Morning information:
1. JD.com Group's net income exceeded one trillion yuan in 2022 and increased by 9.9% year-on-year;
2. TikTok Life Service launches the creator credit score system;
3. The revision of the WeChat Video Account Selection Alliance Access and Clearance Rules will take effect on March 31;
4. The abbreviation of New Oriental Online Chinese Shares will be officially changed to Oriental Selection on March 14;
5. Amazon sells SharkNinja plans to go public...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. JD Xu Lei: JD plans to invest about 1 billion yuan in the first month of subsidy
JD.com Group released its unaudited financial results for the three months and the whole year ended December 31, 2022. After the financial report was released, JD.com CEO Xu Lei and JD.com CFO Xu Ran attended the analyst conference call to interpret the financial report and answered analyst questions. (Sina Technology)
2. The number of new merchants in JD.com increased by 34% year-on-year in 2022
According to reports on March 9, JD.com released its fourth quarter and full-year results for 2022. According to the financial report, in 2022, the average daily active users of JD.com Group increased by double digits year-on-year, and the shopping frequency of retail users and the average user contribution revenue continued to maintain growth momentum. Among them, the number of JD PLUS members reached 34 million as of the end of the fourth quarter, maintaining a rapid growth trend. As of the fourth quarter of 2022, the number of third-party merchants at JD Retail achieved a year-on-year growth of more than 20% for eight consecutive quarters, among which the number of new merchants entering the company in 2022 increased by 34% year-on-year. (JD Blackboard Newspaper)
3. JD.com Group's net income exceeded one trillion yuan in 2022 and increased by 9.9% year-on-year
On March 9, JD.com Group released its unaudited financial results for the three months and the whole year ended December 31, 2022. Judging from the full-year data, JD Group's net income in 2022 was RMB 1.0462 billion, a year-on-year increase of 9.9%. In 2022, net commodity sales revenue increased by 6.1% year-on-year, and net service revenue increased by 33.3% year-on-year. Performance expenditure increased by 6.7% from RMB 59.1 billion in the whole year of 2021 to RMB 63 billion in the whole year of 2022. Operating profit under non-US general accounting standards for the whole year was RMB 27.6 billion, and RMB 13.4 billion in 2021. JD Retail's operating profit margin excluding unallocated projects in 2022 was 3.7%, and 3.1% in 2021. (JD Group)
4. TikTok Life Service launches creator credit score system
According to March 9, Douyin Life Service recently launched the "creator credit score" system. The platform will comprehensively calculate the credit score of the account based on the creator's submission content and performance behavior to guide and inspire experts to continue to grow. According to the rules, the initial score of creators' credit scores is 100 points, the upper limit is 100 points, and the lower limit is 0 points. Creators will also be warned and banned from participating in the list activities as credit points are reduced to 80 points to 90 points. Relevant penalties are expected to be launched from March to April. (Tik Tok Life Service)
5. The revision of the WeChat Video Account Selection Alliance Access and Clearance Rules will take effect on March 31
According to March 9, Tencent recently announced that it would revise the "WeChat Video Account Selection Alliance Access and Clearance Rules". This revision will take effect on March 31, 2023. Flagship stores, specialty stores, specialty stores, and ordinary enterprise stores merchants must meet the three conditions of normal operation of the video store, the merchant's cumulative GMV>=20,000 yuan, and the merchant's video store rating>=4.0. It should be noted that when merchants add a preferred alliance promotion plan to their products, they need to meet the "request for accessing store types for various categories of goods" and "returning requirements for accessing products for various categories of goods". (Official WeChat)
Internet news
6. The abbreviation of New Oriental Online Chinese Shares will be officially changed to Oriental Selection on March 14
On March 9, New Oriental Online announced that the Director of the Cayman Islands Company Registration Office issued a certificate of registration for the name change on February 2, proving that the company's English name has been changed from "Koolearn Technology Holding Limited" to "EastBuy Holding Limited", and the company's dual foreign name has been changed from "New Oriental Online Technology Holding Limited" to "Oriental Selected Holding Limited". The abbreviation of Chinese and English shares of the company's securities on the Stock Exchange will be changed from "KOOLEARN" and "New Oriental Online" to "EASTBUY" and "Oriental Selection" respectively, and will take effect from 9:00 a.m. on March 14, 2023. The company's stock code remains unchanged as "1797". (Oriental Selection)
7. Alibaba Cloud officially releases IoT consumer electronics application engine solution
Alibaba Cloud officially released IoT consumer electronics application engine solution. According to reports, this solution can increase the application development efficiency of IoT screen devices by more than 70%, and greatly improve the application richness and smooth operation on the device. Alibaba Cloud IoT consumer electronics application engine solution is adapted to mainstream IoT chips on the market, which can increase the application development efficiency of IoT devices with screens by more than 70%. At the same time, through the "cloud-in-one" architecture, data analysis, AIGC algorithm, payment, map, audio and video intercom, instant communication and other capabilities on Alibaba Cloud are brought to a large number of IoT devices. (Webmaster's Home)
8. Xiaohongshu responds to the resignation of the person in charge of commercialization: The news is untrue
According to March 10, there was news last night that Zhiheng, the head of commercialization of Xiaohongshu, will resign in the near future. In response, Xiaohongshu told Cailianshe reporters, "The news is not true." The reporter learned that Zhiheng also clarified the rumor on his circle of friends that night as false news, and said that he would continue to work hard to grow products. (Cailianshe)
Cross-border newsletter
9. Surveys show that UK food prices rose to a high in February
Data released by British market research firm Kantar on February 28 showed that food prices in the UK continued to rise in February, with a year-on-year increase of new highs. Kantar tracked the price trend of 75,000 commodities and found that in the four weeks ended February 19, the UK food prices rose 17.1% from the same period last year, the company's largest increase since the company began relevant surveys in 2008. (Yien.com)
10. Amazon sells SharkNinja to go public
Recently, JS Global Life issued an announcement that the company has submitted a proposal to the Stock Exchange for SharkNinja to carry out a proposed spin-off and a separate listing on the US Stock Exchange in accordance with the 15th Application Guidelines, and the Stock Exchange approved the company to continue the proposed spin-off. It is reported that SharkNinja has two well-known brands, Shark and Ninja. Shark focuses on cleaning appliances and Ninja focuses on cooking appliances. Both are brands worth billions of dollars. Shark vacuum cleaners have a market share of about 31% in the UK in 2022, and Ninja branded pots have a market share of about 48% in the UK in 2022. (ENECNEWS)
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