#Laogao E-commerce Newsletter# [E-commerce Morning News on June 20]

Morning information:

1. Zhang Yong may step down as chairman and CEO of Alibaba Group;

2. Jack Ma pointed out the three directions of Taotian Group: return to Taobao, return to users, and return to the Internet;

3. The cumulative turnover of the Guangdong Couple 618 Grand Brand Ceremony exceeded 1.34 billion yuan;

4. Jia Nailiang’s 618 battle report: The total sales exceeded 353 million, and the total sales volume was 1.53 million;

5. Experts expect the year-on-year GDP growth rate in the second quarter may be above 7%;

...

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

E-commerce newsletter

1. The cumulative turnover of Guangdong Couples 618 Big Brand Ceremony exceeded 1.34 billion yuan

On June 20, the Guangdong couple recently announced in the live broadcast room that the cumulative turnover of the 618 Big Brand Ceremony exceeded 1.34 billion yuan, setting a new record for Douyin's big promotion. (Whip the Cow)

2. Jia Nailiang's 618 battle report: Total sales exceeded 353 million, and total sales reached 1.53 million.

On June 19, Jia Nailiang's official subscription account "Jia Nailiang's Treasure House" announced this year's 618 battle report: the total sales exceeded 353 million, the total sales volume was 1.53 million, the cumulative viewing was 59.77 million, the highest online 480,000, and the number of products with a single link exceeded one million. The international big brands sold a total of 240 million yuan, and the strong domestic products sold a total of 103 million yuan. This time, Jia Nailiang launched a short video of grass planting, with a cumulative viewing volume of more than 219 million; a cumulative booking volume of live broadcasts exceeded 144,000; and sales exceeded 100 million in 2 hours after the live broadcast was opened. In addition, Jia Nailiang has given away 2,105 iPhones with 618 fans, and has sent out a total of 13.82 million yuan of red envelopes; has issued a total of 1 cent to sell 310,000 orders in seconds; and has sent out a total of 137 live koi copies. (Jia Nailiang's Treasure House)

3. Zhang Yong may step down as Chairman and CEO of Alibaba Group

On June 19, "Leopard Change" learned that Zhang Yong may step down as Chairman and CEO of Alibaba Group's Board of Directors and will focus on Alibaba Cloud's business development in the future. As Alibaba's most thorough business segment, Alibaba Cloud has Zhang Yong as chairman and CEO. According to the plan, Alibaba Cloud aims to complete a spin-off listing in the next 12 months. It is still unknown that Zhang Yong's successor is the successor. (Leopard transformation)

4. Jack Ma pointed out three directions of Taotian Group: Return to Taobao, Return to users, Return to the Internet

On June 19, "LatePost" exclusively learned that in late May, Alibaba founder Jack Ma convened the heads of various business leaders of Taotian Group to hold a small-scale communication meeting. At the meeting, Jack Ma made some of his own judgments and also encouraged executives to liberate their minds and boldly innovate. He pointed out three directions for Taotian Group: return to Taobao, return to users, and return to the Internet. In addition, Jack Ma believes that Taotian should be further flattened in its organization. Many employees expect that after the end of "618", the group will usher in reforms in a number of management systems. (LatePost later)

Internet news

5. WeChat is launched in quiet mode, and everything is silent after it is turned on

WeChat has launched a new feature: "Quiet Mode". This feature is specially developed for those who cannot hear the sound.

Updating to the latest version on iOS WeChat can be enabled through "WeChat" - "Me" - "Settings" - "Care Mode" - "Quiet Mode". After that, WeChat will no longer make any sound in all scenarios such as message notification, audio and video calls, and video content playback. (WeChat)

6. The 58th Enterprise Service was renamed Jusheng Enterprise Service

According to the news on June 19, Tianyancha App showed that recently, the former Wuba Enterprise Service Information Technology Co., Ltd. had a number of industrial and commercial changes, and the company name was changed to Jusheng Enterprise Service (Beijing) Information Technology Co., Ltd., and Han Yingli stepped down as legal representative and manager, and Shi Zhaoyang took over. Shareholder information shows that the company is jointly held by Wang Yong, Tianjin Wubadaojia Life Service Co., Ltd., Beijing Fengyun Angel Equity Investment Fund Management Partnership, etc. (Tianyan Check)

7. Tencent will create a one-stop industry mockup selection store

At the Tencent Cloud Industry Big Model and Intelligent Application Technology Summit, Tang Daosheng, Senior Executive Vice President of Tencent Group and CEO of the Cloud and Smart Industry Business Group, announced that Tencent Cloud MasS will create a one-stop selection of industry big model stores. According to reports, the big model selected stores cover ten major industries such as finance, culture and tourism, government affairs, media, and education, providing more than 50 solutions. Based on these capability models, customers only need to add their own unique scenario data to quickly generate their own exclusive models. (Sina Technology)

8. Experts expect GDP growth in the second quarter may be above 7% year-on-year

The first half of the year is about to end. Looking at GDP data, many experts interviewed by reporters believe that due to the low base in the same period last year, the year-on-year GDP growth rate in the second quarter may be above 7%, and the GDP growth rate in the first half of the year is expected to reach 6.0%. Based on the recent differentiation of economic data, Pang Ming, chief economist and head of the research department of JLL Greater China, believes that in the next stage, the growth rate of private investment and its proportion of total investment still have potential to increase. (Yien.com)

Cross-border newsletter

9. Amazon Overseas Purchase 618 sales increased by more than 50% year-on-year

On June 19, Amazon's 618 overseas purchase mid-year promotion ended. During the peak period of 2023, Amazon's overseas shopping sales increased by more than 50% year-on-year, of which Amazon's overseas shopping WeChat mini-program sales exceeded 3 times last year, sales of six major categories doubled, and new users increased by more than 50% year-on-year. It is understood that this year, Amazon's overseas shopping 618 promotion will be launched on May 30, combining international first-tier and niche brands to cover all categories of products, providing Chinese consumers with overseas shopping experiences ranging from 30% off. (Beijing Business Daily)

10. Alibaba International Station added the "Sales Ban Rules for Mechanical Equipment "Cannot be used to process drugs and related controlled substances""

On June 19, Alibaba International Station issued a notice stating that according to relevant domestic and foreign regulations, in order to prevent the illegal production and processing of drugs and related controlled substances, Alibaba International Station prohibits the sale of mechanical equipment that can be used to produce or process drugs and related controlled substances. Based on the above background, the platform will upgrade the "Pharmaceutical Equipment Control Rules for Processable Controlling Drugs", add the "Rules for Banning Sales for Mechanical Equipment "Maintainable Used for Processing Drugs and Related Regulated Substances", and the new rules will officially come into effect and implement on June 28, 2023. (Alibaba International Station)