June 5th E-commerce Morning News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on June 5] It is rumored that Pinduoduo has submitted materials for the second listing in Hong Kong and listed for trading in mid-to-early July; JD IPO financing purposes: invest in key technological innovations based on supply chain; Facebook launched new AI tools to directly identify objects in the picture; Xiabu Xiabu Catering Management Co., Ltd. has been listed as the execution target of more than 227,000; Amazon announced that it will cooperate with communications company Slack, which will use AWS video conferencing technology...

　　E-commerce newsletter

　　1. Tmall 618 has issued a total of 1.62 billion consumption coupons

　　According to Tmall, Tmall 618 has issued a total of 1.62 billion consumption coupons within 4 days, and more than 200,000 merchants have received orders placed using consumption coupons, which has helped agricultural products, daily necessities and other categories benefit the most significantly. (Securities Times)

　　2. JD IPO financing purpose: invest in key technology innovation based on supply chain

　　36Kr learned that JD.com disclosed the post-hearing information collection on the Hong Kong Stock Exchange, and the prospectus disclosed the purpose of the funds for IPO financing. JD.com said that the funds are planned to be used to invest in key supply chain-based technological innovations to further improve customer experience and improve operational efficiency. Supply chain-based technologies can be applied to critical business operations, including retail, logistics and customer engagement. (36Kr)

　　3. Suning launches the "Yijimai" app

　　Suning recently launched a shopping product called "Yiximai", which is under the responsibility of Zhang Kui, general manager of Suning Pingo. His SLogan is "If you keep buying, you can buy Yiximai". This product is an app created by Suning based on the "red envelope cashback" gameplay, focusing on the brand positioning of "real videos, really good products". At the same time, the relevant WeChat public accounts and WeChat mini programs of "Yiximai" have also been launched recently. (Tech Planet)

　　4. It is said that Pinduoduo has submitted the second listing materials in Hong Kong and will be listed for trading in mid-to-early July.

　　According to the news on June 5, it was recently learned from people close to trading that Pinduoduo has secretly submitted listing related materials to the Hong Kong Stock Exchange on June 3, and is expected to pass the hearing at the end of June and will be officially listed on the Hong Kong Stock Exchange in mid-to-early July. (Titanium Media)

　　5. Facebook launches new AI tools that can directly identify objects in pictures

　　Recently, six members from Facebook's Artificial Intelligence Research Laboratory (FAIR) used the Transformer neural network architecture to create an end-to-end AI tool "DETR" to simplify the process of computers identifying images. DETR is Facebook's latest AI initiative to find a language model to solve computer vision challenges. Currently, DETR is more accurate in identifying large objects than small objects. "The current model will take several years to improve to deal with similar problems, and we hope that future work can be successfully solved," the researchers said.

　　Internet Information

　　6. Hello Travel starts the "electronic fence" of shared bicycles in Lanzhou City from June 6

　　On June 5, under the planning and guidance of the Chengguan District Urban Management Bureau of Lanzhou City, Gansu Province, in order to cooperate with urban municipal management, reasonably plan green travel, and standardize civilized parking for citizens, Hello Bicycle will be upgraded to the "P-point Return Car" mode in Chengguan District from June 6, and the "electronic fence" of shared bicycles will be fully activated. After this mode is launched, it will be trial-run for one week, giving citizens a new return mode to adapt to. For users who fail to return the car according to the regulations within one week of the trial, Hellobike will not charge a dispatch fee, and users will receive text messages and page reminders. Starting from June 13, users who have not returned the car at the designated P point will be charged a 2 yuan dispatch fee. (E-commerce News)

　　7. Citigroup: Raised Gree Electric's stock target price by 13%, and performed well in online shopping "live streaming"

　　Citi said that Gree Electric Appliances is one of the first choice stocks in the household appliance field. Considering the positive sales prospects during the 618 Online Shopping Festival, it will start a positive catalytic observation of the stock for 30 days and raise the stock target price. The bank's analyst Mark Li and others wrote in the report that Gree Electric has made significant progress in live streaming and sales, and the revenue generated by the two live streaming activities in the first half of the year is expected to account for more than 15% of the company's total in the second quarter. Taking into account Gree's excellent performance in live streaming sales channels, it raised the company's profit forecast for fiscal 2020-2022 by 2-5%, and raised the stock target price from 67 yuan to 76 yuan; reiterated its buy rating. (Bloomberg)

　　8. Join forces with Costa to focus on family coffee consumption scenarios, Onecup creates "China Green Mountain"

　　On June 5, smart drink machine brand Onecup and Costa jointly announced that the two parties have reached a strategic cooperation. At the same time, the "pure extract" American-style capsule coffee created by both sides was officially launched on Onecup's Tmall and JD flagship stores. (Titanium Media)

　　9. Xiabu Xiabu Catering Management Co., Ltd. was listed as the subject of execution for more than 227,000 yuan.

　　Tianyan Check data shows that recently, Xiabu Xiabu Catering Management Co., Ltd. was listed as the person subject to execution, with the execution target of 227,338. It is understood that the reason why Xiabu Xiabu was listed as the person subject to execution was a related lease contract dispute between Tianjin Kecheng Real Estate Development Co., Ltd. and Xiabu Xiabu Catering Management Co., Ltd. (Cailianshe)

　　Cross-border e-commerce

　　10. Amazon announces cooperation with communications company Slack, which will adopt AWS video conferencing technology

　　According to foreign media reports, Amazon and communications software company Slack are deepening their cooperation. Based on the new partnership agreement announced on Thursday, all Amazon employees can use Slack's workplace communication tools. At the same time, Slack also explores Amazon's network service technology, updates video conferencing functions, and utilizes Amazon Web Services (AWS), known as Chime. (Sina Technology)

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