#Laogao E-commerce Newsletter# [E-commerce Morning Newsletter on June 15]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on June 15] 1. Hong Kong media: Xiaomi’s stock issuance on June 25, and securities firms have prepared HK$155 billion margin loans; 2. Shentong Express transfers its 9.09% stake in Fengchao Technology for 800 million yuan; 3. Vipshop and JD jointly released a report: current consumption is "de-genderization"; 4. Fresh food e-commerce platform Farmdrop received a £10 million Series B financing; 5. The first full version of 5G global standard was released in China..

　　E-commerce newsletter

　　1. Shentong Express transfers 9.09% of its shares in Fengchao Technology for 800 million yuan

　　In the early morning of June 15, Shentong Express (002468.SZ) issued an announcement stating that its wholly-owned subsidiary Shentong signed the "Equity Transfer Agreement on Shenzhen Fengchao Technology Co., Ltd." with Shenzhen Weirong on June 14, 2018, transferring its 9.0948% equity in Fengchao Technology at a price of RMB 818.53 million. (Chuangyebang)

　　2. Pinduoduo: Among the 14 problematic merchants who "protect their rights", 7 have sold counterfeits.

　　Pinduoduo issued a statement saying that among the 14 problematic merchants gathered on site yesterday, 7 were selling fake sales, 6 were inconsistent with product descriptions, and 1 was infirmly shipped. According to the "Platform Cooperation Agreement", Pinduoduo will deduct "consumer compensation" from the problem merchants according to the corresponding circumstances. All the "consumer compensation" deducted have been compensated for the relevant consumers, and Pinduoduo will not withdraw the penny. The so-called "relying on fines merchants to make profits" is purely a misunderstanding, and in fact it is absolutely impossible to happen. (36Kr)

　　3. Vipshop and JD jointly released a report: current consumption is "degenerative"

　　On June 14, on the eve of Vipshop's 6.16 and JD.com's 6.18 promotions, the two platforms used their big data advantages for the first time to jointly release consumer trend insight reports after cooperation in traffic entrances, joint marketing and other cooperation. The report is titled "Degenerative Consumption? China's Gender Consumption Trend Report". With consumption upgrade as the general background, it proposes a new concept called "degenerative Consumption".

　　"Degenderization" refers to the new trend mentioned at the beginning - the consumption difference between men and women is weakening. According to the statement of the report, if the post-60s, 70s, and even 80s witnessed the introductory period of this trend, then the post-90s and 95s, who have gradually become the main consumer force, have actually pushed this wave of trend to a climax. (Interface News)

　　4. JD Logistics introduces more than 150 hydrogen energy logistics vehicles to help 618

　　On June 14, JD Logistics announced the introduction of more than 150 hydrogen energy logistics vehicles in Shanghai, ending the preliminary testing work, officially operating normally, supplementing the peak logistics capacity, and supporting 618. More than 150 hydrogen energy logistics vehicles are officially operated on JD Logistics, helping 618. (Lianshang.com)

　　5. Farmdrop, a fresh food e-commerce platform, received £10 million in Series B financing

　　Farmdrop received a £10 million Series B funding funding, with investors including LGT Impact Ventures, Belltown Ventures and early-stage investor Atomico. Farmdrop has previously received two rounds of financing, and after the completion of this round of financing, it received a total of £20 million. Farmdrop is an e-commerce platform that directly connects B-end producers and consumer terminals, providing consumers with the freshest ingredients. (techcrunch)

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　　6. Hong Kong media: Xiaomi’s stock issuance on June 25, and securities firms have prepared HK$155 billion margin loan

　　Xiaomi’s stock issuance on June 25, and 11 Hong Kong brokerages have prepared a total margin loan of approximately HK$155 billion for Xiaomi’s IPO. (Hong Kong Economic Daily)

　　7. Ninety percent of AI companies suffer losses: Artificial intelligence suffers from the pain of commercial implementation

　　The "2018 China Artificial Intelligence Business Implementation Research Report" shows that in 2017, China's AI startups received cumulative financing of more than 50 billion yuan, but in 2017, the cumulative revenue generated by the top 100 AI commercial Implementation startups in 2017 was less than 10 billion yuan, and more than 90% of AI companies were in the red. The artificial intelligence industry has a loud thunder and little rain. AI is suffering from the pain of commercial implementation, which is a consensus among industry insiders. (Science and Technology Daily)

　　8. Tencent Music will be listed on the US stock market before the end of the year, and management will lower its revenue and earnings forecasts by more than 20%.

　　According to the self-media "IPO Early Knows", Tencent Music has started preparations for listing in the United States and hired an investment bank to officially start its work. However, in communication with investment banks, management lowered its previous business forecasts, lowering its revenue forecasts and earnings forecasts by more than 20%. (36Kr)

　　9. China makes important contributions to the first full version of 5G standards

　　On June 14, 3GPP officially approved the freezing of the fifth-generation mobile communications (5G) independent networking standard, which marks the release of the first full version of the global unified 5G standard. At this point, 5G has completed the first phase of full-function standardization and has entered the stage of comprehensive industry sprint.

　　The SA (Standalone) standard passed this time allows 5G NR to have the ability to form independent networking, and at the same time, it will break the barriers of different standards and standards and form a global unified standard. China plays an important role in the formulation of 5G standards. (Chuangyebang)

　　Cross-border newsletter

　　10. Amazon launches home services in the UK

　　Recently, after Amazon launched its home services in the United States, it will also be launched in the UK. Amazon Home Services allows consumers to book professional assemblers, handymen, cleaners, plumbers, gardeners and installers.

　　It is understood that Amazon Home Services currently provides services in Greater London, England, southeast England, Manchester, Birmingham, Nottingham, Southampton and other places. Currently, to be an Amazon Service Provider is only invite-only, all service providers and technicians must undergo a background review to obtain a license (if applicable). Meanwhile, simply adding services to the basket, consumers can choose the appropriate service appointment date and time at checkout and then pay after the service is completed. (Hugo.com)

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