#Laogao E-commerce Newsletter# [E-commerce Evening News on April 9]

      #Laogao E-commerce News# [E-commerce Evening News on April 9] Evening News : Alibaba International Station: The order volume of New Trade Festival in March increased by 167% year-on-year; Ctrip: The prices of flights to Australia on May Day increased sharply, and the number of air ticket searches increased by 140% month-on-month; Douyin insiders: There is currently no plan to develop an independent e-commerce app.

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E-commerce newsletter

1. Tmall 2021 Spring and Summer New Fashion Report: 70,000 new Tmall apparel merchants have entered Tmall in the past three years

      According to the news on April 9, the "2021 Spring and Summer New Fashion Report" released by Tmall shows that from 2018 to 2020, 70,000 new clothing merchants entered Tmall to achieve sales of more than 100 billion, and more than 50 million new products were released; from April 2020 to April 2021, the transaction volume of 1,300 new clothing brands exceeded 46 billion, and 66 brands exceeded 100 million; the "Newcomer debut plan" launched by Tmall Clothing will help 300 new brands to sell more than 1 billion in annual sales of over 100 million in the next three years. It is reported that last year, 95 Tmall Clothing brands sold over 100 million, and more than 30 brands in the industry grew by more than 300% year-on-year. (E-commerce News)

2. In March this year, JD Fresh has been renovated and launched more than 50 traditional vegetable markets in Shanghai.

      According to the third eye, in March this year, JD Fresh has transformed and launched more than 50 traditional vegetable markets in Shanghai, covering areas including Xuhui District, Jing'an District, and Changning District. It is expected that starting from April, it will gradually promote the renovation of JD fresh vegetable markets in Fujian, Chongqing, Xi'an, Tianjin and other places. It is reported that at present, JD Fresh mainly transforms from four aspects: replacing vegetable market software facilities, equiping vegetable markets with system application specialists, outputting quality control capabilities, and promoting online and offline integrated omni-channel sales. (E-commerce News)

3. Xianyu: The average transaction price of graphics cards on the platform has increased by 1,060 yuan, and the "graphics card cooling-off period" is set to cool down

      According to the news on April 9, the Xianyu Index showed that the average transaction price of graphics cards in idle transactions has risen rapidly by nearly 1,060 yuan, nearly doubled compared with the same period last year. The transaction volume of graphics cards has risen for five consecutive months, and it has been soaring in March. In response, Xianyu will set up a "graphics card cooling-off period" to cool down, calling on users to purchase rationally. It is reported that due to the soaring price of Bitcoin, computer graphics cards that can be used for Bitcoin "mining" have increased. At the same time, the shipment of graphics cards has declined due to the shortage of chips, so people have turned to Xianyu to buy idle graphics cards. (E-commerce News)

4. Pinduoduo issued a clarification statement: There is no special cooperative relationship with Jitu

      On April 9, in response to the recent rumors that some Jitu Express outlets and staff conveyed to merchants during the development of customers, "Pinduoduo orders can be exempted from false shipment-related penalties and low probability of being punished", "There are Pinduoduo investments and the two parties have special cooperative relationships", Pinduoduo issued a clarification statement stating that there is no special cooperative relationship with Jitu Express, and the rumors of false shipment exemption from fine shipment are false. During the Spring Festival, the special guarantee cooperation between Pinduoduo and Jitu Express ended on February 22, 2021. Pinduoduo said that the platform will impose penalties on Jitu Express for increasing the business cooperation deposit, and urged Jitu Headquarters to regulate the misconduct of outlets and staff from the date of issuance of the penalty. (E-commerce News)

5. Ctrip: The price of flights to Australia on May Day has increased sharply, and the number of air ticket searches increased by 140% month-on-month

      According to the news on April 9, data from Ctrip showed that as of April 8, the total number of orders for Macau travel products booking through Ctrip platform during the May Day holiday has achieved a positive growth of 20% in 2019, an increase of 2 times compared with the same period in April. During the May Day holiday, the number of searches for flights in and out of Macau significantly exceeded 140% in the same period in April. Among them, Beijing, Qingdao, Wuhan, Tianjin, Changzhou, Shanghai, Ningbo, Chengdu, Hangzhou and Chongqing are popular departure cities to take the opportunity to Australia. In terms of air ticket prices, Ctrip data shows that the ticket prices of inbound and outbound flights in Macau are currently rising, and the average ticket price of economy class during May Day increased by more than 50% month-on-month in April. (E-commerce News)

Internet news

6. Henan Provincial and Municipal Supervision Bureau: A Taobao online store failed to conduct a product sales test

      April 9th ​​news, today, the official website of Henan Provincial Market Supervision Administration announced the "Notice on the Verification and Disposal Results of 1 Batch of Unqualified Foods". The notice shows that the dried tofu sold by Li Erni, a Taobao store operated by Longsheng Food Factory in Taiqian County, Puyang City, Henan Province, was tested by Qingdao Huace Testing Technology Co., Ltd. and its sodium salt (calculated as dehydroacetic acid) tests that the product's dehydroacetic acid and its sodium salt (calculated as dehydroacetic acid) do not meet the national food safety standards; the Puyang Municipal Market Supervision and Administration Bureau issued a warning to Longsheng Food Factory in Taiqian County, confiscated illegal income of 500 yuan and fined 10,000 yuan, and required them to make rectifications. (E-commerce News)

7. Honor Chairman Wan Biao: US$1 billion will be invested in R&D in 2021

      On April 9, Wan Biao, chairman of Honor Terminal Co., Ltd., said that Honor plans to use 7% to 8% of annual revenue as the company's investment baseline for R&D. According to reports, this year is the first year that Honor has become independent from Huawei, and Honor's investment in R&D will reach US$1 billion. It is reported that in November last year, Huawei sold Honor mobile phone business assets as a whole and no longer held any shares in the new Honor company. (Deep View News) (Sina Technology)

8. Douyin insider: There is currently no plan to develop an independent e-commerce app

      On April 9, in response to the rumors that "a separate e-commerce app is being developed within Douyin e-commerce", Douyin insiders revealed today that there is currently no plan to develop an independent e-commerce app. "We do not rule out trying various forms, but we have no conclusion on independent apps." According to recent media reports, executives such as Douyin e-commerce president Bob (Kang Zeyu) do not want to rely too much on Douyin's business, but use the Douyin App as the basis of the e-commerce business and conduct new explorations outside. The app is developed by the Shanghai Douyin e-commerce team and benchmark against top products such as Taobao or Tmall. (Source: Sina Finance)

Cross-border newsletter

9. Alibaba International Station: The order volume of New Trade Festival in March increased by 167% year-on-year

      According to the news on April 9, data from Alibaba International Station showed that during the New Trade Festival in March, the number of new buyers placed orders and paid by the platform doubled year-on-year, and the number of paying buyers increased by 125% year-on-year. During the event, the actual export volume of Alibaba International Station platform increased by 129% year-on-year, and half of the sellers participated in the online exhibition, and the order volume of the entire platform increased by 167% year-on-year. Judging from the increase in total transaction volume imported by various countries from China, the United States is still the fastest growing country, followed by the United Kingdom, Canada, Australia, Germany, the Netherlands, South Korea, Mexico, Japan, and Russia. (E-commerce News)

10. eMarketer releases the top 10 e-commerce websites in the United States: Amazon ranked first again

      According to April 9, recently, eMarketer released the rankings of US e-commerce platforms. Data shows that Amazon ranks first among the US e-commerce platforms, with annual sales of approximately US$367.2 billion in 2020, dominating the e-commerce industry; Walmart ranks second, with its sales being 6 times different from Amazon, at US$64.6 billion; eBay ranks third with sales of US$38.67 billion. It is reported that Amazon has always occupied the largest market share in the United States. At the same time, it began to invest in goods delivery, goods delivery and online groceries before the epidemic, which has driven the platform's sales to continue to grow. (E-commerce News)