E-commerce Morning News on August 26

"#Laogao E-commerce Newsletter# [E-commerce Morning News on August 26]" Social e-commerce Jingling received US$100 million in round C financing led by Yunjiu Capital; Tmall adjusted the release standards for food pickup coupons to take effect on August 27; JD Logistics has launched two cultivation bases to solve the talent gap; Kuaishou: In healthy competition and mutual promotion, short videos can play a greater social value; Xiaomi may cooperate with TikTok in India...

E-commerce newsletter

1. Tmall launches super store app in Russia and has quietly been launched

Alibaba's retail e-commerce business in Russia, "Tmall.ru", has recently launched an independent app and officially launched a super store mode. By opening a super store that gathers several Chinese brand products, Tmall Russia has begun to serve Russian consumers with a localized platform. (Yibang Power)

2. Social e-commerce Jingling received US$100 million in Series C financing led by Yunjiu Capital

On August 24, social e-commerce Jingling Group has completed a US$100 million Series C financing, led by Yunjiu Capital and followed by old shareholders. Jingling's current old shareholders include: Tencent Industry Win-Win Fund, IDG Capital, Qiming Venture Capital, Xianfeng Changqing, and Yuanjing Capital. It is understood that the fifth round of financing obtained for it this time, as of now, the total cumulative financing amount of Jingling has been close to 2 billion yuan. (E-commerce News)

3. Tmall adjusts the release specification for food pickup coupons to take effect on August 27

On August 25, Tmall recently issued a public notice on the changes to the "Tmall Food Pickup Voucher Release Standards" to adjust the relevant content of the product release standards. This change has adjusted the "hairy crab" in the "Applicable Category of this Standard" to "hairy crab pickup coupons" and improved the "Title Release Specifications". (Tmall rules)

4. JD Logistics has implemented two cultivation bases to solve the talent gap

On August 25, at the Robot and Logistics Technology Open Development Forum hosted by JD Logistics on August 23, the two talent training bases of JD Intelligent Equipment Engineer College and JD UAV Campus Training Base were officially unveiled. It is understood that JD Logistics will rely on JD Intelligent Equipment Engineer College to carry out training of smart device maintenance talents with partners, and jointly formulate teaching plans and develop courses. JD UAV Campus Training Base will explore the forms of school-enterprise cooperation and form the goal of cultivating new drone application talents according to industry needs. (E-commerce News)

5. Hunchun International Port unveiled: Invest 1 billion yuan to build the Northeast Asia International Logistics Center

Hunchun International Port held an unveiling ceremony at the Hunchun Port Customs Clearance Center on the 24th. With the joint efforts of the People's Government of Hunchun City, Jilin Province and Zhejiang Ningbo Zhoushan Port Group, the Hunchun International Port project has basically met the operating conditions. The project invests 1 billion yuan. After completion, it will further promote economic and trade exchanges between Northeast China and countries around the Sea of ​​Japan, and actively build a Northeast Asia international logistics distribution center. (Xinhuanet)

Internet news

6. Kuaishou: In healthy competition and mutual promotion, short videos can bring about greater social value

In his speech yesterday, Douyin President Zhang Nan shared the product positioning of Douyin's "beauty is value" and the goal of pursuing information inclusiveness. In this regard, a relevant person in charge of Kuaishou said, "Kuaishou has adhered to the value of universality in the past 8 years. It is very good to see that other friendly companies have also begun to pursue the value of information inclusiveness with Kuaishou, and began to pay attention to real content and ordinary people. This shows that the development of the industry is becoming mature and rational. Whether the background color of the community is real or the background color of the content is beautiful, we believe that in healthy competition and mutual promotion, short videos will be able to play a greater social value." (36Kr)

7. Xiaomi may cooperate with TikTok in India

On August 26, Xiaomi Vice President and Xiaomi India General Manager Manu posted a photo with ByteDance CEO Zhang Yiming, and praised "TikTok is a very popular application", which seemed to imply that Xiaomi will cooperate with TikTok in India. However, it is not clear what kind of follow-up cooperation will be carried out between Xiaomi India General Manager and ByteDance Zhang Yiming. (E-commerce News)

8. Smart speakers doubled in the first half of the year Tmall Elf won the domestic championship

Recently, AVC released omni-channel total data showing that in the first half of 2019, the sales volume of China's smart speaker market was 15.56 million units, a year-on-year increase of 233%. The sales volume in the first half of the year is close to the full year of 2018; sales in the first half of the year were 3.01 billion yuan, a year-on-year increase of 149%. Judging from the smart speaker brands, data shows that in the first half of 2019, Tmall Genie ranked first in China with a market share of 35%. (E-commerce News)

9. Several U.S. publishers sued Amazon for copyright infringement

According to the latest news from foreign media, several U.S. publishing giants recently sued Audible, Audible Books subsidiary Audible, claiming it infringed the copyright of the book and asked a federal judge to ban the audio book producer and publisher from using text content in an education-related project. According to foreign media reports, five publishers, Penguin Random House, Hachette Book Group, Simon & Schuster Publishing, Harper Collins Publishing and Macmillan Publishing, ranked among the plaintiffs who filed a lawsuit in a New York court on Friday. (Tencent.com)

Cross-border newsletter

10. Middle East e-commerce platform Nana Direct receives US$6.6 million in financing

On August 25, according to foreign media reports, Nana Direct, a Riyadh-based online grocery platform, recently received a US$6.6 million in Series A financing. The round is led by Dubai Middle East Entrepreneurship Partner (MEVP) and Saudi Impact46. Riyadh-based Watar Partners, Saudi Venture Capital (SVC) and Wamda Capital also participated in the investment. (Yibang Power)

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