#Laogao E-commerce Newsletter# [E-commerce Evening News on January 3]

Evening information:

1. Video accounts start to charge technical service fees to merchants;

2. Douyin Group and the Macau Economic and Science Bureau jointly organized the "Tiktok e-commerce Global Product Purchase and Selection Instructions";

3. The 1688 platform adjusts the relevant rules for online transactions during the 2023 Spring Festival;

4. Yonghui Supermarket has repurchased 85.6047 million shares to spend 263 million yuan;

5. i Moutai will hold a special broadcast of Humao farewell on January 4...

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E-commerce newsletter

1. The 1688 platform adjusts the relevant rules for online trading during the 2023 Spring Festival

The announcement stated that considering the special influencing factors such as holidays and logistics during the Spring Festival, in order to protect buyers' shopping experience and the 1688 market transaction order, the 1688 platform has adjusted the relevant rules for online transactions during the 2023 Spring Festival. If the goods are not shipped as required, the "Viodic handling - points deduction handling for seller behavior issues" in the "Transaction Dispute Handling Rules". At the same time, the orders generated during this period will not be included in the merchant’s new lighthouse logistics experience assessment and the assessment and calculation of the 24-hour/48-hour shipping service target. This rule does not include the venues that are open during the Spring Festival. (1688 platform rules)

2. Douyin Group and Macau Economic and Science Bureau jointly organized the "Tiktok e-commerce global product selection briefing"

1月3日消息，抖音电商全球购选品说明会澳门专场”于12月27日假渔人码头会议展览中心举行。会上，抖音电商全球购代表向本澳企业介绍了抖音电商全球购的最新招商政策，并与澳门企业交流洽谈。据悉，这次选品会为本澳企业开拓跨境电商市场迎来新机遇，支持企业突破业务发展界限，以供货商的身份向抖音抖音电商全球购供货，通过电商平台及直播带货新渠道，将本澳优质产品往内地销售，利用抖音用户流量池的优势，协助澳门企业及产品进一步开拓内地市场。（澳門直播協會）

3. Ele.me launches New Year’s Eve Festival for time-honored brands start pre-sale of New Year’s Eve dinner packages

On January 3, Ele.me New Year’s Festival officially started today. A number of time-honored brands such as Diaoyutai Food, Dadong, and Shanghai Old Hotel simultaneously launched pre-sale of New Year’s Eve dinner packages on Ele.me. According to reports, this is the first time that time that time-honored brands such as Diaoyutai Food and Dadong have launched New Year’s dishes online in Ele.me. Consumers search for "New Year's Vegetarian Inheritor" in the APP to purchase the black truffle gift box launched by Diaoyutai Food, Dadong's piece of duck gift box, abalone, petal duck, Buddha Jumping the Wall and other mid-to-high-end New Year's Vegetarian gift boxes. (China.com Technology)

4. i Moutai will hold a special broadcast of Tigermao farewell on January 4

On January 3, the reporter learned from the official official account of "i Moutai" that i Moutai is about to start a special farewell session for Kweichow Moutai in the Year of the Tiger, with a total of 29,999 bottles of 500ml of Tiger Mai being sold. The Year of the Rabbit zodiac Kweichow Moutai will also be launched on i Moutai. Up to now, i Moutai has launched more than 3.5 million bottles of Tigermao products. (Xiaomaoi Maotai)

5. Video accounts start to charge technical service fees for merchants

According to January 3, the video account has issued an announcement to merchants that it will charge technical service fees from merchants starting from January 1, 2023. According to the product category data, the rate standard is between 1% and 5%. Among them, merchants who sign for the first time after December 3, 2022 can enjoy the special preferential policy of "reducing the technical service fee rate to 1% within 30 days from the date of the signing and opening of the store." (Science and Technology Innovation Board Daily)

Internet news

6. Heytea New Year's All-Securities Letter: The next step will be to target the mass market

According to January 3, on the first working day of the new year, Heytea executive team issued a letter to all employees. The letter reviews the important events and nodes of Heytea in products, brands, digitalization and other aspects since its entrepreneurship in 2012, and its impact on the industry in the past decade. "The core of Heytea brand is to inspire joy from life," Heytea executive team said in the letter that the next big thing Heytea needs to accomplish is to "bring real-quality tea drinks and brands that inspire joy to more general users." "Heytea should go to all places where it needs it." (China News Service)

7. The copyright of Douyin chat software has been approved

According to media reports, Douyin recently launched a desktop chat software on its official website, called "Douyin Chat", providing Windows and Mac clients. Tianyancha App shows that the copyright of "Tik Tok Chat Desktop Software" has been registered and approved on October 28, 2022. The copyright owner is Beijing Weibo Vision Technology Co., Ltd., with the version number V1.0. (Tianyan Check)

8. Alibaba Cloud supports the official launch of the new generation of China Insurance's auto insurance system

According to January 3, the new generation of China Property Insurance's core support auto insurance system was officially launched recently. According to reports, China Insurance's new auto insurance system is built on a new generation of distributed core systems. The new core system is based on Alibaba Cloud's native architecture and adopts a full set of proprietary cloud platforms, data middle platforms, business middle platforms and financial technology products independently developed. The entire solution includes a series of product technologies and services such as the "Fei Tian" cloud computing operating system, the distributed middleware system SOFAStack, the distributed database platform OceanBase, and the mPaaS mobile development platform, which enables China Property Insurance's large-scale complex business to operate efficiently and smoothly. (Ali Cloud)

9. Yonghui Supermarket has repurchased 85.6047 million shares to spend 263 million yuan

On January 3, Yonghui Supermarket issued an announcement stating that as of December 31, the company has repurchased 85.6047 million shares of the company through a special securities repurchase account through a centralized bidding transaction, accounting for 0.94% of the company's total share capital. The highest transaction price is 3.39 yuan/share, the lowest transaction price is 2.86 yuan/share, and the total amount paid is 263 million yuan. (Official Yonghui Supermarket)

Cross-border newsletter

10. Amazon India announces its 2023 goal: to increase the total number of Prime members!

According to foreign media reports, Amazon India recently said that its goal in 2023 is to increase the total number of Prime members. The e-commerce giant believes that expanding the Prime membership is one of the key factors in achieving long-term growth in India. In the view of Manish Tiwary, country manager of Amazon’s Indian consumer business, three important indicators of Amazon’s long-term growth are more customers, more Prime subscribers and more sellers. According to reports, as of now, Amazon India has more than 1.1 million sellers. (ENECNEWS)