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Laogao E-commerce Newsletter on September 27

2017-09-27

  #Laogao E-commerce Newsletter# [E-commerce Morning News on September 27] 1. Xinhuadu and Alibaba have reached a strategic cooperation and both parties plan to operate stores; 2. Two-dimensional hot: Don’t let merchants choose 2. Welcome to Meituan’s healthy competition; 3. Double 11 express company increases in payment subsidies and franchise outlets, low-price competition continues; 4. iPhone X is connected to the Internet, the Ministry of Industry and Information Technology is equipped with 3GB of memory; 5. Tmall’s "30-day quality assurance service specification" upgrade notice.

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  1. Xinhuadu and Alibaba have reached a strategic cooperation and both parties plan to operate stores

  On the evening of the 26th of this month, Xinhuadu issued an announcement stating that the company's controlling shareholder Xinhuadu Group signed a "Share Transfer Agreement" with Alibaba (Chengdu) Software Technology Co., Ltd. and Hangzhou Hanyun Xinling Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Hangzhou Hanyun"), stipulating that Xinhuadu Group will transfer its shares of 68,456,388 shares of Xinhuadu unrestricted circulating A shares (accounting for 10% of the company's total share capital) to Alibaba Chengdu and its joint actor Hangzhou Hanyun.

  After the completion of this share transfer, Alibaba Chengdu will hold 34,228,194 shares of the company, accounting for 5% of the company's total share capital; Alibaba Chengdu's joint actor Hangzhou Hanyun will hold 34,228,194 shares of the company, accounting for 5% of the company's total share capital. At the same time, Xinhuadu signed a "Cooperation Framework Agreement" with its affiliated party Hangzhou Alibaba Zetai. The two partners plan to complement each other's resources, share their respective supply chain advantages and retail business transformation and upgrading. (Source: Lianshang.com)

  2. Two-dimensional fire: Don’t let merchants choose 2. Welcome to Meituan’s healthy competition

  On the 26th of this month, Tang Seng, the founder of Two-dimensional Fire, responded to the statement of “Meituan’s ban on Two-dimensional Fire Incident”, saying: Don’t let merchants choose one of the two, and Meituan is welcome to compete well. 2D Fire stated that on September 19, Meituan told merchants that it would stop outputting takeaway order data for merchants using the 2D Fire cashier system from September 22. After the communication between the two parties, until now, Meituan has only restored the data transmission of some original merchants and made things difficult for new merchants using the two-dimensional hot cash register system. Users can only choose between manually entering cash register information and using Meituan Dianping's cash register. Two-dimensional Fire hopes that Meituan can stop the attack and stop harming merchants' own rights in a timely manner. Two-dimensional Fire is deeply engaged in the fields of retail and catering cashier systems, providing services to more than 300,000 new retail companies and nearly 300,000 catering companies in China. It is an enterprise that provides retail SaaS systems. (Source: Lieyun.com)

  3. Double 11 express delivery companies increase payment subsidies and franchise outlets low-price competition continues

  Recently, an operation director of a Tongda Express Company told Interface reporter that the distribution fee for each item will increase by 50 cents to 1 yuan during Double Eleven. The above-mentioned person in charge said that the daily costs of franchisees increased during Double Eleven, which has a great impact on the interests of franchisees, and the headquarters needs to provide subsidies. Under the franchise system, outlets themselves are inevitably different from the headquarters' strategy, and they need to maintain the stable operation of outlets, including implementing price policies such as survival of the fittest and adjusting transfer fees and distribution fees for outlets. (Source: Interface News)

  4. iPhone X is connected to the Internet and the Ministry of Industry and Information Technology is equipped with 3GB of memory

  Apple has confirmed that it will officially launch the iPhone X equipped with a full-screen to the global market on November 3, and the domestic version of this new phone has recently been officially approved for access to the Internet on the Ministry of Industry and Information Technology's website. According to the Internet access information on the website of the Ministry of Industry and Information Technology, the product model of the Chinese version of iPhone X is A1865, which uses a 5.85-inch display, a built-in 2716mAh battery, an A11 processor, a rear dual 12-megapixel camera, and a front 7.2-megapixel selfie lens. It is worth noting that the standard memory capacity of iPhone X is 3GB, not the 2GB that was rumored to have been widely rumored. (Source: Zhongguancun Online)

  5. Tmall's "30-day quality assurance service specification" upgrade notice

  On the 25th of this month, Tmall issued an announcement stating: Dear merchants, in order to standardize the market management order of Tmall online shopping platform and provide consumers with a better shopping experience, Tmall will upgrade the "30-day warranty service specification".

  The change of the rules will be announced on September 25, 2017 and will officially take effect on October 2, 2017. Main changes: categories that add specifications to support: children's clothing/baby wear/parent-child wear, sportswear/casual clothing, women's underwear underwear/home clothing products, children's shoes/baby shoes/parent-child shoes, sports shoes new category products (Source: Tmall Rules)

  6. Nvidia helps JD.com Intelligent Logistics invest in millions of drones in five years

  On September 26, 2018, NVIDIA founder and CEO Huang Renxun said at the GTC conference that NVIDIA will work with JD.com to use intelligent machines powered by NVIDIA Jetson supercomputer modules to introduce artificial intelligence into the logistics and distribution fields. Huang Renxun said artificial intelligence will play a crucial role in this project, and many industries will benefit from it.

  JD X department under JD has cooperated with provinces and cities such as Beijing, Sichuan, Shaanxi and Jiangsu to launch pilot projects aimed at using drones in express delivery, agriculture, search and rescue fields. JD X is expected to launch more than 1 million drones in the next five years. (Source: Tencent Technology

  7. Google plans to split its shopping service to meet EU rectification requirements

  On the evening of September 26, Beijing time, Bloomberg quoted three people familiar with the matter today as saying that Google will split up Google Shopping shopping services to meet the EU's antitrust rectification requirements. In June this year, the EU ruled on Google Shopping's monopoly, saying that it had decided to impose a fine of 2.42 billion euros (about 2.7 billion US dollars) on Google because Google favored its own service in search results. (Source: Bloomberg)

  8. Jia Yueting: Faledi's medium- and long-term production plan remains unchanged

  On the afternoon of the 26th, in response to the news that Faldei Future has officially withdrawn from Nevada, Jia Yueting posted on Weibo that Faldei Future will continue to retain the land of APEX Industrial Park in North Las Vegas, Nevada, USA, and the medium- and long-term production plan will remain in place. The subsidy will be temporarily refunded after consultation with the local government, and the medium- and long-term plan will be reapplied after it restarts.

  Jia Yueting said that in the short term, he will focus on the Sequoia U factory in Hanford, California to accelerate the delivery of FF 91 as scheduled. (Source: Sina Technology)

  9. [ Cainiao President sends an internal email: Get comprehensive advantages in new retail logistics within five years]

  On the evening of the 26th, after Alibaba increased its holdings in Cainiao and announced its investment of 100 billion yuan, Cainiao Network President Wan Lin then sent an email from all employees, saying that Cainiao "will gain a comprehensive advantage in the new retail logistics layout within five years."

  Wan Lin said in an email that Cainiao has initially established a leading position in the field of smart logistics after four years of development. New retail is profoundly changing the business form. For Cainiao, who has no path dependence, it is the best opportunity to change lanes and overtake and plan for the future. (Source: Sina Technology)

  10. Unilever continues to lay out the high-end market, acquiring Korean cosmetics manufacturer US$2.7 billion

  Unilever will acquire South Korean cosmetics maker Carver Korea for $2.7 billion, Reuters reported. In July 2016, Goldman Sachs and Bain Capital bought Carver Korea for about $310 million. Carver Korea owns skin care brand AHC, with revenue of approximately 321 million euros last year. Unilever said that South Korea is the fourth largest skin care product market in the world and a leader in global trends. The acquisition aims to increase Unilever's market position in North Asia and add "affordable luxury products" to its initial product line. In June this year, Unilever acquired the American high-end beauty brand Hourglass, and in August anonymous sources said that it intends to buy the Estee Lauder Group with L'Oreal and others. (Source: Tianxia Online Business)

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