#Laogao E-commerce News# [E-commerce Evening News on December 12] Meng Wanzhou posted on Moments after bail: He has returned to his family and is proud of Huawei and the motherland; Taobao Double 12 home life transactions exceeded 4.4 million in two-hour transactions; Suning Double 12 starts for 1 hour and post-90s consumers account for 36%; Samsung Tianjin mobile phone factory was exposed to have officially stopped production on December 31; Kuaishou is raising $1 billion in financing...
E-commerce newsletter
1. Taobao Double 12 home life category has sold more than 4.4 million orders in two hours
According to data released by Taobao, after the start of Double 12, the Taobao home and life industry sold more than 4.4 million orders in two hours, and 2 million people participated in the purchase of home and lifestyle supplies. Among them, large furniture accounts for nearly 60% of them, and 50,000 beds were sold within two hours, an increase of 58% year-on-year. As of 2 a.m., among the top 10 merchants with sales, merchants with original design and whole-house customization won 9 seats. (36Kr)
2. Meng Wanzhou posted on WeChat Moments after bail: He has returned to his family and is proud of Huawei and the motherland.
After three days of hearings, Huawei CFO Meng Wanzhou was granted bail by a Canadian court. Meng Wanzhou posted on his Moments that I am in Vancouver and have returned to my family. I am proud of Huawei and I am proud of my motherland! Thank you to everyone who cares about me. (Sina Weibo)
3. Alipay announced its entry into Norway: it has cooperated with two major e-wallets in Nordic
On December 12, Alipay announced today that 30 Norwegian merchants in Bergen were the first to access Alipay QR codes, and the service will be expanded to more areas in Norway in the future. It is reported that Alipay's entry into Norway this time is a cooperation with Vipps, Norway's largest e-wallet. The merchants connected to Alipay this time cover retail stores, gingerbread cities, fish markets, attractions, restaurants, hotels and other scenarios. (E-commerce News)
4. Suning's Double 12 starts for 1 hour and post-90s consumers account for 36%
According to December 12, Suning announced its sales within 1 hour of the opening of Double 12. On Double 12 this year, Suning launched two special sessions: "4 hours ahead of schedule" and "two hours super burning flash sale". According to data released by Suning, in the first hour of the opening, "She Economy" once again showed its charm, with female consumers accounting for 56%.
In terms of age, the proportion of consumers born in the 1980s reaches 30%, the proportion of consumers born in the 1990s is 36%, while the proportion of consumers born in the 2000s is only 3%. (Yibang Power)
5. Dangeche Double 12 Battle Report: As of 11 o'clock, the transaction volume reached 323 million yuan
On December 12, Dangeche released a Double 12 battle report. As of 11:00 today, the real-time transaction amount of Dangeche reached 323 million yuan. Yibang Power learned that the sales of Dange Car exceeded 810 units in 12 minutes this year; as of 10:31:18 today, Dange Car's sales exceeded the entire day of last year's Double 12. (Yibang Power)
Internet Information
6. Today's Capital Xu Xin: Zhang Yiming cuts away all traffic, and it is difficult for small companies to compete with super platforms anymore.
Xu Xin, founder and president of Today Capital, said that Toutiao is unrivaled in the battle to grab traffic, while Pinduoduo is lucky to be successful. She suggested that startups raise money first, even if they have a discounted valuation. When talking about the future of mobile Internet, she believes that the future is particularly difficult unless the product is particularly innovative. (NetEase Technology)
7. Dong Mingzhu: Don’t regret “making cars”
On December 12, at the 2018 CCTV Finance Forum and China Listed Company Summit, Dong Mingzhu said that the statement that Yinlong became a hole, "It's really a hole." She believes that if an enterprise wants to do a good job, entrepreneurs should think more about giving than gains. They should not only be responsible to investors, but also to society. She said, "It has been a hard work in joining Yinlong in the past year, but I think it is worth it, because through this experience, this challenge will be better in the future." (Tencent Technology)
8. Kuaishou is raising $1 billion
According to news on December 12, Kuaishou is conducting a new round of financing, with a pre-investment valuation of US$25 billion and a fundraising amount of US$1 billion. A person close to Kuaishou said: "There is almost no new share released in this round, and old shareholders in the previous rounds continue to follow up." After checking Kuaishou's past financing, it can be inferred that the investors in this round are likely to be Tencent, Sequoia, Baidu, Chinese Culture, DCM, and Morningside. (Sohu Technology)
9. Samsung Tianjin mobile phone factory was revealed to be officially suspended on December 31
Relevant sources said that South Korea's mobile phone manufacturing factory in Tianjin will be officially suspended on December 31. Some employees said that the news was just announced on the 11th and there is no written notice yet. The above-mentioned employee said, "A briefing held by the company's legal person, the compensation and resettlement plan for employees has not been announced yet, and we are still working normally." As of press time, Samsung has not responded to this. (Phoenix Finance)
Cross-border e-commerce
10. Indonesian e-commerce Tokopedia completed US$1.1 billion in financing
SoftBank Vision Fund and Alibaba led a $1.1 billion financing from Indonesia's largest e-commerce company Tokopedia, which will help Tokopedia enter new areas such as air tickets and insurance. According to people familiar with the matter, Tokopedia has valued more than US$7 billion after the financing, ranking first for CB Insights for Indonesian startups. (Bloomberg)
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