Quick Updates Today | Mar. 20 2018

1. Walmart China emphasizes fresh goods and eCommerce for 2018.

2. Alibaba invested extra $2 billion in Lazada for aggressive expansion in Southeast Asian.

3.According to estimates of the 21st Century Economic Research Institute, China's wine industry market is expected to reach a scale of nearly one trillion yuan, of which, the profits of white liquor will increase by more than 35%; beer sales revenue will have a slight increase; wine sales revenue will decline significantly; However, imported beer and imported red wine still maintain double-digit growth rates.

4. Tmall will hold a communication marketing summit on March 23rd to unite the three major operators to seize the "new retail" opportunity.

5. According to TechWeb, citing foreign media sources, Merlin, the world's largest independent music digital copyright agency, announced that it has signed licensing agreements with three major music streaming service providers (Tencent, NetEase and Alibaba) in China.

6. Google may be assembling a supergroup of big retail brands to go to war with Amazon over the future of online shopping. Reuters is reporting that the search engine is teaming up with Target, Walmart, Home Depot, Costco and Ulta for the new project. These companies, and any other willing participants, can index their catalogs on Google, which will show up when someone starts searching for stuff to buy.

7. Google Play Instant allows you to play games before downloading them.