#Laogao E-commerce Newsletter#[E-commerce Evening News on July 27]

Evening information: Taobao announced the 88 Member Festival investment rules and sellers can get the official layout of the store page; the 1688 platform upgraded harassment rules and regulations have been changed to 1 day of restriction; this year's graduation season, nearly 2,000 fresh graduates have joined JD.com as "post-00s"; Douyin's external broadcast default silent function is online; Zhou Hongyi, founder of 360 Group: The last bottom line of artificial intelligence must be people...

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E-commerce newsletter

1. The default mute function of Douyin external playback is online

July 27th news, recently, the default silent function of Douyin external playback was launched. It is reported that after users update the Douyin App to the latest version, they enter the settings page and turn on the "Default Mute when Turning on Douyin" function in "General Settings" to avoid sudden bursts of sound when turning on in public places; they can also "unmute" in the lower right corner of the short video interface. According to the survey, the user's satisfaction rate with this function is 82.11%. A relevant person in charge of Douyin said: "The volume of external audio in public places has always troubled many people. Here, we advocate that everyone use mobile phones reasonably, especially the external audio function, and jointly maintain the public environment of our work and life." (IT Home)

2. Taobao announces the 88 Member Festival investment rules and sellers can get the official layout of the store page

July 27th news, today, Taobao officially released the investment rules for Taobao 88 Member Festival in 2022. It is reported that the registration time for sellers and products is 12:00:00 on July 27, 2022 to 23:59:59 on August 11, 2022. Official reminder that the registration for sellers and products will be suspended within 2 hours before the event officially starts and within 0.5 hours (18:00:00-20:30:00 on August 8, 2022). It should be noted that all registrations for activities must be submitted before they can be submitted for "product registration".

During the event, the event sellers and event products that successfully register for Taobao 88 Member Festival can obtain the following basic resources for free: official store page layout, 88 Member Festival event reception page layout in the store, cross-store discount tool support, multi-link marking of event products, and official atmosphere layout of event product details page. (Yibang Power)

3. The 1688 platform upgrades the rules of harassment and violations of the handling of violations of harassment are changed to 1 day of restricted rights

According to July 27, today, the 1688 platform issued a notice of change of the rules for harassing others, and the changed rules will take effect on August 3.

According to the new regulations, if the circumstances of harassing others are average and causing others to be disgusted or dissatisfied, the violations will be changed to 1 day of restriction. If the circumstances of harassing others are serious, affecting others' normal life, causing physical and mental harm to others, or causing bad influence, the illegal handling measures will be changed to 3 days of restricted rights. (Yibang Power)

4. Meituan launches 30-day "New Store Growth Plan" for new merchants

On July 27, Meituan announced today that it would launch a 30-day "New Store Growth Plan" for new merchants to provide digital operation suggestions for merchants to help new merchants adapt to online operations faster. Specifically, in the first ten days of the "New Store Growth Plan", Meituan recommends merchants to improve dishes and store information one by one through the App every day. In the second stage, merchants will be reminded to use the 7-day free "traffic rights" provided by the platform. When the merchant completes the tasks of the "New Store Growth Plan", he can also obtain the rights to build a fan group. (Meituan Meituan)

Internet news

5. China Manufacturing Network and South Korea's Global B2B Trading Platform jointly held an online exhibition

July 27th news, recently, Focus Technology Co., Ltd. reached a cooperation with the Korea Trade Association. The "China-South Korea Excellent Products Export Online Exhibition" jointly organized by Made-in-China.com, a manufacturing network operated by both parties and trade Korea.com, South Korea's global B2B trading platform, kicked off, displaying products from both countries in the "cloud". The exhibition will last until the end of the year. During this online exhibition, both parties specially selected high-quality products and suppliers to settle in. More than 50 companies in the Korean Pavilion were selected, and more than 100 companies and more than 1,200 products were unveiled in the Chinese Pavilion. It is reported that after the exhibition, the two parties will maintain business cooperation and the platform will share resources. (Economic Network)

6. Walmart announced a cut in profit guidance for the second quarter and full year of fiscal 2023

On July 27, Walmart recently announced a reduction in net profit guidance for the second quarter and full year of fiscal year 2023, mainly because Walmart and Sam's member stores in the United States need to improve inventory levels through pricing measures and sales combinations. Excluding divestitures, consolidated net sales are expected to grow by about 5.5% for the full year. Meanwhile, the company maintained its expectations for Walmart's comprehensive U.S. sales growth in the second half of this year is about 3%. Operating income for the second quarter and full year is expected to decline by 13% to 14% and 11% to 13%, respectively. Excluding divestitures, full-year adjusted earnings per share is expected to fall 10% to 12%. (Walmart official)

7. Zhou Hongyi, founder of 360 Group: The final bottom line of artificial intelligence must be human

July 27th news, today, the 2022 New Wise Conference officially kicked off. Zhou Hongyi, founder of 360 Group, posted a message on his official Weibo to thank the organizing committee for the invitation and expressed his views on AI weapons. He said that this principle has been broken now, and in fact, various unmanned tanks and unmanned aircraft have been applied to the battlefield. Zhou Hongyi believes that from giving instructions to AI automatic identification, automatic judgment, and independent attack, it is a thin layer of window paper, especially in the combination of AI and weapons. "It is crucial to give the final decision of AI weapons to humans and let people take the final control. The final bottom line of artificial intelligence must be humans." (Zhou Hongyi Weibo)

8. This year's graduation season, nearly 2,000 fresh graduates have joined JD.com as "post-00s"

JD.com has also opened up aviation maintenance, aviation functional positions, and more reserve positions for front-line grassroots managers for the first time for this class of graduates. In terms of investment in talents, JD.com said that the salary increase of 2022 college graduates increased by 35% compared with the same period last year, and the investment in technical talents is particularly prominent, with the annual salary of fresh doctoral students up to 2 million. From 2019 to 2022, JD.com has launched large-scale campus recruitment for many years, and has opened up a total of 358 jobs for fresh graduates and provided nearly 60,000 job opportunities. (JD Blackboard Newspaper)

Cross-border newsletter

9. Amazon establishes 18 new delivery bases in Japan

July 27th news, today, Amazon announced that it would open a new Amazon delivery base, namely a delivery station, in 18 locations across Japan. New delivery stations are expected to deliver more than 7 million items per day, and Amazon plans to create more than 5,000 jobs through these delivery stations, including thousands of Amazon Flex drivers who provide flexible ways to work. In addition, customers in Japan's Aomori Prefecture, Iwate Prefecture, Akita Prefecture, Nagano Prefecture, Tokushima Prefecture, Kagawa Prefecture, Ehime Prefecture, Kochi Prefecture, Kumamoto Prefecture, and Okinawa Prefecture can use Amazon's "Special Location Service". This service can facilitate customers to pick up items and reduce driver redistribution. (Amazon Japan)

10. Lazada is revealed to be investing in Indonesian telecom operator Smartfren Telecom

On July 27, foreign media quoted people familiar with the matter as saying that Lazada is about to acquire stake in Indonesian telecom operator Smartfren Telecom, and this plan is related to Alibaba's development of data center business in Indonesia. Lazada is a subsidiary of Alibaba, the person familiar with the matter said. "Alibaba will become a shareholder of Smartfren through private equity." Some media have confirmed the news to Lazada, but have not received any response. It is reported that Alibaba Cloud is a subsidiary of Alibaba in the field of cloud computing. It has currently established three data centers in Indonesia. Alibaba Cloud also plans to operate its first data processing center in the country. (E-commerce News)