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#Laogao E-commerce Newsletter# [October 18 E-commerce Morning Newsletter]

2021-10-18

Morning news: ZTO Express is facing the "Double Eleven" network; JD Logistics is selected as the first batch of national-level food emergency support enterprises; ZTO Cloud Warehouse reaches a strategic cooperation with cross-border Good Luck. It is said that Alibaba has launched the fashionable online shopping app "allyLikes" overseas; the Ministry of Industry and Information Technology will continue to deepen the special rectification actions of the Internet industry...




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E-commerce newsletter


1. Worth buying: In the first three quarters, net profit attributable to shareholders is expected to increase by 20%-35% year-on-year


According to October 18, recently, Wynn Buy released its performance forecast for the first three quarters of 2021, with an estimated net profit attributable to shareholders of RMB 102-115 million, an increase of 20%-35% year-on-year; among which the non-recurring gains and losses amounted to RMB 8.5-9.5 million, mainly due to the income obtained from government subsidies, additional deductions of value-added tax and cash management. The announcement of Worth Buy shows that during the reporting period, the net profit attributable to shareholders of listed companies increased year-on-year. The main reason is that the company adheres to the established development strategy and continues to promote various aspects of product, technology and consumer content construction, thereby promoting a stable growth in transaction amount and advertising revenue. (E-commerce News)


2. YTO held the 2021 peak season guarantee work meeting


According to October 18, on October 16, YTO Express held a 2021 peak season guarantee meeting at its Shanghai headquarters. The meeting made arrangements and deployments for the operation, network, security, service quality, employee care and other work during the peak season of the entire network. The meeting emphasized that it is a major political task of YTO to ensure the peak season service guarantee. The entire network must ensure safe, smooth and smooth operation of the peak season with the best condition and the most practical measures, and provide customers with safe, fast, convenient and reliable express delivery services. (E-commerce News)


3. ZTO Express’s entire network faces “Double Eleven”


According to October 18, on October 16, the "2021 Internet Operation Season Implementation Work Layout Meeting" in Beijing, Tianjin, Hebei, Shanxi and Inner Mongolia was held at the Tianjin Management Center. Group Chairman Lai Meisong attended the meeting and delivered a speech. More than 50 people attended the meeting by relevant persons in charge of the group's headquarters operation sector, general managers of various management centers in Beijing, Tianjin and Hebei, Inner Mongolia, operation management teams and representatives of some outlets. (E-commerce News)


4. JD Logistics has been selected as the first batch of national-level food emergency guarantee enterprises


On October 18, on October 16, World Food Day, the main venue event and national-level grain enterprise awarding ceremony organized by the National Food and Material Reserve Bureau, the Ministry of Agriculture and Rural Affairs, the Ministry of Education, the Ministry of Science and Technology, the All-China Women's Federation and other departments were held in Wuhan. 68 enterprises including JD Logistics became the first batch of national-level grain emergency guarantee enterprises. (E-commerce News)


Cross-border newsletter


5. From January to September 2021, Guangxi's cross-border e-commerce import and export transactions were 88.863 million votes


According to statistics on October 18, Guangxi completed 88.863 million cross-border e-commerce import and export transactions in the first nine months of this year. Among them, 84.42 million votes were exported to ASEAN countries, an increase of 2.8 times year-on-year. It is understood that in recent years, with the continuous deepening of cooperation between my country and ASEAN, Guangxi's cross-border e-commerce industry has ushered in new development opportunities. (Yibang Power)


6. ZTO Cloud Warehouse reaches strategic cooperation with cross-border Good Luck


According to October 18, recently, Zhongtong Cloud Warehouse held a strategic cooperation signing ceremony with Cross-border Good Luck. In the future, the two parties will carry out in-depth cooperation on cross-border warehousing and logistics, vehicle capacity, supply chain planning and customer resource sharing. It is understood that Zhongtong Cloud Warehouse is an omni-channel logistics supply chain service provider for chain merchants and consumers. It has fully completed its layout in e-commerce warehouse distribution, B2B store distribution, same-city cloud distribution, cross-border supply chain and other fields. (E-commerce News)


7. News says Alibaba launches fashion online shopping app "allyLikes" overseas


It is reported that the "allyLikes" app has a variety of fashionable clothes, and the prices are no different from the mainstream clothing products in China. Users can choose style, size and other information on the App to match the relevant products, select good products and pay for them, and allyLikes will be shipped to the user within two weeks. To attract users to trade, users can enjoy a 3 euro discount on their first orders on allyLikes, free delivery for orders over 19 euros, and more than 500 new items will be available every week. (E-commerce News)


8. Xiaomi President Wang Xiang: Gradually focus on expanding markets such as Latin America


On October 18, Xiaomi Group President Wang Xiang accepted an exclusive interview with China News Service and responded to the current hot topics of concern in the industry. Wang Xiang believes that Xiaomi’s early layout of the global market and subsequently expands overseas and creates market depth relatively quickly is the second most important reason why Xiaomi has become an industry winner in addition to improving its product strength. Regarding Xiaomi's business logic towards internationalization, Wang Xiang gave three experience summary, "From the near and then the far, easy and then difficult, and technical matching." Wang Xiang said that in the next step, Xiaomi's overseas market strategy is still to continue to do a good job in the European market, while gradually focusing on expanding markets such as Latin America. (E-commerce News)


Internet Information


9. The Ministry of Industry and Information Technology will continue to deepen the special rectification actions of the Internet industry


According to Xinhua News Agency, yesterday, Minister of Industry and Information Technology Xiao Yaqing said on the matter of "deeply promoting special rectification actions in the Internet industry" that at present, corporate compliance awareness has generally been enhanced, and some prominent problems have been initially resolved. It is worth noting that Xiao Yaqing said that the Ministry of Industry and Information Technology will continue to deepen the special rectification actions of the Internet industry, seize issues such as blocking URL links of instant messaging software, and further increase efforts. (E-commerce News)


10. Vans parent company and other companies have reached cooperation with Tmall New Product Innovation Center on the R&D of innovative new products


On October 17, according to the report of Tianxia Online Business, on the eve of Double 11 this year, Vans' parent company Weifu Group, Donghua University and Tmall New Product Innovation Center launched a "digital design innovation practice." Students at Donghua University will use TMIC's trend insights to design new century-old commemorative products for the Dickies brand under Weifu. Public information shows that Weifu Group has a history of more than a hundred years and is one of the world's largest garment listed companies. Its famous outdoor sports brands, The North Face, Vans and Dickies, etc. Public information shows that Tmall TMIC was established in 2017 and has reached in-depth cooperation with 150 groups around the world. (E-commerce News)



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