#Laogao E-commerce Newsletter #June 12 E-commerce Evening News

　　#Laogao E-commerce News# [E-commerce Evening News Brief on June 12] Pinduoduo: The "618 Big Promotion" sold 6.7 billion yuan of fruit fresh products, an increase of 310% year-on-year; JD became the first electronic business license platform in the country; Apple officially participated in Tmall 618 for the first time, and the coupons can be reduced by up to 800 yuan; Walmart officially withdrew from Jinan, and only two stores remained in the Shandong market; European e-commerce turnover will reach 621 billion euros this year...

　　E-commerce newsletter

　　1. Pinduoduo: The "618 Big Sale" sold 6.7 billion yuan of fresh fruits and other products, an increase of 310% year-on-year

　　According to Pinduoduo data, as of 11 a.m. on June 12, the platform's "618 Big Promotion" has sold 6.7 billion yuan of agricultural (by-products) such as fresh fruits, food, etc., an increase of 310% over the same period last year. Data shows that in the first quarter of 2019, 44.2% of Pinduoduo's new users came from second-tier and above cities. During the 618 period, nearly 70% of the agricultural product orders on the Pinduoduo platform came from first- and second-tier cities. (36Kr)

　　2. JD.com becomes the first electronic business license platform in the country

　　JD.com announced that it has become the first application unit of the electronic business license licensing system, taking the lead in providing platform merchants with licensing services, providing a more convenient channel for merchants to implement the E-commerce Law smoothly. (Sina Technology)

　　3. Apple officially participates in Tmall 618 for the first time, and the coupon can be discounted by up to 800 yuan.

　　Apple officially participated in Tmall 618 for the first time. Currently, you can receive exclusive coupons ranging from 800 to 200 yuan in the Apple Store Tmall official flagship store, covering iPhone Xs/XR/Max, iPad mini, iPad Air, Mac, Apple Watch and other Apple products, suitable for June 16th to 18th. Relevant people revealed, "This time, Tmall 618 Apple invested a lot, and the scale of additional coupons is at the level of tens of millions of yuan each time." (Sina Finance)

　　4. Suning releases a number of strategic Biu+ new products, with the first batch of purchase orders reaching 500,000 units

　　On June 12, Suning held a Biu+ Ecological Conference. Zhu Xiaojie, general manager of the IoT Operation Center of the smart terminal company, hosted the release of six Biu+ new products, involving the ice-cleaning and air-washing and smart kitchen and bathroom products of many first-line brands such as Midea, Fontana, Whirlpool, AO Smith, and Wanjiale. The order signing ceremony was held with partners on the spot, with the total number of the first batch of orders reaching 500,000 units. (Qianlong.com)

　　5. WeMall’s “store traffic diversion” model: Accelerate the digital transformation of enterprises

　　On June 12, smart retail solutions under the smart business service provider WeMeng officially launched the "Store Traffic Diversion Model" to divert traffic to various stores through the mini-program mall, helping retail companies to create a new model for store acquisition traffic, and accelerating the transformation and upgrading of traditional retail companies to digitalization. (Yibang Power Network)

　　Internet news

　　6. Due to debt issues, ofo legal representative Chen Zhengjiang was restricted from leaving the country

　　On June 12, according to the public execution information of the Shanghai Higher People's Court website, because Dongxia Datong (Beijing) Management Consulting Co., Ltd. (ofo operating entity) fails to fulfill the obligations determined by legal documents, the court has restricted Chen Zhengjiang, the direct responsible person who affects the performance of the debt, from leaving the country in accordance with the law. According to the annual report of Shanghai Phoenix, in Q1 2019, Shanghai Phoenix received a total of 35.7462 million yuan in related funds paid by Dongxia Datong through multiple channels, but more than 46 million yuan was still not returned. As for users, the number of people applying for a deposit refund from ofo has increased to 15 million. (Sina Finance)

　　7. JD Home: The number of cities covered has reached 91

　　JD.com officially announced today that the number of cities covered has reached 91, of which more than half of the third-tier and below cities account for. According to JD.com data, based on sales in May this year compared with monthly sales of half a year ago, a large number of sinking cities have doubled their market growth. Monthly sales in cities such as Zhuhai, Putian, and Quanzhou increased by more than 300% year-on-year, and dozens of cities such as Ma'anshan, Yueqing, Mianyang, Laixi, Zhanjiang, and Huiyang increased by more than 100% year-on-year. (Tencent Technology)

　　8. DJI releases the first educational robot "RoboMaster S1", priced at 3,499 yuan

　　DJI today released its first educational robot "RoboMaster S1". According to DJI, "RoboMaster S1" has 46 programming control components and 6 types of artificial intelligence programming modules, supporting high-definition, low-latency first-person perspective, four-wheel drive omnidirectional motion system, Scratch & Python programming, multiple competitive modes and practical new science courses and other functions, and is priced at 3,499 yuan. (36Kr)

　　9. Walmart officially withdraws from Jinan, with only two stores remaining in the Shandong market

　　On June 11, the Walmart Quancheng Road store posted an announcement stating that the store will be closed from June 17, 2019. With the closing of the Quancheng Road store in Jinan, Walmart's stores in Shandong will only be two stores in Zibo and Jining. Regarding the reason why Walmart withdrew from Jinan, a relevant person in charge of Walmart said that the closure of Jinan branch was mainly due to the expiration of the lease contract. (Lianshang.com)

　　Cross-border newsletter

　　10. European e-commerce turnover will reach 621 billion euros this year

　　On June 12, the latest report from the European E-commerce Foundation shows that the e-commerce turnover in Europe will reach 621 billion euros by the end of this year. This is an increase of 13.6% from €547 billion in the same period last year. Nordic Germanic language countries rank highly in important e-commerce indexes. For example, Denmark is the most convenient country in Europe, while Sweden, Denmark and Finland are all ranked in the top ten in the global logistics performance index. (E-commerce News)

 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!

,