#Laogao E-commerce Newsletter# [E-commerce Morning News on April 23] Pinduoduo's stock price closed up 2.38% with a market value of US$60.683 billion; Luo Yonghao: According to the common methods of the e-commerce industry, three live broadcasts have sold nearly 400 million; Liu Qiangdong and JD donated 1,402 boxes of anti-epidemic materials to Chile; Alibaba's new crown nucleic acid testing appointment platform consultation volume increased sharply; Indian tycoon Ambani regained the wealth of Asia's richest man of US$49.2 billion to surpass Jack Ma...

E-commerce newsletter
1. Pinduoduo's stock price closed up 2.38% with a market value of US$60.683 billion
According to the news on April 23, at the close of Wednesday, Pinduoduo's stock price rose 2.38% to US$52.15, with a market value of US$60.683 billion. Previously, on April 19, Pinduoduo made strategic investments in Gome Retail with a total convertible bond of US$200 million, and the two parties reached in-depth strategic cooperation at the same time. (Titanium Media)
2. JD Supermarket Baking Festival: Sales of baking raw materials category increased by 360%
On April 22, JD Supermarket launched the "Baking Festival" event with the theme of "Baking Time, Sharing Sweetness" on April 17. Data shows that on the 17th, the year-on-year sales of 250mL light cream from Nestlé exceeded 1,000%; on the 18th, the year-on-year sales of yeast exceeded 2,000%; as of the 21st, the overall sales of baking raw materials mainly include low-gluten flour and high-gluten flour, etc. increased by 360% year-on-year. (E-commerce News)
3. It is said that Pinduoduo has been connected to Jitu Express
According to the news on April 22, according to all-weather technology reports, some users reported that in the Pinduoduo delivery information received, the logistics delivery carrier showed it as "Jitu Express", which also means that Pinduoduo may have been connected to Jitu Express. It is reported that in March this year, it was reported that Jitu Express has entered China. (Lianshang.com)
4. Liu Qiangdong and JD donated 1,402 boxes of anti-epidemic materials to Chile
According to Sina Finance, today, at the Chilean Embassy in Beijing, 1,402 boxes of anti-epidemic materials donated by Liu Qiangdong, Chairman and CEO of JD.com and JD.com to Chile were handed over today. It is reported that this batch of supplies includes 800,000 disposable medical masks, 200,000 disposable gloves, 200,000 forehead thermometers, 15,000 medical protective clothing and 50 ventilators. (NetEase Technology)
5. Luo Yonghao: According to the common methods of the e-commerce industry, three live broadcasts have sold nearly 400 million yuan.
According to news on April 22, Luo Yonghao posted on Weibo this afternoon that the GMV statistics method of other Internet celebrities selling goods is also a common method in the e-commerce industry. The three live broadcasts he had done before have sold nearly 400 million. Luo Yonghao also said that when the next live broadcast begins, he will report the battle according to the common practices of the e-commerce industry. To avoid misunderstandings by traditional manufacturers and customers who do not understand the "rules" of the e-commerce industry when investing in the market. (Tencent News)
Internet news
6. The number of consultations on Alibaba's new crown nucleic acid testing appointment platform has increased sharply
April 23rd news, on April 21st, Alibaba's subsidiary Alibaba Health announced that it would join forces with Meinian Health and Dean Health Examination Tmall flagship store to launch an online appointment for the new crown nucleic acid testing service in 10 cities in the first phase, and an electronic report can be obtained within 24 hours. The person in charge of the customer service center of Dian Diagnostics Group said, "It is expected that overtime is enough, but the increase in consultation is still beyond expectations." According to him, the store's daily customer service hours are 8:30-21:00, but "the reception time last night was delayed until the early morning", and the customer service personnel received more than 300 consultations. (China Securities Network)
7. Xiaomi Group: Issuing 3.375% priority notes due US$600 million in 2030
On April 23, Xiaomi issued an announcement today, saying that the company, issuer and initial buyer entered into a purchase agreement for the issuance of notes, issuing 3.375% priority notes that expired in 2030. The proceeds from the issuance of notes are mainly used for general corporate purposes and for repaying existing loans. Xiaomi said that the first ten-year US dollar bond was oversubscribed at 8.5 times. (E-commerce News)
8. Indian tycoon Ambani regains Asian richest man’s net worth of US$49.2 billion to surpass Jack Ma
On April 23, the share price of Reliance Industries, a subsidiary of Indian billionaire Mukesh Ambani, rose 10% on Wednesday after a deal with Facebook, which also increased Ambani's wealth by about $4.7 billion to $49.2 billion. According to the Bloomberg Billionaire Index, Ambani's wealth is about $3.2 billion higher than Jack Ma, regaining the position of Asia's richest man. (Sina Finance)
9. It is said that Baidu may acquire Tentacle Live
According to TechWeb, Baidu may acquire Tentacle Live, but Baidu has not immediately responded to a request for comment. It is reported that there was news that Baidu will launch e-commerce live broadcasts soon and will focus on live broadcasts this year. If the news of the acquisition of Tentacle Live is true, it may be related to Baidu's layout in the e-commerce live broadcast business. In addition, before this, Guanshou Live has also begun in-depth cooperation with Baidu at the business level. (NetEase Technology)
Cross-border newsletter
10. Amazon mask seller has been permanently banned, and hundreds of millions of yuan of funds have been frozen
Recently, an Amazon seller posted a post on an industry forum for help because his account was banned when selling masks and more than 120,000 US dollars were frozen. Another seller revealed that a large number of sellers were permanently banned and permanently frozen for selling masks, which affected more than 200 stores, all of which were self-delivered sellers, and the amount of frozen amount was as high as hundreds of millions of yuan. And there is no small red flag, and there is a large number of scans, a direct ban on the account, and the balance is permanently detained.
It is understood that this time the store is closed is not only the N95 mask sellers and disposable medical mask sellers, but also sellers selling ordinary cotton masks, and even sellers of hand sanitizer and ear thermometers. (Hugo.com)
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