#Laogao E-commerce Newsletter# [E-commerce Morning News on April 11] JD responded to the 2019 school enrollment: a very small number, provide economic compensation; Yunji E-commerce plans to IPO in the US stock market in May, and has submitted a prospectus; JD released the 2019 JD Supermarket maternal and child strategy: users, products, and accurate access through all channels; Didi Liu Qingyi was diagnosed with cancer three and a half years ago: life except life and death is all scratches; insiders: Suning has taken over the operation of Wanda Department Store and will complete the delivery in April...

E-commerce newsletter
1. JD.com responded to the 2019 school enrollment: a very small number, financial compensation
In response to the news that JD.com destroyed the contract with the three parties of the 2019 school enrollment, JD.com issued a statement to respond: Due to the adjustment of JD's individual business and organizational structure, a very small number of school enrollment positions have been unable to perform their contracts recently. I sincerely apologize for this and actively promote better solutions. For the situation where both parties are indeed unable to perform their contracts normally, corresponding economic compensation will be made in accordance with the agreement. JD also stated that more than 1,300 fresh graduates will join JD.com in the near future. (Wall Street News)
2. Yunji E-commerce plans to IPO in US stocks in May, and has submitted a prospectus
According to reports on April 11, it was reported that member e-commerce platform Yunji is expected to go to the United States for IPO in early May. The company had previously officially submitted a listing prospectus to the US SEC on March 21. According to the prospectus, Yunji's revenue in 2017 and 2018 was 6.444 billion yuan and 13.015 billion yuan, respectively; the GMV (total transaction volume) in 2017 and 2018 was 9.6 billion yuan and 22.7 billion yuan, respectively; Yunji's net losses in 2017 and 2018 were 105 million yuan and 56.326 million yuan, respectively, with a cumulative loss of nearly 200 million yuan in three years. (E-commerce News)
3. JD.com released the 2019 JD Supermarket maternal and infant strategy: users, products, and omni-channel accurate access
On the evening of April 10, JD.com Group released the 2019 JD Supermarket maternal and infant strategy today: First, JD Supermarket maternal and infant categories should be user-centered and refined users and deeply cultivate the labeled user operation model; second, JD Supermarket maternal and infant categories should take products first, and strengthen the core competitiveness of products with C2M reverse customization; third, JD Supermarket maternal and infant categories will be based on the core capabilities of the supply chain, and through borderless retail solutions such as maternal and infant vertical media, Beijing chain projects, and competitive prices, it can achieve accurate online and offline omni-channel access. (Crowdfunding Home)
4. NetEase Koala strategically signs Nestlé China
NetEase Koala recently signed a strategic cooperation agreement with Nestlé China in Hangzhou. The two sides said that they will increase the infant milk powder and complementary food market through general trade cooperation, and jointly open up a new blue ocean for China's maternal and infant market. In the future, NetEase Koala and Nestlé China will also integrate online and offline resources between the two parties and carry out in-depth cooperation in the introduction of new products, brand promotion, content marketing, health education, scenario-based operations, etc. (North China.com)
5. JD Logistics joins hands with China Mobile 5G Joint Innovation Center
On April 10, JD Logistics and China Mobile Research Institute signed a cooperation agreement in Beijing. The two parties will rely on China Mobile's 5G Joint Innovation Center to comprehensively carry out innovative product research and development and business application cooperation for 5G in many fields such as smart transportation, smart cities, and cloud offices, and jointly build a 5G cross-industry integration ecosystem. (Chuangyebang)
Internet Information
6. Didi Liu Qingyi got cancer three and a half years ago: life is full of scratches except life and death
On the evening of April 10, Didi President Liu Qing said in a commentary on the article "Dragon Mom" sharing her illness experience: I feel like I will die while taking a film." In addition to life and death, everything else in life is abrasion.
On Weibo, Liu Qing recalled the sudden diagnosis of cancer three and a half years ago. She said that she felt like a plane at that time. She was about to take off and suddenly fell down, and she felt very happy.
Liu Qing said that looking back today, thanks to the experience three and a half years ago, which makes people more brave and pure. On Weibo, Liu Qing also thanked her family, friends and comrades who supported her coming. (Sina Finance)
7. Kuaishou releases the rank system: only evaluates personal level and does not disclose it to the public.
Kuaishou released a rank system in March, with a total of 24 professional channels, including product and operation families, technology families, business families, operation families and professional families. The professional ranks are generally divided into 6 large gears and 16 small gears, from K1 to K6, and each large gear has 2-3 small gears. According to people familiar with the matter, Kuaishou's 3B is basically equivalent to Alibaba's P6. In addition, Kuaishou's rank is only evaluated for personal level and is not disclosed to the public. Previously, Kuaishou has been implementing flat management within. Kuaishou expressed no response to this. (interface)
8. Xiaoqiao Technology released a number of new products to interpret the concept of "home fitness in smart technology"
On April 10, Xiaoqiao Technology held a new product launch conference in North China and launched a number of heavyweight products such as Xiaoqiao Smart Treadmill X3Pro, Xiaoqiao Dynamic Bike Q200, Xiaoqiao Elliptical Machine Q300, Xiaoqiao Smart Treadmill i1, and other heavyweight products. At the press conference, Xiaoqiao Technology focused on user needs and deeply penetrated the treadmill into home sports scenes, injecting technology intelligence into home fitness activities, and once again deeply interpreted the concept of "smart technology's home fitness" with new products. (Chuangyebang)
9. Insider: Suning has taken over Wanda Department Store operation and will complete delivery in April
According to an insider insider of Suning, more than 30 general managers of Wanda Department Store arrived at the Suning headquarters in Nanjing today to attend the monthly meeting of Suning Fashion Department Store. This means that Suning.com's management team has fully taken over the operation of Wanda Department Store. Starting from April, the industrial and commercial changes of 37 Wanda Department Stores are also in progress in an orderly manner, and the acquisition and delivery are expected to be officially completed in the near future. Suning.com's acquisition of Wanda Department Store has entered the stage of substantial integration. (Chuangyebang)
Cross-border e-commerce
10. Amazon unmanned stores will begin accepting cash
Amazon’s unmanned store, Amazon Go, will begin accepting cash as more and more people criticize the company for discriminating against low-income people without bank accounts. Asked last month at an internal all-person meeting, how the company plans to address the “discrimination and elitism” of its teller-free store, Steve Kessel, senior vice president of Amazon physical stores, said the company plans to set up “additional payment mechanisms” at its Amazon Go store. (Sina Finance)
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