#Laogao E-commerce Newsletter# [March 6 E-commerce Evening News Brief]

　　#Laogao E-commerce News# [E-commerce Evening News on March 6] Alibaba New Trend Taobao President Jiang Fan will also serve as the president of Tmall; WeChat’s original “shopping list” is renamed “Good Goods Circle” and is launched: you can directly recommend favorite products; Pinduoduo once again significantly lowered the price of the new iPhone, with a maximum drop of 2,300 yuan; Cainiao sets a million bonus: encourage technicians to solve problems in the logistics industry; Tencent QQ: The cancellation function will be grayscale experience this week, and it is expected to be officially released next week...

　　E-commerce newsletter

　　1. Alibaba's new trend Taobao president Jiang Fan will also serve as Tmall president

　　On March 6, Alibaba Group launched a plan to upgrade its consumer operation strategy and improve its corporate service capabilities, focusing on the consumer market and corporate service market respectively. Taobao President Jiang Fan will serve as Tmall President, continuing to maintain the independent development of the two brands of Taobao and Tmall while opening up two consumption scenarios.

　　To realize layered operations of consumers and platform merchants, former Tmall President Jingjie will serve as the assistant to Zhang Yong, CEO of Alibaba Group, and become the secretary-general of Alibaba's digital economy enterprise service system, improving Alibaba's ability to serve enterprises and focusing on helping enterprises complete digital transformation. (Yibang Power Network)

　　2. WeChat’s original “shopping list” is renamed “Good Things Circle” and is launched: you can directly recommend favorite products

　　According to reports on March 6, the "shopping list" originally embedded in the search bar of the mini program was renamed "Good Good Things Circle" today, becoming an information management platform integrating order management, favorites, and product recommendations. The current annotation of "Good Things Circle" is: "Here, you can recommend good things to friends that you think are worthy of." In this function, some products recommended by friends are specifically marked "recommended" or "recommended after purchase", indicating that users do not need to purchase before they can recommend them, and they can directly recommend favorite products. (Finance in China)

　　3. Pinduoduo once again significantly lowered the price of new iPhones, with the highest drop of 2,300 yuan

　　On March 6, Pinduoduo once again announced a significant reduction in the price of iPhones. During the "3.8 Goddess Day" promotion, Pinduoduo will once again lower the price of related products ranging from 300 to 500 yuan based on this. Among them, the price of iPhone XS 64GB after coupon is 6999 yuan, the price of iPhone XS 256GB after coupon is 8199 yuan, the price of iPhone XS Max 64GB after coupon is 7599 yuan, and the price of iPhone XS Max 256GB after coupon is 8699 yuan, a decrease of 2300 yuan from Apple's official website. (E-commerce News)

　　4. Gaoxin Retail's total revenue in 2018 was 101.3 billion yuan and net profit fell by 7.3% year-on-year

　　According to reports on March 6, Gaoxin Retail Co., Ltd. released its 2018 performance report. During the reporting period, the company's total operating income was 101.315 billion yuan, a decrease of 1% from 102.32 billion yuan in the same period last year; net profit was 2.588 billion yuan, a decrease of 7.3% from 2.793 billion yuan in the same period last year; revenue was 99.359 billion yuan, a decrease of 2.9% year-on-year; operating profit was 4.196 billion yuan, a decrease of 6.5% year-on-year. (Yibang Power Network)

　　5. Alibaba International Station reaches strategic cooperation with Office Depot

　　Alibaba.com (Alibaba International Station), a cross-border B2B platform under Alibaba Group, announced a strategic cooperation with Office Depot, the world's largest office service company. The two sides will work together to promote 10 million small and medium-sized enterprises in North America to achieve global buying, selling and global transportation. In the future, office depot will open a store on Alibaba.com. These companies can order office supplies directly online and enjoy "next-day delivery" service. (36Kr)

　　Internet news

　　6. Cainiao sets a million bonus: Encourage technicians to solve problems in the logistics industry

　　On March 6, Cainiao Network announced that it would launch a technology challenge around the world and set up a prize pool of nearly one million, hoping to attract global technical teams to accelerate the digitalization and intelligence of the express logistics industry. Public information shows that Cainiao is promoting the IoT Internet of Things strategy, hoping to use technology with the industry to digitize logistics elements, thereby realizing the intelligence of the industry. (Sina Technology)

　　7. Tan Siliang: Qutoutiao has expanded its enrollment of more than 2,000 people, becoming the top 10 Internet companies in China this year

　　Tan Siliang, founder of Qutoutiao, mentioned at an internal employee meeting that Qutoutiao will expand its enrollment of more than 2,000 people this year, and the overall scale of the company will double again by the end of the year. It will provide 600 million shares as employee incentives throughout the year. "I believe that Qutoutiao will quickly grow into the top 10 Internet companies in China in 2019." It is understood that the positions recruited by Qutoutiao this time are mainly technology, data, algorithms, and products. (Sina Technology)

　　8. Zhuang Minghao responded that Panda Live was rumored to be bankrupt: he has been away for a long time, and the company's subsequent details are not known.

　　In response to the news that Panda Live will file for bankruptcy this month, employees will be compensated with half a month's salary. Zhuang Minghao, who joined Panda Live as vice president in the early stage and has resigned, responded: In fact, he has been away for a long time and does not understand the company's specific situation in the future. (36Kr)

　　9. Tencent QQ: The logout function is grayscale experience this week, and it is expected to be officially released next week

　　On March 6, Tencent QQ issued a statement saying that the QQ account cancellation function will be launched in the QQ7.9.9 version of mobile phone. The version is currently being experienced in grayscale and is expected to be officially released next week. Currently, only the mobile version of QQ7.9.9 and above provides this function. You can log out by clicking on the avatar - Settings - Account - Device safely entering the "Login QQ Account" page. (E-commerce News)

　　Cross-border newsletter

　　10. Forever 21 will withdraw from the Taiwan market, and the last store is expected to be closed at the end of March

　　On March 6, Forever 21, a fast fashion brand in Los Angeles, USA, will end its last store on Zhongxiao East Road, Taipei City at the end of this month. After Forever 21 closed the Xinyi ATT 4 FUN flagship store without warning after the Mid-Autumn Festival holiday at the end of September last year, the only store located at the Zhongxiao Dunhua MRT export is now announced to be completely turned off by the end of March and withdraw from the Taiwan market. (Sohu.com)

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