Laogao E-commerce Newsletter # [E-commerce Morning News on July 3]

　　Laogao E-commerce Newsletter # [E-commerce Morning News on July 3] 1. NetEase Yanxuan and B&B cooperation plan will achieve 5,000 sets within one year; 2. Huawei responds to the relocation: just to expand the scale of development; 3. Debang officially renames Debang Express large-duty express delivery to leverage the market; 4. Alibaba Cloud launches a partnership plan in Europe, the Middle East and Africa; 5. The 2018 E-commerce Development Innovation Summit will be held in Hangzhou soon...

　　E-commerce newsletter

　　1. NetEase Yanxuan and B&B cooperation plan will achieve 5,000 sets within one year

　　NetEase Yanxuan has entered a new offline home furnishing field. NetEase’s self-operated life-selected e-commerce brand “NetEase Yanxuan” and Ctrip’s B&B chain brand “Youjia B&B” held a strategic cooperation ceremony in Shanghai, announcing that NetEase Yanxuan has become the first choice of whole-house soft decoration partner for Youjia B&B, combining its home improvement project Yanxuan HOME with B&B. (Interface News)

　　2. Huawei responds to relocation: just to expand the scale of development

　　It is reported that on July 1, Huawei's R&D and other departments officially relocated. On July 2, 2,700 people will go from Shenzhen to Xiliupo Village, Songshan Lake, Dongguan to work. Regarding the relocation matter, Huawei relevant personnel said that on April 4 this year, the Shenzhen Municipal Government and Huawei Technologies Co., Ltd. signed a cooperation agreement "Landed in Shenzhen and looking forward to the future" that has shown that Huawei will stay in Shenzhen and will not relocate. In July last year, media reported that as of 2016, more than 15,000 companies had moved out of Shenzhen, including many local star companies in Shenzhen. More important factors may be closely related to Shenzhen's rising land and personnel costs in recent years. (Beijing News)

　　3. Debang officially renamed Debang Express large-order express leverages the market

　　On July 2, the Debang 2018 strategic press conference for "Large-order express delivery has great potential" was opened at the "Water Cube" Beijing National Swimming Center. At the meeting, Debang Logistics officially announced the rename to Debang Express, which will open a new chapter in large-scale express delivery with a brand new service. At the same time, Debang launched the industry's first truly large-duty express delivery product - large-duty express delivery 3-60kg, and will newly define large-duty express delivery services with a highly competitive product portfolio and high-quality services.

　　4. Alibaba Cloud launches partnership programs in Europe, the Middle East and Africa

　　According to foreign media, the launch of the partner project is to strengthen the relationship between the company's customers and partners in the region. The project focuses on digital transformation, talent development, high-tech innovation and promoting market development in the target verticals. Alibaba said that companies such as Microsoft and Accenture are participants in the project. (36Kr)

　　5. The 2018 E-commerce Development Innovation Summit will be held in Hangzhou soon

　　In early July, Laogao E-commerce Club released a preview of the July Hangzhou Summit. The guests invited by this conference include: Tmall President Jingjie, Alibaba President Xiao Lihua, Tmall International General Manager Ao Wen and more than 10 heavyweight guests, to talk to everyone about the e-commerce trends in the second half of 2018 and Alibaba's latest policies and updates. This Hangzhou regular meeting is a summit that e-commerce people must not miss in 2018.

　　6. JD unmanned delivery station successfully developed

　　JD Liu Qiangdong recently released a video on social media, announcing that JD unmanned delivery station has been successfully developed, which is the world's first all-unmanned delivery + self-pickup site. The video introduces that JD.com independently developed the world's first unmanned smart delivery station, which provides full-time delivery services, scan codes to unbox and automatically weigh. Its terminal can store at least 28 cargo boxes, has 1 delivery box, and can store and charge a terminal unmanned vehicle. (Sina)

　　Internet Information

　　7. Ele.me invests billions of dollars in two months to launch the summer battle

　　Three months after integrating into Alibaba, Wang Lei, vice president of Alibaba Group and CEO of Ele.me, said at the launch conference of Ele.me's "Summer Battle" today that Ele.me will be upgraded to the core platform for local life services in the new retail era. "In the next two months, we will invest billions of yuan to improve the entire catering takeaway system and enhance the capabilities of local life service platforms." In April this year, Alibaba Group announced that it will jointly acquire Ele.me for US$9.5 billion. After the acquisition is completed, Alibaba is also investing various internal resources into Ele.me. For example, users on platforms such as Taobao and Alipay can receive Ele.me card coupons; Tmall Taobao’s “88 members” can also enjoy Ele.me’s services simultaneously; Ele.me recently joined hands with retail to open a new online operation model for Tmall store. Retail Connect’s supply chain advantages can be combined with Ele.me’s local life traffic entrance and minute-level delivery. (Yibang)

　　8. Xiaomi’s Hong Kong stock journey may become a weather vane for the listing of mainland unicorns

　　On July 3, Xiaomi finally determined the issuance price of HK$17, with a valuation of approximately US$54 billion, lower than market expectations. According to overseas institutional investors, factors such as poor Hong Kong stock market conditions, excessive early valuation of Xiaomi, fundamentals and business models are waiting to be seen, have become the main reasons for the market's response to expectations. In the second half of the year, many Internet companies such as Meituan, Tongcheng Elong, Yingke, Zaogang.com, and Hujiang plan to go public in Hong Kong. Some industry insiders believe that there is little possibility of speculation in unicorn stock prices and high valuations in the future, and fundamentals are still the key to pricing. (E-commerce News)

　　Cross-border newsletter

　　9. JD.com responded to returning to the Russian market: There has been business development, and there is no problem of exit and return.

　　Rossian media Kommersant previously reported that JD.com plans to return to Russia. In response, JD.com responded: "JD.com has always had business development in Russia, and there is no problem of exit or return." (36Kr)

　　10. The White House has revealed that it has drafted a tariff bill to allow the disregard of WTO basic rules

　　Several US media broke the news on the 1st local time that the Trump administration has drafted a draft called the "US Fair and Reciprocal Tariff Act" to allow the White House to unilaterally increase tariffs on other countries without the approval of Congress. If implemented, it means that the United States will abandon the WTO basic rules, which include prohibiting countries from setting different tariff rates for countries outside of free trade agreements, and prohibiting the establishment of tariff caps that WTO members have agreed to. According to reports, Congress does not expect to pass the bill. (via.Hong Kong Business Daily)

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