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#Laogao E-commerce Newsletter# [E-commerce Morning News on January 25]

2022-01-25

Morning News: As of January 23, JD New Year's Festival has sold more than 600 million New Year's goods; it is reported that Xiaohongshu's organizational structure adjustment Community Ministry and E-commerce Ministry will merge; TikTok's Polish business growth in 2021 is 5 times, and the average monthly growth rate of 16% is reached; Lazada Vietnam Station released the "2021 E-commerce" industry report; Youzan Baigou Merchants Alliance and Wangfujing and other companies launched the "Hundred Baigou Merchants Festival" special event...




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1. As of January 23, JD New Year’s goods have sold more than 600 million New Year’s goods.


According to the report on January 24, sales data of JD New Year’s goods festival showed that as of January 23, JD New Year’s goods festival has sold more than 600 million pieces of New Year’s goods. JD.com and Baidu Map jointly released the "New Year's Goods and Spring Festival Travel Thermal Map", which fully demonstrated the characteristics of consumers online shopping for New Year's goods: New Year's goods are full of warmth of reunion, but also a new consumption trend is surging. According to the "New Year's goods and Spring Festival travel thermal map", New Year's Eve dinner is the most important part of the Spring Festival, and fresh beverages, wines and other foods are the preferred products for Chinese New Year. From the perspective of regional distribution, the consumption of New Year’s goods in Beijing and Guangdong has the highest popularity, accounting for 1/4 of the online shopping of New Year’s goods in the country. (E-commerce News)


2. TikTok launches the "TikTok Movie Welfare Night" event


It is worth mentioning that, Tech Planet previously reported that ByteDance acquired the ticketing platform "Shadowtopia". The platform covers more than 8,000 cinemas across the country, supports online seat selection and supports a variety of online payment and redemption methods. In addition to retaining the B-side business, the film top will also work with Douyin to jointly create online ticketing services. (E-commerce News)


3. News says Xiaohongshu's organizational structure adjustment Community Ministry and E-commerce Ministry will merge


According to "Xinyan Finance" exclusively learned from multiple sources, Xiaohongshu has recently adjusted its organizational structure, and the original community department and e-commerce department will merge into a new community department. In addition, it is reported that Xiaohongshu COO Conan wants to bring e-commerce business. Regarding the above news, Xiaohongshu said: Xiaohongshu's community vision is to become a gathering place for more users to have a diverse lifestyle, and transactions are an important part of community life. The merger of community and e-commerce businesses is a natural iteration of the organization in the process of realizing its common vision. (E-commerce News)


4. JD.com responds to IPO in Hong Kong: No comment


According to Reuters' IFR, JD.com plans to launch an IPO in Hong Kong in 2022, raising $1 billion to $2 billion. It is reported that JD.com is working with Bank of America, CITIC Securities and Haitong International to go public. According to reports, JD.com may conduct a round of pre-market financing before going public. In response, JD.com officially stated that it would not comment. JD data shows that as of September 30, 2021, JD Group's revenue was RMB 218.7 billion, an increase of 25.5% from the third quarter of 2020. According to different businesses, JD.com's retail revenue in the quarter was 198.08 billion yuan, JD.com's logistics revenue was 25.749 billion yuan, and new business revenue was 5.733 billion yuan. (E-commerce News)


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5. In 2021, TikTok's Polish business grew by 5 times and the average monthly growth rate reached 16%.


According to reports on January 24, TikTok had more than 1 billion users worldwide in 2021, of which the largest number of users in Europe was 100 million. Among European countries, Polish users account for 1.9 million. Sylwia Chada, CEO of TikTok's Central European Market, said that Poland's business grew five times last year, with an average monthly growth rate of 16%. Market research group Kantar studied the browsing records of TikTok users in Poland, and the results showed that 70% of TikTok users plan to change their phones; one-third of users buy clothing and cosmetics online; and 64% prefer to buy environmentally friendly products. (E-commerce News)


6. Internal document disclosure record fees for Amazon and Meta lobbying Congressmen in 2021


According to a report on January 25, according to a congressional document, the cost of tech giants Meta and Amazon lobbying lawmakers set a record in 2021. Among them, Amazon spent $20.3 million on this and Meta spent $20.1 million, setting the highest record for this expenditure in each company within one year. According to data from the lobbying tracking organization "Open Secrets", in 2020, Amazon spent $18.8 million on lobbying and Meta spent $19.7 million. (IT Home)


7. Lazada Vietnam Station releases the "2021 E-commerce" industry report


On January 24, Lazada Vietnam Station recently released the "2021 E-commerce" industry overview report, which has conducted in-depth research on the changes in Vietnamese consumer behavior in 2021.

The report pointed out that Lazada Vietnam Station, as a whole, has expanded its age range, spending more time on the platform, and is willing to buy more and higher value orders. By analyzing changes in target audiences, the report found that e-commerce platforms attracted more sellers from the fast-moving consumer goods industry (related to increased demand) and non-city sellers than before.  

The report said that 58% of Vietnamese consumers believe they will continue to buy groceries on e-commerce platforms, and 53% of consumers say that online groceries have become the norm for life. (E-commerce News)


Internet Information


8. Youzan Baigou Merchants Alliance and Wangfujing and other companies launched the special event on "Hundred Purchase New Year's Goods Festival"


On January 24, according to the "Youzan Say", Youzan Baigou Merchant Alliance joined hands with more than a dozen well-known domestic Baigou merchants including Wangfujing Group, Wenfeng Co., Ltd., Nanjing Xinbai to launch the special event of the "Hundred Purchase New Year Festival". According to reports, due to the impact of the epidemic, "cloud shopping" has become the norm in major physical department stores. Baigou Mall's online mall supports self-pickup, express delivery, and 24-hour open. From 2016 to 2021, the annual compound growth rate of Youzan Baigou merchant’s private domain transaction scale exceeded 106%. (E-commerce News)


9. JD Logistics’ “Jingfly” UAV has completed three major technological breakthroughs


On January 24, according to JD Logistics WeChat official account, recently, the "Jingfly" self-rotating rotor branch logistics drone independently developed by JD Logistics carried out flight tests for relevant airworthiness subjects in Xinjiang, including road takeoff, night flight and off-site transfers. "Jingtie" took off successfully on an ordinary highway in the outskirts of Korla. After nearly 60 minutes of flight, it successfully landed in Tiemenguan Shuangfeng Airport. It is understood that the "Jingting" self-rotating rotor branch logistics drone adopts the design layout of a self-rotating rotor, with a maximum take-off weight of 500 kg, a maximum commercial load of 120 kg, and a coverage radius of 450km. (E-commerce News)


10. Shanghai law enforcement departments convened in talks with three online freight platforms including Didi Freight


At the talks, the Shanghai Municipal Transportation Law Enforcement Department and the Public Security Traffic Police Department clearly put forward requirements for the three online freight platforms, strictly review qualifications, and prevent non-compliant vehicles and personnel from engaging in road freight operations. In particular, registered personnel and vehicles shall be reviewed offline, unlicensed vehicles and personnel shall be cleaned up in a timely manner, and it is prohibited to send call information to non-compliant vehicles and personnel. In terms of compliance supervision of entrusted goods, in addition to doing a good job in offline training for drivers, online push information will also be optimized to ensure that the goods are legally and compliantly transported. (E-commerce News)


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