#Laogao E-commerce News# [E-commerce Evening News on March 29] Zhang Yong resigned as the legal representative of Zhejiang Taobao Network Co., Ltd.; Alibaba Wang Shuai: Ele.me's conquest of the city triggered personal attacks by its opponent; SF Express responded that the "Preferred Community Store" was suspended: partly adjusted to improve services; Alibaba Zheng Junfang responded that Xianyu sold imitation Moutai: it would conduct random inspections, and it was found that the store would be closed; WeChat stores added a second-level distribution function to help merchants expand sales scale...

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1. Zhang Yong stepped down as legal representative of Zhejiang Taobao Network Co., Ltd.
According to reports on March 29, Tianyan Check data showed that on March 27, the legal representative of Zhejiang Taobao Network Co., Ltd. changed, Zhang Yong stepped down and Jiang Fan took over. In addition, Zhang Yong also resigned as chairman and general manager. (Yibang Power)
2. Ali Wang Shuai: Ele.me's siege to attack the opponent's personal attack
Yesterday, Alibaba Wang Shuai posted a message to praise the Ele.me team: "Your conquest in the takeaway market has completely triggered the naked personal attacks of our competitors. This is the best praise for everyone's results."
This move is suspected to respond to Wang Xing’s previous statement in an interview: “I still think Jack Ma has a problem of integrity.” Wang Xing said in an interview that Jack Ma had divested his digital payments business Alipay without approval from Alibaba's board of directors, causing lasting damage to the global reputation of Chinese business leaders. (Europe)
3. SF Express responded to the suspension of "Preferred Community Stores": some adjustments were made to improve services
On the afternoon of March 29, in response to the media reports that "SF Express has stopped operating preferred community stores within the internal reports", SF Express responded to Sina Technology that SF Express has indeed adjusted the operating areas of some offline stores recently. The purpose of the adjustment is to concentrate resources to improve store service capabilities and customer experience, focus on urban development, and provide consumers with better services. (Webmaster's Home)
4. Jack Ma: I am not good at math but I am in awe. I should invest money in basic subjects
The Alibaba Global Mathematics Competition Award Ceremony was held in Hangzhou today, and Jack Ma presented awards to 51 mathematics winners on-site. Jack Ma said that it is true that the online rumor that "the first college entrance examination mathematics scored 0 points" was rumored, but he was very respectful of mathematics. "Alibaba hosts mathematics competitions because of the fun. Our money should be invested in human progress, especially basic disciplines. We hope to make a difference." (Sina Technology)
5. Alibaba Zheng Junfang responded to the sale of imitation Maotai on Xianyu: he will conduct random checks and found that the store will be closed
On March 29, at the spring meeting of the Alibaba Anti-Counterfeiting Alliance held in Shanghai, Alibaba's chief platform governance officer Zheng Junfang responded to the large number of imitation Moutai problems that appeared on the Xianyu platform. "Imitation Moutai is within the scope of anti-counterfeiting. Once discovered, it will close its account and store." Zheng Junfang said that Alibaba has discovered that in addition to second-hand products, there will also be some counterfeit goods on Xianyu for sale. Alibaba will conduct random inspections for these counterfeit products, but due to the large number of products, it is impossible to conduct large-scale inspections and can only be verified based on the data. (E-commerce News)
Internet news
6. Mobike's starting price is adjusted to 1 yuan/15 minutes, only implemented in Beijing
The latest announcement of Mobike shows that starting from April 8, the starting price of Mobike will be adjusted to 1 yuan/15 minutes; the duration fee will be adjusted to 0.5 yuan/15 minutes. Like Xiaolan Bicycle, the new version of Mobike billing rules are only implemented in Beijing and other cities will not be affected. (36Kr news)
7. Weidian adds a second-level distribution function to help merchants expand sales scale
According to March 29, in order to facilitate merchants to better recruit agents and expand sales scale, Weidian recently announced that it will launch the secondary sharing function at the end of March. In the newly added feature, the supplier can authorize the designated user as a "tier one distributor" through his mobile phone number, and also view the authorized "tier one distributor" list. The order information only displays the first-level distributor information. First-tier distributors can guide other users to become secondary distributors by forwarding recruitment pages, and set a profit sharing ratio between themselves and secondary distributors. However, the first-tier distributor does not have the right to view customer information for the second-tier distribution order. (Yibang Power)
8. Baidu Yin Shiming: Cloud will not be excluded by traditional companies, but it needs to be proven to create incremental value
Yin Shiming, vice president of Baidu and general manager of Baidu Cloud, said that Baidu has its own philosophy in cloud computing, which is different from others. In response to the issue of the combination of traditional enterprises and cloud computing, Yin Shiming said that traditional enterprises do not exclude cloud computing, but cloud computing needs to prove that it can provide new incremental value to enterprises, not just stock. In Yin Shiming's view, some specific traditional fields are more urgent to improve intelligence. "The manufacturing industry, finance, services, and telecommunications operations are all needed. Theoretically, the service industry may be faster, then to industry and then to agriculture." (Tencent Finance)
9. Suning Group Purchase Opens Natural Persons to Enter
According to reports on March 29, in order to better serve a wide range of user groups, meet users' consumption demands, and expand the trillion-dollar e-commerce market, Suning Group Pinzhuang Platform will open the site to natural persons to settle in group Pinzhuang stores. The specific open categories are individual (individual industrial and commercial households) group purchase stores and individual (natural persons) group purchase stores. (Crowdfunding Home)
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10. African e-commerce platform Jumia officially announced the IPO terms
March 29th news, in mid-month this month, African e-commerce platform Jumia Technologies (hereinafter referred to as "Jumia") submitted an IPO application to the U.S. Securities and Exchange Commission (SEC), seeking to list on the New York Stock Exchange under the stock code "JMIA".
Recently, Jumia officially announced its IPO terms, planning to issue 13.5 million ADSs at a price of $13 to $16, raising $196 million. Mastercard Europe has invested 50 million euros to conduct a private placement at the same time. If the final issue price is at the midpoint of the proposed range, after complete dilution, Jumia's market value will reach US$1.15 billion. (Sohu.com)
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