#Laogao E-commerce Newsletter #May 15th E-commerce Evening News

　　#Laogao E-commerce News# [E-commerce Evening News on May 15] Juhuasuantao rushes to buy the lowest price on the entire network; Xiaohongshu Qu Fang talks about commercialization: the future is never a simple commission; the number of merchants connected to Alipay in Japan has exceeded 300,000; Wanda Department Store is officially renamed "Suning.com Plaza", and its first renovated store will be unveiled at the end of May; Honda confirmed that it will close its UK factory and will lay off 3,500 jobs...

　　E-commerce newsletter

　　1. Juhuasuantao rushes to buy the lowest price on the entire network

　　According to May 15, Juhuasuan/Tao Buy, which is the two major event traffic gathering places for Taobao, has issued new regulations. "The price of commodity activity is the lowest in the entire network" will become a reference for merchants to participate in the event.

　　It is reported that Tmall waiter issued a notice in the merchant group saying that due to the new positioning of Juhuasuan/Tao Shopping Platform, it will further increase resource investment, and at the same time, sellers need to cooperate to jointly create a consumer price mindset. In order to avoid the misunderstanding that consumers or the public cannot enjoy real concessions, one of the reasonable expectations and evaluation reference factors for sellers to participate in Juhuasuan/Tao Shopping Platform is that the price of the product is the lowest on the entire network. (Yibang Power)

　　2. Xiaohongshu Qu Fang talks about commercialization: The future is definitely not a simple subscription

　　Qu Fang, founder of Xiaohongshu, said in the live broadcast online that the commercialization of Xiaohongshu has only begun to be explored this year. The future model must not be a simple commission or commission. "How to help merchants find links with consumers is the direction of inner commercialization." Qu Fang said that Xiaohongshu's platform now does not take commissions because it is self-reported. "The cost of the company's investment is technology and manpower, and we can afford this cost." However, MCN institutions and bloggers have commissions, which involves services. (Sina Technology)

　　3. The number of merchants connected to Alipay in Japan has exceeded 300,000

　　On May 15, Ant Financial Chairman and CEO Kento Ii announced in Tokyo, Japan that the number of merchants Alipay has connected to in Japan has exceeded 300,000. During the May 1st Golden Week just passed, Alipay statistics showed that Japan ranked fourth in the global transaction number, almost tied with South Korea, which had nearly tied with third place. The per capita transaction amount increased by 25% compared with the same period last year, making it one of the best performing markets in the world. Judging from the number of transactions, the most popular types of merchants among Chinese tourists are convenience stores, airports and department stores, while the fastest growing consumer numbers are convenience stores and drug stores. (E-commerce News)

　　4. Reputation Ele.me will build a "digital street" in 200 cities

　　The Asian Food Festival officially opened today. As a strategic partner, Wang Lei, partner of Alibaba Group and president of Alibaba Local Life Services Company, announced that the full-link digital system of the catering industry led by Ele.me has taken shape. Wang Lei also emphasized that Ele.me will take the Asian Food Festival as an opportunity to build a digital street in 200 key cities across the country. "This is also our further promotion of the three 1 million digital goals at the beginning of the year." (36Kr)

　　5. Wanda Department Store is officially renamed "Suning.com Plaza", and its first renovated store will be unveiled at the end of May.

　　On May 15, at the 618th Mid-year Suning Market launch conference, Suning.com President Hou Enlong announced that 37 stores of Wanda Department Store will be officially renamed Suning.com Plaza and will be built into smart retail plazas. Together with the original 19 Suning.com Plazas and 16 Suning Plazas, Suning's square business formats have reached 72, officially building the largest self-operated smart retail plaza system in China. It is reported that the first renovated store will be unveiled at the end of May. (Europe)

　　Internet news

　　6. Didi set up a female driver alliance

　　Didi Chuxing East China Party Branch and Didi Shanghai Branch established the "Mulan Women's Alliance" driver service organization. This is another new measure for Didi's Shanghai online car-hailing driver organization construction after the "Red Flag Steering Wheel" driver mobile party branch and the "veteran fleet" of veterans. Taking driver organization and offline services as the starting point, further improve driver management, enhance driver cohesion, and create a special online car-hailing service brand. (Penguin)

　　7. Honda confirmed to close its UK factory and lay off 3,500 jobs

　　According to the British Daily Telegraph website, Japanese auto giant Honda has confirmed that it will close its factory in Swindon, England in 2021, and will lay off 3,500 jobs by then. Honda said that after consulting with several organizations and groups, including the government, the company has concluded that there is no "any viable alternative" and will immediately begin negotiations with employees for a severance treatment plan during the preparation period before the factory closure. BMW has expressed interest in taking over the Honda Swindon plant after it closes. (Refer to the website message)

　　8. Kai-Fu Lee will close the Silicon Valley headquarters of Innovation Works, and the supervisor has resigned a few months ago

　　According to foreign media, Kai-Fu Lee will close the headquarters of Innovation Works Silicon Valley. The headquarters was established in 2013 and director Chris Evdemon has left a few months ago. In November last year, Kai-Fu Lee said in an interview that 95% of the funds are currently invested in China, and this number will expand to "98% or 100%" in the future. He said the U.S. policy forced its companies to "find smart Chinese tech talent in the U.S. and then bring them back to China." (Sina Finance)

　　9. Hellobike plans to raise hundreds of millions of dollars, with the target valuation doubled to $4 billion

　　Hellobike is in talks with investors to seek financing of hundreds of millions of dollars, people familiar with the matter said. Hellobike hopes to receive a valuation of $4 billion in this round of financing, nearly double the valuation of $2.2 billion it received during the financing last year. Hellobike completed a round of 4 billion yuan in financing last year, led by Chunhua Capital and Ant Financial, with a post-investment valuation of about US$2.5 billion. (Phoenix Technology)

　　Cross-border newsletter

　　10. Walmart implements one-day delivery service for free shipping in some areas of the United States

　　On May 14, Walmart announced that the order amount is over $35, and users in some parts of the United States will enjoy a one-day delivery service with no shipping fee, and plans to cover 75% of the U.S. population this year. It is reported that this service of Walmart is suitable for 220,000 products, from laundry detergent, toys to electronic products, and can enjoy one-day delivery service. (Lianshang.com)

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