#Laogao E-commerce Newsletter# [October 15 E-commerce Morning Newsletter]

Morning news: Douyin e-commerce releases e-commerce content creation standards; JD Health Special Medical Food Industry Alliance was officially established; Guangdong's cross-border e-commerce import and export volume ranked first in the country for seven consecutive years; from January to September, cross-border e-commerce in Jiangyin Port Comprehensive Bonded Zone in Fuzhou exceeded 10 million votes; 2021 Top 100 Major Countries Innovation Index: Huawei, Alibaba, Tencent ranked in the top three...

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

E-commerce newsletter

1. SF Holdings' revenue in September increased by 16.794 billion yuan year-on-year

According to the news on October 15, the 2021 express service business brief released by SF Holdings on the evening of October 14, SF Holdings showed that SF's revenue in September reached 16.794 billion yuan, a year-on-year increase of 18.88%; the business volume was 886 million tickets, a year-on-year increase of 21.70%; the single ticket revenue reached 17.60 yuan, a year-on-year decrease of 4.71%; at the same time, the supply chain business revenue was 1.199 billion yuan, a year-on-year increase of 76.06%. (E-commerce News)

2. TikTok e-commerce publishes e-commerce content creation standards

According to October 14, Douyin E-commerce recently released the "E-commerce Content Creation Standards", grading content quality, implementing high-quality content incentive policies, and creating a high-quality content ecosystem. The specifications for creating content of Douyin e-commerce include "real, professional, credible and interesting". The platform encourages creators to describe truthfully and objectively, introduce products professionally, output valuable information to consumers, and create contents novel and friendly to meet consumers' diverse preferences. At the same time, Douyin e-commerce will create an ecological diversified identification system, comprehensively monitor the quality distribution and changing trends of the platform's content, provide support for high-quality content, and crack down on inferior content. (E-commerce News)

3. JD Health Special Medical Food Industry Alliance was officially established

On October 14, JD Health recently joined hands with ten partners including Nestlé Health Sciences, Nestlé, and Nudesia to establish the "JD Health Special Medical Alliance". It is reported that the alliance will introduce and produce special medical food suitable for the Chinese market in light of the global special medical industry development trend. In addition, the alliance will actively participate in social welfare undertakings and continue to pay attention to special groups such as children and the elderly. (E-commerce News)

4. Suning.com: It is expected to lose 3.9 billion to 4.3 billion yuan in the third quarter

According to October 14, Suning.com released its performance forecast for the first three quarters of 2021 today. Suning.com expects that in the third quarter, the net profit attributable to shareholders of listed companies will lose 3.9 billion to 4.3 billion yuan. If the impact of Suning Financial Services investment income and Carrefour were excluded, the net profit attributable to shareholders of listed companies in the third quarter was about 3.05 billion yuan to 3.45 billion yuan, which narrowed the net profit under the same caliber in the second quarter. (E-commerce News)

Cross-border newsletter

5. The United States plans to introduce a bill to prohibit Amazon and Google from favoring its own products and services

Klobuchar is chair of the U.S. Senate Judiciary Committee’s Antitrust Subcommittee, while Grassley is chair of the entire Senate Judiciary Committee. The bill will be one of a series of bills proposed by this Congress to limit tech companies. In June, the U.S. House Judiciary Committee passed six antitrust measures, most of which were intended to curb tech giants such as Google, Amazon, Apple and Facebook. The new bill, which will be introduced next week, will complement a measure previously passed by the House Judiciary Committee, Klobuchar's office said. (Yibang Power)

6. Guangdong's cross-border e-commerce import and export volume ranked first in the country for seven consecutive years

According to reports on October 15, data showed that from 2016 to 2020, Guangdong's cross-border e-commerce import and export volume increased from 22.796 billion yuan to 172.646 billion yuan, with an average annual growth rate of 65.9%, ranking first in the country for seven consecutive years. In 2020, Guangdong's import and export scale accounted for 22% of the country; at the same time, exports increased by 0.2%, which has maintained growth for four consecutive years, and the scale has hit a new record high. From January to August 2021, Guangdong's foreign trade imports and exports were RMB 5.24 trillion, an increase of 19.6% over the same period last year, accounting for 21.1% of my country's total import and export value during the same period. Among them, exports were 3.18 trillion yuan, an increase of 19.1%; imports were 2.06 trillion yuan, an increase of 20.5%. (E-commerce News)

7. TikTok deleted 81 million illegal videos in the second quarter, accounting for less than 1% of the uploads

According to techcrunch, TikTok said that between April 1 and June 30, 2021, the platform deleted a total of 81518,334 videos that violated community guidelines or terms of service, accounting for less than 1% of the total number of videos released. This also means that in the quarter, TikTok posted more than 8.1 billion videos, with an average of about 90 million videos posted every day. It is reported that TikTok launched a technology in July this year that can automatically delete content that violates platform policies. In its latest transparency report, TikTok said about 4.6 million of the 81 million deleted videos in the second quarter were restored. (E-commerce News)

8. From January to September, cross-border e-commerce in Jiangyin Port Comprehensive Bonded Zone in Fuzhou exceeded 10 million votes

According to the report on October 14, data from the Fuzhou Free Trade Zone Management Committee showed that from January to September 2021, the cross-border e-commerce operation volume of Jiangyin Port Comprehensive Bonded Zone in Fuzhou Free Trade Zone exceeded 10 million, with a total of 11.569 million votes operating, a year-on-year increase of 387.82%. It is reported that the Jiangyin Port Comprehensive Bonded Zone of Fuzhou Free Trade Zone was formerly Fuzhou Bonded Port Area, and it has officially launched cross-border e-commerce business since the end of 2016. Since 2019, cross-border e-commerce giants such as "JD.com", "Pinduoduo" and "Cainiao" have been introduced to the zone for development. In April 2020, the first "9610" export supervision warehouse in Fuzhou's cross-border e-commerce comprehensive pilot zone - Fuqing Xinyang Warehouse opened and operated. (E-commerce News)

Internet Information

9. Ctrip and Yichang Culture and Tourism Bureau signed a cooperation intention agreement

On October 14, the Hubei Yichang Cultural Tourism Marketing Cooperation Seminar was held in Yichang. Zhang Xu, general manager of Ctrip Group's government cooperation department, signed a cooperation intention agreement with the Yichang Municipal Bureau of Culture and Tourism on behalf of Ctrip. Next, Ctrip will build Ctrip Yichang Cultural Tourism official Planet flagship store through innovative marketing models. At the same time, we focus on government, enterprises, academic research, rely on the key laboratories of Ctrip's Ministry of Culture and Tourism, and work with governments and universities to cultivate and incubate tourism talents. Ctrip data shows that during the National Day holiday, Yichang ranked second in the proportion of tourism orders in Hubei province and municipal cities. The amount of tourism transactions in Yichang City increased by more than 30% year-on-year. (E-commerce News)

10. Top 100 Major Power Innovation Index in 2021: Huawei, Alibaba and Tencent ranked in the top three

From the perspective of comprehensive indicators, Huawei Group ranked first with a score of 70.42, surpassing second place Alibaba's score of 52.96. According to statistics, there are 3 companies with scores above 40 points, namely Huawei, Alibaba and Tencent; there are 15 companies with scores of 20-40 points. Judging from the comprehensive scores of various data in 2020, Huawei Group's innovation capabilities surpassed the rest of the world, with its innovation capabilities scored 47.14, followed by Alibaba, Tencent Holdings, China Mobile and JD.com, with scores of 35.39, 22.18, 16.60 and 16.08 respectively. (E-commerce News)