#Laogao E-commerce Newsletter# [March 4 E-commerce Evening News Brief]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on March 4] Moutai's total market value exceeded one trillion yuan; Tmall: Tmall beauty consumers have exceeded 300 million in 2018, and will increase their investment in beauty products this year; Bain Company and Alibaba Tmall have reached a strategic cooperation; Dong Mingzhu: It is best to increase the personal income tax threshold to 10,000, and good listed companies do not rely on stock prices; Huawei Group has become the sales champion of the Russian market in 2018Q4...

　　E-commerce newsletter

　　1. Tmall: Tmall beauty consumers have exceeded 300 million in 2018, and will increase their investment in beauty products this year

　　On March 4, at the 5th Tmall Golden Makeup Awards, Hu Weixiong, general manager of Tmall Fast Consumer Products Division, said that in 2019, Tmall will increase its investment in the beauty market, support 1,000 beauty brands to open stores on Tmall, and batch incubate more than 50 single products with annual sales of over 100 million yuan. On the same day, Tmall released a beauty economic report saying that in 2018, the beauty consumers on Tmall had exceeded 300 million, of which more than 50 million consumers born after 1995 bought cosmetics on Tmall. (36kr)

　　2. Bain Company and Alibaba Tmall reach strategic cooperation

　　March 4th news, management consulting companies Bain and Alibaba Tmall announced today that the two parties will launch strategic cooperation. According to the agreement, from 2019, Bain and Tmall will hold industry seminars regularly every year to release the latest trend reports and brand tools. Among them, Bain Company and Tmall will conduct in-depth research on consumer purchasing behavior and influencing factors based on Alibaba’s platform big data and combined with Alibaba’s rich global data labels, and provide tools and methods for brand digital transformation. (Entrepreneur Network)

　　3. Moutai's total market value exceeds one trillion yuan, and a new A-share record is born

　　A new record in A-shares was born! The market value of Kweichow Moutai’s A-shares has returned to one trillion yuan, with a historical increase of more than 140 times. The latest A-share market value of Kweichow Moutai has reached 1002 billion yuan, setting a record high, and is also the only A-share food stock that has entered a trillion-level market value, with a historical increase of more than 140 times. (Sina Weibo)

　　4. Gao Xin Retail Huang Mingduan: 2020 will be the harvest year for digital transformation

　　According to news on March 4, at the Gaoxin Retail Performance Conference, RT-Mart Chairman Huang Mingduan said that 2018 is the first year of Gaoxin’s digital reform, 2019 will be the year when new retail reform accelerates, and digital reform will usher in a harvest period in 2020. Regarding the outlook for cooperation with Alibaba, it said that as long as everyone can see, Gao Xin and Alibaba are working together, and Gao Xin can share Alibaba's resources. Regarding the form of opening a store, Gao Xin Retail said that first- and second-tier cities are more suitable for Hema Fresh, and third- and fourth-tier cities are more suitable for RT-Mart. (Yibang Power Network)

　　Internet news

　　5. Yang Yuanqing, Chairman of Lenovo Group: Make full use of 5G opportunities and promote intelligent transformation

　　Lenovo Group Chairman and CEO Yang Yuanqing has put forward a number of suggestions this year to promote the deep integration of artificial intelligence and the Internet, release efficiency dividends, and promote the high-quality development of China's manufacturing industry. Yang Yuanqing believes that 5G has a direct promotion effect on the development of the digital economy and can effectively stimulate industrial creativity. Traditional industries should make full use of the market opportunities brought by 5G, promote intelligent transformation, and create more "efficiency dividends". (Sina.com)

　　6. Dong Mingzhu: It is best to increase the personal income tax threshold to 10,000. Good listed companies do not rely on stock prices.

　　Dong Mingzhu believes that good listed companies are companies with endogenous motivation, not relying on stock prices or concepts. Dong Mingzhu revealed that the theme of her proposal this year is centered on "Made in China 2025", and the core is to create a fair and just environment. "We must let marketization temper our enterprises, because now some companies are still committing fraud." In addition, she also suggested that the personal income tax threshold should be increased to 10,000, and advocated that wealthy people pay more taxes. (Sina)

　　7. Reputation of Ele.me: The market share in the core areas of Guangzhou and Shenzhen exceeded 50%.

　　With the further cooperation of Ele.me, the two platforms have grown locally in Guangdong. Among them, Ele.me's market share in core urban areas such as Tianhe, Guangzhou and Nanshan, Shenzhen have exceeded 50%. In weekend activities such as the Alipay Takeaway Festival that began in 2018, the cumulative increase of restaurants participating in the event in Shenzhen exceeded 45%, and the number of Ele.me super members in Guangzhou increased by 200% within three months. (Yibang)

　　8. Honor President Zhao Ming talks about Xiaomi: Two brands should not target each other like this

　　When talking about Xiaomi, Honor President Zhao Ming said that the two brands should not target each other like this. "We must have a broad vision and we must restrain a lot of marketing language." When asked whether Xiaomi 9 will affect Honor's sales after its launch, Zhao Ming said that you can never stop others from launching what kind of products. The real important thing is that you are doing it strong enough. "If you want to say that it has an impact, it means that after comparison, the number of searches for Honor V20 will be more, our products will be more popular, and we will sell better." (Sohu.com)

　　Cross-border newsletter

　　9. Huawei Group became the sales champion of the Russian market in 2018Q4

　　The latest research data from Counterpoint Research shows that in Q4 2018, Huawei Group (including Honor) had a market share of 28% in the Russian smartphone market, and mobile phone sales increased by 91% year-on-year. In addition, Russia's Q4 smartphone sales fell 11% year-on-year, shrinking for the first time. (36Kr)

　　10. Japan's 7-11 branch will pilot the cancellation of the "24-hour business system"

　　On March 4, the 7-11 headquarters suddenly announced that in order to cope with the changes in the social structure of aging and population decline, it has been decided to conduct a trial of shortening business hours in 10 branches in 8 places including Tokyo, Aichi and Hyogo starting from mid-month, with business hours from 7 a.m. to 11 p.m. There are about 20,000 convenience stores in Japan, most of which are franchise stores. 7-11 Headquarters will next listen to customer advice and evaluate the impact on sales and daily operations, including cargo transportation and in-store cleaning. (E-commerce News)

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