#Laogao E-commerce Newsletter# [November 17 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [November 17 E-commerce Morning News] Alibaba: Opening a long position in the third quarter, with a heavy position in B station; Baidu released its Q3 financial report: revenue of 28.2 billion yuan, net profit of 13.7 billion yuan exceeded expectations; Yangmatou: The "global shopping season" of 2020 will officially start on November 20; live broadcast for Double 11 is still hot with traffic: in 2020, Mujia e-commerce sales increased by nearly 3 times year-on-year; Huawei: After delivery, Huawei does not hold any shares, nor does it participate in business management and decision-making...

　　E-commerce newsletter

　　1. Alibaba: Open a position in the third quarter and go long on Xiaopeng Motors, with a heavy position in B station

　　In the early morning of November 17, Alibaba said that it opened a long position in the third quarter, with a shareholding value of US$133.5 million in circulating shares accounting for 1.5%. It has a heavy holding of Bilibili, with a shareholding value of US$416 million, and has a heavy holding of Weibo, Lyft, Xiaopeng Motors, and Momo. (Sina)

　　2. JD.com: As of October, JD.com plus members exceeded 20 million

　　According to news on November 16, as of October, the number of JD PLUS members has exceeded 20 million. Data shows that from November 1 to 10 this year, the transaction volume of JD PLUS members increased by more than 70% year-on-year, and more than 600 brands provided PLUS users with thousands of life privileges, and the amount of life privileges received increased by 100% year-on-year. (E-commerce News)

　　3. Baidu released Q3 financial report: revenue of 28.2 billion yuan, net profit of 13.7 billion yuan exceeded expectations

　　According to Titanium Media on November 17, Baidu released its unaudited third-quarter financial report as of September 30, 2020. According to the financial report, in the third quarter of 2020, Baidu achieved revenue of 28.2 billion yuan, and its net profit attributable to Baidu reached 13.7 billion yuan, and its revenue and profit exceeded Wall Street's expectations.

　　从具体业务板块来看，百度核心反弹显著，实现营收214亿元，是带动百度营收增长的主力。其中，百度核心在线广告收入184亿元；得益于智能云业务收入攀升，百度核心非在线广告收入29亿元，同比增长14％。

　　Baidu Chairman and CEO Robin Li said: "In the third quarter, as many vertical advertising businesses ushered in a turning point, Baidu's revenue also achieved positive growth. Baidu will further benefit from China's economic recovery trend with its unique advantages. In the past few years, Baidu has built a prosperous and strong mobile ecosystem, laying a solid foundation for the development of non-online advertising business." (Titanium Media)

　　4. Yang Wharf: The 2020 Black Friday "Global Shopping Season" will officially start on November 20

　　36Kr learned that the domestic vertical cross-border e-commerce platform Yangmatou announced that the 2020 Black Friday "Global Shopping Season" will officially start on November 20, until it ends on November 30, and lasts for 10 days. (36Kr)

　　5. Live broadcast is still popular for Double 11: in 2020, Mujia e-commerce sales increased by nearly 3 times year-on-year

　　The 2020 Double 11 carnival season ended, with the total transaction volume of Tmall Double 11 reaching 498.2 billion. In addition to the smoother purchase experience this year, users' interaction and immersion have been further improved, and merchant live broadcasts have become the standard.

　　As a comprehensive medical service group that was the first to try large-scale live broadcasts during the "618 Shopping Festival", United Family tried the waters for the second time during Double 11, and innovatively upgraded gameplay: live broadcast + talk show, and invited popular talk show star Norah to settle in the live broadcast room. The transaction amount of live broadcast in 2 hours has reached tens of millions again; the number of viewers exceeds 2 million, and visitors cover most provinces, cities and regions; the number of live broadcast interactions reaches tens of millions, occupies the first place in the Double Eleven Cat Medical Beauty Live Hour List. (Europe)

　　Internet news

　　6. Laptop shipments in 2020Q3 increased by 34% year-on-year, HP surpassed Lenovo and ranked first

　　Titanium Media reported on November 17 that data research firm Strategy Analytics released the data on laptop shipments in the third quarter of 2020. Due to the increase in demand for remote office, shipments in 2020 Q3 increased by 34% year-on-year. (Titanium Media)

　　7. Didi officially releases customized online car-hailing D1

　　36Kr learned that Didi officially releases the customized online car-hailing D1. Didi Chuxing CEO Cheng Wei said that D1 is the world's first customized online ride-hailing car-hailing, and it took three years to build it in cooperation with BYD. Cheng Wei said that Didi plans to launch the D3 in 2025, popularize 1 million vehicles, and is equipped with autonomous driving functions; in 2030, it hopes to remove the cockpit and plan to achieve full autonomous driving. (36Kr)

　　8. Baidu acquires Huanju domestic video entertainment live broadcast business YY live broadcast

　　36Kr learned that Huya Group announced today that it had signed a final agreement with Baidu. According to the agreement, Baidu will acquire Huya’s domestic video entertainment live broadcast business (“YY Live”) for approximately US$3.6 billion in cash (adjusted according to the agreement), including but not limited to YY mobile app, YY.com website and YY PC. Transaction delivery depends on the delivery conditions agreed in the agreement and is currently expected to be completed in the first half of 2021. (36Kr)

　　9. Huawei: After the delivery, Huawei does not own any shares, nor does it participate in business management and decision-making.

　　36Kr learned that Huawei's official statement stated that at a difficult time when industrial technology factors are unsustainable and consumer business is under tremendous pressure, in order to allow Honor channels and suppliers to continue, Huawei Investment Holdings Co., Ltd. decided to sell Honor business assets as a whole, and the acquirer was Shenzhen Zhixin New Information Technology Co., Ltd. Regarding Honor after delivery, Huawei does not own any shares, nor does it participate in business management and decision-making. (36Kr)

　　Cross-border newsletter

　　10. Google, Amazon and other companies will establish new payment platforms in India

　　According to media reports, recently, companies such as Google, Facebook and Amazon are preparing to cooperate with Indian companies to form a new payment platform to fight NPCI in response to the "30% total transaction limit policy" to be issued by the Indian National Payment Company (NPCI). (E-commerce News)

 Click to register < a> Apply to join the well-known domestic e-commerce network - Laogao E-commerce Club. All businesses, Tmall merchants, Taobao Crown Stores, Jinguan Stores, and other e-commerce platform merchants can apply to join! < a>

,