June 17 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on June 17] Suning.com responded to the rumors of "exiting the 618 price war": It makes every effort to increase its investment in "J-10%"; Meituan organizational structure adjustment: The four businesses under the original LBS platform were adjusted to Meituan platform; WeChat: iOS users updated WeChat version 7.0.13, and can modify WeChat accounts; Panda Interactive Entertainment went bankrupt and auctioned 138,000 yuan, and the proceeds will be used for bankruptcy liquidation; Amazon deployed AI assistants to help workers maintain social distance...

　　E-commerce newsletter

　　1. Alibaba’s “Spring Thunder Plan” is implemented in Haining, helping 100 small and medium-sized enterprises to go overseas

　　On June 16, Alibaba's "Spring Thunder Plan" was launched in Haining, Zhejiang today, and Tmall Overseas reached cross-border export cooperation with Haining Home Textile Industry Belt. According to reports, Tmall Overseas has introduced special support policies for home textile merchants such as Haining warp knitting, underwear, socks, etc., and helped 100 small and medium-sized enterprises in the industrial belt go overseas through a series of measures such as incubation service providers, distribution, and free shipping. (Tianxia Online Business)

　　2. Suning.com responds to rumors of "exiting the 618 price war": It makes every effort to increase its investment in "J-10%"

　　On June 16, in response to the rumors that "Suning ammunition is tight and chooses to withdraw from the 618 price war", Suning.com said that it will make every effort to increase its investment in "J-10%" to break all rumors that ignore the facts, and said that "we hope that competitors will stand up and confront each other head-on, and do not make small moves behind the scenes, spread rumors and mislead consumers." It is understood that Suning.com's "J-10%" plan not only reduces the price by 20% on the original basis during the direct sales activity of 66 origin, but also has 1 billion yuan in red envelope benefits in Suning 617's super live broadcast, "J-10%" money-saving plan will continue, and will invest in 618% discount houses, 50% discount on Apple's , and 1 billion red envelope benefits. (E-commerce News)

　　3. JD.com: A batch of "100-year-old" brands JD.com 618 sales doubled year-on-year

　　According to JD big data, sales of a group of "100-year-old brand" during JD.com 618 (June 1-12) doubled year-on-year. Among them, the transaction volume of the milk brand Guangming increased by 501% year-on-year; the transaction volume of the time-honored brand of Tianfuhao increased by 90% year-on-year; and the transaction volume of the Donglaishun brand increased by 368% year-on-year. At the same time, Wu Yutai's transaction volume increased by 200% year-on-year; Wanglaoji's transaction volume increased by 248% year-on-year. The transaction volume of Shanghai's "time-old brands" Shen Dacheng and Nanxiang on JD 618 also increased by 133% and 76% year-on-year respectively (E-commerce News)

　　4. Meituan organizational structure adjustment: The four businesses under the original LBS platform are adjusted to Meituan platform

　　On June 16, Meituan issued an organizational adjustment announcement today, saying that it would adjust the power bank business department, two-wheel business department, public transportation business department, and map service department under the original LBS platform to the Meituan platform. The relevant person in charge reported to Li Shubin, the head of Meituan platform, and Li Shubin continued to report to co-founder Wang Huiwen. The original LBS platform/transportation department was adjusted to a transportation department, and the person in charge was Wang Huiwen. (Titanium Media)

　　5. WeChat: iOS users update WeChat version 7.0.13 and can modify the WeChat signal

　　36Kr learned that according to the "WeChat Pai" official account, iOS users can modify their WeChat account by updating WeChat to version 7.0.13. The entrance is in "I" - "Personal Information" - "WeChat ID". Users who meet the conditions support modification once a year. Previously, Android users updated to the latest version of WeChat and could already modify their WeChat account. (36Kr)

　　Internet Information

　　6. Renren announced the appointment of Yi Yang as the new acting chief financial officer

　　36Kr learned that Renren.com's latest announcement announced that the company has appointed Yi Yang as the acting chief financial officer; Stephen Tappin will resign as Renren.com's director for personal reasons. Both changes took effect on June 16, 2020. (36Kr)

　　7. The epidemic hits the hotel industry hard, and Hilton plans to lay off 2,100 employees worldwide

　　June 17th news, Hilton Global Holdings said on Tuesday it plans to cut about 22% of its company employees, or 2,100 jobs. By the end of last year, the company had 9,000 company employees worldwide, while the total number of employees worldwide was 173,000. (Titanium Media)

　　8. Apple disclosed App Store business data: China's market size is US$246 billion

　　According to foreign media reports, consulting service company Analysis Group released a report today saying that Apple's App Store ecosystem supported $519 billion in global bills and sales in 2019. Among them, by region, the size of China's market is about US$246 billion, accounting for 47%. China leads the physical goods and services category (US$225 billion, accounting for 54% of total sales in the category). (Sina Technology)

　　9. Panda Interactive Entertainment went bankrupt for 138,000 yuan, and the proceeds will be used for bankruptcy liquidation

　　On June 16, the bankruptcy auction of Shanghai Panda Interactive Entertainment Culture Co., Ltd. at Alibaba auction was announced to end. The 394 lots sold in this auction were sold for a total of 138,000 yuan, and the proceeds will be used for bankruptcy liquidation. Previously, Pusi Capital issued an announcement stating that all investors of Pusi Investment and Panda Interactive Entertainment were compensated, and Panda Interactive Entertainment's nearly 2 billion yuan investment losses will be borne by Pusi Investment and the actual controller themselves. In response, Wu Zhongjian, the administrator of Panda Interactive Entertainment's bankruptcy liquidation case, said that there is no accurate figure for Panda Interactive Entertainment's total debt amount. The administrator is in the process of reviewing the debt rights, and the final decision of the People's Court shall prevail. (First Financial Daily)

　　Cross-border e-commerce

　　10. Amazon deploys AI assistants to help workers maintain social distancing

　　According to observer, Amazon will deploy AI smart tools in various warehouses to help employees maintain social distancing. This set of tools includes displays, depth sensors and artificial intelligence cameras. It tracks employees' movements. When the distance between employees is less than 6 feet, the circle at the employee's feet in the monitor will change from green to red, prompting the employee to keep a distance. The tool has been tested in a few regions and will be deployed in various Amazon warehouses in the next few weeks. The first batch of AI smart tools is expected to be put into use. (Pinwan)

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