#Laogao E-commerce Newsletter# [E-commerce Evening News on September 17]

Evening News: Zhejiang Province's express delivery business volume reached 14.108 billion pieces in the first eight months, up 40.1% year-on-year; Taobao Live announced three major positive measures for Double 11 in 2021; Tencent applied to register trademarks such as "WeChat Pay Face Scanning Pass"; eBay Fulfillment launched local return warehouse services; Amazon: The ban on accounts is not aimed at Chinese merchants, and the policies are consistent around the world...

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

E-commerce newsletter

1. Dada Express Instant Delivery SaaS System Dada Intelligent Package Online

      September 17th news, today, Dada Express instant delivery SaaS system - Dada Smart Delivery was released. Dada Intelligent SaaS system provides integrated instant delivery system solutions for delivery service providers and brand merchants with self-delivery capacity, covering three major capabilities modules: omni-channel order access, order delivery management, and capacity management. At present, Dada Smart SaaS system has served hundreds of stores and delivery service providers such as JD Wine World, Qixian Supermarket, Jiujiang Liansheng, Scorpio Delivery, Chenxing Delivery, Bixin Delivery, etc. It is understood that as of the end of 2020, Dada Express Delivery Service has covered 2,700 counties, districts and cities across the country. (E-commerce News)

2. Zhejiang Province's express delivery business volume reached 14.108 billion pieces in the first eight months, up 40.1% year-on-year

      September 17th news, today, the Zhejiang Provincial Postal Administration disclosed the operation of the province's postal industry in August 2021. Among them, the cumulative business volume of the same city was 132.8093 million pieces, a year-on-year increase of 9.7%; the cumulative business volume of the off-site business volume reached 124.07.772 million pieces, a year-on-year increase of 43.0%; the cumulative business volume of the international/Hong Kong, Macao and Taiwan was 372.413 million pieces, a year-on-year increase of 105.9%. In August, the business volume of express delivery service enterprises in the province reached 1843.448 million pieces, a year-on-year increase of 26.7%; business revenue reached 10.42 billion yuan, a year-on-year increase of 20.8%. (E-commerce News)

3. Taobao Live announced three major positive measures for Double 11 in 2021

      According to September 17, Taobao Live today announced three new measures for Double 11 this year. Cheng Daofang, head of the live broadcast business department of Taobao Business Group, announced that he will focus on supporting the development of new ecosystems during Double 11, and help merchants and live broadcast institutions achieve leapfrog growth by expanding new marketing fields, launching new commercial products and investing new support resources to the ecosystem. Specifically, Taobao’s homepage will add a first-level entrance to live streaming to provide consumers with an immersive live streaming experience. In addition, Taobao Live will invest a lot of resources during Double 11 to help merchants and anchors grow rapidly, including new anchors with 30-day commission-free activities.

4. Douyin e-commerce: The recovery activities of Henan aid have helped sell 5.98 million Henan good products

      Data shows that during the event, more than 9,800 merchants actively participated, and Douyin e-commerce helped Henan sell 5.98 million local good products; the live broadcast room in the special area received a total of 390 million likes and 25.97 million comments. According to statistics, special agricultural products such as Henan sweet potatoes, Zhengyang Xiaobaisha peanuts, Xixia kiwi fruit, Qiuyue pear, Jiaozuo fresh dates, and Wenxian Tiebang yam are very popular. Among them, Henan watermelon red variety honey potatoes sold 140,000 jin in a single market. In addition, the newly launched steamed dried sweet potato gift box of Xianglaimei Food Factory in Queshan County, Henan Province on the 14th was sold for 250,000 yuan through live broadcast on the day it was launched. (E-commerce News)

Internet news

5. Tmall has fully upgraded its luxury channel Luxury Pavilion

      September 17th news, today, Tmall Luxury Pavilion channel was officially upgraded and renovated, integrating into four major sections: "True New", "Shopping", "Yunsu City" and "Equity Center". Users can select the event they are interested in to set "reminder" to get new product push as soon as possible. It is understood that Luxury Pavilion is the world's first exclusive luxury customization platform. As of April 2019, 100 brands have entered the official market, including Cartier, Gucci, Prada, Balenciaga, Armani, etc. Bain Consulting Report pointed out that the global luxury goods market shrank by 23% in 2020, but luxury goods consumption in China rose by 48%, with Tmall being a new channel for growth. (E-commerce News)

6. Tencent applies to register trademarks such as "WeChat Pay Face Scanning Pass"

      According to news on September 17, Tianyan Check information shows that on September 13, Tencent Technology Co., Ltd. applied to register multiple related trademarks such as "WeChat Pay Face Scanning Pass", "WeChat Pay Face Pass", "WeChat Face Pass", and "WeChat One Face Pass". The international classification involves financial property management, advertising sales, catering and accommodation, social services, medical gardening, etc. The current trademark status is mostly applied. (E-commerce News)

Cross-border newsletter

7. Global cross-border e-commerce B2B collection platform "XTransfer" completes the D round of financing

      On September 17, XTransfer, a one-stop foreign trade company, announced that it has completed a Series D financing, led by D1 Capital Partners, and the specific financing amount has not been disclosed. After this round of financing, XTransfer will comprehensively upgrade its product service system and increase R&D investment in emerging technologies such as big data and AI; at the same time, it will introduce outstanding talents to the world and continue to promote the global development of its business. As of July 2021, XTransfer has served more than 150,000 small and medium-sized foreign trade enterprise customers. It is worth mentioning that in January this year, XTransfer announced the completion of a C2 round of financing. (E-commerce News)

8. eBay Fulfillment launches local return warehouse service

      On September 17, eBay announced today that in order to help sellers simplify the return process and reduce the return costs, eBay fulfillment by Orange Connex provides local return warehouse services for all eBay sellers, providing platform protection for buyers' abuse of returns cases, and providing sellers and buyers with a faster and safe return experience. According to reports, the return service covers eBay sellers' main business markets, Germany, the United Kingdom and Australia, and has the advantages of convenient operation and free warehousing within 7 days. It is worth mentioning that eBay released its second quarter financial report for fiscal year 2021 last month. The report shows that eBay's net revenue in the second quarter was US$2.668 billion, an increase of 14% compared with the same period last year. (E-commerce News)

9. Amazon: The ban on account is not aimed at Chinese merchants, and the policy is consistent across the world

      On September 17, Cindy Tai, Amazon’s global vice president and Amazon Global Store Executive President of the Asia-Pacific region, said in an interview today that Amazon’s account ban this year is not targeted at Chinese merchants, "all merchants around the world are involved." Dai Yufei said, "Our policies are definitely consistent around the world, and the seller’s location has nothing to do with our policies." However, Amazon did not provide specific data on account bans worldwide during the same period this year. (E-commerce News)

10. Zara’s parent company: Online sales increased by 36% year-on-year in the first half of the fiscal year 2021

      On September 17, Zara's parent company Inditex Group recently released its financial report for the first half of the fiscal year. From February 1 to July 31, 2021, the group's revenue increased by 49% year-on-year to 11.94 billion euros; net profit recorded 1.273 billion euros, with a loss of 195 million euros in the same period last year. In the first half of the fiscal year, Inditex Group's online sales in local currencies increased by 36% year-on-year, up 137% compared with the same period in 2019. Among them, between August 1 and September 9, 2021, store and online sales denominated in local currencies increased by 22% year-on-year and 9% year-on-year. Inditex said it expects online sales to account for more than 25% of total sales in fiscal 2021. (E-commerce News)