#Laogao E-commerce Newsletter# [March 30 E-commerce Morning News]

Morning information:

1. Brand store encounters "fried shop" Pinduoduo waiter angrily scolded: Please stand in the sun;

2. Suning.com plans to open 2,000 new retail cloud stores;

3. Wish will start the "Wishmas" shopping event tomorrow;

4. Tencent Vice President Xie Xiaohu resigned;

5. Kuaishou CEO Cheng Yixiao: Will invest in generative AI-related technological innovation for a long time...

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

E-commerce newsletter

1. TikTok Life Service 2023 "Home Brand Carnival" launch conference will be held on March 31

On March 29, Douyin Life Service will work with business departments at all levels to hold the launch conference of the 2023 "Home Brand Carnival" in Beijing on March 31. At that time, representatives from all parties will officially launch the "Xindong Time-honored Brand" project at the conference site. The "Xindong Time-Home Brand" project focuses on three major theme plans: time-Home Brand, national tour, time-Home Brand, brand communication, time-Home Brand, and comprehensive support. The project is expected to launch three phases of activities in 2023, and cooperate with hundreds of time-honored brands and thousands of experts throughout the year to launch a "happy time-honored brands" through the traffic of hundreds of millions of platforms. (Tik Tok App)

2. Bonai Life Network launches new Moutai ice cream products worldwide

On March 29, the new Moutai ice cream product with the appearance of Moutai mini wine bottle was launched tonight on Benlai Life Network. In addition to the three traditional flavors of last year's classic original flavor, green plum wine and vanilla, this time, three new flavors of yogurt, matcha and blueberry juice snow puree were launched, and 2% of vol Kweichow Moutai wine was added to all three new flavors. It is understood that this new Moutai ice cream product is based on product attribute innovation. The three new flavors of blueberry, yogurt and matcha correspond to three new types: clear snow mud, clear full cream fermented milk ice cream, and clear full cream ice cream. (Originally released)

3. Suning.com plans to open 2,000 new retail cloud stores

The exchange meeting made it clear that in 2023, Retail Cloud will deepen manufacturer cooperation and concentrate on creating hundreds of C2M customized new products for full-category home appliances to help competitive brands and products achieve rapid channel sinking. In response to the consumption of emerging home appliance categories, retail cloud has comprehensively accelerated the entry of trendy home appliance products such as integrated stoves, wash-drying covers, central air conditioners, etc., set up brand sales benchmark stores to enhance the store's front-end customer acquisition capabilities. (China Economic Network)

4. JD.com Home: The number of pre-order users of Huawei P60 series new phones increased by 360% year-on-year

On March 30, JD.com will launch the Huawei P60 series new phones simultaneously on the entire network at 10:08 on March 30, and join hands with more than 2,000 Huawei official authorized experience stores across the country to fully stock consumers.

Consumers can use JD Home App. Click on the homepage of JD App to enter the city tag above or search for "Huawei Hour Da" on the homepage, and choose to place an order in one click at the nearest Huawei official authorized experience store, ship it from the store after opening and selling, and it will be delivered to consumers by Dada Express Knight, achieving the fastest delivery of new phones at the fastest minute level. (Tianji.com)

5. Brand store encounters "fried shop" Pinduoduo waiter angrily: Please stand in the sunshine

On March 29, in response to the recent incident of dozens of brand stores on Pinduoduo platform, a Pinduoduo waiter posted on WeChat Moments that this is the most exaggerated malicious store smashing incident that has been experienced since his career. The platform has fixed relevant evidence and will firmly resort to judicial authorities.

It is understood that since March 28, dozens of brand stores on Pinduoduo platform have been successively "fried stores" by a large number of unidentified personnel. Some brand stores have to temporarily close their business in order to protect themselves to avoid further losses. Pinduoduo waiter said that some people mobilized through short video platforms and social media, and organized and premeditatedly launched a "shop bomb" campaign against dozens of brand stores on the platform. They first concentrated on placing a large number of malicious orders, then quickly returned the order, almost "smashing" the store, and at the same time insulted the customer service staff of the brand store.

In response, Pinduoduo waiter said that the platform has fixed relevant evidence and will resolutely resort to judicial organs. For brand stores that have encountered "fried stores", the platform will bear all losses. In addition, the platform will further increase the capital and manpower investment of the brand store system to maintain the prosperous brand store system.

Pinduoduo waiter angrily criticized on his circle of friends that the "fighting shops" behavior has broken the bottom line so much and is unheard of. "Destroying others will not make you better. Being stubborn and not really letting you be invisible. Please stand in the sun!" He also claimed that the platform will firmly fight against these despicable and despicable actions that break through the bottom line to the end. (Hexun.com)

Internet news

6. Zhou Hongyi demonstrated the self-developed ChatGPT model on the spot

On March 29, the 2023 Digital Security Development and Summit Forum was held in Beijing. Zhou Hongyi, founder of 360, delivered a speech on the topic of "Big Language Model Leads the Industrial Revolution" and gave a special "Eastern Egg" demonstration. During the demonstration, Zhou Hongyi opened 360 browser on the spot. The option "360AI" appeared on the right side of 360 browser, which is similar to ChatGPT's role in Bing browser. This AI model can generate automatic reply when users enter questions. Zhou Hongyi emphasized that this time is not a real product launch, but just a demonstration of the current prototype of the product to the audience. (Beijing News)

7. Tencent Vice President Xie Xiaohu resigned

According to "LatePost" on March 30, Tencent Vice President and PCG Information and Service Line Head Xie Xiaohu has left office and is not clear where to go next. Xie Xiaohu joined Tencent in September 2020 and served as the company's vice president, responsible for the functions related to PCG technology lines. After taking over as PCG information and service line in December 2021, he managed QQ browser, Sogou search, Sogou input method and other businesses. (LatePost later)

8. Most popular Chinese stocks rose on Wednesday, Monster Charging rose by more than 6%.

According to reports on March 30, most popular Chinese stocks rose, and the Nasdaq Golden Dragon Index rose 0.64%. Kingsoft Cloud rose by more than 20%, Xinyang rose by more than 7%, Monster Charging rose by more than 6%, Dajian Cloud Warehouse and Manbang rose by more than 4%, Dada Group, Lanting Jishi, Financial One Account, Qudian, and Yixian E-commerce rose by more than 2%, Dingdong Maicai, Alibaba, Tuniu, Ctrip, and BOSS Direct Recruitment rose by more than 1%. (Sina Finance)

9. Kuaishou CEO Cheng Yixiao: Will invest in generative AI-related technology innovation for a long time

According to reports on March 29, Kuaishou Technology released its fourth quarter and full-year results for 2022. In the LLM direction, Kuaishou launched a series of special projects at the end of last year, covering LLM model training, automatic copywriting creation, dialogue system development, cross-modal content generation and other fields. He said, "In the future, the business scenarios of generative AI and Kuaishou will have a very rich combination and huge value potential. We will reasonably allocate manpower and resources, and invest in innovative breakthroughs in related technologies for a long time and organic integration with the business." (Daily Economic News)

Cross-border newsletter

10. Wish will start the "Wishmas" shopping event tomorrow

On March 29, Wish announced that it will hold a week-long "Wishmas" shopping event tomorrow, the first of a series of large-scale shopping events planned by Wish in 2023. From March 30 to April 5, consumers can enjoy large discounts when purchasing products on the Wish platform, and the platform will launch new "super discounts" of up to 40% every day. (wish)