On August 16th, New Consumer Daily reported that the main content of today's New Consumer Daily includes: Starbucks' new CEO will receive tens of millions of dollars in equity rewards; Alibaba's revenue for the first quarter of 2025 increased by 4% year-on-year; JD Group's net revenue increased by 1.2% year-on-year in the second quarter.
Industry News
JD Group's net revenue for the second quarter was 291.4 billion yuan, an increase of 1.2% year-on-year
On August 15th, the Hong Kong Stock Exchange of JD.com announced that its net revenue for the second quarter of 2024 was 291.4 billion yuan, an increase of 1.2% year-on-year; The net profit attributable to ordinary shareholders of the company was 12.6 billion yuan, compared to 6.6 billion yuan in the same period last year.
Alibaba's revenue for the first quarter of 2025 reached 243.24 billion yuan, a year-on-year increase of 4%
Alibaba Group released its quarterly performance as of June 30, 2024, with a revenue of 243.24 billion yuan for the first quarter of 2025 (end of June quarter), a year-on-year increase of 3.9%, and a market estimate of 249.85 billion yuan; Adjusted EBITDA was 51.16 billion yuan, a year-on-year decrease of 1.7%, with an estimated 47.52 billion yuan.
Alibaba Group released its quarterly performance as of June 30, 2024, with Cainiao's revenue increasing by 16% year-on-year to RMB 26.811 billion, continuing to grow steadily.
Xiaomi SU7 Max orders are expected to have a delivery cycle shortened by up to 5 weeks
Xiaomi founder Lei Jun posted on Weibo on the evening of the 14th that after a series of production improvement measures, the delivery of Xiaomi SU7 is still accelerating. Starting from 20:00 on August 14th, the delivery of Xiaomi SU7 Max will be further accelerated, and the estimated delivery cycle for the lock order will be shortened by 6 weeks compared to before; The expected delivery cycle for Xiaomi SU7 Max orders that have already been locked can be shortened by up to 5 weeks, which will be reflected tonight.
Gree strengthens its new retail and air conditioning dealers in multiple locations place orders through the online batch system in the new cold year
According to reports, the air conditioning industry entered the 2025 new refrigeration year in August this year. Gree's air conditioning distributors in Guangdong Guangfo, Shandong, Hebei and other places will place orders on Gree's new online batch system in the new refrigeration year, changing the previous practice of purchasing goods from Gree regional sales companies, reducing sales levels, and responding to intensified competition. It is reported that the new online batch system of Gree Electric Appliances is being improved under the guidance of Dong Mingzhu by Wang Zirong, who is currently the project leader of Gree Electric Appliances' digital channel reform.
Huawei Mate60 Series announces price reduction
On August 15th, Huawei's terminal Weibo announced that the Huawei Mate60 series has launched an autumn promotion, with a maximum discount of 800 yuan. Regarding this, Huawei staff stated that there is indeed a price reduction activity for the Mate60 series at present. If customers have purchased related products before the price reduction activity, they can apply for "price protection" within the validity period and receive a refund of the price difference.
Old model owners who have not yet been scheduled for production can upgrade to the 2025 new model by Jike
The reporter learned from the customer service of Jike Motors that all users who place orders for the 2024 Jike 001 and 007 series before 8 pm on August 13th can upgrade to the corresponding 2025 models. Configuration selection and confirmation need to be completed before 24:00 on August 16th. Car owners who have already shipped and purchased their current vehicles are not eligible for the upgrade policy.
Tiktok's takeout business returns to local life
According to media reports, Tiktok takeout, formerly affiliated to Tiktok e-commerce instant retail, was announced internally last week to return to Tiktok's local life business line. This is the second structural adjustment of Tiktok delivery business within half a year.
Midea and Meituan reach strategic cooperation
Recently, Midea and Meituan announced a strategic cooperation and signed a cooperation agreement. According to the cooperation between the two parties, Midea Group plans to settle all 25000 of its own retail specialty stores on the Meituan platform by 2024. It will explore new digital cooperation channels such as trade in of household appliances, smart kitchens, and partial renovations around the "takeaway+in store" dual home mode.
1688 will intensify its entry into the C-end race track and adopt a membership store model
1688 will soon increase its focus on the consumer market on the C-end (individual consumer end) and try the membership store model. An insider from 1688 revealed that previously, platform merchants were more inclined to meet the needs of large B-end purchasing buyers. Now, platform investment promotion tends to attract more supply from brand substitutes and big brand contract factories, and the proportion of C-end traffic will increase in the future.
Alibaba Mama's full site promotion is now available online
According to media reports, Alimama's new tool "full site promotion" is now open to all Taobao and Tmall merchants. According to Hu Bao, Director of Alibaba Mama Operations Center, when merchants use "whole site promotion" for one click cold start quantity of goods, choosing the system suggested bidding mode can earn additional natural traffic bonuses ranging from 10% to 40%. In addition, the traffic delivery cycle for promoting the entire website is shorter, from the industry's usual 2-week time to 7 days. Transactions made after 7 days will no longer be charged and will be given away for free.
Juewei Food received a notice of filing from the China Securities Regulatory Commission for suspected illegal disclosure of information
Juewei Food announced that on August 15, 2024, the company received a "Notice of Filing" issued by the China Securities Regulatory Commission. Due to suspected violations of information disclosure laws and regulations, the China Securities Regulatory Commission has decided to file a case against the company. At present, the company's various production and business activities are proceeding normally. During the investigation period, we will actively cooperate with the investigation work and fulfill our information disclosure obligations in a timely manner.
Luckin Coffee's stock price rises 20 times
Recently, Luckin Coffee welcomed global brand spokesperson Liu Yifei. At the same time, Luckin Coffee's stock price has risen from $0.95 per share to over $20 per share, in line with its listing price. Behind the scenes investors such as Dazheng Capital and Joyful Capital may become big winners.
HEYTEA releases caffeine content label for tea beverage industry
On August 15th, HEYTEA was the first in the industry to publicly disclose the caffeine content of freshly made beverages on sale. Referring to relevant research on caffeine metabolism in the human body and its potential impact on sleep, HEYTEA used the "Caffeine Traffic Light" health label to classify and publicize the caffeine content of its products. Based on this, HEYTEA provides drinking time guidelines for different beverages, helping consumers choose personalized drinking methods according to their personal needs and constitution.
Starbucks' new CEO will receive tens of millions of dollars in equity rewards
Starbucks announced on August 14th local time that incoming CEO Brian Niccol is eligible for an annual equity award worth $23 million and will receive an additional $75 million in stock awards for giving up his stake in Chipotle. Starbucks stated in a document that Brian Niccol's initial base annual salary is $1.6 million, and he will also receive a cash signing bonus of $10 million.
The net profit of Small Commodity City in the first half of 2024 was 1.448 billion yuan, a year-on-year decrease of 27.54%
On August 15th, Small Commodity City announced that the company achieved a revenue of 6.765 billion yuan in the first half of 2024, a year-on-year increase of 31.1%; The net profit attributable to shareholders of the listed company was 1.448 billion yuan, a year-on-year decrease of 27.54%. The basic earnings per share were 0.27 yuan, a year-on-year decrease of 27.03%.
Zero Run Motors' net loss for the first half of 2024 is 2.2117 billion yuan
On August 15th, Zero Run Automotive announced that its revenue for the first half of 2024 was 8.8454 billion yuan, an increase of 52.2% year-on-year; The net loss attributable to equity holders of the company was 2.2117 billion yuan, compared to 2.2761 billion yuan in the same period last year.
Lenovo Group's revenue for the first quarter of fiscal year 2025 is $15.45 billion
On August 15th, Lenovo Group reported a revenue of $15.45 billion in the first quarter of fiscal year 2025, compared to $12.9 billion in the same period last year. Net profit was 243.4 million US dollars, compared to 177 million US dollars in the same period last year.
Zhouhei duck expects the net profit in the first half of the year to be between 30 million yuan and 35 million yuan
Zhouhei duck announced at the Hong Kong Stock Exchange on the evening of August 14 that the total revenue in the first half of 2024 is expected to be about 1.25 billion yuan, while the total revenue in the same period of 2023 is 1414.8 million yuan; The net profit is between 30 million and 35 million yuan, while the net profit for the same period in 2023 was 101.7 million yuan.
Overseas express delivery
Taobao will adjust the admission requirements for "overseas direct mail" service merchants
On August 14th, Taobao announced that in order to enhance the service experience of consumers in purchasing overseas direct mail products, the Taobao platform will adjust the merchant admission requirements for "overseas direct mail" services. Starting from August 20th, sellers who apply to join this service must first join the global shopping market and apply for a global buyer or global store logo. Starting from August 22nd, we will gradually clear the "Overseas Direct Mail (New)" service targets for non global sellers.
Industry Opinion Express
From January to July, the national online retail sales reached 8378.4 billion yuan, a year-on-year increase of 9.5%
On August 15th, the National Bureau of Statistics released data showing that from January to July, the total retail sales of consumer goods reached 2.73726 trillion yuan, a year-on-year increase of 3.5%. The national online retail sales amounted to 83784 billion yuan, a year-on-year increase of 9.5%.
Institutions claim that Huawei's smartphone revenue and average selling price will reach a historic high in Q2 2024
According to TechInsights data, Huawei's global smartphone shipments increased by 49% year-on-year in the second quarter of 2024, reaching 11.6 million units. Meanwhile, due to the large proportion of high-end models (Mate and Pura series combination), their wholesale average selling price (ASP) and wholesale revenue have reached historic highs. The Chinese market remains Huawei's core market, accounting for 89% of its global smartphone shipments.