#Laogao E-commerce Newsletter# [E-commerce Evening News on July 25]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on July 25] 1. The valuation of Pinduoduo after IPO may exceed US$24 billion; 2. Flower E-commerce takes some time to announce the opening of offline store franchise; 3. Sogou Search launches problematic vaccine inquiry services; 4. Zhongchen E-commerce has increased its capital by 35 million yuan to improve its profitability; 5. It is said that Meituan’s latest listing valuation range is determined, with US$35 billion to US$40 billion...

　　E-commerce newsletter:

　　1. Pinduoduo's valuation may exceed US$24 billion after IPO

　　In its latest prospectus, Pinduoduo stated that as of this week, the company granted and issued external stock options close to 582 million, and if fully exercised, the company's issued external shares may increase to 5.01 billion shares. (Bloomberg)

　　2. Flower E-commerce takes some time to announce the opening of offline store franchise

　　Flower E-commerce will take some time to announce the opening of offline store franchise. In the first six months, I spent some time opening more than 20 offline stores in four cities across the country. Flower shop time can provide franchisees with four major empowerments including brand, SAAS, supply chain, and training. The conditions for joining have not been disclosed yet and need to be reviewed and approved. (Yibang Power Network)

　　3. Zhongchen E-commerce increased its capital by 35 million yuan to improve its profitability

　　On July 25, Zhongchen E-commerce announced that it had completed a new round of financing. The company issued 1.72 million shares at a price of 20.25 yuan per share, and actually raised 35 million yuan. Since its listing, Zhongchen E-commerce has been listed on the New Third Board in May 2016. Since its listing, the company has actively explored new markets and continuously expanded its business scale. In addition, the company uses the resources accumulated during traditional trade to provide traffic operation support to the platform. The platform continuously attracts users to convert customers, achieving healthy development of online platforms and offline business interactions.

　　According to the 2017 annual report disclosed by Zhongchen E-commerce, the company achieved revenue of 4.005 billion yuan in 2017, a year-on-year increase of 21.75%; and achieved net profit attributable to shareholders of 20.3706 million yuan, a 44.09% increase over the same period last year. (Yibang Power Network)

　　Internet Information

　　4. Sogou Search launches problematic vaccine query service

　　Sogou launches problematic vaccine query services through its search business. The specific query method is: search for keywords related to "vaccine batch number", "vaccine manufacturer", "vaccine batch number query method" and so on in Sogou search. The first article of the search result page is the problem vaccine query tool. Enter the vaccine type, vaccine manufacturer, vaccine batch and other information as prompted, which will provide users with an authoritative judgment on whether the vaccine is qualified from the Immunization Planning Center of the China Center for Disease Control and Prevention. (Tencent First-line)

　　5. Entrepreneurs panicked when upgrading the social accounting mini program on WeChat

　　As early as October 2017, when WeChat officially launched the accounting application "Tencent Small Funding" based on mini programs, the industry generally believed that this was just a test product of WeChat for mini programs, but the small funds that have quietly "transformed and upgraded" recently are becoming a strong enemy of accounting startups. (Yibang Power Network)

　　6. JD Cloud and PingCAP cooperate to open public beta of the latest generation of distributed database Cloud-TiDB

　　36Kr News, JD Cloud and PingCAP cooperated, and the two parties jointly released the latest generation of distributed database Cloud-TiDB on JD Cloud, which has been opened for public beta. Cloud-TiDB has automatic horizontal scaling, strongly consistent distributed transactions, self-recovery of failures, and is compatible with MySQL protocols, which is suitable for online transactions and real-time analysis services with massive data volumes. (36Kr)

　　7. It is said that Meituan's latest listing valuation range is determined, with US$35 billion to US$40 billion

　　According to the self-media "Unicorn Early Knows", citing people familiar with the matter, after experiencing recent capital market adjustments and fluctuations, Meituan's IPO valuation range has been lowered from the original expected US$60 billion to US$35-40 billion before investment, corresponding to the current transaction price of old stocks in the primary market between US$6.2-6.9 per share. Compared with the earlier US$60 billion, the reduction this time reached 40% of the original market valuation. In response, Meituan responded that it would not comment. (36Kr)

　　Cross-border e-commerce

　　8. Amazon wants to build an air warehouse to facilitate drone delivery

　　According to foreign media reports, Amazon is also preparing to build an air warehouse in the process of fully building drone delivery services. The company received a patent for a "air warehouse" on Tuesday. It uses small airships to carry warehouses where goods are stored and let it float in the air. This kind of air warehouse, also known as the "Air Order Fulfillment Center (AFC), will be equipped with a drone cluster. (Tencent)

　　9. Seller Welfare eBay plans to develop community mentor program in the United States

　　Some would say this is eBay's cost-cutting plan, and it's for experienced sellers to do the work eBay customer support should do for free, however, they're wrong, selling practicality on eBay's best support and valuable knowledge, mostly from the seller community itself. (Yibang Power Network)

　　10. Kelp announced the release of its own new retail service platform

　　The new retail service platform of maternal and infants, Kelp.com, in conjunction with top ten brand partners such as SWISSE, Xibao, and Nademei, jointly released the "Double Ten Empowerment" plan aimed at "empowering offline maternal and infant stores and promoting the upgrading of traditional industries" to the outside world, and announced the opening of the industry's new retail service platform and commercial data platform independently developed by kelp, and through subsidies, Kelp members, brands, and upstream and downstream suppliers can try the latest version of SaaS software for free. (Yibang Power Network)

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