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#Laogao E-commerce Newsletter# [May 4 E-commerce Evening News Brief]

2023-05-04

Evening information:


1. JD.com invested 6 billion yuan to build 4,000 employee housing units in Beijing;

2. The Foshan Station of the Taobao Live Industry Belt Offline Investment Promotion Conference will be held on May 6;

3. JD Logistics will release its first quarter 2023 financial report on May 11;

4. eBay US site will lower the USPS Priority Mail rate;

5. Amazon US/Canada Station will hold a Coupon Party;

...


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E-commerce newsletter


1. WeChat: During May Day, the retail industry increased by 212% compared with the same period in 2019.


On May 4, WeChat released the 2023 May Day game explosion data report, showing that during the May Day period, the average daily consumption of retail, catering, live-in, tourism and transportation industries across the country achieved a significant increase compared with the same period in 2019, of which the retail industry grew by 212%, the transportation industry grew by 198%, the catering industry grew by 187%, and the wine and travel industry grew by 93%. The average daily total number of steps for all users of WeChat Sports reached 3023.8 billion, an increase of 41% compared with this year's Spring Festival. The proportion of "Wanbu Youth" in WeChat Sports daily exceeds 23.5%, breaking the historical record of WeChat steps during holidays. (36Kr)


2. JD Logistics will release its first quarter financial report for 2023 on May 11


On May 4, the board of directors of JD Logistics Co., Ltd. recently announced that the company will hold a board meeting on May 11, 2023 to approve the unaudited quarterly results of the Company and its subsidiaries and related consolidated entities for the three months ended March 31, 2023. (JD Logistics)


3. Taobao Live Streaming Industry Belt Offline Investment Promotion Conference Foshan Station will be held on May 6


On May 4, the Taobao live broadcast team will launch an offline investment promotion meeting for merchants, expert anchors and institutions in Guangfo Zhicheng, Foshan City, Guangdong Province on May 6. Recently, Taobao Live officially held a Taobao Live 618 organization event. The conference revealed the key directions of Taobao Live in 2023 and the opportunities for MCN organizations and anchors under the new situation. (Taobao Live)


4. JD.com invests 6 billion yuan to build 4,000 employee houses in Beijing


According to Beijing Daily, on May 4, "JD Youth City" was officially launched on May 4, and the land used for the project was the plot that JD bought for 3 billion yuan. It is understood that JD.com has more than 25,000 employee apartments in various offices and logistics parks across the country, and has invested more than 22 billion yuan in improving employee living conditions. (Beijing Daily)


Internet news


5. Hainan offshore island duty-free shopping amount during the May Day holiday was 883 million yuan


According to statistics from Haikou Customs on May 4, during this year's May Day holiday, Haikou Customs supervised a total of 883 million yuan in offshore island duty-free shopping in Hainan, with 109,000 shoppers, an increase of 120% and 158% respectively compared with the May Day holiday in 2022. During this year's May Day holiday, the number of shoppers in major duty-free shops in Hainan surged, and the top three best-selling products are cosmetics, jewelry, and watches. (CCTV News Client)


6. FedEx announced that it will resume international economic express services in the Asia-Pacific region from May


On May 4, FedEx announced that it would enhance its international express services to meet the growing demand of customers in Asia-Pacific region in terms of reliable and diversified services. Customers can use FedEx International Economic Express service from May 2, 2023, which connects the Asia-Pacific region and 170 markets around the world. Provide customers who want to ship non-emergency shipments with limited time services that are as reliable as FedEx International Priority Express Services. (FedExPlus)


7. Ele.me Xue Yan: The volume of local instant delivery orders will catch up with the business volume of the express industry in the future


On May 4, at the 2023 China New E-commerce Conference, Xue Yan, deputy director of Ele.me New Service Research Center, delivered a speech entitled "Improving Quality Life and Empowering the Development of the Service Industry" and released the "Local Instant E-commerce Development Report". Xue Yan pointed out that it is expected that the market size of instant e-commerce will reach 11.8 trillion yuan by 2030, and the online retail sales of physical goods will exceed 20 trillion yuan. The scale of local instant e-commerce is equivalent to about 60% of the online retail sales of physical goods. According to reports, in 2022, the number of orders distributed by local instant e-commerce will be 33.1 billion, with an average daily processing of 90 million pieces. Xue Yan estimates that the volume of local instant delivery orders will catch up with the business volume of the express delivery industry in the future. (ZAKER)


Cross-border newsletter


8. eBay US site will lower the USPS Priority Mail rate


On May 4, eBay's US site issued an announcement stating that sellers using eBay tags will now ship packages under 6 pounds in USPS 1-4. In addition to providing huge freight discounts from logistics carriers, eBay Labels also offers a lot of conveniences that allow merchants to purchase, edit and print freight labels individually or in bulk. In addition, by automatically uploading and timely update tracking information, eBay Labels allows merchants to ship items easily. eBay Smart Shipping Tips: Use our easy shipping calculator to quickly calculate shipping costs for eBay Labels and compare rates negotiated by eBay with top carriers. (eBay)


9. Amazon US/Canada Station will hold a Coupon Party


According to May 4, the Coupon Party of Amazon's US and Canadian stations will be held in the second quarter of 2023 from May 15 to May 22 local time. It is understood that coupons are one of the promotional tools on Amazon that are suitable for sellers' starting period and new product promotion period. They have the advantages of low usage threshold, controllable budget investment, and suitable for daily use. They can help sellers increase product traffic, accurately and efficiently reach customer groups, and stimulate purchases and increase sales. Sellers can set coupons according to the regular coupon setting steps. The date of coupon setting only needs to coincide with the Coupon Party time period. (Opening a store on Amazon worldwide)


10. Amazon Japan Double Points Weekly will start on May 11


On May 5th, Amazon Japan recently issued an announcement stating that the Double Points Week event will start on May 11th. The event will help increase product exposure. The platform will cover the same number of points awarded by sellers participating in this promotion and will be rewarded directly to buyers. Specifically, the Double Points Week will be held from 9 am on Thursday, May 11, 2023 to 11:59 pm on Wednesday, May 17, 2023. The maximum amount of points Amazon bears is 5,000 points or 5% of the price per item. (Amazon Seller Forum)


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