#Laogao E-commerce Newsletter# [May 2 E-commerce Evening News Brief]

　　#Laogao E-commerce Newsletter# [May 2 E-commerce Evening News] 1. JD.com spent HK$900 million to invest in China's logistics assets; 2. Belle X Tmall Smart Store Queen's Day drives sales of 10 million; 3. Cainiao opens the Hong Kong-Belgium intercontinental route, and European parcels can be delivered as soon as 5 days; 4. Xiaomi's boutique life e-commerce offline store officially landed; 5. Counterfeit brand cosmetics were investigated; 6. YTO bought land for 300 million to build an aviation headquarters...

　　E-commerce newsletter

　　1. JD.com spends HK$900 million to invest in China's logistics assets

　　China Logistics Assets announced that on April 27, the company entered into a subscription agreement with JD subscribers. The company has the conditions to agree to allocate and issue, while the JD subscriber has the conditions to agree to subscribe to 321 million shares, with a subscription price of HK$2.8 per share. The net proceeds from the subscription are estimated to be approximately HK$898 million. China's logistics assets are mainly engaged in the development, operation and management of logistics facilities in China, and acquire plots for development of logistics parks in daily and general business processes. (Source: Securities Times)

　　2. Belle X Tmall Smart Store Queen's Day drives sales of 10 million

　　In mid-April, 12 Belle footwear stores scattered in the core business districts of Wuhan began to connect to Tmall smart stores as a pilot of Tmall’s new retail. This is another performance after Belle reached a strategic cooperation in new retail with Tmall at the end of March. The Tmall smart store project uses Taobao membership code as the online entrance and uses payment interface to link online and offline consumer portraits and people-to-people matching data. Through brand numbers and digital stores, consumers provide consumers with products and content with thousands of faces, realizing store scenario empowerment. Ultimately, effectively utilize large traffic and help achieve final conversion - bringing customers into the store, purchasing, and even repurchasing. (Source: Lianshang.com)

　　3. Cainiao opens the Hong Kong-Belgium intercontinental route, and European parcels can be delivered as fast as 5 days

　　Cainiao announced today that it will open an intercontinental route direct to Hong Kong to Belgium. This is the second intercontinental route dedicated to e-commerce in the world after the Hangzhou-Moscow route. At this point, the logistics timeliness for Cainiao to Europe will generally be increased to about 5 days. According to reports, the Hong Kong-Belgium intercontinental route uses the Boeing 747-400F full cargo model with a load capacity of 100 tons. Currently, there are 2-4 flights per week, and will be increased to one flight per day in the future. (Source: 36kr)

　　4. Xiaomi’s boutique life e-commerce offline store officially launched

　　Xiaomi’s boutique life e-commerce Youpin’s world’s first offline store—“Youshengpinjian”, officially launched in Shanghai Qibao Vanke Plaza on April 28. Only one day later, the second store in the world of Youpinjian opened in Nanjing Friendship Plaza. Youshengpinjian’s first store covers ten popular categories such as travel, home furnishings, smart home appliances, clothing, daily chemicals, food, kitchens, babies, and groceries. Xiaomi may form two new retail columns in the future, including Shengpinjian and Xiaomi Home. (Source: Lianshang.com)

　　5. YTO buys land for 300 million yuan to build aviation headquarters

　　According to the announcement of the Hangzhou Land and Resources Bureau on April 19, YTO Express won the Aviation Headquarters Base of Hangzhou Xiaoshan Airport Logistics Park for a price of 304 million yuan, and is planned to be used to build YTO Aviation Headquarters and the Air Distribution Transfer Center. (36Kr)

　　6. My face hurts after seeing it! A large number of fake brand-name cosmetics were investigated, and your favorite "Crown Store" is your favorite

　　Recently, Shenzhen police cracked down on a criminal gang suspected of selling counterfeit brand cosmetics. Counterfeit cosmetics include blush, eye shadow, spray, sunscreen, etc., including counterfeit Shiseido and Incisive brands. Some counterfeit products have become moldy and some things are leaking. The police found that there was an online store with three crowns. (Source: Morning News)

A large number of fake brand-name cosmetics were investigated

　　Internet news

　　7. Xiaomi Meituan Didi... Chinese technology "unicorns" are rushing to go public

　　According to the Wall Street Journal, a large number of Chinese tech companies are accelerating their raising of funds from global capital markets, hoping to tap into investors' optimism about the industry and lock in the stock market's high valuation trend.

　　At least a dozen Chinese tech companies have negotiated with bankers and potential investors in recent months for an initial public offering (IPO) in the second half of this year or early 2019, according to people familiar with the matter. The companies are privately valued at about $500 billion.

　　If all of these transactions can go as planned, at least $50 billion worth of new stocks could hit the stock market, which would test investors' interest in China's expanding Internet consumer economy. When choosing to go public, companies usually sell 10% to 20% of their shares. (Source: NetEase Technology)

Xiaomi Meituan Didi...Chinese technology "unicorns" are rushing to go public

　　8. Facebook announces major updates: users will have the option to clear browsing history

　　According to foreign media reports, Facebook will release a new feature at the F8 developer conference held on Tuesday morning local time, allowing users to choose to refuse Facebook to collect their browsing history, which is the largest feature update for Facebook since the Cambridge Analytica data leak scandal broke out. (Source: NetEase Technology)

　　9. Didi Takeout responds to the plummeting orders in Wuxi: There is no basis for

　　Recently, many media reported that Didi Takeout orders in Wuxi, Jiangsu plummeted by more than 50%. At the same time, Didi riders' single remuneration has also been greatly reduced, and the system's orders have also dropped sharply. Not long ago, Didi Takeout's launch in Wuxi just kicked off the all-round competition of the three major takeout platforms, and "grabbing merchants, riders, and customers" has become a scenic spot in the takeout industry. Just three days after Didi Takeout was launched in Wuxi, it said it had ranked first in Wuxi's market share. Didi Takeout has not yet been launched nationwide, but it has already encountered a "Waterloo" in Wuxi. Why is Didi Takeout's "result" in Wuxi just a flash in the pan? (Source: China Radio and Television)

　　Cross-border e-commerce

　　10. Amazon opens a global store in China to launch a "Service +" plan

　　Amazon Global Store Opening China has launched a "Service +" plan to provide customized service solutions for Chinese sellers at all stages of entry, starting and growing cross-border e-commerce, helping them enhance their knowledge reserves of cross-border e-commerce, comprehensively improve store operation and business expansion capabilities, continue to grow and optimize sales performance. At present, "Service +" mainly includes three aspects: training, seller transformation consultation and exclusive account manager services, and all are officially provided by Amazon. (Yibang Power Network)

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