November 22 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [November 22 E-commerce Morning News Brief] Railway's "Double 11" e-commerce sent more than 30,000 tons of goods in 10 days, setting a record high; Cainiao joined hands with the express delivery industry to process 1.88 billion parcels in a week, digitalization and green became the biggest highlight; Ren Zhengfei's monthly salary was exposed in the 1990s, and Forbes said his wealth was 9.55 billion; Meituan: shared bicycles are the core investment area next year; the General Office of the State Council issued a notice on some holiday arrangements in 2020...

　　E-commerce newsletter

　　1. Meituan Wang Xing: Will continue to increase investment in retail business

　　On November 21, Meituan Dianping CEO Wang Xing said in the earnings call that in Meituan's new business, the grocery store business is constantly increasing pilot projects. Wang Xing also said that Meituan will continue to increase investment in retail business, which is based on Meituan's return on investment. In addition, Meituan will continue to invest in hotel management systems and distribution management systems, hoping to further help merchants from the supply side. (Tencent.com)

　　2. Railways' "Double 11" e-commerce shipped more than 30,000 tons of goods in 10 days, setting a record high

　　On November 21, it was learned from China National Railway Group Co., Ltd. that during the "Double 11" e-commerce Golden Week transportation from November 11 to 20, the railway department sent a total of 30,129.6 tons of goods, an increase of 38.6% year-on-year, and the volume of goods sent reached a record high. (Interface News)

　　3. Pinduoduo's stock price plummeted 23%, and founder Huang Zheng lost US$4.8 billion overnight

　　According to reports on November 21, due to revenue in the third quarter of 2019 lower than analysts' expectations and the loss amount expanded, Pinduoduo's stock price fell 23.13% after opening on Wednesday, US time, at $31.30 per share. In the end, Pinduoduo's stock price closed at $31.40 per share, down 22.89%, with a market value of $36.498 billion, falling below the $40 billion mark.

　　At the same time, the total personal assets of Pinduoduo founder, chairman and CEO Huang Zheng fell to US$16.3 billion, down US$4.8 billion. (Sina Technology)

　　4. Cainiao joins hands with the express delivery industry to process 1.88 billion parcels in a week, digitalization and greenness become the biggest highlights

　　November 21st news, Cainiao announced today that as of November 18th, Cainiao collaborated with logistics partners and used digital technology to help process 1.88 billion parcels generated by the whole society, once again breaking the world's logistics industry record and creating a new miracle in the commercial society and freight history.

　　It is understood that this year, Tmall Double 11 alone generated 1.292 billion logistics orders in one day. With another 250 million logistics orders added year-on-year, logistics has been significantly accelerated compared with last year: 100 million orders only take 8 hours to ship, 1 hour to speed up; 20 million import orders are cleared for more than 5 hours; 100 million orders are signed for only 2.4 days, 4 hours to speed up.

　　"Behind the magical curve of the larger the order quantity and faster the efficiency, the key is the power of technology." Cainiao introduced that over the past ten years, China's express delivery industry has made great strides towards digitalization and intelligence: warehouse intelligent supply chain prediction, robot operation, automatic assembly line, intelligent order division of the transfer center, last kilometer intelligent voice assistant, face scanning code to pick up parts in seconds, cross-border parcel intelligent order combination and second-level clearance, digital and intelligent technology has run through the entire logistics link, becoming the core engine that continues to set records.

　　"Faster", "smarter", and "green". Since Double 11, 40,000 Cainiao Stations and 35,000 express delivery outlets have become express carton recycling points. "Carton Recycling Day" enters urban communities such as Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou. As of November 20, more than 43 million people across the country have promised to join the Double 11 Green Action. (Chuangyebang)

　　Internet news

　　5. Ren Zhengfei's monthly salary was exposed in the 1990s, and Forbes said his wealth was 9.55 billion yuan.

　　On November 21, the BBC released the second episode of the documentary "Who is Huawei" "Double or Nothing". Ren Zhengfei revealed in it that in the 1990s, his monthly salary was more than 5,000 yuan.

　　Until now, the monthly salary of ordinary employees of Huawei is far more than 5,000 yuan, but in the 1990s, 5,000 yuan was considered a high salary. According to the latest Forbes China Rich List, Ren Zhengfei’s personal wealth has reached 9.55 billion yuan. (Titanium Media)

　　6. Google employees will rally to protest today to support suspended colleagues

　　According to foreign media reports, Google employees plan to hold a protest rally on the 22nd to support colleagues who were recently suspended, the latest sign of rising internal tensions in the tech giant.

　　Bloomberg News first reported on two Google employees who were suspended after being accused of obtaining information beyond their work. Another employee was also reportedly fired for media leaks. The two suspended employees had previously been involved in activist activities involving tensions within the company, and (and thus) employees accused the company of its suspension as retaliation against them. Google insisted that the two employees violated the relevant regulations on company information access.

　　"We ask Google to return these employees to work immediately," the statement announcing the protest said. The two employees, Rebecca Rivers and Lawrence Berlan, and protest organizers will speak at a protest outside Google's San Francisco office. (Sina Technology)

　　7. Twitter launches "Hide Reply" feature to users around the world

　　On November 22, according to Pinwan, citing TechCrunch, Twitter's "hidden reply" function is one of the biggest changes in how Twitter is used since the invention of Retweet, and has now been provided to Twitter's global user base.

　　It is reported that the feature was first tested in Canada in July, and then in September through web and mobile platforms in the United States and Japan.

　　"Hide Replies" aimed at balancing the comments on Twitter by making the original poster re-control which tweets are still visible, is one of Twitter's most controversial features to date. When the user chooses to hide replies, there are actually no replies removed from Twitter, but they are extra clicked. This means that insulting or other offensive comments won't dominate the reply list. (36kr)

　　8. Meituan: Shared bicycles are the core area of ​​investment next year

　　On November 21, Meituan Dianping emphasized in the third-quarter earnings call tonight that shared bicycles are the core investment area next year and will further enhance the supply chain capabilities of bicycles in the future. (Titanium Media)

　　9. The General Office of the State Council issued a notice on arrangements for some holidays in 2020

　　On November 21, the General Office of the State Council issued a notice on the arrangements for some holidays in 2020: ① New Year’s Day: On January 1, 2020, a total of 1 day. ② Spring Festival: The holiday will be adjusted from January 24 to 30, and there will be 7 days in total. Go to work on January 19th (Sunday) and February 1st (Saturday). ③ Qingming Festival: The holiday will be adjusted from April 4th to 6th, for a total of 3 days. ④ Labor Day: The holiday will be adjusted from May 1st to 5th, with a total of 5 days. Go to work on April 26 (Sunday) and May 9 (Saturday). ⑤ Dragon Boat Festival: The holiday will be adjusted from June 25 to 27, a total of 3 days. Go to work on June 28 (Sunday). ⑥ National Day and Mid-Autumn Festival: The holiday will be adjusted from October 1st to 8th, for a total of 8 days. (China Government Website)

　　Cross-border newsletter

　　10. eBay Europe launches new delivery options

　　eBay has launched new delivery options for European site sellers and has provided Australian parcel delivery service Sendle directly on the platform for the first time. It is reported that for the first time, eBay offers sellers a new shipping option, with the lowest shipping fee for same-city delivery at AUD 6 and the lowest delivery nationwide at AUD 7.03, and allows direct printing of Sendle tags from the eBay dashboard.

　　It is understood that eBay Australia has also recently launched new regulations, adding a unique identification code to the first line of the address bar of all orders, to provide buyers with more logistics information and protect the seller's legitimate rights and interests when the buyer initiates a "item not received" request. (Hugo.com)

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