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Laogao E-commerce Newsletter on September 15th

2017-09-15

  #Laogao E-commerce Newsletter# [E-commerce Morning News on September 15] 1. Alibaba has created another festival: "Super September"; 2. Chen Ou endorses himself: Jumei's net profit has dropped by 60% in two years, and its net worth has shrunk by nearly 10 billion; 3. Handu Yishe Group's Double Eleven sales target was exposed: 600 million! 4. Suning’s “shared dry clothes” has arrived in the first batch of 20 universities; 5. Jack Ma and Tsai Chongxin sold Alibaba’s stocks to cash out more than 25.24 billion yuan.

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  1. Alibaba creates another festival: "Super September"

  Alibaba issued a statement on Wednesday saying it will hold a new global "SuperSeptember" promotion on September 20 to help small and medium-sized enterprises lower international trade barriers in a safe and low-cost way, while helping them gain more business opportunities from China's procurement season. In the Super September event, consumer electronics, home and gardening products, fashion and mechanical merchandise will be the main characters of the promotion. (Source: Tencent)

  2. Chen Ou endorses himself: Jumei's net profit fell by 60% in two years and its net worth has shrunk by nearly 10 billion yuan.

  Chen Ou and his Jumei were once covered with layers of halo, but the popularity has disappeared in recent years. Two open letters from shareholder Hengrun once again pushed them into the spotlight of public opinion. With the sharp drop in Jumei's stock price, Chen Ou's net worth has also shrunk significantly. The Hurun Rich List in 2016 showed that Chen Ou's net worth was 2 billion yuan, while the figure was 12 billion yuan two years ago. (Source: Beijing News)?

  3. Handu Yishe Group’s Double Eleven sales target was exposed: 600 million!

  On September 14, Zhao Yingguang, founder of Handu Yishe, just revealed on a social platform that the target sales of Handu Yishe Group on Double Eleven in 2017 is 600 million yuan. On the eve of Double Eleven in 2016, Zhao Yingguang said that the sales target of the main brand of Double Eleven that year was 200 million yuan and the sales target of the group was 400 million yuan. On Double Eleven last year, the actual sales of Handu Yishe Group exceeded 362 million yuan. (Source: Yibang Power)

  4. Suning’s “shared clothes” has arrived. There are 20 universities in the first batch.

  There are more and more forms of sharing economy. Recently, Suning.com launched the "shared dry clothes" service. In autumn, some cities may be rainy, especially college students do not have enough space to dry clothes. Suning.com's "shared dry clothes" can solve this pain point. It is understood that this service has been piloted in cities such as Nanjing, Guangzhou, Shenzhen, Nanning, and Chengdu. Now Suning has launched its business to university campuses. The first batch of service stations opened in nearly 20 universities across the country is just a pilot. If the students responded well to this service, Suning.com shared clothes drying service will enter more campuses. The relevant person in charge of Suning.com brand said that further communication will be conducted with the school in the later stage and strive to make these services available in the dormitory building. (Source: IT Home)

  5. Jack Ma and Tsai Chongxin sold Alibaba stocks to cash out more than 25.24 billion yuan

  On September 14, Jack Ma and Alibaba Executive Vice Chairman Cai Chongxin will jointly sell up to 21.5 million shares of the company. According to Alibaba's latest $179.1 per share, the 21.5 million shares to be sold by the two are worth more than US$3.8 billion, equivalent to RMB 25.241 billion, of which Jack Ma personally sold 16 million shares, approximately RMB 18.78 billion. This share reduction accounts for as much as 10% of Jack Ma’s shares, and the purpose is to meet general financial management and other aspects. (Source: Tianxia Online Business)?

  6. LeTV Video President Gao Fei is already undergoing resignation procedures

  On September 14, LeTV Video President Gao Fei said on his Moments that he was already going through the resignation procedures. As for today's rumored Jia Yueting Trust incident, Gao Fei still expressed his support for LeTV, "Thank you many relatives and friends for your concern, please see the official reply." He also attached the official statement given by LeTV Holdings. (Source: Sina Technology)

  7. E-commerce company Wish will raise $250 million at a valuation of $8 billion

  On the morning of September 15, Beijing time, several sources said that e-commerce company Wish is conducting a round of financing totaling approximately US$250 million, with a valuation of more than US$8 billion. Several mutual funds are expected to participate in this round, including Wellington Management, and the company's current investors will also participate. (Source: Sina Technology)

  8. Alibaba cooperates with New York Fashion Week Chinese users will watch and buy immediately

  According to US media reports, New York Fashion Week will be jointly organized by entertainment giant IMG and China's Alibaba Group. This cooperation will increase the popularity of American brands in China and increase the number of Chinese designers participating in the fashion week. Because the middle class in the Chinese market has grown, American fashion brands are paying more and more attention to China. The cooperation with Alibaba can meet the needs of both parties. (Source: Global Network)

  9. Heytea will also issue "Skip the queue coupon" when opening a mini program mall

  On September 14, the "Internet celebrity milk tea" Heytea's mini program mall, "HEYTEA Heytea Planet Store", was officially launched on the 14th. From September 15 to October 15, Heytea will launch the "Camo Season" theme packaging and will also sell 10,000 camouflage cards, including skipping the queue and other services. At the same time, Heytea has also launched four camouflage-themed peripheral products in the mini-program mall, including mobile phone cases, shopping bags, card covers and folding umbrellas. (Source: Yibang Power)

  10. iPhone 8 will be available on Tmall and its official website 7 days ahead of other channels from today

  At 3:00 p.m. on September 15, the iPhone 8 will be pre-sale on Tmall Apple's official flagship store and Apple's official website, 7 days ahead of other dealer channels. Recently, Apple officially launched the flagship iPhone 8/8 Plus of the year and the new generation iPhone X. As the only platform that was launched globally with Apple's official website, Tmall Apple's official flagship store announced that it will start pre-sale of iPhone 8/8 Plus from 3:00 pm on September 15. This means that as long as you place an order at Tmall and pay a full payment, you will become the first user to get new iPhone products. On the same day, JD.com announced that the iPhone 8 will be available at 8 a.m. on September 22. This is a whole week later than Tmall and Apple's official website. (Source: Tianxia Online Business)

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