#Laogao E-commerce Newsletter #June 6 E-commerce Evening News

　　#Laogao E-commerce News# [E-commerce Evening News on June 6] Alibaba's latest equity structure: Jack Ma's shareholding fell to 6.2%, JD 618 consumption data: transaction volume in low-tier cities increased by 108%, mobile Tmall return package freight insurance: refunds cannot be refunded, Alibaba announced the list of 38 partners: Tmall Taobao president Jiang Fan entered for the first time, Amazon executives: robots will not rob people of work, but instead increase workers' wages and benefits, Li Yanhong and Wang Chuanfu were not selected as academician of the Chinese Academy of Engineering for the second round of evaluation, Alibaba Wang Jian shortlisted...

　　E-commerce newsletter

　　1. Alibaba's latest equity structure: Jack Ma's shareholding fell to 6.2%

　　Alibaba's annual report on fiscal year 2019 ended March 31, 2019 showed that Jack Ma's shareholding ratio dropped from 6.4% last year to 6.2%. Still Alibaba's largest individual shareholder. Alibaba Vice Chairman Cai Chongxin's shareholding ratio also fell from 2.3% last year to 2.2%. SoftBank is still Alibaba's largest shareholder, holding 25.9% of Alibaba's shares; Altaba is Alibaba's second largest shareholder, with a shareholding ratio of 9.4%. (Wall Street News)

　　2. Alibaba announced the list of 38 partners: Tmall Taobao President Jiang Fan entered for the first time

　　Alibaba recently submitted its annual report to the US SEC. In this annual report, Alibaba announced the list of 38 partners for the first time, among which Tmall and Taobao President Jiang Fan were included in the list. Alibaba also added partners in 2017, namely Hu Xi, a researcher at the data business group of Ant Financial, Wu Zeming, a researcher at the product technology department of Tmall Business Department, Wen Jia, a researcher at the board office of Alibaba Group, and Zeng Songbai, a senior vice president of the human resources department of Ant Financial. (Thunder Emperor touches the Internet)

　　3. Business changes in the business district one-card platform "Dorabao": JD becomes the only shareholder

　　According to the news on June 6, Tianyan Check data showed that on June 3, Doraebao (Beijing) Technology Co., Ltd. underwent a number of industrial and commercial changes, and Ju Yanling resigned as the legal representative and was taken over by Zhang Yun. All the original eight shareholders withdrew, and JD.com's subsidiary JD.com became the only shareholder, holding 100% of the shares. The company was established in 2011 with a registered capital of 30.0280.07 million yuan. Doraebao is the pioneer of the O2O model of the business district and is committed to building the best Shishang Life Business District One-card platform in China. (E-commerce News)

　　4. JD.com 618 consumption data: transaction volume in low-tier cities increased by 108%

　　According to June 6, JD.com recently released this year's JD.com 618 consumption data report. The data showed that throughout June 1, the amount of orders placed in fourth-tier and below cities increased by 108% year-on-year. In addition, this year, JD.com also extended life services such as car maintenance, tooth filling, medical treatment, baby milk, and decoration during the 618 period. 【Yibang Power News】

　　5. Mobile Tmall return package shipping insurance: no refund can be paid without return

　　According to June 6, in order to ensure the convenience of consumers' shopping and back-end services, Tmall plans to add the "Instructions on "Return Package and Freight Insurance" for Mobile Tmall", which will officially take effect on June 11, 2019. 【Yibang Power News】

　　Internet news

　　6. Li Yanhong and Wang Chuanfu were not selected as a member of the Chinese Academy of Engineering for the second round of additional evaluation, and Alibaba Wang Jian was shortlisted

　　The official website of the Chinese Academy of Engineering released a news today that the first round of review of academicians' additional elections in 2019 has ended. After reviewing materials, professional group review, academic department review and voting, 222 candidates have been generated to enter the second round of review. Baidu founder Li Yanhong, BYD chairman Wang Chuanfu, and Baidu senior vice president Wang Haifeng, all failed to enter the second round of review. However, Wang Jian, chairman of Alibaba Group's technical committee, entered the second round. (Penguin)

　　7. Xiaohongshu's internal letter: monthly active users exceed 85 million

　　June 6th marks the sixth anniversary of the founding of Xiaohongshu. Founders Qu Fang and Mao Wenchao sent an internal letter from employees entitled "Six Years of Xiaohongshu, Witnessing the Changes in Lifestyle Together". The letter stated that the monthly active users of Xiaohongshu (MAU) has exceeded 85 million, and community content has been further diversified. In the past year, UGC content such as digital, home, and weddings has increased by more than 10 times. (36Kr)

　　8. The WeChat mini game "Intangible Cultural Heritage Open Class" is officially launched

　　June 8 is China's "Cultural and Natural Heritage Day". With the broadcast of CCTV's special program "Intangible Cultural Heritage Open Class" (CCTV1, premiered at 20:06 on the 7th), the "Intangible Cultural Heritage Open Class" WeChat mini game is also officially launched. Audiences can follow the program to participate in the mini-game interaction with the program using WeChat. According to the content of the program, the "Intangible Cultural Heritage Open Class" mini game divides the game plot into four major chapters, telling the story of "Intangible Cultural Heritage" through exploration and puzzles. (36Kr)

　　9. Tencent’s large-scale travel business is divested into an independent secondary department

　　The latest news shows that Tencent has issued an internal document to divest most of the businesses related to large travel to an independent department. The department head is Zhong Xuedan, the former vice president of Tencent Automobile Federation. The department is affiliated to the newly established Cloud and Smart Industry Business Group (CSIG) in November 2018. In terms of organizational structure, the new travel business department has not reached the business group system of Tencent's first-level department, which is different from the organizational structure of the first-level department established by Huawei on May 29, the Smart Car Solution BU. (Che Zhi)

　　Cross-border newsletter

　　10. Amazon executive: Robots will not rob people to work, but will increase workers' wages and benefits

　　Jeff Wilke, CEO of Amazon's global consumer division, said that Amazon uses robots and artificial intelligence technology to make work in warehouses safer and more efficient, and to free people from doing what they are best at, that is creativity and using wisdom. He said that in Amazon's warehousing center, robots can transport goods to workers, who just need to stay in place to complete the sorting work. "These small robots make jobs safer and more efficient, which allows us to pay workers higher wages," Jeff Wilke said.

 Click to register to apply to join the well-known domestic e-commerce network - Laogao E-commerce Club. Any merchants from all over the country, Tmall merchants, Taobao Crown Store, Jinguan Store, and other e-commerce platform merchants can apply to join!

,