Evening information:
1. Douyin released the "Rules on E-commerce Creator Violations and Credit Score Management";
2. Kuaishou solicited opinions on the "Implementation Rules for the Blocking and Reduction of Kuaishou Stores";
3. Tmall International updates store naming specifications;
4. Shopee will increase the limit on giving away products for full amounts;
5. Alibaba invests in cross-border export e-commerce WOOK;
...
Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.
E-commerce newsletter
1. Kuaishou’s collection of “Implementation Rules for the Blocking and Reduction of Kuaishou Stores”
According to August 14, in order to protect the legitimate rights and interests of Kuaishou store merchants/experts, reduce Shangda's operating costs, and guide Shangda to operate in compliance and positive manner, Kuaishou recently issued a solicitation of opinions on the addition of the "Implementation Rules for the Blocking and Reduction of Kuaishou Stores". The collection is valid from August 12, 2023 to August 18, 2023. The detailed rules mention that in addition to the blocking disposal measures being replaced or exempted, other disposal measures in the breach of contract, including but not limited to deductions, payment of liquidated damages, restriction of e-commerce traffic, and prohibition of live broadcasts will not be revoked or exempted. (Kuaishou E-commerce)
2. Douyin releases "E-commerce Creator Violation and Credit Score Management Rules"
On August 14, Douyin issued a notice today stating that in order to create a good product sharing environment and regulate the product sharing behavior of Douyin users, the "E-commerce Creator Violation and Credit Score Management Rules" has been formulated. If the user's violations are bad, he refuses to rectify multiple or large-scale violations, and commits multiple violations, and the above behavior has a bad impact on the Douyin platform, the Douyin platform will take measures such as increasing the deduction of credit points, temporarily or permanently closing the account. Types of violations include false propaganda, content cheating, infringement, etc. (Tiktok E-commerce Learning Center)
Internet news
3. Alibaba invests in cross-border export e-commerce WOOK
On August 14, Tianyan Check data showed that Shenzhen WOOK affiliated company of cross-border export e-commerce WOOK has undergone industrial and commercial changes recently, and shareholders have added Alibaba's Hangzhou Haoxing Enterprise Management Partnership, Guangzhou Yingke Investment Development Co., Ltd., and Zhang Yun. At the same time, the registered capital increased from approximately RMB 8.8749 million to approximately RMB 8.9838 million. (Tianyan Check)
4. Lighthouse officially launches box office forecasting function
On August 14, the one-stop promotion and distribution platform Lighthouse recently officially launched the box office forecast function. Based on the big model framework, scientifically calculates the daily box office and total box office of the film "T+1". This function relies on AI big models to complete deep learning, improving box office forecasting accuracy to a new stage in the industry. It is reported that this is the first box office forecasting product in the film industry built on AI models. (China Daily)
5. Thailand's local life platform LINE MAN Wongnai acquires POS system
On August 14, Thailand's local life platform LINE MAN Wongnai announced that it had completed the acquisition of local POS startup FoodStory, further increasing investment in the restaurant solution market. It is reported that LINE MAN Wongnai has now established a complete ecosystem covering takeaway, online car-hailing, restaurant reviews, errands, POS systems, etc.; this year, it also launched a WeChat takeaway mini program, which can operate in Chinese throughout the process and supports WeChat payment. (Dongdian Technology)
6. Apply for Gaode Hotel trademark for Gaode Map
On August 14, Gaode Map's affiliated company Gaode Software Co., Ltd. recently applied to register multiple "Gaode Hotel" and "Gaode Hotel" trademarks, with international classifications including catering accommodation, advertising sales, education and entertainment, etc. It is understood that Gaode Software Co., Ltd. was established in September 2001. The legal representative is Dong Zhenning, with a registered capital of approximately RMB 642 million. Shareholder information shows that the company is jointly held by Hangzhou Baoxuan Investment Management Co., Ltd. and Alibaba Culture and Entertainment Co., Ltd. (Qichacha)
Cross-border newsletter
7. Tmall International updates store naming specifications
On August 14, Tmall International recently issued an announcement stating that with the continuous development and changes in consumer demand and business models, Tmall International will timely explore new store types and business models with merchants through proactive invitations or opening settlements, and will update the "Tmall International Store Naming Specifications" and will officially take effect on August 17, 2023. Tmall International’s store name and domain name are generated based on the category, brand attributes and other elements of the merchant’s product. If the store name has been occupied or other special circumstances, Tmall International has the right to make appropriate adjustments. (Tmall International)
8. eBay: Some photovoltaic-related categories can enjoy zero VAT preferential policies
On August 14, eBay announced that in order to continue to promote the sales of photovoltaic-related categories of Greater China sellers in eBay Germany, starting from August 6, 2023, when sold to individual buyers in Germany, eight of the photovoltaic-related categories sold by sellers in Greater China can enjoy zero value-added tax preferential policies. (eBay)
9. Shopee will increase the limit on free products
According to August 14, Shopee said it will increase the limit on the purchase of goods for full amounts. From August 17, 2023, the number of days for the purchase of gifts cannot be higher than the number of days for the purchase of the main products. If the established full-value gift activities violate this provision, the gifts will be permanently deleted from August 24, 2023. (Shopee)
10. Cross-border Pass responded to "Amazon intends to acquire cross-border business assets of Cross-border Pass": It is not true
On August 14, it was reported that Amazon is interested in acquiring cross-border business assets of Cross-border Connect. In response, the Cross-border Connect Securities Department recently responded: The news is not true, the company has not received relevant notices, and if there is any relevant content, the company will make timely announcements. (Whip the Cow)
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