#Laogao E-commerce Newsletter#[E-commerce Evening News on June 10]

Evening information: 1688 launches the "Industrial Products Specialized and Special Enterprise Cultivation Plan"; Cainiao 618's "Presale Speed" covers more than 300 cities, with orders increasing by 110% year-on-year; Kuaishou: The GMV and sales sellers in the maternal and infant industry both increased by 100% in 2021; Alibaba International Station: Use digital means to help small and medium-sized foreign trade enterprises grow at a high quality; Xiaohongshu cooperates with Nanjing to launch a small and medium-sized enterprise support action...

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

E-commerce newsletter

1. 1688 launches the "Industrial Products Specialized and Special Enterprise Cultivation Plan"

On June 10, according to the "Shanghai Securities News", 1688 recently launched the "Industrial Products Specialized and Specialized Enterprise Cultivation Plan", and together with the national "Specialized and Specialized and Specialized" enterprise cultivation base (Hangzhou), it integrates the base's service resources, big data monitoring resources, as well as 1688's technology, talent, network and service resources to help more "Specialized and Specialized" enterprises. At present, nearly 500 "specialized, specialized, specialized, and new" enterprises and nearly 2,000 provincial "specialized, specialized, specialized, and new" enterprises have settled in 1,688. In the national "specialized, specialized and new" enterprise echelon cultivation plan, it is proposed to cultivate 1,000 "single champion" enterprises, and nearly 70 of the recognized "single champion" enterprises have settled in 1,688. In the "Specialized, Specialized and New" enterprise service plan released by 1688, it is mentioned that in the next three years, 600 skills and management training and 800 expert counseling services will be carried out for "Specialized, Specialized and New" small and medium-sized enterprises, and targeted support will be carried out in 80 production areas, and finally, high-quality services will be provided to 10,000 "Specialized, Specialized and New" small and medium-sized enterprises. (E-commerce News)

2. Cainiao 618's "Pre-sale Speed" covers more than 300 cities, with orders increasing by 110% year-on-year

According to the news on June 10, according to the "China Logistics and Procurement", the first wave of shipments this year has ended, and the second wave of stocking is underway. Data shows that the first wave of Cainiao logistics timeliness in 618 is significantly better than the industry average, among which Cainiao's supply chain's "pre-sale Speedy Delivery" service continued to accelerate, and the proportion of delivery on the same day and the next day has stabilized at more than 90%. Cainiao’s “pre-sale fast delivery” order volume increased by 110% compared with last year, with the daily delivery rate exceeding 70%, and the next-day delivery rate reached 90%. Some merchants’ next-day delivery rate exceeded 98%, covering more than 300 cities. (E-commerce News)

3. Kuaishou: The GMV and sales sellers in the maternal and infant industry increased by 100% in 2021

On June 10, according to the official account of "Kuaishou E-commerce", Kuaishou E-commerce recently jointly released the "Kuaishou E-commerce 2022 Maternal and Child Industry Annual White Paper". The white paper shows that in the first quarter of 2022, the average daily active users of Kuaishou applications reached 346 million, with a year-on-year increase of 47.7%; in 2021, the number of GMV and sales sellers in the maternal and infant industry increased by 100%, and the brand self-broadcast GMV increased by 1000%. (E-commerce News)

4. Daily Youxian was executed for more than 5.32 million yuan

It is worth mentioning that 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. The company stated 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. If the daily ADS closes at $1 per share or more for ten consecutive working days within 180 days, it will regain listing compliance. (E-commerce News)

5. Xiaohongshu cooperates with Nanjing to launch a small and medium-sized enterprise support action

On June 10, according to the "Nanjing Consumer Release", on June 7, the Nanjing Municipal Bureau of Commerce and the Xiaohongshu Platform held the "Zhuguang·Xiaohongshu Nanjing Brand Growth Online Salon" and officially launched the small and medium-sized enterprise support cooperation plan, providing Nanjing metropolitan enterprises with four dimensions of support, traffic, marketing, store opening and product, and helping small and medium-sized enterprises explore growth opportunities. According to the support plan, Xiaohongshu will provide advertising fund support to 1,000 companies. Currently, 505 companies in Nanjing have registered to participate. At present, more than 3,500 companies have settled in Xiaohongshu in Nanjing. (E-commerce News)

Internet news

6. Meituan: Beijing’s hot pot category search volume increased by 178.17% month-on-month on June 5th

On June 10, according to the "Meituan Catering Data View", after Beijing announced the resumption of dine-in in some areas on June 5, the relevant search volume also showed linear peaks. In addition, on June 5, the number of orders for restaurant seats booking in advance through the Meituan App restaurant "Reservation" function has recovered to 65% of the average daily reservation volume before the epidemic, of which the number of orders booking for meals on June 6 accounted for more than 58%. Judging from the distribution of the number of people who "reserve" in Meituan Restaurant, the proportion of 2 people who book for meals accounts for 47%. (E-commerce News)

7. The WeChat payment transfer rules are revised for the third time this year

Some changes to merchants include the newly added identity verification process during the signing process of the entry contract, the automatic invalidation of the entry application form after the validity period, and the adjustment of the industry name/industry to which the entry is located; some changes to the service providers are to automatically invalidation of the entry application form after the validity period. This change will be implemented from June 30. It is understood that this is the third time that WeChat Pay has adjusted the entry rules in 2022. On February 23, WeChat Pay issued an announcement to modify the relevant rules for merchants and service providers to enter the transaction, and it will take effect on March 1. (E-commerce News)

Cross-border newsletter

8. Alibaba International Station: Use digital means to help small and medium-sized foreign trade enterprises grow at a high quality level

According to June 10, recently, Alibaba International Station President Zhang Kuo said in the official live broadcast room of the International Station that according to the data released by the General Administration of Customs, private small and medium-sized enterprises have become the endogenous driving force for the high-quality growth of cross-border trade. It is reported that Alibaba International Station plans to launch a newly upgraded digital comprehensive service solution in September this year, covering the core issues of each stage of pre-sales, in-sales and after-sales. It is expected to be fully open to all cross-border merchants to help merchants receive orders, ship shipments, and receive payments. (Yibang Power)

9. Anhui opens the first cross-border e-commerce "Hefei to Osaka" freight route

On June 10, a full cargo plane recently took off at Hefei Shinqiao Airport and flew to Kansai Airport in Osaka, Japan. Anhui's first cross-border e-commerce "Hefei to Osaka" cargo route officially set off. It is reported that the cross-border e-commerce export cargo route opened this time is the fourth cross-border e-commerce international route operated by Hefei after the routes to Chicago, Los Angeles, and London, the United Kingdom. The route is scheduled to operate on a regular basis on Wednesday, Thursday and Saturday respectively. This freight charter flight was declared by Sino-Foreign Transport Cross-border E-commerce Logistics Co., Ltd., with the assistance of Zhongyuan Longhao Aviation Co., Ltd. and Anhui Cangqiu E-commerce Co., Ltd. The cross-border e-commerce small parcels have a volume of nearly 2,000 orders, a volume of about 12 cubic meters, and a value of 21,367 US dollars. The main categories include clothing, accessories, shoes and bags. (Yibang Power)

10. Xiamen Port opens the first "Silk Road Sea Freight" e-commerce express line in China

According to CCTV News, this morning, a Vietnamese container ship docked at Haitian Wharf in Xiamen Free Trade Zone. E-commerce containers containing clothing, shoes, hats, hardware accessories and other products were lifted one by one and fell steadily into the cabin. This is the first "Silk Road Sea Freight" e-commerce express line. It only berths along the way by Xiamen Port in China and Manila Port in the Philippines. It is also a point-to-point dedicated line. It can directly reach the South Port in the Philippines in just 2 days. The "two ports and one flight" will realize the rapid transportation of e-commerce goods from both countries and ports. According to reports, "Silk Road Shipping" is my country's first international comprehensive logistics service platform with shipping as the theme of "Belt and Road". Its current routes can reach 102 ports in 29 countries around the world. In addition, at the launch ceremony of this e-commerce shipping express channel, the "Silk Road Shipping" E-commerce Express Service Commitment" was officially released. (China Securities Network)