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#Laogao E-commerce Newsletter# [E-commerce Morning News on August 4]

2023-08-04

Morning information:


1. Video account will no longer support the configuration of "Add Enterprise WeChat" on the homepage and live broadcast room;

2. JD.com Group will announce its 2023 interim performance announcement on August 16;

3. Kuaishou Technology will announce its interim results for 2023 on August 22;

4. Amazon: It expects revenue of US$5.5 billion to US$8.5 billion in the third quarter;

5. Shopee Philippines Station: The order incomplete rate exceeds the order, or the current limit may be restricted;

...


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1. Kuaishou punished cheating and transporting more than 400 illegal accounts


On August 3, Kuaishou issued a penalty notice on cheating and moving operations. Recently, the platform discovered during inspection that some accounts have "improperly obtained platform traffic by using cheating and handling methods", which is contrary to the original concept of the platform encouraging. In July 2023, the platform has punished more than 400 illegal accounts. Violations include but are not limited to the following types: splicing other people's videos with your own videos to achieve the purpose of monetization; using cheating methods to simply adapt the videos of others' videos to accumulate traffic for your account. (Webmaster's Home)


2. JD.com will announce the 2023 interim results announcement on August 16


On August 3, JD.com Group issued an announcement that the company's board of directors will hold a meeting on August 15, 2023 to approve related matters, including the approval of unaudited financial results and announcements for the three months and six months ended June 30, 2023. The company will upload the 2023 interim results announcement to the Hong Kong Stock Exchange after trading hours on the Hong Kong Stock Exchange on Wednesday, August 16, 2023 and before the opening of the US market. The company's management will hold a conference call at 8:00 pm on August 16, 2023 to discuss the company's financial results for the three months and six months ended June 30, 2023. (JD Group)


3. Kuaishou Technology will announce its interim results for 2023 on August 22


8月3日消息,快手科技发布公告称,将于8月22日举行董事会会议,藉以考虑及批准 本集团截至2023年6月30日止六个月之未经审核综合中期业绩。(快手科技)


4. Video account will no longer support the configuration of "Add Enterprise WeChat" on the homepage and live broadcast room


On August 3, the WeChat Video Account official issued a notice to merchants that due to the adjustment of function, the video account will no longer support the configuration of "Add Enterprise WeChat" on the homepage and live broadcast room. For old users who have been configured and equipped with unbinding, the official said that they can continue to use "Add Enterprise WeChat" and will not be affected for the time being. (Whip the Cow)


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5. SF Express donated 10 million yuan to support Beijing, Tianjin and Hebei and other affected areas


On August 3, the SF Express Public Welfare Foundation announced that it would donate 10 million yuan to work with relevant public welfare institutions to give full play to SF Express's operating network and supply chain advantages in Beijing, Hebei, Tianjin and other places, provide emergency rescue to the affected areas, give priority to solving emergency needs such as scarce materials and living resettlement in the disaster area, and will provide assistance and support for post-disaster reconstruction. On the afternoon of August 3, SF Express urgently allocated 20 rescue vehicles to load more than 60 tons of mineral water and food and other urgently needed materials, and arrived in Zhuozhou City, Hebei Province at around 18 o'clock. After being handed over to the Red Cross, it is being uniformly allocated and distributed to local affected people. (SF Express Charity Foundation)


6. Yimutian launches "Support North China" Disaster Reduction and Farmers' Love Action


On August 3, Yimutian officially launched the "Support North China" disaster reduction and farmers' charity action, and launched multiple measures such as donation of charity materials, traffic assistance for merchants in disaster areas, and free market sales to fully help agricultural products in disaster areas recover sales channels as soon as possible. At the same time, it called on charity merchants across the country to unite and support North China, and contribute to the recovery and reconstruction of the affected areas. Yimutian called on millions of businesses to contribute their love and donate charitable materials to the people in the disaster area, including daily living materials (rice, flour, grain, and oil), emergency materials (tent flashlights), production materials (seedlings, poultry, agricultural machinery and agricultural tools), etc. For all areas affected by floods and farmers who have agricultural product sales needs, Yimutian sales agency business will launch a "Green Channel for Disaster Reduction and Aiding Farmers". Users in disaster areas can contact Yimutian through Yimutian's official channel (you can directly scan the code to submit information or call 400-888-0664). Its sales agency channels covering dozens of markets across the country will help you meet the needs of the people in disaster areas for free. The platform will provide merchants in Hebei, Shandong, Tianjin, Beijing and other places with a platform traffic help worth tens of millions to help disaster areas resume normal business activities as soon as possible. (Yimutian YMT)


Cross-border newsletter


7. Shopee Philippines Station: The order incomplete rate exceeds the amount of the order may be restricted


On August 3, Shopee Philippines Station issued a notice saying that starting from September 4, sellers whose order incomplete rate reaches 60% or more will be charged 2 or 3 points depending on the situation. According to its previous scoring policy, if the score reaches 3 points, the seller will not be able to participate in marketing activities; if the score reaches 6 points, the seller will not be able to participate in marketing activities, the product will also be restricted. (Shopee)


8. Amazon: Prime delivery speed hits a high last quarter


According to August 3, Amazon recently announced that it achieved the fastest Prime delivery speed ever in the last quarter. So far this year, it has delivered 1.8 billion items to its US Prime members, almost four times the speed of delivery in 2019. (Yibang Power)


9. Tmall International's "New World Factory" was launched in the southwest for the first time


On August 3, Tmall International's first new cross-border supply chain model "New World Factory" has been launched in the Guangdong-Hong Kong-Macao Greater Bay Area in April this year. Today, the Chongqing Xiyong Comprehensive Bonded Zone New World Factory was officially put into production, becoming the first New World Factory in the southwest region. At present, more than ten brands from New Zealand, Germany, Spain and other countries have negotiated cooperation intentions with the Chongqing Xiyong Comprehensive Bonded Zone New World Factory. (Xiyong Micro Electric Park)


10. Amazon: Estimated revenue in the third quarter of 5.5 billion to 8.5 billion US dollars


On August 4, looking forward to the third quarter of 2023, Amazon expects net sales to be between $138 billion and $143 billion, or a 9% to 13% increase compared with the third quarter of 2022. The guidelines expect foreign exchange rates to have a favorable impact of about 120 basis points. Operating revenue in the third quarter is expected to be between $5.5 billion and $8.5 billion, compared with $2.5 billion in the third quarter of 2022. (Oriental Fortune Network)


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