#Laogao E-commerce Newsletter# [November 26 E-commerce Morning News]

　　#Laogao E-commerce News# [November 26 E-commerce Morning News Brief] Alibaba AliExpress: This year's "Black Friday" average customer unit price increased by more than 100%; Alibaba Cloud Wang Jian: Don't let people living in Huilongguan be stuck on the road, it is the beginning of the car revolution; NetEase Koala announced its Black Friday record: breaking through last year's full-day sales in ten hours; Chengdu 7-Eleven fully opened franchise; Xiaomi Wuhan headquarters started construction, Lei Jun: In the future, tens of thousands of people will be recruited in Wuhan...

　　E-commerce newsletter

　　1. Alibaba AliExpress: This year's "Black Friday" average customer unit price increased by more than 100%

　　Alibaba AliExpress's "Black Friday" data in 2018 showed that global consumer purchasing power grew rapidly, with an average customer unit price increase of more than 100%. Among all Chinese sellers participating in "Black Friday", 70% of merchants' sales exceeded the same period last year. In addition to the 3C digital and clothing products that were favored by overseas consumers in the past, sales of home, tools and security products have all achieved double growth. In overseas markets, Russia, Spain, the United States, France and other countries continue to lead the AliExpress "Black Friday" shopping list (crowdfunding home)

　　2. Alibaba Cloud Wang Jian: Don’t let people living in Huilongguan get stuck on the road, it’s the beginning of the car revolution

　　Wang Jian, founder of Alibaba Cloud and chairman of Alibaba Technical Committee, proposed the concept of "urban brain" more than three years ago. Now this concept is gradually bearing fruit in Hangzhou and other places. Wang Jian believes that the problem we need to solve at the moment is to let young people living in Huilongguan never spend so much time on the road. "I think this is the beginning of a real, car revolution." Wang Jian said: "My own wish is that in five or ten years, we can support the development of a city like ours today as long as we have 1/10 of the resources now." (Huxiu)

　　3. Babytree went public in Hong Kong: Issuance price of HK$6.8 to raise about HK$1.6 billion worldwide

　　On November 26, Babytree issued an announcement stating that at the offering price of HK$6.80 per share, the net proceeds of the global offering will be charged by Babytree at an estimated HK$1.609 billion after deducting underwriting expenses and commissions and estimated expenses due to the global offering. The final allotment situation will be announced on November 26 and will be officially listed on the Hong Kong Stock Exchange on the 27th, with a total of more than 250 million shares being sold worldwide. (36Kr)

　　4. NetEase Koala announced its Black Friday record: breaking through last year's full-day sales in ten hours

　　NetEase Kaola announced its report card for the "Black Five Foreign Goods Festival": 10-hour sales exceeded the entire day of last year's "Black Five". In terms of categories, unlike consumers who focus on maternal and infant, health products, and personal care on "Double Eleven", the "Black Friday" big-time products emphasize "consumption upgrade", and beauty, light luxury, and Christmas limited gift boxes have become the favorites of the shoppers. Many overseas brands participating in the "Black Five Foreign Goods Festival" have expressed: This year's performance is excellent, and China's "Black Five" potential has just begun. (Lianshang.com)

　　5. Chengdu 7-Eleven fully opens its franchise

　　Yesterday, Chengdu 7-Eleven's first large-scale franchise briefing was held at the Leeds Carlton Hotel. After 8 years of entering the Chengdu market, 7-Eleven will fully open its franchise business in 2019. Franchise is divided into two types: A franchise and D franchise. The former is provided by the franchisee and franchised as an investor. The latter is a ready-made store provided by 7-Eleven, which entrusts the operating rights to the franchisee (couples only), and the franchisee manages the store full-time. (Yibang Power Network)

　　Internet news

　　6. WeChat official umbrella release: It can withstand level 5 winds and rains

　　The official WeChat store is located in Guangzhou TIT. It is only open to Tencent employees and visitors. It only sells WeChat peripheral products, such as WeChat customized iPhone case, big yellow face expression T-shirt, etc., full of literary style. Recently, WeStore launched three umbrellas in one go. According to the introduction, one of the folding dual-purpose umbrellas can block up to 98% of ultraviolet rays. The material of the umbrella bones is stronger than that on the market, and can withstand level 5 wind and rain, and will not deform after being used for a long time. (Quick Technology)

　　7. Xiaomi Wuhan headquarters started construction, Lei Jun: In the future, tens of thousands of people will be recruited in Wuhan.

　　Recently, the Xiaomi Wuhan headquarters project officially started construction in Wuhan Optics Valley. Xiaomi Chairman and CEO Lei Jun attended the project groundbreaking ceremony and said that Wuhan is very suitable for building a R&D-centered base. In the future, Xiaomi will "heavy investment" in Wuhan headquarters and plan with a scale of ten thousand people. Xiaomi Wuhan headquarters building is located south of Jiufeng 1st Road and west of Guanggu 5th Road. It is expected to be completed in 2 or 3 years, and will accommodate about 2,500 employees by then. (Thunder Emperor touches the Internet)

　　8. Wanda: 1,000 Wanda Plazas will be opened in the next ten years

　　Wanda Group announced that 1,000 Wanda Plazas will be opened in the next ten years, directly covering 90% of China's population with consumption power. It is expected that in the next 2 to 3 years, Wanda will add 15 Wanda Plazas and Wandamao in South China, plus 29 Wanda Plazas and 1 Wanda Mao that have been landed, and by 2020, Wanda Commercial Property in South China will exceed 45. By the end of 2018, Wanda will open 285 commercial projects, and by the end of 2019, Wanda will open 337 commercial projects. (Lianshang.com)

　　9. It is difficult to refund the deposit for Xiangqi Travel. You must go to the Shanghai headquarters with your ID card.

　　There was a problem with the refund of the "integrity fund" of Shanghai Xiangqi Electric Bicycle Service Co., Ltd., and some users applied for refund of the "integrity fund" of 299 yuan on their app for more than one month, while some users received the refund through on-site application. What I learned from Xiangqi Travel's Shanghai headquarters on the 23rd is that Xiangqi Travel requires users to go to Shanghai headquarters in person with their ID card to refund the deposit on the spot, otherwise they can only register and wait. (Daily Economic News)

　　Cross-border e-commerce

　　10. Black Friday in the United States sets a record

　　According to data from Adobe Analytics, as of now, retail online sales across the United States have increased by 23% year-on-year to more than $6 billion this weekend, and about 50% of online shopping is expected to be completed through mobile orders. The data tracks 100 of the largest physical retail stores in the United States, and shows that sales are expected to rise 28% to $3.7 billion. (Chuangyebang)

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