E-commerce Morning News on August 14

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on August 14] Chen Qi from Mogujie: Live sales may be close to 80% of Mogujie's total GMV; Liu Qiangdong: Will upgrade the first-level entrance on WeChat around the 11th; NetEase Koala will be integrated with Tmall International; JD.com's Q2 in fiscal year 2019: Net income of 150.3 billion yuan, net profit of 600 million yuan; WeChat's "Good Things Circle" is updated again, and you can recommend official account articles...

　　E-commerce newsletter

　　1. Chen Qi from Mogujie: Live sales may be close to 80% of the total GMV of Mogujie

　　Chen Qi, founder of Mogujie, said that the MAU of the App is growing. From the perspective of sales model, live broadcast itself is an urgent order. It is inevitable that more and more sales capabilities will be transferred to live broadcast. The proportion of live broadcasts will become higher and higher this year next year and next year. I think the sales of live broadcasts may be close to 80%. (36Kr)

　　2. Liu Qiangdong: Will upgrade to the first-level entrance on WeChat around the 11th

　　On August 13, Liu Qiangdong said at the JD performance exchange conference call that he would upgrade the first-level entrance on WeChat around the 11th. In addition, JD.com has stated that it will create a new model that specializes in WeChat ecosystem, especially focusing on women and the first-tier market. This method will adopt a low deduction method to attract more merchants and richer products to meet the needs of consumers in low-tier cities. (E-commerce News)

　　3. NetEase Koala will be integrated with Tmall International

　　According to LatePost, Alibaba is negotiating to acquire NetEase Koala, and the current negotiation results are basically confirmed. The acquisition price is billions of US dollars. After the transaction is completed, NetEase Koala will integrate and cooperate with Tmall International in specific business. It is reported that Pinduoduo had an intention to acquire NetEase Koala before, but the deal was not negotiated in the end. (Financial Network)

　　4. JD.com's Q2 in fiscal year 2019: Net income of 150.3 billion yuan, net profit of 600 million yuan

　　On August 13, JD.com released its second quarter financial report for the 2019 fiscal year. The report shows that JD.com achieved net income of 150.3 billion yuan in the second quarter of 2019, a year-on-year increase of 22.9%; operating profit of 2.3 billion yuan, compared with an operating loss of 1 billion yuan in the same period last year; net profit attributable to common shareholders was 600 million yuan, and net loss attributable to common shareholders was 2.2 billion yuan in the same period last year. (E-commerce News)

　　5. Suning.com: Expenditures about 1 billion yuan to complete the share repurchase plan

　　On August 13, Suning.com issued an announcement tonight stating that the company repurchased 84 million shares of the company through centralized bidding transactions through special securities accounts from January 31 to August 12, accounting for 0.9% of the company's total share capital. The highest transaction price was 14.6 yuan/share, the lowest transaction price was 9.94 yuan/share, and the total amount paid was 999 million yuan (excluding transaction fees). The company's plan to repurchase shares has been fully implemented. (Chuangyebang)

　　Internet news

　　6. Shanghai severely fined illegal acts of online car-hailing platforms: Didi Chuxing was fined 5.5 million yuan

　　The Shanghai Municipal Transportation Administration for the first time from the 12th to the 13th, jointly carried out law enforcement inspections on Internet travel platforms such as "Didi", "Xingdao", and "Shouqi". In July, the law enforcement department has issued a cumulative fine of 5.5 million yuan to Didi Chuxing. (Xinhua News Agency)

　　7. WeChat’s “Good Things Circle” is updated again, and you can recommend official account articles

　　WeChat "Good Things Circle" has been updated again. After the update, you can recommend official account articles to the circle. This function currently only supports the use of the circle's creators. In March this year, WeChat search for "shopping list" was officially upgraded to "good goods circle", similar to a "product version of friends circle". Users can share products and choose to block certain friends, and friends can also like and comment on each other. (Yibang Power)

　　8. Source: Apple's three new iPhones may be released on September 10, and the price will not increase

　　According to US media reports, sources from Apple's OEM manufacturer revealed that Apple has determined that the release date of the new generation of iPhone will be September 10, and three new phones will be released. Sources also revealed that Apple will be very cautious about the price of new iPhones this year. It is not clear whether the price will be reduced, but it will not increase. (Silicon Valley Analytics Lion)

　　9. Ministry of Industry and Information Technology: Vigorously promote the integration and innovation development of 5G+ industrial Internet

　　The National On-site Work Conference of "5G+Industrial Internet" was held in Shanghai. Minister of Industry and Information Technology Miao Wei attended the meeting and delivered a speech. The meeting emphasized that we must seize the major historical opportunity of the deep integration of the new generation of information technology and the real economy, accelerate the promotion of "5G+Industrial Internet", and strive to implement the "5G+Industrial Internet" 512 project, improve the industrial ecology, and strengthen policy guidance, so as to effectively support the high-quality development of the manufacturing industry. (Securities Times)

　　Cross-border newsletter

　　10. Google strengthens its e-commerce business in the United States and seeks JD.com to recruit Chinese sellers

　　According to foreign media reports, Google is renovating its e-commerce business with the help of JD.com.

　　It is reported that Google invested US$550 million in JD.com in June 2018.

　　Last month, Google relaunched a shopping homepage to strengthen its e-commerce business in the United States. Today, the company is accelerating its plans to attract more Chinese sellers. According to people familiar with the matter, while expanding its own product category on Google's platform, JD.com will also help the search giant recruit Chinese sellers and provide technical support, making it easier for them to sell products to American consumers through Google. (NetEase Technology)

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