#Laogao E-commerce Newsletter# [May 12 E-commerce Evening News Brief]

Evening information: 1688 releases the 48-hour shipping service rules of Taote wholesale group; JD Spring and Summer Fashion Consumption Report: Sunscreen sales increased by 184% month-on-month in the past two months; Tmall launched the second phase of the small appliance industry's super new brand plan; Wish launched the "freight calculation" function of the A+ logistics plan; Lazada: 77% of sellers expect sales to increase by more than 10% in the second quarter...

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E-commerce newsletter

1. 1688 releases the 48-hour shipping service rules for Taote wholesale group

According to May 12, the 48-hour shipping service rules of the "1688 Taote Wholesale Group" were released a few days ago. In addition, delayed delivery means that the merchant has not completed the delivery within the delivery time limit, that is, the merchant has not uploaded the real logistics order number corresponding to the order to the backend 1688 within the delivery time limit. If a merchant delays the shipment, 1688 has the right to deduct the corresponding consumer compensation from the merchant account and distribute it to the consumers corresponding to the delayed shipment order in cash. (E-commerce News)

2. JD Spring and Summer Fashion Consumption Report: Sunscreen Sales increased by 184% month-on-month in the past two months

On May 12, JD Consumer and Industrial Development Research Institute recently released the report "Spring and Summer Fashion Consumption Trends". The fastest growing products are sunscreen, makeup remover and facial mask, with month-on-month growth rates reaching 184%, 48% and 43% respectively. In the daily health care category, razors, electric toothbrushes, massagers and hair dryers are the best-selling products, accounting for 18.4%, 15.7%, 13.8% and 12.0% of sales respectively. The report points out that people aged 16-25 have the strongest interest in facial beauty products, while people aged 26-35 pay more to pay attention to their personal health when entering their family life, and people aged 46 and older are more willing to spend more money on high-quality clothing designed with comfortable designs. (E-commerce News)

3. Kuaishou E-commerce revised the management standards for second-hand luxury goods warehouse merchants

On May 12, Kuaishou E-commerce today issued an announcement on the revision of the "Management Specifications for Second-hand Luxury Goods Stored Merchants", which will take effect on May 20, 2022. After the revision, in 5.4 of the warehouse quality inspection, if the merchant fails the inspection of the warehouse quality inspection, the platform has the right to close the order. The merchant should refund the consumer and compensate the consumer. The compensation amount is 10% of the actual payment amount of the order and round it upwards in units of 5 yuan. The single compensation amount is no less than 50 yuan, not more than 100 yuan. At the same time, the platform has the right to deduct the aforementioned amount from the merchant’s payment for goods and/or deposit to consumers. (E-commerce News)

4. Tmall launches the second phase of the super new brand plan for the small appliance industry

On May 12, Tmall recently proposed to carry out cooperation on the "Super New Brand Plan" in accordance with Shenzhen's strategic arrangements for brand development, starting from the Tmall small home appliance industry with advantages in Shenzhen. Through the brand's full life cycle support, we will jointly cultivate a group of high-growth new brand enterprises in Shenzhen. (E-commerce News)

Internet news

5. Alibaba International Station launches the "Digital Exit" plan

On May 12, according to the news from multiple foreign trade merchants, Alibaba International Station has launched the "Digital Exit Exit" plan in a low-key manner recently, opening up the digital foreign trade service capabilities and helping foreign trade merchants achieve certain compliance and stable operations. It is understood that the plan includes a package of productized services including logistics, cross-border payment collection, compliance guarantee, etc., covering all links of cross-border trade. Some merchants who tried this service said that in the past, only members on Alibaba International Station could enjoy official services, and this year, various services such as logistics and finance were open to all foreign trade merchants. (E-commerce News)

6. Douyin e-commerce: GMV of healthy light food products increased by more than 170% in December 2021 compared with January

On May 12, the huge amount of calculation recently released the 2022 Douyin Light "Food" Consumer Observation. In 2021, the GMV of healthy light food products on Douyin e-commerce continued to grow, and the growth in December was more than 170% compared with January data. In the second half of 2021, the number of active sales products of various categories of healthy and light food on Douyin e-commerce increased significantly compared with the same period: among which beverages and fast food showed an extremely high growth of about twice; nuts, candies, dried meat and dairy products also grew rapidly. In the second half of 2021, the number of live broadcast rooms related to healthy and light food increased by 86 times year-on-year. (E-commerce News)

Cross-border newsletter

7. IBM and Amazon Web Services reach strategic cooperation

May 12th news, recently, IBM and Amazon Web Services signed a strategic cooperation agreement to provide a wide range of software catalogues on the AWS platform. It is understood that this cooperation between IBM and AWS will provide customers with fast and easy access to IBM software. The software covers automation, data and artificial intelligence, security and sustainability capabilities, is based on Red Hat OpenShift Service on AWS and runs cloud-native on AWS. The SaaSization of IBM software has improved the company's combination of more than 30 software products, which can currently be manually deployed in the AWS market. (E-commerce News)

8. 5 Huahan special lines are available online in Dunhuang.com

On May 12, Wish announced today that it has officially launched the "Free Calculation" function of the A+ Logistics Plan, and will be open to all Wish Chinese merchants from June 12, 2022 UTC time. It is understood that the merchant sets the package weight information of the product and enables the A+ "Free Calculation" function. Wish will calculate the freight to the merchant based on this information; the user purchases the product and pays the product cost and freight. During the entire freight payment process, merchants will no longer need to adjust the freight of A+ logistics plan products based on the freight price card. (E-commerce News)

9. Wish launches the "Freight Calculation" function of A+ logistics plan

On May 12, Wish announced today that it has officially launched the "Free Calculation" function of the A+ Logistics Plan, and will be open to all Wish Chinese merchants from June 12, 2022 UTC time. It is understood that the merchant sets the package weight information of the product and enables the A+ "Free Calculation" function. Wish will calculate the freight to the merchant based on this information; the user purchases the product and pays the product cost and freight. During the entire freight payment process, merchants will no longer need to adjust the freight of A+ logistics plan products based on the freight price card. (E-commerce News)

10. Lazada: 77% of sellers expect sales to grow by more than 10% in the second quarter

According to May 12, Lazada recently released a survey report on the first quarter of 2022 Digital Business Confidence Index, and 77% of sellers expect sales to grow by more than 10% in the next quarter. Only 7% of sellers expect sales to decline in the second quarter of 2022, down from 12% in the fourth quarter of 2021. The report shows that sellers in various categories are very confident about the business development in the next quarter. 81% of daily necessities sellers believe sales will increase by at least 10% in the second quarter of this year. 78%, 76%, and 71% of sellers in fashion, fast-moving consumer goods and electronic products respectively believe that Q2 sales have increased by at least 10%. (E-commerce News)