#Laogao E-commerce Newsletter# [March 8 E-commerce Morning News]

Morning news: JD Supermarket Consumer Trend Report: The growth rate of female users born in the 2000s exceeded 6 times year-on-year; Kuaishou punished fraudulent content and accounts in February to impose a total of 1.09 million accounts; Yixian E-commerce announced that the US stock market will release its Q4 and full-year results in 2021 before the market trading on March 10; Amazon acquired e-commerce software company Veeqo; Report: TikTok and Shopee became the most popular apps in Southeast Asia in 2021...

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E-commerce newsletter

1. TikTok launches a warning function for posting a post to combat online violence

On March 8, the Douyin Security Center announced that it has launched the warning function to effectively intervene in the perpetrators, concentrate on rectifying violations such as improper search, leakage of other people's privacy, abuse and attacks, and deal with relevant accounts. In severe cases, they will be banned and cooperate with relevant departments to pursue their legal responsibilities. Among them, for inappropriate private messages, new functions such as "risk reminder" and "negative content filtering" have been launched. Data shows that Douyin generates 800 million comments every day, of which "insults, personal attacks" account for 32.79% of the inappropriate comments that are complained, reported and finally handled. (E-commerce News)

2. JD Supermarket Consumption Trend Report: The growth rate of female users born in the 2000s exceeded 6 times year-on-year

On March 7, JD Supermarket released the "2022 Instant Consumption Trend Report" on March 5. The report shows that the top 5 cities using hourly shopping services are Beijing, Shenzhen, Guangzhou, Chengdu and Shanghai, and first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen still occupy the main position of hourly shopping consumption. Beer, casual snacks, rolls, baby milk powder and sanitary napkins are the top 5 favorite categories for instant consumer users. From the perspective of consumer groups, the proportion of users under 35 years old reaches 55%. It is worth noting that the group with high growth rate is born in the 1995 mothers, with a year-on-year increase of more than 6 times in 2021. (E-commerce News)

3. Kuaishou punished fraud content and accounts in February for a total of 1.09 million yuan.

According to March 7, tonight, Kuaishou Blackboard Newspaper released the second issue of the announcement on severely cracking down on fraud account. The announcement stated that in February 2022, the Kuaishou community security and risk control team conducted special governance on fan fraud, private order transaction fraud, counterfeit fraud, order-brushing part-time fraud and other contents and accounts through the risk control identification model, and a total of 1.09 million yuan of accounts were fined. The Ministry of Justice cooperated with the police to crack down on two fraud cases and criminally detained five people. (E-commerce News)

4. Yixian E-commerce announced the release of Q4 and full-year results for US stocks before the market trading on March 10

According to March 7, Yixian E-Commerce recently announced that the company will release its unaudited performance reports for the fourth quarter and full year of 2021 before the U.S. stock market trading on March 10, 2022. After the performance data is released, the management of Yixian E-commerce Company will hold a conference call at 7:30 am on March 10th to discuss financial results. (E-commerce News)

Internet news

5. JD.com initiates the "Order Charity" project to focus on the physiological health issues of rural women

On March 7, recently, JD.com's "Order Charity" has jointly launched a "Defend Her Movement" female charity activity with JD.com Public Welfare Materials Love Link, JD.com Health, and JD.com Allianz Insurance, with the China Women's Development Foundation. The charity activity focuses on the physical health issues of rural women and aims to enhance women's awareness of physical health. As of now, JD.com's "Order Charity" has launched six major charity plans. The latest data shows that the total number of participants in the plan has reached 25.5 million. (E-commerce News)

6. ByteDance’s internal test knowledge learning product “Curious Xiaozhi”

March 8th news, recently, according to Tech Planet, he chose to enter the knowledge track again and tested the new knowledge learning app "Curious Xiaozhi". This product is a knowledge learning product specially created for young people. Its slogan is "view the world and learn knowledge". According to the pictures in the internal test, "Curious Xiaozhi" is a content platform with popular science and question-and-answer nature. On the home page, users can see the daily selected knowledge, and the content is displayed to users in the form. Above the selected knowledge, there is also an exploration area, which includes knowledge areas such as hot news, 100,000 curiosity, and scientific exploration. The content is mainly displayed in video form. (E-commerce News)

Cross-border information

7. Amazon acquires e-commerce software company Veeqo

According to CNBC, in November 2021, Amazon quietly acquired e-commerce software company Veeqo, but did not disclose the acquisition. Veeqo production tools help online companies sell products inside and outside Amazon. An Amazon spokesman confirmed the acquisition but declined to disclose the terms of the deal. By acquiring Veeqo, Amazon can integrate more powerful tools for sellers in its multi-channel logistics program, potentially tempting them to leave other third-party logistics providers. (E-commerce News)

8. Report: TikTok and Shopee become the most popular apps in Southeast Asia in 2021

The report shows that in social software, TikTok is among the five most downloaded apps in Indonesia, Singapore, Thailand, the Philippines, Vietnam and Malaysia, and ranked first in the download lists in Indonesia, Thailand and Malaysia. On shopping apps, the report notes that time spent on shopping apps worldwide increased by 18% year-on-year. In Southeast Asia, Indonesia and Singapore have the fastest growth in online shopping, up 46% and 45% year-on-year respectively. (E-commerce News)

9. UPTY, a second-hand clothing e-commerce platform, received a seed round financing of 650,000 euros

According to March 8, UPTY recently announced that it had completed the pre-seed round and raised 650,000 euros. It is a second-hand e-commerce platform that provides second-hand clothing such as clothes, bags and children. Its main goal is to reduce the impact of consumption and fast fashion on the environment. Order a free UPTY cleaning bag, put all unwanted clothes in the bag, send the bag back to UPTY through the wrapper After receiving the bag, the garment will be quality-controlled. Measure, price, take photos, put on shelves and ship all qualified clothing. After sale, the seller will receive a commission at the listing price. (Daily Express)

10. Cross-border logistics service provider Convelio receives US$35 million in Series B financing

March 8 news, Convelio recently announced that it had won $35 million in the B round, Acton Capital Partners, Global Founders Capital, Alma Mundi Ventures, and Forestay Capital. Convelio is a French cross-border specializing in the transportation of large, fragile and high-value items. It has the characteristics of generating quotes and booking in real time, or tracking shipments in 30 seconds. (Daily Investment Express)