#Laogao E-commerce Newsletter# [May 14 E-commerce Morning News] #Moments posted on the violation of English check-in# Fluent Reading and Mint Reading were named; Ant Financial Jing Xiandong: The number of merchants connected to Alipay has exceeded 300,000 on a daily basis; the number of consumers who purchased electric toothbrushes on Taobao and Tmall has increased by 175%; the global factory store orders in NetEase Koala Double Products Festival increased by 173% month-on-month; the retail sales of China's home appliance market in Q1 was 183.4 billion yuan, a year-on-year decrease of 3.1%...
E-commerce newsletter
1. #手机手机手机手机手机手机手机手机手机手机手机手机手机手机手机手机手机手机手机手机手
On May 13, the WeChat Security Center issued an "Announcement on the Handling of Inducement and Sharing of Moments" on the Moments. The announcement shows that WeChat explicitly prohibits the use of WeChat product functions to induce sharing behavior. Recently, some public accounts and app software have used methods such as rebate tuition fees and physical goods to induce WeChat users to share their links (including QR code pictures, etc.) to check in to the Moments circle, which seriously affects the user experience of Moments circle and violates the "WeChat External Link Content Management Specifications". (Mobile China)
2. Ant Financial Jing Xiandong: The number of merchants Alipay has been connected to has exceeded 300,000 on a daily basis
On May 13, Ant Financial Services Group (Ant Financial) Chairman and CEO Jing Xiandong said when attending a forum in Tokyo that the number of merchants Alipay has connected to in Japan has exceeded 300,000. According to statistics provided by Alipay, during the May Day holiday just passed, Japan's Alipay transaction number ranked fourth in the world, nearly tied with South Korea, which is ranked third. The per capita Alipay transaction amount increased by 25% compared with the same period last year, making it one of the best performing markets in the world. (E-commerce News)
3. NetEase Koala Double Products Festival global factory store orders increased by 173% month-on-month
5月13日消息，网易考拉公布双品网购节战报。通过相关促销活动，全平台主要类目销量增幅显著。据初步统计，母婴、保健、美妆、数码、轻奢、手表配饰等多个核心品类增幅超过100%，销售额相较于平日均有大幅增长。网易考拉全球工厂店销售额及订单量销售额环比增长185%，订单量环比增长173%。（新浪财经）
4. The number of consumers who buy electric toothbrushes on Taobao and Tmall has increased by 175%
According to reports on May 13, data showed that from January to April 2019, the number of consumers who purchased electric toothbrushes on Taobao and Tmall increased by 175% compared with the same period last year, of which the number of consumers from third- and fourth-tier cities increased by 228%. Alibaba said that on Taobao and Tmall, electric toothbrush consumption shows a clear trend of younger and more than 60% of consumers in the 1990s, becoming the main consumer force; consumers in third- and fourth-tier cities account for 44%, showing the demand for high-end personal care products in the sinking market. (Phoenix Technology)
5. The retail sales of China's home appliance market in Q1 were 183.4 billion yuan, a year-on-year decrease of 3.1%.
On May 13, the "2019 China Home Appliance Industry First Quarter Report" jointly released by the China Home Appliance Research Institute and the National Electrical Appliance Industry Information Center showed that in the first quarter, the retail sales of China's home appliance market reached 183.4 billion yuan, a year-on-year decrease of 3.1%. Among traditional categories, most products showed a downward trend. On the main track of traditional home appliances, product homogeneity is serious. (Beijing Business Daily)
Internet Information
6. Tencent Music Entertainment Group announces management adjustment: Xie Guomin resigns as co-president
Tencent Music Entertainment Group announced that Xie Guomin resigned as director, co-president and all other administrative positions of Tencent Music Entertainment Group for personal reasons, effective from June 6, 2019. In addition, Tencent Music appoints Xie Zhenyu, the company's director and group co-president, to serve as the group's CTO and report to CEO Peng Jiaxin. At the same time, the group vice president Chen Linlin was appointed as the head of Kugou's business line, and the group vice president Shi Meixue was appointed as the head of Kuwo's business line. Both of them reported to Peng Jiaxin. (Tencent Technology)
7. Xiaomi refutes the rumors again: Xiaomi brand will be held accountable if it does not make electronic cigarettes
On May 13, it was reported that Xiaomi's ecological chain company Beijing Konjac Technology is planning to launch an e-cigarette brand, and the company's founder is Zhong Yufei, a 25-year-old employee of Xiaomi's TOP. Xiaomi denied this on Weibo.
Xiaomi's official Weibo @Xiaomi Company spokesperson said, "Reiterate that Xiaomi will not make e-cigarettes. We reserve the right to pursue legal responsibilities of relevant organizations, institutions and individuals for suspected impersonation of Xiaomi's brand and misleading consumers." (TechWeb)
8. Momo's user updates will be resumed on June 11
On May 11, Beijing time, Momo Company recently issued another announcement, stating that under the guidance and notice of relevant government departments, they will take measures to conduct self-examination of the content on Momo. In addition to self-inspection, they will temporarily close the user's ability to publish news from May 11, 2019 to June 11, 2019. (Zhongguancun Online)
9. Tencent’s latest equity exposure: Ma Huateng holds 8.6% of the shares, worth nearly US$40 billion
According to reports on May 13, Tencent recently submitted its annual report to the Hong Kong Stock Exchange. The annual report shows that as of December 31, 2018, Tencent founder and CEO Ma Huateng held 8.61% of the shares, making it the second largest shareholder; based on Tencent's current market value of US$463.4 billion, Ma Huateng's equity value is nearly US$40 billion. (E-commerce News)
Cross-border e-commerce
10. Amazon encourages employees to leave and start express startups to provide up to $10,000 in funding
On May 14, Amazon said on Monday that if employees want to leave their jobs and start a express delivery startup, they will provide up to $10,000 in funding.
Amazon has been pushing for efforts, hoping that employees who are unwilling to stay in the company will not force them to stay. CEO Jeff Bezos mentioned the "resignation gift package" project in a shareholder letter five years ago, and this move is a further extension of the project.
An Amazon spokesperson said last year, "We hope that those who work at Amazon want to be here."
In addition, the project will also provide Amazon with more express delivery options. Last year, the company launched a courier service partner project, aiming to find external companies to deliver couriers to users as Amazon Prime.
Amazon said on Monday that "Since the courier service partner program went live in June last year, Amazon has pushed for the generation of more than 200 emerging small businesses, hiring thousands of local low-level companies to deliver packages to Amazon users. This year, hundreds of small businesses will join the project." (Crowdfunding Home)
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