Morning News: Taobao Live announced that the monthly list of institutions in March Qianxun Culture ranked first; Daily Youxian 20,000 packages are supported by Shanghai every day; Cainiao VIP business will gradually stop providing purchasing services; Canadian e-commerce platform Shopify announced a 1-to-10 split; research institution Insider Intelligence: TikTok's advertising revenue may surge to more than US$11 billion this year...
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1. Taobao Live announced that the monthly list of institutions in March is Qianxun Culture ranked first
According to April 11, recently, Taobao Content E-commerce Department released the comprehensive monthly list of institutions in March, Qianxun Culture ranked first, Junmeng and Nas ranked second and third respectively, and the 4-10th place are Goumei, Mingrui Media, Jitaodaren, Fanwei, Xinghan Culture Media, Jinxi Culture, and Xiuzhu. It is reported that the statistical data of the list is the ranking of the transaction amount of anchors under the organization, the number of anchors, activity, and anchor incubation from March 1 to March 31, 2022. (Yibang Power)
2. Daily Youxian 20,000 sets of meals to Shanghai
According to April 11, recently, MissFresh said that it has urgently dispatched materials from Beijing, Nanjing and Hangzhou, and at least 20,000 prevention and control packages are rushing to Shanghai every day. It is reported that the first batch of 2,000 prevention and control packages have been prepared in Beijing, which will be increased to 10,000 per day in the future. Nanjing and Hangzhou can currently support about 10,000 sets of vegetables, fruits, meat and eggs to Shanghai every day, worth about 1 million yuan, and will be increased to 50,000 yuan a day, worth more than 6 million yuan. In addition, all employees of Okura, located in Beijing, Nanjing and Hangzhou, have been on duty and are working overtime to process and sort products. (E-commerce News)
3. Cainiao VIP business will stop providing purchase services one after another
On April 11, Cainiao issued a notice on VIP service adjustment. Due to the need for business development adjustment, Cainiao will make adjustments to VIP-related services. From 0:00 on April 14, 2022, Cainiao VIP purchase services will be stopped one after another; for Cainiao VIP users who have been continuously covered by monthly and seasonal periods, Cainiao will terminate its automatic renewal services one after another. From 0:00 on July 14, 2022, the distribution of Cainiao VIP rights will be stopped. As of 0:00 on July 14, 2022, monthly and quarterly cards that have purchased but have not issued VIP rights, the card purchase fee of the card will be fully refunded to the user's account according to the user's payment path. (E-commerce News)
4. SF Holdings: It is expected to have a net profit of RMB 950 million to RMB 1.1 billion in the first quarter
According to April 11, today evening, SF Holdings released its first quarter performance forecast for 2022, with a year-on-year profit of 950 million to 1.1 billion yuan, an increase of 196% to 211%, and a loss of 989 million yuan in the same period last year; it is expected that the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses in the first quarter will be 850 million to 1 billion yuan, an increase of 175% to 188% year-on-year; basic earnings per share will be 0.19 yuan/share-0.22 yuan/share. SF Express said that although some domestic cities were locked down due to the epidemic and the company's business volume fluctuated in March, the company still achieved good operating results in the first quarter and turned losses into profits compared with the same period last year. (E-commerce News)
Internet news
5. 1 Yao.com launches chronic disease medication solutions in Shanghai
On April 11, after online free clinics, supply of new crown antigen testing products, chronic disease retention, corporate group epidemic prevention supplies and drug exclusive procurement channels and other guarantee services, on April 9, 1 Yao.com launched a drug protection plan for serving chronic disease patients in Shanghai. Patients register their medication needs through the exclusive service channel. The drugs will arrive in Shanghai through the green channel from Kunshan East China Operation Center opened by 1 Medicine Network to Shanghai, and will be stored in two pickup points set up in Puxi, Pudong, waiting for delivery. Riders can be arranged to pick up the goods for patients' personal orders and community orders beyond the scope of service, and they can also be picked up by themselves if conditions permit. (E-commerce News)
6. Tongcheng Travel launches the "Ideal Weekend Don't Stay at Home" event to focus on local surrounding tours
The "Ideal Weekend Don't Stay at Home" event will last until June 30. Users can log in to the event page through the Tongcheng Travel app and WeChat mini program to receive exclusive hotel red envelopes and weekend taxi vouchers. Tongcheng Travel data shows that judging from the actual participation of the event, as of April 11, users in Chongqing, Guangzhou, Shenzhen, Chengdu, Beijing and other places had a strong weekend trip. Among them, Shenzhen has recently "picked stars", and people have the highest enthusiasm for traveling on weekends, up nearly 10% from the previous two weeks. (E-commerce News)
Cross-border information
7. Canadian e-commerce platform Shopify announces a 1-to-10 split
Shopify's board of directors has already proposed a proposal for the overall plan, which will require a 2/3 majority shareholder vote. Currently, Shopify's Class A common stock has 1 vote per share, and Class B common stock has 10 votes per share. Shopify said in a Monday announcement that this will give Class B shareholders a 51% voting right, thus achieving control. Under the latest plan to optimize the governance structure, Shopify will authorize the issuance of non-transferable founder shares to Luke, thus giving him a variable amount of voting rights. (E-commerce News)
8. Research Insider Intelligence: TikTok's advertising revenue may surge to more than $11 billion this year
On April 12, according to Cailianshe, the latest forecast of research firm Insider Intelligence shows that TikTok's advertising revenue may triple to more than $11 billion this year, exceeding the sum of competitors Twitter and Snapchat. "The TikTok user base has exploded over the past few years, and these users have also invested a lot of time in the app," said Insider Intelligence analyst Debra Aho Williamson. Twitter and Snapchat's advertising revenue is expected to reach $5.58 billion and $4.86 billion in 2022, respectively, which is still below TikTok's $11 billion forecast. (E-commerce News)
9. Reduce the collection costs of overseas merchants Lianlian International adds local Indonesian payment account
According to April 11, Lianlian International recently announced that it has launched a local collection account through cooperation with local Indonesian banks, achieving the service capability of processing funds under the Indonesian local clearing network, adding another help to the Southeast Asian market for Chinese B2B foreign trade merchants. It is reported that Lianlian International Indonesian local collection account has the following advantages: First, it reduces collection costs; Second, it improves collection efficiency and arrives at as fast as two hours; Third, it is safe and compliant, making payments more secure for cross-border merchants. Lianlian International is a product of Lianlian Digital. Lianlian Digital Technology Co., Ltd. was established on February 2, 2009, focusing on building a digital service collaboration network for cross-border e-commerce companies, service providers, e-commerce platforms and other global cross-border operators. (Yibang Power)
10. Best Logistics and Midea Electric signed a cooperation agreement in Bangkok, Thailand
According to the Logistics News, today, Best Logistics Technology Co., Ltd. and Midea Electric Appliances Thailand Co., Ltd. signed a cooperation agreement in Bangkok. Best Thailand became the official carrier of Midea Electric Appliances Thailand, responsible for the local distribution of its air conditioners, compressors and other white electricity products. Next, Midea Electric will sell white goods products including air conditioners through local mainstream e-commerce platforms Shopee, Lazada, etc. It is understood that Best entered the Thai market in 2018. Since the beginning of this year, Best Thailand has cooperated with many well-known multinational companies. Earlier this month, Best Thailand participated in a video business negotiation meeting held by Charoen Pokphand Group. (E-commerce News)
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