#Laogao E-commerce Newsletter# [February 13 E-commerce Morning News]

Morning information:

1. According to reports, Kuaishou’s GMV in 2022 is expected to exceed 900 billion yuan;

2. Yunda apologized in time for failing to send out the documents and denied that more than 2,000 outlets were closed;

3. Douyin, Kuaishou, Xiaohongshu, etc. have dealt with the "Hu Mouyu incident" to speculate on 1,894 illegal and irregular accounts;

4. New Oriental Online CFO Yin Qiang reduced his holdings of 1 million shares of the company and involved HK$61.59 million;

5. Amazon's subsidiary Zappos lay off more than 300 employees and accounts for about 20% of the total number of employees...

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E-commerce newsletter

1. Douyin, Kuaishou, Xiaohongshu, etc. have dealt with the "Hu Mouyu incident" to hype 1,894 illegal and irregular accounts.

On February 13, the "Jiangxi student Hu Mouyu incident" continued to attract the attention of netizens, and related rumors on the Internet continued to ferment, seriously misleading the public's judgment and causing bad social impact. In response, the Internet Information Department urged the website platform to conscientiously fulfill its main responsibility for information content management and crack down on online use of the opportunity to spread rumors and malicious marketing and hype. Key websites and platforms such as Douyin, Tencent, Weibo, Kuaishou, Baidu, Bilibili, and Xiaohongshu have carried out in-depth investigations and rectifications, and have dealt with a total of 1,894 illegal and irregular accounts. (Beijing Youth Daily)

2. Make a friend, the live broadcast room of wine and food, the sales of the whole venue exceeded 1.3 million on February 11.

On February 12, a friend released the live broadcast room report of the wine and food on February 11, with sales exceeding 1.3 million+, orders in the whole audience of 1391, and a total of 237,000+ viewers. (Make a friend live broadcast room)

3. News says that multiple tea drink brands have been invited to participate in the internal test of Douyin takeout

According to reports on February 12, it is reported that by the end of 2022, the person in charge of Douyin KA began to invite tea beverage chain brands as the first batch of takeout internal testing brands. At present, many tea beverage chain brands in the industry have received invitations to internal testing. "We have submitted all the information. When will the test start, and whether to conduct the test in the region or nationwide, we have not received clear information yet." A tea beverage brand manager revealed. (Camen)

4. Kuaishou's first live broadcast event on "Global Development Country Day" has received 1.119 million views

On February 12, the Global Development Promotion Center of the National International Development Cooperation Agency recently joined hands with Kuaishou to visit the Cuban Embassy in China and launched a series of live broadcast activities on the "Global Development Country Day". Tang Wenhong, deputy director of the National Federation of United Administration, attended the meeting and had a cordial conversation with Cuba Ambassador to China Pereira. Liu Junfeng, Director of the Second Regional Department of the National Federation of United Administration, and Tang Ying, Director of the Center for Global Development Promotion, attended the meeting. The event @大官网官网 and other four Kuaishou accounts were broadcast simultaneously, and they received a total of 1.119 million views and 319,000 likes. (Financial Circle)

5. News says Kuaishou’s GMV is expected to exceed 900 billion yuan in 2022

According to the exclusive report of Huxiu, people close to Kuaishou revealed that the GMV data of Kuaishou in the fourth quarter of 2022 was about 300 billion yuan. According to the previous three quarterly financial reports, Kuaishou's GMV is expected to exceed 900 billion yuan in the whole year of 2022. The above-mentioned person also said, "Live e-commerce is growing rapidly. Kuaishou's e-commerce GMV target in 2023 exceeds one trillion yuan, rising to 1.2 trillion yuan." The report stated that Kuaishou's overall revenue range is between 25 billion and 28 billion yuan in 2022Q4; Kuaishou's DAU is about 360 million yuan in 2022Q4, and its daily active users and Douyin have remained at around 1:2 for a long time. As of press time, Kuaishou has not responded to these data. (Tiger Sniff)

Internet news

6. New Oriental Online CFO Yin Qiang reduced his holdings of 1 million shares of the company and involved HK$61.59 million

According to the Hong Kong Stock Exchange's equity disclosure information, Yin Qiang, executive director and CFO of New Oriental Online, recently reduced his holdings of 1 million shares of the company, involving HK$61.59 million. After the reduction of holdings, Yin Qiang's latest holdings were 4.1 million shares, and the shareholding ratio dropped to 0.4%. (Sina Hong Kong Stocks)

7. Yunda apologized for not sending documents in time and denied that more than 2,000 outlets were closed

On February 13, Yunda recently issued a clarification announcement on recent online rumors, saying that as of now, most of the express parcels backlogged by these outlets have been cleaned up in time and will be cleaned up in the near future. Here, Yunda sincerely apologizes to customers who failed to receive the express delivery in time. It is rumored that more than 2,000 outlets have been closed online as false content. According to the latest statistics, Yunda's first-level outlets have increased by more than 100 new compared with the same period last year, and more than 10,000 new additions to the end of Lanpai. Yunda's online express service has been continuously extended from full coverage of county-level to townships and regions. (Pengpai News)

8. Alibaba sells all shares of Paytm in India's "Alipay"

According to reports on February 12, according to reports, data from the Mumbai Stock Exchange in India showed that Alibaba Group Singapore e-commerce company sold all the remaining shares of Indian digital payment company Paytm through bulk transactions on February 10 for a price of 1,378 crore. (Interface News)

9. Zhang Chaoyang talks with Zhou Hongyi about ChatGPT: Technological progress must have a global perspective

On February 11, Sohu founder and CEO Zhang Chaoyang recently started the live broadcast of "Dialogue under the Starry Sky" again, inviting Zhou Hongyi, founder of 360 Group, to share his entrepreneurial experience and thoughts on entrepreneurship, and explore "long-termism" and "technical ethics" in the context of the era of technological development. They also paid attention to ChatGPT, which has become popular recently, and looked at it from a cutting-edge perspective. Zhou Hongyi suggested that domestic Internet companies should have a global perspective and return to the spirit of openness and transparency. Data segmentation may lead to lag behind in the artificial intelligence revolution. Zhang Chaoyang agreed. (China.com Technology)

Cross-border newsletter

10. Amazon's subsidiary Zappos lay off more than 300 employees and accounts for about 20% of the total number of employees

According to reports on February 13, it is reported that in January this year, Amazon's subsidiary Zappos laid off more than 300 employees, accounting for about 20% of its total employees. The layoffs are called part of Amazon's broader layoffs, including customer service representatives of the online footwear and apparel retailer that Amazon acquired in 2009. Amazon launched its largest round of layoffs in history in mid-January, which is expected to affect 18,000 employees worldwide. (36Kr)