#Laogao E-commerce Newsletter# [E-commerce Morning News on December 21]

Morning information:

1. YTO Express International will be renamed to YTO Express International and will take effect on December 28;

2. SF Holdings: Wang Wei continues to serve as chairman and general manager;

3. Kuaishou: A total of 4,388 fraud and induce behavior accounts were disposed of this time;

4. Chan Mother: Xiang Tai Chen Lan’s first Douyin sales exceeded 250 million;

5. Walmart announced that it has exceeded the first threshold for US$3.1 billion in opioid reconciliation...

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E-commerce newsletter

1. YTO Express International is renamed to YTO Express International Express on December 28

On December 21, YTO Express International issued an announcement on the Hong Kong Stock Exchange that the company's English name has been changed from "YTO Express Holdings Limited" to "YTO International Express and Supply Chain Technology Limited" and the company's dual foreign name has been changed from "YTO Express (International) Holdings Co., Ltd." to "YTO International Express Supply Chain Technology Co., Ltd.". The abbreviation of the English shares used to buy and sell shares on the Stock Exchange will be changed from "YTOEXPINTL" to "YTOINTLEXP", and the abbreviation of the Chinese shares will be changed from "YTOEXPINTL" to "YTOINTLEXP", and will be effective from 9:00 a.m. on December 28, 2022. The company's stock code remains unchanged and is "6123". (Yotong International)

2. Kuaishou: This time, a total of 4,388 fraud and induce behavior accounts were disposed of.

Kuaishou checks accounts that have deception and induce violations through technical means and manual review, and imposes penalties on illegal accounts such as account flow restrictions and permanent bans on account accounts based on the violation. This platform dealt with 4,388 such illegal accounts. (Kuaishou Blackboard Newspaper)

3. Cicada Mother: Xiang Tai Chen Lan’s first Douyin sales exceeded 250 million

According to the news on December 20, data from Chanma Mama showed that Xiang Tai Chen Lan started broadcasting 6 times on December 19, with a cumulative sales of 500w to 750w, and a cumulative sales of 250 million yuan. Data shows that Xiang Tai Chen Lan successfully exceeded 100 million views in many live broadcasts on December 19, of which the peak popularity of many live broadcasts exceeded one million, with the highest exceeding 1.2 million. Cicada Mother shows that in the past three months, the average number of likes of the video posted by Xiang Tai Chen Lan exceeded 448,000, and 2 million likes videos were born. It is worth noting that in the December video, Xiang Tai and Chen Lan also revealed his idea of ​​becoming an MCN organization. (Cicada Mother)

4. Zespri kiwi fruits on Benlai Life Network are officially launched for pre-sale

According to December 20, Zespri Italian Gold Fruit on Benlai Life Network was officially launched on pre-sale recently. The first ship arrived at the Golden Fruit at Shanghai Port on December 26, and is expected to be shipped one after another by the end of December, and users can try it as early as early January. It is reported that Benlai Life Network is one of Zespri’s key direct suppliers. The Zespri kiwi fruit launched this season comes from two mature production areas, New Zealand and Italy. Since the direct supply contract was signed in 2015, the two sides have worked closely together to stabilize supply every year. In 2018, Benlai Life Network officially joined the China member of Zespri Club. As of now, it has become Zespri's "key direct supplier" for five consecutive years, and was awarded the "Zespri Million Club" commendation in 2022. (Originally released)

Internet news

5. Meituan helps Tianjin create a tourism publicity week

On December 20, the Tianjin Culture and Tourism Bureau joined hands with Meituan to explore and integrate cultural and tourism resources to jointly create the Tianjin Tourism Propaganda Week. First of all, with Tianjin Culture and Tourism Bureau as the main focus, Meituan and Cha Baidao as the supplement, we jointly create a joint pop-up store and 147 collaborative stores. During the event from December 20 to 26, you can participate in the two creative activities of "Scrape the card and win the gift" and "Collection of Cup Sets and Win the Gift". Secondly, in order to further stimulate the vitality of tourism consumption, Tianjin Culture and Tourism optimized its cross-provincial tourism policy and issued 5 million yuan in hotel and tourism consumption vouchers to tourists across the country through Meituan. (Meituan Cultural Tourism Research Center)

6. Anneng Logistics Zhengzhou Distribution Center realizes pressure-free vehicles

On December 20, Anneng Zhengzhou distribution has recently achieved pressure-free vehicles, and all the goods backlogged in the reservoir area affected by control in the early stage have been processed. According to reports, in the face of the previous high cargo pressure, Anneng Zhengzhou allocated to strengthen the coordinated allocation of transportation capacity, manpower and materials, and urgently configured a large number of pallets and operating equipment to ensure that the operation needs during peak hours were met; increased the diversion control of vehicles entering the park, and flexibly adjusted the pace of cargo entry and exit; strengthened communication and coordination with outlets, guided the staggered handover of goods, and improved site utilization. (How can you today)

7. SF Holdings: Wang Wei continues to serve as chairman and general manager

According to December 20, SF Holdings Co., Ltd. issued an announcement on the resolution of the first meeting of the 6th Board of Directors tonight. The announcement stated that the company's board of directors agreed to elect Wang Wei as chairman of the company's sixth board of directors, with a term of three years, from December 20, 2022 to the expiration of the sixth board of directors. Attachment to the announcement shows that Wang Wei, the founder and actual controller of SF Holdings, is currently the chairman and general manager of SF Holdings. He has served as the chairman and non-executive director of SF Holdings Asset Management Co., Ltd. since February 2021, and has served as the chairman and non-executive director of the board of directors of SF Trust Asset Management Co., Ltd. since October 2021, and has served as the chairman and non-executive director of Kerry Logistics since October 2021. (SF Holdings)

8. Xiaomi Group spent about HK$24.16 million to repurchase 2.3 million shares

On December 20, Xiaomi Group issued an announcement to repurchase 2.3 million shares on December 20, 2022, with a repurchase price of HK$10.46-10.54, and a total cost of approximately HK$24.16 million. Recently, Xiaomi was revealed to have started large-scale layoffs, and the number of people in a single round is estimated to reach 6,000, an area of ​​nearly 20%. In response, some media contacted an insider of Xiaomi on December 19, and the other party responded that "in fact, it is far from such a large scale. The data and false information come from an anonymous rumor on the Maimai platform. The company has collected evidence and started to go through legal procedures." (E-commerce News)

Cross-border information

9. Vietnam's B2B retail e-commerce platform Quqo receives US$1 million in seed financing

On December 21, Vietnam's B2B retail e-commerce platform Quqo recently announced that it had received a seed round of $1 million. Touchstone Partners said in a statement that it will promote Quqo's team building and market expansion through the financing. According to Quqo, the company plans to expand its business scope to other major cities in Vietnam such as Da Nang and Hanoi next year. The company entered the Vietnamese market in 2020 and has cooperated with more than 40 distributors to provide services to more than 5,000 offline stores in Ho Chi Minh City. Quqo pointed out that Quqo's GMV has increased 11 times this year. (E-commerce News)

10. Walmart announced that it has exceeded the first threshold for US$3.1 billion in opioid settlement

On December 21, Walmart announced on December 20 local time that it has exceeded the first threshold required to complete the $3.1 billion national opioid reconciliation framework. The company said it had reached settlement agreements with all 50 states, including the four states that had previously settled with the company, as well as the District of Columbia, Puerto Rico and three other U.S. territories. Walmart said the settlement would take effect if a sufficient number of cities and counties also joined. Walmart said the company had objections to the allegations in the incidents and the settlement did not include acknowledging responsibility. (E-commerce News)