#Laogao E-commerce Newsletter# [E-commerce Evening News on March 14]

Evening information:

1. Pinduoduo will release its fourth quarter and full-year financial results for 2022 on March 20;

2. The number of complaints about live streaming sales in 2022 increased by 5 times compared with 2020;

3. Xinxuan responded to "Simba came to Hangzhou": he has not been permanently stationed yet and will deepen his cultivation in Hangzhou;

4. Meituan will hold a board meeting on March 24;

5. JD Thailand Station will be closed on March 31...

Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. Kuaishou intercepted 4812 online brutal information last week to deal with 307 accounts

On March 14, Kuaishou recently announced that in the near future, in order to further implement the requirements of the Central Cyberspace Affairs Office's "Notice on Effectively Strengthening the Governance of Cyberspace Violence", strictly implement the main responsibilities of enterprises, and to effectively prevent and resolve the problems of cyber violence, and effectively protect the legitimate rights and interests of netizens, the platform continues to increase its efforts to deal with online violence accounts, focusing on rectifying behaviors such as using social hot events to conduct human flesh searches, provoking confrontation among netizens, attacking and insulting others, and spreading unfriendly remarks. Last week, the platform intercepted 4,812 online violence information, cleaned up 2,569, and disposed of 307 accounts. (Kuaishou Blackboard Newspaper)

2. Xinxuan responded to "Simba comes to Hangzhou": He has not been permanent yet and will deepen his cultivation in Hangzhou.

According to the news on March 14, Xinxuan official responded to the recent rumors of "Simba coming to Hangzhou" in Chao News. A relevant person in charge of Xinxuan said that Xinxuan Group is indeed expanding its business in Hangzhou. The person in charge said, "We have established a company in Hangzhou for three years. But at present, our live broadcast base in Baiyun District, Guangzhou and the smart warehousing center in Huadu District are both operating normally." Building 3 of Haiwei Center has a total of 23 floors. (Boss Broadcast)

3. Taobao e-sports users have reached 100 million, and it has become a post-00s

According to reports on March 14, data shows that in the past year, the number of users of Taobao e-sports related products has reached 100 million, 30% are born in the 2000s, while female consumers account for more than 40%. The "2022 China E-sports Industry Report" released a few days ago shows that the current scale of China's e-sports industry is about 140 billion and the e-sports population is about 480 million. This year, e-sports will debut as an official competition event at the Hangzhou Asian Games, and the development of China's e-sports industry will usher in greater opportunities. (Lieyun.com)

4. The number of complaints about live streaming goods in 2022 increased by 5 times compared with 2020

According to the website of the State Administration for Market Regulation, in 2022, the national market supervision departments accepted 29.4077 million consumer complaints, reports and consultations through 12315 platforms, telephones, faxes, windows and other channels across the country, an increase of 23.5% year-on-year. Among them, 13.1038 million complaints and 4.7223 million reports were reported, recovering 4.519 billion yuan of economic losses for consumers, effectively protecting consumers' legitimate rights and interests. There were 334,500 cross-border e-commerce demands, an increase of 42.63% year-on-year, an increase of 1.47 times compared with 2020. The problems of negative after-sales service, failure to fulfill warranty commitments, and counterfeiting of overseas products are prominent. (Beijing Youth Network)

5. Pinduoduo will release its fourth quarter and full-year financial results for 2022 on March 20

On March 14, Pinduoduo issued an announcement that it will announce its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022 before the trading session on March 20, 2023. The company's management will hold an earnings conference call at 7:30 a.m. Eastern Time on March 20, 2023. (Pinduoduo)

Internet news

6. Meituan will hold a board meeting on March 24

On March 14, Meituan issued an announcement today, and Meituan and its subsidiaries hereby announce that the Board of Directors is scheduled to hold a board meeting on March 24, 2023 to consider and approve the Group's full-year results for the year ended December 31, 2022, and to handle other matters. (Meituan)

7. The State Administration for Market Regulation rectifies chaos such as three fake live broadcasts: Investigate and deal with 19,500 online cases

Organize and carry out a special action on online market supervision in 2022, make great efforts to rectify chaos such as online sales of banned goods, "three no" takeout, and "three fake" live broadcasts, urge online trading platforms to delete 2.96 million pieces of illegal product information, order 65,000 websites to be rectified, 9,760 websites are requested to close 9,760 times, 17,000 online stores that have been ordered to stop the platform service, and 19,500 online cases are investigated and dealt with. Organize a special investigation and handling of the "Tao Order 100" series of empty package orders and credit speculation cases, severely crack down on the black and gray industry chain of "orders and credit speculation", and create a strong deterrent to bad merchants. (CCTV News Client)

Cross-border newsletter

8. JD Thailand Station will be closed on March 31

On March 14, the backend of JD Thailand Station showed that the station will stop all services on March 31, 2023. It is reported that JD.com closed its Thai station to reduce costs and increase efficiency, and concentrated resources to invest in cross-border supply chain infrastructure, including Southeast Asia. (Sohu.com)

9. More than 300 ecological partners have settled in the SHOPLINE Ecological Cooperation Center

March 14th news, as of 2022, the SHOPLINE Ecological Cooperation Center has recruited more than 300 ecological partners in the form of an application store, and has jointly served 500,000+ independent brands in the world with SHOPLINE. It is understood that the SHOPLINE Partner Program is an incentive program designed specifically for a diverse group of developers, marketers and affiliate members. Partners can build independent e-commerce sites, themes and applications through the SHOPLINE platform, provide relevant services to SHOPLINE merchants around the world, and obtain additional benefits and incentives specified in the corresponding partner program. (SHOPLINE)

10. Jen, senior manager of TikTok Shop cross-border e-commerce brand strategy, will attend the Lingmou Awards

On March 14, at the 2022-2023 Global Marketing Business Summit, Morketing invited Jen, senior manager of TikTok Shop's cross-border e-commerce brand strategy, to present a speech and share. It is understood that from March 21 to March 23, the 7th Lingmou Awards Morketing Summit with the theme of "Peeling PENETRATE" will be held in Shanghai. According to information, Jen is currently a senior manager of brand strategy for TikTok Shop's cross-border e-commerce business. Currently, Jen is mainly responsible for the growth strategy and ecological organization cooperation of TikTok Shop's cross-border e-commerce brand overseas, covering the creation of full links such as targeted investment promotion, official communities, business models, and brand weather vanes. (Morketing)