#Laogao E-commerce News# [E-commerce Evening News on September 11] Jack Ma attended the Oriental Economic Forum to sign a contract with the three Russian giants; University of Minnesota angrily criticized the school: evading responsibility in the Liu Qiangdong case; Didi suspended service late at night: worried about another vicious incident during the rectification period; Tencent Investment and M&A Department responded to "Investment Bullet Message": There is no such thing; Walmart is losing high-end outdoor brands...
E-commerce newsletter
1. Jack Ma attended the Oriental Economic Forum to sign a contract with the three Russian giants
On September 11, Alibaba Chairman Jack Ma attended the 4th Oriental Economic Forum in Russia. Alibaba Group has announced the establishment of a new strategic partnership with the Russian Direct Investment Fund (RDIF), Mail.Ru Group and MegaFon. At Putin's roundtable for entrepreneurs, Russian President Putin expressed support for Alibaba's development in Russia. It is reported that this is Putin and Jack Ma's fourth meeting. (E-commerce News)
2. University of Minnesota angrily criticized the school: Escape from responsibility in the Liu Qiangdong case
On September 10, local time, the University of Minnesota criticized the school for its inaction. The article said that the school has not made a formal statement in the case of Liu Qiangdong so far, and has only pushed all the responsibility to the police, proving that the school does not care about the safety of students at all. The article even said that if the school does not respond, it will sue the school. (Sina)
3. Midea steadily advances global business and accelerates Toshiba project integration
On September 11, Midea Group announced its 2018 semi-annual report. According to the financial report, in order to further promote global business layout, build a global supply collaboration mechanism, and promote product globalization, Midea has established a total of 15 overseas production bases around the world, with more than 35,000 employees. In order to strengthen overseas local operations and optimize the proportion of localized supply chains, 24 sales and operation agencies have been established around the world, with business involving more than 200 countries and regions; Midea is also committed to laying out future product technologies, and has set up a total of 20 global R&D centers in nine countries including the United States, Italy, Germany, India, and Singapore. (Yibang Power Network)
4. Research says Samsung smartphone shipments will fall below 300 million this year
On September 11, Samsung Electronics' smartphone shipments are expected to fall below 300 million units this year, the first time since 2013. Research firm Strategy Analytics said Samsung's smartphone shipments are expected to reach 298.5 million units this year and expects its sales to plummet in the third quarter, as sales of the new flagship Galaxy S9 are lower than expected, and price competition from Chinese mobile phone manufacturers. (E-commerce News)
Internet news
5. Ministry of Transport: Didi stops hitchhiking indefinitely before rectification
The Ministry of Transport and the Ministry of Public Security issued a notice on the 10th that from now until December 31, a special rectification campaign will be organized nationwide to crack down on illegal taxi operations. The notice clearly states that passenger information protection should be strengthened, social functions of hitchhiking platforms should be closed, passenger information should be blocked, and personal privacy should be prevented. (ZZY)
6. The truth about Didi’s server suspension late at night: Worry about another vicious incident during the rectification period
According to September 11, Didi has suspended its late-night travel service for a week starting from September 8. In this regard, travel industry analysts believe that the real reason for the late-night suspension of service may be the safety pressure during the "rectification period". Didi completes tens of millions of services every day, and it is almost impossible to ensure that there are no safety incidents. In addition, if another vicious incident occurs during this period, Didi will inevitably put it again in a disadvantageous position for public opinion. Didi employees also said that the company has a lot of safety pressure recently, and there are so many orders every day, no one can guarantee that there will be no emergencies again. (36Kr)
7. Tencent Investment and M&A Department responded to "Investment Bullet SMS": This is not true
Recently, there are rumors online that Tencent’s investment department will invest on the second day after the bullet text message was launched. In this regard, Tencent Technology asked Tencent Investment and M&A Department to verify. The other party said that this was not the case, but had a brief communication on WeChat many days ago and had not mentioned investment matters. (Tencent Technology)
8. Xiaomi reaches a patent licensing agreement with Japan's largest mobile operator
September 11th news, according to foreign media reports, Xiaomi Group has reached a global licensing agreement with Japan's largest mobile operator NTT Docomo, which covers NTT's standard essential wireless patents. It is reported that NTT has contributed to the specifications of all generations of mobile network technologies. The company previously announced plans to commercialize 5G services in 2020, when this service will be available for online during the Tokyo Summer Olympics.
Analysts said that Xiaomi is conducting product sales worldwide and is signing formal patent licensing agreements with more and more patent holders, which can minimize the hassle of internationalization in patent litigation. Previously, Xiaomi also signed a license agreement with telecom patent holders such as Qualcomm and Nokia. Lei Jun once told the media that Xiaomi owns 6,324 patents, of which 53% are outside China. These patents will lay the foundation for Xiaomi's internationalization. (E-commerce News)
9. ofo stated that Al Finance and Economics reports were false
36Kr news, today ofo responded to the report "ofo Investor: Didi does not express its statement that Alibaba's loan has not been paid, and only some employees have received wages" released by Al Finance and Economics, saying that the salary of the company's employees has been paid normally, and there is no situation where only some employees' wages are paid. The report by Al Finance and Economics is purely a rumor, which seriously damages ofo's corporate goodwill. Ofo will reserve the right to further resort to the law for such unscrupulous acts of deceiving the public and maliciously slandering them. (36Kr)
Cross-border newsletter
10. Walmart is losing its high-end outdoor brand
According to the Wall Street Journal, Walmart recently added a store page to its outdoor products subsidiary Moosejaw on its official website, showing off products from various other high-end brands, but many brands opted out. The products of brands such as Leki, Deuter and Black Diamond were asked to be removed from the official website shortly after they appeared on the website.
Currently, about a third of the Walmart brands added to the outdoor products page have left, but the retailer is adding other brands and intends to make up for the losses within two months. Concerns about falling prices or damaged brand reputation are the main reasons many brands leave. (Chuangyebang)
Click to register to apply to join the well-known domestic e-commerce network - Laogao E-commerce Club. Any merchants from all over the country, Tmall merchants, Taobao Crown Store, Jinguan Store, and other e-commerce platform merchants can apply to join!
,
EN
CN
