#Laogao E-commerce Newsletter# [November 30 E-commerce Morning News]

Morning news: WeChat: It will pilot the opening of the direct access function of external links in the group chat scenario; Jack Dorsey announced that he would step down as CEO of Twitter; Google was fined again in Russia for not deleting illegal content; AliExpress announcement: Cainiao’s pre-option function has been launched...

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

E-commerce newsletter

1. WeChat: The direct access function of open e-commerce external links will be piloted in group chat scenarios

According to November 30, yesterday afternoon, WeChat’s official account “WeChat Pai” released an update note on the “WeChat External Link Content Management Specifications”. WeChat said that the external link management measures will be updated from now on. At the same time, WeChat said that under the guidance of regulatory authorities, it will continue to jointly promote interconnection solutions with major Internet platforms, actively cooperate with other Internet platforms to jointly implement interconnection, and explore the technical possibility of smoothly using WeChat services on other platforms. (E-commerce News)

2. SF Express City: It is expected to be listed on the Hong Kong Stock Exchange on December 14, 2021

On November 30, today, SF Express issued an announcement on the Hong Kong Stock Exchange, intending to issue 131 million H shares through Hong Kong IPO, of which 13.1182 million shares were issued in Hong Kong, approximately 118 million shares of international shares, and another 15% over-allotment. The offer price will not exceed HK$17.96 per share of the offer, and it is expected to be listed on the Hong Kong Stock Exchange on December 14, 2021. (E-commerce News)

3. Xiamen Tong'an held the 2nd E-commerce Live Broadcast Festival Internet Celebrity Product Selection Expo

November 29th news, the second Tongan E-commerce Live Broadcast Festival Internet Celebrity Product Selection Expo was held recently. It is reported that the event was hosted by the People's Government of Tong'an District, Xiamen City. The total online live broadcast of the event reached 10.65 million people and more than 7 million likes. At the exhibition site, 24 companies from Tong'an District brought the latest products to promote online. It is worth noting that next, the e-commerce live broadcast festival series will also hold a special training camp to help the construction and development of the three major live broadcast bases of Industrial Concentration Zone, Tong'an New City and Lianhua Douyin Town. (E-commerce News)

4. Alibaba Cloud and Ankai Microelectronics signed a framework cooperation agreement

On November 29, Guangzhou Ankai Microelectronics Co., Ltd. and Alibaba Cloud IoT Business Department recently signed a framework cooperation agreement. The two parties will carry out in-depth cooperation in video cloud platforms, AI algorithms, operating systems, security, etc., and jointly provide low-power, intelligent integrated core and cloud solutions for the video and door lock industries. Wang Xiaodong, general manager of Alibaba Cloud IoT business unit, said that Alibaba Cloud IoT will invest in the "smart things + intelligent manufacturing" strategy to help hardware intelligence and production digitalization. We strive to empower 1 billion smart devices and transform 100,000 digital factories through the product technology and ecology of "smart things + intelligent manufacturing" within three years. (E-commerce News)

Cross-border newsletter

5. Jack Dorsey announces his resignation as CEO of Twitter

November 30th news, on November 29th local time, Twitter co-founder Jack Dorsey announced his resignation as CEO. The new CEO is the current Chief Technology Officer Parag Agrawal. Dorsey will continue to serve as a Twitter director until the term of office ends until the end of the 2022 general meeting of shareholders. Affected by this news, Twitter's stock price rose 10% at one point and finally closed down 2.7%. ((E-commerce News)

6. Meizhou, Guangdong completed the first cross-border e-commerce "9810" export business

On November 29, recently, the ceramic products worth US$99,900 declared by Guangdong Julong Electronic Technology Co., Ltd. at Meizhou Customs were sold to overseas markets through cross-border e-commerce export overseas warehouses. This is also Meizhou's first cross-border e-commerce export overseas warehouse business. It is understood that cross-border e-commerce export overseas warehouses refer to the model in which domestic enterprises export goods to overseas warehouses through cross-border logistics, and then deliver them from overseas warehouses to buyers after transactions through cross-border e-commerce platforms, and transmit relevant electronic data to customs. (E-commerce News)

7. AliExpress Announcement: Cainiao’s pre-option function has been launched

According to November 29, recently, AliExpress platform released a notice on launching the pre-function of Cainiao Internet access. The notice stated that in order to assist merchants in improving delivery timeliness, Cainiao upgrades collection services for merchants for free, that is, the time for merchants to access the Internet is based on the collection time of large-scale collection, and the Internet time is better at the pre-order and the Internet rate. Cainiao has opened the Yanwen and Delivery area to provide pre-network services on April 14, 2020. Regarding the grouping of large packages, the notice shows that after creating a logistics order, the merchant will form a large package with small package data from the same collection warehouse, and put these small packages in the same package and paste them with a large package bill to hand them over to the driver. (E-commerce News)

Internet Information

8. Google is fined again in Russia for not deleting illegal content

On November 30, the Moscow family recently fined 3 million rubles (about 40,000 US dollars) again because Google failed to delete some content that was considered illegal. Previously, Google was fined several times in Russia. At the end of 2018, Russia fined Google 500,000 rubles (about $7,530) for failing to delete specific entries from its search results as required by law. This month, a Moscow court fined Google 2 million rubles (about $28,085) for not deleting content deemed illegal. (Sina Technology)

9. Meituan splits the two major business departments of smart transportation platform taxi and unmanned vehicle delivery.

According to the report on November 29, according to "LatePost", Meituan recently split a smart transportation platform that has been established for less than a year. The two major business departments under the platform are independent, and Zhang Xingyuan and Xia Huaxia are responsible for it. Both of them report to CEO Wang Xing; visual intelligence is merged into the basic R&D platform; map returns to Meituan platform. It is reported that Meituan Taxi has been piloted in Nanjing since February 2017, and the first person in charge is Li Yang; at the end of 2018, Li Yang transferred to be responsible for the bicycle business, and Meituan Taxi welcomed the second person in charge Gao Yan; at the end of 2019, Gao Yan was transferred to Xiaoxiang Business Department, and the Meituan Taxi transfer was personally responsible for Wang Huiwen. (E-commerce News)

10. The Federal Trade Commission will investigate supply chain disruptions

According to November 30, on November 29, local time, the Federal Trade Commission announced that it would investigate the interruption issue and ordered nine large companies to provide relevant detailed information. The Federal Trade Commission said it has requested, Kroger, C&S Wholesale, United Wholesale Grocery, Berkshire Hathaway, Procter & Gamble, Tyson Foods, and Kraft Heinz to provide relevant information within 45 days after receiving the order. (CCTV News)