#Laogao E-commerce Newsletter# [February 20th E-commerce Evening News]

　　#Laogao E-commerce News# [E-commerce Evening News on February 20] Li Guoqing's open letter officially announced his departure from Dangdang; Taobao's merchants increased by 3 times, and in 2018, 23 companies led transactions to exceed 100 million through live broadcasts; more than 55% of Alipay's 1 billion users come from third- and fourth-tier cities; Alibaba: AliExpress recently launched the largest social network VK in Russia; Lei Jun: Xiaomi will never give up on cost-effectiveness...

　　E-commerce newsletter

　　1. Taobao broadcasters increased by 3 times. In 2018, 23 companies led to transactions exceeding 100 million through live broadcasts.

　　Data shows that the number of new broadcast merchants on Taobao since 2018 has increased by nearly three times compared to before. Nowadays, when you click on the homepage of any Taobao store, many live previews will appear, "when will it start after that." Data released by Taobao Joint Taobao List shows that in 2018, 84 stores led to transactions of 50 million through Taobao live broadcast, and 23 of them achieved transaction volumes of over 100 million. (36Kr)

　　2. More than 55% of Alipay’s 1 billion users come from third- and fourth-tier cities

　　Recently, the "2018 Annual Report on China Mobile Internet" released by the domestic third-party research institution QuestMobile provides some analysis. The report said that among the newly added monthly active users of Alipay, more than 55.4% of the users come from third- and fourth-tier cities and below, which is what is commonly known as the "sinking market". "Sinking" is one of the most important keywords on the mobile Internet in 2018. TechWeb)

　　3. Alibaba: AliExpress recently launched VK, the largest social network in Russia

　　In response to Bloomberg news, Alibaba's AliExpress will launch Russia's largest social network app in late February. Alibaba responded that AliExpress has increased its investment in social e-commerce this year and is currently cooperating with Mail.Ru's social platform, namely VK, Russia's largest social networking website. It said that the product will help Russian Internet users access and purchase tens of millions of AliExpress products from VK. Currently, there are AliExpress-related personal websites and shopping guides on VK, and there are more than 1,000 related accounts with more than 1 million fans. (36Kr)

　　4. Li Guoqing's open letter officially announced his departure from Dangdang

　　On February 20, Dangdang founder Li Guoqing announced his departure from Dangdang in an open letter. In an open letter, Li Guoqing said, "I took the initiative to provoke Dangdang New Business Group three years ago. The experience of the new business in these three years has given me a new thinking about investment and innovation. Instead of innovating within a mature large platform, it is better to completely externally, because psychology tells us that "transformation is harder than shaping", which is also an important reason for my happy "run away" this time." (E-commerce News)

　　5. Mengjie announced its strategic plan to open 1,600 new stores this year

　　On February 19, at the recent shareholders' meeting of Mengjie Company, Jiang Tianwu, chairman of Mengjie Co., Ltd., announced the company's strategic plan for 2019, that is, to integrate its home textile products, own MH home fast-moving consumer goods and washing and care services into the "One House Good Goods" platform online; offline channels will be sinked, accelerating the distribution of stores in prefecture-level cities and counties across the country, and entering the plan of 10,000 physical stores, and ultimately forming a family consumption service ecosystem covering the country with Mengjie Co., Ltd. (Yibang Power Network)

　　Internet news

　　6. Lei Jun: Xiaomi will never give up on cost-effectiveness

　　On February 20, at the Xiaomi 9 press conference, Lei Jun said that after the Redmi Redmi brand became independent, Xiaomi will focus on innovation and ultimate experience. Regarding the question of Xiaomi's abandoning cost-effectiveness, Lei Jun said on the spot that he would never. (Tencent Technology)

　　7. Toutiao has upgraded the "spirit dog" and added anti-title party recognition ability

　　On February 20, Toutiao launched "Spirit Dog 2.0". In addition to the anti-pornography and vulgarity ability, it has added anti-violent abuse and anti-title party capabilities. Users can search for the "Spirit Dog" mini program in Toutiao and WeChat clients to try it out. At present, the overall accuracy of "spirit dogs" in identifying pornographic and vulgar and violent abuse content has reached 85%, and the accuracy of identification of title parties has reached 90%. As of February 2019, the number of users of the "Spirit Dog" anti-vulgar assistant has exceeded 2.4 million. (Sina.com)

　　8. Dangdang.com: Li Guoqing started his second business, and Chairman Yu Yu also serves as the company CEO

　　Dangdang.com issued an announcement stating, "Li Guoqing has great enthusiasm for the second entrepreneurship. Since January 2019, Li Guoqing no longer holds any position of Dangdang.com and is still a shareholder of the company. Chairman Ms. Yu Yu also serves as the company CEO. Dangdang.com's daily management decisions were completed by Yu Yu, the company's senior management." (People's Daily)

　　Cross-border newsletter

　　9. Aramex sells Indian business to logistics company Delhivery

　　On February 20, Dubai-based logistics company Aramex has sold its Indian operations to local logistics company Delhivery, powered by Indian venture capital firms and Tiger Global Management.

　　It is reported that Hector Crasto, national manager of Aramex India, sent an email to clients announcing the decision: “Aramex is establishing a strategic partnership with Delhivery, which will take over Aramex India’s domestic business. Therefore, from March 1, Aramex India will cease domestic business.” (Ebang Power News)

　　10. Amazon China joins hands with NetEase Koala's cross-border e-commerce landscape changes

　　Amazon is rumored to be selling its Chinese business again, this time it is overseas purchase.

　　On February 19, "Finance" reported that NetEase Koala will merge Amazon's overseas purchase business in China, and the two parties signed a contract at the end of 2018. It is reported that this transaction was initiated by NetEase Koala. After the merger of the two, it is likely to be split out with Koala as the main body, Amazon will hold shares in it and list it independently. (36Kr)

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