GUANGZHOU, China, July 21, 2020 — Banggood, a leading cross-border e-commerce retailer, has revealed the top-selling brands and products on its platform for the first half of 2020, reflecting sales increase in multiple categories such as Fashion, Home Appliances, Computer & Office, Automobile & Motorcycles, Sports & Outdoor.
Under the pandemic, stay-at-home shopping demand surge boosts online shopping. For the first time in Banggood’s history, ‘Health, Beauty & Hair’ emerged one of the best-selling categories. Masks and oximeters debuted on the top 10 top selling products list, while Xiaomi retained its title as the most popular brand on the platform.
Sales Performance of Personal Health and Fashion Categories Stands Out
From January to June 2020, Banggood witnessed a significant increase in user activity as more people turned to online shopping and a remarkable sales increase during lockdown. Home office, fashion, home appliances and personal health categories were the frontrunners with the largest year-on-year growth in demand for the first half of 2020.
Within the home office category, headset sales surged more than 200% while sales for tablets and laptops also saw a marked increase. In fashion, sales for casual attire soared with a fiftyfold increase for men’s striped lounge wear set and thirtyfold increase for casual men’s shoes.
Home appliances and Health, Beauty & Hair categories have also entered Banggood’s best-seller list for the first time, with LCD projector seeing a 100% increase in a single month and oximeter sales increasing 80 times.
Mobile Commerce (M-Commerce) is Growing
Banggood has also seen an increased proportion in the number of users browsing and buying products on the platform via a mobile device. Banggood’s data revealed that more consumers are downloading and making purchases through the Banggood app, with a year-on-year increase of over 300%. GMV has also significantly improved on these platforms.
Livestream Shopping Emerged as a Key Trend
Social shopping has also emerged as a key trend at the turn of the decade. The number of orders placed during live streams has increased dramatically, and Banggood has found that consumers are rapidly forming a social shopping path whereby they discover — and purchase — their favorite products through live interactions. As a result of numerous live streaming events hosted by Banggood this year, the platform has seen a 70% year-on-year increase in orders placed during these events.
The release of this sales data comes in the midst of the platform’s Summer Prime Sale, Banggood’s largest-scale sales campaign to date. During the sale, Banggood will provide popular products with great discounts and digital coupons worth USD60 million to its users. The sale will peak with the best deals and discounts between July 21st to 24th, together with its 72-hour time-limited live-streaming session – the Banggood LIVESTREAM.
The full list of Banggood’s best-selling brands and products can be found below.
Top 10 Best-selling Brands
XIAOMI
DJI
HUAWEI
ONEPLUS
LENOVO
Topacc
Eachine
BlitzWolf
Geekcreit
Drillpro
Top 10 Best-selling Products
Mobile phone
RC Drones
3D printer
TWS headset
Men’s shoes
Smart watch
Oximeter
Projector
Folding bicycle
Mask
About Banggood
Founded in 2006, Banggood is a leading e-commerce company running its website www.banggood.com and pages on other platforms to offer tens of millions of registered users more than 500,000 types of products, covering from consumer electronics to clothing. Banggood is headquartered in Guangzhou, China, the city of supply chain, with a global reach in North America, Europe, Asian Pacific, South America and Middle East.
SAN MATEO, California, July 20, 2020 — Unbxd Inc., a leading provider of AI-based Commerce Search and Product Discovery solution today announced its partnership with Peak Activity, a technology, and marketing consultancy that partners with enterprises to “Dream, Deliver, & Elevate” their digital results by creating eCommerce platforms that achieve long term and scalable growth through game-changing technology. This is pertinent in today’s economy where more businesses are headed the eCommerce way.
“At PeakActivity, we help online retailers create digital experiences that are fast to stand up, fast to load, and deliver personalized customer journeys. With the power of Unbxd, we are able to assist shoppers in navigating these websites quickly and connect them to the products they are most likely to buy,” says Manish Hirapara, CEO at Peak Activity.
Unbxd with its AI-powered relevance, robust and reliable APIs on a cloud-based platform helps Peak Activity to enhance the on-site shopper experience and boost conversions for its customers. Unbxd adds a layer of data sciences and analytics for customers of Peak Activity to drive useful insights and make informed business decisions.
“With our partnership with Peak Activity, we are enabling faster go to market for all online retailers looking to optimize shopping interactions that enable product discovery,” says Pavan Sondur, CEO, Unbxd. He adds, “Our product offering has not only made retailers see more engagement with the shoppers along the buying journey but has also made Peak Activity maximize returns for their customers through headless commerce implementation.”
About Peak Activity: PeakActivity partners with enterprises to elevate their digital results by creating eCommerce platforms and digital marketing experiences that help grow their business. It delivers innovation, emerging technology, and mobile solutions to the enterprises headed the eCommerce way. Peak Activity’s capabilities span a wide range of sectors and industries, including hospitality, manufacturing, retail, biotechnology, real estate, and finance.
About Unbxd: Unbxd is an AI-powered eCommerce search solution that understands shoppers’ intent and connects them to the products they are most likely to buy — across site search, browse, and recommendation purchase journeys. Unbxd powers search for more than 1300+ eCommerce sites across 40+ countries. The Unbxd product discovery solution is custom-built to be deployed across verticals such as Fashion, Healthcare, Pharma, Autoparts, Home Decor, B2B, and Mass Merchants. For more information, please visit unbxd.com or follow them on LinkedIn.
GUANGZHOU, China, July 17, 2020 — In 2020, ShopSave, the newest social sharing-oriented shopping guide e-commerce platform went live. It was launched by Ruiku Information Technology Co., Ltd. Terry Wang, CEO, says: "ShopSave seeks to satisfy consumer’s demand for cost-effective branded and high-quality products and strives to build ‘Buy to Save, Share to Earn‘ e-commerce ecosystem, in order to promote the optimization and upgrading of the mobile e-commerce industrial structure".
ShopSave brings huge amount of products with super discounts, high cashback and high commissions, so that you can save money and make money just by moving your finger! (Screenshot of interface of ShopSave APP)
Nowadays, the cost of traditional e-commerce customer acquisition is high, and the underlying purchasing power cannot be activated, but the network information channels are becoming more abundant, the trading information is becoming more symmetric and transparent. People begin to realize the limitations of traditional traffic channels, and the interest to flow of the Social platform users is rapidly increasing.
As AliExpress’s official cooperative cashback platform, ShopSave will immediately release the latest hidden coupons, as long as any of AliExpress’s products have promotions, and any user who downloads ShopSave can use it to buy the same product at a lower price. The certain percentage from the amount of money spent by user will be returned to them as a cashback, so they can withdraw it periodically. It is worth mentioning that the process of obtaining coupons from ShopSave is highly convenient. User only has to copy the link of the product he wants to buy on AliExpress and open ShopSave to automatically paste the searched coupon.
Exposure through advertising and improving ranks is no longer the only way for e-commerce to acquire customers, so getting more traffic through social channels has become another competition point for e-commerce merchants. Merchants are joining the promotional cashback activities, and ShopSave shares the most of this promotional commission to user, which is helping user to get more benefits and increasing the activity of their APP and users’ participation at the same time.
When user shares the goods with others to buy through ShopSave, it is equivalent to helping the merchant to promote their products, so the commission is the promotion fee paid to the user. In other words, the more they share, the more commissions they get. In order to involve more users, ShopSave provides an additional opportunity for each user to start their own business with 0 costs. The user invites others to register as members of ShopSave. Every time one of these persons makes a purchase through ShopSave, the user gets a substantial commission income, so, basically, it allows them to make money while doing nothing.
It is precisely because this is a win-win strategy, it has quickly become an ancillary industry of e-commerce shopping APPs. With the rapid development of e-commerce, the content guide e-commerce platforms will increase their influence at market, so the cashback and coupons APP, such as ShopSave itself, has huge development prospects.
About ShopSave
ShopSave brings huge amounts of products with super discounts which have high cashback and high commissions. Here, you can get the coupons first, then save money on shopping and earn commissions by sharing goods. After your friend buys the products you have shared, ShopSave will reward you with some of the benefits. The more friends you shared with, the more benefits you get.
ShopSave utilizes Facebook, Instagram, Twitter and Whatsapp to create a Sales oriented and Sharing ecosystem: join as VIP member by purchasing any gift package, invite friends, Share the business can get a generous income. ShopSave provides highest quality service for everyone to join as entrepreneur and to achieve personal entrepreneurial goals. It helps all the members to buy cost-effective goods without leaving their homes and to gain the opportunity of starting business to realize their financial freedom!
ShopSave provides one-click pre-sale and after-sale customer service, logistics, as well as other services, without hoarding compaction. To provide VIP members with ZERO (0) risk of entrepreneurial opportunities.
HP Amplify™ arms partners with the capabilities and insights required to drive growth in the customer-driven digital age
News highlights:
Delivers simplified and easy-to-navigate global[1] structure with two distinct tracks
Rewards partners for value-added services, collaboration and capabilities
Accelerates digital transformation with insights-driven data and collaboration tools
SINGAPORE, July 16, 2020 — Today, HP Inc. unveiled HP Amplify, a first-of-its kind global[1]channel partner program optimized to drive dynamic partner growth and deliver consistent end customer experiences. Built on a single, integrated structure, HP Amplify provides the insights, capabilities and collaboration tools needed to drive growth as digital transformation and customer purchasing behaviors continue to evolve. The new program goes into effect November 1, 2020 for commercial partners with retail partners slated to transition in the second half of 2021.
HP Introduces Powerful New Global Partner Program
By consolidating HP’s best partner products, tools and trainings into one intuitive program, HP Amplify removes complexity, making it easier for partners to take advantage of its many benefits and engage customers on a deeper level. Now comprised of just two distinct tracks – Synergy and Power – with clear compensation levels, HP Amplify provides partners with the flexibility to invest in value-added services and capabilities. The more a partner invests in these capabilities, the higher the rewards.
“Today’s buyer expects streamlined, automated and personalized experiences. To thrive in this changing environment – with data as the new currency – requires a combined shift to relate to our customers as individuals, not markets,” said Ng Tian Chong, Managing Director, Greater Asia, HP Inc. “HP Amplify not only makes it easier for partners to do business with HP – it provides partners with a clear path to ready their business and succeed in today’s environment and beyond – to capitalize on emerging trends and play a central role in the evolving customer buying journey.”
Experiences at the Speed of Digital
Customers have dramatically altered how they research and buy technology and how they engage with brands, buying more products and services through digital channels, such as e-commerce, partner portals and marketplaces. At the same time, technology and digital transformation are advancing at an astounding pace while business models are shifting from simple transactions focused on selling products to contractual relationships.
For the IT industry overall, and the channel specifically, it means business as usual is no longer an option. With the introduction of HP Amplify, HP is taking decisive actions to capitalize on these shifts, arming partners for future growth and to deliver a more satisfying customer experience.
“HP and its partners have an enormous and exciting opportunity to reinvent the way we do business and our route-to-market,” said David Tan, Head of Channel, Omni and Supplies Sales, Greater Asia, HP Inc. “Yet addressing these opportunities requires overcoming system inadequacies, legacy habits and embracing new business models. We’re making this leap together, embracing and investing in important changes to our ecosystem and our shared capabilities.”
Performance, Capabilities & Collaboration [2]
Designed to enable progressive go-to-market strategies that cater to a combination of transactional, contractual and hybrid selling models, HP Amplify focuses on three core pillars: performance, capabilities and collaboration.
Performance
As the traditional sales model has been upended, so too has the traditional channel compensation model. While the new program will continue to reward partners based on goals and volume, HP Amplify features an innovative measurement and reward system that accounts for the many strategic efforts partners employ throughout the holistic sales process, from registration volume to average sales value and account retention.
Capabilities
Beyond sales revenue alone, HP Amplify measures rewards based on new capabilities, including investing in and improving digital skills, service delivery capabilities, e-commerce/omnichannel experiences and secure data collaboration.
Capabilities will be specialized and tailored to the sectors customers operate within, creating more personalized experiences and driving invaluable outcomes. HP Amplify rewards partners who invest in the capabilities to compete – and win – in a world dominated by e-commerce and digital-led customer journeys and experiences. The more capabilities around secure data collection, routes to market, services and specializations, the more access and benefits partners will receive.
Collaboration
Collaboration between HP and its partners is critical to our shared success. HP Amplify is designed to turn data analytics into deeper insights that inspire new strategies and steer innovation. HP will collaborate closely with partners to hone their digital skills, such as automated quotes and ordering, to provide a more consistent customer experience across multiple channels and equip partners with valuable research on the most important pain points in the customer journey.
Armed with this added opt-in customer intelligence[3], partners will have more of a competitive edge, with the intrinsic ability to anticipate and enable more positive customer outcomes. As a result, partners will be able to serve customers more seamlessly through automated inventory updates, product returns and holistic data intelligence. These experiences will continue to build upon the long-standing bonds between customers, partners and HP.
“For almost 40 years of serving the IT needs of SMBs and large scale enterprises, we continue to see the evolution of business model and customer buying preferences. In the new digital economy, customers go beyond transactional relationships. In addition, customers of today look for Partners that can deliver the best customer experience. With HP Amplify, this new partner program allows partners to build and share customer insights around it. This new partner platform enables HP and Partners to drive and deliver value-added solutions that revolves around customer experience,” said Rudolph Ng, CEO, Phil-Data Business Systems, Inc. Phil-Data is currently a Platinum Partner of HP and has been an HP partner for over 28 years.
HP Amplify Impact
HP’s dedication to sustainable impact through technology that makes life better for everyone, everywhere has long been integral to its business strategy and operations. Together, HP and its partners can make a lasting difference by acting in lockstep to further fuel innovation and growth in these areas.
For this reason, as an extension of the company’s new global program, HP is introducing HP Amplify Impact, inviting all partners to join HP its pledge to address:
Planet: Working toward a circular, low-carbon economy
People: Respecting human rights, enable people across the value chain to thrive; and cultivate a diverse and inclusive culture
Community: Unlocking educational and economic opportunity while improving the vitality and resilience of local communities
For partners who choose to join this opt-in pledge, HP will provide training and support, and help identify potential gaps in the goals partners wish to set and provide guidance on how to achieve those goals. HP will provide more details closer to the launch of HP Amplify on November 1, 2020.
About HP Inc.
HP Inc. (NYSE: HPQ) creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at www.hp.com.
Resources:
[1] Global program, with the exception of Greater China. [2] Partners who choose not to invest in pillars are not excluded; they can continue to source products through distribution. [3] Customer data collection will be opt-in and adhere to strict customer privacy and data security requirements.
MELBOURNE, Australia, July 15, 2020 — In response to the changing demands of consumers and a record peak in online orders during COVID-19, Australia’s largest pharmacy retailer, Chemist Warehouse, has teamed up with Cohesio Group (Körber) to launch a same-day delivery service for its 1.5 million weekly customers.
From L – R: Rizan Mawzoon, Head of Transportation at Cohesio Group, Mark Finocchiaro, Managing Partner and Director at Chemist Warehouse, Edwin Chong, Project Manager and Tim Noakes, Development Lead at Cohesio Group
Established in 2002, Chemist Warehouse has grown to become Australia’s largest pharmacy retailer. Operating more than 500 stores across the nation, the leading retailer now services more than 1.5 million customers and dispenses almost a million prescriptions per week.
Since COVID-19, Chemist Warehouse has experienced a huge increase in online orders, reaching higher levels than previous Black Friday and Christmas peaks.
As a result, the retailer has launched Click and Deliver, a new same-day delivery service from Chemist Warehouse and Cohesio Group to offer customers flexible and convenient delivery options. The new solution will complement the retailer’s previous sophisticated Click and Collect offering.
“We wanted to ensure that we could offer our customers the safest possible option to shop during COVID-19 restrictions. We knew that for many they felt it was a risk to leave their homes and shop in the traditional way, so we approached Cohesio Group to help us develop our existing Click and Collect solution to become a Click and Deliver solution,” Mark Finocchiaro, Managing Partner and Director, Chemist Warehouse Group said.
The solution was developed in four-weeks by Melbourne-based technology provider Cohesio Group and the first stage has been rolled out across all of Chemist Warehouse’s stores in Australia, with New Zealand set to follow.
Chemist Warehouse and Cohesio Group have worked together since 2017, with Chemist Warehouse deploying Cohesio’s dedicated retail software, Ignito, to power its Click and Collect processes.
Since Chemist Warehouse introduced Cohesio’s Ignito software solution in 2017, the retailer has increased order fulfilment throughput rates by up to 30 per cent and has since used the software to fulfil up to 150,000 online orders a month.
In order to gain faster fulfilment times, Cohesio developed a solution whereby the picking and packing of online orders is done in store, instead of from a central distribution centre (DC).
“Chemist Warehouse stores are unique in that they tend to be very large facilities and hold a huge amount of inventory. We recognised that this created the perfect opportunity to fulfil orders in store, rather than from a DC,” Rizan Mawzoon, Head of Transformation at Cohesio Group said.
“This kind of fulfilment is on the rise as e-commerce continues to take up a larger percentage of the retail spend. We knew this kind of approach would work very well for Chemist Warehouse and we’re absolutely thrilled with the results,” Nishan Wijemanne, CEO of Cohesio Group said.
When a customer selects an order on the Chemist Warehouse website or app, the Chemist Warehouse Order Management System (OMS) will check the stock levels in the stores closest to that customer to fulfil the order.
The app will also profile the consumer and recognise if they have previously visited or ordered from a particular local store.
“The system then sends a message to the store inventory team and communicates which orders are for Click and Deliver, and which are for Click and Collect,” Rizan said.
“We recognise the critical role that we play in keeping Australians healthy and giving them access to essential goods for the benefit of their health. We knew we needed to come up with a solution that reduced anxiety and risk for the most vulnerable members of our communities. Cohesio rose to the challenge and we are proud to be able to keep serving our customers with flexible and convenient delivery options,” Mark Finocchiaro, Managing Partner and Director, Chemist Warehouse Group concluded.
Cohesio Group is part of international technology group Körber. Kӧrber’s supply chain expertise, spanning software to materials handling equipment, also includes Aberle, Aberle Software, Cirrus Logistics, Consoveyo, DMLogic, HighJump, inconso, Otimis,Langhammer, Riantics and Voiteq. All companies will transition to the Kӧrber brand in Fall of 2020. Körber is home to more than 2,300 professionals and nearly 100 strategic partners across the globe dedicated to conquering supply chain complexity. With 30+ years of experience, Körber has proven success with thousands of companies worldwide.
About Chemist Warehouse and My Chemist
My Chemist is a group of independent Pharmacies, who share a common philosophy. We are dedicated to the health and wellbeing of you and your family. We have a desire to provide you with the most effective and efficient solutions for health, whilst providing advice and updated information.
Chemist Warehouse continues to be at the forefront of internet pharmacy in Australia. The Chemist Warehouse group now employs over 8000 staff members and is Australia’s largest pharmacy retailer and is rapidly expanding throughout New Zealand.
Cohesio Group, a part of international technology group Körber, is a leading integrator and developer of tech solutions that enable rapid optimisation of workflows and processes and is also an idea generating partner for strategic concepts. With offices across the Asia Pacific, Cohesio Group creates innovative technology transformations that span across supply chain and logistics including warehousing and distribution centres, transportation, manufacturing, healthcare, pharmaceutical, FMCG and retail. Cohesio Group’s enterprise-grade solutions range from voice-powered technology that enable hands-free workflows through to new-generation mobility solutions, software applications that provide actionable business insights and retail fulfilment as well as solutions such as Autonomous Mobile Robots that enable automation in distribution centres. Learn more at www.cohesiogroup.com
About the Körber Business Area Supply Chain
Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Capable of delivering not just software, but automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com
– Bannggood ‘Restart a Good Life’ Summer Prime Sale featuring digital coupons, gifts giveaway and special offers on a variety of essentials for home, school and outdoor activities runs from July 3 through July 26, 2020
GUANGZHOU, China, July 14, 2020 — Banggood, a leading cross-border e-commerce retailer, has kicked off its Summer Prime Sale on July 9th, and saw a 50% sales growth compared with the same period last year for the first 48 hours.
Products of XIAOMI, BlitzWolf, Eachine, DJI and Huawei became the most popular items in the first wave of the campaign, among which XIAOMI’s Redmi Note 8 stood out as the top seller with more than 50,000 pieces sold in the first 48 hours at the price of $125.99, which was the lowest online. The sales amount of product categories such as Home Appliances, Phones & Telecommunication, Sports & Outdoors, Consumer Electrics and more, have been doubled comparing with the same period last year. The sales number of Computers and Office category in the first 4 hours has exceeded that of the whole day last year.
The Summer Prime Sale is Banggood’s largest-scale sales campaign since this year and has attracted active participation of users globally. Banggood has integrated its supply chain to provide popular products with great discounts and digital coupons worth USD60 million to its users, which is available on PC, mobile and app of Banggood from July 11th. The company also launched Banggood Express, a self-operated air freight route and opened more than 37 local warehouses in countries and areas such as the United States, Europe and Australia to shorten the delivery time.
On July 21st to 24th, when the Summer Prime Sale will come to its peak with best deals and discounts, Banggood will host a 72-hour time-limited live-streaming session – the Banggood LIVESTREAM. 14 influencers from different countries will participant into this online event, and viewers joining it will have a chance to receive digital coupons and snap up their favorite products at the lowest price.
Founded in 2006, Banggood is a leading e-commerce company running its website www.banggood.com and pages on other platforms to offer tens of millions of registered users more than 500,000 types of products, covering from consumer electronics to clothing. Banggood is headquartered in Guangzhou, China, the city of the supply chain, with a global reach in North America, Europe, Asian Pacific, South America and the Middle East. For more information, please visit: https://www.banggood.com/aboutBanggood.html
Media Contact Zoeh Zheng Phone: +86-134-5028-6595 Email: pr@Banggood.com
PARIS, July 13, 2020 — Behind the closed-doors of the glitzy Bellagraph Nova Group office inside 10 Place Vendôme, Paris, a series of stimulating, intellectual discussions and negotiations have been taking place over the last few months, some of these exhilarating discussions will go down in history as one of those defining moments that will forge the destiny of a multibillion global company and potentially even the new digital world.
The New Social Technology Revolution – Panel Discussion With Bellagraph Nova Group Founders And Barack Obama On Their Ambitious Quest To Seize The Opportunity Of A Lifetime In The Post Pandemic World.
Headquartered in Paris, France, the Bellagraph Nova Group (BN Group), the conglomerate overseeing 31 business entities, across 100 countries, is the world’s fastest growing 360˚ lifestyle platform. Founded by the trailblazing trio, Ms. Evangeline Shen, Mr. Nelson Loh and Terence Loh, the Bellagraph Nova Group since its inception, has taken the world by storm, making strategic chess moves that even the greatest Grandmasters will be proud of.
One such brave move was the decision of the trio to embark on their landmark merger in the midst of the global pandemic crisis. The audacity to even fathom such a strategic thought by itself, is already no mean feat and the ability to pull it off was nothing short of a miracle move.
Below is an excerpt of some of the interview questions, discussed over the last few months behind closed doors, while the world was battling the Covid 19 crisis.
Question 1) Following the multi-billion dollar landmark merger between DORR Group and the Bellagraph Group of Companies and setting the new global HQ office at Paris, what is the rationale behind this brave decision in the midst of the worst pandemic crisis in human history and what inspired the founders of BN Group to embark on such ambitious, expansionary plans that the Group has been making over the last few months.
If one were to look back into the sands of time, all the previous pandemics in human history have massively reshaped our society, reformed religious existence, altered values of mankind and changed social behavior patterns globally. Starting from the 14th century, the Black Death rapidly spread across Europe until 1771 and killed over 75 million people. The pandemic immediately heralded changes in both the social and political systems and directly led to the collapse of feudalism.
According to Boccaccio in “The Decameron”, the Black Death led to monumental changes in social structure and religious form, which ended the Catholic Reign and resulted in an integration of various religions throughout Europe. Furthermore, this pandemic brought about massive wealth erosion in Europe and laid the foundation for the birth of laissez faire capitalism as well as catalyzed the industrial revolution in the 18th century.
In 1918, the Spanish flu quickly spread throughout Europe and eventually the world. According to scholars, over 1.8 billion people were infected worldwide. While this plague did not directly reshape social structures, the Spanish Flu did have a profound impact by ending World War I. The Spanish Flu outbreak also spawned the feminist movement due to a decline in labor force and the redistribution of wealth, thereby leading to the 19th amendment in the US Constitution and other historical human rights movements. From this perspective, the Spanish Flu was the ultimate factor advancing mankind towards modern civilization as well as promoting focus on women empowerment.
Will the Coronavirus disease cause more impact than the Spanish Flu or even the Black Death? As history has taught us, the effects of these global phenomenons can occur years, decades and centuries after a global changing event. Given human’s finite lifespan, one can never truly foresee the after-effects of any global pandemic.
Only time will tell the full impact and after-effects in the post Covid world. However, we have already witnessed how the Coronavirus disease has massively altered human behavior patterns, most notably shifting multiple forms of social interaction from offline to online (O2O) and this O2O transition will only accelerate going forward and drive human behavior across all facets of our lives. We at the BN Group call it “the new social technology revolution”.
As countries around the world are adopting aggressive expansionary financial policies, it will bring about global asset appreciation and new investment opportunities. Geopolitics will have contracted significantly and lead to more regionally based operations for multinational companies. Looking further ahead, just as the Black Death and the Spanish Flu has advanced modernization, the Coronavirus will also lead mankind to thrive and to advance faster across all aspects, such as technology and human civilization. This means it will also catalyze human rights movements, such as the movement regarding George Floyd in the United States. Along the same vein, it will also result in movements such as women empowerment movements, LGBT movements, religious harmony movements to promote social reform. And it will catalyze technical revolution on the same basis.
To summarize, each of these historical pandemics will firstly always result in global regionalization. It is challenging to all global enterprises, including the Bellagraph Nova Group, to respond to such challenges, we are establishing more local presence by setting up more regional offices in our respective target markets. The recent merger of the Bellagraph Nova Group, who has a strong presence in North America, Europe, Asia and Africa, has allowed this new conglomerate to already enjoy improved operational efficiencies throughout its expansive network around the world.
Secondly, these global events have corresponded to more emphasis and focus on humanity and human rights in addition to technological advancement. Europe has always been the frontier of such advancement and human rights movement, hence the BN Group has chosen Paris as its new global headquarters. Our decision to move back to Paris is inevitable. It is as if we are answering our call to destiny and retracing the path of history.
Question 2) Many businesses have complained that this devastating crisis is detrimental to everyone globally and some call it the Black Swan Event. To what extent has the pandemic affected the original launch plan of the Group? What has been done to make up for it?
We strongly believe that this pandemic is no different from any other global crisis, it would only impact businesses that are weak, that are problematic, that are not willing to disrupt themselves. And for us, the BN Group, it is not a challenge, but an opportunity.
When the pandemic started, as countries around the world began to close their borders and limit travel, we quickly realized that major countries in Europe and America would restore their positioning as regional centers, and it would be essential to set up a local headquarter in each respective region. Therefore, we accelerated the merger of the Bellagraph Nova Group and immediately decided to move our new headquarters to Paris given it is in the heart of Europe. This has allowed us to seize opportunities in expansion and to further our investments, as global financial institutions embark on unprecedented aggressive expansionary fiscal and monetary policy stimulus strategies.
The New Social Technology Revolution – Panel Discussion With Bellagraph Nova Group Founders And Barack Obama On Their Ambitious Quest To Seize The Opportunity Of A Lifetime In The Post Pandemic World.
Question 3) We understand that Ms. Evangeline Shen, Mr. Nelson Loh and Mr. Terence Loh or better known as the successful trailblazing trio have been actively engaged in merger talks since early 2019 and despite in the midst of an unprecedented global pandemic crisis, the three of you have still decided to complete the merger. Can you elaborate more on this? How was this achieved during the pandemic especially when we have witnessed several landmark deals being cancelled as a result of Covid 19 (for example the pending LVMH acquisition of Tiffany running into problems)?
The past eighteen months have posed many challenges for us to close the deal. There is the ongoing trade war between China and the United States, as well as several geopolitical issues around the world. At the same time, the world seemed to take a heavier hit and started to crumble when Covid 19 hit the global economy. These challenges are unprecedented and may appear insurmountable to those entrepreneurs and global leaders who are weak, who are narrow minded and who have limited vision. But we believed deep in our hearts and minds, that looking back at history, not only is this Covid 19 pandemic not unprecedented, today’s crisis is insignificant compared to what happened during 1914 to 1945.
Mankind has overcome much worse. During the 20th century, there was World War I, and then followed by the decade long Great Depression era, and then soon afterwards World War II befell. The world economy was in a much worse state than now, but it was during such crisis, that the United States became the world’s most powerful country, and its economy kept growing until today.
The three co-founders of the Bellagraph Nova Group have this strong belief, that the Coronavirus situation should not be construed as another challenging crisis. It is in fact the opportunity of a lifetime for the BN Group. For a company like us, which has deep experience and capabilities in social media and social networks and coupled with the fact that our company not only possesses state-of-the-art technological innovation, we also strongly value human rights. We are proud that the group focuses on advancing human civilization as our key initiatives, and today’s global platform provides the best opportunity ever to promote our values and beliefs. This is where our strength lies.
It is not just talk, but all about the actions we take, demonstrating our beliefs and values. The Bellagraph Nova Group appointed the only female amongst the three co-founders, Ms Evangeline Shen as the Group’s chairman, engaged former LVMH group executive Nereides de Bourbon as global marketing and investor relations director, who is a member of the LGBT committee. The Group also appointed Monica Bellucci, the global renowned Hollywood celebrity, on the board as a non-executive Director focusing on sustainability and the group’s charity foundation effort.
In addition, the company has also acquired former L’Oreal Group’s network spokesperson Badara Ndiaye as the company’s brand planning and product spokesperson. The BN Group is providing a prime example, by providing opportunities equally to the most talented individuals regardless of their gender, race, religion, and sexual orientation. This has demonstrated our initiatives of truly promoting humanity and advancing civilization. It is not only our vision, but also our responsibility as a leading global enterprise to be a role model for all the other enterprises.
Question 4) In order to still be able to expand and launch new projects during times like this, one probably has to have very deep pockets. And to continue to go ahead with business expansion, you need to be able to afford to “bleed” during this long-lasting global crisis period. Do you agree? Why or why not?
With a total of 31 major subsidiaries, operating in more than 100 countries and employing over 23,000 employees worldwide, the Bellagraph Nova Group is an established global conglomerate. Not only does the company have sufficient capital to deploy, it also has strong presence in human resources and operational infrastructure, especially in Europe and the US. It is not only funds that are required to plan for business expansion nowadays but more importantly one also requires courage and visionary strategies.
Our BN group already possesses very well-organized infrastructure in Europe, North America, Africa and Asia. The BN Group has adapted quickly to maintain a highly profitable business model across all its entities while still being able to either enhance the valuation for its respective holdings. Not surprisingly, the successful track record of the BN Group has not gone unnoticed and has caught the eye and impressed global investors around the world from the Middle East to the United States.
Through one of the BN Group’s entities, Bellagraph Jewelry’s client relationship management, the King of Saudi Arabia, the King of Qatar, and Queen Mother of Qatar have expressed their interest on investment opportunities and collaborations. Through our extensive work with the Obama Foundation charitable initiatives as well as ongoing effort to promote human rights, we have attracted several global companies such as the likes of Citibank, JP Morgan, and other established Global Fortune 500 companies to partner with the BN Group.
Our BN group has unparalleled resources globally in this new digital economy. One of the BN Group’s key strengths is its ability to brand and market its vision and business successes digitally across social media worldwide. Based in North America, the Bellagraph Media production team garners over 20 million hits every seven days. This viewership exposure is comparable to video playback analytics similar to the likes of Apple during the release of its latest iPhone model. Such capability is vital to this era we call the “new social technology revolution” and this is the basis of our incredible success.
ABOUT BELLAGRAPH NOVA GROUP
Sustainability, diversity and ethics, constitute the cornerstone of BN Group’s model and compliance policy for its executives, employees and stakeholders. Our emblem is the butterfly, the symbol par excellence of endurance and perennial metamorphosis.
The Group is headquartered in the famous 10 Place Vendôme in Paris, France. With 31 entities in over 100 countries, the combined US$12 billion revenue Bellagraph Nova Group is the world’s fastest growing 360° lifestyle platform.
SHANGHAI, July 13, 2020 — O’Ratings, a third party monitor, released the data of Chinese mid-year shopping festival on July 1st. It showed that live-stream shopping hit another new record in China, contributing 24.2 billion RMB (449.5 million US$) sales during the recent mid-year shopping campaign. Live streaming is becoming a staple of e-commerce product promotion.
Live stream shopping has been developed since 2016 by e-commerce platforms in China and set off an upsurge in 2018 when popular live-streamers could sell more than 300 million RMB (43 million US$) a year and their online viewers could reach 10 million at one time. During the pandemic, bridging the gap between the source of goods and consumers, the Chinese government encouraged people to use live-streaming to sell unsalable products caused by massive lockdowns and upgraded the live-stream shopping industry. Now live stream is indispensable for product marketing in China.
O’Ratings monitored 806,000 live streaming chat rooms across different platforms on June 18th, China’s mid-year shopping festival, and it showed that the amount of sales was over 3.5 billion RMB (500.6 million US$) and 412 million viewers watched live streams on that day. Taking the sales since the very beginning of 618 shopping campaign into account, the total sales was 24.2 billion RMB (3.4 billion US$). The top 3 best-selling categories on Taobao were jewelry, clothes and food, and the top 3 on Douyin (Chinese TikTok) were food, mother and baby products and cosmetics.
Five indexes O’Ratings are monitoring
Live-streaming ratings
Peak Viewers
Market share
Sales index
Engagement index
Key findings of O’Ratings’ monitoring data
Many brands pay celebrities a lot for product promotion, but professional live-streamers’ performance is much better than celebrities’. O’Ratings picks 30 popular live-streamers and 30 celebrities, and analyzes their 10 week live-streaming performance. It shows that professional live-streamers’ sales index was 8 times of celebrities’.
Timing is very important when retailers choose live-streamers to sell products. After calculation, it finds that every product is sold at a fixed frequency. Those fast-consuming products have a higher frequency than durable ones. For example, snacks’ frequency is one day, while cellphone’s is 55 days. Because if a live-streamer sells cellphones today, the fans do not need to buy another phone for some time. When retailers promote their products by live stream, they should notice the time period of product and whether the live-streamer has sold the same kind of product recently.
Non-standard product, like jade and pets, have great potential in live-streaming. With the live stream market taking shape, popular live-streamers who are preferred by retailers, occupy most of the market share. But they can not substitute live-streamers who sell unique products. For example, a baker streams how he makes a cake and sells it.
About O’Ratings
O’Ratings is a third party live-stream monitor. O’Ratings records live stream data across different platforms, analyzes the latest trend and provides insights of live stream industry.
E-commerce tech company continues to invest in strengthening the executive team with appointment of newCFO,Michael Gordon, Deputy CFO, Laura Mineo and Chief People Officer, Lisa Craven
NEW YORK, July 13, 2020 —Rokt, the global leader in e-commerce marketing technology, today announced that their vision to make e-commerce smarter, faster and better is further strengthened with the appointment of former Greenlit Brands executive, Michael Gordon, Goldman-Sachs alumni, Laura Mineo and leadership executive, Lisa Craven in the roles of Chief Financial Officer, Deputy Chief Financial Officer, and Chief People Officer respectively. Gordon and Mineo will oversee the finance and legal operations of the business, working closely with CEO, Bruce Buchanan and the board of directors to manage the continuing acceleration of global growth. Craven will oversee people operations, learning & development and recruitment, signaling Rokt’s ongoing commitment to investment in its 225+ group of employees.
Rokt welcomes former Greenlit Brands executive, Michael Gordon, Goldman-Sachs alumni, Laura Mineo and leadership executive, Lisa Craven in the roles of Chief Financial Officer, Deputy Chief Financial Officer, and Chief People Officer respectively.
Gordon, who was previously Group CFO and MD of Group Services for Greenlit Brands Pty Limited in Australia & New Zealand, was instrumental in guiding the business from a turnover of USD$170m to a USD$1.65 billion vertically integrated retailer including the brands Freedom, Snooze, Fantastic, Plush, OMF, Best & Less and Harris Scarfe.
Mineo joins the Rokt team from Goldman Sachs in New York, where she most recently served as Executive Director, Firmwide Strategy. Mineo brings invaluable experience across mergers and acquisitions and capital markets across multiple industries and geographies. Mineo will take on the role of SVP Strategy in addition to her role as Deputy CFO.
Craven, who was previously consulting for Rokt, has an extensive career in leadership development, organizational design, people and culture initiatives, diversity & inclusion and human resources. Previously Global Chief People Officer at Sizmek, Craven has also served as a lecturer at Macquarie University, Janice Newman Institute and Drew University. Craven brings experience leading large-scale global teams in organizational effectiveness, and will use this to help drive a culture that attracts, and retains the best, and brightest talent.
“We are delighted to welcome Michael, Laura and Lisa to the Rokt executive team” said Rokt CEO, Bruce Buchanan. “In Michael & Laura, we are incredibly lucky to have two individuals with such strong expertise and a deep understanding of financial operations join at a pivotal time for the company. As we now target the next growth arc from ARR$100m to $1b, Gordon and Mineo’s global experience and knowledge of both private and publicly listed businesses will enable us to double down on our preparedness for scalability and the financial events we will consider on our trajectory.
Buchanan continued, “As a people first organization, Lisa is one of our most pivotal hires. Her expertise in organizational effectiveness and leadership development will be crucial in further deepening our people first culture, and helping us scale as we grow our business and look to continue to accelerate our recruitment across the globe.
“Rokt has quickly cemented their position as the leading technology company in e-commerce marketing and is poised to have even more significant global impact through continued innovation in research and development.” said Gordon. “I am excited to be joining such an inspirational business and look forward to working alongside the executive team to help drive this company through to the next stage of growth.”
“In what has been such an unprecedented year, it’s exciting to see a company such as Rokt thriving and innovating to keep up with, and exceed their clients’ needs.” commented Mineo. “During times of agility, financial rigor and strategic direction is more important than ever. I’m excited to come on board and help take this company to new heights of success.”
“Having spent some time recently with Bruce, and the wider executive team at Rokt I was delighted at having the opportunity to join the team in a full time capacity.” added Craven. “Rokt has embraced the people first mentality, pushing forward initiatives to ensure their values and culture are at the heart of every decision they make. I look forward to coming on board to amplify Rokt’s already significant investment in its greatest asset – it’s people.”
Rokt, who recently closed US$48m in their Series C investment round, has transformed e-commerce in over 11 countries by identifying that when customers are buying online as a consumer or on behalf of a business, they increasingly expect more personalized and relevant experiences. Rokt’s proprietary technology, machine learning and AI makes e-commerce smarter, faster and better. By unlocking the hidden potential in every single Transaction Moment™, Rokt enables clients to stay ahead of their competition, and deliver a more relevant customer experience. Rokt currently solves complex e-commerce challenges for global clients including Live Nation, Staples, Groupon, GoDaddy, Expedia and Wells Fargo.
For more information on Rokt, please visit rokt.com.
For more information on the announcement, please contact press@rokt.com.
ABOUT ROKT
Rokt makes e-commerce smarter, faster and better. When customers are buying online, they increasingly expect more personalized and relevant experiences. Rokt uses real time data and decisioning to deliver the next best action for each person in each Transaction Moment™.
Founded in Sydney, Rokt now operates in the US, Canada, UK, France, Germany, Australia, New Zealand, Singapore, The Netherlands, Spain and Japan. Our clients include Live Nation, Staples, Groupon, GoDaddy, Expedia, Wells Fargo, Vistaprint and HelloFresh.
Rokt unlocks the hidden potential in every single Transaction Moment™.
HONG KONG, July 10, 2020 — Co-hosted by Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, together with the Hong Kong eCommerce Research Centre, and organized by Bonjour Technology, the "Hong Kong E-commerce Development Summit" & "E-Commerce Youth Entrepreneurship Scheme" was officially launched today at Bonjour Group Centre in Bonjour Tower. The "Hong Kong E-commerce Development Summit" discussed how the converging of capital flow, logistic flow and data flow empower the e-commerce industry to become the main driving force of Hong Kong’s future economic development and young entrepreneurship. "E-Commerce Youth Entrepreneurship Scheme" also kicked off today, aiming to encourage and assist university students in Hong Kong to kickstart their own career in e-commerce without any costs; and to promote the development of e-commerce in Hong Kong.
Hong Kong E-commerce Development Summit
The Summit gathered the e-commerce industry’s top-level professionals, including the representatives of six e-commerce associations, namely Hong Kong Federation of E-commerce, Hong Kong Entrepreneurs Association, Hong Kong Internet and e-Commerce Association, Hong Kong Federation of E-commerce, Hong Kong Cross-border E-commerce Association and Hong Kong Blockchain Industry Association, as well as representatives from leading e-commerce enterprises including Alibaba, Tencent, JD, eBay and Google,to discuss how the synergy of capital flow, logistic flow and data flow empowers the e-commerce industry and capitalizes Hong Kong’s traditional advantages to build a successful e-commerce service system in the Greater Bay Area. The Summit also focused on how e-commerce becomes the main driving force of Hong Kong’s future economic development, how new technologies and new economies promote the development of traditional local enterprises, as well how enterprises benefit from e-commerce to encourage young entrepreneurs. The Summit aimed to strengthen the local enterprises’ understanding on e-commerce and further drive the development of the retail industry.
E-Commerce Youth Entrepreneurship Scheme
The Scheme was hosted by Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, and organized by Bonjour Technology, aiming to at nurture young local e-commerce entrepreneurs and enhance the development of e-commerce in local businesses. The Scheme will take on 1,000 Hong Kong university students. Students who are interested in the scheme can apply online starting from today (see attached QR Code) and will have the opportunity to develop their own e-commerce businesses on the systematic and comprehensive sales platform established by Bonjour Technology. Bonjour Technology invested approximately HK$50 million to provide professional trainings and assist participants to start their own businesses with ease so as to enhance the development of e-commerce in local businesses
Mr. Clement J W CHEN, JP, Honorary Chairman of Guangdong Hongkong and Macau Youth Enterpreneurship Incubator, said: "The development of e-commerce has become a new trend. We hope to bring innovative business opportunities to the young generation. By providing various resources and trainings on our platform, we aim to nurture a group of e-commerce entrepreneurs. We encourage the youngsters to take on challenges and grasp the opportunity to join this E-Commerce Entrepreneurship Scheme, with a hope to drive e-commerce development in Hong Kong and act as a catalyst to the development of Hong Kong’s e-commerce enterprise ecosystem."
