#Laogao E-commerce Newsletter#[E-commerce Evening News on August 8]

x Evening News: Alibaba launches personal "88 Carbon Account"; Taobao launches dialect voice search function; Lei Jun's 2022 annual speech will be held at 7 pm on August 11; Xiaohongshu: The search volume of "Frisbee" related to the first half of the year increased by about 44 times year-on-year; Dingdong Maicai will release its second quarter 2022 financial results before the US stock market on August 11; Amazon Europe will adjust the VAT service fee from October 1...

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E-commerce newsletter

1. Alibaba launches personal “88 Carbon Account”

According to August 8, on August 8, Alibaba officially released the "88 Carbon Account". It is understood that this is the first consumer carbon account system in China with multiple scenarios and covering more than 1 billion people. 88 carbon account has become an important carrier for Alibaba to accelerate the promotion of "range 3+" carbon reduction. Currently, users donate corresponding carbon points on their 88 carbon account and can be redeemed for cash red envelopes without thresholds. In addition, the 88 Carbon account has also created an honor system. Combined with the image of "Carbon Treasure", users can accumulate carbon points and unlock anthropomorphic digital medals. (E-commerce News)

2. Dingdong Maicai will release its second quarter 2022 financial results before the US stock market on August 11

August 8 news, Dingdong Maicai recently announced that it plans to release its unaudited financial results for the second quarter of 2022 before the opening of the US market on Thursday, August 11, 2022. The company's total revenue in the first quarter of 2022 was 5.4437 billion yuan, an increase of 43.2% from 3.8021 billion yuan in the same period last year. GMV in the first quarter increased from 4.3035 billion yuan in the same period in 2021 to RMB 5.8513 billion, a year-on-year increase of 36.0%; the total number of orders increased by 15.6% year-on-year to 80.6 million. The operating loss was 448.6 million yuan, while the operating loss in the same period in 2021 was 1.3339 billion yuan. (E-commerce News)

3. Taobao launches dialect voice search function

It is understood that in terms of improving consumers' multiple shopping needs, on July 7 this year, Taobao iOS version released version 10.14.0. According to the official update announcement, users can choose multiple addresses when placing an order. According to official reports, as of the time, this function only supported ordering on Taobao App on mobile phones and was not supported on PC. Currently, the Android version of Taobao APP has also been updated and supports ordering with multiple addresses. (E-commerce News)

4. Xiaohongshu: The number of searches related to "Frisbee" in the first half of the year increased by about 44 times year-on-year

According to August 8, on August 5, Xiaohongshu announced that it had become the "official cooperative content community" of the China Frisbee League, and the official account "CUL Frisbee League" has been added to Xiaohongshu. According to Yu Jin, the head of content operations of Xiaohongshu Frisbee, in the first half of 2022, the search volume related to "Frisbee" on Xiaohongshu has increased by about 44 times year-on-year, and has seen explosive growth for many consecutive months. Yujin revealed that Xiaohongshu has started operating Frisbee content in October 2021, and has launched topics such as Happy is provided by Frisbee, Frisbee helps the Winter Olympics, Frisbee delivers happiness, and other topics, providing traffic support for high-quality Frisbee content. (E-commerce News)

Internet news

5. Lei Jun’s 2022 annual speech will be held at 7 pm on August 11

August 8th news, today, Xiaomi founder, chairman and CEO Lei Jun said on his Weibo that he plans to hold this year's "Lei Jun's Annual Speech" at 7 pm on August 11th, with the theme of "The Insights of Crossing the Lower Quarter of Life". Lei Jun said that this is his third annual speech, and he wants to say something different: everyone will encounter setbacks and failures in their growth process. How did I get out of the trough of my life and what insights did I gain in life. According to public information on Xiaomi's official website, Lei Jun obtained a bachelor's degree in computer science from Wuhan University in July 1991. Xiaomi executive director, founder, chairman and CEO. (E-commerce News)

6. Wang Wei, Chairman of Fresh Legend: In the future, the main retail industry in China will definitely be professional industry

August 8th news, recently, the 2022 Lianshang.com Conference and Korean Products and Brand Matching Conference officially kicked off at the Weihai International Economic and Trade Exchange Center. The conference is co-organized by Lianshang.com, Soupu.com and Cialis, with the theme of "Spanning Cycles". At the "2022 China Supermarket Fast Consumer Consumer Development Conference" one of the conference sub-forums, Wang Wei, chairman of Fresh Legend, shared the company's own changes and observations on the industry, and gave a keynote speech. In the future, the main business model of China's retail will definitely be professional business model. People's lifestyles will undergo fundamental changes, their living styles will change, and they will survive the fittest. (E-commerce News)

Cross-border newsletter

7. Dunhuang.com adds new intellectual property protection announcements for brands such as Heaven Gifts, STARBURST

August 8th news, today, Dunhuang.com released the "Announcement on the Protection of Intellectual Property for New Heaven Gifts, STARBURST, ELF BAR, and Zimmermann Patent Brands". The announcement shows that recently, the platform has received relevant complaints from relevant brands, and some of the products sold by sellers involve infringing on relevant intellectual property rights of brands such as BMTH, Dyson, Bathmate, Hallmark, and Earwax Removal. Sellers are requested to conduct self-check the store’s product information. If you do not authorize, please delete the relevant products immediately. Dunhuang.com will strictly monitor and crack down on intellectual property infringement. The seller needs to conduct self-inspection in a timely manner to ensure that all products in the store do not infringe on intellectual property rights. (E-commerce News)

8. SHOPLINE Logistics and Jiayou International reach strategic cooperation

August 8th news, recently, independent station logistics expert SHOPLINE Logistics reached a strategic cooperation with Jiayou International, a Canadian logistics omni-channel service provider with more than 20 years of operational experience. It is understood that the penetration rate of online shopping in Canada has increased rapidly in recent years. 89% of Canadians are preparing to increase online shopping, and one-third of Canadians are frequent online shoppers. It is estimated that by 2022, the annual per capita online shopping consumption in the Canadian e-commerce market will rise from US$897.75 in 2018 to US$1,128.56. (E-commerce News)

9. Amazon Europe will adjust the VAT service fee from October 1st

According to August 8, recently, Amazon Europe Station issued an announcement stating that the VAT service fee will be adjusted from October 1, providing 5%, 20%, and 30% discounts for the VAT declaration service fee in five, six and seven countries/regions respectively. Specifically, starting from October 1, 2022, Amazon will adjust its Amazon VAT service fees. New VAT registration and VAT filing service fees in specific countries will give sellers the flexibility to choose the number of countries and simplify the VAT process. (E-commerce News)

10. AliExpress negotiates with Xiamen Newcomer Technology Service Co., Ltd.

According to August 8, Ms. AliExpress Luo recently visited the headquarters of Xiamen Newcomer Cloud Technology Service Co., Ltd. for a visit and cooperation negotiation. The two parties had in-depth exchanges on cross-border ecological chains, brand overseas business, and other businesses. According to reports, Xiamen Newke Cloud Technology Service Co., Ltd. is a leading service provider for cross-border overseas travel. It has multiple subsidiaries and service platforms. The businesses involved include but are not limited to supply chain, ERP systems, cross-border services, overseas warehouses, international logistics, e-commerce services, etc. On March 8, 2022, the Global AliExpress Fujian Merchant Operation Service Center was officially launched in Xiamen. (E-commerce News)