#Laogao E-commerce News# [E-commerce Evening News on May 18] Tmall New Cultural and Creative launched the "Palm Museum" on Taobao app; JD International's 515 Super Category Daily Record: The daily transaction volume increased by 300%; Alibaba Health will jointly launch the "Meinian Carnival Week" with Meinian Health; NIO CEO Li Bin live streaming: the transaction volume reached 128 million yuan; Dingdang Express Pharmaceutical and Sinopharm reached a strategic cooperation to promote drug delivery services...

E-commerce newsletter
1. Tmall’s new cultural and creative industry launches the “Palm Museum” on Taobao app
According to May 18, today is World Museum Day. Tmall's new cultural and creative industry launched the "Palm Museum" on Taobao app, launching a number of Internet celebrity museum cultural and creative products; next, Tmall plans to invite 100 curators and cultural celebrities to start live broadcasts at the "Palm Museum" to explain cultural relics. Data shows that in the past three months, 44.1 million people have visited museums on Tmall. (Tianxia Online Business)
2. Respond to the "One Helmet One Belt" action 1688 to provide support for spot helmet products
According to the "E-commerce Daily", Alibaba 1688 said today that in response to the "One Helmet, One Belt" security protection action of the Ministry of Public Security to help consumers solve the demand for helmets, Alibaba 1688 platform will provide product search weighting, scenario marketing promotion, personalized recommendations for targeted buyers and other support for helmets that meet national regulations (electric vehicle helmets, motorcycle helmets, cycling helmets) that meet national regulations. 1688 emphasizes that the product must meet national standards and must be in stock (72 hours shipment). (E-commerce News)
3. JD International 515 Super Category Daily Results: Transactions increased by 300% throughout the day
According to JD data, May 15 is JD International's Super Category Day, and JD International's full-day transaction volume increased by 300% year-on-year. During the event, 82% of merchants used JD cross-border logistics integrated warehousing and distribution services; the customs declaration success rate of direct mail orders on the same day reached 98.13%; the order customs clearance success rate reached 96%; bonded stocking orders can be completed in about half an hour from order placing the order to customs clearance successful. In key cities across the country, bonded stocking order fulfillment can achieve same-day delivery and next-day delivery. (E-commerce News)
4. Alibaba Health will jointly launch the "Meinian Carnival Week" with Meinian Health
36Kr learned that Alibaba Health will join hands with Meinian Health to launch the "Meinian Carnival Week", including launching a series of physical examination packages and single products. Meinian Health-related physical stores have been launched on Alipay. In addition, according to official reports, data shows that in late March, the transaction volume of medical and health services on the Alipay platform increased by 16 times. (36Kr)
5. NIO CEO Li Bin live streaming goods: transaction volume reaches 128 million yuan
According to May 18, on the evening of the 17th, NIO CEO Li Bin gave a half-hour explanation of NIO ES6 in the Taobao live broadcast program "Departing for a Beautiful" hosted by Wang Han. NIO said that it sold 5,288 test drives on the spot, 320 non-refundable deposit payments, and locked transaction volume was 128 million yuan. (Future Auto Daily)
Internet Information
6. Baidu Smart Cloud releases the "Knowledge Middle Platform" to provide services to enterprises
Baidu Smart Cloud releases the "Knowledge Middle Platform". According to the introduction, Baidu's "Knowledge Middle Platform" is a platform launched based on Baidu's core AI technologies such as Baidu's knowledge graph, natural language processing, multimodal semantic understanding, and intelligent search. The "Knowledge Middle Platform" connects various sources and forms of data at the bottom. The core functional layer provides enterprises with knowledge production, knowledge processing, and knowledge application capabilities. The upper layer supports different business scenarios, including intelligent knowledge bases, industry knowledge graphs, as well as enterprise search, intelligent recommendation, etc. Baidu's "Knowledge Middle Platform" has helped Pudong Development Bank build intelligent applications in multiple scenarios, including "Pudong Development Digital People". (36Kr)
7. China Mobile has built 124,000 5G base stations, and the number of users of 5G packages has exceeded 50 million.
On May 17, Jian Qin, deputy general manager of China Mobile, said that as of now, China Mobile has built 124,000 5G base stations, covering 56 cities, and has developed 5G package users for more than 50 million. According to the group's plan, China Mobile will collaborate with industrial chain partners to develop 5G package users by more than 100 million, driving the industry to achieve 100 million 5G terminal sales, and create 100 group-level application demonstrations and 10,000 provincial-level regional special projects. (Zhitong Finance)
8. Dingdang Express Pharmaceutical and Sinopharm reach strategic cooperation to promote home delivery services
On May 18, Dingdang Express Pharmaceutical announced that recently, China Pharmaceutical Group Holdings Co., Ltd. (hereinafter referred to as "Sino Pharmaceutical") and Dingdang Express Pharmaceutical jointly signed a strategic cooperation framework agreement. The two parties will carry out all-round cooperation in opening up the drug supply chain, improving the efficiency of drug circulation, promoting prescription outflow, improving online consultations in Internet hospitals, and home delivery services, and jointly creating an online and offline integrated medical + drug service platform with the richest categories of prescription drugs and the fastest delivery of prescription drugs. According to reports, in March last year, Sinopharm jointly invested 600 million yuan in Dingdang Express Pharmaceutical with China Merchants Bank International Capital, CICC Capital and SoftBank China Capital. (E-commerce News)
9. Sohu's revenue in the first quarter of 2020 was US$436 million and increased by 6% year-on-year
According to May 18, today, Sohu Company released its unaudited financial report for the first quarter of 2020, showing that Sohu's revenue in the first quarter was US$436 million, a year-on-year increase of 6%. Under non-GAAP, Sohu Group's loss in the first quarter was US$18 million, while in the same period of 2019, a year-on-year decrease of 65.38%. In the second quarter of 2020, Sohu expects total revenue to be between US$410 million and US$445 million. (Sina Finance)
Cross-border e-commerce
10. Cross-border industrial e-commerce ECVV announces completion of B+ round financing
On May 18, according to the report of Beluga overseas, cross-border industrial e-commerce ECVV announced that it had completed a B+ round of financing, exclusively invested by Changrun Capital. According to reports, ECVV is an Internet-based cross-border electricity comprehensive service provider that serves countries in the Belt and Road Initiative. Based on China's product supply chain advantages, it is committed to providing global buyers with one-stop procurement services for workplaces. (E-commerce News)
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