#Laogao E-commerce Newsletter# [E-commerce Evening News on August 1] 1. Pinduoduo: fully cooperate with relevant departments to carry out investigations and strive to meet the expectations of society and consumers; 2. JD.com responded to the adjustment of JD.com's business segment: to better improve organizational efficiency; 3. Report: The takeaway industry has established a relatively stable "631" pattern; 4. Huawei surpassed Apple for the first time and became the world's second largest smartphone manufacturer; 5. ofo refuted the rumors that Didi's acquisition of 3 billion US dollars insists on independent development...
E-commerce newsletter:
1. Pinduoduo: To fully cooperate with relevant departments to carry out investigations and strive to meet the expectations of society and consumers
On August 1, the State Administration for Market Regulation stated that it is closely following reports on "Pinduoduo" with the media. In response to the platform's sales of infringement and counterfeit goods, it has asked the Shanghai Municipal Administration for Industry and Commerce to conduct serious investigations and inspections. In response, Pinduoduo issued a statement and responded that it will fully cooperate with the industrial and commercial and market supervision departments to conduct investigations, further crack down on infringement and counterfeit goods on the platform, and strive to meet the expectations of society and consumers. At the same time, Pinduoduo also sincerely welcomes all sectors of society to work together to form a social co-governance situation to combat infringement and counterfeit goods, and jointly provide better services to the widest range of consumers. (Chuangyebang)
2. vivo and Tmall jointly established the "New Machine Research Institute" to create mobile phones with the help of Tmall big data
36Kr News, vivo announced that it would use Tmall big data to create new mobile phones, and jointly set up a "New Machine Research Institute" with Tmall, which is the first to "C2B manufacturing" in the mobile phone industry. Consumers can also make demands through Tmall, and vivo will make decisions on the research and development and design of the next generation of products. The first vivo customized mobile phone with Tmall big data will be released during Double 11. (36Kr)
3. JD.com responded to the adjustment of JD.com’s business segment: to better improve organizational efficiency
Today, it is reported that JD.com released an internal email announcing adjustments to its business segments. In response, JD.com replied: "In order to better improve the organizational efficiency of JD.com and promote business innovation and coordination, the group management decided that JD.com will integrate existing institutions into seven virtual sectors according to business logic, according to the business logic, and cancel the original system division, and integrate similar functions in different systems according to the corresponding improvement of overall coordination efficiency." (JD.com)
4. Suning launches the "Beijing Strategy" for smart cities to consolidate its position in the home appliance market
On August 1, Suning launched the "Beijing Guide" for smart cities in Beijing on July 31. It is understood that the process of promoting the "Beijing Strategy" is mainly divided into multiple aspects such as consolidating the market position of the home appliance market, accelerating the construction of Suning Xiaodian smart community, and implementing new business formats such as retail cloud stores.
Hou Enlong, president of Suning.com, said that Beijing is not only the highest-weighted region in Suning's retail system, but the headquarters of Suning Cultural and Creative and Suning Sports will also be gradually implemented in Beijing. As Beijing fully realizes its home goal of smart retail, some of Suning Group's core functions and resources will also be tilted towards Beijing. (E-commerce News)
5. Zaoyou.com completed a US$150 million financing round of C1 C2
On August 1, Yibang Power learned that Zaoyou.com announced today that it had completed the C1 and C2 rounds of financing, with a financing amount of US$150 million. This round of financing was led by family fund Rainbow Capital, and Prologis led the C2 round, followed by Tide Capital, Oceanpine Capital and G7. Old shareholders GGV, DCM, SIG Haina Asia, Yunjiu Capital and Yunqi Capital all participated in this round of financing. (Yibang Power Network)
Internet Information
6. Report: The takeaway industry has established a relatively stable "631" pattern
Recently, data monitoring agency Trustdata released the "Analysis Report on the Development of China Mobile Internet Industry in the First Half of 2018". The report shows that in the first half of 2018, the transaction volume of Meituan Takeout, Ele.me and Baidu Takeout accounted for 59%, 36% and 3% respectively. At present, the transaction volume of the domestic takeaway market has been divided up by leading companies, and the takeaway industry has established a relatively stable "631" pattern. (36Kr)
7. Huawei surpassed Apple for the first time and became the world's second largest smartphone manufacturer
IDC's latest report shows that Apple's market share in the second quarter fell from 12.1% in the same period last year to 11.8%, surpassing 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. (Sina.com)
8. Baidu's Q2 net profit increased by 6.4 billion yuan year-on-year
Baidu (NASDAQ:BIDU) today released its unaudited financial report for the second quarter of fiscal year 2018 ended June 30. According to the financial report, according to the US General Accounting Standards (GAAP), Baidu's total revenue in the second quarter was 26 billion yuan (RMB, the same below) (approximately US$3.93 billion), a year-on-year increase of 32%; the net profit attributable to Baidu was 6.4 billion yuan (approximately US$967 million), a year-on-year increase of 45%. (Phoenix Technology)
9. ofo refutes rumors. Didi's acquisition of 3 billion US dollars insists on independent development
On July 30, 2018, according to 36Kr, ofo and Didi had many contacts on the acquisition recently, and the negotiations were coming to an end, and the price of the acquisition was still ongoing.
The news said: ofo received a bid this month was close to US$3 billion, which is closer to the previous price of Meituan's acquisition of Mobike.
ofo then responded that the news was not true and ofo will maintain long-term independent development with the support of many investors. (Investment World)
Cross-border e-commerce
10. Japan Kintetsu Department Store announced its entry into JD Global Shopping
JD Global Shopping announced yesterday that it had signed a strategic cooperation agreement with Japan's Kintetsu Department Store. Kintetsu Department Store’s overseas flagship store is officially launched on JD Global Shopping, and will launch products from Japan such as beauty and skin care, personal care, mother and baby, mother zones, home daily necessities, clothing and underwear. It is reported that Kintetsu Department Store was established in 1934. As of now, 10 department stores have been established in Osaka, Nara, Nagoya and other places in Japan. (Chuangyebang)
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