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Laogao E-commerce Newsletter on October 26

2017-10-26

  #Laogao E-commerce News# [October 26 E-commerce Evening News Brief] 1. Alibaba CEO Zhang Yong: Tmall Double 11 helps the top 100 Chinese brands go overseas; 2. Fighting Tmall Double 11, Cainiao and Riri Shun use unmanned warehouses to speed up large-scale logistics; 3. Global billionaires have increased their wealth to US$6 trillion. Asian billionaires surpassed the United States for the first time; 4. Challenge unmanned retail Alibaba's reputation uses QR code to create a low-end version of Amazon Go; 5. Kweichow Moutai earns about 73 million yuan a day, with a market value of 300 billion yuan compared to Sinopec's year.

Laogao E-commerce Newsletter on October 26

  1. Alibaba CEO Zhang Yong: Tmall Double 11 helps top 100 Chinese brands go overseas

  On the afternoon of October 26, Alibaba Group CEO Zhang Yong summarized Alibaba Group's concentrated exploration of globalization strategy in recent years at the second Global Cross-border E-commerce Summit held in Hangzhou, and announced that this year's "Tmall Double 11 Global Carnival" will help 100 Chinese brands to go to overseas markets. "Alibaba is committed to providing a "Chinese solution" for cross-border trade, and Tmall Double 11 is pushing this "Chinese solution" to the world."

  A total of 100 Chinese brands including Bosideng, HaiLan Home, Pechoin, Shanghai Jahwa, Joyoung, Supor, Fangtai, Gree, Midea, Haier, Li Ning, etc., will welcome consumers all over the world on Tmall Double 11 for the first time. (Source: Sina Technology)

Laogao E-commerce Newsletter on October 26

  2. Fighting against Tmall Double 11, the rookie and Rijiu use unmanned warehouses to speed up large-scale logistics

  Tmall Double 11 is approaching. Cainiao Network said today that it has jointly prepared new technologies such as unmanned warehouses for large-scale logistics with partners such as Ririshun, and has achieved rapid improvement in smart logistics in the field of large-scale commodity circulation. In order to enable large-scale products such as TVs, refrigerators, washing machines, etc. to be delivered efficiently, Cainiao has also set up dozens of front warehouses across the country with its partners. According to big data predictions, large-scale products for home appliances and home furnishings have been prepared by consumers in advance. (Source: Tianxia Online Business)

Laogao E-commerce Newsletter on October 26

  3. Global billionaires’ wealth has increased to $6 trillion. Asian billionaires surpass the United States for the first time

  According to a report released by UBS and PricewaterhouseCoopers on Thursday, billionaires' wealth rose 17% to $6 trillion in 2016, reversing the decline in the previous year. Under China's leadership, the number of billionaires in Asia surpassed the United States for the first time. As the economy grows, Asia produces a new billionaire on average every two days. (Source: Sina Finance)

Laogao E-commerce Newsletter on October 26

  Hot comments from netizens: There are too many invisible wealthy people in China! ! ! ! ! ! You understand

  4. Challenge unmanned retail Alibaba's reputation uses QR code to create a low-end version of Amazon Go

  There are no dense cameras and various complex sensors. On October 26, at the 4th International E-Commerce Expo, Alibaba's local life service platform used a normal QR code to transform traditional convenience stores into an experience similar to Amazon Go: personalized discount combination recommendations; no need to queue up to check out, just scan and get it. (Source: Tianxia Online Business)

Laogao E-commerce Newsletter on October 26

  5. Kweichow Moutai earns about 73 million yuan a day, with a market value comparable to Sinopec's increase of 300 billion yuan this year

  Kweichow Moutai's performance report for the first three quarters of 2017 showed that the company achieved operating income of 42.45 billion yuan, a year-on-year increase of 59.4%; net profit attributable to shareholders of listed companies was 19.983 billion yuan, a year-on-year increase of 60.31%; basic earnings per share was 15.91 yuan, a year-on-year increase of 60.31%. (Source: Securities Daily)

Laogao E-commerce Newsletter on October 26

  Hot comments from netizens: Good red wine can be very expensive, can't our national wine be

  6. Alibaba joins hands with China Great Wall's non-performing assets to dispose of new paths

  On October 26, Alibaba Group and China Great Wall Asset Management Co., Ltd. (hereinafter referred to as China's "Great Wall Assets") signed a strategic cooperation agreement. The two parties will carry out comprehensive cooperation in non-performing asset disposal business, non-performing asset reverse investment business, financial business field, industrial investment and mergers and acquisitions field, international business field, etc. (Source: Tianxia Online Business)

Laogao E-commerce Newsletter on October 26

  7. The conversion rate is increased by 18%? JD Short Video has made a contribution

  According to October 26, JD.com recently released a set of short video data reports on product. The data shows that 25% of JD users will actively watch videos before purchasing. Among them, home textiles, gift bags, and clothing underwear are currently the products with the highest video conversion rate. Under the influence of the mobile Internet, users' habit of obtaining information has changed from pictures and text to short videos. Short videos can allow users to increase their stay time during online shopping and improve product conversion. (Source: Yibang Power Network)

Laogao E-commerce Newsletter on October 26

  8. The head of the National Copyright Administration: Music copyright should not be exclusively authorized

  Recently, the State Copyright Administration interviewed domestic and foreign music companies and several major domestic online music service providers, requiring full authorization of online music works and avoid exclusive authorization. "In foreign countries, record companies rarely have the entire library licensed to a music platform for exclusive use. This is abnormal in China." Relevant person in charge said: Internet music service providers seize exclusive copyrights and levitate authorized prices, which is not conducive to the widespread dissemination of music works... and may also lead to a rebound in piracy. Netizens said: NetEase Cloud Music may become a well-known winner (Source: People's Daily)

Laogao E-commerce Newsletter on October 26

  Hot comments from netizens: Yes, TMD, I have to run vip on several platforms

  9. Huawei Yu Chengdong appeared at Xiaomi Home Netizen: Mr. Lei, there is an enemy in front of him

  Recently, it was revealed online that Yu Chengdong appeared at the Shenzhen Xiaomi Home flagship store, and Yu Chengdong seemed to have a chat with Xiaomi employees. Some netizens said that it is nothing more than just inspecting the enemy situation and seeing what Xiaomi Home is like. Some people joked that Mr. Lei is coming soon, and there are enemy troops in front of him to the scene. (Source: Webmaster's Home)

Laogao E-commerce Newsletter on October 26

  Hot comments from netizens: Mr. Lei: Don’t panic, I am already at Huawei’s headquarters! ! !

  10. Meituan Takeout: The delivery staff who stole the user's food

  Yesterday, a news report on Maimai that Meituan takeaway delivery staff stole the meals of customers while delivering food, which sparked heated discussion. A person from Meituan Takeout Public Relations Department revealed that the delivery staff involved has been found and fired. But some users do not seem to buy it, saying that they are fired every time and cannot eliminate this phenomenon. (Source: Sina Technology)

Laogao E-commerce Newsletter on October 26

  Hot comments from netizens: Eat less takeaway and cook your own meals!

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