It was revealed that the so-called special wine in the live broadcast room cost only 10 yuan, 20 people were arrested and involved in a case of 12 million yuan; Yu Minhong responded to the cyberbullying: It was not affected too much; Amazon's multiple warehouses were out of stock丨E-commerce Morning News

On September 1, Zhou Hongyi released a video of his conversation with Yu Minhong at the Yabuli Forum yesterday. He said that he saw Yu Minhong being subjected to a huge amount of online violence some time ago, and he originally wanted to comfort Yu Minhong. "When I saw that you were in better condition than me, I wanted to ask you how you could maintain this mentality as if nothing had happened?"

According to CCTV News, in some live broadcast rooms, the lowest price for a bottle of commemorative "special supply" Moutai liquor is only 99 yuan, and the most expensive is less than 300 yuan. The "bargain" price makes many consumers excited. The police investigation found that this live broadcast room started selling liquor in October 2023, and in just a few months, sales reached more than 4 million yuan. The so-called famous brand liquor was actually filled with low-priced liquor with a cost price of 10 yuan, and the live broadcast room did not have the agency and sales rights of Moutai liquor...

On a certain platform, the account "General Practitioner Xiao Li" with the certification information of "General Practitioner of Liaoning Provincial People's Hospital" has put a number of health products on sale in the live broadcast room. Its live broadcast dynamics show that the frequency of live broadcast is basically one per day, sometimes starting at 3 am, and its store shows a total sales volume of 286,000 and 18,000 followers. In addition, the account "Zhi Yu Xi Teacher Hua" with the certification information of "Hua Ye, Chief Physician of Urology Department of Shengjing Hospital Affiliated to China Medical University" has posted short videos on topics such as "foot control", "length", "young women" and "average level".

On August 30, it was learned from the official website of the Hong Kong Stock Exchange that Fengchao Holdings Co., Ltd., a terminal logistics solution provider, submitted an application for listing to the Hong Kong Stock Exchange, and the exclusive sponsor is Huatai Financial Holdings (Hong Kong) Co., Ltd. From the prospectus, it can be seen that Fengchao's revenue from 2021 to 2023 will be 2.526 billion yuan, 2.891 billion yuan, and 3.812 billion yuan respectively, and its net losses from 2021 to 2023 will be 2.071 billion yuan, 1.166 billion yuan, and 541 million yuan respectively. The net profit from January to May this year was 71.6 million yuan.

On September 1, the Financial Times reported that the Chinese e-commerce group behind Temu has accumulated the most cash reserves among all listed companies that do not pay dividends or repurchase shares. This week, Temu's stock price plummeted after refusing to pay dividends to investors.

U.S.-listed Pinduoduo Holdings has $38 billion in net cash reserves, more than double that of its nearest rival, Elon Musk’s Tesla, according to a Financial Times analysis. While Pinduoduo’s value has soared after expanding from China to at least 49 markets over the past two years, its cash hoarding is seen as a red flag by some investors who say its financial statements are opaque and poorly communicated.

The Shanghai-based company's shares fell 31% this week after it warned in a conference call that record profitability could decline and said it would not pay dividends or buy back shares in the foreseeable future. [Financial Times]

On August 31, it was reported that Taobao will launch a service product for the scenario of including shipping costs for returns, and merchants can order directly from the Taobao platform. Under the new service model, the merchant's return shipping costs will be at least 10% off the original shipping insurance, and a large number of merchants may even enjoy after-sales costs that are 50% off or even lower than the original.

In terms of implementation, since Taobao directly provides services to merchants, the platform will routinely provide a guarantee for lower-cost return shipping scenarios, and can directly provide different degrees of discounts based on the merchant's own situation (such as new merchants, low-profit industries, and small and medium-sized merchants), reducing costs to an acceptable range for merchants, and the merchant's after-sales service costs will be greatly reduced. (The Paper)

On August 31, technology media 9to5Mac published a blog post on August 30, sharing a rendering showing a bronze titanium iPhone 16 Pro phone. According to previous reports, Apple's iPhone 16 Pro Max phone has added a bronze color. There are 4 colors: white titanium, black titanium (it looks more like black, it is not ruled out that it is due to light), original color titanium, and bronze titanium. Judging from the exposed photos of the machine model, Apple may abandon blue titanium and introduce bronze for the iPhone 16 Pro Max this year. (IT Home)

On August 31, Xiaohongshu E-commerce and Shanghai Fashion Design Association jointly held the "Treasure Manager Plan·Fashion Designer Special" in Zhangyuan, Shanghai. At this event, Xiaohongshu E-commerce announced that it will continue to increase its support for fashion managers and launch a new fashion event "RED Fashion Design Contest" to support the original Chinese designer group, provide support for the commercial development of fashion brands, and continue to "generate blood" for the development of the fashion ecosystem. The event will also set up a fashion industry salon and fashion market, with more than 200 fashion brands and 200 fashion buyers participating in the exchange. (Ebrun Power)

On September 1, Gome Retail recently released its unaudited interim results for the six months ending June 30, 2024. The financial report shows that in the first half of 2024, the group recorded sales revenue of approximately 169 million yuan, a decrease of 59.28% from 415 million yuan in the same period last year. The loss attributable to the owners of the parent company was 4.432 billion yuan, an increase of approximately 25.23% from the loss of 3.539 billion yuan in the first half of 2023; the loss per share increased from 8.2 cents in 2023 to 9.4 cents in 2024. (E-Commerce News)

On September 1, Xianyu released the "Personal Seller Traffic Guarantee Plan", which guarantees the traffic of individual sellers from three aspects: "people" - adding comprehensive service labels for individual sellers, "goods" - adding personalized selling point labels for personal idle items, and "place" - launching a new entrance for personal idle items.

On August 31, Amazon reached a new commercial agreement with Covariant to obtain a non-exclusive license for Covariant's robot base model. As part of this work, Amazon plans to expand its artificial intelligence and robotics team in the Bay Area to tap world-class talent and advance the latest automation technology.

On August 31, Allegro, the largest e-commerce platform in Poland, plans to officially enter the Hungarian market in September this year. The Hungarian version of Allegro, allegro.hu, shows information about its upcoming launch in Hungary. In Warsaw and Prague, Allegro has begun recruiting professionals who are fluent in Hungarian. In addition, the company also allows sellers in the Czech Republic and Slovakia to list their products on the Hungarian platform. (E-commerce News)

On August 30, Meikeduo announced a strategic partnership with Falabella subsidiary Mallplaza to leverage its shopping mall network to improve the logistics and shopping experience of Chilean customers. The partnership will allow Meikeduo customers to pick up and return goods purchased on the Meikeduo platform through various logistics points in Mallplaza shopping malls. In addition, Meikeduo sellers will have the opportunity to use their points to deliver orders, significantly improving the efficiency and convenience of the service. (Ebrun Power)

On August 31, it was reported that Amazon plans to launch its fast business service in India as early as the first quarter of next year, with the goal of achieving fast delivery within 20-30 minutes. In line with this strategy, Amazon India has appointed Nishant Sardana, the current head of smartphones and accessories, to lead the formulation of its fast business strategy. The strategy aims to consolidate Amazon's leading position in the Indian market in order to gain more profits in the rapidly expanding Indian market.

On August 30, the Lazada & Daraz Merchant Conference was held a few days ago. At the conference, the relevant person in charge of Daraz said that Lazada and Daraz have completed deep integration. Merchants can choose to open stores on Lazada or Daraz and enter the nine major markets in Southeast Asia, including the Philippines, Malaysia, Singapore, Thailand, Vietnam, and South Asia, including Pakistan, Bangladesh, Sri Lanka, and Nepal.

Amazon's multiple warehouses are overwhelmed. Amazon announced that the 2024 Fall Member Day promotion will be held in October. Sellers need to prepare goods in advance to prevent warehouse overflow during the peak season. Multiple FBA warehouses in the West Coast of the United States, such as LGB8 and ONT8, have been overwhelmed, and the appointment time for pallets and floors has been extended to several weeks. The US-China FTW1 warehouse is also overwhelmed, and appointments are tight. As for the East Coast terminals, the New York APM terminal is congested in the afternoon and the time to pick up the container is extended; the SAV terminal is operating normally. In addition, the unloading speed of the Los Angeles and Oakland terminals is faster, but the waiting time for Los Angeles train transfer is as long as 7-10 days, and some are delayed to 15 days. There is a shortage of racks at the Chicago train station, and you need to bring your own racks to pick up the container. Sellers need to pay close attention to inventory and logistics trends to meet the challenges of the peak season.