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#Laogao E-commerce Newsletter# [E-commerce Morning News on July 18]

2018-07-18

  #Laogao E-commerce Newsletter# [E-commerce Morning News on July 18] 1. Ant Financial has become the world's largest unicorn, with a valuation of 1 trillion yuan; 2. Pinduoduo founder Huang Zheng is expected to reach US$9.9 billion, surpassing Liu Qiangdong; 3. Yang Dingping, chairman of Yatang Group, surrenders to the e-commerce platform, which has been suspended; 4. Vatti returns the full amount and returns the shopping card, and "smart" exposes "big problems"; 5. Tencent also takes action: Haoyiku has received another hundreds of millions of yuan in financing...

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  E-commerce newsletter:

  1. Ant Financial becomes the world's largest unicorn, with a valuation of 1 trillion yuan

  According to the news on July 18, the "Shimao Qianhai Center·Hurun Greater China Unicorn Index" released by Hurun Research Institute today shows that Ant Financial's valuation rose from 400 billion in the previous period to 1 trillion, ranking first, Didi Chuxing and Xiaomi maintained a valuation of 300 billion; Meituan Dianping and Toutiao maintained a valuation of 200 billion; Tencent Music maintained a valuation of 150 billion, ranking sixth; JD Finance, Cainiao Network, Lufax, Kuaishou and DJI tied for seventh with valuation of 100 billion. (E-commerce News)

  2. Yang Dingping, chairman of Yatang Group, surrendered himself to the e-commerce platform has been suspended

  On July 16, the Tianfu New District Branch of Chengdu Public Security Bureau issued a notice stating that Yang Dingping, chairman of Chengdu Yatang Holding Group, and others surrendered to the Tianfu New District Branch of Chengdu Public Security Bureau on July 15, 2018 for suspected illegal crimes. At present, the Tianfu New District Branch has taken criminal coercive measures against Yang Dingping and others in accordance with the law. (Yibang Power Network)

  3. Vatti’s full refund of the purchase card becomes a refund, and “smart” exposes “big problems”

  Vatti turned the "full refund" into a "refund shopping card", which exposed Vatti's "stinginess" and lacked a "big mind", which affected Vatti's "image" in the minds of consumers. For Vatti, "refunding the full amount" was originally a very successful marketing for Vatti. But it is regrettable that Vatti has given a discount on the issue of "full refund". Because "refunding full payment" is not a cash refund, but a shopping card with equal amount, such as Mao Chao Card, JD E Card, Suning Gift Card and Meitong Card. (Beijing News)

  4. Liu Qiangdong: Three shopping remarks are not to belittle Pinduoduo, they are friends with Huang Zheng

  有媒体报道称,被问拼多多是否是京东对手时, 刘强东表示,购物三次就有答案。对此,刘强东回应称,没有贬低拼多多的意思。他表示,其关于购物3次就知道答案的言论“并没有针对任何单一公司”,“我和拼多多创始人Colin关系也非常好,似乎所有电商公司的创始人一直私下里都是朋友,包括李国庆、陈欧、卜广齐、沈亚和黄峥。”(财视传媒)

  5. Tencent also took action: Haoyiku received another hundreds of millions of yuan in financing

  On July 17, the social e-commerce platform Haoyiku announced that it had completed a B round of financing of hundreds of millions of yuan. Tencent led the investment, followed by IDG, Xianfeng Changqing, Yuanjing Capital and other investors, Chongying Capital served as the exclusive financial advisor for this round of financing. This is less than a month after Goodicilo last announced financing. On June 20, Haoyilo announced that it had received a 100 million yuan Series A financing led by IDG Capital, and previously received a 50 million yuan angel round financing from Xianfeng Changqing and Yuanjing Capital. (Yibang Power)

  Internet Information

  6. Renrendai semi-annual report: The per capita loan amount is about 80,000 yuan

  Recently, Renrendai, an online lending platform under Youxin Financial Services, officially released its 2018 semi-annual report. The report shows that as of June 30, 2018, among the cumulative service users, the total number of lenders exceeded 900,000, with an average loan of nearly 83,000 yuan and an average loan of 19.8; the total number of borrowers exceeded 810,000, with an average loan of nearly 79,000 yuan, and an average loan term of 33 months. (Beijing Business Daily)

  7. Xiaomi and OnePlus are the mobile phones that Indians want to buy the most, and Samsung ranks third

  South Korean media said that a recent report released by the market research firm Strategic Analysis Company (SA) shows that in the Indian smartphone market, China's Xiaomi's purchasing preferences are nearly twice as high as Samsung. The results of an online survey of 1,068 Indian consumers in the second quarter of this year showed that 26% of people replied that they wanted to buy Xiaomi. 17% of people who answered that they wanted to buy a Chinese OnePlus mobile phone, ranking second; Samsung accounted for 14%, ranking third. (Reference message)

  8. Online education brand "Zuoyebang" received US$350 million in Series D financing

  Online education brand "Zuoyebang" recently completed a US$350 million Series D financing. This round of financing was led by Coatue, and Taihe Capital serves as the exclusive financial advisor. Regarding the next stage of Zuoyebang planning, founder and CEO Hou Jianbin said that there is still a lot of room for improvement in daily active users' activities in the entire main app, and the core is still to explore more users' needs and thus improve the retention of main apps. This is what the team has been doing for a long time. (36kr)

  9. Pinduoduo founder Huang Zheng is expected to reach US$9.9 billion, surpassing Liu Qiangdong

  According to foreign media reports, based on the low-end calculation of Pinduoduo's issuance price range, Huang Zheng's personal value will reach US$8.3 billion; if calculated based on the high-end calculation of the issue price range, his personal net assets will reach US$9.9 billion, surpassing JD.com founder Liu Qiangdong, and becoming the 16th richest man in China. So far, Pinduoduo has not commented on this report. (Tencent)

  Cross-border e-commerce

  10. Amazon membership daily sales are expected to reach US$3.6 billion in 2018

  Daniel Ives, head of technical research at market research and analysis firm GBH Insights, pointed out in his latest report that Amazon's Prime Day membership daily sales this year will reach a record $3.6 billion, which is $1.2 billion more than last year's $2.4 billion, an increase of 50%. (36kr)


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