#Laogao E-commerce Newsletter# [E-commerce Morning News on August 24]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on August 24] Koala Haigou: Working with 1% of the world's high-quality brands to create exclusive members' Double 11; Yangmai and Luo Yonghao live broadcast report: The payment amount exceeds 44 million yuan; Huazhu Group's "Huazhu Club" announced its official entry into Pinduoduo; Chanel, Louis Vuitton and other leading luxury brands will undergo a new round of price adjustments; the list of the world's most valuable unicorns: ByteDance ranked first with a valuation of US$140 billion...

　　E-commerce newsletter

　　1. Huazhu Association, a subsidiary of Huazhu Group, announced its official entry into Pinduoduo

　　36Kr learned that the "Huazhu Association" under Huazhu Group announced that it had officially settled in Pinduoduo and opened an official flagship store. Pinduoduo will launch the "Huazhu Club Brand Day" event at the same time, and more than 2,000 hotels under Huazhu Group participated. According to reports, during the "Huazhu Brand Day", Pinduoduo will invest core resources such as "10 billion subsidies" and "limited-time flash sale". (36Kr)

　　2. Yangwo Wai and Luo Yonghao live broadcast report: The payment amount exceeds 44 million yuan

　　On August 23, at 8 pm on August 21, Yangwo Wai and Luo Yonghao launched a special live broadcast of the "10th Anniversary of Yangwo Wai" in the Douyin live broadcast room. Data shows that the four-hour live broadcast achieved a payment amount of 44.58 million yuan, 228,800 orders, and a total of 3.67 million viewers. Among them, the top three items sold are: RVM Thailand latex pillow, which sells more than 26,000 pieces; Bedma makeup remover, which sells more than 11,000 pieces and VT tiger facial cleanser, which sells nearly 10,000 pieces. (E-commerce News)

　　3. Tmall Supermarket: The scale of pet supplies transactions increased by more than 500% year-on-year in the past week

　　According to reports on August 22, data released by Tmall Supermarket showed that driven by the "hourly delivery" service, the daily transaction scale of pet supplies increased by more than 500% year-on-year in the past week, with the highest increase of nearly 600%. The demand for pet supplies consumption in Guangdong, Shanghai, Jiangsu, Zhejiang and Beijing is the strongest, and the consumption scale of pet supplies in Sichuan, Shandong, Hubei, Fujian, Liaoning and other provinces is also among the forefront in the country. (E-commerce News)

　　4. Koala Haizhuang: Work with 1% of the world's high-quality brands to create exclusive members' Double 11

　　On August 22, yesterday, Koala Haigou COO Liu Yiman announced at the Koala Global Partner Ceremony that Koala has initiated the establishment of a member e-commerce brand alliance, and will work with 1% of the world's high-quality merchants and brands to create an exclusive Double 11 for Koala Black Card members. (E-commerce News)

　　5. Leading luxury brands such as Chanel and Louis Vuitton will undergo a new round of price adjustments

　　Following the price increase trend in May, some luxury brands may raise prices again in September. On August 23, it was learned from social media and some overseas purchasing channels that starting from September 1, leading luxury brands such as Chanel, Louis Vuitton, Cartier, and Tiffany will undergo a new round of price adjustments. At present, offline stores in European countries such as the United Kingdom and France have changed. Handbags involving price increases are basically "the styles that did not increase when the price increases in May", including cocohandle, Chanel 19, box bags, etc. In addition, this price increase will also include some unpopular styles. (Beijing Business Daily)

　　Internet news

　　6. The list of the world's most valuable unicorns: ByteDance ranks first with a valuation of US$140 billion

　　On August 23, according to Sina Finance, venture capital data company CB Insights released the list of the world's most valuable unicorns, and ByteDance ranked first with a valuation of US$140 billion. Didi Chuxing and SpaceX ranked second and third with valuations of US$56 billion and US$46 billion respectively. (E-commerce News)

　　7. Huawei holds an IFA event on September 3: It may launch Kirin 9000

　　On August 24, Huawei announced that it will hold an IFA 2020 keynote speech at 14:00 pm local time on September 3 (20:00 Beijing time). It is expected to launch the 5nm Kirin 9000 5G processor and announce the release time of the Mate 40 series. (Titanium Media)

　　8. Changes in equity of Ant Group’s employee stock ownership platform, and Jack Ma’s shareholding ratio declines

　　36Kr learned that Tianyancha App showed that on August 21, Hangzhou Yunbo Investment Consulting Co., Ltd. experienced industrial and commercial changes, and Jack Ma's shareholding in the company dropped from 100% to 34%, and new shareholders Hu Xiaoming, Jiang Fang and Jing Xiandong held 22% of the shares respectively. The equity penetration chart of Tianyancha App shows that Hangzhou Yunbo Investment Consulting Co., Ltd. indirectly holds shares of Ant Technology Group Co., Ltd. through Hangzhou Junao Equity Investment Partnership (Limited Partnership) and Hangzhou Junhan Equity Investment Partnership (Limited Partnership). (36Kr)

　　9. Meituan and Guizhou Province signed a strategic cooperation agreement

　　On August 22, yesterday, Meituan Dianping and Guizhou Provincial Government signed a "1+N" strategic cooperation agreement. The two parties will give full play to their respective resource advantages and focus on in-depth cooperation in poverty alleviation, new cultural and tourism infrastructure, digital training, etc., to help "Guizhou goods come out of the mountains" and "tourists enter the mountains", and jointly create a new ecology of Guizhou's digital economy. According to the agreement, in the field of employment poverty alleviation, Meituan will increase its efforts to recruit riders in poor counties in Guizhou and provide green channel services for registered poor people. In addition, Meituan will also use its business channels such as grocery shopping and Kuailu to help "Guizhou goods come out". (E-commerce News)

　　Cross-border newsletter

　　10. Hunan Province issued two newly approved cross-border e-commerce comprehensive pilot zone implementation plans

　　On August 22, the Hunan Provincial People's Government recently issued a notice on issuing the "Implementation Plan for the China (Xiangtan) Cross-border E-commerce Comprehensive Pilot Zone" and the "Implementation Plan for the China (Chenzhou) Cross-border E-commerce Comprehensive Pilot Zone". According to the two implementation plans, Xiangtan and Chenzhou, the two cross-border e-commerce comprehensive pilot zones, will strive to achieve an annual import and export volume of US$1 billion in cross-border e-commerce in about five years. (E-commerce News)

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