#Laogao E-commerce Newsletter#[March 31 E-commerce Morning Newsletter]

#Laogao E-commerce News# [E-commerce Morning News on March 31] Morning News: Chongzuo Cross-border E-commerce Comprehensive Pilot Zone has a total cross-border e-commerce value of nearly 500 million yuan this year; Amazon announced that it has acquired the Indian e-commerce startup Perpule; Didi has obtained a consumer finance license, and holds more than 33% of the shares in Hangzhou Bank Consumer Finance as the second largest shareholder.

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E-commerce newsletter

1. Alibaba established Hangzhou Zhicili Software Co., Ltd. with a registered capital of 500 million yuan

      According to the news on March 30, Tianyancha App showed that on March 29, Hangzhou Zhicili Software Co., Ltd. was established with a registered capital of 500 million yuan. The legal representative is Wang Hai. The company's business scope includes software development; information system integration services; social and economic consulting services; intelligent control system integration; computer software and hardware and auxiliary equipment retail; electronic components and electromechanical components and equipment sales; data processing and storage support services, etc. Tianyancha equity information shows that the company is wholly owned by Alibaba (China) Network Technology Co., Ltd. (Yibang Power)

2. Suning.com: It will serve the supply side and consumer side through the old-for-new form to help environmental protection

      On March 30, the 2021 Suning.com Renewal Product Upgrade Conference was held in Beijing today. Sun Weimin, vice chairman of Suning.com Group, said at the meeting that Suning will serve manufacturers through the form of trade-in, help supply-side innovation; serve consumers, help consumption upgrades; in addition, Suning will formulate strategies to provide services to dismantlers of old home appliances and help the environmental protection industry develop in a rising sun. It is reported that Suning’s home appliance trade-in activity has been 16 years since it was launched in 2005. Up to now, Suning has achieved full coverage of 2,942 districts and counties with more than 700 localization partners, with a maximum daily collection of 50,000 pieces. (E-commerce News)

3. Pokemon Center overseas flagship store is located in Tmall International

      According to the PR News Agency, recently, Tokyo's BeeCruise Inc. opened the "Pokemon Center Overseas Flagship Store" of Pokemon Co., Ltd. on Tmall International. According to reports, consumers can purchase products from Pokemon Center Japan and Pokemon Center Online at the flagship store, and have the opportunity to receive special gifts and enjoy promotional offers. To celebrate the opening of the new store, the Pokemon Center overseas flagship store launched a free shipping event for a discount of up to 50 yuan for coupons. The event will last until April 25. (E-commerce News)

4. Lei Jun: Car manufacturing will be the last major entrepreneurial project in my life

      On March 30, at the second session of Xiaomi's spring new product launch, Lei Jun announced that Xiaomi has officially entered the smart electric vehicle industry. He said that building a car will be the last major entrepreneurial project in his life. He is willing to take full advantage of his life and lead the team in person to fight for Xiaomi Auto. (Titanium Media)

Cross-border newsletter

5. Chongzuo Cross-border E-commerce Comprehensive Pilot Zone has a total value of nearly 500 million yuan in cross-border e-commerce since the beginning of this year.

      On March 30, the China (Chongzuo) Cross-border E-commerce Comprehensive Pilot Zone has had a good start in the first quarter of this year: As of March 18, the cumulative total weight of cross-border e-commerce goods in Chongzuo Cross-border E-commerce Comprehensive Pilot Zone has 2567.35 tons, with a total value of 486.4151 million yuan. It is reported that on April 27 last year, the State Council approved the establishment of the China (Chongzuo) cross-border e-commerce comprehensive pilot zone. Eight months after the Chongzuo Cross-border E-commerce Comprehensive Pilot Zone was approved, it has achieved the comprehensive implementation of four new models: "9610" cross-border e-commerce export business, "9710" cross-border e-commerce enterprise-to-business export business, "9810" cross-border e-commerce export overseas warehouse business, and "1210" bonded e-commerce business. At present, there are as many as 15,000 cross-border e-commerce goods categories in Chongzuo Cross-border E-commerce Comprehensive Pilot Zone. (Yibang Power)

6. Facebook will cooperate with Southeast Asian companies to develop a 15,000-kilometer Pacific submarine cable system

      According to the Wall Street Journal, Facebook, Singapore Keppel Enterprise and Telecom Indonesia (TLK) will develop a 15,000-kilometer-long submarine cable system connecting Southeast Asia and North America to meet the growing demand for high-speed network connections and higher bandwidth in the Pacific region. (Titanium Media)

7. The list of official bid candidates for eBay South Korea may be acquired in May has been released

      According to Ein.com, recently, eBay South Korea's official bidding candidate list was released, including E-mart, Lotte Shopping, SK Telecom, and private equity fund operation company MBK Partners. Previously, E-mart, Rakuten Shopping, SK Telecom, etc. had publicly expressed their intention to participate in the ebay South Korean acquisition war. These companies will submit final acquisition prices in the official bidding from May to June this year through field inspections and other procedures. It is understood that eBay South Korea's transaction volume in 2020 was about 20 trillion won; the operating profit of online malls and online businesses reached 85 billion won. (E-commerce News)

8. Amazon announced it has acquired Indian e-commerce startup Perpule

      According to reports on March 31, on March 30, Amazon announced that it had acquired Perpule, a startup in the Indian e-commerce field. It is reported that the Perpule company acquired by Amazon mainly helps offline retail stores to carry out Internet-related businesses, and the company has been born for four years. Regulatory documents show that Amazon's acquisition adopts an all-cash approach, spending a total of US$14.7 million. In addition, Amazon will provide an additional $5 million to compensate the other party’s employees. Perpule has raised a total of $6.36 million to date. The company mainly provides mobile payment devices for physical retailers at sales, so that consumers can achieve mobile payments. (E-commerce News)

Internet news

9. Hello launched its own brand accommodation business "Halo Hotel" and "Halo Hotel"

      Hello recently launched its own brand accommodation businesses "Halo Hotel" and "Halo Hotel" in cities such as Hefei and Chengdu to create the Hello version of "OYO". Regarding this matter, Hello responded, "Thank you for your attention and will not comment on this matter." (Tech Planet)

10. Didi has obtained a consumer finance license and holds more than 33% of the shares in Hangzhou Bank Consumer Finance as the second largest shareholder

      According to reports on March 30, recently, the Zhejiang Banking and Insurance Regulatory Bureau's approval of Hangzhou Bank Consumer Finance to change its registered capital and adjust its equity structure showed that it agreed that Hangzhou Bank Consumer Finance Co., Ltd. would increase its registered capital from 1.26 billion yuan to 2.561 billion yuan. The second largest shareholder of Hangzhou Silver Consumer Finance was changed from Spanish Foreign Bank Co., Ltd. to Dirun (Tianjin) Technology Co., Ltd., which is a wholly-owned subsidiary of Didi. (Titanium Media)