E-commerce Morning News on September 6

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on September 6] Pinduoduo's market value exceeds US$40 billion; Alibaba confirmed that it acquired Koala for US$2 billion, and invested US$700 million in NetEase Cloud Music with Yunfeng and others; Ant Financial President Hu Xiaoming: Technology is the biggest charity of this era; American supermarket company Kroger will launch its own artificial meat products; Facebook invests US$10 million to jointly launch the "face-swap video" detection challenge...

　　E-commerce newsletter

　　1. Alibaba’s blockchain patents are 322, ranking first in the world

　　On September 5, an recently released report by intellectual property media IPR Daily listed the number of blockchain invention patents released worldwide from January 1, 2019 to June 30, 2019. China ranked first, accounting for 67% of the number of patent applications. Alibaba ranked first with 322 patents, followed by Ping An of China, with 274 patents, and the third is that Nchain owns 241 patents. (E-commerce News)

　　2. The market value of Pinduoduo exceeds US$40 billion

　　According to September 6, Pinduoduo's stock price closed at a record high on Thursday. As of the close, Pinduoduo's stock price rose 2.6% to US$34.87, with a cumulative increase of 55.39% this year, with a market value of US$40.5 billion. Meanwhile, Baidu's stock price closed up 1.5% on Thursday to $104.12 with a market value of $36.3 billion. (E-commerce News)

　　3. JD Supermarket speeds up: Successful selection of goods delivered by those who are in the right position

　　"Since last year, KPI has assessed revenue rather than flow, JD Supermarket has become the top priority of the company." A middle-level JD.com emphasized the importance of self-operation to Yibang Power in this way.

　　Recently, JD Supermarket, which is the "most important", announced the "TOUCH" strategic upgrade plan for the five dimensions of user operation, channel, product, price competitiveness, and marketing gameplay as of April this year, and for the first time announced the "TOUCH" strategic upgrade plan.

　　On this basis, JD Supermarket has also set a goal of achieving a cumulative transaction volume of consumer goods exceeding 800 billion in the next three years. The killer weapon to achieve this goal is "success in nature". (Yibang Power)

　　4. Alibaba confirmed that it acquired Koala for US$2 billion and invested US$700 million in NetEase Cloud Music with Yunfeng and others

　　According to Bloomberg, Alibaba confirmed that it has acquired NetEase’s cross-border e-commerce platform Koala for US$2 billion and will acquire a minority stake in NetEase Cloud Music. According to 36Kr, Alvin Liu, general manager of Alibaba Group's Tmall Import and Export Division, will serve as the new CEO of NetEase Koala, and Koala will maintain independent brand operations. Alibaba and Yunfeng Fund invested US$700 million in NetEase Cloud Music, which is NetEase Cloud Music's B2 round of financing, and after the financing, NetEase is still the controlling shareholder of NetEase Cloud Music. (36Kr News)

　　Internet Information

　　5. Didi responded to the orders received by registered vehicles from other provinces in Shanghai: It is actually a scalper or illegal operation of the black industry

　　Recently, the Shanghai Transportation Law Enforcement Corps said that Didi platform has "registered from other provinces and cities, and accepted orders in Shanghai". On the 5th, Didi responded that it had made a written explanation to the Municipal Transportation Commission for this situation, which was actually an illegal operation of scalpers and black industries. Didi had submitted a list of people and vehicles registered through this channel to the Transportation Commission as soon as possible as required. Didi said it has made a commitment to the Shanghai Municipal Transportation Commission: to investigate the illegal operations of Didi accounts by scalpers and black industries in other places on a monthly basis, and provide the inspection results to the Transportation Commission on a monthly basis. (China News Network)

　　6. Violations in Xigua Video, Beike House Search, Mango TV and other apps are reported

　　Recently, the public security organs in Guangdong Province have continued to carry out special actions to clean up and rectify apps that collect user information beyond the scope. In August, more than 250 apps have been monitored and found that there are behaviors of collecting user information beyond the scope. 42 apps including "Xigua Video", "Beike House Search" and "Mango TV" have prominent security issues such as reading user call records, text messages or MMS beyond the scope, collecting user address books, known accounts on user equipment, and using user equipment microphones beyond permissions. The Guangdong Provincial Public Security Bureau has reported the relevant monitoring situation to the Ministry of Public Security to inform the local public security bureau to carry out cleaning and rectification. (CCTV News)

　　7. Hu Xiaoming, President of Ant Financial: Technology is the greatest public welfare of this era

　　On September 5, Ant Financial President Hu Xiaoming revealed that Alibaba and Ant Financial have used cutting-edge technologies to charity and help rural poverty alleviation. It is understood that many public welfare products, including "reunion" and "Ant Forest", were developed by Alibaba engineers in their spare time. In the 2019 fiscal year alone, Alibaba engineers invested 100,000 hours in charity, with the highest number of one being more than 300 hours. (E-commerce News)

　　8. American supermarket company Kroger will launch its own artificial meat products

　　US supermarket company Kroger announced Thursday that it will launch its own meatless burger cake product to cater to the growing demand for plant-based meat alternatives, thus joining the "artificial meat" craze triggered by Beyond Meat. Kroger, who has previously started selling Beyond Meat’s faux meat burgers in his supermarkets, will now launch such products under his brand Simple Truth. (Sina Finance)

　　9. Facebook invested $10 million to launch the "Face Swap Video" detection challenge

　　According to foreign media reports, on Wednesday, local time in the United States, Facebook announced plans to invest $10 million to launch the DeepFake detection challenge with artificial intelligence (AI) partners, Microsoft and academia to stimulate innovation and make it easier to discover false content. The challenge will also launch a ranking list to select the top DeepFake detection systems. The DeepFake dataset will be released during the NeurIPS conference in Vancouver, Canada in December. (NetEase Technology)

　　Cross-border e-commerce

　　10.eBay Autumn 2019 Seller Update Officially Release

　　Recently, eBay announced the 2019 fall seller update, with some of the major changes that will have an impact on sellers.

　　In the eBay Fall 2019 Seller Update, eBay allows sellers to create Promoted Listings activities on mobile devices and allows authorized users to perform basic listing tasks in their seller accounts for more efficiency.

　　eBay is expanding access to Terapeak, a seller-center eBay insight tool, introducing new product details suggestions and requirements to help sellers optimize searches and simplify car and truck listing with vehicle pricing. (Hugo.com)

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