#Laogao E-commerce Newsletter# [E-commerce Morning News on December 1st]

Morning News: United Nations: Global commodity trade exceeded US$5.6 trillion in the third quarter of 2021; Lei Jun: Xiaomi 12 series will launch the Snapdragon 8 mobile platform in the world; TikTok responds to test the payment function of short dramas: it is still in the exploration stage; Luo Yonghao Company has deployed 8 live broadcast rooms to achieve full-time, full categories and multiple anchors participating...

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E-commerce newsletter

1. Lei Jun: Xiaomi 12 series will launch the world's first Snapdragon 8 mobile platform

December 1st news, today, the 2021 Snapdragon Technology Summit was officially held, and Qualcomm released the new generation of Snapdragon 8 mobile platform. Lei Jun, founder, chairman and CEO of Xiaomi Group, also spoke as a guest. Lei Jun said that the Xiaomi 12 series will launch the Snapdragon 8 mobile platform in the world for the first time. Lei Jun also said that the new generation of Snapdragon 8 flagship mobile platform adopts the most advanced 4nm process, and the 7th generation of Qualcomm AI engine empowers to bring an unprecedented innovative imaging experience. (E-commerce News)

2. Bilibili handled more than 310,000 illegal accounts in October

According to December 1st, yesterday, Bilibili released the community governance data for October 2021, and a total of 316,933 illegal accounts were handled in October. It is worth noting that starting from November 24, B station will mark some content that is not suitable for display to minors, including but not limited to some content that may cause minors to have negative emotions or contain addictive content such as tobacco, alcohol, betel nuts, etc. (E-commerce News)

3. TikTok responds to test the paid function of short dramas: still in the exploration stage

According to December 1st, recently, it was reported that Douyin is testing the payment function for short dramas. The payment model is similar to paid novels. It is paid by episode number, with a minimum of 1 yuan per episode, and it supports one-time payment to unlock the entire drama. In this regard, a relevant person in charge of Douyin told China News Service that the short drama business is still in the exploration stage and hopes to encourage more high-quality content creation. (E-commerce News)

4. Luo Yonghao Company has deployed 8 live broadcast rooms to achieve full-time, full categories and multiple anchors participating

On November 30, today, the official Weibo of Jiao Yi Friend's Live Room announced that Jiao Yi Friend's company has laid out 8 live rooms. In addition to Luo Yonghao's live broadcast room, making friends also laid out live broadcast rooms in categories such as wine, food, beauty, clothing and jewelry, sports outdoors, late-night canteens, smart life, parent-child life, etc. It is reported that the account matrix layout of 1+7 in the live broadcast room of Jieke Friends makes it the only live e-commerce institution on the entire network that can achieve full time period, full categories and multiple anchors. By continuously accumulating vertical fans to create the expert image of vertical anchors in this field, it can form a snowball growth effect and continue to grow after fission. (E-commerce News)

Cross-border newsletter

5. Amazon AWS launches two new custom chips to compete with Intel and others

December 1st news: on Tuesday, Amazon's cloud computing division AWS launched two new customized computing chips to help its customers reduce the cost of using Intel and Nvidia chips. It is reported that AWS's newly released third-generation Graviton chip based on Arm architecture is 25% faster than its predecessor, with 2 times floating point performance and 3 times faster machine learning workloads. AWS also said a new chip called Tradium will soon be launched to customers, which aims to train machine learning computer models and will compete with Nvidia's similar chips. (E-commerce News)

6. United Nations: Global commodity trade exceeds US$5.6 trillion in the third quarter of 2021

On November 30, according to Cailianshe, the United Nations Conference on Trade and Development stated that global commodity trade exceeded US$5.6 trillion in the third quarter of 2021, a record high, and will also remain near this level in the last three months of this year. At the same time, Unctad pointed out in the report that the global trade in goods and services is expected to increase to about US$28 trillion in 2021, an increase of about US$5.2 trillion from 2020 and US$2.8 trillion higher than in 2019. (E-commerce News)

7. eBay and Xiyong Microelectronics Park sign a strategic framework agreement

November 30th news, cross-border e-commerce platform eBay recently signed a strategic framework agreement with Chongqing Xiyong Microelectronic Park. According to reports, eBay will work with Xiyong Comprehensive Bonded Zone to create related projects such as talent training, enterprise incubation, and industrial agglomeration. The project planned area is 2,100 square meters and is planned to be officially put into operation in early 2022. After completion, it is expected to form an industrial cluster of tens of billions. (E-commerce News)

Internet Information

8. It is said that Indian e-commerce platform Snapdeal plans to conduct an IPO of US$250 million in 2022

According to Bloomberg, sources said that Indian e-commerce platform Snapdeal plans to submit documents in the next few weeks and is expected to conduct an IPO of $250 million in 2022. Sources added that Snapdeal will raise at least $200 million and may be valued at $1.5 billion. It is reported that Snapdeal was founded in 2010 and has received investment from SoftBank and Alibaba. It has now become one of India's leading e-commerce suppliers. (E-commerce News)

9. JD Wine World and Guowei Wine Industry reach strategic cooperation

On November 30, according to China Business Network, today, the strategic cooperation signing ceremony of Kweichow Moutai Town Guowei Wine Industry Group Co., Ltd. and JD Wine World were held in Beijing. Liang Mingfeng, chairman of Guowei Wine Industry, and Liu Jun, CEO of JD Wine World, jointly signed a strategic cooperation agreement. It is reported that in the future, Guowei Wine Industry will authorize JD Wine World to become the exclusive operator of all-channel products of the "Guowei" brand. The two parties will give full play to their respective industrial advantages and carry out in-depth cooperation in brands, products, channels and services. (E-commerce News)

10. Monster Charging: Revenue in the third quarter was RMB 930 million and increased by 0.6% year-on-year

According to November 30, Monster Charging today, Monster Charging released its unaudited financial report for the third quarter ended September 30, 2021. Monster Charging's operating income in the third quarter was RMB 930 million, an increase of 0.6% from the third quarter of 2020. In terms of revenue composition, the three businesses this quarter, shared charging services, power bank sales and other businesses mainly based on advertising services, contributed RMB 895.4 million, RMB 27.4 million and RMB 7.2 million respectively. In the financial report, Monster Charging also made an outlook on the performance of the next quarter, and the company expects to generate revenue of between 800 million and 830 million yuan in the fourth quarter. (E-commerce News)