#Laogao E-commerce Newsletter# [March 30 E-commerce Morning News Brief] 1. Foreign media: Competing for China's trillion-yuan payment market Tencent will defeat Alibaba; 2. Tmall car drone landed in Guangzhou to buy a car is like buying Coke; 3. Instant logistics platform Dianwoda received a new round of investment in YTO Express; 4. WeChat mini program capabilities are upgraded again: mini program advertising is officially internally tested; 5. The Ministry of Commerce talks about Sino-US trade frictions: hope the US will stop, otherwise it will be with you to the end; 6. Trump fired on Amazon: basically no taxes are paid to treat the national post as an errand...

E-commerce newsletter
1. Foreign media: Competing for China's trillion-yuan payment market Tencent will defeat Alibaba
According to foreign media reports, although Tencent still lags behind Alipay in terms of market share of mobile payment services, analysts said that as e-wallets continue to replace bank cards and become the favorite payment method for smartphone users, Tencent has greater potential in the rapid growth of mobile payment business.
Alibaba and Tencent have already started fierce competition for China's trillion-dollar mobile payment market dominance. The battle has reached a critical point, and there are signs that Tencent has begun to lead.
While Tencent has lagged behind Alibaba in the mobile payment market, it has been steadily weakening its competitors' leading position for several years. Although Tencent still lags behind Alipay in terms of market share of mobile payment services, analysts say that as e-wallets continue to replace bank cards and become the favorite payment method for smartphone users, Tencent has greater potential in the rapid growth of mobile payment business. (Source: NetEase Technology)
2. Tmall car drone landed in Guangzhou to buy a car is like buying Coke
Recently, the Tmall Automobile Unmanned Vending Machine Building was officially opened to the public in Guangzhou. The project is a car project jointly conducted by Ford Motor and Alibaba. This steel structure building with a huge Tmall logo is located near the No. 5 Tarmac Shopping Mall in Baiyun District, Guangzhou, covering an area of nearly 1,000 square meters. The entire building is equipped with an intelligent lifting system and a complete identity authentication system. It can accommodate up to 42 cars at a time. Consumers can achieve "face scanning" self-service car purchases and 3-day in-depth test drives. Unlike traditional car purchases, Tmall car vending can provide consumers with a more convenient test ride experience by combining online and offline forms such as mobile payment, facial recognition and self-service. (Source: Lianshang.com)

Tmall car drone landed in Guangzhou
3. The real-time logistics platform Dianwoda received a new round of investment in YTO Express
The logistics platform "Dianwoda" has received investment from Shanghai Yuanjun International Trade Co., Ltd., and the specific investment amount and proportion are unknown. It is understood that Shanghai Yuanjun International Trade Co., Ltd. is a subsidiary of A-share listed company YTO Express, and YTO Express is its major shareholder. (Source: Yibang Power Network)
Internet news
4. WeChat mini program capabilities are upgraded again: Mini program advertising is officially internally tested
According to reports on March 29, the capabilities of WeChat mini-programs have been upgraded again. First, the advertising officially started internal testing. For mini program developers who have obtained internal testing qualifications, you can see the "Train Master" module entrance in the background navigation bar. After activation, you can flexibly configure the advertising card in the mini program page by creating an advertising unit and using the advertising component. At present, the mini program traffic master is not fully open yet. Through the advertisements in the official account document, the advertisements at the bottom of the official account, the advertisements in the circle of friends, and the advertising space of the mini program, you can directly access the mini program to complete the jump. In addition, the mini program's advertising space is aligned with the purchasing method of advertisements at the bottom of the official account, and is charged by click. (Yibang Power Network)
5. Ministry of Commerce talks about Sino-US trade frictions: hope the US will stop its cliff or stay with you to the end
On March 29, e-commerce spokesperson Gao Feng said today that taxing Chinese products is a blatant violation of WTO rules and completely leaving the multilateral trading system behind, which is a contempt and trampling on multilateral rules. He stressed that China will take all appropriate measures to resolutely defend the interests of the country and the people. I hope the US will stop its horse, otherwise it will be with you to the end. (Source: China News Service)
6. It is said that Meizu will conduct a 1,000-person layoff, and the official said it is just the last place to be eliminated.
PingWest reported that Meizu will usher in a new round of major layoffs with a scale of over 1,000 people, and the official will announce the layoffs as soon as next week. In response, Meizu official told Tencent's "First Line" that the news was untrue, and it was the same as last year, but the last place was eliminated and laid off employees. The specific number of layoffs is not clear at present, and the overall proportion will not exceed 10% like last year. It is reported that Meizu announced in January 2016 that it would adopt the last-place elimination mechanism to lay off employees in the future. At that time, Meizu President Bai Yongxiang announced the plan through an internal open letter. (Source: Tencent Technology)
7. iQIYI, which was listed at a loss, failed to convince investors, and its stock price plummeted 13% on the first day
On March 29, iQiyi officially rang the bell on the Nasdaq in the United States, with the stock code IQ. Baidu CEO Robin Li and his wife Ma Dongmin also appeared at the bell ringing scene. The IPO issuance price of iQiyi is set at US$18/ADS, with a financing amount of US$2.25 billion, far exceeding the $1.5 billion it had previously planned to raise. iQiyi's stock price opened high and closed low, with an opening price of US$18.20, up 1.11% from the issue price. As of the closing of the day, iQiyi fell 13.61% and a share price of US$15.55. (Source: 36kr)

On March 29, iQiyi officially launched a Nasdaq in the United States
8. Cook criticizes Facebook: It is very profitable to sell user information, but Apple doesn't do that
Apple CEO Tim Cook also joined the ranks of criticizing Facebook's ineffective privacy protection.
On March 28, Cook made comments on Facebook user data leaks, user privacy data protection of technology companies, and whether supervision should be strengthened. The interview program will be officially aired on April 6. In the interview, Cook implicitly criticized Facebook for not censoring each app using its social network. The user data obtained by Cambridge Analytica was leaked through third-party apps connected to Facebook.
Cook introduced the app review process of Apple App Store, saying, "We carefully check the details of each app and are always looking for improvements to raise the entry threshold." Regarding the user data breach, Cook said, "We never think that this kind of thing should exist. These data contains particularly in-depth personal information, and are collected from different sources and packaged together." (Source: The Paper)
Cross-border newsletter
9、速卖通总经理沈涤凡离任 继任者是戴珊?
3月29日消息,拥有阿里巴巴多年跨领域从业经验的原阿里巴巴全球速卖通总经理沈涤凡,将出任阿里健康CEO。据了解,该消息由阿里健康公布,原阿里健康首席执行官(CEO)王磊不再担任CEO职务,重新加入阿里健康的控股股东阿里巴巴集团工作,但仍会以非执行董事的身份继续服务阿里健康。(亿邦动力网)
10. Trump fired on Amazon: basically no tax payments to treat the state post as an errand
According to CNBC website, US President Trump tweeted on Thursday, blasting Amazon companies not paying taxes. Trump tweeted: "I expressed concerns about Amazon as far before the election. Unlike other companies, Amazon only paid very little taxes or did not pay taxes at all to state or local governments, and regarded our postal system as a errand (which caused huge losses to the US post office), causing thousands of retailers to go bankrupt." (Source: Phoenix Technology)
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