#Lao Gao E-commerce Newsletter# [E-commerce Morning News on August 28] Costco Moutai was stolen and its first store in China was suspended only 5 hours after opening; Alibaba Vice President Jing Jie: 50% of Starbucks' daily new members come from Alibaba; Miniso Ye Guofu: The principle of three highs and three lows is what I learned from Costco; Cainiao and 5 express companies jointly promote express box recycling; Alibaba indirectly invests in the Internet celebrity milk tea "Chanyan Yuese"...
E-commerce newsletter
1. Costco Moutai was stolen and its first store in China was closed for only 5 hours after opening.
No. 235 Zhujian Road, Minhang District, Shanghai officially welcomed the first mainland Chinese store of Costco. Major maps show that many sections of road leading to Costco have been "hot" since the morning. The aunts snatched goods and turned Costco into a New Year's goods market, and the parking lot of the store was "full of cars" early... Moutai, which had been sold for more than 3,000 yuan in the market, only 1,498 yuan, and Wuliangye only had 919 yuan. And Hermes has been robbed... In fact, with the momentum over the past few months, since the membership application was opened on July 1, the Minhang store has accumulated tens of thousands of members, far exceeding previous expectations. As a marketing method, Costco's annual membership fee is 199 yuan before opening and 299 yuan after opening. (Wall Street News)
2. Alibaba Vice President Jing Jie: 50% of Starbucks' new members are from Alibaba
According to August 27, at the sub-forum of the new retail conference in the future organization conference, Alibaba Group Vice President Jing Jie revealed that after Starbucks cooperated with Alibaba, 50% of the new members every day came from Alibaba. In August this year, Starbucks and Alibaba reached a strategic cooperation. In addition to relying on Ele.me's takeaway business, the two parties also conducted in-depth cooperation from the entire process of smart outlets, member integration, and coffee production to 30-minute delivery. (E-commerce News)
3. Miniso Ye Guofu: The principle of three highs and three lows is what I learned from Costco
Ye Guofu, co-founder of Miniso, said, "In my opinion, you must learn from two companies when doing retail, one is Apple and the other is Costco. The former sells products that are not even satisfied with in the table to the world and becomes one of the most profitable companies in the world. The latter uses 8% gross profit, 3,000 SKUs, and a 13,000 square meter square efficiency to make Walmart fall into pieces." He said, "The three highs and three lows principles of highs and three lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows of highs and lows, which are the business philosophy I learned from Costco." (Lianshang.com)
4. Cainiao joins hands with 5 express delivery companies to promote express delivery boxes recycling
According to August 28, on the 27th, Cainiao joined hands with Zhongtong, Yuantong, Shentong, Yunda and Best Express to fully launch the upgraded version of the "Box Return Plan" in Zhejiang. According to the plan, several express delivery companies will work with Cainiao to lay the first batch of 1,500 green recycling boxes in Zhejiang, and create a green "small cycle" through classified recycling and secondary utilization of express delivery packaging.
This year, Cainiao and Best Express, ZTO, YTO, Shentong and Yunda specially established Cainiao Alliance Green Public Welfare Committee, which is the first time in the industry to cooperate across companies. (Zhejiang Daily)
5. Liu Song, vice president of Alibaba Group: The smart industry seems to burn money, but in fact it is burning talents.
Liu Song, deputy general manager of Alibaba Group, said, "We often say that the entire smart industry seems to burn money and various investments. But the smart industry does not burn money, or even technology. When intelligence and industry are superimposed, we burn talents, and talents have become the biggest bottleneck today." He said, "We believe that the cloud era has arrived, but the intelligent era is superimposed, which will form a larger ecological system for cloud intelligence." (Economic Observation Network)
Internet news
6. Amazon opens up revenue channels and promotes two WiFi ordering services
Amazon launched two new ordering services for Eero on Tuesday to help users' home networks be safer. Amazon acquired Eero earlier this year. Eero uses mesh networking technology to help users get better WiFi coverage in their homes. Eero's system does not rely on a single WiFi hotspot, but deploys multiple units in the user's home, allowing users to get better signals no matter where they are. These two new features include Eero Secure and Eero Secure+. (Sina Technology)
7. After the toilet MT, Wang Xin launched the new app "Lingge AI"
Following the toilet MT, Wang Xin, the founder of Kuaibo after being released from prison, developed and launched an App Lingge AI. Industry insiders compared Lingge to "Taobao" in the field of flexible employment, claiming to use many new technologies such as artificial intelligence and blockchain. After logging in through the internal test code, it was found that Lingge is positioned as a flexible employment skill sharing and collaboration platform for C2C. (Tech Planet)
8. JD Digital released the "intelligent community solution" jointly created with Tesla
At the 2019 Chongqing Smart Expo, JD Digital Technology officially released the "Smart Community Solution" jointly created with Tesla. According to JD.com, the solution deeply combines technologies such as the Internet of Things and artificial intelligence with community application scenarios, and builds a 24-hour digital service JD.com intelligent community operating system in community scenarios to solve the problems faced by the community such as security, medical care and health, parent-child education, business district supermarkets, and life payments. At present, the solution has been officially implemented in Xuhui, Shanghai. (36Kr)
9. Alibaba indirectly invests in the internet celebrity milk tea "Chanyan Yuese"
On August 27, according to information from Tianyancha platform, Hunan Chayue Catering Management Co., Ltd., the operating entity of Chayan Yuese, underwent industrial and commercial changes in June this year, and Suzhou Yuanchu Investment Partnership (Limited Partnership) became a new shareholder with a shareholding ratio of 6.32%. One of the shareholders of Suzhou Yuanchu Investment Partnership (Co., Ltd.) is Hangzhou Alibaba Venture Capital Management Co., Ltd. (E-commerce News)
Cross-border newsletter
10. Cross-border half-year performance report: Private brand revenue is 3.6 billion yuan
On August 27, the cross-border e-commerce company listed on A-shares released its 2019 semi-annual report today (as of June 30, 2019).
According to the announcement, Cross-border Connect achieved overall revenue of 8.97 billion yuan in the first half of the year, a decrease of 9.16% from 9.874 billion yuan last year; net profit attributable to shareholders of listed companies was 460 million yuan, a decrease of 9.25% from 506.99 billion yuan in the same period last year. Among them, cross-border export business achieved revenue of 5.966 billion yuan, and cross-border import business achieved revenue of 2.946 billion yuan. (Yibang Power)
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