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#Laogao E-commerce Newsletter# [E-commerce Morning News on April 15]

2022-04-15

Morning News: Pinduoduo's "48-hour supply guarantee package zone" has sold more than 20,000 units in group purchases; Meicai has released four major measures to ensure the supply of materials for Changchun citizens; JD Technology and JD Logistics have jointly built the first movable property financing warehouse; Amazon's new CEO sent a shareholder letter: The company has completed its three-year growth target in about 15 months; AliExpress has banned the sale of tablet presses from serious violations and will close merchants...




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E-commerce newsletter


1. Popular Chinese stocks fell by more than 8% on Thursday


According to news on April 15, popular Chinese stocks closed down generally on Thursday. Among them, Wanwu Xinsheng fell by more than 17%, Onion Group fell by more than 11%, Xinyang fell by more than 9%, Pinduoduo and Zhihu fell by more than 8%, Daily Youxian fell by more than 7%, Qudian and Manbang fell by more than 6%, BOSS Direct Recruitment fell by more than 5%, Alibaba and Youxin fell by more than 4%. (E-commerce News)


2. Pinduoduo’s “48-hour supply guarantee package zone” has sold over 20,000 units in total


According to reports on April 15, it is reported that since Pinduoduo launched the "48-hour supply guarantee package zone" on April 7, more than 20,000 orders have been sold through the group purchase order model, and materials have been sold and delivered in all 16 districts in Shanghai. Sales data from the "Supply Guarantee Package Zone" that was launched for a week shows that the most demanding residents in Shanghai are food, fresh food and department stores. Milk, vegetables and fruits are purchased the most, and alcohol and disinfectants are purchased the most. According to a relevant person in charge of Pinduoduo, the platform has provided nearly one million supplies to Shanghai residents within 7 days. (E-commerce News)


3. JD Technology and JD Logistics jointly build the first movable property financing warehouse


April 14th news, recently, the first exclusive movable property financing warehouse built by JD Technology and JD Logistics was launched in Beijiao, Shunde District, Foshan City, Guangdong Province. Combined with JD Digital and Intelligent Supply Chain advantages, it provides the home appliance industry with integrated logistics + supply chain financial technology solutions. It is reported that JD.com's innovation has achieved "accurate assessment and intelligent pledge" of movable property financing products in the field of home appliances, and can provide financing services for small and medium-sized enterprises that urgently need funds. (E-commerce News)


4. Meicai launches four major measures to ensure the supply of materials for Changchun citizens


According to the news on April 14, during the Changchun epidemic, Meicai actively responded to the government's call and made every effort to ensure the supply of basic necessities for citizens' daily life. It is reported that Meicai solved the food supply problem for hotels, catering institutions and other institutions through four measures: "increasing supply, increasing transportation capacity, ensuring safety, and strengthening linkage". At the same time, Meicai temporarily opened a green convenience channel to provide food delivery services for families, and launched small parcels, fruits, rice, flour, grains and oil and other commodities to meet the needs of citizens' isolation and living needs. (E-commerce News)


Internet news


5. Shentong Express: It is expected to have a net profit of 90 million to 120 million yuan in the first quarter


According to April 14, tonight, Shentong Express released its performance forecast, with a net profit attributable to shareholders of listed companies expected to be RMB 90 million to RMB 120 million in the first quarter of 2022, an increase of 200.53% to 234.05% over the same period last year, and a loss of RMB 89.5215 million in the same period last year. The basic earnings per share was lost by RMB 0.06 in the same period last year. Shentong Express said that in the first quarter of 2022, the company's market share has increased significantly and its operating performance has achieved significant improvement. (E-commerce News)


6. BOSS Direct Recruitment Group Employment Report of Post-00s: Post-00s' Post-00s' Pay attention to money returns has declined


On April 14, BOSS Direct Recruitment Research Institute released the "Survey Report on Employment Choice Preferences of Post-00s Groups". Compared with the predecessors, the post-00s generation's job-seeking mentality is more open, and their acceptance of second- and third-tier cities has been significantly improved, and their work-life balance is pursued. The research team also found that the post-00s generation is more accepting of small and medium-sized enterprises and will not be purely focused on the scale and influence of the company when looking for a job. Among them, 71% of the post-00s will conduct substantive communication or interview with small and medium-sized enterprises with a size of less than 500 people, and 69% of the post-00s said in the survey that their employer reputation will not be listed as the main consideration for entry. (E-commerce News)


Cross-border information


7. China-Gansu International's first batch of cross-border e-commerce B2B export goods were successfully cleared


April 15th news, recently, led by Gansu Zhonggan International Materials Trading Co., Ltd., the first batch of cross-border e-commerce B2B export goods were successfully cleared, and about 150 cubic cubic plywood was sent from Qingdao to Ghana Tma Port Zhonggan International Ghana Overseas Warehouse. It is reported that overseas warehouses are warehousing and logistics nodes established by cross-border e-commerce export sellers in areas close to buyers abroad to improve order delivery capabilities. The establishment of overseas warehouses can effectively help buyers reduce logistics costs, enhance after-sales service capabilities, and improve customer satisfaction. (E-commerce News)


8. Amazon's new CEO first letter to shareholders: The company has completed its 3-year growth target in about 15 months


According to reports on April 15, Amazon CEO Andy Jassy published a "Shareholder's Letter" today, which is also the first shareholder letter he has received from founder Jeff Bezos last year. In his letter, he wrote that Amazon has experienced tremendous growth during the pandemic, especially in its core retail business. Jassie also said that Amazon has won record profits during the epidemic; but to meet demand, it also faces logistics and cost challenges. Last April, Amazon founder Bezos published his last "Stock of the Year" as CEO. (E-commerce News)


9. AliExpress prohibits sales of tablet presses and will close merchants if they violate regulations


On April 14, AliExpress issued a statement today saying that it will ban the sale of equipment and molds that can process solid, semi-solid or liquid materials into capsules or tablets. Starting from now on, the platform will conduct a check. Merchants who publish the above-mentioned illegal products will be deducted 2 points per time and will be returned to the products for disposal. For merchants who maliciously bypass rules, repeat violations, notices by regulatory authorities, exposed by the media, and other serious violations, the platform will freeze or even close the relevant merchants according to the severity. (E-commerce News)


10. DHL Express will increase the freight route from Shenzhen to Leipzig


According to April 14, DHL Express recently launched a freight flight from Shenzhen to Leipzig. It is understood that the route is operated by Continental Airlines, established by DHL and Lufthansa Cargo, and is operated by Boeing 777 all-cargo aircraft, with 6 flights per week. The flight takes off from the DHL Express Shenzhen Port, passes through Delhi, India, and its destination is the Leipzig hub in Germany, which will bring more than 500 tons of Shenzhen export capacity to Europe every week. It is worth mentioning that DHL Express opened a route from Shenzhen to Los Angeles in October last year. As of now, DHL Express has operated more than 30 departing flights at Shenzhen Port every week. (E-commerce News)



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