#Laogao E-commerce Newsletter# [E-commerce Evening News on December 17]

E-commerce information: Alibaba: Taobao's penetration rate among consumers aged 24 and under has reached 90%; Best Group announced that it will transfer its domestic express business to Jitu Express; Tmall released the wireless store opening entrance to enter through mobile phones; Lazada's annual active consumers reached a target of 130 million to achieve a GMV of US$100 billion; Amazon opened a same-day delivery center in Greenwood...

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

E-commerce newsletter

1. Alibaba: Taobao's penetration rate reaches 90% among consumers aged 24 and under

On December 17, Alibaba revealed in the 2021 Investor Daily Online Event on December 16 that young consumers will become the new increase in users on Taobao and Tmall. At present, Taobao's penetration rate among consumers aged 24 and under has reached 90%. According to Alibaba's financial report, as of September 30 this year, Alibaba's global ecological system has reached 1.24 billion annual active consumers, of which 953 million come from the Chinese market. The monthly active users in China's retail market reached 946 million, an increase of 65 million from the same period last year. (E-commerce News)

2. JD Auction will join hands with Shengshi Baolai to open the first auction

According to December 17, it is reported that the first auction of JD Auction - JD Treasures & Shengshi Baolai will be opened on December 21. At that time, dozens of artworks will be auctioned, covering three popular categories: calligraphy, painting, porcelain, and statues. These include masterpieces such as Zhang Daqian, Fan Zeng, Huang Zhou, and Liu Wenxi, as well as artistic treasures such as pastel porcelain in the Qing Dynasty. (E-commerce News)

3. Tmall releases the wireless store entrance and you can enter through your mobile phone

According to the news on December 17, according to the report of the World Business, Tmall recently released a wireless store opening entrance, where users can open Tmall stores through their mobile phones. According to reports, when entering Tmall through mobile phones, the qualification list is easier to obtain when merchants submit applications. They just need to follow the steps on the mobile phone. Brand categories can be searched and queryed through searches, and can also send qualification templates to the email address with one click; brand evaluation is more efficient. Merchants can enter the brand evaluation by uploading product pictures, online/offline related business conditions, factory images, etc., and there is no need to prepare an operation plan like before. (E-commerce News)

4. Best Group announced the completion of the transfer of domestic express delivery business to Jitu Express

On December 17, Best Group issued an announcement today, announcing the completion of the transfer of domestic express delivery business to J&T Jitu Express. According to the final agreement signed by the two parties on October 29, the business was transferred at a price of approximately RMB 6.8 billion. The transaction has been completed. It is reported that Best Group will concentrate its energy and resources to accelerate business development, promote the deep integration of supply chain, express transportation and international businesses, and create international comprehensive smart supply chain services. (E-commerce News)

Internet news

5. Ele.me announced the comprehensive upgrade of the Knight's rights protection system

According to December 17, today is the "4th Blue Knights' Day". Ele.me announced that it will fully upgrade the Knights' guarantee system, pilot smart helmets, match flexible delivery time, expand the Knights' promotion path, and invest 12 million yuan to provide serious illness assistance to the Knights' family. It is reported that this year, Ele.me established the Knight Operation Department, taking Knight satisfaction as the core work indicator, formulate long-term goals and business strategies around Knight's rights and interests, and establish organizational mechanism guarantees. (E-commerce News)

6. Chen Yifan, Baidu Alliance: It takes time to connect with WeChat and Douyin

On December 17, recently, Baidu Alliance General Manager Chen Yifan admitted in an interview with the media that interconnection is difficult and involves business models, infrastructure and other aspects, which is a long-term evolution process. Regarding the progress of Baidu's Internet, Chen Yifan revealed that the content of B station and Xiaohongshu can be searched on Baidu. As for the interconnection with major platforms, Chen Yifan said that the legal systems of each platform have received relevant policy provisions to induce communication between user systems of all parties. At present, the interconnection between Baidu, WeChat and Douyin has made some progress, but it still takes time. (E-commerce News)

Cross-border newsletter

7. Lazada's annual active consumers reach 130 million target to achieve GMV of US$100 billion

According to December 17, Alibaba's 2021 Investor Day was held online a few days ago. According to the latest data from Alibaba's Southeast Asia flagship e-commerce platform Lazada, Lazada's annual active consumers have increased by 80% in the past 18 months to 130 million; monthly active users have also increased by more than 70% to 159 million in the past 18 months. Li Chun, CEO of Lazada Group, said that Lazada will serve 300 million Southeast Asian consumers in the future and achieve an annual growth target of US$100 billion. (E-commerce News)

8. Amazon opens same-day delivery center in Greenwood

According to the news on December 17, on December 16, local time, according to foreign media FOX59, Amazon announced that it has opened a new same-day delivery center in Greenwood, Indiana, to provide Amazon Prime members in Indianapolis and Johnson County with as fast as five hours of same-day delivery. This is its first distribution center in Indiana.

According to reports, the new distribution center is only about one-tenth the size of a traditional distribution center, and Amazon achieves the fastest delivery speed and lowest carbon emissions by storing "need-it-today" and other popular items in mini distribution centers closer to buyers.

It is understood that Indiana Prime members can now order more than 3 million different categories of products 24 hours a day. Buyers can also choose their own delivery time. (E-commerce News)

9. Canadian e-commerce Shopify launches NFT trading service

December 17th news, recently, Canadian e-commerce Shopify president Harley Finkelstein announced on Twitter that it will launch a service to sell NFT products, through which sellers can create and sell NFT products in stores.

It is reported that through this new service, sellers can create NFTs on the Ethereum, Polygon, Near and Flow blockchains and accept payments through Shopify Payments, ShopPay, and cryptocurrency gateways or bank cards.

Shopify recommends that brands use NFT to access items such as restricted content, music albums, event tickets, and more. In addition, the service also provides authenticity certification for products, providing customers with a real and guaranteed shopping experience. It is understood that just by filling out a questionnaire on the website, the creators of American brands or NFT projects will be eligible for beta testing. (E-commerce News)

10. Yangmatou established a live streaming supply chain business department

According to reports on December 17, it is reported that Yangwoo recently established a live streaming supply chain business unit. Since the beginning of this year, Yangwok has made every effort to deploy live broadcast trade services. Recently, it has provided product selection, supply, logistics, appraisal services and other services to top and waist anchors to improve user experience and product circulation efficiency.

It is reported that in August 2020, Yangmatou began to cooperate with Douyin and was officially launched in March 2021. In the past few months, Yangmatou has opened up a link for cross-border commodity transactions on the Douyin platform and has become an important partner of Douyin's cross-border e-commerce. At present, Yangwo Wai is still following up on cooperation with Kuaishou and Taobao Live.

Public information shows that Yangmatou was established in 2009. Founder Zeng Bibo once said: "We actively deploy new businesses and open up the live streaming supply chain link, cross-border business cooperation with Douyin e-commerce will also be smooth." He said that the company's new business segment will specifically provide supply chain services for Douyin live streaming.

It is understood that in August this year, Yangmatou announced the provision of live streaming supply chain services. Regarding this business, Zeng Bibo said, "Live e-commerce has entered a new stage of development. The core of live e-commerce in this stage is refined operations. It is not only experts or celebrities, but also products. At present, product supply chain has become a key factor restricting the development of the live e-commerce industry. The live e-commerce industry needs supply chain services, and cross-border live e-commerce needs even more. Therefore, Yangmatou responds to the industry trend to establish a live supply chain business department to provide live broadcast institutions and experts with cross-border supply chain services throughout the life cycle." (E-commerce News)