#Laogao E-commerce Newsletter# [E-commerce Morning News on January 18]

Morning News: 1688 will release a "specialized, specialized and innovative" enterprise service plan; Antarctic e-commerce is "anti-monopoly"? Received a decision on the concentration of operators; Dunhuang.com has added a US E-ciga dedicated line-JY in its online shipping channel; Singapore's beauty and social e-commerce company Raena received US$10 million in financing; Kuaishou CFO Zhong Yiqi announced his retirement to take over the role of the former CFO of Huya Times...

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E-commerce newsletter

1. 1688 will release the "Specialized and New" enterprise service plan

On January 17, today, the China Industrial Internet Research Institute and Alibaba 1688 signed a "Specialized, Special and New" enterprise service framework cooperation agreement. The two parties will set up exclusive service packages for "specialized, specialized and innovative" small and medium-sized enterprises in digital transformation, market expansion, brand cultivation, e-commerce operations, online marketing, etc., to help enterprises further improve their innovation capabilities and competitiveness. (E-commerce News)

2. Byte brand perfume "EMOTIF" is on sale

According to "Xinyan Finance", ByteDance's "EMOTIF" is undergoing the final debugging before it is launched, and is currently conducting related tests on third-party e-commerce platforms. It is reported that EMOTIF perfume is divided into three sub-series, namely "Electronic Lover", "Deep Sea Flight", and "Pompidou drinks only champagne". The perfumes on sale have capacity of 2ml and 9ml, and the prices are 19.9 yuan and 198 yuan respectively. It can be seen from the public pictures that EMOTIF perfume adopts a column spray packaging, and the user can spray the perfume on his body after pressing the press. (E-commerce News)

3. Antarctic e-commerce is "anti-monopoly"? Received the decision on the concentration of operators

On January 17, Antarctic E-commerce just released that the company received the "Decision on the Further Review of Anti-monopoly Review of Operators Concentration" from the State Administration for Market Regulation on January 17, 2022: According to Article 25 of the Anti-monopoly Law of the People's Republic of China, after preliminary review, it is now decided that the equity case of Antarctic E-commerce Co., Ltd. Baijiahao () Fashion Co., Ltd. will not be further reviewed. The company can implement centralization from now on. (Yibang Power)

4. Jiangsu's express delivery business volume in 2021 reached 8.61 billion pieces year-on-year increase of 23.4%

On January 18, according to Xinhua Daily, Jiangsu completed a total postal business volume of 97.27 billion yuan and a business revenue of 100.11 billion yuan in 2021, an increase of 20% and 8.9% year-on-year; completed a express business volume of 8.61 billion pieces and a express business revenue of 78.84 billion yuan, an increase of 23.4% and 11.2% year-on-year respectively. In addition, in 2021, the access rate of 4 brands of express delivery services in Jiangsu Province was 100%, and the access rate of 7 brands of express delivery services was 96.95%. The annual implementation of 42 key express delivery services in modern agriculture projects and 8 projects with business volume exceeding 10 million pieces, with a cumulative business volume of 471 million pieces and a driving agricultural output value of 27.1 billion yuan. (E-commerce News)

Cross-border newsletter

5. Singapore beauty and social e-commerce company Raena receives US$10 million in financing

On January 17, Singapore's beauty social e-commerce company Raena announced that it had received a US$10 million financing led by Alpha Wave Incubation and AC Ventures. Other investors include PT Sumber Alfaria Trijaya TBK and Alto Partners. As of now, Raena has received a total of $21 million from investors. After the latest round of financing, Raena is valued at approximately $81 million. According to information, Raena was founded in 2018 by former Amazon and Google executives Sreejita Deb and Lim, the platform purchases and aggregates products directly from brands or local manufacturers and then sells them online to micro-entrepreneurs on its full-stack technology platform. (E-commerce News)

6. The online shipping channel of Dunhuang.com has added a US E-ciga dedicated line-JY

On January 17, Dunhuang.com issued an announcement today stating that in order to better provide sellers with diversified logistics products, online shipments have newly launched "American E-ciga dedicated line-JY" and "American E-ciga dedicated line-JY". The announcement shows that the service country of the new route is the United States, with a transportation time of 7-15 days, and the product attributes that can be issued are Class 3C products. Acquisition area: the whole city of Shenzhen City, Guangdong Province; Baiyun District, Guangzhou City, Guangdong Province, the whole district will be collected from 20 kilograms or 20 tickets, and other areas require customers to send it themselves. (E-commerce News)

7. Amazon withdraws ban on Visa credit cards in the UK

On January 17, Amazon said on Monday local time that it will not ban the acceptance of Visa credit cards issued by the UK on its website later this month, adding that the company is working with Visa to seek to resolve disputes regarding payment fees. (E-commerce News)

Internet Information

8. Ctrip: Spring Festival air ticket search volume increased by 30% year-on-year in one month before the start of the Spring Festival travel rush

According to January 17, the 2022 Spring Festival travel rush officially kicked off today. Ctrip data shows that one month before the start of the Spring Festival travel rush, the number of searches for the Spring Festival air tickets increased by 30% year-on-year; the proportion of orders for staying in hotels one day before New Year's Eve increased by 241% year-on-year; more than two weeks in advance, car rental orders for booking cars during the Spring Festival increased by more than 50% year-on-year. During the Spring Festival travel rush, the prices of air tickets returned to the hometown in many places across the country showed an upward trend. In terms of order volume, the number of air ticket orders booked during the 2022 Spring Festival travel rush from January 10 to January 16 increased by more than 70% month-on-month. (E-commerce News)

9. Kuaishou CFO Zhong Yiqi announced his retirement from the former CFO of Huya Times

According to "LatePost" report, Kuaishou CFO Zhong Yiqi officially announced his retirement today. In order to ensure a smooth transition, Zhong Yiqi will serve as a senior consultant of Kuaishou from now on for two years. In addition, the new CFO Jin Bing joined the company and reported to CEO Cheng Yixiao. It is reported that Zhong Yiqi, 55, has worked in Procter & Gamble, Dell, Li Ning Group and Autohome. In addition, Zhong Yiqi is also the only three executives with the title of "CXO" at Kuaishou, and the other two are CEO Cheng Yixiao and CTO Chen Dingjia. (E-commerce News)

10. Shihuituan affiliated companies are restricted from high consumption

According to the news on January 17, Tianyan Check information showed that the Shihuituan affiliated company Beijing Qunxian Huicui Technology Co., Ltd. has been restricted from high consumption recently, and the related consumer restricted consumption targets are Wang Wenjing, the company's legal representative, involved labor dispute dispute cases. It is worth mentioning that on December 15, 2021, Chen Ying, the co-founder of Shihuituan, stepped down as the company's legal representative, and was replaced by Wang Wenjing, who is also the legal representative of Beijing Shihui Technology Co., Ltd. to Shihuituan. (E-commerce News)