#Laogao E-commerce Newsletter #May 17 E-commerce Evening News

　　#Laogao E-commerce Newsletter# [May 17 E-commerce Evening News Brief] Pinduoduo will launch the "66 Car Buying Festival" to launch a complete vehicle sales business for the first time; Alibaba responded to the establishment of the "Economic Development Executive Committee": Not commented; Nearly 800 supermarkets across the country are connected to Taoxianda; Huawei industry chain personnel: Huawei's inventory is ready for at least one year; Amazon confirmed to lead the investment in the new round of financing of British takeaway company Deliveroo...

　　E-commerce newsletter

　　1. Pinduoduo will launch the "66 Car Purchase Festival" to launch the vehicle sales business for the first time

　　At midnight on May 19, the Pinduoduo platform will officially launch the "66 Car Purchase Festival", launching the vehicle sales business for the first time, subsidizing consumers to "grab Wuling Hongguang for 34,900 yuan." This event was initiated by Pinduoduo, and the platform will targeted subsidies to consumers 200 Wuling Hongguang 2018 1.5LS standard models. The official guide price of this model is 52,800 yuan. The top 10 consumers who successfully paid 999 yuan in intention to participate in the Pinduoduo platform flash sale event will receive the highest subsidy of nearly 20,000 yuan per vehicle, and the last 190 consumers will also receive large discounts. (36Kr)

　　2. JD Logistics conducts the first urban-level commercial scenario verification in Xiamen for co-distribution logistics in the country

　　Recently, JD Logistics cooperated with Xiamen Bus Group and China Information Technology Group to conduct the first urban-level commercial scenario verification in the country for co-distribution logistics. The entire scenario covers 5G network in full. The distribution robot developed by JD Logistics X business unit has completed the test of the package delivery work from the intelligent distribution station of the bus hub station to the delivery target area and vehicle-road collaboration scenarios. In the future, the three parties will use public resources such as bus stations and BRT roads, as well as 5G network resources to create an intelligent logistics system that integrates passengers and freight, integrates stations and cities, and integrates three networks. (36Kr)

　　3. Alibaba responded to the establishment of the "Economic Development Executive Committee": No comment

　　According to the report of "Finance", Alibaba has recently adopted a "partner + committee"-style governance structure - the partners are headed by Jack Ma and Chongxin Cai, with a total of 37. The Executive Committee of Economic Development is headed by Alibaba Group CEO Zhang Yong and Ant Financial Chairman and CEO Jing Xiandong as its deputy, with a total of 13 people. Alibaba responded: No comment. (36Kr)

　　4. Daily Youxian Wangjun: The forward warehouse is the main business model that promotes the onlineization of fresh food.

　　Wang Jun, partner and CFO of MissFresh, said that the online fresh food market has huge growth potential and may become a track with a penetration rate of 20% and a scale of over one trillion yuan in the next 5-7 years, and forward warehouses will be the main business format to promote the onlineization of fresh food. Wang Jun also revealed that MissFresh will comprehensively upgrade its forward warehouse in the future to deepen and thoroughly implement this logistics infrastructure. In addition, the company will continue to expand product replenishment, allowing the forward warehouse to carry more categories and services. (Tencent First-line)

　　5. Nearly 800 supermarkets across the country are connected to Taoxianda

　　Data shows that the number of supermarkets and stores connected to Taoxianda has reached nearly 800, covering nearly 200 cities across the country. In addition to the RT-Mart and Auchan, which have connected all stores to Taoxianda last year, local traditional supermarkets such as Xinhuadu, Wenzhou Renben, Ningbo Sanjiang, Wuhan Zhongbai and other local markets have also connected stores in their key cities to Taoxianda for digital transformation. After the offline supermarket store is connected to Taoxianda, consumers within 3 kilometers of the store can search for "Taoxianda" on Taobao on their mobile phones and place an order to buy fresh food and daily necessities, and deliver it within 1 hour. (36Kr)

　　Internet news

　　6. Huawei industry chain personnel: Huawei inventory preparation is at least enough for a year

　　A person in charge of Huawei operator BG said, "More than ten years ago, IBM proposed business continuity management within Huawei to prevent today's situation. There are some alternative plans within the company. Although performance may not be comparable to the original plan in the short term, there is no problem maintaining business continuity." An industry chain person said, "From Huawei's layout last year, the relevant situation has been expected, and a large amount of inventory preparations have been made in some key chip fields." In the next year, Huawei has left itself a buffer period. (First Financial Daily)

　　7. Jia Yueting responded to LeTV's 10 billion repurchase responsibility: he has not signed the letter, he has only heard of WeChat reports

　　Recently, the Beijing Arbitration Commission ruled that LeTV needs to pay LeTV Sports shareholder Qianhai Situo, with the maximum repurchase amount involved in more than 11 billion yuan. In response, Jia Yueting responded: He was on a business trip when signing the contract, did not understand the details, and did not sign the agreement in person. The relevant person in charge of the LeTV Holdings Debt Handling Group said, "At that time, the repurchase agreement did not go through any legal procedures such as LeTV company process approval, board resolution, shareholders' meeting resolution, chairman's signature confirmation, and LeTV announcement. At that time, LeTV Chairman Jia Yueting was not aware of the details of this matter, and did not sign the relevant agreement in person." (The Paper)

　　8. Xiaomi Finance welcomes the new CRO, former Gome Consumer Finance CRO Cao Qiang will take over

　　Former Gome Consumer Finance CRO (Chief Risk Officer) Cao Qiang will join Xiaomi Finance and serve as Xiaomi Finance CRO. Currently, Gome Consumer Finance CRO is vacant, and related matters are managed by President Chen Wei. As of press time, Xiaomi Finance has not yet responded. (Xinliu Finance)

　　9. Tencent QQ and Huawei EMUI have established a joint laboratory to cooperate in social, AR and other fields

　　The joint laboratory of Tencent QQ and Huawei EMUI was officially established in Shenzhen. In this joint laboratory project, Tencent QQ and Huawei EMUI will carry out in-depth technical cooperation in social, AR, payment, IoT, etc. In the future, Huawei EMUI·Tencent QQ Innovation Joint Laboratory will also carry out in-depth cooperation on scenarios such as daily photo editing and Tencent Documentation. (Tencent Technology)

　　Cross-border newsletter

　　10. Amazon confirms leading investment in Deliveroo's new round of financing

　　Amazon is leading a new round of $575 million in Deliveroo's financing, with other investors including existing investors T. Rowe Price, Greenoaks and Fidelity Management. After this round of financing, Deliveroo's total financing amount can reach US$1.53 billion. (Sina Technology)

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