Morning Information
1. JD.com Industrial Development JD.com plans to go public in Hong Kong, and JD.com will achieve "1+6" ahead of Alibaba;
2. Wish starts Wishmas spring promotion: all shipping fees for orders that meet the conditions are exempt;
3. From April 14, the Japanese website will update and optimize the "Search and Browse Listing" page;
4. Amazon Prime Day flash sale report begins;
5. Zhong Xuegao opened for sale at 3.5 yuan ice cream mainly for offline sales...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. JD.com Industrial Development JD.com plans to go public in Hong Kong, and JD.com will achieve "1+6" ahead of Alibaba.
On March 30, JD.com and JD.com Industry, a subsidiary of JD.com Group, officially submitted A1 application documents to the Hong Kong Stock Exchange, disclosing their business composition and operating data for the first time. Affected by this, JD.com's U.S. stocks rose 7% on the opening day, and its stock price once surged to US$44.7 in the session. On the same day that JD.com and JD.com Industry submitted their prospectus to the Hong Kong Stock Exchange, Alibaba Group also launched the "1+6+N" organizational change and stated at an investor call that its business seeks the possibility of listing. However, Cainiao later said in response to media news that there is no clear plan or timetable yet. (Wall Street News)
2. Ali Healthy Xiaolu Traditional Chinese Medicine becomes the official release platform for Jin Bianque’s top 100 traditional Chinese medicine list
On March 30, the industry's first traditional Chinese medicine list selected by user reputation - the 2023 Jin Bianque Top 100 Traditional Chinese Medicine List, released in Beijing on March 30. Ali Healthy Xiaolu Traditional Chinese Medicine is the official release platform for the top 100 traditional Chinese medicines in Jin Bianque. The 2023 Jin Bianque's Top 100 Traditional Chinese Medicine List was officially released by the Traditional Chinese Medicine Industry Information Branch of the China Medical News Information Association under the guidance of the China Medical News Information Association. It aims to help more patients find the right Chinese medicine around them easily, and also allow more good Chinese medicines with good reputation to be seen. (Ali Health)
Internet news
3. Zhong Xue Gao opened for sale of 3.5 yuan ice cream mainly for offline sales
On March 30, at the Zhong Xuegao Product Launch Conference, founder Lin Sheng introduced that Zhong Xuegao launched an ice cream Sa'Saa made of AI. The name of the ice cream is AI-designed, the packaging is AI-designed, and the taste is recommended by AI. According to reports, the price of this ice cream is 3.5 yuan. The outside world believes that this means that Zhong Xuegao has begun to take the route of lower prices and civilians. In addition, Zhong Xuegao also launched the high-end dessert "Dansheng" series at the same time. (Notes from Bird Brother)
4. Tencent is developing ChatGPT chatbots
On March 30, Tencent Group's senior executive vice president and CEO of the Cloud and Smart Industry Business Group said that Tencent is developing ChatGPT chatbots. Regarding whether Tencent’s chatbot is integrated into QQ and WeChat, or to serve B-end users through Tencent Cloud, Tang Daosheng said: “There will be them.” (Pengpai News)
5. Cainiao responds to preparing for Hong Kong IPO: There is no clear plan and timetable yet
According to reports on March 30, it was reported that Alibaba's logistics business department is preparing for the IPO in Hong Kong. Banks, including CICC and Citigroup, are working with Cainiao Network to prepare for the initial share sale, people familiar with the matter said. One of the people familiar with the matter said Cainiao Network's goal is to go public as early as the end of this year. People familiar with the matter also said that the current valuation of the rookie exceeds US$20 billion. In response, the rookie responded that there is no clear plan or timetable yet. (China News Service)
6. Naixue's Tea's revenue in 2022 increased to 56.6 million members
On March 30, Naixue’s Tea released its 2022 performance announcement. The announcement shows that Naixue's total tea revenue in 2022 was RMB 4.2916 billion, a year-on-year decrease of 1%. In terms of store data, as of December 31, 2022, Naixue's Tea has 1,068 direct-operated stores in 89 cities across the country, making it the largest direct-operated tea brand, with a store operating profit margin of about 11.8%. At the same time, the number of registered members of Naixue's Tea increased to about 56.6 million in 2022, an increase of about 30.7% from 43.3 million in 2021, and the monthly repurchase rate of members increased to 26.3%. (Naxue's Tea)
7. Bilibili CEO Chen Rui: ChatGPT-related video playback volume exceeds 200 million in 2022
On March 30, the 10th China Online Audio-Visual Conference officially opened in Chengdu today. Chen Rui, Chairman and CEO of Bilibili, delivered a keynote speech on "Two-way rush of science and technology and youth". Chen Rui said that technology videos have become one of the most popular contents for users on Bilibili. At the end of the speech, Chen Rui said, "I believe that users will eventually love platforms that can help them grow. The platform will also grow with users by bringing valuable content to users and becoming a long-term and healthy company. This is our understanding of good content and our understanding of the platform." (China Radio Network)
Cross-border newsletter
8. Wish starts Wishmas spring promotion: all shipping fees for qualifying orders are exempted
On March 30, Wish, a global mobile cross-border e-commerce platform, announced the launch of a one-week Wishmas promotion. In the 7 days of the Wishmas sale, more than 500,000 discounted items were sold on Wish.
It is reported that from March 30 to April 5, Wish platform will launch "super special" products with a minimum discount of 30% every day, covering many popular categories. In addition, all orders that meet the conditions can also be shipped for free.
"Eligible Order" refers to an order delivered to the core market, and the products in the order are shipped by mainland Chinese merchants and distributed using Wish A+ logistics. It is understood that Wishmas is one of its series of major shopping festivals launched this year.
It is reported that this Wishmas promotion is another move launched by Wish after announcing fixed shipping fees last month. In Wish core market, "qualifying orders" can enjoy a fixed shipping discount. The move is part of Wish's extensive efforts to improve the logistics experience. In recent months, Wish's on-time delivery rate has increased significantly, and the arrival time has been greatly shortened (main markets are only 15 days). (China Daily)
9. Amazon Prime Day flash sale report begins
According to reports on March 30, Amazon's Prime Day flash sale report this year has begun. The seller's backend flash sale page shows: "Submit recommended promotions before May 12, 2023 to have the opportunity to be selected for the Prime Member Day event week." This means that the latest time for sellers to submit is May 12.
It is reported that this Prime membership day is after May 21. Eligible flash sale will display "Amazon Prime membership day period" in the corresponding position. Asin with recommendations only needs to submit it normally. (Must read across borders)
10. From April 14, the Japanese website will update and optimize the "Search and Browse Listing" page.
Amazon Japan website issued an announcement stating that from April 14, 2023, Amazon Japan website will make changes and optimizations to the "Search and Browse Listing" page. Specifically, Amazon added the phrase "suspected violation of applicable laws or policies" as search results. Amazon expects sellers to comply with all applicable laws and policies to provide a fair and trustworthy buyer experience. (ENECNEWS)
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