#Laogao E-commerce Newsletter#[E-commerce Evening News on June 6]

Evening News: Taote: The transaction volume and purchase population of mosquito repellent categories in May increased by nearly 100 million yuan year-on-year; Douyin e-commerce focuses on controlling false propaganda during the 618 event; Kuaishou customer service robot "intelligent assist" version is launched; eBay launches the "Fujian Products Overseas Plan" for Fujian Industrial Belt Clusters; AliExpress announced a number of Summer Sale support measures for Summer Sale in summer promotions...

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

E-commerce newsletter

1. Taote: The transaction volume and purchase population of mosquito repellent categories in May increased by nearly 1 times year-on-year

According to Taote data, in May this year, the transaction volume and purchase population of mosquito repellent categories increased by nearly 1 times year-on-year, of which the transaction volume of mosquito repellent patches increased by nearly 2 times year-on-year, and the purchase consumers increased by nearly 4 times year-on-year. On social platforms such as Xiaohongshu and Weibo, there are more than 10,000 notes related to mosquito repellent stickers, and users have their own opinions on the ingredients and effects of mosquito repellent stickers, and the length of mosquito repellent. Generally, mothers buy mosquitoes for their children to stick on clothes to repel mosquitoes, and some young consumers also use it, saying that "in their hometown, they rely on mosquito repellent patches to prolong their lives" and "only 10 stickers each time they go out". (E-commerce News)

2. Douyin e-commerce focuses on controlling false propaganda during the 618 event

On June 6, Douyin E-commerce recently issued an announcement stating that the platform recently discovered that a small number of authors have frequently posted false publicity content in live broadcast rooms/short videos (such as illegally promoting food aphrodisiacs, weight loss effects, excessive beautification of teeth cleaning effects through filters, etc.), misleading consumers through improper means, seriously endangering consumers' legitimate rights and interests and the normal operating order of the platform. Douyin e-commerce once again emphasized that the platform strictly prohibits false publicity of content selling goods, and the platform will conduct special governance on such issues. Those who are seriously violating the violations, refuse to rectify them repeatedly or in large quantities, commit multiple violations, and seriously infringe on consumers' legitimate rights and interests and cause losses to consumers' interests, will be punished in accordance with the platform rules, such as restricting use or permanently banning e-commerce rights. Please do not be lucky. At the same time, the platform will regularly publicize the authors who have been cleared out of regulations. Please cherish your account and abide by the platform rules. (E-commerce News)

3. Daily Youxian received a notice letter from Nasdaq

According to June 6, on June 4, MissFresh issued an announcement stating that since the closing price of the company's ADS was less than US$1 for 30 consecutive trading days, it was lower than the compliance standard for continuous listing, it received a notice from the Nasdaq Listing Qualification Department. Daily Youxian said that this notice will not affect the company's business operations and ADS's listing or trading on Nasdaq. The company will take all reasonable measures to resume compliance within the prescribed grace period. It is worth mentioning that just half a month ago, due to the failure to submit the 2021 annual performance report on time, MissFresh announced that it had received a warning letter issued by the Nasdaq Listing Qualification Department on May 19, 2022. (E-commerce News)

4. The "intelligent assist" version of Kuaishou customer service robot is launched

June 6th news, Kuaishou E-commerce recently announced that the "intelligent assist" version of Kuaishou customer service robot was launched. After this function is enabled, if the current session is received by the manual customer service, the problem consulted by the buyer will directly hit the problem in the knowledge base, and the intelligent customer service will replace the manual customer service and directly reply to the buyer. In a round of consultation, when the smart customer service responds to recommended questions more than the maximum number of recommended questions, it will trigger the forwarding of manual logic. (E-commerce News)

Internet news

5. TikTok cracks down on illegal sales and other bad information behaviors

According to June 6, Douyin issued an announcement today stating that recently, the platform has found during daily inspections that some users have published vulgar edge content such as vitamin products containing "zinc" to promote products in violation of regulations and disrupt the platform's ecology. In this regard, the platform has imposed unlimited bans on relevant illegal accounts, 30 days of bans on bans, 7 days of bans on bans on bans on regulating accounts. TikTok will continue to pay attention to content that exaggerates publicity, illegal sales, and related accounts, and increase its disposal efforts. (E-commerce News)

6. JD Health: The transaction volume of external gou care products doubled year-on-year in the first half of the year

According to reports on June 6, JD Health data showed that 2022's 618 started well for 4 hours, and the transaction volume of Mingyu puzzle nutritional products increased by 360% year-on-year, of which female users were 1.6 times that of male users; in the first half of 2022, the transaction volume of external eye care products such as eye massagers, steam eye masks, and eye hot compress patches doubled year-on-year compared with last year. According to statistics, in the first half of 2022, users aged 35 and under accounted for 71% of the people receiving JD Health Eye Services. (E-commerce News)

Cross-border newsletter

7. SHOPLINE and Qbit reach cooperation

According to June 6, SHOPLINE and Qbit have recently reached a cooperation to achieve product-level connectivity. It is understood that after cooperating with Qbit, SHOPLINE independent website sellers can also enjoy a global, safe and compliant funding channel. Qbit supports 180 countries and regions around the world, as well as 40+ mainstream currencies such as USD, EUR, and GBP. It can bind to global mainstream e-commerce platforms and collection tools such as Paypal, Stripe, and Klarna; supports large or bulk payments, accept bank transfers, and can be received as fast as T+0; Qbit has licenses in many countries and regions, and cooperates with domestic licensed institutions to ensure the safe flow of each fund; cross-border sellers can open local bank accounts in multiple currencies such as USD, Euro, and British Pound through Qbit, and can be opened overseas local bank accounts in as early as 1-3 working days; these accounts realize automatic synchronization with SHOPLINE orders, support RMB entry withdrawal, and can be received as soon as the same day; Qbit global accounts can also provide preferential rates that are better than the industry level, and the payment cost is reduced by at least 90%. (E-commerce News)

8. eBay launches the "Fujian Products Overseas Plan" for Fujian Industrial Belt Clusters

June 6th news, today, at the second China Cross-border E-commerce Fair, eBay launched a special support plan for Fujian Industrial Belt clusters - the "Fujian Product Overseas Plan". For Fujian Province's sub-industrial belts, it will start from the product selection and operation that sellers care about, and create an industrial service cluster to help sellers become more competitive when cross-border overseas travel, and at the same time help Fujian traditional foreign trade enterprises accelerate transformation and upgrading. (E-commerce News)

9. AliExpress announces a number of Summer Sale support measures for summer promotions

June 6th news, today, AliExpress announced a number of support measures to help cross-border merchants better seize overseas summer consumption opportunities. These measures cover all aspects of cross-border e-commerce, such as cash subsidies, traffic support, logistics upgrades, and epidemic exemption. Specifically, during this year's AliExpress Summer Sale Summer Sale, the platform will issue coupons, discount codes, etc., directly provide price subsidies in various ways, and at the same time increase traffic subsidies. (E-commerce News)

10. Yunqun acquires COPE, a medium-sized logistics service provider for cross-border e-commerce

According to June 6, Yunqunar recently completed the acquisition of COPE, a cross-border e-commerce logistics brand. At the same time, in line with the scheduling capabilities of intelligent transportation capacity and warehousing resources, it is expected to provide industry-leading digital warehousing and distribution services to mid-large cross-border e-commerce sellers, and accelerate the expansion of overseas business. It is reported that COPE was born in North America and is a leading cross-border e-commerce logistics company focusing on medium-sized and large-scale items and multi-channel fulfillment. In the "2021 Cross-border E-commerce Logistics Top 30" list released by Yunlian Think Tank, COPE ranked ninth with revenue of 2.13 billion yuan. (E-commerce News)