#Laogao E-commerce Newsletter# [E-commerce Morning News on April 13]

Morning information:

1. Taobao and Tmall Super Savings Festival start investment, Juhuasuan cancels 3 types of fees;

2. JD Logistics organization adjustment: Establish four independent business departments and cancel seven regional branches;

3. Crazy Brother Yang said he would open an e-commerce company on TikTok;

4. The small commodity city hit the daily limit today, and the Shanghai Stock Connect special purchase was 91.154 million yuan and sold 61.01 million yuan;

5. Amazon Japan Station releases important notices on LINE official account

...

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1. JD Logistics Organization Adjustment: Establish four independent business units and cancel seven regional branches

According to the report on April 12, according to LatePost, JD Logistics is undergoing a new round of organizational adjustments: establishing four independent business departments including supply chain, express delivery, express transportation, and international business. At the same time, JD Logistics has also canceled the regional organization model originally divided by seven major regions. In the future, each province will become an independent business unit, and the provincial heads will have greater rights to make business decisions, management, personnel appointments and removals, and will report directly to the heads of relevant business departments of the headquarters. It is reported that this organizational adjustment does not involve personnel layoffs. JD Logistics' 2022 annual performance report shows that JD Logistics' revenue in 2022 reached 137.4 billion yuan, a year-on-year increase of 31.2%. (LatePost later)

2. Taobao and Tmall Super Saving Festival start investment and Juhuasuan cancels 3 types of fees

According to April 13, Taobao and Tmall Super Favorite Festival have started investment promotions for merchants at 12:00 on the 12th. At the same time, as a classic marketing platform within Taobao, Juhuasuan and 10 billion subsidies, have also ushered in upgrades. Regarding the new changes in the rules and gameplay of the Super Budget Festival, the new opportunities brought to merchants, and the methods of merchants to participate in and prepare for this platform-level promotion, Qianniu Toutiao interviewed Juhuasuan and the waiter with a 10 billion subsidy, and a certified lecturer of Taobao Education. Juhuasuan waiter Yumi said that Juhuasuan upgrades, first, the first is the revision and reduction of merchant fees. (Qianniu Headlines)

3. Crazy little brother Yang said he would open an e-commerce company on TikTok

Crazy Brother Yang recently responded in a live broadcast to open a Hangzhou branch, saying that he will be renamed Sanhua Holdings Group in July, and the Sanhua Sheep in Hefei will be the global headquarters in the future, because there will also be e-commerce behind TikTok. "We settled in Hangzhou to integrate better resources and introduce products, brands, talents and other resources into our hometown Anhui." (ENECNEWS)

Internet news

4. The first flower "Hema Village" in central China will be unveiled on April 14

On April 12, the unveiling ceremony of the first flower "Hema Village" in central China will be held on April 14. At the same time, Hema Fresh will sign a contract with Lichuan Yunshang Agricultural Technology Co., Ltd. It is understood that on March 22, Yueya Flower Base in Zhonglu Town, Lichuan City, Hubei Province received news from Hema Fresh, saying that the base was awarded the plaque as "Hema Village". From 2016 to the present, more than 150 flowers have been trial-planted in Yueya flowers. Currently, more than 2,000 mu of land have been transferred, and more than 10 varieties have been selected for batch planting, realizing order planting and large-scale wholesale, becoming the only Hema Village in Central China. (No. Waizhong Road)

5. Jitu Express Thailand's fourth anniversary report card: parcel volume increases by 25% in 2022

According to April 12, Jitu Express announced Thailand's fourth anniversary report card today. Jitu Thailand's largest transshipment center covers an area of ​​more than 100,000 square meters and is equipped with Southeast Asia's leading automated sorting equipment. Thanks to this, Jitu’s full-time efficiency in Thailand in 2022 increased by 19% year-on-year, and the parcel volume increased by 25%. Through its self-built fleet, Jet Transport, Jitu’s express delivery service in Thailand covers 77 prefectures, 928 districts and counties, including remote areas. Jitu Thailand insists on 365 days of all year round, supporting 24-hour telecommunication services and one-to-one VIP customer service. (Jirakubebeat)

6. Xiaopeng Motors' organizational adjustment has been completed

On April 12, Xiaopeng Motors released its 2022 annual report, showing that Wang Fengying became president, and other core executives continued to hold their original positions. In this regard, Xiaopeng Motors said, "The phased organizational structure adjustment has been completed. Under a more streamlined and more efficient organization and a more competitive talent system, we are full of confidence in the growth of market share and the recovery of sales." The report shows that as of December 31, 2022, Xiaopeng Motors' total revenue in 2022 was 26.86 billion yuan, an increase of 28.0% year-on-year; for the year ended December 31, 2022, the automobile sales revenue was 24.84 billion yuan, an increase of 23.9% year-on-year. (Xiaopeng Motors)

7. Small Commodity City hit the daily limit today, and Shanghai Stock Connect special purchases 91.154 million yuan and sells 61.01 million yuan.

On April 12, the Small Commodity City hit the daily limit today. Data from the Dragon and Tiger List showed that the sales department seats on the list sold 569 million yuan throughout the day, accounting for 25.52% of the total transaction amount on the day. Among them, the purchase amount was 320 million yuan, the sale amount was 249 million yuan, and the total net purchase was 70.4294 million yuan. Specifically, institutions bought 57.7393 million yuan and sold 114 million yuan, with a total net sale of 56.4522 million yuan. In addition, the Shanghai Stock Connect Special and Huatai Securities Wuxi Financial First Street Securities Branch bought RMB 91.154 million and RMB 70.0828 million respectively; the Shanghai Stock Connect Special and Ping An Securities Jiangsu Branch sold RMB 61.01 million and RMB 25.6139 million respectively. (Interface News)

Cross-border newsletter

8. Wish announces a 1:30 reverse stock split

After the reverse split, the CUSIP number of common stock is 21077c305. This reverse split is intended to re-comply with the minimum bidding requirements for continuing to list on the Nasdaq Global Select Market. Previously, Wish shareholders approved the reverse stock split at the annual general meeting held on April 10, 2023, and the final ratio is decided by the company's board of directors. The reverse split will not reduce the number of authorized shares of the company's common stock, will remain at 3 billion shares, nor will the face value of the common stock, and will remain at $0.0001 per share. A reverse split of 30 shares to 1 share will automatically convert 30 shares of the company's common stock into a new common stock. (wish)

9. Amazon Japan Station releases important notices on LINE official account

On April 13, Amazon Japan Station recently issued an announcement stating that the platform has begun to release new notifications on its official LINE account, specifically used to publish important notifications operated by Amazon listing services. At the same time, Amazon will also notify sellers of relevant measures on LINE. Sellers need to use LINE official account to avoid missing important notifications related to the seller's account in the future. Not all types of notifications and everything can be viewed on LINE, so be sure to check out the seller's email and seller center as usual. (Amazon Seller Forum)

10. TikTok invites American sellers to test in-app shopping

On April 12, TikTok is reportedly inviting new sellers to test their in-app shopping features in the United States, providing them with a large amount of shipping and sales subsidies, and providing users with coupons to promote sellers' sales. At the same time, TikTok has also launched a new Internet celebrity marketing channel. The platform is testing an affiliate marketing program for content creators in the United States. (insider)