#Laogao E-commerce Newsletter# [E-commerce Morning News on July 29] 1. WeChat Pay enters the Turkish market; 2. ZTO Express denies that the courier slapped a woman; 3. Beckham's personal beauty brand entered Tmall International; 4. eBay's net profit increased by 85% year-on-year in the quarter; 5. Ele.me launched the "Knights Fortress" plan, with 26,000 stores participating...

E-commerce newsletter
1. WeChat Pay enters the Turkish market
July 29th news, yesterday, Tencent, Industrial and Commercial Bank of China (Turkey) Co., Ltd., Istanbul New Airport Operation Company and others jointly held an online signing event for WeChat payment business. Since then, Chinese tourists can use WeChat to pay at the new Istanbul airport duty-free shop. (Xinhua News Agency)
2. ZTO Express denies courier slapped a woman
On July 28, regarding the incident of the ZTO courier "slapping a woman" on the Internet, ZTO courier responded that on July 20, courier Huang did have a dispute with the female customer involved while conducting the Cainiao Packing business, but "did not slap the woman in the face, but was slapped twice by the woman." After the incident, the courier called the police and tested the injury. The result of the injury was that he suffered multiple injuries on his body. (E-commerce News)
3. Beckham’s personal beauty brand has entered Tmall International
On July 28, Victoria Beckham Beauty, a personal beauty brand of Victoria Beckham, officially settled in Tmall International and opened the "Victoria Beckham Overseas Flagship Store", which is the first time the brand has entered the Chinese market.
Victoria Beckham Beauty was officially unveiled in September 2019. It was co-founded by Beckham and former Estee Lauder global cosmetics development and marketing director Sarah Creal. It focuses on the new trend of clean beauty (pure beauty). It currently has 6 products including skin base, essence, eyeliner, and eye shadow on Tmall International.
This time, Beckham also customized the exclusive global skin care gift box for Tmall International and connected to Viya's live broadcast room, attracting more than 14 million people to watch online, and 2,000 gift boxes were sold out in 5 minutes. (Yibang Power Network)
4. eBay's net profit increased by 85% year-on-year in the quarter
According to July 29, eBay released its second quarter financial report for the 2020 fiscal year today. According to the financial report, eBay's net revenue increased by 18% year-on-year to US$2.865 billion in the quarter; net profit from continued operations increased by 85% year-on-year to US$740 million. (Sina Technology)
5. Ele.me launched the "Knight Fortress" plan, with 26,000 stores participating
On July 28, Ele.me announced today that it would jointly launch the "Knight Fortress" plan in 120 cities with 26,000 offline stores, adding more than 6,000 offline stores to provide Blue Knight with temporary rest places and simple meals. At the same time, Ele.me started to establish a Blue Knight honor system. 116 Blue Knights with social contributions were awarded the Golden Bamboo Dragonfly. The 12 Blue Knights who had previously carried a car to save people in Hangzhou were also among them. (Yibang Power Network)
Internet news
6. ByteDance Ai Vice President Left
As TikTok's international expansion path was hindered, another important executive of ByteDance left after Senior Vice President Liu Zhen resigned.
On July 27, Tech Planet exclusively learned from multiple sources that Ma Weiying, vice president of ByteDance and director of the Artificial Intelligence Laboratory, resigned. The next stop will be at the Intelligent Industry Research Institute of Tsinghua University and join the team of Zhang Yaqin, the former Baidu President who is preparing for the Industrial Institute.
"He (Ma Weiying) is a master of technology. Recently, many people inside know that he is leaving." A Byte insider told Tech Planet. Ma Weiying's job is in the United States. As ByteDance's nearly top AI talent, Ma Weiying's resignation this time may be related to the problem of AI engineering.
Regarding Ma Weiying's resignation, ByteDance replied to Tech Planet: "According to his own interests, Ma Weiying chose to go to Tsinghua University to engage in talent training and scientific research related work. He will also continue to serve as ByteDance's technical consultant." (36Kr)
7. Huawei's smartphone sales accounted for nearly 50% of the Chinese market in the second quarter
Market research firm Counterpoint released the second quarter domestic smartphone market statistical report, with domestic smartphone sales falling 17% compared with the same period last year. But compared with the first quarter, sales this quarter increased by 9%. Among them, Huawei's sales accounted for 46% of the Chinese market in the second quarter, with vivo, OPPO, Apple and Xiaomi ranked behind. (36Kr)
8. TSMC's market value exceeds Intel
The chip company TSMC has a market value of US$431.741 billion, surpassing its competitor Intel. Previously, TSMC became the world's tenth largest company in market capitalization and pushed Taiwan's benchmark stock index to break the highest record in 30 years. (36Kr)
9. Tencent proposes to acquire Sogou
On the evening of July 27, Sogou stated that it had received a preliminary non-binding offer from Tencent to acquire the company. Once the transaction is completed, Sogou will become a wholly-owned subsidiary of Tencent and Sogou will also be delisted from the New York Stock Exchange. Sogou CEO Wang Xiaochuan then expressed his gratitude to Tencent for its recognition of Sogou's value, technical capabilities and product innovation capabilities. Next, we will carefully discuss and measure related matters so that Sogou can continue to create greater value for users. (Sina Technology)
Cross-border newsletter
10. Amazon 2020 European late summer promotion application channel is opened
On July 28, Amazon Global Store Opened Today, announcing that Amazon has opened an application channel for the 2020 European late summer promotion.
It is reported that Amazon Europe's five sites will participate in this late summer promotion. Buyers can also see event information through TV and radio, Amazon homepage, today's promotion page, press releases, etc. (Hugo.com)
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