November 28th E-commerce Morning News

　　#Laogao E-commerce Newsletter# [November 28 E-commerce Morning News] Wan Lin, President of Alibaba Cainiao: The platform has processed 60% of China's cross-border parcels, and the first "Pinduoduo Live" show is here! Kuaishou responded to "abandoning Pinduoduo and joining Alibaba": The news is untrue, and they are all partners. Tmall's "Double 12 Daily Cash Back" investment promotion: Registration will start on the 28th, and open up dividends of Yiwu merchants to expand new directions for customized overseas travel...

　　E-commerce newsletter

　　1. Wan Lin, President of Alibaba Cainiao: The platform has processed 60% of China's cross-border parcels

　　Cainiao President Wan Lin said, "The proportion of global cross-border parcels from the Chinese market accounts for 38%, of which 60% are processed by Cainiao Logistics Network Platform." He said that Cainiao has built a smart parcel network with more than 200 postal companies and express logistics companies around the world. The average daily cross-border parcel processing volume has accounted for more than 60% of China's total cross-border parcels. (Sina Technology)

　　2. The first show of "Pinduoduo Live" is here!

　　Just at 20 o'clock yesterday, "Xiaoxiaobao Mama" started its first live broadcast on the Pinduoduo platform. The live broadcast room has launched a total of 16 products, covering beauty, food and health care, daily chemicals and other categories. At 15 minutes of broadcasting, the number of people in the live broadcast room reached 15,000, and the number of people watching it after one hour exceeded 50,000. 【Yibang Power News】

　　3. Kuaishou responded to "abandoning Pinduoduo and joining Alibaba": The news is untrue, and they are all partners

　　According to the letter list, Kuaishou will conduct in-depth cooperation with Taobao to jointly create a short video e-commerce company. In response, Kuaishou responded that the media reported that "Kuaishou abandoned Pinduoduo and joined forces with Alibaba" and "Pinduoduo is not among the official support platforms of Kuaishou", are false news. Taobao, Tmall, Pinduoduo, JD.com, Youzan and Mojiu are all partners of Kuaishou e-commerce, and there is no deep binding cooperation with one of them. (Sina Technology)

　　4. Tmall's "Double 12 Daily Cash Back" investment promotion: Registration starts on the 28th

　　Tmall platform recently issued an investment announcement on the "Double 12 Daily Cash Back" in 2019. The registration time for merchants and products is from 0:00 on November 28 to 18:00 on December 11, 2011. The event will be held from 0:00 on December 12 to 24:00 on December 12. 【Yibang Power News】

　　Internet news

　　5. Tencent officially launched social products "Wu Ji"

　　Recently, Tencent officially launched a social product called "Youji", positioning it as: record your life seriously. The "Youji" App is developed by Shenzhen NetVision Technology Co., Ltd., and the heads of this company are Tencent vice president-level executives Wei Ying and Xie Qing. Users can browse friends’ daily little things, or record and share their lifestyle. (Tech Planet)

　　6. Lei Jun: Everyone will change to 5G mobile phones in the next 3-4 years, and 5G mobile phones will appear in 2021, 1,000 yuan.

　　Lei Jun said at the third quarter performance call that 5G mobile phones will appear in 2021, and more than 10 5G mobile phones are expected to be released next year. The penetration rate of 5G mobile phones in the Chinese market will reach 40%-50%; in the next 3-4 years, everyone will change to 5G mobile phones; Xiaomi has good cash flow and sufficient inventory, laying a good foundation for the start of the 5G business. (Sina Technology)

　　7. Xiaomi CFO responds to decline in mobile phone sales: caused by steady destocking

　　At the third quarter of 2019 performance call, in response to the year-on-year decline in Q3 mobile phone revenue and sales, Xiaomi CFO Zhou Shouzi said: "We are now in the switching period of 4G to 5G. The mobile phone market environment is under pressure. We have chosen to grow steadily, improve our profitability and cash reserves, and digest all the bad inventory. Therefore, we are in a very healthy period. In the 5G era, we are very confident. We are very good at bringing high-tech technology to the public. 5G mobile phones will be more expensive as soon as they come out, and our high-efficiency business model advantages can also be reflected. (Sina Finance)

　　8. Fengtu Technology, a subsidiary of SF Express, has obtained Class A surveying and mapping qualifications for navigation electronic map production

　　Fengtu Technology (Shenzhen) Co., Ltd., a technology company under SF Express Group, has been awarded the Class A surveying and mapping qualification of "Navigation Electronic Map Production" issued by the Ministry of Natural Resources. The Class A surveying and mapping qualification for navigation electronic map production is a necessary qualification for surveying and mapping companies to collect, produce and produce map navigation data. Currently, only 21 companies in the country have obtained it. Fengtu Technology currently provides full-process logistics map services to SF Express. (36Kr News)

　　9. 360 Finance's net profit in the third quarter was 760 million yuan, an increase of 18% year-on-year

　　360 Finance released its third-quarter financial report for 2019 as of September 30, with total net revenue of RMB 2.583 billion (approximately US$361.4 million), a year-on-year increase of 98%. Without following US General Accounting Standards, net profit was RMB 755.8 million (approximately US$105.7 million), an increase of 18% year-on-year. (Sina Technology)

　　Cross-border newsletter

　　10. Expand the dividends of the sinking market. New direction for customized overseas travel for Yiwu merchants

　　Driven by Alibaba International Station's "Global Industrial Belt Plan", as the "world's small commodity capital" and annual export volume reaches 200 billion yuan, millions of small and medium-sized enterprises are seeking a new growth space.

　　Alibaba International Station launched the "Digital Official Website 2.0" and the global intelligent marketing system at the Yiwu Cross-border E-commerce Summit, and launched the Yiwu Small Commodity Industry Belt Zone (hereinafter referred to as Yiwu Special Zone) and differentiated cross-border supply chain solutions for the characteristics of the Yiwu Industrial Belt. 【Yibang Power】

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