E-commerce Evening News on December 30

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on December 30] Ministry of Commerce: E-commerce poverty alleviation achieves full coverage of poor counties in 2019; Alibaba data: post-90s become the main consumer force, buying more than 70% of Taobao charity treasures; the most popular Asian stocks in 2019: Alibaba ranks first; Tencent Financial Management Post-90s report: Wechat business has become one of the three major sources of out-of-salary income; Tongcheng Tourism: It is expected that 450 million people will travel during the 2020 Spring Festival Golden Week...

　　E-commerce newsletter

　　1. Ministry of Commerce: E-commerce poverty alleviation achieves full coverage of poverty-stricken counties in 2019

　　On December 30, at the National Business Work Conference held today, a relevant official from the Ministry of Commerce introduced that in 2019, my country's comprehensive demonstration project for e-commerce in rural areas added 94 new poor counties, achieving full coverage of 832 national-level poor counties. According to Guo Tingting, Director of the Finance Department of the Ministry of Commerce, the comprehensive demonstration has served more than 10 million poor people in total, driving more than 3 million poor people to increase their income. In addition, there are 21 e-commerce poverty alleviation channel enterprises, connecting with more than 600 poor counties. (E-commerce News)

　　2. Taobao’s first-level entrance has added a column for agricultural poverty alleviation and poverty alleviation, “Garden Food”

　　According to December 30, it was learned that today, Alibaba announced that it would open a poverty alleviation column "Garden Food" at the Taobao level entrance of mobile phones. The mini program has functional sections such as poverty alleviation hall, food Juhuasuan, brand traceability, and village broadcasts. According to Alibaba, the poverty alleviation center will drain agricultural products for stores in 832 poor counties, and mainly promote the products of stores in poor areas. At present, the poverty alleviation museum page has a total of 18 poor counties including Li County, Gansu, Huaian County, Hebei, Leishan County, Guizhou, etc. (Sina Technology)

　　3. Alibaba data: The post-90s become the main consumer force, buying more than 70% of Taobao charity treasures

　　On December 30, Taobao and Tmall announced a tribute to the nine 2019 figures of the year on the platform, and the "post-90s" were selected. Alibaba data shows that the post-90s generation became the main consumer force in China in 2019, and their favorite products are teeth whitening devices, ear-hanging coffee and mobile air conditioners; the consumption of Hanfu among the post-90s generation has increased by more than 40 times in a year. In addition, the post-90s generation bought more than 70% of Taobao charity treasures. According to data released by Taobao, in 2019, Alibaba's "Public Welfare Baby" plan has exceeded 9.8 billion donations throughout the year, and more than 470 million shoppers participated in the donation, more than 2.52 million merchants, and the total donation amount exceeded 430 million yuan. (Securities Times)

　　4. Suning Retail Cloud's 4800th store opened in Xiong County, Baoding, Hebei Province

　　On December 30, Suning Retail Cloud's 4,800th store in the country was officially opened in Xiong County, Baoding City, Hebei Province. The Suning.com Selected store is also Suning Retail Cloud's 200th store in Beijing. It is understood that the first batch of Suning Retail Cloud stores officially opened in September 2017, and currently 4,800 stores have covered 31 provinces. (E-commerce News)

　　5. Xiaoxiong U-Rent reaches strategic cooperation with Tencent Co-creation Space

　　On December 30, Tencent Chuangchuang Space and Xiaoxiong Uzu Le reached a strategic cooperation recently. Xiaoxiong Uzu Le has become a designated IT office equipment operation partner of Tencent Chuangchuang Space. Both parties will jointly provide support for the growth of small and medium-sized enterprises. It is understood that early this month, there were reports that IT office equipment operator Xiaoxiong U Leasing completed a C round of financing of tens of millions, with Tencent being the only investor. After this round of financing, Xiaoxiong U Rental will be valued at more than RMB 2 billion. (E-commerce News)

　　Internet Information

　　6. The most popular Asian stocks in 2019: Alibaba ranked first

　　According to Refinitiv data, Alibaba is the most popular Asian stock in 2019. Among the 48 analysts tracking Alibaba's New York listed stocks, 47 gave the stock a "buy" or "strong buy" rating. In addition, Tencent Holdings ranked second in the most popular Asian stocks in 2019. As of now, Alibaba's US stock price is $215.470, with a total market value of $578 billion. (Pengpai News)

　　7. Tongcheng Tourism: It is expected that 450 million people will travel during the 2020 Spring Festival Golden Week

　　According to December 30, Tongcheng Tourism recently released the "2020 Spring Festival Golden Week Residents' Tourism Consumption Trend Report", which proposed that the number of tourists traveling in the seven-day Golden Week of the Spring Festival in 2020 is expected to be around 450 million, of which on January 26 (the second day of the Lunar New Year), the passenger flow of major tourist attractions in the country will reach its highest peak. In addition, report data shows that Beijing, Sanya, Kunming, Harbin and Lijiang are the top 5 most popular domestic travel destinations during the Spring Festival Golden Week. (E-commerce News)

　　8. Tencent Financial Management Post-90s Report: Wechat business has become one of the three major sources of non-salary income

　　The "Post-90s Financial Management and Consumption Report" released by Tencent Financial Management and Penguin Think Tank shows that most of the post-90s believe that life is under pressure, and the higher the education level, the greater the pressure. Investment and financial management income is the most common source of non-payment income for post-90s, followed by parent subsidies and micro-business operations. In terms of financial management behavior, 84.5% of post-90s people choose Internet platforms for financial management, while post-90s people in new first-tier cities such as Changsha and Chengdu prefer financial management through the Internet. (21 Finance)

　　9. Jiang Cong: Xiaomi TV has achieved its goal of 10 million units in the Chinese market in 2019 ahead of schedule

　　36Kr learned that Jiang Cong, general manager of Xiaomi China sales and operations, announced on Weibo that Xiaomi TV has achieved its goal of 10 million units in the Chinese market in 2019 ahead of schedule (36Kr)

　　Cross-border e-commerce

　　10. South Korea Lotte closes Vietnam online market

　　Recently, South Korea's Lotte Group (Lotte) announced the closure of Lotte.vn), an online trading platform focusing on Vietnam, saying that its retail strategy has changed. In a notice sent to merchants this week, Lotte Group said the market will close on February 20, 2020 and merge with SpeedL.vn. SpeedL.vn is an e-commerce website that sells products in Lotte physical supermarkets in Southeast Asian countries. Lotte attributes the move to a shift in its model to “new retail,” a term created and promoted by Chinese e-commerce giant Alibaba, referring to the blurred boundaries between online and offline retail. (Hugo.com)

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