#Laogao E-commerce Newsletter# [E-commerce Morning News on January 3] 1. Jumei Youpin's first half financial report: Net profit of 102 million yuan fell by 27.9% year-on-year; 2. Liu Qiangdong issued an announcement to find the family genealogy; 3. WeChat launched the boutique store function LV, Starbucks and other brands to settle in; 4. Alipay released the 2017 national bill, and it has become a new habit for Chinese people to go out without bringing a wallet.

E-commerce newsletter
1. Jumei Youpin's first half financial report: Net profit of 102 million yuan fell by 27.9% year-on-year
Sina Technology News Jumei Youpin (NYSE:JMEI) released its unaudited financial report for the first half of 2017 (the six months ended June 30), with net revenue of approximately RMB 3.2 billion during the period, a year-on-year decrease of 9.2%; net profit attributable to Jumei's common shareholders reached RMB 101.9 million, compared with approximately RMB 141.2 million in the same period last year, a decrease of 27.8%. (Source: Sina Technology)
2. Liu Qiangdong issued an announcement to find the family genealogy
On January 2, JD.com founder Liu Qiangdong issued an announcement on WeChat Headlines to find his ancestors, saying that before the liberation of the family, he was from the Liu clan of Xiangtan County, Hunan Province, and his great-grandfather was born here and later moved to Jiangsu for some reason. Because his great-grandfather and grandfather died earlier, only limited information is left behind - the Liu clan of Xiangtan Zhongjing Hall. Liu Qiangdong's father hopes to find his family genealogy. Liu Qiangdong also posted a note about the Liu family in Xiangtan County, Hunan Province, saying that Xiangtan County in Hunan Province had a very large location before liberation, so it was not necessarily within the scope of today's Xiangtan City.
Hot comments from netizens: A large number of Liu family in Xiangtan are on the way to find you
3. WeChat launches boutique store functions and other brands to enter
In the latest 6.6.0 version, WeChat quietly added the "official boutique" function and launched the brand mall. Currently, LV, Swarovski, Starbucks and other brands have settled in. Taking LV as an example, when a user enters LV in the search bar, the first column of the search results is the entrance to the official LV boutique. After entering, you can view the surrounding LV stores and phone numbers, and display the latest activities, product categories, selected products and other information in turn. There are no more than 6 products recommended on the entire page, the picture is simple and the information is clear. If you click further, WeChat will jump to the official website of LV China. Consumers will complete online shopping, information inquiry and other functions in the official website of the brand. The service and purchase steps are the same as the official website, but only WeChat payment can be used. Brands such as Nike, Zara, Swarovski are similar to LV. If you purchase, you must jump from the WeChat site to the official brand website to complete it. (Source: Interface News)
4. Alipay releases the 2017 national bill, and it has become a new habit for Chinese people to go out without bringing a wallet.
On January 2, Alipay, a subsidiary of Ant Financial, released its 2017 national bill. Data shows that with the popularity of mobile payment, the lifestyle of Chinese people is quietly changing: going out without a wallet has become a new habit for Chinese people and a new fashion in the world. With technological breakthroughs, in 2017, buses and subways in more than 30 cities supported Alipay one after another, and many netizens lamented that "the last reason to bring a wallet when going out is gone." (Source: E-commerce Online)
Internet news
1. LeTV Mall uses RMB 92.9 million to settle the debt and is repaid by LeTV.com
On the evening of January 2, LeTV.com announced that LeTV's holding subsidiary "New LeTV Smart Home" acquired LeTV Mall assets operated by LeTV E-commerce for 92.9 million yuan, and used the debt repayment method of related parties to resolve the debts owed by related parties to the listed company. In order to alleviate the financial pressure, New LeTV Smart Home has carried out a round of capital increase, raising 3 billion yuan at a valuation of more than 12 billion yuan, of which 1.5 billion yuan was increased by new investors and original investors in cash, and 1.5 billion yuan was invested by creditors at the valuation of debt. (Source: Sina Technology)

2. Samsung admits that Note 8 battery problems: it cannot charge and turn on after the battery is exhausted
According to the technology information website BGR, a few days ago, some Galaxy Note 8 users discovered that the phone could not charge and turn on after the battery was exhausted. Samsung has since acknowledged the issue and said only a limited number of phones have been affected. (Source: TechWeb)
3. Regulators oppose Ant Financial's acquisition of MotoGold
MoneyGram and Ant Financial agreed to abandon the merger plan after failing to obtain approval from the US Council on Foreign Investment (CFIUS). "The geopolitical environment has changed a lot since we first announced the deal with Ant Finance nearly a year ago. Despite our well-known efforts to work with the U.S. government, it is now clear that CFIUS will not approve this merger," said MoneyGram CEO Alex Holmes in a statement. (Source: Wall Street News)
Cross-border newsletter
1. Dunhuang.com South America Digital Trade Center is located in Peru
Recently, Dunhuang.com announced that its South American Overseas Digital Trade Center (DTC) has officially landed in the Miraflores Commercial Center in the center of Lima, the capital of Peru. It is reported that the center is located in a prime location near Kennedy Park and is a famous local electronic wholesale market. Dunhuang.com said that it will help Chinese high-quality products quickly enter the local market in Peru through this layout, and use this as a focus to open up the South American market. Dunhuang.com DTC will use offline venues as a carrier to build a new digital trade model that integrates the full process services of pre-sales, in-sales and after-sales services. (Source: Yibang Power)
2. Shanxi connects with American companies to cross-border manufacturing e-commerce
Recently, the Shanxi Provincial Council for the Promotion of Trade held a "Shanxi Manufacturing 'Going Out' - the US-Top Promotion Exchange Conference of the two-way cross-border e-commerce platform for industrial equipment in China and the United States" in Taiyuan. More than 100 representatives from relevant Chinese and American institutions and enterprises attended the exchange meeting. Relevant personnel from the Shanxi Provincial Council for the Promotion of International Trade said that the two sides can take advantage of the convenient conditions such as flow of people, business flow, and information flow provided by this promotion and exchange meeting to actively explore new models in investment, trade and economic and technological cooperation, improve the connotation and quality of economic and trade cooperation between the two sides, and promote Shanxi equipment manufacturing to "go global". (Source: China Trade News)
Today's Lao Gao's opinion
Whether social marketing is important or IP is important has always been controversial. Although most companies want to have both, it is difficult to do without precipitation. Alibaba is a brand, Jack Ma is an IP; Apple is a brand, Jobs is an IP; WeChat is a brand, Zhang Xiaolong is an IP, Xiaomi is a brand, Lei Jun is an IP; Gree is a brand, Dong Mingzhu is an IP... These brands may have experienced several generations, but IP will not, because people will grow old, the market will change, and consumers will change their tastes. IP is an indispensable part of a company, especially innovative companies. Which of the new brands now has IP first: Heytea, Dirty Bag, Chu Orange, Penguin and Mao, Funiutang... First Shu (Stand) the brand or first make IP, what do you think?
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