Evening information:
1. Xiaohongshu launched a special action to "clear and strict rectification of chaos in 'self-media'";
2. Douyin e-commerce has added the "Douyin Mall's "DOU New Products" Rules";
3. Lazada will close the "Worry-free" guarantee service on April 1;
4. Amazon’s overseas purchase wishlist is about to be offline;
5. JD.com (Zhongxiang) Digital Economy Industrial Park opens...
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E-commerce newsletter
1. Xiaohongshu launches a special action to "clear and strict rectification of chaos in 'self-media'"
Xiaohongshu said that it will strictly and severely deal with "self-media" that violates the rules and refuses to correct their mistakes, curbs illegal profits, improves the management system, and strengthens publicity and guidance. (Xiaohongshu)
2. Douyin e-commerce adds "Douyin Mall's "DOU New Products" Rules"
On March 17, Douyin E-commerce issued an announcement stating that in order to protect consumer rights and regulate merchants' business behavior, the "Douyin Mall's "DOU New Products" Rules" has been revised. The platform will issue formal effective rules separately after the public announcement expires. DOU new products will also verify the "time of market" filled in the product attributes when the product is created. If the time of filling in is incorrect or unclear, it will affect the certification of DOU new products. (Tiktok E-commerce Learning Center)
Internet news
3. Ant Wealth launches "financial management points"
According to 36Kr, recently, Ant Wealth Platform has revised its "financial management points". It is understood that the "321" health financial evaluation model behind the financial management score has introduced a number of universities to conduct joint research, and uses "product selection, configuration, and holding" as the triangle concept of evaluation behavior, supplemented by a qualitative evaluation framework and data intelligent calibration second-round calculation. The data of "financial management points" shows that users with scores above 600 points are healthier and mature, and their returns are relatively better than those with scores below 600 points. (36Kr)
4. JD.com (Zhongxiang) Digital Economy Industrial Park opened
On March 17, the opening meeting of JD Digital Economy Industrial Park and the first digital economy summit of Zhongxiang were held today. At the opening meeting, JD.com (Zhongxiang) Digital Economy Industrial Park was officially opened, and 10 key enterprises including Luohe Liantai Food Co., Ltd., Hubei Zhongming Chenhe Group Co., Ltd., and Hubei Fengtu Technology Co., Ltd. officially signed contracts to settle in. It is reported that in September 2022, JD.com and Zhongxiang Municipal People's Government officially reached a digital economy industry cooperation. (China Integrated Media Industry Network)
5. Yum China spent about US$1 million to buy back 16,400 shares on March 16
On March 17, Yum China issued an announcement that the company spent about US$1 million to repurchase 16,400 shares on March 16, 2023, with a repurchase price of US$60.36-US$61.44 per share. On the same day, the company canceled approximately 16,500 repurchased shares and issued 265 shares under the share award plan. (Snowball)
6. JD Insurance Brokerage launches insurance brand business hall
According to reports on March 17, the recruitment phase of the "Brand Business Hall-Strategic Partner Program" launched by JD Insurance Brokerage on the JD APP has ended, and many leading domestic insurance companies have expressed their intention to participate. After in-depth communication between JD Insurance Brokerage, through comprehensive assessment, the first batch of insurance companies with "strategic partners" will be selected, and jointly created a one-stop, fully Internet-based insurance service closed loop on JD APP. It is understood that the insurance brand business hall will be launched in the near future. In the future, JD Insurance Brokerage will launch a partner recruitment plan based on the progress of the project and provide new strategic support. (China Radio and Television)
7. Shaanxi Heimao spent 100 million yuan to establish a new logistics and trading company
According to the news on March 17, Tianyancha APP showed that recently, Shaanxi Heimao Logistics Trading Co., Ltd. was established. The legal representative is Li Peng, with a registered capital of 100 million yuan. The business scope includes: sales of mechanical and electrical equipment; sales of power electronic components; sales of bearings, gears and transmission components, etc. Equity penetration shows that the company is 100% controlled by Shaanxi Black Cat. (Tianyan Check)
Cross-border newsletter
8. Shopee Philippines: Received return packages to 7 days
On March 17, Shopee Philippines issued a notice saying that when the package is returned, the rider will try to deliver it twice. If the package cannot be delivered to the seller twice, the rider will hand over the package to the Shopee warehouse and notify the seller to collect it by himself through the seller center announcement. The current period of collection has been changed from 14 days to 7 days. The seller must contact Shopee within 7 days after receiving the announcement, otherwise the package will be disposed of. The package collection process is as follows: After receiving the notice, please contact Shopee customer service within 7 days to make an appointment for pickup; please provide the detailed information to the logistics department; after the staff confirms the date, the seller can go to or pick up the item by himself or through Grab/Lalamove. (Shopee Philippine e-commerce platform)
9. Amazon's overseas purchase wishlist is about to be offline
According to IT Home, Amazon's overseas purchase wishlist will be offline before March 24, 2023. Amazon reminds users to view the wishlist information as soon as possible and add it to the shopping cart. It is understood that Amazon's wish list is similar to a shopping cart. If you see something you like but don't buy it for the time being, you can put it in your wish list. If there is a price reduction, it will also be prompted in your wish list. According to previous official introduction, Amazon Overseas Shopping has 32 million product selections from the United States, Britain, Japan and Germany, including 550,000 international brands, spanning 35 major categories. (IT Home)
10. Lazada will close the "Worry-free" guarantee service on April 1
On March 17, Lazada issued a notice on the termination of the "worry-free insurance" service. The notice shows that due to the expiration of the cooperation agreement and the optimization and improvement of the overall reverse logistics plan, Lazada will upgrade and iterate the "Wuyoubao" plan in the return value-added service. Sellers who have signed a contract with the "Wuyoubao" service, please pay attention: Orders generated from 00:00 on April 1, 2023 will no longer enjoy the "Wuyoubao" guarantee service; orders generated before 23:59 on March 31, 2023 are still within the scope of protection, and the seller needs to pay the corresponding service fee. It is recommended that sellers modify the return value-added service options in time so that the products can be adapted to the overseas return plan after April 1. (DNY321)
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