#Laogao E-commerce Newsletter# [May 9 E-commerce Evening News Brief]

Evening News: Taobao Live: During the 55th Five-Year Favorite Festival, merchant store broadcasts account for 70%; 1688 announced that price experience management will be carried out in different industries starting this month; Douyin e-commerce has released sub-standards for merchants' continued operations; eBay has once again extended the policy protection time for the epidemic to affect sellers' operations and is blocked; Amazon launched a new tool for product compliance operations that has been opened to 10 sites...

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E-commerce newsletter

1. 1688 announced that price experience management will be carried out in succession from this month.

According to May 9, 1688 recently issued a notice that the platform will conduct price experience management in different industries starting from May 2022; the platform encourages the display price of goods as close to the actual transaction price as possible, and the freight and batch volume are maintained at a reasonable range. For commodities with large differences in display prices and actual transaction prices, if they involve illegal and irregular acts such as false transactions and price fraud, the platform will impose penalties in accordance with the corresponding rules. In addition to the above governance, the platform will continue to strengthen the governance of SKU cheating and freight cheating. (E-commerce News)

2. Taobao Live: During the 55th Five-Year Favorite Festival, merchant store broadcasts account for 70%

According to May 9, during the May 5th Fifth Festival from April 30 to May 5, many industries in Taobao and Tmall achieved strong growth. Among them, the outdoor sports industry has blossomed in full swing, with mountaineering and camping and picnics increasing year-on-year by nearly 200%. The skateboards that young people love increased by 155% year-on-year, and the Frisbee surged by nearly 6 times. Food, fresh food, home furnishing department stores and other industries also have double-digit growth. It is understood that during the 55th Five-Year Favorite Festival, merchant store broadcasts accounted for 70% of the overall transactions of Taobao live broadcasts. (E-commerce News)

3. Kuaishou E-commerce adjusts distribution rules for maternity supplies, second-hand and pet medicine categories

Under the categories of second-hand digital, home appliances, computers/office equipment, the first GMV threshold for the access rules is raised to 10 million yuan, and the verification time is extended to nearly 2 years; flagship stores, specialty stores, specialty stores, store-type flagship stores, ordinary enterprise stores, and individual industrial and commercial households with qualifications for selling pet medicines have been opened. (E-commerce News)

4. JD.com's total order volume of more than 10,000 Shanghai merchants reached the top 60% of the city lockdown in early April

According to May 9, as of May 7, the total order volume of JD.com's more than 10,000 Shanghai merchants had reached 60% before the city lockdown in early April. It is understood that in order to deal with the risk that goods cannot be shipped due to epidemic prevention policies in some areas, JD Logistics has further integrated the warehousing network of more than 1,300 warehouses and more than 1,700 cloud warehousing resources across the country, dispersing inventory for merchants and providing preferential policies for warehousing and distribution services for new merchants. As of May 5, JD.com's on-demand retail services Shop Now and JDDJ have supported its 50% supermarket partners in Shanghai and other areas affected by the epidemic to resume operations. (E-commerce News)

Internet news

5. TikTok e-commerce releases merchant continuous operation score standards

On May 9, the current merchant continuous operation sub-standards for Douyin e-commerce are applicable to small store platform merchants and global shopping platform merchants. According to the standards, merchants continue to operate are divided into points system. Starting from the merchant’s entry into the platform, every time the effective sales day is added, it will be increased by 1 point to accumulate. If the store successfully withdraws the store, the corresponding merchants will continue to operate. The statistical period for the merchant's continued operation score is 15 days before the merchant's entry into the platform date and to the current date. The business continues to operate and update data at 12:00 noon every day. (E-commerce News)

6. JD Fashion Home Business upgraded to "JD New Department Store". Related channels have been launched on APP

According to May 9, JD.com recently completed the integration of clothing, home, beauty, sports, luxury watch and other businesses, and its existing fashion home business was fully upgraded to "JD New Department Store". At present, the "New Department Store" channel on JD APP has been officially launched. It is understood that JD New Department Store will deploy new department store selected collection stores with different "theme models" in key cities, positioning young people. The first batch of cities currently planned include Beijing, Chengdu, Xi'an and other places. The first store is likely to be opened before June 18 this year. As of press time, JD.com has not responded to this. (E-commerce News)

Cross-border newsletter

7. Dunhuang.com SF Luyou Xiaobao (Public + Electric) and other three lines offline

On May 9th, Dunhuang.com issued a notice today that due to channel upgrades and adjustments, SF Express Luyou Package, SF Express tailless tracking flat postage package (Pu + Telephone) and UPS Red List (Pu)-Yiwu routes have closed the order entrance at 17:00 on May 7, 2022 and will no longer receive new orders. For on-transit packages that have been placed previously, the warehouse will issue them normally after receiving them. The subsequent channels will be notified as soon as possible if they return to normal. It is understood that in October 2020, the SF Express-Luyou small bag line was launched; in March 2020, the SF Express tail-track tracking flat-mail small bag (Photo + Electric) was launched. (E-commerce News)

8. SHOPLINE reaches cooperation with Zebra ERP

According to May 9, SHOPLINE and Zebra ERP recently reached a cooperation. SHOPLINE sellers can use Zebra ERP product library, store moving, order purchase, warehousing management, order delivery, data analysis and other functions to realize the full-process operation of the store and the collaborative sales and operation of multiple platforms and multiple channels. It is understood that SHOPLINE has set up offices in 10 regions including Shenzhen, Guangzhou, Hong Kong, Taiwan, Kuala Lumpur, Malaysia, Ho Chi Minh City, Singapore, Bangkok, Vietnam, serving more than 350,000 sellers and 530 million consumers around the world. (E-commerce News)

9. eBay once again extends the policy protection time for the epidemic to affect sellers' operations and is blocked

According to May 9, as the domestic epidemic situation remains severe recently, eBay has decided to extend the protection time for the impact of the epidemic that has blocked sellers' operations. The announcement shows that for transactions from mainland China and Hong Kong that have been affected by the epidemic and the payment time is from May 1 (inclusive) to May 31 (inclusive) Beijing time, if the seller submits an application for cancellation before 23:59:59 Beijing time on June 3 and the reason for cancellation of the transaction is out of stock, the platform will uniformly protect it, and the out of stock records generated by the relevant exchanges and the medium and bad review records related to out of stock will be removed. (E-commerce News)

10. Amazon launches new product compliance operation tools that have been opened to 10 sites

On May 9, in response to sellers' issues of product compliance management, Amazon recently launched a new tool for product compliance operations - "Manage your compliance". Currently, the tool is open to all sellers on Amazon's 10 sites, including the United States, Canada, the United Kingdom, Germany, France, Italy, Spain, Australia, Singapore, and India. (E-commerce News)