#Laogao E-commerce Newsletter# [E-commerce Morning News on June 16]

Morning information:

1. Douyin e-commerce organization is adjusted and split into two groups A and B;

2. The number of merchants in the comprehensive life service industry in Douyin increased by 54% from January to May;

3. Temu has started construction of overseas warehouses;

4. Lianyu Group issued a statement on recent rumors and slander;

5. Store secretary ERP is fully connected to SHEIN and supports full-process operation and management;

...

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

E-commerce newsletter

1. Douyin e-commerce organization adjustment and split into two groups AB

According to "LatePost" on June 15, TikTok e-commerce has recently made a series of organizational adjustments. Douyin E-commerce broke up more than ten existing industry operation groups and merchant development centers, and finally divided them into two groups A and B. All brand merchants will enter Group A, non-brand merchants will enter Group B, and each group will be divided into different industries to conduct targeted operations according to their respective situations. Group A is managed by Mu Qing, the head of Douyin e-commerce operations; Group B is managed by Zhao Rui, who recently transferred from Byte's commercial sales department to Douyin e-commerce. They all report to Douyin e-commerce president Wei Wenwen. (LatePost later)

2. The number of merchants in the comprehensive life service industry in Douyin increased by 54% from January to May

On June 15, at the Douyin Life Service Comprehensive Industry Summit, Chen Qi, general manager of Douyin Life Service Comprehensive Industry, introduced that the number of merchants in Douyin Life Service Comprehensive Industry increased by 54% from January to May, the number of new users placing orders on live broadcasts increased by 61%, the number of comprehensive personnel increased by 134%, and the number of comprehensive service providers increased by 39%. (Yibang Power)

Internet news

3. New Zealand's economy confirmed to fall into recession in the first quarter

New Zealand's GDP grew by 2.2% year-on-year in the first quarter, expected to grow by 2.60%, and the previous value increased by 2.20%. New Zealand's GDP fell by 0.1% month-on-month, expected to fall by 0.10%, and the previous value decreased by 0.60%, which was a two-quarter consecutive contraction and confirmed a recession. (ENECNEWS)

4. Taotian Group and Zhejiang Department of Commerce launch the "Zhejiang Brand Prosperity Plan"

According to June 15, at the 10th China E-Commerce Expo held recently, the Zhejiang Provincial Department of Commerce and Taotian Group reached an important cooperation and jointly launched the "Zhejiang Brand Prosperity Plan". Based on the industry trend of steady growth in e-commerce, the cooperation goal of the two parties is to jointly promote the quality improvement and upgrading of 6,000 Zhejiang brands and corporate entities in 2023, and add more than 500 new brands with annual online sales of 2 million yuan. In addition, Taotian Group will also improve the business environment for enterprises' digital transformation through measures such as signing and cooperation in key provinces and cities, co-construction of policies between the two parties, incubation of industrial brands and talent certification and training. (E-commerce online)

5. Zhang Yiming withdrew from the ranks of shareholders of Beijing Source Code Capital

According to the news on June 15, Tianyancha App showed that recently, Beijing Yuanma Capital Investment Co., Ltd. had industrial and commercial changes, Zhang Yiming withdrew from the ranks of shareholders and added a new shareholder Nanjing Yuankai Management Consulting Co., Ltd. The company was established in April 2014. The legal representative is Cao Yi, with a registered capital of approximately RMB 105 million. Its business scope includes investment management, asset management, enterprise management, etc., and its shareholders also include Cao Yi, Wang Xing, etc. It is worth mentioning that not long ago, media reported that Zhang Yiming established a personal investment fund in Hong Kong, with the main investment directions in technology-related industries. (Tianyan Check)

6. The Gates Foundation promises to provide $50 million to GHDDI in the next five years

June 15th news, the Bill and Melinda Gates Foundation announced today that it will continue to work with the Beijing Municipal Government and Tsinghua University to jointly support the Global Health Drug Research and Development Center to develop life-saving drugs for the treatment of infectious diseases such as tuberculosis and malaria that seriously affect the world's poorest people, and improve global health. In order to further strengthen the drug research and development capabilities of GHDDI, the Gates Foundation promised to provide US$50 million in donations to GHDDI in the next five years, and the Beijing Municipal Government promised to provide financial support of the same scale. Tsinghua University will continue to support the development of GHDDI in terms of scientific research platform construction and sharing, results transformation, talent training, etc. (Global Health Drug Research and Development Center)

7. Lianyu Group issued a statement on recent rumors and slander

On June 15, Lianyu Group issued a solemn statement in response to recent rumors and slander: The remarks rumored online against Lianzi Group, such as "Lianzi collapse, Lianzi falls down, and problems" were all malicious slander. The acts of relevant entities in publishing and disseminating slanderous remarks have been suspected of slandering, which has seriously damaged the legitimate rights and interests of our company. At the same time, his behavior has caused great damage to our company's reputation. In response to this act of deliberately fabricating facts and spreading false information, our company has handed over to our judicial department for handling, and has collected evidence for all content published and reproduced by the original subject and the dissemination subject, and will further take legal measures to protect the rights. (Lianyu Logistics)

8. Ctrip released the "2023 Summer Booking Trend Insight Report": Summer parent-child orders account for more than 30%

According to June 15, Ctrip released the "2023 Summer Booking Trend Insight Report" today. It is about half a month before the summer vacation officially begins. User travel itinerary plans and travel product bookings have been put on the agenda. Judging from the current booking trend, the market popularity of the summer in 2023 is expected to exceed the same period in 2019, among which parent-child travel has become the absolute main force. Ctrip data shows that as of June 14, the proportion of parent-child orders during the summer vacation exceeded 30%, and the number of parent-child orders exceeded 7 times year-on-year. During the summer vacation, the overall cross-provincial travel orders exceeded 70%, and the outbreak of long-term travel during the summer is expected. (Ctrip)

Cross-border newsletter

9. Store secretary ERP fully connects to SHEIN and supports full-process operation and management

On June 15, after supporting SHEIN seller order processing, the store secretary ERP responds to seller needs and fully connects with SHEIN, supporting a series of operational management functions such as product publishing, supplier model stocking orders, intelligent procurement, inventory management, data finance, etc., to help sellers improve operational efficiency. At the same time, it supports creating outbound orders through SHEIN warehouse stocking management to achieve deduction of local inventory. In addition, the store secretary ERP and the SHEIN platform realize data docking, and automatically and intelligently manage various business processes such as procurement, outbound, inbound, and refund, reducing costs and improving efficiency for cross-border sellers. (Shop secretary)

10. Temu has started construction of overseas warehouses

According to 36Kr, Temu has started construction of overseas warehouses and plans to build one in the eastern and western regions of the United States. The former head of Duoduo Maicai's former Northwest Region will take on this important task. At present, some supply chain and warehousing personnel are ready to be in place. As early as the beginning of the year, insiders revealed that the overseas warehouse plan was on paper, and the liquidation in March promoted the landing speed. (36Kr)