#Laogao E-commerce Newsletter# [E-commerce Morning News on September 10]

      Morning news: Ctrip Group will release its second quarter financial report for 2021 on September 24; Orange Heart Preferred has stopped its business operations in Changzhou; Amazon's first launch of its own brand TV will be on sale in October; AliExpress Announcement: Cainiao Germany's official overseas warehouse is tight; AliExpress Announcement: Cainiao Germany's official overseas warehouse is tight...

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

E-commerce newsletter

1. Ctrip Group will release its second quarter financial report for 2021 on September 24

      September 9th news, Ctrip Group announced today that the company's board of directors Audit Committee will hold a meeting on September 23, 2021 to approve the company's financial results and their publication for the three months and six months ended June 30, 2021. After making the relevant announcement, the company's management will hold a conference call at 8:00 pm Eastern Time on September 23, 2021. (E-commerce News)

2. Alibaba cooperates with the Ministry of Industry and Trade Promotion Bureau of Vietnam to support Vietnamese small and medium-sized enterprises

      On September 10, according to the "Vietnam+" website on September 8, on September 8, the Ministry of Industry and Trade Promotion Bureau of Vietnam and Alibaba International Station jointly launched the "Work Together and Move Forward" project to support Vietnamese small and medium-sized enterprises to overcome the difficulties of the epidemic. The project will help Vietnamese small and medium-sized enterprises improve their e-commerce skills and develop "successful digital" thinking. The project will provide Vietnamese businesses with tailored solutions that will make them more accessible to the goal of “successful digitalization”. (E-commerce News)

3. News says that Liu Xiaogang, former CEO of NetEase Yanxuan, joined Meituan to be responsible for the group good products

      On September 10, Tech Planet exclusively learned that NetEase Yanxuan's former CEO/General Manager Liu Xiaogang recently joined Meituan to be responsible for its Tuan Goods business and reported to Wang Putongzhong, senior vice president and president of the Home Business Group. Recently, Tech Planet asked Meituan for specific work matters after Liu Xiaogang joined Meituan, and no reply was received as of press time. In July 2018, Meituan launched a flash purchase business, focusing on "30-minute delivery and 24-hour uninterrupted delivery". In December 2020, "Tuanhao Good Goods" was upgraded to the first-level entrance of Meituan App. Two months later, Meituan launched the independent Tuanhaohuo App. (E-commerce News)

4. Orange Heart Preferred has stopped operating in Changzhou area

      On September 9, Didi's community group buying business, Chengxin Youxuan, has stopped operating its Changzhou area business on September 8. The local operating personnel told the group leader that the operation of the Orange Heart Youxuan was stopped because of optimization and adjustment. The system automatically closed the group point on September 8, which did not affect the group leader's withdrawal. At the same time, the orders on September 8 will be delivered as usual. (First Financial Daily)

Cross-border newsletter

5. Apple appoints Apple Watch software development director to take over automotive projects

      On September 10, Apple reportedly appointed the head of software development for Apple Watch to take over the company's secret car project. Apple has hired Kevin Lynch to take over the company's highly confidential special project business, which allegedly includes the company's secret car-making project Project Titan, the report said. It is understood that since joining Apple from Adobe in 2013, Lynch has been working with the company and has been praised for developing the watchOS software used in the Apple Watch. Currently, Apple has not responded to a request for comment regarding Kevin Lynch's appointment. (E-commerce News)

6. Amazon's first launch of private-brand TVs will be available in October

      According to reports on September 10, Amazon released two TV sets on September 9, which is also the first time Amazon has launched its own brand TV and will be available in October. It is reported that these two TVs are Amazon Fire TV Omni Series and Amazon Fire TV 4 Series respectively. Each version is divided into different screen sizes and all support 4K video. Next month, the TVs will be sold through Amazon and Best Buy. Among them, the Fire TV 4 Series is an economical version, with a starting price of US$369.99 and a maximum price of US$519.99. The Fire TV Omni Series is a high-end model with a starting price of $409.99 and a maximum price of $1099.99. (E-commerce News)

7. Former Walmart executives plan to spend $400 billion to build a new city

      September 9th news, recently, American billionaire and former Walmart executive Marc Lore shared his vision for a new American city, which will cost $400 billion to build a new city called Telosa. It is reported that the new city will be designed as a sustainable metropolis located in a desert somewhere in the United States. Currently, urban planners are considering Nevada, Utah, Idaho, Arizona and Texas. Telosa’s goal is to be eco-friendly, using sustainable energy and water. The city will eventually expand to 150,000 acres and support a population of 5 million. (E-commerce News)

8. AliExpress Announcement: The official overseas warehouse of Cainiao Germany is tight

      September 9th news, recently, AliExpress issued an announcement stating that due to the tight warehouse capacity, the 4PX German warehouse has closed the entrance to the new warehouse entry order from September 10, 2021 Beijing time, and the official warehouse orders for goods that have been put on the shelves in the warehouse will not be affected. However, the receipt and release time limit of goods that have been in transit or have arrived in 4PX Germany's first warehouse will be affected to a certain extent. The specific time limit shall be subject to the actual operation of the warehouse; if possible, it is recommended that the seller contact the Touteng service provider to directly transfer to the second warehouse of 4PX Germany. AliExpress also pointed out in the announcement that if the seller has the need to prepare Cainiao Germany's official overseas warehouse in the near future, it is recommended to arrange the 4PX German second warehouse directly into the warehouse. (E-commerce News)

Internet Information

9. Tencent All Employees Letter: The 50 billion yuan fund of the "Special Plan for Common Prosperity" starts and falls today

      According to September 9, Tencent issued a letter from all employees today, stating that the first phase of the 50 billion yuan of funds previously invested in the "Special Plan for Common Prosperity" will be implemented from this year's 99 Charity Day. On September 5, China Charity Day, 99 Charity Day also added the theme day of "Common Prosperity" and Tencent Foundation donated a total of 160 million yuan to help post-disaster reconstruction, rural revitalization, vulnerable people and other related projects, focusing on covering many underdeveloped areas such as the central and western regions and mountainous rural areas. (E-commerce News)

10. Tianyan Check: "Luikung Coffee" related companies have added 11 new companies every week this year

      According to the news on September 10, data from Tianyancha APP showed that as of August 31, 2021, nearly 400 new companies in China with "Luckin Coffee" have been added this year, with an average of about 11 new companies per week.

      From the perspective of regional distribution, Luckin Coffee-related companies have the largest number of new companies in Guangdong Province, with more than 60, followed by Zhejiang Province and Shanghai. Previously, in 2019, the number of domestic Luckin Coffee-related companies increased by more than 2,100 throughout the year, with an average of about 40 new companies per week.