Laogao E-commerce News [November 10 E-commerce Evening News Brief]

E-commerce newsletter

1. Kuaishou E-commerce releases a number of incentive policies and traffic support plans in Shandong

On November 10, Pangu Group, a joint service provider of Kuaishou e-commerce , recently held a Shandong E-commerce Industry Belt Salon in Jinan, Shandong. Kuaishou E-commerce released a number of incentive policies and traffic support plans during this salon event to help merchants and anchors achieve rapid growth. During the next period from November 12 to December 11, Kuaishou E-commerce will launch support policies for super merchants and potential merchants to further promote the explosion of sales by the end of the year. In terms of traffic support, Kuaishou E-commerce not only provides two major traffic plans for local merchants in Shandong, but also launches domestic fans traffic support for Shandong industrial belt merchants. From November 12 to December 11, as long as merchants whose single live broadcast GMV is expected to exceed 10,000, they can enjoy the weighting of domestic fans traffic. ( Yibang Power )

2. TikTok e-commerce business notification widget is online

On November 10, Douyin E-commerce recently announced that Doudian has officially launched the e-commerce business notice widget, which can be obtained from Doudian as soon as possible on computers and mobile phones. After opening the business notification widget, you will see the following notifications: reception reminder, notification reminder, waiting for shipment reminder, and after-sale reminder. Click the corresponding icon in the widget and you can also jump to the corresponding processing page directly. (E-commerce News)

3. Meituan Flash Sales Lightning Warehouse: The warehouse network layout of "Thousand Cities and Ten Thousand Warehouses" will be launched in 2024

According to news on November 10, the person in charge of Meituan’s flash sale lightning warehouse business said that it is expected that by 2027, the scale of the warehouse format will reach 100 billion yuan, and Meituan’s lightning warehouse will have more than 30 billion-level merchants and more than 300 “billion-level merchants”. "In 2024, we will start the layout of 'Thousand Cities and Ten Thousand Warehouses' warehouse network", a relevant person in charge of Meituan Flash Purchase Lightning Warehouse Business said that in order to further innovate consumption scenarios, achieve deep integration and development of online and offline, we will continue to help the city build a convenient living circle for a quarter of an hour. (Securities Times)

4. Kuaishou releases new rules for store experience points and word-of-mouth points for live broadcast room display

On November 10, Kuaishou recently released new regulations on the live broadcast room display of store experience points & word-of-mouth points. For sellers who meet the conditions, the platform will strengthen the score display in the "broadcast message" and "comment section" in the live broadcast room scene. It includes comprehensive scores of store scores or word-of-mouth scores, service level rankings in the same industry, and word-of-mouth evaluations generated by users shopping and trading in stores. This function will be tested and launched on November 13. (Yien.com)

5. TikTok e-commerce has added a public notice on the "SF Express Free Shipping" Service Specification"

According to November 10, in order to protect consumer rights and regulate merchant business behavior, Douyin E-commerce has now revised the "SF Express Free Shipping Service Standards". The public announcement period is from November 10 to November 17, 2023. The rules are expected to take effect on November 18, 2023. The platform will issue formal effective rules separately after the public announcement period expires. This rule applies to Douyin e-commerce platform merchants (excluding global shopping and instant retail merchants) that have launched the "SF Express free shipping" service. (Tiktok e-commerce)

Internet news

6. Brother Xiao Yang said that he moved into a new building of 100 million yuan this Sunday: He once said it would become a new landmark in Hefei.

On November 10, Crazy Brother Yang revealed during the live broadcast that all employees will be moved to the new building office this Sunday. In November 2022, Brother Xiao Yang spent 103 million yuan to buy a house, saying that the "Three Sheep Global Headquarters" will be located in the core area of ​​the Hi-tech Zone with a construction area of ​​50,000 square meters, and said that the building will become a new landmark in Hefei. (Tonghuashun Finance)

7. Fliggy: The order fulfillment rate of Double 11 products in some popular domestic theme parks is close to 60%

According to Fliggy data, as of November 6, 35 large-scale comprehensive resort scenic spots and theme parks "Double 11" products have been sold in Shanghai, Beijing and other places, and more than 40,000 products have been sold in popular resort scenic spots and theme parks in overseas destinations. The order fulfillment rate of some popular theme parks "Double 11" products in China has reached nearly 60%. (Flying Pig Network)

8. China Literature CEO Hou Xiaonan : AIGC promotes the large-scale online literature translation cost to reduce the cost of overseas translation by 90%.

On November 10, the 2023 World Internet Conference Cross-Strait and Hong Kong and Macao Internet Development Forum was held in Wuzhen, Zhejiang. Hou Xiaonan, CEO and President of China Literature Group, said at the conference forum that in terms of embracing new technologies, this year, AI+IP will be regarded as China Literature's strategy. Hou Xiaonan revealed that AI translation is breaking through the limitations of bankruptcy capacity and cost. By establishing a special thesaurus, the translation cost of online literature by China Literature has been reduced by an average of 90%, and the efficiency has been greatly improved. "From the previous day, only a few chapters can be translated to now," a popular translation work has been produced. (Global Network)

Cross-border newsletter

9. eBay Canada upgraded shipping cost calculation function

On November 10, the eBay Canadian site issued an announcement stating that the shipping cost calculation function has been upgraded. Sellers who now use the eBay shipping cost calculation function (Calculated Shipping) can show the shipping discount rate to buyers in the listing . (To Meitong Research Institute)

10. In October, the total number of visits to various sites in Lazada and Shopee Southeast Asia was 724.3 million.

On November 10, data analysis website Similarwed released the number of visits to e-commerce platforms in Southeast Asia (desktop + mobile) and related data in October 2023. In terms of total volume, the total number of visits to websites of Lazada/Shopee (Malaysia, Singapore, Philippines, Thailand, Indonesia, Vietnam) in October was 724.3 million, an increase of 2.8% from 704.7 million last month. Among them, the total number of website visits to Lazada's websites was 153.5 million, a decrease of 4% from the previous month; the total number of website visits to Shopee's websites was 570.8 million, an increase of 4.8% from the previous month; it is worth noting that in October, in the context of the recovery of data of various platforms and sites, Lazada's data in Malaysia, Singapore, the Philippines and Indonesia declined to a certain extent. (Internet Economics and Social Security)