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E-commerce newsletter
1. Yu Minhong said that Dong Yuhui can be considered as a successor
On April 27, New Oriental Chairman Yu Minhong recently talked about the issue of corporate succession in the Oriental Selection live broadcast room that his child has not really expressed his desire to go to New Oriental, and New Oriental shares are almost public, and he does not have the problem of second-generation succession. However, for example, it is still possible to consider whether talents like Dong Yuhui will succeed in the future. (Boss Broadcast)
2. Taobao purchasing products on PC side tags are offline
The announcement will be announced on April 24, 2023 and will officially take effect. It is understood that purchasing agents refer to the service in which the seller purchases designated goods overseas, Hong Kong, Macao and Taiwan based on the buyer's entrustment. Non-spot, or overseas purchasing agent, means that the actual origin of the product is an overseas area, and the seller's purchase time and logistics records must be paid after the buyer has taken the photo and paid. (Taobao Rules Center)
Internet news
3. Ele.me and Gaode jointly issued the "May Day Travel Protection Fund" consumption benefits
According to April 26, in order to help boost the May Day tourism consumption market, Ele.me and Gaode jointly issued cross-platform user benefits from now on. Through the "May Day Guardian Fund", consumers can better enjoy various local scenario discounts such as takeaway, tickets, and travel during the holidays. From the perspective of consumer demand, in addition to Internet celebrity food, various commodities and personal care products that are commonly found in travel have also become new growth points for local instant consumption. According to the search trend of Ele.me platform, from late April to the present, the search volume of "Zibo Barbecue" has nearly doubled month-on-month, and the search demand for retail products such as fans, mosquito coils, umbrellas and slippers that are commonly available for travel has also increased significantly. (China.com Technology)
4. SF Express's operating income in the first quarter was RMB 61.048 billion in net profit increased by 68.28% year-on-year
On April 27, SF Holdings released its first quarter performance report for 2023. In the first quarter, the company achieved operating income of 61.048 billion yuan; net profit attributable to shareholders of listed companies was approximately 1.72 billion yuan, a year-on-year increase of 68.28%; net profit after deducting non-operating items was 1.517 billion yuan, a year-on-year increase of 66.39%; earnings per share was 0.35 yuan per share, a year-on-year increase of 66.67%. SF Express’s express delivery business volume in the first quarter of 2023 reached 2.888 billion tickets, an increase of 18.23% year-on-year compared with the first quarter of 2022; among which, the revenue of Express logistics business achieved a year-on-year increase of 14.87%. In terms of revenue, the year-on-year decline in international air and sea freight demand and prices affected the revenue growth rate and profitability of the company's supply chain and international business sectors. In terms of costs, the company's operating costs fell by 4.84% year-on-year in the first quarter of 2023, and the gross profit margin reached 13.86%, an increase of 1.6 percentage points from the same period last year. (Sina News)
5. The monthly operation volume of Dali Distribution Center of Best Express is up to 5,000 tons.
According to April 26, the Dali Distribution Center of Best Express held a housewarming ceremony today. Dali distribution was moved from Jinyang Logistics Park in Fengyi Town to Dali New Storage Logistics Park. After the relocation, the distribution center has a better geographical location, with a maximum monthly operation volume of 5,000 tons. It is reported that the number of subsidiaries of Dali distribution has increased to 23, radiating to the Dali, Lijiang, Diqing, Nujiang and Baoshan areas. It is an important logistics distribution center for Best Express in western Yunnan. As of the end of 2022, Best Express has 99 transshipment centers nationwide, with a site area of more than 1.38 million square meters, 18,600 outlets, a provincial and municipal network coverage rate of 100%, and a district and county coverage rate of 100%. (Bais Express WeChat)
6. Cainiao pilots "night pickup" service in many cities such as Guangzhou and Shenzhen
On April 26, Cainiao Station is piloting temporary hosting stations in Hangzhou, Guangzhou, Shenzhen and other places to provide nightly pickup services. That is, based on the digital transformation of the community, the business hours of Cainiao Station have been extended from the evening to 24 o'clock, providing self-service pickup services for young and late-get off work consumers. Up to now, the service has covered more than 1,000 Cainiao Stations in Hangzhou, Chengdu, Guangzhou, Shenzhen, Shanghai and other cities. Xu Xue, the head of the relevant project of Cainiao Station, said. (Reading and creating)
Cross-border newsletter
7. Amazon prohibits using ChatGPT to browse positive reviews, violators will be banned
Some media reported that recently, Amazon sellers used ChatGPT to write false positive reviews. Some electronic products, books, and baby products reviews begin with the phrase "As an AI language model" ("as an AI language model"), a reply that is usually generated by ChatGPT. In response, Amazon said it prohibits any form of abuse of reviews, including offering rewards such as gift cards to write positive comments. The company will suspend or block accounts for users who violate these policies. An Amazon spokesperson said: "We hope Amazon customers can shop with confidence and know that the comments they see are true and credible." (Yeen.com)
8. eBay German station reminds sellers to comply with French EPR regulations
On April 27, eBay Germany Station recently issued an announcement to remind sellers to comply with French EPR regulations. According to French EPR legislation, sellers are required to provide repair indexes for some categories of items. Regardless of the country/region where the seller's company is registered, it must be followed. The repair index score allows shoppers to assess how easy it is to maintain or repair a product. The product has a rating from 1 to 10, where "1" means it is not easy to repair and "10" means it is very easy to repair. The repair index is displayed in the quote and is accompanied by a quote. (eBay)
9. Amazon's cloud computing department AWS begins laying off employees
On April 27, Amazon's cloud computing department AWS began laying off employees. In the fourth quarter of last year, the department's revenue increased by 20% year-on-year, a bit slowing down from 27.5% in the third quarter, mainly due to customers' spending cuts. A memo sent by AWS CEO Adam Selipsky shows that affected employees were notified Wednesday. Amazon told investors that the downturn will affect AWS's performance in the first few quarters of this year. In March this year, Amazon announced that it would lay off 27,000 employees, and AWS's layoffs are part of it. In addition, human resources and other departments have also been affected. (Techweb)
10. eBay's first quarter revenue turned losses into profits
According to April 27, eBay released the company's first quarter financial report for fiscal year 2023 today. The report shows that eBay's net revenue in the first quarter was US$2.51 billion, an increase of 1% compared with US$2.483 billion in the same period last year, and an increase of 3% year-on-year without the impact of exchange rate changes; net profit from continuous operation was US$569 million, compared with US$1.339 billion in the same period last year, turning losses into profits; in accordance with USGA standards, eBay's net profit from continuous operation in the first quarter was US$600 million, a decrease of 4% compared with US$625 million in the same period last year. (Sina Technology)
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