#Laogao E-commerce Newsletter# [February 19 E-commerce Evening News]

　　#Laogao E-commerce News# [E-commerce Evening News on February 19] JD.com: The prices of goods participating in the Butterfly Festival must be competitive across the Internet; JD.com responded that it would eliminate 10% of its vice president: The news is true; Tmall: Tangyuan sales increased by 117% year-on-year; in 2018, national poverty-stricken counties online sales on Alibaba platform exceeded 63 billion yuan; Didi takeaway lay off employees and went overseas, and domestic business may be closed...

　　E-commerce newsletter

　　1. JD.com: The prices of products participating in the Butterfly Festival must be competitive across the Internet.

　　According to February 19, JD.com today issued an announcement on the "2019 Butterfly Festival Event Management Rules". The rules require that merchants agree to abide by various management rules and related notices and announcements formulated based on the actual situation of Butterfly Festival, which will be a necessary condition for JD.com to choose merchants as Butterfly Festival partners. (E-commerce News)

　　2. JD.com responds that it will eliminate 10% of its vice presidents: The news is true

　　According to internal sources, at the JD Group’s opening annual conference held last weekend, JD announced that it would eliminate 10% of senior executives above the vice president level in 2019. As a company with 180,000 people, currently, senior executives at JD.com are estimated to be around dozens to one hundred. After verifying with JD.com's public relations personnel, JD.com's official response said that the news is true. JD.com Group is actively promoting the transformation of "small group, big business", aiming to revitalize resources, give full play to the vitality of the organization, and safeguard the development of diversified businesses to achieve quality growth. (Lianshang.com)

　　3. Tmall: Doughnut sales increased by 117% year-on-year

　　According to Tmall data, buying dumplings on Tmall has also shown some new trends, namely good-looking and productivity, and time-honored brands have turned into new Internet celebrities.

　　As of February 18, the sales of dumplings on Tmall platform increased by 117% year-on-year. The top 5 provinces and cities are Zhejiang, Jiangsu, Shanghai, Guangdong and Beijing. (E-commerce News)

　　4. Aiwu Jiwu official website and App have been stopped

　　The official website and App of the Internet real estate agency Aiwujiwu have been stopped from operating. Log in to the official website of Aiwu Jiwu, you can find that the "first floor landlord" is displayed and there is no functional service. The Aiwu Jiwu App shows "The server is lost". According to Tianyan Check, the first-floor landlord was established in November 2017 and mainly provides tenants with one-stop mid-to-high-end rental services. (First Financial Daily)

　　5. In 2018, national-level poverty-stricken counties have sold online sales on Alibaba platform exceeding 63 billion yuan.

　　Data from Alibaba Research Institute shows that in 2018, national-level poverty-stricken counties had online sales of over 63 billion yuan on Alibaba platform. The online sales of more than 100 poor counties reached or exceeded 100 million yuan. The online retail sales rank high in contiguous poverty-stricken areas such as Luoxiao Mountain Area, Dabie Mountain Area, Qinba Mountain Area, Wuling Mountain Area, and Yanshan Taihang Mountain Area. (Chuangyebang)

　　Internet news

　　6. Sogou releases its first stand-alone AI synthesis anchor

　　Sogou released its first stand-alone AI synthesis anchor. CEO Wang Xiaochuan introduced that the "AI synthesis anchor" is created by the "Sogou clone" technology, which is one of the core technologies of Sogou artificial intelligence. It can use Sogou's AI capabilities to conduct anthropomorphic training on AI from the levels of image expressions, sound language habits, logical thinking, etc., and then clone and create human AI clones, thereby helping humans improve the efficiency of information expression and transmission. According to the strategic cooperation agreement reached by Sogou and Xinhua News Agency, the two parties will launch more AI synthetic anchors in the future. TechWeb)

　　7. It is said that many offices of Douyu Beijing Branch have been empty

　　On February 19, the offices on the 7th floor of Yousheng Building, where Douyu Beijing Branch is located, have been empty, and there are very few employees. A staff member close to Douyu said that this was caused by the adjustment of Douyu personnel at the end of last year. Previously, media reported that senior officials close to Douyu revealed that Douyu has confirmed to go public in the United States. In response, Douyu replied to reporters that he was unaware of the IPO in the United States. (Sohu.com)

　　8. Didi Takeout lay off employees and goes overseas, and its domestic business may be closed

　　According to news on February 19, multiple sources revealed that Didi’s current strategy for food delivery business is to lay off employees, go overseas, and the domestic business faces the situation of possible closure. Didi Takeout's domestic business is cooperating with agents. The contract should not be renewed after it expires and will be removed from the shelves one after another. People familiar with the matter said that the layoffs of takeaway workers are part of Didi’s reduction in staff and are a normal adjustment. (36Kr)

　　Cross-border newsletter

　　9. NetEase Koala merges Amazon's overseas purchase business in China, or adopts a stock exchange method

　　NetEase and Amazon are promoting a major restructuring of China's e-commerce business. NetEase Koala will merge Amazon's overseas purchase business in China. The negotiation lasted for several months and was initiated and promoted by NetEase Koala. Both parties may adopt share swaps. The deal was signed at the end of 2018, but it was not going well. A person close to the deal said, "The two sides put forward some conditions during the negotiations and experienced all the difficulties that can arise in commercial negotiations." (Financial)

　　10. Compete for Alibaba's second largest e-commerce company, Yayvo, intends to introduce new investors

　　According to Bloomberg, Pakistan's second largest online retailer Yayvo plans to introduce new investors in its competition with Alibaba Group.

　　Yayvo chief Adam Dawood said in an interview in Karachi last week that the e-commerce company has selected several consulting firms to help raise funds. According to Dawwood, Yayvo plans to start meeting potential investors in the Middle East and China next month. (Oriental.com)

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