#Laogao E-commerce Newsletter # [E-commerce Morning News on June 22] Alibaba 1688 digital "convenient night market" landed in Ruzhou, Henan; Pinduoduo data shows that the average daily view of "Father's Day" related products increased by 350% year-on-year in the past week; Leshi: Leshi potato chip products are safe, and the possibility of the virus survival in the product supply chain process is zero; Huawei will set up a new chip base in the UK, which is expected to cost about 3.5 billion yuan; Guangzhou's first international postage package - cross-border e-commerce China-Europe Express launches...

E-commerce newsletter
1. Alibaba 1688 digital "convenient night market" is launched in Ruzhou, Henan
On June 20, recently, the Ruzhou Municipal Government and Alibaba 1688 cooperated to use the new wholesale capabilities of direct factory supply to create the first digital "convenient night market" in the country. Alibaba 1688 has also developed an exclusive function - business code for the convenience night market, so that with the help of the "one stall, one code" management method, each stall can better achieve "operation autonomy", facilitate night market merchants to quickly apply and government review. After the application is approved, you can see your own physical stall information and simultaneously connect to the Ruzhou convenience night market purchase area. (E-commerce News)
2. Leshi: Leshi potato chip products are safe, and the possibility of viruses surviving in the product supply chain process is zero
36Kr learned that Leshi posted on its official Weibo account that the only one that is unfortunately affected by the epidemic in the Xinfadi Wholesale Market in Beijing is Pepsi Foods in one of the seven food factories in China located in Ciwei Road, Beijing, which only produces small batches of Leshi unlimited canned potato chips. After monitoring the case imported from Xinfadi Wholesale Market, the factory launched an emergency plan as soon as possible and has conducted a comprehensive sampling survey on the product and factory environment to test product safety. The company's product processing process has undergone high-temperature heat treatment processes. Combined with strict GMP management system and practice, the possibility of viruses surviving in the entire product supply chain process is zero. (36Kr)
3. Pinduoduo data shows that the average daily viewing of "Father's Day" related products increased by 350% year-on-year in the past week
On June 21, Pinduoduo released the "Father's Day Hot Product List". Data shows that driven by platform promotions during the 618 period, the search volume of keywords such as "father", "father's Day", "dad", and "gifts" has increased sharply, especially in the week after June 15, the average daily viewing of related products increased by 350% year-on-year. (Titanium Media)
4. Facebook is preparing to rent retail space in Manhattan
According to foreign media reports, sources said Facebook is negotiating with Neiman Marcus to consider taking over a piece of retail space in Manhattan's Hudson Square. Last year, Facebook had rented 1.5 million square feet (about 139,000 square meters) of space in Hudson Square for office work. (Sina Technology)
5. Alibaba and Changjiang Yuntong established a new smart city company with a registered capital of 50 million
According to the news on June 21, Tianyan Check data showed that on June 9, Changjiang Yuntong Group Co., Ltd. and Hangzhou Alibaba Venture Capital Management Co., Ltd. jointly invested in the establishment of Changjiang Yuntong Smart City Technology Co., Ltd. (Titanium Media)
Internet Information
6. Huawei will set up a new chip base in the UK, which is expected to cost about 3.5 billion yuan.
Reuters reported today that according to the Sunday Times, Huawei is expected to obtain planning permission this week to spend 400 million pounds (about 3.5 billion yuan) to build a R&D center in Suston Village, Cambridgeshire, England. The facility is 7 miles (11 km) from Cambridge and will be used to develop chips for broadband. The South Cambridgeshire District Council of the United Kingdom has been recommended to fully approve Huawei's application. (interface)
7. Luckin Coffee's loan bank won the case, and Lu Zhengyao's two entities were liquidated
According to a Cayman Islands court filing, the bank led by Credit Suisse won a court order to dissolve an entity controlled by Luckin Coffee chairman Lu Zhengyao's family to recover $324.1 million in outstanding debts. Judge Raj Parker will issue an order to liquidate the Primus Investments Fund and Mayer Investments Fund. According to a ruling by the Cayman Islands Court on June 16, the two entities hold stakes in Luckin Coffee, which is ultimately controlled by the Lu Zhengyao family. Luckin Coffee and Credit Suisse did not immediately respond to calls seeking comment. (Bloomberg)
8. Li Bin of NIO: They are opponents and teammates with Tesla and others
At the Rebuild 2020 Technology All-Star Summit jointly held by Geek Park and Bilibili, Li Bin, founder and chairman of NIO, mentioned in the conversation that Tesla and Xiaopeng Motors are both their opponents, but they are also teammates of NIO, because NIO wants to work with them to encourage users to switch from gasoline cars to smart electric cars. (Sina Technology)
9. Zhou Hongyi: The gap in cybersecurity talents is large, and the industry challenges will intensify in the future
On June 21, 360 Chairman and CEO Zhou Hongyi talked about China's white hat hacker group, and he said that this group has at least more than 1 million people. However, this number of people is still insufficient. If China faces an increasingly complex international environment in the future, cyber attacks may become increasingly normal and fierce. (Titanium Media)
Cross-border e-commerce
10. Guangzhou’s first international postage package - cross-border e-commerce China-Europe Express launches
According to June 21, on June 20, Guangzhou's first international parcel-cross-border e-commerce China-Europe Express (Guangzhou Dalang-Alashankou-Malasevic) was launched. This is the fifth entry and exit route opened by the Guangzhou China-Europe Express after passing through the Manzhouli, Pingxiang, Jilong and Horgos ports. Data shows that in the first five months, Guangzhou launched 22 China-Europe freight trains, an increase of 22.22% year-on-year, with a total cargo value of RMB 788 million. (Guangzhou Daily)
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