#Laogao E-commerce Newsletter# [May 31 E-commerce Morning News] 1. 5,000 Tmall smart stores will be settled in Beijing; 2. JD.com "joined the army" and settled in the army; 3. Suning.com: Selling Alibaba Group's shares to obtain funds, which will be used to support the company's business development; 4. Hema executives angrily criticized JD.com's "unmanned restaurant" for suspected plagiarism: being "happy"; 5. Wanda, Tencent, Gaopeng established an online technology company to merge into Feifan and other businesses; 6. The annual transaction volume of exported cross-border e-commerce exceeded 6 trillion...
E-commerce newsletter
1. 5,000 Tmall smart stores will be settled in Beijing
It is reported that Tmall's new retail will also drive 5,000 traditional commercial stores in Beijing to achieve digital transformation and upgrade to "Tmall smart stores" to achieve true integration of online and offline. Reputation will also create a "new retail smart business district" in Beijing, further enhancing the international reputation and influence of traditional business districts such as Wangfujing and Qianmen. (Securities Daily)
2. JD.com "joined the army" and settled in the Army with its first unmanned supermarket in the military
The Army Logistics Department and JD Group held a signing ceremony for military-civilian integration strategic cooperation at the Army Armored Soldier Academy.
With the process of unmanned industry and unmanned agriculture, unmanned tertiary industry has begun. It can be foreseeable that the general trend from production to unmanned service will be from the future. (36kr)
3. Suning.com: The sale of Alibaba Group shares will be used to support the company's business development
36Kr News, in response to the sale of Alibaba shares, Suning.com responded to 36Kr's statement that this year the company will quickly advance its large-scale development strategy, actively expand channel resources, enrich product types, and improve service experience, while increasing investment in logistics, technology and other fields. Based on this, the company, based on the securities market conditions and considers the company's asset allocation, investment activities and funding needs, sells the Alibaba Group shares held by the company at an appropriate time. (36kr)
4. Hema executives angrily criticized JD’s “unmanned restaurant” for suspected plagiarism: they were "happy"
Recently, at the JD 618 JD CUBE conference, Xiao Jun, president of JD X business unit, revealed that JD will launch JOY'S smart restaurant in August this year. It is reported that the smart restaurant will unmanned ordering, cooking and delivering dishes. This year, the robot chef will cook for the first time and provide more than 40 dishes from eight major cuisines. By 2020, restaurant technology and recipes will be opened to the public, and 1,000 national franchise stores will be opened. In response, Wen Xian, a senior logistics expert in Hema Fresh and project manager of Nanxiang Robot Restaurant, posted a message on his Moments to angrily criticize JOY'S Smart Restaurant for plagiarism, bluntly saying that he was "happy". Wen Xian said that in September last year, he began to preside over the design and operation of Hema Shanghai Nanxiang Robot Restaurant. He stepped on a lot of big and small pits along the way, and finally started operation in January this year. (Lianshang.com)
5. Wanda, Tencent, Gaopeng established a network technology company to merge with Feifan and other businesses
On May 30, Wanda, Tencent and Gaopeng announced that the three parties will set up a joint venture network technology company to fully create a world-leading new consumption model for online and offline integration. The equity distribution of the joint venture is: Wanda Commercial Management Group holds 51% of the shares; Tencent holds 42.48% of the shares; Gaopeng holds 6.52% of the shares. The chairman of the new company is Qi Jie, president of Wanda Business Management Group, and the CEO is Gao Xia, recommended by Tencent and CEO of Gaopeng. In addition, the newly established network technology company will inject some businesses such as Wanda NetTech Company's original Feifan; Tencent will invest in high-quality resources such as online traffic; Gaopeng will integrate into electronic invoices and other businesses. (Lianshang.com)
6. Daily consumer goods import tax will reduce cosmetics and other products to 2.9%.
On May 30, it was learned that the State Council Executive Meeting issued a notice to reduce import tariffs on daily consumer goods. Among them, the average tax rate for clothing, shoes and hats has been reduced to 7.1%, household appliances have been reduced to 8%, the average import tariff for aquatic products has been reduced to 6.9%, and cosmetics and other products have been reduced to 2.9%. It is worth noting that the meeting also decided to complete the revision of the negative list for foreign investment access by July 1. (Yibang Power)
Internet news
7. Shenzhou Youche issued 10 billion yuan first O2O auto e-commerce ABS in the country
CICC-Shenzhou Youche Auto’s Accounts Receivables Phases 1-25 Asset-backed Special Plan was approved by the Shenzhen Stock Exchange. The plan is managed by CICC, and adopts the shelf issuance model, with a total amount of 10 billion yuan and the issuance period shall not exceed 25 periods. Based on the accounts receivable claims arising from consumers' installment payments from new cars and quasi-new cars on China Buy Car Buy Cars, the first issue scale is approximately 454 million yuan and the term is 4 years. (Sina Technology)
8. Tencent Music's valuation may reach US$30 billion after IPO
Bankers expect Tencent Music's IPO to value the company to more than $30 billion, the Financial Times quoted people familiar with the matter as saying. One of the people familiar with the matter said the valuation will be partly determined by Spotify's share price performance when Tencent Music's IPO pricing. This valuation means that the IPO funding will reach as much as US$4 billion. Another banker added that Tencent is pushing for more conservative IPO prices to ensure solid post-listing performance. (Wall Street News)
9. Gao Weida: Co-investment with Ant Financial Subsidiary
Gaoweida announced that the company plans to sign the "Summary of Joint Venture Terms" with Yunxin Investment, a wholly-owned subsidiary of Ant Financial. The company, Yunxin Investment and Weida Jinke business team plan to jointly invest in Weida Jinke. Among them, the company plans to invest 60 million yuan in cash and use part of the intangible assets as a capital, accounting for 35% of the registered capital; Yunxin Investment plans to invest 180 million yuan, accounting for 45% of the registered capital; Weida Jinke's business team plans to invest 80 million yuan, accounting for 20% of the registered capital. (Sina)
Cross-border newsletter
10. The annual transaction volume of export cross-border e-commerce exceeds 6 trillion yuan
The E-Commerce Research Center of the domestic e-commerce think tank recently released the "2017 China Export Cross-border E-commerce Development Report". Driven by the "Belt and Road" initiative, China's export cross-border e-commerce transaction scale in 2017 was 6.3 trillion yuan, an increase of 14.5% year-on-year. The product categories are mainly distributed in 3C electronic products, clothing, home gardening, outdoor products, health and beauty, shoes, hats, luggage, maternal and baby toys, auto parts, lighting, etc.
Last year, China's exported cross-border e-commerce was targeted at more than 200 countries around the world, with 7 billion consumers. The main target countries include the United States, Russia, France, the United Kingdom, Brazil, etc. (China Financial News)
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