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E-commerce Morning News on September 18

2019-09-18

  #Laogao E-commerce Newsletter# [E-commerce Morning News on September 18] Tmall: The scale of the domestic snack food market has exceeded one trillion yuan; it launched Double Eleven to prepare for Suning's "S+ Brand" to hit the hot product; this year's Alibaba International Station Procurement Festival GMV doubled year-on-year; Hello Travel registered users reached 280 million, and it has entered more than 360 cities across the country; Luo Yonghao responded to the relationship with Fulu: no interest relationship...

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  1. Ant Financial acquires global payment giant WorldFirst

  According to September 18, it is reported that the British cross-border payment company WorldFirst has completed the ownership change and has become a subsidiary of Ant Financial Group. Ant Financial issued a statement saying, "Alipay and WorldFirst will enable us to better serve small and micro enterprises, promote inclusive financial services around the world, and promote sustainable development of the global economy." (E-commerce News)

  2. Tmall: The domestic snack food market size has exceeded one trillion yuan

  On September 17, Tmall and the First Financial Business Data Center released the "2019 Nut Roasted Industry Consumer Insight Trend White Paper". The white paper shows that as of 2018, the scale of the domestic snack food market has exceeded one trillion yuan. Among them, salty snacks, nut foods and puffed foods ranked first to third in the total sales of various snack foods. The Tmall white paper also shows that the overall development of China's nut roasted goods industry is showing six major trends: new flavors, new products, new scenarios, cross-border joint branding, "popular people bringing goods", and film and television implantation. (Sina Technology)

  3. Alipay brand light store debuts and fully connects Tmall

  On September 17, the first product after the Alipay mini program was connected with Tmall, the brand light store mini program, was officially unveiled. Brand merchants do not need to develop separately, and they can automatically generate Alipay by simply configuring the new retail workbench on Tmall. (E-commerce News)

  4. Start Double Eleven to prepare for Suning’s “S+ Brand” hits the hottest model

  On September 17, it was learned that Suning launched a partner conference, with five special sessions including home appliances, consumer electronics, fast-moving consumer goods, fashion department stores, and group shopping, officially kicking off the preparations for Double Eleven. On Double Eleven this year, Suning will focus on S+-level hot products, content e-commerce, Dajuhui, limited-time grabbing and sinking markets.

  According to the relevant person in charge of Suning.com, on this Double Eleven, in terms of category dimension, Suning's sub-categories concentrate all resources on both parties to invest 1-2 products to carry out strategic cooperation; formulate GMV commitment goals, and Suning and its partners jointly operate and recommend it. (Yibang Power Network)

  5. This year's Alibaba International Station Procurement Festival GMV doubled year-on-year

  On September 17, Alibaba International Station recently announced the latest report on the first week of September Procurement Festival.

  Data shows that the actual GMV of the first week of the September 2019 Purchase Festival increased by 139% year-on-year, the number of orders increased by 113% year-on-year, and the number of buyers increased by 94% year-on-year, and it exceeded the actual transaction volume of the first day of the September 2018 Purchase Festival in just 2 hours and 35 minutes.

  The actual transaction volume of the Belt and Road countries increased by 133% compared with last year's procurement festival. Among the top 5 year-on-year growth rates, the first was India and Russia, followed by Saudi Arabia, the UAE and Italy, with specific growth rates reaching: 186%; 184%; 158%; 139%; 134% respectively. (Yibang Power Network)

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  6. Tencent Cloud comprehensively upgrades elastic computing product serial computing performance to improve 30%

  On September 18, Tencent Cloud announced that its elastic computing product sequence has been fully upgraded in terms of technology and performance, and released a number of new computing examples. The overall performance of the newly upgraded computing product sequence is improved by 30%, which can provide users with more diverse and flexible computing product choices. (E-commerce News)

  7. Airbnb Co-founder: The results of entering China exceed expectations

  On September 18, Airbnb co-founder, global chief strategy officer and chairman of China, Bai Siqi said that the current results are definitely beyond our expectations. In fact, our expectations are very low, which is precisely because we have heard too many previous companies' failure cases; we have made many attempts in China's localization strategy, such as payment methods; we have seen huge growth potential in third- and fourth-tier cities. (E-commerce News)

  8. Hello Travel has registered users for the third anniversary of its third anniversary and has entered more than 360 cities across the country.

  On the occasion of its third anniversary, Hello Travel announced that the number of registered users reached 280 million as of September 17, and is still growing rapidly. Data shows that as of now, Hello Bicycle has entered more than 360 cities across the country, with a total cumulative riding mileage of 18.98 billion kilometers. In addition, Hello assisted vehicles have entered nearly 260 cities, with a total cumulative riding mileage of 2.149 billion kilometers. Statistics show that over the past three years, Hellobike's cumulative carbon emission reduction has been reduced by 1.47 million tons, equivalent to planting 78.74 million trees. TechWeb)

  9. Luo Yonghao responded to the relationship with Fulu: No interest relationship

  On September 17, Luo Yonghao, who has been standing on the platform for Ono Electronic Cigarette, just issued a statement on Weibo saying that he has no interest or cooperative relationship with FLOW Electronic Cigarette, and emphasized that he is one of the main partners of Ono Electronic Cigarette.

  The following is the full text of Weibo:

  Because there are too many misunderstandings, I solemnly declare that FLOW e-cigarettes have no interest or any form of cooperative relationship with me. I helped FLOW release products just because it had many old colleagues of mine in its founding team. I am one of the main partners of Ono Technology Company, which Mr. Peng Jinzhou started his business. Apart from this, I have nothing to do with any other e-cigarette-related companies. (Europe)

  Cross-border newsletter

  10. Thailand may provide a 50% tax exemption policy to encourage enterprises to move from China to their home country.

  It is reported that the Thai government recently announced a series of incentives to encourage enterprises to move production from China to Thailand. According to foreign media reports, in order to attract companies affected by the Sino-US trade war, incentive policies will include a 50% tax exemption. It is understood that in order to qualify for the reward, companies must invest US$32.7 million (1 billion baht) or more in Thailand and complete the investment by 2021. The report said Thailand's approved investors' corporate income tax obligations will be cut in half within five years. (Hugo.com)


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