#Laogao E-commerce Newsletter# [E-commerce Morning News on September 23]

Morning News: Suning.com Mid-Autumn Big Data: The number of store orders nationwide increased by more than 65% year-on-year; Huabei: It will not cause loan difficulties after being connected to the central bank's credit reporting system; Amazon India has established two new distribution centers in Uttar Pradesh; Shopify introduced the streaming application Roku; Dianping sued users and credit merchants for hype in the first instance and received a compensation of 300,000 yuan...

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E-commerce newsletter

1. Suning.com Mid-Autumn Big Data: The number of store orders nationwide increased by more than 65% year-on-year

      According to September 22, Suning.com recently released the "2021 Mid-Autumn Festival Consumption Big Data". Data shows that during the three-day Mid-Autumn Festival holiday, Suning.com's national store order volume increased by more than 65% year-on-year, of which the year-on-year increase of 85% on September 20. Judging from the bulk consumption such as home appliances and home decoration, data shows that during the Mid-Autumn Festival, Suning.com's sales of high-end home appliances increased by 42% year-on-year, smart home appliances increased by 318% year-on-year, 8K ultra-high-definition TV online sales increased by 63% year-on-year, and 70-inch and above large-screen TV online sales increased by 86% year-on-year. In addition, during the Mid-Autumn Festival holiday, Suning.com's whole-house customization "delivery and decoration" orders hit a new high, an increase of nearly 107% year-on-year. (E-commerce News)

2. Alibaba Cloud releases the world's first cloud-defined storage product

      According to reports on September 22, it is reported that today, Alibaba Cloud announced a comprehensive upgrade of cloud storage services, and the performance of the newly released ESSD cloud disk has been greatly improved by 300% and the delay has been reduced by 70%. At the same time, Alibaba Cloud also introduced the latest "cloud-defined storage" new product. Local storage and public cloud storage use the same technical architecture, which allows users' local data and public cloud data to be stored on the same type of storage product. The newly launched Alibaba Cloud CDS has an architecture and technology consistent with public cloud storage, further integrating these product capabilities, which can help enterprises calmly respond to new business load challenges. (E-commerce News)

3. Huabei: It will not cause loan difficulties after being connected to the central bank's credit reporting system.

      On September 23, most Huabei users reported that they received a "service upgrade" prompt, and users need to sign a "personal credit inquiry and submit authorization letter". Huabei said that the normal use of Huabei will maintain good use and repayment habits, and the financial services you obtain will not be affected, nor will it lead to loan difficulties. (Yibang Power News)

4. Bili Bilian trademark registration international classification including communication services on Bilibili

      According to the news on September 23, Tianyancha APP showed that recently, Shanghai Huandian Information Technology Co., Ltd., an affiliated company of Bilibili Information Technology Co., Ltd., applied to register multiple "Bilibilian" trademarks, with international classifications including education and entertainment, communication services, etc., and the current trademark status is under application. (Yibang Power News)

Cross-border newsletter

5. Amazon India sets up two new distribution centers in Uttar Pradesh

      On September 22, Amazon India recently announced that it has expanded its delivery network in Uttar Pradesh and opened two new delivery centers in Lucknow. Currently, Uttar Pradesh has three Amazon distribution centers with storage capacity of more than 3 million cubic feet, a 9-fold increase from last year. It is understood that Amazon plans to increase its warehousing capacity across India by nearly 40% in 2021 to provide 43 million cubic feet of total storage capacity, and Uttar Pradesh's expansion is part of the plan. It is worth mentioning that recently, Amazon India announced the launch of a new distribution center in Bangalore to help the last-mile delivery network. (E-commerce News)

6. Xiangyang, Hubei has introduced 13 measures to promote the development of cross-border e-commerce

      On September 22, recently, the "Implementation Opinions of the People's Government of Xiangyang City on Promoting the Breakthrough Development of Cross-border E-commerce" was officially solicited for opinions, which clearly stated that Xiangyang City will issue 13 measures to increase support for cross-border e-commerce and promote the breakthrough development of cross-border e-commerce. It is worth mentioning that in June last year, the Ministry of Commerce issued the "Notice on Several Measures to Support the Accelerate Development of China (Hubei) Free Trade Pilot Zone", supporting Xiangyang and other places to carry out cross-border e-commerce retail import pilot projects. (E-commerce News)

7. Shopify introduces streaming application Roku

      September 22, according to zdnet, Shopify recently introduced the streaming TV app Roku on its platform, a move that can target audiences and provide marketing strategies for Shopify merchants to easily create TV advertising campaigns to increase brand awareness. It is understood that Shopify's app store has about 7,000 available applications and integrations. Roku's app is expected to be launched before the holidays. Shopify merchants need to add the Roku app from the Shopify app store, then select audience and campaign details, such as budget, time and duration, and upload creative content. In just a few minutes, the merchant can enable TV campaigns. (E-commerce News)

8. ByteDance will promote independent export e-commerce APP

      According to Zhixiang.com, ByteDance is testing an independent export e-commerce platform and plans to launch it in October 2021. Sources revealed that the standalone app will be similar to Alibaba's AliExpress. It is reported that as early as December 2020, ByteDance founder and former CEO Zhang Yiming mentioned in his internal goals that in 2021, it will focus on further exploration in three new business directions, including cross-border e-commerce, To B and LKP. Among them, cross-border e-commerce business is both import and export. People close to ByteDance said that cross-border e-commerce is one of the important sources of revenue for TikTok For Business. (E-commerce News)

Internet Information

9. Tencent’s latest response: Kandian Recruitment and merger with Sogou are both normal

      According to September 22, Tencent may officially announce the merger of Sogou this week. According to the plan, Tencent Kandian will absorb most of Sogou's business and employees. In response, Tencent responded to the media that Kandian's recruitment and merger with Sogou team are in normal progress. At the end of July 2020, Tencent issued a privatization offer to Sogou, intending to acquire Sogou with full capital. In mid-July this year, the State Administration for Market Regulation issued an announcement stating that Tencent’s acquisition of Sogou’s equity has been approved unconditionally. After the merger between the two parties is completed, Sogou will be delisted from the New York Stock Exchange and is an indirect wholly-owned subsidiary of Tencent. (E-commerce News)

10. Dianping sued users and credit merchants for hype first instance and received compensation of 300,000 yuan

      According to news on September 22, Tianyan Check information shows that recently, the first-instance civil judgments for unfair competition disputes such as Dianping's affiliated companies Shanghai Hantao Information Consulting Co., Ltd. and Qingdao Jianyifu Network Technology Co., Ltd. were made public. The judgment shows that the plaintiff Shanghai Hantao claimed that the defendant Qingdao Jianyifu organized hype user credit activities to make profits without authorization, destroying the Dianping company's evaluation system. The court held that the defendant Qingdao Jingfu conducted false transactions, praises, and speculation on credit for the purpose of profit, which constituted unfair competition and should bear corresponding civil liability. (E-commerce News)