#Laogao E-commerce Newsletter# [February 27 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [February 27 E-commerce Morning News] 1. Alibaba confirmed that it will acquire Ele.me as a new retail infrastructure; 2. Korean makeup Chinese market recovered. Exports to China increased by 92.9% year-on-year in January; 3. The world-renowned scale, China Mobile announced that it will build a 5G test network in 2018; 4. Shamanize users that "can't afford members to go away"? Youku shouted for injustice: the nickname caused trouble; 5. China's most influential employer was released in 2018, and Huawei ranked first.

　　E-commerce newsletter

　　1. Alibaba confirms that it will acquire Ele.me as a new retail infrastructure

　　Rumors about Alibaba's acquisition of Ele.me have been confirmed. On the evening of the 26th, a core person within Alibaba Group who was close to the transaction confirmed to the First Financial reporter that Alibaba will indeed buy all Ele.me. The current valuation of Ele.me is about US$9.5 billion, but the final acquisition price is to be determined. Next, how will Ele.me be integrated and what role will it play in the Alibaba system? This will be the focus of attention. (Source: First Financial Daily)

　　2. Korean makeup Chinese market recovered. Exports to China increased by 92.9% year-on-year in January

　　The latest statistics from the South Korean cosmetics industry show that in January 2018, Korean cosmetics exports to China were US$151 million (approximately RMB 957 million), an increase of 92.9% year-on-year. China accounts for more than 40% of Korean cosmetics exports. Korean makeup exports to China are recovering rapidly. (Source: Lianshang.com)

　　Internet news

　　3. The world-renowned scale, China Mobile announced that it will build a 5G test network in 2018

　　The 2018 Mobile World Congress was held in Barcelona, ​​Spain. China Mobile announced that it will build a world-renowned 5G test network and officially announced the 2018 5G scale experiment plan - it will conduct field tests in five cities: Hangzhou, Shanghai, Guangzhou, Suzhou and Wuhan, each city will build more than 100 5G base stations; it will also conduct 5G service and application demonstrations in 12 cities including Beijing, Chengdu, and Shenzhen. (Source: NetEase Technology)

　　4. People's Daily will launch a blockchain channel, aiming to empower the industry with blockchain technology

　　According to news on February 26, People's Daily will launch the blockchain channel on February 27. The purpose is: to produce high-quality content, purify the market environment, and empower the industry by blockchain technology. On February 26, the People's Daily published a full-page report on blockchain. (Source: Tencent Technology)

　　5. Chinese investors don’t sleep at three o’clock, but foreign venture capitalists reject ICOs

　　February 26th news, Eyal Malinger, investment director of venture capital fund Beringea, recently wrote an article on the Venturebeat website to talk about his views on ICOs and digital currencies. Eyal Malinger has been paying attention to blockchain and distributed ledger technology since 2013. In his opinion, although venture capital companies such as USV, Sequoia, DJF and Seedcamp have accepted ICOs for ICOs, the entire investment community's attitude towards ICOs is still fearful and dissatisfied; the current digital currency market is completely a bubble. (NetEase Technology)

　　6. Shamanizes users for "can't afford to buy members and get away"? Youku shouts for injustice: Nickname causes trouble

　　According to February 26, a user today said that after Taobao unbinding Youku membership, he received an email accusing the user of "can you get away if you can't afford to buy a poor B member". In response, Youku responded that the nickname of the account is "can you get away if you can't afford to buy a poor B member". During normal operation, the notification email sent automatically by the system generated a misleading picture.

　　In November last year, someone exposed the comments on VIP membership code in the Mac version of Xiami Music, a subsidiary of Alibaba, and "poor VIP (the kind given by the event)" appeared. The programmer then apologized, Xiami Music also replaced the problematic application package, completely removing improper terms, and fixing the bugs of file confusion and invalidity. (Source: NetEase Technology)

　　7. China's most influential employer was released in 2018, and Huawei ranked first

　　Fortune magazine just selected China's most influential employer in 2018 - a questionnaire was distributed to 31,000 analysts, corporate directors and executives, asking them to evaluate 334 companies. In the end, Huawei won the championship, with Alibaba and Haier ranked second and third. (Source: Fortune Chinese website)

　　8. SoftBank's $100 billion fund "Buyer": Will invest in 70-100 technology companies

　　According to foreign media reports, Japan's SoftBank launched the Vision Fund, a $100 billion vision fund, focusing on investment in technology startups last year. Rajeev Misra, CEO of Vision Fund on Monday local time, said in an interview at the Mobile World Congress that SoftBank will invest 70 to 100 technology companies through the $100 billion Vision Fund. (Source: NetEase Technology)

　　Cross-border newsletter

　　9. Analyst: Amazon's market value exceeds $1 trillion in as fast as 12 months

　　According to CNBC Beijing time on February 27, GBH Insights analyst Dan Ives said on Monday that the market value of e-commerce giant Amazon is expected to exceed the $1,000 billion mark in the next 12 to 18 months. (Source: Phoenix Technology)

　　10. Amazon opens training classes at a high price and joins the training industry

　　If you are selling products on Amazon's US site and are troubled by how to improve your e-commerce sales skills, then you must pay attention to Amazon's official training program - Amazon Marketplace Professional Services Program, which serves two types of audiences: one is novice sellers, and the other is mature sellers seeking improvement. The training fee varies according to the seller's monthly sales, as follows:

　　(1) Annual sales are less than US$1 million, and US$2,500 per month;

　　(2) Annual sales range between US$1 million and US$10 million, with US$3,500 per month;

　　(3) Annual sales are above US$10 million, and US$5,000 per month.

　　(Source: Hugo.com)

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