Taobao Tmall adjusts its operation pace! No longer following PDD, setting up hurdle for "refund only".
Perhaps this also means that Taobao will no longer follow the "pdd holdings model" and return to its own operation rhythm. Stimulated by the rapid rise of pdd holdings, many platforms, including Taobao, have imitated some of its operational modes in recent years.
Alibaba Options Spot-On: On July 26th, 119.66K Contracts Were Traded, With 2.26 Million Open Interest
On July 26th ET, $Alibaba(BABA.US)$ had active options trading, with a total trading volume of 119.66K options for the day, of which put options accounted for 19.76% of the total transactions, and
Express News | Hedge fund FengHe's 13F disclosure shows a large increase in market cap of positions: they closed out positions in Tal Education and Alibaba, and added positions in Taiwan Semiconductor and PDD Holdings.
Express News | USA's large investment advisor Sporrei 13F disclosure: reduce positions in Alibaba and Bilibili, increase position in Vipshop.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Jefferies Maintains Alibaba(BABA.US) With Buy Rating, Maintains Target Price $116
Jefferies analyst Thomas Chong maintains $Alibaba(BABA.US)$ with a buy rating, and maintains the target price at $116.According to TipRanks data, the analyst has a success rate of 35.6% and a total
Alibaba Group Holding Price Target Maintained With a $116.00/Share by Jefferies
Alibaba Group Holding Is Maintained at Buy by Jefferies
Jefferies Maintains Buy on Alibaba Gr Hldgs, Maintains $116 Price Target
Watching Alibaba; Traders Circulate Jefferies Note Saying The New Service Fee Arrangement Is A Positive To CMR, "We View Service Fees Applied To Taobao And Tmall Is a Positive On Incremental Service Fees From Taobao' Expect Taobao Represents About 50%...
Big moves from Taobao and Tmall!
On July 26th, it was announced that Taotian Group has officially launched a series of new strategies, including: the official launch of a new version of the experience point system, optimization of the 'refund only' policy, and the complete cancellation of Tmall membership fees.
US Stock Market Outlook: Core PCE is higher than expected! Three major indices are strong, and growth tech stocks are booming before the market opens; Wedbush is not afraid of the cooling of the "AI fever": the valuation of growth tech stocks is more heal
BlackRock co-founder: If Trump is elected US president, it will pose a risk to US stocks. Fierce local competitors, iPhone's market share in China dropped out of the top five for the first time in four years. Deckers rose more than 12% before the market, Q1 profit and revenue exceeded expectations, and raised its full-year profit forecast.
Paris Olympics brings business opportunities! Which concept stocks will rise with the trend?
The Paris Olympics will open on July 26, and this is the first Olympics to shake off the shadow of the pandemic. The Olympics is not only a sports event, but also brings economic opportunities. Companies can take this opportunity to aggressively promote products to a global audience and attract more customers.
Alibaba-SW (09988.HK): External competition is slowing down, and 88VIP and full-site promotion are expected to drive sustainable growth of the main platform.
The core opinion group is facing core issues: 1) The performance of the e-commerce main business is weak due to the competition of Douyin e-commerce and PDD, and the market share continues to decline, with no growth in mmf; 2) Large investment resources were previously put into new retail, Taote and Taocai and other businesses but did not find a solution.
Starting from August, Taobao will optimize its "refund only" strategy. High-scoring merchants can enjoy greater autonomy in handling after-sales.
Taobao announced that it will optimize the strategy of "refund only" (full or partial refund without returning the goods) from August 9th, and launch a new version of the experience rating system, divided into "store experience rating" and "product experience rating (PXI)", which will completely replace the previous seller service evaluation system. The company hopes to balance the interests of consumers and merchants, and form a more benign and healthy e-commerce ecosystem. Under the new measures, for merchants who have a comprehensive store experience rating of 4.8 or higher, the platform will not actively intervene or support refund-only applications after users receive the goods through the instant messaging platform "Wangwang", but will encourage merchants to negotiate with consumers first. As for
Express News | Taobao will loosen its "refund only" policy and cancel or reduce after-sales intervention based on merchant service quality.
Market Chatter: Shanghai-Based AI Startup Secures 5 Billion Yuan in Series A Round
Express News | Starting from September 1st, Tmall will completely cancel the annual fee.
"Hong Kong stock" Hang Seng Index rose 16 points, household appliances and heavy equipment stocks rose sharply, and East Buy selection fell 23%.
The US economy grew more than expected last quarter. The Dow rose 81 points or 0.2% on the evening of the 25th, and the Hong Kong stock market rebounded with the external trend. The Hang Seng Index opened high by 74 points, rose 224 points in the early stage to 17,229 points, and then fell back. It once fell 80 points to 16,924 points, rose 16 points or 0.1% in the whole day, and closed at 17,021 points. The HSI Tech Index rose 22 points or 0.7%, and closed at 3,443 points. The total turnover of the market for the whole day was 104.67 billion yuan, and the net inflow of southbound transactions of Shanghai, Shenzhen and Hong Kong stock connect was 5.791 billion and 4 billion yuan respectively.
Express News | Taotian unbinds the policy, only refund is available, and the store traffic rules have been greatly revised.
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