#Laogao E-commerce Newsletter# [February 14 E-commerce Evening News] IKEA plans to open a store on Amazon or Alibaba to sell; Tmall Supermarket: Real-time sales of adult products on Valentine's Day rose by 600%; H&M: Revenue increased by 5% to US$22.7 billion in 2018; Global TV manufacturers shipments ranking in 2018: Chinese brands grew significantly; Bloomberg: Amazon and Google collected a large amount of user data from smart homes...
E-commerce newsletter
1. IKEA plans to open a store on Amazon or Alibaba
On February 14, IKEA plans to open a store on Amazon or Alibaba. According to IKEA CEO Tolbjorn Love, IKEA plans to conduct its first sales test on third-party websites such as Amazon and Alibaba, and the relevant details are currently finalizing. (Sina Weibo)
2. Liu Qiangdong opened a new cloud computing company
On February 14, Qichacha data showed that Liu Qiangdong, chairman and CEO of JD.com, has opened a new company "Nanjing JD.com Cloud Computing Co., Ltd.". The company was registered on January 28 with a registered capital of 30 million yuan. It is 100% controlled by JD Cloud Computing Co., Ltd. The general manager is Liu Qiangdong, the executive director and legal representative is Liu Qiangdong's female assistant Zhang Rong, and Li Yayun serves as the supervisor. (Europe)
3. Tmall Supermarket: Real-time sales of adult products on Valentine's Day increased by 600%
According to news on February 14, as of 12:00 on the 14th, the order volume of Tmall supermarkets in Beijing, Shanghai and Hangzhou has increased significantly. Among them, the order volume of chocolate and candy that are closely related to holiday demand in Tmall supermarkets increased by 284% and 93% respectively compared with usual, and the real-time sales of adult products soared by about 600%. (E-commerce News)
4. H&M: Revenue increased by 5% to US$22.7 billion in 2018
On February 14, H&M announced its operating results for the 12 months ended November 30, showing that H&M's full-year revenue increased by 5% to US$22.7 billion, and net sales increased by 3% in local currency. Profits fell 21.8% from the same period last year to US$1.36 billion. Online sales grew 22% to SEK 30 billion (US$3.2 billion), now accounting for 14.5% of the company's total revenue. H&M said capital expenditure will be reduced this year compared to last year and will continue to shift the balance of investment to digitalization. (Yibang Power)
5. Suning established a fast-moving consumer goods group to accelerate supply chain integration
Suning announced the establishment of the fast-moving consumer goods group. As one of the five newly established commodity groups such as home appliances and consumer electronics, the fast-moving consumer goods group will coordinate the management of product operations and management of online supermarkets, Suning stores, Su Xiansheng and Hongzi, centralized procurement, investment promotion and human resources, accelerate the integration of fast-moving consumer goods supply chains, and integrate unified functions such as commodity planning, supply chain management, dual-line operation, market, and services. At the same time, it will also focus on basic commodity operations such as commodity procurement, investment promotion and promotion planning.
Zhang Jindong, chairman of Suning Holdings Group, pointed out that the core capability of retail is the integration capability of the commodity supply chain. The establishment of the Fast Consumer Group is precisely to take advantage of the scale advantages of the dual-line operation of fast-moving consumer goods to negotiate factory policy improvement, plan differentiated products from online and offline channels, and simultaneously plan dual-line linkage brand market activities to achieve in-depth integration of the supply chain. (Europe)
Internet news
6. Global TV manufacturer shipments ranking in 2018: Chinese brands grew significantly
Survey data shows that global TV shipments in 2018 were 239.8 million units, a year-on-year increase of 4.3%. In the first half of 2018, driven by the World Cup, the growth rate narrowed sharply, with only 3.8% increase and a slight decrease of 0.6% in the fourth quarter. Overall, the global TV market opened high and closed low in 2018. (Zhongguancun Online)
7. Cainiao and 1688 released green packaging procurement data, with annual sales exceeding 100 million pieces for the first time
Green procurement data released by Cainiao and 1688 shows that at this stage, more and more companies are using environmentally friendly packaging. In 2018, the number of buyers of green packaging on the 1688 platform doubled compared with 2017, and sales exceeded 100 million for the first time, 4.67 times that in 2017, among which environmentally friendly express bags have the highest annual sales. (Beijing Business Daily)
8. Huawei and China Telecom completed the first 5G IPRAN online pilot
According to Huawei's official news, recently, Huawei and China Telecom successfully completed the first 5G IPRAN live network pilot in Chengdu, realizing the verification of various complex scenarios such as upgrading the current network IPRAN to support 5G services and hybrid networking of new and old equipment, and piloted the scenarios such as key technology points such as SR/EVPN/IPv6 and interoperability of new and old technologies, marking that 5G bearers have initially achieved commercial capabilities. (Chuangyebang)
Cross-border newsletter
9. Walmart denies selling e-commerce subsidiary Flipkart
On February 14, in response to the rumors that Walmart wants to sell Flipkart, the largest e-commerce retailer in India, acquired by US$16 billion last year, Yue Mingde, Walmart Global Executive Vice President and CEO of Walmart Canada and Asia, replied: "Walmart and Flipkart are committed to long-term and in-depth development of the Indian market. Despite recent adjustments in relevant policies, we remain optimistic about the Indian market. We will continue to focus on serving customers, creating sustainable economic development, and contributing to local sustainable development, including driving employment, supporting small businesses and farmers, and driving exports of Indian goods to Walmart's global market." (E-commerce News)
10. Bloomberg: Amazon and Google collect large amounts of user data from smart homes
According to Bloomberg, Amazon and Google are increasing the amount of data collected from consumers who use voice controls other devices. Over the years, Amazon and Google have collected relevant data every time users turn on or close their doors with their smart speakers. Now, they are asking smart home device manufacturers to send a continuous flow of information. "You can learn about a family based on their activity patterns," said Brad Russell, who tracks smart home products for Parks Associates.
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