#Laogao E-commerce Newsletter#[E-commerce Evening News on September 30]

Evening information: Tmall’s best-selling express delivery fee will not increase during Tmall Double 11; Morgan Stanley lowered Alibaba’s target price by 21% to US$110; Xiaomi Home is in Ele.me; Amazon’s US station will change its automatic inventory removal policy from October 14; the Ministry of Transportation will interview four freight platforms including Huolala and Kuaigou Taxi...

Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. JD.com and Eagle Tire Group have reached cooperation to cooperate in big data applications and other aspects.

On September 30, Eagle Tire Group and JD.com signed a strategic cooperation agreement at Eagle Tire Dongying Base on September 28. Through this signing, the two parties will carry out in-depth cooperation in the field of commercial tires and big data applications, jointly promote the rapid development of vertical fields such as the new ecology of the rear tire industry, large customer business and tire rental services, and further improve the industrial layout of Xiongying Tire Group and accelerate JD's layout in the tire industry. (Tire Report)

2. JD.com releases JD.com’s live broadcast POP deduction policy

On September 30, JD.com Mai Merchant Center announced that in order to encourage JD.com to open platform POP merchants to carry out live broadcast business more actively and jointly promote the continuous growth of JD.com's live broadcast ecosystem, JD.com's live broadcast POP deduction policy will continue to be implemented in Q4, 22. It is understood that for the categories participating in the deduction reduction policy, the category deduction points of all POP merchants through JD Live have been reduced to 1% or 2%, but the customer's order path must comply with the deduction reduction identification logic and category. JD.com said that all categories that are subject to deduction reduction can participate in the policy by POP merchants when broadcasting. (Jingmai Business Center)

3. During Tmall Double 11, Tmall’s premium express delivery fee will not increase

On September 30, registration for Tmall Double 11 merchants on September 26 officially began. In addition, in order to effectively solve the problem of logistics freight fluctuations caused by massive logistics orders every year. This year, as long as merchants settle in Tmall’s best warehouse, there will be two support for the corresponding orders during Tmall Double 11: the corresponding orders will not increase the price of the Tmall best warehouse freight fee; the corresponding orders will not increase the price of the in-store packaging fee. In addition, Taobao Special Delivery Service will also provide a subsidy of 0.2 yuan per shipping fee for corresponding orders, helping merchants reduce operating costs as much as possible. On Tmall Double 11 this year, Taobao Special Delivery and Cainiao Station both provide merchants with free door-to-door delivery services. (E-commerce News)

4. Taobao Live announces the business guide for merchants to grow and operate: assist merchants to improve their live broadcast capabilities

On September 30, Taobao Live launched the "Merchant Growth and Operation Guide" based on the "Five Forces Model" that this year's Treasure Good Store, aiming to help merchants at different levels successfully open up the "blind spots" in the five aspects of growth power, product power, content power, traffic power, and fan power, build a growth knowledge system required by merchants to operate Taobao live broadcast business, and realize the integration of "people, goods, and places", thereby establishing a long-term store broadcast model. (Yibang Power)

Internet news

5. The Ministry of Transportation interviewed four freight platforms including Huolala and Kuaigou Taxi.

On September 30, the official microcommunication of the Ministry of Transport released a message saying that today, the Inter-ministerial Joint Conference Office of the Coordinated Supervision of New Transportation Forms held an interview with four Internet road freight platform companies, Manbang Group, Huolala, Didi Freight and Kuaigou Taxi. It points out that it is necessary to improve the supply review system, improve the coordination mechanism for handling freight arrears, and do not maliciously lower the price competition. Before the end of 2022, charging standards and operating rules shall not be adjusted at will. The relatively stable transportation prices must be maintained to ensure that truck drivers enjoy the policy dividends of toll reduction. (Ministry of Transport)

6. Morgan Stanley cuts Alibaba's target price by 21% to $110

On September 30, Morgan Stanley lowered Alibaba's price target by 21% to $110 and expects its second-quarter customer management revenue to fall by 4% year-on-year. Morgan Stanley still maintains its super-equity rating, believing that the 10-fold non-GAAP P/E ratio in 2023 is "attractive". In addition to Morgan Stanley, Morgan Stanley released a research report saying that it maintained the "overweight" rating of Alibaba's Hong Kong stocks, and expected profit growth to recover to more than 20% in fiscal 2024. In addition, the market's current forecast price-to-earnings ratio for its fiscal 2024 is only 9 times, and it believes that the stock price is attractive, with the target price dropping from HK$140 to HK$130. (Cailianshe)

7. Xiaomi Home settled in Ele.me

According to September 30, Ele.me and Xiaomi Group announced today that they have reached a cooperation. Starting from now on, more than 3,000 "Xiaomi Home" stores across the country will be launched on the Ele.me platform one after another. The stores of the two parties cover more than 200 major cities across the country, including Beijing, Shanghai, Hangzhou, Guangzhou, Shenzhen, Chengdu, etc. It is worth mentioning that in December last year, SF Express and Xiaomi Home officially reached a strategic cooperation in the same city. The service has now covered more than 270 cities and 4,200 stores across the country. After placing an order through Xiaomi's own channels, it has achieved an "on average of 1 hour" instant purchase. (Ele.me)

Cross-border newsletter

8. Amazon US website will change its automatic inventory removal policy from October 14

On September 30, Amazon's US website issued an announcement stating that in order to make more storage space for sellers' products during the holiday sales season, the US website is making changes to automatically remove inventory that cannot be delivered. Starting from October 14, 2022, Amazon will automatically remove undelivered inventory that has been stored in the operation center for more than 14 days. Previously, this removal policy applies to stocks that cannot be delivered for more than 30 days in the operation center. Sellers can also automatically refurbish, liquidate, or return inventory that cannot be delivered by updating settings. (E-commerce News)

9. The governance of Alibaba International Station involves the application of illegal telecommunications products to take effect on October 8

On September 30, Alibaba International Station issued a notice on the governance of goods involving the applicable illegal telecommunications purposes today. The announcement stated that the "Anti-Telecommunication Network Fraud Law of the People's Republic of China" will come into effect on December 1, 2022. The law stipulates in detail the responsibilities and obligations related to telecommunication network fraud, and prohibits any unit or individual from illegally manufacturing, selling, providing or using the following equipment and software: telephone cards are inserted into equipment in batches, etc. The announcement reminds that the rule will come into effect on October 8, 2022. (Alibaba)

10. SHOPLINE and TikTok for Business cooperate to help sellers go overseas marketing

September 30th news, in order to help cross-border sellers seize the TikTok marketing dividend period, SHOPLINE, a world-renowned cross-border e-commerce smart website building platform, recently reached a business cooperation with TikTok for Business. According to reports, when TikTok Marketing is launched, SHOPLINE overseas sellers can connect stores and TikTok business centers through this plug-in to easily enable TikTok for Business marketing. SHOPLINE TikTok Marketing integrates in-depth APIs with TikTok, which can support 4 major functions, easily help merchants manage TikTok assets and quickly conduct overseas marketing. (SHOPLINE)