#Laogao E-commerce Newsletter# [E-commerce Evening News on June 21]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on June 21] 1. Ministry of Commerce: China's e-commerce has entered the "side-to-stop" stage, and some fields are "leading"; 2. JD.com will invest in India's B2B logistics platform; 3. WeChat responds to the mini program for house purchase: suspected of vulgarity and has been banned; 4. Alipay tries to enter the Japanese transportation system; 5. Chow Tai Fook wants to open a pop-up store in Shijiazhuang to move the most comprehensive products into %...

　　E-commerce newsletter:

　　1. Ministry of Commerce: China's e-commerce has entered the "side-to-stop" stage, and some areas are "leading"

　　The Ministry of Commerce held a regular press conference today. Spokesperson Gao Feng pointed out that from a global perspective, after more than ten years of development, my country's e-commerce has entered the "hand-by-hand" stage from the "follow-by-hand" stage, and has already taken the role of "leading" in some fields, such as market size and technology application. (Securities Times)

　　2. JD.com will invest in India's B2B logistics platform

　　JD.com plans to inject capital into B2B logistics platform Shadowfax, which is conducting a Series C financing. The scale of this round of financing may range from $18 million to $25 million. Shadowfax is India's largest crowdsourcing logistics delivery platform, with its business covering 75 cities in India, processing about 3 million orders per month, and providing logistics services to vertical e-commerce such as food and medicine. (interface)

　　3. WeChat responds to the mini program for house purchase: suspected of vulgarity and has been removed from the shelves and banned

　　Recently, media reported that many mini-house purchase programs have been launched in a low-key manner, but many of them are limited to women, and even suggest that women can do not have to pay. In response, WeChat stated that many mini programs and related public accounts such as "Inquiry on information about hotel room-sharing sofas" and related public accounts have violated the "WeChat Mini Program Platform Operation Specifications" and "WeChat Public Platform Operation Specifications". The platform has been removed from the shelves and banned. (Tencent)

　　4. Alipay tries to enter the Japanese transportation system

　　Alibaba recently cooperated with Japan's Orix Group to launch mobile payments in the Okinawa urban transportation system, and the verification experiment was held in June. This will be the first time that China's mobile payments have entered the Japanese transportation system. (Global Network)

　　5. Chow Tai Fook plans to open a pop-up store in Shijiazhuang to move the most comprehensive products into it

　　According to Chow Tai Fook's official WeChat, on June 22, Chow Tai Fook will open a jewelry pop-up store in Shijiazhuang Beiguo Mall Plaza.

　　It is reported that the entire pop-up store consists of three boxes, covering an area of ​​150 square meters and weighing 5 tons. Big red box, floor-to-ceiling glass windows, internet celebrity photo walls, and comfortable seating area. (Lianshang.com)

　　Internet Information

　　6. Pan Shiyi talks about capital and sharing economy: it is all caused by money and will not waste it so much without money.

　　On June 20, Pan Shiyi talked about the negative impact of capital on the sharing economy. He believed that the reason why the sharing economy now causes a lot of waste is due to money. "For these immature industries and immature entrepreneurs, it is a bad thing to give them money." (Big Boss Time Video)

　　7. China's 500 most valuable brands were announced in 2018, with State Grid, Tencent and Haier ranked first in the top three

　　On June 21, the analysis report of the 2018 World Brand Laboratory "China's 500 Most Valuable Brands" was released in Beijing a few days ago. In this annual report based on financial data, brand strength and consumer behavior analysis, State Grid topped the list with a brand value of 406.569 billion yuan. The top five are Tencent (402.845 billion yuan), Haier (350.278 billion yuan), Industrial and Commercial Bank of China (334.561 billion yuan), and China Life Insurance (325.372 billion yuan), and these brands have entered the world-class brand camp. (Titanium Media)

　　8. The World Cup Tourism Consumption Report shows that 100,000 Chinese people are expected to spend more than 3 billion to Russia

　　Recently, Ctrip released the "2018 World Cup Russia Tourism Consumption Report": During the World Cup, 100,000 Chinese tourists are expected to travel and watch games to Russia, ranking among the top three among tourists from various countries to Russia, and is expected to bring more than 3 billion yuan (RMB) in revenue to Russia. (Titanium Media)

　　Cross-border e-commerce

　　9. "618" cross-border e-commerce giants make efforts to place orders in Tianjin in a single day exceed 40 million

　　The reporter learned from the Municipal Commerce Commission that during the mid-year celebration of this year's "618" e-commerce, cross-border e-commerce industry giants such as JD.com, NetEase Kaola, Alibaba, Vipshop, and Xiaohongshu made efforts. On June 18, the city's cross-border e-commerce import orders reached 240,000 orders, and the import sales reached 40.315 million yuan, an order volume increased by more than 1 times compared with last year. (Northern Net)

　　10. Tencent may participate in the firstCry financing of Indian maternal and infant e-commerce.

　　According to Deal Street Asia, India's largest maternal and child e-commerce company FirstCry is in contact with several investors to raise $100 million to $150 million. The retailer has restarted negotiations with Temasek and is in contact with Tencent and a Chinese investment company to add a new round of financing, people familiar with the matter said. (36Kr)

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