#Laogao E-commerce Newsletter# [E-commerce Evening News on July 21] 1. Ma Huateng surpasses Wang Jianlin to become the second richest man in China; 2. Free shipping for Beijing over 88 yuan will no longer be limited to other cities; 3. Everyday Express counterattacks JD.com and urgently complain to the State Post Bureau; 4. Mr. Jack Ma gave a lecture in Africa: Chinese corporate experience can help African youth start businesses; 5. E-commerce giant Alibaba intervenes in Xianyu to layout offline used car 4S stores.

1. Ma Huateng surpasses Wang Jianlin to become the second richest man in China
On July 21, real-time data from Forbes Rich List showed that Ma Huateng surpassed Wang Jianlin with a net worth of US$33.7 billion, becoming the second richest man in China after Jack Ma. Ma Huateng's rise in ranking is due to Tencent's stock price hitting new highs. On July 20, Tencent Holdings (00700.HK)'s share price once hit the HK$300 mark, setting a record high (after the stock split). As of the close of the day, Tencent Holdings' share was HK$297, down 0.34%, with a market value of HK$2.8 trillion (approximately US$360.5 billion). (Source: Daily Economic News)
Comment: Tencent Empire is becoming more and more powerful.
2. Free shipping for Tmall Supermarket in Beijing for 88 yuan will no longer be limited to the limit. It will be promoted to other cities.
On July 21, Tmall Supermarket announced today that it would lift the weight limit in Beijing. As long as you buy it for 88 yuan or more, no matter how much it is, there is no need to increase the shipping fee. The courier at Tmall Supermarket will deliver the goods to your home for free. Previously, Tmall Supermarket implemented a free shipping fee of 88 yuan in Beijing and a weight limit of 50 kilograms. Although it met the needs of most consumers, if you buy a large number of heavy goods such as alcohol, beverages, rice,