#Laogao E-commerce Newsletter# [E-commerce Morning News on September 21] China Post and Pinduoduo have reached a strategic cooperation, and will build 150 China Post agricultural product bases within three years; Cainiao Gou has launched express delivery services in more than 20 countries and regions around the world; Suning.com: It will accelerate the development of online and home delivery business; Dong Mingzhu's live broadcast sales in Guilin was 1.18 billion, and the cumulative sales of eight live broadcasts reached 34.18 billion; Tencent: WeCom is the overseas version of the enterprise WeChat, and it is different from WeChat...
E-commerce newsletter
1. China Post and Pinduoduo have reached strategic cooperation and will build 150 China Post agricultural product bases within three years
36Kr learned that China Post Group Co., Ltd. and Pinduoduo have reached a strategic cooperation agreement in Beijing. The two sides will give full play to their respective advantages in the fields of agricultural products entering the city and poverty alleviation and assistance to agriculture, and comprehensively promote the docking and cooperation between agricultural product production and sales. China Post will give full play to the advantages of "three-stream integration" of capital flow, logistics and commercial flow, and provide comprehensive solutions for Pinduoduo's agricultural product production and sales docking. At the same time, China Post will also give full play to the advantages of postal enterprises to reach the source directly, and use three years to build 150 China Post agricultural product bases to supply high-quality agricultural products to the Pinduoduo platform from the source. (36Kr)
2. Cainiao Gougou has launched express delivery services in more than 20 countries and regions around the world
September 20th news, today, Alibaba Cainiao Gouu CEO Li Jianghua revealed that Cainiao Gouuu has launched express delivery services from China to more than 20 countries and regions in the global market this year, with the cost being 50% of the industry's average price. Next year, it plans to expand the domestic delivery points from 100,000 to 200,000, and serve 400 million target customers. (E-commerce News)
3. Suning.com: It will accelerate the development of online and home delivery businesses
On September 20, Suning.com stated on the interactive platform: The company will accelerate the development of online and home delivery businesses, strengthen the digitalization and Internetization of stores, and promote dual-line integration. Currently, in addition to Carrefour Home Delivery, we have also launched 1-hour delivery services in some cloud stores, Hongchi and other stores. (Titanium Media)
4. Meituan Xiaoxiang Fresh Beijing Fangzhuang Store is closed, with only 1 store left
According to September 20, recently, some media discovered that the Xiaoxiang Fresh Beijing Fangzhuang store, a subsidiary of Meituan, has been closed. It is reported that on September 7, Meituan Xiaoxiang Fresh issued an announcement on the closing of Fangzhuang store on the mini program, saying that Fangzhuang store will be closed from September 9. Now, the only two Xiaoxiang Fresh Stores left are now the only one in Beijing Wangjing Botai Store. (E-commerce News)
5. Dong Mingzhu's live broadcast sales in Guilin was 1.18 billion, and the cumulative sales of eight live broadcasts reached 34.18 billion.
According to the official WeChat account of Gree Electric Appliances on the 20th, on the evening of September 19, the third stop of Gree Electric Appliances' national live broadcast was broadcast in Guilin, and the live broadcast completed sales of 1.18 billion yuan. This Guilin live broadcast is Gree's eighth live broadcast this year, with cumulative sales of 34.18 billion. (Titanium Media)
Internet news
6. Zhongguancun supports the market application of first-class products, with a maximum subsidy of 2 million yuan
In order to support Zhongguancun’s first product entry into the market for the first time, Zhongguancun will provide financial support to the first product development unit at a ratio of no more than 30% of the contract amount for the first time entry. The maximum subsidy for international first product is 2 million yuan, and the maximum subsidy for domestic first product is 1 million yuan. (Europe)
7. Storm Group enters the delisting settlement period from September 21
According to the relevant provisions of Article 2 of the "Implementation Measures for the Relisting of Delisted Companies on Shenzhen Stock Exchange (Revised in 2018)", the Shenzhen Stock Exchange GEM does not accept applications for relisting of the company's stocks, so after the delisting of the stocks of Storm Group, it will not be able to relist on the GEM. (Zhitong Finance)
8. Perfect Diary completes a new round of financing: Warburg Pincus and Carlyle will be listed in the United States as soon as possible
On September 21, the domestic beauty brand Perfect Diary has recently completed a new round of financing. The new investors include Warburg Pincus Investment, Carlyle Investment Group, Zhengxin Valley Innovation Capital, etc., with a post-investment valuation of US$4 billion and will be officially listed in the United States as soon as possible before the end of 2020. Goldman Sachs, Morgan Stanley and others are responsible for IPO matters. (Titanium Media)
9. Tencent: WeCom is the overseas version of enterprise WeChat, and it is different from WeChat.
On September 20, Tencent responded to the operation of WeCom products in the United States that WeCom is an overseas version of enterprise WeChat, an internal and external communication management tool based on organizations and enterprises, and is a completely different product from WeChat. (Titanium Media)
Cross-border newsletter
10. Walmart: Temporarily agrees to buy 7.5% of TikTok Global shares
36Kr learned that Walmart issued a statement on its official website, temporarily agreeing to purchase 7.5% of TikTok Global's shares and reaching a commercial agreement to provide e-commerce and other omni-channel services to TikTok Global. TikTok Global will be majority-controlled by U.S. investors including Oracle and Walmart, and Walmart CEO Doug McMillon will serve as one of five board members of the new company. (36Kr)
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