(Organization/Luth Yeh)
Today is Thursday, February 17. In the past 24 hours, there are important news about these big companies to pay attention to: Didi Chuxing and other 5 online car-hailing platforms have been jointly interviewed by multiple departments in Henan Province; some Starbucks products in China have increased prices by 1- 2 yuan; the founding employee of Xiaomi No. 12 resigned…
Let’s first look at the dynamics of Internet companies:
Relevant persons responded that “Duoduocai’s express collection business has been stopped”: only in qualified sites
On February 15, it was reported that Pinduoduo’s community group-buying Duoduomaicai launched the express collection business, but it was stopped because it did not obtain the express business license. A related person from Pinduoduo told reporters that Pinduoduo did not carry out express collection services at all Duoduo grocery sites, but provided a “Duoduo grocery” collection service system for sites with express business qualifications. (China Securities Journal)
Five online car-hailing platforms including Didi Chuxing and Jiangnan Chuxing were jointly interviewed by multiple departments in Henan Province
On February 16, the Henan Provincial Office of the Special Action for Special Actions on Prominent Issues in the Road Transport Field convened the Provincial Department of Transportation and other departments to jointly investigate 5 websites including Didi Chuxing, Jiangnan Chuxing, Quanmin Chuxing, Pinke Chuxing, and Cuichi Chuxing. Car-hailing platform companies conduct joint interviews. The interview pointed out that recently, some platform companies have been opaque in their platform pricing plans, dispatching orders for non-compliant vehicles and drivers, illegally operating intercity passenger lines for online car-hailing, raising the platform’s commission ratio, and unscientific dispatching mechanisms, which led to employment. Personnel working overtime and fatigued driving disrupt the market order of fair competition, affect the safety and stability of the industry, and damage the legitimate rights and interests of drivers and passengers. (Henan Commercial Daily)
Alibaba’s B2C retail business group will set up its own flagship store
On February 16, it was reported that Alibaba’s B2C retail business group will open Tmall self-operated flagship stores around big brands, starting with 3C categories, and will be officially launched through the revision of the mobile Tmall App in the near future. At that time, the app will be renamed “Maoxiang”. “. The ownership of goods in Tmall’s official flagship store still belongs to the brand, and the brand is directly shipped to consumers; the ownership of goods in Maoxiang’s self-operated flagship store belongs to the platform, which directly pays the brand to purchase the goods, and the platform ships directly to consumers. . At present, Maoxiang is communicating with realme and other brands to settle in, and major domestic mobile phone brands all intend to open their own flagship stores in Maoxiang. (LatePost later)
Xiaohongshu responds to the resignation of the head of the e-commerce business: the departure is due to family reasons
It is reported that Liu Huantong (flower name: Jess), the head of Xiaohongshu e-commerce, left in January this year and has now joined the game social platform Hago. In this regard, Xiaohongshu responded that Jess did leave for family reasons in early January. Over the past two years, he has led the team to make invaluable explorations in the trading business, and has been separated from his family for a long time. Thank you Jess for his dedication to the team and the company, and wish him the best of luck in the future.
It is reported that Manbang is planning a second listing in Hong Kong, but the relevant person in charge has not responded
According to a Reuters media IFR report on February 16, Manbang Group is planning a second listing in Hong Kong and will submit a listing application as soon as this month, and is expected to raise about US$1 billion. In this regard, the Manbang Group has not responded.
Next is the consumption related:
Some Starbucks products in China increase prices by 1 to 2 yuan, the company responds
On February 16, many netizens also found that the prices of some Starbucks products have increased, and the prices of many products including American coffee and latte coffee have increased by 1-2 yuan compared with the previous ones. In response, Starbucks responded: “From February 16, 2022, Starbucks will slightly increase the prices of some beverages and foods in stores in mainland China. All packaged coffee beans and coffee cups and other peripheral products are not included in this price adjustment. .Our pricing is based on a number of factors including operating costs. We will continue to provide our customers with a premium Starbucks experience.”
Uniform, Master Kong and other instant noodles collectively increase the price?Multiple brands deny
A few days ago, it was reported that a number of instant noodle brands, including Uni-President and Master Kong, have recently raised their prices. The reporter visited the market on February 15 and found that the prices of commodities that were rumored to be adjusted in different supermarkets and offline channels were quite different, and the market responded differently to the price increase. In some brick-and-mortar supermarkets, brands such as Uni-President and Master Kong not only did not increase their prices, but even carried out promotions on the basis of their original prices. In the interview, many merchants denied that they had received relevant price increase notices recently. A relevant person from Master Kong said that they have not received the company’s notice of product price adjustment. The unified customer service also said that there was no relevant announcement, and the price of instant noodles did not increase. (Beijing Youth Daily)
The post-90s director of Three Squirrels received 5.3 million bribes in two years and was sentenced to 3 years in prison
According to a judgment published by the China Judgment Documents Network, from December 2017 to December 2019, Cheng Ye, the director of the operation department of the Jingdong flagship store of Three Squirrels Co., Ltd., used him as the captain of the “Three Squirrels” Squirrel Ono Special Team and The person in charge of the Spicy Tiao Department of the Product Supply Chain Center took the convenience of his position, together with the defendants Cheng Haibing and Huang Hao, or individually instructed the suppliers to increase the supply price, and obtained rebates from them, totaling 5,302,377.7 yuan. In the end, Cheng Ye was sentenced to 3 years in prison and fined 400,000 yuan for the crime of accepting bribes by non-state staff.
Finally, the technology and automotive industry trends:
Lei Jun loses another strong general: the founding employee on the 12th left, and they drank porridge together to found Xiaomi
It was reported on February 16 that Li Weixing, a member of Xiaomi’s founding team and former vice chairman and secretary-general of Xiaomi’s technical committee, resigned. Li Weixing is the No. 12 employee of Xiaomi. On April 6, 2010, on the day of the establishment of Xiaomi, Li Weixing was among the 13 people who drank millet porridge with Lei Jun. He was in charge of MIUI development in the early days and was later transferred to the technical committee. Of the 13 people, 4 are co-founders and 9 are founding team members. Li Weixing was the first of the nine to leave, and the other eight are still on the job. (Sina Technology)
Apple CEO Cook’s salary is 1,400 times that of employees, and the agency recommends giving him a pay cut
On February 17, Apple is scheduled to hold its annual shareholder meeting in the first week of March. Institutional Shareholder Services, a well-known proxy consulting firm, urged Apple shareholders to reject Cook’s compensation plan at the shareholders meeting, saying half of its awards lacked performance standards. Cook’s total compensation for fiscal 2021 is $98.7 million, a more than fivefold increase from $14.8 million in fiscal 2020, including $3 million in base salary and $82.3 million in stock awards. According to regulatory filings, Cook was paid 1,447 times as much as the average Apple employee. (Financial Association)
Apple announces iPad 4 will be added to the discontinued list, the first iPad with Lightning interface officially withdraws
On February 16th, Apple officially announced that it will add the iPad 4 to the discontinued list, which means that the first product in the iPad series with a lightning interface has officially withdrawn from the stage. Apple will classify products that have been sold for more than seven years and have been discontinued as discontinued products. Apple will discontinue all hardware service for such products, with the only current exception being Mac laptops that qualify for extended battery repairs.
Xiaopeng Motors responded to “an executive’s annual salary of 435 million yuan”: misinterpretation
In response to the news that an executive of Xiaopeng Motors had an annual salary of 435 million yuan, Xiaopeng Motors officially responded that the value of the shares held by the executive was misinterpreted as the annual salary. In the salary disclosed to the public, more than 99.5% are equity incentives accumulated over many years, not the income in one year, but the sum of equity incentives accumulated over several years. As the company’s valuation has greatly improved before and after its listing, the equity value has also risen as a result. (Securities Times)
Midea’s new strategic new energy auto parts base lays the foundation stone and starts construction
On February 16, the signing ceremony and groundbreaking ceremony of the strategic new base for new energy auto parts of Anqing Welling Auto Parts Co., Ltd., a subsidiary of Midea Industrial Technology, was held in Anqing City, Anhui Province. The total investment of the new energy vehicle parts strategic new base project is about 11 billion yuan. The project mainly produces power steering motors and other categories of products, and builds three major systems R&D centers and national laboratories of thermal management, main drive, and assisted/intelligent driving. After completion, it can form an annual production capacity of 60 million sets and realize an annual output value of 40 billion yuan. Return to Sohu, see more
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