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

　　#Laogao E-commerce News# [November 16 E-commerce Evening News Brief] Taobao President Jiang Fan: Taobao recommended traffic exceeds search traffic this year; JD Supermarket disclosed the first panoramic view of online and offline integration: 184 stores entered Beijing Supermarket; Tmall Reading’s “Double 11” orders under Alibaba Literature exceeded 6.5 million; Pinduoduo responded to short selling: the content listed is completely inconsistent with the facts; Wang Jianlin spent 30 billion to build Wanda City in Lanzhou, and is expected to open in 2021...

　　E-commerce newsletter

　　1. Taobao President Jiang Fan: Taobao recommended traffic exceeds search traffic this year

　　At the 2018 Double 11 "Look at China" high-end thought forum, Alibaba Vice President and Taobao President Jiang Fan said that Taobao may be the largest application of artificial intelligence in the world. He said: "On this year's Double 11, we can also see that the traffic based on personalized recommendations has exceeded the traffic brought by search and other methods, which is a very, very big change" (36Kr)

　　2. JD Supermarket disclosed its first panoramic view of online and offline integration: 184 stores entered the Supermarket

　　At the "LEAD" strategy press conference of JD Supermarket, Feng Yi, vice president of JD Group and president of consumer goods division of the Fast-Fast Consumer Consumer Group, announced the "LEAD" strategy of JD Supermarket for the first time. JD Supermarket's four major online and offline integration sectors are the Beijing Supermarket Plan, Jingchain Project, Jingteng Ecosystem and Member Unboundary. At present, five partners and JD.com cooperate with the Beijing Super League plan to implement the three-way connection of inventory, membership and store, and 184 stores have achieved comprehensive three-way connections, reducing the cost per order by about 30%. (Tencent Technology)

　　3. Tmall Reading "Double 11" orders under Alibaba Literature exceeded 6.5 million

　　On November 16, Alibaba Literature disclosed the "Double 11" data: During the "Double 11" period, Tmall Reading e-books had a total order of more than 6.5 million, of which more than 5.3 million orders were placed on Double 11, and Shuqi Novel members increased by 122%. Alibaba Literature said that it will take digitalization as the core driving force to further promote the upgrading of China's literary industry, and build infrastructure to efficiently connect literature and consumers, thereby pushing the literary industry to a new height. (E-commerce News)

　　4. Pinduoduo responds to short selling: the content listed is completely inconsistent with the facts

　　On November 16, Pinduoduo responded to the "short report" released by the US short-selling agency Blue Orca: the directive content listed is completely inconsistent with the facts. The company will answer relevant questions during the analyst conference call on the night of the third-quarter financial report released on November 20.

　　"From the first day of listing, like other well-known Chinese stocks, Pinduoduo will often encounter doubts from short-selling institutions for profit purposes." But Pinduoduo said that if the doubt is just for profit, the opinions often come first, and then conduct evidence searches like "picking bones in eggs". The conclusion drawn in this way is not worth refuting. (Sohu Finance)

　　5. Autohome Double 11 data: The number of order users exceeds 570,000, and the total transaction volume is 95.2 billion.

　　Autohome announced Double 11 data today. As of November 14, the number of users generated orders was 572,527, resulting in a total of 95.2 billion yuan in car purchase transactions. Nearly 40 brands and nearly 200 models participated in this Double 11. As of November 14, the top five brands with transaction volume are: SAIC Volkswagen, FAW Toyota, SAIC-GM-Buick, Jetour, and Dongfeng Venucia; the top five hot-selling car series are Corolla, Lavida, Tiguan L, Santana, and Jetour X70. (Sina Technology)

　　Internet Information

　　6. Xiaomi executive: Xiaomi has become India's number one smartphone brand for the fifth consecutive quarter

　　According to Manu Kumar Jain, head of Xiaomi India, the total monthly sales of Xiaomi India Diwali Festival exceeded 8.5 million, with a total sales of more than 6 billion yuan, of which Xiaomi mobile phone sales exceeded 6 million, TV sales exceeded 400,000, and ecological chain products sales exceeded 2 million. On Amazon and Flipkart, Xiaomi products rank first in all categories such as smartphones, TVs, wearable devices, mobile power supplies, air purifiers, etc. (Quick Technology)

　　7. Wang Jianlin spent 30 billion to build Wanda City in Lanzhou, and is expected to open in 2021

　　Lanzhou City and Wanda Group signed an agreement in Beijing, and Lanzhou Wanda City will settle in the city. It is reported that Lanzhou Wanda City covers an area of ​​about 1,300 mu, with a total investment of nearly 30 billion yuan, including Wandamao, resort hotel group, tourist sightseeing tower, bar street, tourism distribution center, etc. The project is scheduled to start construction in 2019 and open in 2021. It is expected that more than 10 million tourists will be reported after opening. (Lianshang.com)

　　8. Zhou Hongyi: No matter how big your business is, you have to shout big brother when you meet investors.

　　Recently, at the 5th World Internet Conference, Zhou Hongyi, Chairman and CEO of 360 Group, spoke, no matter how big your company is, investors who see you have to call you big brother. Because they gave you the first amount of money and the ticket to try when you are most difficult and when you are not rich. Including 360's delisting, I would like to thank many investors for their help. Without them and financial capital, I might not have accomplished this. (Beijing News)

　　9. Yu Chengdong: After surpassing Apple, Huawei aims to rank first in two years

　　Huawei Consumer Business CEO Yu Chengdong said Huawei may become the number one smartphone by 2020 at the latest. In the interview, Yu Chengdong talked about the high growth of Huawei after launching its own brand in 2010 three years after Apple's first debut. Huawei is focusing on innovations in foldable screens, artificial intelligence and more to grow its consumer business. (CNBC)

　　Cross-border e-commerce

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

　　According to news on November 15, China Post issued a notice today stating that due to the escalation of the Canadian Postal Union strike, Canada Post has suspended its delivery commitment service and issued a public letter to the Postal Union members asking the postal office to 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)

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