#Laogao E-commerce Newsletter# [E-commerce Morning News on December 3] The "2020 Sichuan E-commerce Festival" was officially launched; Suning.com: "18 Suning 01" and other bonds have been repurchased; Ant Group responded to the sale of "Paytm 30% shares" in India's Alipay: The news is untrue; New Honor has entered the personnel integration stage, and cash compensation can be up to N+5; WeBank announced the repayment plan for Eggshell Apartment's rent loan: interest-free extension to the end of 2023, involving 160,000 tenants...
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1. The "2020 Sichuan E-commerce Festival" officially started
According to the Sichuan Daily, the "2020 Sichuan E-commerce Festival" was officially launched in Chengdu yesterday and the event will last for one month. Online, more than 10 live broadcast platforms such as Taobao and JD have simultaneously carried out Sichuan goods column promotions, and nearly 1,000 institutions such as Sichuan Post and Sichuan Mobile have simultaneously organized a series of discount promotions. More than 150 anchors have set up 9 sub-venues, with more than 45,000 product categories; offline, the event links e-commerce live broadcast bases, e-commerce parks, shopping centers and other places to carry out anchors’ goods, display experiences, regional interactions and other activities, and more than 2,700 stores will participate.
(E-commerce News)
2. Suning.com: The "18 Suning 01" and other bonds have been repurchased
36Kr learned that Suning.com announced that the "18 Suning 01" and other bonds have been repurchased, and the company will fully pay the bond repurchase amount on December 9 to the bank account designated by the Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. (36Kr)
3. Hugo Award winner Hao Jingfang Pinduoduo Live Broadcast Nearly 70,000 people rushed to buy online
According to Sutu.com, recently, Hao Jingfang, the winner of the 74th Hugo Award, visited the Pinduoduo live broadcast room, recommended books to netizens on the platform, and shared his growth process and writing thinking training. The live broadcast was jointly initiated by Pinduoduo's 10 billion subsidy and CITIC Publishing Group, and the live broadcast room was built in Beijing CITIC Publishing House. All books in this live broadcast are selected by "system + manual" multi-layer products, combined with Pinduoduo's 10 billion subsidy, plus the discount of "10 off for every 40 yuan", all of which are the lowest prices for authentic products on the entire network. Consumers do not need to receive coupons, and the price is as low as 50% off after subsidies, attracting nearly 70,000 people to buy online on the same day. (E-commerce News)
4. JD Smart Community Project is launched in Luoyang
On December 3, the "E-commerce Daily" learned that the launch ceremony of the JD Smart Community (Luoyang) Operation Center, sponsored by Henan Digital Technology Haomu Network Technology Co., Ltd. (hereinafter referred to as Henan Digital Technology) and co-organized by Luoyang E-commerce Association, was recently held at Lianfei Center of Luoyang High-tech Zone. At the signing ceremony, Wang Ke, general manager of Henan Digital Technology, and Wang Yin, director of the Industrial Innovation Department of JD Logistics Supply Chain Industry Platform, signed a Luoyang Regional Authorization Cooperation Agreement for JD Smart Community Project. (E-commerce News)
5. TikTok is testing three-minute videos
According to engadget, according to a tweet shared by social media consultant (former Next network reporter) Matt Navarra, said that TikTok has begun to provide some users with up to 3 minutes of uploading videos, and TikTok's video time has been limited to 60 seconds. The feature is still in its early stages of testing. (Pinwan)
Internet news
6. Uber negotiates sales of air taxi business
On December 3, the E-commerce News learned that according to people familiar with the matter, Uber Technology Corporation is in advanced negotiations to sell its air taxi business "Uber Elevate" to aerospace company Joby Aviation. Uber has no response to this news. In addition, Hyundai, which announced in January this year to cooperate with Uber Elevate to develop electric air taxis, has not responded yet. Uber cut 23% of its employees in May due to the impact of the coronavirus pandemic on its business and said it would focus on its core taxi-hailing and food delivery businesses. The company is also negotiating to sell its self-driving business. (E-commerce News)
7. Ant Group responds to the sale of "30% of the shares of "Paytm" in India: The news is untrue
Titanium Media reported on December 2 that according to Reuters today, Ant Group is considering selling a 30% stake in Paytm, India's largest mobile payment and business platform. In response, Ant Group responded that the news was untrue. (Titanium Media)
8. New Honor enters the personnel integration stage, and cash compensation can be up to N+5
People familiar with the matter revealed that the personnel integration of New Honor Company has begun one after another. If nothing unexpected happens, the signing of new labor contracts for all personnel will be completed by the end of this month. It is understood that the personnel integration will last for one month from December. The effective date of the new labor contract signed by the employee is January 1, 2021, with a four-year contract period. This also means that after the personnel integration is completed, starting from January 1, 2021, the brand new Honor will officially enter the market. According to Honor employees who have signed a new labor contract, the company's contract fee for all employees who join the New Honor is N+1. On this basis, a two-choice compensation plan is provided, namely, 4 months' salary or a certain amount of ESPO (virtual stock dividends) purchased by the company. (Tencent First-line)
9. WeBank announced the repayment plan for Eggshell Apartment’s rental loan: interest-free extension to the end of 2023, involving 160,000 tenants
Titanium Media reported on December 2 that WeBank issued an announcement to WeBank’s housing consumer loan customers stating that it suggested that customers of the bank’s housing consumer loans who were forced to move out could register relevant information at the bank. As of December 1, among the 161,845 customers who rented Eggshell Apartment in WeBank, 40,077 people have confirmed that they have completed the registration after the customer has submitted it. (Titanium Media)
Cross-border newsletter
10. Amazon is rumored to be negotiating a podcast company worth over $300 million
On December 3, the E-commerce News learned that the Wall Street Journal quoted people familiar with the matter on Wednesday that Amazon is negotiating the acquisition of podcast startup Wondery, which is valued at more than $300 million. The report said the deal negotiations are still in progress and may still break down. Amazon and Wondery have not responded to this news yet. It is also reported that in November this year, Apple and Sony Music Entertainment held acquisition negotiations with Wondery respectively. Industry evaluation company Podtrac said Wondery is one of the largest independent podcast studios and networks, with more than 8 million listeners per month. (E-commerce News)
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