#Laogao E-commerce Newsletter# [E-commerce Morning News on April 27]

Morning news: Tmall Supermarket will allocate more than 5,000 tons of goods to Shunyi Warehouse; Kuaishou E-commerce will adjust the access rules for fast distribution beauty category; Cainiao will build an "unmanned granary" in Zhejiang; Twitter and Musk reached a US$44 billion acquisition agreement; Adyen announced the addition of Amazon payment methods on its platform...

Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. Tmall Supermarket will allocate more than 5,000 tons of goods to Shunyi Warehouse

According to Beijing Business Daily, as of the 26th, Tmall Supermarket’s orders in Beijing have been 4 times more than usual, and orders are being delivered in a hurry. Beijing Shunyi Warehouse has opened the entire line to receive goods, and a priority channel for daily necessities such as grain, oil, rice, flour, tissue, etc. According to the plan, before May 1, more than 3 million items will be allocated to Shunyi Warehouse, totaling more than 5,000 tons, mainly fast food for grain, oil, rice and flour, and condiments. In addition, Tmall has joined hands with 130 brands and merchants with logistics and distribution capabilities to launch an exclusive Beijing venue, and its products include fresh food, eggs and milk, epidemic prevention materials, infant milk powder, diapers, pet supplies, etc. (E-commerce News)

2. Kuaishou e-commerce adjusts access rules for fast distribution beauty category

On April 26, Kuaishou E-commerce officially issued an announcement stating that it has updated the access rules for Kuaishou Beauty and cosmetics category and adjusted some of the access requirements for new brands. This update mainly adjusts some access requirements for new brands. The sales of new brands should meet the needs of more than 2 million yuan for skin care merchants in a single platform and more than 700,000 yuan for makeup merchants in a single month in the past six months, and relevant certificates for flow in the past six months are required. After this adjustment, there are 3 access conditions, and Kuaishou E-commerce requires new brands to meet at least one of them. The announcement came into effect on April 26, 2022. (E-commerce News)

3. Weimai Technology's revenue in 2021 was 1.403 billion yuan, up 54.26% year-on-year

According to April 26, tonight, Wyman Technology officially released its 2021 annual report. During the reporting period, the company achieved operating income of RMB 1403.1406 million, a year-on-year increase of 54.26%; and achieved net profit attributable to shareholders of listed companies of RMB 179.5256 million, a year-on-year increase of 14.50%. In 2021, the consumer content community, as the company's core business, achieved revenue of 1045.0444 million yuan, a year-on-year increase of 25.72%, accounting for 74.48% of the overall operating income, while the new business achieved revenue of 358.0962 million yuan, a year-on-year increase of 357.20%, a year-on-year increase of 25.52%. (E-commerce News)

4. Rikyu will build an "unmanned granary" in Zhejiang

On April 26, Cainiao successfully won the bid for the digital and intelligent agricultural upgrade project in Xitang, Zhejiang. Cainiao will build a highly automated and unmanned modern grain storage system in the local area to create a leading "unmanned granary" in China. It is reported that Cainiao, Wuxi, Jiangsu, has previously built the largest unmanned warehouse in Asia through flexible automation technology. More than 1,000 unmanned vehicles can be quickly combined and split, and the production efficiency can be more than doubled. After the grain is offline from the production line, it will enter the "unmanned granary" created by Cainiao. (E-commerce News)

Internet news

5. Kuaishou e-commerce publicly announced the list of violations of “the product itself involves false propaganda in efficacy”

On April 26, Kuaishou E-commerce today released an illegal notice of "the product itself involves false propaganda of efficacy". In order to maintain the operating order of the platform and protect the legitimate interests of the majority of users, Kuaishou E-commerce Platform strictly dealt with the ban on selling goods on the platform of "the product itself involves false propaganda of efficacy" in accordance with the provisions of the "Implementation Rules for Publishing Prohibited Information (Merchant)" and "Implementation Rules for Publishing Prohibited Information (Merchant)" and "Implementation Rules for Publishing Prohibited Information (Merchant)" and will strictly regulate e-commerce sales and zero tolerance for violations. (E-commerce News)

6. Xiaohongshu announced the trial operation results of the "Copyright Protection Service Plan"

According to April 26, Xiaohongshu announced the results of the trial operation of the "Copyright Protection Service Plan" today. For all creators participating in the program, Xiaohongshu will take the initiative to help them store blockchain evidence for original content and monitor third-party platforms for illegal operation. Once an infringement is discovered, Xiaohongshu will use means such as sending letters to the infringement platform, administrative complaints, and even assisting the author in civil litigation until the infringement stops. (E-commerce News)

Cross-border information

7. Stifel lowers the target price of many e-commerce stocks such as Shopify and Etsy

According to April 26, Stifel analyst Scott Devitt and his team recently lowered the target price of many stocks in the US stock e-commerce sector. Specifically, the analyst lowered the target price of US e-commerce Etsy from $200 to $160 and maintained a "buy" rating for the stock. In addition, analysts lowered the target price of TheRealReal from $11 to $9, lowered the target price of Wayfair from $130 to $110, and maintained the "hold" rating of the two stocks. (E-commerce News)

8. Asda will try out home-to-door return service on its brand George

On April 26, Asda tried a new return method in two stores, which allowed customers to easily return the package when they received it. Customers in York and Milton Keynes stores can now return items purchased online on the George platform for free, and simply return the items to Asda's delivery staff when they receive the express. This service provides customers who order through George.com with more flexible shopping, trials and returns. Customers can receive a return confirmation immediately and can be done simply without going out. (E-commerce News)

9. Twitter and Musk reach a $44 billion acquisition agreement

According to April 26, on April 25, local time, social media platform Twitter accepted Elon Musk's acquisition agreement. Under the agreement, Musk will acquire Twitter for $54.2 per share, totaling about $44 billion. Regarding the stay and leave of the account related to former US President Trump, Musk has not publicly expressed whether he will restore former President Trump's Twitter account after acquiring Twitter. It is reported that after the Capitol Hill riots on January 6, 2021, Twitter immediately banned Trump's account. (E-commerce News)

10. Adyen announces adding Amazon payment methods to its platform

April 26th news, recently, payment platform Adyen issued a new official announcement stating that Adyen will provide payment service to Amazon's Japanese website. It is reported that Adyen's local collection capabilities and data insights will help Amazon Japan website create a more seamless payment experience for consumers from both Japan and overseas. Adyen's merchants can also experience new features of voice commerce. This feature allows Adyen merchants to proactively notify customers when Amazon payment orders are being sent or have been delivered. (E-commerce News)