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#Laogao E-commerce Newsletter# [E-commerce Evening News on March 27]

2018-03-27

       #Laogao E-commerce Newsletter# [E-commerce Evening News on March 27] 1. Alipay was banned by Tencent, and users were stunned! Ma Huateng and Jack Ma are going to start a war again? ;2. Taobao’s new regulations! Penalties can be revoked if they pass the exam; 3. Gaode Map hitchhiking business will be launched without any commission; 4. From surpassing to leading, the three-year-old NetEase Kaola HaiPurchase uses "new consumption" to transform e-commerce; 5. Meituan Dianping will go public in Hong Kong and has selected underwriters; 6. It is said that Masayoshi Son has promoted Uber Didi to merge with Wang Xing: Didi has always been capital-centered...

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       E-commerce newsletter

    1. Taobao’s new regulations! Violations can be revoked by passing the exam

    On March 27, Taobao recently issued a notice that self-inspection will add new methods of exam study. Some types of violations can be revoked for corresponding violation penalties. It is reported that the measure has officially come into effect on March 23. The key points of this change of rules are as follows: Self-inspection and self-inspection add new methods of exam study. Some types of violations can be revoked for corresponding violation penalties. (Source: Taobao Rules)

    2. No commission will be drawn when Gaode Map hitchhiking business is launched

    Gaode Map announced today the launch of the "hitchhiking" business, with the first batch of online cities including Chengdu and Wuhan; in addition, Gaode will also launch car owner recruitment activities in Beijing, Shanghai, Guangzhou, Hangzhou, Shenzhen and other places, and the hitchhiking business is expected to cover major domestic cities in the future.

    Liu Zhenfei, president of Gaode Group, said that in order to increase market share, some hitchhiking platforms rely on high subsidies to car owners to stimulate new users, which has artificially stimulated the increase in road traffic. Not only can they not achieve the original intention of hitchhiking environmentally friendly and low-carbon travel, but they have also aggravated the degree of road congestion to a certain extent. Gaode Hitchhiking will adopt a public welfare model, not collect commissions to users, nor will it subsidize hitchhiking owners, and it has no commercial purpose in itself. (Source: NetEase Technology)

   

No commission will be drawn when the Gaode Map hitchhiking business is launched

       3. From surpassing to leading, the three-year-old NetEase Koala Haizhuang uses "new consumption" to transform e-commerce

    Recently, NetEase Koala Ocean Shopping has ushered in a grand promotion of the third anniversary. In 3 years, we can witness the golden development period of a newborn, and we can also witness how a cross-border e-commerce platform can go from a rising star to an industry leader. NetEase Kaola Haigou, a platform that has been entrusted by NetEase CEO Ding Lei, to "create a NetEase in three to five years", is not only getting closer to this goal, but is also changing the consumption ecology of China's cross-border e-commerce and even the e-commerce industry. More and more consumers say: They are accustomed to quickly finding the best products for their lives on NetEase Kaola Haigou, rather than waiting for a promotional festival to search the entire network, or bringing them back in large and small bags when going abroad. (Source: NetEase Technology)

   

   Three-year-old NetEase Koala Haizhuang uses "new consumption" to transform e-commerce

    4. Meituan Dianping will go public in Hong Kong and has selected underwriters

    Reuters quoted people familiar with the matter as saying that Meituan Dianping has selected Merrill Lynch Bank of America, Goldman Sachs and Morgan Stanley to prepare for an IPO in Hong Kong and is expected to be listed later this year. In October last year, Meituan Dianping completed a US$4 billion financing, and the lead investor was Tencent. After this financing, Meituan Dianping's valuation was US$30 billion. (Source: Cailianshe APP)

    5. Alipay was banned by Tencent, and users were stunned! Ma Huateng and Jack Ma are going to start a war again?

    "I worked hard to choose a lot of things, but when I checked out at the cashier, I found that I couldn't pay with Alipay." - Such an embarrassing situation actually happened in a big supermarket like Walmart. In the view of industry insiders, Walmart "takes the team" of Tencent.

   

Alipay was banned by Tencent, and users were stunned!

    Internet news

    6. Insider: LeTV can accept bankruptcy reorganization or sell assets to offset debts

    After withdrawing from LeTV's management, Sun Hongbin recently publicly admitted that his investment in LeTV had failed and bluntly stated that there are three ways to go before LeTV: bankruptcy reorganization, selling assets to repay debts, and delisting, but all the ways are very difficult.

    On March 26, LeTV issued an announcement stating that the public media's information about LeTV may have a significant impact on the company's stock trading price, and the company's stock will be suspended from trading on the same day. (Source: NetEase Technology)

    7. Masayoshi Son urged Uber Didi to merge with Wang Xing: Didi has always been capital-centered

    According to the afternoon of March 27, there have been rumors recently that Masayoshi Son is promoting the global merger between Uber and Didi. Meituan Dianping CEO Wang Xing said: Didi has always liked the capital-centered gameplay, and Meituan must continue to adhere to customer-centeredness.

    Meituan Dianping and Didi are currently in war in the fields of travel, takeout, etc. Meituan Taxi has entered the two cities of Nanjing and Shanghai, and has obtained a license for online car-hailing in Hangzhou. Wang Xing also said at the recent China Development Summit Forum that Meituan Taxi has gained one-third of the market share in the cities it has entered. He also said that Meituan Taxi has more advantages in its comprehensive services in hotels, takeout, etc. in competition with Didi. (Source: Sina Technology)

   

   Masayoshi Son promotes Uber Didi merger

    8. Tencent Music is transferring $1 billion in equity and will be listed as soon as this year

    On March 26, 2017, the Wall Street Journal quoted people familiar with the matter as saying that Tencent's digital music streaming business, valuation soared to US$25 billion. "Finance" reporters learned from sources that Tencent Music is conducting a round of US$1 billion equity transfers, but according to the consideration of the equity transfer that the reporter learned, Tencent Music's valuation is actually US$23 billion.

    The above-mentioned source told the "Finance" reporter that Tencent Music is not short of money at present. This transaction is mainly the transfer of old stocks, and its subscription scale is required to start at US$100 million. (Source: Finance Network)

    9. Foreign media: Meituan Dianping contacts investment banks such as Morgan Stanley on Hong Kong listing

    According to foreign media reports, several people familiar with the matter said that Meituan Dianping has contacted Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley to prepare for the early listing of Hong Kong that may be held later this year.

    According to people familiar with the matter, Meituan Dianping recently began preparations for its initial public offering (IPO) with the assistance of three Wall Street banks. The company has not issued a formal commission to the investment bank for the IPO undertaking work. (Source: TechWeb)

    Cross-border newsletter

    10. African e-commerce platform Jumia launches one-stop app "Jumia One"

    Recently, African e-commerce platform Jumia launched an Android version of mobile app "Jumia One", providing users with one-stop services, including shopping, payment, advertising, etc. on the platform.

    With Jumia One, people can buy and sell ad pages, pay across banks, donate churches, place bets for betting games or favorite sports, book Uber cars, pay for internet data, buy groceries or gadgets online, book air tickets or hotels.

    Jumia is a Nigeria-based e-commerce startup founded in 2012 and funded by Rocket Internet. It operates e-commerce business in 23 African countries, including South Africa, hoping to replicate Amazon’s successful model. (Source: Hugo.com)

   

   African e-commerce platform Jumia launches one-stop app "Jumia One"

    


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