Morning information:
1. Oriental Selection will hold a special Sichuan festival on June 9;
2. Mogujie's revenue in the second half of fiscal year 2023 was 3.241 billion yuan;
3. Cainiao International has increased its luxury goods special line layout;
4. Ctrip's net operating income in the first quarter increased by 9.2 billion yuan year-on-year by 124%;
5. The eBay US station reminds cross-border self-shipping sellers to comply with new EU customs regulations;
...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. Zhou Dasheng: Last year's e-commerce business revenue increased by 35% year-on-year, and this year's target exceeded last year's growth rate
According to reports on June 8, Zhou Dasheng said during an institution that e-commerce business revenue in 2022 increased by 34.65% year-on-year, and the goal this year is to exceed the growth rate in 2022. In addition, the order will be completed in April. (Zhou Dasheng Jewelry)
2. Tongcheng Beijian is ahead of the list and leaps to the top of JD Health 618 enhanced immunity category
On June 7, JD Health National Nutrition Super Ceremony brought more value-added and rich shopping options to consumers who urgently need to supplement protein and enhance their physical fitness. As of 20:00 on June 7, data from the JD racing list showed that Tongcheng Beijian topped the brand list with outstanding strength! LANGMA and Swisse followed closely in the runner-up and third place. On the day of the Health Super Festival on June 4, the transaction volume of Tongcheng Beijian protein powder gift box increased by 24 times year-on-year. (Aiqicha)
3. Mogujie's revenue in the second half of fiscal year 2023 was 117.2 million yuan, and the GMV was 3.241 billion yuan.
According to June 7, Mogujie recently announced its unaudited financial results for the six months ended March 31, 2023. During the reporting period, total revenue fell 30.2% to RMB 117.2 million from RMB 168 million in the same period of fiscal year 2022. The operating loss was RMB 139.4 million, while the operating loss in the same period of fiscal year 2022 was RMB 240.3 million. The adjusted net loss was RMB 40 million, while the adjusted net loss in the same period of fiscal year 2022 was RMB 180.6 million. The total value of commodities for the six months ended March 31, 2023 was RMB 3.241 billion, a year-on-year decrease of 38.0%. (Mogujie)
4. Oriental Selection will hold a special Sichuan festival on June 9
According to the official account of Oriental Selection, Oriental Selection will hold a special Sichuan festival from June 9 to 10. In terms of the program, Oriental Selection invited Sichuan intangible cultural heritage performers to participate in the live broadcast. The live programs include straw dragon, Emeishan martial arts, Sichuan opera face change, money board, Sichuan opera fire spitting, Kung Fu tea, etc. In terms of products, Sichuan special session will recommend more than 200 Sichuan good products. The products I have learned at present include: Sichuan hot pot base, Pixian beanban, Shuangliutu head and other classic Sichuan flavors. (Oriental Selected Official Account)
Internet news
5. Baidu Wenxin Yiyan-Turbo high-performance mode opens for testing
According to Baidu Smart Cloud official WeChat, on June 6, the fifth stop of the Wenxin Big Model Technology Exchange Conference was launched in Chengdu. Hou Zhenyu, vice president of Baidu Group, said that the high-performance model of "Wenxin Yiyan-Turbo" has officially opened for testing. In some high-frequency and core scenarios, "Wenxin Yiyan-Turbo" has improved the overall performance of inference services by 50 times while meeting the same customer needs. (Baidu Intelligent Cloud)
6. JD.com set up a RMB counter
On June 8, JD.com Group issued an announcement that the establishment of the RMB counter will take effect on June 19, 2023. From the effective date, the Company's Securities will have counters denominated in Hong Kong dollars and RMB and are designated by the Stock Exchange as dual counter securities under the Exchange Rules. (JD Group)
7. Cainiao International increases its luxury goods special line layout
In preparation for the 618th, the rookie relied on the Liege-Hangzhou scheduled flight to open special transportation spaces for luxury goods and set up special storage areas for luxury goods such as ready-made garments and famous bags. Many international luxury goods groups have entered China through Cainiao’s import supply chain and are based on Cainiao’s supply chain center in Haikou for regional layout. From Cainiao International Supply Chain, it has learned that the department has established a dedicated luxury supply chain team, which can provide full-link solutions such as imported boutique sea and air transportation, Hong Kong-Mainland Kaban transportation, etc. (Yien.com)
8. Ctrip's net operating revenue in the first quarter increased by 9.2 billion yuan year-on-year
On June 8, Ctrip Group announced its unaudited financial results for the first quarter of 2023. According to the financial report, Ctrip's net operating income in the first quarter was 9.2 billion yuan, an increase of 124% year-on-year and 83% month-on-month, exceeding the same period before the epidemic in 2019. The net profit attributable to shareholders of Ctrip Group was 3.375 billion yuan, and the net loss in the same period in 2022 was 989 million yuan, a month-on-month increase of 64.07%. Basic earnings per share were RMB 5.18. Adjusted EBITDA is RMB 2.8 billion, and adjusted EBITDA profit margin is 31%, compared with 2% in the same period in 2022 and 6% in the previous quarter. As of March 31, 2023, the balance of cash and cash equivalents, restricted cash, short-term investments, and fixed deposits and wealth management products held to maturity was RMB 68 billion. (Ctrip Group)
Cross-border newsletter
9. Amazon and Hexa reach cooperation to support sellers to create 3D images
Amazon and 3D visualization company Hexa have reached a new initiative to allow Amazon sellers to access Hexa's immersive operating system. Sellers will be able to use the technology to create 3D images, 360-degree visualizations, virtual try-ons, and augmented reality content on Amazon store product pages. Hexa has established a unique workflow through collaboration with Amazon Web Services (AWS) space computing team and Amazon Imaging team, enabling Amazon’s sales partners to bridge the gap between 2D and 3D. Amazon sellers will be able to automatically convert images into 3D models by uploading their Amazon standard identification number to Hexa's content management system. Amazon says the technology will be able to improve buyer shopping experience and seller conversion rates. "In addition to 3D reconstruction, further enhancements to Hexa's 3D technology stack allow Amazon's sales partners to render HD marketing materials directly from their 3D digital twins, including packaging photos and lifestyle images. They will be able to leverage AWS Thinkbox rendering infrastructure and advanced features to achieve this." (ENECNEWS)
10. eBay US station reminds cross-border self-shipping sellers to comply with new EU customs regulations
On June 7, eBay's US station recently issued an announcement stating that the new EU customs rules have come into effect. If a cross-border self-shipped seller fails to comply, the seller's items may be detained or returned by customs, and may even face fines and other types of penalties. It should be noted that if the seller uses eBay international freight service, it can avoid the hassle of paperwork and guessing. Just ship the goods to eBay’s distribution center and eBay will handle everything for the seller. (eBay)
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