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#Laogao E-commerce Newsletter# [E-commerce Morning News on January 12]

2022-01-12

Morning news: Dingdong Maicai: Double stocking, unlimited orders to ensure the supply of vegetable baskets for Shenzhen citizens; JD New Year Festival launches a "Tiger" year special session; Amazon Global Store China releases strategic focus for 2022; the number of active users of enterprises exceeds 180 million, which will be connected to the video account; French second-hand commodity trading platform BackMarket completes a new round of financing of US$510 million...




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1. Dingdong Maicai: Double stocking, unlimited orders to ensure the supply of Shenzhen citizens' vegetable basket


According to Shenzhen Business Daily, since the confirmed cases of new coronavirus pneumonia appeared in Shenzhen, Dingdong Maicai has helped Shenzhen fight the epidemic in many aspects such as supply, delivery, and safety. At present, the stocking of Dingdong Maicai’s key daily necessities in Shenzhen is more than twice as high as before, and the stocking volume of some sites has reached 3 times, which can meet the daily life of Shenzhen users. At the same time, unmanned shelves and temporary storage points in the community are also adopted to ensure the safe and contactless delivery of goods. (E-commerce News)

2. Popular Chinese stocks closed on Tuesday and generally rose by JD.com.cn.com


According to news on January 12, popular Chinese stocks closed up generally on Tuesday. Among them, Monster Charging rose by more than 14%, Tuniu rose by more than 13%, 1 Pharmaceutical Network rose by more than 12%, JD.com rose by more than 10%, Beike rose by more than 8%, New Oriental rose by more than 7%, iQiyi, Zhihu, Gaotu rose by more than 6%, Pinduoduo, Xunyouyou, and Vipshop rose by more than 5%, Weibo, Alibaba, NetEase, NetEase Youdao, and Ctrip rose by more than 3%, Baidu rose by nearly 3%, Bilibili, Youxin, and Autohome rose by more than 2%, and Kingsoft Cloud rose by nearly 2%. (E-commerce News)


3. JD New Year’s Festival launches the “Tiger” New Year’s Festival


On January 11, the Lunar New Year of Tiger is approaching, and JD New Year's Festival specially launched the "Tiger" Year's Special Festival, and joined hands with well-known brands such as the Palace Museum's Cultural and Creative, Xiaomi, Philips, iFlytek, and BBK to launch the "Tiger Year's New Gift" with over 10,000 tiger elements and Chinese red elements, covering a variety of categories such as home, beauty, luxury goods, clothing, mobile phone communications, home appliances, food and beverages, wine, fresh food, etc. At the same time, JD.com has joined hands with classic cultural IPs such as the Palace Museum Cultural and Creative, Shangmei Film, and Potala Palace, and many national trend brands to launch many new year gift boxes for the Year of the Tiger, including couplets, red envelopes, blessing characters, spring strips and other products. (E-commerce News)


4. Dingdong Maicai: New Year’s Eve dinner, Kuaishou cuisine sales increased by more than 400%


According to news on January 11, Dingdong Maicai’s data today shows that the peak season for New Year’s goods sales this week has entered. Various products such as New Year's Eve dinner ingredients, wine and beverages, New Year's gift boxes related to "New Year's Eve" have rapidly heated up. During this year's New Year's Goods Festival, food related to Kuaishou cuisine increased by more than 400% year-on-year. Among them, the sales volume of a "Flower Blooming Yellow Crocodile Steamed Meat Cake" increased by more than 980% month-on-month; "Congratulations on Facai Jinbao Shaped Hair Cake", "Finance Blooming Braised Round Hoof", "Hongxi Yunji Pig Slayer", and "Zhaocai Jinbao Abalone Steamed Pig Trooster" increased by more than 500% month-on-month. (E-commerce News)


Cross-border newsletter


5. French second-hand commodity trading platform BackMarket completes a new round of financing of US$510 million


On January 12, French second-hand commodity trading platform BackMarket said on Tuesday that it has completed a new round of financing of US$510 million, with its total valuation reaching US$5.7 billion. BackMarket's round is led by London-based private equity firm Sprints Capital, France's Eurazeo and Aglae Ventures, General Atlantic and Generation Investment Management. BackMarket said it currently has more than 6 million customers worldwide, and the new round of financing will help it mainstream recycled technologies — or reusable and more sustainable technology products — to meet the growing demand for such products. (E-commerce News)


6. Amazon Global Store Opening China Releases Strategic Focus for 2022


According to January 11, today, the Amazon Global Store Opening Online Cross-border Summit was held in Shanghai. The summit lasted for three days, including the main strategic press conference, parallel branch venues for novices and senior sellers, and the official lecture hall training camp. At the same time, Amazon Global Store Opening also shared the business performance of Chinese sellers on Amazon’s global sites in the past year, with the number of new sellers in China continuing to maintain double-digit growth. It is reported that Amazon has opened 17 major overseas sites to Chinese sellers. (E-commerce News)


7. Middle East food and grocery delivery platform TipTop completes a seed round of $5 million


According to foreign media reports, recently, TipTop, an online food and grocery delivery platform in the Middle East, recently completed a $5 million seed round of financing, with the investor being Korek Telecom, a mobile operator from Kurdistan. The funds for this round of financing will be used for the expansion of TipTop business. Since its inception, TipTop has raised a total of $7 million. It is reported that in the field of food delivery, TipTop has provided services to 50,000 users and cooperated with 350 restaurants. TipTop founder Al Soud said that TipTop's takeaway business achieved a growth rate of 400% in the second half of 2021, up from 125% in the first half of the same year. (E-commerce News)


Internet Information


8. The number of active users of enterprises with over 180 million will be connected to the video account.


According to January 11th, today, the 2022 new product launch conference of Enterprise WeChat was held in Guangzhou. Huang Tieming, vice president of Tencent WeChat business group and head of corporate WeChat, announced the latest achievements of corporate WeChat: the number of real enterprises and organizations on corporate WeChat exceeds 10 million, the number of active users exceeds 180 million, and the number of active users connected to WeChat exceeds 500 million. The Enterprise WeChat team also disclosed that every hour, 1.15 million corporate employees interacted with users on WeChat 140 million times through Enterprise WeChat. In addition, at the press conference, Enterprise WeChat announced that it will be connected with the video account. Video accounts have begun to have the ability to efficiently connect consumers. (E-commerce News)


9. "Lingmao SCM" completed US$30 million A+ round financing


It is understood that as of now, Lingmao SCM has served nearly 400 companies in the fields of shoes, clothing, luggage, etc. with a renewal rate of nearly 100%, and has connected more than 100,000 OEM factories, material suppliers, etc., and has begun to have an economies of scale. After this round of financing, Lingmao SCM will successively open up the supply chain system with its products, provide full-link system support for clothing brands, and gradually empower customers to enhance business value through resource integration and data intelligence. (E-commerce News)


10. The digital collection issuance and trading platform "Taopai" is officially launched


On January 11, today, the digital collection issuance and trading platform "Taopai" was officially launched. Users can purchase digital collection NFTs issued by artists, brands or well-known IPs such as film and television, animation, and games on the Taobao platform through familiar payment forms such as WeChat payment, Alipay, and bank cards. It is reported that whether it is traditional art, film and television, music, the Internet or blockchain fields, any team that has the intention to issue digital collections can access the Taobao platform, list and sell digital collections NFTs, or connect to and develop applications that support fiat currency transactions in digital collections NFTs. (E-commerce News)


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