#Laogao E-commerce Newsletter# [E-commerce Morning News on February 19] JD.com announced a three-year strategic cooperation agreement with the British Fashion Association; Gree Electric Restarts dividend model and distributes dividends of 3.61 billion yuan to all shareholders; Renrenche's strategic upgrade in 2019: It will be launched in new retail stores; Lei Jun talks about Xiaomi 9: I hope we sell it very cheaply, but it is impossible to do it at all; Douyin launches its first mini-game...

E-commerce newsletter
1. JD.com announced the signing of a three-year strategic cooperation agreement with the British Fashion Association
On February 18, JD.com announced that it had signed a three-year strategic cooperation agreement with the British Fashion Association, announcing it to be the only retail (including e-commerce) partner in China during the London Fashion Week. The strategic agreement stipulates that in the future, JD.com will work with the association to open up the fashion industry chain, provide new designers with online channels to reach Chinese consumers, and empower the fashion industry chain, brand owners, and designers. (E-commerce News)
2. Renrenche's strategic upgrade in 2019: It will be launched in new retail stores
According to February 18, recently, there was news that Renrenche had "bankruptcy", "station closing", "capital chain break", etc., and then Renren said that he issued a response announcement, saying that all the company's business is currently operating normally and continues to provide users with reliable car trading services. At the same time, Li Jian, founder and CEO of Renrenche, issued an internal letter from all employees, saying that Renrenche will officially launch a strategic upgrade of "new platform and new retail".
Specifically, several major support and empowerment measures of Renrenche include: establishing a special support fund of 80 million yuan to empower partners, and targeted assistance to partners in carrying out insurance and sales business; establishing new retail stores to provide partners with one-stop services such as venue, testing, pricing, preparation, finance, and after-sales service; increasing brand advertising, and building a comprehensive ecosystem from transactions to maintenance, insurance, and extended insurance. (Chuangyebang)
3. Gree Electric Restarts Dividend Model to Distribute 3.61 billion yuan in dividends to all shareholders
On February 19, Gree Electric Appliances (000651.SZ) announced the 2018 semi-annual equity distribution plan: based on the company's total share capital of 6015730878 shares, 6 yuan of cash (including tax) will be paid to all shareholders for every 10 shares, and a total of 3.61 billion yuan of cash will be paid, and the balance will be transferred to the distribution in the future years.
This is after Gree Electric has no dividends in 2017, and has restarted its dividend mode. At the Gree Electric Appliances’ extraordinary shareholders’ meeting on January 16, 2019, Gree Electric Appliances decided that the profit distribution plan for the first half of 2018 is to distribute 6 yuan per 10 shares to all shareholders, with a total of approximately 3.61 billion yuan. (NetEase Technology)
4. State Post Bureau: All express delivery development indexes steadily improved in January
On February 18, the State Post Bureau released the China Express Development Index report for January 2019.
It is estimated that China's express delivery development index in January 2019 was 157.2, an increase of 15.9% year-on-year, showing a steady improvement trend. The development scale index, service quality index and development capacity index were 192.7, 143.1 and 164.8 respectively, an increase of 16%, 13.6% and 16.1% respectively over the same period last year, indicating that the development scale, development capacity and service quality of my country's express delivery market have steadily improved. The development trend index was 70, an increase of 28.9% month-on-month. (Europe)
Internet Information
5. SF Express plans to acquire DHL's supply chain business in China for 5.5 billion
On February 19, SF Holdings Co., Ltd. issued a progress announcement yesterday on the acquisition of 100% equity of DHL Supply Chain (Hong Kong) Co., Ltd. and DHL Logistics (Beijing) Co., Ltd. DPDHL Group transferred its supply chain business in mainland China, Hong Kong and Macau to SF Express. This transaction does not involve other businesses in China such as international express delivery, freight and e-commerce logistics solutions. (E-commerce News)
6. Lei Jun talks about Xiaomi 9: I hope we sell it very cheaply, but I can't do it at all
Lei Jun posted on his personal WeChat and Weibo to talk about the price of Xiaomi 9, saying, "Xiaomi flagship phones must remove the constraints of cost-effectiveness, concentrate on making the best products, and live up to the expectations of Mi fans for Xiaomi! This time, in order to make Xiaomi 9 well, we will spare no expense." Lei Jun said, "The manufacturing and R&D costs of Xiaomi 9 are absolutely not cheap. I hope we can sell them at a particularly cheap price, but I can't do it at all." (Chuangyebang)
7. TikTok launches its first mini game
The official account of "Tik Tok Game" released a small game called "Yin Yueqiuqiu" yesterday. This is the first mini game released by Douyin since the Toutiao mini program was launched last year. The size and gameplay of the game are basically similar to that of WeChat mini games. They are both light casual games and can be played directly in the App. TikTok said that the mini-game is still in the business testing stage. (interface)
8. BOE has obtained the qualification to supply flexible OLED panels for iPhones
According to South Korean media ET News, Chinese screen supplier BOE has obtained the qualification to supply flexible OLED screens for iPhones. Of course, before that, Apple conducted strict tests on BOE's corresponding technologies and finished products, and only after passing can it be included in the supplier list.
Industry chain sources emphasized that although BOE has obtained the qualification, it does not mean that the OLED screens used for the iPhone will be immediately available, because Apple will continue to inspect BOE because the technology they provide is not mature enough, and it is expected that it will take some time to finally meet Apple's quality requirements. This year, the new generation of iPhones will be released, and BOE should be able to see the screens supplied by BOE. (Titanium Media)
Cross-border e-commerce
9. India may relax foreign direct investment regulations for single-brand retailers
To increase overseas capital inflows and attract large enterprises to enter the Indian market, the government is considering relaxing foreign direct investment regulatory regulations for single-brand retailers. The Indian government may make adjustments based on the scale of investment. If a foreign retailer invests $100 million, he will receive a six-year grace period to meet the constraints of the new regulatory regulations. If the investment exceeds $200 million or $300 million, he can receive an eight-year and a ten-year grace period respectively. At the end of last year, the Ministry of Commerce of India stipulated that e-commerce companies would not allow exclusive sales of any goods on their own platforms. (Zhu Dao)
10. New York Mayor: Amazon's abandonment of its second headquarters in New York is abusing its corporate rights
According to Bloomberg, New York Mayor Bill de Blasio recently said that Amazon's plan to abandon its second headquarters in the city is "an abuse of corporate power" and harms workers. "Amazon gave up just that." De Blasio said in an interview with NBC last Sunday. "What they did verifies people's biggest concerns about big American companies." (Sina Technology)
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