#Laogao E-commerce Newsletter# [October 24 E-commerce Evening News Brief] This year's "Double 11" parcel volume will be in the record; Liu Qiangdong may enter private equity; NetEase Yanxuan launches group buying business and acquires new users through 1 yuan products; Alipay releases its tenth anniversary report, which has provided services to nearly 500 million people in more than 300 cities; Kuaishou will launch an integrated marketing platform at the end of October...
E-commerce newsletter
1. This year's "Double 11" parcel volume will be in record
On October 24, it was learned from the interview with Cainiao Intelligent Logistics Backbone Network that the volume of parcels this year is expected to be in a record-breaking record, the army of robots in the express delivery industry is accelerating its upgrading, and automation technology has been popularized throughout the industry.
In order to prepare for the "Double 11", YTO Express has invested nearly 40 sets of automated sorting equipment this year, renovating nearly half of the transfer centers, and greatly improving sorting efficiency; at ZTO Express, 24 transfer centers have launched a double-layer automatic sorting system; more than 14 new and expanded transfer centers of Shentong Express have been put into use, with an estimated new operating area of more than 230,000 square meters and an average daily express processing capacity of 10 million pieces; Debang Express has launched a smart fleet, and data control and sharing will be realized during the "Double 11" period, and risks will be discovered and dealt with as soon as possible. (E-commerce News)
2. Liu Qiangdong may enter private equity
On October 24, an enterprise called "Jinghedu (Dongguan) Equity Investment Management Co., Ltd." recently completed the registration with the China Securities Investment Fund Industry Association. This private equity is an industrial investment platform jointly created by JD Group and Urban Beauty. Judging from its equity structure, through layers of holdings, Liu Qiangdong can be seen. (E-commerce News)
3. NetEase Yanxuan launches group buying business and acquires new users through 1 yuan product
NetEase Yanxuan App quietly launched the group buying business "Yanxuan Together", and marked with the words "Excellent value 1 yuan group, free shipping for the whole venue". Click on the product interface, there are 5 products with a price of 1 yuan, all of which can only be purchased by new users. I hope to acquire users through the low-price strategy of group buying. In this regard, NetEase Yanxuan said that the group buying business will be available in 2017. NetEase Yanxuan App has a variety of operating methods such as limited-time purchase and crowdfunding. Group buying is one of the ways to play. (Sina)
4. Top 100 Financial Technology in 2018: Ant Financial First, JD Finance Second
According to foreign media reports, on Tuesday, KPMG and fintech investment company H2 jointly released the 2018 top 100 fintech companies, ranking fintech companies that have changed the financial industry around the world, Ant Financial first, JD Finance second, Du Xiaoman fourth, and Lufax tenth. It is reported that this list includes financial technology companies from multiple industries, such as digital payments, loans, insurance technology and new banking systems. (Tencent Technology)
5. "Online Tree Planting" will be certified by the state, and Ant Forest will be included in the national voluntary tree planting responsibility system
On the 23rd, the Office of the National Greening Committee, the China Greening Foundation and Ant Financial signed a strategic cooperation agreement on "Internet + Voluntary Tree Planting" at the National Forestry and Grassland Administration. The "Ant Forest Tree Planting Certificate" and the "National Voluntary Tree Planting Certificate" will achieve interconnection. According to relevant regulations, by the end of November, forest users with three "Ant Forest Tree Planting Certificates" can apply online for a "National Voluntary Tree Planting Certificate". (Xinhua News Agency)
Internet Information
6. Alipay released its 10th anniversary report, providing services to nearly 500 million people in more than 300 cities
According to October 24, today, Alipay released the "10th Anniversary of Online Services" report, revealing the first batch of "Top Ten No-Leisure Cities" and the first batch of the most popular "four major functions". At the same time, data shows that over the past ten years, more than 500 million people in more than 300 cities have provided more than 100 types of services including government affairs, medical services, transportation, living expenses, etc., and more than 50% of the popular service functions can be handled online. China is fully entering the era of online service. In the next 10 years, it is expected to go further and enter the era of face-scanning service. (36Kr)
7. Hello Travel Yang Lei: Shared bicycles are a business that is easy to start and then difficult to do
According to October 24, at the GGV Change + Conference held recently, Hello Travel CEO Yang Lei said that shared bicycles are a business that is easy to start and then difficult to do. Because the effective capacity and effective position on the first day are 100%, but to this day, it is very difficult to maintain a higher effective capacity. He believes that shared bicycle companies should devote more energy and technology to the pre- and during the shared bicycles, and should spend the least energy afterwards. Intelligent, easy to ride, and fewer bad things Hellobikes have been adhered to for three directions for a long time. (Tencent Technology)
8. Kuaishou will launch an integrated marketing platform by the end of October
On the afternoon of October 24, Kuaishou held a commercial launch conference in Beijing. Kuaishou founder Su Hua said, "After more than a year of exploration, Kuaishou's commercialization has accelerated and will soon launch the Kuaishou marketing platform. We hope to provide commercial capabilities to allow users to have richer expressions in the Kuaishou community and achieve greater value." Yan Qiang, vice president of Kuaishou's commercialization, said that the Kuaishou marketing platform will be officially launched by the end of October. (Sina Technology)
9. Mafengwo financing is coming to an end, with Tencent leading the investment, with a valuation of US$2 billion
According to reports on October 24, Mafengwo began this round of financing three months ago. The lead investor was Tencent, with a post-investment valuation of US$2 billion, and Gaohu Capital served as a financing consultant.
According to an FA, the long round of this round was because "this is a typical round of large dollar funds after the D round, the due diligence process is relatively long, and the US dollar funds are not particularly satisfied with their monetization capabilities, so they have been dragging it down." According to a person close to the transaction, Mafengwo's financing this round of financing was "basically close, but the spa agreement (equity subscription agreement) has not been signed yet." (Titanium Media)
Cross-border e-commerce
10. Indian smartphone report: Xiaomi leads with 27% market share
In the third quarter, Xiaomi defeated Samsung and became the leader in the Indian smartphone market. Counterpoint said that in the third quarter, the Indian smartphone market grew 5% year-on-year and 24% month-on-month. Indian smartphone sales accounted for half of all mobile phone sales in India, exceeding the sales of US smartphones during the same period.
In the third quarter, driven by the development of the new Redmi 6 series, sub-brand Poco and offline channels, Xiaomi hit the highest sales in a single quarter, with market share growing from 22% in the same period last year to 27% now. Samsung's market share was the same as the same period last year, still at 23%. Xiaomi and Samsung both declined compared with the previous quarter. In the second quarter, their market share was 28% and 29% respectively. (Tencent Technology)
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