Laogao E-commerce Newsletter on September 20

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on September 20] 1. The express delivery volume for Double 11 this year is expected to exceed 1 billion and mobilize more than 3 million couriers; 2. Alibaba acquires Damai.com: it will spend 500 million to upgrade software and hardware; 3. Alipay also enters the mini program and becomes a new battlefield for giants; 4. 96 pieces of express delivery are lost 42 pieces; 5. JD Logistics subsidy of 666 million to prepare for Double 11?

　　1. This year's Double 11 express delivery volume is expected to exceed 1 billion and mobilize more than 3 million express delivery personnel.

　　September 20th news, this morning, China Express Association, Cainiao Network and major express companies jointly held a Double 11 logistics mobilization meeting. Yu Yan, head of the Express Management Office of the State Post Bureau, said that according to forecasts, the total express processing volume of the entire industry during this year's Double 11 (11.11-11.16) will reach a new level, and it is expected to exceed 1 billion pieces. Shi Miao, vice president of Cainiao Network and chief logistics commander of Double 11, introduced that with the rapid growth of the total express delivery volume, this year's Double 11 will be a major test for the comprehensive upgrade and large-scale application of smart logistics in the entire industry. The collective debut of the super robot warehouse, the diversified distribution of the last 100 meters, and the first batch of "green warehouses" in the world will become the highlights of this year. (Source: Phoenix Technology)

　　2. Alibaba acquires Damai.com: It will spend 500 million to upgrade software and hardware

　　Alibaba's entertainment sector has been accelerating its integration and layout. In March this year, Alibaba announced that it had completed its full acquisition of Damai.com, a well-known Chinese performance ticketing platform. Today, Alibaba revealed that it will invest 500 million yuan to upgrade the software and hardware of Damai.com in the future, including the transformation of more than 1,000 traditional performance venues. (Source: E-commerce News)

　　3. Alipay has also entered the mini program and has become a new battlefield for giants.

　　It is reported that Ant Financial will soon preach its mini program through an open day, explaining to developers the service capabilities, technology and application scenarios of Alipay mini programs. This means that after a full month of public beta, Alipay mini program has begun to prepare for investment and will be officially unveiled soon. (Source: Yibang Power Network)

　　4. 96 pieces of express delivery and 42 pieces of diamond jewelry lost

　　From Sichuan Express to Shanghai, I found that 42 of the 96 pieces of jewelry were lost, 32 pieces were severely worn, and only 22 pieces were relatively intact, with a loss of nearly 200,000 yuan! However, since the batch of items was not insured, when sending the express delivery, the store stated "gear" on the items, and did not particularly emphasize that this batch of items was valuables, and the company should also bear certain responsibilities. Therefore, it made a request to the express delivery company for half of the responsibility, hoping that the express delivery company could compensate half of the losses. However, the express delivery company believes that the compensation is too high for this requirement, and the two parties are still negotiating. (Source: Qianjiang Evening News)

　　5. JD Logistics subsidies of 666 million yuan should be prepared in advance for Double 11 ?

　　On September 19, JD Logistics announced that in order to face Double 11, it will provide subsidies worth 666 million yuan to merchants to provide discounts, full discounts and other discounts for JD platform merchants and social merchants in preparation before Double 11. JD Logistics stated that this event will be divided into different points and waves, involving major categories such as home appliances, maternal and infant, 3C, clothing, etc., covering JD warehouse and distribution integrated services, transshipment services and cloud warehouse services. (Source: China E-Commerce Research Center)

　　6. China's e-commerce trading market increased by 27.1% year-on-year in the first half of the year

　　China E-Commerce Research Center (100EC.CN), a well-known domestic Internet + think tank, released the "2017 (Part 1) China E-Commerce Market Data Monitoring Report". The core data of the report shows that China's e-commerce transaction volume in the first half of 2017 was 13.35 trillion yuan (RMB, the same below), an increase of 27.1% year-on-year. Among them, the transaction volume of the B2B market was 9.8 trillion yuan, the transaction volume of the online retail market was 310 million yuan, and the transaction volume of the life service e-commerce was 45 million yuan. (Source: China News Network)

　　7. Jia Yueting sells LeTV game assets: A micro-business takes over and says it is a hero to save the beauty

　　Jia Yueting, a LeTV department, is accelerating the processing of LeTV's assets in the non-listed system. On September 19, a game distribution company called Bingqiong Interactive Entertainment announced on its official website that it would officially acquire 100% of LeTV Games' equity in cash. At the press conference of Bingqiong Interactive Entertainment's acquisition of LeTV Games that day, Bingqiong Interactive Entertainment CEO Wang Qiang and LeTV Games CEO Dong Meng appeared. Wang Qiang, CEO of Bingqiong Interactive Entertainment, said that the acquisition can be achieved mainly is based on two points: one is that the two companies have like-minded and consistent goals; the other is that each takes advantage of each other's strengths and complements each other's strengths. (Source: The Paper)

　　8. Daily Youxian completed a US$230 million C+ round financing and will focus on unmanned shelves in the office

　　Recently, fresh food e-commerce Daily Youxian officially confirmed that it has completed a US$230 million C+ round of financing in March this year. This round of financing was led by TigerGlobal and Yuansheng Capital, and Times Capital participated in the joint investment. So far, the total financing of MissFresh's Series C Series exceeded US$300 million, and previously investors also included Tencent, Lenovo Venture Capital, etc. (Source: Yiou.com)

　　9. Tmall and Kindle launched "100 Days Night Reading", and half of the cultural circle big names such as Cai Kangyong and Ma Boyong were launched

　　On September 19, Kindle and Tmall announced that they would jointly launch the "100-day Night Reading" plan, searching for "Not tonight to read" on Taobao or Tmall App on their mobile phones. They would recommend a book every night and invite a big name to Tmall to live broadcast to accompany you to read at night every Wednesday night. (Source: Tianxia Online Business)

　　10. Forbes: Wall Street high-end investors "rarely unanimous" bet on Alibaba

　　Alibaba's stock price broke through $180 today, and its gains have nearly doubled this year, but in the eyes of Wall Street investors, the story has just begun. On September 19, high-end fund manager Tony Mitchell said in an exclusive interview with Forbes that compared with Amazon, Alibaba's valuation is still relatively low, and it is believed that the stock price will double within 3-4 years. Just last month, investor Gorden Lam also told Forbes that Alibaba is a better investment than Amazon. In fact, since the beginning of this year, facing the huge potential shown by Alibaba's continuous promotion of its new retail strategy, investors with different styles on Wall Street are increasingly tending to a common judgment: betting on Alibaba is betting on the future. (Source: Tianxia Online Business)

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