#Laogao E-commerce Newsletter#[E-commerce Evening News on December 16]

Evening information:

1. According to reports, Han Shangyou, vice president of Douyin Group's organizational structure, was appointed as the head of Douyin;

2. The 2022 November list of Kuaishou e-commerce service providers was announced;

3. New TEMU regulations: If the weight or volume of the goods filled in by the seller is too different from the actual difference between the actual amount and the price;

4. Yu Minhong: When running a business, you must have a sense of mission and lofty;

5. JD APP and Langfang Municipal Bureau of Commerce issued 10 million yuan in consumption coupons...

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E-commerce newsletter

1. News said that Han Shangyoucheng, vice president of Douyin Group, adjusted its organizational structure.

According to reports on December 16, it was reported that recently, Douyin Group's organizational structure has been adjusted. According to people familiar with the matter, Douyin Vice President Han Shangyou became the head of the Douyin department, coordinating the management of Douyin, China's live broadcast and life service business lines. The heads of various business segments of Douyin have also reported to Han Shangyou, including Wu Xiaodan, the head of basic products and user growth, Zhi Ying, the head of content products and Xigua Video, Lu You, the head of social networking, and Zhang Yong, the head of business security, etc.; Han Shangyou continues to report to Zhang Nan, the CEO of Douyin Group. (36Kr)

2. Kuaishou e-commerce service providers' 2022 November list announced

On the comprehensive list, the overall GMV of its merchants under Kuaifen (Jiangsu) Technology Co., Ltd. maintained a high growth rate in November 2022, and added and incubated many new high-level merchants for the first time. The multi-dimensional data review system developed by itself has covered and helped small and medium-sized merchants achieve the transition and breakthrough of GMV. The 100-person operating team continues to empower merchants to grow through refined operations and continues to create new growth. By flexibly using the platform’s Lengqi Incubation methodology and combining the incubation experience of hundreds of Lengqi merchants accumulated before, it not only helps merchants accumulate fans, but also helps merchants continue to grow GMV on the Kuaishou platform. (Kuaishou E-commerce)

3. JD APP and Langfang Municipal Bureau of Commerce issued 10 million yuan in consumption coupons

Local consumers can verify the physical products specified in JD APP, and at the same time, there are discounts on the JD platform. It is reported that the "Langfang Special Consumption Coupon" will be distributed to local consumers in Langfang from 10:00 on December 15, 2022. The real-time geographical location of consumers when collecting consumption coupons must be Langfang City. This consumption coupon is JD.com payment coupon, including 40 yuan off for one purchase of 200 yuan, 1 purchase of 1 purchase of 1,000 yuan off for one purchase of 1,000 yuan off for one purchase of 2,000 yuan off for one purchase of 2000 yuan, and 400 yuan off for one purchase of 4,000 yuan off for one purchase of 4000 yuan. Local consumers in Langfang receive consumption coupons in the event area of ​​the JD APP and complete consumption use on the JD APP. (Xiaoxiang Morning News)

4. JD Health: Limited supply of antigen detection reagents every day from now on

On December 16th, starting from now on, JD Health will supply limited antigen detection reagents in stock every day. The purchase restriction is activated through reservations in three time periods: 10, 12, and 20:00. Users search for "Scientific Epidemic Prevention" through JD APP, and after entering the special page, they can select the required products to purchase and make an appointment to meet the daily protection self-test needs of families. At present, JD Health is working with brands such as Kanghua Bio, Nanjing Shenji, Jiuan Medical, Rejing Bio, and Yahuilong to fully ensure the stable and continuous supply of antigen detection reagents by jointly building a dedicated product line. (Tencent News)

Internet news

5. Yu Minhong: You must have a sense of mission and lofty when running a business.

On December 16, the Business Certification 2022 New Growth Conference held by the Chinese version of "Haval Business Review" was officially held in Beijing. At this conference, Yu Minhong, founder of New Oriental Group, appeared and delivered a speech. Yu Minhong said frankly that he believes that the so-called successes so far, including the success of New Oriental and Dongfeng selection, are more or less accidental. For example, the founder's personalities are different, and the environment faced by a company is also different, so the response strategies will be different. This is the so-called slight difference, and a thousand miles of mistakes are lost. People who run businesses must face the hugely different internal and external worlds, so they must take the initiative, find certainty in the development of the enterprise in uncertainty, and finally strive to promote the development of the enterprise. Yu Minhong also said that running a business must have a sense of mission and lofty. This is the basic condition. It is particularly important to benefit others and society while making money. (Mobile China)

6. Sun Lijun, Chairman of Alibaba Foundation: There is great potential for rural revitalization

On December 16, the 2022 Charity Ceremony of the Actioners Alliance, hosted by Phoenix.com and hosted by Phoenix.com, was held online a few days ago. At the afternoon summit forum, Sun Lijun, chairman of Alibaba Foundation, served as the sharing guest of the roundtable forum "Public Welfare Opportunities and Challenges of Rural Revitalization", and shared Alibaba's experience in participating in rural revitalization and his thoughts. "There is great potential for rural revitalization, and Alibaba people must have something to do in it." "Through infrastructure construction, industrial upgrading, and talent training, Alibaba's rural revitalization work has achieved better and more sustainable development." (Phoenix.com Public Welfare)

Cross-border newsletter

7. The eBay Fulfillment US warehouse officially launched

On December 16, eBay recently announced that it has officially launched the eBay fulfillment by Orange Connex service in the US market. This is the fourth market to launch the service after eBay’s launch of eBay fulfillment in Germany, the UK and Australia. eBay fulfillment has been laid out across the United States, setting up warehouse distribution centers of tens of thousands of square meters in New Jersey in the east, California in the west, and Texas in the south, and multi-warehouse services are launched at the same time. Sellers in Greater China only need to send the goods to the warehouse distribution center designated by the eBay fulfillment plan. eBay fulfillment will be responsible for the storage, packaging and shipping of items, helping sellers save manpower, material resources and financial costs. (eBay)

8. New TEMU regulations: If the weight or volume of the product filled in by the seller is too different from the actual difference between the actual product, the liquidated damages will be paid.

According to a news report on December 16, according to the seller of Pinduoduo TEMU, starting from December 12, if the weight or volume of the product (length, width, height of a single product) filled in on the TEMU platform exceeds a certain value, the seller will pay a liquidated damages to the platform. This means that when the seller reports product information to the platform, he needs to measure the weight and volume of the product amount. If the value is too different from the actual value, a fine will be generated. The more deviation, the greater the fine. Currently in the merchant’s backend, when publishing the product, you will remind you: the volume and weight of the product after packaging seriously affect pricing and sales. Please measure strictly and fill in truthfully. Fill incorrectly, and violations will be handled in violation of regulations. Some sellers pointed out that for sellers with more SKUs, the new regulations will bring new workloads to their actual operations, but for the platform, it will significantly reduce workload and labor costs and improve overall efficiency. (Hugo cross-border)

9. Lazada adjusts Thailand's standard transportation plan and international freight for Singapore and Vietnam

According to December 16, Lazada recently adjusted the standard transportation plan in Thailand and the international sections of Singapore and Vietnam. Among them, in the Thai site, from December 22, the Lazada Thai site will split the standard transportation Standard Delivery in the cross-border direct mail transportation model into air and land transportation. Among them, the air freight time will be shortened to 3-7 days, which will help the store improve order conversion and improve the buyer's timeliness experience. The seller's store products will have two transportation modes at the same time, without any settings in the background. This transportation mode is chosen by the consumer when placing an order. If the product is air-limited goods, only the land transportation option is displayed to the consumer. (Cross-border Southeast Asia)

10. Wish will mainly promote life and home products and will continue to promote category operation strategies in the future

According to December 16, the 2022 Wish Global Annual Seller Summit was held online a few days ago. The theme of this year's summit is "Dare to be new and dare to come". Many Wish management teams share the platform changes and future plans over the past year, and invite many industry experts and representatives to discuss the development of Wish platform in 2022 from multiple perspectives such as market, supply and demand, and ecological chain. (Wish Merchant Platform)