#Laogao E-commerce Newsletter# [May 8 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [May 8 E-commerce Morning News] 1. JD.com has started sales and services to test resource integration capabilities after-sales of home appliances; 2. In order to support Taopiaopiao, Alibaba Pictures has suffered a strategic loss of 1.659 billion yuan in the past 15 months; 3. Nestlé may acquire Starbucks retail coffee business; 4. JD.com launched the "Service +" column on the homepage to serve the market; 5. Holding nearly 20% of the shares! Musk bought $9.85 million Tesla stock...

　　E-commerce newsletter

　　1. JD.com starts sales services to target home appliances after-sales testing resource integration capabilities

　　On May 7, JD.com officially launched the "JD Service +" project, integrating the original service brand manufacturers, brand authorized service providers, JD.com's self-operated repair and other service provider resources, and providing consumers with after-sales services including installation, repair, cleaning, etc. Previously, the traditional after-sales service format has been criticized by consumers for its opaque price and irregular service issues. The information disclosure and traceability characteristics of e-commerce can leverage a large traditional offline market. But it is not just JD.com, such as "Suning Bangke" launched by Suning and "Gome Butler" launched by Gome, are also competing for this fertile soil. Industry insiders have suggested that the competition for e-commerce in the after-sales market has become inevitable, but the core competitiveness tested lies in the platform's ability to integrate resources. (Source: Beijing Business Daily)

JD.com starts sales services to test resource integration capabilities after-sales service

　　2. In order to support Taopiaopiao, Alibaba Pictures has suffered a strategic loss of 1.659 billion yuan in the past 15 months.

　　On May 7, Alibaba Pictures Group announced its financial results. Within the 15 months ended March 31, 2018 (the reporting period was 15 months because at the end of last year, Alibaba Pictures changed the fiscal year settlement date from December 31 to March 31), the company's revenue reached 3.303 billion yuan, an increase of more than 130% from 1.432 billion yuan in the same period last year. Specifically, Alibaba Pictures has three core business segments: Internet promotion and distribution, content production, and comprehensive development. However, because the Internet promotion and distribution business, which accounts for the "big portion of Alibaba Pictures' revenue, still suffered a significant loss. Alibaba Pictures lost 1.659 billion yuan in the reporting period, an increase from 1.392 billion yuan in the same period last year. (Source: 36kr)

　　3. Nestlé may acquire Starbucks retail coffee business

　　On Sunday, Swiss financial media Inside Paradeplatz said that Nestlé may acquire Starbucks' retail coffee business. According to people familiar with the matter, the negotiations have entered the final stage and the two sides may announce a deal as early as Sunday or next Monday local time. According to Bloomberg, Nestlé will pay Starbucks an upfront payment of $7.15 billion as part of a global coffee marketing agreement on Monday afternoon Beijing time. (Source: Inside Paradeplatz)

　　4. JD.com launches the "Service +" column on the homepage and serves the market after the sword is pointed at

　　It is understood that the "JD Service +" has added a first-level channel entrance on the homepage of JD Mall. Regardless of whether consumers buy products on JD or not, they can find relevant installation, repair, cleaning and maintenance services here, covering home appliances, mobile phones, home furnishings, digital, office products, etc.

　　In addition, there are some special services, such as watches, shoe and boot maintenance, cycling services, sports events and venue reservations, and qiyue services specifically targeted at enterprises. Services such as air and water quality testing, pet services, musical instrument debugging and maintenance focusing on personalized living needs are also being prepared to go online. (Source: Lianshang.com)

　　Internet news

　　5. TikTok soared to the world's number one in iOS downloads in Q1, surpassing Facebook and Tencent products

　　On May 7, data from applied market research company Sensor Tower showed that in the first quarter of this year, the global download volume of Tik Tok's overseas version of Tik Tok's App Store reached 45.8 million times, surpassing Facebook, Instagram, Youtube, etc. to become the world's highest downloaded iOS app. However, judging from the download data of all app stores, the four products of WhatsApp, Messenger, Facebook, and Instagram are still ranked in the top four. Tik Tok ranks sixth. (Source: 36kr)

　　6. Toutiao responds to financing rumors: Relevant financing reports are untrue

　　Yesterday, some media revealed that Toutiao is launching a new round of financing, saying that Toutiao is expected to be US$40 billion in 2018 and is expected to reach US$60 billion in 2019. In addition, Toutiao is launching a new round of financing, with a pre-investment valuation of US$35 billion.

　　In this regard, Toutiao told Tencent's "First Line" that the news about Toutiao's financing reported by the media was untrue. (Source: Tencent Technology)

Toutiao responds to financing rumors: Relevant financing reports are untrue

　　7. Tencent QQ new version is launched, adding the special effect of "mouth barrage" for video calls

　　QQ V7.6.0, a new video call "Oral Barrage" special effect is added. This is the user's word effect of speaking by speaking by using voice recognition technology to convert the voice into text in QQ video calls, and then tracking the position of the mouth in real time through face recognition technology. The voice recognition technology is provided by the WeChat voice recognition and translation team, and face recognition is provided by Youtu Laboratory. (Source: 36Kr)

　　8. The regulatory authorities may require financial holding companies to operate licensed, with Ant Financial and Everbright Group listed

　　Foreign media quoted people familiar with the matter and said that Chinese regulators are drafting financial holding companies' management rules, which will require financial holding companies to obtain a financial holding company license issued by the People's Bank of China, operate with licenses, and meet capital adequacy requirements.

　　According to people familiar with the matter, some institutions that have two financial industries, such as Ant Financial, must apply for a financial holding company license from the People's Bank of China, and institutions that apply the new requirements should also include financial holding companies such as CITIC Group and Everbright Group. The relevant regulatory rules are still being drafted and have not been finalized and must be submitted to the State Council for approval. In response to this, Ant Financial responded to a foreign phone call that the company's principle has always been to work closely with regulators to support the healthy development of China's financial industry. (Source: Sohu Finance)

　　9. Holding nearly 20% of the shares! Musk buys $9.85 million Tesla stock

　　According to Bloomberg on May 8, Beijing time, Tesla CEO Elon Musk bought $9.85 million worth of company stock on Monday local time. Currently, Musk holds nearly 20% of Tesla, and has become its largest shareholder. (Source: IT Home)

　　Cross-border newsletter

　　10. Walmart may announce its transaction with Flipkart before this week, and will acquire approximately 60% of the equity

　　On May 8, Walmart may announce the long-awaited news about its acquisition of a majority holding stake in the Indian e-commerce website Flipkart by this weekend, according to two people familiar with the matter. The deal could be the largest merger and acquisition deal in history by Walmart, a U.S. retail giant.

　　The two people familiar with the matter also revealed that Walmart and Google's parent company Alphabet will acquire a total of 75% of the equity of Flipkart. Sources said Walmart will acquire about 60% of Flipkart's shares, while Google will acquire about 15% of Flipkart's shares for $3 billion. (Source: 36kr)

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