#Laogao E-commerce Newsletter# [E-commerce Morning News on August 1] 1. Alibaba sold part of Didi equity to SoftBank and earned 2.096 billion yuan; 2. Pinduoduo Huang Zheng: The copycat problem is more serious than fakes. It will provide a solution within one month; 3. Liu Qiangdong and his wife were shortlisted for the top ten Forbes charity list for the first time, with cash donations of more than 530 million yuan; 4. The B station app was removed from the shelves and will strengthen self-discipline until August 25; 5. Douyu apologized for the anchor's comments about the Nanjing Massacre, and will investigate the live broadcast content...
E-commerce newsletter:
1. Alibaba sells part of Didi equity to SoftBank and earns 2.096 billion yuan
Alibaba recently submitted its annual report to the Securities and Exchange Commission (SEC). The annual report disclosed that in September 2017, Alibaba sold part of its Didi Chuxing equity to SoftBank. Alibaba said that it sold some of Didi's equity and cashed out US$639 million (4.198 billion yuan) and earned 2.096 billion yuan. As of March 31 this year, Alibaba also held about 5% of Didi Chuxing's equity. SoftBank is the major shareholder of Alibaba. As of July 18 this year, SoftBank Group held 28.8% of Alibaba's shares. TechWeb)
2. Pinduoduo Huang Zheng: The copycat problem is more serious than fakes. Solutions are released within one month
On the evening of July 31, Pinduoduo fell into a whirlpool of public opinion because of the "counterfeiting" problem. Today, Pinduoduo held a media communication meeting at its Shanghai headquarters, and founder and CEO Huang Zheng appeared and was interviewed.
Huang Zheng said that the problem of counterfeit goods is more serious than that of fake goods, and Pinduoduo has not done a good job in this regard. "If the quantity of fakes is truly defined, it will definitely be smaller than the media imagined, because this is a decision on the number of orders. The problem of counterfeiting is more serious than that of fakes, and we are not doing well enough now."
Huang Zheng said that he would strive to introduce solutions such as counterfeiting within the next month. The initial idea is to classify these categories, such as how to make electrical appliances and how to make milk powder.
When talking about the recently hotly discussed "counterfeit" TV sets, Huang Zheng said that the main category of Pinduoduo is not electrical appliances, otherwise the average customer price would not be so low. "We are willing to work with all Chinese brand TV manufacturers to thoroughly sort out the management plan for the "famous brands" phenomenon of TV sets, and jointly with China's white-brand TV industry belt to explore brand development strategies." (E-commerce News)
3. Alibaba 88 member concert announced the lineup: Yi Yang Qianxi, Mayday, and Jolin Tsai superstars started singing
On August 8, Alibaba's "88 Member Festival" fixed program - a "Infinite Pampering" concert specially created for super members will be held in Guangzhou soon. The highly anticipated performance lineup has also been announced gorgeously. Superstars including Yi Yang Qianxi, Mayday, Zhang Xinzhe, Zhang Huimei, Jolin Tsai, Liang Jingru, Li Ronghao, This is Street Dance (Qianxi Street Dance Group), etc. will appear in the concert. While bringing a palace-level audio-visual feast to the members, they will also give interactive gifts on the spot. (Tianxia Online Business)
4. Liu Qiangdong and his wife were shortlisted for the top ten for Forbes Charity List for the first time, with cash donations of more than 530 million yuan.
On July 31, the Chinese version of Forbes released the 2018 China Charity List. Liu Qiangdong and his wife, who made the list for the first time, ranked ninth with 530 million yuan.
据了解，刘强东夫妇代表京东集团捐赠的主要方向为教育。2017年，刘强东与京东集团分别为刘强东母校中国人民大学捐赠3亿、章泽天母校清华大学捐赠2亿设立京东专项教育基金等，通过实际行动表达了他们对母校的情谊。事实证明，企业家非常乐于给自己的母校捐赠现金或设立专项教育基金。这些高校得到来自校友的巨额捐赠，整体实力能够得到显著的提升，为社会培养更多顶尖人才，从而形成一个良性循环。
Internet Information
5. The removal of the B station app will continue until August 25th. Self-discipline will be strengthened
Yesterday in Shanghai, Bilibili issued the latest announcement that from July 26 to August 25, 2018, Bilibili will complete a self-censorship. And it will choose to re-list after August 25. On July 26, in accordance with the Cybersecurity Law and other relevant laws and regulations, relevant persons in charge of 16 online short video platforms including Bilibili were interviewed, and 12 of them were removed from the application store. Subsequently, Bilibili Barrage Network released the "Announcement on Comprehensive Content Rectification" today, saying that Bilibili Barrage Network will strictly rectify the content of the entire site in accordance with the requirements, and will focus on strengthening the construction of the website review team, and at the same time mobilize users to conduct self-examination and self-clearing of the content and the community. Bilibili believes that its daily operations will not be affected by this process and that temporary download suspension will not affect existing users. (Mobile China)
6. Alipay homepage launches the mini program portal
36Kr News, Alipay announced today that it will launch the "Mini Program Collection" portal on Alipay's homepage, with the function being a favorite of commonly used mini program. In the early stages of opening up, only users who have collected at least one Alipay mini program can see a fixed entrance in the application center. Guan Zhong, the head of Alipay mini program, revealed that in addition to the mini program collection entrance, the new Alipay mini program capabilities such as Huabei installment, pre-authorization, and mutual information reach of mini programs and life accounts are all being promoted in an orderly manner and may be launched soon. (36Kr)
7. Huawei surpassed Apple for the first time and became the world's second largest smartphone manufacturer
According to the latest report on August 1, IDC showed that Apple's market share in the second quarter fell from 12.1% in the same period last year to 11.8%, and total shipments fell by 1.8% to 342 million. Beyond by Huawei. Huawei's market share increased from 11% to 15.8% in the same period last year, becoming the world's second largest smartphone manufacturer after Samsung Electronics. Samsung's market share also shrank, falling from 22.9% in the same period last year to 20.9%. This is the first time Apple has fallen to the position of two major smartphone manufacturers in eight years. (E-commerce News)
8. iQiyi's net loss in the second quarter was US$316.9 million, an increase in year-on-year
On August 1, iQiyi released the company's unaudited financial report for the second quarter of 2018 ended March 31. According to the financial report, iQiyi's total revenue in the second quarter was RMB 6.2 billion (approximately US$932.5 million), a year-on-year increase of 51%; the net loss attributable to iQiyi was RMB 2.1 billion (approximately US$316.9 million), compared with a loss of RMB 953.2 million in the same period last year. After the financial report was released, iQiyi's stock price once rose by 8.7% after the market closed. As of the close of July 31, iQiyi's stock price was US$32.2. Currently, the company's market value is US$22.7 billion. (E-commerce News)
9. Douyu apologizes for the anchor’s comments about the Nanjing Massacre and will investigate the live broadcast content
According to the Weibo of Douyu Live Platform on July 31, a video of Douyu anchor Chen Yifa'er making wrong remarks in the live broadcast room in 2016 was circulated online recently, which was inconsistent with the values that Douyu has always adhered to. On this Douyu Live Platform, apologized to netizens for its ineffective supervision and conducted profound reflections. In response to this incident, Douyu Live Platform stated that it will require anchor Chen Yifa'er to rectify the live broadcast content, carry out self-inspection and self-correction of the platform, comprehensively check the live broadcast content of the platform, and further strengthen the content review force. (Pengpai News)
Cross-border e-commerce
10. The new policy on cross-border e-commerce retail import is about to emerge
After a two-year transition period, China's cross-border e-commerce retail imports will usher in a new regulatory policy this year. It was learned from the industry that as the transition period is about to expire again by the end of this year, the Ministry of Commerce and other relevant departments are intensively formulating post-transition policies. The new regulatory policy will make major changes based on the previous "48 New Policy". The general direction of policy ideas will be more adapted to the characteristics of cross-border e-commerce imports, including the research and introduction of customs clearance measures such as documents suitable for cross-border e-commerce retail imports that are different from general trade imports, and the formulation of a more flexible positive list. (Sutra)
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