#Laogao E-commerce Newsletter# [E-commerce Morning News on August 10]

Morning News: Alibaba's dual major listing application has been confirmed by the Hong Kong Stock Exchange; Taobao's shipping time tool upgrade will be removed from the shelves without adjusting the delivery time; Baozun E-commerce plans to release its second quarter financial report for 2022 on August 23; the first cross-border user exclusive browser "Hitoor Browser" was officially released; Amazon brand sellers will be eligible to obtain high-end A+ content for free, which can increase sales by 20%...

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E-commerce newsletter

1. Alibaba's dual major listing application has been confirmed by the Hong Kong Stock Exchange

On August 9, Alibaba Group issued an announcement stating that it has applied to the Hong Kong Stock Exchange for a dual major listing in Hong Kong and New York, and has been confirmed by the Hong Kong Stock Exchange. The announcement shows that on August 8, the Hong Kong Stock Exchange confirmed Alibaba's application for major listing in Hong Kong based on the listing status change guide letter, and the effective date is expected to be before the end of 2022. Alibaba said it will make further announcements on the expected date in a timely manner. (Yibang Power)

2. Taobao delivery time tool upgrade will be removed from the shelves without adjusting the delivery time

According to August 9, Taobao recently issued an announcement stating that according to the latest "Taobao Shipping Management Specifications", Taobao will upgrade the delivery time setting tool and optimize the timeliness expression of the product details page. The announcement will take effect on August 15. Official reminders that sellers need to use new tools to set delivery time: Please check the store’s products and set the delivery time according to the upgraded tools in a timely manner. Set the path: "Qianniu Seller Center-Product-My Baby-Edit Products", set "Shipping Time" in the sales information, and click to view the operation instructions. In July, Taobao has notified sellers to make adjustments. Taobao will remove such products from the shelves that have not been adjusted as of the effective date of this announcement. (Yibang Power)

3. Baozun E-commerce plans to release its second quarter financial report for 2022 on August 23

August 9th news, Baozun E-commerce announced today that it will release its unaudited second-quarter financial report as of June 30, 2022 before the opening of the US stock market on August 23, 2022. The company will hold a conference call at 8 a.m. Eastern Time on August 23, 2022 to discuss the revenue situation. According to previous financial performance data of Baozun E-commerce, Baozun E-commerce's GMV in the first quarter of 2022 was approximately 17 billion yuan. Total net revenue was 1.984 billion yuan, a year-on-year decrease of 1.8%, of which, service revenue was 1.303 billion yuan, a year-on-year increase of 24.3%; product sales revenue was 681 million yuan, a year-on-year decrease of 29.9%. (E-commerce News)

4. The third "Duoduo Agricultural Research Science and Technology Competition" of Pinduoduo starts global recruitment

August 9th news, on August 9th, Pinduoduo, Guangming Home Port Seed Technology Co., Ltd., China Agricultural University and Zhejiang University announced the joint launch of the 2022 Guangming Duoduo Vertical Agricultural Challenge and the third "Duoduo Agricultural Research Science and Technology Competition". Different from the previous two sessions, this competition moved the venue to the container farm in Chongming, Shanghai. The evaluation dimensions include five aspects: output, quality, algorithm strategy, energy consumption cost and commercial value. At present, the competition has started global recruitment. From now until August 26, contestants can register online through the competition website. According to the rules, the schedule includes two parts: the preliminary and finals. (E-commerce News)

Internet news

5. Kuaishou has imposed a total of 280,000 counterfeit accounts to further purify the community atmosphere

According to August 10, Kuaishou officially released the "Kuaishou's Governance Announcement on the Control of False Accounts (Issue 4)". The announcement shows that the Kuaishou platform found that some accounts have impersonated others to attract traffic, maliciously increase fans, and even monetize and make profits. Such behavior infringes on the legitimate rights and interests of others and greatly affects the user's experience. The platform will continue to crack down on such violations, verify counterfeit accounts through technical means and manual review, and impose penalties on related accounts based on the violations, such as banning actions and permanent banning of accounts. Up to now, the platform has imposed a total of 280,000 counterfeit accounts. Kuaishou said that it regards user safety and experience as the foundation of the platform and firmly opposes any form of false imitation. Kuaishou will continue to improve technical means, optimize strategies, and smooth reporting, further purify the community atmosphere and maintain the community environment. (Yibang Power)

6. Suning.com Retail Cloud Launches 818 Promotions with a maximum free order of RMB 5,699

On August 9, Suning.com Retail Cloud recently launched an 818 promotion for 11,000+ stores across the country, continuing throughout August, bringing together mainstream home appliances and home furnishing brands in the industry, and launching various products and preferential policies for the county and town markets. For old home appliances, Retail Cloud will continue to implement the dual-line "old-for-new" activity. Customers can go to the store or participate in the replacement of new products through the "Suning.com Selection" mini program, and the old phone can be up to 1,000 yuan; Retail Cloud also launched a "1,000 yuan return" benefit for home appliances and home appliances during the promotion period. Customers can enjoy a thousand yuan discount for cross-category products after purchasing home appliances and home appliances for more than 10,000 yuan. (E-commerce News)

Cross-border information

7. The first cross-border user exclusive browser "Hitoor Browser" was officially released

According to August 9, the first cross-border user exclusive browser "Hitoor Browser", was officially released a few days ago. As a certified network service provider, Hitoor Browser has reached cooperation with many cross-border e-commerce industry chain companies to provide users with network services and solutions. It is reported that Hitoor browser has three core functions: security protection, cross-border network, and collaborative management of multiple stores. (E-commerce News)

8. Amazon brand sellers will be eligible to obtain premium A+ content for free to increase sales by 20%

It is reported that advanced A+ content provides new and larger module types such as video, image carousel and interactive hotspots in the product description section of the product details page. Advanced A+ content is conducive to increasing sales by 20%. During the promotion period, sellers can use the A+ Content Manager to publish advanced A+ content for all registered ASINs. It should be noted that access to Advanced A+ will be granted at the end of each month. If Amazon announces charges for premium A+ content, sellers will receive notifications about whether to choose. (E-commerce News)

9. Dunhuang Online Online US Standard Special Line (General + Electric + Special)-USTO Line

According to August 9, today, Dunhuang.com issued a notice on the launch of the US Standard Line-USTO. The announcement shows that the reference transportation time of the US Standard Line-USTO line is 10-28 days (natural day); the weight is limited to 0-5KG; the product attributes can be sent with reference to the delivery attribute. In terms of billing method, the line lifting is 80G billed, and the actual weight of the package is larger than the volume weight; the freight rate displayed on the platform shall prevail after the actual weighing of the warehouse. In terms of goods delivery attributes, this line can receive and send live goods and kitchen knives; it is necessary to provide FDA products without drug, supplements, medical devices, food, biological devices, sunglasses, glasses, etc. (E-commerce News)

10. AliExpress will resume the time-consuming delivery of parcel logistics to Kazakhstan and Uzbekistan

According to August 9, today, AliExpress issued an announcement stating that the situation in Central Asia has been stable in the near future, and parcels sent to Kazakhstan and Uzbekistan will resume daily delivery timelines. The limited-time payment time limit for parcels sent to Kazakhstan and Uzbekistan is adjusted to 60 days, and the logistics commitment compensation time limit part is adjusted to 60 days. The logistics commitment compensation time limit for Cainiao Super Economy, Cainiao Super Economy Global, Cainiao Special Line-Super Economy logistics commitment compensation time limit remains unchanged, and it is still 35 days. (E-commerce News)