#Laogao E-commerce Newsletter#[November 30 E-commerce Evening News]

Evening news: Jia Yueting said that FF91 is only one step away from delivery and will announce the delivery schedule as soon as possible; the rules of the store business entities of JD.com open platform store operators have been changed; the "Dongguan Youpin" e-commerce platform has been launched for trial operation; the US limited-time auction e-commerce platform Tophatter is suspected of bankruptcy; Alibaba will officially launch a new overseas platform Miravia in Spain...

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E-commerce newsletter

1. The "Dongguan Youpin" e-commerce platform has been launched for trial operation

According to the official micro-video of Dongguan Youpin, "Dongguan Youpin" is a platform under Dongguan Urban Preferred E-commerce Operation Center, providing integrated online and offline integrated operation services for high-quality brands in Dongguan. It is reported that the Dongguan Youpin platform will focus on serving high-quality products in Dongguan manufacturing, provide new digital services for Dongguan Youpin enterprises to sell products and services, promote the online and offline integration of high-quality Dongguan goods such as online centralized storage, transaction, circulation, and supervision of the industrial chain, and help Dongguan local brand factories increase orders, destock, and create brands. (Dongguan Excellent Products)

2. Kuaishou E-commerce will support 100 new GMV anchors in Pinghu

On November 30, the "2022 Kuaishou E-commerce Quick Warm-Pinghu Down Festival" was held in Pinghu, Jiaxing, Zhejiang a few days ago. At the meeting, Kuaishou E-commerce announced that it will support 1,000 new merchants and 100 new GMV anchors in Pinghu. To this end, in terms of traffic support, Kuaishou e-commerce’s “Qingyun Plan” will provide 800 million traffic support per day to new merchants on the entire platform. In terms of marketing resources, Kuaishou E-commerce will provide marketing resources such as promotional nodes and daily activities. At the same time, it will carry out industry category activities such as cashmere festivals and fur festivals based on the characteristics of Pinghu Industrial Belt, and provide targeted support to local merchants in Pinghu. (Yangzi Evening News)

3. Changes in the rules of the shop business entity of JD.com Open Platform

On November 30, the Jingmai Merchant Center issued an announcement today stating that the rules for changing the business entities of the JD Open Platform store are announced, and the same store can only change the entity once within the past 365 days. The current entity refers to the main company that is currently operating in the JD Open Platform store announcement. If the store's main body changes are completed in the later stage, the entity is also called the old entity. (Jingmai Business Center)

4. Douyin e-commerce will upgrade the lucky bag function in mid-to-late December

On November 30, Douyin E-commerce recently issued an announcement stating that the platform will upgrade the lucky bag function in mid-to-late December 2022. After the function upgrade, e-commerce creators can only use the super lucky bag function when selling goods on live streaming, and cannot use other lucky bag types such as physical lucky bags. The specific upgrade date is subject to the prompts on the lucky bag function page. Different lucky bags have their specific service scope and functional expectations, serving different types of creators' interaction needs. (Tiktok E-commerce Learning Center)

5. 1688 upgrade and adjustment of the "Rongyishou" service is completed before December 31

According to November 30, the 1688 platform issued an announcement today stating that due to business adjustment needs, in order to further facilitate merchants to use Rongyishou services, Rongyishou will make the following upgrades and adjustments. This adjustment will be carried out one after another from December, and all upgrades and adjustments will be completed before December 31, 2022. The announcement shows that from January 1, 2023, the personal Rongyi Continent will be officially renamed "Bank Transfer"; the corporate Rongyi Continent will be officially renamed "Company Transfer". The personal Rongyisheng Agreement will be renamed from the Rongyisheng Service Contract to the "Order Account Management Service Contract". The specific terms of the contract will only be renamed accordingly, and the rest of the content will remain consistent. (1688 platform rules)

Internet news

6. Jia Yueting said that FF91 is only one step away from delivery and will announce the delivery timetable as soon as possible

On November 30, Jia Yueting posted a message on social media this afternoon to respond to FF's appointment of Chinese CEO Chen Xuefeng as the global CEO of Faraday Future. He also said that the shareholders, board of directors and global employees will promote FF to gradually achieve capital value return and announce this plan and the first delivery timetable to shareholders, investors, users and partners as soon as possible. (Jia Yueting’s Weibo)

7. JD.com restarts shared employees to support people's livelihood and ensure supply

On November 30, JD.com's fresh food supermarket Qixian announced today that Qixian Supermarket, as a supply guarantee enterprise, is providing guarantee services for basic livelihood materials to more users through online and offline channels. As consumers' demand for purchasing livelihood goods surges, people's livelihood supply is under pressure, Qixian Supermarket restarts its shared employees to receive support. In addition, in response to the people's livelihood needs during the epidemic in Beijing, JD Qixian stores have taken a number of measures to ensure sufficient online and offline supply. (Qianxian official)

Cross-border newsletter

8. The new overseas platform Miravia will be officially launched in Spain

According to reports on November 30, Alibaba will officially launch a new overseas platform Miravia in Spain. The platform is located in Spain's mid-to-high-end e-commerce market. It is currently online in the iOS version of the app store, and the PC website miravia.es has also been opened to the public. A person close to Alibaba confirmed the above news to Interface News. The other party said that Miravia is a local e-commerce platform launched by Alibaba in Spain and is independently operated, with the platform's products mainly based on Spanish local brands and European brands. Within Alibaba, Miravia, AliExpress and Lazada are three independent businesses. Miravia mainly serves the Spanish market, while Lazada focuses on Southeast Asia, while AliExpress focuses on cross-border e-commerce. (Interface News)

9. Tophatter, the US limited-time auction e-commerce platform, is suspected to be closed

On November 30, some media learned that the US limited-time auction e-commerce platform Tophatter is suspected of going bankrupt. Since early November, the official website and APP of the US e-commerce platform Tophatter have been unable to access for several consecutive days. As of now, Tophatter's official website page is still inaccessible to 404. The update of Tophatter's Facebook account was held on June 28. On Twitter, Tophatter responded to netizens on October 15 that it will be closed indefinitely starting from October 11, 2022. After that, Tophatter did not release new updates. There are also sellers who revealed that Tophatter had issued an announcement to close on October 11. (Tophatter official website)

10. During the Black Friday period, nearly 800 overseas brands sold more than 100% year-on-year

According to news on November 30, JD International's sales data showed that during the Black Friday period, from 8 pm on November 24 to November 27, the transaction volume of nearly 800 overseas brands increased by more than 100% year-on-year, and the transaction volume of nearly 140 cross-border import categories increased by more than 100% year-on-year. During the "Black Friday Shopping Season", JD International's duty-free business transaction volume increased by 185% year-on-year, the official website's same-purchase transaction volume increased by 100% year-on-year, and MYTHERESA transaction volume increased by more than 2 times month-on-month. (China Business Daily)