Morning News: Oriental Select responds to the removal of 6 yuan corn; ensures that production capacity has not exceeded production; Suning.com Double 11 cross-store cross-store 50 yuan discount for every 300 yuan per 300 yuan; Amazon will increase the average hourly wage of warehouse freight workers to US$19; TikTok e-commerce revised the "Selected Alliance Platform Management Rules"...
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E-commerce newsletter
1. Douyin E-commerce revised the "Selected Alliance Platform Management Rules"
On September 28, Douyin E-commerce recently revised the "Selected Alliance Platform Management Rules". The "Selected Alliance Platform Management Rules" apply to all small store platforms domestic merchants and global shopping platforms cross-border merchants. In terms of merchant access standards, merchants require that they have entered the e-commerce platform and have opened stores on the e-commerce platform; merchant accounts can be logged in normally and the store business status is normal; merchant experience score is 4.2 points higher than (inclusive), and new merchants do not have experience scores, and the experience scores are not evaluated for the experience scores for the time being, and other conditions are met. (Official Douyin)
2. Tmall Supermarket: Private domain guided transactions account for more than 50%
According to Liu Yiman, Tmall Supermarket is an icon with an independent retail brand mind on the Taobao app. Tmall Supermarket’s private domain guided transactions account for more than 50%. This group of users with Cat Supermind contributed nearly 50% of the GMV. Tmall supermarket consumers focus on three core groups, including housewife's family, new mother's family and two-person world. They have the characteristics of high-quality, high-repurchase and high-line markets, and the transaction amount among all users accounts for more than 40%. (Sina Technology)
3. Suning.com Double 11 Cross-store 50 off for every 300 yuan you spend
On September 28, Suning.com held a Double 11 merchant conference today. The core outbreak period of Suning.com Double 11 this year is October 24-November 13, and will last for 20 days. On Double 11 this year, Suning.com will also classify stores, conduct a comprehensive assessment of the store's operation capabilities, store experience, etc. through the "Suning Platform Star Pan", and divide the store levels on this basis, and provide merchants with store diagnosis and improvement data support. (Sutu.com)
4. Oriental Selection responded to the removal of 6 yuan corn: Ensure that production capacity has not exceeded production
On September 28, some netizens discovered that the Oriental Selection e-commerce platform has removed corn, and only corn juice is searched for "corn". It is understood that before, Oriental Selection was questioned by Simba for selling 6 yuan per root of farmers, which also sparked heated discussion on e-commerce farmers' topics. Dong Yuhui, an anchor from Oriental Selection, once responded to the price of corn in the live broadcast room: "Most of the corn is not for people to eat, but for animals, so the price is indeed 40 to 50 cents per piece. The raw corn we found comes from a good production area in Northeast China, and the cost is very high." (Boss Broadcast)
5. Gaotu only sells goods for one week at only 50,000 yuan
On September 29, tens of millions of people recently watched the return of a super anchor on Taobao, and tens of millions of people watched a top star in Kuaishou bowed to Dongfang Selection in the live broadcast room. At the same time, Gaotu launched its first live broadcast to sell goods, with 6,100 people watching it. According to Chanma Ma data, Gaotu has been selling goods for nearly ten live broadcasts since then, with only 1,732 people watching the game and an average sales of between 2,500 and 5,000 yuan. Gaotu’s anchor comes from its “Golden Teacher Team”, mainly selling food and beverages, maternal and child products, etc. (LatePost later)
Internet news
6. Bezos' ex-wife divorced again and is worth about $28.9 billion
According to statistics, Scott is currently worth about $28.9 billion. She married Juit last year, when Scott announced the news through her "Giving Pledge" website. On the "Giving Pledge" page, Scott promised to donate most of his property, and Juit also wrote a letter to express his support. The two also placed a photo on the top of the website homepage, and now only Scott's photos and letters are left at the top. After her divorce from Bezos, Scott controlled about $36 billion in wealth, and she held a 4% stake in Amazon at the time of the divorce. After signing the donation commitment letter in 2019, Scott began to donate a large amount of money and has donated $12 billion so far. (E-commerce News)
7. Most popular Chinese stocks closed up on Wednesday
According to news on September 29, most popular Chinese stocks closed up on Wednesday. Among them, Daily Youxian rose by more than 34%, Monster Charging rose by more than 10%, Yixian E-commerce, New Oriental, Alibaba rose by more than 4%, Vipshop, Pinduoduo, and Ctrip rose by more than 2%, and Xinyang, Baidu, and Bilibili rose by more than 1%. At the same time, Mogujie fell by more than 5%, while Tuniu, Zhihu and Dingdong Maicai fell by more than 1%. (E-commerce News)
Cross-border information
8. Shopee releases a statement on the rebate policy for new sellers in Brazil and Singapore sites
On September 28, Shopee recently issued a notice on the "Shopee Brazil and Singapore Site Rebate Policy Notes". The notice shows that starting from October 1, 2022, the commissions for orders generated by sellers in the first three months after the first store of the Shopee platform will be returned to the corresponding store of the new seller in the form of advertising funds at a commission rate of 6%. It should be noted that the advertising funds will be invalid within 30 natural days from the date of return, and the seller must use it in time. The Shopee platform does not rule out that it will adjust the charging items and standards. The current version applies to when the Shopee platform releases a new commission policy. (Official shrimp skin)
9. Amazon releases new Kindle with stylus
According to reports on September 29, Amazon is reportedly making a new transformation of its Kindle reader. This week, Amazon's new Kindle is equipped with a stylus to help users take notes. On Wednesday, Amazon said at its annual display of new products for the equipment business that the new Kindle Scribe will be shipped later this year for $339. Amazon launched its first generation Kindle as early as 2007, which was Amazon's first entry into the consumer electronics market. Earlier this month, Amazon announced an upgrade of the Kindle's main product line and new products designed for children's users. (Sina Technology)
10. Amazon will raise the average hourly wage for warehouse freight workers to $19
According to reports on September 29, it was reported that on Wednesday local time, US e-commerce giant Amazon announced that workers in its logistics warehouses and express delivery systems will receive a round of salary increase: the average starting hourly wage will be raised from the past $18 to $19. It is now the peak of American consumers buying gifts at the end of the year, and it is difficult to recruit workers in the retail industry. Amazon raises its hourly wages this time, which will help recruit new workers and retain existing workers. Amazon said the increase in wages this time will increase the company's operating costs by $1 billion next year. (Sina Technology)
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