E-commerce Evening News Briefing on June 5

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on June 5] The State Cyberspace Administration of China and 8 other departments: Concentrate on carrying out special rectification actions for the online live broadcast industry for half a year; Alibaba Group and COFCO Group cooperate with the "Cloud Exhibition", namely the National Sugar and Wine Products Fair; Zhang Chaoyang will conduct his first live broadcast on June 8; it is said that Suning.com is internally testing the "Liangzhaner" WeChat mini program; it is rumored that Ding Lei will enter the live broadcast and is negotiating with platforms such as Kuaishou and Douyin...

　　E-commerce newsletter

　　1. The Cyberspace Administration of China and 8 other departments: Carry out special rectification actions for the online live broadcast industry for half a year

　　36Kr learned that in response to the prominent industry issues such as the "reward" of online live broadcasts that have been strongly reflected by netizens, starting from now on, the State Cyberspace Administration of China and the National "Anti-Pornography and Illegal Publications" Office, together with the Supreme People's Court, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of Culture and Tourism, the State Administration of Market Supervision, the State Administration for Radio, Film and Television and other departments, will launch a six-month special rectification and standardized management action for the online live broadcast industry. (36Kr)

　　2. Alibaba Group and COFCO Group cooperated with "cloud exhibition", namely the National Sugar and Wine Products Fair

　　36Kr learned that on June 5, Alibaba Group and COFCO Group signed a memorandum of cooperation through blockchain technology. The two sides will cooperate to hold the first "cloud exhibition", namely the National Sugar and Wine Products Fair. According to the agreement, Alibaba will provide digital virtual exhibition halls, real-time interactive transactions, exhibition ecological services and other services for the Sugar and Wine Fair. (36Kr)

　　3. Zhang Chaoyang will perform his first live broadcast on June 8th to sell goods

　　According to June 5, Zhang Chaoyang, Chairman and CEO of Sohu Company and CEO of Sohu Video, will broadcast the goods for the first time at 7 pm on June 8. At that time, search for "Zhang Chaoyang" in the "Follow Stream" of Sohu Video APP, and you can enter the live broadcast room to watch the live broadcast, and instantly kill and select limited-edition products. (Titanium Media)

　　4. News says Suning.com is testing the WeChat mini program "Shangtan" internally

　　According to media reports, Suning.com insiders revealed that Suning is currently internally testing a WeChat mini program called "Lianzhaner" to help the development of the "street stall economy" and seize offline traffic. According to reports, the "Lizhaner" mini program is committed to serving small stall merchants. It has launched the first batch of 5,000 preferred SKUs, and mainly promotes relatively cheap small commodities such as daily life, home furnishings, small numbers, and food. At the same time, the mini program will also solve problems such as purchase, stocking and invoices for stall users. (E-commerce News)

　　5. JD.com 618 launches AI skin testing function, and “scan the face” before buying skin care products

　　36Kr learned that JD Beauty began internal testing of AI skin testing functions in May, and this function began to gradually target more users. JD Beauty’s AI skin testing function is jointly launched with the Institute of Beauty and Medicine, which has backgrounds such as strategic partners of Peking University Medical Science Innovation Center. AI skin testing will establish a cosmetics database. Based on user skin data, AI can provide corresponding product recommendations and problem solutions. JD.com may become the first company among the leading e-commerce companies to promote new AI skin testing technology on a full platform. (36Kr)

　　Internet Information

　　6. It is rumored online that Ding Lei will enter the live broadcast and is in negotiations with Kuaishou and Douyin platforms.

　　36Kr learned that people familiar with the matter said that NetEase CEO Ding Lei will start a live broadcast soon to sell goods for NetEase Yanxuan, and the time may be as soon as next week. At present, NetEase is negotiating cooperation with leading short video platforms such as Kuaishou and Douyin. (36Kr)

　　7. Keep: The sales scale of consumer goods business exceeds one billion, and the overall profit has been achieved

　　36Kr learned that on June 4, Keep held a media communication meeting in Beijing. Liu Dong, partner and vice president of Keep, introduced that after the E round of financing, Keep will combine the scale of 200 million users and the sales scale of 1 billion consumer goods, and ultimately provide users with overall value-added sports solutions, including paid courses, members and new features that may be included in the Keep APP. Liu Dong said that in Keep's revenue structure, the consumer goods business has the largest sales scale, while the online business contributes the most profits. At present, Keep can achieve overall profitability. (36Kr)

　　8. ByteDance responds to closing overseas news application TopBuzz: Business adjustments normally

　　According to media reports, ByteDance will gradually close overseas news application TopBuzz. On the afternoon of June 5, ByteDance responded that this was a normal business adjustment. (China Securities Journal)

　　9. 5G commercialization first anniversary: ​​China Unicom has opened 130,000 5G base stations

　　Data from China Unicom on June 5 showed that as of the end of May 2020, China Unicom and China Telecom have opened a total of 115,000 co-construction and sharing base stations, and have launched 5G co-construction and sharing in 31 provinces across the country, realizing the formal commercialization of 5G in more than 50 cities. China Unicom has nearly 130,000 5G base stations available, covering all municipalities directly under the central government, major provincial capitals, and key cities in the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Greater Bay Area and other regions. It is estimated that by the end of this year, the total scale of China Unicom's 5G base stations will reach 300,000, covering all prefecture-level urban areas across the country. (National Express)

　　Cross-border e-commerce

　　10. Bharti Airtel in India denies Amazon's stake at least $2 billion

　　According to the Daily Business News, Indian telecom operator Bharti Airtel denied the rumors that Amazon is negotiating for at least $2 billion in investment. In a filing with the Stock Exchange, Bharti Airtel said that such a suggestion was not considered at this time except for frequent cooperation with digital companies. It is understood that foreign media reported yesterday that if the transaction can be successfully concluded, it means that Amazon will acquire approximately 5% of Bharti Airtel's shares. (E-commerce News)

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