Morning information:
1. The WeChat mini program "Tmall Youpin" has suspended service;
2. Zhou Hongyi: AI should not cause large-scale layoffs, but should help improve capabilities and efficiency;
3. Jack Ma's affiliated company denies the acquisition of Hong Kong Evergrande Center;
4. Shopify Collabs has launched a new commission automatic payment function;
5. Amazon German employees strike demands an increase in wages;
...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. The WeChat mini program "Tmall Youpin" has suspended service
According to June 26, on the eve of this year's 618 promotion, Tmall launched the "Tmall Youpin" mini program on WeChat, mainly selling electrical products and supporting WeChat payment. However, currently (June 26) the "Tmall Youpin" mini program has suspended service. Clicking on the "Tmall Youpin" mini program can only see the system prompt page. The information of the mini program shows that the "Tmall Youpin" mini program was renamed from "Meow Me" in May this year. This is the first time that Taobao e-commerce has appeared in WeChat's retail mini program named after "Tmall". The products sold on Tmall Youpin include mobile phones, home decoration, small appliances, etc., and also support old-for-new exchange. Since the goods sold are mainly home appliances, the distribution link is relatively diverse. The platform provides direct delivery of goods on the platform or delivery of nearby offline stores. In order to attract consumers, the platform has also launched a 10 billion subsidy and a Tmall 618 discount. (Titanium Media)
2. What is worth buying Dragon Boat Festival consumption trend: Zongye’s GMV increased by 166.87% year-on-year
According to June 26, "What is worth buying" recently released the Dragon Boat Festival consumption trend. Data shows that from June 15 to June 24, the Dragon Boat Festival on the platform has made consumption hot. The GMV of Dragon Boat Festival related consumer goods such as sachets, rice dumplings, and Hanfu have increased by 139.97%, 166.87%, and 103.17% respectively compared with the same period last year. The sales ratio of salty rice dumplings to sweet rice dumplings is about 3:1, and the year-on-year growth rate of meat rice dumplings and egg yolk rice dumplings was 28.68% and 56.94% respectively. Seasonal fruit consumption also ushered in a big rise during the Dragon Boat Festival. On the platform where "fruit" keyword product GMV increased by 22.60% year-on-year, while the GMV of cherries, durians and lychees increased by 71.06%, 65.44% and 54.26% year-on-year respectively. (What's worth buying)
Internet news
3. Jack Ma's affiliated company denies acquiring Hong Kong Evergrande Center
On June 26, in response to the incident of Hong Kong's Evergrande Center being renamed Wantong Insurance Center, the outside world speculated that the relevant ownership rights had also been changed. Yunfeng Financial Group Co., Ltd. made a clarification, saying that the company and its non-whoever-owned subsidiary Wantong Insurance International Co., Ltd. have never purchased any ownership rights of Wantong Insurance Center. Wantong Insurance has rented Wantong Insurance Center since 2000. Since Wantong Insurance is the main tenant of the building, after fair negotiations with the building owner, it agreed to change the name of the building from China Evergrande Center to Wantong Insurance Center. (Interface News)
4. Chen Rui, B station: The number of video playback minutes will be replaced by the number of playback times
On June 27, at the 14th anniversary celebration of Bilibili, Chen Rui, Chairman and CEO of B station, shared three things that B station has focused on over the past 14 years: good content, careful UP hosts, and good communities. He introduced that the total revenue of UP owners in B station in 2022 increased by 28% compared with the previous year. In the first quarter of this year, 1.5 million UP owners received revenue, a year-on-year increase of 50%. Chen Rui also announced that in order to better explore the high-quality content of B Station, B Station will use the time spent by users on actually watching the video, that is, the number of playback minutes, instead of the current number of playback times. In the future, B Station's video display data will only display the number of playback minutes of the video. (Securities Times)
5. Zhou Hongyi: AI should not trigger large-scale layoffs, but should help improve capabilities and efficiency
On June 26, the World Internet Conference Digital Civilization Dialogue was held in Qufu, Jining, Shandong from June 25 to 27. This morning, Zhou Hongyi, founder of 360 Group, said in a speech on the topic of "building safe and reliable artificial intelligence" that the concept of the development of artificial intelligence is people-oriented. Large models should not cause large-scale layoffs, but should help employees of enterprises and governments improve their capabilities and efficiency, becoming the easiest tool to enable every ordinary person to truly use it. (Lightning News)
6. WeChat Pay will carry out system maintenance on June 28
On June 26, the WeChat payment service provider platform recently issued a notice on maintenance of corporate payments to change on June 28. The notice stated that WeChat Pay plans to carry out system maintenance from 02:00 to 04:00 on June 28, 2023. It is understood that WeChat Pay is a third-party payment platform under Tencent Group and was officially launched in August 2013. With the core concept of "WeChat Payment, More Than Payment", it has created a variety of convenient services and application scenarios for individual users, and provides professional collection capabilities, operation capabilities, fund settlement solutions, and security guarantees for various enterprises and small and micro merchants. (Mobile Payment Network)
Cross-border newsletter
7. Amazon German employees strike to demand increased wages
German public sector union Ver.di called on Monday to start a 48-hour strike immediately at Amazon warehouses in the eastern city of Leipzig. Amazon employees demand a collective labor agreement with the company, which includes an increase of €2.5 per hour for the next 12 months. (ENECNEWS)
8. eBay Automobile and Motorcycle Parts launched four major promotional activities in the third quarter
On June 26, eBay invested a lot of resources to support Chinese auto and motorcycle parts sellers. In the third quarter of 2023, eBay will launch four major promotional activities at the same time, laying the foundation for helping Chinese sellers seize the category dividends and continue to deepen their auto and motorcycle parts. Specifically, the major promotions for strategic categories of automobile and motorcycle parts and industrial products will be held once every quarter in four quarters of the year. The promotional categories involve 170 subcategories of the four major sites in the United States, Britain, Germany and Australia, all of which are high-potential categories. The site demand is large and it continues to grow. China has a supply advantage. Each site's subcategory has a basic GMV target, an L1 target, and an L2 target; GMVs that exceed the target will receive 15%, 30%, and 50% transaction fee rewards respectively. Automobile and Motorcycle Parts Europe and Australia high-potential model promotion, automobile and motorcycle parts category + European and Australian sites + designated categories and high-potential models, if eBay recognizes that the buyer purchases the model and the model adapter table published by the seller, the transaction will receive an 80% FVF effective transaction fee reward, etc. (eBay)
9. Shopify Collabs launches automatic commission payment function
June 26th news, Shopify Collabs is a platform that brings brands and creators together. This upgrade provides a reliable and consistent payment processing system for creators to earn commissions – automatic payments, helping sellers save time and resources. The way sellers pay commissions to creators depends on when Shopify Collabs is installed. If the seller installs Shopify Collabs after April 27, 2023, the commission will be processed through automatic payment; before joining, the commission will still be processed through manual payment, but the seller can click the "Payment" setting in the app at any time and switch to automatic payment. (Shopify e-commerce independent website subscription account)
10. SHEIN denies secret application for listing in the United States, saying the news is untrue
According to June 26, a source today posted a message on Weibo that China's cross-border e-commerce company SHEIN has secretly submitted materials to relevant parties in the United States and applied for listing in the United States. Sources also said SHEIN has hired Bank of America, Goldman Sachs and JPMorgan to take charge of the IPO. In response to this, SHEIN responded to reporters that the news was untrue. (Cailianshe)
EN
CN
