#Laogao E-commerce Newsletter #May 20 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on May 20] Pinduoduo: 34,900 yuan sold out 18 seconds after the start of the event to kill Wuling Hongguang; Yunda's express service business revenue in April was 2.549 billion yuan; Suning.com: Suning Store will receive US$450 million in capital increase; Lu Qi: Entrepreneurship is a historical trend Chinese entrepreneurs are ushering in the golden age; 54 domestic e-commerce listed companies account for 50%...

　　E-commerce newsletter

　　1. Pinduoduo: 34,900 seconds to kill Wuling Hongguang event starts and sells out 18 seconds after the start of

　　At midnight on May 19, the "34,900 Wuling Hongguang" event on Pinduoduo platform was launched. Since more than 220,000 people made reservations before the start of the rush, Pinduoduo decided to add a cash subsidy of 6 million yuan, increasing the lucky list of 34,900 seconds from 10 people to 400 people. 18 seconds after the start of the event, 400 Wuling Hongguangs were sold out. After the Pinduoduo platform continues to subsidize consumers to purchase 200 units for 49,900 yuan, it will restore the original price of 52,800 yuan. (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. Yunda's express service business revenue in April was 2.549 billion yuan

　　According to May 19, Yunda Holdings recently released a express report on the main operating indicators of express delivery services in April. Data shows that Yunda Express Service business revenue in April was 2.549 billion yuan, a year-on-year increase of 178.88%; business volume increased by 43.48% year-on-year; express service ticket revenue increased by 93.98% year-on-year. Yunda said that the company completed the growth of express delivery business volume in April, mainly due to favorable factors such as the continued prosperity of the e-commerce economy and the improvement of the company's service level. (E-commerce News)

　　4. Suning.com: Suning Store will receive US$450 million in capital increase

　　Suning.com recently issued an announcement stating that in order to maintain the stable development of Suning Xiaodian's business and promote the realization of Suning Xiaodian's future strategy, Suning Smart Life will increase its capital investment after negotiations with shareholders of Suning Smart Life. Suning Smart Life will issue another 450 million shares of common shares, and the three shareholders will invest US$450 million to subscribe. The subscription price of all shares will be used to pay the company the equity transfer price of Suning Xiaodian and the business operations and business development of Suning Xiaodian. (Europe)

　　5. Huawei's high-end TV plans to launch it in September

　　Relevant sources revealed that Huawei's high-end TVs are planned to be launched on the market in September. In the future, Huawei's high-end TVs will have 8K, high color gamut, artificial intelligence and other performance like Samsung. In addition, people familiar with the matter said that in the mid- and low-end markets, Huawei is seeking to cooperate with LCD panel manufacturers BOE and Huaxing Optoelectronics to jointly develop LCD TVs. According to the plan, Huawei originally launched a 55-inch LCD TV in May and a 65-inch LCD TV in August. However, a person who has been following the project said that Huawei's LCD TV project is unclear and the product's launch time should be postponed. (China Securities Network)

　　Internet Information

　　6. Cook's speech: "Our generation has failed in some ways"

　　On May 19, Apple's CEO just delivered a graduation speech to students at Tulane University in New Orleans and urged them to do better than their generation and to boldly achieve their goals. “In some important ways, my generation has failed,” he said. “We spent too much time in debate, we were always focused on fighting and not paying enough attention to progress.” Cook sees climate change as a problem for everyone. (E-commerce News)

　　7. Lu Qi: Entrepreneurship is a historical trend Chinese entrepreneurs are ushering in the golden age

　　On May 19th, Y Combinator China held an entrepreneurial meeting in Beijing on the 18th. Lu Qi, founder and CEO of YC China and dean of YC Global Research Institute, said that entrepreneurship is an inevitable and inevitable direction of the human process, and the market is the best platform for human beings to "invent" and can organically focus human pursuit of knowledge, technology and wealth. At the same time, Lu Qi believes that China has begun to change the global pattern of technology-driven innovation. For Chinese entrepreneurs, Lu Qi believes that in a sense, today is a golden age. (Sohu.com)

　　8. ByteDance's social product "Fly Chat" is officially launched

　　On the evening of May 19, a QR code picture with the words "Fly Chat" began to be spread on social media such as IM and WeChat. The product functions include "Voice/Video Call", "Discovery Group", "Publish Dynamics", etc. At present, the application can be downloaded by scanning the code to jump to the App Store. Regarding the launch of the new social product, ByteDance officially replied: Feicha is our exploration and attempt in the social field. It is an open social product, a collection of instant messaging software and hobby communities, dedicated to helping users discover their likes. (36Kr)

　　9. Qutoutiao focuses on women in third-tier and below cities to create a "safe to watch" big health platform

　　On May 18, Qutoutiao account and Ciming Physical Examination released the first "Women's Health Report in the Sinking Market", and Fu Xiaomin, the head of Qutoutiao's Big Health, disclosed Qutoutiao's internal data related to this issue. She believes that compared with first- and second-tier cities, women in third-tier and below cities have more prominently undertaken the task of "health disseminators" in their families and social groups. How to provide them with health information that can be "read with confidence" will become an important direction for Qutoutiao to build a big health content ecosystem. (Chuangyebang)

　　Cross-border e-commerce

　　10. 54 domestic e-commerce listed companies account for 50%

　　On May 18, recently, the E-Commerce Research Center, a well-known domestic e-commerce think tank under the Internet Economic and Social Security, released the "2018 China E-Commerce Listed Company Data Report". The report shows that as of May 5, 2019, there were 54 listed companies in China (including B2B e-commerce, B2C e-commerce, cross-border e-commerce, and life service e-commerce). Among them, there are 8 B2B e-commerce companies, 23 B2C e-commerce companies, 7 cross-border e-commerce companies, and 16 life service e-commerce companies. This includes five companies including Yunji, Ruhan, WeMall, New Oriental Online and Maoyan Entertainment, which will be listed this year. (E-commerce News)

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