#Laogao E-commerce Newsletter# [E-commerce Morning News on December 10]

Morning News: Ele.me founder Zhang Xuhao started his business again and chose golf driving range and teaching training; JD.com signed a strategic cooperation agreement with Yazhou District, Sanya, Hainan; 1688 official direct delivery to adjust the quotation; Luckin Coffee's third quarter financial report for 2021: the total number of stores reached 5,671; live streaming hosts Xueli and Lin Shanshan's Weibo accounts were blocked...

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E-commerce newsletter

1. JD.com and Yazhou District, Sanya, Hainan signed a strategic cooperation agreement

On December 10, yesterday, the Yazhou District Government of Sanya City, Hainan Province signed a strategic cooperation agreement with Beijing JD World Trade Co., Ltd. and Beijing Huijun Technology Co., Ltd. According to the agreement, the three parties will carry out comprehensive cooperation in the fields of industrial development, e-commerce retail, smart logistics, digital technology, etc., and work together to build Yazhou into the largest agricultural trade and circulation demonstration base in southern Hainan. (E-commerce News)

2. 1688 official direct delivery adjustment quotation

On December 10, the 1688 platform issued a notice on December 9 to adjust the service fee of 1688 official direct delivery online and offline supply chain technology software. The announcement stated that due to changes in the transportation costs of 1688 official direct delivery cooperative logistics company, the quotations for 1688 official direct delivery bids and 1688 official direct delivery special offer will be adjusted from December 16, 2021 to March 31, 2022. The prices from 1688 official direct delivery cooperation logistics company will be subject to the subsequent notice or announcement of the platform. Detailed contents are available for checking the quotation from December 16; please refer to the waiter's notice for the new quotation before December 16. (E-commerce News)

3. Tmall added new service specifications for "new car worries-free shopping" born on December 16

The announcement stated that in order to improve the consumer experience of online transactions of automobile products and promote consumers to trade automobile products online, the platform plans to add the "Tmall "New Car Worry-free Purchase" Service Specifications". This rule will be announced on December 9, 2021 and will come into effect on December 16, 2021. (E-commerce News)

4. Ele.me founder Zhang Xuhao started his business again and chose golf driving range and teaching training

According to December 10, recently, Ele.me founder Zhang Xuhao has made new entrepreneurial moves. This time he chose a high-end niche track: golf driving range and teaching training. Public information shows that the company behind PLAYGOLF is called "Shanghai Geke Sports Technology Development Co., Ltd.", which is a golf complex operator. The legal representative of the company is Li Dongping, which was established in September 2020. In the company change record, before May 31, 2021, the legal representative of the company was Zhang Xuhao. After the equity penetration, Zhang Xuhao's final earnings were 99.4118%, which was the actual controller of the company, which means that PLAYGOLF is actually Zhang Xuhao's personal entrepreneurial project. (E-commerce News)

Cross-border newsletter

5. New EU regulations require gig platforms such as Uber and Deliveroo to classify workers as "employees"

According to reports on December 10, the European Commission reportedly launched a new draft regulations on December 9, requiring that "gig economy" platforms such as Uber and Deliveroo must classify their workers as "employees" and enjoy various labor and social security. According to the draft rules, the "gig economy" platform will have to classify its workers as "employees" and have the right to the minimum wage, paid leave and pensions. Employees can ask the company to compensate for violations. The European Commission said the draft rules would apply to 1.7 million to 4.1 million employees of more than 500 online platform companies in 27 EU countries. (E-commerce News)

6. Tmall Taobao Overseas Shunde Innovation Design Center was officially established

On December 10, yesterday, Taobao Overseas and Guangdong City reached a cooperation plan for the "Shunde New Intelligent Manufacturing Industry". The first batch of them will join hands with 100 design companies to create more than 1,000 new products that meet the needs of the overseas market, and will be sold overseas through Taobao and Tmall platforms. On the same day, Tmall Taobao Overseas (Shunde) Innovation Design Center was officially launched in Guangdong. According to reports, the center will work with designers to develop new products based on overseas market trend insights, build a global platform for new products, and help new products explore overseas markets through innovative methods. (Yibang Power News)

7. TikTok launches its first live shopping event “On Trend” in the UK

On December 9th, TikTok recently announced the launch of its first live shopping event "On Trend", officially entering the e-commerce field. The event was held in the UK at 5 pm on December 8 and 9th. According to reports, the event will be hosted by British TV star Rylan Clark-Neal, supported by well-known beauty and technology brands such as Charlotte Tilbury, L'Oréal Paris and Nutri Bullet. Consumers participating in the shopping event will also enjoy exclusive offers and discounts. (E-commerce News)

Internet Information

8. Luckin Coffee's third quarter financial report for 2021: The total number of stores reaches 5,671

According to December 9, on December 9, Beijing time, Luckin Coffee released its unaudited third-quarter financial report for 2021. Data shows that in the third quarter of 2021, Luckin Coffee's average monthly trading customers was 14.7 million, an increase of 79.2% from 8.2 million in the same period in 2020. As of the end of the third quarter, the total number of Luckin Coffee stores was 5,671, of which the number of self-operated stores increased by 6.4% compared with the same period in 2020 to 4,206, and the joint stores increased by 66.7% year-on-year to 1,465. In the third quarter of 2021, Luckin Coffee's initial and other expenses for opening a store were RMB 6 million, while in the same period of 2020 it was RMB 2.3 million, mainly due to the increase in the rental cost of opening a new store. E-commerce News)

9. Ctrip Chen Ruiliang: The number of hotel booking users born in the 1990s increased by nearly 10% compared with 2019

Chen Ruiliang said that since 2021, the number of post-90s users who book hotels through the Ctrip platform has increased by nearly 10% compared with 2019. Chen Ruiliang also pointed out: "Since this year, Ctrip Youxianghui and Equity Cloud systems have been fully expanded, with Youxianghui having 220,000 hotel partners and Equity Cloud partners reaching 100,000. In addition, Ctrip has also achieved member interoperability with 21 hotel groups." (E-commerce News)

10. Live streaming live streaming anchors Xueli and Lin Shanshan’s Weibo accounts were blocked

According to December 9th, some netizens today reported that the Weibo accounts of live streaming anchors Xueli and Lin Shanshan have been blocked, and the relevant account information of these two people can no longer be found on the Weibo platform. On the evening of November 22, Sydney and Lin Shanshan successively published "Apology Letters" through Weibo, saying that because they were busy with business, they ignored the study of professional financial and tax knowledge, promised to pay the taxes, and suspended the live broadcast and carried out standardized rectification. On that day, the two were banned from speaking on Weibo. (E-commerce News)