May 20 E-commerce Morning News

#Laogao E-commerce Newsletter# [May 20 E-commerce Morning News Brief] 1688 Data: Helmet sales have increased by more than 910% in the past three days; Liu Qiangdong sent an internal letter to explain "Who is JD" on the day of old employees; Luckin will resume trading on May 20, before receiving a delisting notice on the Nasdaq Exchange; Gaode Map cooperates with Shenzhen taxi industry to launch the first national taxi patrol network integration application pilot; Facebook launches Shops shopping service: helping companies sell products online...

E-commerce newsletter

1. Jinjiang City and Alibaba signed the "Spring Thunder Plan" agreement to promote digital transformation of enterprises

On May 19, the Jinjiang Municipal People's Government and Alibaba recently signed the "Spring Thunder Plan" agreement to jointly promote the digital transformation of Jinjiang enterprises and help Jinjiang manufacturing sell nationwide and globally. According to the agreement, Alibaba and Jinjiang will jointly open online exclusive operating positions such as "original place of origin" to create city-original place of origin of origin; Jinjiang companies are encouraged to settle in Alibaba's Taobao, Taobao special price version and Tmall, etc., to quickly improve the company's e-commerce operation capabilities. (E-commerce News)

2. 1688 data: Helmet sales increased by more than 910% in the past three days

1688 data shows that helmet sales have increased by more than 910% in the past three days. Even the safety helmets for construction sites have increased sharply, with sales and buyers increasing by 200% in three days. Faced with the surge in market demand, 5,000 helmet factories are currently working overtime to rush to produce and supply to the market at a parity. (E-commerce News)

3. Liu Qiangdong sent an internal letter to explain "Who is JD" on his old employees

According to May 20, yesterday was the fifth old employee day of JD Group. Liu Qiangdong, Chairman and CEO of JD Group, sent an internal letter to all employees. In the letter, Liu Qiangdong elaborated on "Who is JD" in detail and defined JD as a dream-seeker, a perseverer, and a walker. In addition, the internal letter also stated that JD Group will complete its mission upgrade, with the mission of "technology-based and committed to a more efficient and sustainable world", carrying the value that JD may play in the future in the industrial Internet, and also defines JD's responsibility to society more clearly. (E-commerce News)

4. Luckin will resume trading on May 20, it has received a delisting notice on the Nasdaq Exchange.

According to reports on May 20, it is reported that the Nasdaq Exchange announced that Luckin Coffee stock will resume trading at 7 a.m. Eastern Time on May 20 (19:00 Beijing time on May 20). Last night, Luckin Coffee issued an announcement stating that it had received a delisting notice from the Nasdaq Exchange on May 15, and the company plans to hold a hearing on this. (Sina Finance)

5. Report: The domestic online home appliance market retail sales share reached 49.5% in the first quarter

According to May 19, today, the "2020 China Home Appliance Industry First Quarter Report" jointly released by the China Home Appliance Research Institute and the National Electrical Appliance Industry Information Center pointed out that in the first quarter of 2020, the domestic home appliance market retail sales totaled 117.2 billion yuan, a year-on-year decrease of 36.1%. Among them, affected by the epidemic, the retail sales share of home appliance online market in the first quarter increased by 14.6 percentage points compared with the same period last year, reaching 49.5%. From the perspective of overall market omni-channel share, Suning accounts for 25.3%, JD.com accounts for 18.8%, and Tmall accounts for 10.6%, ranking in the top three market share. (E-commerce News)

Internet Information

6. Huawei: 200,000 5G base stations have been built nationwide, and 800,000 stations are expected to be built by the end of the year.

Gan Bin, vice president of Huawei's wireless product line, said at Huawei's 17th Global Analyst Conference that the construction of 200,000 5G base stations has been completed nationwide, and it is expected that by the end of this year, 800,000 5G base stations will be built, covering more than 340 cities across the country. (Shanghai Securities News)

7. Gaode Map cooperates with Shenzhen taxi industry to launch the first pilot program of integrated taxi patrol network application in the country

36Kr learned that "Shenzhen Rental" was launched today and has been deployed in the Gaode Map Aggregation Taxi Platform. Shenzhen has become the first pilot city in the country to integrate taxi patrol networks. "Shenzhen Rental" is an online-based pilot project jointly built by the Shenzhen taxi industry and Gaode Map under the guidance of the Shenzhen Municipal Transportation Bureau. After the trial operation is over, nearly 40,000 taxi drivers in Shenzhen will be moved in one after another, achieving 100% online. (36Kr)

8. Microsoft acquires software automation company Softomotive, but has not announced the acquisition amount

Microsoft announced at its annual developer conference that it has acquired British software automation company Softomotive, without announcing the acquisition amount. Softomotive was founded in 2005 and raised a total of US$25 million before being acquired by Microsoft. Microsoft CEO Satya Nadella said Softomotive will become part of Microsoft's Power automation platform to add desktop automation tools to the WinAutomation platform. (Zhitong Finance)

9. BOSS Direct Recruitment and CCTV News help 8.74 million fresh graduates find jobs

On May 19, BOSS Direct Recruitment and CCTV News jointly launched a "Job" live broadcast campaign for you to recruit a large campus, helping 8.74 million fresh graduates find jobs. It is reported that the action was broadcast live on multiple channels through multiple channels such as CCTV News client, BOSS Direct Recruitment app, CCTV News Weibo, Douyin, Kuaishou, Toutiao, Baijia and other official accounts. (E-commerce News)

Cross-border e-commerce

10. Facebook launches Shops shopping service: Helping companies sell products online

Facebook CEO Mark Zuckerberg said Tuesday that the company will launch a service called "Shops" that allows companies to display and sell products on online platforms. This service will be available to merchants for free, and Facebook hopes to increase consumer engagement and advertising sales revenue. Zuckerberg also said that Facebook will conduct closer product integration and cooperation with Shopify and seven other e-commerce platforms, and announced a cooperation with Shopify CEO Tobias Luc through live videos. (Sina Technology)

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