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E-commerce Evening News Briefing on May 11

2020-05-11

  #Laogao E-commerce Newsletter# [May 11 E-commerce Evening News Brief] 1688 will cooperate to carry out the online "Canada Expo"; Alibaba and the Ministry of Education have reached a cooperation to provide 400,000 campus recruitment positions; Lei Jun: Kingsoft's core strategy is to transform the mobile Internet and all in cloud; ByteDance responds to listing in Hong Kong this year: Inaccurate Duoduo E-commerce Live Streaming Season 2: Overall orders exceed 443 million yuan...

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  E-commerce newsletter

  1. 1688 will cooperate to carry out the online "Canada Expo"

  According to May 11, it is reported that the secretariat of the Organizing Committee of the China Processing Trade Products Expo (hereinafter referred to as the "Canadian Expo") cooperated with Alibaba's 1688 platform and planned to jointly launch the online Canadian Expo in two consecutive times in May and September. Among them, the May event will be held in the form of online exhibition + online live broadcast from May 13 to 16. (E-commerce News)

  2. Alibaba and the Ministry of Education have reached cooperation to provide 400,000 campus recruitment positions

  According to Alibaba, on May 11, the Ministry of Education and Alibaba Group jointly launched the "Alibaba Digital Economy Network Special Job Fair". Alibaba's Quark Search, Alipay, DingTalk and other applications provide college students with more than 400,000 jobs through cloud recruitment and cloud lectures, of which undergraduate and higher vocational colleges account for 55% and 45% respectively. According to statistics from the Ministry of Education, 8.74 million fresh college graduates will enter the society in 2020, an increase of 400,000 year-on-year, setting a record high. (36Kr)

  3. Lei Jun: Kingsoft’s core strategy is to transform the mobile Internet and all in cloud

  On May 11th, today, Lei Jun released a summary of Kingsoft's decade on Weibo, sharing Kingsoft Group's development strategy, including focusing on the three core businesses of WPS, online games and Kingsoft Antivirus, and withdrawing from all unrelated businesses. Lei Jun also said that Kingsoft’s core strategy is to comprehensively transform the mobile Internet and all-in-cloud. It is reported that on May 8, Kingsoft Cloud was listed on the Nasdaq in the United States, becoming the fourth listed company headed by Lei Jun. (E-commerce News)

  4. ByteDance responds to listing in Hong Kong this year: Inaccurate

  According to reports, ByteDance is preparing for an IPO in Hong Kong this year. In response, ByteDance responded that it was "inaccurate". People familiar with the matter said that the road to IPO in the United States this year is difficult, and Hong Kong has become an important destination for their listing. Previously, Tiger Global Fund invested in ByteDance. The company is currently valued at nearly US$100 billion and has entered the countdown to its IPO. Whether to go to the United States to make an IPO depends on the attitude of the US regulators towards TikTok. (Zhitong Finance)

  5. Duoduo E-commerce Live Streaming Season 2: Overall orders exceed 443 million yuan

  According to May 11, on March 11 this year, Guolian Co., Ltd. Duoduo E-commerce officially started the live broadcast season of industrial products/raw materials. Official data showed that the total orders for the four live broadcasts in March (the first quarter) exceeded 389 million yuan, with more than 106,000 viewers; the total orders for the nine live broadcasts in April (the second quarter) exceeded 443 million yuan, with more than 150,000 viewers. It is understood that Guolian Co., Ltd. issued a notice yesterday announcing that the third season of Duoduo e-commerce industrial products live broadcast will be launched, and Tuduoduo, Weiduoduo, Feiduoduo, Boduoduo, Grain and Oil Duoduo will participate. (E-commerce News)

  Internet Information

  6. The TV box patent on B station has been successfully authorized

  Tianyan Check patent data shows that recently, the appearance patent "TV box" applied for and announced by Bilibili's subsidiary Shanghai Huandian Information Technology Co., Ltd. on May 1 has been successfully authorized, with the application date being November 21, 2019.

  It is reported that this is used specifically to convert video signals into digital signals, decorations, and collections. Shanghai Huandian Information Technology Co., Ltd. was established in May 2013. The legal representative is Xu Yi. The registered capital is approximately RMB 10.99 million. The business scope includes technology transfer, technical consultation, technical services in the fields of information technology, computer software and hardware, network engineering, business information consulting, corporate image planning, sales of toys and clothing, radio and television program production, etc. (Europe)

  7. Hello Travel CEO Yang Lei was restricted by the court for a contract dispute over a love driver

  On May 11, according to Tianyan Check data, the China Judgment Document Network recently disclosed the progress of the contract dispute case between Dalian Zheng Energy Information Technology Co., Ltd. and Shanghai Bida Information Technology Co., Ltd. (Ai Daijia). On May 9, the Minhang District People's Court of Shanghai issued a consumption restriction order to Yang Lei, the main person in charge of Bida Company. It is reported that Hello Travel CEO Yang Lei was once the CEO of Aidai. Currently, Yang Lei holds 23.30% of the shares of Shanghai Bida Information Technology Co., Ltd. (E-commerce News)

  8. 58.com established 58.com University and will build thousands of training centers

  On May 11, 58.com officially announced the establishment of 58.com University, and strategically cooperated with Pearson Education and Beijing Autelsting International Education to jointly promote the development of vocational education in China. (Titanium Media)

  9. Jiedian: During the May Day holiday, Jiedian order volume increased by 812% compared with February.

  Data released by Jiedian shows that during the May Day holiday, the overall average daily order volume of Jiedian shared power banks increased by 812% compared with the epidemic period in February, and the average daily order volume increased by 60% compared with December last year. It is ranked among the top 10 cities in Jiedian's national order volume, including Xiamen, Suzhou, Chongqing, Xi'an, Shenzhen, Hangzhou, Chengdu, Shanghai, Guangzhou, and Beijing. The average daily order volume in the top ten cities recovered by more than 80% compared with December last year. (Europe)

  Cross-border e-commerce

  10. Global Easygou, a subsidiary of Cross-border Connect, has reached strategic cooperation with China's supply and marketing overseas purchase

  On May 11, Global Easygou, a subsidiary of Cross-border Connect, recently reached a strategic cooperation with China Supply and Marketing Group's "China Supply and Marketing Overseas Purchase". The two parties have superimposed the advantages of online and offline full-link resources, and will carry out extensive and in-depth strategic cooperation through their respective business platforms, including but not limited to commodity procurement, sales, technology research and development, product promotion, project development, project operation, supply chain supporting, capital market, etc. (E-commerce News)


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