#Laogao E-commerce Newsletter# [E-commerce Evening News on July 19] 1. Tmall releases: From July 23, the product requirements must be uploaded to transparent material pictures; 2. Suning President posted on Weibo "Hahaha" and confronted only the real product Liu Qiangdong; 3. It is said that the English education company "Fluely Say" plans to go to the United States to raise US$300 million in IPO; 4. Hema Fresh Suzhou 4th store will open Suzhou's new retail coverage rate ranked first in the country; 5. Xiaomi Financial Eco-Fumi Technology completed a 200 million round B financing round...

E-commerce newsletter:
1. Tmall release: From July 23, the product requires that transparent material pictures be uploaded.
Tmall recently released: The transparent material picture of the product at the product release end will begin to add material picture verification requirements for newly released products from Tmall merchants that must be transparent backgrounds. The white background picture update of the products on the shelves will be completed from the first week of August to the first week of September. The main changes of transparent material pictures are as follows:
1. The system adds verification of transparent bottom. The png format must comply with a transparent background and no psoriasis. Non-png format or white background image cannot pass.
2. All categories are required and are carried out in two batches.
The first batch will be launched on July 23, and new products will be released.
The second batch will start from early August to the first week of September, switching to the historically released products. (Source: Meowy Meowy)
2. Hema Fresh Suzhou 4th store will be opened. Suzhou's new retail coverage rate ranks first in the country
Recently, Suzhou's fourth Hema Fresh Store - Suzhou Hudong Neighborhood Center Store is about to open to welcome customers, which means that Times Square, Kowloon Hospital, Baitang Ecological Botanical Garden and other places on the east bank of Jinji Lake have also been included in the box room scope. Consumers who live near Lianfeng Plaza in Hudong have two options: Auchan and Hema.

3. Suning President posted on Weibo "Hahaha" and only sold real people Liu Qiangdong
Suning.com President Hou Enlong and JD.com head Liu Qiangdong were choking again. At around 5 pm on July 18, Suning.com President Hou Enlong updated his Weibo and posted 6 words "hehe": "hehehehehehehehehehehehehehe". It also comes with a cartoon "The Adventures of Pinocchio", whose nose becomes longer. In this story, Pinocchio's nose becomes longer as long as he lies.
4. JD.com releases JD.com’s high-precision map
On July 19th, JD.com officially announced today that it will launch JD.com maps focusing on robot high-precision maps and intelligent driving big data applications. Relying on the full-process production system of map data collection, processing, release and application independently developed by JD.com, JD.com map has laid a solid foundation for JD unmanned technology to deploy intelligent logistics, intelligent retail, intelligent transportation, smart city application layout and external technology empowerment. (E-commerce News)
Internet Information
5. English education company "Fluely Say" plans to go to the United States to raise US$300 million in IPO
On July 19, according to foreign media reports, people familiar with the matter revealed that Liulishuo, a software company that teaches English to Chinese students, is planning to go to the United States for an initial public offering (IPO). "Liulishuo" plans to be listed as early as the fourth quarter, and plans to raise up to $300 million. Another source revealed that the target valuation of "Flue Say" is about $2 billion. However, both the target valuation and the IPO scale may change. (Tencent Technology)
6. Microsoft successfully transforms its stock price and rises all the way
On July 19, led by Microsoft Sage CEO Satya Nadella, the stock price of Micro Terminal has now tripled. Nadella led Microsoft to abandon its proprietary mobile phone hardware and operating systems, and is focusing on creating regular recurring revenue to focus on subscription products. At the same time, Microsoft has become a major supplier of cloud computing services, challenging Amazon's AWS in the rapidly growing cloud computing infrastructure market, and Microsoft has become an ally of the open source development community, introducing some of its software to the Linux operating system. (E-commerce News)
7. Alibaba Suning responds to Suning Sports’ $600 million financing news: The announcement shall prevail
In early April this year, several sports media reported that Suning Sports, a subsidiary of Suning Group, had completed financing of US$500 million to US$600 million. The round of financing was led by Goldman Sachs and Alibaba, and the investment agreement has been signed. According to reports, the details of the financing may be officially announced this afternoon. Alibaba and Suning told "First Line" that all financing news is subject to the announcement and no further information is disclosed at present. (Tencent First-line)
8. Xiaomi Financial Eco-Fumi Technology completes 200 million yuan in Series B financing
Today, Fumi Technology announced that it had completed a 200 million yuan B round financing, led by Bojiang Capital, followed by Mobai Capital, Hongdao Capital and Dehui Capital.
Among them, Bojiang Capital, Mobai Capital and Hongdao Capital are shareholders of the A round, and the old shareholders of this round of financing subscribed 80%.
Public information shows that Fumi Technology is a financial technology company in Xiaomi's financial ecological supply chain and mainly engaged in the securities field. It was established in March 2016. It is positioned as a globalization and is the largest secondary market service provider in Asia, providing financial services to nearly 7 million users in 211 countries around the world.
In the trading process, Fumi Technology adopts cooperation with securities companies to achieve a closed loop from market information to trading services; through its Weibu series products, it realizes the online trading functions of the five major securities markets in the United States, Hong Kong, Britain, Germany and Singapore. (Yibang Power)
9. TikTok and Gansu cooperate to package and promote Dunhuang culture globally through short videos
On July 19, Dunhuang and Douyin reached a strategic cooperation, and will show the beauty of Dunhuang to global users through short videos and increase Dunhuang's international popularity and influence. (Titanium Media)

Cross-border e-commerce
10. Amazon Prime membership daily battle report: SME sellers GMV exceeds US$1 billion
On July 19, Amazon announced that during the 2018 Prime Member Day, small and medium-sized enterprise sellers on Amazon’s global sites generated more than $1 billion in sales.
Among them, many Chinese sellers, including manufacturers, traders and brands, also actively participated in the 2018 Prime Member Day through Amazon's "Global Store Opening" and their products were sold to Amazon's overseas sites around the world and achieved sales results. (Lianshang.com)
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