#Laogao E-commerce Newsletter# [E-commerce Morning News on February 21] JD.com will release its fourth quarter financial report for 2019 on March 2; JD Express launches a "Chinese Medicine Worry-free" service to help solve the difficulty of getting medicine; Forbes announced the top 50 blockchains: Ant Financial, Tencent, Baidu, etc. are on the list; Xiaomi, Huawei, and Tencent are selected as the "2020 Global Top 100 Innovation Institutions"; Eggshell provides three landlord rental-free plans...

E-commerce newsletter
1. JD.com will release its fourth quarter financial report for 2019 on March 2
On February 20, JD.com announced today that it will release its fourth quarter 2019 financial report before the opening of the US stock market on March 2, 2020 (evening March 2, Beijing time). After the financial report is released, the JD management team will hold an analyst conference call at 7 a.m. Eastern Time on March 2 (8 p.m. Beijing time on March 2) to interpret the financial report results and answer analyst questions. (E-commerce News)
2. Alibaba Health: A total of 3.6598 million shares were issued due to equity options
According to February 20, Alibaba Health issued an announcement today stating that from February 11 to February 19, 2020, the company issued a total of 3.6598 million shares due to the exercise of equity by employees (except directors). In addition, the company distributed and issued 29.2168 million award shares at face value on February 20, 2020 (due to the pre-ordered vesting of restricted share units granted), accounting for approximately 0.2426% of the existing issued share capital before the issuance. (Titanium Media)
3. JD Express launches "Chinese Medicine Worry-free" service to help solve the difficulty of getting medicine
According to the news on February 20, it was learned that in response to the many pain points in the current process of taking medicine, JD Express has launched the "Traditional Medicine Worry-free Shipping" project. At present, JD Express has achieved systematic connection with many traditional Chinese medicine companies including Lei Yunshang, and provides traditional Chinese medicine express services to patients in many hospitals such as Shanghai Hospital of Integrated Traditional Chinese and Western Medicine, Shanghai First People's Hospital, and Fourth People's Hospital. According to the specific timeliness requirements of users, the platform can also flexibly match the same city's instant delivery, the next morning delivery, etc. (E-commerce News)
4. JD Logistics launches Jingyi Network Freight Platform
February 20th news, JD Logistics recently held a press conference with China Automobile Brothers, China Automobile Research and Foton Daimler Automobile to launch the Jingyi Network Freight Platform. According to JD Logistics, any individual driver with relevant freight business qualifications can join through the registration and certification of downloading Jingyi App, and as an independent business entity, they will obtain the rights and interests of JD Logistics' source of goods procurement, distribution, and shipping. (E-commerce News)
5. Douyin and nine major museums launch "cloud travel" activity
On February 20, Douyin announced the launch of the "Cloud Tour of Museums at Home" activity, allowing users to visit the fine collections of famous museums across the country at home through live broadcasts and videos. According to Douyin, the event was guided by the State Administration of Cultural Heritage. The first batch of nine first-level museums in China were participating in the cooperation, including the National Museum of China, Dunhuang Research Institute, Nanjing Museum, Hunan Provincial Museum, Zhejiang Provincial Museum, etc. The audio, video and VR treasured in these museums will be connected to Douyin for netizens to browse online. At present, the event has been launched on Douyin, and the first live broadcast will start at 7 o'clock tonight, with the National Museum bringing the "Zheng Gu Zejin-Oracle Culture Exhibition". Users can search for the "Museum" on TikTok to enter the event page. (E-commerce News)
Internet news
6. YTO Express: A reminder announcement on the early redemption of “YTO Convertible Bonds”
On February 21, YTO Express issued a reminder announcement on the early redemption of "YTO convertible bonds". YTO said that from January 2, 2020 to February 20, 2020, the closing price of the company's stock for 15 trading days for thirty consecutive trading days is not less than 130% (13.95 yuan per share) of the current conversion price of "YTO convertible bond", which has triggered the redemption clause of "YTO convertible bond". On February 20, 2020, the 5th meeting of the 10th Board of Directors of the Company reviewed and passed the "Proposal on the Early Redemption of "Yotong Convertible Bonds"", agreeing that the company should exercise the right of early redemption of "Yotong Convertible Bonds" and redeem all "Yotong Convertible Bonds" registered on the redemption registration date. (E-commerce News)
7. Forbes announced the top 50 blockchains: Ant Financial, Tencent, Baidu, etc.
On February 20, Forbes announced the second issue of the Blockchain 50 list, with five Chinese companies including Ant Financial, Tencent, Baidu, CCB, and Foxconn on the list. In addition, the companies listed on the list include Amazon, BMW, Daimler, Google, IBM, Microsoft, Samsung, Walmart, etc. (Huaxia Times)
8. Xiaomi, Huawei and Tencent were selected as the "2020 Global Top 100 Innovation Institutions"
On February 20, Clarivian, a global professional information service provider, released the report "Derwinter 2020 Top 100 Innovation Institutions in the World". The report selects the world's most innovative institutions based on indicators such as quantity, quality, impact of results, and global protection of invention patents. Xiaomi has been included in the list for the second time with its rapid growth in patent applications in recent years. This year, including Xiaomi, only three mainland Chinese companies were selected for the list, namely Xiaomi, Huawei and Tencent, which is the first time this year. It is worth noting that among the industry distribution of institutions on the list, the hardware and electronics industry ranked first among all industries with 38 institutions on the list, an increase of 3 from last year. The manufacturing and pharmaceutical sectors followed closely with 16 institutions on the list, while the telecommunications and software industries each had 8 institutions on the list. Clarivian said that the institutions that selected the list have obtained at least 100 invention patents authorized in the past five years (and the total number of applications is no less than 500). Innovation achievements must have sufficient downstream influence and are frequently cited by other institutions. At the same time, it must also have global patent operations. (Lieyun.com)
9. Eggshell gives three landlord-free plans
February 20th news, Eggshell Apartment said today that it will launch the "Eggshell Landlord Support Plan". The landlord logs into the Eggshell Apartment App, click "My" in the lower right corner to enter the page, and make choices based on your own situation and wishes. The plans are: return one month’s rent when the contract expires. The one-month rent supported by the landlord during the epidemic will be returned at the end of the contract; one-month rent will be returned in installments. During the epidemic, the one-month rent supported by the landlord will be refunded in a monthly basis during the remaining lease period of the contract; the half-month rent-free period of Eggshell is supported. The remaining rent for this period will be paid within 15 working days from the payment date agreed in the contract. (Pinwan)
Cross-border newsletter
10. Foreign media: Amazon may suffer huge losses due to the epidemic
On February 20, according to Seller Home citing foreign media reports, Amazon is one of the large companies hit by the new coronavirus epidemic. Amazon may suffer huge losses due to the epidemic. It is reported that in order to alleviate potential losses caused by the epidemic and prepare for possible supply chain disruptions, Amazon is storing Chinese products and increasing imports of Chinese-made products. In addition, it has posted suggestions on its Chinese website to help sellers cope with the market impact caused by the epidemic. Due to the impact of the epidemic, many factories in China have delayed their resumption of work, and the production efficiency of large enterprises has also declined. 40% of Amazon's US market sellers come from China. Therefore, Amazon said it could suffer huge losses as China's economy, transportation and other infrastructure are affected. However, its logistics has not been affected by the epidemic. (E-commerce News)
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