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#Laogao E-commerce Newsletter #March 20 E-commerce Evening News

2019-03-20

  #Laogao E-commerce News# [E-commerce Evening News on March 20] Lei Jun responded to the loss of 1 billion bet: he has not seen Gree's official financial report yet, and he has contact with Dong Mingzhu; Alibaba, Tencent and others may consider bidding for Watsons shares worth US$3 billion; Xiaohongshu launched a brand account and upgraded five major modules; 1919 Chairman Yang Lingjiang: Alibaba's investment in 1919 brought many changes; RT-Mart store Taoxianda's service scope has been expanded to 5 kilometers, including more than 400 stores in 160 cities...

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  E-commerce newsletter

  1. Alibaba, Tencent and others may consider bidding for $3 billion worth of Watsons shares

  On March 20, Temasek is considering selling 10% of Watsons' shares for US$3 billion, and Tencent and Alibaba are bidding. Potential buyers will be invited to attend this month's management briefing, people familiar with the matter said. The final decision has not been made yet, and potential buyers may not necessarily make a tangible offer - valuation expectations differences may make the deal difficult to reach, and Temasek may still decide to retain shares, according to people familiar with the matter. Alibaba, Tencent and Temasek declined to comment. (E-commerce News)

  2. Lei Jun talks about "1 billion bet": He hasn't seen Gree's official financial report yet, so he has contact with Dong Mingzhu

  On March 20, at Xiaomi's 2018 performance conference, Lei Jun was asked about the result of the "five-year 1 billion bet" with Dong Mingzhu, Lei Jun said that he had not seen Gree's official financial report yet. When asked if he had contacted Dong Mingzhu, he smiled and said that Do