#Laogao E-commerce Newsletter# [March 16 E-commerce Morning News]

Morning information:

1. Kuaishou E-commerce: Continue to deal with shipment violations such as "collection overtime";

2. ZTO Express's annual revenue in fiscal year 2022 was 35.377 billion yuan, up 16.3% from fiscal year 2021;

3. Jitu completed the docking test with JD platform. Shentong is expected to be completed next week;

4. Suyite ERP releases Amazon email ChatGPT tool;

5. WeChat subscription account assistant upgrades the "Picture Message" function...

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E-commerce newsletter

1. Since JD.com opened up the entry of personal merchants, new college students accounted for 10%

According to reports on March 15, at the beginning of this year, JD.com released the "Spring Xiao Plan" to various merchants, including providing natural persons with fast entry channels, "0 yuan trial operation", and "new store gift package" of 2,100 yuan, increasing support for merchants and reducing burdens and increasing income for merchants. Data shows that since the release of the Chunxiao Plan, factory-type merchants and brand-type merchants with supply chain advantages among the newly settled merchants accounted for 22.9%, self-produced merchants such as new farmers, designers, and craftsmen accounted for 15%, and new merchants of college students accounted for as high as 10%, effectively driving entrepreneurship and employment. (China.com Technology)

2. Kuaishou E-commerce: Continuously deal with shipment violations such as "collection overtime"

On March 15, Kuaishou E-commerce issued an announcement today stating that in order to improve consumers' shopping experience, standardize merchants' delivery performance behavior, and create a fair and healthy e-commerce environment, the platform will continue to deal with shipment violations such as "collection overtime". If the merchant has a time-out acquisition, the platform will make a penalty in accordance with the "Detailed Rules for Violation of the Contract" (Merchant)" for handling "shipping violations" in the "Detailed Rules for Violation of Commitment (Merchant)". It is understood that the time-out of the collection means that within 24 hours after the merchant uploads the order logistics order number, the logistics order number has no collection record on the official website of the corresponding express company. (Kuaishou Merchant Service)

3. Jitu completed the docking test with JD platform Shentong is expected to be completed next week

According to reports on March 15, screenshots show that Jitu has recently completed the docking test with JD platform, and Jitu insiders confirmed the information to Yibang Power. In addition, in response to the rumor that "JD platform has resumed cooperation with Shentong, and JD merchants can choose Shentong for shipping", Shentong Express responded on the investor interactive platform that the project is still in the testing stage, and the specific progress shall be subject to the official release of information. JD insider told Yibang Dynamics that testing is expected to be completed next week. It is reported that this time, Shentong and Jitu are both for use by POP merchants. (NetEase News)

Internet news

4. ZTO Express's annual revenue in fiscal year 2022 was 35.377 billion yuan increased by 16.3% compared with fiscal year 2021

According to reports on March 16, ZTO Express released its unaudited financial reports for the fourth quarter and full year of fiscal year 2022 ended December 31, 2022. The report shows that ZTO Express's annual revenue in 2022 was RMB 35.377 billion, an increase of 16.3% compared with RMB 30.4058 billion in fiscal year 2021; net profit was RMB 6.659 billion, an increase of 41.6% compared with net profit of RMB 4.7013 billion in fiscal year 2021. Among them, in the fourth quarter, ZTO Express's revenue was RMB 9.8713 billion, an increase of 7.1% compared with RMB 9.2175 billion in the same period last year; net profit was RMB 2.1293 billion, an increase of 21.8% compared with net profit of RMB 1.7477 billion in the same period last year. (ZTO Express)

5. WeChat subscription account assistant upgrades the "Picture Message" function

On March 15, the WeChat subscription account assistant upgraded the "Picture Message" function, which not only operates picture messages like the backend of the official account, but also directly generates pictures of the text. At the same time, the "Text Generate Picture" function has 4 text layout methods and 6 background colors, and supports custom text background pictures. Use the subscription account assistant to send a new version of the picture message. The system will automatically generate a cover image, and the cover image can also be edited and replaced. (WeChat)

6. Suning.com upgrades "old-for-new" service subsidy to 8 months

On March 15, Suning.com has upgraded its "old-for-new" service rules. From now on, users participating in the recycling of home appliances will still enjoy subsidy rights when purchasing home appliances from Suning.com within 8 months. Therefore, Suning.com has extended the time by 8 months, giving consumers full choice. (Lianshang.com)

7. The 315 Gala exposed chaos in the live broadcast room, such as the navy

On March 15, CCTV's "3.15" Gala in 2023 was launched, and issues such as the live broadcast of the sad scenes, the live broadcast room of the navy's trading, and the inducement of following the trend to place orders. According to CCTV reports, there are many live broadcast rooms on the Internet that discount the guise of helping people resolve disputes and mediating family conflicts during live broadcasts. They recommend and sell products that claim to have magical cure effects. The company head of "Lige Supply Chain" said that the stories told in the live broadcast room are fabricated, and the purpose of making up stories is to deceive the elderly into buying products. In addition, CCTV 315 also exposed the chaos of the water army in the live broadcast room. (CCTV Finance)

Cross-border newsletter

8. Lazada signed a MSME Memorandum of Understanding with Indonesian Cooperatives and SME Departments

On March 15, Lazada Indonesia Station, Cooperatives and Small and Medium Enterprises Department of the Republic of Indonesia, continued to strengthen strategic partnerships and signed a MSME Memorandum of Understanding. Data shows that 21.56 million small and medium-sized enterprises in Indonesia have been digitalized, which shows that the Indonesian government has achieved 71.8% of the goal of 30 million small and medium-sized enterprises by 2024. Teten Masduki, Minister of Cooperatives and SMEs of the Republic of Indonesia, said, "This cooperation signing is expected to accelerate the realization of digital transformation and SME goals." (SWA)

9. Suyite ERP releases Amazon email ChatGPT tool

On March 15, Suyite ERP announced the official release of the ChatGPT tool for Amazon Email. Amazon merchants can use the ChatGPT tool in the Amazon Message reply function of Suyite ERP to automatically generate reply content in various contexts based on operational conditions for operational reference or use. It is understood that after ChatGPT was launched, the team of Suyite ERP engineers found that it can improve the work efficiency of Amazon operations; such as email replies, listing optimization references, creative titles and copywriting, etc. The engineer team of Suyite ERP is also constantly developing application scenario functions based on ChatGPT, and will launch more functions that can help sellers improve operational efficiency in the future. (Suyite ERP)

10. Amazon's new feature will show consumers product sales data

On March 16, it is reported that product sales data can already be seen on Amazon's official website product search results and some store pages. Through search, it was found that some products show sales under major retail product categories. Sales volume data is shown in a general range, such as 50+, 400+, 2k+, etc. Previously, Amazon's product sales data were not publicly displayed, and only sales rankings were provided. The platform and merchant backend can display accurate data, but the specific data of other merchants cannot be known. Merchants can only use third-party software or plug-ins to understand the data related to similar competitors. (Sina Technology)