#Laogao E-commerce Newsletter #May 5 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [May 5 E-commerce Morning News] Xu Yan, vice president of finance at Pinduoduo, resigns, and his team temporarily reports to CEO Huang Zheng; Yunji IPO Xiao Shangluo: As much hardships as entrepreneurs are, there will be as many noble people to help; Alibaba wants to split the "big middle-end" model? Response: Fake; Yu Lianbing, chairman of Yousu Express, died unexpectedly, Mo Haoqiang took over as president; State Post Bureau: Last year, express contribution rate to new domestic employment exceeded 2%...

　　E-commerce newsletter

　　1. Xu Yan, vice president of finance at Pinduoduo, resigns, and his team temporarily reports to CEO Huang Zheng

　　According to reports on May 4, Pinduoduo recently submitted documents to the US SEC. The documents show that Pinduoduo Vice President of Finance Xu Yan resigned for personal reasons, which is less than a year since Xu Yan joined. According to Pinduoduo, the financial team under Xu Yan's original jurisdiction temporarily reported to Pinduoduo CEO Huang Zheng. At present, Xu Yan's successor has not been confirmed yet. Pinduoduo also submitted its 2018 annual report to the SEC recently. The annual report shows that as of March 31, 2019, Huang Zheng held 44.6% of the equity and 89% of the voting rights, making him the largest shareholder of Pinduoduo. (E-commerce News)

　　2. Yunji IPO Xiao Shangluo: As much hardships as there are, there will be as many noble people to help you

　　On May 4, Yunji successfully landed on the Nasdaq in the United States and listed on the listing. Founder and CEO Xiao Shangluo said, "My entrepreneurial process is closely linked to Hangzhou, a hot land for innovation and entrepreneurship." Yunji founder and CEO Xiao Shangluo said in Hangzhou, "The most important moment must be shared with the most important people, so we specially placed the main venue in Hangzhou and by the West Lake."

　　"Twenty years ago, I came to Hangzhou from Tongling, Anhui to work hard. From founding "Xiaoye Perfume" in 2003 to founding Yunji in 2015, my entrepreneurial journey is just an ordinary story for ordinary people."

　　Xiao Shangluo said that fortunately, on the road of entrepreneurship, you will get help from noble people if you encounter many difficulties and difficulties. More importantly, it coincides with the golden age of e-commerce, which resonates with the Internet wave and the rise of the digital economy in Hangzhou, allowing Yunji to grow rapidly and ride the wind and waves. (Sina Technology)

　　3. State Post Bureau: Last year, express delivery contributed more than 2% to new domestic employment.

　　According to the afternoon of May 4, the 2018 China Express Development Index report released by the State Post Bureau showed that in 2018, the number of new express delivery jobs exceeded 200,000, and the contribution rate to new domestic employment exceeded 2%. This year, the per capita express delivery usage was 36 pieces, and the express delivery companies served an average of 280 million people per day, which is equivalent to 1 out of 5 people using express delivery services every day. (Zhongan Online)

　　4. Yu Lianbing, chairman of Yousu Express, died unexpectedly. Mo Haoqiang took over as president

　　According to the morning news on May 4, yesterday evening, Yousu Logistics Co., Ltd. issued an internal announcement stating that Mr. Yu Lianbing, chairman and president of Yousu Express, died in an accident. After discussion and decision by the company's board of directors, Usu currently appoints Mo Haoqiang, chairman of Hong Kong Usu, as Usu president. It is understood that Mo Haoqiang is one of the founders of Yousu and was previously mainly responsible for Yousu's business in Hong Kong.

　　The announcement stated that after this accident occurred, the company's main management team responded quickly and properly handled it. At present, Yousu's operation order is normal, the network status is stable, and the progress of various tasks and tasks has not been affected at all. (Sohu.com)

　　5. Qudian will release its first quarter financial report for 2019 on May 20

　　On May 2, Qudian recently announced that it will release its first quarter 2019 financial report as of March 31 before the opening of the US stock market on May 20 (evening on May 20 Beijing time). After the financial report is released, the Qudian management team will hold a financial report conference call at 7 a.m. Eastern Time on May 20 (7 p.m. Beijing time on May 20). (Sina Finance)

　　Internet Information

　　6. Huawei surpasses Apple to become the second largest mobile phone manufacturer

　　According to the report on May 5, according to market research company IDC, Huawei's shipments in the first quarter increased by 50% year-on-year, becoming the only company among the top four mobile phone manufacturers that has continued to grow for six consecutive quarters while the overall market shrinks, and surpassed Apple to become the world's second largest mobile phone manufacturer. (E-commerce News)

　　7. Will Alibaba split the "big middle-end" model? Response: Fake

　　Alibaba is splitting the "big middle-end" model. In response, Alibaba responded: The news was untrue. The architecture of this model originated from a business visit by Jack Ma in mid-2015. At that time, Jack Ma led an executive to inspect a game company called Supercell in Nordic. The company was claimed to be the most successful mobile game company in the world at that time. It developed games in a small team mode of 2 to 5 people and no more than 7 people, and continued to try and make mistakes, creating multiple popular games. (Sina Technology)

　　8. Buffett: China's investment opportunities have been considered, but will not disclose which companies it is

　　On May 4, before Berkshire Hathaway shareholders' meeting, Buffett replied when asked about Chinese investment, "We are already considering China's investment opportunities, but I won't tell you which companies will be invested in." At the Berkshire Hathaway shareholders' meeting in 2018, Buffett and his partner Charlie Munger said that many American investors missed China's opportunities. Buffett also revealed his stock selection criteria in the Chinese market: only companies with a return on equity that is not less than 20% and can grow stably can enter their research scope. (E-commerce News)

　　9. Toilet MT name change "Haoji": Positioning interactive content e-commerce

　　According to Lieyun.com, Yunge Intelligent's toilet MT has been updated, the name has been officially changed to "Haoji", and its positioning has been transformed into an interactive content e-commerce platform. According to the official introduction, Good Meal: Good Things and Good Life is a new generation of interactive content e-commerce platform, founded by Wang Xin, the founder of Yunge Artificial Intelligence. (36Kr)

　　Cross-border e-commerce

　　10. Amazon's "one-day delivery" service spent $800 million is questioned

　　According to May 3, Amazon recently announced that it would change its Prime next-day delivery to one-day delivery to improve delivery services and plans to invest $800 million in this transformation. According to Forbes, Amazon shipped more than 5 billion items in 2017. By 2022, it is expected that the US will have more than 56 million Prime users and more than 122 million globally.

　　Many Amazon users posted their views on social media about the change. A Twitter user shared an interesting video clip claiming it was what Amazon delivery trucks look like on the delivery road. In the video, when the delivery time is changed from two days to one day, the truck is driving at high speed while turning rapidly on the road and flying into the air.

　　Some Amazon users agreed on Twitter for the company's change, as they believe that one-day delivery will "change their lives." Another part of Twitter users found that one-day delivery was a bit incredible because in their previous shopping, Amazon rarely really implemented the next-day delivery to the end and could not always guarantee delivery to the door within the specified time. (E-commerce News)

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