Morning News: Tmall Double 11 data: sales of 411 small and medium-sized brands exceeded one million last year to exceed 10 million this year; JD International's overall transaction volume increased by 11 times year-on-year in the 4-hour opening of JD Double 11; Southeast Asian e-commerce platform Lazada will have 800,000 merchants participating in Double 11 this year; Xiao Jun, vice president of JD Group and president of JD Logistics X business unit, has resigned...
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1. Tmall Double 11 data: sales of 411 small and medium-sized brands exceeded one million last year to exceed ten million this year
According to news on November 11, Tmall Double 11 data showed that as of 0:45 on November 11, 411 small and medium-sized brands with transaction volume exceeding one million last year, with sales exceeding tens of millions this year; and 40 brands with transaction volume of tens of millions last year, with transaction volume exceeding 100 million yuan this year. In addition, from November 1 to 0:45 on the 11th, 382 brands have sold more than 100 million yuan on Tmall Double 11. In addition, less than 2 hours after Tmall Double 11 pre-sales were launched this year, and sales volume reached 1 million units per book, with a pre-sale of nearly 130 million yuan, 10 times more than the same period last year. (E-commerce News)
2. JD.com's overall transaction volume increased by 11 times year-on-year in the opening 4 hours of JD.com Double 11
According to news on November 11, JD.com data showed that from 8 pm on November 10 to 0 pm on November 11, JD.com's overall transaction volume increased by 11 times year-on-year, and nearly 1,000 imported brands increased by more than 100% year-on-year. In addition, the transaction volume of JD International's third-party merchants increased by 646% year-on-year; the total transaction volume of JD's own brands increased by 122% year-on-year; the total transaction volume of JD.com's total transaction volume increased by 156% year-on-year; the transaction volume of JD.com's home appliances increased by more than 6 times year-on-year; the transaction volume of JD.com's luxury shoes and boots increased by 230% year-on-year, and the transaction volume of luxury clothing increased by 180% year-on-year. (E-commerce News)
3. Xiaomi Double 11: As of 0:30, the cumulative sales of wearable products exceeded 2 million pieces through all channels
On November 11, Zeng Xuezhong, senior vice president of Xiaomi Group, released the Xiaomi Double 11 battle report express: As of 00:30:00 on November 11, the cumulative sales of wearable products across all channels exceeded 2 million pieces. It is reported that on the afternoon of November 5, Xiaomi's official Weibo account released a message that as of 18:21:07 on November 5, Xiaomi's omni-channel payment amount exceeded 10 billion yuan. (E-commerce News)
4. Suning.com Double 11 Half-hour Battle Report: Smart home improvement sales increased by 88% year-on-year
Starting from 0:00 on November 11, the "One City, One Store" event launched by Suning, which links online and offline store resources, officially launched. Suning's 91 Suning.com stores in 69 cities across the country launched a one-day discount event of a 60% discount on big-name home appliances. Users can participate in the Suning.com APP or in the store. (E-commerce News)
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5. Port logistics Internet platform Boxun Consolidation completed a Pre-A round of strategic financing of tens of millions
According to 36Kr, recently, the port logistics Internet platform - Bomeng Jiyun has completed a pre-A round of strategic investment of tens of millions of yuan invested by CIMC Industrial Fund. This round of financing will be mainly used for team building and other port expansion. According to reports, Boxun Convergence provides customers with fleet SAAS, TMS, vehicle-to-cargo matching, after-vehicle services, full-industry chain software products, paperless paper-free paper, automation equipment and other services. It has currently covered more than 3,000 truck fleets and 40,000 drivers in 20% of the country's container truck fleet. It is estimated that in 2021 and 2022, the revenue scale of Bomeng Converged Transport will reach 1 billion yuan and 3 billion yuan respectively. (E-commerce News)
6. U.S. Department of Justice sued Uber: suspected of charging waiting fees to people with disabilities
According to foreign media reports, on Wednesday local time, the U.S. Department of Justice announced that it had filed a lawsuit against Uber, a taxi company, because Uber was suspected of charging waiting fees to people with disabilities. The Justice Department believes Uber violates Chapter 3 of the Americans with Disabilities Act, which prohibits private transportation companies from discriminating against people with disabilities. Because it takes more time for disabled people to enter the car, Uber charges additional fees for similar customers. Uber said in an emailed statement that it did not agree with the Justice Department and that the company's policies did not violate the bill. According to the lawsuit, Uber has not made reasonable changes to its waiting time policy for passengers with disabilities. (E-commerce News)
7. Southeast Asian e-commerce platform Lazada will have 800,000 merchants participating in Double 11 this year
On November 11, yesterday, Yang Runhua, COO of Lazada Group, a Southeast Asian e-commerce platform under Alibaba, revealed that this year's Lazada Double 11 is expected to have about 800,000 brands and merchants from all over the world participating. It is understood that Lazada was established in 2012 and has become a Southeast Asian e-commerce platform under Alibaba Group since 2016. Lazada has more than 110 million annual active consumers in six countries including Southeast Asia, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. (E-commerce News)
8. Costco's first store in Suzhou will open on December 8
On November 11, according to the official WeChat account of Costco's opening of the market, Costco's first store in Suzhou will officially open on December 8, which is also the second store in China that Costco has opened in Minhang Store in Shanghai. It is reported that the Costco Suzhou project is located at No. 9 Intercity Road, Suzhou High-tech Zone, Jiangsu Province, with a construction area of 50,000 square meters and an operating area of more than 14,000 square meters; among which the operating area of the shopping mall 1F store is about 16,000 square meters. Public information shows that Costco is the largest chain member-based warehouse mass-trade store in the United States. (E-commerce News)
Internet Information
9. Ma Huateng: Tencent has a lot of ability to explore and develop the metaverse
On November 11, Tencent released its third quarter financial report for 2021 yesterday. After the financial report was released, Tencent CEO Ma Huateng said on the performance conference call that the company has a lot of technology and capabilities to explore and develop the metaverse. According to the financial report, Tencent's third-quarter revenue was RMB 142.368 billion, and the market estimated to be RMB 145.41 billion; a year-on-year increase of 13%; a net profit in the third quarter was RMB 39.5 billion, and the market estimated to be RMB 32.6 billion, a year-on-year increase of 3%. (E-commerce News)
10. Xiao Jun, vice president of JD Group and president of JD Logistics X business unit, has resigned
According to the news on November 11, according to the late LatePost, Xiao Jun, vice president of JD Group and president of JD Logistics X business unit, has resigned recently. At present, the X business unit under Xiao Jun is temporarily handed over to Wang Qiang, vice president of JD Group and head of JD Logistics Intelligent Supply Chain Platform. It is understood that Xiao Jun has been working for JD.com for more than 14 years. He joined JD.com in 2007 and participated in the design of JD’s early front-end websites and supply chain systems. Since then, he has also presided over the design and development of JD’s logistics “Qinglong System” and warehousing system. (E-commerce News)
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