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E-commerce newsletter
1. "Liu Yiwei-Hongqi Selection" will usher in its first Taobao live broadcast show on April 24
According to April 22, "Liu Yiwei-Hongqi Selection" will make its Taobao live broadcast debut on April 24. The live broadcast room manager is Liu Yiwei, from Chengdu, Sichuan. He became famous for hosting CCTV's "Everyday Food". The program "Daily Food" combines cooking skills with food culture, making home-cooked dishes and talking about home-cooked things. Liu Yiwei's Taobao live debut will recreate the Trump version of "Daily Food", and sells goods while cooking in the live broadcast room. The goods on the live broadcast room are expected to be Sichuan's local specialty products, many of which come from the fields of Sichuan. (Taobao Live)
2. Antarctic E-commerce’s GMV on Pinduoduo platform in 2022 will be 10.57 billion yuan
According to April 22, Antarctic E-commerce recently released its 2022 annual report. In 2022, Antarctic E-Commerce achieved operating income of 3.31 billion yuan, a year-on-year decline of 14.88%; net profit attributable to shareholders of listed companies was -298 million yuan, a year-on-year decline of 162.52%; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was -354 million yuan, a year-on-year decline of 179.29%; net cash flow generated by operating activities was 575 million yuan, a year-on-year increase of 51.27%. Antarctic E-commerce can count the GMV in various e-commerce channels in 2022, a year-on-year decrease of 20.16%. (Antarctic E-commerce)
3. Kuaishou E-commerce adds new store experience points
The announcement stated that in order to protect consumer rights, regulate merchants' business behavior, help merchants quickly analyze and diagnose store experience problems and guide solutions, the "Kuaishou Store Shopping Experience Sub-assessment Rules" are now revised. The higher the score, the more equity support the platform provides. The new regulations adjust the scope of application, indicator composition, indicator weight, calculation logic, and application rules in the original "Kuaishou Store Shopping Experience Sub-assessment Rules". This rule is currently in the public notice period, which is from April 21, 2023 to April 28, 2023. The rule is expected to take effect on April 28, 2023. (Kuaishou E-commerce)
4. Kuaishou e-commerce has added new reputation points for selling goods
On April 22, Kuaishou E-commerce recently issued a new announcement on the "Rules for the Management of Reputation of Expressions of Kuaishou Stores". The announcement stated that in order to protect consumer rights, regulate the business behavior of experts, and help experts quickly analyze and diagnose experience problems during the sales process and guide solutions, the "Kuaishou Store Shopping Experience Sub-assessment Rules" are now revised. The word-of-mouth score for selling goods (original shopping experience score) is a comprehensive indicator for feedback on the service and business capabilities of experts, mainly composed of content dimensions, product dimensions and service dimensions. The higher the reputation of selling goods, the more rights and interests the platform provides. This time, the adjustments are mainly made in five aspects: scope of application, indicator composition, indicator weight, calculation logic, and application rules. The rules are currently in the public notice period, from April 21, 2023 to April 28, 2023. The rules are expected to take effect on April 28, 2023. (Kuaishou E-commerce)
5. Slam dunk masters top Taobao hot searches
According to April 21, the movie "Slam Dunk" was released a few days ago. After the movie was released, the search volume around Slam Dunk Masters on Taobao surged, soaring on Taobao's hot search list, and directly topped the Taobao hot searches on the evening of the 20th. It is reported that there are many search terms related to Slam Dunk on Taobao, with search volume increasing by more than 287% within 7 days, driving the entries to continue to rise on Taobao's hot search list recently. According to Taobao staff, the most obvious growth fluctuation occurred on the eve of the release of the movie "Slam Dunk". At this stage after the release, sales of various products such as T-shirts, jerseys, figures, mobile phone cases have increased significantly. (China Economic News Network)
Internet news
6. Lyft plans to lay off employees may affect 30% of its employees
On April 23, taxi-hailing company Lyft plans to implement a new round of layoffs and cut 1,200 or more positions. It is reported that this round of layoffs may affect 30% or more of the company's employees, with the company exceeding 4,000. The company plans to announce the move after the board meeting next week, the report said. Founded in 2012 and headquartered in San Francisco, Lyft has been increasingly marginalized due to competition from Uber. At the end of February, Uber accounted for 75% of the US consumer ride-sharing market, while Lyft accounted for 25%. (Sina Finance)
7. JD Healthy Skin Hospital is officially launched
On April 22, the press conference of JD Healthy Skin Hospital was held in Beijing. This time, JD Health takes skin diseases as the starting point and explores a new model of specialized Internet hospitals through the newly launched skin hospital. At the meeting, JD Health also jointly established the "Skin Health Ecological Alliance" with more than ten brand institutions. (JD Health JDH)
8. Didi Chengwei: By the end of 2022, Didi has served more than 64 million drivers
On April 22, China Netcom published an article signed by Cheng Wei, chairman and CEO of Didi Chuxing. Cheng Wei explains Didi's business development achievements and plans from the aspects of safe development, helping the real economy, and social responsibility. As of the end of 2022, Didi has served more than 64 million drivers nationwide, of which more than 32 million are online ride-hailing drivers. In addition, Didi also pays attention to caring for drivers’ families. As of September 2022, Didi’s “Orange Fruit Plan” to help the education of drivers’ children has directly benefited more than 40,000 driver families. (Titanium Geek)
Cross-border newsletter
9. Lazada updates the "Vietnam High Value Unlocked Categories and Tax Rates" table
Lazada officially stated that the "Vietnam High Value Unlocked Categories and Tax Rates" table has been updated, mainly to close the following three categories: one is Computers & Laptops > Desktops Computers > All-In-One(Category ID 9035); the second is Computers & Laptops > Desktops Computers > DIY(Category ID 9039); the third is Computers & Laptops > Desktops Computers > Gaming Desktops (Category ID 9037). The above adjustments apply to parcels distributed and fulfilled from mainland China to Vietnam starting from April 25, 2023. If the package fulfilled is included in the above goods, it will be intercepted at the sorting center. The platform reminds sellers to check carefully before shipment to avoid any losses. (ENECNEWS)
10. eBay UK site expands genuine guarantee service to over £100 children's sports shoes
On April 21, eBay UK announced that it will expand its authentic guarantee service to children's sneakers for more than £100. It is understood that eBay’s team of sneaker appraisers will review and verify brand new and used children’s sneakers on the platform for over £100, including infant/toddler shoes starting at the minimum size 1, as well as kindergarten and primary school sneakers with maximum size 6. After the user places an order, the seller will ship the sneakers directly to the eBay certification center, and an independent inspector will conduct a comprehensive, multi-angle physical inspection. (Yien.com)
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