#Laogao E-commerce Newsletter# [E-commerce Evening News on June 7]

　　#Laogao E-commerce Newsletter# [June 7 E-commerce Evening News Brief] 1. Liu Qiangdong talks about social e-commerce: it will become the next trend, but the brand quality cannot be subverted; 2. Jumei Youpin plans to sell 4% of Babytree Group's equity to cash out US$86.5 million; 3. Investment banks are asked to choose one of Alibaba and Tencent, and can only serve one of them; 4. Rosen China accelerates its development in East China and welcomes the 1,000th store; 5. Heytea Marries L'Oreal Paris launches cross-border beauty lipstick for the first time...

　　1. Liu Qiangdong talks about social e-commerce: It will become the next trend, but the brand quality cannot be subverted

　　JD Group CEO Liu Qiangdong believes that social e-commerce will become the next trend, but brand quality cannot be subverted. He said that the emergence of a new business model of social e-commerce is another attempt by the e-commerce industry and a process of returning. Whether it is social e-commerce, e-commerce or retail, the essence is brand quality, and no one can subvert this rule. (36Kr)

　　2. Jumei Youpin plans to sell 4% of Babytree Group's equity to cash out US$86.5 million

　　Jumei Youpin recently announced that the company has signed a certain agreement to sell its 4% stake in the parenting website BabyTree Group.

　　Under the agreement, Jumei Youpin will sell Babytree shares to third-party investors for approximately US$86.5 million, accounting for about 4% of Babytree's total issued shares after the transaction is completed.

　　After the above transaction is completed, Jumei Youpin will also hold approximately 3.33% of the equity of Babytree Group.

　　According to data, Babytree was founded in March 2007 and has previously received capital injections from many institutions such as Jingwei Venture Capital, SIG, Broadband Capital, and Future Future. (Lianshang.com)

　　3. Investment banks are asked to choose one of Alibaba and Tencent, and can only serve one of them.

　　The competition between Alibaba and Tencent continues to the investment banks that do their business.

　　According to the Financial Times, the two companies require them to provide financial services such as stock offerings, investment and mergers and acquisitions. Investment banks: if they take over their own business, they can no longer take over each other's business.

　　Ant Financial, which is completing a $10 billion financing, has signed "very strict non-competitive agreements" with many banks to prevent them from working for Tencent and its affiliates, an investment banker revealed.

　　Industry insiders believe that the two companies do this for two reasons. One is the so-called "loyal corporate culture", and they are unwilling to hire "investment banks that may work for your competitors in the future"; the other may be more important: both companies require that the company's situation be strictly kept confidential in front of their competitors. (Curiosity Daily)

　　4. Rosen China accelerates its development and welcomes its 1,000th store in East China

　　On June 7 (Today), Shanghai Luosen welcomed its 1,000th store in East China.

　　Luo Sen has been deeply engaged in China for 22 years. In 1996, as the first Japanese convenience store in mainland China, Rosen brought Japanese food culture such as boiling and sushi, cordial greetings, and warm 24-hour service into the Chinese market, gradually integrating into the lives of local citizens.

　　In July 1996, Luo Sen Mainland's first store settled in Shanghai, China, and by March 2016, it entered Chongming area, becoming the first foreign-funded convenience store with full coverage in Shanghai. (Lianshang.com)

　　5. Heytea Marriage L'Oreal Paris launches cross-border cosmetic lipstick for the first time

　　In recent years, catering has been keen on launching various co-branded peripherals with various clothing and beauty brands in order to attract more young consumers.

　　Recently, Heytea also joined hands with L’Oreal Paris to launch its cross-border joint beauty lipstick for the first time. At the same time, the gift box also includes fresh grape seed essence as fresh as Zhizhi Heizhi. In addition to the lipstick gift box, Heytea has also launched a HEYTEA COLOR membership card. (Lianshang.com)

　　6. Through the antitrust review by the Ministry of Commerce, Liqun shares officially acquires Lotte Mart

　　On the evening of June 6, Liqun Commercial Group Co., Ltd. (hereinafter referred to as "Liqun Shares") issued an announcement stating that the company received the "Decision on the Resolution of No Further Review of Anti-monopoly Review of Operators Concentration" issued by the Anti-Monopoly Bureau of the State Administration for Market Regulation.

　　The content shows: "According to Article 25 of the Anti-Monopoly Law of the People's Republic of China, after preliminary review, it is now decided that the case of Liqun Commercial Group Co., Ltd.'s acquisition of Hong Kong Fengjie Co., Ltd. will not be further reviewed. Your company can implement centralization from now on. The case involves other matters other than the anti-monopoly review of operator concentration and shall be handled in accordance with relevant laws."

　　According to Liqun, the company has obtained foreign investment licenses from the Development and Reform Commission and the Ministry of Commerce. The approval of the anti-monopoly review also means that Liqun shares have officially completed the acquisition of Lotte Mart. (Lianshang.com)

　　7. More than 5 companies have revenue of over 2 billion yuan and their performance has recovered

　　The domestic clothing retail industry, which was once criticized, continued its positive trend after the bottoming out last year, this year. In the first quarter, 80% of domestic listed clothing brands achieved double growth in revenue and net profit, and the growth rate of e-commerce channel sales also increased significantly. According to data from the National Bureau of Statistics, the national retail sales of clothing above the limit in the first quarter of this year increased by 9.8% year-on-year, and the growth rate increased to an average of the total retail sales of consumer goods in the whole society during the same period, while the retail sales of online clothing products increased by 33.9% year-on-year. During the period, 31 A-share listed clothing companies achieved cumulative revenue of 31.355 billion yuan and net profit of 3.442 billion yuan. (Lianshang.com)

　　8. Shenzhen’s new online car-hailing policy: It must be a pure electric car from August 1st

　　The latest news is that from August 1, newly registered online car-hailing vehicles in Shenzhen must be electric vehicles. Non-pure electric vehicles are prohibited from registering new online car-hailing vehicles. At the same time, pure electric trucks will enjoy the priority of road rights, and light electric trucks are allowed to drive on other roads except Shennan Avenue! (Sina Technology)

　　9. Amazon, the e-commerce platform that Germans visit the most is ranked first

　　Recently, Innofact, an authoritative German market research organization, analyzed which e-commerce platforms its own consumers spend the most time on. The results show that the familiar Amazon, eBay, Wish, and AliExpress are all in the top ten. Among them, Amazon performed the best, ranking first, and AliExpress performed the worst among these four platforms, ranking sixth. (Yien.com)

　　10. Australia decides to impose 10% VAT on cross-border e-commerce

　　According to Xinhua News Agency, the latest data shows that Australians are enthusiastic about online shopping, with online sales increasing by 250% compared with the same period last year, which puts huge pressure on Australian retailers. According to multiple local media reports, the Australian government will impose 10% VAT on cross-border e-commerce starting from July 1. (Securities Times)