#Laogao E-commerce Newsletter# [E-commerce Evening News on July 18]

Evening consultation:

1. Pinduoduo’s 10 billion subsidy officially launched the “Summer Carnival”;

2. Oriental Selection App entered the top 10 of the IOS shopping list;

3. Haikou achieved online transaction volume of over 110 billion yuan in the first half of the year;

4. Shopify will release its second quarter 2023 financial report on August 2;

5. Amazon US websites are prohibited from selling oral tape from July 31;

...

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

E-commerce newsletter

1. Douyin introduces group purchase and distribution regional agents in five cities including Beijing, Shanghai and Guangzhou

According to reports on July 18, it is reported that since July, Douyin Life Service has introduced "group buying and distribution regional agents" in five cities such as Beijing, Shanghai, Guangzhou, Chengdu and Changsha. For example, the limited service area of ​​Xiamen Linshi Network Technology Co., Ltd. is Fengtai District, Beijing, and the limited service area of ​​Changsha Shunju Supply Chain Management Service Co., Ltd. is Changsha Tianxin District. (Yibang Power)

2. Haikou achieved online transaction volume of over 110 billion yuan in the first half of the year

According to statistics, in the first half of this year, the province achieved online retail sales of 59.326 billion yuan, a year-on-year increase of 22.37%. Among online retail sales, physical online retail sales were 31.625 billion yuan, an increase of 15.94% year-on-year, and service online retail sales were 27.7 billion yuan, an increase of 30.64% year-on-year. (Haikou Daily)

3. Oriental Selection App rushes into the top 10 of IOS shopping list

According to July 18, the Oriental Selection App recently conducted its first exclusive outdoor broadcast, with the highest number of online users reaching 46,000. It is worth mentioning that the number of downloads of the Outdoor Selection App on the day of its debut exceeded that of Sam's App and entered the top 10 Apple Store Shopping List. Oriental Selection has handed over a brilliant report card through its own app and set a new high in its live broadcast data after the app was established. In addition, the independent "first show" Oriental Selection App has undergone a new round of iterations. The app live broadcast portal has launched two live broadcast rooms, "Oriental Selection Membership Store" and "self-operated products", and can open multiple accounts to live broadcast simultaneously. (Whip the Cow)

4. Pinduoduo’s 10 billion subsidy officially launches the “Summer Carnival”

On July 18, Pinduoduo's 10 billion subsidy officially launched the "Summer Carnival" today, and jointly with domestic and foreign brands, it regularly launched special areas such as cycling, outdoor, beauty, pets, digital, home appliances, home textiles, luggage, etc., covering consumers' summer consumption needs such as home, outdoor, and travel. It is understood that this event will last until the end of "Domestic Day". Consumers open the Pinduoduo App and search for "Summer Carnival" to enter the event page. (China Economic Network)

5. Douyin e-commerce has added the "SF Express Free Shipping" marking function

On July 18, Douyin e-commerce recently added the "SF Express Free Shipping" marking function. Products marked with "SF Express Free Shipping" will be delivered to consumers by SF Express and free shipping, and home delivery services will be provided during delivery. It is understood that it is free for Douyin e-commerce merchants to order the "SF Express free shipping" service, and merchants do not need to pay any fees to the Douyin platform. The actual fulfillment service of SF Express free shipping is provided by SF Express service providers, and the merchants need to pay the SF Express service fees to SF Express service providers themselves. (financial)

Internet news

6. eBay will debut at ChinaJoy exhibition

According to July 18, the 20th China International Digital Interactive Entertainment Exhibition will be held at the Shanghai New International Expo Center from July 28 to July 31. eBay, a global business leader, will bring popular genuine collections to the 2023 ChinaJoy Trendy Art Toy Exhibition, sharing international market trends, industry information, including collection cards, trendy toys and commemorative coin stamps, as well as diversified services for collectibles transactions on the eBay platform, helping domestic collectibles enthusiasts explore new opportunities in the global market of collectibles. (eBay)

7. Brand Finance 2023 Global Technology Brand Value List: Amazon ranks first, and three Chinese companies enter the top ten

On July 18, the British brand evaluation consulting company "Brand Finance" recently announced the 2023 global technology brand value list, Amazon ranked first, and three Chinese companies entered the top ten. According to Brand Finance, the agency evaluates 5,000 major brands every year, publishes more than 100 reports, ranks brands in all industries and countries, and selects the top 100 most valuable and strongest technology industry brands in the world. In this year's list, Amazon ranked first on the list with a brand value of $299.9 billion, Apple followed closely with a brand value of $297.5 billion, and Google ranked third with a brand value of $281.4 billion. (IT Home)

Cross-border newsletter

8. Amazon US site is prohibited from selling oral tape from July 31

On July 18, Amazon's US website issued an announcement stating that due to the potential dangers of oral tape when sleeping, any listing of sleep tape products will be removed from the Amazon store for safety reasons. Amazon said oral tape will no longer be allowed to be sold on Amazon from July 31, 2023. For the safety of Amazon customers, any listing of sleep tape products will be removed from Amazon’s store. (Amazon Seller Forum)

9. Amazon Brazil accelerates delivery speed Brazilian 6 cities achieve 2-day delivery

July 18th news, it is reported that in order to shorten delivery times and continuously improve customers' shopping experience, Amazon Brazil has expanded its cooperation with Azul Linhas Aéreas Brasileiras to further accelerate its delivery system in Brazil. Under the new agreement, consumers in Port Alegre will receive the packages they purchased on Amazon within one business day. According to reports, since the two companies cooperated, Azul has shipped more than 1 million products to Amazon customers in northern Brazil as of November 2022. Amazon has 10 distribution centers and 24 delivery stations in the country, and thousands of employees serve all cities in Brazil. (painellogistico)

10. Shopify will release its second quarter financial report for 2023 on August 2

According to July 18, Shopify plans to announce its second quarter financial report as of June 30, 2023 after the market closes on August 2, 2023. The Shopify management team will hold a conference call on Wednesday, August 2, 2023 at 5:00 pm ET to discuss second-quarter results. (Shopify)