#Laogao E-commerce Newsletter# [E-commerce Morning News on January 13]

Morning information:

1. JD Logistics has become the official logistics partner of Kuaishou e-commerce;

2. The live broadcast room of Alipay Life Account merchant exceeded 20 million for the first time;

3. Amazon's well-known seller Black Shark lay off 80% of its employees and owed nearly 80 million yuan in compensation;

4. Shopee may close its Polish business and withdraw its entirely from the European market;

5. TikTok for Business launches Valentine's Day marketing topic...

Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. The live broadcast room of Alipay Life Account merchant exceeded 20 million for the first time

On January 12, the Alipay Five Blessings event was launched, and the Alipay Life Channel is also one of the main venues of the event. Affected by the Wufu traffic, the single live broadcast of the job search platform "No. 1 Workplace" Life Account has exceeded 21 million. Its CEO said that the live broadcast attracted 6 million viewers in 40 minutes, with more than 550,000 likes. It is understood that this is the first time that the live broadcast room of Alipay merchant Life Account has exceeded 20 million, and this is just one of the hundreds of live broadcasts of Life Account during the Five Blessings period. The CEO of No. 1 also said that he plans to launch 30 live broadcasts in the next step. (Quick Technology)

2. Some categories of Douyin e-commerce second-hand industry suspend investment, including replacement services, nursing supplies, etc.

Recently, Douyin E-commerce issued an announcement on suspension of investment in some categories in the second-hand industry, saying that investment in categories such as replacement services, nursing supplies, maintenance/maintenance accessories will be suspended.

Douyin E-commerce said that in order to improve user experience and provide merchants with convenient entry experience, the second-hand industry's online products will be upgraded from 00:00:00 on January 11, 2023. During the upgrade period, the following categories will be suspended for investment and the recovery time will be notified separately. Please stay tuned. (Webmaster's Home)

3. JD Logistics becomes the official logistics partner of Kuaishou e-commerce

On January 13, JD Logistics recently officially announced that it will provide uninterrupted delivery services to Kuaishou e-commerce merchants and consumers during the Spring Festival as a special logistics partner for Kuaishou e-commerce "no closing during the Spring Festival". The Kuaishou e-commerce "No Closed for the Spring Festival" packages carried by JD Logistics will be marked with obvious marks on the relevant packages, so as to realize anytime when you arrive, priority transfer, and priority delivery. In order to allow front-line employees who stay on duty during the Spring Festival to celebrate the New Year with ease, JD Logistics will continue to implement the "I celebrate the New Year at JD" to provide welfare subsidies higher than the national statutory standards for employees who stick to the front line and celebrate the New Year in the same place. (JD Logistics)

Internet news

4. Miniso CEO Ye Guofu: Maintain "wolf nature" and strive to seize the global market

On January 12, according to sources, Ye Guofu, chairman of the board of directors and CEO of Miniso Group, said at a recent internal meeting that Miniso refused to lie down, maintain its "wolf nature" and strive to seize the global market. He emphasized that Miniso employees should have a sense of leading wolf, lead a pack of wolves, and should also train the ability to lead a pack of wolves in times of crisis. According to the unaudited financial results of the first quarter of fiscal year 2023 ended September 30, 2022, Miniso's revenue in the first quarter was RMB 2.7724 billion, a year-on-year increase of 4.5%. (36Kr)

5. JD.com ranks second in the top 100 new physical enterprises in Beijing

In terms of entity, the top 100 Beijings total revenue in 2021 was 21 trillion yuan, with an average revenue increase of 24%, with a total assets of 38 trillion yuan, of which the average physical assets accounted for 28%. From a technological perspective, the top 100 Beijing invested 280 billion yuan in R&D in 2021 and added 29,000 new invention patents. It is worth mentioning that recently, 16 units including the Beijing Economic and Technological Development Zone Enterprise Association, China Small and Medium Enterprises Association, JD.com, Xiaomi, etc. jointly initiated the establishment of the Beijing Economic and Technological Development Zone Enterprise Association’s New Physical Enterprise Service Branch, aiming to create a "new physical enterprise home" to better serve industrial digitalization. (JD Blackboard Newspaper)

6. Baiguoyuan sets the Hong Kong IPO stock issuance price at HK$5.6 per share and is estimated to raise approximately HK$366 million.

On January 13, Baiguoyuan Group announced on the Hong Kong Stock Exchange that the company has issued 78.9475 million shares worldwide, of which 7.895 million shares were issued in Hong Kong and 71.0525 million shares in international shares; the offer price has been determined to be HK$5.60 per share, with 500 shares per lot of trading units; Morgan Stanley is the exclusive sponsor; the shares are expected to be listed on the main board of the Stock Exchange on January 16, 2023. Based on the offer price of HK$5.60 per Offer Share, the estimated net proceeds from the global Offer are approximately HK$366.1 million. (Glonhui)

7. Alibaba Health and globally renowned pharmaceutical companies launched the "Buy Medicines without Going Out" activity

The event provides a special online medicine preparation area for patients with chronic diseases directly provided by pharmaceutical companies, provides official subsidies for more than 60 common chronic diseases drugs, and has opened non-closed services during the Spring Festival. Logistics in 100 cities across the country can be reached, allowing patients with chronic diseases to buy their needed medicines with peace of mind without leaving home. During the event, patients with chronic diseases can search for "Chronic diseases and not go out" on the Taobao APP to enter the chronic diseases area. The pharmaceutical companies participating in this joint activity are all well-known pharmaceutical companies in the field of chronic diseases, and to solve the problem of medication use for chronic diseases during the Spring Festival. (Ali Health)

Cross-border information

8. TikTok for Business launches Valentine's Day marketing topic

Recently, TikTok for Business official node marketing energy station launched a Valentine's Day marketing special topic, which comprehensively accelerates Valentine's Day marketing for overseas brands from marketing strategies, product selection insights, expert creativity and brand practical experience. It is understood that in order to celebrate Valentine's Day, many consumers are immersed in the sweet atmosphere of the festival a few weeks in advance. The Valentine's Day topic on TikTok platform #valentinesday has reached 29.9 billion video views as of January 10, 2023. Although Valentine's Day in February, the number of views on the topic #valentinesday2023 has increased rapidly since January, reaching 36.5 million as of January 10, 2023. (Yien.com)

9. Amazon's well-known seller Black Shark lays off 80% of its employees and owes nearly 80 million yuan in compensation

Recently, Amazon's well-known 3C brand Black Shark was exposed to a large number of layoffs in the company, and a number of employees were seeking compensation. It is reported that from August to December, Black Shark's company, Black Shark, laid off nearly 80% of its employees in five batches, and the compensation to be paid ranged from 70 million to 80 million yuan. However, only the first batch of layoffs have received full compensation. (ENECNEWS)

10. Shopee may close Polish business and withdraw from European markets completely

According to reports on January 12, Shopee, a Southeast Asian e-commerce giant under Singapore Winterhai Group, is about to withdraw from Poland and withdraw from the European market in full. Shopee CEO Feng Zhimin said the company will close its Polish business on January 13. Shopee has about 200 employees in Poland, according to people familiar with the matter. It is understood that in March 2022, Shopee completely withdrew from the Indian market; the company withdrew from France and Spain in September, and Poland became its only European market. In addition, in Latin America, the company has withdrawn from Argentina and closed most of its operations in Chile, Colombia and Mexico, but continues to operate cross-border e-commerce services. (Interface News)