#Laogao E-commerce Newsletter# [E-commerce Morning News on September 14] Following Pinduoduo, e-commerce platform Xinge is preparing to go to the United States for IPO; JD.com and offline physical stores have launched borderless retail cooperation; Cainiao: During Double 11, all Cainiao smart cabinets will continue to be free for couriers; iQiyi launches short video software Jinshi, targeting middle-aged and elderly people; Walmart's e-commerce website Jet will launch localized customization services...
E-commerce newsletter:
1. Following Pinduoduo, e-commerce platform Xinge is preparing for IPO in the United States
On September 13, Contact Interactive held a shareholders' meeting and agreed to Newegg's official preparation for the IPO in the United States. This is another Chinese-owned e-commerce platform that has started its listing since Pinduoduo went public. (Securities Times)
2. JD.com joins hands with offline physical stores to start borderless retail cooperation
On September 13, JD.com officially announced that it will work with China Telecom to create a business empowerment model that integrates online and offline accurately, and held a launching ceremony for borderless retail cooperation in China Telecom's physical stores. JD.com will integrate with China Telecom's extensive physical store layout with its advantages such as supply chain, online traffic, logistics and technology, and provide stores with all-round empowerment support such as traffic diversion, product selection, precise marketing, and logistics through the latest technical means such as Jpass, omni-channel, one-piece goods, and mini-programs. (Securities Times)
3. Rookie: All Rookie smart cabinets will continue to be free for couriers during Double 11.
Cainiao announced today that all Cainiao smart cabinets will continue to be free for couriers during Double 11. At present, Cainiao Station smart cabinets have covered large and medium-sized cities across the country, including Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou. Couriers can exempt them from mobile phone numbers and batches of cabinets. At present, the Cainiao Station 2.0 model for on-demand service has been implemented in some stations in 20 large and medium-sized cities including Hangzhou, Guangzhou, Shenzhen, Tianjin, Xi'an, Suzhou, Wuxi, Dalian, and Shijiazhuang, and is being promoted nationwide. (Europe)
Internet information:
4. Lei Jun responded to the reasons for the adjustment of Xiaomi's organizational structure
Lei Jun said that the basic idea of this adjustment is to strengthen the headquarters functions first, and the partners return to the group to guide young managers from the strategic and management levels. The work of the General Staff and Organization Department led by Wang Chuan and Liu De is to assist in formulating the group's development strategy and supervise the strategic implementation of various business departments, and to do a good job in training and management of core talents. "If Xiaomi wants to become a trillion-dollar company, it must enhance its brain capabilities and concentrate experienced core executives at the headquarters to make this brain the same as me." (Geek Park)
5. Is the trademark covered with face and expressions registered? Tencent: Apply for objection within the statutory period
In the past two days, the information "Can you chat well in the future" has been widely circulated online - WeChat's trademark covering the face was snatched by Jin Zhaoping, a native of Yiwu, Zhejiang. On September 13, Tencent responded that the facial expressions of WeChat's daily yellow face expression series were completed by three or four designers for five months. "Tencent will apply for objection to the trademark within the statutory time limit." (Upstream News)
6. It is said that Toutiao plans to do Internet finance in Hong Kong, but the official response said it would not comment.
On the 12th, some media said that Toutiao intends to engage in Internet finance business in Hong Kong. Regarding this, the relevant person in charge of Toutiao said that he would not comment. Previously, there was also news that Toutiao applied for an online micro loan license in Yinchuan, Ningxia. In response to this, the above-mentioned Toutiao relevant person also expressed his refusal to comment. (International Financial News)
7. iQiyi launched short video software Jinshi, targeting middle-aged and elderly people
On September 11, iQiyi launched a new short video software Jinshi on the APP store, targeting middle-aged and elderly people. This is also iQiyi's third short video product. Unlike the products such as Nadou and Eating Whale that were launched before, Jinshi's tendency to vertical people is more obvious. Users can open the software to consume short video content including health, military, and current affairs. In addition, Jinshi has added a product function to listen to videos to serve users' switching needs between video and audio. (Three tones)
Cross-border e-commerce:
8. Jet, a Walmart e-commerce website, will launch localized customization services
On September 14, according to Tech Crunch, Walmart acquired Jet.com e-commerce website in 2016 has undergone major updates, launched a localized shopping catalog and will also launch a 3-hour delivery service to compete with Amazon's Prime Now. Localization homepage work first started in New York and will be promoted to Boston, Philadelphia, and Washington. (E-commerce News)
9. Amazon CEO Bezos announces the establishment of Bezos Day One Fund
Amazon CEO Bezos announced the establishment of the Bezos Day One fund, launching with a promise of $2 billion. Bezos said the fund will be committed to funding nonprofits, helping homeless families and setting up kindergartens for low-income communities. (Tiger Sniff)
10. Amazon becomes the largest clothing retailer in the United States this year
According to Euromonitor International, Amazon.com Inc. in the United States was the second largest clothing seller in 2017, second only to Walmart Inc. (NYSE:WMT) the world's largest retailer. Ike Boruchow pointed out that Amazon.com Inc.'s website stay and number of new customers continued to rise last year, selling nearly $25 billion in clothing and shoes throughout the year, a 4-5-fold increase from five years ago. (Yibang Power)
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