Workflow
即时零售
icon
Search documents
酒类流通平台壹玖壹玖陷资金困境?加盟商曝其“以货抵债”
Nan Fang Du Shi Bao· 2025-09-24 23:51
酒类流通领域首家新三板上市公司壹玖壹玖近期被曝再遭困境。近期,有多家深圳地区壹玖壹玖加盟门 店店主表示,自6月以来,壹玖壹玖开始大规模拖欠线上业务清分款项,导致门店资金周转困难。 壹玖壹玖深圳分公司负责人向南都湾财社记者表示,已向加盟商提出以货抵款方案。不过,记者获悉, 并非所有加盟商都愿意接受这一方案,有加盟商向记者表示,"难道我们拿货去给房租,发工资,还银 行贷款吗?" 南都湾财社记者也就拖欠款项的总额、原因、公司经营状况等问题向壹玖壹玖总公司发去采访函,截至 发稿时未获回应。 昔日酒类流通巨头被指拖欠加盟商货款 | 医期名称 | 收入(元) | 变出(元) | 贴算全都(元) | 状态: | | --- | --- | --- | --- | --- | | 20250901-20250907 | 11 02 | 10.00 | ¥1 1.02 | 模型中 | | 20250825-20250831 | ¥5 78 | 0000 | ¥5 7.78 | 楼现中 | | 20250811-20250817 | ¥10,00 59 | ¥-158.89 | ¥1 24.00 | 授现中 | | 202507 ...
小红书,接了淘宝“扔掉的生意”?
3 6 Ke· 2025-09-24 11:10
Group 1 - The core viewpoint of the article is that Xiaohongshu is making a significant push into e-commerce by launching a buyer window and offering incentives to new buyers, indicating a strategic shift towards enhancing its e-commerce business [1][2][7] - Xiaohongshu's monthly active users have surpassed 350 million, with an average daily usage time of over 74 minutes, and 170 million users seeking purchases each month [1] - The e-commerce landscape is highly competitive, with major players like JD.com and Taobao aggressively vying for market share, particularly in instant retail [3][5] Group 2 - Xiaohongshu's unique selling proposition lies in its focus on "non-standard" products, which are personalized and cater to niche demands, contrasting with the price and quality competition of other platforms [4][11][12] - The platform's user demographics are primarily female, with strong purchasing power and a preference for personalized, non-standard products [12] - However, challenges exist in the non-standard product market, including unstable demand and difficulties in after-sales service and quality assurance [13][16][17] Group 3 - The potential market for non-standard products may be limited, as evidenced by the performance of similar platforms like Etsy, which, despite being a leader in its niche, has a significantly lower GMV compared to giants like Amazon [18][20][21] - Xiaohongshu's approach to e-commerce is influenced by its desire to maintain the integrity of its community content, which emphasizes usefulness over mere commercial transactions [26][29][53] - The article suggests that while Xiaohongshu faces many opportunities in e-commerce, it also encounters substantial challenges that will require time to navigate [55]
宣布大消息,阿里巴巴放量大涨
Zhong Guo Ji Jin Bao· 2025-09-24 10:58
【导读】阿里巴巴宣布牵手英伟达,放量大涨!中芯国际再创历史新高 9月24日,香港三大股指全线上涨。恒生指数涨1.37%,恒生科技指数涨2.53%,恒生中国企业指数涨1.64%。大市成交2887.72亿港元,南向资金净买入 137.05亿港元。 | 恒生指数成份股中有49只上涨,36只下跌。阿里巴巴上涨9.16%,中芯国际上涨5.72%,信义光能上涨4.91%,领涨蓝筹。 | | --- | 香港恒生行业指数表现方面,非必需性消费行业指数上涨4.22%,资讯科技业指数上涨2.21%,工业指数上涨1.09%;跌幅方面,医疗保健业指数下跌 0.46%,原材料业指数下跌0.40%。 从盘面来看,概念板块多数上涨,蚂蚁金服指数涨6.65%,智能电视指数涨6.29%,集成电路产业基金指数涨5.43%。跌幅方面,医美指数领跌7.6%,富士 康指数跌3.51%,未盈利生物科技指数跌2.18%。 阿里巴巴宣布牵手英伟达 阿里巴巴宣布与英伟达开展Physical AI合作,并将重磅升级全栈AI体系,在3800亿元基础上追加资本支出。受此利好消息带动,阿里巴巴放量大涨,股价 全天收于174.00港元/股,涨9.16%;成交额达44 ...
方正证券:维持阿里巴巴-W(09988)“强烈推荐“评级 关注大促淘天表现与超预期可能
Zhi Tong Cai Jing· 2025-09-24 09:51
Core Viewpoint - Fangzheng Securities maintains a "strong buy" rating for Alibaba-W (09988), highlighting the company's successful integration of instant retail and e-commerce, as well as rapid growth in its cloud business, which opens up a second growth curve [1] Group 1: Financial Projections - The company is expected to achieve revenues of 1,058.6 billion, 1,169.0 billion, and 1,269.9 billion yuan for the fiscal years 2026, 2027, and 2028 respectively, with net profits of 111.6 billion, 145.1 billion, and 173.7 billion yuan [1] Group 2: Strategic Developments - Alibaba has restructured its business from a 1+6+N model to four major segments, completing the strategic integration of Taotian Group, Ele.me, and Fliggy, thereby creating Alibaba China E-commerce Group [2] - The launch of the Taobao membership system integrates member benefits across various Alibaba resources, leading to a significant increase in the 88VIP user base, which reached over 53 million, reflecting a double-digit year-on-year growth [2] Group 3: User Engagement and Traffic - The introduction of Flash Purchase integrates high-frequency scenarios such as takeout, travel, and local life with e-commerce, enhancing daily active users on Taobao and fulfilling one-stop shopping needs [2] - In August, the average daily orders for instant retail reached 80 million, contributing to a 20% increase in monthly active users on the Taobao app, which in turn boosted advertising and customer management revenue [2] Group 4: AI and Efficiency - Alibaba is leading in AI investment within the industry, with e-commerce being a key application area. The recent launch of the "Wanshangtai AI Unlimited" aims to provide merchants with a smarter and more reliable AI partner for operational efficiency and growth [3]
顺丰同城20250923
2025-09-24 09:35
Summary of SF Express City Conference Call Company Overview - SF Express City is the largest independent third-party instant delivery service provider in China, achieving its first profit in 2023 with a net profit of approximately 50 million yuan, and is expected to double its profit in 2024, driven by rapid growth in merchant delivery and last-mile delivery services, both exceeding a compound growth rate of 30% [2][5] Core Business Insights - The instant retail model meets consumer demand through hourly delivery, relying on front warehouses and regional supply chains for high-frequency fulfillment. SF Express City excels in on-time delivery rates and low order rejection rates, enhancing customer loyalty through dedicated delivery personnel for major clients [2][3] - Instant retail is experiencing rapid growth due to changes in consumer behavior, smaller household needs, and fragmented work hours. Competitors like Meituan and JD have established supply chains and last-mile capabilities, driving market expansion [2][8] - Instant retail complements traditional e-commerce, primarily covering perishable goods, daily necessities, and healthcare products, which require high timeliness. E-commerce giants are accelerating their entry into the instant retail market, with ongoing subsidies expected, especially during major sales events like Double Eleven [2][9] Financial Performance and Projections - SF Express City's revenue structure includes 42% from merchant delivery services, 42% from last-mile delivery, and 15% from personal delivery services. The growth in merchant and last-mile services is driven by increasing demand from brand owners and e-commerce platforms [6] - The company’s cost structure is primarily based on labor outsourcing, allowing for a light asset operation model. Increasing rider density and order volume creates a positive cycle, improving fulfillment capabilities and reducing delivery costs, with the cost per delivery now below 5 yuan, approaching Meituan's level [12][16] Market Position and Competitive Advantage - SF Express City holds a leading position in the instant delivery market, with its top four clients accounting for 40% of revenue. It commands an 8% market share, significantly higher than competitors like Flash Delivery at 2% [16] - The company benefits from a neutral positioning, not charging commission fees but earning from delivery service fees, providing a cost advantage on high-value orders. It focuses on meeting brand clients' timeliness and fulfillment requirements, attracting partnerships with major brands like Sam's Club and Huawei [14][15] Future Growth Potential - The instant retail market is projected to reach nearly 2 trillion yuan by 2033, with a compound growth rate of 20% to 30%. The demand for instant retail is expected to grow rapidly, driven by the expansion of e-commerce platforms [11][18] - SF Express City is expected to see its net profit double in 2025 and 2026, potentially reaching around 900 million yuan by 2027, with a valuation of approximately 11 to 12 times earnings [18] Strategic Collaborations - Collaboration with SF Group helps reduce costs and improve efficiency, as the demand for instant retail and express delivery peak at different times, allowing for better resource allocation [17] - The company is expected to increase its share of group express collection from less than 30% to over 40% in the coming years, enhancing operational efficiency [17] Conclusion - The growth of the instant retail market and strategic collaborations position SF Express City for significant future growth, reinforcing its market leadership and operational efficiency in the competitive landscape of instant delivery services [19]
全棉时代全国超300家线下门店接入淘宝闪购
Xin Lang Ke Ji· 2025-09-24 09:17
Group 1 - The core viewpoint of the article highlights the successful integration of All Cotton Era's official flagship store with Taobao Flash Purchase, enabling rapid delivery of over 400 products within a 3-kilometer radius from physical stores [1][2] - All Cotton Era has connected 229 offline stores to Taobao Flash Purchase, covering 57 cities, with plans to add 91 more stores by the end of September, bringing the total to 320 [1] - The product categories available through Flash Purchase have achieved full coverage, with textile products accounting for 70% of sales, indicating strong demand in this segment [1] Group 2 - Since joining Taobao Flash Purchase, the sales of the 229 stores have increased by over 1300% year-on-year, with monthly order volume rising from 500 to 2000, reflecting a 300% month-on-month growth [1] - The company has made strategic adjustments to adapt to the instant retail trend, expanding product categories to include household cleaning, sanitary napkins, and travel essentials to meet diverse consumer needs [2] - Alibaba's CEO of China e-commerce, Jiang Fan, mentioned that integrating offline stores into Taobao Flash Purchase will enhance the shopping experience and is expected to generate an additional 1 trillion yuan in transactions over the next three years [2]
即时零售行业首个!美团闪购携十大品牌上线白酒全链路保真体系
转自:新华财经 新华财经北京9月24日电 9月24日,美团闪购联合茅台酱香酒、汾酒、洋河、古井贡酒、剑南春、西 凤、今世缘、郎酒、水井坊等十余家头部白酒品牌,推出即时零售行业首个白酒全链路保真体系,以正 品保障为核心,在白酒售前、售后、配送等环节推出多项服务举措,促进白酒产业知识产权保护,为消 费者打造"安心买酒,正品保真"的购物体验,构建健康可信的闪购白酒生态。 全链路正品保障,闪购白酒安心买 "最近闪购过几次茅台酒,每次商家都会在发货前发送实物照片过来,并叮嘱我收货前核对编码。"家住 上海的刘先生表示,"以前我会担心买到假酒,因为假酒维权非常难,不过美团闪购的'实拍返图''假一 赔十'服务,打消了我的疑虑。" 此外,近期美团闪购开始在部分城市的酒水店铺试点上线"白酒鉴定"服务,首批将联合中轻检验认证有 限公司等权威检测机构,为用户提供名贵白酒外观鉴定服务。美团闪购将逐步与白酒品牌的官方鉴定网 点资源库打通,搭建品牌线下寄送鉴真服务的线上化流程。消费者收货后如有疑虑,品牌可提供72小时 鉴真服务,并出具检测结果,品牌鉴定结果将与平台赔付体系无缝衔接,打消消费者的正品疑虑。 携手头部品牌,构建"安心买酒"即时 ...
小红书,要“有用”,还是要赚钱?
Ge Long Hui· 2025-09-24 04:32
导语:"有用"是护城河,也是枷锁 关于做电商这件事,小红书终于不纠结了。 在近日举办的首届小红书创作伙伴大会上,小红书宣布正式上线买手橱窗,并计划为新开通的买手提供佣金减免、流量扶持、发放宠粉券等利好政策。 这些举措被认为是小红书继今年8月将"市集"升级为一级入口后,对电商业务的再次加码。 截至目前,小红书月活用户数量已经突破3.5亿,用户日均使用时长超过74分钟。社区每月寻求购买用户数1.7亿,"求链接"类评论每月可达8000万。 坐拥如此规模的需求,加快布局自营电商其实是一件水到渠成的事情。 不过,电商行业早已是一片红海,不然京东、淘宝也不会不惜代价和美团抢夺即时零售的一亩三分地。 作为后进者,小红书必须要回答的问题是,自己的独特之处是什么? 在支付工具和物流体系可以公用的背景下,电商平台的竞争大体可以分为两类,第一类是以京东和天猫为代表,卷品牌、卷质量;第二类是以拼多多为代 表,卷价格。 抖音和快手虽然有"内容电商"的标签,但从直播间里动辄出现的"限时优惠"和"十块钱买不了吃亏上当"口号来看,价格驱动仍然至关重要。 即时零售火了以后,"30分钟送达"成了新的竞争点。但是淘宝闪购靠补贴将订单量几乎与美团拉 ...
天猫汽车「摩电追风」品类日登陆中国摩博会,携手品牌发布二轮车消费趋势
Sou Hu Wang· 2025-09-24 03:46
2025年上半年,国内的摩托车和电动二轮车市场迎来了爆发式的增长。 低碳出行已成为越来越多都市人的日常选择,相比汽车出行,骑上摩托车、电动车更能享受"说走就 走"的乐趣,既不用负担昂贵的养车成本,又能避开大城市的拥堵困境。在新国标的助推下,二轮车行 业也逐渐向智能化、高颜值、高端消费的方向全面升级。 淘宝天猫作为线上二轮车产业商家聚集场,依托于淘系海量供给,自今年上半年以来,用户主动搜索二 轮车相关需求超5.4亿次,成交用户超6000多万;二轮车整车消费人群中,88vip占比超70%。合作品牌 中,有20多个品牌加入亿元俱乐部,5款单品销售过亿,超5700万新品在天猫首发,增速突破40%。 正值金秋销售旺季,二轮车行业迎来发展新机遇。天猫汽车于9月19日至21日上线「摩电追风」超级品 类日-二轮车专场,并携手行业TOP品牌、新势力品牌亮相第二十三届中国国际摩托车博览会。沉浸式 骑行体验+平台购物狂欢节,打造一场线上线下联动的行业盛会! 基于对二轮车消费市场的前瞻洞察,天猫超级品类日摩电追风专场联合小牛、雅迪、极核等品牌发布城 市智行、骑行颜究、硬核骑士三大消费趋势。 01 城市智行 在都市通勤与近郊出行的使用 ...
蜜雪冰城,如何度过柠檬水危机?丨消费参考
Group 1 - The core issue is a supply crisis of lemons affecting the flagship product, lemon water, of the company Mixue Ice City [1][7] - The shortage of lemons has been reported in multiple cities including Zhengzhou, Shanghai, and Changsha [2] - The internal discussions regarding the lemon supply issue began as early as May this year [4] Group 2 - Climate change has led to significant fluctuations in lemon production, with major production areas like Sichuan experiencing a reduction of 30%-60% due to adverse weather conditions [5] - The wholesale price of lemons has surged to 14.98 yuan per kilogram, nearly double the price of 7.87 yuan per kilogram from the previous year [6] - The demand for lemons has increased by 200% due to rising summer temperatures, further exacerbating the supply issue [5] Group 3 - The lemon shortage is expected to persist due to limited domestic production areas [8] - The company remains optimistic about overcoming the lemon water crisis, with expectations of imported lemons arriving soon [9] - Some leading tea brands are considering using concentrated lemon juice as a substitute during the supply crisis [10][11]