#Laogao E-commerce Newsletter #July 18 E-commerce Evening News

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on July 18] Amazon China officially stops sales of paper books; "Father of Libra" Marcus: Libra will compete with Alipay and WeChat Pay; JD.com Group purchase may operate independently, and it is expected to complete the split and launch a new business in September; Didi Chengwei: If hitchhiking is launched, it will not aim for profit; Luo Yonghao commented on Meizu and Li Nan's resignation: It should have been long since left...

　　E-commerce newsletter

　　1. Amazon China officially stops sales of paper books

　　Starting from July 18, Amazon China has officially stopped selling paper books. Currently, when browsing all product categories on Amazon China's official website, there is no "Book" column, only the Kindle store and Kindle e-book categories. (Beijing Business Daily)

　　2. "Father of Libra" Marcus: Libra will compete with Alipay and WeChat Pay

　　On the afternoon of July 17, the U.S. House of Representatives held a hearing on Facebook Libra. In response to questions, Calibra CEO Marcus admitted that he would compete with Alipay and WeChat Pay and hoped that Libra would become an electronic currency circulating worldwide. He once again stressed that Libra won't compete with the US dollar. (National Express)

　　3. China Electronics Federation released the top 100 electronic companies in 2019, Huawei, Lenovo and Haier

　　The China Electronic Information Industry Federation released the top 100 electronic information companies in 2019 (33rd) and the top five companies are Huawei, Lenovo, Haier, Xiaomi and Peking University Founder. The total main business income of the top 100 enterprises in this year was 4.3 trillion yuan, an increase of 22.9% over the previous session; the total assets totaled 5.5 trillion yuan, an increase of 25% over the previous session. (First Financial Daily)

　　4. JD.com may operate independently, and it is expected to complete the split and launch new business in September

　　On July 18, JD.com's group purchase business is being split from the inside, and after the split, the group purchase business will be operated independently. As early as April this year, JD.com Group Purchase App was launched for testing and will become the main base of JD.com Group Purchase business in the future. The integration of the group buying team has been going on for some time. It is expected to be split in September and a new business will be launched. An insider of JD.com revealed, "Specifically, at the investment promotion and operation level, after the split, Pingo will have its own independent investment promotion and operation team." However, Pingo will not become an independent business group this time, and will still exist in the form of a business unit.

　　Internet Information

　　5. Didi Chengwei: If hitchhiking is launched, it will not aim for profit.

　　According to July 18, at the hitchhiking media communication day held by Didi this afternoon, Didi CEO Cheng Wei said that he had considered whether there is any need and value for hitchhiking, but what ultimately made him want to restart it is the needs of users. He said that Didi is a company that has burned a lot of money and is still in a loss. Didi will not make profits its goal in the future. After the ride-sharing was launched, Zhang Rui, the business leader, also had no growth and profit indicators or KPIs. (E-commerce News)

　　6. Luo Yonghao commented on Meizu Li Nan's resignation: It should have left long ago

　　Regarding the announcement of Li Nan, senior vice president and CMO, on Weibo, Luo Yonghao, founder of Hammer Technology, forwarded the comment, "It should have been a long time since we left. All these years have not been easy. I hope everything goes well in the future and look forward to making good products." (36Kr)

　　7. Social media marketing service provider "Yupu" completed a US$25 million strategic financing

　　Social media marketing service provider "Yupu" announced today that it had completed a US$25 million strategic financing. This round of financing was led by Lanxin Asia and followed by Jieshu Capital. Yunxiu Capital serves as the exclusive financial advisor for this round of financing. This financing will be mainly used for strategic business layout and technological research and development, including increasing investment in MCN institutions and the development and application of social media big data. (36Kr)

　　8. Ele.me and Starbucks membership system are connected

　　July 18th news, starting from now on, Starbucks and Ele.me will open up the membership system, and there will be double Stars and free delivery fees and other member rights and benefits. You can join the Starbucks Starbucks Club in the official store page of Ele.me Starbucks; if you are already a Starbucks member, then just bind the existing Starbucks Club member account to the Ele.me account. After you have joined a new member or bound to the original member, you can check the star status, the balance of the star gift card through Ele.me anytime, anywhere, and coupons in the Star Enjoy Club account. (E-commerce News)

　　9. QQ mini programs and QQ mini games will be open for self-service access next week

　　Tencent QQ revealed today that after a period of trial operation of the QQ platform mini-programs/small games, it will open self-service access to third-party developers next week, and invite developers to jointly create a healthy ecosystem of mobile QQ mini-programs/small games. The specific information will be announced on its official website at that time. The QQ mini program and QQ mini game center were officially launched at the beginning of last month. Previously, an invitation system was adopted, and only developers who received the invitation code could obtain registration qualifications. (36Kr)

　　Cross-border e-commerce

　　10. Indian logistics technology platform Ezyhaul received approximately US$16 million in financing

　　On July 18, Indian logistics technology platform Ezyhaul recently announced that it has received a Series B financing of 1 billion rupees (about 16 million US dollars), and the identity of the investor has not been disclosed. The platform said that this round of financing will be used to expand its business in South Asia and its technology platforms and products.

　　It is understood that Ezyhaul was founded in 2016 and is headquartered in Singapore. Its logistics technology platform connects large and medium-sized enterprises with logistics needs with suppliers, and customers can book domestic and cross-border transportation services online. (Europe)

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