#Laogao E-commerce Newsletter# [E-commerce Morning Newsletter on June 14]

　　#Laogao E-commerce News# [E-commerce Morning News on June 14] Didi: locally restore hitchhiking night orders only allow same-gender rides; Tencent plans to acquire 10% of the shares of Blue Hole, a developer of PlayerUnknown's Battlegrounds for US$500 million; Walmart launches high-end private shopping guide service website Jetblack; Liu Qiangdong: JD.com is an industry that never looks perfect...

　　E-commerce newsletter

　　1. This time it is true! JD.com returns to C2C

　　JD.com’s group buying platform “JD.com Group Purchase” has been opened to individuals, and individuals can formally apply for entry from June 1st. It is reported that individuals can apply for opening a store with their ID card. JD.com Grouping allows individual merchants to choose the category of [unbranded products] (except for pressure cookers, fresh-keeping boxes, plastic water cups, electric blankets, and hand warmers). However, the fees required by merchants entering include a warranty of RMB 10,000, the platform usage fee of RMB 500 per month and a deduction of RMB 1% (merchants entering before August 31 can reduce the platform usage fee). (Yibang Power Network)

　　2. Vipshop JD.com jointly released its first report, the rise of degenerative consumption

　　On June 14, Vipshop and JD jointly released their first report - "Degenerative Consumption•China Gender Consumption Trend Report". The report first proposed an important trend in the current context of consumption upgrading in China - degenerative consumption, that is, with the improvement of men's self-image management awareness and the changes in the division of labor between the two genders, traditional consumption demand based on gender label definition is changing, and the gender boundaries of consumption are gradually blurring. (36Kr)

　　3. Suning denies "disable JD Logistics": to maintain consistency in user selection

　　According to June 13, at the beginning of this month, an online news broke that "Suning ordered merchants to ban JD Logistics, otherwise they would close the store directly." According to the screenshot of the online picture leak, "Everyone, it is prohibited to use JD Logistics to send our company's sales orders. Once it is discovered, the center will promote other sales channels in the future and punish them with 24 points each time. I hope you know!" In addition, the screenshot also shows, "JD Logistics is not just a punishment, it is prohibited! No merchant will tolerate it! If you do not listen to dissuasion again and again, the management center will directly close the store and report to the group and put it on the blacklist!" (TechWeb)

　　4. WeChat open product search: a new trillion-dollar market is about to open

　　On the evening of June 13, the long-rumored WeChat "Product Search" was officially released. After many attempts, Yibang confirmed that "Souse Yisou" can now realize direct search and display of most categories of products. As of press time, all product search results are from JD.com. After clicking on the required item, you can directly enter the product details page of JD.com applet to place an order and pay.

　　5. During the 618 period, Xiaomi’s official flagship store will be officially launched in Pinduoduo

　　Xiaomi’s official flagship store will officially enter Pinduoduo on June 16, and new products such as Xiaomi 8, Redmi 6, and Xiaomi Bracelet 3 will also be sold simultaneously in Pinduoduo. It is understood that Xiaomi is the first official flagship store of a first-tier mobile phone manufacturer to settle in Pinduoduo. It will launch multiple popular products such as mobile phones, digital accessories, audio, bracelets, etc. in the first phase. In the later stage, it will achieve full category coverage, such as Xiaomi TV, Xiaomi trolley case and all Mijia products. (36Kr)

　　Internet news

　　6. Liu Qiangdong: JD.com is an industry that never looks perfect

　　Liu Qiangdong recently pointed out in his speech at Oxford University that if an industry is perfect and (on the surface) almost no problem can be seen, JD.com never touches it because it means there are almost no opportunities for you; if you find that an industry is too messy and too bad, it is simply terrible, that is a huge opportunity. You must go in. As long as your business model can solve the problem, there will definitely be a chance of success. (36Kr)

　　7. Didi: Only the same-sex co-occurring order will be allowed to be carried in the night

　　Didi: Only the same-sex co-op will be allowed to be shared by the local hitchhiking order! The escort mode and safe co-built card function will also be launched on a small scale on June 22. At the same time, Didi Express, Youxiang, Carpooling and Minibus will also record the audio function during the test itinerary in a small number of domestic cities this month! (Sina Technology)

　　8. Tencent plans to acquire 10% of the shares of Blue Hole, a developer of PlayerUnknown's Battlegrounds, for US$500 million

　　The Wall Street Journal quoted sources familiar with the matter today as saying that Tencent will acquire at most 10% of the shares of Bluehole Inc, a well-known South Korean PC game developer. Bluehole has developed games such as PlayerUnknown's Battlegrounds. According to reports, Tencent plans to acquire up to 10% of the latter's shares from current shareholders of Blue Hole for more than $500 million. The two sides are close to reaching an agreement, and the transaction may also introduce other investors. (Titanium Media)

　　9. Cheduoduo received US$17.7 million in Series A financing, led by Huachuang Capital

　　Recently, Beijing Haocheduoduo Technology Co., Ltd. (referred to as "Cheduoduo"), a "new service" platform for used car transactions, announced that it has obtained a Series A financing. The total amount of this round of financing is US$17.7 million, led by Huachuang Capital, and followed by multiple investment institutions and individuals including Yixin Group, Li Xingxing, and Source Code Capital. Huachuang Capital and Source Code Capital are both well-known investment institutions in the fields of finance and technology, focusing on investment in new finance, new industries and new consumption fields. (Titanium Media)

　　Cross-border newsletter

　　10. Walmart launches high-end private shopping guide website Jetblack

　　Recently, Walmart, the world's largest retailer, launched services for high-end users. On the newly launched shopping website called Jetblack, users can get a personalized product recommendation from a private shopping guide, and the goods will be delivered to their door on the same day or the next day.

　　It is understood that Walmart is known for providing cheap and affordable products, and Jetblack is seen as a step for Walmart to compete for high-end users under the heavy pressure of Amazon. (Hugo.com)

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