#Laogao E-commerce Newsletter# [May 29 E-commerce Morning News] Beijing: Wearing safety helmets will become the "industry rules" of 37 express delivery companies; Amazon plans to provide permanent positions for 125,000 new employees; Alibaba Pictures' fiscal year 2020: Content investment revenue is 1 billion yuan, and comprehensive development business grows 117%; Ctrip's net revenue in the first quarter of 4.7 billion yuan fell 42% year-on-year; JD.com announced a US$100 million strategic investment in Gome Retail...

E-commerce newsletter
1. Beijing: Wearing safety helmets will become the "industry rules" of 37 express delivery companies
According to the Beijing Traffic Management Bureau, in the future, Beijing will comprehensively promote the update of express vehicle logos and driver electronic information card system, and include safety helmet wearing in the industry standardized management scope. After some time ago, Beijing's takeaway industry practitioners have basically worn safety helmets when riding, wearing safety helmets will be included in the industry specifications and requirements of 37 express delivery companies in Beijing. (Beijing Daily)
2. SpaceX is licensed by the Federal Aviation Administration to carry out the prototype of the flying starship
On May 29, according to foreign media reports, SpaceX, a US space exploration technology company, has obtained flight permission from the Federal Aviation Administration (FAA) to carry out Starship prototypes to prepare for test flights at the Boca Chica village base in Texas. The FAA has officially issued a license to SpaceX for a mission called "Reusable Launch Tool", which means that the Starship prototype can take off and land from the SpaceX launch site in the village of Boca Chica. (Sina Technology)
3. Amazon plans to provide permanent positions for 125,000 new employees
According to foreign media reports, Amazon announced on Thursday local time in the United States that it plans to provide permanent jobs to 70% of the 175,000 new U.S. employees it temporarily recruits, involving about 125,000 people to meet consumer needs during the novel coronavirus epidemic. An Amazon spokesman said another 50,000 workers will be able to obtain 11-month seasonal contracts. (NetEase Technology)
4. Hainan Province 12 measures to promote commercial development and expand consumption, and will expand the sales of offshore duty-free goods
The Hainan Provincial Department of Commerce recently issued the "Measures on Promoting Commercial Development and Promoting Consumption Expansion and Quality Improvement". In terms of expanding the sales of offshore duty-free goods, a batch of duty-free experience stores have been added to hotels, scenic spots and commercial complexes. Carry out duty-free "repurchase" business for off-island passengers and explore flexible shopping and pick up goods. Accelerate the implementation of new offshore duty-free shopping policies, increase duty-free shopping quotas, and increase the types of goods. In terms of releasing the potential of automobile consumption, we will speed up the implementation of new policies such as the extension of new energy vehicle purchase subsidies and tax incentives, reducing the imposition of value-added tax on second-hand car sales, and supporting the elimination of old diesel trucks, and provide comprehensive financial rewards for purchasing new energy vehicles, and improve supporting facilities for new energy vehicles. (Hainan Daily)
5. JD.com announced a US$100 million strategic investment in Gome Retail
On the evening of May 28, JD.com announced a strategic investment in Gome Retail and subscribed to overseas convertible bonds issued by Gome Retail for US$100 million. JD.com said that the strategic cooperation reached by JD.com Group and Gome Retail is a further deepening of cooperation between the two parties after Gome’s official flagship store officially entered the JD platform. According to the agreement, the two parties will achieve more efficient collaboration and integration and complementarity of the commodity supply chain, and will realize resource sharing in logistics, distribution and installation services, and cooperate in carrying out all-round business including financial services. (36Kr)
Internet Information
6. JD Xu Lei: The epidemic may increase the digital transformation speed of traditional enterprises by 1-3 years.
JD Retail CEO Xu Lei said that the epidemic has three impacts on China's retail industry: one is the management of cash flow; the second is the increase in community-type economy and commerce; the third is digital transformation. The epidemic may increase the speed of digital transformation of traditional enterprises by 1-3 years. JD Retail will continue to implement its opening strategy on 618 this year. According to official reports, from January to April this year, 572 brands on the JD platform placed orders of over 100 million, of which 180 brands increased by more than 50% year-on-year; 230 brands placed orders of over 300 million; 151 brands placed orders of over 500 million. (36Kr)
7. Mogujie launches the Meili plan, promising to pay celebrity anchors a minimum salary of 30,000 yuan every month
Today, Mogujie released the "Meili Plan" for recruiting anchors, institutions and supply chains. Mogujie will launch six major anchor support policies, including "guaranteed monthly salary", "goods connection", "traffic support", and "official brokerage", as well as six major supply chain support policies such as "one-year commission exemption", "platform underwriting", and "operation services". Chen Qi, the company's founder and CEO, said that as long as the anchor is Mei, the platform will pay a basic salary of 30,000 yuan per month; as long as the goods are Mei, the platform will be exempt from commission for one year or underwriting. (36Kr)
8. Ctrip's net revenue in the first quarter was 4.7 billion yuan down 42% year-on-year
According to May 29, today, Ctrip released its unaudited financial results for the first quarter ended March 31, 2020. According to the financial report, Ctrip's net revenue in the first quarter was RMB 4.7 billion (approximately US$669 million), a decrease of 42% compared with the same period last year and a decrease of 43% compared with the previous quarter; the net loss attributable to the company's shareholders was RMB 5.4 billion (approximately US$754 million), compared with the net profit attributable to the company's shareholders in the same period last year was RMB 4.6 billion. (E-commerce News)
9. Alibaba Pictures' fiscal year 2020: Content investment income is 1 billion yuan, and comprehensive development business grows by 117%.
Alibaba Pictures released its 12-month financial results as of March 31, 2020. Alibaba Pictures' revenue reached 2.875 billion yuan, a year-on-year decrease of 5%; its adjusted loss before interest and tax amortization was 722 million yuan, a year-on-year increase of 21%. In addition, Alibaba Pictures' annual revenue for content production was 428 million yuan, a year-on-year decrease of 6.55%; the annual revenue for comprehensive copyright development was 242 million yuan, a year-on-year increase of 117%. (36Kr)
Cross-border e-commerce
10. eBay invests US$108,000 to support small businesses in Brazil
May 28 news, according to foreign media reports, eBay announced a $108,000 plan to support small and medium-sized enterprises in Brazil during the current coronavirus pandemic. The program, called "My Business 24/7 on eBay – Always available", will allow Brazilian SMEs to continue their business during the pandemic. The company will be able to establish a sales platform for free on the site, thus opening sales to 174 million buyers in 190 markets around the world. (E-commerce News)
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