E-commerce Evening News Briefing on May 6

#Laogao E-commerce News# [May 6 E-commerce Evening News Brief] Juhuasuan's 55 promotion record: 106 brands sold over 10 million on the first day; Alibaba responded to acquiring 50% of the equity of AXA Insurance Building for 8.4 billion yuan: to develop Singapore business; media said that Jumei Youpin has continuously pledged its equity to Sina Weibo; German IPlytics: Huawei has 3,147 5G patent applications, the world's number one; Tmall International: consumption of imported goods increased by 71.8% year-on-year during the May Day holiday...

E-commerce newsletter

1. Juhuasuan 55 promotion record: 106 brands sold over 10 million on the first day

On May 6, the "Juhuasuan 55 Wuzhetian Ceremony" was officially launched on May 5. Data shows that the transaction volume of Juhuasuan 55's major sales exceeded 100 million in 37 seconds, and the transaction volume in one hour exceeded the whole day last year. On the first day, a total of 106 brands sold over 10 million. It is understood that Juhuasuan 55 promotion has more than 10,000 brands participating, covering various categories such as clothing, fast-moving consumer goods, digital, and home appliances. (Tianxia Online Business)

2. Alibaba responds to 8.4 billion yuan to acquire 50% of the equity of AXA Insurance Building: to develop Singapore business

According to the announcement of the SGX, a group led by Pengruili Land Group has reached an agreement to sell 50% of the equity of Singapore AXA Insurance Building to Alibaba for S$1.68 billion (approximately RMB 8.4 billion); shares are expected to be sold and transferred around June. In response, Alibaba responded that the acquisition is for Alibaba's business development in Singapore, and other details are subject to the announcement of the listed company. (36Kr)

3. Suning and Juhuasuan launched "Double 10 billion subsidy" with sales reaching 1.2 billion in one week

According to May 6, Juhuasuan and Suning.com previously announced that from 0:00 on April 29, the two parties will jointly launch a "double 10 billion subsidy". Data shows that Suning logs in to Juhuasuan for 10 billion subsidies in just one week, and its sales have reached 1.2 billion. Specifically, during this week, Juhuasuan Suning's "double 10 billion subsidy" sold 100,000 mobile phones, 70,000 air conditioners, and 500,000 fans. According to reports, the subsequent "double 10 billion subsidies" will continue to increase subsidies, covering core categories such as digital and home appliances. (E-commerce News)

4. Media says Jumei Youpin has continuously pledged its equity to Sina Weibo

According to the report on May 6, according to "Financial Graffiti", Tianyan Check data shows that Jumei Youpin has been continuously pledging its equity recently, and the pledgee is all the operating entity of Sina Weibo - Weimeng Chuangke Network Technology (China) Co., Ltd. It is reported that the equity pledge may affect the shared power bank operator Jiedian Technology, whose controlling shareholder is Jumei Youpin. (E-commerce News)

5. Alipay released a May Day report on small shop economy: 8 million small shop income has exceeded the same period last year

36Kr learned that Alipay has released the "May 1st Report on China's Small Store Economy". The report shows that under the dual stimulation of the issuance of consumption coupons and the May Day holiday. During the May Day holiday, 8 million small shops have revenue this year exceeding the same period last year. Eighty percent of small shop owners said that the consumption coupons are stimulating and hope that they can pay their own money in the future and continue to issue consumption coupons to old customers to increase their revenue. (36Kr)

Internet Information

6.1 Medicine.com: Appointed Guo Anfeng, former vice president of BMS Oncology Division, as Chief Innovation Officer

On May 6th, according to DoNews, today, the Internet pharmaceutical and health enterprise 1 Pharmaceutical Network announced that it has appointed Guo Anfeng, former vice president of the tumor business unit of Bristol-Myers Squibb (BMS), as the chief innovation officer of 1 Pharmaceutical Network, who is fully responsible for the company's Internet medical platform operation and innovation. Guo Anfeng said that relying on 1亚博官网's strong Internet medical and e-commerce capabilities, we will be committed to building the most efficient, executed and strong commercial team in the field of innovative drugs, and will build an innovative drug Internet medical platform around experts and patients to empower doctors and patients. (E-commerce News)

7. German IPlytics: Huawei has 3,147 5G patent applications, the world's number one

German patent data company IPlytics recently released a report on the "Factual Investigation of 5G Standard Patent Statement". As of January 1, 2020, there were 21,571 5G Standard Patent Statements around the world, of which Huawei has 3,147 items ranked first. Ren Zhengfei previously revealed that Huawei plans to increase its R&D budget in 2020 by $5.8 billion, while their overall R&D expenses this year will exceed the level of $20 billion (up from $15 billion last year). (Silicon Valley Analytics Lion)

8. The registered capital of SF Express Trading Company increased by 440 million yuan, an increase of 440%.

36Kr learned that Tianyan Check data showed that on April 29, SF Holding Group Trading Co., Ltd. had a registered capital change, from 100 million yuan to 540 million yuan, an increase of 440 million yuan, an increase of 440%. The subscribed capital of the controlling shareholder Shenzhen Mingde Holding Development Co., Ltd. increased from RMB 92.5 million to RMB 499.5 million, and the shareholding ratio was still 92.5%; the subscribed capital of Shenzhen Zhaoguang Investment Co., Ltd. increased from RMB 7.5 million to RMB 40.5 million. (36Kr)

9. China IoT: China Express Logistics Index in April was 104.5%, up 0.8 percentage points month-on-month

Data released by the China Federation of Logistics and Procurement showed that in April 2020, China's express logistics index was 104.5%, up 0.8 percentage points from the previous month. Among them, the business express index and cross-border express index fell to different scales month-on-month, the rural express index maintained a rapid rebound month-on-month, the personnel index rebounded by 7.7 percentage points month-on-month, and the convenience index fell slightly by 2.7 percentage points. (China Securities News)

Cross-border e-commerce

10. Tmall International: Consumption of imported goods increased by 71.8% year-on-year during the May Day holiday

According to reports on May 6, Tmall International data showed that overall imported goods sales during this year's May Day holiday increased by 71.8% year-on-year. With the opening of Shanghai's "May 5 Shopping Festival", import consumption ushered in a peak, and import consumption increased by 239% year-on-year on May 5. Among them, sales of imported beauty and body care equipment increased by 1456% year-on-year, imported kitchen appliances increased by 798% year-on-year, and household cleaning supplies increased by 470% year-on-year. According to reports, during the "May 5 Shopping Festival" in Shanghai, more than 2,300 overseas merchants on Tmall International provided 50% off for Shanghai consumers, covering nearly 300,000 imported goods. (Tianxia Online Business)

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