#Laogao E-commerce Newsletter# [E-commerce Morning News on January 30] 1. Wang Jianlin, who has not created an e-commerce company for five years, still admitted Feifan’s failure! 2. Pinduoduo released an annual report on poverty alleviation and agricultural assistance: 3.4 billion yuan was invested in 2017; 3. Wang Jianlin and Ma Huateng finally got together. What do you think about Jack Ma? 3. Wang Jianlin and Ma Huateng finally got together. What do you think about Jack Ma? 4. Toutiao will sue Baidu: saying that Baidu uses its monopoly advantage to unfair competition; 5. Japanese media: Travel frog apple downloads 10 million, China accounts for 95% of Japan only 2%.

E-commerce newsletter
1. Wang Jianlin, who has not created an e-commerce company for five years, still admitted Feifan’s failure!
Wang Jianlin, Feifan's original direction was deviated. In the past, I always wanted to make scale. Wanda E-commerce has not made any profit in the past five years because it is because it is given too much money. If I had given me less money at the beginning, I would have set an investment limit! This business, which he once had high hopes to be able to fight Jack Ma, ended with a round of major layoffs! (Source: E-commerce Headlines)
2. Pinduoduo releases annual report on poverty alleviation and agricultural assistance: invest 3.4 billion yuan in 2017
On January 29, Pinduoduo's annual report on poverty alleviation and assistance was released, saying that a total of 3.4 billion yuan was invested in 2017 to promote agricultural products in poor areas for public welfare and solve the problem of "difficulty in selling goods" of millions of farmers. The report said that Pinduoduo has given birth to more than 900 million poverty alleviation orders throughout the year, selling 1.83 million tons of agricultural goods, and can load 30,000 train leather.
比如对陕西乾县的酥梨滞销问题,拼多多及时响应,联合商家溢价30%的上门包销。
The report also pointed out that Pinduoduo has covered 90% of national-level poverty-stricken counties, among which the revenue of assisted online stores has increased by more than 310% (Source: Yibang Power)
3. Wang Jianlin and Ma Huateng finally got together. What do you think about Jack Ma?
Tencent Holdings (hereinafter referred to as Tencent) is the main initiator, and has signed a strategic investment agreement with Suning, JD.com, Sunac and Wanda Commercial in Beijing, with a planned investment of approximately RMB 34 billion to acquire approximately 14% of the shares held by investors introduced by Wanda Commercial when the Hong Kong H shares were delisted. This will be one of the well-known single strategic investments between global Internet companies and physical business giants. With the completion of the introduction of major strategic investors, Wanda Commercial's valuation has also increased from 192.4 billion yuan when Hong Kong stocks were delisted to 242.9 billion yuan. The 500 billion A-share market value previously entrusted by the market also seems to be more confident with the support of giants. (Source: Phoenix Technology)
Internet news
4. Toutiao will sue Baidu: Says Baidu uses its monopoly advantage to unfair competition
Toutiao issued a statement last night saying that it will sue Baidu because of its "unfair competition" behavior using its monopoly advantages. Toutiao said that recently, it received a user report and searched for content related to "Toutiao" on Baidu. The search results ranked first are "old news" (an article in which Toutiao was asked to rectify) released by the informal source (Baijiahao, a self-media platform under Baidu). The second-order search result is "Today's Headlines Official Website", but the warning is marked in red: "Reminder: This page may not be accessed normally due to unstable service." In fact, the official website of Toutiao is stable and can be accessed normally. If you use search engines such as 360 Search and Sogou, this rumor will not appear. (Source: Sina Technology)

Toutiao and Baidu start a war today Toutiao and Baidu start a war
5. Japanese media: Travel frog apple downloads 10 million, China accounts for 95% of Japan only 2%
The game "Travel Frog" developed by Japanese company "Weekly Asahi" has a total download volume of 10 million times in the Apple app store. Among them, Japan and the United States only account for 2% and 1%, while China accounts for 95% of the number of downloads, which is overwhelming. Why is this game so popular in China? Japanese media said that it may be related to the "going" game mode of the travel frog. The reason why the game is popular is currently under investigation. Some analysts believe that as long as you are ready to travel in the game, the game mode setting of the frog can travel alone is well received by the busy young people in their teenagers and twenties.
According to reports, the game currently has only a Japanese version. In view of the warm response, the company is discussing adding multilingual versions such as Chinese and English in the future. (Source: Global Network)
6. Apple cuts its first-quarter iPhone X production target by half to 20 million units
According to Nikkei Asia Review, Apple will reduce the production target of iPhone X in the first quarter of this year from the initial 40 million units to about 20 million units. According to reports, Apple has notified suppliers that it has decided to reduce its iPhone X production target to about 20 million units in the first three months of this year. This is mainly because the iPhone X sales in Europe, the United States and China during the peak Christmas shopping season last year were lower than expected.
Some industry insiders say that the reason why the iPhone X failed to become popular around the world is to partly because of its high starting price of $999. In addition, due to the unsatisfactory sales of iPhone X, Apple may also postpone the use of OLED screens in other models of iPhones. (Source: Sina Technology)
7. Dell may be reversely acquired or a well-known transaction in IT history
On Monday, US media CNBC reported that, according to people familiar with the matter, PC maker Dell is likely to be reversed by holding company VMwave, a deal that will be the largest in the history of IT. (Source: Wall Street News (Shanghai))
Cross-border newsletter
8. Alibaba will promote traffic management system in Kuala Lumpur for such overseas projects
Chinese e-commerce giant Alibaba will create a traffic control system for the Malaysian capital Kuala Lumpur that uses AI technology; the group is promoting the enhancement of its cloud computing business, the first time it has carried out such services outside of China. (Source: Global Market)
9. Walmart and Amazon are "competing"! Join hands with the famous Japanese e-commerce company Lotte and enter the e-book market!
Faced with Amazon's strong global expansion, traditional retail companies and regional e-commerce companies are joining together to keep warm. The latest news shows that Walmart, a multinational retail company in the United States, announced that it will cooperate with Japan's well-known e-commerce platform Rakuten, to launch online food delivery services in Japan and jointly sell e-books and audiobooks in the United States to compete with Amazon in the Asian and American markets. (Source: CCTV Finance)
Lao Gao's opinion
10. Entrepreneurship insights
One of the most important signs of a promising company is to give full rewards to employees with excellent work. Otherwise, there will be little difference between good and bad work. Starting from the company level, it will hurt the hearts of outstanding employees. If you slowly continue, all the outstanding talents will be exposed, and there will be a group of people who are scrambling to live. Such a company will not have a future.
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