for approximately 2.8% of the total number of shares issued by the company. The transaction is expected to be completed in early April 2020. According to the recent financial report released by Pinduoduo, Pinduoduo achieved revenue of 30.14 billion yuan in 2019, a year-on-year increase of 130%; under non-general accounting standards, the net loss attributable to common shareholders was 4.27 billion yuan. (Beijing News)

  3. Industrial and Commercial Bank of China and Ant Financial start QR code recognition and mutual scanning cooperation

  On March 31, Industrial and Commercial Bank of China and Ant Financial announced that the two sides have started cooperation in mutual recognition and scanning of QR codes. They have taken the lead in pilot projects in many cities such as Hangzhou, Chongqing, and Guangzhou. They will be gradually promoted to more cities. ICBC has also become the first state-owned bank to reach mutual recognition and scanning of QR codes with Alipay. According to reports, pilot customers can complete payment by scanning the Alipay payment code using the ICBC eLife App. In the future, the scope of cooperation will be further expanded to merchant code payment, and the scope of application will be further expanded to the ecosystems of ICBC Rong EBank, Rong ELian and other ecosystems. (Sina Technology)

  4. Liu Qiangdong stepped down as general manager of Suqian Daxinjunhe Information Technology Co., Ltd.

  According to news on March 31, Tianyan Check information showed that on March 30, Suqian Daxinjunhe Information Technology Co., Ltd. underwent industrial and commercial changes, and Liu Qiangdong resigned as general manager of the company, and his assistant Zhang Yun resigned as legal representative and executive director. All of the above positions were taken over by Shen Jian. At the same time, Li Yayun resigned as supervisor and added a new supervisor Ding Yongsheng. Suqian Daxinjunhe Information Technology Co., Ltd. was established in 2017 with a registered capital of RMB 1 million. Its business scope includes computer software research; technology development, technology promotion, technical services, etc. in the Internet field. According to Tianyan Check shareholder information, the company is wholly owned by Suqian Yuyan Logistics Co., Ltd. (E-commerce News)

  5. New smart warehousing equipment and other business scope of Ele.me affiliated companies

  According to the news on March 31, Tianyan Check data showed that on March 27, Ele.me's affiliated company Lazas Network Technology (Shanghai) Co., Ltd. had a change in its business scope, adding new warehousing services (except dangerous goods), smart warehousing equipment, smart robot sales, etc. According to information, Lazas Network Technology (Shanghai) Co., Ltd. was established in September 2011 with a registered capital of 37 billion yuan. The legal representative is Wang Lei, a partner of Alibaba Group and president of Alibaba Local Life Services Company. TechWeb)

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  6. Luo Yonghao’s first live broadcast product selection: Xiaomi 10, Anmuxi yogurt, etc.

  According to reports on March 31, it was learned that after Luo Yonghao announced his entry into Douyin and started his first live broadcast to sell goods on April 1, some brands announced that they would become their first live broadcast show partner brands. Products currently exposed that will appear in Luo Yonghao's first live broadcast include NetEase Yanxuan Ergonomic Chair, Daily Black Clip, Xiaomi 10, Anmuxi Yogurt, Stone Sweeping Robot, etc. (E-commerce News)

  7. Due to the impact of the epidemic, the US retail industry has temporarily laid off more than 500,000 employees

  March 31 news, according to US media reports, due to the impact of the new crown pneumonia epidemic, US retail giants Macy's, Gap and Kohl's announced on Monday that they will temporarily cut most of their store employees. According to data from Bloomberg statistics, since the outbreak of the epidemic, the number of temporary layoffs announced by the U.S. retail industry has exceeded 500,000, and this number is expected to continue to increase. Due to the outbreak of the new coronavirus, demand for online shopping surged, and US e-commerce giant Amazon said in mid-March that it would recruit an additional 100,000 employees in the United States. (CCTV)

  8. Xiaomi Youpin will launch luxury goods on the "Famous Product Discount" channel

  According to 36Kr, Xiaomi's e-commerce platform "Xiaomi Youpin" recently launched the "Famous Product Discount" channel. The products in the channel are luxury goods, high-end shoes and clothing, etc. The products are currently in pre-sale and will be officially launched at 0:00 on April 1. According to the qualifications of br