Morning News: News said that Meituan launched a "bag box" for grass-planting products; JD.com signed a cooperation agreement with online luxury platform Cettire; Douyin e-commerce plans to close the physical lucky bag function of some experts; Wish parent company launched the "invitation registration" merchant review process; Guangzhou cross-border e-commerce retail import ranked first in the country for eight consecutive years...
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E-commerce newsletter
1. News says Meituan launches a "Bao Box" for grass planting products
According to Lujiu Finance, Meituan quietly launched the "Qiao Box" function on its e-commerce page and entered the grass planting track. According to the Zhenbao Community Convention, this function has actually been launched on December 16, 2021, but the entrance is very deep. Recently, "Zhao Box" has been located in a prominent position on the homepage of Meituan e-commerce. Its name is obviously homophonic with "Zhen Xiang", and the logo uses the panda head logo of Tuanhao Goods. In this regard, Meituan said that "Qiao Box" is a business pilot for Tuanhao Goods and is still trying to "low-key". (E-commerce News)
2. JD.com and online luxury platform Cettire signed a cooperation agreement
February 8 news, according to foreign media reports, online luxury platform Cettire announced on Monday that it had signed a cooperation agreement with JD.com to enter the mainland Chinese market. Market insiders predict that by 2025, mainland China will become the world's largest personal luxury goods market, with the global personal luxury goods market value reaching AU$600 billion, while mainland China's market will account for about 25%. Cettire expects that entering the mainland Chinese market will mean a market opportunity worth AUD 150 billion. After the news came out, Cettire's share price rose 21.79% to $2.85 per share on Monday, driving its market value to rise by more than $1.1 billion. (E-commerce News)
3. Douyin e-commerce: sales of ice and snow sports-related products increased by 924% year-on-year during the Spring Festival
According to reports on February 8, Douyin e-commerce Spring Festival consumption data showed that from January 31 to February 6, the sales of goods on the platform increased by 119% compared with the same period last year. During the Spring Festival, ice and snow sports products and related peripheral products continued to be sold on Douyin e-commerce platform, with overall sales increasing by 924% year-on-year. The five most purchased products are cold-proof ski hats, ski keychains, children's ski pants, quick-drying clothes, and desktop curling balls. (E-commerce News)
4. Douyin e-commerce plans to close the physical lucky bag function of some experts
According to February 8, yesterday, Douyin E-commerce released an update announcement on the "Super Lucky Bag" interactive function service agreement". The notice stated that in order to better protect the legitimate rights and interests of small store platform users and enhance the user's agreement experience, the platform plans to change the "Super Lucky Bag" interactive function service agreement. Specifically, the main changes of this adjustment are: for experts with the subsequent super lucky bag function, the physical lucky bag function will be turned off; the super lucky bag function and the physical lucky bag function, and the e-commerce expert can only retain the super lucky bag function. (E-commerce News)
Internet news
5. SF Express: More than 200 tons of flowers are shipped on the first day after the holiday.
According to SF Express Group, on February 7, on February 7, the first day of the holiday after the Spring Festival, Kunming Dounan Flower Market, the "Asian Flower Capital", welcomed a good start. SF Express alone shipped more than 200 tons of flowers on the same day. Flowers have strict requirements on timeliness. Thanks to SF Express's continuous improvement in service and timeliness, Yunnan SF Express is expected to carry more than 3,500 tons, accounting for more than half, making it a major carrier in the flower market. SF Express said that in 2021, SF Express will transport more than 60,000 tons of flowers, 30,000 tons of tea, more than 20,000 tons of fruits, and more than 10,000 tons of vegetables to Yunnan. (E-commerce News)
6. Meituan: The average daily digital RMB transaction amount during the Spring Festival holiday increased by 68.54% month-on-month
According to the news on February 8, data from Meituan platform showed that as of February 7, within the seven days of the Spring Festival holiday, the average daily digital RMB transactions on Meituan platform increased by 56.40% month-on-month the week before the festival; the average daily digital RMB transaction amount on Meituan platform increased by 68.54% month-on-month the week before the festival. It is understood that with the expansion of the scope of the digital RMB pilot, this year's Spring Festival, consumers in pilot cities can use digital RMB payment online and offline for the first time. (E-commerce News)
Cross-border information
7. Wish parent company launches the "invitation registration" merchant review process
According to Bianniushi, Wish parent company ContextLogic Inc. recently announced the launch of a new "invitation system" merchant review process. According to reports, the mechanism will take effect immediately, which will mean that new merchants who want to settle in Wish need to go through multiple rounds of review. It is reported that the initiative aims to increase the user trust of the Wish platform by focusing on and supporting high-quality merchants. "Invitational Registration" replaces the previous open model of freely registering accounts through the Wish merchant platform. This new policy does not affect existing merchants on the platform. (E-commerce News)
8. Amazon launches telehealth service Amazon Care across the United States
February 9th news, according to Phoenix Technology, Amazon announced on Tuesday local time that it will launch Amazon Care's telemedicine service across the United States. It is reported that Amazon launched the experimental Amazon Care in 2019 to provide services to its Seattle headquarters and nearby employees. Amazon Care plans to launch the service later this year in 20 cities including New York City, San Francisco, Miami and Chicago. Amazon said it will expand Amazon Care by taking advantage of the surge in demand for home medical services caused by the COVID-19 epidemic. (E-commerce News)
9. Guangzhou’s cross-border e-commerce retail import ranks first in the country for eight consecutive years
According to the Guangzhou Municipal Bureau of Commerce, since its cross-border e-commerce retail import business in 2014, Guangzhou's cross-border e-commerce retail import has ranked first in the country for eight consecutive years. In 2021, Guangzhou introduced 20 new foreign trade routes, opening a total of 134 foreign trade routes, and has maritime trade transactions with more than 400 ports in more than 100 countries and regions around the world. Baiyun Airport's air route network covers more than 230 waypoints around the world. Guangzhou has formed a "4-hour air transportation circle" with major cities in Southeast Asia and a "12-hour air transportation circle" with major cities around the world, providing a convenient logistics channel for cross-border e-commerce imports. (E-commerce News)
10. TikTok and Apple Siri reach cooperation to search videos through voice commands
According to reports on February 8, TikTok and Apple Siri have reached a partnership, and iPhone users can directly search for Douyin's video content through Siri voice commands. It is reported that this is the first time Siri has cooperated with short video category apps worldwide to this feature. It is reported that in 2016, after the release of iOS 10, Siri has been opened to third-party applications one after another, and users can use Siri to send messages, complete payments, or create fitness goals. (Sina Technology)
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