#Laogao E-commerce Newsletter# [E-commerce Morning News on April 7] 1. JD.com Fresh’s first “immediate compensation”: supports on-site unboxing and inspection; 2. Another general of L’Oreal Group has entered Tmall; 3. Taobao changes the rules for adult products, and there are six key points; 4. Japan and Asia log in to Amazon China; 5. Dong Mingzhu once again made a large increase in Yinlong: transforming into the second largest shareholder.

1. JD Fresh’s first “immediate compensation”: supports on-site unboxing and inspection
April 7th news, today, JD.com officially announced that JD.com’s first domestic investment in real-time compensation, fully supporting on-site unboxing and inspection, and on-site compensation for problematic products. In addition, JD Fresh has launched the "Youxian Compensation" service. When consumers find any damage after signing for the product, they can submit their after-sales application online within 48 hours after signing for the product. JD Fresh will respond quickly within 100 minutes and enjoy the corresponding compensation without returning the product. (Source: Yibang Power Network)
Comment: Deeper service means stronger user stickiness.
2. Another general of L'Oreal Group has entered Tmall
According to retail channel observations, the Koyan Tmall flagship store began trial operation on February 28 and officially opened yesterday. A total of 43 SKUs were launched, including facial care, body care, men's care and hair care and other major product lines. It is reported that L'Oreal Group has conducted more than one year of research on the launch of the Koyan Tmall flagship store. Zheng Liang, director of e-commerce and digital marketing at L'Oreal China's high-end cosmetics department, told Retail Channel Observation that there are four main reasons why Keyan chose to open a Tmall flagship store: First, Tmall accounts for a large market share in the cosmetics field; Second, Tmall's current customer base is more appropriate to the brand's market goals; Third, many Tmall marketing methods are suitable for high-end brands; Finally, the data environment and sharing can meet brand needs. (Source: Retail Channel Observation)
Comment: The real value of Tmall is that there are more brands that can enter.
3. There are six key points to change the rules of adult products on Taobao.
According to April 6, Taobao recently stated that it will revise the "Taobao Adult Products/Sex Toys Industry Standards". The key points of this change of rules are as follows: 1. Added product release requirements; 2. Added product SKU requirements; 3. Added product details release requirements; 4. Added behavioral norms and dispute handling; 5. Updated violation handling and clearance requirements; 6. Added a list of new violation handling methods. It is understood that the rules change will be announced on March 31, 2017 and will take effect on April 11, 2017. (Source: Yibang Power Network)
Comment: Merchants pay attention.
4. Japan and Asia log in to Amazon China
On April 7, what we commonly call "Japan and Asia" has entered Amazon China and opened Japanese stores overseas. Amazon China said that nearly 850,000 Japanese products from more than 13,000 brands from Japan and Asia have been logged into Japanese stores overseas to purchase, covering categories such as shoes and clothing, luggage, jewelry, sports, electronic products, maternal and infant, and animation. These products will be delivered directly from Amazon Japan Operation Center in China. Overseas purchase also provides three standard delivery services: 7-12, 5-9 and 2-3 days. Amazon China also said that Prime membership service will also cover product selections in Japanese stores in the near future. (Source: Yibang Power Network)
Comment: The opening of Amazon's overseas shopping Japanese Pavilion has solved two well-known obstacles in the overseas shopping process - language and payment.
5. Dong Mingzhu once again made a big increase in Yinlong: transformed into the second largest shareholder
On April 6, the latest registration information released by the Zhuhai Municipal Bureau of Industry and Commerce shows that Zhuhai Yinlong New Energy Co., Ltd. just updated the shareholder list on March 31. As of March 31 this year, Zhuhai Yinlong had a total of 24 shareholders. Among them, Guangdong Yintong Investment Holding Group Co., Ltd. is the largest shareholder; Dong Mingzhu's personal shareholding ratio is 17.46%, making her second largest shareholder. In November last year, after Gree Electric's plan to acquire Zhuhai Yinlong officially fell out, Dong Mingzhu officially announced at a forum a month later that she had invested in Zhuhai Yinlong as a personal capacity. (Source: The Paper)
Comment: When doing a career, you must be like Dong Mingzhu, and you will never give up until you achieve your goal.
6. More than a thousand Taobao stores resell payment interfaces and carry out illegal business
April 7th news, today, JD.com officially announced that JD.com’s first domestic investment in real-time compensation, fully supporting on-site unboxing and inspection, and on-site compensation for problematic products. In addition, Beijing reporters found on Taobao that searching for "payment interface" has a large number of stores selling payment interfaces of payment institutions such as Alipay, WeChat, Huanxun, Zhifu, Guofu, Huichao, and Mobao. It is worth mentioning that with Baby's "sales volume from high to low", the first place is a store that focuses on "focusing on SSC, spinach, chess, P2P, and financial management". "SSC" is the time lottery, while "spinach" is the code name for "gambling", which is an illegal business of gambling and lottery. (Source: 21st Century Business Herald)
Comment: I believe Taobao will handle it quickly.
7. Liu Qiangdong said again: 150 drone airports will be built to cover all counties in Sichuan
On April 7, JD.com announced that JD.com CEO Liu Qiangdong recently participated in the Sichuan Tour of well-known Chinese and foreign companies in 2017. During his period, he revealed that JD.com will build 150 drone cargo airports in Sichuan in the future. The airport is expected to be put into operation within three years and will cover all counties in Sichuan. JD.com said that with the support of the Sichuan Provincial Government and relevant departments, it will jointly plan more routes with the provincial government and build drone flight bases and cargo airports in Sichuan. According to JD.com, the drones that JD has put into use can carry 50 kilograms of cargo, and 500 kilograms of drones are under development and are expected to be launched within three years. By then, JD.com drones can carry all daily cargo. JD.com announced that it is expected to invest tens of thousands of drones in the future to undertake the delivery mission in rural Sichuan. (Source: Bank Information Port)
Comment: One of the major benefits of drones is that they are not restricted by traffic conditions.
8. YouTube has issued new regulations: Advertisements cannot be displayed if the channel views are less than 10,000
On April 7, YouTube launched a new policy, if the total number of views of the channel is less than 10,000, YouTube will prohibit inserting ads. Since November last year, the new policy has been implemented. Some channels steal content from other sources and earn revenue from YouTube, which wants to ban these channels. Previously, if a customer wanted to participate in a YouTube advertising project, the account holder could easily insert ads next to their videos, with almost no obstacles to getting approval. The YouTube system uses algorithms to automatically match ads with content. It is quite difficult or even impossible to block them based on individual cases. (Source: Sina Technology)
Comment: Advertising is a double-edged sword. If it affects the experience more, it will reduce the lack of profit.
9. Ant Financial joins the FinTech think tank established by the IMF
April 6th news, recently, Christine Lagarde, president of the International Monetary Fund (IMF), announced the establishment of a senior financial advisory leadership group. It is worth noting that there are members from China in the leadership group: Chen Long, chief strategy officer of Ant Financial. "This shows that the IMF has put financial technology in a strategic priority," said Chen Long, a senior advisory group member and chief strategy officer of Ant Financial. He said: "On the one hand, the IMF cheers for the changes brought by financial technology to inclusive finance; on the other hand, the IMF is also paying attention to the risks that new technologies may bring, and paying attention to the sandbox mechanism, that is, the practice of financial innovation experiments in different countries in a close regulatory environment." (Source: Daily Economic News)
Comment: After China became the third largest shareholder of the IMF and the RMB was included in the SDR, this is another reflection of China's continuous increase in influence in international financial institutions.
10. The founder of Hema Fresh went to Beijing in a low-key manner, but may be laid off due to the opening plan
According to the news on April 6, the "new species" Hema Fresh has been in the media spotlight since its birth, but Hou Yi, the founder and CEO of Hema Fresh, arrived in Beijing in a low-key manner on April 6. Before officially entering the Beijing market, Hou Yi and Hema Fresh seemed particularly low-key. Due to property disputes, the opening plan of Hema Fresh's first store in Beijing was stranded, so Hou Yi decided to go to Beijing to mediate. Hou Yi confessed to Beijing Business Daily reporters that Hema Fresh currently encounters some problems in the construction of stores in Beijing, but his determination to enter the capital market will not change. This time, it is mainly to communicate with local owners and cooperate with relevant departments to find a solution as soon as possible. (Source: Beijing Business Daily)
Comment: If it can bring better service and convenience to consumers, it will not be a problem.
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