#Laogao E-commerce Newsletter# [E-commerce Evening News on March 23] 1. Tencent’s exclusive competition reappears? Walmart abandons Alipay and only supports WeChat payment; 2. MUJI joins the fresh food battle to open a world-renowned fresh food store; 3. Sinopharm's e-commerce business sales in 2017 were 247 million yuan, and Tmall accounts for 91.5%; 4. It is said that Meituan's Hong Kong IPO is as fast as this year, seeking a valuation of US$60 billion; 5. Twitter CEO: Bitcoin will dominate the world in the next 10 years; 6. Ctrip Chairman Liang Jianzhang: Calling for the reduction of trade barriers in the service industry...
E-commerce newsletter
1. Tencent’s exclusive competition reappears? Walmart abandons Alipay and only supports WeChat payment!
In the new retail field, Tencent used Walmart in its territory to use the exclusive agreement again to suspend cooperation with Alipay. It was first revealed that it could not use Alipay, but could only use WeChat to pay for Walmart in Chongqing. Later, other places also encountered the same situation! (Source: Lianshang.com)
2. MUJI joins the battle for fresh food to open a world-renowned fresh food store
On March 20, MUJI opened a supermarket with an area of more than 4,300 square meters at Aeon Mall Sakai Kita Hanada Store, which has a high traffic flow in Osaka, Japan. The store has 24 cash registers, known as the world-renowned MUJI vegetable market.
Half of the area is used to sell fresh food, and a total of more than 4,000 products including fresh fish, meat, fruits, vegetables, etc. are sold. (Source Lianshang.com)
3. Sinopharm's e-commerce business sales in 2017 were 247 million yuan, and Tmall accounted for 91.5%
According to the report data, the company's e-commerce business achieved sales of 247 million yuan in 2017. In 2017, the main sources of online sales of Sinopharm Group's third-party platform were: Tmall (Sino Pharmaceutical Online), Pharmacy Mall, Yiyao.com, JD.com Home Delivery, Babaifang, Meituan Takeout, Medicine Home Delivery and Ele.me.
It can be seen from the report that among the third-party platforms jointly cooperated by Sinopharm Group, Tmall completed transaction volume of 226 million yuan, ranking first, with revenue of 24.91 million yuan; secondly, the transaction volume of pharmacy online mall was 9.11 million yuan, with revenue of 970,000 yuan; Yiyao.com completed transaction volume of 3.89 million yuan, with revenue of 440,000 yuan; (Source Yibang Power)
4. Cooperate with WeChat Walmart West China District suspends Alipay payment
In response, Walmart China responded, saying that starting from March 15, 2018, Walmart West China District and WeChat will reach an in-depth cooperative relationship, launch exclusive offers, and carry out more precise marketing cooperation based on big data analysis. At the same time, starting from now on, Walmart's stores in West China (including Yunnan, Guizhou, Sichuan, and Chongqing) will temporarily stop accepting Alipay payments. This is a commercial decision, and Walmart reviews its business from time to time.
Walmart's West China District suspends Alipay payment announcement
Internet Information
5. It is said that Meituan is the fastest Hong Kong IPO this year, seeking a valuation of US$60 billion
According to foreign media reports, people familiar with the matter revealed that Meituan Dianping has begun to discuss an early IPO in Hong Kong (initial public offering).
The company is currently considering seeking a valuation of at least $60 billion and will also consider listing in China if policy conditions allow, people familiar with the matter said. However, the relevant discussion is still in its initial stages and details may change. Meituan declined to comment. (Source: NetEase Technology)
6. The Ministry of Science and Technology released the 2017 unicorn list, and Manbang ranked 47th with a valuation of US$2 billion.
On the morning of the 23rd, the Ministry of Science and Technology held a press conference in Beijing to officially release the "2017 China Unicorn Enterprise Development Report". Among the 164 unicorn companies on the list, Manbang ranked 47th on the list with a valuation of US$2 billion. Among the 13 logistics companies on the list, Cainiao, Yishang and Manbang lead the top three, and Manbang ranks first in the main line logistics. Manbang, which is on the list, was merged by Yunmanman and Luggagebang. The first two companies in the merger are both leading companies in the Internet logistics industry, with multiple rounds of financing and valuations of more than US$1 billion. (Source: Chuangyebang)
7. Twitter CEO: Bitcoin will dominate the world in the next 10 years
In an interview with the Times, Twitter CEO Jack Dorsey said: "The world will eventually have a single currency, and the Internet will have a single currency. I personally think that will be Bitcoin." (Source: Sina Technology)
8. Didi shared bicycle brand Qingju encountered obstacles when landing in Wuhan, hundreds of bicycles were confiscated
After being stopped in just one day due to illegal delivery in Shenzhen, Didi's own bicycle brand Qingju Bicycle landed in Wuhan in the early morning of yesterday. However, on the afternoon of the same day, the management committee of Wuhan Municipal Transportation Commission, Municipal Urban Management Committee, and Wuhan East Lake New Technology Development Zone (hereinafter referred to as "Donghu Hi-tech Zone") jointly confiscated hundreds of bicycles it illegally placed. (Source: Interface)
9. Ctrip Chairman Liang Jianzhang: Calling for the reduction of trade barriers in the service industry
Liang Jianzhang, co-founder and chairman of the board of directors of Ctrip, recently spoke at an event seminar to call on countries to work hard to reduce trade barriers in the service industry.
He believes that the impact of traditional manufacturing trade is gradually decreasing, and service trade is becoming more important. Service industry trade covers financial trade, intellectual property trade and tourism trade. Taking the tourism industry as an example, in 2017, China's outbound tourism exceeded 130 million, spending $115.29 billion, maintaining its position as the world's largest source of outbound tourism tourists. (Source: NetEase Technology)
Cross-border e-commerce
10. Australia plans to impose a $5 postage tax on overseas parcels
According to Fairfax, Australia's Department of Home Affairs is considering imposing a new $5 tax on small overseas parcels to alleviate the pressure on security checks due to the surge in online parcels. (Source: Hugo.com)
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