#Laogao E-commerce Newsletter# [E-commerce Morning News on April 11] 1. Adidas will close some physical stores and vigorously develop e-commerce business; 2. Ant Financial has rumored that it has raised US$9 billion before its IPO, and its valuation may reach US$150 billion; 3. Didi Meituan Wuxi takeaway subsidy war, riders' daily income is over 1,000; 4. Zhang Yiming: Neihan jokes were shut down because the product took the wrong path, and the responsibility lies with me; 5. Gionee continues to save itself: the headquarters will lay off 50% of its employees...

E-commerce newsletter
1. Adidas will close some physical stores and vigorously develop e-commerce business
In an interview with the Financial Times, Adidas CEO Kasper Rorsted said that the online mall is Adidas' most important store in the world, adding that he hopes to have fewer and better offline stores in the future. To achieve this, Adidas plans to hire 200 new employees in the digital business sector. Since joining Adidas in 2016, Rorsted has increased its annual spending by nearly 40%. Now, he decided to continue to increase his cost expenditure by 900 million euros this year. (Source: Hugo.com)

Adidas will close some physical stores and vigorously develop e-commerce business
2. Ant Financial reported that it was the first to raise $9 billion before the IPO, and its valuation may reach $150 billion
On April 10, the Wall Street Journal said that Alibaba's Ant Financial plans to raise US$9 billion, with a valuation of US$150 billion, thus becoming a world-renowned unicorn company. 36Kr asked Ant Financial to verify this matter, and the other party replied: We do not comment on market rumors. (Source: 36kr)

Ant Financial News: Prior to the IPO, the valuation may reach $150 billion
3. Didi Meituan Wuxi takeout subsidy war, riders' daily income exceeds 1,000
A free rider said that his income reached 1,192 yuan on April 9; another rider completed 5 orders throughout the day, with an income of 168 yuan, with an average income of 33 yuan per order. Riders’ high income comes from Didi’s high subsidies, and half of riders’ income comes from subsidies. At the same time, Meituan Takeout also followed up on the subsidy policy in Wuxi, with the average price per order of riders reaching about 18 yuan. (Source: Interface)
Internet news
4. Zhang Yiming: The secret jokes were shut down because the product took the wrong path, and the responsibility lies with me
Zhang Yiming, founder and CEO of Toutiao, issued an apology letter for the closure of "Inner Confucian Joke". He said: "Toutiao will permanently close the 'intrinsic joke' client software and public accounts. The product has gone the wrong way, and there are content that is inconsistent with the core socialist values. It has not implemented the public opinion orientation well and accepted punishment. All responsibilities are on me." He also said that in the future, the correct values will be integrated into technology and products, and the community order will be rectified and the community atmosphere will be optimized. (Source: WeChat Public Platform)
5. Luo Yonghao revealed in advance that the Hammer flagship is not T3, but is called R1
Hammer Technology CEO Luo Yonghao has announced many times that Hammer will release its revolutionary flagship at the Bird's Nest on May 15. Since the most classic T series under Hammer Mobile has not yet received an update, the media generally speculates that this mysterious product will be the Hammer T3. However, last night, Luo Yonghao revealed the model name of this flagship phone in advance: it is not T3, but R1. (Source: Sina Technology)
6. Miwei Media responds to the removal of the second season of "Strange Conference": Need to wait for news
According to Sina Technology, some netizens discovered today that the second season of "The Strange Conference" has been removed from iQiyi. The program production Fangmiwei Media responded to this and said that it needs to wait for news again due to force majeure. (Source: Sina Technology)
7. Gionee continues to save himself: Headquarters will lay off 50% of its employees
Following the adjustment of the layoffs in Gionee Industrial Park, Gionee Headquarters also began layoffs, with a 50% layoff ratio. The layoff list was counted as early as before the Qingming Festival. On April 10, Shenzhen headquarters, Beijing Research Institute and others began to interview employees and issued compensation plans. It is understood that some of the previously rumored core employees will sign a contract with the new company Zhipu Technology, which has also been stranded again. (Source: NetEase Technology)
8. Except for Apple, other mainstream mobile phones have already supported Beidou navigation and positioning.
The acquisition of Beidou signal mainly depends on the positioning chip integrated in the mobile phone processor. Currently, most SOCs can support GPS, Beidou and GlONASS at the same time: Qualcomm Snapdragon 800, 600, 400 series, MediaTek is similar, and the current common P10, P15, P20, X20, and the previous X10 all support receiving Beidou signals. Except for the willful Apple, most mobile phones that use these SOCs support Beidou positioning. (Source: Global Times)
9. Zuckerberg responded calmly, Facebook's stock price rose 4.5%
"Zuckerberg was calm when he attended, and Facebook's stock price rose as he answered questions to lawmakers. Maybe people like to see Zuckerberg in suits."
At the close of the day, Facebook's share price rose 4.5% to close at $165.04 per share. The highest in the last three weeks, and it is also a well-known single-day increase since April 28, 2016. (Source: Sina Technology)
Cross-border newsletter
10. Amazon made heavy blows, strangled and merged Review, and some seller's account was blocked
Recently, Amazon seller K broke the news to Hugo.com: "Since early March, Amazon has begun to delete and merge reviews in a crazy way. Sellers who abuse variants and even listings have fallen one after another in this storm. So far, some sellers have received Amazon warning emails." It was learned that some Amazon sellers are not aware of this. Although Amazon has implemented various controls and deletions on comments, according to messages in the seller group, it is still common for some new products in the store to leave hundreds of reviews in a short period of time. (Source: Hugo.com)
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