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#Laogao E-commerce Newsletter# [October 26 E-commerce Morning News]

2021-10-26

Morning news: ByteDance audio solution platform is expected to be launched after the year; Cainiao Double 11 announced measures: Seven major overseas distribution centers are launched; Amazon surpasses FedEx to become the third largest parcel express company in the United States; Walmart once again responds to Sam's suspected "choose one of two": no questions raised by the relevant parties after self-inspection; Tesla's market value exceeded one trillion US dollars for the first time, second only to Apple, Microsoft, Google and Amazon...



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1. ByteDance Audio Solution Platform is expected to be launched after the New Year


According to reports on October 25, it is reported that recently, during the 8th China International Copyright Expo, the audio solution platform "YiSong Easy Ode" developed by ByteDance has attracted attention from the copyright industry. It is understood that the platform integrates music content provision and intelligent creation of music content, and can provide users with tens of thousands of first-byte-Day's own audio and customized audio content, including high-quality music from ByteDay's BCD Studio brand. The relevant person in charge of the platform said, "YiSong is expected to be launched in early 2022, and registered users can experience various intelligent audio editing functions for free." (E-commerce News)


2. Xiaomi and JD.com cooperate to launch the "Credit Trial" event


On October 25, according to the official Weibo of JD Mobile Communications, Xiaomi cooperated with JD to launch a new product called "credit trial" for replacing services with confidence, adopting a trial-first and then buying model. According to reports, if you search for "credit test" on JD.com, you can participate in the 0 yuan trial of many Xiaomi phones, including Xiaomi MIX FOLD, and you can try it for 7 days. It is understood that Xiaomi MIX FOLD was released on March 30, 2021. It is Xiaomi's first folding screen mobile phone, equipped with Qualcomm Snapdragon 888 chip, built-in 5020mAh battery, and supports 67W fast charging. (E-commerce News)


3. Cainiao Double 11 announced measures: Seven overseas distribution centers are launched


On October 25, Cainiao Network recently announced a number of measures during Double 11: over 300 charter flights, the launch of seven overseas distribution centers, smart contracts covering 50 countries, "necessary compensation" service, and full custody service for optimal warehouse performance. It is understood that the seven distribution centers of Cainiao Global Parcel Network are located in Liège, Belgium, Madrid, Spain, Paris, France, Bremen, Germany, Rome, Italy, Budapest, Hungary, and Moscow, Russia. They will be officially opened before Double 11. Currently, the peak of the total sorting capacity of the four distribution centers in Spain, France, Germany and Italy is about 500,000 parcels per day. (E-commerce News)


4. SF Express launches new "exclusive urgent items" business


According to reports on October 25, it is reported that recently, SF Express launched a new high-end business - "exclusive emergency package". Before that, SF Express's express delivery services were mainly divided into three categories: "SF Express Today", "SF Express Express" and "SF Express". It is understood that "exclusive emergency parts" is a high-time delivery service for ShiFeng to transport room temperature/temperature-controlled goods and high-value goods provided by individual users. It can undertake entrusted goods containing drugs, temperature-controlled vaccines, factory spare parts and other items. SF Express will also provide full-process express delivery routing monitoring, airport tarmac monitoring loading and unloading, and provide real-time feedback to each link node. (E-commerce News)


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5. Walmart responded again to Sam's suspected "choose one of two": no questions raised by the relevant parties after self-inspection


On October 26, Walmart issued a statement to respond again in response to Carrefour and Hema's criticism of Sam's alleged "choose one of two". In a statement, Walmart stated that all discussions that attract public attention should first be based on facts and start from the overall situation of promoting the healthy and healthy development of the industry, protecting consumer interests, and maintaining fair competition and harmonious development in the market. So far, no direct or indirect fact has been seen on the relevant parties, indicating that there is a so-called "one-one" problem in Sam's membership store. After learning about this rumor, we immediately conducted a self-inspection. (E-commerce News)


6. Amazon surpasses FedEx to become the third largest parcel express company in the United States


On October 26, the latest data from Pitney Bowes, a global freight and e-commerce tracking company, shows that Amazon has surpassed FedEx to become the third largest parcel express company in the United States. Data shows that Amazon's parcel volume increased the largest year-on-year last year, an increase of 127% from 1.85 billion parcels in 2019. USPS delivers the most packages, reaching 7.6 billion, followed by UPS, Amazon and FedEx. Pitney Bowes said the four companies account for a combined 99% of the U.S. market. Among them, USPS accounts for 38%, UPS accounts for 24%, Amazon accounts for 21%, and FedEx accounts for 16%. (E-commerce News)


7. Walmart launches WFS delivery service in Mexico


On October 25, Walmart recently launched a WFS delivery service in Mexico, allowing third-party sellers of its platform to store their inventory in the Walmart delivery center. WFS selects, packs and ships items on behalf of sellers, and WFS will also process all customer service and order returns. Currently, WFS services are operating in Walmart Mexico City’s distribution center, with 25% of third-party sellers already delivering through their delivery network. Data shows that in the third quarter of this year, Walmart in Mexico and Central America reached Pesos 174.577 billion, an increase of 6.4% compared with the same period last year.


8. Amazon Europe website will delete products that do not provide compliance documents.


On October 25, Amazon Europe recently issued an announcement requiring all suppliers and sellers identified as high-risk food supplements to provide safety and compliance documents. The announcement shows that starting from November 2021, if Amazon does not receive the corresponding documents, the relevant product Listing will be deleted. Merchants who do not require compliance documents must also follow Amazon's food and food supplement policy. Sellers can view their compliance status in the Supplier Center and Seller Center and upload all identified product Listing documents. (E-commerce News)


Internet Information


9. Cainiao Double 11 announced measures: Seven overseas distribution centers are launched


On October 25, Cainiao Network recently announced a number of measures during Double 11: over 300 charter flights, the launch of seven overseas distribution centers, smart contracts covering 50 countries, "necessary compensation" service, and full custody service for optimal warehouse performance. It is understood that the seven distribution centers of Cainiao Global Parcel Network are located in Liège, Belgium, Madrid, Spain, Paris, France, Bremen, Germany, Rome, Italy, Budapest, Hungary, and Moscow, Russia. They will be officially opened before Double 11. Currently, the peak of the total sorting capacity of the four distribution centers in Spain, France, Germany and Italy is about 500,000 parcels per day. (E-commerce News)


10. Tesla's market value exceeded $1 trillion for the first time, second only to Apple, Microsoft, Google and Amazon


On October 26, US stocks closed on Monday, Tesla rose 12.66% to US$1,024.86, with a total market value exceeding US$1,03 trillion. Tesla surpassed Facebook to become the fifth largest listed company in the United States after Apple, Microsoft, Google and Amazon. According to documents submitted by Tesla to the SEC, in the third quarter of this year, Tesla's revenue in the Chinese market reached US$3.113 billion, a year-on-year increase of 78.5%. In the first three quarters of this year, Tesla achieved revenue of US$9.015 billion in China, accounting for about 25% of Tesla's global revenue. (E-commerce News)



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