"#Laogao E-commerce Newsletter# [May 27 E-commerce Evening News Brief]" Kuaishou and JD.com have strategically cooperated with live streaming to buy goods without jumping; Meituan version of Huabei "monthly payment" will be officially launched on the 29th; Alipay: More than 400 counties across the country have set up "Digital Citizen Center" in Alipay; Baidu: AI handled nearly 8.4 billion harmful information in March and April; Apple was asked to compensate US$2.6 billion because iPhone facial recognition is unsafe...

E-commerce newsletter
1. Kuaishou and JD.com have strategic cooperation, and live streaming purchases do not need to be redirected.
It was learned that Kuaishou has recently reached a strategic cooperation with JD Mall on e-commerce live broadcast business, and purchasing JD self-operated products through Kuaishou Live will not require a jump. Regarding the reasons for the cooperation between the two parties, a person close to JD.com said, "Kuaishou needs a reliable supply chain to do e-commerce. If JD.com wants to sink users, the two parties hit it off." (36Kr)
2. Meituan version of Huabei "monthly payment" will be officially launched on the 29th
The Meituan version of Huabei "Monthly Payment" that has been trial operation for nearly a year will be officially launched on May 29, focusing on the superimposed discount rights and enjoyment first and then payment experience in Meituan consumption scenarios. Comparative data shows that when placing an order on Meituan and Meituan takeaway apps and catering consumption alone, Meituan's "monthly payment" saves at least 55 yuan a month than using other payment tools. (Tech Planet)
3. OPPO's self-developed mobile phone chip, former MediaTek COO has joined
On May 27, people familiar with the matter said that OPPO's latest recruitment includes Jeffery Ju, former chief operating officer of MediaTek and former Xiaomi executive. Jeffery Ju has previously served as an advisor to OPPO. Another executive involved in the development of MediaTek's 5G smartphone chips will also join OPPO within one to two months. OPPO even targets talents from Qualcomm and Huawei's chip division HiSilicon. (Titanium Media)
4. News says Tencent may participate in Xinruipeng Pet Medical's pre-IPO financing
Market sources pointed out that Xinruipeng Pet Medical Group, a pet clinic operator in mainland China, plans to raise funds at a valuation level of about US$3 billion before its IPO, and plans to raise about US$300 million. It is reported that Tencent may invest about $50 million. (Glonhui)
5. Shanghai NIO Automobile Co., Ltd.'s investor is changed to NIO (Anhui) Holdings Co., Ltd.
Tianyan Check data shows that on May 25, Shanghai NIO Automobile Co., Ltd. underwent a number of industrial and commercial changes, among which the investor was changed from NIO NEXTEV LIMITED to NIO (Anhui) Holdings Co., Ltd., and at the same time, the enterprise type was changed from a limited liability company (soon proprietorship for Hong Kong, Macao and Taiwan) to a limited liability company (soon proprietorship for foreign legal persons). (36Kr)
Internet Information
6. Alipay: More than 400 counties across the country have set up "Digital Citizen Center" on Alipay
According to Alipay statistics, as of now, more than 400 counties across the country have set up "Digital Citizen Centers" on Alipay, where citizens can enjoy various livelihood services including provident fund, social security, medical insurance, entry and exit, traffic management, etc. Currently, the top 10 provinces with the largest number of county-level "digital citizen centers" are: Shandong, Zhejiang, Hunan, Henan, Hebei, Heilongjiang, Guangxi, Gansu, Jiangxi and Guizhou. (36Kr)
7. Baidu: AI processed nearly 8.4 billion harmful information in March and April
On May 26, Baidu WeChat official account released a monthly report on comprehensive information security governance. Monthly reports show that in March and April 2020, Baidu Content Security Center used various means to crack down on and clean up harmful information from Baidu's entire product line. Among them, Baidu used artificial intelligence technology to dig out more than 8.38 billion pieces of harmful information related to obscene pornography, gambling, etc.; and cracked down on more than 10.123 million pieces of harmful information related to obscene pornography, infringement, etc. through manual inspections. (36Kr)
8. Hong Kong Hang Seng Index closed down 0.53%, while Kingsoft Software fell 7.43%
Today, the Hang Seng Index of Hong Kong closed down 0.53%, of which Tencent Holdings fell 1.27%, Alibaba fell 1.84%, Xiaomi Group fell 2.74%, Meituan Dianping fell 2.59%; Kingsoft Software fell 7.43%, and its revenue and net profit in the first quarter were both lower than expected. (36Kr)
9. Apple is asked to compensate $2.6 billion because iPhone facial recognition is unsafe
On May 27, Colombia's well-known figure Roberto Escobar filed a $2.6 billion lawsuit against Apple, accusing the company of its iPhone's poor FaceTime security, saying that its iPhone X was hacked and caused the physical address to be leaked. Through self-inquiry, it believes that the culprit is a loophole in FaceTime. (Titanium Media)
Cross-border e-commerce
10. eBay: It requires the use of international commercial express delivery to ship to packages in Canada
According to May 20, eBay issued an announcement yesterday stating that since Canada Post will stop processing all inbound parcels from May 24 local time and the service recovery time is to be determined, in order to avoid serious delays in parcel delivery, eBay requires sellers to ship packages to Canada using international commercial express delivery (Federal Express Global Service, DHL International Express Service, UPS International Express Service) before Canada Post resumes processing of inbound parcels. (Yibang Power News)
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