#Laogao E-commerce Newsletter #June 11 E-commerce Evening News

　　#Laogao E-commerce News# [E-commerce Evening News on June 11] JD.com: The number of orders placed in the national group purchase day exceeded 1 million in 15 minutes; Pinduoduo: Poverty alleviation projects are being attacked by online public opinion gangs; Suning Home Appliance Daily War Report's fan sales increased by 184.6% year-on-year; BrandZ's top 100 most valuable brands in the world in 2019 was announced: Amazon is the first, Alibaba and Tencent's top ten; Indian social e-commerce "GlowRoad" received US$11.5 million in B+ round financing...

　　E-commerce newsletter

　　1. JD.com: The number of orders placed in 15 minutes on the national joint purchase day exceeded 1 million

　　On June 11, JD.com announced that on the eve of 618, the National Purchase Day started in just 15 minutes, and the number of orders placed by JD.com exceeded 1 million; after the event, JD.com's orders placed by nearly 45 times year-on-year compared with the same period last year, with a total of 26.2 million items sold. On the same day, JD.com released the "factory direct premium product" plan, which will build an efficient retail system between more than 100,000 manufacturing enterprises and domestic consumers across the country. (E-commerce News)

　　2. Pinduoduo: Poverty alleviation projects are being attacked by gangs involved in online public opinion

　　Pinduoduo vice president and spokesperson Jing Ran said that Pinduoduo is being continuously attacked by organized gangs on the Internet. "We are busy helping poverty in open places. Some people have been following the three provinces (regions) and are busy secretly spreading rumors." Jing Ran said that his behavior is characterized by using various means to "post" false "articles" criticizing Pinduoduo without signatures and sources of trust on formal websites, and then use these formal sources to forward them to other websites and two micro-joke mobile phone accounts in a wave, and continue to crack down on Pinduoduo's reputation. (36Kr)

　　3. It is rumored that NetEase Cloud Music will merge with Xiami. Alibaba: Will not give up the music track

　　Some articles said that NetEase Cloud Music and Xiami Music are about to merge. Xiami said that it would not comment on the rumors and said that Alibaba Entertainment will not give up on the music track. Previously, it was reported that after Tencent Music Entertainment Group went public, the merger of Xiami Music and NetEase Cloud Music was put on the negotiating table for the second time. People in the music investment circle said that the price may be at the level of tens of millions of yuan. "I have discussed two rounds, and the specific needs to be promoted." (Sina Technology)

　　4. Suning Home Appliances Daily Report Fan Sales increased by 184.6% year-on-year

　　On June 11, Suning released the latest sales data of 618 home appliances. Suning Big Data shows that at 1:17 on June 10, Midea's omni-channel sales exceeded the full day of the same period last year, and Haier and Gree's omni-channel sales exceeded the full day last year at 2:49 and 3:14 respectively.

　　On Suning Wukong List, the fierce battle in the home appliance sector is in full swing. As of 18:00 on June 10, Skyworth dominated the top TV sales list, Haier ranked first in refrigerator sales list, and Midea also won the sales championship of air conditioners, washing machines and household appliances.

　　In terms of category performance, coolness and new words are used as keywords. According to Suning Big Data, as of 22:00 on the same day, the sales of healthy air conditioners with self-cleaning, windless and fresh air functions increased by 6 times year-on-year, of which Northeast China increased by 6.4 times year-on-year, and the sales of refrigerators/freezers omni-channel increased by 86.3% year-on-year. Haier, Midea and Rongsheng ranked in the top 3 brand sales list. (Yibang Power Network)

　　5. Suning and Unicom reach strategic cooperation in the 5G field

　　On June 11, Suning and Unicom announced that they have reached a strategic cooperation in the 5G field and established a 5G smart retail laboratory. The two parties will conduct comprehensive cooperation in strengthening Suning's full-scene advantages, data precision services, C2M and smart terminal products research and development. At the same time, the two parties will jointly create a smart 5G store, which will provide consumers with a comprehensive experience upgrade. (Securities Times)

　　Internet news

　　6. Tencent Video Editor-in-Chief Wang Juan: The current number of members on the platform is close to 100 million

　　Tencent Video Editor-in-Chief Wang Juan said that the current number of members on the platform is close to over 100 million. Data released on the spot showed that Tencent Video's core cities (first-tier & new first-tier) accounted for more than 25%, and post-90s accounted for more than 70%. The average daily number of people covered by the entire platform exceeded 200 million, and the average daily viewing time of the entire platform exceeded 100 minutes. (36Kr)

　　7. BrandZ's top 100 most valuable brands in the world in 2019 announced: Amazon is the number one, Alibaba and Tencent are the top ten

　　The ranking of "2019 BrandZ Top 100 Global Brand Values" released by WPP and Kantar shows that Amazon replaced Google as the most valuable brand in the world in 2019, with Apple, Google, Microsoft, Visa, Facebook, Alibaba, Tencent, McDonald's, and AT&T ranking 2 to 10. (Zhongguancun Online)

　　8. Didi publicly announces the "Regulations on the Management of Loss of Online Car-hailing Items (Trial)" for soliciting opinions

　　Didi Chuxing today announced the draft for soliciting opinions on the "Measures for the Management of Loss of Online Car-hailing Items (Trial)" and solicited opinions and suggestions from the public on the draft for soliciting opinions. The draft for soliciting opinions for this announcement was jointly formulated by Didi Customer Service Lost Items and the Platform Governance Department. It is suitable for express, special cars and luxury car services provided by Didi Chuxing. In response to the "difficulty in finding things" encountered by the platform, the platform customer service assistance process, the classification of lost items, and the rights and obligations of passengers and drivers, corresponding regulations have been made on the handling of items lost on Didi online car-hailing. (Tencent First-line)

　　9. Indian social e-commerce "GlowRoad" receives US$11.5 million in B+ round financing

　　On June 11, Indian social e-commerce "GlowRoad" received a US$11.5 million B+ round financing. The investors are South Korean Investment Partners (KIP, also an investor in Didi Chuxing) and Singapore Vertex Ventures, and the funds will be used for recruitment and business growth. "GlowRoad" was established in June 2017 to provide a trading platform for B-side suppliers and sellers. (E-commerce News)

　　Cross-border newsletter

　　10. Amazon opens the second unmanned convenience store in New York, the 13th in the United States

　　Amazon's second unmanned convenience store in New York opened Tuesday, just a month after its first. This is also the 13th unmanned convenience store opened by Amazon in the United States. Amazon declined to say how many unmanned convenience stores it plans to open in New York, but it was reported that the company plans to open up to 3,000 such stores across the United States by 2021, competing with CVS, Walgreens and 7-11. (Sina Finance)

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