E-commerce Evening News Briefing on June 12

　　#Laogao E-commerce News# [E-commerce Evening News Brief on June 12] Tmall: 618 Huabei invested 1 billion yuan to open installment interest-free for 10 million products; Baidu Live's "Entertainment Project" list: Zhong Nanshan, Li Lanjuan, Lei Jun and others are listed; JD.com has established a new digital enterprise management company in Suqian, and Liu Qiangdong is one of the shareholders; Renren App is suspected to be removed from the entire network, only half a year after officially returning to the social market; Kuaishou Commercial and Qunar Network have reached strategic cooperation in local tourism business...

　　E-commerce newsletter

　　1. Tmall: 618 Huabei invests 1 billion yuan to open installment interest-free for 10 million products

　　Recently, Huabei released its first interest-free plan for Tmall "618". Huabei will open installment interest-free products for more than 10 million products in this "618". The maximum interest-free period for installment interest-free products is 24 months. The interest-free installment interest-free for these products will save consumers more than 1 billion yuan in interest. (Tech Planet)

　　2. Taobao and Ant Merchants Bank advance more than 200 billion yuan for small and medium-sized merchants

　　6月12日，记者从淘宝获悉，淘宝联合网商银行推出的“免费0账期”已整整4个月，商家扶持效果显著。整整72万淘宝商家受益，网商银行累计垫资2032亿元。（亿欧）

　　3. The first batch of big Vs on Baidu Live's "Energy Gathering Plan": Zhong Nanshan, Li Lanjuan, Lei Jun and others are listed

　　After CEO Robin Li’s debut on live broadcast, Baidu has made new progress in live broadcast strategy. Zhong Nanshan, Lei Jun, Dong Mingzhu and others have entered the list of the first batch of big Vs on Baidu’s live broadcast “Energy Gathering Plan”.

　　值得一提的是，与其它直播带货平台有所不同，百度推进直播，是以“信息和知识”为核心。百度集团执行副总裁沈抖曾表示，百度做的是以信息和知识为核心的直播，因为搜索用户有更明确的信息和知识需求。这是百度直播不同于其他直播的根本。（凤凰网科技）

　　4. Goldman Sachs gave NetEase a "buy" target price of HK$147 for the first time

　　On June 12, Goldman Sachs published a research report saying that it first gave NetEase a "buy" rating, with a target price of HK$147, while the target price of US stocks rose 9% to US$470 to reflect the increase in the value of its gaming business. The bank agrees that the company's online games, NetEase Youdao and NetEase Cloud Music's two major businesses have relatively stable cash flow, while the company's assets and liabilities have performed strongly and capital allocation has performed cautiously. As of press time, NetEase's quotation was HK$128.4, down 1.231%, with a market value of HK$440.334 billion. (E-commerce News)

　　5. JD.com has established a new digital enterprise management company in Suqian, with Liu Qiangdong being one of the shareholders

　　36Kr learned that Tianyan Check data shows that on June 11, Suqian Aluminum Digital Enterprise Management Co., Ltd. was established with a registered capital of RMB 10 million. The legal representative is Zhang Yun. The company's business scope includes enterprise management, marketing planning, corporate image planning, intellectual property services, mechanical equipment leasing, etc. Currently, the company has three shareholders, namely Liu Qiangdong, Zhang Rong and Li Yayun. (36Kr)

　　Internet Information

　　6. Kuaishou Business and Qunar.com reach strategic cooperation in local tourism business

　　On June 12, Kuaishou Commercial announced a strategic cooperation with Qunar to local tourism business. The two parties will gradually realize product connectivity. After Qunar merchants settle in Kuaishou, users can directly jump to Qunar’s store for purchases and usage discounts on Kuaishou to simplify the transaction link.

　　In addition, the functions that merchants can also realize on Kuaishou include: publishing tourism content and linking the scenic spots they promote; strong interaction with users, opening up funds and issuing coupons; opening up the account of the mother-child relationship; tour guides, tour guides and other shopping guides can attract traffic to merchants, etc. (36Kr)

　　7. Renren App is suspected to be removed from the entire network, only half a year after officially returning to the social market

　　There is news that Renren App is suspected to have been removed from the entire network. The app is no longer available on the Apple App Store, and the Android software store shows that "the application is being optimized internally, and downloads are not available for the time being."

　　On December 30, 2019, Beijing Duoniu Interactive Media Co., Ltd. launched the new "Renren" APP version 1.1.0, restoring the social network positioning and its functions centered on the relationship between classmates in the Renren era. TechWeb)

　　8. Starbucks plans to close stores in North America, but China will open at least 500 new stores

　　Recently, Starbucks issued an announcement to shareholders, saying that the company plans to permanently close 400 stores in North America in the next 18 months, and focus on takeaway and pickup stores in the future. The newly opened stores will be mainly in the form of "Fei Kuai" stores, which is a digital small store that Starbucks China has also opened, mainly taking out and pickup. According to the plan, the company will open at least 500 new stores in China during the fiscal year, exceeding the number of stores opened in the United States, its largest market. (interface)

　　9. Meituan and Dianping App "2020 Intangible Cultural Heritage Food Festival" will be launched on weekends

　　On June 12, the intangible cultural heritage food live broadcast room of Meituan and Dianping App "2020 Intangible Cultural Heritage Food Festival" will be broadcast, starting from 11:00 on June 13 to ending at 22:00 on the same day. There are 7 live broadcasts throughout the whole process, with a total of ten hours of accumulation. Among them, Meituan will also launch the "2020 Intangible Cultural Heritage Food Festival" special topic, launch an intangible cultural heritage food lecture hall, and jointly launch consumption coupons, vouchers, red envelopes, etc. on the Meituan App and Dianping App to help consumers directly save money on consumption on the platform. (E-commerce News)

　　Cross-border e-commerce

　　10. Amazon will spend millions of dollars to build data centers in Queensland, Australia

　　June 11th news, Australia's Queensland Governor Annastacia Palaszczuk posted on Twitter that Amazon will spend millions of dollars to build a center in Queensland. It is understood that at the end of last year, Amazon launched the Amazon Hub network in Australia, providing customers with self-pickup services through storage lockers and counters; at the same time, Amazon will also open a new distribution center in Perth. (E-commerce News)

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