#Laogao E-commerce Newsletter# [February 10 E-commerce Morning News] 1. YTO responded to the "strike" incident in Hefei: it was a false report; 2. Sora Aoi was unable to make up for the situation, and the hotel reservation platform Booking Bao went bankrupt; 3. Lotte withdrew the Tmall flagship store, and Korean media said it may be due to THAAD; 4. Han Duyishe was selected as the first batch of clothing creative design pilot platforms; 5. Apple recalled overseas, and China was forgotten again.

1. YTO responds to the Hefei regional "strike" incident: It is a false report
On February 10, a TV program of a satellite TV station recently reported that more than 10 contractors in Hefei of YTO Express gathered together to discuss the "strike". Subsequently, the article "At the beginning of the new year, a strike occurred in YTO" appeared on the Internet, causing an uproar. On the afternoon of February 9, YTO Express responded: The content of "At the beginning of the new year, YTO Express's strike incident occurred" was seriously inaccurate. All the franchise outlets in Hefei had neither strike nor express backlog, and they were operating normally. (Source: Interface)
Comment: Is the report inaccurate or the truth covered up?
2. Sora Aoi is unable to make up for the situation, and the hotel reservation platform is closed
According to February 10, yesterday, Jianfangbao, which provides hotel room-end room time-sharing reservation service, was in a desolate situation and stopped operating. Just 5 months ago, the well-known actress Sora Aoi also stood up for it and served as the chief user experience officer. About an hour ago, founder Sun Jianrong personally confirmed the news of the suspension. Sun Jianrong has signed a wage arrears repayment agreement with the team he stayed behind. He said that although he was insolvent and owed millions of yuan, he would make a comeback with a responsible attitude towards old shareholders and employees. (Comment: Yibang Power Network)
Comment: Starting a business is inherently high risk, nothing to be surprised about.
3. Lotte withdraws Tmall flagship store, Korean media said it may be due to THAAD
On February 10, South Korea's official flagship store of Lotte Group has been closed from the 12th of last month. Given that the flagship store that can be purchased with confidence is a symbol of credibility, this means that Lotte actually withdraws from the Chinese online shopping market. Previously, Lotte had closed three supermarkets in China, but South Korean government sources believe that only three of the 99 Lotte Mart and 16 Lotte supermarkets in China have closed their stores, which should only be related to performance. The South Korean government plans to deploy THAAD anti-missile system on land that is currently a golf course in Lotte between May and July this year. The South Korean military reached a land exchange agreement with Lotte last year. (Source: Yonhap News Agency)
Comment: South Korea is really a big deal, so political intervention in the economy is a bit over the line.
4. Han Duyishe has been selected as the first batch of clothing creative design pilot platforms
On February 10, the Ministry of Industry and Information Technology recently announced the list of the first batch of textile and clothing creative design pilot parks (platforms) in the country. A total of 12 enterprises across the country were shortlisted, including Handu Yishe. The "Handu Yishe Internet Secondary Ecological Brand Operation Platform" was identified as the first batch of textile and clothing creative design pilot parks (platforms).
Comment: Business selection is only icing on the cake, no timely help.
5. Apple recalls overseas, China is forgotten again
On February 10, the reporter learned that Apple will recall a batch of Chinese-made iPhone 6S devices in the UAE market to provide free battery replacement services, but for Chinese consumers who are also affected by automatic shutdown, there is no such treatment. This is not the first time that Apple has treated unfairly to the Chinese market and consumers. In the view of industry insiders, Apple products have a high sales volume in the Chinese market, and this move is purely to save costs. (Source: Beijing Business Daily)
Comment: If you keep disregarding the interests of consumers like this, you will sooner or later be abandoned by the public.
6. It is said that the bicycle sharing company ofo is raising up to US$150 million in new funds
On February 10, people familiar with the matter said that bike-sharing company ofo is raising up to $150 million in new funds, and the startup is valued at about $1 billion in this round of financing. It is not clear whether the new investors are involved in the new round of financing. A spokesperson for ofo declined to comment on the news. (Source: Wall Street Journal)
Comment: It is exactly the same as the original online car-hailing war. Let’s first burn money to monopolize the market.
7. Gome listed troops have added new recruits, Huayin Holdings has been renamed
On February 10, Gome Holdings officially announced yesterday that at the special shareholders' meeting of listed company Huayin Holdings, the resolution to rename "Huanyin Holdings" to "Gome Financial Technology Co., Ltd." was officially passed by voting. It is understood that on February 6 this year, Huayin Holdings issued an announcement stating that the company was renamed "Gome Financial Technology Co., Ltd.", which is the fifth listed company owned by Gome. (Source: Beijing Business Daily)
Comment: When will Gome’s road to listing be the end?
8. Online travel B2B ticket manager plans to acquire New Social Media for 7.85 million
February 10th news, yesterday, Ticket Manager (Shanghai) E-Commerce Co., Ltd., which mainly provides B2B online travel services, announced the acquisition of 100% of the equity of Shanghai Xinshequn Culture Media Co., Ltd. for a price of 7.85 million yuan. After the transaction, the ticket manager will hold 100% of the equity of Xinshequn Media and become the only shareholder of the latter. According to ticket manager data, in the first half of 2016, the company's revenue was 49.3 million yuan, an increase of about 162.23% year-on-year. (Source: Wabei.com)
Comment: Consistent with my judgment, within a few years, visionary and ambitious companies will deploy in the media and become "media companies".
9. Baidu Nuomi reduces its capital, which may reduce its scale!
According to news on February 10, an industry insider revealed that Baidu Nuomi made a capital reduction adjustment in December 2016, and the registered capital was reduced from the original 35 million yuan to 27.8 million yuan, a reduction of 7.2 million yuan. In this regard, some legal persons said that the company's registered capital has generally been reduced by reducing its production scale. However, some industry insiders also believe that it may be caused by Baidu Nuomi’s continued losses! (Source: Blue Whale TMT!)
Comment: Big is not necessarily strong.
10. It is said that Xiaomi will launch its own mobile phone chip, and look at Huawei
On February 10, foreign media quoted sources as saying that a smartphone planned by Xiaomi will be equipped with its own designed processor. The move shows that Xiaomi strives to stand out in the extremely cruel Chinese smartphone market and seeks to rank among the global high-end smartphone manufacturers. At present, Chinese companies are constantly increasing their investment in the research and development of independent technologies, hoping to achieve differentiation with other companies and provide mobile phone products that are better equipped with hardware and software. (Source: Tencent Technology)
Comment: Although self-service research and development is difficult, it is a grand and righteous way.
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