April 20 E-commerce Morning News

    　　#Laogao E-commerce Newsletter# [E-commerce Morning News on April 20] Pinduoduo subscribes to Gome convertible bonds of US$200 million; Koala Haibao hard-core subsidies to launch new iPhone SE black card members enjoy 15% off; Pinduoduo sues Pinduoduo and win, Pinduoduo was sentenced to compensation of 700,000 yuan; Bezos became the only rich man with a net worth of US$100 billion, earning nearly 1.9 billion yuan per day on average; it is said that Mogujie plans to lay off 140 employees...

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    　　1. Pinduoduo subscribes US$200 million Gome convertible bonds

    　　On April 20, e-commerce platform Pinduoduo announced that it would subscribe to the US$200 million convertible bond issued by Gome Retail, with a term of three years, an annual face value of 5%, and the initial conversion price is HK$1.215 per share. If the conversion rights are finally exercised, Pinduoduo will be allocated up to 1.28 billion new shares of Gome, accounting for approximately 5.62% of the expanded share capital of Gome’s issuance of convertible shares. At the same time, Pinduoduo and Gome Retail have also reached a comprehensive strategic cooperation, with the latter's full range of products on Pinduoduo, and branded home appliances will also be connected to Pinduoduo's "10 billion subsidy" plan. (Oriental Fortune Network)

    　　2. Koala Hai Shopping Hardcore Subsidy Online New iPhone SE Black Card Members Enjoy 15% Off

    　　On April 19, Koala Haigou’s “Hardcore Subsidy” channel will launch the new iPhone SE tomorrow. Black card members can enjoy a discounted price of 2,799 yuan (64G), which is equivalent to a 15% discount. It is reported that the price of this hard-core subsidy is only open to black card members. It will be opened by appointment at 10:00 am on April 20, and the exclusive event will last for 3 days. (Lieyun.com)

    　　3. Kuaishou International Beauty Brand Carnival ends, with sales exceeding 500 million in a single game

    　　On April 19, Kuaishou E-commerce and Kuaishou Commercialization jointly held the Kuaishou Super Brand Day International Beauty Brand Carnival yesterday. Data shows that the total number of viewers of this live broadcast exceeded 10 million, the total number of users placed more than 3.45 million orders, and the total sales of a single game exceeded 500 million. Among them, it only took 53 minutes to exceed 100 million, which also set a new record for daily transaction volume of Kuaishou super brand. (E-commerce News)

    　　4. Taobao God Ren opens personal cooperation and receives thousands of applications on the first day

    　　On April 19, Taobao Shenren recently announced the opening of personal cooperation recruitment, and received thousands of cooperation applications on the same day. Many short video bloggers and anchors hope to empower their entrepreneurial business on Taobao to further enhance their ability to start a business on Taobao through the content of the open cooperation plan. According to official data, before the opening of personal cooperative recruitment, Taobao Gods had cooperated with about 300 Gods. (Sina Technology)

    　　5. Pinduoduo sued Pinduoduo and won the lawsuit. Pinduoduo was sentenced to compensation of 700,000 yuan.

    　　On April 19, Shanghai Xuhui Court recently made a judgment on the case of Pinduoduo suing Pinduoduo, and found that the defendant "Pinduoduo" operating company constituted infringement and unfair competition, and compensated the plaintiff 700,000 yuan. Since some users mistakenly thought Pinduoduo when shopping and a related transaction dispute arose, Pinduoduo sued Pinduoduo's operating company to court to protect the company's legitimate rights and interests. After judgment, the behavior of the "Pindoudou" operating company constitutes trademark infringement and unfair competition. It needs to stop the unfair competition, compensate the plaintiff for economic losses of 600,000 yuan, and reasonable expenses of 100,000 yuan to stop the infringement, totaling 700,000 yuan. (E-commerce News)

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    　　6. Bezos became the only rich man with a net worth of 100 billion US dollars, earning nearly 1.9 billion yuan per day on average

    　　According to Forbes Billionaire real-time data, Bezos' latest net worth reached US$143.1 billion. Based on the exchange rate of 7.07, the net worth has once again exceeded one trillion yuan, and its net worth has increased by 202.2 billion yuan from the end of last year, making an average of nearly 1.9 billion yuan per day. (National Express)

    　　7. WeMall launches live broadcast support plan, all live broadcast fees for merchants are exempted

    　　On April 19, based on the company's efforts to drive online growth demand for live broadcasts, WeMall announced yesterday that it officially launched a live broadcast support plan, and carried out a triple support policy for accurate exposure, operation and live broadcast costs. It is reported that the plan will help enterprises build a super live broadcast room through live broadcast operation guidance, public domain advertising attractions and multiple live broadcast support, forming a closed loop of online operations from public domain to private domain operations. (Beijing News)

    　　August, March, the express delivery business volume was 5.98 billion pieces, an increase of 23% year-on-year

    　　According to the report on April 19, data from the State Post Bureau showed that in March this year, the business volume of express delivery service companies nationwide reached 5.98 billion pieces, a year-on-year increase of 23%; the business volume in the first quarter reached 12.53 billion pieces, a year-on-year increase of 3.2%. (People's Daily)

    　　9. Mogujie plans to lay off 140 employees

    　　According to 36Kr, Mogujie has announced a new round of layoff plans to all employees on April 17. According to an internal letter sent to all employees by Chen Qi, the founder of Mogujie, the number of layoffs in this round reached 140. Mogujie told 36Kr that the company currently has about 1,000 employees, of which 300 are Lishui customer service. Based on this calculation, the proportion of layoffs in this round is 14%. (36Kr)

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    　　10. Amazon's French warehouse closure will be extended to at least April 22

    　　April 20th news, Amazon said on Sunday that it would extend the closure of six French warehouses until at least April 22. It is reported that last week, a French court asked Amazon to deliver only basic daily necessities such as groceries and medicines and conduct a thorough safety check. Amazon then temporarily closed six order fulfillment centers in the country. (Sina Technology)

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