#Laogao E-commerce Newsletter# [May 22 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on May 22] 1. "Youhao Fresh" received 10 million angel round financing, intending to build a manufacturing comprehensive fresh food service platform; 2. Alibaba's local life service platform reputation has reached a cooperation with Weibo; 3. Amazon's valuation in India reached US$16 billion and surpassed Macy's Department Store; 4. JD.com and Intel and others have established an AR innovation alliance to launch three AR hardware; 5. Meituan Takeout announced that the platform has completed orders of more than 20 million per day...

　　E-commerce newsletter

　　1. "Youhao Fresh" received 10 million angel round financing, intending to build a manufacturing-based comprehensive fresh food service platform

　　On the evening of May 21, Youhao Fresh, which is positioned as a new retail service platform for the entire fresh food industry chain, announced that it had received 10 million angel round financing. This round of financing will mainly be used to build a manufacturing-type comprehensive fresh food service platform integrating production, logistics, warehousing, deep processing, sales and service. It is understood that Youhao Fresh is a manufacturing-type new retail platform that UU runs errands incubated. (Lieyun.com)

　　2. Alibaba's local life service platform has reached a cooperation with Weibo

　　Recently, Weibo and Alibaba's local life service platform have announced a cooperation to achieve platform operations and product interoperability. After several internal testing, this cooperation was officially opened to all word-of-mouth merchants on May 21. (China.com)

　　3. Amazon's valuation in India exceeds Messi's Department Store

　　Wal-Mart last week announced it would acquire a 77% stake in India's top e-commerce company Flipkart for $16 billion. “We believe that India’s e-commerce market will grow to $202 billion at a CAGR of 21% over the next 10 years, and Amazon may be able to account for 35% of the market… This means Amazon India is currently worth $16 billion,” analyst Mark May said in a report to clients on Thursday. “In short, we believe that investors are still underestimating the value of Amazon’s existing emerging international retail market business, but also underestimating the speed and value of the company’s recent investment in international expansion.”

　　The $16 billion valuation has already put Amazon India in value beyond the majority of the S&P 500’s more than 170 companies, including Clorox, Macy’s and Tiffany. (Yibang Power)

　　4. JD.com and Intel have established an AR innovation alliance to launch three AR hardware

　　JD.com announced today that it has joined hands with hundreds of AR industry and retail industry partners such as Intel, Walmart, Vipshop, and Lenovo to establish the first AR boundless innovation alliance in the country, and will use AR technology to create online and offline shopping scenarios. At the same time, JD.com also released three AR hardware products, namely AR makeup mirror, AR fitting mirror, and AR smart glasses for the first time. (36Kr)

　　Internet news

　　5. Meituan Takeaway announced that the platform completed orders exceed 20 million per day

　　On May 21, Meituan Takeout announced that the platform completed more than 20 million orders per day. Meituan said that in addition to the new driving force for the overall rise of the online takeaway industry, it is more important to benefit from Meituan Takeaway's advantages in traffic, technology, etc. Through multi-enterprise collaboration and core technology empowerment, Meituan Takeaway has continuously improved delivery efficiency and optimized service experience. (Source: Tencent Technology)

　　6. New WeChat external link regulations: "It is prohibited to broadcast audio-visual programs without obtaining licenses"

　　On May 21, the WeChat team issued an "Announcement on Further Upgrading of External Link Management Rules" on the 18th. The announcement stated that "External links shall not disseminate content containing audio-visual programs in any form without obtaining a statutory license for the information network to disseminate audio-visual programs." Today, WeChat Patrol issued another supplementary announcement on upgrading external link management rules. The main update of the supplementary content is to upgrade external link management rules for the circle of friends. The previous rules related to the dissemination of audio-visual content have been deleted. (NetEase Technology)

　　7. Baidu dives majority equity in global advertising and tools business and focuses on AI

　　On the evening of May 21, Baidu announced the spin-off of its global mobile application and DAP advertising platform business in its international business, and financed the establishment of a new company, Xiaoxiong Bowang and operated independently. Hu Yong, former general manager of Baidu International Business Department, served as CEO. Xiaoxiong Bowang's round of financing was led by Shenzhen Venture Capital, which holds a total of 53% of the shares. As an important shareholder of Xiaoxiong Bowang, Baidu still retains a large proportion of its equity. For Baidu, the subsequent divestment of financial services business also means that Baidu will further focus on AI-driven core businesses. (Sina Technology)

　　8. Luo Yonghao: Hammer is not losing money but funds are tight investors do not understand Hammer

　　Regarding the current financial situation of Smartisan Technology, Luo Yonghao revealed that Smartisan Technology has turned losses into profits and can continue without financing; but in order to invest in R&D and try to do something different, Smartisan Technology's funds are still quite tight. Previously, Smartisan Technology had encountered financial difficulties and financing difficulties. (Sina Technology)

　　9. China Mobile 4G users first showed negative growth: slightly fell 0.36% to 670 million units in April

　　On May 21, the three major telecom operators successively announced their April operating data. Among them, China Mobile's 4G users showed negative growth for the first time.

　　China Mobile's operating data for April 2018 showed that the total number of mobile customers was 899 million, up 0.12% month-on-month; the net increase in customers decreased by 2.809 million to 1.121 million, the lowest value in 22 months. At the same time, the number of 4G customers fell slightly by 0.36% month-on-month to 669 million, losing 2.427 million.

　　This is the first time that China Mobile has encountered negative growth in 4G users. Since the separate disclosure of 4G user growth began in February 2014, China Mobile has maintained a positive growth situation in this data. The number of users declined this time, not only China Mobile has never encountered it before, but also China Telecom and China Telecom's two major operators have never encountered it before. (NetEase Technology)

　　Cross-border newsletter

　　10. China's export cross-border e-commerce transaction volume in 2017 increased by 6.3 trillion yuan year-on-year

　　On May 21, the E-Commerce Research Center, a well-known domestic e-commerce think tank, released the "2017 China Export Cross-border E-commerce Development Report". The report shows that the scale of China's export cross-border e-commerce transactions in 2017 was 6.3 trillion yuan, an increase of 14.5% year-on-year.

　　Zhang Zhouping, director of the B2B and Cross-border E-commerce Department and senior analyst at the E-Commerce Research Center, said that with policy support and gradual improvement of the industry development environment, China's export cross-border e-commerce has made great progress in 2017. It plays an important role in the transformation and upgrading of traditional foreign trade, and the proportion of cross-border e-commerce in the total import and export value has gradually increased. China is an important major product exporter in the world. With a relatively stable overall export volume, cross-border export e-commerce has gradually replaced general trade and has good growth potential. The replacement of traditional offline retail by e-commerce has led to new consumer demand after the product is more cost-effective and convenient. (Sina Finance)

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