Morning News: Tmall Double 11 joins hands with 30 industrial belts to help merchants prepare stocks; JD ranks second in Chinese companies in Forbes' "2022 Global Best Employers List"; Duan Yongping once again bought 100,000 shares of Tencent ADR, which cost about HK$25 million; the final report of the first Amazon Prime membership early enjoyment day was released: sales exceed 100 million pieces; SHOPLINE and Payoneer Pai Anying reached a strategic cooperation...
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E-commerce newsletter
1. Tmall Double 11 joins hands with 30 industrial belts to help merchants prepare goods
On October 13, on the occasion of Double Eleven, Taobao and Tmall joined hands with 30 industrial belts across the country to convey the special gameplay, rights protection and support measures of Double 11 to industrial belt merchants. In addition, during the preparation period and explosion period of Double Eleven, Taobao Live will provide growth support and traffic rewards to industrial belt merchants, and set up exclusive venues and Taobao live broadcast channels; provide exclusive venues and sea view floors for industrial belts to select merchants/merchandise. (E-commerce News)
2. Sales of Tesco Festival in the United States exceeded 2.5 billion and increased by 12% year-on-year
According to October 13, from September 26 to October 10, the Tesco Festival in the United States was very popular during the National Day holiday. Gome Big Data showed that many indicators of offline and online platforms achieved significant growth, with overall sales exceeding 2.5 billion yuan, a year-on-year increase of 12%. The 49 new model stores that opened during the National Day holiday have ushered in a good start, with sales reaching about twice the previous time they were transformed. During the National Day holiday, Zhenhappy APP and Gome Electrical App not only sprinkled 500 million consumer coupons to make consumers more affordable, but also sincerely gave back to users through activities such as old-for-new, live broadcasts, and extended warranty. (E-commerce News)
3. JD.com ranks second in the Chinese companies in Forbes’ “2022 Global Best Employers List”
On October 13, Forbes recently released the "2022 Global Best Employers List". JD.com has been on the list for five consecutive years, with a ranking of 52 places significantly higher than last year, jumping to 30th place. Huawei and JD.com ranked first and second in Chinese companies. The employer brand is a comprehensive quality demonstration of both internal and external cultivation of an enterprise. The list surveyed 150,000 employees working in multinational companies and institutions from 57 countries. The Chinese companies on the list demonstrated the global high recognition of Chinese corporate employer brand building, talent development path, social responsibility, etc. (E-commerce News)
4. Kuaishou e-commerce mechanical watch category opens and products that have been put on the shelves need to be moved before November 2
According to October 14, Kuaishou E-commerce recently issued an announcement on opening the mechanical watch category, which will take effect on October 19, 2022. The announcement stated that in order to better promote the development of the platform business ecosystem, continuously improve the platform service level and user shopping experience, Kuaishou Store will add a third-level category of "mechanical watches" under the "jewelry/watch"-"watch" category, and requires the types of access stores, entry methods, entry fees, industry qualifications, product release specifications and other requirements. Specifically, the "Jewelry/Clocks"-"Clocks and the third-level category of "Mechanical Watches" is added to flagship stores, specialty stores, and specialty stores. Kuaishou's product deposit is 50,000 yuan, and Kuaishou's product technical service fee rate is 5%. Kuaishou e-commerce reminds that for mechanical watch products that have been listed on the shelves, merchants are asked to move the products to the jewelry/watch-watch-mechanical watch category within 14 natural days after the announcement takes effect. If the merchant does not make any adjustments within the deadline, the platform will carry out unified migration. (Webmaster's Home)
Internet news
5. Users of the "WeChat Palm Payment" mini program launched by WeChat must enable it in the Palm Device
According to reports on October 14, the "WeChat Palm Payment" mini program has been launched on WeChat, but this function requires users to activate it in the Palm Device. Palm Payment is another new payment method for WeChat after password payment, fingerprint payment, and face payment. Public information shows that the "WeChat Palm Payment" mini program was developed by Tenpay Payment Technology Co., Ltd., and its mini program is introduced as "Your palm represents you." According to Tech Planet, WeChat Pay has been connected to the palm-sweep payment device in some merchants in Shenzhen for testing, and users can pay orders through palm-sweep patterns. (E-commerce News)
6. SF Holdings: It is expected that its net profit will be RMB 4.42 billion to RMB 4.57 billion in the first three quarters of 2022
On October 13, SF Holdings Co., Ltd. released its performance forecast for the first three quarters of 2022, and is expected to increase the same performance in the first three quarters of this year. SF Holdings expects that the company's net profit in the first three quarters of this year will be 4.42 billion yuan to 4.57 billion yuan, a year-on-year increase of 146% to 154%; the net profit excluding non-operating items in the first three quarters will be 3.8 billion yuan to 3.95 billion yuan, a year-on-year increase of 1041% to 1086%; the net profit in the third quarter will be 1.91 billion yuan to 2.06 billion yuan, a year-on-year increase of 84% to 99%. (Yibang Power)
7. Duan Yongping bought 100,000 shares of Tencent ADR again, costing about HK$25 million
According to news on October 13, Tencent's stock price fell below HK$250 again today. Well-known investor Duan Yongping bought 100,000 shares of Tencent ADR at around 9 am yesterday, costing about HK$25 million. As of the close of October 13, Tencent Holdings closed at HK$246.2, down 2.92%, with a trading volume of 22.159 million shares, a trading volume of HK$5.544 billion, and a total market value of HK$2.36 trillion. Previously, Duan Yongping had bought Tencent four times in February, March, April and August, with an average cost of more than US$40 and is currently in a floating loss. In addition, Tencent has carried out 37 repurchases since August, with a total of 45.23 million shares repurchasing a total of HK$13.268 billion. (E-commerce News)
Cross-border information
8. The final report of the first Amazon Prime membership early enjoyment day is released: sales exceed 100 million pieces
On October 14, the final report of the first Amazon Prime Member Early Enjoyment Day was released: During the event, Amazon Prime members purchased more than 100 million products, most of which came from small and medium-sized enterprises. The event was held from October 11 to 12 local time in 15 countries around the world, covering the United States, the United Kingdom, Canada, France, Germany, Italy, Spain, Austria, China, Luxembourg, the Netherlands, Poland, Portugal, Sweden and Turkey. (E-commerce News)
9. SHOPLINE and Payoneer reached strategic cooperation
On October 13, SHOPLINE, a global cross-border e-commerce smart website building platform, recently officially reached a strategic cooperation with financial technology company Payoneer Pai'anying. Through this cooperation, Payoneer Checkout Pai'anying collection solution will be integrated into the SHOPLINE merchant backend and become one of the official payment tools of SHOPLINE. Payoneer Checkout Pai Anying Collection Service currently only accepts applications from Hong Kong-based companies in China. In terms of payment security, Payoneer Paianying is based on a full set of security risk control, which can effectively control and reduce the risk of merchants being refused payment. Payoneer Paianying's anti-fraud technology can further ensure that merchants go overseas. (E-commerce News)
10. Amazon will announce its third quarter financial results for 2022 on October 27
On October 14, Amazon announced that it will hold a conference call at 2:30 pm Pacific time on October 27, 2022, that is, 5:30 pm ET to discuss its financial results for the third quarter of 2022. (E-commerce News)
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