#Laogao E-commerce Newsletter# [E-commerce Evening News on December 20]

E-commerce information: Weiya was originally scheduled to cancel Taobao live broadcast tonight; Hurun's "2021 Global Unicorn List": ByteDance jumped to the top, Ant Group was second; Shentong responded to violent sorting of outlets and asked dissatisfied customers to send SF Express: Completely rectified illegal outlets; 2021 China's top 50 private enterprises brand power: Huawei, Tencent and Alibaba ranked top three; Amazon India website sellers exceeded 1 million...

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

E-commerce newsletter

1. Viya originally scheduled to cancel Taobao live broadcast tonight

On December 20, the Zhejiang Provincial Taxation Bureau of the State Administration of Taxation announced the case of Weiya's tax evasion, and made a tax administrative penalty decision on Huang Wei in accordance with the law, recovering taxes, charging late payment fees and imposing a total of 1.341 billion yuan. It is reported that the Taobao live broadcast trailer that Viya, which was originally scheduled tonight, disappeared. Previously, his live broadcast room showed that Weiya originally planned to have a live broadcast of the "Via Makeup Festival" at 7 pm on December 20, and celebrity makeup artist Yang Shan airborne the Weiya live broadcast room. (E-commerce News)

2. Hurun's "2021 Global Unicorn List": ByteDance jumped to the top, Ant Group second

The list shows that there are 1,058 unicorn companies around the world, an increase of 472 from last year. TikTok's parent company ByteDance has a valuation of 2.3 trillion yuan, surpassing Ant Group to become the world's largest unicorn; Ant Group ranks second with a valuation of 1 trillion yuan; Tesla CEO Elon Musk's SpaceX ranking rose two places to third, becoming the largest unicorn in the United States. In addition, 673 unicorns are on the list, including 347 in the United States and 146 in China. (E-commerce News)

3. Alibaba's home furnishing brand homearch was launched in Chongqing for the first time in China

On December 19, Alibaba's Meiping Meiwu Directly Operated Selected Home Furnishing Brand Homearch, the first store in China opened in Chongqing. It is understood that the store is located in Xingguang 68 Square, Guanyinqiao business district, Chongqing, with a total construction area of ​​6,000 square meters. The store displays more than 3,000 household goods, and 10,000+ cloud goods online through digital links. The introduction said that homearch has digitized all products and designed exclusive price tag QR codes for each product. When shopping, consumers can open the Taobao mobile phone and scan it to go online, obtain various information such as product SKU, details and multiple design solutions, so as to achieve free shopping in the store without interruption; consumers can also scan the code to purchase to achieve direct online delivery of store purchases. (E-commerce News)

4. Kuaishou’s “High-Share Hundred Cities” project first stop landed in Guangzhou

According to December 20, recently, the "Quick Praise Guangzhou·Kuaishou City Life Festival" guided by the Guangzhou Municipal Bureau of Commerce and hosted by Kuaishou was officially launched in Guangzhou, Guangdong Province. As the first stop of Kuaishou's first large-scale city-level IP project "Kuaisong Hundred Cities", with the theme of "Yeah City in Guangzhou", "Kuaisong Guangzhou" relies on Kuaishou's billion-level traffic and mature technical product capabilities to aggregate various resources such as Guangzhou local merchants, characteristic brands, Internet celebrity experts, etc. to create online and offline brand activities. (E-commerce News)

Internet news

5. Shentong responded to violent sorting of outlets and asked dissatisfied customers to send SF Express: Violating outlets were completely rectified

In order to prevent such incidents from happening, Shentong Northeast District stated that it will comprehensively rectify relevant violations in the contract area by adding sorting equipment, upgrading operating sites, and strengthening employee training before December 25, and eliminate the existence of any irregular behavior. Regarding the damage to express parcels caused by violations in the contract area, Shentong Northeast District will also open a green channel for customers' after-sales processing after verifying the express parcel information. (E-commerce News)

6. Top 50 private enterprises in China in 2021: Huawei, Tencent and Alibaba rank among the top three

According to December 20, recently, five think tank institutions including Deben Consulting released the "2021 Top 50 Private Enterprise Brand Power in China". Based on the preliminary evaluation of the primary election, Huawei, Tencent and Alibaba won the top three in the "2021 Top 50 Private Enterprise Brand Power in China". Ranked 4th to 10th are Xiaomi, Sany Group, JD.com, Haier Group, NetEase, Cloud Account and TCL. According to statistics, in 2020, the total operating income of the top 500 private enterprises reached 35.12 trillion yuan, the total assets were 50.73 trillion yuan, and the after-tax net profit was 1.97 trillion yuan, both achieving growth. In 2020, the total number of employees in the top 500 private enterprises was 11.0911 million, an increase of 6.26%, accounting for 1.48% of the national employed people. (E-commerce News)

Cross-border newsletter

7. Saudi B2B e-commerce platform Sary receives US$75 million in financing

On December 20, according to foreign media reports, Saudi B2B e-commerce platform Sary raised 281 million riyals from public investment funds in a new round of financing as the platform seeks new opportunities for the Gulf Cooperation Commission to expand. It is reported that Sary was founded in 2018 and aims to change the wholesale procurement experience in the Middle East, North Africa and Pakistan from Saudi Arabia, using technology to connect micro and small businesses with wholesalers and develop intelligently. Since its inception, Sary has covered more than 350,000 customers, served more than 40,000 businesses, and shipped more than 270,000 pallets of goods across Saudi Arabia. (E-commerce News)

8. The number of sellers on Amazon India site exceeded 1 million

According to the news on December 20, Amazon India Station recently stated that the current sellers have successfully exceeded 1 million. Among them, more than 90% of the sellers are local small and medium-sized enterprises, and more than half of them come from second- and third-tier cities in India. It is reported that in January 2020, Amazon promised to provide digital support to 10 million small businesses in India by 2025, achieve cumulative exports worth US$10 billion, and create 2 million jobs in India. Since January 2020, more than 450,000 new sellers have joined Amazon, with more than 100,000 of which are entering Amazon's local offline retailers and community stores through the "Amazon Local Store" program. (E-commerce News)

9. Russian e-commerce Yandex.Market plans to launch a B2B platform in 2022

According to TASS, recently, Russian e-commerce giant Yandex.Market plans to launch a new B2B online platform in early 2022 to help companies quickly and conveniently purchase all the items needed for their business. It is reported that the service plans to expand its product category by introducing third-party sellers. Yandex.Market plans to provide about 100,000 items, including stationery, office furniture, preservatives, cosmetics and building materials. The service will be shipped from the Sofyino warehouse located in the Moscow region within 2 days of payment. (E-commerce News)

10. Gansu's cross-border e-commerce transaction volume increased by 838 million yuan from January to November this year by 124% year-on-year

According to the Gansu Daily, from January to November this year, Gansu Province's foreign trade imports and exports reached 45.88 billion yuan, a year-on-year increase of 34%, ranking sixth in the country. Countries along the "Belt and Road" achieved imports and exports of 21.48 billion yuan, an increase of 38.5% year-on-year, accounting for 46.8% of the province's total import and export value, an increase of 1.5 percentage points from the same period last year. In November, the total value of foreign trade imports and exports in Gansu Province was 5.53 billion yuan, an increase of 69.6%, of which the total value of exports was 1.19 billion yuan, an increase of 36%; the total value of imports was 4.34 billion yuan, an increase of 81.9%. From January to November, Gansu's cross-border e-commerce transaction volume reached 838 million yuan, an increase of 124% over the same period last year, and its import and export business covers nearly 40 countries and regions including the United States, Japan, South Korea, etc. (E-commerce News)