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#Laogao E-commerce Newsletter# [November 18 E-commerce Morning News]

2021-11-18

Morning news: Douyin e-commerce will launch a fresh food industry event "Winter replenishment season"; JD Supermarket report: Young people aged 26-35 are the main people who buy trendy toys and blind boxes; Amazon will no longer accept British Visa credit cards in 2022; AliExpress will release an announcement on the update of search window rules; Ctrip: Since November, the number of booking for winter travel orders this year has increased by 142% compared with early October...




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E-commerce newsletter


1. Douyin Kuaishou launches search external portal


According to news on November 18, Douyin and Kuaishou have tested independent search portals on the outside of the App and web versions. The specific form is that Douyin and Kuaishou display their respective searches on the mobile phone desktop in a widget mode, and users can access them through the search portal on the mobile phone desktop. (E-commerce News)


2. JD Supermarket Report: Young people aged 26-35 are the main groups of people who buy trendy toys and blind boxes


On November 17, JD Supermarket and JD Consumer and Industrial Development Research Institute jointly released the "Generation Z Toy Consumption Trend Report". Data shows that Pop Mart, Xunxin Unicorn, 52TOYS, Ruole, Bruce and others have become the top trendy toy brands favored by Generation Z consumers. Young people aged 26-35 are the main people who buy trendy toy blind boxes, accounting for 40% of blind box buyers. In the 36-45-year-olds, the proportion of women purchasing blind boxes is 51.3%, which is greater than that of men. On the day of a good start, the transaction volume of IP trendy toys increased by 423% year-on-year. Among them, the transaction volume of Transformers increased by 328% year-on-year, and the transaction volume of the same Red Spider in Universal Studios increased by 625% year-on-year. (E-commerce News)


3. Douyin e-commerce will launch the fresh food industry activity "Winter replenishment season"


The "Winter Supplement Season" event further expanded the scope of support, covering expert track support, industry track support, brand self-broadcast support, and small and medium-sized author tasks, covering the entire industry of supplementary fresh food. Whether big and small brand merchants or experts, they can obtain resource exposure and channel display opportunities in this event. It is understood that the "Winter Replenishment Season" activity is a branch of "DOU Come and Taste the Fresh", which is an activity IP with periodic mental precipitation in Douyin's e-commerce fruit fresh food industry. It mainly focuses on seasonal fresh food and integrates the platform's diversified resources. (E-commerce News)


4. Baozun E-commerce will release its third quarter financial report for 2021 on November 30


On November 17, Baozun E-commerce issued an announcement on the Hong Kong Stock Exchange yesterday that the company will release its unaudited performance report for the third quarter of 2021 before the US stock market and during trading in the Hong Kong market on November 30, 2021. It is understood that in the second quarter of this year, Baozun E-commerce's total revenue was 2.304 billion yuan, a year-on-year increase of 7.1%; the net profit attributable to common shareholders was 79.8 million yuan, a year-on-year decrease of 33.4%. The GMV was 15.7272 billion yuan, a year-on-year increase of 23.3%; the distribution GMV was 1.0941 billion yuan, a year-on-year increase of 5.4%; the non-distribution GMV was 14.6331 billion yuan, a year-on-year increase of 24.9%. GMV generated by non-Tmall markets and channels accounted for approximately 31.7% of the total GMV, compared with 24.7% in the same period in 2020. (E-commerce News)


Cross-border newsletter


5. Amazon will no longer accept British Visa credit cards in 2022


According to news on November 17, Amazon will stop accepting Visa credit cards issued in the UK starting from 2022. Amazon notified users of Visa credit cards by email, which will be officially implemented on January 19, 2022 because of the excessive transaction fees drawn by Visa credit cards. However, Amazon users can still use Visa’s debit cards, as well as non-Visa credit cards such as Mastercard and American Express, and encourage users to update their default payment methods before changing them. ((E-commerce News)


6. GrubMarket announced the completion of US$200 million in financing


On November 17, on November 16, local time, GrubMarket, a fresh food e-commerce company headquartered in San Francisco, announced that it had completed a $200 million financing. Investors include Tiger Global Management, funds and accounts managed by BlackRock, Liberty Street Funds, Apeira Capital, Japan Post Capital, Celtic House Asia Partners, We Capital and Walleye Capital, etc. This round of valuation of GrubMarket exceeds US$1.2 billion. "GrubMarket has achieved an annual operating rate of $1 billion, with e-commerce revenue growing by more than 300% this year, and SaaS software sales growing by more than 3500%.


7. AliExpress releases an announcement on updates to search window rules


On November 17, AliExpress platform issued an announcement on update of search window rules on November 16. Window is a promotional technology tool launched by AliExpress platform to merchants, which can make the products using windows appear naturally and at a higher level, so that buyers can prioritize searching for products using windows. If the store violates the rules of the AliExpress platform when the store violates the rules of the AliExpress platform and has transaction violations, intellectual property rights, or bans and restricts sales, and deducts 24 points or more points, or has serious intellectual property violations twice or more, the store will be disqualified from the store's monthly window reward and will be reassessed after the store resumes its normal operating status. (E-commerce News)


8. Waymo and UPS plan to expand cooperation on driverless trucks before the holiday season


On November 18, Waymo, a driverless company under Google's parent company Alphabet, announced Wednesday that it will expand its partnership with UPS Express to use driverless trucks to help the express company deliver packages between its two Texas logistics centers this holiday season. Waymo said the pilot will be launched in the coming weeks, with large trucks carrying its fifth-generation Waymo Drive technology going to deliver parcels to UPS North American air transport division between Dallas-Fort Worth and Houston. (E-commerce News)


Internet Information


9. Ctrip: Since November, the number of bookings for winter travel this year has increased by 142% compared with early October


11月17日消息,近日,携程平台数据显示,11月4日以来,预订今年冬季出游的订单量较10月上旬显著上升142%,从华东、华南地区去往华北、东北、西北地区的旅游订单量增长102%;全国滑雪场门票预订量相比去年同期增长363%。携程平台上,预订今冬冰雪游产品的人群中,90后、00后占比近50%。从北方飞往南方高温城市过冬的用户中90后、00后的占比更是近六成。(电商报)


10. ZTO Express's revenue in Q3 2021 was 7.39 billion yuan in parcels increased by 23.3% year-on-year


According to news on November 18, ZTO Express released its third quarter performance announcement for 2021. In the third quarter, the company's revenue was RMB 7.39 billion, a year-on-year increase of 11.3%; net profit was RMB 1.148 billion, a year-on-year decrease of 5.2%. After excluding the one-time impact of the 2019 income tax refund received in 2020, net profit increased by 13.7% year-on-year. The announcement stated that the revenue growth was due to the increase in parcel volume. In the third quarter of 2021, the parcel volume was 5.7 billion pieces, a year-on-year increase of 23.3%. (E-commerce News)



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