#Laogao E-commerce Newsletter #March 25 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on March 25] Jack Ma was invited to attend the West Point Military Academy forum to explain his understanding of leadership; Tmall's new measures to support time-honored brands: gathering stores; Fliggy: After May Day, the number of hotel views soared by 50% after four days of holiday; Youku refuted rumors and layoffs: Alibaba Entertainment will recruit more than 1,800 people in the new fiscal year; White paper: The overall consumption growth rate of third- and fourth-tier cities is 2-7 times that of first- and second-tier cities...

　　E-commerce newsletter

　　1. Jack Ma was invited to attend the West Point Military Academy forum to explain his understanding of leadership

　　On March 23, at the invitation of West Point Military Academy, Jack Ma attended the annual MacDonald Character Leadership Forum at West Point Military Academy in the United States. West Point Military Academy is world-renowned for its leadership training. At the forum, Jack Ma explained his view on leadership. He believes that the world needs leadership today, not to prove how powerful he is, but to solve problems together. (Titanium Media)

　　2. New measures to support time-honored brands: Gathering stores

　　On March 24, Tmall announced on the 22nd of this month that new measures have been taken to support time-honored brands will be concentrated on building a collection of time-honored brands in the incubation area to help time-honored brands reduce the cost of accessing the Internet and accelerate the transformation of the Internet.

　　On the same day, the first time-honored brand collection store, Laoha Yijia flagship store, was also unveiled simultaneously. This collection store is officially certified by the China Time-honored Brand Association. It currently brings together famous time-honored brands such as Hu Qingyutang and Caizhizhai. The store displays a variety of time-honored brand celebrity products, and entering the store is like shopping offline.

　　"By introducing professional agency operations companies, this collective store model can help time-honored brands who are just entering the Internet greatly reduce operational and marketing costs, improve operational efficiency, and better serve young people." said Tiande, director of Tmall Merchant Strategy Department. (Yibang Power Network)

　　3. Fliggy: After May Day, the number of hotel views soared by 50% after four days of holiday.

　　According to Fliggy data, after the announcement of the announcement of the May Day change to four-day holiday, the number of hotel views soared by about 50%, and the number of hotel bookings on the platform also surged. According to the popularity of the hotel booking city, Shanghai, Beijing, Hangzhou, Guangzhou and Chengdu are the most popular in China, and the top 5 international and Hong Kong, Macao and Taiwan hotels are: Hong Kong, Macao, Osaka, Bangkok and Seoul. (36Kr)

　　4. Youku refutes rumors and layoffs: Alibaba Entertainment will recruit more than 1,800 people in the new fiscal year

　　On the evening of March 23, in response to the news that self-media leaked that Youku layoffs, Alibaba Entertainment said that it had made public refutations before and there was no layoff. In the next year, the company plans to openly recruit more than 1,800 new employees in film and television content production, Internet product planning, technology research and development, etc. As for the reasons for the small number of personnel changes on Youku, Alibaba Entertainment explained that on the one hand, there are reasons for internal rectification since December last year, and on the other hand, it is to make normal performance optimization and organizational upgrades for the business goals of the new fiscal year (April 2019-March 2020). Previously, Alibaba has repeatedly emphasized that its determination, confidence and patience in large entertainment, Youku and the content industry will not change. (Sina Technology)

　　5. Alibaba acquires Israeli AR startup InfinityAR

　　Alibaba acquired Israeli startup Infinity Augmented Reality, which Alibaba began investing three years ago. InfinityAR will join Alibaba's Israeli Machine Vision Research Laboratory, but no financial details were disclosed, according to a press release released by the startup's website on Thursday. According to market estimates cited by Globes, Alibaba paid more than $10 million. (Sina Finance)

　　Internet Information

　　6. Will there be 100 or 1,000 artificial intelligence unicorns in the future? Kai-Fu Lee: The answer is absolutely no

　　On March 23, Kai-Fu Lee, chairman and CEO of Innovation Works, said at the China Development High-Level Forum that research shows that artificial intelligence will create 100 trillion yuan in value in the next 11 years. In the past, investors have obtained 10 times or 100 times returns through related investments. But will there be 100, 1,000 artificial intelligence unicorns in the future? Kai-Fu Lee believes that the answer is absolutely no. (National Express)

　　7. Jia Yueting has sold FF headquarters and the transaction price is US$29 million

　　On March 23, Jia Yueting recently chose to sell his assets many times. In addition to the factory in Nevada, real estate transaction information shows that FF's US headquarters in Los Angeles has also been sold on March 8 this year, with a transaction price of US$29 million. FF is headquartered at 18455 Figueroa Street, Los Angeles. Its headquarters was bought by a US company called Atlas V GARDENA LLC, according to transaction documents released by the US property website Property Shark. At the same time, a memorandum of lease contract showed that FF leased its headquarters back on March 8. A person close to FF told reporters that FF carried out after-sales leaseback of its headquarters property and retained the right to repurchase. (Titanium Media)

　　8. Apple CEO Cook: Business is cyclical and has not entered a cold winter at this stage

　　When 36Kr and Apple CEO Cook talked about whether the entrepreneurial environment has entered a cold winter, his view is that business always has cyclicality and does not think it has entered a cold winter. He believes that entrepreneurs should look to the long term and believe that innovation is the core of economic development. Whether it is the B2C or B2B business model, there are huge opportunities. Cook said that in the foreseeable future, smartphones will continue to change and promote innovation, even if it is small. "Real innovation can make life better and have lasting impact," Cook said. (36Kr)

　　9. White Paper: The overall consumption growth rate in third- and fourth-tier cities is 2-7 times that of first- and second-tier cities

　　The "Quality and Economic White Paper" released by Alibaba's marketing platform Juhuasuan pointed out that 70% of Taobao users account for 35 years old, showing strong purchasing power and the potential of a younger market, especially prefer pets, beauty and black technology products. The overall consumption growth rate of third- and fourth-tier cities is 2-7 times that of first- and second-tier cities, reflecting the huge market growth space for third- and fourth-tier cities. Under the trend of parallel consumption grading and consumption upgrading, high-consumption and low-consumption groups have similar demand for affordable goods, both accounting for about 50% of the total demand for goods. (36Kr)

　　Cross-border e-commerce

　　10. Russian media: Xiaomi and Huawei plan to expand their retail network in Russia and open hundreds of stores

　　According to the Russian Businessman, Xiaomi and Huawei are preparing to expand their retail network in Russia on a large scale. Xiaomi plans to open nearly 100 stores in Russia this year; Huawei has up to 30 stores, but it is considering increasing it to 200 stores in the future. In order to sell more expensive goods, those expensive goods that users can only experience and evaluate through experience stores, and the needs of brands are more urgent than those of stores. (Sina Technology)

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