May 26 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [May 26 E-commerce Morning News Brief] Jingxi's debut JD 618: The transaction volume on the first day increased by 3 times month-on-month; Pinduoduo and China Agricultural University jointly held the first "Duoduo Agricultural Research Technology Competition"; Tencent banned third-party WeChat tools, and Wetool users were instantly reset to zero by large-scale account banned customer resources; Uniqlo will produce and sell masks, and the estimated price is 66 yuan; Zoom technology is updated, and the GIF platform Giphy will be temporarily removed from the chat function...

　　E-commerce newsletter

　　1. Jingxi 's debut JD 618: The transaction volume increased by 3 times month-on-month on the first day

　　36Kr learned that according to JD.com, on May 21, Jingxi received the overall order volume of six major mobile channels, including the "WeChat-Discover-Shopping" portal, Jingxi WeChat mini program, and mobile QQ portal on the first day of JD.com 618, and increased by 3 times month-on-month; the order volume brought by Jingxi App increased by 76 times year-on-year compared with the JD.com group purchase app launched last year; the overall order volume of Jingxi Live increased by 7.3 times month-on-month; the social gameplay rules received 90 million interactive users, involved 2.5 million users in-depth participation, and a single user participated in the gameplay on average 25 times. (36Kr)

　　2. Pinduoduo and China Agricultural University jointly held the first "Duoduo Agricultural Research Science and Technology Competition"

　　On May 25, China Agricultural University and Pinduoduo recently announced the joint holding of the first "Duoduo Agricultural Research Science and Technology Competition", inviting young agricultural scientists and top planting experts from all over the world to form teams to use artificial intelligence or horticulture technology to challenge strawberry planting on the Yunnan Plateau. It is reported that the Food and Agriculture Organization of the United Nations (FAO) will provide technical guidance for the competition. (E-commerce News)

　　3. Tencent bans third-party WeChat tools, and Wetool users are instantly reset to zero by large-scale account bans.

　　According to reports on May 26, according to multiple netizens, Tencent has banned a large number of personal accounts that use WeChat plug-ins. Recently, all WeChat accounts of logged in auxiliary tools will be blocked. Some users have reported that they have been blocked more than 100 accounts. (Titanium Media)

　　4. Meituan Dianping executives interpreted the first quarter financial report: The takeaway business is better than expected

　　After Meituan Dianping released its financial report, CEO Wang Xing and CFO Chen Shaohui interpreted it. Chen Shaohui said that the number of orders for catering takeaway business in the first quarter was better than expected. The growth momentum in the first 20 days of January was very good, with transaction amounts increasing by more than 30% year-on-year. Wang Xing said that he still believes that the company can achieve the average daily target of 100 million orders in 2025, and will surely achieve the operating profit target of each RMB in the long run. (Sina Technology)

　　5. Kuaishou issued an internal letter announcing organizational structure adjustments, involving multiple core departments such as commercialization, operations, and products.

　　Kuaishou released an internal letter to announce the organizational structure adjustment. This adjustment mainly involves multiple core departments such as commercialization, operations, and products. The former operation manager Ma Hongbin will transfer positions with the former commercialization manager Yan Qiang. (LatePost later)

　　Internet Information

　　6. Zoom technology is updated, temporarily removing GIF platform Giphy from the chat function

　　According to foreign media reports, video conferencing software company Zoom recently issued a statement saying that the company has temporarily disabled the GIF platform Giphy in its chat function. However, after technical and security updates, Zoom will re-enable this feature. Zoom said the change is part of the platform's latest security update, and other updates include restrictions on screen sharing, improvements to mute and unmute capabilities, and restrictions on logging in to meetings from multiple devices (mainly for meetings that require registration). (NetEase Technology)

　　7. Uniqlo will produce and sell masks, with an estimated price of 66 yuan

　　Uniqlo plans to produce and sell masks made of AIRism material, which is mostly used in the Uniqlo underwear series. According to Nikkei News, Uniqlo plans to officially enter the business from this summer and will be sold at the same time in Uniqlo's offline stores and online. The estimated price is around 1,000 yen (about 66.41 yuan). Previously, Uniqlo's parent company Fast Retailing Company has denied participating in the mask business, but recently, Yanai told Nihon Keizai that it had changed its policy, saying that "customers have the highest voice for masks." (Pengpai News)

　　8. Liangpinpu established a business service company in Ningbo

　　According to Tianyan Check data, Ningbo Liangpingou Business Service Co., Ltd. was established recently. The company was jointly funded by Liangpinpuzi Co., Ltd. and Ningbo Liangpingou Enterprise Management Partnership (Limited Partnership), with a registered capital of 5 million yuan, and the shareholding ratios of the two are 75% and 25% respectively. The company's business scope includes social and economic consulting services; software development; data processing and storage support services; information consulting services; ordinary goods warehousing services, etc. (E-commerce News)

　　9. Due to the exercise of share options, Xiaomi Group issued a total of 22.6594 million shares

　　36Kr learned that last night, Xiaomi Group issued an announcement stating that from May 4 to May 25, 2020, employees (except directors) exercised share options under the employee share reward plan before the initial public offering, a total of 22.6594 million shares, accounting for 0.0949% of the issued shares. On the same day, 48.41 million Class B common shares were cancelled and approximately 13.0843 million Class B common shares were converted to Class B common shares. (36Kr)

　　Cross-border e-commerce

　　10. It is said that Vietnam's e-commerce Tiki and Sendo have agreed to merge

　　On May 25, according to foreign media reports, people familiar with the matter revealed that Tiki, supported by JD.com and Sendo, supported by SoftBank, have agreed to merge the businesses of both parties in an all-stock transaction, which may be a major merger in the e-commerce field in Vietnam. Previous reports said that if the two are successfully merged, the Vietnamese e-commerce market will change from a top four to a three-legged situation. It is reported that Vietnam's main e-commerce platforms include Lazada, Shopee, TiKi and Sendo. (E-commerce News)

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