#Laogao E-commerce Newsletter# [May 23 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [May 23 E-commerce Morning News] 1. It is rumored that Alibaba invited Lu Qi to be the global president. Wang Shuai: There is no such thing as this; 2. JD.com appoints Professor Xu Dingbo as the new director, and Li Daokui resigns after his term; 3. Tmall has opened a brand account but it seems not easy to enter; 4. The new retail company "Chuzhi" has received nearly 10 million strategic financing; 5. Japanese reporters have asked Alibaba CEO 20 questions in a row, and Alibaba's new retail is the highest rate of mention...

　　E-commerce newsletter

　　1. It is said that Alibaba invited Lu Qi to be the global president. Wang Shuai: There is no such thing as rumor.

　　In response to the rumors that Alibaba invited Lu Qi to be the global president, Wang Shuai, chairman of the Market Public Relations Committee of Alibaba Group, responded, "It is indeed a rumor, there is no such thing. I beg everyone to respect the public statements of each party and not to have too many imaginations and new rumors about it. (36kr)

　　It is said that Alibaba invited Lu Qi to be the global president, Wang Shuai: There is no such thing as rumor.

　　2. JD.com appoints Professor Xu Dingbo as the new director, and Li Daokui resigns from office after his term

　　On the evening of May 22, JD.com announced that Professor Xu Dingbo had been elected as a member of the Audit Committee under JD.com's Board of Directors and served as chairman of the Nomination and Enterprise Supervision Committee. Xu Dingbo filled the vacancy left by Li Daokui after her retirement. Li Daokui took office in May 2014 and has completed her second two-year term.

　　Xu Dingbo is a professor of accounting at the China Europe International Business School of Industry and Technology, and serves as the vice provost. Before joining Central Europe, he was an assistant professor of accounting at the Hong Kong University of Science and Technology, a visiting professor at Peking University, and taught EMBA courses in China at the University of Minnesota in the United States. (PingWest)

　　3. Tmall has opened a brand account but it seems not easy to enter.

　　On May 22, Tmall today issued a public notice on the addition of the "Brand Account Merchant Management Specifications". It is reported that the specifications released this time clarify the terms of access conditions, business specifications, and violation handling of brand numbers. It is worth noting that Tmall brand accounts are currently invited to settle in. The rules will come into effect on May 29. (Source: Tmall Rules)

　　4. The new retail company "Chuzhi" has received nearly ten million strategic financing

　　The new retail tissue company "Chu Paper" has received a strategic investment of tens of millions of yuan from former president of Giant Network Ji Xuefeng and Mali brothers. After financing, "Chuzhi" will focus on expanding the team scale, developing and developing systems, carrying out strategic direct sales, increasing market promotion efforts, and improving the supplier management system to make arrangements. (36Kr)

　　5. Japanese reporters asked Alibaba CEO 20 questions in a row, and Alibaba's new retail rate was the highest

　　On the day when Alibaba Group CEO Zhang Yong appeared in Tokyo, Japan, the search volume of Japan's "Super Country Day" on Sina Weibo reached nearly 100 million. A reporter from Nikkei News asked Zhang Yong more than 20 questions in succession, most of which were about Alibaba's new retail. Data also shows that in Alibaba's fiscal year 2018, Japan was the number one importer, with transactions on Tmall and Tmall International increasing by 54% and 122% respectively compared with the previous fiscal year. (Reference message)

　　Internet news

　　6. Didi plans to list on the Hong Kong stock market, with a market value of US$70 billion to US$80 billion

　　According to the Hong Kong Economic Daily, Didi Chuxing will start its listing as early as the second half of the year, and has initially decided to list on the Hong Kong stock market. Its current valuation is about US$55 billion, and its market value is expected to reach US$70 to US$80 billion when it is finally listed. (Wall Street News)

　　7. Haidilao's IPO in Hong Kong has made up 88 million yuan of social security and provident fund

　　5月17日晚间，继小米之后，知名餐饮企业海底捞也向联交所递交了招股说明书，欲登陆港交所主板。在招股书中，海底捞坦承并未为部分员工缴纳全部社会保险金及住房公积金供款。海底捞主要把“锅”甩在了三个地方：一是大量的劳动力和相对较高的流动性；二是缺乏经验的人力资源人员对相关法律法规并无完全理解；三是许多员工不愿缴纳。据招股书，海底捞已对2015-2017年的社保及住房公积金的欠缴金额分別作出补缴2360万元、3620万元及2820万元，共计8800万元。（来源： 国际金融报）

　　8. Trump: The United States has not reached any agreement with China on ZTE

　　On Tuesday local time, Trump said at the White House that the U.S. government has not reached any agreement with the Chinese government on ZTE.

　　He said that the implementation of the ban on ZTE will also harm the interests of US companies. He expected that ZTE would pay up to $1.3 billion in fines and replace management, set up a new board of directors, and adopt "very, very strict safety regulations." Trump also expects ZTE to purchase a large proportion of components and equipment from the United States in the future.

　　Trump pointed out that he was not satisfied with the negotiations between China and the United States in Washington last week, and said that this was the first step to reaching a final agreement with the Chinese government and hoped that the subsequent trade negotiations would proceed quickly. (CCTV News)

　　9. Lianjia's personnel turmoil is irresponsible for listing

　　After the competitor I Love My Home has completed its curve listing, Lianjia is also accelerating its own pace of listing. They have recently completed a new round of major personnel appointments and organizational structure adjustments internally.

　　Interface News reporters learned that after the strategic meeting was held on May 18, Lianjia Group launched a round of intensive personnel adjustments, involving the Lianjia direct sales system under Lianjia Group, the newly established Beike Real Estate, and the acquired Deyou system. In a document issued on May 21, Lianjia Chairman Zuo Hui made great reference to Beike Real Estate Search. It is understood that Lianjia’s goal is to expand to 120,000 stores and 1 million brokers within 12 months. (Interface News)

　　Cross-border newsletter

　　10. Alibaba CEO Japan promotes new retail, and wants to help Japanese merchants enter China and Southeast Asia 6 countries

　　On May 22, Alibaba Group CEO Zhang Yong appeared in Tokyo, Japan, and the search volume of Japan's "Super Country Day" on Sina Weibo reached nearly 100 million.

　　This is the third consecutive year that Zhang Yong has made a special trip to Japan for exchanges. More than 300 senior executives from Japanese companies, including KOSE and ASICS, gathered at the scene. These Japanese company executives are not only amazed at the amazing Chinese market, but are even more curious about everything that is happening in China to Alibaba's new retail. (Hugo.com)

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