#Laogao E-commerce Newsletter# [May 4 E-commerce Evening News Brief]

　　#Laogao E-commerce News# [May 4 E-commerce Evening News Brief] 1. Guo Xiaomei refuted the rumors that "project stranded" rumor: the facts are seriously distorted and the source is unknown; 2. 79 homemade beverage stores including Gongcha, Heytea, Starbucks were inspected; 3. Signed a contract with Delis Suning to make another victory in the fresh food market; 4. Bezos: Don't regret not trying it for failure, it's regretful; 5. Alibaba investors lack confidence: the market value evaporated by US$60 billion...

　　E-commerce newsletter

　　1. Guo Xiaomei refuted the rumors that "project stranded": the serious distortion of facts is unknown

　　On May 4, a big e-commerce V broke the news that the unmanned shelf entrepreneurship project Guo Xiaomei has been stranded, and its founder is "Huikong" Yan Limin, the former head of Alibaba Juhuasuan. Guo Xiaomei then issued an official statement saying that the important notice of Guo Xiaomei circulating on the Internet was not done by Guo Xiaomei, which seriously distorted the facts and was unknown, which had an adverse impact on the company. (Source: Lianshang.com)

Guo Xiaomei refuted the rumors that "project stranded": the serious distortion of facts is unknown

　　2. 79 homemade beverage stores including Gongcha, Heytea, Starbucks were inspected

　　Starting from now on, the Beijing Food and Drug Administration will launch a special rectification of summer food safety in the city. The first round of focus will be on special supervision and inspection of homemade drinks in the city. Up to now, more than 1,700 stores have been inspected, including scenic spot exhibitions and "Internet celebrity" stores. Among them, 132 operators were ordered to make rectification within a time limit, and 79 were punished on the spot or filed for investigation. Yesterday afternoon, law enforcement officers from Chaoyang District Food and Drug Administration conducted a surprise inspection of Heytea and Ice House, two "Internet celebrity" stores in Sanlitun Village. During the inspection of the ice hall, the law enforcement officers found that the store’s purchase ledger was incomplete, and the sales staff did not cover their mouths and noses, and ordered the merchant to make rectifications. At the Heytea shop, law enforcement inspectors drew two fruit teas, mango and strawberry, on the spot. (Source: Beijing Morning Post)

　　3. Signing the contract with Delis Suning to take another city in the fresh food market

　　Yesterday, Suning Retail Group and Shandong Delis Food Co., Ltd. signed a joint business plan for 2018. The two parties will cooperate more closely in expanding the online and offline sales scale and channels of pork, beef and other meat products, and creating differentiated high-quality products, and work together to provide consumers with better products and services.

　　It is reported that the fresh food market, including meat, is one of the areas that Suning focuses on this year. Not long ago, at the launch of Suning.com's strategic layout of fast-moving consumer goods, Bian Nong, vice president of Suning Retail Group, proposed to achieve the ultimate online and offline O2O fresh food channels in the next three years. (Source: Yibang Power Network)

　　4. Bezos: Don't regret not trying for failure.

　　According to CNBC, Jeff Bezos, founder and CEO of the e-commerce giant Amazon and Rockets company BlueOrigin, said in an interview recently: "When you are old and look back on your life, you may not regret failure, but you have never tried it but will leave you with lifelong regret."

　　Bezos recently said in an interview with Mathias D?pfner, CEO of German newspaper giant Axel Springer: "When you reflect on the things you regret when you are 80, they are almost always things you have not done. They are omissions. You may rarely regret the failures you have done, but things you have never tried will make you feel regretful." (Source: NetEase Technology)

　　Internet news

　　5. Xiaomi's overseas market sales accounted for 28% of the total revenue

　　According to May 3, Xiaomi submitted a listing application to the Hong Kong Stock Exchange today. The prospectus shows that Xiaomi's overseas sales reached 32.1 billion yuan, accounting for 28.0% of Xiaomi's total revenue.

　　Xiaomi's products have entered more than 74 companies and regions around the world. Compared with the overseas market revenue of 9.1 billion yuan in 2016, Xiaomi's overseas market sales reached 32.1 billion yuan in 2017, accounting for 28.0% of Xiaomi's total revenue.

　　Xiaomi said it will expand Xiaomi's business model overseas and localize it. Its Indian smartphone ranking has now become number one. (Source: NetEase Technology)

　　6. Li Yanhong’s speech on the 120th anniversary of Peking University: Will he donate more? Must be

　　Baidu founder and CEO Robin Li said today that Peking University in the 1980s was full of idealism and family and country feelings. During his study period, the school began to advocate "applying what you have learned" and "market-oriented", and Robin Li began to pay attention to the Internet and new technologies. Peking University was his ideal starting point for studying abroad and entrepreneurship. Previously, Robin Li donated 660 million yuan to Peking University and established the Baidu Peking University Fund, becoming the largest single donation for this year's Peking University anniversary. (Source: Pengpai)

　　7. Gree Electric Appliances received an increase of 1.23 million yuan from two executives, and Dong Mingzhu has been squeezed out of the top ten shareholders

　　On May 3, data from the official website of the Shenzhen Stock Exchange showed that Huang Hui, director of Gree Electric Appliances (000651), and Tan Jianming, vice president, both bought their own company's shares on May 2. Huang Hui bought 5,000 shares, with an average transaction price of 44.88 yuan; Tan Jianming bought 22,400 shares, with an average transaction price of 45 yuan.

　　Although Gree Electric Appliances' stock price hit a stage high at the end of January and entered a downward trend, in the first quarter of this year, Gree Electric Appliances still received increased holdings from institutions, and Gree Electric Appliances' chairman Dong Mingzhu was also squeezed out of the top ten shareholders. (Source: Tencent Technology)

　　8. Global AI chip company list: Huawei ranks 12th and is the strongest in mainland China

　　Recently, the latest research results released by market research consultant company Compass Intelligence show that among the top 15 artificial intelligence (AI) chip companies in the world, the top three are Nvidia, Intel and NXP, with Apple ranking 8th and Samsung 11th; Huawei ranked 12th, becoming the strongest chip manufacturer in mainland China.

　　Research results show that in the past three years, major companies have acquired AI and AI startups and have invested in AI in total more than US$60 billion in R&D and investment in AI. At present, there are about 1,700 AI startups, and the industry's demand for AI chipsets is gradually expanding. (Source: Tencent Technology)

　　9. Alibaba investor confidence: market value evaporates US$60 billion

　　According to noon on May 4th, Beijing time, as profit and revenue growth slowed down, Jack Ma's shopping carnival began to approach Alibaba's bottom line. Investor dissatisfaction has evaporated the company's market value by $60 billion.

　　Alibaba Group is expected to see its first profit decline in a year and a half - due to the combined main loss-making businesses and expanded spending against Tencent's competitive pressure in the retail and payments sectors. While revenue is expected to grow 53% to RMB 59 billion (about US$9.3 billion), it is actually the smallest increase in seven quarters. (Source: Sina Technology)

　　Cross-border e-commerce

　　10. The cross-border e-commerce market size has increased by 49.6%, and genuine product guarantee is still the core

　　The dividends of the cross-border e-commerce industry are constantly emerging. On May 3, iResearch released a research report on the development of China's cross-border import retail e-commerce industry. The report showed that in 2017, the market size of China's cross-border import retail e-commerce industry was approximately 111.34 billion yuan, a year-on-year increase of 49.6%. Analysts believe that cross-border e-commerce innovation models are constantly being made, and offline retail stores and artificial intelligence applications improve user experience. The layout of cross-border e-commerce offline retail stores is also an important direction for recent development, but due to the particularity of cross-border commodity taxation and purchase policies, there are many difficulties in the layout of cross-border e-commerce offline stores. (Source: Beijing Business Daily)

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