Laogao E-commerce Newsletter on May 8th

　　#Laogao E-commerce Newsletter# [May 8 E-commerce Evening News Brief] 1. Why is Alibaba and JD.com rushing to enter Jingle County e-commerce popular? 2. The man lied about an e-commerce employee and sold Apple phones to defraud 7 million yuan by selling them! 3. A woman born in the 1990s sold fake medicine overnight and became rich overnight. She only spent one year buying a house and a car. 4. The Cainiao Alliance welcomed her new partner. The global electronics giant Philips launched a "one-piece product"; 5. China's e-commerce advertising surpassed the search for the first time, becoming the brand's new favorite.

　　1. Why is Alibaba and JD.com popular in Jingle County e-commerce popular?

　　According to the afternoon of May 8, a few days ago, the provincial comprehensive demonstration of e-commerce in rural areas and e-commerce poverty alleviation work on site meeting was held in Jingle. Heads of business departments in all cities across the province, county magistrates of e-commerce demonstration counties in rural areas, county magistrates of poor counties in the province, deputy county magistrates, heads of provincial e-commerce chambers, Alibaba, JD.com, Suning.com and other e-commerce celebrities gathered here. For a time, Jingle, a national-level poverty-stricken county, as a model of e-commerce poverty alleviation in the province, has attracted attention and praise from all peers. (Source: Shanxi Economic Daily)

　　Comment: I am not making money for the time being, but my strategic position is very important.

　　2. The man lied about an e-commerce employee and sold Apple phones to defraud 7 million yuan by selling them!

　　On May 8, Li claimed to be an employee of an e-commerce company and was able to buy Apple phones and other electronic products at a low price through special channels. At the beginning, Mr. Gao took a few mobile phones from Li at a low price and made some money. However, after collecting the prepayment payment, the supply will no longer be supplied. More than 10 cases were initially reviewed and solved, with the amount involved in the case being more than 7 million yuan! (Source: Legal Evening News)

　　Comment: The abnormal low price is not credible.

　　3. A woman born in the 1990s sold fake medicines on WeChat and became rich overnight in just one year.

　　On May 8, the Food and Drug Crime Investigation Detachment of Xi'an Public Security Bureau successfully cracked a case of selling counterfeit registered trademarks. Among them, the suspect Fang is a woman born in the 1990s. She disguised all the pictures and texts of the treasures sold in the store, and described them in words such as "postage special auctions" and "old customers special photography", and divert the attracted customers to platforms such as WeChat to trade. The police officer of the task force said that the cost of these fakes was only a few yuan per box, and when they were sold at the terminal pharmacy, it had reached hundreds of yuan per box. In just over a year, Fang made a fortune in this way and bought a house and a car. At present, Fang and Zhang have been detained. (Source: Chongqing Morning Post)

　　Comment: Wechat business products with no products are not credible.

　　4. The Ridiculous Alliance welcomes new partner, global electronics giant Philips, to start "one piece of goods"

　　On May 8, the Rikyu League welcomed another heavyweight partner. Global electronics giant Philips announced today that it will rely on the Cainiao Alliance intelligent warehouse distribution network to vigorously promote the operation of "one-piece goods" to reshape the supply chain for this century-old electronic brand. This is another industry leader-level brand that has in-depth cooperation with Cainiao Alliance on supply chain after domestic and foreign super brands such as Procter & Gamble, Midea, and Ecovacs. On the same day, Philips released a number of new global products at Tmall's "Super Brand Day" event. These products will be stored and delivered quickly by Cainiao Alliance. (Source: Tianxia Online Business)

　　Comment: Ambitious merchants compete not only for products, but also for delivering products quickly and well.

　　5. China's e-commerce advertising has surpassed the search for the first time, becoming the brand's new favorite

　　On May 8, looking at the Chinese Internet advertising market in 2016, there has been a structural change in the segments, and e-commerce advertising surpasses search advertising for the first time. Data shows that the overall share of e-commerce advertising rose to 30.0% in 2016. In contrast, search advertising, affected by policies and negative events, fell by nearly 5 percentage points. According to analysts, the rise and fall of search advertising and e-commerce advertising may continue. On the one hand, as the new advertising law regulations will continue to have an impact on search advertising; on the other hand, with the transfer of mobile users' dependence on e-commerce and usage behavior, e-commerce advertising revenue will continue to grow at a high rate. In addition, information flow advertising has grown strongly, and is expected to account for one-fifth of the overall in 2019. (Source: Tianxia Online Business)

　　Comment: Whoever has the money accounts for the greater proportion.

　　6. Yidao received the first C2C online car-hailing license in Beijing and ushered in an important turning point

　　On May 8, Yidao Car announced that it has obtained the qualification for an online car-hailing license in Beijing. The applicant is Beijing Oriental Car Cloud Information Technology Co., Ltd., and its business scope is online taxi passenger transportation, which is valid for four years, starting from May 8, 2017 and ending on May 7, 2021. Yidao said that after obtaining the license, the company will make breakthrough progress in financing, and the funding shortage faced will be resolved in the short term. (Source: Sina Technology)

　　Source: Yidao urgently needs to boost consumer confidence.

　　7. Alipay has set up a smart parking lot to complete cashless payments

　　According to May 8, smart parking lots are all cashless, but cashless parking lots may not be smart. One of the criteria for whether there is wisdom is: whether it can help merchants complete user precipitation, secondary reach and data analysis, so that offline stores can approach new retail. It was learned from Alipay that the smart parking lot jointly operated by Alipay and Shanghai Hongqiao Airport will begin operations this month. Before this, Alipay had reached cooperation with airports in Beijing, Shenzhen, Hangzhou and other places, and currently there are nearly 10,000 parking lots that support Alipay electronic payment. (Source: Tianxia Online Business)

　　Comment: Is Alipay’s goal to be a personal life terminal?

　　8. Youyou Food plans to log in to the Shanghai Stock Exchange e-commerce growth rate by more than 300%.

　　On May 8, the China Securities Regulatory Commission recently announced the latest queues of IPO companies. Youyou Food Co., Ltd., a company listed on the New Third Board, plans to be listed on the Shanghai Stock Exchange, and the sponsored broker is Northeast Securities. Youyou plans to issue no more than 79.5 million shares on the Shanghai Stock Exchange, with plans to raise 561 million yuan. The funds raised this time will be mainly used for Youyou Food Industrial Park project, marketing network construction and brand promotion projects. According to information, Youyou Food Co., Ltd. was established in 2007 and specializes in the research, development, production and sales of snack foods. The company's main business is snack foods such as pickled pepper chicken feet. The products include pickled pepper chicken feet, braised turkey wings and other meat products, and non-meat products such as hairtail, squid, bamboo shoots, peanuts, and dried tofu. The company has developed into a company with a profit of over 100 million yuan in several years since its establishment, and it was listed on the New Third Board on November 20, 2014. (Source: Yibang Power Network)

　　Comment: The increase is more than 300%, which is amazing.

　　9. 30% of college students’ e-commerce entrepreneurship relies on loans, and the non-performing rate of online merchant banks is only 0.2%.

　　According to the latest data from Ant Financial, 28% of college e-commerce entrepreneurs have used the Ant Merchant Bank loan service, with an average annual loan amount of 70,000 yuan and an average annual loan of 12. Among them, Guangzhou, Shenzhen, Hangzhou and Shanghai have become the cities with the largest number of college students who use loans to start e-commerce businesses. At the same time, the loan bad debt rate of college students' e-commerce entrepreneurs is only 0.2%, which is about 1/9 of the average bad debt rate of credit cards. (Source: Tianxia Online Business)

　　Comment: Mass entrepreneurship and innovation.

　　10. JD.com's revenue in the first quarter was 76.2 billion yuan in net profit of 1.4 billion yuan.

　　On the afternoon of May 8, JD.com (Nasdaq:JD) released its first quarter financial report for fiscal year 2017 today. Net income was RMB 76.2 billion (approximately US$11.1 billion), a year-on-year increase of 41.2%. Based on non-US general accounting standards, net profit is RMB 1.4 billion (approximately US$200 million). According to data summarized by Yahoo Finance, the average expectation of 14 Wall Street analysts is that JD.com's diluted earnings per American depositary receipts (ADS) per share in the first quarter are RMB 0.01. According to the financial report, JD.com's diluted ADS per share in the first quarter was RMB 1.03 (approximately US$0.15), higher than analysts' expectations. (Source: Sina Technology)

　　Comment: Those who can understand financial reports are all gods and men, because what is important is not what he said, but what he didn’t say.

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