#Laogao E-commerce Newsletter# [October 22 E-commerce Morning News Brief]

Morning information: JD Home Appliances 11.11 pre-sale rankings are released. Haier tops the list of all categories; the total number of JD Logistics Asia No. 1 smart parks will increase to 38 on Double 11; Amazon launches local sales services: physical store sellers will provide self-pickup in the store; COSCO Shipping Logistics and CITIC Metals signed a joint venture agreement; Douyin: Focus on rectifying problems such as "reincarnation" of illegal and irregular accounts...

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

E-commerce newsletter

1. The total number of JD Logistics Asia No. 1 smart parks will increase to 38

On the day of the good start on November 1, consumers in 30 provinces and more than 200 cities across the country will have the opportunity to experience the fastest minute-level delivery experience as long as they purchase pre-sale products on the JD platform. It is worth mentioning that on JD.com's 11.11 this year, the total number of JD.com Logistics Asia No. 1 smart parks will increase to 38, a new record. Since 2020, JD Logistics smart express delivery vehicles have covered 25 cities across the country and completed 2 million orders.

2. Suning.com Logistics officially put into use the largest home improvement warehouse in East China

On October 21, on October 20, Suning.com Logistics’ largest home decoration smart warehouse and distribution center in Shaoxing, Zhejiang was officially put into use. The warehouse and distribution center has a management area of ​​nearly 150,000 square meters, with an average daily throughput of over 10,000 pieces and a peak of over 100,000 pieces. It can undertake the full-category home decoration business and provide one warehouse nationwide full-link home decoration logistics services for warehouse, transfer, transportation, distribution and installation. At present, Suning.com Logistics has reached in-depth cooperation with many mid-to-high-end home decoration brands such as IKEA, Xilinmen, Hengjie, and Mussi, and at the same time, it has attracted platforms such as Tmall and Cainiao to settle in Shaoxing warehouses to deepen strategic cooperation. (E-commerce News)

3. Tmall Double 11: More than 200 luxury brands are officially involved

It is understood that more than 200 luxury brands have officially participated in Tmall Double 11 this year, and more than 100,000 luxury limited and customized new products will be launched during the pre-sale period. In addition, Tmall Luxury’s interactive gaming sector “Yun Luxury City” has attracted more than 30 luxury brands to join. This year, consumers can experience AR tests, AR shoes, etc. At the same time, many luxury after-sales services that could only be completed through offline stores in the past can be experienced on Tmall this year by Double 11. (E-commerce News)

4. JD Home Appliances 11.11 pre-sale rankings are released. Haier tops the list of all categories

On October 21, the pre-sale of JD Home Appliances 11.11 was officially launched at 8 pm on October 20. Judging from the "JD Home Appliances List" from 20 to 24 pm on the night of pre-sale, Haier ranked first in the pre-sale list of all categories, and Siemens and Little Swan ranked second and third. In the air conditioning list, Gree, Midea and Haier are still the top three in strength, and domestic brands account for 80%. In the refrigerator list, Siemens ranked first, and the four major domestic brands Haier, Rongsheng, Casarte and Midea ranked second to fifth. It is reported that JD Home Appliances 11.11 has launched huge benefits and service guarantees such as a maximum discount of 2,000 yuan, interest-free for the final payment of 12 periods, and a 30-day price guarantee. (E-commerce News)

Cross-border newsletter

5. Amazon launches local sales services: physical store sellers will provide in-store pickup

According to reports on October 22, Amazon has developed simultaneously online and offline. It has recently launched a new service called "Local Sales", which allows local or regional retailers who join the Amazon platform to deliver goods to consumers' homes through couriers, and can also provide self-pickup in the store. Through this service, third-party sellers will be able to provide consumers with self-pickup in the store within specific U.S. zip code areas. In some cases, consumers can pick up goods at the retailer's physical store on the same day when shopping online on Amazon. (E-commerce News)

6. Indian social media platform Lokal received $12 million in financing and led by Tencent

On October 21, an insider revealed that India's hyperlocal social media platform Lokal raised $12 million in a new round of financing, led by Chinese Internet giant Tencent, and followed by existing investors 3one4 Capital, Y Combinator and India Quotient. It is understood that Tencent has invested more than US$2 billion in Indian startups since 2016, and has also invested more than US$200 million in Indian social media platform ShareChat this year. (E-commerce News)

7. COSCO Shipping Logistics and CITIC Metals signed a joint venture agreement

On October 21, COSCO Shipping Logistics and CITIC Metals signed a joint venture agreement and officially acquired a stake in CITIC Wutong Port Supply Chain Management Co., Ltd. The two sides will deepen innovation and cooperation in the fields of logistics, technology and supply chain finance, create a new supply chain service model, and establish a platform operation mechanism of "external sensitivity, visualization, internal specialization and refinement", so as to make more contributions to serving the industrial chain and supporting the development of the real economy.

8. Amazon will open a large logistics center in Murcia covering an area of ​​160,000 square meters

According to October 21, foreign media recently reported that Amazon announced that it would open a new logistics center in Murcia. In response, Fred Pattje, director of Amazon's Spanish logistics and distribution department, said that Murcia is a key strategic location for Amazon to establish a business in Spain, which not only enables parcels to reach consumers faster, but also provides sellers with larger inventory. It is understood that Amazon launched the Spanish station in 2011 and currently has more than 30 network centers in Spain, and plans to increase to 40 by the end of 2021. (E-commerce News)

Internet Information

9. Luckin Coffee's revenue in the first half of the year increased by 106% year-on-year

On October 22, Luckin Coffee released its first half of 2021 financial report, with total net revenue of RMB 3.1825 billion, an increase of 106.0% compared with RMB 1.5445 billion in the same period last year. The net loss was 211.4 million yuan, a decrease of 86.4% compared with the net loss of 1.5552 billion yuan in the same period last year. In accordance with US General Accounting Standards, the net loss was RMB 84 million, compared with the net loss of RMB 1.5389 billion in the same period last year. In the first half of the year, its average monthly transaction number was 10.5 million, an increase of 35.1% from 7.8 million in the same period last year. The total number of stores is 5,259, including 4,018 self-operated stores and 1,241 cooperative stores. As of the first half of 2020, there were 4,267 self-operated stores and 824 partnership stores. (E-commerce News)

10. TikTok: Focus on rectifying problems and behaviors such as "reincarnation" of illegal and irregular accounts

On October 22, Douyin officially issued an announcement on the implementation of account operation governance actions. Douyin said that this governance action focuses on rectifying problems and phenomena such as "reincarnation" of illegal and irregular accounts, illegal account information, false fans of big V accounts, malicious marketing/hype accounts, and providing game account rental services to minors. The Douyin Security Center continues to increase its discovery and crackdown on "reincarnated accounts" and "reborn accounts", improves the mechanism for banning account blacklists, and strictly prohibits banned accounts from registering again using other evasion methods. All illegal accounts found will be dealt with strictly. (E-commerce News)