#Laogao E-commerce Newsletter# [E-commerce Morning News on June 19]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on June 19] 1. The cumulative order amount during JD.com 618 reached 159.2 billion yuan; 2. JD.com spent US$120 million to increase its holdings in Vipshop, and its shareholding ratio increased to 6.8%; 3. Google invested US$550 million in JD.com and will cooperate to develop retail solutions around the world; 4. Suning 618 Battle Report: Sales increased by 121% year-on-year; 5. As of 0:00 on the 18th, Liangpinpu JD.com's sales increased by 3 times...

　　E-commerce newsletter

　　1. The cumulative order amount during JD.com 618 reached 159.2 billion yuan

　　JD.com announced its transaction volume in the early morning, with the cumulative order amount from June 1 to 18 reaching 159.2 billion yuan, of which the amount of outbound orders increased by more than 37% year-on-year, and more than 90% of self-operated orders achieved same-day delivery or the next day. JD.com has joined forces with more than 500,000 stores and supermarkets to conduct an "unbounded carnival" that integrates online and offline. There are 27 unmanned warehouse projects at different levels, and the daily order processing capacity has increased by 1415% year-on-year. (Sina Technology)

　　2. JD.com spent US$120 million to increase its holdings in Vipshop, and its shareholding ratio rose to 6.8%.

　　Documents submitted by JD.com to the SEC recently showed that the company spent $120 million to increase its stake in Vipshop. As of June 13 this year, JD.com held a total of approximately 8.92 million Class A shares of Vipshop, and its shareholding ratio rose to 6.8% (TechWeb)

　　3. Google invested US$550 million in JD.com and will cooperate to develop retail solutions around the world

　　36Kr News, JD.com and Google have reached a strategic cooperation, and Google will invest US$550 million in JD.com and will cooperate on a series of strategic projects. One of them is the collaborative development of retail solutions in multiple regions around the world, including Southeast Asia, the United States and Europe. Under the agreement, Google will acquire 27,106,948 newly issued JD Class A common shares at an offer price of US$20.29 per share. (36kr)

　　4. Suning 618 Battle Report: Sales increased by 121% year-on-year

　　According to June 18, Suning.com announced the 618 battle report. Data shows that Suning.com's sales increased by 121% year-on-year.

　　Among them, the top three brands' sales are Apple, Midea and Haier; the top ones in single products include iPhone X, Midea Air Conditioner, Thai gold pillow durian, etc. (Yibang Power)

　　5. As of 0:00 on the 18th, the sales of Liangpinpu JD.com increased by 3 times.

　　According to the data provided by Liangpinpuzi, from June 1 to 0:00 from June 1 to 18, the cumulative sales of Liangpinpuzi JD flagship store increased by 300% year-on-year, the cumulative sales of Liangpinpuzi Tmall flagship store increased by 150% year-on-year, and the number of payment buyers increased by more than 250% year-on-year. (Yibang Power)

　　6. Suning unmanned vehicles will start operating in Beijing tomorrow, with a delivery range of 3 kilometers.

　　On the afternoon of June 17, Suning announced that the unmanned vehicle "Wolong No. 1" has completed the on-the-job test and will enter normal operation on the 18th. "Wolong No. 1" will undertake instant delivery services for online orders within 3 kilometers of the community around Suning Xiaodian. (Sina Technology)

　　7. Pinduoduo CEO Huang Zheng responds to recent storms

　　On June 18, Huang Zheng, chairman and CEO of Pinduoduo, held a media communication meeting for the first time since his three years of starting his business to respond to the above questions. Huang Zheng admitted that the recent storms had a great impact on his thoughts, "This is the first time since I worked, my mother called me and asked me what happened." In his opinion, Pinduoduo has reached a certain scale and has become a public company, and as a public company, it needs to assume the responsibility of explaining to the public.

　　In addition to responding to counterfeit goods and pornographic issues, Huang Zheng also said: "Whether Taobao or JD.com are search engine-style e-commerce, it is the e-commerce version of Google, the focus is on people looking for goods. When Pinduoduo wants to be an e-commerce version of Facebook, the focus is on finding people, which means that it needs to have more warmth and fun. It is essentially two species." Huang Zheng explained the essential difference between Taobao and Pinduoduo. In his opinion, the reason why Pinduoduo can grow explosively is due to the browsing methods of information flow and the emptiness of this track. (Beijing News)

　　8. Malaysian Prime Minister Meets Jack Ma: Hope to learn about the development of China's science and technology Internet

　　According to the afternoon news on June 18, Malaysian Prime Minister Mahathir met with Alibaba Group Chairman Jack Ma today. During the talks, Mahathir expressed his welcome to Alibaba and Chinese companies for investment in Malaysia three times in a row, and hoped to learn from China's technological Internet development and globalization process to strengthen the relationship between Malaysia and China. (Sina Technology)

　　Internet Information

　　9. Baidu: Li Yanhong's "miss three" and "illegitimate son" are rumors that he has filed a lawsuit

　　On the evening of June 18, Baidu's official Weibo account issued a statement saying that "the vicious rumors about Baidu Company and Mr. Li Yanhong and his family are false in the content", and said that "they have reported the case to the public security organs in accordance with the law and filed relevant lawsuits with the court to hold those who spread rumors and spread rumors legally responsible in accordance with the law" (Sina Technology)

　　Cross-border newsletter

　　10. MaFrance, the first Sino-France cross-border e-commerce company, explores the new model of customs tax integrated payment

　　Recently, MaFrance, France's first B2C China-France cross-border e-commerce platform, announced that it will participate in the first China International Import Expo held in Shanghai from November 5 to 10 this year. On June 14, Ms. Florence Poulet, founder of MaFrance, introduced the progress of the project to the media and guests at the Paris press conference. Former French Interior Minister Bruno Le Roux, and Lyazid Benhami, Vice Chairman of the Paris-France-China Friendship Association, attended and spoke. The press conference also discussed the new trends of China-France cross-border e-commerce in the context of globalization. (People's Daily)

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