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#Laogao E-commerce Newsletter# [E-commerce Morning News on September 19]

2018-09-19

  #Laogao E-commerce Newsletter# [E-commerce Morning News on September 19] Jiang Chaoliang and Wang Xiaodong held a discussion with Liu Qiangdong, Chairman of the Board of Directors of JD Group; for Taobao and Tmall users, the new version of "Ali Xiaomi" was launched; Jack Ma talks with 11 world-class mathematicians: mathematics should become the basis of young people; an executive of a Tencent investment department announced his resignation; Meituan Dianping: Set the Hong Kong IPO issue price at HK$69 per share...

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  E-commerce newsletter:

  1. Jiang Chaoliang and Wang Xiaodong had a talk with Liu Qiangdong, Chairman of the Board of Directors of JD Group

  On September 18, Jiang Chaoliang, Secretary of the Hubei Provincial Party Committee and Chairman of the Standing Committee of the Provincial People's Congress, and Wang Xiaodong, Deputy Secretary of the Provincial Party Committee and Governor, held a discussion with Liu Qiangdong, Chairman and CEO of JD Group in Han. Liu Qiangdong said that JD Group is full of confidence in its development in Hubei and will further expand its investment. Focusing on the development of digital economy such as smart logistics and distribution systems, "big data + cloud computing", accelerate the construction of intelligent settlement centers, talent and R&D centers, cloud computing and data storage centers, etc., and face the group's development in the next 20 years, and make greater efforts to layout Hubei. (Hubei Daily)

  2. For Taobao and Tmall users, the new version of "Ali Xiaomi" is launched

  Recently, Alibaba Group’s customer experience business group announced that it has officially launched its first exclusive AI customer service robot for Taobao and Tmall users - the new version of “Ali Xiaomi”. Based on the analysis of massive data and the calculation of intelligent modules, the new version of Alibaba Xiaomi has launched multiple intelligent service functions such as "personalized title", "Guess You Want to Ask", and "Service Manager", which will upgrade from problem-centric customer service to user-centric intelligent assistant. (Yibang Power Network)

  3. Alibaba CFO Wu Wei: Strong growth supports Alibaba's long-term value

  36Kr News, today, at Alibaba's 2018 Global Investor Conference, Alibaba Group Chief Financial Officer Wu Wei explained Alibaba's investment value to more than 500 professional investors attending the meeting. She pointed out that Alibaba's strong growth will support Alibaba's long-term value. In fiscal year 2018, Alibaba achieved a year-on-year growth of 58%, surpassing the world's top Internet companies including Facebook, Amazon, Netflix and Google. (36Kr)

  4. Alibaba CEO Zhang Yong: Ele.me has become a new entry point for Alibaba’s strategy

  36Kr news, at the annual Global Investor Conference today, Alibaba Group CEO Zhang Yong systematically explained Alibaba’s current and future strategic chess game. Among them, Alibaba’s new army of Ele.me through the group’s new army, Ele.me, empowered the three major sections of “merchant, users, and logistics”, and made every effort to expand to second- and third-tier cities and below. Investors praised Zhang Yong as the “point three-three” work that took the lead in Alibaba’s strategic layout. Zhang Yong said that Alibaba is creating and promoting new "crawlers" for local life services, including Ele.me. (36Kr)

  5. Jack Ma talks with 11 world's top mathematicians: Mathematics should become the foundation of young people

  On the evening of September 18, Alibaba Chairman Jack Ma returned to class and listened to 11 top global mathematicians "telling" in Hangzhou. Alibaba previously released a math plan and held a math competition. Jack Ma said that Alibaba supports mathematics because it is closely related to the future and global human beings. "Mathematics should become the foundation of young people, just like sports mathematics. If the foundation of mathematics is solid, human beings will be solid." (36Kr)

  Internet information:

  6. An executive of a Tencent investment department announced his resignation

  On September 19, Tencent executive Jonathan Lai said he has resigned from Tencent and will hold a similar position at hedge fund Coatue Management. Tencent has not commented on this yet, and Coatue Management has not responded. Jonathan Lai joined Tencent in 2015 and served as the director of its interactive entertainment department. He has helped Tencent invest in several overseas digital entertainment startups. (Titanium Geek)

  7. Meituan Dianping: Set the Hong Kong IPO price at HK$69 per share

  According to 36Kr news, Meituan Dianping announced that it will set the Hong Kong IPO issue price at HK$69 per share. It plans to raise HK$32.6 billion in Hong Kong and is expected to be listed on September 20. (36Kr)

  8. Qualcomm plans to add at least two new board members

  According to Reuters, people familiar with the matter told Reuters that Qualcomm is preparing to add at least two board members. Investors expressed dissatisfaction with the company when most of the directors of Qualcomm's board, including CEO Steve Molenkov, were elected last March, and while they did not object, no more than 50% voted in favor. Qualcomm hopes to appease shareholders who refused to vote for its board of directors last March by adding board members. (Pinwan)

  9. DingTalk joins forces with Shandong Unicom to promote smart government services

  Today, Shandong Unicom and Alibaba DingTalk jointly released the "Smart Service Expert" service brand, which is the latest government affairs industry solution revealed by DingTalk to target the Shandong industry ecosystem. According to Kang Yanrong, general manager of Alibaba DingTalk Operator Cooperation Department, DingTalk's newly released government affairs industry solutions cover all aspects of government affairs such as mobile office, government affairs meetings, inspection and supervision, smart party building, targeted poverty alleviation, and safe government affairs. (Sohu)

  Cross-border e-commerce:

  10. Swami, Vice President of Amazon AWS: The existence of cloud greatly promotes enterprises to use AI

  Swami Sivasubramanian, vice president of AWS at Amazon, said that in the past, only large Internet companies and well-capitalized companies could run such a large system (using AI technology) on their own databases, while small companies rarely could bear it independently. But it is because of the emergence of the cloud that this state has changed. Now, even startups can use artificial intelligence on demand from scratch, and the cost can be very low and data can be very safe. (Everything)


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