June 19th E-commerce Morning News

#Laogao E-commerce Newsletter# [E-commerce Morning News on June 19] Gree 618 live broadcast sales hit a new high of 10.27 billion yuan; 1688 Cross-border Bao and Lianlian Cross-border Payment reached a comprehensive cooperation.; Beike Real Estate and Vanke reached an equity transfer agreement, and Wanlian will be merged into Beike's decoration business; Eggshell Apartment CEO Gao Jing was investigated, and President Cui Yan became the interim CEO; Technology giants such as Facebook and Amazon may face EU digital taxes before the end of 2020...

E-commerce newsletter

1. The cumulative order amount of Tmall 618 reached 698.2 billion yuan

On June 19, Alibaba announced that the cumulative order amount of Tmall 618 in 2020 was 698.2 billion, setting a new record. In addition, Alibaba stated that under the Spring Thunder Plan, in order to help small and medium-sized businesses recover their health, Alibaba has made a total advance of more than 200 billion yuan for 720,000 businesses. (E-commerce News)

2. The cumulative order amount of JD.com 618 reached 269.2 billion yuan, an increase of 33.6% year-on-year

36Kr learned that from 0:00 on June 1, 2020 to 24:00 on June 18, JD.com's cumulative order amount placing on the Mid-Year Shopping Festival reached 269.2 billion yuan, a year-on-year increase of 33.6% compared with 201.5 billion yuan in the same period last year. On the same day, JD.com Group (09618.HK) officially listed on the Hong Kong Stock Exchange. On the first day of listing, JD.com's stock price closed at HK$234, up 3.54% from the issue price, and its market value exceeded HK$720 billion. (36Kr)

3. Suning.com: "618" omni-channel sales exceeded the entire day of last year in 12 and a half hours.

36Kr learned that Suning.com data showed that as of 12:30 noon on June 18, its omni-channel sales had exceeded the entire day on June 18 last year. As of 18 o'clock, Suning Home Appliances' 3C category increased by 118% overall; store customer flow increased by 210% compared with the same period last year. At the same time, online transaction orders increased by 693% through Internet methods such as community and live broadcasts; and fruits, vegetables, meat, poultry, eggs, and milk, etc.; overall growth of consumer goods for people's livelihood such as fruits, vegetables, meat, poultry, eggs, and milk increased by 379%. (36Kr)

4. Rookie data: 70% of Tmall 618 parcels have been signed

According to news on June 18, Cainiao data showed that as of 12 noon on the 18th, 70% of the packages for the entire Tmall 618 shopping season had been delivered. There are 299 cities at or above the municipal level (excluding Hong Kong, Macao and Taiwan) across the country where consumers receive packages less than one hour after purchase. Among them, Shanghai, Beijing, Guangzhou, Shenzhen, Hangzhou, Chongqing, Suzhou, Chengdu, Dongguan and Nanjing have become the top 10 cities with the largest number of sign-in volume in the country. According to the person in charge of Cainiao 618 logistics, the logistics speedup is due to the improvement of the digital and intelligent level of Cainiao and Tongda Express in warehousing and other warehousing; on the other hand, Cainiao supply chain has created new models such as "pre-sales fast delivery". It is understood that after the opening of Tmall 618, the "night parcel" in the Rikiao bonded warehouse increased by 60% year-on-year. (E-commerce News)

5. Gree 618 live sales hit a record high of 10.27 billion yuan

On June 19, Gree Electric announced that on June 18, Gree's "Zhihui 618·Healthy Living Home" theme live broadcast event set a sales record of 10.27 billion yuan, surpassing Dong Mingzhu's live broadcast sales of 6.54 billion yuan half a month ago. (Titanium Media)

Internet Information

6. Technology giants such as Facebook and Amazon may face EU digital taxes by the end of 2020

Facebook, Amazon, Google and its parent company Alphabet could suffer a tax hit from the EU. Earlier, French Treasury Secretary Bruno Le Maire confirmed that he had received letters from U.S. Treasury Secretary Mnuchin, saying that negotiations on digital taxes were deadlocked and there was no room for a temporary agreement. The EU threatens to advance digital taxes by the end of 2020 in the absence of the United States. European Economic Commissioner Paolo Gentiloni said: "The European Commission hopes to have a global solution to bring corporate tax into the 21st century." (Zhitong Finance)

7. Beike Real Estate and Vanke reached an equity transfer agreement, and Wanlian will be merged into Beike's decoration business

It was learned from Beike Real Estate that Beike Real Estate has reached an equity transfer agreement with Vanke, and Wanlian Decoration will be merged into Beike's decoration business in the future. Vanke Lianjia Decoration Co., Ltd. was registered in 2016. Beijing Vanke holds 50% of its shares and Lianjia holds 35% of its shares. Beijing Vanke once planned to build Wanlian into a unicorn enterprise in the home decoration industry. (Cailianshe)

8. Eggshell Apartment CEO Gao Jing was investigated, and CEO Cui Yan became interim CEO

On June 18, Eggshell Apartment (NYSE:DNK), an Internet long-term rental apartment operator, announced today that the board of directors has appointed Cui Yan, co-founder, director and president of the company, as interim CEO, and the appointment will take effect immediately. (Titanium Media)

9. Microsoft President supports investigation into App Store: Some app stores abuse people's hearts

Microsoft President Brad Smith said some app stores exploit the urge to distribute software by software developers, so it's time for antitrust regulators in the United States and Europe to investigate this way of operation. A Microsoft spokesman said that although Smith did not mention Apple, he was referring to the Apple App Store. European antitrust regulators launched an investigation into Apple's policies on Tuesday, believing developers may be forced to provide it with excessive revenue share. (Sina Technology)

Cross-border e-commerce

10. 1688 Cross-border Bao and Lianlian Cross-border Payment reached a comprehensive cooperation

According to June 18, yesterday, Lianlian Cross-border Payment and 1688 Cross-border Bao announced that they had reached a comprehensive cooperation to empower efficient cross-border procurement. According to reports, according to this cooperation, overseas users of Lianlian's cross-border payment can transfer the balance of Lianlian's account to 1688 Cross-border Bao for payment of 1688 suppliers. In addition, through 1688 Cross-border Bao, overseas merchants can use overseas funds to pay 1688 suppliers, and arrive in real time to connect with high-quality cross-border factories. (E-commerce News)

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