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New Consumer Daily, December 21st - The main content of today's New Consumer Daily includes: Akan Food's response to withdrawing its listing application; The cumulative passenger volume of Shenzhen Airport has once again exceeded 50 million this year; New Oriental Culture and Tourism has established new companies in Beijing and Tianjin.
Industry news
Alibaba Group CEO Wu Yongming concurrently serves as Taotian Group CEO to ensure unified command of core strategies
On December 20th, Alibaba announced that Wu Yongming, CEO of Alibaba Group and Chairman of Taotian Group, will also serve as CEO of Taotian Group.
Alibaba Group Chairman Cai Chongxin stated in a letter to all members that Wu Yongming, who took over as CEO of Alibaba Group for three months, has clarified the strategic focus and priority choices of the entire group, made resolute choices around the main business, and comprehensively promoted the reform of the management team's youthfulness. Having Wu Yongming concurrently serve as the number one position for Alibaba Cloud and Taotian will help to lead Taotian's transformation through technological innovation, and ensure the group's unified command and high-intensity continuous investment in the two strategic focuses of e-commerce and cloud.
Li Ning Company responds that participating in the Nordic outdoor brand "Stickstick" only follows and does not participate in management and operation
Recently, Ryan Capital has acquired 100% equity of the Nordic outdoor brand Haglfs AB from Arthas. In response, Li Ning Company stated that Li Ning Company is a limited partner of funds under Ryan Capital, and this investment is not an acquisition of Li Ning Company. Li Ning Company is a follow-up investor and will not participate in the management and operation of the acquiring company. It is reported that the current non-executive chairman of Ryan Capital is Li Ning, and the founder of the company is Li Ning. In 2020, Li Ning acquired the well-known British footwear brand Clarks through Feifan Lingyue (formerly known as Feifan China) and Ryan Capital.
Hema, Ele.me, and Alibaba Pictures collectively refute false rumors
Today, according to media reports, Wu Yongming has made a series of capital plans: Hema is already considering selling, Ele.me, or there will be new capital actions, while Youku is considering merging with Alibaba Pictures, but the premise is stable profitability.
Regarding this, Hema, Ele.me, and Alibaba Business have all stated that the news is untrue.
Tiffany&, a subsidiary of LVMH Group; Co. Tiffany's entry into Tmall luxury goods
On December 20th, it was reported that Tiffany&, a world-renowned jewelry brand under LVMH Group; Co. Tiffany has officially joined Tmall Luxury and launched the "Tiffany Tiffany Official Flagship Store". At present, Tmall is the first e-commerce platform in China to integrate the five luxury goods groups of LVMH, Kaiyun, Lifeng, Chanel, and Herm è s.
Huifa Food's wholly-owned subsidiary plans to distribute a profit of 100 million yuan to shareholders in cash
Huifa Food announced that its wholly-owned subsidiary Shandong Heli Agricultural Development Co., Ltd. plans to distribute profits. The specific distribution plan is: as of December 31, 2022, Heli Development's distributable profits are 121 million yuan, and Heli Development has decided to distribute profits of 100 million yuan to shareholders in cash.
The Hong Kong Airport Authority predicts that flights can return to pre pandemic levels by the end of next year at the earliest
According to the website of Radio Hong Kong, the Airport Authority of Hong Kong stated that Hong Kong International Airport currently handles over 960 flights per day, reaching 80% before the outbreak. It is expected to return to pre pandemic levels by the end of next year at the earliest.
New Oriental Culture and Tourism established new companies in Beijing and Tianjin
According to Tianyancha, recently, New Oriental Wokaide (Beijing) Cultural and Tourism Co., Ltd. and New Oriental Wokaide (Tianjin) Cultural and Tourism Co., Ltd. were established, with legal representatives Tao Ran and Zhang Hongqing, and registered capital of 3 million RMB each. Their business scope includes tourism business, conference and exhibition services, private entry and exit intermediary services, internet sales, etc.
The equity panoramic view shows that both companies are wholly-owned by Beijing New Oriental Wokaide International Education Travel Co., Ltd., which is a wholly-owned subsidiary of Beijing New Oriental Culture and Tourism Co., Ltd.
Sam's Club in Jiading District, Shanghai will open on December 28th
On December 20, according to the "Shanghai Jiading" WeChat official account, the Sam's Club Store in Jiading District, Shanghai will open on December 28.
VR glasses' promise of cashback upon check-in is difficult to fulfill, and iQiyi and others are being interviewed
Recently, Beijing, Tianjin Consumer Association, and Hebei Provincial Consumer Protection Commission jointly held talks with iQiyi, JD.com, and Qingdao Dream Blossom Technology Co., Ltd. At the interview, the three companies elaborated on the causes and countermeasures of the incident. The Beijing Tianjin Hebei Consumer Association hopes that the three companies will attach great importance to it and provide practical and feasible solutions in writing as soon as possible. The Beijing Tianjin Hebei Consumer Association will take measures as appropriate to further fulfill its legal responsibilities.
Founder and CEO of Tuba Rabbit Group, Wang Guobin: Fully Accelerating the Construction of AI+Industry Full Scenario Infrastructure
Recently, Wang Guobin, founder and CEO of Tuba Rabbit Group, announced the 2024 strategy of "lifting the head" and "supporting the waist" at the 9th Tuba Rabbit Ecological Conference in 2023. In the upcoming year 2024, Tuba Rabbit will propose a "head up" and "waist up" plan for cooperative clothing companies, focusing on improving their brand competitiveness and human efficiency; We provide supply chain procurement and exhibition hall services for waist decoration enterprises, while also offering capabilities such as flat efficiency, stable customer acquisition, and conversion of volume and room signing; Office costs, integrated operations, and ecological IP empowerment.
Meanwhile, Wang Guobin revealed at the 2023 Ecological Conference that Tuba Tu is fully accelerating the construction of AI+industry full scenario infrastructure, including digital humans and AI renderings, as well as AI matching, AI customer service, and AI marketing materials. It is reported that in 2023, Tuba Rabbit has benefited a lot from increasing investment in user insights, AI algorithms, and precise matching with decoration designers, with a 91% increase in store signing rate and a 123% increase in distribution signing rate.
Huang Jin, co-founder and president of 52TOYS: Building an ecosystem centered on IP
Recently, Huang Jin, co-founder and president of 52TOYS, revealed that the brand's original deformable mecha series, BEASTBOX (English name: BEASTBOX), launched in 2016, has officially moved from the 1.0 era focused on product development to the 2.0 era of "toys+IP", starting to build a dynamic circle centered on IP. Liu Ruoting, the head of the 52TOYS IP Committee, released a specific plan for the IP ecosystem at the meeting, mentioning that the brand will gradually launch novels, comics, animations, movies, and other content around the Beast Box IP in the future. At the same time, 52TOYS announced the official signing of a contract with renowned domestic science fiction writer Wang Nono, who will serve as the official novel author for the original transformation mecha toy IP of Monster Box, and create novels for IP.
Fresh news about cross-border shipping
The total import and export value of Shanghai in the first 11 months of this year reached a historic high of 3.86 trillion yuan
According to statistics from Shanghai Customs, the total import and export value of Shanghai in the first 11 months of this year was 3.86 trillion yuan, an increase of 1.2% compared to the same period in 2022, setting a new historical high. Among them, exports reached 1.59 trillion yuan, an increase of 1.7%; Imports reached 2.27 trillion yuan, an increase of 0.8%; The trade deficit was 683.57 billion yuan, narrowing by 1.4%.
Luckin's response to Thai Luckin's claim of 2 billion yuan
The Royal 50R Group of Thailand has officially filed a lawsuit with the court, demanding that the court order China Luckin Coffee to compensate for economic losses of 10 billion Thai baht (approximately RMB 2.046 billion).
It is reported that the Royal 50R Group of Thailand is a local Thai enterprise engaged in diversified business management in retail, new energy, tourism, real estate, catering, and other industries, with a background in the Thai royal family and military government.
Luckin Coffee responded to the issue of being claimed 10 billion baht by Thai fake Luckin Coffee, stating that the situation still needs to be verified.
Investment and Financing News
Akan Food responds by withdrawing its listing application
Sichuan Baijia Akuan Food Industry Co., Ltd. and its sponsor have applied to withdraw their application documents for IPO and listing, and the Shenzhen Stock Exchange has decided to terminate the review of their initial public offering and listing on the main board.
On December 20th, Akan Food stated that based on the current capital market environment and policy guidance, combined with careful consideration of strategic planning and development, the company has decided to adjust its work plan related to listing. The company will continue to operate steadily and consolidate the development of the main business of non fried new convenient food.
Turtle Dad Received Exclusive Investment in L Catterton A+Series
On December 20th, a children's professional skincare brand - Turtle Dad Hi! Papa recently announced the completion of an exclusive A+round investment by L Catterton, the world's largest consumer private equity firm.
Industry Opinion Express
According to Shenzhen Airport, the cumulative passenger volume of this year has once again exceeded 50 million. Following 2019, the cumulative passenger volume of Shenzhen Airport has recently exceeded 50 million again, and the passenger transportation business has returned to the same level as the same period in 2019. In terms of domestic routes, Shenzhen Airport has nearly 130 domestic passenger transportation points, and the passenger volume of domestic routes has exceeded the level of the same period in 2019. There are 35 international and regional passenger routes, covering five continents worldwide. At present, Shenzhen Airport has over 600 inbound and outbound passenger flights per week, with the ASEAN route network and business volume ranking among the top in domestic airports.
Enterprise WeChat helps private domain operation to increase new consumption opportunities such as famous innovative products and Decathlon
At the 2023 Practical Entrepreneurs Summit Consumer Session jointly organized by Enterprise WeChat and the Chinese version of Harvard Business Review, multiple companies shared the importance of managing private domains well and related methodologies.
In 2023, Miniso confirmed its transformation from a "retail company" to a "content company" driven by interest consumption. To this end, Miniso recruited 50000 KOCs from 39 million private WeChat followers, and based on this, produced 4 million pieces of content, bringing in 1.7 billion exposure, becoming a moat for Miniso brand marketing. Decathlon, the sports brand, maintains customers' enthusiasm for sports through online private domain operations after customers leave the store through WeChat. Yili created a mini program called "Yihao Tuan" to remove large inventory products at special prices.
Incheon Airport in South Korea is expected to recover passenger throughput to 80% before the pandemic this year
Incheon International Airport Commune of South Korea said on December 20 that it is expected that the annual passenger throughput of this year is expected to return to 79% of the level in 2019 (71.17 million person times) before the COVID-19. According to the commune, the number of aircraft taking off and landing at Incheon Airport this year increased by 97.3% year-on-year, to 338000; The cargo and mail throughput decreased by 6.9% to 2.74 million tons; The passenger throughput increased by 213.1% to 56 million people.
The Japan Tourism Administration reports that the number of foreign visitors to Japan this year has exceeded 20 million after a three-year gap
According to the estimated data released by the Japan National Tourism Administration on December 20th, the number of foreign visitors to Japan in November was 2.4408 million, which is basically the same as the level in the same month of 2019. From January to November this year, the total number of people exceeded 22.33 million, and since the record breaking year of 2019 (31.88 million people), it has once again exceeded 20 million people in three years.
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