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#Laogao E-commerce Newsletter# [E-commerce Evening News on June 14]

2018-06-14

  #Laogao E-commerce News# [E-commerce Evening News on June 14] 1. Microsoft develops automatic checkout technology for unmanned stores to challenge Amazon's status; 2. JD.com will open its first campus super experience store in September; 3. Vipshop will join the first batch of traffic support plans for "fast applications"; payment institutions have received 11 fines in June, Meituan's Qiandaibao was fined for the third time; 5. Youxin is expected to raise US$437 million, a market value of US$3.5 billion...

E-commerce Evening News

  E-commerce newsletter:

  1. Microsoft develops automatic checkout technology for unmanned stores to challenge Amazon's status

  Microsoft is developing automatic checkout technology used in unmanned convenience stores, hoping to challenge Amazon in this area. Sources revealed that Microsoft is currently developing technology that can track products consumers put in their shopping carts. Three sources said Microsoft has demonstrated the technology to retailers around the world and is in conversation with Wal-Mart to discuss the possibility of cooperation. (Reuters)

  2. JD.com will open its first campus super experience store in September

  JD.com is focusing on the campus market, and many JD convenience stores appear on major campuses. It is reported that JD.com will open its first campus super experience store in September. According to JD.com, the campus super experience store covers an area of ​​about 500 square meters, and the multi-functional area composed of reading space, cultural salon, open office, dining, recruitment and other sectors in the store will occupy half of the area. 【Yibang Power News】

  3. Vipshop joins the first batch of traffic support plans for "Quick Applications"

  Vipshop joined the "First Phase Traffic Support for Fast Applications" activity, becoming the first leading e-commerce company in China to access "Fast Applications". Together with Ctrip and Ele.me, it has become the three main businesses of this traffic support plan. (IT Home)

  4. A large number of merchants went to Pinduoduo headquarters to protect their rights and said that they "freeze money at will"

  The relationship between merchants and Pinduoduo is gradually in a deadlock. Yesterday, a large number of merchants went to Pinduoduo Shanghai headquarters to protect their rights, and the two sides had a physical conflict. So far, Pinduoduo has not responded to this matter. (Source: Chuangyebang)

  Internet Information

  5. Alipay Huabei promotes "Bus Weekly Card": 30% off every time

  Alipay has launched the "Huabei Bus Weekly Card" service, which has the latest support for four cities: Zhengzhou, Shijiazhuang, Tai'an and Anyang. The operation method is as follows: Purchase the "Bus Weekly Card" in Alipay-My-Huabei-Value-Value. After purchasing, you can get 14 ride coupons of 0.3 yuan, which is equivalent to a 30% discount for every ride. You will automatically deduct it by swiping Alipay to take the bus. (Quick Technology)

  6. Tmall Elf initiated the establishment of "AI Alliance" to deploy smart homes

  Qianxue, head of Alibaba’s artificial intelligence laboratory, announced the establishment of the “Tmall Ghost AI Alliance” at the Asia Consumer Electronics Exhibition to jointly develop home intelligent networking devices based on voice interaction with partners. At the meeting, Qianxue also announced to developers that it will launch a smart network Bluetooth mesh communication module priced at only US$1 nationwide, and will be free to the top 10 million developers applying for free. (36Kr)

  7. China's 4G base stations have reached 3.39 million networks, ranking first in the world

  At the "2018 China Optical Website", Ao Li from the Institute of Technology and Standards of the China Academy of Information and Communications Technology introduced that as of Q1 2018, the number of 4G base stations in my country reached 3.393 million, and the scale of 4G network ranked first in the world, covering cities and villages deeply. The proportion of 4G users in mobile phone users has reached 72.2%. (C114 China Communications Network)

  8. In June, payment institutions received 11 fines, Meituan’s Qiandaibao was fined for the third time

  Since the beginning of this year, the central bank has issued more than 40 fines to third-party payment institutions, and as many as 11 fines disclosed in June alone. This is not the first time that many payment institutions have been "named" by the central bank. It is the third time that China Payment Payment and Meituan.com's payment institution "Qindaibao", have received fines. (Sina Technology)

  9. Youxin is expected to raise US$437 million and the market value may reach US$3.5 billion.

  Uxin submitted an updated F-1 prospectus to the Securities and Exchange Commission (SEC) on Wednesday, intending to issue 38 million ADS (American Depositary Receipts) in a U.S. IPO with a price range of between $10.50 and $12.50.

  If calculated based on the median price range, Youxin is preparing to raise US$437 million and its market value reaches US$3.5 billion. Youxin will determine the final issue price in the week on June 25.

  UXIN is scheduled to be listed on Nasdaq on June 27 with the code UXIN. Morgan Stanley, Goldman Sachs, JPMorgan Chase, China International Finance Hong Kong Securities Co., Ltd. and Huaxing Securities (Hong Kong) Co., Ltd. will serve as underwriters of Uxin.

  Cross-border e-commerce

  10. AliExpress’s promotion of “pointing topics into gold” is popular in Russia, with a bonus of up to 17 million rubles

  It is reported that AliExpress will launch the live question-answer game "AliExpress Trivia" on the C-end of Russia and Spain during the World Cup. At that time, a large number of overseas buyers will flock to AliExpress, bringing huge traffic to sellers' stores and products.

  It is understood that compared with other live question-answered games in Russia, AliExpress's activity bonus reaches up to 17 million rubles, and Spain's bonus also reaches 80,000 euros. Russia's first grand prize will be produced on June 14, the opening day of the 2018 World Cup.

  (Source: Hugo.com)


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