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#Laogao E-commerce Newsletter# [June 25 E-commerce Morning Newsletter]

2018-06-25

  #Laogao E-commerce Newsletter# [E-commerce Morning News on June 25] 1. Jack Ma’s latest speech: There is no future in pure manufacturing and service industries; 2. Alibaba DingTalk releases a "new working method" DingTalk + Taobao creates a "king bomb" for new retail; 3. Suning invests 9.8 billion yuan to set up a new company with Evergrande Real Estate to expand Suning.com Plaza; 4. Weibo’s monthly active users exceed 400 million to explore a new ecosystem of fan economy; 5. It is said that ofo sells itself and does not hear it...

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  E-commerce newsletter

  1. Jack Ma’s latest speech: There is no future for pure manufacturing and service industries

  To embrace technology, embrace technology is extremely important.

  Do you think Hema Fresh is OK or RT-Mart is OK? Nowadays, Hema Fresh is so crowded everywhere in Shanghai, Beijing and Hangzhou. It’s just a different way of doing it and embrace technology. After we received RT-Mart, we are getting better and better now.

  We are not saying that we want to enter retail, Alibaba doesn’t want to do retail, I just want to tell everyone that retail can be done well, but just do it according to your method and want to withdraw to yesterday’s method, that’s not possible.

  Therefore, the manufacturing industry in the future will definitely be the service industry, and the service industry in the future will definitely be the manufacturing industry. Remember, the era of pure manufacturing may have passed, and the era of pure service industry has passed, not to mention that many people do not know what manufacturing is. (Excerpt from Zhenghe Island)

  2. Alibaba DingTalk releases "new working method" DingTalk + Taobao creates a "king bomb" for new retail

  On June 24, Alibaba DingTalk held a 2018 spring and summer new product launch conference in Shenzhen, releasing a package of product upgrades and hardware new products, including software upgrades including launching DingTalk's new campus recruitment, new commercial suite, etc., and the hardware includes intelligent access control D2 and intelligent printing cloud box P1.

  The most eye-catching thing on the scene was that Alibaba Group Executive Vice Chairman Cai Chongxin made a debut through a video to explain Alibaba’s thoughts on education poverty alleviation, and DingTalk’s new campus recruitment is a carrier for new technologies to promote information transparency and employment equity. DingTalk CEO Chen Hang (nickname Wuzhao) combined with the integration of DingTalk's software and hardware to define a new concept - "new working method", whose soul comes from fairness and transparency. (Lianshang.com)

  3. Suning invests 9.8 billion yuan to set up a new company with Evergrande Real Estate to expand Suning.com Plaza

  On the evening of June 22, Suning.com (002024.SZ) issued an announcement stating that the company's wholly-owned subsidiary Suning Commercial Management invested 9.8 billion yuan and jointly established Shenzhen Hengning Commercial Development Co., Ltd. (hereinafter referred to as "Hengning Commercial") with Evergrande Real Estate. Among them, Suning Commercial Management holds 49% of Hengning Commercial's equity.

  It is understood that Hengning Commercial's main business is only the development and operation of Suning.com Plaza required for the integrated operation of Suning.com online and offline, to meet users' one-stop shopping and leisure experience. This is the further strengthening of strategic partnership between Suning Appliance Group since 20 billion yuan was invested in Evergrande Real Estate in November last year. (Lianshang.com)

  4. Weibo's monthly active users have exceeded 400 million to explore a new business ecosystem for fan economy

  According to official Weibo data statistics, the 2018 Q1 financial report shows that the number of monthly active users on Weibo reached 411 million and the daily active users reached 184 million. Weibo members are the most core and influential group, with strong interaction, communication and content consumption capabilities. TechWeb)

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  5. It is said that ofo sells itself and does not know about it.

  In the early morning of June 25, there was news last night that ofo had sold itself. Ofo co-founder Yu Xin responded on his circle of friends that as a member of the board of directors, he had not heard of this. (Sina Technology)

  6. Xiaomi’s public offering starts today: It is expected to be listed on July 9th for HK$22 per share

  On the morning of June 25, Xiaomi Group released an updated version of the Hong Kong stock prospectus. The prospectus shows that the number of shares offered by Xiaomi globally is 2.18 billion shares, with each offering of HK$22 and the stock code is 1810. Based on this calculation, Xiaomi Group plans to raise approximately HK$47.95 billion, or approximately HK$39.74 billion. It is expected to be listed on the Hong Kong Stock Exchange on July 9, and June 29 is the expected pricing date. (Sina Technology)

  7. It is said that Meituan will be officially launched on September 26, and the official said it will not comment.

  On June 23, Meituan Dianping officially submitted an application to the Hong Kong Stock Exchange to launch its listing yesterday. The official account "IPO Early Knows" reported today that Meituan Dianping will be officially launched on September 26. In response, Meituan said it would not comment on the market rumors. (Tencent First-line)

  8. Lei Jun: Xiaomi's European market has grown 10 times a year

  On June 23, Lei Jun said at today's global release press conference that Xiaomi's European market growth was far beyond imagination. It increased by 10 times in one year after entering Europe. It is currently ranked fourth in the European market. It went to France a month ago and moved its first authorized store. (Yibang Power)

  9. Volkswagen confirms the establishment of a joint venture with Didi: currently holds 4:6 shares

  Volkswagen confirmed to establish a joint venture with Didi, Volkswagen held a 40% stake and formed a fleet of 100,000 vehicles.

  It is understood that Volkswagen will initially hold 40% of the shares in the joint venture between Volkswagen and Didi. Its goal is to provide about 100,000 electrified or autonomous driving products with Didi to build an operating fleet and provide management experience.

  According to the agreement, Volkswagen can acquire another 10% of its shares in the future based on the development of its business and expand the shares to a maximum of 50%, so that the shareholding ratio between Volkswagen and Didi reaches 1:1. (36kr)

  Cross-border newsletter

  10. The United States begins to impose online shopping taxes Amazon is the biggest beneficiary

  Last Thursday, the U.S. Supreme Court ruled that it would allow state governments to force sales taxes to online retailers who do not have physical stores in their state.

  Sales tax is a tax levied by state and local governments in the United States on a certain proportion of the sales price of goods and services, and the tax rate is determined by the state governments themselves. The U.S. Supreme Court's decision stems from a highly anticipated "fight" between South Dakota and e-commerce companies.

  Amazon has become an online retail giant, so the increase in sales tax will not seriously affect its competitive advantage against brick-and-mortar retailers. The author believes that once consumers' consumption habits are formed, it is difficult to change, and they will not change their online shopping habits just because they have to pay sales tax for this. Especially with the trend of traditional retail stores vigorously promoting the development of e-commerce, the momentum of online shopping will only increase without decreasing. (First Financial Daily)


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