#Laogao E-commerce Newsletter# [E-commerce Morning News on August 25]

Morning News: 1688 will launch the "Same-Day Delivery" delivery timelines; Creation Festival announced 20 Taobao entrepreneurship items to assist 20,000 merchants in three months to help the transaction volume exceed one million; news said Meituan has merged its e-commerce business with the Preferred Business Department; SHOPLINE B2B function iteration: new SEO search engine optimization plug-in; Russian e-commerce Ozon's revenue in the second quarter of this year reached 150,000 active sellers...

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E-commerce newsletter

1. 1688 will launch the "Same-day delivery" delivery timeliness expression

On August 24, 1688 issued an announcement stating that the platform will launch a "same-day delivery" delivery timeliness. Starting from September 1, 2022, merchants that have already launched buyer protection will add a "same-day delivery" service function. Merchants can independently select products to express "same-day delivery" when publishing and editing products. The meaning of "delivery on the same day" is: if the buyer pays before 16:00, he promises to ship the goods before 24:00 on the same day; if the buyer pays after 16:00, he promises to ship the goods within 24 hours. If the circumstances are serious, you can also take measures such as store permissions, removal of products, and deletion of products. (E-commerce News)

2. Suning.com's "818 Home Appliances and Home Decoration Consumer Logistics Service Data": Shipping volume during the 818 period increased by 81% year-on-year

This year, the demand for air conditioners for 818 air conditioners is stronger. Data shows that the installation volume of 818 Suning.com Bangke air conditioners increased by 145% year-on-year. In order to cope with the pressure of delivery and installation, Suning.com has launched a cross-regional reinforcement mechanism, and all districts across the country allocated personnel to give priority to ensuring air conditioning distribution. Next-day delivery can be achieved in 257 cities across the country. In 818 this year, Suning.com's home decoration and home furnishing order sales doubled, and the scale of integrated logistics and home furnishing packages and delivery was rapidly expanded simultaneously, with a one-time door-to-door installation completion rate of 100%. (E-commerce News)

3. Creation Festival announced 20 Taobao entrepreneurship items to assist 20,000 merchants in March to exceed one million

On August 24, the 7th Creation Festival, which opened today, was launched in Guangzhou for the first time, and for the first time, it added an "Innovation and Entrepreneurship Conference" for small and medium-sized entrepreneurs across the network on the basis of the "Creative Exhibition". This year, a total of 280,000 online and offline businesses signed up to participate in the Creation Festival, which is the most common in history. Correspondingly, the number of entrepreneurs who "enter Taobao" shows a continuous growth trend. Data shows that in the past year ended July 31, Taobao and Tmall have added nearly 1.2 million merchants, with both the increase and growth rate more than doubled. Young people are the innovative protagonists of the Creation Festival and the entrepreneurial force of Taobao. On Taobao, the total number of merchants born in the 1990s and 2000s is 4 million, of which the number of merchants born in the 2000s has reached nearly 1 million.  

This innovation and entrepreneurship conference, four sub-forums for new consumption, green health, technology, and content culture, not only conform to the direction of high-quality development, but also corresponds to the new industry trends that are rapidly rising on Taobao. The report points out that the new trend of "agile innovation" for small and micro enterprises: starting from the segmented market, meeting the personalized needs of niches of specific groups, rapidly iterating products, and enterprises are taking small steps. Taobao data shows that in the past two years, Taobao and Tmall have added more than 2,100 new physical product leaf categories, and more than 100 new tracks with over 100 million; Taobao has an average of 180 million new online products per day. At this innovation and entrepreneurship conference, Taobao released the "20 Entrepreneurship Techniques", focusing on three directions: lowering business thresholds, reducing operating costs, and improving operating capabilities, to help small and medium-sized businesses grow and brand incubation. A special project for college students' entrepreneurship is set up, and the "College Student E-commerce Entrepreneurship and Employment Season" cooperated with relevant departments of the Ministry of Education has been launched. The above 20 measures have begun to be implemented. Data shows that in the year ended July 31, the annual transaction volume of more than 1.7 million Taobao small and medium-sized merchants increased by more than 100% year-on-year; in the second quarter of this year, more than 20,000 new Taobao Tmall merchants exceeded one million in three months. (Yibang Power)

Internet news

4. News says Meituan has merged its e-commerce business with the Preferred Business Division

According to the news on August 24, according to "Finance Eleven", several Meituan people recently revealed that Meituan's e-commerce business has been merged with Meituan Youxuan business unit. "Eleven of Finance" asked the relevant person in charge of Meituan to verify the merger, and there was no response as of press time. It is reported that Meituan Youxuan and E-commerce both went online in 2020. Youxuan was a community group buying business, which was later called "community e-commerce" by Meituan. Subsequently, the importance of "Tuanhao Good Products" has been improved, and it was independently renamed "Meituan E-commerce". Starting this year, the first-level entrance to "e-commerce" has also been opened on Meituan's main website. (E-commerce News)

5. JD New Department Store released the "2022 Down Clothing Product Quality Certification Quality Standards"

On August 24, the "JD Down Clothing Product Quality Certification Quality Standards" jointly formulated by JD New Department Store, together with Zhonglian Product Inspection Technology Co., Ltd., as well as clothing brands such as Bosideng, Hailan Home, Xue Zhongfei, Yaya, Tambor, Balabar, Anta, and Skech, was released and implemented. This standard is based on the GB/T 14272-2021 "Down Clothing" standard implemented in April this year. It has made stricter specifications on nearly 30 items such as raw materials, appearance quality, safety requirements, internal quality, and fillings of down jacket products, of which nearly 10 items are higher than the new version of the national standard. (E-commerce News)

Cross-border information

6. Shopee China Taiwan Station has added SLS logistics channel "Shrimp Overseas Home Delivery"

According to August 24, Shopee recently issued an announcement stating that in order to better serve Shopee cross-border sellers and enhance product competitiveness, Taiwan Shrimp Peel added a new SLS logistics channel at 00:00 on August 23, 2022 (Beijing time): Shrimp Peel Overseas - Home Delivery (Sea Transportation). (Yibang Power)

7. Russian e-commerce Ozon's revenue in the second quarter of this year reached 150,000 active sellers

According to August 24, Russian e-commerce Ozon recently announced its second quarter financial results for 2022. According to the financial report, Ozon's total revenue in the second quarter of 2022 was 58.5 billion rubles, a year-on-year increase of 58%. This service revenue exceeded commodity revenue for the first time. At the same time, service revenue has continued to grow for four consecutive quarters, thanks to the growing number of merchants and orders. At the same time, the number of active buyers reached 30.7 million, a year-on-year increase of 67%; the number of active sellers tripled year-on-year to 150,000. (E-commerce News)

8. SHOPLINE B2B function iteration: Added SEO search engine optimization plug-in

On August 24, SHOPLINE B2B released the V2.3 product update function. This update SHOPLINE has added SEO search engine optimization plug-in, advanced component library plug-in, Wink theme template, and also optimized the B2B& Wholesale Solution plug-in, smart landing page and size chart. The plug-in has SEO title and description optimization, picture Alt optimization and keyword optimization functions. At the same time, merchants can generate/update the store website Sitemap with one click and submit it to GSC to help Google Search crawl store website information and allow more customers to search and find the website. (E-commerce News)

9. JD International and Yantai Free Trade Zone have launched trial business to create a cross-border O2O experience store

According to August 24, recently, the Yantai cross-border O2O experience store jointly created by JD International and the Yantai District Management Committee of the Shandong Free Trade Pilot Zone officially started trial business. It is reported that this is another cross-border experience store opened by JD International in China after Xi'an, Sanya and other places, and it is also JD International's first cross-border experience store in East China. According to reports, the experience store is located in the commercial center of Yantai City and is divided into four venues: Korean Pavilion, Japanese Pavilion, European and American Pavilion, and ASEAN (Vietnam) Pavilion. After consumers have experienced cross-border products in the store, they can purchase by scanning the code on the product label and placing an order on the JD APP. (E-commerce News)

10. Amazon will close telehealth service Amazon Care by the end of this year

According to August 25, Amazon will close its telehealth service Amazon Care after December 31, mainly because Amazon feels that Amazon Care is not a long-term solution for enterprise customers. It is understood that Amazon Care was launched in 2019 when it was just a pilot project for Amazon employees at its headquarters in Seattle and nearby Amazon. The telemedicine service provides virtual emergency care services, free telemedicine services, home inspections for paid nurses and vaccination services. (E-commerce News)