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E-commerce Morning News on December 19

2019-12-19

  #Laogao E-commerce News# [E-commerce Morning News on December 19] Pinduoduo's US stocks closed down 3.8% on Wednesday. Tencent Ren Yuxin made an internal speech: I hope Weishi's DAU will reach 50 million next year, WeChat's 7.0.10 internal beta version supports dark mode, 80% of clothing brands adopt Alibaba Cloud to transform into new retail, with an average increase of 24% in domestic products...

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  1. Shentong Express: The express service business revenue in November was 2.799 billion yuan, an increase of 38.06% year-on-year

  Shentong Express issued an announcement stating that the express service business revenue in November was 2.799 billion yuan, a year-on-year increase of 38.06%. The business volume was 855 million, an increase of 39.06% year-on-year. The single ticket revenue of express delivery service was 3.27 yuan, a year-on-year decrease of 0.91%. Performance is driven by favorable factors such as the continued growth of the e-commerce industry and the continuous improvement of company service quality. (36Kr News)

  2. 80% of clothing brands adopt Alibaba Cloud to transform into new retail, with an average increase of 24% in domestic products.

  At the second Alibaba ONE Business Conference, Xiao Lihua, vice president of Alibaba and general manager of Alibaba Cloud Intelligent New Retail Division, revealed that 80% of well-known clothing companies have cooperated with Alibaba Cloud, and its Chinese goods brands have risen, with an average revenue growth rate of 24%. As the first batch of strategic partners of Alibaba A100, Hongqiong, Yageo, etc. cooperated with Alibaba Cloud to build data middle platforms, smart stores, etc. This year, Tmall Double 11, Hongqiong's omni-channel single brand sales exceeded 380 million, ranking fourth in the shoe brand list. Yageo's entire network sales reached 124 million, an increase of 88.8% year-on-year. (36Kr News)

  3. FedEx: The company's business may turn around in 2021 and surpass Amazon

  "Thinking about the positive aspects of the current and future, we will start to surpass Amazon by 2021. We will stand out and will improve for the rest of the year until next year," FedEx Chief Financial Officer Graff said on a company call Tuesday night. FedEx has invested heavily in expanding its overland transportation services, operating seven days a week throughout the year. Graff said these investments, as well as “operational synergies” in Europe, will pay off in fiscal 2021. (Sina Finance)

  4. Pinduoduo's US stocks closed down 3.8% on Wednesday

  On December 19, US stocks closed on Wednesday, with Chinese stocks generally rising, with Qutoutiao rising 6.6%, Sohu rising more than 3%, Tencent ADR rising 1.6%, and Baidu and Alibaba rising about 0.7%. However, it may be affected by the storm of fake wine sales, Pinduoduo closed down 3.8% on Wednesday. Yesterday, Pinduoduo responded that the store involved in the platform had long been closed, and only 5 bottles of fake wine sold on the platform. If we follow Pinduoduo's statement, the rumored 2,000 fake bottles sold online would be a misinformation. (E-commerce News)

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  5. Liu Qing congratulates his father Liu Chuanzhi on his retirement on Weibo

  Yesterday, Lenovo Holdings issued an announcement stating that Liu Chuanzhi announced his resignation as chairman of Lenovo Holdings. Afterwards, Liu Chuanzhi's daughter and Liu Qing, who is also the president of Didi, posted a message on Weibo to congratulate her father on her retirement. She wrote: "Congratulations to the 75-year-old father for his glorious retirement. I wish the old man and the old lady a happy walk every day." At the same time, Liu Qing posted several photos with his father and other family members. (36Kr News)

  6. Apple, Google and Amazon form alliance: Create new unified standards for smart homes

  According to foreign media reports, Amazon, Google and Apple reached a partnership on Wednesday to create new standards for smart homes to make it easier for consumers to use. "The project is built on a common belief that smart home devices should be safe, reliable and seamless. The project is based on Internet Protocol (IP) to enable communication between smart home devices, mobile applications and cloud services, and defines a specific IP-based networking technology for device certification." (Sina Technology)

  7. WeChat 7.0.10 internal beta version supports dark mode

  According to the self-media "AppSo", WeChat 7.0.10 internal beta version supports dark mode. After installation, if the system has turned on dark mode, WeChat will also automatically adapt, but not all pages support dark mode, such as Game Center, Souyisou, etc., are not yet supported. Mini programs require developers to adapt, but the official has not updated the development documents yet. Currently, only Android users can experience this feature.

  8. Tencent Ren Yuxin's internal speech: I hope Weishi's DAU will reach 50 million next year

  At the Tencent employee conference, Ren Yuxin, the chief of Tencent COO and PCG, revealed Weishi's new goal in 2020, "I hope Weishi will reach 50 million DAU next year." At a performance summary meeting within Weishi on August 9, Ren Yuxin once stated to the team, "Weishi must continue to do it, and it must do better." (36Kr News)

  9. Xiaomi Wuhan Headquarters Industrial Park officially put into use

  On December 18, Xiaomi Wuhan Headquarters Industrial Park was officially put into use. Lei Jun, chairman and CEO of Xiaomi Group, said that he hopes to build Wuhan into Xiaomi's super-large R&D headquarters and a technological highland in the era of artificial intelligence in the next ten years. The goal set for Wuhan headquarters is to be able to accommodate 10,000 employees in the future. (Hubei Daily)

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  10. eBay will start commission-free activities for North American sellers' sports shoes category

  According to December 18, eBay recently announced that it will launch a one-month commission-free activity for North American sports shoe sellers who meet the requirements. It is reported that the event will exempt North American sellers from commissions for sports shoes of US$100 or above. The product categories are limited to men's and women's sports shoes, not including infant and child's sports shoes; in addition, the price of US$100 does not include handling fees, shipping fees, taxes and other fees. (36Kr news)


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