#Laogao E-commerce Newsletter# [March 11 E-commerce Morning Newsletter]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on March 11] Alibaba invested 4.66 billion yuan in Shentong Express; JD: In the past year, 2,800 service providers have cooperated with JD.com; Tencent once again increased its holdings in Vipshop shares to increase its efforts to fight Alibaba; Dong Mingzhu talked about Xiaomi’s air conditioning: the quality and technology are better than them, and there is no pressure; Gree and Tmall have launched IoT cooperation, and home appliances will be connected to Tmall Genie...

　　E-commerce newsletter

　　1. Tencent once again increased its holdings in Vipshop shares to increase its efforts to fight Alibaba

　　近日，根据唯品会递交给美国证券交易委员会SEC的文件显示,腾讯在二级市场多次增持唯品会，持股占总股本的比例升至大约8.7%，再加上京东的5.5%的持股比例，二者合计持股数量占唯品会总股本的14.2%，这个比例已经超过唯品会创始人、CEO沈亚12.7%的持股比例。截至3月10日晚间最新收盘价，唯品会股价为7.23美元/ADS。（电商报）

　　2. JD.com: In the past year, 2,800 service providers have cooperated with JD.com

　　JD.com said that in the past year, 2,800 service providers have cooperated with JD.com to provide 92% of JD platform merchants with full-service services such as software services, operation services, store decoration, and video. According to JD.com's Q4 financial report, there are currently 210,000 merchants on the JD platform, an increase of 40,000 from 2017. (36kr)

　　3. Alibaba invested 4.66 billion yuan in Shentong Express

　　On March 11, Shentong Express issued an announcement that the company's major shareholder signed a "Framework Agreement" with Alibaba. According to the agreement, Alibaba will invest 4.66 billion yuan to invest in Shentong Express's controlling shareholder company. After this investment, Deyin Investment, the former major shareholder of Shentong Express, holds 51% of the shares of the new company A, and Alibaba will hold 49% of the shares of the new company A.

　　(E-commerce News)

　　4. Mobike's Asia-Pacific region may focus on the Chinese market in the future

　　On March 11, according to foreign media reports, Mobike is closing all its international business and focusing on the domestic market in China. The company laid off its Asia-Pacific market operation team last Friday, which has more than 15 full-time employees in Singapore, Malaysia, Thailand, India and Australia, as well as multiple contractors and third-party employees, reflecting the trend of Mobike's international business, as the Asia-Pacific accounts for the largest part of Mobike's business outside China. (E-commerce News)

　　Internet Information

　　5. Zuckerberg: I ​​regret not being able to learn WeChat earlier

　　Jessica Lessin, founder and CEO of the foreign technology media The Information, forwarded the article "What Facebook Learns from WeChat" published by the media four years ago on his personal Facebook account on the 7th. Afterwards, Zuckerberg commented on him on the 8th, saying, "If only I'd listened to your advice four year ago..." (If only I'd listened to your advice four year ago...), expressing regrets that he failed to learn WeChat's related practices earlier. (Tencent Technology)

　　6. Dong Mingzhu talks about Xiaomi’s air conditioning: the quality and technology are better than them, there is no pressure

　　In an interview with Shanghai Securities News recently, Dong Mingzhu was asked how she thought about the air conditioners of Xiaomi and other Internet companies. She said, "If your quality is not as good as others and your skills are not as strong as others, you will feel pressure." Regarding the increase in salary for employees, she replied: "With the improvement of living standards, you must give employees a reasonable salary increase year by year, but the next salary increase method will change reasonably." (Shanghai Securities News)

　　7. Gree and Tmall have launched IoT cooperation, and home appliances will be connected to Tmall Elf

　　Gree and Tmall signed a memorandum of strategic cooperation in Hangzhou, and the two parties will carry out comprehensive cooperation in the fields of IoT, new product innovation, enterprise digitalization, etc. According to the agreement, Gree will cooperate with Tmall Genie, a subsidiary of Alibaba Artificial Intelligence Laboratory. Gree home appliances will be connected to IoT, with the goal of achieving 1 million smart air conditioners on Tmall in 2019 and accelerating the Internet of Things strategy; at the same time, Gree's new products will also be launched simultaneously on Tmall, and will carry out C2B product customization with Tmall in the future to enhance market influence. (36Kr)

　　8. Tesla store sales staff: stores in China will not be closed for the time being

　　A Tesla experience store salesperson said that it is currently mainly North America and Europe that are considering gradually closing stores, and China will not. Regarding the news of canceling sales commissions, staff from Tesla's Chengdu Taikoo Li store said that this is currently circulating on the Internet, but they have not received a formal notice. (Everything)

　　Cross-border e-commerce

　　9. Amazon stops wholesale and retail, and encourages direct sales to consumers

　　According to foreign media reports, Amazon suddenly stopped buying products from many wholesalers, which triggered panic among some suppliers. According to foreign media reports, the company is currently encouraging suppliers to sell directly to consumers on its market. Amazon plans to make more profits by reducing the cost of buying, storing and shipping products. Meanwhile, Amazon can charge suppliers for these services and charge commissions on each transaction, which is much less risky than buying the item directly and then selling it. (Yibang Power Network)

　　10. Daraz, the largest e-commerce platform in South Asia, builds a self-operated logistics system

　　On March 10, according to foreign media DailyMirror, Daraz, the independent logistics platform of Daraz, the largest e-commerce company in South Asia, comprehensively deploys Sri Lanka's logistics infrastructure. So far, it has developed the logistics hub to 14 regions across the country and plans to reach 20 regions by the end of 2020.

　　Since its establishment in 2012, Daraz has quickly expanded its business to Pakistan, Nepal, Bangladesh, Myanmar and Sri Lanka. In Sri Lanka, in addition to the main consumer markets of Colombo, Gambha, Kandy and Kalutler are also closely behind, with at least 4,000 shipments per month in the region. The e-commerce market in areas such as Jaffna, Kurugalala, Ampara and Badul are also rising rapidly, while logistics facilities need to be improved urgently. (Yibang Power)

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