#Laogao E-commerce Newsletter# [E-commerce Morning News on March 7] 1. WeChat e-commerce platform "WeChat" officially launched more than 69,000 merchants; 2. Baozun E-commerce's net profit of US$22.5 million in Q4 increased by 139% year-on-year; 3. Forbes released the 2018 global billionaires list, with the most new rich people on the list in mainland China; 4. Following Meituan Taxi, Didi Takeout also plans to enter the nine major cities in the country; 5. Xiaomi will be listed as soon as possible in the second half of the year, or may adopt the red chip + CDR method; 6. Gaoxin Retail continued to open stores in 2017 and same-store sales growth slowed down...
E-commerce newsletter
1. WeChat e-commerce platform "WeChat" officially launched more than 69,000 merchants
On March 5, the WeChat e-commerce platform "WeChat" was officially launched. Currently, more than 69,000 merchants such as Handu Yishe and Inman have settled in. "WeChat" uses the "Haidian WeiChat" mini program as the carrier, and the operating entity is Hangzhou Jingmei Junhe Network Co., Ltd., which is an e-commerce service platform under the joint venture established by JD.com and Meili United Group. It focuses on the new WeChat social e-commerce ecosystem. At present, the platform is recruiting merchants from all walks of life, online and offline. It is worth noting that WeChat's monthly active users have exceeded 1 billion. Relying on its advantages in social e-commerce operations such as JD Logistics, Mogujie and Meilishuo, Weixuan, which has huge traffic, has also been interpreted as WeChat version of Taobao. Whether Weixuan will be the next Taobao has attracted attention. (Source: Lianshang.com)
2. Baozun E-commerce's net profit of US$22.5 million increased by 139% year-on-year
According to foreign media reports, Baozun E-commerce (NASDAQ: BZUN) released its unaudited financial reports for the fourth quarter and full year ended December 31, 2017 on Tuesday. According to the financial report, Baozun E-commerce's total net revenue in the fourth quarter was RMB 1.5654 billion (approximately US$240.6 million), a year-on-year increase of 23.0%; the net profit attributable to ordinary shareholders of Baozun E-commerce was RMB 146.6 million (approximately US$22.5 million), an increase of 139.0% over the same period last year. (Source: Yibang Power)
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3. Forbes released the 2018 global billionaires list, with the most new rich people on the list in mainland China
Recently, Forbes released the 2018 Global Billionaires List, with a total of 2,208 billionaires with a net worth of $1 billion on the list, with an average wealth of $4.1 billion, setting a new record. Among them, Amazon's Jeff Bezos took the lead for the first time with his net worth of $112 billion; Bill Gates ranked second with a fortune of $90 billion, Ma Huateng ranked 17th, and Jack Ma ranked 20th.
The total net wealth of the top 20 richest people reached US$1.2 trillion, a record high. Of the 2,208 billionaires on the list, 1,490 are rich people who started from scratch. The most new rich people on the list from mainland China, reaching 89, followed by the United States, with 45 new rich people on the list.
It is also worth noting that the first batch of billionaires in the cryptocurrency industry have been born in history: Chris Larsen, co-founder of Ripple, and Changpeng Zhao (CZ), founder of Binance. (Source: Forbes)
4. Following Meituan’s taxi, Didi Takeout also plans to enter the nine major cities in the country
Recently, media reports said that it was exclusively learned that Didi will enter nine major cities in the country, including Wuxi, Nanjing, Changsha, Fuzhou, Jinan, Ningbo, Wenzhou, Chengdu and Xiamen. This is the first batch of online cities for Didi Takeout. Merchant recruitment has been launched simultaneously, and the specific online time has not yet been determined. It is understood that Didi Takeout will gain the first batch of merchants and users by reducing commissions and rewards. (Source: Finance)
5. Xiaomi will be listed as early as the second half of the year, or may adopt the red chip + CDR method
According to "Chinese Entrepreneur", "The top CSRC had interviewed Lei Jun. Xiaomi is now relatively mature and hopes to come back (listed in A-shares)." A securities manager believes that there are three options for Xiaomi's listing path: one is A-share listing; the second is "A+H"; the third is to adopt the red chip + CDR method, first listed in Hong Kong and then issue CDRs quickly in domestic A-shares. If this method is adopted, Xiaomi can be listed as early as the second half of the year. (Source: Chinese Entrepreneur)
6. The return of unicorns to A-shares is still being decided, and Ant Financial is not on the list of plans to support new economy companies
Industry insiders revealed that the specific plan for unicorns to return to A-shares through CDR remains to be decided by regulatory authorities, and they are still in the communication stage. In the list of new economy enterprises, in addition to the first category that has been listed overseas, including BATJ, there are also unicorn companies that have not been listed at home and abroad but have built VIE architecture, including Xiaomi and Didi. Ant Financial is not listed, and this time the policy does not support financial companies. (Source: Pengpai)
7. Cancel traffic roaming fees before July 1 this year
Chen Zhaoxiong, Vice Minister of the Ministry of Industry and Information Technology, said in an interview with reporters on the 6th that the Ministry of Industry and Information Technology will promote basic telecommunications companies to accelerate the work of package sorting and adjustment, system development and transformation, testing and business verification, etc., to ensure that users can enjoy this dividend before July 1 this year. (Source: Xinhua News Agency)
8. Users say iCloud was hacked by Apple staff and threatened
A user with ID name @天女1999 posted a message saying that he had an argument with the other party during contact with Apple's customer service staff. Unexpectedly, this person took advantage of his position to invade his iCloud account and illegally obtain privacy information to threaten it.
At present, it is not possible to 100% confirm that this person is an Apple staff member, and Apple China has not responded to the matter yet. (Source: American Past 1999)
9. Gao Xin Retail continued to open stores in 2017 and same-store sales growth slowed down
According to reports on March 6, the 2017 financial report released a few days ago showed that as of December 31, 2017, the turnover from the sales of goods was RMB 98.775 billion, an increase of RMB 1.679 billion over the same period in 2016, an increase of 1.7%.
Gao Xin said that the increase in sales revenue from goods sales is mainly due to the opening of new stores to expand performance. The group continues to expand its business across China and opens 18 stores, driving the rise in product sales. (Source: Yibang Power Network)
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10. Amazon Prime director announced his resignation and resignation to Airbnb
According to the technology blog TechCrunch on March 7, Greg Greeley, head of Amazon Prime and express delivery experience department, announced his resignation recently. It is reported that after Grirey leaves his job, he will go to the US short-term rental website Airbnb to serve as the head of the company's family business department. (Source: Phoenix Technology)
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