#Laogao E-commerce Newsletter# [E-commerce Morning News on January 7]

Morning News: Pinduoduo affiliated companies have established a new company in Shanghai with a registered capital of 1 million yuan; Suning.com Logistics announced that it will not close during the Spring Festival in 2022; AliExpress: China's ski product sales in Q4 2021 increased by more than 60% year-on-year; eBay US station will adjust the transaction fee for sports shoes; Dong Express has suspended its business in Xi'an due to confirmed cases of an employee...

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

E-commerce newsletter

1. Alibaba's Hong Kong stocks closed up 5.68%, Munger increased his position sharply last quarter

According to the news on January 6, Hong Kong stocks closed today, the Hang Seng Index closed up 0.72%, and the Hang Seng Technology Index rebounded in the late trading, closing up 1.37%. Alibaba rose 5.68% to HK$121; on Tuesday local time, Daily Journal, a subsidiary of Charlie Munger, submitted its fourth quarter 13F table, showing that it bought 300,000 shares of Alibaba's US stocks, and its total holdings increased to 602,000 shares. JD.com Group closed up more than 4% today, Meituan rose 3.6%, Baidu Group rose more than 2%, and Xiaomi and Tencent rose more than 1%. (E-commerce News)

2. Pinduoduo affiliated companies established a new company in Shanghai with a registered capital of RMB 1 million

According to the news on January 6, Tianyan Check information shows that on January 6, Shanghai Yixu Network Technology Co., Ltd. was established with a registered capital of RMB 1 million. The legal representative is Zhu Jianchong. The business scope includes technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; information system integration services; computer system services; information technology consulting services; information consulting services; enterprise management consulting; certification consulting; Internet sales, etc. The equity penetration chart shows that the company is wholly owned by Pinduoduo's affiliated company Hangzhou Aimi Network Technology Co., Ltd., and the suspected actual controller is Chen Lei. (E-commerce News)

3. Suning.com Logistics announces that it will not close during the Spring Festival in 2022

According to January 6, Suning.com Logistics recently officially announced that it will not close during the Spring Festival in 2022, which is also the tenth year that Suning.com Logistics maintains normal service during the Spring Festival. In addition, Suning.com Logistics will also focus on ensuring the storage and allocation of people's livelihood and epidemic prevention materials in the epidemic area. (E-commerce News)

4. WeChat releases notice on mini program review adjustment during the Spring Festival

According to January 6th, today, the WeChat team issued a notice on the review and adjustment of mini program during the Spring Festival. Non-urgent arrears are required to suspend the trial during this period. The review team will give priority to the review form of the mini program code submitted before this. After the normal review resumes on February 7, 2022, the WeChat team will gradually review the regular version review during the Spring Festival in the order of the arrears. The mini program name review and category review are carried out simultaneously with the mini program code review. (E-commerce News)

Cross-border newsletter

5. Japan's largest distribution center in South Korea will be put into use

According to reports on January 6, it is reported that the largest distribution center established by Japan's Rakuten Group in Jinquan City, South Korea will be officially put into use at the end of January to help it shorten the delivery time of goods and cope with the increasingly competitive e-commerce market. It is reported that Lotte spent about 340 billion won to establish the distribution center this time. The distribution center covers an area of ​​140,000 square meters, has a floor height of 50 meters, is equipped with a 33-kilometer conveyor belt, and can handle 1.8 million packages from 210 loading and unloading terminals every day. It is the largest facility in Lotte's history. In addition, the distribution center's system will reduce it by 40%. (E-commerce News)

6. AliExpress: China's skiing goods sales increased by more than 60% year-on-year in Q4 2021

According to data from Alibaba's cross-border e-commerce platform AliExpress, in the fourth quarter of 2021, China's overseas sales of ski supplies increased by more than 60% year-on-year, and its overseas sales of domestic ski helmets increased by 15 times simultaneously. It is reported that in 2021, consumers from 100 countries and regions around the world purchased Chinese ski equipment on AliExpress, from Iceland to Chile to the north. According to the data of the "2020 China Ski Industry White Paper", from the 2020 to 2021 snow season, the number of domestic skiers has reached 20.76 million, and the development of the domestic market has driven the branding of domestic ski supplies. (E-commerce News)

7. eBay US station will adjust the transaction fee of sports shoes

On January 6, eBay issued an announcement today stating that eBay is committed to continuously building the best online retail platform. To this end, eBay will make changes to the final value fees for men and women's sneakers published in the Athletic Shoes category.

It is reported that from January 19, 2022, the transaction fee for sneakers with a starting price of more than US$100 will be adjusted to 8%. "The transaction fee for sellers of basic stores and above stores will be adjusted to 7%. Insertion fees will continue to be exempted for items with starting price of more than $100.

eBay says that for all competing platforms, eBay charges sellers low fees and provides a variety of new resources to help sellers accelerate their business growth, including free verification returns, seller protection and Authenticity Guarantee.

To date, eBay has authenticated about 2 million pairs of sneakers on global platforms, selling an average of one pair every four seconds. In addition, eBay Canada also recently issued an update announcement on the sports shoes collection fee. Starting from February 1, 2022, a 8% surcharge will be charged on sports shoes priced at US$100 or above (including taxes, freight, handling fees and all applicable fees) (not store sellers, i.e. second-hand resale sellers), and sellers of all stores will charge a 7% surcharge; advertising insertion fees for sports shoes priced at US$100 are exempted. (E-commerce News)

Internet Information

8. JD Express has suspended its business in Xi'an due to confirmed cases of an employee

According to the news on January 6, according to the "Shaanxi Radio and Transportation", the express delivery business that is currently in operation in Xi'an is mainly concentrated in Postal Service and SF Express, and JD.com has suspended its business due to confirmed cases of employees. The employment rate of postal employees in Xi'an is about 45%, and the delivery volume is 40% before the epidemic. Vehicle certificates and traffic are basically smooth, and 91% of urban areas and 58% of county and district investment departments are operating normally. Xi'an focuses on ensuring the transportation of epidemic prevention materials, and has transported a total of more than 100 tons of emergency materials in total. In terms of priority guarantee for daily living resources, a total of more than 7,600 boxes of convenient vegetables are distributed, and an average of 200 orders of medicines are issued per day. (E-commerce News)

9. The 10th anniversary of Cook's position as Apple CEO: salary of nearly $100 million in 2021

On January 7, according to Cailianshe, Apple's shareholder power of attorney submitted to the U.S. Securities and Exchange Commission on Thursday showed that Apple CEO Tim Cook's total salary in 2021 is $98.7 million. It is understood that 2021 is Cook's tenth year as Apple CEO. Documents show that Cook's base salary in 2021 is $3 million and received a stock award of $82.3 million. These stock rewards are restricted stock units and will be gradually cashed out, including $44.8 million in performance stock rewards and $37.5 million in tenure stock rewards. (E-commerce News)

10. 58.com released the "2021 China Blue Collar Employment Market Prosperity Index Annual Report"

According to the "58.com Blackboard News", recently, the "2021 China Blue Collar Employment Market Prosperity Index Annual Report" released by 58.com Recruitment Research Institute showed that among the six typical positions of cashier, clerk/salesperson, video anchor, online store operation, online sales and customer service specialist/assistant, the recruitment demand of video anchors increased significantly in the first and third quarters, and reached its peak in September; the peak demand for recruitment for other positions is consistent with the overall industry, and the peak demand for recruitment occurred in March. Thanks to the rapid development of live streaming and sales, video anchors are the positions with the largest increase in recruitment demand and job search supply. (E-commerce News)