#Laogao E-commerce Newsletter# [E-commerce Morning News on December 23]

Morning information:

1. Ma Huateng: Video accounts are basically the hope of the whole company;

2. Gome Retail: On December 22, it received a Hong Kong-free and unsecured loan of 150 million Hong Kong dollars from Huang Guangyu;

3. Amazon Japan launches the "Amazon Hub" delivery plan;

4. Kuaishou E-commerce launched special governance of epidemic prevention materials and removed more than 2,000 problematic products in one week;

5. Lei Jun’s internal letter: Xiaomi President Wang Xiang retires at the end of the month, and Lu Weibing takes over...

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E-commerce newsletter

1. ByteDance launches an independent self-operated decoration app to "stay well"

On December 23, ByteDance's self-operated decoration business "Zhu Haojia", recently launched an independent APP, which means ByteDance has independent of the decoration business from the "Zhu Xiaobang" APP, forming a new business for extraterritorial development. According to product experience, Zhuhaojia APP is the overall home decoration business of Zhuxiaopang, and its main businesses include whole-house design, standardized construction and after-sales guarantee services. The standardized construction services for Zhong Haojia mainly include 8 major processes, 50+ sub-processes, 80+ acceptance projects, 6 construction node acceptances, and irregular inspections. (Tech Planet)

2. The 2023 "Jingxin Sends Love Home" Spring Festival Charity Action officially launched

On December 22, the launch ceremony of the 2023 JD Logistics "Jingxin Sends Love Home" Spring Festival Charity Action was successfully held in Guangzhou City, Guangdong Province. Since the successful launch of the charity action in 2017, it has been 5 years since it was successfully held. It is understood that in this charity event, JD Logistics will carry out five major actions: public welfare delivery, tribute protection, walking with love, reunion in Guangzhou, and love train. As the Spring Festival is approaching, we will pay attention to the "city guardians" and builders returning home in Guangdong to meet the needs of people of different industries and ages. JD Logistics will work with companies such as Xu Fuji, Guangdong Swire Coca-Cola, Jingzao, Huixun, and Wangwang Water God to provide free more than 100,000 pieces of caring materials and 20,000 love gift packages, covering food, beverages, books and stationery, toys, protective supplies, etc. At the same time, JD Logistics has also joined hands with Zhen Kung Fu to provide free hot water, love gift packages, etc. for the labor force. JD Logistics will open 50,000 public welfare delivery quotas to medical and nursing staff in Guangzhou. (JD Logistics)

3. Kuaishou e-commerce launches special governance of epidemic prevention materials and removes more than 2,000 problematic products in one week

On December 29, Kuaishou E-commerce issued the "Supplementary Note on the Treatment of Food Related Imitation of "Epidemic Prevention Drugs"" again on December 19, and as early as December 12, Kuaishou E-commerce issued the "Special Governance Announcement on "Lotus Clear Warm Tea" and Related High-Risk Products". In response to the current more difficult counterfeiting behavior and timely governance of merchants, Kuaishou has removed more than 2,000 problematic products in one week and has restricted nearly 20,000 short videos of edge balls. In addition, the relevant person in charge also expressed that consumers are welcome to achieve platform co-governance through the reporting system in a timely manner. (Chain chopping net)

4. Ma Huateng: Video accounts are basically the hope of the whole company

According to December 23, Tencent recently held an internal employee meeting online. Ma Huateng said at the meeting that WXG's most eye-catching business is video accounts, which is basically the hope of the whole audience (the whole company). Short videos have had a huge impact on the entire Internet in the past three years, and all platforms and companies have to pay attention to this. It will erode the time of many long videos, games and other products, which is an objective development law. "This also forces our other businesses to adjust," said Ma Huateng, for example, adjusting the long video strategy and cutting off non-quality content. (Interface News)

Internet news



5. Kingsoft Cloud expects to be listed on the main board of the Hong Kong Stock Exchange on December 30. Lei Jun is the chairman of the board of directors.

On December 23, Kingsoft Cloud announced on the Hong Kong Stock Exchange that it has applied for a dual major listing of shares on the main board of the Hong Kong Stock Exchange in accordance with Article 8.05 of the Hong Kong Listing Rules. The shares are listed on the Main Board of the Hong Kong Stock Exchange in the form of an introduction only, and no shares are issued or sold for listing. The shares will be traded in the Hong Kong Stock Exchange so that each lot of 2,000 shares will be traded for trading units. Trading of the shares on the Hong Kong Stock Exchange will be held in Hong Kong dollars. It is worth mentioning that the Kingsoft Cloud Investor Relations website shows that Lei Jun has served as the chairman of the Kingsoft Cloud's board of directors since April 2015 and is currently the chairman, CEO and executive director of Xiaomi. (Sina Technology)

6. Most popular Chinese stocks fell on Thursday. Tuniu fell by more than 9%.

According to news on December 23, most popular Chinese stocks fell on Thursday, with the Nasdaq Golden Dragon Index falling 1.05%. Renren Company fell by more than 18%, Tuniu fell by more than 9%, Daily Youxian fell by more than 7%, Mogujie, Dajian Cloud Warehouse, and Yixian E-commerce fell by more than 6%, Zhihu fell by more than 5%, 1 Yao.com fell by more than 4%, Lanting Jishi and Monster Charging fell by more than 3%, Dingdong Maicai fell by more than 2%, Huya Group, Vipshop, and Huya fell by more than 1%. In addition, Shuidi Company rose more than 11%, Onion Group rose more than 9%, Best Group rose more than 5%, Dada Group and Xinyang rose more than 2%, and Bilibili rose more than 1%. (Global Market Report)

7. Lei Jun’s internal letter: Xiaomi President Wang Xiang retires at the end of the month, and Lu Weibing takes over

On December 22, Lei Jun issued an internal letter from all employees, saying that the current Xiaomi President Wang Xiang will officially step down as the president of the group on December 30, 2022, and will continue to serve the company as a senior consultant. Lei Jun said that after careful discussion and consultation by the company's partners committee, it was decided to promote Lu Weibing to the new group president and will be officially succeeded on December 30. In addition, co-founders Hong Feng and Wang Chuan will also withdraw from the front line of the business by the end of this year and continue to support and promote the company's strategic development in the Partnership Committee as co-founders. (Sina Technology)

8. Gome Retail: Obtained a HK$150 million interest-free unsecured loan for Huang Guangyu on December 22

On December 22, Gome Retail issued an announcement stating that on December 22, 2022, the company entered into a loan agreement with Shinning Crown Holdings Inc., according to which Shinning Crown agreed to provide the company with a loan of HK$150 million. The loan is interest-free and unsecured, with an initial term of six months and may be extended in writing by the parties before the expiration of the contract. The proceeds from the loan will be used by the Group as general working capital. (Gome Retail)

Cross-border information

9. Amazon Japan launches “Amazon Hub” delivery plan

According to reports on December 22, it is reported that Amazon Japan recently announced a new delivery plan called "Amazon Hub Delivery Partner Program". Under the program, Amazon will work with small businesses such as grocery stores, taverns and newsstands to deliver customers’ goods. Amazon will provide corresponding compensation based on the number of packages they deliver. Amazon will ship all the products to partners' offices, sales offices, stores and other places at a fixed time of day. (Yien.com)

10. Amazon will add four new Boeing 767-300F cargo planes to launch its first route to South America

According to people familiar with the matter, Amazon will deploy four Boeing 767-300F cargo planes on the Miami-Latin America route. This is the first cargo route from the e-commerce giant to South America. Amazon hopes to use this to target the South American market. The four Boeing 767-300F cargo planes will be operated by International Air Transport Corporation and are expected to start flying from January 21, from Miami to Bogota, Lima and Quito. Amazon has contacted several air cargo companies in Latin America to buy or rent some venues and space, people familiar with the matter said. Amazon is taking its first step into South America. (AMZ123)