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#Laogao E-commerce Newsletter# [E-commerce Morning News on September 5]

2018-09-05

  #Laogao E-commerce Newsletter# [E-commerce Morning News on September 5] JD.com's stock price plummeted nearly 6% on Tuesday, Amazon's market value once exceeded US$1 trillion; Tencent and Yonghui cooperated to launch a new home delivery business model; Didi Chuxing launched security rectification and will stop service late at night from September 8 to 13; Mobike data revealed that it has 48.1 million active users; Baidu Video completed a US$100 million Series B financing, and the mobile download volume exceeded 600 million...

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  E-commerce newsletter:

  1. JD.com's stock price fell nearly 6% on Tuesday, and Amazon's market value once exceeded $1 trillion

  U.S. stocks closed slightly lower on Tuesday. The United States and Canada will restart trade negotiations on Wednesday, with uncertainties related to international trade relations putting pressure on U.S. stocks. Affected by negative news from founder Liu Qiangdong, JD.com's stock price fell nearly 6% on Tuesday, hitting a new low in nearly a year and a half. In contrast, Amazon's market value once exceeded the $1 trillion mark during the session. As of the close, the Dow Jones Industrial Average fell 12.34 points, or 0.05%, to 25,952.48 points; the S&P 500 fell 4.8 points, or 0.17%, to 2,896.72 points; and the Nasdaq fell 18.29 points, or 0.23%, to 8,091.25 points. (Phoenix Technology)

  2. Tencent and Yonghui cooperate to launch a new home delivery business model

  On September 4, Yonghui and Tencent showed the outside world for the first time their new home delivery business model, Yonghui Life Satellite Warehouse. Yonghui Life Satellite Warehouse is currently the first to be launched in Fuzhou for exploration and operation. Users place orders through Yonghui Life APP and mini-programs, and Yonghui Life Satellite Warehouse delivers orders to users with 3 kilometers of surrounding areas, providing quality fresh food and global good goods, and delivering them to their homes in as fast as 30 minutes to meet users' fresh and convenient daily shopping needs. (E-commerce News)

  3. Citigroup will include JD.com on the "negative catalytic observation list"

  According to September 5, Citigroup included JD.com on the "Negative Catalyst Watch" yesterday, which was mainly affected by the "Liu Qiangdong Incident" founder of JD.com. At present, Liu Qiangdong has returned to China and returned to normal work. Today, Liu Qiangdong also attended the strategic cooperation press conference with Ruyi Holdings Group at JD headquarters. (E-commerce News)

  4. Medical e-commerce "Jianke" completed a new round of financing of US$130 million and plans to go to the United States in 2019

  According to Reuters on the evening of September 4, pharmaceutical e-commerce company Jianke has completed a new round of US$130 million in financing, led by Gaotejia, HBM, Kaixin Asia Investment and other funds. Jianke CEO Xie Fangmin said that after this round of financing, Jianke will focus on upgrading the intelligent application of patient chronic disease management and the construction of Internet hospitals. A person familiar with the matter revealed: Jianke's current valuation is between US$500 million and US$600 million; it plans to complete another round of private equity financing before going public in the first half of 2019. (36Kr)

  Internet information:

  5. Didi Chuxing will start safety rectification and service will be suspended from late night from September 8 to 13

  According to September 4, Didi Chuxing will launch safety rectification today and will stop taxis, express, Uber, Youxiang, carpooling, special cars and luxury car services from September 8 to September 13 at 23:00-5:00. After that, a one-click alarm function will be launched; the safety center quick entrance will be launched; passengers will be prompted to add emergency contacts; the full-process recording function will be tested; driver safety knowledge assessment will be conducted every day, and orders will be accepted after passing; criminal record screening will be carried out; self-built customer service team will be increased to 8,000 by the end of the year. (E-commerce News)

  6. Xiaomi's ecological chain needs to be adjusted again, and Liu De may step down as head of the sect

  According to people familiar with the matter, Xiaomi's ecological chain structure will be adjusted again. Xiaomi's co-founder and head of the ecological chain Liu De is already in a semi-retired state, and Qu Heng may take over as the head. In addition to personnel adjustments, there are also architectural adjustments: breaking the whole into pieces, and smart hardware and laptops will be separated from independence. In response, Xiaomi Eco-chain Public Relations stated that they had not received any email notification. According to insiders, Xiaomi's ecosystem will have major structural adjustments and will send an email notification as soon as next week. (NetEase)

  7. TikTok officially opens the star map platform, and experts should share the platform's share with them when receiving advertisements.

  Recently, the Douyin Star Map platform was officially opened for use. Star Map is the official promotion task order acceptance platform for Douyin. In the past, when brands asked experts to shoot advertisements, experts only needed to report at the official report link given by Douyin, and Douyin did not take a commission. Now, the official order acceptance platform is launched, which means that Douyin will charge a certain additional fee from the native advertisements of experts in the future. (interface)

  8. Baidu Video completed a US$100 million Series B financing, with mobile downloads exceeding 600 million

  Baidu Video has recently completed its B round of financing, led by Baidu. Other major investors include Intime Fund, Jingkai Capital, Guojin Fund and other investment institutions, with a total investment of US$100 million. After this round of financing, Baidu Video will further increase its investment in the research and development of cutting-edge technologies such as content self-production, content investment, and artificial intelligence. (Shooting Pepper Entertainment Investment)

  9. Mobike data exposed has 48.1 million active users

  On September 4, Meituan Dianping updated its IPO prospectus today, adding the latest data as of April 30, 2018, including related data from Mobike after being acquired by Meituan on April 4 to April 30. The prospectus shows that during this period, Mobike earned 147 million yuan and lost 480 million yuan. And as of April 30 this year, Mobike had 48.1 million active bicycle users and 7.1 million active bicycles, with a total of more than 1 billion ridings. (E-commerce News)

  Cross-border e-commerce

  10. Amazon's market value exceeds $1 trillion, analysts warn: The stock has exceeded

  Earlier Tuesday, Miller Tabak equity strategist Matt Marley wrote in a research note to clients that the stock was in danger just before Amazon’s market cap hit $1 trillion. "This seems quite extreme, and I think the stock price may fall back," he said, noting that Amazon's stock price is currently a staggering 136% higher than the 200-week moving average. However, he will not short Amazon at present, nor will he sell Amazon stocks. (Sina)


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