#Laogao E-commerce Newsletter# [May 10th E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on May 10] 1. Jack Ma suddenly appeared at his alma mater, Hangzhou Normal University: Go in from the back door to listen; 2. Alibaba released a "charity financial report" with nearly 60,000 employees doing charity for 202,000 hours a year; 3. Liu Qiangdong: JD Logistics has no rival in the country, Pinduoduo has limited impact on JD.com; 4. Alibaba Cloud's latest valuation is 67 billion US dollars, and its revenue in 2024 is expected to be 28.5 billion US dollars; 5. Yu'ebao is planning to open up the second batch of monetary base access soon...

　　E-commerce newsletter

　　1. Alibaba releases "Public Welfare Financial Report" Nearly 60,000 employees do charity for 202,000 hours a year

　　After presenting the impressive annual report of the 2018 fiscal year, Alibaba Group also recently released a "charity financial report": In the 2018 fiscal year, nearly 60,000 Alibaba employees were "charity addiction", and more than 165,000 participated in charity actions, and the cumulative public welfare service time applied for more than 202,000 charity time. Jack Ma ranked 51st when he completed 75 charity charities in one fiscal year. Jack Ma, Chairman of Alibaba Group and Volunteer No. 1, proposed an initiative through email from all employees on September 10, 2015: Starting from the 2015 fiscal year, Alibaba people will complete 3 hours of public welfare volunteer services every year. In fiscal year 2018, Alibaba employees realized Jack Ma’s initiative, and the per capita charity time lasted for more than 3 hours, and in the process of implementation, it made charity a way of life for Alibaba people. (Source: Tianxia Online Business)

　　2. Liu Qiangdong: JD Logistics has no rival in the country, Pinduoduo, has limited impact on JD.com

　　On the evening of May 8, Chinese e-commerce giant JD.com released its first quarter 2018 financial report. Although JD.com's revenue this quarter was higher than expected and year-on-year, the growth rate hit its lowest level ever. In addition, EPS was lower than expected, which also caused JD.com's stock price to fall by more than 4%. After JD.com's Q1 financial report, its stock price fell. Liu Qiangdong said in a subsequent conference call that it is expected that logistics services from third parties will exceed the self-operated part within five years; Pinduoduo currently has limited impact on JD.com; satisfies the progress of JD.com's cooperation; offline fresh food stores accelerate their expansion in the second half of the year, and it is expected that more than 500 will be available in five years. (Source: All-weather technology)

　　3. Alibaba Cloud's latest valuation is US$67 billion, with revenue expected to be US$28.5 billion in 2024

　　According to the IDC report, Alibaba Cloud's domestic market share in 2017 was 47.6%, almost the sum of other followers. In the international market, Alibaba Cloud currently wins third, only behind Amazon and Microsoft. Under this competitive landscape, Wall Street is optimistic about Alibaba Cloud's valuation. Recently, Morgan Stanley raised Alibaba Cloud's revenue expectations in 2024 to US$28.583 billion, while maintaining Alibaba's buy rating with a target share price of US$230. In two years, Alibaba Cloud's valuation has risen from US$39 billion to about US$67 billion today. (Source: 36kr)

　　4. Yu'ebao is about to open the second batch of goods bases to access

　　Regarding whether Yu'ebao is considering opening up cooperation with the second batch of goods and funds, the reporter confirmed with Ant Financial. The other party said: Ant Financial adheres to an open attitude. If necessary, Yu'ebao will further introduce more high-quality partners in the future. Ant will work with its partners to bring more and better inclusive financial services to users. (Source: 21st Century Business Herald)

Yu'ebao is about to open the second batch of goods bases to access

　　5. StarPian and JD.com reach strategic cooperation to deploy the intelligent hardware market for Internet of Vehicles

　　The company listed on the New Third Board, Pingtiaopai (Shenzhen) Technology Co., Ltd., signed a strategic cooperation agreement with JD.com, and will strengthen cooperation in the field of big data analysis, layout the intelligent hardware market for the Internet of Vehicles, and jointly focus on the automotive aftermarket field. According to Luo Yong, JD.com will take advantage of its advantages in big data to deeply capture and analyze user habits and demands. The field of driving recorder will be extended to the Internet of Vehicles ecological technology. (Source: Beijing News)

　　6. Jack Ma suddenly appeared at his alma mater, Hangzhou Normal University: Go in from the back door and listen

　　Jack Ma has expressed his love for his alma mater more than once. According to Zhejiang Youth Network, on the evening of May 8, the boss Jack Ma suddenly appeared at his alma mater, Alibaba Business School of Hangzhou Normal University. At first, Jack Ma just quietly visited outside the door, and then he quietly entered through the back door of the classroom and listened to the lectures of Alibaba executives with the students. (Source: Tencent Technology)

Jack Ma suddenly appeared at his alma mater, Hangzhou Normal University: Go in from the back door and listen

　　Internet news

　　7. Today's News: Xiaomi's latest valuation is US$60 billion to US$70 billion

　　According to a person familiar with the matter, Xiaomi, which has submitted a listing application to the Hong Kong Stock Exchange, has a latest valuation of US$60 billion to US$70 billion, with an earlier report that the target valuation is up to US$100 billion, a significant reduction of 30 to 40%. (Source: Today's News)

　　8. Weibo's net profit in Q1 increased by 111% year-on-year, with monthly active users reaching 411 million

　　On the evening of May 9, social media company Weibo (NASDAQ:WB) released its unaudited financial report for the first quarter ended March 31, 2018. In the quarter, Weibo's net revenue was US$349.9 million, compared with US$199.2 million in the same period last year. Net profit attributable to Weibo was US$99.1 million, up 111% year-on-year, totaling 44 cents per diluted net profit per share, compared with 21 cents a year ago.

　　Based on non-US general accounting standards, the net profit attributable to Weibo was US$112.6 million, a year-on-year increase of 95%. Diluted net profit per share was 50 cents, compared with 26 cents a year ago. (Source: 36kr)

Weibo's net profit increased by 111% year-on-year, with monthly active users reaching 411 million

　　9. Tencent official: The message failure has been fixed and QQ is closed purely a rumor

　　Tencent said that at around 21:40 on May 9, due to fluctuations in some servers, some users showed a red exclamation mark after sending QQ messages, and the message was actually successfully sent. Completely repaired at 23:14 that day. Regarding the rumors that "QQ is about to be closed", Tencent solemnly declared: All these information are rumors! Please don’t believe or spread rumors. QQ will serve you for a long time. (Source: Kuai Technology)

Tencent official: The message failure has been fixed and QQ is closed purely rumor

　　Cross-border newsletter

　　10. Yangmaid CEO Zeng Bibo: Kill the giants to the death, not afraid of price wars

　　Choosing to face the competition of giants, Zeng Bibo said that fighting to the death is not to directly compete with giants with their shortcomings, but to compare their own advantages. For example, "Overseas Wharf is a buyer model, so it will not choose B2C or B2B to directly compete with giants at the beginning. "It is also necessary to burn money when fighting a price war, and our supply chain is very deep. "Zeng Bibo said that in the second half of 2018, the company's strategy was to drag the giants into the water and use their own advantages to fight against the giants. (Source: Securities Daily)

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