#Laogao E-commerce Newsletter# [May 17 E-commerce Evening News Brief]

Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. 1688 Industrial Products APP will suspend services on June 15

On May 17, 1688 issued an announcement stating that in order to continue to provide better services to industrial product buyers, the various functions and services of the "1688 Industrial Products" APP will be moved to the industrial product search section of the "1688" APP. The 1688 platform is expected to completely stop providing services on the "1688 Industrial Products" APP on June 15, 2023. After the "1688 Industrial Products" APP suspends services, 1688 will also process and protect personal information in accordance with the provisions of the Personal Information Protection Law and other relevant laws and regulations. (1688 Rules Center)

2. JD Supermarket releases a white paper on the milk industry: The top 3 brands in the industry account for 65% of the market

On May 17, JD Supermarket and JD C2M manufacturing platform released the "2023 JD Milk Trend Insight White Paper" on May 17. The white paper shows that Mengniu, Yili and Sanyuan have become the top 3 brands in the milk category, accounting for 60% of the market, and the adoption of a cattle brand ranks fourth. The white paper shows that the brand concentration of the milk dairy industry has shown a significant increase compared with the previous year. The white paper shows that the growth rate of organic milk with qualifications such as China's national organic certification, EU organic certification, international food organic certification, and New Zealand AQ certification is also far higher than the industry average, and the sales of organic milk in JD Supermarket increased by more than 39% year-on-year. (China Radio and Television)

3. Meituan Live Product Coupons Become a New Powerful Tool for "cross-selling" Merchant Shelf Transactions Increased by 50% Simultaneously

On May 17, Meituan Takeout recently announced the "cross-selling" data that drove the shelves of the first live broadcast - the average 1 commodity coupon was written off to generate an order transaction volume of 1.5 times the value of the commodity coupon. On April 18, Meituan Takeout held its first live broadcast of the God of Coupon Festival, and more than 100 brand merchants participated in the event, and the average weekly growth rate of brand merchants' transaction volume exceeded 30%. The sales did not stop after the live broadcast ended. The second live broadcast of the God Coupon Festival will be held again on the 18th of this month. The live broadcast will be participated by celebrity artists and food experts. It is reported that Meituan's live broadcast of the Shenquan Festival will have a greater improvement in resource investment and merchant participation than the previous one. (First Financial Daily)

4. Kuaishou Store Robot Reply Related Time License Function is Online

On May 17, the Kuaishou Store robot reply-related time-limit function is launched. Merchants can add new event reply content in advance and associate its time-limit according to the activity rhythm. According to reports, the associated time is used to configure the effective time of replying to the knowledge point of the store robot. Merchants can configure the time limit based on the store activity time. The reply content associated with the specific time limit will not be triggered after the invalidation. (Kuaishou E-commerce)

5. Taobao adds a "integrated delivery and decoration" service for residential furniture products

On May 18, Taobao recently issued a public notice on the addition of the "Taobao "Integrated Delivery and Installation" Service Specifications". Based on the consideration of repeated operation costs, and in order to solve the after-purchase problems for buyers in more regions and improve the after-sales experience, Taobao’s historical “free delivery” service is planned to be offline before June 26, 2023. The change of the rules will be announced on May 17, 2023 and will officially take effect on May 24, 2023. (Taobao Rules Center)

Internet news

6. Store secretary ERP supports ChatGPT one-click release

On May 17, the store secretary ERP optimized product publishing and supported ChatGPT one-click release. Through the ChatGPT of ERP's ChatGPT, the store secretary can intelligently automatically translate titles and descriptions, collect products automatically match corresponding categories, and automatically fill in product attributes and basic information without manual operation. This method can improve accuracy and greatly improve work efficiency. At the same time, the ERP of the Store Xiaojian supports one-click release of products for 1688 clothing to the Ozon platform, without the need for manual operation by sellers, and the entire process is automatically processed and released by ChatGPT. (Shop secretary)

7. Tencent Dadi Tongtu Company increased its capital to 2.36 billion yuan

According to the news on May 17, Tianyancha APP showed that recently, the registered capital of Tencent Dadi Tongtu Technology Co., Ltd. increased from RMB 60 million to RMB 2.36 billion. The company was established in February 2005. The legal representative is Zhong Xiangping. Its business scope includes technical development, technical consultation, and technical services of geographical information systems; vehicle navigation and intelligent transportation, etc., and is wholly owned by Shenzhen Tencent Computer Systems Co., Ltd. (Tianyan Check)

8. Express 100 launches online shopping return shipping area for return and exchange shipping starting from 6 yuan

On May 17, Express 100 announced the launch of a special area for online shopping return shipping. If orders are placed in the special area, return and exchange shipping start from 6 yuan, there is no limit on the order quantity and no threshold is set. Specifically, users find the "Online Shopping Return" area, fill in the sender information, click on the "Online Shopping Return" shipping page on the homepage of the "Express 100" mini program to enter the "Online Shopping Return" shipping page, and fill in the sender information. After the copy is successful, paste the merchant’s return address on the express 100 online shopping return page. Generally, merchants will agree to refund after receiving the goods and confirming that the goods are correct. The specific rules for return refunds on various e-commerce platforms are mainly based on the returns and refund rules. (100 express delivery)

Cross-border newsletter

9. Amazon US site: Sellers use Amazon credentials to update SP-API login information before May 22

On May 17, Amazon US website issued an announcement stating that if sellers use API integration, they must use Amazon credentials to update login before May 22, 2023. This security update will be made on all sites and helps keep sellers’ accounts secure. If the seller does not update the credentials every 180 days, the API integration will not be able to access the SP-API. (AMZ123)

10. Amazon India will increase commission fees for multiple categories

On May 17, Amazon India Station recently announced that it will increase commission fees for multiple categories on the platform, including beauty and personal care, clothing, electronic products, groceries and medicines, etc. The new rate will take effect on May 31, 2023. Judging from the increase in categories, over-the-counter drugs have the most commissions. For over-the-counter drugs with prices below Rs 500, the sales commission will jump from 5.5% to 12%; while over-the-counter drugs with prices above Rs 500 will be charged at 15% of the sales price. Meanwhile, Amazon has increased the seller's return fees. Amazon also raises the long-term storage fees for items. (Logistics Home)