#Laogao E-commerce Newsletter #July 26 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on July 26] 1. Suning Finance will provide more than 5 billion yuan in shopping loan interest-free amount; 2. Didi and Toyota reach cooperation, competition in the market is becoming increasingly fierce; 3. Kuaishou accelerates commercialization and strives for short video e-commerce still has challenges; 4. Sohu Changyou's film media company has declared bankruptcy; 5. Apple acquires Intel modem department for US$1 billion...

　　E-commerce newsletter

　　1. Kuaishou accelerates commercialization and strives for short video e-commerce still has challenges

　　July 26th news: With the strategic upgrade of major short video platforms, more and more platforms have chosen to enter the e-commerce market, and the most eye-catching ones are Douyin and Kuaishou. With their advantages in the field of short videos, they quickly capture user needs and run wildly on the road to commercialization.

　　Recently, Kuaishou released the super fast order acceptance of commercial social ecological upgrade products at the 2019 Kuaishou Photosynthesis Creator Conference held in Beijing, and also announced the Kuaishou Creator Double 10 plan, which will achieve a 1 billion share of the super fast order acceptance and creator incentive plan by the end of this year. (E-commerce News)

　　2. President of Suning.com: The retail industry faces three keywords

　　On July 25, Suning.com President Hou Enlong said at the 818 press conference today that the retail industry faces three keywords and has produced three major trends: the first is traffic decentralization, the second is the comprehensive empowerment of social and social networking, and the third is the grid of retail contact points. Up to now, Suning.com has recruited 1 million communities through Su Xiaotuan, Tuoke, and other channels. Among them, Su Xiaotuan, which relies on offline Suning Store, currently has more than 50,000 community leaders, with each community ranging from 200 to 300 people. (Yiou.com)

　　3. Alibaba Asset Disposal: The access system of authorized institutions must be adopted

　　According to reports on July 25, Alibaba Auction Platform intends to revise the "Management Measures for Authorized Service Institutions of Asset Disposal Channel", and this rule will officially take effect on August 1. In terms of application methods for the "Residence Application Form", when asset disposal institutions enter the Alibaba auction platform, they need to select the corresponding authorized service in the system background. At the same time, the authorized service agency must send the scanned version of the "Residence Application Form" stamped by both parties to the designated email address. (Alibaba)

　　4. Ning Financial will provide more than 5 billion yuan in interest-free shopping loans

　　On July 25, Suning Finance announced today at the Suning.com Retail Strategy Press Conference that during this year's 818, it will join hands with 15 mainstream banks, many travel institutions and major partners across the country to provide a total of 20 billion yuan of funds to empower suppliers, and help 1,000 suppliers with an annualized low interest rate of 6.0%+; provide 5 billion yuan of funds to support 20,000 small merchants, and Leye Loan and other products specially created for Suning Retail Cloud and logistics, after-sales service providers, the interest rate during the 818 period will be 75% off; prepare an interest-free amount of 5 billion yuan of shopping loans, which will be concessions for 20 million buyers. (E-commerce News)

　　Internet news

　　5. Didi and Toyota reach cooperation and competition in the market is becoming increasingly fierce

　　On July 26, Didi Chuxing continued to expand its circle of friends and cooperated with Toyota Motor to establish a joint venture.

　　Didi Chuxing recently announced that the company has reached a cooperation agreement with Toyota Motor Company in the field of smart travel. Toyota Motor will invest in Didi, and part of the funds will be used to jointly establish a joint venture with GAC Toyota Motor Co., Ltd. to provide car-related services to platform drivers, with a total investment of US$600 million.

　　6. Sogou invests in the Internet medical information platform Hangzhou Huazhuo Technology

　　According to the news on July 26, recently, according to Tianyan Check data, Sogou has invested in Hangzhou Huazhuo Information Technology Company, which focuses on the Internet medical information platform. The specific amount and shareholding ratio are currently unknown. According to data, Hangzhou Huazhuo Company is a future-oriented HIT (Health Information Technology) industry, an Internet-based medical information platform IMIP (Internet Medical Information Platform), whose products include integrated medical and nursing workstations, medical imaging workstations, hospital human resources management platforms, intelligent voice guidance, etc., covering medical equipment, hospital management, patient services, data system integration, etc. The company is also a holding subsidiary of Shulan Medical Group. (Yiou.com)

　　7. Sohu Changyou's film media company declared bankruptcy

　　On July 26, Sohu Changyou issued an announcement stating that its subsidiary Shanghai Jingmao Film Media Co., Ltd. has submitted an application for bankruptcy liquidation to the court. The announcement stated that the decision was caused by Shanghai Jingmao's huge losses in the past two fiscal years. Shanghai Jingmao is a professional film media company wholly acquired by Sohu Changyou in 2011, engaged in pre-screening advertising business. (E-commerce News)

　　8. Tencent and WeMall’s first regional marketing service center are launched

　　On July 25, Tencent authorized (Shanghai) regional marketing service center was officially completed at Zhongcheng Zhigu Creative Design Center in Baoshan District, Shanghai. This regional marketing service center is a one-stop local marketing service center initiated and authorized by Tencent and operated by Weimeng Mengju, a designated service provider for Tencent advertising area and medium and long-tail channels. (Yiou.com)

　　Cross-border newsletter

　　9. Apple acquires Intel modem division for $1 billion

　　On July 26, Apple announced that it would acquire a majority stake in Intel's smartphone modem division. It is understood that 2,200 Intel employees will join Apple, and Apple has paid $1 billion for Intel's employees, intellectual property and other devices. It is reported that the agreement allows Apple to focus on developing technology for 5G networks. (E-commerce News)

　　10. Amazon's net sales reached $63.4 billion in the second quarter

　　On July 26, Amazon released its second quarter 2019 financial report on Thursday. According to the financial report, Amazon's net sales in the second quarter were US$63.4 billion, a 20% increase from US$52.886 billion in the same period last year, and market expectations were US$62.476 billion; net profit was US$2.625 billion, a 4% increase from US$2.534 billion in the same period last year. (Yibang Power Network)

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