#Laogao E-commerce Newsletter# [E-commerce Morning News on April 26]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on April 26] 1. Jack Ma responded to the acquisition of Zhongtianwei: It is necessary to develop Inclusive chips; 2. Walmart will adjust its own brand strategy and integrate it into three major brands; 3. South Korea's Lotte Group is considering selling 22 stores in Beijing to Wumei for a price of 1.497 billion yuan; 4. General Manager of JD Kepler: Last Double 11, Kepler channels attracted GMV to JD Mall; 5. Jack Ma talked to Japanese students: Don't learn from Bill Gates to drop out early, few people succeeded...

　　E-commerce newsletter

　　1. Jack Ma responded to the acquisition of Zhongtianwei: To develop Inclusive chips

　　On April 25, at Waseda University in Japan, Jack Ma responded for the first time that Alibaba acquired Zhongtianwei. He said that chip development is not for competition, but for universal and can be obtained by anyone. (Source: The Paper)

Jack Ma responded to the acquisition of Zhongtianwei: To develop Inclusive chips

　　2. Walmart will adjust its own brand strategy and integrate it into three major brands

　　Walmart is adjusting its own brand strategy and will streamline and integrate the multiple private brands it has previously owned into three major brands: Huiyi, Marketside and George. According to information, as of November last year, Walmart had 13 series of private brands. The streamlining of the brand does not mean that Walmart despises its own brands. Walmart said it hopes that its own brands will account for about 20% in the future. (Source: Beijing Business Daily)

　　3. South Korea's Lotte Group considers selling 22 stores in Beijing to Wumei for a price of 1.497 billion yuan

　　South Korea's Lotte Group is considering selling 22 stores in Beijing to Wumei for 256 billion won (approximately RMB 1.497 billion). (Source: Korea Ilbo)

　　4. General Manager of JD Kepler: Last year's Double 11, Kepler channel attracted 7% of JD Mall

　　Lu Yinhong, general manager of JD Kepler, said: There are two aspects to quantification of sales: First, the sales data of last year's Double 11 mentioned, the actual growth of orders and GMV, that is, the GMV attracted through Kepler channels reaches 7% of JD Mall; Second, sales can be interpreted as commercial revenue, and I will say just now that Kepler hopes to provide merchants with this complete set of retail infrastructure services for free in 2018. (Source: 36Kr)

　　5. JD.com NetEase’s stock prices hit 52-week lows, and Chinese technology stocks performed poorly this year

　　China's technology stocks have collectively underperformed so far this year, with JD.com and NetEase's share prices hitting a new low of about 52 weeks on Tuesday. (Source: Bloomberg)

　　Internet news

　　6. Jack Ma talks with Japanese students: Don’t learn from Bill Gates and quit school early, few people succeed

　　This afternoon, in the Okuma Lecture Hall of Waseda University in Japan, Japanese students continued to raise various "Japanese idler" questions, triggering Alibaba Chairman Jack Ma to have a brain-opening conversation together. In the exchange, Jack Ma said: Don’t learn from Bill Gates or Zuckerberg to drop out of school, few people can succeed. If you join a startup team, it has nothing to do with money, it has something to do with life experience, change, and improving others' lives. (Source: 36Kr)

　　7. Tianhong Co., Ltd.: Sign a memorandum of cooperation with Tencent to carry out cooperation on retail digitalization

　　Tianhong Co., Ltd. announced that it signed a memorandum of understanding on strategic cooperation with Tencent. The two parties jointly established a "Smart Retail Laboratory" to develop system product modules that support the digital and intelligent development of retail business, and pragmatically explore the cutting-edge technology applications of retail business. New application development and case creation around retail scenarios of WeChat payment and financial services. Tianhong’s mature digital technology application products and tools will be modulated on the WeChat platform, and will be empowered and output based on the WeChat ecosystem in a timely manner. (Source: 36kr)

　　8. Didi’s IPO plan and valuation anxiety: IPO may be launched in the next 18-24 months

　　In March this year, Didi communicated with investors about the IPO's caliber: "There is no rush to go public at present, and it may be launched in the next 18-24 months." The reasons are: Meituan is a factor and sufficient funding. Didi’s goal is to be a "global company with leading technology" and hopes to achieve more internationalization before going public. (Source: 36kr)

　　9. Guo Xiaomei lay off employees and dissolved? CMO denies rumors and discloses the latest data "average daily transaction volume exceeds one million"

　　Recently, there were rumors that Guo Xiaomei would "laid off employees" and "disband". Guo Xiaomei CMO Hu Guanzhong responded: "I am in my office in Beijing. Guo Xiaomei will always be there and will continue to explore the operating model of office retail." "Dissolve is impossible." According to the other party, its average daily trading volume has exceeded one million so far. (Source: Retail Boss Internal Reference)

　　Cross-border newsletter

　　10. Join forces with Hangzhou Amazon to connect with sellers and suppliers offline

　　Amazon will connect sellers and manufacturers through offline methods.

　　From June 28 to 29 this year, the "Come for U - Amazon Global Seller Direct Purchase Conference" co-organized by the Hangzhou Municipal People's Government, the Zhejiang Provincial Department of Commerce, and Amazon Global Store Opening will be held at the Hangzhou Baimahu International Convention and Exhibition Center. Amazon will invite 5,000 Amazon sellers from many countries and regions in the United States, Europe, Southeast Asia and China. At the same time, 400 domestic manufacturers from all over the country come to the exhibition with high-quality products, covering eight categories of automotive accessories, consumer electronics, kitchen utensils, household goods, consumer goods, clothing/bags/shoes, tools, and office supplies. (Source: Yibang Power)

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