Morning News: Amazon Overseas Shopping has officially started the 2022 Black Friday Global Shopping Season; TikTok tests voice search function; JD.com's third quarter revenue increased by 243.5 billion yuan year-on-year by 11.4%; State Post Bureau: The national express delivery business volume from January to October was 89.87 billion pieces; during Double 11, Intime Department Store had three brands with sales of over 100 million...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce Information
1. During Double 11, Intime Department Store has three brands with sales of over 100 million yuan.
On November 19, according to the official data of Intime Department Store, Intime Department Store online increased by 15% year-on-year during Double 11, and 3 brands with sales of over 100 million yuan and 71 brands with sales of over 10 million yuan were born. 30 single items sold exceeded 10,000 pieces, resulting in 264 single items with sales of more than one million. Among them, the beauty brands performed well, with Lancome, Estee Lauder and Sea Blue Mystery selling over 100 million yuan. Lancome ranks first in beauty brand sales rankings, Estee Lauder is ranked second, Aqua Blue Mystery is ranked third, Helena, Hesley, Hou, Shiseido, Skin Key, Dior, and Saint Laurent are on the list. (Lianshang.com)
2. TikTok test voice search function
11月18日消息，抖音近日在其APP左上角位置推出了“语音搜索”功能。例如，点击说“刘畊宏”，搜索结果就会跳转到相关视频和相应直播间界面。据悉，目前并不是所有用户的抖音中都上线了该功能，应该还处于内测阶段。据了解，今年3月，抖音青少年模式上线语音搜索、“自然”科普、百科等功能，助力青少年更加主动、系统化地学习知识。这是继推出“发现”频道、适龄推荐、安全搜索后，抖音青少年模式的又一创新尝试。（电商报）
3. JD.com's revenue in the third quarter increased by 11.4% year-on-year
On November 18, JD.com released its third quarter financial report for 2022. According to the financial report, JD Group's revenue in the third quarter was 243.5 billion yuan, an increase of 11.4% year-on-year; service revenue was 46.5 billion yuan, an increase of 42.2% year-on-year; operating profit was 8.7 billion yuan, RMB 2.6 billion in the same period last year; operating profit under non-GAAP was 9.9 billion yuan, compared with RMB 4.6 billion in the same period last year; JD Retail's operating profit margin excluding undistributed projects was 5.2%, compared with 4.0% in the same period last year. The number of annual active users increased by 6.5% from 552.2 million in the twelve months ended September 30, 2021 to 588.3 million in the twelve months ended September 30, 2022. (JD official)
Internet news
4. Dingdong Maicai launched multiple hotpot “Ball Watching Sets” during the World Cup
On November 20, the Qatar World Cup is about to open. During the World Cup, Dingdong Maicai will launch multiple hotpot "Ball Watching Sets". Since the Qatar World Cup events are mainly concentrated in China from 6 p.m. to the early morning of the next day, the night time is expected to be the peak of consumption for fans. The relevant departments of Dingdong Maicai have also made preparations for night transportation capacity in advance and carried out supply guarantee work during the World Cup based on the 30% night order forecast increment. (Financial Circle)
5. The Ministry of Transport interviewed Huolala and asked to rectify price-pressure competition
The interview pointed out that recently, through channels such as netizens' messages, calls from the masses, media networks, etc., it was found that Huolala Company used single-price orders and launching "special discounts" products to lower freight rates, damages the legitimate rights and interests of truck drivers and disrupts the fair competition order in the market, and all parties have strong reactions. Huolala Company stated that it will conduct profound reflections in accordance with the requirements of the interview, earnestly rectify and implement them, optimize the platform operation rules and technical plans as soon as possible, resolutely eliminate malicious price-pressure competition, and smooth the channels for communication and complaints and reporting of truck drivers, and resolve conflicts and problems in a timely manner. (Ministry of Transport)
6. Hillhouse shareholders cashed in more than 200 million yuan in Liangpin Shop
On November 19, since the release of the original shareholder restricted shares of Liangpinpuzi, Hillhouse shareholders have continued to reduce their holdings. According to the share reduction plan in May this year, due to its own capital needs, Zhuhai Hillhouse Tianda Investment Center and other joint actors plan to reduce their holdings of Liangpin Shop by no more than 24.06 million shares in the next six months, which will not exceed 6% of the company's total share capital. The latest share reduction results show that this share is close to clearance and reduction in the final execution scale is less than 1/3. As of November 18, the time period for the reduction plan expired. The above-mentioned shareholders reduced their holdings of the company by a total of about 7.82 million shares through centralized bidding, accounting for 1.95% of the total share capital; the proportion of shares held by listed companies dropped to 5.56%. (e company)
7. State Post Bureau: The national express delivery business volume from January to October was 89.87 billion pieces
On November 18, the State Post Bureau announced the operation of the postal industry in October 2022. The business revenue of the postal industry reached 112.79 billion yuan, a year-on-year increase of 3.8%. Among them, the revenue of express delivery business reached 90.24 billion yuan, a year-on-year decrease of 0.7%; the revenue of postal delivery service business reached 3.04 billion yuan, a year-on-year decrease of 9.4%. Among them, the total express delivery business volume reached 89.87 billion pieces, a year-on-year increase of 3.6%; the total postal delivery service business volume reached 23.65 billion pieces, a year-on-year increase of 8.1%. The total volume of express delivery in the same city reached 10.54 billion pieces, a year-on-year decrease of 7.0%; the total volume of off-site business reached 77.76 billion pieces, a year-on-year increase of 5.6%; the total volume of international/Hong Kong, Macao and Taiwan reached 1.56 billion pieces, a year-on-year decrease of 10.1%. (State Postal Service)
Cross-border information
8. Amazon encourages employees to voluntarily leave their jobs and involves human resources and employee service departments
According to news on November 17, Amazon has been confirmed to start layoffs a few days ago. According to an internal Amazon document, Amazon encourages employees to sign voluntary resignation agreements, including human resources and employee services. In exchange for leaving the company, Amazon will provide severance payments to employees who voluntarily leave their jobs, which is equivalent to three months of salary, plus one week of salary for every six months of working at the company, the document shows. Amazon will notify employees next month that “their resignation has been accepted, and the last working day is December 23.” (CNBC)
9. Amazon Overseas Shopping has officially started the 2022 Black Friday Global Shopping Season
On November 20, Amazon Overseas Shopping recently held an online media conference on the Black Friday Global Shopping Season with the theme of "Amazon Holiday Season". At this press conference, Mr. Li Yanchuan, Vice President of Amazon China and Head of Amazon Overseas Purchase China, announced that starting from November 18, Amazon Overseas Purchase will officially start the 2022 Black Friday Global Shopping Season. Among them, 8 pm on November 23rd to 8 pm on November 27th is the peak period of the Black Friday shopping season. Chinese consumers can participate in the Black Friday Festival season with one click through Amazon website, Amazon Shopping APP and Amazon Overseas WeChat Mini Program. According to reports, Amazon Overseas Shopping currently has 32 million product selections from the United States, Britain, Japan and Germany, including 550,000 international brands, spanning 35 major categories. During this Amazon Overseas Black Friday Global Shopping Season, nearly 20,000 brands from all over the world, nearly 2 million popular products from around the world will participate in discounts, and the holiday discount prices will start as low as 30% off. Among them, discounts customized for Chinese consumers increased by 300% year-on-year. (China Consumer Network)
10. Li Yanchuan, Vice President of Amazon China: China's cross-border e-commerce potential remains
On November 20, Amazon's overseas shopping Black Friday global shopping season officially started, with nearly 20,000 brands from around the world, nearly 2 million popular products around the world participating in discounts, and holiday discount prices start as low as 30% off. Among them, discounts customized for Chinese consumers increased by 300% year-on-year. In this regard, Li Yanchuan, vice president of Amazon China and head of Amazon Overseas Purchase China, said in an interview with China News Service and other media, "For ten years, Chinese overseas shopping consumers have appeared on the world stage, affecting and changing the pulse of world consumption." (Pengpai News)
EN
CN
