#Laogao E-commerce Newsletter# [October 31 E-commerce Morning News Brief] Tmall Double 11: Alibaba's "risk control brain" security AI is fully applied for the first time; Suning.com disclosed its annual active user indicator for the first time to increase by 48.29% year-on-year; it is rumored that Alibaba may go public in Hong Kong in November to raise up to US$15 billion; QuestMobile: Short video e-commerce has become the mainstream consumption model; eBay and Shanghai Huangpu District Commerce Committee promote the further development of cross-border e-commerce exports...
E-commerce newsletter
1. JD Logistics and international logistics giant Agility signed a memorandum of cooperation
On October 30, JD Logistics signed a memorandum of cooperation with international logistics giant Agility. According to the memorandum, JD Logistics and Agility will carry out e-commerce and logistics cooperation in four world-wide potential e-commerce markets including Southeast Asia, the Middle East, Europe, and Africa. At the same time, JD Logistics will also help Agility and its partners expand their e-commerce business in China and improve supply chain efficiency. (E-commerce News)
2. Cainiao Network Liu Zheng: Logistics digitalization will redefine supply chain and finance
On October 30, Cainiao Network CFO Liu Zheng said that when the logistics industry reaches a certain stage of digitalization, it will definitely redefine the supply chain and financial services. In the B2C field, excellent companies that have emerged in mature markets have been cultivated through e-commerce have developed rapidly through fine operations. In more traditional fields such as 2B, operations are still highly decentralized and there is a long way to go to digitalization. (Lianshang.com)
3. Tmall Double 11: Alibaba's "risk control brain" security AI is fully applied for the first time
On October 30, 200,000 brand merchants collectively gave concessions to Tmall Double 11 event, and Alibaba will launch the "risk control brain" to fully escort it. It is understood that this is the first time that Alibaba's "risk control brain" has fully applied security AI capabilities in Tmall Double 11 scenarios, and wants to ensure that 10 billion subsidies truly benefit consumers, protect the rights and interests of merchants and platforms, realize automatic decision-making, intelligent confrontation, real-time processing, and accurately identify black and gray industry behaviors. (E-commerce News)
4. Shentong's net profit in the third quarter of 2019 was 273 million yuan, a year-on-year decrease of 63.23%.
According to reports on October 30, Shentong released its third quarter financial report for 2019, of which, the financial report showed that operating income was 5.785 billion yuan, a year-on-year increase of 29.67%; net profit was 273 million yuan, a year-on-year decrease of 63.23%; basic earnings per share was 0.18 yuan, a year-on-year decrease of 63.27%. The express delivery business volume in the third quarter was 2.036 billion pieces. (Yiou.com)
5. Suning.com disclosed its annual active user indicator for the first time to increase by 48.29% year-on-year
According to October 31, Suning.com released its third-quarter report last night. Data shows that as of September 30, the number of registered members of Suning.com retail system reached 470 million, and the number of annual active users increased by 48.29% year-on-year. It is understood that this is the first time that Suning.com has disclosed annual active user indicators, but only disclosed the growth rate. In other aspects, Suning.com achieved operating income of 201.09 billion yuan in the first three quarters, a year-on-year increase of 16.21%; net profit attributable to shareholders of listed companies reached 11.9 billion yuan, a year-on-year increase of 94.28%. (Phoenix Finance)
Internet news
6. It is said that Alibaba may raise up to US$15 billion in listing in Hong Kong in November
According to foreign media reports, sources revealed that Internet giant Alibaba may restart its IPO plan in Hong Kong as early as November this year, raising up to US$15 billion. It is understood that Alibaba went public in the United States in the early years because of restrictions on companies with "same shares and different rights" by domestic exchanges. In recent years, the Hong Kong Stock Exchange has gradually adopted an inclusive attitude towards companies with "same shares and different rights" and Internet companies such as Xiaomi and Meituan have been listed in Hong Kong. Alibaba was planning to list on the Hong Kong Stock Exchange at the end of August, but it was postponed for some reason. (Sina.com)
7. Reputation Ele.me released the "2019 Local Life Service Industry Small and Medium Merchants Development Report"
On October 30, Ele.me released the "2019 Local Life Service Industry Small and Medium Merchants Development Report". The report shows that since the beginning of this year, Ele.me has more than 1 million small and medium-sized merchants "online" and become active merchants. More and more small and medium-sized merchants are also beginning to try to build a membership system and look forward to brand new digital tools. (Lieyun.com)
8. QuestMobile: Short video e-commerce becomes the mainstream consumption model
10月30日消息，QuestMobile 发布2019中国移动互联网秋季大报告，报告显示，众多内容形态中，短视频最为吸引用户注意力，领跑全网时长增长，人均使用时长增长显著，收获到最多下沉市场年轻人群的流量红利。同时，约四成用户因观看短视频内容产生过消费行为，其中女性、下沉市场更容易受短视频内容影响产生购买行为。（亿邦动力）
Cross-border newsletter
9. eBay joins hands with Shanghai Huangpu District Commerce Committee to promote the further development of cross-border e-commerce exports
On October 30, eBay and the Shanghai Huangpu District Commerce Committee held a memorandum signing ceremony and a docking meeting for the construction of a cross-border e-commerce innovation platform at the Shanghai Grand Theater today. Since launching cross-border e-commerce business, Shanghai has been the core of eBay’s decision-making in Greater China, and the eBay’s Greater China headquarters has always been located in Huangpu District, Shanghai. (Sina Finance)
10. Cross-border e-commerce platform Shopify's Q3 financial report in 2019
On October 30, the cross-border e-commerce platform Shopify's Q3 financial report for 2019. The financial report showed that Shopify's third-quarter revenue increased by 45% year-on-year to US$390.6 million, far higher than the revenue expectations of US$377 million to US$382 million. But operating expenses rose 39% year-on-year, from $181 million a year ago to $252 million. Operating losses expanded from $31.4 million in the third quarter of 2018 to $35.7 million in the third quarter of 2019. (E-commerce News)
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