#Laogao E-commerce Newsletter# [E-commerce Morning News on July 31]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on July 31] 1. Reselling Alibaba shares again, Suning's net profit surged 19 times in half a year; 2. Alibaba responded to rumors of cooperation with China Tower: no comment; 3. China's smartphone shipments in the second quarter of 2018 increased by 20% year-on-year; 4. Tencent denied the rumors of issuing coins, and Tencent Blockchain did not issue digital currency; 5. eBay: It is considering restarting cross-border e-commerce business in India...

　　E-commerce newsletter:

　　1. Selling Alibaba shares again, Suning's net profit surged 19 times in half a year

　　On the evening of July 30, Suning.com released its 2018 semi-annual performance report. According to the express report, from January to June, Suning achieved operating income of 110.786 billion yuan, a year-on-year increase of 32.29%; the scale of commodity sales (regionally covering the markets of mainland China, Hong Kong, Macau and Japan, including online and offline self-operated and open platforms, as well as providing logistics, finance, after-sales services, etc.) was 151.319 billion yuan, a year-on-year increase of 44.63%, of which the scale of commodity sales in mainland China achieved a year-on-year increase of 44.61%;

　　The scale of commodity transactions on the online platform was 88.322 billion yuan, a year-on-year increase of 76.51%, of which the sales scale of self-operated commodities was 63.453 billion yuan, a year-on-year increase of 53.40%; the scale of commodity transactions on the open platform was 24.869 billion yuan, a year-on-year increase of 186.71%; the net profit attributable to shareholders of listed companies was 5.997 billion yuan, a year-on-year increase of 1957.38%. If the profit impact of 5.601 billion yuan was not considered, the net profit attributable to shareholders of listed companies was approximately 396 million yuan, a year-on-year increase of 35.85%.

　　As of June 30, Suning has a total of 4,813 self-operated stores of various types and 765 Suning.com retail cloud franchise stores. In the first half of the year, Suning.com's "big development strategy" has opened nearly 1,900 new stores of various types. Among them, Suning stores have a total of 732, with 709 new stores opened during the reporting period, and will accelerate the national coverage at an average of 30 stores per day in the second half of the year. (Europe)

　　2. Alibaba responds to rumors of cooperation with China Tower: no comment

　　According to the afternoon of July 30, Alibaba and China Tower Co., Ltd. are in-depth negotiations on cooperation. The areas of cooperation between the two parties may be in cloud computing, data intelligence, edge computing, and the Internet of Things. In response to this news, Alibaba responded to Sina Technology: It will not comment. (Sina Technology)

　　3. Cross-border e-commerce Jiangsu Sihai Commercial Zhou plans to be acquired by Lege Shares

　　On July 30, Yibang Dynamic learned that Lege Co., Ltd. today issued an announcement that the company is planning to issue shares to purchase assets, and plans to purchase all or part of the equity of Jiangsu Sihai Shangzhou E-Commerce Co., Ltd. held by the counterparty through the issuance of shares and cash payment. After the acquisition is completed, Sihai Shangzhou will become a wholly-owned or controlled subsidiary of the company. (Yibang Power Network)

　　4. Conduct charitable commitments, Jack Ma and Tsai Chongxin sell Alibaba shares as planned

　　In the 12 months starting from October 2017, Jack Ma will sell up to 16 million shares, and Tsai Chongxin will sell up to 5.5 million shares to achieve charitable commitments and general wealth planning. (Titanium Media)

　　Internet Information

　　5. China's smartphone shipments increased by 20% year-on-year in the second quarter of 2018

　　According to a report released by international market research company Canalys, in the second quarter of 2018, China's domestic smartphone shipments increased by 20% year-on-year to 176 million units. The increase in shipments is due to the launch of new models by leading brands. Among them, Huawei, Xiaomi, Oppo and Vivo brands have the highest shipment growth rate. (Sina)

　　6. Facebook has a long way to end: closing the ad tool will lose third-party data

　　According to the Wall Street Journal, Facebook's European advertisers will be the first victims of the company's tightening privacy measures, and the setbacks they face will help explain why Facebook's trouble is far from over. Some large advertisers, including Heineken, said the partner category tool is an important means of advertising based on data collected by external companies, and closing the tool could have a significant impact on advertisers. (E-commerce News)

　　7. Alibaba responded to the investment in Canxing: All are subject to the announcement

　　On the evening of July 30, according to the official news from the Shanghai Regulatory Bureau of the China Securities Regulatory Commission, Canxing completed a new round of financing. The investors were Hangzhou Alibaba Venture Capital Management Co., Ltd. and Tibet Qiming Music Co., Ltd., respectively. The two invested 200 million yuan and 160 million yuan, and obtained 1.17% and 0.94% of Canxing's equity. In this regard, Alibaba stated that the announcement shall prevail. (Tencent First-line)

　　8. Tencent denies rumors of issuing coins, Tencent blockchain does not issue digital currency

　　On July 30, in response to the rumors of "Tencent issuing coins" circulating on the Internet, Tencent responded that Tencent blockchain does not issue digital currency. Last night, Tencent's application for trademarks such as Bocoin, Qbanking, LinkBanking, Fluctuation Planet, Fluctuation Planet and Fluctuation Planet attracted attention from the outside world. It is reported that Tencent may follow Baidu Du Universe, NetEase Planet and other models to launch similar blockchain platforms and issue digital currencies at the same time. (Titanium Media)

　　Cross-border e-commerce

　　9. eBay: Considering restarting cross-border e-commerce business in India

　　Hugo.com News: Recently, it was reported that Flipkart, which was recently acquired by Walmart, is considering closing the business of the eBay India site. However, eBay said it is considering restarting cross-border trade in India.

　　An eBay spokesman said they plan to relaunch the eBay India site and will focus on cross-border trade opportunities because they believe cross-border trade is a very important opportunity. (Hugo.com)

　　10. The market value of the top ten technology stocks in the United States evaporated by $82.7 billion on Monday, Amazon and Microsoft led the decline

　　According to foreign media reports, after leading the U.S. securities market to hit record highs this year, U.S. technology stocks suffered a sharp drop on Monday, with the top ten American technology companies evaporating a total of US$82.7 billion on the day. Among the highest-capital American technology companies, Amazon's market value fell by $18.6 billion on Monday, and Microsoft's market value fell by $17.7 billion. Among the top ten U.S. technology companies with market value, only Intel's shares rose against the market on Monday, but rose by less than 1%. (E-commerce News)

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