#Laogao E-commerce Newsletter#[E-commerce Evening News on September 14]

　　#Laogao E-commerce News# [E-commerce Evening News on September 14] Pinduoduo's stock price soared by 30%, with a market value of US$33.2 billion; JD Finance turned losses into profits in Q1 this year, net loss of 2.1 billion last year; Cainiao invested 50 billion yuan to prepare for Double 11 logistics; Ctrip released the "Mid-Autumn Festival and National Day Tourism Forecast Report", which is expected to exceed 700 million during the holidays; China Telecom: Release 5G trial commercial mobile phones next year...

　　E-commerce newsletter

　　1. Cainiao invests 50 billion yuan to prepare for Double 11 logistics

　　On September 14, with the support of the State Post Bureau, China Express Association, Cainiao Network and major express companies held a Double 11 logistics service mobilization meeting to meet the huge number of parcels. On Double 11 this year, Cainiao Supply Chain Finance will invest 50 billion yuan to solve the financial problems of merchants through the full link. (E-commerce News)

　　2. JD Finance turned losses into profits in Q1 this year. The net loss last year was 2.1 billion yuan.

　　On September 14, the "Beijing JD Century Trading Co., Ltd.'s first asset-backed notes (Bond Connect) priority B-level issuance Document" disclosed by the Shanghai Clearing House on August 3 showed that Beijing JD Financial Technology Holding Co., Ltd. (hereinafter referred to as JD Finance) achieved a net profit of RMB 21.4 million in the first quarter of 2018, turning losses into profits from a loss of RMB 2.087 billion at the end of 2017. (Chuangyebang)

　　3. Alibaba's vehicle-road collaboration has made new progress: reaching strategic cooperation with Intel and Datang Telecom Group

　　Today, Alibaba AliOS announced that it will launch strategic cooperation with Intel and Datang Telecom Group, a subsidiary of China Information Technology Group, in the field of intelligent transportation-vehicle-road collaboration. In the future, we will fully plan the construction of intelligent road traffic networks, and strive to create a digital and intelligent transportation system to achieve vehicle-road coordination. (Cailianshe)

　　4. Pinduoduo's stock price soared by 30%, with a market value of US$33.2 billion

　　At the close of US stocks on September 13, Pinduoduo's stock price soared by 30%, with a market value of US$33.2 billion, ranking among the top four Chinese stocks in the US stock market, second only to Alibaba, Baidu and JD.com. (Yibang Power Network)

　　5. Burger King, Papa John and Ele.me connect to membership system

　　September 14th news, recently, to celebrate the 10th anniversary of Ele.me, Burger King has built its 118 Plaza store into a joint pop-up store between Ele.me and Burger King. Burger King is reportedly confirmed to open up the membership system between both parties with Ele.me at the end of this month, and merchant coupons will be used for the first time in physical stores and takeaway platforms. In addition, during the 15th anniversary celebration of Papa John, it will also connect with Ele.me and launch exclusive discount packages. (36Kr)

　　Internet news

　　6. Ctrip released the "Mid-Autumn Festival and National Day Tourism Forecast Report", which is expected to exceed 700 million tourists during the holidays

　　On September 14, Ctrip released the "Mid-Autumn Festival and National Day Tourism Forecast Report". The report predicts that domestic tourism will maintain a rapid growth trend during this year's National Day holiday, with the expected number of tourists exceeding 700 million, a record high. The report also predicts the top ten domestic travel cities in the National Day Golden Week 2018, namely Shanghai, Beijing, Chengdu, Chongqing, Guangzhou, Hangzhou, Nanjing, Shenzhen, Tianjin and Wuhan. (China Securities Network)

　　7. China Telecom: Release 5G trial commercial mobile phone next year

　　On September 14, at the 2018 China Telecom Smart Terminal Technology Forum held today, Lu Liangjun, deputy general manager of China Telecom Marketing Department, said that China Telecom will start 5G prototype technology verification in September 2018, and the first batch of plans to launch 60 5G prototypes; release 5G test machines in March 2019, with more than 1,200; release trial commercial machines in Q3 2019, with more than 2,500 5G terminals that have passed end-to-end network and business tests. (E-commerce News)

　　8. The nationwide network police collectively settled in Douyin to build a working matrix for the Internet police short video platform

　　September 14th news, today, the Cyber ​​Security Bureau of the Ministry of Public Security and Douyin jointly held the "National Internet Police Patrol and Law Enforcement Douyin Account Matrix Arrival Ceremony". Zhang Hongye, deputy director of the Cyber ​​Security Bureau of the Ministry of Public Security, said that the national Internet police department and Douyin short video jointly built a national Internet police Douyin short video platform work matrix, creating a new publicity window for the majority of netizens to improve their awareness of network security and law-abiding awareness, and will further enhance the network social governance capabilities of public security organs and maintain public security and social order in cyberspace. (E-commerce News)

　　9. Yang Yuanqing: Lenovo’s most difficult period has passed and is ushering in a new growth period

　　In the eyes of Yang Yuanqing, chairman and CEO of Lenovo Group, Lenovo, which has survived the cold winter of transformation, has finally come to speed up again. He said that the stage for laying the foundation for Lenovo's most difficult period has passed. In many public occasions, Yang Yuanqing repeatedly emphasized Lenovo's three-wave strategy: the first wave is personal computer business, the second wave is mobile business and data center business, and the third wave is new smart devices and "device + cloud" cultivation business. (Yicai)

　　Cross-border newsletter

　　10. Amazon CEO plans to allocate $2 billion to establish a charity fund for children's education

　　On September 14, Amazon CEO Jeff Bezos announced plans to allocate $2 billion to set up a charity organization dedicated to helping the homeless and educating preschool children. When announcing the charity plan, Bezos said that if a child falls behind at a young age, it will be difficult to catch up afterwards. So he believes that the money will pay "a huge dividend for decades." (E-commerce News)

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