#Laogao E-commerce Newsletter# [E-commerce Morning News on July 20] 1. Suning responded by CCTV: Investing in Inter Milan to improve the domestic football level; 2. Wang Jianlin strongly refuted the rumors: Wanda is very good, someone is trying to get into a car, and he is afraid that the world will not be in chaos; 3. Vipshop denied the merger with JD.com, and its stock price rose sharply before the market; 4. The cross-border e-commerce trade volume in Ningbo Free Trade Zone in the first half of the year was 2.18 billion yuan; 5. Amazon launched the Spark order-show function, imitating Instagra and you can also shop.
1. Suning responded by CCTV: Investing in Inter Milan to improve domestic football level
On July 20, in response to relevant reports from CCTV, Sun Weimin, Vice President of Suning Holdings Group, said, "On the basis of operating Suning domestic football clubs, investing in Inter Milan is to learn more deeply from foreign experience, introduce advanced management technology and training system, and improve the domestic football level; on the other hand, it is also relying on Inter Milan to enhance the international influence of Suning's brand, effectively drive the overseas expansion of Suning's retail network, and bring products made in China more efficiently overseas." (Source: First Financial Daily)
Comment: If this is advertising for Suning, then the cost of advertising is too high.
2. Wang Jianlin strongly refutes the rumors: Wanda is very good, someone is trying to mess around, and he is afraid that the world will not be in chaos
On July 20, Wang Jianlin appeared at the signing ceremony of Wanda Sunac and R&F to clarify recent rumors. Wang Jianlin said that a very small number of people are just trying to get into trouble, fearing that the world will not be in chaos. Responding to the sound of throwing the glass on the spot: There is nothing, I keep talking and laughing. He also joked that the press conference was delayed only because the printer was too slow, and Sun Hongbin has delivered 15 billion yuan to Wanda Commercial. (Source: Sina Weibo)
Comment: Crisis PR was a bit late.
3. Vipshop denied the merger with JD.com, and its stock price rose sharply before the market
According to July 20, media reported yesterday morning that JD.com is secretly negotiating mergers and acquisitions with Vipshop, and has reached the substantive stage. Vipshop vice president Huang Hongying said the news was purely a rumor and was not true. Subsequently, relevant persons from JD.com also denied the above news. It is understood that Vipshop's stock price rose by nearly 8% before the market trading. (Source: NetEase Technology)
Comment: What other rumors can be believed?
4. In the first half of the year, the cross-border e-commerce trade volume in Ningbo Free Trade Zone was 2.18 billion yuan.
According to news on July 20, the latest statistics from Ningbo Customs showed that in the first half of this year, Ningbo Customs approved 12.545 million bills for cross-border trade e-commerce import declaration forms of Ningbo Free Trade Zone, with a value of 2.18 billion yuan, an increase of 28.4% and 19.2% year-on-year respectively. The cross-border e-commerce trade volume in Ningbo Free Trade Zone accounts for 75% of the city's total cross-border e-commerce trade volume. In the first half of this year, 4.16 million people across the country shopped through the Ningbo Free Trade Zone cross-border e-commerce platform, and shoppers mainly came from the Yangtze River Delta region. (Source: Ningbo Daily)
Comment: Be optimistic about China's economy, and the cross-border e-commerce market will get better and better.
5. Amazon launches Spark order display function, imitating Instagra and shopping
On July 20, Amazon launched a social service feature called "Amazon Spark", which is currently only for iOS applications and will be launched on the Android platform in the future. The function of this service is mainly reflected in: users who order Amazon Prime members can post photos on Spark (products bought from Amazon), and other users will click on the photos and will jump to the Amazon page corresponding to the product, and then they can directly purchase and comment or like them. It is presumed that Amazon is “imitating” Instagram’s waterfall streaming content presentation. It is worth noting that this is the first time Amazon has tried the waters of content communities based on e-commerce, but in China, e-commerce platforms such as Taobao have already provided similar services. (Source: Tianxia Online Business)
Comment: Isn’t this a Taobao customer?
6. Flower e-commerce "spends some time" round B financing of hundreds of millions
On July 20, Flower Subscription E-commerce "She Dian Shi" announced that it had received a Series B financing, jointly invested by Oriental Fuhai, Jingwei Venture Capital, Qianhai Mother Fund, Qinghan Fund, and followed by old shareholders Qingliu Capital, Plum Blossom Angel. Previously, the investment of star Gao Yuanyuan also attracted a lot of attention. It is reported that since its launch in 2015, it has accumulated more than 5 million users, with an average customer price of 150 yuan, and a retention of 70% the following month. It began to make profits in May this year, with gross profit reaching 25%-30%, and its turnover maintained a monthly growth of 25%-30%. On the 18th, Flowerplus, which has a similar model, announced that it had been led by Kunzhong and participated in the investment of over 100 million yuan. The competition for Flowerplus e-commerce is quite fierce. (Source: Internet)
Comment: In the vertical e-commerce category like Flowers, it is often not about technical products but about marketing methods and capital strength.
7. Netizens circulated the picture saying that the shared bicycle tires were spontaneously ignited, and Mobike: As shown in the picture, it was actually arson.
On the afternoon of July 19, some netizens broke the news that "the Mobike tires in the South Square of Shanghai Lianhua Road Metro Station ignited spontaneously." In the evening, Mobike's official refuted the rumor in response to the news that the tire ignition point exceeded 350 degrees Celsius and it was impossible for spontaneous combustion to occur. If the picture is true, artificial arson is not ruled out and it means that the police have been called. (Source: The Paper)
Comment: Last night I saw a Mobike with an electronic lock completely removed.
8. Wang Xing responded to the inappropriate remarks of Meituan employees: The company does not have the employee, it is deliberately slandering.
According to July 20, Zhang Wei, who recently claimed to be the city manager of Meituan, made inappropriate remarks against Meituan users on Zhihu. Wang Xing said that we have checked internally and there is no such person or such a low-key teammate. It can basically be judged that someone deliberately pretended to be a Meituan employee and made disgusting remarks to discredit us. In the past few days, we have the opportunity to see how unrestrained the domestic business competition can be. Anything can be used to incite! (Source: Tencent Technology)
Comment: Business competition cannot be without a lower limit.
9. Presidents of 10 African countries are waiting: Jack Ma and Alibaba
July 20th news, starting today, Alibaba founder and chairman of the board of directors, Jack Ma will embark on a three-day trip to Africa from Nairobi, the capital of Kenya, and then discuss the topic of "the role of small businesses in global trade" with many entrepreneurs. At the same time, he will also share entrepreneurial insights with young Africans and small businesses with Secretary-General of the United Nations Conference on Trade and Development Kitui. "He brings visionary entrepreneurial paths to the continent, a desire to learn and a belief in creating a better environment for young people," Kituyi said. According to CGTN, Jack Ma visited Africa as the United Nations Special Adviser and will give a speech at the University of Nairobi. CGTN listed some tweets from Kenyan youths who welcomed Jack Ma, and the enthusiasm of the African continent came to their faces: "Welcome Jack Ma to Kenya!" "Jack Ma is here in Nairobi! This is a lifelong opportunity for all entrepreneurs!" (Source: Tianxia Online Business)
Comment: Jack Ma is using his huge influence to promote Alibaba's globalization process.
10. YTO Express’s acquisition of Xianda International Logistics was approved by the Anti-Monopoly Bureau
On July 20, YTO Express issued an announcement on the evening of the 19th that the company's acquisition of Xianda International's controlling stake was approved by the Anti-Monopoly Bureau. It is understood that on May 8, YTO Express announced that the company or the wholly-owned subsidiary designated by the company intends to acquire 256 million shares of Xianda International Logistics Holdings Co., Ltd. in cash, with a total price of HK$1.041 billion. Previously, Yu Weijiao, chairman and president of YTO Express, said that YTO's acquisition of YTO is to accelerate YTO's internationalization process and obtain YTO's network layout, transportation business and talents, etc., so as to build the foundation for the company's international development and lay the first-mover advantage in overseas competition. (Source: China News Network)
Comment: Bring in and go out.
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