#Laogao E-commerce Newsletter# [E-commerce Evening News on September 28]

Evening information: Tmall Double 11: More than 100 new products sold over 100 million yuan are expected to be born; Alipay launches the "National Day Travel Epidemic Prevention Package" to support one-click query of health codes and itinerary codes; Data: Amazon's domestic parcels in the United States in 2020 reached 4.2 billion pieces; Li Ning E-commerce's global headquarters settled in Shanghai Anting has a total investment of more than 600 million yuan.

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E-commerce newsletter

1. Tmall Double 11: More than 100 new products sold over 100 million yuan are expected to be born

September 28th news, today, Tmall announced its new product strategy for Double 11 this year, and is expected to produce more than 100 new products sold over 100 million, more than 1,000 new products sold over 10 million, and more than 8,000 new products sold over 1 million. Tmall said that on the eve of the new product launch, brands can first distribute samples through Tmall U to provide new product trials for young consumers and achieve planting. In addition, Tmall Xiaohei Box will provide full-cycle marketing services for the launch of new products. Data shows that Tmall Xiaohei Box has 180 million monthly active users, and the success rate of new product incubation in the past three years has increased from 5% to more than 60%. (E-commerce News)

2. Meituan data: The number of people who intend to travel during the National Day in 2021 increased by 49% year-on-year

On September 28, Meituan App recently released the consumption trend of the National Day Golden Week. Meituan data shows that the number of people who intend to travel in the National Day Golden Week in 2021 increased by 49% year-on-year compared with the National Day Golden Week in 2020, of which the year-on-year growth rate of people who intend to travel in the province reached 64%, higher than the year-on-year growth rate of people who intend to travel out of the province. Meituan said that Beijing will be the city with the largest net inflow of tourists this year on National Day, and it is also the top city with the fastest growing number of people as an intended destination for travel. Meituan introduced that Universal Studios, which has been open for a short time, is one of the reasons why tourists travel to Beijing. (E-commerce News)

3. Li Ning E-commerce’s global headquarters is located in Shanghai Anting’s total investment exceeds 600 million yuan.

September 28th news, recently, Anting Town, Jiading District, Shanghai and Shanghai Lining Sports Goods E-Commerce Co., Ltd. officially signed a contract with the Lining E-Commerce Global Headquarters and Smart Distribution Center Project. It is understood that the project is located at No. 448 Zhongbai Road, adjacent to Shanghai Civic Sports Park in the north, covering an area of ​​57,474 square meters, with a total investment of over 600 million yuan, and is expected to start construction by the end of this year. After completion, the e-commerce sector of the project can achieve sales of 7 billion yuan each year, the logistics sector can achieve output value of 800 million yuan, and the total tax revenue is expected to reach 150 million yuan. (E-commerce News)

4. Taobao adjusts the delivery time and transaction process of Double 11 in 2021

September 28th news, today, Taobao released the "Announcement on the Adjustment of the Shipping Time and Transaction Process of Taobao 2021 Double 11", which will make special provisions on the shipment time and transaction process of sellers during Double 11. If there is any other agreement on the delivery time, the agreement between the two parties shall prevail. In addition, Taobao has also adjusted the "confirmation of receipt timeout" and "refund/complaint process" in the transaction process. The announcement will take effect on the day.

Internet news

5. Alipay launches the "National Day Travel Epidemic Prevention Package" to support one-click query of health code itinerary

On September 28, the National Day Golden Week is approaching. In response to users' National Day travel needs, Alipay has launched a National Day travel epidemic prevention service package. Users search for "epidemic prevention travel" on Alipay and can check the authoritative "travel policies in various places", epidemic risks, and epidemic situation notifications. They also have practical functions such as one-page check of health code itinerary, peer self-check, nucleic acid testing inquiry, COVID-19 vaccination appointment, high-speed emergency services, and violation inquiry. It is reported that in order to further improve the user experience of citizens, the "Communication Big Data Itinerary Card" mini program is launched on Alipay. You can log in without verification within 14 days after one verification, making it more convenient to expand the itinerary card code. (E-commerce News)

6. Kuaishou E-commerce launches the "Treasure Basin" plan for off-site delivery solutions

September 28th news, recently, in order to help merchants develop and prepare for the 116 Quality Shopping Festival, Kuaishou E-commerce officially launched the "Capitalyze Basin" plan. The "Crocodile Basin" plan is a high-yield one-stop Kuaishou off-site delivery solution provided by Kuaishou official to merchants. Kuaishou official will provide subsidies and strategic support to provide off-site delivery services for on-site brands and merchants. It is understood that this year's Kuaishou's "116 Quality Shopping Festival" will last from October 20 to November 11, with the theme of "A Real Good Life". (E-commerce News)

Cross-border newsletter

7. eBay launches “eBay fulfillment” service in Australia

On September 28, eBay announced today that it has officially launched the eBay fulfillment by Orange Connex service in the Australian market. Through cooperation with logistics service provider Orange, Orange provides end-to-end, "one-stop" warehousing and distribution logistics services to sellers. According to reports, eBay fulfillment will ensure that orders sold before 4 pm Australian time will be shipped out on the same day, and will also provide both standard and fast delivery services. In addition, all transactions using eBay fulfillment will enjoy the seller protection policy. It is understood that in September last year and June this year, eBay launched eBay fulfillment in the German and British markets respectively, and Australia is the third market for this service. (E-commerce News)

8. Data: Amazon's domestic parcels reached 4.2 billion in 2020

On September 28, Pitney Bowes' annual shipping index showed that the total domestic parcels of FLM exceeded FedEx in 2020, reaching 4.2 billion pieces, ranking third in the United States. Data shows that Amazon's parcel volume has increased the most year-on-year, up 127% from 1.85 billion parcels in 2019, followed by U.S. Postal Service, FedEx and UPS. However, since most Amazon delivery services are free to Prime members, its domestic parcel revenue is much lower than FedEx's $58.3 billion. It is understood that recently, Amazon announced that it would expand its fast delivery service to four new cities in the United States, and the products will be delivered as soon as 5 hours. (E-commerce News)

9. SaaS ERP service provider "Wanliniu" announced that it has completed nearly 100 million yuan in round B financing

On September 28, recently, Wanliniu, an e-commerce SaaS ERP service provider, announced that it had completed a B round of financing of nearly 100 million yuan. This round of financing was led by Longteng Capital and followed by Erli33 Network Communications Co., Ltd. According to Chen Yaohui, founder and chairman of Wanliniu, this round of funds will be used to improve product capabilities, improve marketing systems, strengthen customer service systems and recruit talents. It is understood that Wanliniu is a SaaS software brand under Hangzhou Hupan Network Technology Co., Ltd., providing one-stop solutions for connecting global e-commerce platforms. At present, Wanliniu has set up more than 100 offline service outlets in the country, with a service scope covering more than 400 cities. (E-commerce News)

10. Thrasio received another $650 million in financing, which has exceeded $2.3 billion.

September 28th news, today, Thrasio received another $650 million in financing. As of now, Thrasio's total financing amount has exceeded US$2.3 billion, ranking first in the global Amazon brand merger and acquisition industry. Previously, several financial institutions including BlackRock, JPMorgan Chase, Goldman Sachs Asset Management and Royal Bank of Canada promised to provide credit financing to Thrasio. Thrasio received $500 million in January this year, and the additional $650 million credit line is a further addition to the commitment. As Thrasio expands its global brand acquisition transaction scale, over US$2.3 billion of funds will provide Thrasio with greater flexibility and liquidity. (Yibang Power News)