#Laogao E-commerce Newsletter# [February 3 E-commerce Morning News]

Morning information:

1. Amazon's net sales in the fourth quarter of 2022 were US$149.2 billion;

2. Yaowang Technology: Plan to focus on virtual live broadcast and other businesses in 2023;

3. ByteDance’s “Wukong Q&A” APP may be launched again at the right time;

4. Lei Jun: Xiaomi Group has zero tolerance for leaks;

5. 1919 Direct Liquor Supply announced the 2023 New Year Festival data: Liquor sales increased by 36.01% year-on-year...

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

E-commerce newsletter

1. Yaowang Technology: Plan to focus on virtual live broadcast and other businesses in 2023

On February 2, Yaowang Technology responded to questions of concern to investors on the investor relations platform on February 1. Yaowang Technology said: The company plans to focus on virtual live broadcasts and other businesses in 2023, and plans to use the company's past technical advantages to achieve high-efficiency and low-cost AIGC content generation, so that the live broadcast time will be longer and further expand the competitive advantages of the supply chain with a long-tail effect. (Easy to interact)

2. 1919 direct supply of wine announced data on the 2023 New Year’s Festival: Liquor sales increased by 36.01% year-on-year

On February 3, the domestic professional liquor e-commerce platform 1919 direct liquor supply disclosed the liquor consumption data during the 2023 New Year’s Festival. During the 2023 New Year’s Festival, the sales of liquor on the 1919 platform increased by 36.01% year-on-year. Among them, Chengdu, Chongqing and Hangzhou rank among the top three in sales, followed by Xi'an, Lanzhou, Changchun, Harbin, Shanghai, Liaocheng and Mudanjiang.

In terms of consumer age group, 10.69% of people aged 0-20 accounted for 54.21; 33.73% of people aged 40-60 accounted for 1.37% of people aged 60 and over. In terms of gender, women account for 23.59% and men account for 76.41%.

According to the 1919 platform data, high-end brand liquors such as Moutai, Wuliangye (212.510, 2.45, 1.17%), and Guojiao 1573 are still popular among consumers. (Insider reference of the wine industry)

3. JD Supermarket Data: Lantern Trading Volume increased by 4 times month-on-month

According to JD.com data, the recent lantern transaction volume has increased by 4 times month-on-month, and handmade DIY zodiac rabbit lanterns have become the most popular category. Among them, Ounizi DIY rabbit year lights, Xinyue DIY portable luminous rabbit lanterns, and Xinxin Jingyi DIY portable lanterns have become the top 3 hot-selling items of JD Lantern Festival lanterns. (Qianlong.com)

Internet news

4. ByteDance's "Wukong Q&A" APP may be launched again at the right time

According to February 2, Tech Planet exclusively learned that the "Wukong Q&A" APP, which was closed two years ago, will be launched again at the right time and will enable a brand new product LOGO, mainly red and white in today's Toutiao style, and is accompanied by the word "Wukong". This product was rebuilt by the Toutiao team since the second half of 2022, and is one of the links of Toutiao's "Wukong" series of products under Toutiao. As of press time, Byte has not responded to this message. It is reported that unlike the previously shutdown products, the resurrected Wukong Q&A APP will allow users to intuitively discover the answers through minimalist design and more focused search-based functional design. (Tech Planet)

5. ByteDance: Xiaohe Health APP is still in operation, and the team has not been incorporated into Douyin

According to February 2, some media recently reported that ByteDance's Xiaohe Health APP will be suspended. In response, ByteDance responded that the Xiaohe APP has not been shut down and is still in operation. Xiaohe’s team was not incorporated into Douyin and was responsible for the ecological operation of Douyin’s medical vertical category. Previous reports mentioned that the Xiaohe Health APP will be closed soon, and the related functions will be undertaken by the Xiaohe Health Douyin mini program. The business of the Aurora department behind the Xiaohe Health brand will be integrated into Douyin as a whole. Wu Haifeng, the head of the Aurora, still reported to Liang Rubo. At present, some of the personnel in charge of running Xiaohe Health APP have left their jobs, and the Xiaohe Medical Classic team is retained. (Interface News)

6. Lei Jun: Xiaomi Group has zero tolerance for leaks

Xiaomi Group has dealt with the partners involved in the matter seriously in accordance with the "Disclosure Agreement", and the punishment results are now announced as follows: 1 million yuan in economic compensation is imposed in accordance with the "Disclosure Agreement"; it is instructed to strengthen information security management for downstream suppliers and deal with the persons who leak the secrets seriously; it is instructed to formulate detailed rectification plans and comprehensively upgrade confidentiality measures. Lei Jun then forwarded the article and stated that Xiaomi Group has zero tolerance for leaks. I hope all supplier partners will strictly implement the "Disclosure Agreement". (Lei Jun Weibo)

7. SF Express City: It is estimated that 78.9477 million unlisted shares in China will be converted into H shares on February 6

On February 2, SF Express issued an announcement on the Hong Kong Stock Exchange, announcing that according to the current schedule, the company's 78.9477 million domestic unlisted shares are expected to be converted into H shares on February 6, 2023, and the conversion of H shares will begin to be listed on the Stock Exchange starting from 9:00 am on February 7, 2023. The company will make further announcements at due time. (SF Express same city)

Cross-border newsletter

8. Amazon's AWS division revenue in 2022 USD 22.8 billion

According to February 3, Amazon announced its fourth quarter and full-year financial results today ended December 31, 2022. International sector sales fell 8% year-on-year to US$118 billion, and increased by 4% after deducting exchange rate changes. AWS division sales rose 29% year-on-year to $80.1 billion. Operating income fell from US$24.9 billion in 2021 to US$12.2 billion in 2022. The North American business lost $2.8 billion, compared with $7.3 billion in operating income in 2021. (Amazon)

9. Amazon plans to permanently close a distribution center in Twin Cities in the United States

According to reports on February 2, Amazon plans to permanently close a distribution center in Twin Cities and fire nearly 700 employees at the end of March this year. According to a letter from the Minnesota Department of Employment and Economic Development this week, employees who accept internal job transfer opportunities will not lose their jobs. An Amazon spokesperson said that every employee working at the distribution center has the opportunity to relocate to 10 other Amazon sites in the Twin Cities. He said the closure of the distribution center was to optimize Amazon's logistics network in the region, not simply to reduce the number of employees. (Yien.com)

10. Amazon's net sales in the fourth quarter of 2022 were US$149.2 billion

On February 2, Amazon released the company's fourth quarter results report for fiscal year 2022 today. The report shows that Amazon's net sales in the fourth quarter were US$149.204 billion, a 9% increase from US$137.412 billion in the same period last year, and the impact of excluding exchange rate changes was 12% year-on-year; net profit was US$278 million, a 98% decrease from US$14.323 billion in the same period last year; diluted earnings per share was US$0.03, compared with US$1.39 in the same period last year. (Amazon)