Laogao E-commerce Morning News on August 19th

1. Tencent surpasses Alibaba to become the first technology company in China's market value

According to news on August 19, Tencent has surpassed Alibaba to become the technology company with the highest market value in China. Currently, Tencent's market value is US$249 billion, higher than Alibaba's US$246 billion. Tencent shares rose more than 6%, hitting an all-time high after a strong quarterly report on Wednesday. Tencent said that in the first three months to the end of June, profits rose 47% year-on-year to RMB 10.9 billion (about US$1.6 billion). Tencent's revenue performed strongly in the quarter due to the growth of its online game business and advertising business.

2. Ministry of Commerce: The 13th Five-Year Plan for E-commerce will be released

On August 18, Nie Linhai, inspector of the Department of E-Commerce and Information Technology of the Ministry of Commerce, said recently that my country's online retail sales in the first half of this year were 2.2 trillion yuan, accounting for 11.6% of the total retail sales of consumer goods. Among them, the mobile mobile online shopping users exceeded 400 million, an increase of 18% from 340 million last year. According to Nie Linhai, the competent authorities will accelerate e-commerce legislation in the next step and announce the "13th Five-Year Plan" for e-commerce as soon as possible.

3. Meituan responds to the plan to lay off 10,000 employees: Nothing

According to August 18, a few days ago, some media reported that Meituan will lay off more than 10,000 employees nationwide in the near future, and some cities have begun to implement layoff plans. In response, Meituan responded that the news was purely rumor, and Meituan has been pursuing legal responsibility for the rumor-mongering website, requiring the relevant website to immediately stop infringement such as spreading rumors and spreading rumors, and completely delete the above article.

4. Don’t throw away the cartons in Tmall supermarkets! The novices have started recycling

On August 18, after the implementation of tape-free zippered cartons, Cainiao Green Alliance has launched the recycling of express cartons. The project starts from Tmall Supermarket cartons. Recycling boxes that meet the standards will be labeled for secondary use.

5. What are the new tricks of Xianyu? Maximum subsidy for users with 6 yuan postage

According to August 18, Xianyu and Cainiao Guaou, also a product under Alibaba, jointly launched the "Xianyu Free Shipping Event", and users can receive a maximum express subsidy of 6 yuan per order. It is understood that from August 17 to August 27, Xianyu users use the Xianyu App to ship goods and choose to call express services online on the delivery page. After the courier picks up the items at home, they can get a subsidy of 3 to 5 yuan. Among them, on August 20 and August 27, all users can get a discount of 6 yuan off for the first order.

6. Liverpool Club joins Tmall International and will compete for fans with Real Madrid and Bayern

August 18th news, in the first round of the Premier League that just ended last Sunday, Liverpool reversed Arsenal, who played at home 4-3. With the first round of victory, Liverpool Club immediately announced that it will officially join Tmall International on August 18.

Liverpool Football Club Chief Commercial Officer Billy Hogan said, "This time we entered Tmall International through our partner EZshopnet is to promise Chinese fans that we will continue to invest in this region in the future to bring more surprises."

In July, Chinese tourists' overseas luxury goods consumption fell by 23% year-on-year

On August 18, the latest data released by overseas shopping tax refund service companies Global Blue and Barclays Research in July showed that the decline in the global tourism consumption market is still continuing. According to data from the US website WWD, citing data from the report, global tourists fell 13% year-on-year, the same as the decline in June, while tourists in Europe fell 20% year-on-year, a drop higher than 17% in June.

8. Ministry of Finance issued a document: No import tax on animation development and production supplies

According to August 18, the Ministry of Finance of the People's Republic of China, the General Administration of Customs of the People's Republic of China, the State Administration of Taxation, together with the Ministry of Culture, jointly formulated the "Interim Provisions on the Exemption of Import Taxation for Animation Development and Production Supplies for Animation Enterprises". According to the regulations, from January 1, 2016 to December 31, 2020, animation enterprises identified by relevant departments of the State Council will independently develop and produce direct animation products. Goods that really need to be imported can enjoy the policy of exempting import tariffs and value-added tax in the import link. These duty-free imported "animation development and production supplies" mainly include technical products such as 3D animation and VR equipment and software.

9. Lanzhou online car-hailing is regarded as a taxi management, and vehicles are allocated by lottery

On August 18, the Urban Transportation Management Office of Lanzhou City, Gansu Province (hereinafter referred to as the Transportation Management Office) was the first to disclose the local implementation rules that have been formulated and submitted to the Transportation Commission for approval. The "Regulations" put forward clear requirements on the total number of online car-hailing services in Lanzhou, access conditions, operating prices, business models, image markings, law enforcement supervision, and operating periods. The overall idea is to be regarded as taxi management, which has caused huge controversy.

10. Momo Chairman Tang Yan withdrew his offer to privatize

On August 18, mobile social platform Momo (Nasda: MOMO) announced today that the board of directors' special independent committee received a notice from the company's co-founder, chairman and CEO Tang Yan, Matrix Partners China II Hong Kong Limited, Sequoia Capital China Investment Management LP, Alibaba Investment Limited, Rich Moon Limited and Huatai Ruilian Fund Management (hereinafter referred to as the "Buyers Alliance"). The Buyers Alliance decided to withdraw the non-binding privatization offer submitted on June 23, 2015. The decision takes effect immediately.

Laogao E-commerce Morning News on August 19th

On August 18, CellSavers, a smartphone on-demand repair service platform, announced today that it received $15 million in Series A financing, led by Israeli venture capital firm Carmel Ventures, and participated by Sequoia Capital, a famous venture capital firm in Silicon Valley. It is understood that the funds received from CellSavers' Series A financing will be further used to accelerate the growth of its end-to-end technology platform.

Uber will launch self-driving taxi services in the United States by the end of the month

August 18th news, it is reported that after years of planning and testing, Uber will allow consumers in Pittsburgh, Pennsylvania to summon self-driving cars through its taxi app starting later this month. Of course, Uber's service is not completely autonomous, because trained engineers will sit in the driver's position to monitor the car's driving conditions and ensure passengers' safety.

Another giant is about to enter? It is said that Baidu Lottery is renamed Baidu Sports

According to August 18, Baidu has quietly established Baidu Sports recently. It is understood that Baidu Sports has been developed from Baidu Lottery, and Baidu Lottery head Li Huan serves as CEO. At the same time, Baidu Sports has currently contacted many companies and institutions to seek external financing. If the news is true, with Tencent and Alibaba, which have already entered the market, BAT has entered the sports industry.

Huawei will build a factory in India and plans to gain 10% market share next year

On August 19, according to foreign media reports, Huawei, China, the world's third largest smartphone manufacturer, will soon start making smartphones in India, and related matters will be announced within about a month. Huawei expects India to become the world's second largest mobile device market after China. There are only a few thousand stores selling Huawei phones in India now, and Huawei plans to increase this number to 50,000 by the end of this year.