#Laogao E-commerce Newsletter# [E-commerce Evening News on July 7]

      Evening News : Royal Mail: The market value of the UK subscription box will reach 1.8 billion pounds by 2025; HSBC: Maintain Alibaba's "buy" rating, and the target price will be reduced to HK$263; Tencent invests in an online workplace education technology company; Ele.me data: Young people in first-tier cities love small portions; news says Hema Fresh secretly launched the new community e-commerce project Hema Neighborhood...

      Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. News says Hema Fresh secretly launched the new community e-commerce project Hema Neighborhood

      According to the report on July 7, according to LatePost, Alibaba's Hema Fresh secretly launched a new community e-commerce project "Hema Neighborhood" in May, with the internal code name "NB Project". The project leader of Hema Neighborhood is Gong Ye, who directly reported to Hou Yi, the founder and CEO of Hema Fresh. The price positioning and coverage area of ​​Hema Neighborhood will be between Hema Fresh Store and Hema Market. At present, Hema Neighborhood has set up stores in cities such as Beijing, Shanghai, Xi'an, and Wuhan. Stores in Beijing and Shanghai have begun to operate, and most stores in other cities are still being renovated and have not officially opened. (E-commerce News)

2. Administrative penalties were imposed on 22 illegally implementing business concentration cases in the Internet field

      According to the July 7th news, according to the Anti-Monopoly Law of the People's Republic of China, the State Administration for Market Regulation filed an investigation into 22 cases of illegally implementing business concentration in the Internet field. After investigation, it was found that all the above cases violated Article 21 of the Anti-Monopoly Law of the People's Republic of China and constituted an illegal implementation of concentration of operators. The assessment was found to have no effect of excluding or restricting competition. Recently, the State Administration for Market Regulation made administrative penalty decisions in accordance with Articles 48 and 49 of the Anti-Monopoly Law of the People's Republic of China, and imposed fines of RMB 500,000 on the enterprises involved in the case. According to the list of administrative penalty decisions, the above cases include Alibaba Network’s acquisition of Tianxian’s equity, Tencent’s acquisition of 58.com’s equity, Tencent’s acquisition of Mogujie equity, and Beijing Sankuai’s acquisition of Aoqiwei’s equity. (Sina Finance)

3. Liangpinpu established Hexiameng Food Company's business scope includes takeaway delivery services

      July 7th news, Hubei Hexiameng Food Co., Ltd. was established with a registered capital of RMB 1 million. The legal representative is Yan Hongbo. The company's business scope includes food business; takeaway delivery services; edible agricultural products retail; food Internet sales, etc. Shareholder information shows that the company is 100% controlled by Hubei Liangpinpuzi Food Industry Co., Ltd., which is a wholly-owned subsidiary of Liangpinpuzi Co., Ltd. (Yibang Power News)

4. Gome’s “Flash Store Delivery” upgrade can be completed in as fast as 30 minutes

      July 7th news, Gome recently upgraded its original "flash store delivery" business. Consumers place orders on the Zhenkang APP to purchase small and medium-sized products such as 3C and small appliances. If nearby stores have goods, Gome's express staff can provide customers with free delivery services that can be delivered to the same city as 30 minutes at the fastest. If nearby stores have no goods, they will allocate from the Okuang and complete the delivery within 24 hours. At present, the service has been piloted in the core area of ​​Beijing and will be gradually opened to the whole country. It is understood that Gome has previously cooperated with third parties such as SF Express, Yunda, and Dada to carry out delivery services. (E-commerce News)

Internet news

5. Ele.me data: Young people in first-tier cities love small portions

      On July 7, the reporter's investigation found that 70% of people in the workplace like to order small portions of food for work, which not only saves money, but also avoids social terror. In response to this consumer demand, there are more than 600,000 small vegetable merchants launched on the Ele.me platform.

      饿了么数据显示，在小份菜的带动下，商业办公区周围餐厅的外卖订单量是去年同期的3倍，以分量大著称的东北餐厅提供的小份菜尤其受到欢迎，筋饼、锅包肉和酸辣土豆丝等东北菜外卖订单量最靠前。

      In addition, the popularity of "small portions of food delivery" in first-tier and new first-tier cities is much higher than that in other cities. Young people in Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou and Chengdu continue to consume small portions of food. On the one hand, they are practitioners of environmental protection and anti-waste, and on the other hand, they also hope to have more choices, pay attention to quality, and pursue a sense of ritual. (E-commerce News)

6. Tencent invests in online workplace education technology company

      According to Tianyancha, on July 5, Guangzhou Mioke Technology Co., Ltd. experienced industrial and commercial changes, with registered capital increased from 2.2222 million yuan to 2.3392 million yuan, an increase of 5.3%. Shareholders added Shenzhen Tencent Entrepreneurship and Innovation Development Co., Ltd. According to industrial and commercial information, Guangzhou Mioke Technology Co., Ltd. was established in December 2017. The legal representative is Yang Yurong. The business scope includes Internet of Things technical services; animation and game development; technology intermediary services; education consulting services; for-profit private training service institutions engaged in language ability, art, sports, technology and other training. (Sina Finance)

Cross-border newsletter

7. HSBC: Maintain Alibaba's "buy" rating, and the target price is reduced to HK$263

      On July 7, HSBC Research released a report downgrading Alibaba-SW Entry Test and maintaining its "buy" rating, with a target price drop from 281 yuan to 263 yuan. The bank believes that the recent tightening of government regulation has limited impact on its profits. HSBC pointed out that Alibaba's fundamentals are solid and it is investing in the future; its revenue is expected to rise 38% year-on-year, and adjusted EBITA is expected to fall 10% year-on-year. The bank estimates that the transaction volume (GMV) of Tmall's physical products has increased by 18% year-on-year, mainly driven by FMCG and clothing products; it is expected that its core e-commerce revenue will slow down to 19% year-on-year, lower than the 21% increase in the same period last fiscal year. As of press time, Alibaba fell 2.10% to HK$205. (Beijing Business Daily)

8. Visa reaches cooperation with Vietnamese mobile payment company Moca

      July 7 news, according to the Vietnam News Agency, Visa has recently reached a cooperation with Moca to encourage consumers to download and install Visa card information storage function from other platforms and use Visa card to pay online. According to Visa's Consumer Payment Attitude Survey, more than half of Vietnamese consumers set up super apps on their mobile devices. 87% of consumers use home delivery services, and 98% of them use this service more frequently during the epidemic. It is reported that there are currently 79 organizations in Vietnam that provide Internet payment services and 44 organizations provide mobile mobile payment services. (Yibang Power News)

9. Royal Mail: The market value of the UK subscription box will reach £1.8 billion by 2025

      July 7 news, recently, Postal Research's official Weibo account released a message that according to Royal Mail's latest UK subscription box market report, the UK subscription box market value will reach 1.8 billion pounds by 2025. The value of its subscription box market has more than doubled (135%) since Royal Mail released its latest industry report based on 2017 data. In 2020, UK consumers spent nearly £1.4 billion on subscription boxes, while delivery providers delivered nearly 88 million to subscription boxes across the UK. It is understood that almost one-third (30%) of shoppers in the UK now sign up for at least one subscription box service. Additionally, more than a quarter (27%) of subscription boxes are delivered via email. (Economic Reference News)

10. Grubhub plans to launch robotic meal delivery service on U.S. university campuses

      July 7 news, according to foreign media reports, food delivery service provider Grubhub has established a partnership with Russian technology company Yandex Self-Driving Group. The two parties plan to launch robotic food delivery services on major campuses in the United States starting this fall. Grubhub said Tuesday that the company will use a suitcase-sized robot made by Yandex NV to deploy it to some of the campuses of 250 universities across the U.S. where the company already offers food delivery services. It is reported that these robots have previously conducted commercial trials and tests in Russia through food delivery platform Yandex.Eats and grocery express delivery platform Yandex.Lavka. (36Kr)