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#Laogao E-commerce Newsletter# [March 9 E-commerce Morning News]

2018-03-09

   #Laogao E-commerce Newsletter# [March 9 E-commerce Morning News] 1. JD Fresh "Galaxy Plan" is launched: label fresh food products; 2. Vipshop JD flagship store launches WeChat portal in internal testing; 3. Taobao University customizes women's poverty alleviation courses to promote entrepreneurship and poverty alleviation; 3. Tencent and Alibaba launch a mobile payment war in Hong Kong, and WeChat burns 10 million Hong Kong dollars a month; 4. Wu Xiaobo: China's home appliance manufacturing industry is actually a platform player; 5. Tongcheng Elong plans to make an IPO in Hong Kong, which may raise US$1 billion to US$1.5 billion; 6. Apple's statement on the privacy theft of technical consultants: launch a detailed investigation...


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   E-commerce newsletter

   1. JD Fresh “Galaxy Plan” is launched: Label fresh products

   JD.com recently put corresponding quality labels on some fresh products that meet the standards and named them "Galaxy Plan".

   At present, there are more than ten types of quality labels selected for JD Fresh's "Galaxy Program", including ASC (Aquaculture Management Commission) Fishery Certification, BAP (Best Aquaculture Specification) Certification, Green Food, Chinese Organic, EU Organic, pollution-free food, etc. (Source: Kuai Technology)

   2. The WeChat entrance of Vipshop JD flagship store is under internal testing

   There has been new progress in the cooperation between Tencent, Vipshop. The Vipshop flagship store officially entered JD.com on March 4. According to people familiar with the matter, Tencent has opened the Vipshop entrance on WeChat wallet. It is currently in the internal testing stage, and only 5% of people see it. It is understood that Vipshop flagship store has currently launched more than 180,000 products, including women's clothing, luggage, shoes and boots, mother and baby, men's and women's underwear, men's clothing, outdoor sports, watch accessories and other categories. In addition, the Vipshop flagship store currently has 627 authorized brands including Vipshop, Lilang, Chao Acer, Pandora, etc. (Source: Lianshang.com)

  3. Taobao University customized women's poverty alleviation courses to promote entrepreneurship and poverty alleviation

   "Taobao University has participated in a lot of charity training in the past 12 years, gathering a group of enthusiastic charity lecturers, and many Moddou mothers have participated in the course. Taobao University will officially launch our plan to empower women in adversity and establish Moddou mother e-commerce school." On March 8, at the Alibaba Women's Poverty Alleviation Strategy Press Conference, Liu Guofeng, Vice Dean of Taobao University Training College, explained his plan to empower women in adversity to start a business.

   Women have always been an important partner of Alibaba's economy. In 2015 and 2017, Alibaba held two "Global Women Entrepreneurs Conferences". Alibaba founder Jack Ma also said at the conference that women are the first factor in Alibaba's success, both in the past and in the future. In today's social environment, women face more and more social pressures and challenges. Women's poverty alleviation has become the focus of Alibaba's attention in recent years. "Only women can get rid of poverty can fundamentally ensure the poverty alleviation of rural families," Peng Lei, chairman of Ant Financial Group and vice chairman of Alibaba's Poverty Alleviation Fund, analyzed in detail the important role of female people in social development on the spot, as the leader of Alibaba's female poverty alleviation team, and the practice that Alibaba has devoted to empowering female entrepreneurs for many years. (Source: Tianxia Online Business)

   4. Tencent and Alibaba launch a mobile payment war in Hong Kong, and WeChat burned tens of millions of Hong Kong dollars in a single month

   According to the Asia Times report on March 8, Beijing time, Tencent and Alibaba launched a mobile payment war in Hong Kong this year, both sides burned large amounts of funds and tried to tempt Hong Kong people to throw away their credit cards. First is Tencent’s subsidiary WeChat Pay HK, whose registered users surged 44% in February.

   In February, WeChat Pay HK provided a subsidy of HK$10 for orders of more than HK$25 per meal by McDonald's, and also issued red envelopes worth approximately HK$10 million during the Chinese New Year; the current promotion fee is estimated to reach HK$35 million. (Source: Phoenix Technology)

   5. Wu Xiaobo: China's home appliance manufacturing industry is actually a platform player

   At the 2018 China Home Electric Power Development Summit Forum held on March 8, well-known financial writer Wu Xiaobo delivered a keynote speech, predicting the future evolution direction of China's home appliance manufacturing industry. Wu Xiaobo also proposed five possibilities to "redefine China's home appliance industry."

   Wu Xiaobo believes that on the road to upgrading and transformation, China's home appliance manufacturing industry will have different degrees of evolution in the five fields of intelligent manufacturing under the Internet of Things and big data, from hardware manufacturing to iteration of solution models, matching the needs of the transformation of the folding society and the rise of the middle class, creating a new craftsman brand, and globalization. "From the perspective of big data, this world will be a world of great harmony in the future, and all business in the future will be data business. In this sense, perhaps Google, Alibaba, Tencent and Chinese manufacturing companies are all players on the same platform." (Source: NetEase Technology)

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   Wu Xiaobo: China's home appliance manufacturing industry is actually a platform player

   Internet news

   6. Follow-up progress of Apple technician stealing incident: non-Apple employees resigned last month

   On March 8, Apple issued a statement on the invasion of the iCloud account reported by a netizen "Past of the United States 1999" through Weibo a few days ago, saying that it will defend user privacy and investigate with this user. According to the latest report from The Paper, a person familiar with the matter revealed that the technician involved was not an Apple employee, but an employee of an Apple outsourcing company. (Source: MacX)

  7. Douyu officially announced the completion of Tencent’s exclusive US$630 million financing

   On March 8, Douyu founder and CEO Chen Shaojie confirmed on his Moments today that Douyu has completed a new round of financing of US$630 million, and Tencent has completed it exclusively. In the future, Douyu will cooperate with Tencent to deepen its efforts in the field of game live broadcast.

   In January this year, foreign media said that Douyu plans to go public in Hong Kong in 2018, with the fundraising amount of US$300 million to US$400 million. Subsequently, Douyu COO revealed in an interview with the media that the IPO is still under preparation. It is reported that this round of financing may be the last round of financing before Douyu went public. (Source: TechWeb)

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Douyu officially announces the completion of Tencent's exclusive $630 million financing

   8. Tongcheng Elong plans to launch an IPO in Hong Kong, which may raise US$1 billion to US$1.5 billion

   According to the Wall Street Journal, Tongcheng Elong plans to launch an IPO in Hong Kong, which may raise US$1 billion to US$1.5 billion. (Source: Wall Street Journal)

  9. Apple's statement on privacy theft incident of technical consultants: launching a detailed investigation

   On March 8, a Weibo user recently revealed that Apple's technical consultant threatened users that they could steal private iCloud information from users. After the incident was exposed, it attracted strong public attention. Because it involves user privacy, Apple executives also attached great importance to this matter after learning about it, and issued a formal official statement on the incident today, saying that Apple cares most about the protection of user privacy and will do its best to investigate the matter. (Source: NetEase Technology)

   Cross-border e-commerce

   10. Amazon may come from behind and surpass Apple to become a trillion-dollar company

   Amazon may surpass Apple, the world's highest-capital company, with a market value of $1 trillion first. Wall Street's optimism about the 10th anniversary iPhone released last year has pushed Apple's stock price to rise 24% over the past 12 months, bringing its market value to $893 billion. This means Apple's market capitalization is $141 billion higher than Amazon's (the third-highest market capitalization) $752 billion, but Amazon is rapidly closing the gap. (Source: Phoenix Technology)



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