Security Live E-commerce Station released the "2021 China Live E-commerce Market Data Report". The report shows that from 2017 to 2020, the transaction scale of domestic live e-commerce market was 19.64 billion yuan, 135.41 billion yuan, 443.75 billion yuan and 12,850 yuan respectively; the transaction scale is expected to reach 2350 billion yuan in 2021, an increase of 82.87% year-on-year. In terms of user scale, the user scale of live e-commerce industry from 2018 to 2020 was 220, 250 million, and 372 million respectively. It is expected that the user scale will reach 430 million in 2021, an increase of 15.59% year-on-year, with a decline in growth rate. (E-commerce News)

Cross-border newsletter

5. The China-Europe Express "Jiangsu" has launched more than 1,000 trains this year

      According to August 29, a few days ago, the 100 standard container China-Europe Express "Jiangsu" train, which is full of laptops, high-end clothing and electromechanical products, is worth US$16 million, departing from Suzhou West Station and heading west. It is expected to arrive in Duisburg, Germany in 18 days. This is the 1,000th international freight train launched in Jiangsu Province this year. This year, the provincial train company increased the formation of the China-Europe Express "Jiangsu" from 41 vehicles to 50 vehicles, increasing the traffic volume of each train by 22%. On the other hand, it vigorously promoted the launch of return trains, transporting imported products such as milk powder, red wine, cotton yarn and wood from Europe and Central Asia to Jiangsu through the China-Europe Express. (Cailianshe)

6. The import and export transaction volume of Nanning Cross-border E-commerce Comprehensive Pilot Zone reached 3 billion yuan in the first seven months

      According to the news on August 27, the Nanning Municipal Bureau of Commerce stated that from January to July this year, the China (Nanning) Cross-border E-commerce Comprehensive Pilot Zone completed a total of 37.02 million cross-border e-commerce import and export transactions, with a transaction volume of 3 billion yuan, and a transaction volume increased by 330% year-on-year.

Among them, retail imports and exports were 37 million orders, with a transaction volume of 1.699 billion yuan; cross-border e-commerce B2B exports were 22,800 orders, with a transaction volume of 1.301 billion yuan. According to reports, Nanning Cross-border E-commerce Comprehensive Pilot Zone promotes pilot promotion of new business models and promotes the continuous expansion of the scale of cross-border e-commerce business in Nanning.

Next, Nanning City will promote the B2B export model of cross-border e-commerce, focusing on RCEP member countries and participating countries of the "Belt and Road" agreement, and promote the establishment of Guangxi public overseas warehouses in Thailand, Vietnam, Malaysia, Brazil and other countries to improve the efficiency of cross-border e-commerce logistics. (Yibang Power News)

7. Apple's latest App Store Rules: Allow apps to use other payment methods

      On August 28, Apple announced on Thursday local time that it will modify the rules of the existing App Store. The revised rules will allow software developers to inform users of other payment methods outside the Apple ecosystem. It is reported that this is one of the contents of a class action settlement plan. The move marks a major concession for Apple in the face of antitrust investigations, allowing some online transactions to bypass the App Store in a third-party payment manner to avoid Apple's commission (30%). (E-commerce News)

8. China's data lake market in 2020: Amazon Cloud Technology ranks first

      According to the news on August 27, the "Research Report on the Current Situation and Development Trend of China's Data Lake Market in 2020~2021" recently released by Jishi Information shows that the market size of data lake products in 2020 reached 7.25 billion yuan, an increase of 28.5% compared with 5.64 billion yuan in 2019. According to the report statistics, Amazon Cloud Technology, Alibaba Cloud and Huawei Cloud are the top three manufacturers in my country's data lake product market share, with the total proportion of the three being close to 50%. Among them, Amazon Cloud Technology accounts for 20.3% of China's market share. (Yibang Power News)

Internet Information

9. Laiyifen's revenue in the first half of the year reached 2.1 billion yuan in online e-commerce revenue of 271 million yuan.

      According to August 29, Laiyifen recently released its 2021 semi-annual performance report. According to the financial report, in the first half of 2021, the company achieved operating income of 2.1 billion yuan, a year-on-year decrease of 1.72%; net profit of 108 million yuan, a year-on-year increase of 777.59%; net profit excluding non-net profit turned losses year-on-year, reaching 42.3278 million yuan. By channel, offline direct business achieved operating income of 1.532 billion yuan in the first half of the year, basically the same as the same period last year. Online, in the first half of 2021, Laiyifen's online e-commerce achieved revenue of 271 million yuan, a slight decrease from the same period last year. In the first half of the year, community business achieved operating income of over 160 million yuan, an increase of 80% year-on-year. (E-commerce News)

10. E-commerce companies are beneficial to the Ministry of Commerce and other six departments to further alleviate market entities' difficulties

      On August 30, the Ministry of Commerce and six other departments jointly issued the "Notice on Supporting Market Entities for Relief and Development of Market Entities such as Offline Retail, Accommodation and Catering, Foreign-invested and Foreign Trade". For offline retail, accommodation and catering, foreign-invested and foreign trade and other market entities that have been continuously affected by the epidemic, a series of targeted financial support measures such as strengthening inclusive financial services to meet the reasonable funding needs of enterprises, innovating and optimizing financing products and services, and optimizing export tax rebate processing.

      At the same time, it is clear that the connection between various departments will be strengthened, and difficult issues in the implementation of policies will be coordinated to ensure that the policies are effectively transmitted to market entities, so as to help market entities in relevant industries effectively respond to the impact of the epidemic and promote industry recovery and high-quality development. (Yibang Power News)