E-commerce Evening News Briefing on August 13

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on August 13] NetEase Koala launched a new round of financing, and the official refused to comment on the rumors of Alibaba's acquisition; Douyin began to officially connect to mini-program service providers; WeChat card packages grayscale launched a "traffic card" and integrated ride-hailing code service; Apple encountered a class action lawsuit in the United States, and was accused of false propaganda; WeMall Smart Retail added overall discounts and zero-removal functions...

　　E-commerce newsletter

　　1. Ziyuan opens WeChat mini program to build a "Girl's Heart" version online mall

　　On August 13, the cleaning and care brand seeyoung Ziyuan E-commerce Mini Program Mall was launched and technically supported by Youzan. It is understood that the Ziyuan Mini Program Mall mainly sells Ziyuan cleaning and care products including the Mengxiang series, ginger series, Wuwanzi series, tea seed series, amino acid series, men's series and deep sea series. (E-commerce News)

　　2. NetEase Koala launches a new round of financing, and the official does not comment on the rumors of Alibaba's acquisition

　　Anonymous investor said that NetEase Koala is raising funds, and its contacts may include e-commerce platforms such as Alibaba and Pinduoduo. "Now, there is no completely finalized target." There is news that "NetEase Koala will sell it to Alibaba for US$2 billion." NetEase and Alibaba both said they would not comment on this news. (21st Century Business Herald)

　　3. Alibaba's new retail rises against the trend

　　In three years, Alibaba has turned new retail from a concept to a business, and then from a business to a reusable methodology.

　　Gao Xin Retail recently announced its 2019 interim report. Last year, its revenue and profit were still both declining. Its performance began to rebound in the first half of this year. The total sales revenue (i.e., cash received by the store) was 5.44 billion, an increase of 0.6% year-on-year; net profit was nearly 1.9 billion, an increase of 3.6% over the same period last year. In the context of the sluggish physical retail industry, slowing growth, and mostly losses, especially in the context of both revenue and profit declines in Gaoxin Retail last year, Gaoxin Retail returned to growth in the first half of this year, and its performance is very rare

　　Behind this is the phased achievements of Alibaba's new retail. Three years ago, after Alibaba first advocated the "new retail" reform, Internet and retail giants have come to a position one after another. With the capital hot money raising, new retail once became the most optimistic trend in the market. (Yibang Power Network)

　　4. TikTok has officially connected to mini-program service providers

　　On August 13, Douyin has recently officially connected to mini-program service providers. Jisu Application, as the first batch of mini-program service providers to access, has helped merchants develop and launch a number of Douyin mini-programs. This means that Douyin is expected to usher in a big explosion in the mini program ecosystem with the help of this "entry wave". Douyin has recently fully opened a series of operations such as product search portals and online knowledge paid mini programs, indicating that "short video + mini programs + product search" is a further promotion of Douyin's commercialization attempt. (Titanium Media)

　　5. Problems such as unqualified veterinary drug residues found in 4 batches of food sold on JD Taobao

　　On August 13, the China Market Supervision News reported that recently, the State Administration for Market Regulation organized a random inspection of food safety supervision and found that four batches of samples of bee products and meat products were unqualified, and problems such as veterinary drug residues and food additives were detected. (E-commerce News)

　　Internet news

　　6. Douyu's revenue in the second quarter was 1.87 billion yuan, up 133% year-on-year

　　On August 13, Douyu released its first financial report after its listing today. The financial report shows that in the second quarter of 2019, Douyu's revenue was 1.873 billion yuan, a year-on-year increase of 133.2%, and its net profit was 23.2 million yuan, a loss of 228.7 million yuan in the same period last year. (E-commerce News)

　　7. WeChat card package grayscale launches "transportation card" and integrates ride code service

　　Recently, some WeChat users’ card packages have been updated and the “transportation card” service has been launched, which integrates the ride code services in various places. When opening the transportation card, it will show whether there is a corresponding transportation card service based on the current location. The ride codes of other cities that have been used before will be displayed below. At the same time, users can add ride codes in other cities currently supported by WeChat. According to Tencent, the ride code and third-party mini-programs will appear in the "traffic card". At present, this function is still in grayscale, and only some users can see it. (Sina Technology)

　　8. Apple encountered a class action lawsuit in the United States and was accused of false propaganda

　　August 13, 2019, according to Apple Insider, a professional Apple news media in the United States, Apple encountered a class action lawsuit in a California court on Monday because of data storage issues. The lawsuit claimed that Apple had false propaganda about iCloud. Apple originally told consumers that iCloud data was stored by Apple, but in fact it was stored on third-party servers such as Amazon, Microsoft, and Google. (Europe)

　　9. WeMall Smart Retail adds overall discounts and zero-removal functions

　　On August 13, WeMall Smart Retail has been optimized, and the APP order opening and cash registers have added "overall discount" and "zero removal" functions. It is reported that the newly added "whole order discount" function supports shopping guides or cashiers to provide customers with discounts or discounts. Merchants need to configure the maximum discount and allocate them to the applicable position. If you have an account with the position, you can get discount permission. When opening and closing the order, directly enter the discount/reduction amount to provide customers with order discounts. (E-commerce News)

　　Cross-border newsletter

　　10. Amazon India launches the Marketplace Appstore app store for sellers, bringing together a variety of practical tools

　　It is reported that Amazon launched the Amazon Marketplace Appstore (platform app store) in India on August 12 to help sellers automate, order growth and manage their business. Through the Amazon Seller Center, the platform's app store will allow sellers to browse and filter 13 directories, including accounting and tax remittances, inventory and order management, e-commerce solution connectors, and more. The app store is very different from the well-known Appstore features. Marketplace Appstore is not open to end consumers, but is designed for sellers and only appears in the backend of the seller's store. (Hugo.com)

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