May 9 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [May 9 E-commerce Morning News] Alibaba Research Institute: The transaction amount of night shopping on May Day Alibaba retail platform accounts for 39.8%; Pinduoduo's stock price rose by more than 9% to a new high of $65 billion; JD.com opened JoyMeeting and entered the remote video office market; Apple plans to postpone the release time of the new AirPods, which may be released in a concentrated manner next year; cross-border industrial products e-commerce projects settle in the Shanghai Free Trade Zone...

　　E-commerce newsletter

　　1. Alibaba Research Institute: The transaction amount of night shopping on Alibaba retail platform on May 1st accounted for 39.8%

　　On May 8, Alibaba Research Institute released the "Digital Lighting up the Night Economy (2019)". The report shows that in 2019, the night-time consumption rate in 12 large and medium-sized cities including Beijing and Xi'an was 43%, of which night catering consumption accounted for nearly 40%, night entertainment consumption accounted for nearly 50%, and night online shopping consumption accounted for more than 40%. The night economy is 57%, of which, night catering merchants are active, night travel activity exceeds 90%, and night merchants are paying activity nearly 40%. During the May Day holiday in 2020, the proportion of night shopping transactions on Alibaba’s retail platform reached 39.8%, an increase of 3.9 percentage points year-on-year. Night orders on Ele.me platform account for 33.55%. The average night congestion delay index of Gaode's national road network is 103.9% of the daytime. (E-commerce News)

　　2. Pinduoduo's stock price rose by more than 9% and hit a new high of $65 billion.

　　According to reports on May 9, the three major U.S. stock indexes closed up collectively, and popular Chinese stocks rose generally. Among them, Pinduoduo rose 9.09%, closing at US$54.60 per share, a record high with a total market value of US$65.39 billion. (E-commerce News)

　　3. Lei Jun talks about Kingsoft Cloud's listing: 260 subscribers, differentiated routes from Alibaba Cloud

　　According to Sina Finance, last night, Kingsoft Cloud login to Nasdaq and went public. Lei Jun said in an interview that there are 260 investors in the company subscribed this time, and the roadshow time is shorter than normal. At the same time, Lei Jun also said whether he can focus on several industries and leading customers and differentiate his route with Alibaba Cloud is the first major strategy. (E-commerce News)

　　4. JD.com opens JoyMeeting and enters the remote video office market

　　On May 9, JD.com officially launched the video conferencing product "JoyMeeting". This product supports face-to-face videos, which can meet scenarios such as meetings, video interviews, supplier negotiations, and can initiate a shared screen with one click. Previously, this product was only for internal use of JD.com. (Titanium Media)

　　5. Eli Lilly China has entered the online diabetes patient management platform for 1 medicine network

　　On May 8, Eli Lilly China and 1 Pharmaceutical Network jointly announced that the two sides will leverage Internet hospitals, big data and artificial intelligence and other technologies to deepen cooperation in the field of diabetes. Eli Lilly China will rely on 1Pharma.com's online diagnosis and treatment, electronic prescriptions, user insights, smart supply chain and other Internet technology-based service capabilities, and combine its own advantages in the field of diabetes to jointly build a comprehensive diabetic patient management platform for diabetic patients including disease management, disease education and patient support programs, so as to better help diabetic patients manage at home. (E-commerce News)

　　Internet Information

　　6. Apple plans to postpone the release time of the new AirPods, and may be released in a centralized manner next year

　　According to foreign media Macrumors, due to the impact of the global epidemic, Apple plans to postpone the release time of the new AirPods. In addition, Apple is also planning to transfer 4 million AirPods to Vietnam for production. (Titanium Media)

　　7. Zoom acquires Keybase to strengthen security protection capabilities

　　According to foreign media reports, Zoom recently acquired Keybase, a cybersecurity startup with only 25 employees, the company's first merger and acquisition since its establishment in 2011. Due to the impact of the epidemic, the acquisition was finally made online through Zoom, and the official did not disclose the details of the transaction.

　　It is reported that the Keybase company acquired this time was established in 2014 and is committed to researching end-to-end encryption technology. Currently, the company has a total of 25 employees. (Leifeng.com)

　　8. Microsoft will provide trackpad and mouse support for iPad version Word and other applications

　　According to foreign media reports, Microsoft plans to add support for the trackpad and mouse for the iPad version of Word, Excel and PowerPoint apps by the fall. Microsoft plans to keep a single Word, Excel, and PowerPoint app on iOS, and will likely provide cursor support in both the main Office app and in these standalone versions. (Sina Digital)

　　9. Dior and Meitu Company have reached a cooperation to jointly develop Dior AI skin testing function

　　36Kr learned that Dior and Meitu have reached a cooperation to jointly develop Dior AI skin testing function. The cooperation is based on Dior's research in the fields of neuroscience, dermatology and artificial intelligence, as well as beautiful image processing technology and AI skin testing technology created by Meitu Imaging Laboratory. (36Kr)

　　Cross-border e-commerce

　　10. Industrial products cross-border e-commerce projects settle in Shanghai Free Trade Zone

　　On May 8, the first domestic cross-border e-commerce project for industrial products was officially launched in the Pudong Airport Comprehensive Bonded Zone. It is reported that the project was launched in February this year, and the construction of the bonded warehouse was completed in just one and a half months, and the e-commerce platform was launched globally. (Hugo.com)

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