#Laogao E-commerce Newsletter# [November 15 E-commerce Morning News]

Morning News: Economic Daily published an article review by Yu Minhong to live streaming and bring goods: New Oriental should not copy Li Jiaqi; Weilong made another spoiler stock: earning 358 million yuan in half a year; SF Express passed the hearing and earning 3.045 billion yuan in the first five months of this year; Xiaomi disclosed the patents related to "handling eye protection mode in fingerprint recognition mode"; Musk: More and more people will land on the moon soon...

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E-commerce newsletter

1. Weilong made another spice stock: earning 358 million yuan in half a year

News on November 15th, on November 12th, Wei Long, the "No. 1 La Tiao" once again submitted a prospectus to the Hong Kong Stock Exchange, continuing to sprint for the "No. 1 La Tiao stock"! On the 14th, Weilong passed the listing hearing. However, according to the Hong Kong Stock Exchange main board listing rules, if the application company has not been approved for more than 6 months, its prospectus will automatically appear invalid and new financial information needs to be submitted again. In other words, Wei Long updated his financial information this time to "activate" the prospectus. (E-commerce News)

2. SF Express passed the hearing and earned 3.045 billion yuan in the first five months of this year.

According to reports on November 15, documents from the Hong Kong Stock Exchange showed that SF Express has passed the listing hearing. The prospectus shows that the revenue in the first five months of this year was 3.046 billion yuan, with a total of 514 million orders, an increase of 151.2% year-on-year. The prospectus shows that SF Express's revenue in the same city increased from 993 million yuan in 2018 to 2.107 billion yuan in 2019, and further increased to 4.843 billion yuan in 2020. As of the five months ended May 31, SF Express has a total of 4.5134 million active customers and 340,700 active riders. (E-commerce News)

3. During JD.com's Double 11 period, the overall transaction volume of Wuchang rice increased by 180% year-on-year.

According to Securities Daily, during JD.com's 11.11 this year, the overall transaction volume of Wuchang rice increased by 180% year-on-year. Specifically, Fujiayuan Wuchang Rice successfully won the championship with an increase of 316.69%. Qiaofuyuan Wuchang Rice ranked second with a year-on-year increase of 142.95%, and Lujiaweizi, which increased by 113.17% year-on-year, became the third brand in sales. In addition, organic Wuchang rice and green Wuchang rice also showed outstanding results, with sales growth of 244.48% and 144.85% respectively. The EU Organic Wuchang Rice has sales increased by 140.62% year-on-year because it has dual certifications for both EU and domestic organic. (E-commerce News)

4. Xiaomi discloses related patents on "Preparation of eye protection mode in fingerprint recognition mode"

According to news on November 14, Tianyan Check information shows that recently, Beijing Xiaomi Mobile Software Co., Ltd. disclosed the patent for "processing methods, devices, terminals and media in eye protection mode under fingerprint recognition mode", and the application number CN113641416A is issued, with the application date of April 24, 2020. The patent summary shows that the embodiment of this application can turn on the eye protection mode at the same time in the case of fingerprint recognition to avoid the problem of flickering the screen of the mobile terminal when fingerprint recognition and eye protection mode are switched, affecting the continuous display of eye protection functions. At the same time, it also eliminates the impact of eye protection mode on fingerprint recognition, ensuring the accuracy of fingerprint recognition. (E-commerce News)

Cross-border newsletter

5. Apple has been revealed to have secretly purchased Google search ads for a few high-value third-party apps

On November 14, several app publishers broke the news that they are secretly purchasing searches for a few third-party high-value apps, thereby guiding users to browse the Apple app store list rather than the developer's own website. The move could hurt developers and cost them millions of dollars in revenue. (Yibang Power News)

6. Musk: More and more people will land on the moon soon

On November 15, Tesla CEO Elon Musk responded to netizens on Twitter on Sunday that as humans reach new heights, more and more people will land on the moon. Previously, some netizens tweeted, listing a list of astronauts who have landed on the moon and walked on it, including Neil Armstrong, Eugene Cernan, etc. Musk's SpaceX has become a leader in the aerospace field, and the company has launched at least 1,700 Starlink broadband satellites and sent astronauts to the International Space Station. (E-commerce News)

7. Musk retaliates against U.S. Senator hinting to sell more Tesla stocks

On November 15, US Senator Sanders said on social platforms: "We must ask the richest people to pay fair taxes"; Tesla CEO Elon Musk replied: "Do you want me to sell more stocks? As long as you speak..." Previously, Musk exercised more than 2.15 million shares of Tesla's stock options and then sold the stock. He later launched a vote on Twitter to ask whether his fans should sell some of the stock. (E-commerce News)

8. Jiangsu's first cross-border e-commerce return center warehouse is put into operation

On November 14, Canda, located in the Nantong Comprehensive Bonded Zone, completed the return declaration of 7 imported returns, marking the official opening of the first cross-border e-commerce retail import return center warehouse in Jiangsu Province in the Nantong Comprehensive Bonded Zone. On September 10, the General Administration issued the 70th, comprehensively promoting and implementing the "Central Warehouse Model of Cross-border E-commerce Retail Import Returns" nationwide. With the support of Nantong Customs, Nantong Comprehensive Bonded Zone immediately promoted the implementation of the new model and built the first cross-border e-commerce retail import return center warehouse in the district in accordance with customs supervision requirements. Consumers' return packages can be easily entered into the area through checkpoint registration, sorting, sorting, returning, re-listing, etc. in the return center warehouse, realizing intensive operations and reasonable supervision, effectively reducing the operating costs of cross-border e-commerce companies and shortening the overall return time, and further improving the consumer's shopping experience. (Jiupai News)

Internet Information

9. The first digital RMB payment of special residential maintenance funds is implemented in Xiongan New Area

On November 14, yesterday, in response to media reports that "New Oriental founder Yu Minhong will start live streaming and help farmers with hundreds of teachers live streaming to help farmers", the Economic Daily published an article titled "New Oriental should not copy Li Jiaqi". The article stated that as one of the leading enterprises in the off-campus education and training industry, New Oriental's transformation is of a weather vane. In addition, New Oriental, which has offline resources, can also consider investing in the study and study track. Compared to live streaming, studying and studying may not make money that quickly, but it is more in line with New Oriental’s educational background. (E-commerce News)

10. Economic Daily published an article to comment on Yu Minhong's live streaming of goods: New Oriental should not copy Li Jiaqi

According to the official official account of the State Post Bureau, monitoring data of the State Post Bureau showed that from November 1 to 11, postal and express delivery companies across the country handled a total of 4.776 billion express parcels, an increase of more than 20% year-on-year. Among them, a total of 696 million express parcels were processed on November 11, a steady increase, setting a new record high. The State Post Bureau pointed out that since November 6, rain and snow have occurred in many places in my country, and snow has occurred in some areas, which may affect the express delivery time. To this end, the State Post Bureau issued a service consumption reminder for peak season express business, and users are advised to pay attention to the relevant service reminders of express companies in the region. (E-commerce News)