#Laogao E-commerce Newsletter# [E-commerce Morning News on April 17] 1. Shentong Express lost an invoice of 4 million yuan and was sued for compensation of 120,000 yuan; more than 2000 million pieces of personal information were leaked: the complete industrial chain was formed like this; 3. Tiger Fund Global sells Vipshop stocks held by it; 4. None of the 30 batches of samples meet the standards: the household "haze table" is unreliable; 5. Official: Any mini program management agency is fake.

1. Shentong Express lost an invoice of 4 million yuan and was sued for compensation of 120,000 yuan.
According to April 17, Shentong Company recently lost the original invoice with a total amount of more than RMB 4 million, and did not inform the valuables when picking up the items that needed to be insured. Shentong Company was sued in court and demanded compensation for direct economic losses of 120,000 yuan. The plaintiff believes that due to the defendant's fault, the plaintiff's taxes cannot be declared normally in December 2016, and the direct economic losses caused should be borne by the defendant. At present, the case is under further trial. (Source: Webmaster's Home)
Comment: It is in a gray area, and this case is of great reference significance.
More than 200 million pieces of personal information leaked: the complete industrial chain is formed in this way
On April 17, recently, the Songyang police in Zhejiang Province cracked a major case of infringement of citizens' personal information, seized more than 700 million pieces of various types of citizens' personal information illegally obtained, totaling more than 370 G of electronic data, and arrested 20 criminal suspects, including two cyber hackers who invaded the relevant information system. In this case, the suspect stole a large amount of personal information by invading the website. For this kind of situation where a large amount of information is stolen, in addition to the public security organs increasing the crackdown on criminals, we individuals should also strengthen prevention work in this regard. (Source: CCTV News)
Comment: Use heavy sanctions in "chaotic times".
3. Tiger Fund Global sells its Vipshop stocks
According to a 20-F document submitted by Vipshop to the US Securities and Exchange Commission (SEC), Tiger Entities sold its shares in Vipshop over the past year, and its shareholding ratio has disappeared directly from the list of major shareholders from 8.5% a year ago. This is another global high-end fund selling Vipshop stocks after Sequoia Capital sold Vipshop stocks last year. (Source: Internet)
Comment: Is Vipshop not favored by capital?
4. None of the 30 batches of samples meet the standards: the household "haze table" is unreliable
According to April 17, the General Administration of Quality Supervision, Inspection and Quarantine recently organized the risk monitoring of online haze watch products. This risk monitoring selected 30 batches of samples from six major e-commerce platforms, and the samples were produced in Beijing, Guangdong, Shanghai and other provinces and cities. According to the inspectors of the Shanghai Metrology and Testing Technology Research Institute who undertakes this risk monitoring task, this sampling is for products with large sales and moderate prices on e-commerce platforms. Among them, samples with prices between 200 yuan and 500 yuan account for 50%, and samples with samples between 500 yuan and 1,000 yuan account for 50%, which is highly representative. Data show that under such on-site simulation experimental conditions, none of the 30 batches of samples can meet the reference standards requirements under all test concentration conditions. (Source: Economic Daily)
Comment: The complexity of air detection itself objectively exists. The current technological level is still difficult to significantly reduce the cost of related high-precision detection equipment. Consumers cannot blindly believe in the low-priced and accurate false publicity of simple haze tables on e-commerce platforms, and they need to buy them with caution.
5. Official: Any mini program management agency is fake
On April 17, after the WeChat public platform released the WeChat mini program opening function news, various commercial institutions that played the edge have also appeared one after another. In response, WeChat public relations director Zhang Jun said that the official does not rank any mini programs, nor does it have any agents. Regarding institutions similar to the "Mini Program Application Management Service Center", Zhang Jun said that these types are not official WeChat departments, they are all pheasant institutions, so be careful to enter. (Source: WeChat)
Comment: There are two types of people who will believe in it, those who want to follow the wrong path, but those who are not well-informed in the world.
6. Walmart e-commerce will make efforts to acquire Bonobos, a male fashion website
On April 16, under the leadership of Walmart's CEO of the e-commerce business, Walmart began to launch active acquisitions in the e-commerce field. Sources revealed on Friday that Walmart, a world-renowned brick-and-mortar retailer, is negotiating with men's fashion retail website Bonobos to consider acquiring the e-commerce website that has been in existence for 10 years. It is reported that the two parties have reached a consensus on the acquisition price and are currently in the final stage of due diligence. (Source: Recode Chinese website)
Comment: As a world-renowned retailer, Walmart has been reorganizing its network team to better respond to Amazon's challenges by providing consumers with more product choices and lower selling prices.
7. Xiaomi starts to make strict selections, but Lei Jun may want to move it offline
On April 17, Xiaomi’s Mijia Youpin App was officially launched and is positioned as a boutique life e-commerce platform. After actual experience, I found that Mijia has connected the product system with Mijia Youpin. Mijia has a first-level Mijia Youpin first-level menu for users to choose and purchase. Industry insiders commented that although Mijia and Mijia Youpin belong to the same team, from the perspective of positioning, Mijia is more like an extension of Xiaomi Mall in terms of smart hardware management. Xiaomi Mall emphasizes sales, while Mijia emphasizes control. (Source: Yibang Power Network)
Comment: The form is not important, just be recognized by consumers.
8. Joyoung released its annual report, and e-commerce accounts for more than 30%
According to April 17, Joyoung Co., Ltd. recently disclosed its 2016 annual report. According to the annual report, in 2016, Joyoung achieved operating income of 7.315 billion yuan, an increase of 3.61% over 2015; and achieved net profit attributable to shareholders of listed companies of 698 million yuan, an increase of 12.53% over the same period last year. It is worth noting that after relying on soy milk machines to sweep the market, Joyoung has reduced its revenue share of this core business. Data shows that the revenue of food processing products was 3.063 billion yuan, a decrease of 12.82% from 2015. On the other hand, Joyoung's revenue of kitchen small appliances such as nutritional pots and Western appliances has grown rapidly, reaching 20.89% and 48.24% respectively. (Source: Tianxia Online Business)
Comment: With the further popularization of e-commerce and the further improvement of express delivery, payment, technology, security, etc., the proportion of e-commerce will become increasingly larger.
9. Tencent talks about intellectual property protection of three parties: WeChat has accepted 200,000 complaints in two years
On April 17, Tencent released the "Tencent Intellectual Property Protection White Paper" (hereinafter referred to as the "White Paper") in Shanghai, introducing the current situation of its six products, including WeChat, involving third-party intellectual property protection. According to the 39th "Statistical Report on the Development of China's Internet" released by the China Internet Network Information Center (CNNIC) on January 22, 2017, as of December 2016, the number of Internet users in my country reached 731 million, and the number of mobile Internet users reached 695 million. From January 2015 to December 2016, WeChat received more than 107,000 complaints about personal account infringement. Among them, intellectual property infringement complaints mainly involve trademark rights, copyrights, and patent rights infringement, accounting for 9.00%, 7.50% and 0.20% of the total number of complaints respectively. In terms of the number of complaints, the number of complaints about infringement of WeChat personal account in 2016 increased by 444.68% compared with 2015. (Source: The Paper)
Comment: Third-party intellectual property protection is very important for industry development. As China's industry upgrades, it is necessary to keep up as soon as possible.
10. LeTV Senior Vice President Zheng Xiaoming was revealed to have resigned and transferred to JD.com
On April 17, people familiar with the matter said that Zheng Xiaoming, head of LeTV's global investment and financing business, will resign. This is the latest sign that LeTV has implemented austerity policies. Zheng Xiaoming joined LeTV in 2015. People familiar with the matter said he will serve as president of JD.com's business, responsible for new business initiatives including investment and mergers and acquisitions. LeTV declined to comment. JD.com has not commented yet. (Source: Phoenix Technology)
Comment: LeTV's ambitious international expansion plan has encountered cash shortages and other obstacles.
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