E-commerce Evening News Briefing on March 31

　　#Laogao E-commerce News# [E-commerce Evening News on March 31] Pinduoduo: Some long-term investors subscribed to US$1.1 billion in targeted share issuances; Liu Qiangdong stepped down as general manager of Suqian Daxinjunhe Information Technology Co., Ltd.; Luo Yonghao's first live streaming product selection: Xiaomi 10, Anmuxi yogurt, etc.; due to the impact of the epidemic, the US retail industry has temporarily laid off more than 500,000 employees; Amazon responded to the firing of workers who went on strike due to the epidemic: they violated social distancing rules...

　　E-commerce newsletter

　　1. JD Zhizhen Chain Anti-counterfeiting Traceability Platform has been connected to more than 800 brand manufacturers

　　According to the "Science and Innovation Board Daily", the "2020 Blockchain Traceability Service Innovation Service Innovation Report" jointly released by China Europe Prolos and JD Digital today shows that as of the end of 2019, there were more than 800 cooperative brands on the JD Zhizhen Chain anti-counterfeiting traceability platform, more than 70,000 products, more than 6.5 million after-sales user visits and inquiries, and more than 1.3 billion traceability data fell into the chain. It is reported that the platform mainly provides enterprises with the full-process traceability of product circulation data, so as to realize the anti-counterfeiting, quality traceability of products, and recall and responsibility definition when major security issues arise. (E-commerce News)

　　2. Pinduoduo: Some long-term investors subscribe to US$1.1 billion in targeted share issuances

　　On March 31, Pinduoduo announced today that some long-term investors have agreed to purchase a total of US$1.1 billion of new Class A common shares of the company through targeted share issuance, accounting for approximately 2.8% of the total number of shares issued by the company. The transaction is expected to be completed in early April 2020. According to the recent financial report released by Pinduoduo, Pinduoduo achieved revenue of 30.14 billion yuan in 2019, a year-on-year increase of 130%; under non-general accounting standards, the net loss attributable to common shareholders was 4.27 billion yuan. (Beijing News)

　　3. Industrial and Commercial Bank of China and Ant Financial start QR code recognition and mutual scanning cooperation

　　On March 31, Industrial and Commercial Bank of China and Ant Financial announced that the two sides have started cooperation in mutual recognition and scanning of QR codes. They have taken the lead in pilot projects in many cities such as Hangzhou, Chongqing, and Guangzhou. They will be gradually promoted to more cities. ICBC has also become the first state-owned bank to reach mutual recognition and scanning of QR codes with Alipay. According to reports, pilot customers can complete payment by scanning the Alipay payment code using the ICBC eLife App. In the future, the scope of cooperation will be further expanded to merchant code payment, and the scope of application will be further expanded to the ecosystems of ICBC Rong EBank, Rong ELian and other ecosystems. (Sina Technology)

　　4. Liu Qiangdong stepped down as general manager of Suqian Daxinjunhe Information Technology Co., Ltd.

　　According to news on March 31, Tianyan Check information showed that on March 30, Suqian Daxinjunhe Information Technology Co., Ltd. underwent industrial and commercial changes, and Liu Qiangdong resigned as general manager of the company, and his assistant Zhang Yun resigned as legal representative and executive director. All of the above positions were taken over by Shen Jian. At the same time, Li Yayun resigned as supervisor and added a new supervisor Ding Yongsheng. Suqian Daxinjunhe Information Technology Co., Ltd. was established in 2017 with a registered capital of RMB 1 million. Its business scope includes computer software research; technology development, technology promotion, technical services, etc. in the Internet field. According to Tianyan Check shareholder information, the company is wholly owned by Suqian Yuyan Logistics Co., Ltd. (E-commerce News)

　　5. New smart warehousing equipment and other business scope of Ele.me affiliated companies

　　According to the news on March 31, Tianyan Check data showed that on March 27, Ele.me's affiliated company Lazas Network Technology (Shanghai) Co., Ltd. had a change in its business scope, adding new warehousing services (except dangerous goods), smart warehousing equipment, smart robot sales, etc. According to information, Lazas Network Technology (Shanghai) Co., Ltd. was established in September 2011 with a registered capital of 37 billion yuan. The legal representative is Wang Lei, a partner of Alibaba Group and president of Alibaba Local Life Services Company. TechWeb)

　　Internet Information

　　6. Luo Yonghao’s first live broadcast product selection: Xiaomi 10, Anmuxi yogurt, etc.

　　According to reports on March 31, it was learned that after Luo Yonghao announced his entry into Douyin and started his first live broadcast to sell goods on April 1, some brands announced that they would become their first live broadcast show partner brands. Products currently exposed that will appear in Luo Yonghao's first live broadcast include NetEase Yanxuan Ergonomic Chair, Daily Black Clip, Xiaomi 10, Anmuxi Yogurt, Stone Sweeping Robot, etc. (E-commerce News)

　　7. Due to the impact of the epidemic, the US retail industry has temporarily laid off more than 500,000 employees

　　March 31 news, according to US media reports, due to the impact of the new crown pneumonia epidemic, US retail giants Macy's, Gap and Kohl's announced on Monday that they will temporarily cut most of their store employees. According to data from Bloomberg statistics, since the outbreak of the epidemic, the number of temporary layoffs announced by the U.S. retail industry has exceeded 500,000, and this number is expected to continue to increase. Due to the outbreak of the new coronavirus, demand for online shopping surged, and US e-commerce giant Amazon said in mid-March that it would recruit an additional 100,000 employees in the United States. (CCTV)

　　8. Xiaomi Youpin will launch luxury goods on the "Famous Product Discount" channel

　　According to 36Kr, Xiaomi's e-commerce platform "Xiaomi Youpin" recently launched the "Famous Product Discount" channel. The products in the channel are luxury goods, high-end shoes and clothing, etc. The products are currently in pre-sale and will be officially launched at 0:00 on April 1. According to the qualifications of brand store merchants and Tianyan Check data, the current cooperative merchants of Xiaomi Youpin's "Famous Product Discount" channel are Zhenpin.com and Mingshou Library. (Yangtze River Daily)

　　9. Huawei's revenue in 2019 was 858.8 billion yuan and shipped smartphones exceeded 240 million units

　　On March 31, Huawei's 2019 performance report showed that in 2019, Huawei achieved operating income of 858.8 billion yuan, a year-on-year increase of 19.1%; and achieved net profit of 62.7 billion yuan, a year-on-year increase of 5.6%. Among them, Huawei's smartphone shipments exceeded 240 million units in 2019, and the consumer-centric full-scene smart ecological layout such as PCs, tablets, smart wearables, and smart screens was further improved, achieving sales revenue of 467.3 billion yuan, a year-on-year increase of 34%. (IT Home)

　　Cross-border e-commerce

　　10. Amazon responds to fire workers on strike due to the epidemic: They violate social distancing rules

　　March 31 news, according to foreign media reports, Chris Smalls, an Amazon warehouse employee in the Statenton Island, was fired by the company after fearing the coronavirus. Amazon confirmed the news of firing Smalls and said in a statement that the employee violated the company's safety regulations, including failing to comply with relevant requirements for 14 days of quarantine after being exposed to an employee diagnosed with the new coronavirus, putting the health of others at risk. (Sina Technology)

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