#Laogao E-commerce Newsletter# [E-commerce Evening News on June 18]

"#Laogao E-commerce News# [E-commerce Evening News on June 18]" Tmall 618 battle report: More than 100 brands sold more than Double 11 and have received 300 million new customers; JD 618's cumulative order amount as of 14:00 has reached 179.5 billion yuan; NetEase Koala 618 battle report: breaking through the full-day transaction volume of the first day of last year in 101 minutes; JD Xu Lei 618 releases a full-staff letter: accelerating the flattening of the organization; Alibaba announced a new round of organizational upgrades: reorganizing Alibaba's innovative business group...

E-commerce newsletter

1. Tmall 618 battle report: More than 100 brands sold more than Double 11 and have won 300 million new customers

On June 18, the 618 major e-commerce promotion in China reached its peak. Alibaba Tmall data shows that more than 100 brands have sold more than last year's Double 11, including CPB, L'Oreal, Watsons, Chengye Doctor, Tronsu, Peak, Ruiao and other major domestic and foreign brands. As of now, Tmall 618 has reached the "Double 11" magnitude, with more than 100 brands entering the "Billion Yuan Club", and more than 100 domestic and foreign big brands have sold more than last year's Double 11. (E-commerce News)

2. As of 14:00, the cumulative order amount of JD 618 has reached 179.5 billion yuan.

As of 13:00 on June 18, the cumulative order amount of JD.com 618's 16th anniversary celebration has reached 179.5 billion yuan since 0:00 on June 1. With the continued rising enthusiasm for national consumption, JD.com is still the most trusted shopping platform for hundreds of millions of consumers, and JD.com 618's main venue is becoming increasingly prominent.

Judging from the sales data in the first half of June 18, China's consumer market continued to upgrade, and high-quality big brands and imported goods were widely popular; consumption in low-tier markets became more active, and the year-on-year increase in order amounts reached 2 times across the entire site, and began to lead the market at all levels; not only the consumption of physical goods continued to grow, but the consumption of service goods also increased rapidly. During the 618 period, the overall transaction volume of service goods increased by 73% compared with usual; JD.com became the first choice for the first launch of new products of major brands, 90% of core brands released millions of new products on JD.com 618, and new and reverse customized products were sold, with order amounts increasing by 289% year-on-year. (Europe)

3. NetEase Koala 618 battle report: 101 minutes exceeded the full-day transaction volume of last year's first day

On June 18, NetEase Koala released its first-day data on 618. In just 101 minutes, sales exceeded the full-day sales of last year's first-day 618. The one-hour data provided by NetEase Koala shows that beauty and maternal and infant categories are still leading the way. Infant milk powder, diapers, lotion cream, facial essence and toner have become the five most popular products among cross-border overseas shopping users, maintaining a growth rate of more than three-digits year-on-year. (E-commerce News)

4. Dada 618 Logistics Battle Report: 1 million orders are completed in two hours of midday delivery

On June 18, at 15:00 on June 18, Dada announced this year's 618 logistics data: from 11:30 to 13:30 on June 18, Dada Knights have delivered more than 1 million packages to users. Shanghai, Beijing, Shenzhen, Guangzhou and Chengdu have the largest order volume.

According to statistics, during this year's 618, the total mileage of Dada Knights exceeded 110 million kilometers. In this 618 logistics war, Dada knights born in the 1990s accounted for 1/4, and the age structure of the knights became younger; female knights accounted for 9%. (Europe)

5. JD.com Xulei 618 releases a letter from all employees: Accelerate organizational flattening

On June 18, Xu Lei, the rotating CEO of JD Retail Group, issued a letter from all employees saying that in terms of business strategy, he will conduct omni-channel business co-creation in different scenarios such as social, offline and community, and enterprise applications to build a win-win retail ecosystem. In terms of organizational structure, accelerate the flattening of the organization and make the organization operate more efficiently. In terms of cultural construction, JD.com's values ​​have been officially upgraded to "customer first, integrity, collaboration, gratitude, hard work, and responsibility"; in terms of talent development, more young people will undertake key tasks and take on core positions. (E-commerce News)

Internet news

6. WeChat Security Center: It says that it will punish accounts that use illegal plug-ins

According to the news on June 18, the WeChat Security Center said that some users still use third-party plug-in software developed based on technical frameworks such as Xposed and substrate to invade WeChat's processes and data, and tamper with WeChat client data and logic to achieve malicious marketing and fraud. In this regard, the WeChat security team will impose penalties such as restricting functions until they restrict login. (WeChat Security Team)

7. Walmart launches unlimited grocery delivery service

On June 18, Walmart launched a grocery delivery service called Delivery Unlimited. Users can subscribe year-round or full-monthly for $98 per year or $12.95 per month, place groceries and more through the Walmart Grocery app, and then select a time period to schedule delivery. (E-commerce News)

8. There is no executable property under ofo's name

According to an execution ruling, ofo's operating entity Dongxia Datong (Beijing) Management Consulting Co., Ltd. was involved in a contract dispute with Tianjin Fujida Bicycle Industry Co., Ltd. During the execution process, the court found that the person to be executed had no property. Through the "General-to-General" inspection and control system of the Supreme People's Court, the property under the name of the person subject to execution was inquired, and the system feedback query information was propertyless. (Titanium Media)

9. Alibaba announces a new round of organizational upgrades: reorganizing Alibaba's innovative business group

On June 18, Alibaba Group CEO Zhang Yong announced a new round of organizational upgrades through a letter to all employees. Alibaba will reorganize Alibaba's innovation business group, with Zhu Shunyan as president. Hema has been upgraded to an independent business group, and Hou Yi continues to serve as Hema president. DingTalk enters Alibaba Cloud Intelligent Business Group. At the same time, Alibaba Group CFO Wu Wei also serves as the head of the group's strategic investment department. This upgrade also clarified the number one position of Alibaba's entertainment business group. Fan Luyuan serves as the president of Alibaba's entertainment business group, and is responsible for Youku, Alibaba Pictures, Damai and other businesses. (E-commerce News)

Cross-border newsletter

10. Amazon withdraws from China and turns to bet on India! Rs 35,000 crore has been invested successively

Starting from July 18, 2019, Amazon will stop providing services to third-party sellers of Chinese sites. As the world's second largest population country, India's economic growth is rapid. According to Morgan Stanley, more than half of the Internet users in India will shop online by 2026, accounting for only 14% in 2016. Since Amazon announced in April that it would withdraw from the Chinese market in mid-July, Amazon has begun to make new investments in its Indian subsidiary Amazon Seller Services, with an investment of 28 billion rubles. This is the first time Amazon injects money in 2019. (Hugo.com)

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