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#Laogao E-commerce Newsletter# [February 27 E-commerce Evening News]

2023-02-27

Evening information:


1. JD.com will disclose the updated ratings and target prices of major banks in last year's performance next Thursday;

2. Public announcement of special governance of Xiaohongshu’s medical and health content: a total of 1,831 medical violation accounts were dealt with;

3. Tmall’s “large shipping insurance” scope and protection upgrades;

4. Shopify's "Buy Again" button is online;

5. Gome Electrical Appliances was enforced for another 30.2 million yuan, and the cumulative execution of more than 460 million yuan...




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E-commerce newsletter


1. Popular e-commerce won the "Most Influential E-commerce Live Broadcasting Agency" in 2023CiE Beauty Innovation Exhibition


On February 27, the 2023CiE Beauty Innovation Exhibition opened at the Hangzhou International Expo Center recently. Popular e-commerce, as the industry's leading ecological service provider, was invited to participate in the exhibition. It was also very popular at night. At the 2023CiE Beauty Awards and high-end closed-door social dinner, gathered with nearly 800 outstanding corporate representatives in the entire beauty industry chain to talk about the future of beauty. (Popularity Star Selection)


2. Public announcement of special governance of Xiaohongshu medical and health content: a total of 1,831 medical violation accounts were dealt with


On February 27, Xiaohongshu recently released the "Special Governance of Medical and Health Content". The announcement stated that in order to maintain the community atmosphere of sincere sharing and provide users with safe and healthy content, Xiaohongshu has formulated medical content management standards in accordance with relevant national laws and regulations. And a special medical and health governance action was launched. According to Xiaohongshu, since November 2022, the platform has dealt with a total of 1,831 medical violation accounts, cancelled the professional qualification certification of 976 doctors, and issued permanent private messages to 531 accounts; a total of 211,000 violation notes were punished, and risk notes were issued for 71,000 notes. (Xiaohongshu)


3. Kuaishou e-commerce: Merchants/promoters should complete the opening and binding of settlement and collection accounts


On February 27, Kuaishou E-commerce today issued an announcement on the requirements for binding of merchant collection accounts. In order to safeguard consumer rights and ensure that merchants are receiving normal payments for business payments, merchants/promoters should ensure that: publishing or promoting Kuaishou E-commerce platform products should complete the opening and binding of settlement collection accounts. (Kuaishou Merchant Service)


4. Tmall "Large Shipping Insurance" scope and protection upgrade


After the category ownership adjustment takes effect, the products under this category will be closed for insurance for "return freight insurance" and will stop the premium deduction, order and display of "return freight insurance". As long as the merchant has insured large-item freight insurance, under the categories covered by large-item freight insurance will only issue large-item freight insurance policies, and no return freight insurance (small-item) policies will be issued. (Tmall Merchant Finance)


5. JD.com will disclose the updated ratings and target prices of major banks in last year's performance next Thursday


According to reports on February 27, JD.com Group will announce its last year's results next Thursday. Benefiting from the effect of a series of measures to reduce costs and increase efficiency, 24 brokerages, it is expected that JD.com's net profit attributable to common shareholders under non-GAAP standards in 2022 will reach 24.973-27.029 billion yuan, an increase of 45.1%-57.1% year-on-year from 17.207 billion yuan in 2021; the median is 26.134 billion yuan, an increase of 51.9% year-on-year. The report said that based on 21 securities firms, JD.com predicts that it will turn profits in 2022, with net profit reaching 7.621-17.954 billion yuan; the median net profit forecast for 2022 is 10.127 billion yuan. (Zhitong Finance)


Internet news


6. Gome Electrical Appliances was enforced for another 30.2 million yuan and has been executed for a total of more than 460 million yuan.


On February 27, recently, Gome Electrical Appliances Co., Ltd. and Henan Gome Electrical Appliances Co., Ltd. added a new information about the person subject to execution, with the execution target of more than 30.2 million yuan, involving a financial loan contract dispute. The execution court is the People's Court of Jinshui District, Zhengzhou City. Gome Electrical Appliances Co., Ltd. was established in April 2003. The legal representative is Dong Xiaohong, with a registered capital of RMB 1 billion and is jointly held by China Pengrun Management Co., Ltd., Ocean City International Co., Ltd. and Hongxi Investment Co., Ltd. Risk information shows that as of now, the company has accumulated more than 460 million yuan in execution. (China News Network)


7. ZTO Express established a new company in Zhejiang with a registered capital of RMB 10 million


According to news on February 27, Tianyan Check information shows that recently, Zhejiang Public Chain Information Technology Co., Ltd. was established, with the legal representative being Xu Peng, with a registered capital of RMB 10 million, and its business scope includes Internet data services; Internet of Things technology services; artificial intelligence application software development; data processing services; information system operation and maintenance services; computer and communication equipment leasing, etc. The equity penetration chart shows that Zhejiang Public Chain Information Technology Co., Ltd. is wholly owned by Zhongtong Supply Chain Management Co., Ltd., which is jointly owned by ZTO FREIGHTLIMITED, Lai Haisong, Lai Jianfa and others. (Tianyan Check)


8. Taote will increase investment in industrial belts and build 50 offline service stations in 1688.


On February 27, at the "Ten Thousand Plans, Yiwu First" industrial belt investment conference held in Yiwu, Taote is increasing its investment in the industrial belt. This year, it will work with 1688 to build offline service stations, with the first 50. It is understood that for factories, entering the Taobao factory means getting traffic from Taobao and Taobao at the same time. At present, there have been nearly a thousand Taobao sales champions in Taobao factories, and it takes 10 days to enter the championship. Some factories sold more than 100 million yuan after seven months of entering. (Financial Network)


Cross-border newsletter


9. Shopify "Buy Again" button is online


On February 27, Shopify announced that the "Buy Again" button will be launched. Now, customers who purchase bulk can quickly repurchase through a few simple steps. Customers click the "Buy Again" button on the historical order and order details page to easily repurchase historical orders with one click. If the product is in stock, a corresponding prompt will appear on the payment page. Merchants can choose to change the content of the shopping cart or remove some products. In addition, the "Buy Again" button is also very simple. Merchants can automatically enable it in any store as long as they use a new customer account and no other operations are required. (Shopify e-commerce independent website subscription account)


10. eBay Germany Station: Hermes will raise the M-Paket rate


On February 27, Bay Germany Station issued an announcement stating that on March 1, 2023, Hermes will raise the price of M parcels by 80 cents. Starting March 1, 2023, when merchants submit their quotes or print shipping labels via "My eBay", they will see a new price. (ebay)



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