#Laogao E-commerce Newsletter# [June 4 E-commerce Morning Newsletter]

　　#Laogao E-commerce Newsletter# [June 4 E-commerce Morning News] 1. Tmall 618: The transaction volume of clothing in 13 minutes exceeded the whole day last year; 2. Hema RT-Mart cooperative brand "Hot Ma" Suzhou started trial operation; 3. Lei Jun posted on Weibo that China's largest Xiaomi Home flagship store: Opened on June 16; 4. Didi Takeout Nanjing starts war: 1 yuan to settle lunch, and orders are full; 5. Bezos' net worth increased to US$135.5 billion, more than 7 times Musk's net worth; 6. Xiaomi's listing hearing on June 7 was announced in early July...

　　E-commerce newsletter

　　1. Tmall 618: The transaction volume of clothing in 13 minutes exceeded the entire day of last year

　　According to June 1st, only 13 minutes after 0:00 on June 1st, during the Tmall 618 Ideal Life Carnival Season, Alibaba said that the transaction volume of the clothing industry exceeded the entire day last year. The transaction volume of the mobile phone appliance industry exceeded the entire day of last year in the 8-hour period. Within 10 minutes of the opening, the transaction volume of brands such as Apple, Haier, Midea, and Aux exceeded 100 million. Fresh food broke the whole day of last year's turnover in 35 minutes, and Tmall 618 sold 540,000 crayfish in one hour. (NetEase Technology)

　　2. Hema RT-Mart cooperative brand " Hot Ma " Suzhou starts trial operation

　　The first HaXiaoma store has a business area of ​​about 800 square meters, focusing on fresh food categories, with a proportion of fresh food area of ​​more than 50%. In addition, sports goods have been introduced. Consumers place orders on Taobao Taobao through mobile phones, and HaXiaoma supports 3 kilometers of delivery around the store, and delivers 1 hour to home delivery. From the perspective of business format, it is more like a medium-sized community convenience store and a reduced version of Hema. (Pintu)

　　3. Lei Jun posted on Weibo that China's largest Xiaomi Home flagship store: Opened in Nanjing on June 16

　　Lei Jun recently posted on Weibo that the largest Xiaomi Home - Xiaomi Home Nanjing flagship store. The store is located in Nanjing Jingfeng KINGMO and is currently in trial operation with an area of ​​more than 700 square meters. In January this year, the number of Xiaomi Home stores nationwide exceeded 300. Lei Jun previously stated that he would open more than 1,000 offline stores in the country in three years. (Lei Jun Weibo)

　　4. Didi Takeout starts in Nanjing: 1 yuan to settle lunch, orders are full

　　Didi Takeout landed in Nanjing on June 1 and still fought a subsidy war. During the peak period of the first day, riders' subsidy was generally 15 yuan per order, while in Wuxi it was a subsidy of 18 yuan per order. The high subsidies have led to a surge in order volume, reducing user experience, and some consumers only deliver it 2 hours after ordering. While Didi Takeout entered Nanjing, Meituan announced that it will launch the taxi advance payment function in the near future. (AI Finance and Economics)

　　5. Bezos' net worth increased to US$ 135.5 billion, more than 7 times Musk's net worth

　　According to foreign media reports, thanks to the rise in the stock price of the company he founded, Bezos' net worth has also increased significantly, and his current net worth is more than 7 times that of Musk, known as the Iron Man of Silicon Valley. According to data provided by Forbes' real-time rich list, Bezos' current net worth is US$135.5 billion, firmly ranking in the world's richest man, leading Gates, the second-ranked net worth US$42.6 billion, while Gates' net worth was US$92.9 billion during the same period. TechWeb)

　　Internet news

　　6. Xiaomi's listing hearing on June 7 was announced . Hong Kong stocks were listed in early July .

　　According to the Hong Kong Economic Daily, Xiaomi's listing has entered a critical process. It is rumored that it will hold a listing hearing on Thursday (7th). The stock issuance will be raised by more than US$7 billion (about HK$54.6 billion) as of the end of the month, and will be listed in early July.

　　In addition to being listed in Hong Kong, the two Xiaomi Homes in Hong Kong have exceeded expectations and will continue to open stores in Hong Kong in the future and shorten the time gap between the mainland and Hong Kong to release new products. In addition to self-operated retail stores, Xiaomi will initially set up a Xiaomi zone in 50 3 HK and Fengze stores, and will expand it in the future. (PingWest)

　　7. MIT graduates will receive a blockchain diploma this month

　　According to the afternoon of June 3, Beijing time, blockchain technology allows MIT graduates to manage their academic resumes digitally.

　　Learning Machine, a software company based in Cambridge, Massachusetts, USA, and the MIT Media Lab and the Registration Office, can choose to download blockchain wallets, store securely and share their diplomas.

　　MIT Technology Review reported that after the initial pilot project was successful, MIT decided to provide blockchain wallet services to all new graduates starting this month. (Sina Technology)

　　8. Meitu CEO Wu Xinhong : Meipai took the initiative to remove the shelves and suspended updates for 30 days

　　On June 2, Wu Xinhong, founder and CEO of Meitu Company, publicly released an apology letter entitled "Active rectification and jointly build a Qinglang Network", saying that there were content and phenomena on Meipai that did not conform to the core socialist values. He decided to actively stop updating the content of Meipai popular channels for 30 days, live channel content for 15 days, Android and IOS application stores were removed for 30 days, and the Meipai "Campus" channel was closed from the shelves. (NetEase Technology)

　　9. Toutiao sued Tencent: demanding an apology and compensation of 90 million yuan

　　36Kr news, Toutiao stated that in response to "Tencent QQ space intercepting and blocking headline web links" "Tencent security manager blocking and blocking headline web links as security software", Toutiao has sued Tencent, and both cases have been filed by the Haidian District People's Court on June 1. A relevant person in charge of Toutiao said that Toutiao requires Tencent to immediately stop all unfair competition, publicly apologize and compensate Toutiao Company for a total of RMB 90 million in economic losses. (36kr)

　　Cross-border newsletter

　　10. Australia's e-commerce booming platform grew by 74.8 %

　　On May 28, Australia Post released the "Australia Online Shopping Report 2018". According to the report, Australians spent $21.3 billion online in 2017, an increase of 18.7% from 2016, and these online expenses account for about 8% of traditional retail sales (excluding cafes and restaurants).

　　Among them, local Australian retailers account for more than 80% of total online spending. The Australian Post predicts that by 2020, 10% of Australians’ products will be purchased online.

　　The data also shows that in 2017, e-commerce platforms and discount department stores were the favorite shopping sites for online shoppers. “E-commerce platforms including Amazon, eBay and Etsy are all thriving, growing 74.8% last year alone,” said Ben Franzi, general manager of parcels and express business at Australia Post. (Yibang Power)

 Click to register to apply to join the well-known domestic e-commerce network - Laogao E-commerce Club. Any merchants from all over the country, Tmall merchants, Taobao Crown Store, Jinguan Store, and other e-commerce platform merchants can apply to join!

,