#Laogao E-commerce Newsletter# [February 21 E-commerce Morning News]

Morning news: Tmall Olympic official flagship store has launched 1 million Bingdundun; Alibaba launches the first public welfare live broadcast event for farmers in the New Year; Dingdong Maicai: triple stocking, no restrictions on orders to ensure the supply of Suzhou citizens' vegetable basket; German Post DHL: divested its routing planning company Greenplan; B2B e-commerce platform ECVV goes overseas in the Middle East...

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E-commerce newsletter

1. Tmall Olympic official flagship store lists 1 million Bingdun Dun

On February 20, Taobao announced that from 10:00 am to 21:00 pm this morning, each Tmall Olympic official flagship store will be on time for sale, with a total of 1 million Bingdundu. From the official mall, we can see that the 1 million Bingdun this time is rich in variety. In addition to figures, there are also badges, New Year's special editions, keychains, swing ornaments, plush toys, etc. The prices range from 58 yuan to 198 yuan. Data shows that in the past half a month, more than 100 million people have flocked to the Olympic Tmall official flagship store to squat at Bingdundun. They often "showed that there was still inventory in the first second, but the next second, it was prompted that it was sold out." (E-commerce News)

2. Alibaba launches the first public welfare live broadcast event for farmers in the New Year

According to the news on February 20, according to the report of Tianxia Online Business, from February 19 to February 28, the "Consumption Assistance New Year Action Beginning" event jointly organized by Alibaba Group's Social Welfare Department, Taobao.com and Taobao Live will officially launch, which is also the first public welfare and agricultural assistance event for Taobao Live this year. It is reported that 24 top Taobao anchors including Li Jiaqi, Lie'er Baby, Chen Jie and Kiki will participate in this event. (E-commerce News)

3. JD Home Appliances' 2022 "Spark Plan" Exhibition opened in 30 cities across the country

The 2022 JD Spark Plan Conference will focus on the release of the store strategy in 2022, the in-depth strategic cooperation of brands, the launch of new products, the implementation of retail activities, the kitchen and bathroom industry summit, and the refinement of operations. This JD.com's "Spark Plan" exhibition is not only a combustion aid to tap into the new increase in the home appliance market, but also a platform for various JD home appliance brands to display new products and new technologies to the industry, and store owners learn from each other. It is understood that JD home appliance stores are an important platform in the sinking market and are promoting a new retail model that integrates online and offline. Currently, JD.com’s home appliance stores are huge, achieving coverage of the national township market. (E-commerce News)

4. Dingdong Maicai: Three times stocking, no restrictions on orders to ensure the supply of Suzhou citizens' vegetable basket

According to February 20, the COVID-19 outbreak in Suzhou has been repeated recently. At present, the stocking of vegetables, fruits and poultry meat in Dingdong Maicai in Suzhou is more than twice as high as before, and some sites are even more than three times as high. Affected by the epidemic, the timeliness of Dingdong Maicai delivery are still delayed. It is recommended that citizens can reserve appropriately and place orders at staggered peaks. It is reported that in order to better support the epidemic prevention and control, Dingdong Maicai immediately raised and donated more than 500 tents and completed the construction in some key communities. The donated tents will be used by volunteers, nucleic acid testing medical staff and community prevention and control personnel. (E-commerce News)

Internet news

5. Himalaya Capital Clearing Pinduoduo

According to 21st Century Business Herald, recently, Himalaya Capital's 13F report submitted to the US Securities and Exchange Commission showed that as of the end of 2021, its total holdings were US$2.665 billion, an increase of about 24% compared with the end of the third quarter of last year. In terms of stock adjustment and stock exchange, Himalaya Capital bought slightly during the high period of Pinduoduo's stock price in the fourth quarter of 2020, and cleared 363,100 shares of Pinduoduo in the fourth quarter of 2021. From the perspective of market conditions, since the stock price hit a new high in February 2021, Pinduoduo's stock price has been falling continuously, with a drop of 70% in the past year. Market analysis Li Lu may suffer losses in this layout of Pinduoduo stocks. (E-commerce News)

6. Cainiao opens logistics facilities for free to support the transportation of anti-epidemic materials in Hong Kong

According to the report on February 20, according to the report of the World Online Business, Cainiao recently announced that it will open thousands of square meters of its Hong Kong international import warehouse for free for the allocation of materials to support the anti-epidemic materials in the mainland, and arrange professional logistics vehicles to deliver anti-epidemic materials to various regions in Hong Kong. The relevant person in charge of Cainiao Social Responsibility said that the warehouse and distribution resources opened this time will cooperate with the "Hong Kong Community Anti-epidemic Network" one of the largest non-governmental organizations in Hong Kong to fight the epidemic. The first phase will last for one month and be used for the distribution and distribution of donated materials for the society. In the future, the voluntary service duration will be adjusted based on the actual situation of Hong Kong's anti-epidemic. (E-commerce News)

Cross-border information

7. Deutsche Post DHL: Split its routing planning company Greenplan

On February 20, according to the official account of "Post Research Institute", Deutsche Post DHL Group recently announced that it would divest its routing planning company Greenplan to its current management team through management acquisition. Greenplan CEO Dr. Clemens Beckman co-led the acquisition with Floanri Mejette. It is understood that Floanri Mejert has served as the head of strategy and business development of Greenplan, currently holds a 25% stake in the company and serves as the general manager of Greenplan. According to data, Greenplan originated from a research project for DHL optimization transportation and route planning by the Department of Mathematics of the University of Bonn, Germany in 2016. (E-commerce News)

8. B2B e-commerce platform ECVV goes overseas in the Middle East

According to the official account of "Middle East Cross-border E-commerce Exchange", ECVV expanded into the Dubai market after receiving support from the Dubai Chamber of Commerce's Shenzhen representative office and opened an offline store in Dubai Al Khor. It is reported that ECVV was founded in 2006 and is headquartered in Shenzhen. The company is named Shenzhen Yixiweiwei Network Technology Co., Ltd. It is a cross-border B2B platform. Based on the advantages of China's industrial product supply chain, it provides global buyers with one-stop procurement services for B-end customers' industrial products. It is an Internet-based cross-border e-commerce comprehensive service provider serving Arab countries on the Belt and Road. (E-commerce News)

9. Alibaba International Station: In November, customers' attention to winter sports products increased by more than 35% month-on-month.

According to February 19, recently, with the holding of the Beijing Winter Olympics, domestic sales of ice and snow products have risen sharply, and overseas markets have also increased the demand for ice and snow products. The information learned by the reporter through Alibaba International Station shows that during the Winter Olympics, the increase in orders for purchasing ice and snow products through Alibaba International Station significantly exceeded the same period in previous years. Specifically, from the perspective of customers' attention to winter sports products, from November last year to this year's Beijing Olympics, related products have increased by more than 10% month-on-month, among which the attention to winter sports products in November increased by more than 35% month-on-month. (E-commerce News)

10. Yinchuan City achieved cross-border e-commerce transaction volume of 2.23 billion yuan in 2021

According to February 21, recently, in the Yinchuan Cross-border E-commerce Industrial Park, the Ningxia Service Center of Alibaba International Station is leading more than 50 local Ningxia companies to "go overseas" to fight. The reporter learned that after nearly two years of innovative exploration, China (Yinchuan) Cross-border E-commerce Comprehensive Pilot Zone recently delivered a report card: Yinchuan City achieved a cross-border e-commerce transaction volume of 2.23 billion yuan in 2021, accounting for 16.8% of Yinchuan's total import and export volume. It is reported that on December 15, 2019, Yinchuan, Ningxia was approved by the State Council to establish the China (Yinchuan) cross-border e-commerce comprehensive pilot zone. (E-commerce News)