Evening information:
1. Kuaishou e-commerce cancels the platform’s limited-time reduction and exemption of promotion service fees;
2. Amazon European site: Update the effective tracking rate policy from March 1;
3. Canada Goose launches the second-hand e-commerce platform "Canada Goose Generations";
4. Taobao announced the official launch of the 2023 Ugly World Competition;
5. Worth buying: the controlling shareholder and actual controller Sui Guodong plans to reduce his holdings of the company's shares by no more than 3%...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. JD Hour Shopping: Sales of flower products increased by more than 3 times month-on-month
On February 14, the consumption data of JD Hour Shopping Platform showed that Valentine's Day-related keywords increased significantly before the holiday on the weekend, while searches for product such as "chocolate", "beauty makeup", and "flowers" increased by 35%, 49%, and more than 2 times month-on-month respectively. At the same time, the sales of desktop green plants, daily flowers and immortal flowers exceeded 1.2 times, 65% and 4 times month-on-month. In addition to the hot sales of flowers, sales of chocolate, cakes and other commodities have surged. Among them, chocolate sales increased by 47% month-on-month, brown chocolate was favored and increased by more than twice, and imported chocolate and gift boxes increased by 62% and 49% respectively. The cake gift box increased by more than 6 times, and the fruit gift box increased by 1.6 times. (China Net Finance)
2. Kuaishou e-commerce cancels the platform to reduce promotion service fees for a limited time
According to February 14, in order to improve the platform's service level and create a healthy and good e-commerce business environment, Kuaishou E-commerce has revised the "Quick Distribution Settlement Rules". These rules were revised on February 14, 2023 and come into effect on February 21, 2023. According to reports, commission refers to the promotion fee obtained by promoters to promote the goods or services of merchants on the Kuaishou Quick Distribution Platform. (Kuaishou E-commerce Rules Center)
3. Taobao announced the official launch of the 2023 Ugly World Competition
On February 14th, Taobao announced today that it had officially launched the 2023 Ugly East and West Competition, collecting heart-warming ugly babies from the entire network. After selection, the strongest five Ugly will be on the stage of Taobao Ugly East Award Ceremony on February 22. It is reported that this year is the third year of Taobao Ugly World Competition. The popularity of the previous two competitions has accumulated a group of loyal fans. It is worth mentioning that the Douban Ugly World Protection Association group, which grew up all the way with the first Ugly World Competition, has also soared from less than 100,000 members to 240,000 today, and more and more ugly fans are joining. (China Radio and Television)
4. Tesla's official flagship store is located in JD.com
On February 14, Tesla's official flagship store was officially launched on JD.com today, and all car products were released simultaneously. This cooperation with Tesla is an important layout of JD Auto in the new energy field. In the future, it will give full play to its omni-channel advantages and provide strong support to more partners. It is reported that Tesla's official flagship store covers all the car products, including charging products, preferred accessories, selected clothing and peripheral products, and is committed to meeting the diverse needs of different consumer groups. (JD Blackboard Newspaper)
Internet news
5. US discount retailer Tuesday Morning filed for bankruptcy again
February 14th news: US discount retailer Tuesday Morning filed for bankruptcy protection in court on Monday, the company's second filing for bankruptcy protection since the start of the new crown pandemic. Tuesday Morning filed for bankruptcy in May 2020. During the restructuring period, the company closed about 200 stores, laid off employees and cut debts, and successfully stepped out of bankruptcy protection in January 2021. But the company soon found itself in trouble again, battling inflation and supply chain bottlenecks. It is understood that Tuesday Morning was founded in 1974 and currently has 490 stores across the United States, specializing in household goods and related products. As of June 2021, the company has a total of 1,607 full-time employees and 4,692 part-time employees. (Sina Finance)
6. The dispute over Simba vs. Douyin portrait rights will begin
According to Tianyan Check information on February 14, recently, Xin Youzhi and Beijing Weibo Vision Technology Co., Ltd. have added a new trial announcement for the online infringement liability dispute. The plaintiff is Xin Youzhi, and the case will be held in the Guangzhou Internet Court on March 20. (Tianyan Check)
7. Worth buying: controlling shareholder and actual controller Sui Guodong plans to reduce his holdings of no more than 3% of the company's shares
The announcement shows that the reason for the reduction is to repay the pledged financing liabilities and other personal funds arrangements, and the source of the shares is the shares issued before the initial public offering. In addition, if the company has share changes such as bonus shares, capital reserve fund conversion, share repurchase, etc. During the period of share reduction, the number of shares reduced will be adjusted accordingly. (Worth buying the official one)
Cross-border newsletter
8. Canada Goose launches second-hand e-commerce platform "Canada Goose Generations"
February 14th news, outdoor clothing brand Canada Goose is putting its commitment to sustainable development into practice in a new way. The company recently announced the launch of the brand's second-hand trading e-commerce website "Canada Goose Generations". Consumers can now trade Canadian Goose products online on the Generations.CanadaGoose.com platform. In addition to the old-for-new Canadian Goose jackets and clothing, consumers participating in the event can also purchase a variety of well-known styles, iconic traditional items and limited edition items. The platform is currently only available in the U.S., but the brand plans to expand it to Canada later this year. CANADA GOOSE)
9. Amazon European site: Update the effective tracking rate policy from March 1st
On February 14, Amazon Europe Station issued an announcement stating that the effective tracking rate of Royal Mail stamps and postage is about to change, and starting from March 1, 2023, Amazon will update its effective tracking rate policy. If the seller purchases shipping through Amazon Buy Shipping, self-delivered seller products using the untraceable Royal Mail First-Class and Second-Class Letter Stamps and Postage Shipping will be exempt from the calculation of the effective tracking rate and there is no additional charge. The update allows Amazon to confirm whether sellers use untracked shipping methods and whether the product can be exempted from the calculation of effective tracking rates. (Amazon Seller Forum)
10. Noon acquires fashion shopping platform Namshi for over $300 million
On February 14, media reported that Middle East e-commerce platform Noon has successfully acquired local fashion shopping platform Namshi, and the transaction was reached with a total cash consideration of Dh1.23 billion. Next, Namshi will become part of the Noon digital ecosystem, providing more fashion and lifestyle products to local consumers. Meanwhile, Namshi will still operate as a separate entity and will be able to leverage Noon's extensive logistics and fulfillment network, fleet and e-commerce professional services. At the same time, Noon will be able to contribute to the development of the Middle East e-commerce industry, promote the development of the local digital economy, promote the development of local enterprises and talent training. (albawaba)
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