#Laogao E-commerce News# [E-commerce Evening News on July 11] 1. The "most expensive" fans of the World Cup were born: Jack Ma and Zhang Jindongqi appeared in the arena; 2. The most popular APP list in the first half of 2018: Beibei.com ranked first in maternal and child consumption; 3. Xiaoming Bicycle bankruptcy liquidation: Nearly 120,000 users recovered deposits, the company's net assets were negative 67 million; 4. Xiaomi rose 4% in the early trading on the third day of listing, with a market value of US$56.4 billion surpassing JD.com; 5. The United States announced an increase in taxes on US$200 billion in Chinese goods...
E-commerce newsletter:
1. The "most expensive" fans of the World Cup were born: Jack Ma and Zhang Jindongqi appeared on the court
On July 11, just as France faced Belgium in the semi-finals of the Russian World Cup, Jack Ma and Zhang Jindong were shocked on the field, and Jack Ma was still interested in wearing scarves of the two teams. It is understood that Jack Ma and Zhang Jindong are both involved in the football world. Jack Ma once invested in Guangzhou Evergrande of the Chinese Super League, and Zhang Jindong is the owner of Inter Milan in Serie A. According to the 2018 Hurun Rich List, the Jack Ma family ranked fourth among Chinese rich people with a wealth of 200 billion yuan, and Zhang Jindong ranked 79th with a wealth of 100 billion yuan. (Lianshang.com)
2. The most popular APP list in the first half of 2018: Beibei.com ranked first in maternal and child consumption
Recently, the "2018 First Half APP Classification Ranking" list, jointly selected by Internet Weekly and eNet Research Institute, was newly released. The list selected benchmark APP products in various fields in China in the first half of 2018, including entertainment live broadcast, audio and video live broadcast, comprehensive e-commerce, maternal and infant e-commerce, short video, music radio, cross-border e-commerce and other fields. With its strong growth momentum, Beibei.com ranks first in the field of maternal and child consumption. (Lianshang.com)
3. Click on the CEO's internal letter: Integrate into Cainiao Ecological Station to reach a new height
Dianwoda, the largest instant logistics company in China, announced that it has received strategic investment in Cainiao Network. Cainiao became the controlling shareholder with crowdsourcing business, other business resources and US$290 million in cash. This investment set a new record in the industry.
After this round of financing, as the most influential unicorn company in the field of instant logistics, Dianwoda will work with Cainiao to promote the new logistics process, create a national leading minute-level distribution service, and become an indispensable part of the national intelligent logistics backbone network. (Hexun Technology)
Internet Information
4. JD Finance completed at least RMB 13 billion in financing, with a valuation of RMB 120 billion
Reuters quoted an unnamed person as saying that JD Finance has raised at least 13 billion yuan from Chinese investors by issuing new equity capital. Investors in this round include CICC Capital, CICC, CITIC Capital and Bank of China Group Investment; the valuation of this round of financing to JD Finance is RMB 120 billion; there may be more investors participating. JD Finance said the financing has not been completed and declined to comment, saying there is currently no IPO plan. (36Kr)
5. Xiaoming Bicycle Bankruptcy Liquidation: Nearly 120,000 users recovered the deposit and the company's net assets were negative 67 million.
Yesterday, the official account of "Xiaoming Bicycle Bankruptcy Work Information" issued an announcement by the administrator, revealing some details about Xiaoming Bicycle. The announcement shows that as of June 27, 2018, the number of claims received by the administrator was: Xiaoming Bicycle users declared 127,040 claims, and the number of valid claims was initially confirmed to be 118,738. According to the first draft of the audit, as of March 31, 2018, the total asset audit number of Yueqi Company (the operating entity of Xiaoming Bicycle) was 150044100.17 yuan, the total liabilities audit number was 216709316.02 yuan, and the net asset audit number was -66665215.85 yuan, which is approximately minus 67 million yuan (TechWeb)
6. Xiaomi rose 4% in the early trading on the third day of listing, with a market value of US$56.4 billion surpassing JD.com
On the morning of July 11, Xiaomi Group's stock price opened low and closed high on the third day of its listing. As of 10:12, its stock price rose to HK$19.80, with a market value of HK$443.047 billion, or approximately US$56.446 billion. After the close of US stocks on Tuesday, JD.com's market value fell to US$55.077 billion. Xiaomi officially landed on the Hong Kong Stock Exchange on Monday and was listed. The opening price of the first day was HK$16.6, down 2.35% from the issue price of HK$17. When talking about the issue of breaking the issue, Lei Jun said that because the general trend has not been good recently, short-term stock prices are not the most important, and long-term prices are the most important. On Tuesday morning, Lei Jun also posted a photo of him wearing ripped pants on Weibo to commemorate the break of Xiaomi's IPO's first day. He said he would always remind himself: "The revolution has not been successful yet, and comrades still need to work hard! Come on Xiaomi!" (Nate)
7. Suning and Migu reach strategic cooperation
36Kr News, Suning announced a strategic cooperation with Migu Company, a full-scene brand immersion platform. The two parties will carry out full-industry chain cooperation in multiple fields such as event live broadcast, content production, smart hardware, big data applications, and sports facilities, and will work together to create the Migu-PP Sports intermodal platform. The event content of PP Sports will be presented in products such as Migu client. (36Kr)
8. Luckin Coffee completes US$200 million Series A financing valuation of US$1 billion
On July 11, Luckin Coffee announced that it had completed a US$200 million round of financing, with a valuation of US$1 billion. Dalian Capital, Yueyue Capital, Singapore Government Investment Corporation (GIC) and Junlian Capital participated in the financing.
Luckin Coffee was founded by Qian Zhiya, the former COO of Shenzhou Youche Group, and was tried and put into trial operation in January 2018. By the end of May 2018, it has completed 525 store layouts in 13 major cities including Beijing, Shanghai, Guangzhou and Shenzhen. (Yibang Power Network)
9. Former Baidu Vice President Li Jing denied the creation of blockchain project HTYCoin
Recently, it was rumored that HTYCoin, a coin issuing blockchain project founded by former Baidu Vice President Li Jing, has been invested and registered. Today, Li Jing denied the rumors in his WeChat Moments that he was "founder".
Cross-border e-commerce
10. The US announces tax increases on US$200 billion in Chinese goods
July 11th news, the Trump administration announced on Tuesday that it had begun to implement new tariffs on imported Chinese goods worth $200 billion. According to Fox News, U.S. Trade Representative Robert Lighthizer said in a statement that the new 10% tariff is a response to what he calls China's "strike back and constant practice."
Lighthizer added, "This is an appropriate response to eliminating China's harmful industrial policies under the authorization of Article 301." It is understood that more than 6,031 product lines are affected by newly proposed tariffs, including seafood, fruits and vegetables, cereals, tobacco, car rearview mirrors and anti-theft alarms. (Yibang Power Network)
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