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E-commerce Morning News on July 22

2020-07-22

  #Laogao E-commerce Newsletter# [E-commerce Morning News on July 22] JD.com Group acquires the remaining 54% of the equity of Jiangsu Wuxing Electric Co., Ltd.; Luckin's investigation report shows that the current director has not participated in the fraud; it is said that some of Didi's equity will be auctioned online, with a starting price of 92 million yuan; Meituan Dianping and Coca-Cola reached a strategic cooperation; Amazon Small Business Impact Report: 2 million small and medium-sized enterprises have sold 3.4 billion products in the past year...

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  E-commerce newsletter

  1. Alibaba Digital Agricultural Origin Warehouse has implemented quality grading standards for 18 types of Yunnan agricultural products

  On July 21, Yunnan Warehouse, one of Alibaba's five major production warehouses for digital agriculture, has formulated quality grading standards for 18 Yunnan agricultural products and implemented them, including wogan, passion fruit, glutinous corn, sunshine rose, rock sugar orange, snow lotus fruit, etc. Data shows that from February to April, Alibaba Digital Agriculture sent nearly 4,000 tons of Yunnan agricultural products across the country, involving more than 1.2 million orders and more than 100 agricultural bases. (E-commerce News)

  2. Zhang Jindong: Suning will promote the implementation of a number of key smart retail demonstration projects in Xuzhou

  On July 21, Zhang Jindong, chairman of Suning Holdings Group, said, "In the future, Suning will promote the implementation of a number of key smart retail demonstration projects in Xuzhou, and drive the construction of key business districts in Xuzhou with Suning Plaza and Suning.com Plaza as the core. At the same time, it will accelerate the development of new business formats such as Suning Store and Suning Retail Cloud Store. Within five years, we will strive to achieve the implementation and layout of more than 200 new business formats, and comprehensively help Xuzhou's urban and rural consumer market prosperity." (E-commerce Daily)

  3. Ant Group signed a cooperation framework agreement with Zhuhai Real Estate Registration Center

  Yesterday, Zhuhai Real Estate Registration Center and Alibaba Ant Group signed a cooperation framework agreement. According to the cooperation agreement, Zhuhai Real Estate Registration Center joined hands with Ant Group to jointly create a blockchain real estate registration plan, including a pilot blockchain mortgage registration plan. Based on Ant Real Estate Chain Technology, Zhuhai Real Estate Registration Center will connect with banking and other business systems to realize a variety of blockchain + online registration services. (Cailianshe)

  4. JD.com acquires the remaining 54% equity of Jiangsu Wuxing Electric Co., Ltd.

  It was confirmed from an insider that JD.com Group acquired the remaining 54% of the shares of Jiangsu Wuxing Electric Co., Ltd. and has been wholly owned. As early as last year, JD.com acquired 46% of the equity of Wuxing Electric for 1.27 billion yuan. (Beijing Business Daily)

  5. Koala Haigou upgrades its strategy to member e-commerce

  36Kr learned that Koala Haigou will soon undergo strategic upgrades, and will focus on "member e-commerce" based on the original cross-border business. According to official reports, Koala Haigou’s new strategy of “member e-commerce” was deployed internally at the end of April, and the app continued to be upgraded. At present, Koala Haigou is conducting membership system design, and products, technologies, products, supply chains, etc. are optimized around black card membership. (36Kr)

  Internet Information

  6. Luckin Coffee Investigation Report shows that the current director has not participated in fraud

  According to some contents of the Special Committee's investigation report on Luckin (LK) incident, this 97-page report is divided into four parts, which records the entire investigation process and various internal data in detail. The final investigation results show that investors, directors Liu Erhai and Li Hui are not aware of the fraud, and the current board members have not participated in the fraud. (Tencent Vision)

  7. Workplace social networking website LinkedIn announced 6% of global layoffs, involving 960 jobs

  On July 21, workplace social networking website LinkedIn announced a global layoff of 6% of its employees, involving 960 jobs in the global sales and talent introduction department. For employees who were laid off, LinkedIn will provide at least 10 weeks of severance fees and 6 to 12 months of health insurance. In addition, LinkedIn said that the work phones and computers distributed by employees for the laid off are owned by employees, hoping to help them continue to find jobs and overcome difficulties. (Interface News)

  8. News says that some of Didi's equity will be auctioned online, with a starting price of 92 million yuan

  It was learned from Alibaba Auction that part of the equity of a "world's leading online car-hailing platform company" will be auctioned online on July 29, with a starting price of 92 million yuan. Judging from the operating data of the target company provided on the auction page, the above-mentioned online ride-hailing platform is Didi. At the same time, it was confirmed from an insider that the target company was indeed Didi. This auction requires the qualifications of the bidder: the subject's potential transferee/intention buyer must pass the qualification review of the board of directors of the online car-hailing travel platform company, and the transferee/buyer that meets the requirements cannot be competitors and competitors of Alibaba or Tencent. (China Securities Network)

  9. Meituan Dianping and Coca-Cola reach strategic cooperation

  On July 21, Meituan Dianping and Coca-Cola (China) signed a strategic cooperation agreement, and the two parties will jointly explore new digital business models in the future. (Securities Times)

  Cross-border e-commerce

  10. Amazon Small Business Impact Report: 2 million SMEs sold 3.4 billion products in the past year

  Amazon's small business impact report released Tuesday showed that 2 million independent SMEs currently partnered with Amazon, selling 3.4 billion products in the past year, an average of 6,500 products per minute, an increase from last year's 2.7 billion products. The report also shows that small businesses earn an average of $160,000, up 60% from last year's $100,000. More than 3,700 companies saw sales exceed $1 million for the first time, with a volume increasing by more than 20%. (Zhitong Finance)


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