Laogao E-commerce Newspaper on August 15th

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on August 15] 1. Post-90s sell steamed buns and earn 20,000 yuan a month; 2. JD.com's net revenue in Q2 was US$13.7 billion, up 43.6% year-on-year; 3. Amazon urgently recalled counterfeit and shoddy solar eclipse glasses and refunded consumers; 4. #Courier Special Award was released#; 5. Lipstick vending machine became a new "Internet celebrity" in the E-Synopsis Festival.

　　1. The post-90s generation earns 20,000 yuan a month

　　On August 15, the "Heze choked noodles with high pile steamed buns" store in Qianzhai Village, Jiazhai Town, Chiping County, Liaocheng City, a young couple born in the 1990s from Linyi were busy. They wake up at 4 o'clock every day and stay busy until after 9 o'clock in the evening. About 16 bags of steamed flour every day. There are about 5,000 steamed buns. According to the store owner Wang Wei, a rough estimate, the couple's income per month exceeds 20,000 yuan. (Source: Peninsula Metropolis Daily)

　　Comment: What you earn is also hard-earned money.

　　2. JD.com's net revenue in Q2 increased by 43.6% year-on-year

　　On the evening of August 14, JD.com released its second quarter results for 2017. In this quarter, JD.com's net revenue continued to operate business reached RMB 93.2 billion, a year-on-year increase of 43.6%, continuing to maintain rapid revenue growth, significantly higher than market expectations. The net profit of continued operations in non-GAAP under non-GAAP was RMB 976.5 million (approximately US$144.1 million), and the profit in a single quarter was close to the whole year of last year; under US$ GAAP, the net loss from continuous operations was RMB 287.0 million (approximately US$ 42.3 million); if the approximate statistical methods of major competitors in the industry were RMB 976.5 million (approximately US$ 144.1 million), JD.com's total transaction volume in the second quarter of 2017 was RMB 335.3 billion. As of June 30, 2017, JD.com's active users in the past 12 months was 258.3 million, an increase of 37% year-on-year from 188.1 million active users in the same period last year, leading the industry's growth rate. (Source: Tencent Technology)

　　Comment: JD.com’s business model is very vital.

　　3. Amazon urgently recalls counterfeit solar eclipse glasses and refunds to consumers

　　According to foreign media reports, Amazon recently said it is busy contacting consumers who have purchased counterfeit solar eclipse glasses on its website and are preparing to give them a refund. Refunding money to consumers who buy glasses "may not comply with industry regulations", but the e-commerce giant withdraws these solar eclipse glasses "out of caution". On August 21, the "super total solar eclipse" astronomical wonder will appear in the United States. Therefore, consumers' enthusiasm for buying eclipse glasses has increased significantly. To watch a total solar eclipse, special solar eclipse glasses are required to avoid permanent eye injury when viewed directly with the naked eye. However, some non-standard, imitation eclipse glasses have flowed into the market and they may not provide adequate protection to consumers. Some imitation eclipse glasses are even labeled with fake ISO safety certification logos. (Source: Tencent Technology)

　　Comment: This is not for commercial purposes, but to show consumers their attitude.

　　4. #Courier Special Awards released#

　　On August 15, "Our air conditioner outdoor unit suddenly caught fire. The courier who came to receive the goods helped put out the fire together and gave a thumbs up for the courier!" Ms. Du, who lives in Shijiazhuang, expressed her gratitude to Yang Xinping, the courier who stood up. On August 14, Yang Xinping received a reward of 10,000 yuan from rookie and Alibaba every day positive energy. The award comes from the first special courier award in the country - Alibaba Tiantian Positive Energy and Cainiao Network have established the "Find the Most Beautiful Courier" public welfare project to reward couriers, and work with hundreds of mainstream media in the country to spread the positive energy of couriers. Yang Xinping became the first winner. This project is for all couriers across the country, looking for, discovering and spreading good people and good things for couriers, such as helping others and bravely acting, and not seeking a grand and vigorous life. Even if it is a bit of ordinary life, as long as it is recognized by the project team, you can get a reward of more than 3,000 yuan, which can be as high as 100,000 yuan. (Source: Tianxia Online Business)

　　Comment: Promote positive energy.

　　5. Lipstick vending machine becomes a new "Internet celebrity" in the electronic music festival

　　On August 13 and 14, the unmanned lipstick vending machine jointly developed by Tmall and the new domestic brand Marie Daijia made its debut in Chengdu, and caused a lot of sensation at the electronic music festival that day. This is also another innovative practice that Tmall unmanned retail has focused on the industry after the Ministry of Commerce recently issued the "China Convenience Store Prosperity Index Report" for the first time that unmanned retail is used as a new trend in the future and a new idea to reduce the labor costs of traditional offline convenience stores. (Source: Tianxia Online Business)

　　Comment: Marie Dejia is a member of Laogao E-commerce Club .

　　6. WeChat payment open data capability merchants can manage business with mobile phones at any time

　　On August 15, the WeChat Pay smart ecosystem has been further opened up and the transaction data capabilities are opened to merchants. From now on, merchants can obtain daily business data and related analysis through their mobile phones in a timely and convenient manner. At present, special merchants connected to WeChat Pay ordinary merchants and ordinary service providers can apply to receive business data pushed daily by the official account. The data that merchants can obtain through their mobile phones include: daily transaction overview, such as statistics on transaction amount, number of transactions, and number of customers; user composition of new and old customers; payment period distribution, unit price range distribution and other transaction distribution. Merchants can also view multi-day trading trends, etc. by day, week, and month. (Source: Tencent Technology)

　　Comment: Revenue growth is inseparable from insight into user consumption.

　　7. Global brands increase investment in Tmall Global 3C Home Appliance Carnival Week

　　On August 15, from August 14 to 18, Tmall once again joined hands with global brands to give in 1 billion yuan to launch the "Tmall Global 3C Home Appliance Carnival Week", with a maximum discount of 1,500 yuan for a maximum of 10,000 yuan. At the same time, we have joined hands with Suning to provide consumers with a carnival feast where "good goods are not expensive" and work together to create a new pattern of 3C home appliances. On August 18, on the basis of Tmall's full discount, consumers can also enjoy the "rebate of 10,000 yuan" discount at Suning.com's Tmall flagship store. The total discount is 2,500 yuan, which is enough to prepare a complete set of home appliances and buy an additional iPhone 6 mobile phone. (Source: Tianxia Online Business)

　　Comment: The main method of shopping carnival is price discounts.

　　8. Handu released its first half of 2017 revenue, with an increase of more than 20%.

　　On August 15, Handu E-commerce released its 2017 semi-annual report. In the first half of the year, Handu Yishe achieved a total operating income of 850 million yuan (of which the main business revenue accounted for 99.94% of the operating income), a year-on-year increase of 21.40%; the total operating cost was 760 million yuan, a year-on-year increase of 21.72%; the operating profit was 91.5206 million yuan, a year-on-year increase of 24.31%; the total profit was 91.0428 million yuan, a year-on-year increase of 20.24%; the net profit was 75.2232 million yuan, a year-on-year increase of 29.49%; the net profit attributable to the parent company's owner was 72.6326 million yuan, a year-on-year increase of 24.98%. (Source: Yibang Power Network)

　　Comment: Handu Yishe ushered in a first half of both revenue and net profit increase.

　　9. Good Neighbor Convenience Store introduces O2O life services to "respond to all requests"

　　August 15th news, recently, Hao Neighbor Convenience Store added a new menu to its WeChat official account "As long as you ask for". According to a reporter from Beijing Business Daily, this is an O2O platform that provides door-to-door services. In addition to home cleaning and home appliance cleaning, it also has mobile phone repair, car maintenance, data recovery and other businesses, and even niche businesses such as door-to-door lock unlocking and emotional consultation. (Source: Beijing Business Daily)

　　Comment: A large number of O2O died last year, and it is still going to make a comeback now?

　　10. HaiLan Home increased its capital by 100 million yuan UR parent company Quickshang Fashion

　　On August 15, Hailan Home Co., Ltd. (hereinafter referred to as "Hailan Home") issued an announcement stating that its wholly-owned subsidiary Jiangyin Hailan Home Investment Co., Ltd. (hereinafter referred to as "Hailan Investment") will increase its capital with its own funds of 100 million yuan, and subscribe to its equity for the first period. It is reported that Kuaishang Fashion's main business is the operation of URBAN REVIVO (hereinafter referred to as UR) brand clothing, and its products are divided into women's clothing, men's clothing, children's clothing and accessories series. (Source: Lianshang.com)

　　Comment: This move will help both parties form a certain complementarity and synergy effect, share domestic and foreign design, channels, supply chain and other resources, and further increase market share.

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