#Laogao E-commerce Newsletter# [E-commerce Morning News on April 10] The transaction of Kuaishou store can be directly connected to the WeChat mini program to complete; JD senior personnel changes again Wang Xiaosong and Hu Shengli have confirmed their transfer; 360 Company: The company and Zhou Hongyi have no and have never had any relationship with "Internet celebrity cloud merchants"; Jia Yueting's collateral core assets worth 1.9 billion yuan will be auctioned online on Taobao again; Xiaomi: Lei Jun's 10 billion yuan salary is all equity, no cash...

E-commerce newsletter
1. Kuaishou store transactions can be directly connected to the WeChat mini program to complete
Netizens found that in Kuaishou App, the product links in Kuaishou store can be directly entered into the "Kuaishou Shopping Assistant" mini program. When users click on purchases in this interface, they will jump to the "Mao Chopsticks Star Selection" mini program directly connected to the Kuaishou App, and complete product transactions through WeChat payment in this system. This is another trading model for products in Kuaishou Store after Kuaishou Store was launched in June 2018 (36kr) after Kuaishou Store was launched, and after it was redirected to Taobao links on Kuaishou Station through Youzan and off-site Taobao links, the website has been redirected to other products (36kr)
2. JD senior personnel changes again. Wang Xiaosong and Hu Shengli have confirmed their transfer.
According to April 9th, media reports today that Wang Xiaosong, senior vice president of JD Group and president of JD Mall Fresh Business Department, is no longer responsible for 7FRESH business, and Hu Shengli, senior vice president of JD Group and president of fashion and lifestyle business group, was also transferred from his original post.
In this regard, Phoenix Technology confirmed through relevant persons from JD.com that the transfer of Wang Xiaosong and Hu Shengli is true, but the specific transfer positions have not yet been responded to.
JD.com told Phoenix.com that in order to promote the comprehensive development of business management personnel, JD.com Group has recently begun to implement the core executive rotation plan. Mr. Wang Xiaosong and Mr. Hu Shengli, as outstanding management cadres trained within the company, will be transferred to other positions. The company hopes that they will make greater contributions in their new positions. (Phoenix Technology)
3. Cainiao Gougou helps couriers increase their per capita income by more than 20% in the next three years
On April 9, Cainiao Gougou announced a plan to increase the income of couriers: it will connect hundreds of thousands of couriers online in the next three years, and by improving delivery services, it will help couriers increase their per capita income by more than 20%. (Europe)
4. JD Digital streamlines the middle and backend departments to 8, and the group’s vice president Pei Jian no longer works full-time
JD Digital has adjusted its organizational structure and streamlined the original more than 10 middle and backend departments to 8. The streamlined middle-end departments are the Digital Technology Center, the Risk Management Department, the Legal Compliance Department, the Marketing Department and the Research Department, and the Back-end departments are the Strategy Department, the Finance Department and the Human Resources Department. Pei Jian, vice president of JD Group and general manager of JD Digital Intelligent Big Data Department, is unable to work full-time due to family reasons, and will continue to work part-time on JD Group data-related work in the future. (interface)
5. 360 Company: The company and Zhou Hongyi have no and have never had any relationship with "Internet celebrity cloud merchants"
On the evening of April 9, 360 Company issued a statement saying that 360 Company and Zhou Hongyi have no and have never had any relationship with "Internet celebrity cloud merchants", and will initiate industrial and commercial reporting, court litigation and other means to safeguard their legal rights. 360 Company said that "Internet celebrity cloud merchants" used 360 Company and Chairman Zhou Hongyi's name to promote without permission, and lied that "Internet celebrity cloud merchants" were invested by 360 Company and Lao Zhou. After 360 Company called and sent a letter to warn, the "Internet celebrity cloud merchant" has not stopped infringing. (E-commerce News)
Internet Information
6. Tianhong Yu'ebao will no longer limit on the quota starting from April 10th
On the evening of April 9, Tianhong Fund issued an announcement stating that in order to maintain the long-term and stable operation of Tianhong Yu'ebao Money Market Fund, Tianhong Fund set relevant restrictions on the holding quota of Yu'ebao Money Market Fund's personal trading account and the single-day subscription quota of personal trading account. In order to better meet the financial management needs of investors and further improve customer experience, it is decided to lift relevant restrictions from April 10. (36Kr)
7. Jia Yueting's core assets worth 1.9 billion yuan will be auctioned online on Taobao again
On the evening of April 9, on April 15, Huarong Zhongguancun Non-performing Assets Trading Center will promote a mortgaged asset with a total debt of 1.9 billion yuan, and the core assets will also be auctioned online on Taobao simultaneously. The owner of this mortgage is Jia Yueting, the actual controller of LeTV Holdings. The above-mentioned core assets were not the first time they were auctioned - they started at a 30% discount in January this year. Although more than 50,000 people "watched" at that time, no one finally made a bid. (E-commerce News)
8. Lei Jun sent a letter from all employees: sounding the clarion call for Xiaomi to embark on the second stage of entrepreneurship
On April 9, Lei Jun issued a letter from all members of Xiaomi Group, saying, "In the next ten, twenty, thirty, and even one hundred years, we will work tirelessly to implement Xiaomi's mission. Xiaomi's story begins to enter the second chapter, and our future will undergo many changes. Just like in the past 9 years, we have always remained agile, embraced changes, and continuously improved our tactics to become stronger, more mature and more stable." Lei Jun said that Xiaomi's original aspiration will not change, its core strategy will not change, and its values will not be shaken in the slightest due to external storms. (E-commerce News)
9. Xiaomi: Lei Jun’s salary of 10 billion yuan is all equity, no cash
Xiaomi issued an announcement today stating that for the year ended December 31, 2018, the salary received by director Lei Jun was between HK$150 million and HK$15 billion, mainly for the one-time issuance of 636,596,190 Class B common shares (after the shares were split) to entities controlled by Lei Jun on April 2 last year in return for his contribution to the company. As of the date of the announcement, the relevant shares are still held by entities controlled by Lei Jun and have not been sold. Lei Jun promised to donate all relevant shares for public welfare purposes after deducting any tax payable. (36Kr)
Cross-border e-commerce
10. Indian logistics company Delhivery received US$413 million in round F financing led by SoftBank Vision Fund
Delhivery, one of India's largest third-party logistics companies, recently completed a US$413 million Series F financing, officially entering the ranks of unicorns in the logistics field in India. This round of financing was led by SoftBank Vision Fund, followed by old shareholders Carlyle and Fosun. After this round of financing, Delhivery will actively expand its express delivery, express and warehousing service network, further consolidate its leading position in the Indian logistics field, vigorously expand new businesses, and be determined to develop into a more comprehensive Indian integrated logistics provider. (Lei Di.com)
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