#Laogao E-commerce Newsletter# [E-commerce Evening News on July 13]

　　#Laogao E-commerce News# [E-commerce Evening News Brief on July 13] 1. The latest "JD & Meituan World Cup Consumption Report" jointly released by JD and Meituan; 2. The United Nations invites Jack Ma to take up an important position again, and Secretary-General Guterres announced his appointment; 3. SF Express is the first again! The express delivery satisfaction survey in the second quarter of this year was released: only two companies have scored 80 points! 4. Sogou responded to Baidu dispute case: Product changes take time and has communicated with the court...

　　E-commerce newsletter:

　　1. JD.com released a report saying: The World Cup has driven the passion for women to consume

　　The latest "JD & Meituan World Cup Consumption Report" jointly released by JD and Meituan shows that since the World Cup started on June 14, the luxury goods and beauty orders on JD platform have increased significantly, with the volume of luxury goods orders increasing by 18% month-on-month and the number of beauty goods orders increasing by 35% month-on-month. (by 36Kr)

　　2. The United Nations invites Jack Ma to take up an important position again, and Secretary-General Guterres announces his appointment

　　Recently, UN Secretary-General Guterres announced the launch of a high-level digital cooperation group, appointing Alibaba Group Chairman Jack Ma, Bill and Melinda Gates, co-founder of the Melinda Gates Foundation, as co-chairs. In particular, this is Jack Ma's re-elected important position after two years of special advisor to the United Nations. The High-Level Group on Digital Cooperation hopes that through cross-field and cross-border cooperation, it can tap into the huge potential of digital technology for social and economic development, so as to ensure that everyone around the world can benefit from a safe and inclusive digital future. (by Titanium Media)

　　3. SF Express is the first one again! The express delivery satisfaction survey in the second quarter of this year was released: only two companies have scored 80 points!

　　In the second quarter of this year, the average public satisfaction score of express delivery services was 78.1, and only two companies had satisfaction scores above 80 points, namely SF Express and JD Logistics. The public satisfaction scores of Postal, ZTO, YTO, Yunda, Shentong and Best Public are all 76-80! (by Lei Technology)

　　Internet Information

　　4. Sogou responds to Baidu dispute case: Product changes take time and has communicated with the court

　　36Kr news, today, there is news that Sogou lost the final trial of Baidu traffic hijacking but refused to perform it, and the court will enforce it. In response, Sogou said: "The court's judgment shows that it only needs to make appropriate adjustments to the product so that users can understand the function more clearly. We also attach great importance to the court's judgment opinions. However, changes to software products require technical experiments, which will inevitably take a certain amount of time. This is also a common situation similar to judgments. We have communicated with the court. Sogou has been actively communicating with the court and has never failed to fulfill the court's judgment." (by 36Kr)

　　5. Lei Jun's net worth rose to US$17.7 billion and surpassed Lee Kun-hee, the head of Samsung Group.

　　After Xiaomi went public, the wealth of Xiaomi executives such as Lei Jun increased significantly. Today, Lei Jun has surpassed Lee Kun-hee, the head of Samsung Group with a net worth of US$17.7 billion, ranking 66th, surpassing Baidu Robin Li's US$12 billion, JD.com Liu Qiangdong's US$10.8 billion, SF Express Wang Wei's US$17.3 billion, and NetEase Ding Lei's US$15.9 billion. (by Securities Daily)

　　6. Ele.me Shanghai's daily transaction volume exceeded 100 million and late-night snacks increased by nearly three times month-on-month

　　Ele.me announced that the platform's daily transaction volume in Shanghai exceeded 100 million yuan on July 12, setting a record high in daily transaction volume in a single city in the food delivery industry. Entering the summer takeaway peak, coupled with the promotion of the World Cup, competition in the local life service market is becoming increasingly fierce. Ele.me CEO Wang Lei said that he will invest billions this summer to carry out three major upgrades around key links such as merchant services, consumer welfare, and logistics system. According to Ele.me data, the sales volume of supermarket takeaways since July has increased by 40% month-on-month compared with June. Among them, the top ten regions in Shanghai with orders are Huidefeng International Plaza, Yueyang Plaza, Jing'an Zhonghua Building, Shanghai Chengkai International Business Center, Shanghai Xingye Building, Shanghai Century Commercial Plaza, SMG Building, Ctrip Network Technology Building, Hongqiao R&F Center, and Henglong Plaza. (by Tianxia Online Business)

　　7. 58 Express announced that it will complete 250 million US financial investment lead investment in Huaxin Investment

　　On July 13, short-distance freight platform 58 Express announced today that it had completed the first US$250 million financing on the 12th, led by Huaxin Investment, followed by Cainiao, China-Russia Fund, Hongrun Capital, Qianhai Mother Fund and parent company Dajia Group. Chen Xiaohua, founder and chairman of 58 Express, said: "On August 2017, Express and GOGOVAN completed the merger. The two parties have achieved complementary results in terms of transportation resources, regional coverage, etc., and the new company has become Asia's leading short-distance freight platform. With the strong support of various capitals, the company will increase investment and increase competitive barriers according to the established strategy." (by Webmaster Home)

　　8. JD Finance announced the signing of a 13 billion financing agreement and post-investment valuation is about 133 billion yuan

　　On July 12, JD Finance officially announced that it has recently signed a binding capital increase agreement plan with investors such as CICC Capital, Bank of China Investment, CITIC Construction Investment and CITIC Capital, with a financing amount of approximately RMB 13 billion and a post-investment valuation of approximately RMB 133 billion. It is reported that this round of financing is expected to be completed in the third quarter of 2018. According to data, before this round of financing, JD Finance completed a Series A financing of RMB 6.65 billion in January 2016, led by Sequoia Capital China Fund, Jiashishi Investment and China Taiping, with a post-investment valuation of RMB 46.65 billion. In June 2017, JD Finance completed the equity restructuring and was no longer included in JD Group's consolidated financial statements. (by Webmaster's Home)

　　Cross-border e-commerce

　　9. eBay will return to Japan and is expected to surpass Yahoo to become the third largest e-commerce company

　　Henry Chun, president of the US e-commerce company, said on July 10 that he plans to officially return to the Japanese market. He said that he will use the e-commerce website "Qoo10" acquired this year as a platform to achieve a total circulation of 500 billion yen (about 30 billion yuan) by 2022, "to strive to surpass Yahoo's e-commerce website in the future to leap to third place in the industry." (by Global Network)

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