#Laogao E-commerce Newsletter# [E-commerce Morning News on February 24] 1. Alibaba Pictures invested 15% of Wu Qilong Straw Bear; 2. Market value is 210 billion! SF Express listed on the listing today through a backdoor; 3. Huayi Brothers' profit last year was about 1.2 billion yuan in the Internet entertainment sector's revenue decreased by 21% year-on-year; 4. Privately locked the "little yellow car" for itself, and two nurses in Beijing were detained for 5 days; 5. Stealing 8,000 stubs of express delivery orders, the courier sold them for profit after leaving the job.

1. Alibaba Pictures invests in Wu Qilong Straw Bear 15%
On February 24, after the acquisition of 1.08 billion yuan of shares of A-share listed company Storm Technology was stopped by the China Securities Regulatory Commission last year, Wu Qilong and Liu Shishi's Straw Bear Pictures found a new partner: Alibaba Pictures (01060). According to the National Enterprise Credit Information Disclosure System, at the end of December 2016, Jiangsu Straw Bear Pictures Co., Ltd. underwent a capital change. After the change, the Hainan Alibaba Pictures Cultural Industry Fund was added to the shareholders. After the update of the bill, the registered capital increased by 1.76 million yuan, which can be calculated that Alibaba Pictures holds 15% of the shares. (Source: Zhitong Finance)
Comment: The pan-entertainment industry has great potential.
2. Market value is 210 billion! SF Express is listed today with a backdoor
According to news on February 24, Dingtai New Materials will be officially renamed "SF Holdings" today, with the stock code remaining unchanged. This means that after 9 months of backdoor preparations, SF Express will soon complete the entire backdoor listing process and officially ring the bell on the Shenzhen Stock Exchange. Based on the closing price of Dingtai New Materials yesterday, its market value is close to 210 billion yuan. According to the proportion of Wang Wei's shares in Dingtai New Materials, Wang Wei's personal wealth exceeds 130 billion yuan and has become the "richest man" in the express delivery industry. (Source: Southern Metropolis Daily)
Comment: It's finally launched.
3. Huayi Brothers' profit last year is about 1.2 billion yuan in Internet entertainment sector revenue fell by 21% year-on-year.
According to the news on February 23, Huayi Brothers released its 2016 annual performance report. In 2016, operating income was approximately 3.473 billion yuan, a decrease of 10.34% from the same period last year. Operating profit was 1.212 billion yuan, down 12.66% from the previous year. The announcement stated that the film and television entertainment industry experienced volatility during the reporting period, with a growth rate lower than market expectations, and the company's film and television entertainment sector and Internet entertainment sector revenues were lower than expected, and the company's performance decreased compared with the same period last year. (Source: Tencent Technology)
Comment: The film and television industry will definitely get better and better, but the competition is large and the ups and downs are normal.
4. Separately lock the "little yellow car" and take it for yourself. Two nurses in Beijing were detained for 5 days
On February 24th, it is illegal to lock the yellow car privately? Recently, two female nurses from the Rocket Force General Hospital were administratively detained for 5 days for locking the "little yellow car". According to insiders, on the afternoon of February 22, at the entrance of the Rocket Force General Hospital, two female nurses were about to open the small yellow car that they had been locked privately when they were caught by the police nearby. Two female nurses admitted to occupying ofo shared bicycles privately. (Source: Future Network)
Comment: It’s not that I don’t know, it’s that I don’t know.
5. Seize eight thousand courier stubs, and sell them for profit after leaving the job
On February 24, a reporter from Nandu learned from the Second Court of Dongguan City that a resigned courier from Houjie Town, Dongguan, a express company sold more than 8,000 express delivery stubs containing customer information that he had collected to a micro-business, and was prosecuted by the procuratorate for infringing on citizens' personal information. Yesterday morning, the case was heard in the Second People's Court of Dongguan City, and the case is still under further trial. (Source: Southern Metropolis Daily)
Comment: Should express delivery companies also bear the responsibility for ineffective supervision?
6. Mobike and WeChat have reached a cooperation, adding WeChat code to unlock locks
On February 24, the shared bicycle platform Mobike announced that it had reached a cooperation with WeChat to connect the Mobike unlocking entrance to the WeChat mini program. In the future, users can directly enter the Mobike WeChat mini program and scan the QR code on the body of Mobike through WeChat to unlock the lock. It is reported that users can access the Mobike mini program page by "scanning", bind to an existing Mobike account to log in, and then unlock the Mobike bike around them; new users who do not have a Mobike account can also directly scan the QR code through WeChat to quickly register within the Mobike mini program. (Source: E-commerce News)
Comment: Just be convenient.
7. Victoria's Secret lowers its profit expectations and scares away investors. Can the Chinese market regain dignity?
According to February 24, the desolation of the last Victoria's Secret show on social media may indicate the bad start of this underwear brand. Yesterday, the stock of the parent company L Brands simply plunged 13%. The direct reason was that the financial report just released was not beautiful, very unbeautiful, so that the company's executives lost confidence and announced that they would lower their estimated profits in the first quarter of 2017. The leaders are so depressed, and investors naturally can't buy it. L Brands' fourth quarter financial report for 2016 ended on January 28, 2017 showed that in the quarter, the group had a total revenue of US$4.489 billion, an increase of 2% from the same period last year, recording the lowest quarterly increase in three years, far lower than the market's expectations of US$4.51 billion. Profits also fell from $636 million in the same period last year to $631.7 million. (Source: Huxiu.com)
Comment: This is not an exciting report card.
8. Baidu statement: The news of Li Yanhong being "restricted from leaving the country" is untrue
According to news on February 23, Baidu issued a statement today, saying that Robin Li was "restricted from leaving the country" was false and has decided to take legal measures to protect his own rights and interests to face the situation. (Source: Baidu Weibo)
Comment: The media should be responsible for what they have said.
9. The original actual controller of Pitupi is banned from the market for life
According to February 24, Pitupi (600696) recently announced that it had received three administrative penalties and market bans from the China Securities Regulatory Commission. Xian Yan, the former actual controller and chairman of Pitupi, was fined RMB 2.7 million for violating relevant laws and regulations without the resolution of the company's board of directors. Xian Yan was also fined 2.7 million yuan for violating relevant laws and regulations without the resolution of the company's board of directors. Xian Yan was also sentenced to life-bans in the securities market. Several senior executives of Pitupi were also subject to life-bans in the market. (Source: Beijing News)
Comment: The capital market is terrifying every step.
10. Baidu handed over the most difficult annual report card in history: revenue growth fell into a bottleneck cost does not reduce the pressure of net profit
According to February 24, Baidu delivered its financial report card for the fourth quarter and full year of 2016 today, continuing the trend of the first three quarters of 2016. In the fourth quarter, Baidu's revenue continued to decline, at 18.212 billion yuan, a decrease of 2.6% from the same period last year, and a decrease of 18.253 billion yuan in the previous quarter. Baidu delivered its financial report card for the fourth quarter and full year of 2016 today, continuing the trend of the first three quarters of 2016. In the fourth quarter, Baidu's revenue continued to decline, at 18.212 billion yuan, down 2.6% from the same period last year, and also a decrease from 18.253 billion yuan in the previous quarter. (Source: Tencent Technology)
Comment: BAT, will Baidu fall behind?
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