#Laogao E-commerce Newsletter# [E-commerce Morning News on September 22]

Morning News: Uber expects to achieve profitability ahead of schedule, stock price rose by more than 11%; Luma Mama released the "2021 Mid-Autumn Festival Travel Review Report"; AliExpress Announcement: AliExpress Worry-free Logistics-Standard" American small parcel general cargo line freight change; 2021 China Cross-border E-commerce Fair will be held in Guangzhou from September 24 to 26; China's first Sam's flagship store officially opened in Shanghai on September 26...

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

E-commerce newsletter

1. Uber expects to achieve profitability ahead of schedule and stock price rises by more than 11%.

      Uber said it expects total bookings for the quarter to be adjusted from $22 billion to $24 billion in the second quarter to $22.8 billion to $23.2 billion. After the document was released, Uber rose 11.49% to $44.36 per share as of the close, with a total market value of $83.59 billion. Uber also said that it currently expects adjusted profits after deducting interest, taxes, depreciation and amortization to range from a loss of $25 million to a profit of $25 million, and Uber had previously expected adjusted profits before interest, taxes, depreciation and amortization in the third quarter to be higher than a loss of $100 million. Looking ahead, Uber reiterated that it should achieve profitability in the fourth quarter based on adjusted earnings before interest, tax, depreciation and amortization. (E-commerce News)

2. JD.com helps Fujian's first batch of materials to fight the epidemic arrive in Putian Xianyou

      On September 21, yesterday, the official Weibo account of Xianyou Daily published an article saying that the first batch of anti-epidemic materials donated by JD.com have successfully arrived in Xianyou County, Putian City, Fujian Province, and subsequent batches of materials will also arrive one after another in the near future. According to relevant personnel from the Xianyou County Red Cross Society, JD.com will donate a total of about 500,000 yuan this time, and the first batch of arriving materials will be mainly sent to the front line. It is worth mentioning that within JD.com, there is always a regulation on disaster relief: when a disaster occurs anywhere in the country, the managers near JD.com's warehouses do not need to report, that is, they have the right to donate the materials needed in the disaster area in the warehouse. (E-commerce News)

3. Tuniu released the "2021 Mid-Autumn Festival Travel Review Report"

      September 21, today, Luma Travel Network released the "2021 Mid-Autumn Festival Travel Review Report". The report shows that during this Mid-Autumn Festival holiday, the city tours, city outings and surrounding tours within the province are the most popular in my country's "three-hour" travel circle, among which parent-child family tourists are the main force. As for long-term travel and cross-provincial travel, stimulated by the low air ticket prices, there are more people born in the 1990s and 2000s. The report also shows that due to the popularity of the opening of Universal Studios in Beijing, large theme parks in many places across the country have become hot spots for tourism during the Mid-Autumn Festival holiday, among which theme parks account for more than half of the top ten popular scenic spots in the country.

4. JD.com and First Financial News released the "2021 Employee Welfare Insight Report"

      September 20th news, it is reported that recently, the "Dedication to the Asian Games to deliver dreams" YTO Express helped the Asian Games football dream charity project launch ceremony was held at the Hangzhou Olympic Sports Center. As a sub-project of the large-scale charity action of "Find 2022 Asian Games Dreams", the "Asian Games Football Dreams" charity donation plan will support the 2022 "Asian Games Football Dreams School" in Asia through equipment support, course donations, growth companionship, football friendly matches and other forms before the arrival of the 2022 Hangzhou Asian Games. Up to now, the Hangzhou Asia Organizing Committee has received registration applications from more than 1,500 schools across Asia and has completed donations from 472 schools. (E-commerce News)

Cross-border newsletter

5. AliExpress Announcement: AliExpress Worry-free Logistics-Standard" American small parcel general goods line freight change

      September 21st news, recently, AliExpress platform released the "AliExpress Worry-free Logistics-Standard" US small parcel general goods line price adjustment notice. The announcement pointed out that the announcement takes effect from 0:00 on September 21, 2021, Western Time, and the online shipment logistics orders created by sellers will be settled according to the new quotation. It is worth noting that the seller needs to adjust the relevant freight template as soon as possible according to his or her own situation and properly arrange the transportation plan of the goods. (E-commerce News)

6. The 2021 China Cross-border E-commerce Fair will be held in Guangzhou from September 24 to 26

      According to reports on September 21, it is reported that the 2021 China Cross-border E-commerce Fair will be held in Area B of the Guangzhou Canton Fair Exhibition Hall from September 24 to 26. According to reports, the exhibition area of ​​this Cross-Term Fair exceeded 100,000 square meters, and exhibition areas such as cross-border e-commerce comprehensive service providers, comprehensive pilot areas, cross-border e-commerce suppliers, etc., bringing together the entire chain of cross-border e-commerce platforms, logistics, payments, services and suppliers of various categories. (E-commerce News)

7. Amazon responds to Indian employee bribery scandal: zero tolerance for corruption

      It was previously reported that Amazon had launched an internal investigation into allegations of bribery in its Indian business. The investigation stems from an internal whistleblower in Amazon revealing alleged bribery issues in its Indian business, saying the company paid legal fees for bribery by its Indian representatives, prompting the company to start an internal investigation. One of Amazon’s senior legal counsel has been suspended, according to two employees of Amazon’s internal legal team. Amazon has begun investigating the actions of its legal representatives in India, the report quoted people familiar with the matter as saying. (E-commerce News)

8. Bezos promises to donate $1 billion this year for environmental protection

      September 21 news, according to CNBC, on Monday, Amazon founder Jeff Bezos announced that he would allocate $1 billion from his $10 billion charitable fund for environmental protection, with the goal of protecting 30% of the earth's land and oceans by 2030 to prevent mass extinction of life. For now, the fund said it will prioritize “regions that are important for biodiversity and carbon reserves and will highlight the central role of local communities and indigenous people in conservation efforts”. The fund went on to say the charity will focus on protecting the Congo Basin, the tropical Andes and the tropical Pacific. (E-commerce News)

Internet Information

9. Yunda International Guangzhou Export Container Headquarters Warehouse officially launched

      According to the official WeChat account of Yunda International, the Yunda International Guangzhou Export Consolidation Headquarters warehouse was officially put into use recently. According to reports, this is another important city export transportation warehouse added by Yunda International. It is located in Huadu District, Guangzhou, covering an area of ​​nearly 3,000 square meters. It is understood that Yunda International adopts a Chinese-English integrated transportation system, with one-on-one service, providing customers with collection, inspection, merger and packaging, and collection and warehousing services. Yunda International can provide international scattered order services, dedicated line parcels, export transportation services and other services in 108 international and regional areas. (E-commerce News)

10. China's first Sam's flagship store officially opened in Shanghai on September 26

      According to reports on September 20, China's first Sam's flagship store is scheduled to be officially opened in Waitaoqiao, Pudong at 8 a.m. on September 26. According to reports, this country's first flagship store is located at No. 588, Wan'an Street, Pudong New District, Shanghai. It is located in the Waigaoqiao section of Shanghai, close to Wuzhou Avenue and Dongjing Road. The total construction volume of the project is about 70,000 square meters, including the largest single-story Sam's store in China, and a service area covering catering, entertainment, life and education fields. According to the store, this flagship store will be open only to Sam members. (E-commerce News)