#Laogao E-commerce Newsletter# [E-commerce Evening News on August 21] Alibaba cooperates with Zhejiang Free Trade Zone to win the first launch of new beauty products; Liu Qiangdong: JD.com is going to open 10,000 convenience stores; Financial Times: Lu Qi crosses the gap between the Chinese and American technology circles; Didi is about to enter Mexico City, the capital of Mexico; Samsung Electronics' growth slows down, and its stock price continues to fall...
E-commerce newsletter:
1. Alibaba and Zhejiang Free Trade Zone cooperate to win the first release of new beauty products
On August 21, Alibaba and Zhejiang Free Trade Zone jointly announced that Alibaba will become the first batch of partners to enter the Zhejiang Free Trade Zone.
It is understood that new cosmetics products that have entered the domestic market through general trade have to go through a year's filing cycle. After Alibaba and Zhejiang Free Trade Zone signed a contract, Zhejiang Free Trade Zone will join hands with the Zhejiang Provincial Food and Drug Administration to establish an exclusive park in Zhoushan to provide a full set of policy support for non-special-purpose cosmetics (cosmetics other than functional uses such as whitening and sun protection). For new products registered through Alibaba, it provides a full set of policy support including increasing testing resources, simplifying enterprise registration procedures, and rapid customs declaration and inspection. The new filing cycle can be achieved within 3 months. (E-commerce News)
2. Starbucks takeaway big data shows that 21.4% of Starbucks takeaway orders come from the morning
According to news on August 21, Ele.me data shows that 21.4% of Starbucks takeaway orders in Shanghai come from the morning! At the same time, the proportion of Shanghai people who also want to drink a cup of Starbucks during dinner is also the highest among first-tier cities, at 11.3%. Shenzhen is the first-tier city with the highest proportion of afternoon tea time, with 36%.
In terms of Starbucks takeaway food selection, latte directly dominated Beijing, Shanghai, Guangzhou and Shenzhen, becoming the highest-selling takeaway food, and the second place was also occupied by the American style very uniformly. Starting from the third place, the people of several cities have differentiated their performances. Among them, the best-selling Starbucks foods are all foods, coffee and desserts, and life can be said to be very delicious. (Interface News)
3. Liu Qiangdong: JD.com will open 10,000 convenience stores
I believe everyone knows that JD is no longer a simple e-commerce company. Although JD's e-commerce platform is very famous, Liu Qiangdong has focused on offline in recent years. According to Liu Qiangdong's meaning: JD now needs to vigorously develop JD convenience stores.
According to relevant data, JD Convenience Store is an innovative smart store of JD offline version. It empowers offline stores with JD's business philosophy. In addition to providing high-quality supply, JD will also export brands, models and management. Liu Qiangdong said that JD.com will open more than 1 million JD convenience stores in China in the next five years, of which half of them are in rural areas, hoping to achieve a JD convenience store in every village. As of last week, JD convenience stores opened an average of 1,000 to 1,200 per week, with nearly 50,000 applications per day. Liu Qiangdong also said that the goal of opening 1,000 stores per day by the end of 2018 is to open 1,000 stores per day. (Sina Technology)
4. Food community e-commerce "Shihuituan" received 100 million yuan in financing
36Kr News, community group buying company Shihuituan announced that it had received an investment of RMB 100 million, including Zhen Fund, Qiming Venture Capital and Yue Capital, as well as boutique community e-commerce companies with good things. This financing will be used for the national production resource upgrading and urban warehousing and logistics construction of Shihuituan, further consolidating supply chain barriers. (36Kr)
Internet Information
5. Didi is about to enter Mexico City, the capital of Mexico
According to local media reports, Didi began recruiting drivers in Mexico City, the capital of Mexico on August 20, and is said to be officially launched in October. Mexico City has a population of more than 21 million, and its transportation demand density and scale are comparable to that of Beijing and Shanghai; it is also one of the largest mobile travel markets in the world. (Titanium Media)
6. Cheetah: Xiaomi and Toutiao don’t contribute much to (cheetah) income
On August 21, Cheetah Mobile CFO Jiang Zhenyu interpreted the financial report and said that in terms of revenue, Xiaomi and Toutiao's contribution is actually very small. This way, you can acquire more users, which is actually the greatest contribution to revenue. (E-commerce News)
7. Financial Times: Lu Qi crossed the gap between China and the United States
According to the Financial Times on August 21, Sam Altman, founder of the Silicon Valley startup incubator Y Combinator, first met Lu Qi in 2005, when the Chinese-born tech expert played for Yahoo, who was a teenager. Last week, Altman announced that he had hired Lu Qi to establish a Y Combinator branch in China to help find startups in mainland China to invest and support. (Chuangyebang)
8. 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 Network)
9. Samsung Electronics' growth slows down, and its stock price continues to fall
According to foreign media reports, as concerns about the peak of semiconductor super cycles are increasing, Samsung Electronics' stock price has continued to fall recently. While the company is expected to deliver its strongest third-quarter performance ever this year, that doesn't seem to have any impact on its share price. Market experts have mixed views on the company's prospects. Some industry insiders say Samsung Electronics' growth will slow after the end of the semiconductor supercycle. (Tencent)
Cross-border e-commerce
10. Amazon launches bank holiday promotions for 8 days
Recently, Amazon announced that it will launch the largest August Bank Holiday promotion ever. The event is only available for Amazon UK site and lasts up to 8 days, from 00:01 on August 22 to 23:59 on August 29.
Small sellers, craftsmen on the platform, and startups participating in Amazon Launchpad will offer deals. Some outdoor lighting supplies are discounted by 25%, and return to school supplies are discounted by as much as 40%. (E-commerce News)
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