Evening information:
1. Kuaishou's total e-commerce commodity transaction volume in 2022 exceeded 900 billion yuan;
2. Kuaishou's revenue in 2022 reached 94.2 billion yuan, the average monthly active user scale reached 640 million;
3. TVB announced that it will increase its investment in Taobao live broadcast;
4. The Amazon logistics warehousing capacity policy will be available on May 1st;
5. WeChat tries to launch Palm Payment Service...
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E-commerce newsletter
1. Kuaishou's revenue in 2022 reached 94.2 billion yuan, with an average monthly active user scale of 640 million yuan.
On March 29, Kuaishou released its fourth quarter and full-year results for 2022, with total annual revenue reaching 94.2 billion yuan, a year-on-year increase of 16.2%, surpassing the Bloomberg market consensus estimate of 14.8%. In the same period of 2021, the domestic business operating loss was 8.68 billion yuan. Kuaishou's average daily active users increased by 13.3% year-on-year to 366 million, and the average monthly active users reached 640 million. As of the end of December last year, the number of users who pay attention to each other reached 26.7 billion, an increase of 63.4% year-on-year. The Q4 performance released by Kuaishou shows that online marketing services (advertising) revenue reached 15.1 billion yuan, and annual online marketing services revenue reached 49 billion yuan in 2022. (Kuaishou Technology)
2. Kuaishou's total e-commerce commodity transaction volume in 2022 exceeded 900 billion yuan
According to reports on March 29, Kuaishou closed 28.3 billion yuan in the fourth quarter of 2022, with revenue of 24.43 billion yuan in the same period last year, with market expectations of 27.27 billion yuan; net loss in the fourth quarter was 1.5 billion yuan, with an estimated loss of 1.84 billion yuan. The average daily active users and average monthly active users of Kuaishou App in the fourth quarter of 2022 hit record highs of 366.2 million and 640 million, respectively, up 13.3% and 10.7% year-on-year respectively. In the fourth quarter of 2022, the total amount of e-commerce commodity transactions maintained a rapid growth, with a year-on-year increase of 30%. The total amount of e-commerce commodity transactions successfully exceeded RMB 900 billion. (Kuaishou Technology)
3. TVB announces increasing investment in Taobao Live
On March 29, TVB announced that it will increase its investment and introduce more of its artists to start broadcasting on Taobao. Peng Mingye, the head of TVB's e-commerce business, said that in the future, more artists will form groups to "enter Taobao" to open personal live broadcast accounts, or join content e-commerce products as the main creator. TVB will also entice more resources to Taobao live broadcast to create the most influential anchor matrix. After TVB first appeared in Taobao, it caused continuous rise in stock prices. (Interface News)
4. Alibaba will hold a conference call on March 30 to discuss the new organization and governance structure
Alibaba's official website announced that it will hold a conference call at 8:00 am on Thursday, March 30, 2023 to discuss the new organizational and governance structure. Alibaba recently announced a new organization and governance structure. Alibaba said that its purpose is to promote various businesses to become more agile, shorten decision-making links, and enable companies to respond to market changes faster. By seizing their respective market and industry opportunities, it will further unleash the value of Alibaba Group's various businesses. (Yien.com)
Internet news
5. Alipay upgrades the ecological service provider system to provide 6 major support for over 10 billion yuan
On March 29, the Alipay platform announced on March 29 that it will upgrade the ecological service provider support system, and through six major support including technical support, product opening, training system, traffic opening, cash and policy support, and marketing resources, it will help service providers achieve rapid cold start, accurate customer acquisition and improve commercial monetization capabilities. It is reported that the cash part of the entire assist plan plus traffic support policies is expected to exceed 10 billion yuan. At the same time, the Alipay platform and service providers plan to build a total of 1,000 digital solutions with large-scale business potential to enhance the market competitiveness of service providers. (Tonghuashun Finance)
6. WeChat tries to launch Palm Payment Service
On March 29, the 2023 WeChat Open Class PRO·WeChat Agreement officially started in Guangzhou a few days ago. The person in charge of video accounts, WeChat payment, mini programs, Souyisou, Enterprise WeChat, etc. announced a series of new plans and new capabilities in the future on the spot. Among them, Zhang Ying, vice president of Tencent and head of WeChat Pay, said that WeChat Pay has begun to try to launch the "WeChat Palm" service. In addition, Zhang Ying introduced the achievements of WeChat Pay in the past year. Currently, WeChat’s cross-border payment business has covered 69 countries and regions around the world, with a total of more than 1,000 overseas cooperative institutions and has connected more than 4 million overseas merchants. (Live broadcast)
7. Former Sogou CEO Wang Xiaochuan established an artificial intelligence company with a registered capital of 5 million yuan
According to the news on March 29, Tianyancha App, the Tianyancha App recently, Wuji Intelligent Technology Co., Ltd. was established, with the legal representative being Wang Xiaochuan, with a registered capital of 5 million yuan. The business scope includes artificial intelligence application software development; artificial intelligence dual innovation service platform; artificial intelligence theory and algorithm software development; artificial intelligence general application system; artificial intelligence public data platform; artificial intelligence hardware sales, etc. Shareholder information shows that Wuji Intelligent (Beijing) Technology Co., Ltd. is jointly held by Wang Xiaochuan and Ru Liyun, of which Wang Xiaochuan holds 99% of the shares and serves as the company's executive director and manager. (Tianyan Check)
8. Alibaba established Lingyang Digital Technology Company in Shanghai
On March 28, Shanghai Lingyang Digital Intelligent Technology Co., Ltd. was established with a registered capital of RMB 1 million. The legal representative is ZHEN RIXIN. The business scope includes technical services; software development; computer software and hardware and auxiliary equipment retail; terminal metrology equipment sales; Internet of Things equipment sales; data processing and storage support services, etc. The equity penetration chart shows that the company is a wholly-owned subsidiary of Hangzhou Lingyang Intelligent Services Co., Ltd., which is indirectly wholly-owned by Alibaba (China) Co., Ltd. (financial)
Cross-border newsletter
9. Amazon logistics warehousing capacity policy will be available on May 1st
On March 29, Amazon officially announced a new storage capacity management policy in January this year - Amazon logistics storage capacity, providing sellers with higher stability and predictability in inventory. It is understood that the original replenishment restrictions and quarterly warehousing restrictions under the new storage capacity management policy will be merged into a unified Amazon logistics storage capacity, which determines the seller's shipment limit and warehousing limit, which can help Amazon manage unexpected warehousing demand surges, thereby operating the delivery network efficiently and delivering sellers' products to buyers faster. (Opening a store on Amazon worldwide)
10. Alibaba International Station will remove TIEXIONG TX-N02 anti-particle filter masks and other products
Alibaba International Station today released a recall announcement on TIEXIONG TX-N02 anti-particle filter mask product. The announcement shows that the product risk description of TIEXIONG TX-N02 anti-particle filter mask: This product does not meet health and safety requirements. Inadequate retention of the particles/filters of the material, even if combined with other measures, does not provide proper protection and poses a health risk. (ENECNEWS)
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