#Laogao E-commerce Newsletter# [February 2 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [February 2 E-commerce Morning News Brief] 1. Alibaba's third-quarter profit did not meet expectations and the stock price fell by more than 6%; 2. JD.com and the UK Ministry of International Trade signed a memorandum of understanding, which will sell 2 billion pounds of British products in the next 2 to 3 years; 3. Alibaba led the investment and printing of a well-known food e-commerce company with US$300 million in financing to become a strategic investor; 4. From today on, Hubei Expressway manual charging channel supports Alipay to "scan the code to pay" for payment; 5. New era channels are added to popular Weibo areas.

　　E-commerce newsletter

　　1. Alibaba's third-quarter earnings failed to meet expectations and its stock price fell by more than 6%.

　　Alibaba's net profit in the third quarter was RMB 23.332 billion (approximately US$3.586 billion), an increase of 36% from RMB 17.157 billion in the same period last year; net profit attributable to Alibaba's common shareholders was RMB 24.073 billion (approximately US$3.7 billion), an increase of 35% from RMB 17.855 billion in the same period last year. Diluted earnings per share in accordance with US GAAP were RMB 9.20 (approximately US$1.41), and diluted earnings per share in accordance with US GAAP were RMB 10.61 (approximately US$1.63), which failed to meet analyst expectations. According to data provided by Yahoo Finance, 26 Wall Street analysts had previously expected that Alibaba Group's third-quarter earnings per share would reach $1.67. (Source: Tencent Technology)

　　2. JD.com and the UK Department of International Trade signed a memorandum of understanding, and will sell £2 billion in British products in the next 2 to 3 years.

　　On February 1, during British Prime Minister Theresa May's visit to China, JD.com and the UK Department of International Trade (DIT) signed a memorandum of understanding to sell £2 billion in British products in the next two to three years. Before this signing, Theresa May met with Liu Qiangdong, Chairman and CEO of JD Group, at the official residence of the British Ambassador to China. At present, JD.com is selling more than 90,000 British products, while the number of brands and types from the UK is still growing at a 100% rate in the past two years; in 2017, the sales of British goods on JD.com's platform also increased by nearly 100% year-on-year, among which the sales of home textiles and furniture increased the fastest, with sales reaching 23.5 times and 11.8 times respectively in the same period last year. (Source: 36kr)

　　3. Alibaba led the investment of well-known food e-commerce to raise US$300 million to become a strategic investor

　　According to Bloomberg's report on February 2, Beijing time, Alibaba led the round of financing of Bigbasket, a well-known fresh food e-commerce company in India, marking a rapid growth in India's fresh food e-commerce market.

　　Bigbasket co-founder and CEO Hari Menon said the company's valuation in this round is $950 million. This means that Bigbasket is only $50 million away from becoming a unicorn.

　　In an interview, Menon said, "We hope to introduce a strategic investor and think Alibaba is the most suitable." (Source: Phoenix Technology)

　　4. From today on, the manual charging channel of Hubei Expressway supports Alipay to "scan the code to pay" and pay.

　　Alipay announced on its official Weibo yesterday that starting from February 1, the manual toll channels of expressway toll stations across Hubei Province will support Alipay to "scan the code to pay" and pay, which will also improve the efficiency of highway traffic during the Spring Festival travel rush. From February 8 to February 14, car owners who use Alipay to pay on Hubei Expressway to "scan the QR code to pay" will also have the opportunity to receive a random "Spring Festival travel red envelope", with the maximum red envelope amount of 2,018 yuan. (Source: Alipay)

　　Internet news

　　5. New era channels are added in popular Weibo areas

　　Last night, Weibo added a new era channel in popular areas of the homepage, which mainly focuses on content published by central media, government Weibo, etc. Weibo revealed that this adjustment is to better publicize the spirit of the 19th National Congress, promote the core socialist values, and report on China's social outlook in the new era. As a well-known social media in China, Weibo is one of the important platforms for reflecting public opinion and spreading positive energy. Media institutions and government agencies have always been the new force in spreading positive energy on Weibo. (Source: Observer.com)

　　6. The actual controller of Qianbao.com, Zhang Xiaolei and others, have been arrested in accordance with the law.

　　According to information provided by the Nanjing Public Security Bureau, the actual controller of Qianbao.com, Zhang Xiaolei and others have been arrested in accordance with the law. On February 1, with the approval of the procuratorate, the Jiangbei New District Branch of the Nanjing Public Security Bureau arrested Zhang Xiaolei and 12 other criminal suspects on suspicion of illegally absorbing public deposits. After investigation by the public security organs, since 2012, Zhang Xiaolei and others have relied on the Qianbao.com network platform to obtain high interest rates of 40% to 60% as bait to complete advertising tasks, absorb huge amounts of funds from the public, and are suspected of committing crimes. (Source: Xinhuanet)

　　7. Apple's iPhone sales in the first quarter were 77.316 million units, less than analysts' expectations

　　According to morning news on February 2, Beijing time, Apple released its first-quarter results for fiscal year 2018. Data showed that Apple's net revenue in the first quarter was US$88.293 billion, an increase of 13% from US$78.351 billion in the same period last year; net profit was US$20.065 billion, an increase of 12% from US$17.891 billion in the same period last year. Apple sold a total of 77.316 million iPhones in the first quarter, down 1% from 78.29 million in the same period last year, compared with an average estimate of 79 million by Wall Street analysts. (Source: Sina Technology)

　　Cross-border newsletter

　　8. Amazon's fourth-quarter net profit was US$1.9 billion. 154% year-on-year

　　Amazon released its fourth-quarter financial report for fiscal year 2017 ended December 31 today. Amazon's fourth-quarter net revenue was $60.5 billion, a 38% increase from $43.7 billion in the same period last year, the report showed. Amazon's fourth-quarter net profit was $1.9 billion, up 154% from $749 million a year ago.

　　Driven by performance exceeding market expectations, Amazon's stock price rose by $84.00, or 6.04%, to close at $1,474.00. Based on Thursday's closing price, Amazon's market value is about $669.8 billion.

　　The distance to Apple is getting closer and closer. (Source: Phoenix Technology)

　　9. eBay announces that it will terminate its cooperation with PayPal

　　eBay announced on Wednesday (January 31) that it plans to stop using PayPal as its backend payment service provider. When their contract expires, eBay will enter into a long-term agreement with Amsterdam-based Adyen. This means that Adyen, not PayPal, will start processing all transactions on the site, and PayPal will be downgraded to "second-class status".

　　在现有的eBay-PayPal协议于2020年到期后，PayPal仍将是eBay上购物者的付款选项，但它不会像今天那样在借记卡和信用卡选项前占据显著位置。届时，PayPal将不再处理eBay的信用卡支付。（来源：雨果网）

　　Lao Gao's opinion

　　10. Three key points of excellent employees

　　1. User-centered: When writing every word, you must write it to the user's heart. Only by going deep into the masses and digging deep into the pain points can you write copywriting that goes out of the user's heart;

　　2. Planning: People who are engaged in creation have a wild mind, but it is not enough to have inspiration and ideas. Only after making plans can you create something targetedly, so that you can achieve results.

　　3. Decomposition goals: Many people think it is easy to set goals but difficult to achieve them. The reason is that they do not decompose them. The goal of a year looks scary, but what about breaking it down to every quarter, month, week, and day? That's different. Big goals help you determine the direction, and small goals urge you to complete them on time.

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