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November 15th E-commerce Morning News

2019-11-15

  #Laogao E-commerce News# [November 15 E-commerce Morning News Brief] Alibaba CEO Zhang Yong wrote to investors: Listing in Hong Kong is a new starting point for Alibaba; for the "Double Eleven" trademark, JD.com sued the Merchants Review Committee, Alibaba was listed as the third party in the lawsuit; Zhang Yong responded to the question of the transaction volume of Double 11: The occurrence of the entire consumption is natural; Zhang Yong commented on Li Jiaqi: "The No. 1 lipstick" represents a new way of consumption; Buffett reduced his holdings of 750,000 Apple shares in the third quarter, with 248 million shares left...

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  1. Alibaba CEO Zhang Yong wrote to investors: Listing in Hong Kong is a new starting point for Alibaba

  On November 15, Alibaba Chairman and CEO Zhang Yong issued a letter to investors today. He said that Alibaba launched its listing in Hong Kong today, which is a new starting point for the 20-year-old Alibaba.

  On the occasion of Alibaba's 20th anniversary in September this year, Alibaba announced its strategic overall goal for the next five years: to serve global consumers, including more than 1 billion Chinese consumers, creating a consumption scale of more than 10 trillion yuan. The long-term strategic goal is to serve 2 billion consumers around the world by 2036, create 100 million jobs, and help 10 million small and medium-sized enterprises make profits and a solid foundation for building. Zhang Yong pointed out that in order to achieve strategic goals, Alibaba will continue to firmly implement three major strategies: globalization, domestic demand, big data and cloud computing.

  He also said that when Alibaba first went public in 2014, he regretfully missed Hong Kong. "Hong Kong is one of the most important financial centers in the world. In the past few years, Hong Kong's capital market has undergone many encouraging major reforms. At the moment when Hong Kong society has undergone many major changes, we still believe in Hong Kong's bright future. We hope to contribute our own efforts and actively participate in the future construction of Hong Kong." Zhang Yong said in the letter. (Sina Technology)

  2. For the "Double Eleven" trademark, JD.com sued the Trade Evaluation Committee, Alibaba was listed as the third party in the lawsuit.

  On November 14, just after "Double Eleven", JD and Alibaba went to court for the "Double Eleven" trademark. JD applied to register five trademarks including "JD Double Eleven", but were declared invalid by the State Trademark Review and Adjudication Committee, so JD sued the Trademark Review and Adjudication Committee in court.

  This afternoon (November 14), the Beijing Intellectual Property Court held a trial of the case. Alibaba, which had successfully registered "Double Eleven", appeared as a third party in court to respond. (Beijing News)

  3. Zhang Yong responded to the question of the transaction volume of Double 11: The occurrence of the entire consumption is natural.

  According to news on November 14, at the 2019 "Looking at China" Thought Forum, Alibaba Group Chairman and CEO Zhang Yong said that what Double 11 values ​​most is the peak orders of 544,000 transactions per second and the technology behind them.

  Zhang Yong responded to the outside world's doubts about the transaction volume. He said that all brands, orders, payments, and parcels are digital, and the entire consumption process is natural. What's more, for the platform, reality is important. "I also saw someone talking about how good the fit is. In fact, this is not something that can be fitted. I also looked at the fitting specifically. Because Double 11 has developed to this day, it is also a reflection of the law." He emphasized that Alibaba hopes to do better and the numbers grow faster, but in the end, it will serve users with great care. (Sina Technology)

  4. Alibaba Double 11 "foodie" big data: Guangdong's consumption of nearly 1 billion yuan ranked first

  Alibaba announced the big data on eating on Tmall Double 11 in 2019: 7.52 million steaks, more than 35 million apples, 26.21 million sea cucumbers, 17 million kiwi fruits, etc. were sold in a day. On Tmall Double 11, Guangdong consumed nearly 1 billion yuan in "eating", while Jiangsu and Zhejiang ranked second and third, with 756 million yuan and 752 million yuan. Within 1 hour of Tmall Double 11: 620,000 boxes of claypot rice from the self-heated pot were sold; 3.3 million boxes of self-heated hot pot; 4.25 million bags of snail powder were sold in one hour. (36kr)

  5. Zhang Yong commented on Li Jiaqi: "The No. 1 Lipstick" represents a new way of consumption

  Regarding the popularity of live bloggers such as Li Jiaqi and Weiya, Zhang Yong, Chairman and CEO of Alibaba Group, said that consumption scenarios and sales scenarios are changing. The "No. 1 lipstick" represents a new consumption method. The changes behind such people, goods and markets reflect the changes in business. (First Financial Daily)

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  6. Buffett reduced his holdings of 750,000 Apple shares in the third quarter, with 248 million shares remaining

  On November 15, according to foreign media reports, Berkshire Hathaway, controlled by Warren Buffett, recently announced changes in its holdings in the third quarter, including a reduction of 750,000 shares of Apple shares to 248 million shares. The company's Apple shares held by the company were worth $55.7 billion as of the end of the quarter. But Apple remains the largest stock held by Berkshire Hathaway. (NetEase Technology)

  7. BIS: China used 142 electronic payments per capita last year

  According to the Hong Kong Economic Daily website on the 13th, data from the Bank for International Settlements (BIS) showed that China's total electronic payment volume increased by 48% in 2018, with 142 per capita use times. (Titanium Media)

  8. Weibo released its third quarter financial report for 2019: Daily active users were 216 million, a net increase of 21 million year-on-year

  On November 14, Weibo released its unaudited financial report for the third quarter of 2019. According to the financial report, Weibo's net revenue in the third quarter was US$467.8 million, a year-on-year increase of 2%; net profit attributable to Weibo was US$146.2 million, compared with US$165.3 million in the same period last year.

  In terms of revenue, advertising and marketing revenue was US$412.5 million, a year-on-year increase of 1%; value-added service revenue was US$55.3 million, a year-on-year increase of 9%.

  In terms of operational data, the number of monthly active users in September 2019 was 497 million, a net increase of about 51 million from the same period last year. About 94% of the monthly active users are mobile users. The average daily active users in September 2019 was 216 million, a net increase of about 21 million from the same period last year. (Titanium Media)

  9. Amazon protests US Department of Defense awards 10 billion contract to Microsoft: Assessment is biased

  On November 15, Amazon said on Thursday it had submitted a notice to the United States Court of Federal Claims, expressing plans to protest the US Department of Defense's decision to award a $10 billion cloud computing contract to Microsoft. (E-commerce News)

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  10. New ebay Australian site regulations: Provide buyers with more order tracking information

  It is reported that eBay Australia has introduced new regulations, which will add a unique identification code to the first line of the address bar of all orders.

  It is understood that the addition of this identification code applies to transactions where the item is located in Australia, and the delivery address must also be in Australia.

  eBay officially stated that the purpose of adding this identification code is to provide buyers with more tracking information to improve the buyer's shopping experience. In addition, this identification code also helps protect the seller if the buyer initiates a “item not received” request. (Hugo.com)


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