"#Laogao E-commerce Newsletter# [E-commerce Morning News on March 22]" 1. Alibaba's market value exceeds Facebook; 2. Wu Xiaoguang, former Tencent E-commerce CEO, joined Lexin Group; 3. Meituan Taxi Shanghai Station was interviewed on the first day of its launch; 4. A number of brands under AmorePacific have apologized for their heavy metals exceeding the standard; 5. Ma Huateng: It is dangerous for anyone to issue coins, Tencent will not issue them; 6. Zuckerberg made his first statement in response to data leakage: guarantee that similar incidents will not happen again...
E-commerce newsletter
1. Alibaba's market value exceeds Facebook
Tencent Securities News, Beijing time on the evening of March 21, according to CNBC data, Alibaba's market value exceeds Facebook. On Monday and Tuesday, the two consecutive days of stock price declines caused Facebook's market value to evaporate by nearly $50 billion. As of 22:05 Beijing time, Alibaba's stock price fell 0.29% to US$198.37 with a market value of US$508.1 billion. Facebook's stock price fell 1.69% to $165.31 with a market value of $480.2 billion. (Source: Tencent Securities)
2. Wu Xiaoguang, former CEO of Tencent E-commerce, joined Lexin Group
According to 36Kr exclusively, Wu Xiaoguang, one of Tencent’s founding elders, will join Lexin Group in the near future. At present, it is not known what position Wu Xiaoguang will hold in Lexin, but according to 36Kr inferred that Wu Xiaoguang, who once served as senior executive vice president of Tencent Group and founded and operated a fund, is more likely to focus on the company's strategic level rather than a specific business line. The specific news may be officially announced in the near future. (Source: 36kr)
3. Meituan Taxi was interviewed on the first day of launching the Shanghai Station
Meituan Taxi has just landed in Shanghai and was summoned to have an interview in the afternoon. Meituan confirmed to 36Kr that the relevant person in charge of Shanghai Lutuan Technology Co., Ltd., where its taxi business belongs, has been jointly interviewed by the Municipal Transportation Commission, Municipal Public Security Bureau, and Municipal Price Inspection Bureau. According to Xinmin.com, the main reason for Meituan Taxi's interview was that it was improper advertising slogans and that the platform-related data was not connected to the city's online ride-hailing industry supervision platform as required. (Source: 36kr)
4. Alibaba and JD.com will release CDRs as soon as June
Alibaba, JD.com, and CDR. The China Securities Regulatory Commission is speeding up the formulation of CDR rules, which is expected to be issued within one or two months. It has identified a sponsor for domestic issuance of CDRs, of which Alibaba's sponsor is CITIC Securities. However, due to its large issuance scale, it is not ruled out that it will choose another joint sponsor. CICC said it is actively striving for it! (Source: Caixin.com)
5. Apologizes for several brands under AmorePacific that have been exposed to have exceeded the heavy metal standard
The South Korean Food and Drug Safety Department said on Monday afternoon that a total of 13 products from 8 cosmetics companies including South Korea, including Amorepacific, found that the heavy metal "antimony" exceeded the standard during the inspection. The types of cosmetics involved include concealers, concealers, eyebrow pencils, etc. from Amorepacific, brands under South Korea, Amorepacific, and cherry lip liners, etc., and ordered the relevant companies to stop selling and recall unqualified products. After the incident, AmorePacific has issued an apology statement and promised to take measures to prevent similar incidents from happening again, and will return and refund consumers who purchase related products. At present, cosmetics companies such as AmorePacific have completely stopped selling related products that exceed the standard for heavy metal antimony. (Source: Lianshang.com)
6. Uniqlo Jump series UT stores will be sold simultaneously next month.
After the official website of Uniqlo Japan announced the exact time when the Jump series UT was launched in Japan, on March 20, Uniqlo China's official Weibo released a promotional video and previewed that the series will be launched in China on April 23. (Source: Lianshang.com)
Uniqlo Jump series UT will be launched in China next month
Internet news
7. Tencent's net profit was RMB 72.471 billion, a year-on-year increase of 75%, far exceeding expectations
After the closing of Hong Kong stocks on March 21, Tencent Holdings released the group's 2017 annual report and the fourth quarter of 2017 financial report. Tencent Holdings released the group's 2017 annual report, with a net profit of 72.471 billion yuan, a year-on-year increase of 75%. In terms of total revenue, Tencent achieved 237.76 billion yuan in 2017, a year-on-year increase of 56%. Tencent's diluted profit per share in 2017 was RMB 7.499, and WeChat's monthly active users exceeded 1 billion! (Source: Wall Street News)
8. Zuckerberg made his first statement in response to data leakage: Ensure no more similar incidents
Sina Technology News: Facebook founder and CEO Mark Zuckerberg finally responded on the fifth day after the data breach, saying that the company failed to protect user data and promised to impose stricter data access restrictions on developers. Mark said Facebook is actively taking steps to ensure that similar data abuse will not occur again. It also said that it will investigate all applications that can obtain large amounts of Facebook user data and strictly restrict developers from obtaining Facebook user data. (Source: Sina Technology)
9. Ma Huateng: It is dangerous for anyone to issue coins, Tencent will not issue coins
Ma Huateng said at Tencent’s performance briefing that blockchain is a hot topic and everyone is talking about it. Many game companies are issuing digital currencies. It is very dangerous for anyone to issue a currency, and Tencent will not issue it. He believes that there are innovative areas for blockchain technology and can be used in the tracing of bills, etc. It will take some time to see clearly how it develops. (Source: 36kr)
Cross-border e-commerce
10. DANA, an e-wallet jointly launched by Ant Financial and Indonesian Emtek Group, is officially launched
According to Cydie.com, on March 21, the e-wallet DANA jointly launched by Ant Financial and Indonesian Emtek Group was officially launched. DANA, also known as "Alipay for Indonesians", will provide digital payment and financial service experiences to more than 50 million Indonesian BBM (the second largest chat tool) users. (Source: CIDI.com)
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