#Laogao E-commerce Newsletter# [November 8 E-commerce Evening News]

　　#Laogao E-commerce News# [November 8 E-commerce Evening News Brief] This year's Double 11 emails may exceed 1.87 billion, a year-on-year increase of 25%; Three Squirrels are about to take off their e-commerce hats and plan to promote "private factories"; Alibaba and Xiaomi upgrade to help users with difficult choices to "shop" smartly; Huang Zheng: 10.9 billion jin of agricultural products have been sold in three years; Robin Li: Now young people cannot endure hard work, so that AI can do...

　　E-commerce newsletter

　　1. This year's Double 11 emails may exceed 1.87 billion, a year-on-year increase of 25%.

　　On November 7, Bian Zuodong, deputy director of the Market Supervision Department of the State Post Bureau, accepted an online interview with the State Post Bureau on the topic of "Service Safety Guarantee for the peak season of express delivery business in 2018". Bien Zuodong predicts that the entire industry will process more than 1.87 billion email business volume this year, an increase of 25% over the same period last year. The highest daily processing volume is expected to reach 410 million pieces, an increase of 23.9% over last year. During Double Eleven, the average daily processing volume reached 310 million pieces, which is close to 2.4 times the daily processing volume. (Interface News)

　　2. Three Squirrels are about to take off their e-commerce hats and plan to promote "private factory"

　　The launch of the new product of Three Squirrels was held in Nanjing. As a preheating before Double Eleven, 11 new snacks with different flavors were officially sold online. As a snack brand that started from the Internet, Three Squirrels and its many products have long been well known. They have risen with the trend of e-commerce and have achieved remarkable results. Since Double Eleven in 2012, they have been ranked first in the industry in online and offline nut snack retail for many years, selling more than 16 billion yuan in snacks and 80 million members. (Retail boss's internal reference)

　　3. Alibaba Xiaomi upgrades to help select users with difficulty to "shop" smartly

　　On October 8, Alibaba Group Customer Experience Business Group (Ali CCO) announced today that the new features of the intelligent customer service robot Alibaba Xiaomi are fully launched. The upgraded Alibaba Xiaomi will provide consumers with a new service experience in the two fields of personalized services and smart discount reminders, and officially evolved into the "exclusive smart assistant" for every consumer on Taobao and Tmall. (Yibang Power News)

　　4. JD.com and Danisa Crown Danish Cookies signed a 350 million cooperation agreement

　　According to November 8, at the 2018 China International Import Expo, Danish Danish Specialty Food Co., Ltd. (Danisa Crown brand) signed a three-year strategic cooperation agreement of 350 million yuan with JD.com. The two parties stated that they will carry out in-depth cooperation in various aspects such as brand marketing, big data, and channel construction. (Yibang Power)

　　5. Pinduoduo Huang Zheng: Selling 10.9 billion jin of agricultural goods in three years

　　On November 8, Huang Zheng, founder and CEO of Pinduoduo, attended the 5th World Internet Conference held in Wuzhen and delivered a keynote speech at the forum "Internet Charity and Poverty Alleviation: Eliminating Hunger and Poverty" where Huang Zheng introduced the achievements of Pinduoduo's poverty alleviation and farmers. "In the past three years, the Pinduoduo platform has helped 139,600 registered poverty alleviation families, generated more than 2.1 billion orders for assisting farmers, sold 10.9 billion jin of agricultural products, and the total amount of related transactions reached 51 billion yuan." (Yibang Power)

　　Internet Information

　　6. Li Yanhong: Nowadays, young people can't endure hard work, so AI can do it

　　At the Artificial Intelligence Forum of the World Internet Conference, Li Yanhong said that young people nowadays cannot endure hardships. The excavator industry is actually quite big in China, and construction is being carried out everywhere, but usually three to five of the ten excavators are idle, not because there is no work to do, but because no one comes to work. (First Financial Daily)

　　7. Ele.me and Word of Mouth merger are worth US$30 billion

　　According to news on November 8, after the completion of a new round of US$4 billion financing, the valuation of Ele.me and Word of Mouth merger reached US$30 billion. Sources said that the merger has attracted more than 3 billion new funds from Alibaba itself and SoftBank Vision Fund. Chunhua Capital and Ant Financial, which have previously invested in reputation, also participated in this round of investment. The company is expected to complete the round of financing by the end of November, people familiar with the matter said. Ele.me said it would not comment on this. Alibaba, SoftBank and Ant Financial declined to comment, and Chunhua Capital did not immediately respond to a request for comment. (E-commerce News)

　　8. Ant Financial: The number of blockchain applications in the world is the highest, insisting on not being an "air coin"

　　Jing Xiandong, chairman and CEO of Ant Financial, said that in the past two years, Ant Financial has the highest number of blockchain applications in the world. He said that Ant Financial insists on not making "air coins" without any real value, and Ant Financial does not have a patent related to ICO. At the same time, we actively explore the commercial application of blockchain and use technology to serve the real economy, and we have made breakthroughs in core technologies. (China Youth Daily)

　　Cross-border e-commerce

　　9. KKday received B+ round financing from Japan's LINE Ventures and Alibaba Taiwan Entrepreneur Fund

　　On November 8, today's in-depth travel experience platform KKday announced that it has completed a B+ round of financing, led by Japan's LINE Ventures and Alibaba's Taiwan Entrepreneur Fund, followed by old shareholders Singapore's Monk's Hill Ventures and China Development Capital. After this round of financing, KKday will focus on technology and digital tourism services. (E-commerce News)

　　10. Walmart China plans to sign a large purchase order of US$100 million

　　Walmart China will sign a procurement intention agreement with Danish dairy company Arla Foods at the Shenzhen Import Trade Matching Conference held by the Shenzhen Municipal Government, and the procurement amount is expected to reach US$100 million in the next three years. Shi Jiaqi, senior vice president of Walmart China's corporate affairs department, said: "We have noticed the demand for imported goods by Chinese consumers. They not only pursue the quality and affordable prices of goods, but also hope to buy these imported goods easily anytime, anywhere." (Beijing Business Daily)

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