#Lao Gao E-commerce Newsletter# [E-commerce Morning News on March 7] 1. RT-Mart removes Lotte brand products from all the products, stops selling and returns; 2. NPC representative Han Yuchen called for attention to the real economy and questioned that online stores do not pay taxes; 3. #SF Express couriers have no five insurances and one fund# to attract discussion; 4. Liu Qiangdong also stated: JD.com's fresh food is mainly for next-day delivery? 5. Alibaba increases its holdings in Paytm to grab the Indian e-commerce market.

1. RT-Mart removes Rakuten brand products from all online, stop selling and return
March 7th news, today, the reporter learned that all RT-Mart stores nationwide have removed all products from the Korean Lotte brand and have stopped selling all returns. On February 27, according to media reports, the South Korean Lotte Group Council made a decision to agree to sign an agreement with the South Korean military on the land for the deployment of the THAAD anti-missile system. On February 28, according to Xinhua News Agency, the South Korean military has officially signed an agreement with Lotte Group. (Source: Lianshang.com)
Comment: The spontaneous patriotic manifestation of the people.
2. NPC representative Han Yuchen called for attention to the real economy and questioned that online stores do not pay taxes
On March 7, National People's Congress representative Han Yuchen said when the Hebei delegation reviewed the government work report in groups that he was "happy" to see the statement of "promoting the integrated development of physical store sales and online shopping." He believes that this statement has increased the importance of the development of the real economy compared with the statement in the 2015 government work report that "we should make emerging consumption with the Internet as a carrier and online and offline interaction prosperous." Faced with the "winter" of the physical retail industry, he proposed that physical stores and online e-commerce should "compete equally and develop in a coordinated manner", believing that the phenomenon of online stores not paying taxes is unreasonable. He emphasized that the real economy is the foundation of a country, and has solved a large number of employment problems and should be taken accordingly. We cannot just make online e-commerce "prosperous", while physical stores "disheshen" (Source: China Youth Online)
Comment: This year's Two Sessions have become a battle between entities and e-commerce?
3. #SF Express couriers have no five insurances and one fund# to attract discussion
According to reports on March 7, SF Holdings was listed on the Shenzhen Stock Exchange a few days ago. The value of the head Wang Wei soared, surpassing Jack Ma to become the second richest in China, and firmly becoming the number one private express delivery company. However, reports from the International Financial News disclosed that the wages and benefits of Chinese couriers are still poor, and SF Express even lacks the "five insurances and one fund" protection. According to the report, the reporter learned after recruiting websites and interviewing couriers that they said that "there are no five insurances and one fund for the time being". Their salary adopts the method of more work and more income and performance commissions, while SF Express's salary is higher than other courier companies. Perhaps this is a way to get more work and get more for couriers who are not "very stable" in their careers, but in fact it is not allowed by law. (Source: International Financial News)
Comment: Whether to pay five insurances and one fund is not a simple binary opposition issue, it is related to the development of the entire industry.
4. Liu Qiangdong made another statement: JD.com’s fresh food is the next day delivery?
According to March 7, recently, Lang Yongchun, chief strategy officer of Zaogang.com, had a conversation with Liu Qiangdong, the head of JD.com, and exchanged views on JD.com Fresh. According to Liu Qiangdong, JD.com Fresh's competitiveness lies not in the delivery speed, but in the delivery schedule. The fresh food purchased by consumers on JD.com will be delivered to them regularly (such as the next day). Zhu Ming, the person in charge of JD Cold Chain, once introduced that JD adopts the "211 limited-time delivery" method, that is, spot orders submitted before 11:00 am on the same day will be delivered on the same day; spot orders submitted before 23:00 on the same day will be delivered before 15:00 on the next day, and the slowest "next day delivery" in some remote areas. (Source: People's Daily)
Comment: The logistics industry is pursuing speed too much and wasting too much resources.
5. Alibaba increases its holdings in Paytm to grab the Indian e-commerce market
According to March 7, Alibaba Group is accelerating its pace of internationalization. According to reports, the company has further invested $177 million in Indian company Paytm, with a big bet on the Indian e-commerce market. Paytm reportedly said last Friday that Alibaba led a $200 million financing from Paytm's new e-commerce division. According to people familiar with the investment, Paytm will use the new fund to increase the number of products it provides, promising to become India's newest unicorn company. Alibaba is rebuilding Alipay locally and triggering a sensation in the market, making Paytm the fourth largest "wallet" in the world. (Source: Wall Street Journal)
Comment: India, a battlefield where global technology giants compete for, has been "snatched up" by Alibaba.
6. ANA also needs to open a Chinese shopping website
According to reports on March 7, ANA Holdings, a well-known Japanese airline, also wants to share the pie. According to Nikkei, ANA Holdings will open a Chinese shopping website in March. This website is also a third-party platform like Taobao and JD.com. 300 Japanese companies will settle in, selling 1,500-2,000 products including daily necessities and cosmetics. The corresponding app will be launched in June. (Source: Curiosity Daily)
Comment: Can ANA perform differently in this dead look at Amazon?
7. Kao, who has been labeled with diaper, wants to vigorously develop beauty makeup in China
According to March 7, Kao recently held a dealer conference that has been well-known in the Chinese market in recent years, and its five-year agency cooperation with Shanghai Jahwa will end at the end of the year. Kao (China) Chairman Minami Naka-Xi-Si-Chi-Chi-Chi-Chi-Chi-Chi-Si-Chi-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si-Si (Source: Yibang Power Network)
Comment: China is changing from a big producer to a big consumer.
8. Ma Huateng: Try to enter the Internet + medical treatment from WeChat Sports
On March 7, Ma Huateng, a member of the National People's Congress and chairman of the board of directors and CEO of Tencent, held a press conference in Beijing. In two hours, Ma Huateng introduced seven suggestions he brought to the 2017 Two Sessions, and responded to the issues of smart government affairs, mini programs, and paid reading of public accounts that the outside world is most concerned about. Ma Huateng also explained Tencent's financial and AI layout to the outside world during the communication meeting. Ma Huateng also revealed that there is a team within Tencent trying to try whether it can start from the perspective of WeChat exercise, use a lot of personal health information, encourage more exercise to bring everyone's attention to health, etc., to radiate or provide better scenarios to investing companies like Tencent; (try) can you invest and purchase intellectual property rights related to medical care. (Source: 21st Century Business Herald)
Comment: I feel that the layout of the giants is becoming more and more complicated.
9. DingTalk will use government-enterprise docking, and Hangzhou will become a "Internet + government-enterprise service" city.
On March 6, the Hangzhou Municipal Economic and Information Technology Committee held a mobilization meeting on the shore of Baima Lake to further implement the spirit of the Zhejiang Provincial Government to accelerate the promotion of the "one-stop" reform and the fourth joint meeting of strategic cooperation between Hangzhou Municipal Government and Alibaba, make full use of the DingTalk Office Cloud Platform to create a new type of government-business relationship, innovate service methods, and promote enterprise transformation and upgrading. (Source: Tianxia Online Business)
Comment: Efficiency is the first life of an application.
10. Shanghai Huangpu District returned 5,000 "deprived" bicycles
On March 7, according to Yi Guangzhi, the head of the vehicle parking company in Huangpu District, since around 3:30 pm yesterday, except for Mobike, other major shared bicycle companies have also completed handover work with the vehicle parking company. "The shared bicycle company promised to maintain parking order in the future, and we will work together with the bicycle company to do a good job in management." (Source: News Morning News)
Comment: Just grind it more.
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