#Laogao E-commerce Newsletter# [E-commerce Evening News on September 13]

      Evening information: Taobao will add "Taobao Platform Pet Product Dispute Handling Standards"; Tmall plans to add "Tmall "Free Distribution Festival" Service Rules" for fishing rod products; Gome True Happy releases the "New Product First Show Plan"; Taoxiaopu: Product Trading and other functions will be stopped on October 11; e-commerce company Shopee will launch short video applications...

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

E-commerce newsletter

1. Taobao will add "Taobao Platform Pet Product Dispute Handling Specifications"

      September 13th news, recently, Taobao issued an announcement stating that Taobao will add the "Taobao Platform Pet Product Dispute Handling Standards", which will officially take effect on September 17, 2021. At the same time, Taobao has also added new criteria for pet merchants to fail to fulfill their commitment to provide jobs, and clarified criteria for reissue products. A new initiative has been added to protect pet welfare and respect pet life and dignity. (E-commerce News)

2. Tmall plans to add the "Tmall "Free Festival" Service Rules" for fishing rod products

      On September 13, Tmall issued an announcement today stating that in order to further enhance the service experience of consumers purchasing fishing supplies on Tmall, the platform plans to add the "Tmall "Free Distribution Festival" Service Rules" for fishing rod products. This rule will be announced on September 13, 2021 and will come into effect on September 20, 2021. According to reports, the "free festival" service refers to the merchant's commitment to provide a one-time re-issue service for goods with the "free festival" service logo for goods with the "free festival" service during the validity period of the service. The service validity period refers to 180 natural days from the date of receipt of the product. (E-commerce News)

3. Gome Really Happy Releases "New Product First Show Plan"

      According to September 13, on September 10, Gome True Happy held an online press conference on the "New Product First Show Plan". According to reports, the "New Product First Show Plan" will be committed to building an important position for young people to pursue "new" and a new brand product launch. The first wave of new products debuts consists of four core links: "Trendy distribution center", "New domestic products", "You look a little delicious" and "Quality New Life", involving trendy toy brands, domestic products, food brands, and quality brands. It is understood that on January 21 this year, Gome held a press conference for the official operation of the "True Happy" APP premiere version, officially entering the field of entertainment e-commerce. (E-commerce News)

4. Live e-commerce has spawned new careers and rapid development. Kuaishou has issued the first batch of professional trader qualification certificates.

      On September 13, Kuaishou E-commerce recently held the 2021 Kuaishou E-commerce 116 merchant conference in Hangzhou, moved the live broadcast room to the conference site, and staged a trading reality show exam. Professional traders helped small and medium-sized anchors challenge the hot selling of 2 million yuan in 2 hours. More than 200 service providers "examiners" and more than 10,000 online ordinary anchors passed the online live broadcast to assess the service provider's ability. After the assessment, the first batch of live e-commerce traders professional qualification certificates were awarded. (E-commerce News)

Internet news

5. Meituan flash sale layout forward warehouse responded that it was just a business exploration

      On September 13, according to Lujiu Finance, Meituan flash sales have laid out forward warehouses in some cities and urban areas, accurately match SKUs based on Meituan's backend data, and all sales are on Meituan's line to accelerate the progress of Meituan's home layout. At present, all test forward warehouses are self-operated by merchants, Meituan only provides guidance on business strategies, and the warehouse supply chain is owned by merchants. In response, Meituan responded that it was just a business exploration and could not be said to be a layout. Currently, there are more than 400 stores in the forward warehouse, with an average daily sales of more than 14,000 yuan and an average daily order of more than 270, covering more than 40 cities. (E-commerce News)

6. Taoxiaopu: Commodity trading and other functions will be stopped on October 11

      According to news on September 13, Taobao information showed that on September 12, Taoxiaopu issued a notice of the invalidation of relevant rules. The announcement stated that due to business strategy adjustments, commodity trading and other related functions will be stopped on the evening of October 11, 2021. The announcement recommends that Taobao users withdraw their account balance in a timely manner before November 25, 2021 and use the relevant rights and services in their accounts. By then, the rules will be invalid synchronously. (E-commerce News)

Cross-border newsletter

7. E-commerce company Shopee will launch short video applications

      According to reports on September 13, Shopee, an e-commerce company under Donghai Group, will launch a short video application in the Southeast Asian market, benchmarking TikTok, a short video product under ByteDance. According to reports, Shopee was founded in 2015 and has now expanded from its headquarters in Singapore to multiple Southeast Asian countries. In the past two years, it has also achieved the highest number of mobile phone downloads in Brazil. In addition to Southeast Asia and Latin America, Shopee will also make its way to India and Europe. It is worth mentioning that according to App Annie data cited in Shopee's parent company's financial report, in the second quarter of this year, Shopee's average monthly active users and total user usage time continued to rank first in shopping applications in Southeast Asia and Taiwan. (E-commerce News)

8. Google Pay will launch digital wallet app by the end of 2021

      September 13th news, according to the Jerusalem Post, Google Pay will launch its digital wallet app in Israel by the end of 2021 after Apple Pay was successfully launched in Israel. In early September, Google Pay signed an agreement with Bank Leumi and Max credit card departments, where Google Pay digital wallet users can make payments via mobile phones at the store of contactless EMV payment terminals. The latest data shows that Apple Pay is the most widely used digital wallet in the world, with about 400 million users, while Google Pay has about 150 million users. Google Pay's entry into the market will become a turning point in digital wallet application technology. (E-commerce News)

9. The transaction of Roadie, the delivery platform on the day of UPS acquisition, will be completed in the fourth quarter of this year

      On September 13, on September 10, Eastern Time, United Parcel announced that the company signed an agreement to acquire the same-day delivery platform Roadie, officially entering the same-day delivery service market. Regarding this acquisition, both parties did not disclose the terms and conditions of the acquisition transaction, and the transaction is expected to be completed in the fourth quarter of 2021. Roadie will continue to operate independently, and its packages will not enter the UPS network. UPS said that Roadie's leading technology combined with UPS's products will open the door to new growth opportunities. Roadie's technology platform will also provide opportunities to improve existing and potentially add additional UPS small package features. (E-commerce News)

10. Portcast, a new generation of logistics management system, received $3.2 million investment

      September 13th news, Portcast, a new generation of logistics management system, announced that it had received a US$3.2 million Series A financing. Headquartered in Singapore, Portcast serves clients in Asia and Europe, with some of the funds going to expand the market. The Portcast platform enables real-time tracking of freight through data collected from various sources, predicting factors that may affect transportation. According to reports, globally, Portcast tracks more than 90% of sea freight and 35% of air freight and can predict the demand for 30,000 trade routes. Portcast also plans to launch Order Visibility at the end of this year, a feature that tracks specific SKUs and ensures that goods arrive faster. (E-commerce News)