Morning Information: TST Court secretly responded to "the main company is suspected of pyramid schemes": the company's operations are normal; Mutualbao will be closed on January 28, 2022; AliExpress will stop Palestinian e-commerce business in 2022; Hema says Sam and Costco members can enter Suzhou Hema X membership store for free to experience...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. Visual China: The metavisual platform is still in the early stage of its launch
According to December 29, yesterday, in response to the previous launch of the visual art digital collection platform "Meta Vision", Visual China stated that the metavisual platform is still in the early stage of its launch. The company's advantage is that it has reserved a lot of content, which can be arranged to be rich in online content, and will be adjusted at any time according to market reactions and other situations. Currently, new plans are planned to be launched every week, and the digital collection launch plan for the first quarter of 2022 has been initially arranged. (E-commerce News)
2. JD.com Group: Expand and extend the authorization of existing share repurchase plan
According to December 29, this morning, JD.com Group announced on the Hong Kong Stock Exchange that the board of directors has approved the amendment of the existing share repurchase plan adopted in March 2020. Accordingly, the repurchase authorization will be increased from US$2 billion to US$3 billion and will be extended to March 17, 2024. (E-commerce News)
3. Feiduoduo, a subsidiary of Guolian Co., Ltd., joined the China Nitrogen Fertilizer Industry Association
According to Feiduoduo’s official WeChat account, Feiduoduo recently received a certificate issued by the China Nitrogen Fertilizer Industry Association. It is reported that on December 11, the Third Council Meeting of the Seventh China Nitrogen Fertilizer Industry Association was held in Dezhou City, Shandong Province, and the on-site vote was passed by Ningbo Feiduoduo E-commerce Co., Ltd. to join the China Nitrogen Fertilizer Industry Association. (E-commerce News)
4. Aihuihui announced that it will repurchase up to US$100 million in the next 12 months
December 28th news, today, China's largest second-hand electronic product trading and service platform Aihuihui announced that the company's board of directors has approved a stock repurchase plan. Under the plan, the company can buy back up to $100 million in stake in 12 months from December 28, 2021. As of press time, Aihui rose 6.53% to $6.20. The Ai Recycling Board will regularly evaluate the stock repurchase program and may authorize adjustments to the terms and size of the repurchase program. (E-commerce News)
Cross-border newsletter
5. Hema says Sam and Costco members can enter Suzhou Hema X membership store for free to experience
In this regard, relevant persons from Hema confirmed that in January 2022, Sam and Costco members can enter Suzhou Hema X membership store for free to experience. It is reported that Carrefour previously jointly reported that Sam had "choose one of two" and said that suppliers of Hema x membership stores in Shanghai and other cities were under pressure from Sam to "cut off supply" Hema. (E-commerce News)
6. FedEx announced an investment of US$42 million to build a ground distribution center in the United States
According to foreign media reports, FedEx recently announced an investment of US$42 million to build a ground distribution center. Located near Highway 14, South Parksburg, West Virginia, near Wal-Mart, Lowes and Kohl's, and close to Old Dominion Truck on Bosley Industrial Avenue, the distribution center covers an area of 250,000 square feet and is expected to be operational in 2022. According to reports, the geographical advantage of FedEx's new distribution center is that it is close to the expressway and buyers, which can greatly shorten its delivery time to improve delivery efficiency. In addition, the labor force near the distribution center is relatively sufficient, which can meet its subsequent employment needs. (E-commerce News)
7. AliExpress will stop Palestinian e-commerce business in 2022
According to foreign media reports, Alibaba's AliExpress subsidiary recently stated that it will stop providing services to Palestinian buyers from January 1, 2022, which means that Palestinian buyers will no longer be able to purchase products on AliExpress.com. It is reported that AliExpress’s decision stems from the Palestinian Post Office’s refusal to process packages with the word “Israel” in its address. At present, AliExpress has issued a service suspension notice to Palestinian buyers through text messages. (E-commerce News)
Internet Information
8. TST Court secretly responded to "the main company is suspected of pyramid schemes": everything is normal in the company's operations.
On December 29, the Yuhua District Market Supervision and Administration Bureau of Shijiazhuang City recently disclosed the progress of Darwei Company, the operating entity of the well-known daily chemical brand "TST Court Secret", suspected of using pyramid schemes to engage in pyramid schemes. (Yibang Power News)
9. Ferrari announces collaboration with NFT service provider Velas
According to December 29, on December 27, Ferrari announced a cooperation with Velas Network AG. Velas will create exclusive digital content for Ferrari fans. In addition, Velas will become the title sponsor of the Ferrari Esports Series and the Yuema Online Single Brand Series. It is reported that Velas is a global player in the field of NFT, mainly creating and integrating digital products. (Sina Finance)
10. Mutual Bao will be closed on January 28, 2022
According to Cailianshe, Mutualbao issued an announcement today, announcing that the mutual aid plan will be stopped on January 28. From the date of announcement, members will no longer participate in mutual assistance sharing. Members who are diagnosed before closure can still initiate mutual aid applications, and the mutual aid funds will be borne by the Mutualbao platform. (E-commerce News)
EN
CN
