#Laogao E-commerce Newsletter# [November 8 E-commerce Morning News]

Morning News: JBS, the world's largest meat supplier, will provide Hema with 200 million yuan of imported corn-fed beef; Jiebei launches brand isolation work bank independent credit service to rename "credit loan"; Russian companies focus on opening Tmall and JD Russian commodity stores in the Chinese market; Microsoft (China) Chief Technology Officer Wei Qing: Microsoft has no plan to build a car...

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E-commerce newsletter

1. Alibaba and Unilever announce cooperation upgrades in sustainable development

During this year's Tmall Double 11, Unilever has used Cainiao to provide plastic-free and recyclable green logistics solutions. In the future, Cainiao will also work with Unilever to design various methods such as original container shipping, recyclable turnover boxes, recyclable and packaging simplified, to help Unilever achieve the strategic goal of green packaging for e-commerce in 2025. (E-commerce News)

2. The State Post Bureau calls for more tolerance and understanding of couriers

According to November 7th, today, the State Post Bureau issued the "Tips on Service Consumption in the Peak Season of Express Business". Since yesterday, precipitation, snowfall or sleet (rain turns to snow) has occurred in many places in my country, and snow has occurred in some areas. At the same time, due to the cold wave, the temperature in many places dropped, accompanied by strong winds, and heavy snowfall in Northeast China and other places. During peak periods, couriers are under heavy workload and delivery pressure. In addition, the weather is cold and couriers work hard outdoors. Please give them more tolerance and understanding. (E-commerce News)

3. YYATON finalized strategic cooperation of 7.96 billion yuan at the CIIE

On November 7, according to Xinhuanet, "Based in the Bay Area to connect the world - 2021 China Qianhai Modern Service Industry and Global Economic Development Summit Forum" was held in Shanghai today. Yiyatong successfully signed a strategic cooperation of 7.96 billion yuan with cooperative brands such as Philips, Royal Ferrisland, Wyeth, and Danone, setting the highest signing record for Yiyatong in previous sessions, and becoming the special signing event with the largest contract amount for Shenzhen trading group at this CIIE. (E-commerce News)

4. Microsoft (China) Chief Technology Officer Wei Qing: Microsoft has no plan to build a car

According to November 7, on November 6, the Fourth Industrial Revolution and Smart Travel Forum of the Fourth CIIE was held in Shanghai. At the sub-forum with the theme of "cross-border collaboration", the emergence of Microsoft's Chief Technology Officer Wei Qing has to remind people of the problem of "Microsoft cross-border car manufacturing". In response, Wei Qing responded that from the current trend, Microsoft has no plans to build a car. (E-commerce News)

Cross-border newsletter

5. Rivian's market value may exceed US$65 billion in increase in IPO price range

According to foreign media reports, in the latest securities filings last Friday, Rivian, an electric vehicle startup invested by Amazon, significantly increased the expected issue price of its stock, and the price range of 135 million shares issued during the IPO period was raised from $57-62 to $72-74. Given the new price range and assuming the underwriters exercise the option to buy an additional 20.25 million shares, Rivian could be worth more than $65 billion at the time of listing. Earlier last week, the company had said it aimed to get a market capitalization of more than $53 billion at $62 per share. (E-commerce News)

6. Musk said he spent $75,000 to buy the Tesla trademark

On November 7, Tesla CEO Elon Musk recently commented in an interview with himself. In the interview, Musk revealed that he had spent $75,000 to buy the Tesla car trademark from a person. Musk said in his comment that if the Tesla car trademark could not be obtained at that time, it might have been called "Faraday", but that name has been used by competitors. Jia Yueting responded to Musk's comment and said: We are comrades-in-arms in the development of human science rather than competitors. Together, let FARADAY and TESLA continue to be great in the 21st century. (E-commerce News)

7. Bezos has sold $9.9 billion in Amazon stock this year

According to a document disclosed by the Securities and Exchange Commission on November 5 local time, Amazon founder Bezos reduced his holdings in Amazon stock for two consecutive days, with a total value of about US$1.3 billion. Earlier this week, Bezos just sold about $2 billion in Amazon stock. Since the beginning of this year, Bezos has cashed in a total of US$9.9 billion, and its total net worth is still about US$200 billion, second only to Elon Musk, the world's richest man and Tesla founder. (E-commerce News)

8. Russian companies make efforts to open Tmall, JD.com Russian merchandise stores in the Chinese market

On November 8, Barsunayev, chief representative of the Russian Export Center's representative office in China, told Caixin that it had previously begun to try to sell Russian products on Chinese e-commerce platforms. "We have established strategic partnerships with major e-commerce platforms such as , so Chinese consumers can find Russian products on e-commerce platforms without leaving home."

In recent years, Opindo Technology Co., Ltd., which is rooted in China's Heihe Cross-border E-commerce Park, has been committed to expanding the influence of Russian products on China's e-commerce platforms. Barsunayev also mentioned that Russia Pinduo is currently also a strategic partner of Russia's export center. "Through cooperation with Russia's Pinduo, Russia's products can be sold not only in large Chinese cities, but also in second- and third-tier cities," he said. "We hope to find more Chinese partners through e-commerce platforms."

Taosha, chairman of Russia Pinduo, told the First Financial reporter that previously, the Russian Import and Export Center has opened a Russian commodity store on the Tmall platform through cooperation with Russia Pinduo. "On this basis, we also plan to open a Russian commodity store on JD.com before the end of the year." (First Financial)

Internet Information

9. JBS, the world's largest meat supplier, will provide Hema with 200 million yuan imported corn-fed beef

On November 8, at the 4th China Import Expo, JBS, a company from Brazil, signed a strategic cooperation with Hema to provide Hema with 200 million yuan of imported corn-fed beef from the United States. The two sides innovate cooperation models to allow beef to come to the Chinese market faster and at lower prices. According to the direct procurement cooperation between the two parties, Hema directly purchases beef from local ranches, saving at least 10% of the consumption of capital in the intermediate links of import trade and at least 10% of the time for transit trade. In addition, imported beef has also been upgraded in terms of freshness and traceability. Hema stores provide fresh cut and cooking services so that consumers can taste the food as soon as possible. (36Kr)

10. Jiebei launches brand isolation work bank independent credit service renamed "Credit Loan"

11月8日消息，借呗已启动品牌隔离工作，由公司提供的服务会继续显示“借呗”品牌，而等机构独立提供的信贷服务则会在“信用贷”页面展示，显著标识出金融机构信息，与借呗品牌相区隔。借呗方面还表示，未来，借呗将由蚂蚁消费金融公司提供，并成为蚂蚁消金公司的专属品牌。（上证报）