Evening News: Since the 1688 Worry-free delivery service was launched, the merchant’s 48-hour acquisition rate exceeded 90%; the official recruitment of Douyin e-commerce brand service providers has been launched; Mogujie’s total revenue in the second half of fiscal year 2022 was 168 billion yuan, a net loss of 227.9 million yuan; Amazon announced the closure of German Flex delivery service; Lazada’s 6.6 promotion of women’s shoes in the Philippines increased by 1112% year-on-year on the first day of the birthday promotion...
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1. Since the 1688 worries-free delivery service was launched, the merchant’s 48-hour acquisition rate exceeded 90%.
According to June 8, in order to help customers minimize the comprehensive impact of the epidemic, starting from early April this year, 1688 has comprehensively improved the platform's buyer-side user experience. At the same time, through 1688's strict selection and other methods, targeted high-quality supply pallets are organized to provide buyers to improve the buyer's experience. Among them, the worry-free delivery service launched by 1688 has enabled merchants to acquire more than 90% in 48 hours. If the goods have been issued and cannot be delivered, the seller can apply to the platform for late arrival exemption after communicating with the buyer. (E-commerce News)
2. Official recruitment of Douyin e-commerce brand service providers has begun
According to June 8, Douyin e-commerce recently launched a recruitment of brand service providers for clothing, shoes, beauty, personal care and fresh flowers, food and fresh food, consumer electronic furniture, nourishing health care, parent-child life, jewelry and other industries. It is reported that brand service providers must have a fixed office space, a business license registered in mainland China, a basic enterprise qualification such as a date of establishment for more than one year, and meet the corresponding investment standards of their industry. After the service provider completes the platform review, signs a supplementary agreement and pays a deposit, it can receive the official award of Douyin e-commerce. (E-commerce News)
3. JD New Department Store 618 launched 44 JD Quality Certification Standards
On June 8, this year, JD New Department Store launched 44 JD quality certification standards, covering 10 main categories including clothing and underwear, shoes and boots, luggage and leather goods, jewelry, home textiles, furniture, home decoration and building materials, beauty and skin care, sports outdoors, children's clothing and children's shoes, including solar lamps, slippers, customized clothing, sun protection clothing, lotion and cream cosmetics, smart toilets and other sub-categories. It is reported that related products that meet JD quality certification standards will be labeled as "quality certification" to provide consumers with a simple and clear basis for screening. (E-commerce News)
4. 1688 wholesale group official direct delivery logistics service provider service content and service standards release
According to June 8, recently, the service content and service standards of 1688 Wholesale Group-official direct delivery logistics service providers were released. If the order abnormality occurs and the certificate provided by the merchant proves that 1688 and the logistics service provider have breached the contract stipulated in this agreement, 1688 and the logistics service provider shall bear the liability for compensation in accordance with the agreed standards. The merchant authorizes 1688 and logistics service providers to directly compensate consumers through the Taote platform for some types of complaints in accordance with the compensation standards agreed in this agreement. (E-commerce News)
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5. Mogujie's total revenue in the second half of fiscal year 2022 was 168 billion yuan and a net loss of 227.9 million yuan.
According to June 8, Mogujie released its financial reports for the second half of the 2022 fiscal year ended March 31 today. According to the financial report, Mogujie's total revenue in the second half of fiscal year 2022 was 168 million yuan, a decrease of 29.2% compared with 237.4 million yuan in the same period last year. The net loss attributable to Mogujie was 227.9 million yuan, while the net loss attributable to Mogujie was 145.3 million yuan in the same period last year. In accordance with US General Accounting Standards, the adjusted net loss was RMB 12.7 million, while the adjusted net loss was RMB 25.3 million in the same period last year. (E-commerce News)
6. Douyin e-commerce "Mountain Goods on Headlines" launches the "Flavor Hubei" special zone
According to June 8, during this year's 618, Douyin e-commerce "Mountain Goods Headlines" entered Hubei, giving full play to the characteristics of e-commerce interests in the whole region, and using rural short videos, live broadcasts, mountain goods channels, theme lists, regional specialty restaurants, etc. to help local agricultural specialty sales. It is reported that the online zone lasts for 8 days and ends on the 14th. During the event, Douyin e-commerce selected a number of special products and provided preferential prices in the form of official subsidies. Consumers can also accumulate and superimpose 618 shopping red envelopes. On June 14, the 618 venue will also launch a special session of fresh food at the source, and provide resources to local agricultural merchants in Hubei. (E-commerce News)
Cross-border newsletter
7. Amazon announces closure of Flex delivery service in Germany
According to June 8, Amazon recently announced that it would close its Flex delivery service in Germany. It is reported that Germany is Amazon's second largest market, second only to the United States. Amazon Flex Delivery Service, which began implementation in the United States in 2015, expanded to Germany two years later, supports individuals to deliver packages to Amazon customers in order to get paid. Amazon is checking wages to some Flex deliverymen while encouraging them to join its DSP delivery program in Germany. Amazon said the DSP delivery network has the ability to absorb "a very small portion of Amazon Flex delivery" and can meet delivery commitments. (E-commerce News)
8. Lazada 6.6 promotions for women's shoes in Philippines site sales increased by 1112% year-on-year compared with the first day of birthday promotion
On June 8, on the day of Lazada's 6.6 promotion, the first cross-border product was signed at 8:8 am on June 6. The underwear brand FINETOO delivered more than 3,000 products to consumers through local overseas warehouses at the first time on the first day of the 6.6 promotion. It is understood that the temperature rises in summer and the increase in travel demand not only makes stylized and trendy women's clothing a single engine, but also drives the sales of men and women's shoes, boots, clothing and sunglasses to rise. Among them, the sales of women's footwear at Philippine sites reached 1112% of the first day of this year's birthday promotion. (E-commerce News)
9. Alibaba International Station will strengthen control measures on "controlled equipment, etc."
According to June 8, Alibaba International Station Platform will strengthen control measures on "controlled equipment such as controlled knives, torture tools and other goods that may endanger citizens' personal safety." The platform prohibits the publication of controlled equipment products. This rule change will take effect on June 14, 2022. For members who publish illegal products and information, the platform will remove or delete the relevant products and information, and at the same time, members who have violations will be punished in accordance with the relevant platform rules. (E-commerce News)
10. Pinterest acquires the e-commerce platform The Yes
On June 8, recently, Pinterest, an American image sharing platform, announced the acquisition of the women's fashion e-commerce platform The Yes, and the specific transaction price has not been disclosed. It is reported that the Pinterest acquisition is based on the company's list of social shopping features launched in the past year, and the company is committed to building itself into a commercial website. It is worth noting that this is not the first time that Pinterest has taken an acquisition. In October last year, Pinterest entered the live shopping track by releasing Pinterest TV, expanding its layout in the e-commerce field. (E-commerce News)
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