Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. Xinxuan International overseas travel plan officially launched its first stop to Thailand
On May 7, Xinxuan International's overseas travel plan was officially launched, and its first stop was launched in Thailand. Xin Youzhi, founder of Xinxuan Group, will start a live broadcast in Thailand today. In the live broadcast room, Simba will recommend products to consumers including fruits, skin care products, latex pillows, etc. (Xinxuan Group)
2. Taobao’s 10 billion subsidy online category subsidy festival
On May 6, Taobao’s 10 billion subsidy launches its first category marketing IP category subsidy festival, and has launched multiple subsidy festivals such as air conditioning, alcohol, games, sun protection, and parent-child. Among them, Taobao’s 10 billion subsidy launched the Air Conditioner Subsidy Festival for the first time at the end of March. It has joined forces with more than ten air-conditioning brands including Gree, Haier, Midea and other air-conditioning brands to set up a customized underwriting dedicated line for air-conditioning brand factories, and the transaction volume exceeded 100 million in two days of launch. (China Economic News Network)
3. Cainiao Station opens 30 free "night pickup" renovation quotas for five cities including Shanghai and Guangzhou.
On May 6, Cainiao Station officially issued an announcement to solicit "night pick-up" renovation needs for consumers in Shanghai, Guangzhou, Shenzhen, Hangzhou and Chengdu. If users have the need for "night pickup" for Cainiao Station at their doorstep, they can register through official channels such as Cainiao Station official account and Weibo, and have the opportunity to upgrade the express pickup experience for the entire community by themselves. The announcement stated that the first batch of free renovation quotas opened are 30, and the success of registration depends on the two major factors: hardware supporting the station and the support of community residents. (Cainiao Station)
Internet news
4. Jida Intelligent completed 80 million RMB Series A financing led by ByteDance
On May 7, Jida Intelligent recently announced that it had completed a RMB 80 million A round of financing, led by ByteDance, followed by Jitu Express, Alibaba, Shentong Express, Yunda Shares, ZTO Express and YTO Express, with a post-investment valuation of RMB 500 million. Jida Intelligence is an intelligent end-of-life solution provider, committed to building a 24h unmanned self-service Internet of Things solution with smart devices as the entry point, forming an ecological platform for intelligent software and hardware services, terminal services, value-added services, advertising services, and e-commerce services. (Yi Liu Business)
5. The total box office in 2023 exceeded 20 billion
According to the news on May 7, according to the data from Lighthouse Professional Edition, as of 10:40 on May 7, the box office of the market in 2023 exceeded 20 billion. Up to now, the top ten box offices in 2023 are "Manjianghong", "The Wandering Earth 2", "The Bears Are Away·Accompanies Me "Bear Core", "No Name", "Deep Sea", "The Journey of the Bell Buds", "Avatar: The Way of Water", "Safeguarding You", "Unfamiliar with Life", and "The King of the Sky". (Lighthouse Professional Edition)
6. Tianfeng Securities: Maintain Yaowang Technology's "buy" rating
On May 7, Tianfeng Securities released a research report saying that it maintained Yaowang Technology's "buy" rating. Tianfeng Securities expects Yaowang Technology's revenue in 2023/2024/2025 to be RMB 57/78/10 billion, a year-on-year increase of 45%/37%/29%, and a net profit attributable to shareholders to be RMB 45/71/980 million, of which 57%/38% year-on-year increase in 24/25, and a corresponding PE of 43X/28X/20X respectively. (Daily Economic News)
7. Worth buying: Sui Guodong's total shareholding ratio changes by more than 1%
According to the news on May 7, the company said that the company recently received a letter from the controlling shareholder and actual controller Sui Guodong that as of May 5, 2023, Sui Guodong reduced its holdings of the company's shares by 1,298,700 shares through centralized bidding transactions, accounting for 0.98% of the company's total share capital; it reduced its holdings of 300,000 shares through bulk transactions, accounting for 0.23% of the company's total share capital. At the same time, due to the company's 2020 restricted stock incentive plan repurchase and cancellation of restricted stocks, Sui Guodong's shareholding ratio increased by 0.01%. Therefore, due to the above matters, the proportion of shares held by Sui Guodong in total has changed by more than 1%. (Worth buying)
8. Alibaba Cloud responds to industrial and commercial changes: Only changes to the legal person registered by the affiliated company
On May 6, regarding the industrial and commercial changes in Alibaba Cloud Computing Co., Ltd., the legal representative changed from Zhang Jianfeng to Tsai Ing-hua. Alibaba Cloud stated that the chairman of Alibaba Cloud Intelligent Group is Zhang Yong, and Tsai Ing-hua's position is the chief commercial officer of Alibaba Cloud Intelligent Group. The announcement of this industrial and commercial change is only a change of the registered entity legal person of "Ali Cloud Computing Co., Ltd." under Alibaba Cloud Intelligent Group. (Science and Technology Innovation Board Daily)
Cross-border newsletter
9. Amazon Inspire features are open to users across the United States
On May 5, Amazon confirmed to the media that its Inspire feature has been launched for all users in the United States. This feature is similar to the combination of TikTok and Instagram, supporting the push of image and video information flow. It is understood that last year, Amazon announced the launch of Inspire for the first time and is only open to some US users. When and whether the feature will also be used in Europe is not discussed. Amazon previously revealed that Inspire is a brand new in-app shopping information flow that customizes shopping photos and videos based on user interests and engagement. Amazon says Inspire is only available in Amazon shopping mobile apps. (Amazon)
10. Amazon officially launches video shopping Inspire
On May 8, Amazon announced that it would launch shopping updates similar to TikTok to all customers in the United States, inviting consumers to "shop while scrolling." The new shopping trend is called "Inspire", and it was originally launched in December last year to some American users. (Purple Bird Browser)
EN
CN
