Evening News: Taobao launches protection function for youth online shopping; Oriental Selected Self-operated products are being deployed nationwide to reach cooperation with SF Express and JD.com; Daily Youxian is forced to be enforced by 550,000 yuan; Store ERP and Pinduoduo cross-border platform Temu have completed docking; ZTO International Southeast Asia Management Center has launched 9 urban warehouses in China...

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E-commerce newsletter
1. Taobao launches protection function for youth online shopping
August 31, recently, Taobao launched the online shopping protection function for teenagers around the physical and mental health issues of minors, and jointly launched a public welfare project for mental health care for minors in conjunction with the National Mental Health Prevention and Control Center. It is understood that in this exploration of the protection function of online shopping for young people, Taobao has tried product circles, content grading, and layering. When minor users actively search for products that are not suitable for display in their age group, they will directly jump to the "Green Net Plan" public welfare promotion page for popular science guidance and consumption reminders, and promptly intercept and close orders of minor users with risks and inform them of risks. (E-commerce News)
2. JD Main Station News Added a Reminder Function for Successful Invoice Issuance
On August 31, JD.com Merchant Center announced that it had added a new reminder function for invoice issuance on the main site. According to reports, this function is suitable for merchants who issue electronic invoices. When the merchant successfully issues electronic invoices in the background and sends them back to the platform, the system will reach the consumer through the message box. After the consumer clicks on the message, he can enter the invoice details page and support viewing and downloading electronic invoices. At the same time, consumers can view service notifications in the message. If the consumer does not need such messages, the message settings-Message Reception Management-Service Notifications can be turned off. (E-commerce News)
3. Oriental Selected Self-operated Products are being deployed nationwide to reach cooperation with SF Express and JD.com
On August 31, Oriental Selection announced that it has reached a close partnership with SF Logistics and JD Logistics, and plans to establish 20 self-operated product warehouses in five cities: Beijing, Guangzhou, Hangzhou, Zhengzhou and Chengdu to provide nationwide logistics service guarantees for self-operated products. In terms of SF Express logistics, Oriental Selected Self-operated Products Shipping in the room temperature warehouse has basically covered the whole country. Frozen goods logistics are centered on each warehouse and cover the surrounding areas. In terms of JD Logistics, Oriental's selection of the same-city orders for self-operated products can achieve instant or next-day delivery, and cross-provincial orders promise 72 hours of delivery. (E-commerce News)
Internet news
4. Daily Youxian is enforced by 550,000 yuan
Up to now, the company has 33 information about the person subject to execution, all of which were filed in August this year, with the total amount of the execution target exceeding 3.81 million yuan. It is worth mentioning that recently, the relevant case documents of Beijing Henghuitong Meat Food Co., Ltd. and Beijing MissFresh E-Commerce Co., Ltd. have been made public. The document shows that Beijing Henghuitong Meat Food Co., Ltd. filed a pre-trial property preservation application to the court, requiring the sealing and freezing of property worth more than 926,000 yuan under the name of Beijing MissFresh E-Commerce Co., Ltd. The court held that the applicant's application complies with the law and ruled to implement seizure and freeze. (E-commerce News)
5. Alibaba announces patents for virtual live broadcasts for multiple anchors
According to news on August 31, Tianyan Check information showed that on August 30, Alibaba Co., Ltd. applied for the patent "Multi-Anchor Virtual Live Broadcast Method and Device" applied for by Alibaba Co., Ltd. was announced. The application is also applicable to virtual reality scenarios. The text to be played can be rendered by three-dimensional modeling to generate multiple virtual human models for live broadcast using the text to be played in the above manner. (E-commerce News)
Cross-border newsletter
6. Store secret ERP completes docking with Pinduoduo cross-border platform Temu
On August 31, recently, the store secretary ERP has completed docking with the Pinduoduo cross-border platform and supported product publishing, becoming the first e-commerce ERP in China to connect with the Pinduoduo cross-border platform. According to reports, sellers only need to log in to the Store Xiaojian ERP system and complete the Pinduoduo cross-border platform store authorization to realize one-click data collection, cross-platform/store moving, batch product publishing, etc., greatly improving work efficiency. In addition, the store secretary ERP also provides services to assist sellers in the Pinduoduo cross-border platform and free training collection and publish a series of operations, helping sellers to quickly get started and carry out Pinduoduo's cross-border business operations. (E-commerce News)
7. SHOPLINE and Titanium Technology cooperate to help independent website brands go overseas
According to August 31, SHOPLINE recently reached a strategic cooperation with Titanium Technology to help independent website merchant brands go overseas. UniAgency, a one-stop overseas marketing service platform under Titanium Technology, has now launched the SHOPLINE application store. At the same time, SHOPLINE and Titanium Technology will jointly build marketing promotion activities, launch a series of theme activities to address the pain points of independent website merchants at different stages, share the college's course experience, and empower independent website merchants to acquire customers and convert from multiple dimensions such as advertising placement, marketing strategies, product selection, and order explosion. (E-commerce News)
8. Indian e-commerce Flipkart strengthens kiranas delivery plan before big promotion
August 31 news, Indian e-commerce Flipkart announced that it will further strengthen its Kiranas delivery plan before the Big Billion Days promotion. During the promotion, more than 200,000 Kiranas delivery partners will provide delivery services for the promotion, transporting millions of Flipkart products to all parts of India. Based on the Kiranas distribution network, Flipkart can meet product delivery needs in large cities, second-tier, third-tier cities and rural areas in India, and can also increase additional revenue for Kiranas distribution plan partners. Flipkart's Kirana delivery program has been widely accepted nationwide in India, with more and more Kirana stores expressing interest in joining. (E-commerce News)
9. ZTO International Southeast Asia Management Center has launched 9 urban warehouses in China
According to August 31, the Southeast Asia Management Center of ZTO International issued a statement today saying that it has launched 9 urban warehouses in China to provide one-stop logistics services for Southeast Asian cross-border e-commerce. The express delivery process is one order to the end, and the logistics information query is convenient. It is also equipped with a professional service team to ensure barrier-free communication between the two parties. Specifically, these 9 urban warehouses are located in Shanghai, Kunshan, Hefei, Xiamen, Yiwu, Suzhou, Shenzhen, Changsha and Guangzhou. These urban warehouses will be responsible for the storage, reception and delivery of two-way express delivery between China - Vietnam, Thailand, Laos, Myanmar and Cambodia. Customers can choose to deliver according to actual conditions. (E-commerce News)
10. Best Buy's second-quarter revenue was better than market expectations
On August 31, Best Buy announced its 13-week second-quarter results for the 2023 fiscal year ended July 30, 2022. According to the financial report, the company's second-quarter revenue was US$10.329 billion, better than the market's expectations of US$10.23 billion, down 11.849 billion in the same period last year, down 12.83% year-on-year; net profit was US$306 million, down 734 million in the same period last year, down 58.31% year-on-year. Adjusted diluted earnings per share were $1.54 compared with $2.98 a year ago. In the second quarter, Best Buy's gross profit was US$2.287 billion, compared with US$2.81 billion in the same period last year; gross profit margin was 22.1%, compared with 23.7% in the same period last year. (E-commerce News)
