#Laogao E-commerce Newsletter #E-commerce Morning News on April 15

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on April 15] Liu Qiangdong sent an email to discuss salary adjustments for delivery staff: to survive for JD Logistics; Jack Ma talked about "996" again: the real 996 is not a simple overtime work; JD wants to take five-star appliances into account, but may have been due diligence for two months; Alibaba Business School’s first African cross-border e-commerce undergraduate class is recruiting students in Rwanda; Alipay: On April 17, a new generation of face-scanning payment products will be released...

　　E-commerce newsletter

　　1. Liu Qiangdong sent an email to discuss the salary adjustment of delivery staff: to survive for JD Logistics

　　In the early morning of April 15, Liu Qiangdong released an internal email, which was a letter to all the delivery brothers. It said that JD Logistics lost more than 2.3 billion yuan in 2018, which is the twelfth year of loss.

　　Liu Qiangdong also said in the letter, "All the company has done is to make JD Logistics survive, and to make everyone live a better and longer life!" (E-commerce News)

　　2. Jack Ma talks about "996" again: The real 996 is not a simple overtime work

　　According to the news on April 14, Jack Ma once again expressed his views on Weibo in response to the "996" working system that has been hotly discussed recently. He said: "The real 996 is not a simple overtime work or a monotonous physical work. It has nothing to do with being exploited, because people are not stupid nowadays, and there are many opportunities to choose. I think the real 996 should be spending time studying, thinking and improving oneself."

　　Regarding the previous criticism, he believes that today's society does not lack correct words, but the truth, truth, and words that make people think. Facing young people means facing the future, and facing the future cannot be ignored.

　　Jack Ma previously talked about "996" in an internal exchange event of Alibaba, saying: "Today, China's BAT companies can be 996. I think it is a blessing for us to cultivate. In this world, each of us hopes to succeed, a better life, and a respected one. I would like to ask everyone, if you don't make efforts and time beyond others, how can you achieve the success you want?" (Geek Park)

　　3. JD.com wants to take Wuxing Electric Appliances into its pocket, but it may have been conducting due diligence for two months.

　　Recently, it has been reported that JD.com may include Wuxing Electric Appliances in its acquisition. The two parties have had substantial contact, and JD.com has sent a team to Wuxing Electric Appliances for a comprehensive investigation. People familiar with the matter revealed: "JD's team's due diligence on Wuxing Electric Appliances has been in nearly two months, and it has come to an end, and there may be results soon. This time, JD mainly focuses on Wuxing Electric's outlets and other resources in the third- and fourth-tier markets." Regarding this merger, JD said that it is not convenient to disclose it for the time being, and relevant persons from Wuxing Electric Appliances will not comment. (Securities Daily)

　　4. Alibaba Business School’s first African cross-border e-commerce undergraduate class recruits students in Rwanda

　　Alibaba Business School conducted an enrollment interview with its first African cross-border e-commerce undergraduate class in Kigali, the capital of Rwanda from the 8th to the 12th. Applicants who finally passed the selection will be admitted in September this year. The project plans to recruit 30 people in the first year, all from Rwanda. They will spend 4 years studying Internet, international trade and cross-border e-commerce related content in Hangzhou, especially China's e-commerce experience. (Xinhua News Agency)

　　5. Sanjiang Shopping: The subsidiary intends to transfer 100% of Hangzhou Zhejianghai equity to Hangzhou Hema

　　Sanjiang Shopping issued an announcement stating that the company's wholly-owned subsidiary Zhejiang Zhejiang Haihuadi Network Technology Co., Ltd. plans to sign a "Share Transfer Agreement" with its affiliated party Hangzhou Hema Network Technology Co., Ltd., and intends to transfer all its 100% equity in Hangzhou Zhejiang Haihuadi Network Technology Co., Ltd. to Hangzhou Hema, with the transfer price of RMB 30 million. In addition, Wang Lu, director and president of Sanjiang Shopping, applied to resign from his position as director, member of the Nomination Committee and president due to personal reasons, and Wang Xiruo, director, applied to resign from his position as director due to work adjustments. (36Kr)

　　Internet Information

　　6. All products on Gionee official website are removed from the shelves or transferred to the mobile phone business

　　April 15th news, after the official website of Gionee was found to be invalid and unable to access normally, the official website has returned to normal. Gionee insiders said: "The system was in maintenance before, but now consumers can use it normally." However, all products on Gionee's official website are being removed from the shelves. Some insiders believe: "Gionee's mobile phone business is unlikely to recover. Even if the takeover party is welcome, this business may still not be able to continue. It has been leaving the market for too long, and most of its main advantageous resources will be transferred. In the end, Gionee may transfer it in full." (Yipang Power Network)

　　7. China Telecom's first 5G business hall is located in Beijing

　　China Telecom's first 5G business hall in China has officially landed in Chaoyangmen, Dongcheng District, Beijing, and the business hall has completed 5G test network coverage. Although 5G terminals have not been commercially available, in the business hall, staff will use professional equipment to convert 5G mobile signals into WiFi signals. (Beijing Business Daily)

　　8. Alipay: A new generation of face-scanning payment products will be released on April 17

　　According to the morning news on April 14, Ant Financial recently announced that it will release a new generation of face-scanning payment products in Beijing on April 17, which will completely upgrade technology and merchant incentive policies, and will also bring new service upgrades to new retail.

　　According to official data, since Alipay announced the large-scale commercialization of face-scanning payment, it has been implemented in more than 300 cities across the country in less than a year. In the Internet of Things industry, the upstream and downstream industrial chains related to face-scanning payment have generated R&D, production, installation and commissioning personnel, and the scale is still expanding.

　　According to statistics, the average annual salary of installers of Alipay face-scanning equipment and unmanned containers reaches 150,000-200,000 yuan. As the Alibaba platform effect continues to expand, it has driven upstream and downstream industries to pay 258.1 billion yuan in taxes and create 40.82 million job opportunities. (E-commerce News)

　　9. Gome Chairman Dong Xiaohong takes over as legal representatives of many Gome companies

　　Tianyan Check data shows that from February 7 to the present, many Gome-based companies have undergone legal representative changes, including 13 companies including Beijing Gome Online E-Commerce Co., Ltd. and Shenzhen Gome Anxun Technology Co., Ltd., and the legal representatives have been changed from Chen Ping to Dong Xiaohong, the legal representative and chairman of Gome Electrical Appliance Co., Ltd. (Tencent Technology)

　　Cross-border e-commerce

　　10. The stock price of Jumia, the largest e-commerce company in Africa, soared 74.72% on the first day of listing

　　On April 13, Jumia, the largest e-commerce platform in Africa, was listed on the New York Stock Exchange on Friday under the code JMIA, with the opening price of US$18.95 and closing at US$25.34, a surge of 74.72% from the issue price, with a market value of US$1.934 billion. (E-commerce News)

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