E-commerce newsletter
1. 1688 recruits "X" plan partners to provide big data empowerment and other rights
On May 5, 1688 recently issued a "X" plan partner recruitment order, launching recruitment for community group buying, community group buying, short video live broadcast service providers, self-operated malls, shopping guide e-commerce, Saas service providers, etc. According to reports, after joining the plan, you can obtain a number of rights and interests, including obtaining 1,688 massive source factory goods; all products support one-piece delivery; Alibaba’s big data empowerment, personalized recommendation; C2M reverse custom supply chain resources, etc. (E-commerce News)
2. Baozun E-commerce Equity Disclosure: Alibaba holds 14% of the shares
According to the news on May 4, according to the 20-F document submitted by Baozun E-commerce to the US Securities and Exchange Commission recently, as of March 15, 2020, Baozun E-commerce founder and CEO Qiu Wenbin held 5.5% of the shares and had 30.7% of the voting rights; Junhua Wu held 3.1% of the shares and had 13.2% of the voting rights; Alibaba held 14% of the shares, and was a major shareholder, with 8.6% of the voting rights; SoftBank’s Tsubasa Corporation held 10.6% of the shares and had 6.5% of the voting rights. (E-commerce News)
3. Pinduoduo: As of 4 pm on May 5, more than 2.5 billion yuan in cash and consumption coupons have been issued
According to Pinduoduo, Pinduoduo data shows that from 0:00 on May 1 to 4:00 on May 5, the platform has issued more than 2.5 billion yuan in cash and consumption coupons, exceeding the commitment to Shanghai citizens. Pinduoduo said that as of last night, Pinduoduo has driven Shanghai's offline physical sales and Shanghai brand online sales to exceed 3.2 billion yuan. Among them, from 20:00 on May 4 to 16:00 on May 5, the Pinduoduo platform has driven up a total of 1.2 billion yuan in online and offline sales. (36Kr)
4. SF Express: China Post Zhidu and Fengchao Network will be reorganized and will become a wholly-owned subsidiary of the latter.
SF Holdings issued an announcement today that Fengchao Network, a subsidiary of the shareholder Fengchao Cayman, signed a package transaction agreement with China Post Zhidu and its shareholders. After the transaction, China Post Zhidu’s original shareholders, Zhongye Capital, Santai Holdings, Zhejiang Yibao and Mingde Holdings, will reduce their capital and withdraw from China Post Zhidu, and China Post Zhidu becomes a wholly-owned subsidiary of Fengchao Network. The original shareholders of China Post Zhidu will have the right to subscribe to Fengchao Cayman's newly issued shares and become shareholders of Fengchao Cayman, and the company's shareholding in Fengchao Cayman will be diluted from 13.67% to 9.75%. (Sina Technology)
5. Alibaba Health and Taobao Holdings enter into a software service framework agreement
On May 5, Alibaba Health announced on the Hong Kong Stock Exchange that the company and Taobao Holdings entered into a software service framework agreement. Alibaba Health will provide software services to merchants in related categories through Taobao Group and Tmall platform, including but not limited to the operation and maintenance of e-commerce platforms and technical development. Taobao Group will pay related service fees to Alibaba Health. The term of the Software Services Framework Agreement is from the effective date to March 31, 2021. (36Kr)
Internet Information
6. There are privacy non-compliance behaviors, and 21 apps including Tuniu Tongcheng Ctrip are on the blacklist
According to May 5, the Ministry of Industry and Information Technology revealed that recent special monitoring found that a total of 21 apps involved in privacy non-compliance and other behaviors. Well-known apps such as Tuniu, Tongcheng, Ctrip, Ziroom, I Love My Home (3.410, 0.28, 8.95%) all topped the blacklist. (Beijing Daily)
7. Apple will hold a global developer conference online on June 22
On May 6, Apple announced that it will hold the Global Developer Conference (WWDC) online on June 22, which will be open to all developers for free through the Apple Developer app app and the Apple Developer website. At this year's WWDC20, Apple will showcase the new iOS 14, iPadOS, macOS, tvOS and watchOS. (Titanium Media)
8. JD.com released youth consumption data: the year-on-year increase in book purchases from January to April is 42% higher than the average level of the entire site
According to May 5, JD Big Data Research Institute recently released the 2020 youth consumption data. Data shows that young people's consumption in related categories such as books, fitness, and work is growing rapidly, and they are the most positive and enterprising people. From January to April, the year-on-year increase in book purchases for young people was 42% higher than the average level of the entire site (TGI), among which the growth of post-95s (ages 25 and under) was 49% higher than the entire site. (E-commerce News)
9. Yuewen clarifies six rumors, including "copyright collection", and emphasizes consolidation of payments
Yuewen has made clarifications on the recent various rumors about the writer contract of China Literature Group. Regarding "all-in-one free, creation is dead", Yuewen said that consolidating and deepening paid reading is the foundation of our development and evolution. "Comprehensive free" is impossible and unrealistic, and the official statement has denied the rumor. Regarding "new contracts are launched, well-known writers have cut off the updates and failed to finish them", Yuewen said that the contract was launched in September 2019. It is normal for some online literature authors to take leave and occasionally break due to adjustments in their personal affairs and writing status. After being collected and summarized by those who are interested, they came to the false conclusion that "famous authors have cut off the updates for some reason." (Sina Technology)
Cross-border e-commerce
10. Xiaomi plans to launch new e-commerce services in India this week to boost sales during the pandemic
Xiaomi India chief operating officer Muralikrishnan B said the new e-commerce service, called Mi Commerce, will allow consumers to browse products from stores near their home addresses and place orders online. Delivery will be done by Xiaomi’s partners. The service will be launched across India and if successful, Xiaomi will continue the service after the lockdown is over. (Tencent Technology)
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