#Laogao E-commerce Newsletter# [October 20th E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [October 20 E-commerce Morning News] Suning.com Double Eleven National Carnival Press Conference is scheduled; JD Han Rui: JD Double 11 promotion will last for 22 days and will launch more than 200 million 50% off products; more than 1,600 stores under CR Vanguard participated in JD's "1020 Supermarket Carnival"; Three Squirrels: It plans to join forces with multiple suppliers to build the Three Squirrel Alliance factory for 2 billion yuan; 2020 Hurun Rich List: Jack Ma is still the richest man to donate 100 billion yuan, and Nongfu Spring Zhong Shanshan is the third...

　　E-commerce newsletter

　　1. Suning.com Double Eleven National Carnival Press Conference is scheduled

　　According to October 19th, today, Suning.com announced that the Double Eleven National Carnival launch conference will be scheduled for October 26th. It also stated that there will be a major content such as 10 billion subsidies, service upgrades, and super shows, with surprises in form. It is reported that as early as before the 11th Double Festival, Suning.com announced on September 28 that it would launch Double Eleven in advance, and invest 5 billion subsidies and 100 million super-low-hit products in advance to promote promotions. In addition, a series of three-dimensional live broadcasting measures including two super show live broadcasts, super buyer live broadcasts, brand expert live broadcasts, factory broadcasts, and village broadcasts have been arranged. (E-commerce News)

　　2. JD Hanrui: JD Double 11 promotion will last for 22 days and will promote more than 200 million items with 50% off

　　Han Rui, vice president of JD Group and head of JD Retail Group Platform Business Center, announced that the "2020 JD 11.11 Global Love Season" will officially start from October 21, and will last for 22 days until November 11. During this period, it will bring more than 200 million 50% off products and more than 300 million new products to consumers. Three major home courts will be built through pre-sales, number one Beijing post, double 10 billion plan, new products, live broadcasts, interactive gameplay, etc. (36Kr)

　　3. HCNN's new official website is launched: Reshaping the online business transaction scenario of enterprises

　　According to Chuangkr.com, HCong.com recently upgraded its official website and has now launched a new official website. Through a super-linear new growth model, it revitalizes the traffic in the site, further meets merchants' procurement needs, and also provides sellers with accurate and effective business opportunities to reshape the industry relationship network. According to reports, the upgrade of HCN Network is mainly divided into two aspects. First, re-lay out the homepage based on merchant needs, so that the homepage can provide merchants with greater value and more convenience; second, actively explore how the B2B platform reshapes the online transaction scenario and take the lead in launching social products - business districts. (E-commerce News)

　　4. JD launches the first wall-mounted boiler festival to release industry insight report

　　On October 19, JD.com's first wall-mounted boiler festival kicked off in Beijing today. JD.com home appliances and mainstream wall-mounted boiler brands officially launched JD.com's first wall-mounted boiler festival, with the event lasting three days, namely October 19 to October 21. Based on JD sales big data, JD.com and Aowei Cloud Network jointly released the "2020 Wall-mounted Boiler Industry Insight Report". In the first half of this year, the total shipment of the wall-mounted boiler industry was 1.18 million units, of which 260,000 units were shipped in the first quarter, a year-on-year decrease of 38.2%, which was greatly affected by the epidemic. (E-commerce News)

　　5. Vipshop appoints Cui Dawei as the new CFO

　　On October 19, Vipshop issued an announcement today stating that it would appoint David Cui as the new CFO. In August this year, Vipshop announced that CFO Yang Donghao would resign in November. It is reported that Cui Dawei served as the chief financial officer of China Digital Video from August 2015 to April 2017, and from August 2017 to September 2020, he served as the chief financial officer of Huami Technology. (E-commerce News)

　　Internet news

　　6. More than 1,600 stores under China Resources Vanguard participated in the "1020 Supermarket Carnival" of JD.com

　　36Kr learned that recently, JD.com, a local instant retail platform under Dada Group, officially launched the "1020 Supermarket Carnival". China Resources Vanguard participated in the first time with its all-industry brands, including Wanjia MART, Wanjia LIFE, Olé, blt, Suguo, V>nGO and other business brands. More than 1,600 stores participated in this year's event, covering cities doubled compared with the same period last year. (36Kr)

　　7. Three Squirrels: It plans to join forces with multiple suppliers to build the Three Squirrel Alliance factory for 2 billion yuan

　　36Kr learned that Three Squirrels issued an announcement stating that the wholly-owned subsidiary East China Supply Chain and Anhui Wuwei Economic Development Zone Management Committee signed an "Investment Agreement" to reach a cooperation intention on the establishment of multiple suppliers and enterprises in Wuwei City to jointly operate the "Three Squirrel Alliance Factory" to be built in accordance with the law. The total investment in the project is 2.06 billion yuan, which is carried out in two phases. The total investment in the first phase is about 1 billion yuan, of which the investment in the East China supply chain is expected to not exceed 100 million yuan. (36Kr)

　　8. BOE will supply screens to the iPhone 12 series by the end of the year, with the range being limited to 12 and mini

　　According to people familiar with the industry chain, BOE will provide screens to Apple's new iPhones by the end of this year, and BOE's supply scope is limited to iPhone 12 and iPhone 12 mini. The flagship configurations of the iPhone 12 Pro and iPhone 12 Pro Max are still supplied by LG and Samsung. (Sina Finance)

　　9. Hurun Rich List in 2020: Jack Ma still remains the richest man by donating 100 billion yuan, and Zhong Shanshan, Nongfu Spring, is the third

　　On October 20, the "2020 Hurun Rich List" was released. Jack Ma ranked the richest man again with a net worth of nearly 400 billion yuan, and Ma Huateng and Nongfu Spring founder Zhong Shanshan ranked second and third. (Titanium Media)

　　Cross-border newsletter

　　10. Report: In September this year, Brazil's largest online store visits exceeded 1.2 billion times

　　According to the report on October 19, Conversion recently released a report on the Brazilian e-commerce industry. The report data showed that in September 2020, Brazil's largest online store visited more than 1.2 billion times. Brazil's e-commerce growth is expected to continue in October, with the industry visits reaching at least 1.22 billion.

　　The E-commerce Daily learned that due to the impact of the epidemic, Brazilian consumers currently tend to shop online, and many traditional retailers and small merchants turn to online sales. Data shows that from January to May this year, the sales growth rate of online stores in northeastern Brazil reached 60.9%. (E-commerce News)

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