#Laogao E-commerce Newsletter# [E-commerce Evening News on March 28]

Evening information:

1. Market news: Alibaba will reorganize into six major business departments;

2. 1688 consumer goods spot product growth rights and interests recommended by waiters;

3. The Guangzhou Station of Kuaishou E-commerce Investment and Hundred Cities Tour was successfully held;

4. Amazon Global Store Opening Asia Pacific Seller Training Center is officially launched;

5. New Oriental Youbo Company has been cancelled...

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

E-commerce newsletter

1. Market News: Alibaba will reorganize into six major business departments

March 28th news, market news: Alibaba will reorganize into six major business departments. Alibaba's business units can raise funds and IPO when they are ready. Alibaba CEO leads cloud computing business; former retail business leader leads digital business. (Sina Finance)

2. Kuaishou e-commerce investment and 100 city tour event Guangzhou Station was successfully held

On March 28, the Kuaishou e-commerce investment and 100 city tour event was recently held in the Clothing Town of Tianhe District, Guangzhou. The event was guided by the Guangzhou Municipal Bureau of Commerce and was organized by the Guangzhou Tianhe District Commercial Bureau, the Kuaishou E-commerce Merchant Development Department, and the Kuaishou Commercialization and Kuaishou Service Provider Guangzhou Qianshang Information Technology Co., Ltd. In order to help more new Guangzhou merchants grow rapidly on Kuaishou, Kuaishou E-commerce has launched a comprehensive support policy covering all aspects of its operations. (Sina News)

3. 1688 consumer goods spot product growth rights and interests recommended standards

According to March 29, the 1688 platform recently issued a notice on the recommendation target of the 1688 consumer spot product growth. The announcement stated that with the rapid development of 1688's business, the 1688 platform will gradually optimize and upgrade the product label rights system. From March 31, 2023, the "Waiter Recommendation" sign in the growth rights of spot goods of original consumer goods will be adjusted and taken offline. The subsequent consumer product growth business will continue to provide more detailed buyer-side expression rights for product stratification. (1688 platform rules)

Internet news

4. China Consumers Association releases a survey report: 80% of consumers oppose excessive packaging

The China Consumers Association conducted a study on the problem of excessive packaging of goods and a consumer perception survey in the second half of 2022. During the survey, the China Consumers Association analyzed the packaging of 6,160 products through offline visits and searches for mainstream e-commerce websites; collected 238 clues of suspected over-packaged products from consumer rights protection volunteers and other publics, and completed 7,443 valid questionnaires online. (China Consumer Association website)

5. Kerry Logistics' revenue in 2022 was HK$86.649 billion, a year-on-year increase of 9.75%

On March 28, Kerry Logistics released its annual results for the year ended December 31, 2022. The group achieved revenue of HK$86.649 billion, a year-on-year increase of 9.75%; profit attributable to shareholders was HK$3.579 billion, a year-on-year increase of 8%; if profits from terminated business were included in 2021, it would fall 55% year-on-year; earnings per share was HK$1.98, and a final dividend of HK$38 per share was planned to be paid. The e-commerce and express delivery business achieved a divisional loss of HK$826 million. The international freight business achieved a segment profit of HK$4.703 billion, a slight decline of 3%. (KLN)

6. JD.com and Bosch China announce the establishment of a strategic cooperative relationship

On March 28, Bosch China announced the establishment of a strategic cooperative relationship with JD Group today, and the two parties will cooperate in retail, logistics and corporate procurement. Bosch China President Chen Yudong and JD Retail CEO Xin Lijun attended the signing ceremony in Beijing. Taking hydrogen energy logistics and transportation as an example, in recent years, Bosch has actively promoted the commercialization of hydrogen power systems in the local market, and JD.com has also used hydrogen energy vehicles to provide logistics services in pilot projects. (Bosch Information Assistant)

7. Hema China Company increased its capital to US$207 million

According to the news on March 28, Tianyancha App, it showed that recently, Hema Co., Ltd. has undergone industrial and commercial changes, with registered capital increasing from US$200 million to approximately US$207 million, an increase of approximately 3.72%. The company was established in January 2019 and is wholly owned by Hema (Hong Kong) Co., Ltd. Among them, Shanghai Hema Network Technology Co., Ltd. increased its capital from about 649 million yuan to about 723 million yuan, Chengdu Hema Supply Chain Management Co., Ltd. increased its capital from 2 million yuan to 30 million US dollars, and Shanghai Hema Internet of Things Co., Ltd. increased its capital from 5 million US dollars to 20 million US dollars. (Tianyan Check)

8. New Oriental Youbo Company cancelled

According to the news on March 28, Tianyancha App showed that recently, the operating status of Beijing Oriental Youbo Network Technology Co., Ltd. has been changed to cancellation. The company was established in June 2016 with a registered capital of RMB 10 million. The legal representative is Zhu Yu. The business scope includes education consulting, software development, organization of cultural and artistic exchange activities, engaging in Internet cultural activities, publication retail, etc. It is wholly owned by Beijing New Oriental Xuncheng Network Technology Co., Ltd. (Tianyan Check)

Cross-border newsletter

9. Amazon Global Store Opening Asia Pacific Seller Training Center officially opened

On March 28, Amazon Global Store Opening Asia Pacific Seller Training Center was officially launched today. This is the first comprehensive seller training center for Amazon Global Store Opening in the world, and it is another important milestone in the five years since the launch of the official seller education project. It is understood that the training center is located in Hangzhou and will be based in China and radiate to many countries and regions in the Asia-Pacific region. It is an important base for the cultivation and reserve of professional, international and composite cross-border e-commerce talents. Relying on the training center, Amazon Global Store Opening will comprehensively upgrade the existing seller training system and mechanism from four dimensions: training projects, course content, talent community and innovation incubation. In 2023, it is expected that nearly 5 million people will be trained in total, that is, 1 person will participate in the study of Amazon's global store-related courses every 6 seconds. (Qianjiang Evening News)

10. Shopee Philippines adjusts 4.4 major promotion logistics shipment time

On March 29, Shopee Philippines Station recently issued a notice on adjusting the number of days for logistics shipments for 4.4. With the arrival of the 4.4 promotion, Shopee is fully prepared to fully support the seller's store operation. In order to improve shipment efficiency, the platform has adjusted the relevant time for "logistics pickup" and "seller shipment". It should be noted that in order to focus on shipping large packages, Shopee Philippine Station XDE has stopped receiving small packages below 15kg. To prevent the system from accidentally distributing packages with inappropriate weight to the logistics, please check whether the weight setting is correct to avoid rejection. (Shopee Philippine e-commerce platform)