#Laogao E-commerce Newsletter# [E-commerce Morning News on April 23]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on April 23] 1. Jack Ma: China needs a large number of large companies that surpass BAT, and needs a digital economy law; 2. iResearch: New retail has given rise to a sudden rise in social e-commerce; 3. Tmall International has finally opened an offline store but it cannot sell goods directly; 4. Amazon is optimistic about the Indian food industry increasing investment and plans to develop in depth into the fresh food market; 5. ZTE: Learn from the lessons of the past and regard compliance as a strategic cornerstone; 6. Wall Street Journal: Tencent Music plans to IPO in the second half of the year...

　　E-commerce newsletter

　　1. Jack Ma: China needs a large number of large companies that surpass BAT, and needs a digital economy method

　　At the first Digital China Construction Summit, Alibaba Chairman Jack Ma said that China needs a large number of large companies that surpass BAT and needs a digital economy law. "Today, China's Internet companies are as numerous as ox-shaped, small and beautiful as well as full of vitality. They are the main new force of innovation, but there are too few large companies that truly have core technologies." (Source: 36kr)

　　2. iResearch Report: New retail has given rise to a sudden rise in social e-commerce

　　Recently, iResearch's "Annual Comprehensive Analysis of China's Online Retail B2C Market 2018" was officially released. The report sorted out and predicted the current status and future development trends of the new retail B2C market in 2018.

　　"Quality upgrade, scenario change, and smart retail" has become the core keywords of the online retail B2C market in the year. Among them, the business layout charts of comprehensive e-commerce such as Alibaba and JD.com and vertical mainstream e-commerce such as Mogujie and Vipshop are also included.

　　The report pointed out that 2017 is the first year of new retail. This year, residents' wealth accumulation and consumption capacity have continued to rise, and the consumption structure has been further optimized; the post-85s, post-90s, and post-00s have become mainstream consumer groups, including those born in the third and fourth tier cities, and post-50s have also begun to show strong purchasing power and have huge consumption potential.

　　At the same time, the cost of online retail customer acquisition continues to rise, and offline retail performance continues to decline. The industry also faces considerable challenges if it wants to achieve significant growth and maintain sustained high growth. The comprehensive integration and innovation of scenarios, channels, etc. have become the necessary way for enterprises to achieve breakthroughs. (Source: Lianshang.com)

　　3. Alibaba, Ant Financial and Fuzhou cooperate to create a "digital China" Fuzhou sample

　　The Fuzhou Municipal Government has reached a strategic cooperation with Alibaba Group and Ant Financial Group to create a Fuzhou sample of "Digital China" in all aspects. The three parties will deepen cooperation in the fields of smart city construction such as Internet industry services, Internet government services, urban brains and public credit systems. At the same time, Alibaba Cloud will jointly build the "industrial Internet" with Changle District, Fuzhou City to promote the upgrading of local industrial manufacturing. (Source: China Securities)

　　Internet news

　　4. ZTE: Learn from past lessons and regard compliance as a strategic cornerstone

　　ZTE issued an announcement stating that the company has and is taking measures to comply with the refusal order. At the same time, a compliance management committee directly led by the president was established, and compliance was regarded as the cornerstone of the company's strategy and the bottom line of operation; a team of export control compliance experts covering the world was established; a ZTE export control compliance management structure, systems and processes were built; a SAP trade compliance control tool was introduced and implemented; various regulatory work carried out by independent compliance inspectors were coordinated. (Source: Wall Street News)

ZTE: Learn from past lessons and regard compliance as a strategic cornerstone

　　5. iPhone sales expectations are downgraded, smartphone super cycle ends

　　Apple has been criticized by investment bank analysis institutions recently. Morgan Stanley lowered Apple's iPhone shipments and raised concerns about Apple's financial report. Analysts of the agency believe that in fiscal 2018, Apple's iPhone shipments will fall to 210 million units, less than the previously expected 217 million units. The IMF believes that the era of smartphones driving economic growth in Asia and reshaping trade channels in recent years may end. (Source: First Financial Daily)

　　6. Ele.me’s annual data: covering 2,000 cities, new takeaway drones will be tested

　　Ele.me released the "2017 Corporate Social Responsibility Report", reviewing the development of the platform in all aspects over the past decade and 2017. The report revealed that as of December 2017, Ele.me's online food delivery platform has covered 2,000 cities across the country, with a total of 2 million restaurants, a total of 260 million users and more than 15,000 employees.

　　Ele.me proposes three stages of future logistics strategy: intelligent scheduling - human-machine delivery - unmanned delivery. (Source: Sina Technology)

　　7. Huawei responds to "withdrawal from the US market": official information shall prevail

　　In response to the statement in some self-media that "Huawei will permanently close its business in the United States by the end of this year", Huawei responded that the development of the US market is mainly based on official news. (Source: Sina Technology)

　　8. Wall Street Journal: Tencent Music plans to IPO in the second half of the year

　　According to the Wall Street Journal, Tencent Music plans to launch an IPO in the second half of 2018 and is expected to raise billions of dollars. The company will meet with a potential underwriting bank next month, people familiar with the matter said. There have been no less than four news about Tencent Music's rumor to be listed, and it is understood that Tencent Music's current valuation is about US$25 billion. (Source: Wall Street Journal)

　　Cross-border newsletter

　　9. Tmall International finally opened an offline store, but it cannot sell goods directly

　　Tmall International has entered its fifth year.

　　During the hottest period of cross-border retail e-commerce, Alibaba launched Tmall International in a high-profile manner. It was born with the golden key of the "first year of global online shopping", and soon took on part of the important task of "global buying and global selling". But in the next two or three years, due to the ups and downs of industry regulatory policies, Tmall International stumbled and held the top position in the market. However, this first one is not as stable as other Taobao businesses. JD Global Shopping and NetEase Kaola are reluctant to leave, and Xiaohongshu, Yangwo, and Vipshop can also share some of the markets.

　　Finally, when Alibaba launched the "Eighth Route Army" to join the battle for new retail, Tmall International, which was still unable to stand independent from Tmall, opened its first offline store in Hangzhou. On April 20, Tmall International West Lake Yintai Store officially opened, and its product selection and display are self-operated. (Source: 36kr)

　　10. Amazon is optimistic about the Indian food industry increasing investment and plans to develop in-depth into the fresh food market

　　According to April 23, Amazon expects India's food and home products business to account for about half of the company's market in the next five years. To this end, the company will increase its investment and strive to double the supply in these areas to develop in depth into areas such as India's fresh food.

　　Amazon India Market Head Amit Agarwal said in an interview with the media on Friday that judging from the number of products sold in the Indian market, products such as food and creams, soaps and cleaning products have become well-known product categories on Amazon India’s website. (Source: Tencent Technology)

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