#Laogao E-commerce Newsletter# [E-commerce Evening News on March 15]

Evening information:

1. 10 companies including JD.com and Meituan entered the "96315 Consumer Dispute Reconciliation Green Channel";

2. On March 14, the national postal express delivery volume was about 365 million pieces;

3. Oriental Selection responded that it sold farmed shrimps as wild shrimps: it was cheated by the supplier;

4. Shentong Express: The company's second phase of the total amount of 500 million yuan will be redeemed in advance on March 17;

5. Cross-border payment platform OnPay reached a cooperation with African logistics company Sudafei...

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

E-commerce newsletter

1. 10 companies including JD.com and Meituan entered the "96315 Consumer Dispute Reconciliation Green Channel"

According to the settlement rules, consumers can only resolve the settlement through the green channel by purchasing, using goods or receiving services for their daily consumption needs in the administrative area of ​​Beijing. After the consumer submits the settlement materials, the company entering the company must make an acceptance response within 24 hours. (Beijing Business Daily)

2. On March 14, the national postal express collection volume was about 365 million pieces.

According to the monitoring data of the Office of the Leading Group for Logistics and Safety Protection and Smoothness of the State Council, on March 14, the national freight logistics was operating in an orderly manner. Among them, national railway freight continued to maintain a high level, transporting 11.122 million tons of cargo, a month-on-month decrease of 1.30%; 7.7444 million highway trucks were passed through the country, a month-on-month increase of 3.48%; the monitored ports completed cargo throughput of 35.27 million tons, a month-on-month increase of 8.9%, and a container throughput of 748,000 TEU, a month-on-month decrease of 0.2%; 13,335 civil aviation guarantee flights, a month-on-month decrease of 3.2%; the postal express delivery volume was about 365 million pieces, a month-on-month decrease of 9.4%; the delivery volume was about 360 million pieces, a month-on-month decrease of 2.2%. (Ministry of Transport)

3. Kuaishou E-commerce launches special governance of "false promises and benefits" in live broadcast rooms

On March 15, Kuaishou E-commerce recently announced that in order to protect the legitimate rights and interests of consumers, provide a better transaction experience, and create a good consumer trust environment, the platform decided to conduct special governance on the "false promised benefits" behaviors that exist in the live broadcast room by e-commerce experts from now on. The "false promised benefits" in the live broadcast room refers to the behavior of the goods expert attracting popularity and users' attention through false promised benefits, false lottery, false gifts, etc. but ultimately failing to fulfill it. Common violations include wild draws, unclear benefits, false promotions, non-performing benefits or inconsistent with publicity, and other illegal welfare marketing activities. (Kuaishou E-commerce)

Internet news

4. WeMall Group rose by more than 7% and announced its access to Baidu's "Wenxin Yiyan"

According to reports on March 15, WeMall Group rose more than 7% to HK$4.89, with a total market value of HK$13.596 billion. WeMall Group recently announced that it has officially become a Baidu Wenxin Yiyan ecological partner. Wen Xinyiyan's technical capabilities will be deeply integrated with WeMall SaaS products and digital marketing services. Through AIGC technology, WeMall's layout in marketing AI creative content production, intelligent marketing, intelligent customer service, intelligent operation and other aspects. (Snowball Official Website)

5. Oriental Selection responded to selling farmed shrimps as wild shrimps: they were cheated by suppliers

On March 15, Jiangsu consumer Mr. Wang purchased the "100% wild sea catch" prawns claimed by Dong Yuhui in the live broadcast room of "Oriental Selection", but he found that these prawns were actually farmed. After the lawsuit was filed, the staff of Oriental Selection took the initiative to contact Mr. Wang, saying that Oriental Selection was deceived by the supplier. (Sina Technology)

6. JD.com and Xiaotiancai signed a strategic cooperation agreement

On March 15, JD.com recently signed a strategic cooperation agreement with Xiaotiancai. Focusing on the "hourly shopping" business, the two parties will carry out in-depth cooperation on product management, omni-channel digital marketing, user refined operation, and performance efficiency optimization. JD.com and Xiaotiancai signed a strategic cooperation agreement, and will rely on Dada Express’s local instant delivery platform to provide merchants with integrated omni-channel order fulfillment services. It is reported that as of now, Dada Express delivery business covers more than 2,600 counties, districts and cities across the country, with a peak daily order volume exceeding 10 million orders. (Yesky Tianji Information)

7. Shentong Express: The company's second phase of the total bond of 500 million yuan will be redeemed in advance on March 17

On March 15, Shentong Express issued an announcement that Shentong Express Co., Ltd.'s public issuance of corporate bonds in 2020 will pay the principal of this bond and the interest from October 15, 2022 to March 16, 2023 in advance. The amount of bond redemption in advance is RMB 500 million, and the date of bond delisting is March 17, 2023. After review and approval by Shentong Express Co., Ltd.'s first bondholders' meeting for the public issuance of corporate bonds (second phase) in 2020, this bond will be redeemed in advance on March 17, 2023. (Shentong Express)

Cross-border newsletter

8. Bazaara, the second-hand fashion e-commerce company in the UAE, receives US$230,000 in financing

On March 15, Bazaara, the second-hand fashion e-commerce company in the UAE, received a seed round of financing of US$230,000. This round of financing was led by Flat6Labs UAE, and some angel investors also participated. It is understood that Bazaara was founded in 2021 by Alyssa Mariano, and the platform allows users to earn by recycling wardrobe items. Since its launch in 2021, Bazaara has become the largest peer-to-peer resale fashion app in the UAE, with approximately 20,000 users. To date, the platform has listed more than 25,000 lists with a total value of more than $1.5 million. Bazaara simplifies the user's buying and selling process, automatically sends couriers to collect and deliver goods on their behalf, and the proceeds are deposited directly into the seller's account. (wamda official website)

9. Cross-border payment platform OnPay reaches cooperation with African logistics company Sudafei

On March 15, cross-border payment platform OnPay reached a cooperation with African logistics company Sudafei. The two parties will take the foreign trade business scenario as the basis and logistics + collection as the core, and jointly provide customers with logistics, warehousing, local distribution, fund collection and payment and other services to improve the efficiency of fund settlement and realize efficient platform operation. (36Kr)

10. TikTok launches STEM feed channel

To help bring high-quality STEM content to the TikTok community, TikTok is expanding its collaboration with Common Sense Networks and Poynter. Currently, the channel is being tested in some markets, which allows people to explore videos in categories such as gaming, food, fashion and sports, and now TikTok is expanding it with STEM feed. TikTok is still in its early stages of providing the new feature to the community, and the channel will be available in the U.S. at the end of this month. (E-commerce News)