#Laogao E-commerce Newsletter# [E-commerce Morning News on July 1st]

Morning news: Douyin tests "Jisuda" delivery Kuaishou set up a Kuaishou supply chain company; 1688 offline "Caiyuanbao" APP; Oriental selects Douyin live broadcast room fans exceeding 20 million and surpass Luo Yonghao; Kuaishou: The total number of NBA-related videos during this season reached 64 billion; AliExpress: Ridien Russia's official overseas warehouse tail course will increase its price...

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

E-commerce newsletter

1. 1688 offline the "Caiyuanbao" APP

According to June 30, today, the 1688 platform released a message that due to business adjustments, the 1688 platform will stop the various functions and services of the "Caiyuanbao" APP. On April 22, 2022, the downlink of "Caiyuanbao" has been announced. Starting from August 1, 2022, the 1688 platform will gradually stop the various functions and services of the existing "Caiyuanbao" APP. From August 4, 2022, you will be unable to access or use any services of the "Caiyuanbao" APP. After the "Caiyuanbao" APP is stopped from operating, 1688 will process and protect user's personal information in accordance with the provisions of the Personal Information Protection Law and other relevant laws and regulations. (E-commerce News)

2. Douyin tests "Jisuda" delivery Kuaishou set up a Kuaishou supply chain company

According to the exclusive report on July 1st, according to Tech Planet exclusively, Douyin and Kuaishou have once again increased their logistics services. Among them, Douyin tested the "Jiufada" service, which can achieve same-day delivery of goods in the same city and next-day delivery of goods in surrounding cities; Kuaishou was exposed to establishing "Chengdu Kuaishuang Supply Chain Management Co., Ltd.". Specifically, the "Jisuda" service is to achieve the same-day delivery of Douyin e-commerce in the same city and the next-day delivery of surrounding cities. Screenshots of online tests show that the service covers the same-city delivery of fresh vegetables, which means that consumers can buy fresh vegetables as soon as the day. (E-commerce News)

3. Oriental selects fans in Douyin live broadcast room with more than 20 million, surpassing Luo Yonghao

According to reports on June 30, Douyin data showed that the total number of fans in the "Oriental Selection" live broadcast room under New Oriental Online officially exceeded 20 million mark. This number has surpassed making friends. Combined with the various layouts selected by Oriental recently, such as launching e-commerce training business, building self-built supply chain systems, making self-operated products, and entering cross-border e-commerce, New Oriental's live broadcast business has now built a huge structure. (Source: E-commerce News)

4. Douyin Music 2021 Big Data Report: The cumulative number of short music video submissions exceeds 18.4 billion

June 30th news, today, Douyin officially announced that under the guidance of the Digital Music Working Committee of the China Audio-Visual and Digital Publishing Association, Douyin Music released the 2021 short video music big data report entitled "Singing Music to Enjoy the Sound". According to statistics, in 2021, the number of new musicians on the Douyin platform increased by 92% month-on-month. The report shows that the Douyin platform has currently included 23 music types including popular, electronic music, national style, etc., covering mainstream music and a variety of niche music. In terms of the music genres that the audience loves, compared with 2020, Chinese style and nursery rhymes replaced rap and folk songs and entered the top 5 popular genres. (E-commerce News)

5. The "Digital Collection" area launched on Tmall App

June 30th news, today, the mobile Tmall App launched the "Digital Collection" section, and the first issue of the release of more than 50 digital collections from 40 brands including IP Xiaozhan, Burberry, Versace, PUMA, adidas neo, Xiaomi, Vatti. It is reported that the mobile Tmall App adopts the "fictional and real" buy-and-free model. Consumers will receive exclusive digital collections for purchases and purchases of physical goods. Digital collections cannot be purchased separately or resold. (E-commerce News)

Internet news

6. Ctrip: Local tickets in Shanghai have been restored to more than 80%

According to reports on June 30, Ctrip data showed that since June, the ticket booking volume of local scenic spots in Shanghai has recovered to more than 80% of the same period last year. In response to the current travel needs, Ctrip and Shanghai Center have innovatively integrated the current popular camping products and introduced them into the urban market scenario, so that users can enjoy the camping experience without having to work hard. According to the person in charge of Ctrip's community project, the urban camping series combines outdoor aesthetics with life, food and art, and the lighting and props are all professionally designed to facilitate check-in photography. Ctrip data shows that as of June 29, the popularity of platform night tour projects this year increased by 28% compared with the same period last year. (E-commerce News)

7. Kuaishou: The total number of NBA-related videos played in this season reached 64 billion

According to June 30, Kuaishou officially released the "2021-2022 NBA Watching Report". The report shows that during this season, the total number of NBA-related videos on Kuaishou's site has reached 64 billion, and the total number of related videos has reached 3.1 billion. At the same time, the NBA Kuaishou official account matrix has also increased its fans by more than 21 million. It is understood that in October 2021, Kuaishou reached a multi-year strategic partnership with NBA China, becoming the first content second-creation media partner in NBA China, as well as the official short video platform of the NBA and the NBA video content creation community. As the first NBA second-creation platform in China, Kuaishou has the copyright of massive event materials provided by the NBA. (E-commerce News)

Cross-border information

8. Shopee Malaysian site adjusts SLS-Standard Delivery (standard channel) shipping fee

June 30th news, today, Shopee issued an announcement stating that the buyer of the shipping fee for the SLS-Standard International (standard channel) at Shopee Malaysian site will adjust the shipping fee from 00:00 on July 1, 2022 (Singapore time).

This shipping fee adjustment does not involve changes in the seller's collection price. It is worth mentioning that Shopee previously issued an announcement stating that Shopee Malaysian site plans to remove the Standard sea shipping channel on June 20, 2022, and officially close the channel on June 30. If the seller's store is using this channel, please switch the logistics channel to SLS-Economy Delivery (Sea shipping) as soon as possible, or choose to use an overseas warehouse. Orders that have been shipped through Standard sea shipping will be delivered normally. (E-commerce News)

9. AliExpress: Ridien Russia's official overseas warehouse tailings will increase its price

On June 30, AliExpress platform recently issued an announcement that the platform has returned to the original price due to the preferential subsidy for orders with 0-500g weight sections, and the merchant's tail-pass delivery quotation is now updated simultaneously. The above lines adopt the following quotations: 0~0.5KG is 19.4 yuan for the weight section, 0.5~1.5KG is 9 yuan, 3~5KG is 14 yuan, etc. It is worth mentioning that after the route is upgraded, the door-to-door channel will pay an additional RMB 5.8 per order based on the existing quotation (there are related adjustments made due to major changes in the exchange rate between the RMB and the ruble. Further updates may be made in the future, please pay attention to the merchant announcement). Merchants can set consumers to bear the responsibility or free shipping. The announcement will take effect on July 2, 2022. (E-commerce News)

10. Analysts say Amazon will split its cloud business to value $3 trillion in the future

June 30th news, investment bank Redburn analyst Alex Heiser said in a research report today that Amazon's cloud storage business is expected to reach a valuation of $3 trillion, almost three times the current market value of the entire Amazon. It is reported that in the 128-page report, Heisel wrote that Amazon's cloud service AWS is so powerful that at some point, Amazon may decide to spin off its slower-growing online retail business. But Heisel did not say when AWS's valuation will reach $3 trillion. Heisel recommends "buy" Amazon stock and expects Amazon stock to reach $270 next year. (E-commerce News)