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#Laogao E-commerce Newsletter# [February 15 E-commerce Morning News]

2019-02-15

  #Laogao E-commerce Newsletter# [February 15 E-commerce Morning News] Alibaba invests in B station and holds about 8% of the shares; Alibaba Tsai Chongxin: Chinese consumers have made Alibaba successful; Foreign media: Alibaba is negotiating to acquire shares in Metro China's business; Gome responds to rumors of "Huang Guangyu's release from prison": no official news from the judicial department was received; Didi subsidizes 305 million yuan to drivers during the Spring Festival...

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  E-commerce newsletter

  1. Alibaba invests in B.C. Holds about 8% of the shares

  On February 15, last night, Alibaba submitted a report to the Securities and Exchange Commission, announcing that it had acquired nearly 24 million shares of Bilibili through its wholly-owned subsidiary Taobao China, and its shareholding ratio accounts for about 8% of Bilibili's total share capital. (Yibang Power)

  2. Alibaba Tsai Chongxin: Chinese consumers make Alibaba

  On February 14, Alibaba Executive Vice Chairman Tsai Chongxin said in an exclusive interview with CNBC TV that China's 300 million middle-class consumers are a strong driving force for China's future growth, which is not only conducive to Alibaba's future growth, but also brings a good situation of mutual benefit and win-win situation between China and the United States. "It is wrong to regard China as the opposite of the United States in AI technology and other technologies, and symbiosis and cooperation are the correct choices to the future." (E-commerce News)

  3. Foreign media: Alibaba is negotiating to acquire shares in Metro China

  Reuters quoted three people familiar with the matter as saying that Alibaba is negotiating with German retail giant Metro to discuss a stake in Metro's Chinese market business. Metro and Alibaba declined to comment on this. The people familiar with the matter said that the negotiations are still in their early stages and that negotiations may break down in the future. (Sina Technology)

  4. Gome responds to the rumor of "Huang Guangyu's release from prison": No official news from the judicial department

  According to February 14, in recent days, an unconfirmed rumor of "Huang Guangyu's release from prison" has been rampant, and today it even caused a sharp rise in the stock prices of Gome-based listed companies. In response, the reporter asked the relevant person in charge of Gome Holdings Group. The person in charge said that he had not received official news from the judicial department and was not convenient to comment on the rumors. (E-commerce News)

  5. Suning established a fast-moving consumer goods group

  On February 14, Suning officially announced the establishment of the Fast Consumer Consumer Group. As one of the five newly established commodity groups such as home appliances and consumer electronics, Suning Fast Consumer Consumer Group will integrate unified functions such as commodity planning, supply chain management, dual-line operation, market, and service to further intensify. At the same time, it will also focus on basic commodity management such as commodity procurement, investment and promotion planning, and improve the professionalism of overall commodity management. In the future, FMCG will coordinate the management of product operations and management of online supermarkets, Suning Stores, Su Xiansheng and Hongchi, centralize procurement, investment promotion and human resources, and accelerate the integration of FMCG supply chains. (Beijing Business Daily)

  Internet Information

  6. Baidu is fined 20,000 yuan for anti-pornography and illegal activities

  On February 15, the Beijing Municipal Office of "Anti-Pornography and Illegal Publications" deployed the Municipal Cultural Market Administrative Law Enforcement Corps to conduct verification and verified that Baidu and Damai.com had spread harmful information such as obscene pornography. The Beijing Cultural Market Administrative Law Enforcement Corps ordered Beijing Baidu Netxun Technology Co., Ltd. and Damai.com's operating company Beijing Hongma Media Culture Development Co., Ltd. to correct the illegal act within a time limit, and imposed administrative penalties of 20,000 yuan and 50,000 yuan respectively. (E-commerce News)

  7. Didi subsidizes drivers 305 million yuan during the Spring Festival

  Data from Didi Chuxing platform shows that from the young year to the sixth day of the first lunar month, the average taxi success rate remained at 64%. The top five cities with the most difficult taxi during the Spring Festival holiday are Hefei, Hangzhou, Lanzhou, Chongqing and Jinan. During the Spring Festival, Didi issued a total of 305 million yuan in subsidies to drivers, and the platform added 11.76 million new passengers to set up emergency contacts, and 15.07 million itinerary sharing. (36Kr)

  8. Ant Financial acquires British payment company WorldFirst

  On February 14, WorldFirst, a British cross-border payment company headquartered in London, has completed the ownership change and officially joined hands with Alipay to become a wholly-owned subsidiary of Ant Financial Group. As of now, the number of global financial institution partners of Alipay has increased to more than 250. (Sohu.com)

  Cross-border e-commerce

  9. Amazon will open an unmanned store in London, selling fast food

  According to The Grocer, Amazon recently announced that it will open an Amazon Go unmanned store in central London and sell self-service food in the store. This is also the first time the company has opened an unmanned convenience store outside the United States, and so far the company has opened 10 Amazon Go stores in the United States. (Pinwan)

  10. eBay announced plans to reduce 400 employees

  According to TechCrunch, eBay announced that it will reorganize its business units and merge its businesses in various regions into a team, with Jay Lee, senior vice president and general marketing manager, as the head. eBay will cut a percentage of its global workforce. According to eBay, the company currently has a total of 14,100 employees, but it has not disclosed how many employees will be affected. However, at least one source on Twitter said eBay will cut about 400 employees. (Tencent Securities)


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