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#Laogao E-commerce Newsletter# [November 27 E-commerce Morning News]

2020-11-27

  #Laogao E-commerce Newsletter# [November 27 E-commerce Morning News] Tmall City Shopping helps the digitalization of more than 30 department stores across the country; DingTalk releases a "free migration" plan to be trial-run by December 31; Another "Mouse Tail Juice" company was established in Shandong, with its business scope including personal Internet live broadcast services, etc.; Ren Zhengfei: Don't be connected after Honor and Huawei "divorce"; Apple applies for Touch Bar patent for the new MacBook: Support Force Touch pressure touch...

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  E-commerce newsletter

  1. Tmall City Shopping helps the digitalization of more than 30 department stores across the country

  On November 26, Alibaba Vice President Li Yonghe shared with the presidents of more than 30 key department stores across the country yesterday that the department store industry can better integrate with e-commerce platforms, and department stores can use digitalization to reconstruct "people and goods yards", meet consumers' needs in multiple scenarios through product power and "zero-time difference services", and become smart retailers. Xiang Ying, head of Tmall City Purchase business, believes that Tmall City Purchase can provide a thorough digital transformation for the department store industry and create business growth for enterprises. Data shows that during this year's Double 11, "Tmall City Shopping" achieved a 900-fold increase month-on-month growth with its new retail business in Shanghai, Fuzhou, Chongqing, Hangzhou and other department stores. (E-commerce News)

  2. Yunji released Q3 financial report: total revenue in the third quarter was 1.0667 billion yuan, and transaction membership increased to 13 million.

  On November 26, Yunji (NASDAQ:YJ), a socially driven boutique member e-commerce platform, announced its unaudited financial results for the third quarter ended September 30, 2020. (Titanium Media)

  3. Moore Mom App launches "Pin Category" product and starts the "community group buying" model

  According to the report on November 25, according to the Rule of Law Weekend, from November 24 to 26, the Beijing Higher People's Court did not publicly cross-examine the case of JD.com suing Tmall and Alibaba's abuse of market dominance. Public information shows that in 2017, JD.com filed a lawsuit against Tmall and Alibaba, claiming that Alibaba abused its dominance in the B2C online retail platform market in mainland China, and its "choose one" implementation constitutes a restricted transaction under the abuse of market dominance. The case was filed in the Beijing High Court on December 8, 2017. It is understood that the "Anti-monopoly Guidelines on the Platform Economy" (draft for soliciting opinions) recently released by the State Administration for Market Regulation clearly states that the "two choices" of the platform constitutes a limited transaction behavior. (E-commerce News)

  4. DingTalk releases the "Free Migration" plan to be trial-run by December 31

  According to November 26, in order to build a more open platform and help companies improve efficiency, DingTalk, a collaborative office platform under Alibaba, released a "free migration" plan today, which will be trial-run by December 31. Enterprise users can move third-party applications purchased on other platforms to DingTalk for free. It is understood that at present, more than 200,000 developers have settled in the DingTalk open platform. At the same time, more than 2,000 companies have become ecological partners for DingTalk cooperation, of which more than 30% of the partners have completed financing after joining the DingTalk ecosystem. (E-commerce News)

  5. Sign a strategic cooperation agreement with Shandong Airlines

  On November 26, on November 24, Kuaiyue Express Group Co., Ltd. and Shandong Airlines Co., Ltd. signed a strategic cooperation agreement at the Jinan Shanhang headquarters. The two parties will establish a comprehensive cooperative relationship in air transportation, warehousing, cargo charter flights, IT system docking, product competitiveness, brand effect, etc. Use a new cooperation model to open up the "main artery" of north-south circulation, and promote the comprehensive optimization of the supply chain of manufacturing enterprises in Shandong and surrounding provinces and cities. In addition, this cooperation is an expansion of shipping strength in the sprint season at the end of the year, making sufficient combat reserves for the consumption and circulation of commodities for the upcoming Double 12 and Christmas festivals. (E-commerce News)

  Internet news

  6. Ren Zhengfei: Don’t be connected after Honor and Huawei’s “divorce”

  On November 26, Huawei President’s Office released a speech by Huawei founder Ren Zhengfei at the farewell party of Honor. Ren Zhengfei said that Honor and Huawei should not be connected after their "divorce" and the new Honor should regard Huawei as an opponent. It is reported that on November 17, Huawei announced the overall sale of Honor business assets, and the acquirer was Shenzhen Zhixin New Information Technology Co., Ltd., which is the major shareholder of Shenzhen State-owned Assets Supervision and Administration Commission. In addition, more than 30 Honor agents and dealers including Suning.com also participated in the investment. Regarding Honor after delivery, Huawei stated that it does not own any shares, nor does it participate in business management and decision-making. (Source: Caixin)

  7. Another "Mouse Tail Juice" company was established in Shandong, with its business scope including personal Internet live broadcast services, etc.

  36Kr learned that Tianyancha App shows that after the establishment of Hainan Mouse Liquor Culture Media Co., Ltd., Shandong Mouse Liquor Culture Industry Co., Ltd. was established on November 25. The company has a registered capital of 3 million yuan and the legal representative is Ren Tong. The company's business scope is digital cultural and creative content application services; cultural and entertainment broker services; personal Internet live broadcast services (requires registration); Internet sales (except for sales of products that require licenses). (36Kr)

  8. Many listed companies have 6G layouts, and the market size is far beyond 5G.

  According to China Mobile's forecast, by 2025, domestic 5G will drive nearly 10 trillion yuan in market size, and after 6G is officially commercialized, it will drive a larger market size. Of course, there is still a long time before 6G is formed into a network. According to Samsung's white paper, the completion and commercialization of the 6G standard may be realized as early as 2028, and large-scale commercialization may be realized around 2030. It was found that as of now, there are 20 A-share 6G concept stocks, with a new market value of 523.7 billion yuan, and the market value of five companies, including ZTE, TCL Technology, China Satellite Communications, Xinwei Communications, and Zhongji Xuchuang, exceeding 30 billion yuan. (Securities Times)

  9. Apple applies for Touch Bar patent for the new MacBook: Support Force Touch pressure touch control

  The U.S. Patent and Trademark Office today released a new patent application showing a new version that is essentially the same as the existing Touch Bar. But the new model supports Force Touch touch sensing technology. Through Force Touch, the device can sense the force of light and heavy pressure and call out different corresponding functions. Previously, the first generation of Apple Watch adopted the Force Touch sensor for the first time, allowing the screen to recognize touch pressure and perform different operations according to the touch intensity. (IT Home)

  Cross-border newsletter

  10. Thanksgiving online purchase orders surge, Amazon gives front-line employees $500 million a one-time bonus

  On November 27, the United States ushered in Thanksgiving on Thursday Eastern Time. Amazon issued a notice on the same day that it will issue a one-time bonus of more than $500 million to reward employees who are still staying at their jobs during the epidemic and festivals. (Titanium Media)


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