#Laogao E-commerce Newsletter# [E-commerce Morning News on January 8]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on January 8] Tmall President Jing Jie: The launch of new products will be an important strategy for global brands in 2019; it is expected that the size of Taobao’s pet market will exceed 50 billion in the next three years; it is reported that Yunji Weidian will go to the United States to IPO and raise funds of more than 500 million US dollars; Jack Ma’s bar opens? Reporter's investigation: All shareholders are Alibaba executives, no Jack Ma; Ele.me's reputation announced the "warm winter" merchant support policy...

　　E-commerce newsletter

　　1. Tmall President Jing Jie: The launch of new products will be an important strategy for global brands in 2019

　　Tmall President Jing Jie announced at the "First China New Product Consumption Ceremony" that "new product launch will be an important strategy for global brands in 2019." According to Tmall data, there are more than 75 million heavy new product users on Tmall, and these "new chasing people" buy more than 17 new products every year on average. (36Kr)

　　2. It is expected that the Taobao pet market size will exceed 50 billion in the next three years.

　　The 2018 Taobao Pet "It" economic report shows that the pet industry on Taobao generated nearly 4 million orders throughout the 2018 Taobao Double 12. It is expected that the Taobao pet market size will exceed 50 billion in the next three years; by 2020, the market size of the entire pet industry (online + offline) will exceed 200 billion. (New WiFi connection)

　　3. News says Yunji Weidian will go to the United States to raise funds of over US$500 million

　　According to foreign media reports, people familiar with the matter revealed that Chinese social e-commerce platform Yunji is planning to secretly go to the United States to IPO, raising at least US$500 million. In September last year, some media reported that Yunji would go to the United States for an IPO. At that time, people familiar with the matter said that Yunji Weidian's target valuation of IPO was between 7 billion and 10 billion US dollars. (Tencent Technology)

　　4. Is Jack Ma’s bar open? Reporter's investigation: All shareholders are Alibaba executives, no Ma Yun

　　Some self-media said that Jack Ma recently held an opening ceremony for the "HHB Music Bar" he founded. After investigation, it was found that the bar was operated by Hangzhou Mars Entertainment Management Co., Ltd., and its shareholders are all Alibaba's current executives, and Jack Ma is not included. HHB Music Bar staff said that the bar's operating company is Hangzhou Mars Entertainment Management Co., Ltd., and Jack Ma was not involved. As for Jack Ma's public statement that he opened it with his friends, the staff said, "It's a personal opinion, and it's not convenient for us to comment." (Red Star News)

　　Internet Information

　　5. Heytea Xi'an store was exposed to be dirty and messy, and the local food and drug supervision interviewed the store's person in charge.

　　A Weibo user Li Jianpeng, who is certified as a food blogger, posted on Weibo on January 4 that the international store of Heytea's Xiaozhai Seig branch in Xi'an was dirty and messy. The next day, Heytea publicly responded on its official Weibo, admitting that there were certain hygiene problems in the above-mentioned stores, saying that it had contacted customers and apologized, and would strengthen hygiene management in the future, and promised that the tea soup would be "changed every four hours, and the black sugar bobo will be replaced within two hours." On the same day, the Food and Drug Administration of Yanta District, Xi'an also responded to the incident and said: "The on-site inspection is good and the store manager has been interviewed." (Interface)

　　6. Douyin interprets Blue V enterprise account: Competitive data can be viewed in the background, etc.

　　On January 7, Douyin Advertising Assistant officially interpreted the rights and interests of Douyin Blue V Enterprise Account tonight. It is reported that in addition to enjoying official certification, Douyin Blue V Enterprise Account can also enjoy the rights and interests of certified nickname search pre-set, video top, certification nickname locking unique, release of 60s long videos, and challenge competitions.

　　On the homepage of Blue V Enterprise Account, companies can add official websites, download links, discounts, contact information and other information to add user contacts. At the same time, Douyin also provides Blue V enterprise accounts with analysis and business functions such as user management, content management, and message management. (Yibang Power)

　　7. Ele.me's reputation announced the "warm winter" business support policy

　　Before this year's Spring Festival, Alibaba's local life service company will work with Ant Financial to launch a special "Warm Winter Merchant Loan" - a single merchant can borrow up to 200,000 yuan, and the average loan amount can be increased by nearly 100% compared with usual, benefiting more than 1 million yuan in the number of merchants. Before the Spring Festival, for Hummingbird riders, Alibaba's local life service company launched the "Warm Winter Rider Loan". Based on the delivery order volume and praise rate, millions of Hummingbird riders can receive instant financial services of "lowest 100 yuan, maximum 10,000 yuan, and maximum 12 months". (Europe)

　　8. The Forbidden City responded that the Forbidden City Taobao makeup was removed from the shelves: There is no quality problem, and research and development will be deepened

　　Previously, the Beijing Palace Museum Cultural Service Center stated through the "Palace Taobao" Weibo that its original series of makeup was completely discontinued. The Palace Museum responded that the Palace Museum Taobao decided to stop producing the first batch of makeup after it was sold out, but instead devoted itself to research, deepened research and development, and strived to develop products comparable to international first-line brands. It was also said that some media reported that Taobao makeup in the Forbidden City was suspended due to quality problems, which is a misunderstanding and does not involve other Forbidden City makeup products. (China News Service)

　　Cross-border e-commerce

　　9. Amazon's market value surpasses Microsoft's re-elected as the world's highest market value company

　　According to foreign media reports, Amazon's market value surpassed Microsoft, and became the world's highest-capped company for the second time since the end of last year. By the close of Monday, Amazon's market value reached US$796.8 billion, exceeding Microsoft's US$783.4 billion in market value, leading Google's parent company Alphabet, and far exceeding Apple's US$702 billion in market value. Amazon's stock price rose 3.44% on Monday to close at $1,629.51; Microsoft's stock price rose slightly by 0.13% to close at $102.06. (Tencent Technology)

　　10. Yiwu and Cainiao jointly build an intelligent logistics backbone network

　　According to January 7, today, the Yiwu Municipal Government and Cainiao signed a cooperation intention. The two parties will jointly build an intelligent logistics backbone network, establish the Cainiao Yiwu Cross-border Bonded Park in the Yiwu Free Trade Zone, and accelerate the construction of China (Yiwu) cross-border e-commerce comprehensive pilot zone. At the same time, Cainiao also announced a comprehensive upgrade of imported logistics, and plans to expand the bonded network to 16 bonded areas across the country within the next three years, and add bonded warehouses of more than one million square meters. (E-commerce News)

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