#Laogao E-commerce Newsletter# [November 16 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [November 16 E-commerce Morning News] AliExpress Double 11 transaction volume increased by 78%; Black Friday started in 3 minutes and 42 seconds, Yangmai’s transaction volume exceeded 100 million; Suning.com: The search volume of travel supplies last night increased by 1396% compared with the same period last day; Meituan’s average daily orders exceeded 20 million in 2018, and its market share increased to 59.1%; Hong Kong Metro announced that it officially connected to the Hong Kong version of Alipay...

　　E-commerce newsletter

　　1. AliExpress Double 11 transaction volume increased by 78%

　　On November 16, Alibaba's AliExpress announced its Double 11 record yesterday. A total of consumers in more than 230 countries and regions participated in shopping carnivals through AliExpress, and the number of buyers in nearly 1/3 countries and regions doubled. Data shows that the markets along the "Belt and Road" continue to strengthen, with Saudi Arabia, the UAE and Poland performing outstandingly. Africa has exploded with unprecedented e-commerce potential, with Double 11 trading volume increasing by 78%. (E-commerce News)

　　2. Suning.com: The search volume of travel supplies last night increased by 1396% compared with the same period before the previous day

　　According to the news on November 15, Suning.com data showed that from the evening of the 11th to the 15th, the search volume of Suning.com platform for products such as paper and cotton towels increased significantly. The search volume of sterilizing wipes and facial tissues has increased by about 1.5 times compared with the 13th. In addition, the search volume of portable foldable kettle has increased by 40%, and the search volume of disposable portable travel sheets, pillowcases, and quilt covers sets has surged. Especially during the 14th when the incident just exposed, the fastest growth rate was between 22:00 and 24:00, the search volume increased by 1396% compared with the same period on the 13th. (36Kr)

　　3. Black Friday starts for 3 minutes and 42 seconds. The transaction volume of the Yang Wharf exceeds 100 million.

　　On November 16, Black Friday started in 3 minutes and 42 seconds, and the transaction volume of Yangwo exceeded 100 million yuan. (Yibang Power)

　　4. Hong Kong Metro announced that it will officially connect to the Hong Kong version of Alipay

　　Hong Kong Metro announced its exclusive access to the Hong Kong version of "Alipay" AlipayHK. After a period of technical debugging, it is expected that in 2020, Hong Kong residents can use Hong Kong version of Alipay to scan the code to pass the gate and take the subway. It is reported that Alipay is also expected to join by then to facilitate outbound travel for mainland tourists. From the technical perspective of AlipayHK, MTR will consider using its concept of "taking a bus first and then paying". (Global Network Technology)

　　Internet news

　　5. Wanda Group sells development plots in Beverly Hills for more than US$420 million

　　Wanda Group has agreed to sell the development plot in Beverly Hills, California, unnamed people said. Cain International CEO Jonathan Goldstein said the company teamed up with Alagem Capital Group to buy the plot. Wanda did not immediately respond to a request for comment. (Wall Street Journal)

　　6. Meituan's average daily orders exceeded 20 million in 2018, and its market share increased to 59.1%.

　　Meituan, together with the China Federation of Logistics and Procurement and the Rogo Research Institute, jointly released the "2018 China Instant Delivery Industry Development Report" in Beijing. Wei Wei, general manager of Meituan Takeout Delivery Department, said at the meeting that Meituan's market share increased from 31.7% in 2015 to 59.1% as of March 31, 2018. More than 500,000 riders traveled around the streets and alleys every day, with an average daily order volume exceeding 21 million. (NetEase Technology)

　　7. Mobike embraces the luxury brand Louis Vuitton

　　On November 15, Mobike announced a cooperation with luxury brands: Mobike users in Shanghai will receive invitations from the Louis Vuitton exhibition when opening the Mobike APP. This is the first promotional poster for the Louis Vuitton "Flying, Sailing, Travel" exhibition in China on November 16. The vehicle elements in the Mobike APP interface have also been changed to the theme vision of Louis Vuitton's exhibition to promote exhibition information to users. (Yibang Power)

　　8. Tencent Zhang Jun: The speculative mentality of making a small program is particularly worrying about us

　　Tencent Public Relations Director Zhang Jun said on Weibo last night: "The recent discussion about mini programs has become lively again, which is a good thing and a bad thing. The good thing is that you can find more clearly what kind of mini programs are truly valuable. The bad thing is that the speculative mentality of thinking that making a mini program will become popular again. The latter is actually particularly worried about us. Getting rid of impetuousness and making applications that are truly valuable to users is the right way." (36Kr)

　　Cross-border e-commerce

　　9. Canada Post strike affected domestic users' receipt and delivery

　　On November 15, China Post issued a notice saying that due to the escalation of the Canadian Postal Union's strike, Canada Post has suspended its delivery commitment service and issued a public letter to the Postal Union to request that all members of the UPU members stop receiving and sending Canadian Road mail. Affected by the Canadian Postal Union strike, several domestic carriers have suspended the provision of Canadian road transport services, resulting in the inability to ship normally. In order to reduce the impact of the strike incident on users, China Post now requires all units to stop collecting Canadian Road emails from now on and to explain the relevant situation to users. (Yibang Power Network)

　　10. Report says Walmart will surpass Apple in 2018 and become the third largest retail e-commerce company in the United States

　　According to foreign media reports, the latest data from market research firm eMarketer shows that Walmart's huge investment in e-commerce business is paying off. In 2018, Walmart is expected to surpass Apple and become the third largest retail e-commerce company in the United States.

　　eMarketer said the agency recently raised expectations for Walmart. Walmart also owns Jet.com and other e-commerce assets. But the problem is that Walmart is still far behind Amazon in the e-commerce industry. According to eMarketer, Walmart will account for 4% of U.S. retail e-commerce spending in 2018, reaching $20.91 billion. (Tencent Technology)

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