#Laogao E-commerce Newsletter# [E-commerce Morning News on August 21] Alibaba may invest $5 billion to build a joint venture with Reliance in India; JD.com and the Aviation Industry Comprehensive Institute carry out drone cooperation; Ant Financial's IPO plan will be delayed for a few years before it will be listed; cross-border e-commerce in the eyes of retired NBA stars who have won the championship; Pinduoduo's rise is secretly in agricultural products...
E-commerce newsletter:
1. The secret of Pinduoduo's rise lies in agricultural products｜Hundreds of people talk about exclusive views
On August 20, Yibang Power Hundred People Classroom invited Guole CEO Chen Gongwei to share his latest thoughts on fresh food e-commerce. During this period, he said that Pinduoduo should be the largest trading platform for agricultural products in China. The agricultural products on it are cheap because they save unified sorting, packaging, intensive warehousing, logistics, and various distribution costs of dealers.
Chen Gongwei believes that the rise of Pinduoduo is not as simple as everyone thinks. It not only hits the stakes of the fourth, fifth and sixth tier people, but also a reason that people ignore is the role of agricultural products. "Pinduoduo should be the largest trading platform for agricultural products in China. On it, each farmer, as a seller, can initiate different group buying based on the output, quality, maturity time of their products, etc., and the platform will use different products, logistics, price and other algorithms to match different consumer groups." Chen Gongwei said. (Yibang Power News
2. Alibaba may invest $5 billion to build a joint venture with India Reliance Company
Alibaba has begun negotiations with Reliance Retail to form a large retail joint venture in India and invest at least $5 billion to challenge Flipkart and Amazon's dominance in India. The negotiations show that India's booming e-commerce market battle could be further intensified as two large, financially-heavy companies plan to join forces to challenge the leading players in the Indian market. Alibaba has proposed to acquire a large stake in Reliance Retail to create a giant in the digital market and expand Alibaba's physical retail business in India, people familiar with the matter said. (Sina Technology)
3. JD.com and the Aviation Industry Integrated Institute carry out cooperation in the field of drones
On August 20, JD.com and China Institute of Aeronautical Technology (Institute of Aeronautical Industry) signed a strategic cooperation agreement. The two parties will cooperate in four aspects: drone inspection and testing capabilities, standard research, quality engineering, airworthiness and safety, establish a drone inspection and testing center, jointly promote the construction of drone industry standards, national standards, and international standards, build an airworthiness assurance system and a drone safety simulation platform, and consolidate the leading position of both parties in the field of drones. (Europe)
4. How many years will Ant Financial’s IPO plan be postponed?
According to the Financial Times, Ant Financial is unlikely to go public before the end of 2019. A person familiar with the matter said there is still "several years" before it goes public. According to reports, the reasons for Ant Financial's delay in listing include the need to continue to burn money and the pressure to crack down on non-bank financial institutions from regulatory measures. (Tencent Technology)
Internet information:
5. NetEase: NetEase blog operation officially stopped from 00:00 on November 30, 2018
On the evening of August 20, NetEase Blog announced that starting from 00:00 on August 21, 2018, the official channel client download, new user registration and VIP recharge services will be stopped, and some functions of the website will be closed. At that time, users will not be able to upload logs, attachments, pictures, music and other content; they will not be able to comment. (Sina Technology)
6. Report says China has become the world's second largest consumer of TV programs
On August 21, the latest report by market information service company IHS Markit shows that China has now become the world's second largest consumer of TV programs, with related expenditures reaching US$10.9 billion in 2017, second only to the United States. The report pointed out that China ranks second, surpassing the UK with a spending of US$10 billion, including broadcast, television, and online services from companies such as Baidu, Alibaba and Tencent. However, the United States is still far ahead, reaching $58.3 billion. (E-commerce News)
7. Dangdang's rights protection voice: Refusal to pirated books has been supported by the publisher
Dangdang posted a proposal on his official Weibo to "reject pirated books and firmly advocate authentic rights protection!", which has received reposts and likes from hundreds of publishing houses and writers. Dangdang's statement also added an important weight to the debate on "fake goods", "counterfeit goods" and "pirated copies" over the past half month. In this Weibo post, Dangdang uses Douyin video to list the harm of pirated books: it endangers physical health, 100 times lead exceeds the standard, hexavalent chromium, disordered discharge, ghosting damages vision, and endangering commercial civilization. At the same time, it was pointed out that piracy does not mean cheap, genuine editions do not mean expensive, and proposed: "Reject pirated books and firmly advocate authentic rights protection!" (Lianshang.com)
8. Vanke announced its entry into the new retail self-operated brand All Things Market
With the implementation of many new retail projects such as Alibaba, JD.com, and Suning, many real estate developers have also targeted the opportunity and launched their own new retail projects. In fact, today's real estate developers are no longer simply focusing on commercial complexes. Poly Commercial has launched a variety of retail supermarkets with rich forms, including boutique supermarkets, community MALLs, community supermarkets, convenience stores, etc. Vanke has also launched "five dishes and one soup", "fifth canteen", supermarkets, banks, laundry, pharmacies, and "happy street markets". At the end of 2017, Poly Commercial's new retail project "Ruopi Nei Unmanned Convenience Store" was the first to open in Guangzhou. Vanke, which followed closely behind, recently opened its first self-operated new retail brand "All Things Market". (New retail)
9. Debang's net profit increased by 160% in the first half of the year after revenue exceeds 10 billion yuan.
On August 21, Debang Co., Ltd. released its 2018 semi-annual report. The company achieved operating income of 10.195 billion yuan in the first half of the year, an increase of 10.01% year-on-year; and its net profit of 307 million yuan, an increase of 159.58% year-on-year.
In terms of operating income, the number of internal business items was 192 million, an increase of 45.76% year-on-year; the operating income was 10.195 billion yuan, an increase of 10.01% year-on-year. This is mainly due to the company's continuous promotion of strategic upgrades and optimization of product structure. The express delivery business grew rapidly, the LTL business grew steadily, and the vehicle business was in a period of strategic adjustment. (Yibang Power)
Cross-border e-commerce
10. Cross-border e-commerce in the eyes of retired NBA stars who have won the championship
Through tools such as the Internet, more and more various roles have begun to participate in the global trade chain, and at the same time, it has also given the industry new vitality to achieve faster development. Metta World Peace (Chi Shiping, formerly known as Ron Artest) is an NBA player who has played for the Indiana Pacers, the Sacramento Kings, the Houston Rockets, the Los Angeles Lakers and other teams. He won the NBA Defensive Player of the Year Award and won the NBA championship while playing for the Lakers. (Yibang Power News)
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