#Laogao E-commerce Newsletter# [E-commerce Evening News on May 29] 1. Tmall launched the next-day delivery service, which is only applicable to direct clothing 3PL projects; 2. Has WeChat blocked Taobao products? Alibaba: It does not exist; 3. JD.com's self-operated fresh food tests "1 hour delivery", mainly through forward warehouse distribution; 4. It is said that Ant Financial has completed a new financing and raised US$10 billion in valuation of US$150 billion; 5. Innovation Works invested in Yonghui Cloud Chuang with Tencent, Today Capital, etc.; 6. Netizens met by chance: Liu Qiangdong and Zhang Zetian had afternoon tea in Sanlitun...
E-commerce newsletter
1. Tmall launches next-day delivery service, which is only applicable to direct clothing 3PL projects
Recently, Tmall announced the launch of next-day delivery services and released the "Out-day delivery specifications". When a buyer purchases the next-day delivery product on Tmall, when the purchase behavior meets the service performance standards, the merchant promises to provide the buyer with the service delivery service before 23:59:59 on the third day after payment. At present, this service is only applicable to Tmall Direct Clothing 3PL projects only. The specification has come into effect on May 24. (36Kr)
2. Has WeChat blocked Taobao products? Alibaba: It doesn't exist
According to May 29, Alibaba's "Tao Password" has transformed again. Today, Tencent officially banned special identification codes and password-like information with identification and marking functions in WeChat Moments, and Alibaba's "Tao Password" is obviously a severely affected area affected by the new regulations. Yibang Dynamics found that perhaps in order to cope with this new WeChat regulations, in addition to its previous manifestation, the "Tao Password" has also added a new product image sharing form. If a user clicks to share in the product link on Taobao, a prompt will appear "Save pictures when sharing on WeChat and QQ". Then save the picture and share it in WeChat. (Yibang Power)
3. JD.com’s self-operated fresh food tests “1 hour delivery”, mainly through forward warehouse delivery
On May 28, JD.com announced that it would launch the "1-hour delivery" business in Beijing, with fresh food as its main business category, and all the products launched are self-operated by JD.com. Previously, JD.com's instant delivery service was more realized by JD.com's home delivery service, and the products mostly originated from cooperative third-party retailers. The launch of 1-hour delivery service also means that the product pool of JD.com's instant delivery service has been further expanded. But it should also be noted that Tmall Supermarket has launched a one-hour service in Beijing in July last year. How to fill the gap in layout time is an urgent problem that JD.com 1-hour service needs to be solved. (Beijing Business Daily)
4. Ant Financial completed a new financing to raise $10 billion in valuation of $150 billion
Beijing time on the afternoon of May 29, Forbes reported that according to sources and puzzle reports, Ant Financial, a payments subsidiary of Chinese e-commerce giant Alibaba, may surpass Uber, a ride-sharing company in the United States, to become the world's highest valuation private technology company.
It is reported that the Hangzhou-based company has finalized an agreement with digital heavyweight international investors to raise more than $10 billion in financing at a valuation of $150 billion, and will issue an official statement in the coming weeks. In addition, Uber's valuation is said to be at least $70 billion or more. (Source: Sina Technology)
5. Innovation Works and Tencent, Today Capital and other investments in Yonghui Cloud Creation
Innovation Works recently announced its investment in Yonghui Cloud Chuang, a subsidiary of A-share listed company Yonghui Supermarket. At the same time, Yunchuang's investors include Yonghui Supermarket, Today Capital and Tencent.
Yunchuang is one of the four businesses under Yonghui Supermarket (the others are Yunchao, Yunshang, Yunjin), which includes Yonghui Life Store, Super Species, Yonghui Life App and other businesses. It is an important carrier for the incubation, cultivation and innovation capabilities of Yonghui Supermarket's new businesses.
Innovation Works said that this investment is an attempt by Innovation Works to accelerate the integration of the two major tracks of consumer retail and artificial intelligence based on the "VC+AI" positioning. In the future, Innovation Works will work with Yonghui to explore more attempts to empower consumer retail by AI. (Sina Technology)
Internet news
6. Netizen met by chance: Liu Qiangdong and Zhang Zetian had afternoon tea in Sanlitun
According to the netizen "YLW Ningbo Netizen", on the afternoon of May 28, Liu Qiangdong's milk tea sister and his wife appeared in Sanlitun for afternoon tea. The milk tea sister's baseball cap and sunglasses covered her face and carefully selected drinks. The two sat in a low-key position against the wall, chatting from time to time to look sweet. (Sina Entertainment)
7. Sun Hongbin takes action again! Sunac may acquire nearly 4% of Wanda Commercial shares at 9.5 billion
On May 28, Sunac China issued an announcement stating that the company's plan to invest RMB 9.5 billion or equivalent to Hong Kong dollars to purchase about 3.91% of Dalian Wanda Commercial's shares was officially approved by shareholders and approved unanimously. Regarding this cooperation, Sunac stated in the announcement that Wanda has a deep accumulation in offline life consumption and cultural and creative fields. After this strategic cooperation, Wanda will carry out multi-faceted cooperation with investors. Sunac believes that this can further strengthen Wanda's competitive advantages, have investment value, and also have development prospects, and further enhance Sunac's operational level and resource integration capabilities in the commercial real estate field. (Lianshang.com)
8. Tencent Weibo App has been silent for 3 years and has caused speculation about resurrection
According to the morning news on May 29, some netizens recently discovered that Tencent Weibo Android client released an update on May 25 after nearly three years of silence. The screenshot shows that the version number is 6.1.3, the update is a bugfix, and there is no further explanation.
It is worth noting that the previous version of Tencent Weibo Android client was updated on September 18, 2015. The sudden update after nearly three years of silence immediately triggered speculation on whether Tencent would "resurrect" Tencent Weibo. (Sina Technology)
9. Momo's net revenue in the first quarter was US$435 million and increased by 64% year-on-year
According to the afternoon of May 29th, Beijing time, Momo (Nasdaq: MOMO) released its first quarter financial report for 2018. According to the financial report, Momo's net revenue was US$435.1 million, a year-on-year increase of 64%; net profit was US$129.9 million, compared with US$81.2 million in the same period last year. According to non-GAAP, net profit attributable to Momo was US$142.3 million, compared with US$90.7 million in the same period last year, a year-on-year increase of 57%.
According to data summarized by Yahoo Finance, 10 Wall Street analysts averaged to estimate that Momo's first-quarter diluted earnings per American depositary receipt (ADS) per share was $0.5, calculated based on non-GAAP. According to the financial report, Momo's earnings per ADS in the first quarter were US$0.69, higher than analysts' expectations. (Sina Technology)
Cross-border e-commerce
10. Amazon restarts Indian investment and Walmart are about to fight
On May 28, Indian insurance startup Acko responded to the media that the company will receive a new round of $12 million in financing led by Amazon. In addition to Amazon, Ashish Dhawan, founder of private equity firm Chrys Capital and existing investor Catamaran Venture also participated in Acko's funding round. (E-commerce News)
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