Laogao E-commerce Newspaper on October 18th

　　#Laogao E-commerce Newsletter# [October 18 E-commerce Morning News Brief] 1. Ma Huateng reduced his holdings in Tencent for four consecutive days last week, cashing out a total of 2.1 billion yuan; 2. Jack Ma released a letter to investors in 2017: Alibaba should not exist because of making money; 3. JD.com announced that the "Double 11" express delivery will not increase its price and will also provide 2.1 billion logistics subsidies; 4. Ren Zhengfei: Fresh graduates should have a two-year protection period and cannot be eliminated within two years; 5. Zhang Yong: The "five new" strategy drives Alibaba's rapid development.

　　1. Ma Huateng reduced his holdings in Tencent for four consecutive days last week, cashing out a total of 2.1 billion yuan.

　　Ma Huateng once again reduced his holdings in Tencent shares. According to the Hong Kong Stock Exchange's equity disclosure data, Ma Huateng reduced his holdings by 6 million shares for four consecutive days from the 10th to the 13th of this month, with an average price of 351.13 yuan, 351.39 yuan, 351.83 yuan and 348.09 yuan respectively, with a total cash out of 2.1 billion yuan, and his shareholding volume dropped from 8.69% to 8.63%. (Source: 36Kr)

　　Hot comments from netizens: I only took 10,000 yuan to spend two yuan, it seems that I scared you

　　2. Jack Ma released a 2017 letter to investors: Alibaba should not exist because of making money

　　On the evening of October 17, Alibaba Group Chairman Jack Ma wrote a letter to all Alibaba investors, systematically interpreting Alibaba's mission, boundaries and thoughts on the future. "Alibaba should have the ability to make money, but it should never become a company that exists because of making money. Our real mission is to make good use of the power of technology and innovation to make the world economy more inclusive and shared, sustainable development, healthy and beautiful" (Source: Tianxia Online Business)

　　Hot comments from netizens: Alibaba has achieved absolute innovation and Tencent has achieved absolute acquisition

　　3. JD.com announced that "Double 11" express delivery will not increase its price and will also provide 2.1 billion logistics subsidies

　　On the eve of "Double 11", ZTO Express and Yunda Express issued a price increase news, which made the shoppers very unhappy! JD.com said yesterday that JD.com Logistics' "Double 11" will not only not increase its price, but will also provide merchants with logistics subsidies worth up to 2.1 billion yuan. (Source: Wuhan Evening News)

　　Hot comments from netizens: My brother Dong in society, he doesn’t talk much~

　　4. Ren Zhengfei: Fresh graduates should have a two-year protection period and cannot be eliminated within two years.

　　On October 17, last night, Huawei's official official account released an internal presidential office document, in which Ren Zhengfei pointed out that it is necessary to be open and innovative, absorb global talents, and build a global capability layout of "for me, for me, and for me". The document content states that Huawei should have an open attitude towards employment, learn from the United States, and establish a capability center. In Ren Zhengfei's view, Native Americans are Indians. The reason why the United States is developed today is because of its advanced systems, flexible mechanisms, clear and clear property rights, respect and protection of individual rights, which have attracted outstanding talents from all over the world, thereby promoting hundreds of millions of talents to invest and innovate in American land.

　　5. Zhang Yong: The "Five New" strategy drives Alibaba's rapid development

　　On October 17, Alibaba Group CEO Zhang Yong issued a letter to investors before the 2017 Annual General Meeting, saying to global investors: Driven by the strategic thinking of "Five New", Alibaba's various businesses have developed rapidly in the past year, and pointed out Alibaba's future strategic evolution direction. Last year, Alibaba first proposed the "five new" strategic ideas for the next ten or twenty years - "new retail", "new finance", "new manufacturing", "new technology" and "new energy". "The past year has been a year when Alibaba Group's various businesses have achieved rapid development, and it is also a year when Alibaba's vision, mission and strategic blueprint are increasingly recognized and recognized by the capital market." Zhang Yong said in a letter to investors. (Source: Tencent Technology)

　　6. The physical supermarket is now closing stores. Yonghui RT-Mart has entered cross-border e-commerce

　　Recently, Yonghui Supermarket issued an announcement stating that it signed a "Own-Brand Service Agreement" with Daman International, reaching an agreement on the service content, service methods and payment methods of its own brand research and development, supplier cooperation and marketing, aiming to create cost-effective global customized products for the Chinese market and consumers and introduce excellent foreign brand products. Yonghui Supermarket revealed that it plans to achieve sales of private brands and imported goods in the food supply department by RMB 1.5 billion in 2016. (Source: Blue Whale TMT)

　　7. Alibaba and JD.com considers investment platform 11st to expand Asian market

　　According to South Korean media citing people familiar with the matter, Alibaba and JD.com are considering investing in a subsidiary of South Korean online market 11st in Malaysia. Industry sources said Alibaba and JD.com are weighing whether 11st Malaysia can help it expand further in the Asian market. (Source: Tencent Technology)

　　8. JD.com launches the "1020 Home Shopping Festival" to help merchants build online "sphere of influence"

　　Recently, JD.com officially launched the annual well-known shopping festival in the O2O field, "1020 Home Shopping Festival", covering hundreds of millions of consumers in 22 cities including Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou through an online and offline linkage model. It is understood that the scale of this "1020 Home Shopping Festival" is a well-known conference in previous years. Nearly 70,000 physical retail stores and brand owners including Wal-Mart, Yonghui, CP Lotus, Auchan, Baiguoyuan, Pepsi Food and Yili will participate, including supermarket convenience venues, fruit and vegetable venues, snack venues, health venues and flower venues. (Source: 36Kr)

　　9. JD.com’s fashion counterattack: Double 11 promotes “boundaryless retail”

　　On October 17, JD.com officially unveiled the curtain of this year's "11.11 Global Good Things Festival". It is reported that this year's JD "11.11 Global Good Products Festival" will start from November 1 to November 12, including PLUS membership day, super flash sale day, god coupon day, super single product day and ace endorsement. (Source: 21st Century Business Herald)

　　Hot comments from netizens: JD Retail is blooming online and offline

　　10. Suning will add 4 unmanned stores on Double 11

　　On October 16, at the Suning.com O2O Shopping Festival held in Nanjing, Suning.com President Hou Enlong announced that during this year's "Double 11" period, while Suning opened unmanned stores, it will use a well-known domestic robot warehouse group to relieve logistics pressure and once again promote the concept of "shared express boxes". "Shared Express Box" (foldable drift box) replaces commonly used cartons. (Source: The Paper)

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