Laogao E-commerce Newsletter on June 22

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on June 22] 1. New pyramid scheme scams are exposed! 30,000 people have been cheated of 1.7 billion; 2. Apple removed 40,000 Chinese applications in a week, and the industry said it was declaring war on developers; 3. What happened to Wang Jianlin's Wanda? Wanda Movie is temporarily suspended; 4. The 2017 Chinese Celebrity Income List, #Luhan earns 180 million yuan per year#; 5. Jack Ma advises American companies: If you miss China today, you will miss the opportunity.

　　1. The new pyramid scheme scam has been exposed! 30,000 people have been cheated of 1.7 billion

　　According to June 22, financing activities such as private equity and crowdfunding are now increasingly appearing in the commercial field. In the name of investment and financing, illegal crimes occur frequently. Recently, the police in Qiandongnan Prefecture, Guizhou cracked a major case of suspected online pyramid schemes. The scam involved 31 provinces, 30,000 people were deceived, and the illegal income was as high as 1.7 billion yuan. (Source: 21st Century Business Herald)

　　Comments: They all take advantage of willful greed.

　　2. Apple removed 40,000 Chinese applications in a week, and the industry said it was declaring war on developers

　　On June 22, a week after Apple's hot update to deadline, more than 40,000 Chinese applications in the App Store have been removed from the shelves, accounting for 2% of the total number of applications. The United States also removed 18,000 of them in one day. Industry insiders pointed out that Apple's move is declaring war on developers. Previous in-app rewards have caused dissatisfaction among Chinese developers. (Source: Weibo)

　　Comment: Suddenly, so many people were removed from the shelves, which is obviously forcing developers to do so.

　　3. What happened to Wang Jianlin’s Wanda? Wanda Movie temporarily suspended trading

　　On June 22, this morning, Dalian Wanda series securities suddenly plummeted simultaneously, with Wanda Film approaching the limit and its market value shrinking by more than 6 billion yuan. In addition, bonds such as 150 Wanda 01 and 150 Wanda 02 all fell by about 2%. To this end, Wanda urgently stated: It said that everything is good, and the online bank's selling of Wanda bonds is a rumor. just! Wanda Movie has been suspended from trading on the Shenzhen Stock Exchange. (Source: CCTV Finance)'

　　Comment: The stock market is risky.

　　4. 2017 Chinese Celebrity Income List, #Luhan earns 180 million yuan per year#

　　According to June 22, we are often surprised by the high income of celebrities, but in the business community, as long as you can bring traffic, fans, and help entertainment companies and advertisers make money, no matter how high the income is, it is not an exaggeration. The current situation of China's consumer market is consumption upgrading , and personalization, emotionality and entertainment have become important trends. ???? (Source: @Laogao E-commerce Circle)

　　Comment: This is how the market is.

　　5. Jack Ma advises American companies: If you miss China today, you will miss the opportunity

　　On June 21, Jack Ma said at the Small and Medium Enterprises Forum held by Alibaba in Detroit that American companies should learn and understand the Chinese market just like our Chinese manufacturing industry understood the US market back then. If you miss the Chinese market, you will miss the future. (Source: China Daily)

　　Comment: Trade changes the world.

　　6. JD.com acquires equity in fashion shopping platform Farfetch for US$397 million

　　On June 22, JD.com announced that it will establish a strategic partnership with the fashion boutique shopping platform Farfetch to create a national preferred platform for online shopping of luxury goods. This strategic cooperation will integrate the advantageous resources of both parties. JD.com's logistics, Internet finance and technology capabilities and social media resources are combined with Farfetch's leadership in the global luxury goods field to provide consumers with a higher-end and smoother brand consumption experience. (Source: Tencent Technology)

　　Comment: JD.com’s fashion layout is becoming more and more complete.

　　7. my country's e-commerce retail sales exceeded 3 trillion for the first time, setting a record for the same period

　　On June 22, the "2017 China E-commerce Semi-annual Report" released by the Chinese Academy of Social Sciences recently showed that from December last year to May this year, the total online retail sales exceeded 3 trillion yuan for the first time in the six months, exceeding the total amount in 2014, setting a record for the same period of China's e-commerce retail. Data shows that in the first quarter of this year, Chinese consumers' total online shopping volume was more than twice that of the United States. Judging from the scale of the online retail market, my country has been ranked first in the world for many years. Last year, my country's e-commerce transaction volume accounted for more than one-third of the global total. my country's online retail sales account for not only far higher than the global average, but also higher than Europe and North America. In the past three years, this proportion has been increasing. (Source: Beijing Daily)

　　Comment: China's consumer market potential is far from being realized.

　　8. "One Yuan Purchase" switched to small platform players borrowed usury to make a profit

　　On June 22, the investigation found that the criticized and questioned "one-yuan purchase" has been withdrawn from some large e-commerce platforms. For example, NetEase has closed its treasure hunting platforms such as "One Yuan Treasure Hunt" and "One Yuan Shopping", among which the official website of "One Yuan Treasure Hunt" has been changed to "Yi Mall", and only 5 products are on sale. At the same time, this "luck-winning shopping" has moved to a small platform. The reporter searched for keywords such as "treasure hunting" and "one-yuan purchase" in the Apple Application Software Mall alone, and there were more than a hundred results, most of which were developed by individuals. According to the reporter, although "one-yuan purchase" is popular, it almost lacks supervision. "'One Yuan Purchase' omits the transaction link, which may be a means for merchants to evade industrial and commercial supervision." Zhu Wei, director of the Zhejiang Lawyers Association, said that if it cannot be identified as gambling, the public security department cannot control it, and the civil affairs department's jurisdiction over the lottery and gambling industries refers to lottery tickets issued by the state. (Source: Xinhua News Agency)

　　Comment: Why is it still banned?

　　9. Lei Jun takes Baidu President Lu Qi to visit Xiaomi Home

　　On the afternoon of June 22, led by Lei Jun, CEO of Xiaomi Technology, Lu Qi, President and Chief Operating Officer of Baidu Group and Vice Chairman of the Board of Directors, came to Xiaomi Home Beijing Wucaicheng Store and experienced products such as Xiaomi 6, Xiaomi TV, Xiaomi laptop and Mijia ecological chain on site.

　　While experiencing Xiaomi TV, Lu Qi was also shocked by the Dolby Atmos home theater system of the latest Xiaomi TV 4. Then. Lei Jun also demonstrated Mijia Xiaobai smart camera, Mijia smart home combination, Xiaomi wire board, Xiaomi Internet audio and other products to Lu Qi on the spot. Lu Qi is also very interested in these ecological chain products and expresses recognition of Xiaomi's products' route of improving appearance and cost-effectiveness. (Source: Tencent Technology)

　　Comment: Is this the pace of cooperation?

　　10. Didi responds to the accusation of writer Liuliu: 100% of the cost of dynamic price adjustment and price increase belongs to the driver

　　According to June 22, writer Liu Liu posted on Weibo last night "What is the reason for the existence of a rogue enterprise like Didi? 》 article accused Didi of monopoly of frequent price increases, saying that "Everyone is damaged, only the company benefits, that is not a monopoly?" In response, Didi responded: "We tried to restore the specific situation of the order at that time, checked the screenshot information in the article, and found that the order time was at the morning peak of travel. The system predicted that the total itinerary would take 42 minutes, of which 32 minutes were congested. At that time, a total of 289 people called a taxi through Didi within a radius of 3 kilometers near the order was issued, and there were only 56 empty cars, which was a serious supply shortage (Shanghai itself is also the first-tier city with the most shortage of transportation capacity in the country), which caused the order to trigger a dynamic price adjustment, and the congestion led to an increase in the duration and expenses." Didi said that it is actively contacting the other party, hoping to find out the details and use this to optimize and improve. (Source: Tencent Technology)

　　Comment: The price is left to the market to decide.

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