E-commerce Morning News on August 30

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on August 30] Kuaishou Merchant Account Sprints to a million DAU and creates 1,000 super internet celebrity stores; Pinduoduo's stock price rose 8.66% on Thursday, with a market value exceeding Baidu; Apple apologizes for Siri's "eavesdropping"; WeChat public account "Single Article Data Analysis" function updated; Haidilao founder Zhang Yong becomes the new richest man in Singapore, with a net worth of US$13.8 billion...

　　E-commerce newsletter

　　1. Kuaishou merchant account sprints to one million DAU and creates 1,000 super internet celebrity stores

　　Recently, Kuaishou announced the upgrade of the product functions and service system of the merchant account. Upgrades are mainly reflected in two aspects:

　　First, the merchant account can directly complete the operation of the backend system on the mobile terminal, which is easier and faster than the previous backend operation on the PC terminal.

　　Second, the merchant account will focus on the three core directions of brand, e-commerce and local, covering six major areas including local catering, scenic spot hotels, online clothing, retail, clothing, and beauty.

　　Different from ordinary Kuaishou accounts, merchant accounts mainly serve users with commercial needs. Kuaishou users can become ordinary merchant account users for free through the "one-click activate" function, using basic functions such as making calls, address navigation, category identification, and work top; users who submit business licenses and ID card authentication can become certified merchant account users, and enjoy additional rights and benefits such as coupon configuration, @ aggregation page, work promotion discounts, etc. (Yibang Power)

　　2. Yunda Co., Ltd.: Net profit in the first half of the year was 1.296 billion yuan, an increase of 29.6% year-on-year

　　According to August 29, tonight, Yunda Co., Ltd. disclosed its semi-annual report. The company achieved operating income of 15.554 billion yuan in the first half of the year, an increase of 163.51% year-on-year; net profit of 1.296 billion yuan, an increase of 29.6% year-on-year; earnings per share of 0.58 yuan. During the reporting period, the company completed a total of 4.334 billion express delivery business volume, an increase of 44.71% year-on-year, and the growth rate was more than 19 percentage points higher than the industry average growth rate; the company's express delivery market share has reached 15.62%, an increase of 2.06 percentage points from the same period last year. (E-commerce News)

　　3. Pinduoduo's stock price rose 8.66% on Thursday, with market value exceeding Baidu

　　According to reports on August 30, as of the close of US stocks on Thursday, Pinduoduo's stock price was US$33.61, an increase of 8.66%. Its current total market value is US$39.067 billion, exceeding Baidu's US$36.538 billion market value. Currently, Alibaba's market value is US$449.9 billion, Tencent's market value is approximately US$390 billion, Meituan's market value is approximately US$55.1 billion, JD.com's market value is US$44.8 billion, and NetEase's market value is US$32.8 billion. (Oriental Fortune Network)

　　4. Youzan implements clothing customization solutions for users to try out clothes online

　　On August 29, Youzan Cloud recently released a clothing customization solution. In all aspects such as product specifications, clothing templates, body templates, order management, etc., it fully supports merchant customization and achieves high personalization. At the same time, intelligent services such as online body measurement and online fitting have been launched to help merchants and consumers save time in door-to-door measurement and fitting, and promote purchase conversion. (Yibang Power)

　　5. Three Squirrels' semi-annual report is released: revenue is 4.5 billion, an increase of nearly 40%.

　　Today, Three Squirrels released their first financial report after its listing. From January to June 2019, Three Squirrels achieved revenue of 4.511 billion yuan, a year-on-year increase of 39.58%; net profit of 266 million yuan, a year-on-year increase of 27.94%, and the two lines were in full swing. It is worth mentioning that Three Squirrels, which started with nuts, had revenues of self-operated non-nut categories (2.289 billion yuan) in the first half of the year, which exceeded that of Nut Products (2.195 billion yuan). (Europe)

　　Internet news

　　6. Amazon participated in the acquisition of Disney YES Network shares, with a total value of US$3.47 billion

　　Disney announced Thursday that it had sold its YES Network shares to investment groups including Amazon, the New York Yankees and Sinclair Broadcasting Group, which acquired 80% of the New York Yankees' stake. According to the announcement, the total corporate value of the transaction is $3.47 billion. The New York Yankees, Sinclar and Amazon will form a "new strategic partnership" but do not specifically outline Amazon's role in the partnership, the investment group's press release said. (Sina Technology)

　　7. Apple apologizes for Siri's "eavesdropping"

　　On August 30, foreign media reported that Apple secretly recorded the communication with users on August 28 for the Siri function and leaked the documents to the outsourcer for formal apology. It is reported that Apple was accused last month of recording a conversation between users and Siri and converting it into a sound file to send it to contractors in different countries of Apple. The sound file also records the user's location, usage data and communication content. (E-commerce News)

　　8. Updated function of WeChat public account "Single Article Data Analysis"

　　On August 29, after the launch of the "Frequently Read User Analysis" function at the beginning of the month, the backend of the WeChat public account has once again ushered in a major update to the analysis sector. This time, WeChat has comprehensively upgraded and updated the "Single Article Data Analysis", and added a number of data tracking records such as sharing conversion rate and reading completion rate, which makes the number of brushes nowhere to escape, and at the same time provides detailed data support for the in-depth operation of the official account. (E-commerce News)

　　9. Haidilao founder Zhang Yong becomes the new richest man in Singapore, with a net worth of US$13.8 billion

　　On August 29, Forbes Asia magazine released the latest list of Singapore's 50 Richest Richies today, showing that Zhang Yong, founder of the popular hotpot chain Haidilao (37.25, 1.05, 2.90%) group, made the list for the first time, that is, the brothers Huang Zhixiang and Huang Zhida, who squeezed out the Far East Organization, ranked as the richest man with a net worth of US$13.8 billion (about S$19.2 billion).

　　Forbes Asia pointed out that although the Singapore government predicts that the economy will be the same as last year, Singapore's stock market has also fallen by 3.5% in the past year, the overall wealth of Singapore's 50 richest people still rose 12% to US$130 billion, "most of which is because Zhang Yong is on the list this year." (Sina Finance)

　　Cross-border newsletter

　　10. Indian government promotes e-commerce platform Bharat Craft

　　It is reported that Nitin Gadkari, Minister of Small and Medium Enterprises of India, announced that the Indian government has decided to launch an e-commerce portal called "Bharat Craft" at the 6th India International Small and Medium Enterprises and Entrepreneurship Expo last Friday (August 23). Bharat Craft creates Alibaba as a sample.

　　Gadkari said the portal aims to create a platform for Indian small and medium-sized enterprises to sell products to expand sales growth in the industry, and hopes that the initiative will help the Modi government achieve the goal of India's economy reaching a $5 trillion target. (Hugo.com)

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