#Laogao E-commerce News# Weekly Information (May 8-May 12) 1. Two suspects who used Taobao loopholes to blackmail online stores were sentenced to up to one and a half years in prison; 2. The State Council established "China Brand Day"; 3. China's e-commerce advertising surpassed the search for the first time, becoming the brand's new favorite; 4. Tmall and Shenzhen cooperated to incubate 500 Shenzhen companies every year to touch the Internet; 5. Youku employees injured Tencent employees and Tencent issued a statement to hold legal responsibility!
1. Two suspects in Hebei were sentenced to up to one and a half years in prison for using Taobao loopholes to extort online stores.
On May 10, two men in Hebei took advantage of the rules loopholes in Taobao platform and faked the copyright owner to complain to the merchant, causing the merchant's baby link to be deleted, and then asked the merchant to pay a expensive "authorization fee" in the name of revoking the complaint. They committed crimes repeatedly and made a total profit of more than 40,000 yuan. The Nanhai Court announced yesterday that the two men were sentenced to one year and six months in prison and eight months respectively for extortion, both of which were fined. It is understood that this case is the first online "credit" extortion case in Foshan. (Source: Guangzhou Daily)
Comment: Reputation and sales are the "life" of Taobao stores, but they cannot be a handle for blackmail.
2. The State Council establishes "China Brand Day"
On May 10, the "China Brand Day" established by the State Council. As a manufacturing power, how can China be upgraded to a brand power? An important answer is: relying on the Internet and new retail to help brand transformation and upgrading. On May 9, Tmall and Alibaba Research Institute released the "Domestic Product Breakthrough Report" and provided advice on the transformation and upgrading of domestic products: leading the consumption direction; occupying the mid-to-high-end blank market; using new channels and new technologies to establish brand awareness; focusing on original and personalized markets. These four points will become an important direction for brand breakthrough. (Source: Tianxia Online Business)
Comment: Get rid of the positioning of Chinese manufacturing factories and attack the upstream of the industry.
3. 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.
4. Tmall and Shenzhen cooperate to increase investment in incubating 500 Shenzhen companies every year
On May 9, Tmall and the Shenzhen Municipal Government announced in-depth cooperation. The two parties announced that they will support 500 companies to enter Tmall every year in the future, promote the accelerated integration of online and offline retail industries, and accelerate the completion of the Internet transformation of Shenzhen's local brands. This is after Alibaba signed a strategic cooperation agreement with the Shenzhen Municipal Government during last year's Double 11, and Shenzhen has made another effort in the new retail field after vigorously promoting new manufacturing. In order to better promote commercial informatization and help all commercial elements to be digitized and Internetized, Tmall has set up a fixed site offline to transport high-quality enterprises online, and provides a number of other value-added services such as business consultation and e-commerce training to help more small and medium-sized enterprises in Shenzhen complete the transformation from offline to online. In addition, Tmall and the Shenzhen Municipal Government jointly created the "Tmall Shenzhen Mall", including many local brands such as Rollston and Pinsheng, and have been officially launched on the mall. (Source: Tianxia Online Business)
Comment: The future potential of any business cannot be separated from the power of consumers.
5. Youku employees injured Tencent employees and Tencent issued a statement to hold them legally responsible!
On May 12, Tencent issued a statement on the incident of Youku employee Li Moumou stabbing a female employee with a wine glass for no reason, causing the clinical preliminary diagnosis of abdominal trauma, traumatic infection, and traumatic swelling. Tencent asked Youku Company and Youku Company's employees to bear corresponding legal responsibilities, publicly apologize, and compensate the injured staff within a reasonable and legal scope. (Source: Tencent Video)
Comment: What's the reason? How should the two platforms deal with it?
6. A 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.
7. 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.
8. 30% of college students’ e-commerce entrepreneurship rely on loans, while 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.
9. Taobao brand AK appears on the New Third Board
On May 8, AK men's clothing parent company Shanghai Kaichen Clothing Co., Ltd. (hereinafter referred to as "Kaichen Clothing") has successfully landed on the New Third Board. It is understood that AK men's clothing under Kaichen Clothing is mainly positioned in the military style, mainly designing and producing casual men's clothing brands mainly based on military elements and outdoor elements. According to the information disclosed in the prospectus, in the next few years, AK Men's Clothing plans to further develop offline direct stores and franchise stores while ensuring online sales. Unlike a large number of new fashion brands, the replacement cycle of AK men's clothing is relatively long, and product design and selection focus on durability. (Source: Beijing Business Daily)
Comment: Listing is just another starting point.
10. General Administration of Customs: Support cross-border e-commerce to establish “overseas warehouses”
On May 12, the General Administration of Customs recently issued the "Key Work of Customs in Promoting the Construction of the Belt and Road Initiative in 2017", deploying 12 key tasks to serve the construction of the Belt and Road Initiative in all aspects, actively promote the construction of the "Online Silk Road", and support cross-border e-commerce enterprises to set up their "overseas warehouses" in logistics hubs along the route. It is reported that the 12 key tasks this time cover multiple areas such as port opening, supervision, free trade zone construction, law enforcement cooperation, etc., and the content involves key business reform, innovating regulatory models, building a cooperation system, promoting smooth trade and facility connectivity. (Source: China Economic Network)
Comment: Cross-border e-commerce has greater freedom of movement.
11. SF Express’s new slogan: “24360”
According to May 12, SF Express recently launched the "24360" service commitment to the public, aiming to provide customers with "24h" full-time companionship and "360°" full-industry chain services. It is reported that on the one hand, SF Express will continue to adhere to the 24-hour duty and resumption mechanism during all holidays. On the other hand, SF Express intends to diversify its upstream and downstream development in the industry, and based on the advantageous resources of logistics, it provides customers with "360°" full-industry chain services including logistics, warehousing, and information services. (Source: E-commerce News)
Comment: Service upgrade, but balancing costs and benefits is a big challenge.
12. Alibaba's anti-counterfeiting special forces will post another "hero post": no limit on budget and no limit on people
On May 11, Alibaba has made new moves in combating counterfeiting. After Jack Ma issued the "control of counterfeiting like drinking and driving" and Alibaba's first anti-counterfeiting "Joint Communiqué", the reporter learned today that the Alibaba Platform Governance Department has completed a talent inventory and issued a "hero order" to the society again starting from May 11 to start a new round of talent recruitment. This time, the anti-counterfeiting experts recruited by the anti-counterfeiting special forces are divided into three directions. One is the direction of data mining, emphasizing that candidates must have solid foundations in statistics, econometrics or machine learning; the other is the direction of offline attacks, requiring candidates to have strong cybercrime investigation experience and data investigation capabilities; and also product operation direction, requiring candidates to be able to do product planning and design. (Source: Tianxia Online Business)
Comment: Anti-counterfeiting requires a complete set of methods, and just fighting is far from enough.
13. Rural women learn to do e-commerce and open shops to become owners of Chongqing Women's Federation courses and special training
According to May 9, starting an e-commerce business can also become a way for rural women to increase their income and become rich. Today, the National Women's Federation Qinbashan District (Chongqing) women's e-commerce training class hosted by the Women's Development Department of the All-China Women's Federation and hosted by the Chongqing Women's Federation was held in Chongqing. 50 women from 14 key districts and counties in the city who want to understand e-commerce knowledge and have the intention to start an e-commerce business participated in the training. "This training is to cultivate a group of rural women's e-commerce entrepreneurial leaders who understand theory, business, and are good at operating, and help rural women, especially women in poor areas, increase their income and become rich." A relevant person in charge of the Municipal Women's Federation introduced that the training focuses on combining e-commerce development with helping poverty alleviation. In teaching, it combines the characteristics of poor areas and the difficulties faced. (Source: Hualong.com)
Comment: If you can do a good job in e-commerce poverty alleviation, it will be of great merit.
14. YTO buy Xianda International for up to 1.5 billion Hong Kong dollars, leveraging Cainiao to seize the opportunity to export logistics to overseas
On the evening of May 8, YTO Express issued an announcement, announcing the acquisition of 61.87% of the shares of Xianda International Logistics Holdings Co., Ltd. (6123. HK) for HK$1.041 billion, equivalent to HK$4.0698 per share. Xianda International is a logistics company listed on the Hong Kong Stock Exchange. This acquisition still requires written confirmation by the Hong Kong Stock Exchange and its executives. According to the announcement, after the acquisition is completed, YTO Express will trigger the tender offer obligations stipulated in the Hong Kong "Code for Companies Acquisitions and Mergers", with the tender offer price up to HK$482 million, which means that the total maximum of this acquisition amount and the tender offer amount is HK$1.523 billion (equivalent to RMB 1.35 billion), accounting for about 16.47% of YTO's audited net assets in the past year. (Source: Tianxia Online Business)
Comment: Continuously improve the company's layout.
15. Reputation mobilizes millions of merchants to jointly resist gutter oil, and check gutter-free restaurants with one click
On May 10, Alibaba's local life service platform "Reputation" announced that it will jointly launch a "gutter-free oil" campaign with millions of offline restaurants. Restaurants that promise not to use gutter oil will have their reputation online stores marked as "gutter oil-free" and will be recommended. In terms of reputation, the "gutter-free oil" action can make it easier for users to find sanitary restaurants, and hopes to make more and more businesses abandon gutter oil through public supervision. (Source: Tianxia Online Business)
Comment: This is another social public issue that the "Ali Group" company declared war after the issue of counterfeit goods.
16. Tenpay received a fine of 30,000 yuan for business violations
On May 10, the Shanghai Branch of the People's Bank of China announced the administrative penalty decision [Shanghai Silver Penalty No. [2017] No. 9] on its official website. According to the content, Alipay (China) Network Connection Technology Co., Ltd. was fined RMB 30,000 for violating payment business regulations. The date of the administrative penalty decision is April 21, 2017. Coincidentally. Previously, on April 26, the Shenzhen Branch of the People's Bank of China also announced the penalty information on Tenpay on its official website. According to the administrative penalty decision [Shenrenyin Punishment No. [2017] No. 9], Tenpay Payment Technology Co., Ltd. was fined 30,000 yuan by the central bank for failing to strictly implement the relevant provisions of the "Regulations on the Management of Online Payment Business of Non-Bank Payment Institutions". The date for the administrative penalty decision is May 3. (Source: Phoenix Finance)
Comment: There has never been any news that Tenpay and Alipay, two giants that occupy the payment market, have been punished for violations. This is the first time.
17. Alibaba Day Live Broadcast, 102 Collective Wedding for Alibaba Newcomers
On May 10, today, 14,000 employees and relatives came to Alibaba's six major parks around the world on Alibaba's annual "Ali Day" to visit and experience the working environment of their relatives. The capital market also sent a big gift, Alibaba's market value reached the 300 billion US dollar mark, entering the first camp of global listed companies. CEO Zhang Yong thanked his employees’ family: The market value of US$300 billion is inseparable from your efforts. (Source: @Laogao E-commerce Circle)
Comment: Good company activity.
18. Shared umbrella is here, Sesame credit exceeds 600 and no deposit is allowed
5月10日消息，继共享单车、共享篮球、共享充电宝之后，共享雨伞也来了。共享雨伞-魔力伞的创始人沈巍巍介绍，自3月31号以来，广州6个地铁站一共投入1000把雨伞，吸引了4000位用户。共享雨伞借还机设置在地铁闸口处。雨伞上方的机器屏幕显示了借伞、还伞具体操作步骤，用户通过扫描二维码借还雨伞。每把雨伞使用12个小时内，费用为1元，押金20元，如果芝麻信用积分超过600的用户，可免押金。（来源：新浪微博）
Comment: The demand is too low-frequency and cannot be achieved.
19. DingTalk releases smart attendance machine standards to leverage the 10 billion smart office market
On May 9, the Hangzhou Station of Alibaba DING Summit was unveiled. DingTalk released its first smart office hardware - the smart attendance machine M1, and announced that the standards and underlying technology of the attendance machine are open to all merchants. Chen Hang said that DingTalk Card can not only help small and medium-sized enterprises reduce costs and improve efficiency, but more importantly, "DingTalk + Smart Office Telephone + DingTalk Card" will build a well-known business communication network to provide unprecedented convenience for unified communications for work and business. (Source: Tianxia Online Business)
Comment: Any demand is done well and it will be a big market.
20. Alipay face-scanning new function: certified pension collection qualification
On May 11, Alipay added another face-scanning function in Shenzhen - certified pension collection qualification. In the past, retired elderly people in Shenzhen had to go to the human resources and social security hall in person for fingerprint verification every year, and only after that, they were eligible for pension payment. If the elderly live in another place, they have to go back every year, which is very inconvenient. Now, the Shenzhen Human Resources and Social Security Bureau has introduced Alipay's facial recognition technology. Elders do not need to go out. Even if they are in other places, they can directly complete qualification confirmation using Alipay. (Source: Kuai Technology)
Comment: Very convenient.
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