Laogao E-commerce Newsletter on July 3

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on July 3] 1. Ofo Qingfeng Beijing concert, led by Stefanie Sun; 2. Honor of Kings will strictly prevent addiction: play for one hour a day under the age of 12; 3. Well-known cosmetics brands are now fake "China official website"; 4. Cainiao responds to Tmall International Direct Mail: You can choose logistics providers independently; 5. 1.43 trillion yuan! Yu'ebao is amazing in scale.

　　1. Ofo's concert in Beijing, Stefanie Sun led the lead

　　July 3rd news, the Beijing Workers Stadium shines last night, and it is destined to be another sleepless night. It is not difficult to see from the current situation that the ofo Qinglei Beijing concert, which has a minimum ticket of only 99 yuan, will become the most popular literary and artistic event in Beijing this summer. Infected by the sharing concept, ofo Xiaohuangche joined hands with the cooperation of Asia Starlight Entertainment, breaking the barriers to the high-ticket pricing mechanism of concerts in one fell swoop. You can meet high-end stars at 99 yuan. Many high-end singers willfully contribute to sharing music, so that every young person in the city can better feel the life concept and lifestyle of "light life", and let more people share music and share happiness. (Source: Sina Weibo)

　　Comment: It’s good to please young people.

　　2. Honor of Kings will strictly prevent addiction: play for one hour a day under 12 years old

　　On July 3, it will limit the daily login time for minors, upgrade the growth protection platform, and strengthen the real-name authentication system. In order to ensure the healthy growth of minors, after nearly a month of debugging and internal testing, Tencent will take the lead in launching the "three tricks" of the healthy game anti-addiction system with "Honor of Kings" as a pilot on July 4. (Source: Tencent Technology)

　　Comment: The anti-addiction system should allow Tencent to gain the favor of some parents.

　　3. Well-known cosmetics brands are now counterfeiting the "China official website"

　　According to July 3, recently, some netizens reported that they encountered a fake official website when purchasing cosmetics, and the money paid for purchasing products through Alipay flowed into their personal accounts. A reporter from Beijing Youth Daily consulted Shiseido Group, which NARS belongs to. The customer service said that since the relevant products have not yet entered the mainland market, the website confirmed that it was a counterfeit, and the quality of the products sold cannot be guaranteed. (Source: Beijing Youth Daily)

　　Comment: It is obviously a fraud and legal procedures should be followed.

　　4. Cainiao responds to Tmall International Direct Mail: You can choose a logistics provider independently

　　According to July 3, in order to improve consumer experience, Tmall International recently required overseas direct mail merchants to provide standardized and complete logistics, customs clearance and other information to consumers in the future. During this process, since the logistics service providers of some merchants find it difficult to provide standardized direct mail node information, Cainiao, as a cooperative logistics platform of Tmall International, recommends a group of logistics service providers with relevant capabilities, and merchants can choose freely among them. (Source: Tianxia Online Business)

　　Comment: It is also a good choice for the logistics industry to have an objective and fair third party.

　　5. 1.43 trillion yuan! Yu'ebao is amazing in scale

　　According to news on July 3, the latest announcement released by Tianhong Fund showed that as of June 30, its Yu'ebao scale had reached 1.43 trillion yuan. It surged by nearly 80% from 0.8 trillion yuan at the end of last year, and increased by nearly 300 billion yuan from 1.14 trillion yuan at the end of the first quarter of this year. The scale of 1.43 trillion exceeded the total amount of personal current deposits and fixed deposits of China Merchants Bank at the end of 2016, and directly caught up with the average balance of personal current deposits of Bank of China in 2016 of 1.63 trillion yuan. At present, Yu'ebao has become a world-renowned money fund. By the end of 2016, it already had 325 million existing customers. (Source: CCTV Finance)

　　Comment: Jack Ma is indeed changing the banking industry.

　　6. Foxconn withdraws shares and LeTV Zhixin: Stop OEM and clears inventory

　　According to July 3, the reporter learned that Foxconn's affiliated company Shenzhen Guanding has withdrawn from LeTV Zhixin's shareholder sequence. LeTV Zhixin is a holding subsidiary of LeTV's listed platform LeTV, which mainly carries LeTV's smart TV business. As LeTV is constantly exposed to financial crises, Shenzhen Guanding has been no longer in LeTV Zhixin's shareholder list since 2016. On December 21, 2015, LeTV mentioned Shenzhen Guanding for the last time in the "Legal Opinion of Beijing King & Wood Malleson Law Firm on the Purchase of Major Assets of the Company". Since then, Shenzhen Guanding has nowhere to be seen in LeTV's public information disclosure. (Source: Beijing Business Daily)

　　Comment: Business is a chain reaction. If there is any problem, there will be problems below.

　　7. Huaying Kailai was reported for suspected illegal fundraising and 32 other people were detained.

　　On the afternoon of July 2, the official Weibo of the Dongcheng Branch of the Beijing Public Security Bureau @Pingan Dongcheng announced that Beijing Huaying Kailai Asset Management Co., Ltd. (hereinafter referred to as Huaying Kailai) was reported by investors for suspected illegal fundraising. Currently, 32 people including Bai Moumou have been arrested and brought to justice. According to Sanlian Life Weekly, Bai Moumou is Bai Zhiming. In June last year, an elevated bus "Pakistan Railway" became popular, and its investor, Huaying Kailai, also attracted attention. It is understood that when the "Pakistan Railway" became popular, Huaying Kailai also issued the "Pakistan Railway" fund to raise funds. Subsequently, the "Pakistan" myth was shattered, and Huaying Kailai also entered a capital chain crisis, and the repayment was delayed repeatedly. The reporter noticed that Huaying Kailai investors said that "good news" and "support" about the news of 32 people being arrested. (Source: Daily Economic News)

　　Comment: How can you be so messy?

　　8. Survey says that Chinese men are the main online shopping force, nearly 90% of them love beauty and fashion

　　On July 3, Hong Kong media said that Boston Consulting Corporation (BCG) recently published a report saying that China is currently the fastest growing consumer market in the world, and male consumers spend more on online shopping every year than women. By 2021, China's consumer market size will reach US$6.1 trillion. The report said that in recent years, there have been consumer groups such as "urban trendy men" and "active silver-haired elderly people". Whether it is "online" (online shopping) or "offline" (physical store consumption), the number of male consumers in China has increased significantly. Male consumers spend more than women every year on "online" than women, about 10,000 yuan. (Source: Reference News Network)

　　Comment: There is no right to speak without investigation, it is actually like this.

　　9. Taobao has been revamped again, this time the action is a bit big

　　According to July 3, Taobao iOS and Android clients have recently been updated to version 6.9.0. Compared with the previous version, the interface has been simplified and personalized. According to Yibang Power Network, the specific changes in the Taobao version of this mobile version are as follows: 1. The "Message" in the upper right corner of the main interface replaces the "Ask Everyone" in the bottom navigation bar; 2. Set the transaction logistics messages, notification messages and interactive messages in the message window to top three icons, and merge the "Message" and "Service Number" into one interface. 3. Added a new "Content Number" window to integrate "Taobao Events" and "Reunion Information Release" in the original service account into the "Content Number"; 4. Taobao Toutiao has also made interface adjustments, and the latest pushed articles are adjusted from the top to the bottom of the entire page; in addition, an interactive dialog box has been added, but at present, the editor has not received any push or reply after sending the message. (Source: Yibang Power Network)

　　Comment: To better make content.

　　10. Ministry of Commerce: The impact of e-commerce is not the main reason for physical stores to close

　　According to the China National People's Congress website, Wang Bingnan, Vice Minister of Commerce, said that the impact of e-commerce is not the main reason for physical stores to close. The next step will be to promote physical stores to increase the application of new technologies such as the Internet, clear up unreasonable charges involving enterprises, reduce the burden on enterprises, and boost the real economy. The Standing Committee of the National People's Congress held a special lecture on "The Current Situation and Development of E-commerce". Wang Bingnan, Vice Minister of Commerce, reported on the development of e-commerce at home and abroad, the problems existing in my country's e-commerce, and the next work thoughts. Wang Bingnan pointed out that in 2016, China's e-commerce transaction volume was equivalent to 35% of the GDP, and its role in promoting supply-side structural reform is becoming increasingly prominent. (Source: China People's Congress Network)

　　Comment: If you don’t make progress, you will inevitably fall behind.

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