#Laogao E-commerce Newsletter# [October 17 E-commerce Morning News] 1. The information of Hyatt Hotel guest is leaked and well-known in China is affected; 2. The 40 first-tier brands in the home furnishing industry targets 5 billion in Double 11; 3. The CEO of the CFDA of the American Designers Association secretly visited Tmall and will bring core designer brands to show the Tmall Double 11 global trend ceremony; 4. The Supreme People's Procuratorate released guiding cases: deleting and modifying online shopping evaluations may constitute a crime; 5. Suning's Double 11 concept will place 200,000 shared express boxes.

1. Information about Hyatt Hotel guests was leaked and well-known in China
It was learned on October 15 that recently, 41 Hyatt Hotel payment systems in 11 countries around the world were hacked and a large amount of data was leaked. This is also the second serious data breach incident that occurred in the hotel group since January 2016. According to statistics, the information of guests in 41 hotels in 11 countries around the world was leaked, and a total of 18 Hyatt Hotels in China were affected, making it the well-known and most affected country in this incident. The leaked information includes the guest payment card name, card number, expiration date and verification code, which is the second serious data breach of the hotel. (Source: China Finance Network)
Hot comments from netizens: It turns out that this is how you can check the booking records online
2. The 40 first-tier brands in the home furnishing industry have double 11 targets of 5 billion
5 billion is the goal of Jianghu Building Materials Alliance for Double 11 in 2017, which is 2.5 times its single-day sales of 2 billion yuan in Double 11 in 2016. It is understood that on Double 11, 2017, Jianghu Building Materials Alliance recruited and screened 40 first-line brands in the industry with "home" as the core, spanning multiple categories such as building materials, furniture, home decoration, home appliances, water purification, soft decoration, smart robots, etc. Each brand is more than the top 5 in the industry. Among them, Kabe and Mengbaihe are also members of Jinguan Club, and Opp is a member of Laogao E-commerce Club. (Source: Yibang Power Network)

3. The CFDA CEO of the American Designers Association secretly visited Tmall to bring core designer brands to show the Tmall Double 11 global trend ceremony
On October 15, Steven Colb, CEO of the American Designers Association CFDA (organizer of New York Fashion Week), visited Alibaba's Xixi Park to call the upcoming Tmall Double 11 Global Trend Ceremony, and brought two "firsts" to the cooperation between the two sides. It is reported that at the upcoming DT era annual fashion show - 2017 Tmall Double 11 Global Trend Ceremony, which will be held on October 20, New York Fashion Week will come to China with core brands such as Jason Wu, Opening Ceremony, and Robert Geller. The two "first time in history" are considered by the industry to be "a handover between China and the United States' fashion discourse power through time and space", and also "a handover between fashion discourse power from the industrial era to the DT era". The trend ceremony will also be the beginning of a series of cooperation between Tmall and New York Fashion Week. (Source: Tianxia Online Business)

4. The Supreme People's Procuratorate issued a guiding case: Deleting and modifying online shopping evaluations may constitute a crime
Delete and modify online shopping reviews, destroy smartphone operating systems, enter computer information systems beyond authorization, and defraud online ride-hailing platforms subsidies... How should these behaviors appear as new Internet business formats appear? The ninth batch of guiding cases of the Supreme People's Procuratorate gave the answer: these behaviors may constitute crimes. (Source: Hexun.com)
Hot comments from netizens: So how do operators http hijacking, DNS hijacking, certificate replacement, and man-in-the-middle attacks continue to undermine information security? Crime under the order?
5. Suning Double 11 concept will be launched with 200,000 shared express boxes
According to October 16, as Double Eleven approaches, major e-commerce platforms are ready to introduce preferential promotional policies to attract consumers. Today, Suning.com announced its Double Eleven gameplay during the O2O Shopping Festival, which will last for 11 days, and declared that it will create a "three-in-one" shopping festival with all channels, all industries and all customers, and with the help of the omni-channel integration of dual-lines, it will fully penetrate the entire industry. With the rapid development of the retail industry, consumption trends are gradually transforming into experience economy. Suning.com President Hou Enlong emphasized that the theme of Suning.com Double Eleven this year is "more than what you see, shopping for 11 days", and will provide consumers with "willfulness" that other e-commerce cannot achieve. (Source: TechWeb Lao Miao)

6. The new retail sales of Sinopec JD.com are released
Traditional gas stations have become a new battlefield for JD.com and Alibaba to compete. On October 16, JD.com Group and Sinopec Sales Co., Ltd. (hereinafter referred to as "Sino-Petrochemical") officially signed a strategic cooperation agreement. The two parties announced that they would work together to build 30,000 smart gas stations. At the same time, Sinopec will use JD.com's e-commerce resources to transform the original 25,000 EasyJet convenience stores. (Source: Beijing Business Daily)
7. LeTV announced that it will continue to suspend trading for six months
On the evening of the 16th, LeTV issued an announcement on the progress of the suspension period of major asset restructuring, and will continue to be suspended from trading since the opening of the market on October 17. Starting from April 17, LeTV will suspend trading for six months. Currently, LeTV Holdings holds 21.81% of LeTV Pictures' equity, making it the largest shareholder, and Jia Yueting is the actual controller of LeTV Holdings! (Source: Sina Technology)
Hot comments from netizens: How many half a year will I stop my life for you! Youth is fleeting!
8. Xiaomi plans to invest 23 billion in Wuhan to bet with Dong Mingzhu highlights pressure
After setting a 1 billion yuan bet with Dong Mingzhu, Lei Jun never gave up on Xiaomi's expansion. Recently, Lei Jun revealed in public that in the next few years, Xiaomi will invest 23 billion yuan in Wuhan to continue to accelerate the construction of Xiaomi's Wuhan headquarters. At the same time, Lei Jun said: "In another three to five years, Xiaomi will enter the top five, top three, and even first in mobile phone sales in more countries." At present, Dong Mingzhu is also accelerating the expansion of Gree's mobile phone sales channels, but there is still a certain gap in the scale of the two in the mobile phone industry. (Source: Sina Technology)?
9. Amazon China bets on cross-border e-commerce to add more chips to overseas purchases
On the eve of the arrival of "Double 11" and "Black Friday", Amazon China will always have new actions. On October 16, Amazon China announced that Amazon Germany has entered overseas shopping and has intervened in more than 400,000 products selected from 17 categories and more than 6,800 brands on the first day of its launch. Deya is the fourth direct mail market opened by Amazon China after the accession of the United States, Asia, Britain, Asia and Japan. Deya's sales are Amazon's second only to the United States in the world. Can the introduction of Germany's "hot products" bring more bargaining chips to Amazon China in the upcoming year-end promotion? (Source: First Financial Daily)

10. Liu Qiangdong posted the new JD headquarters: Four groups of ten giant buildings can accommodate 50,000 people
Yesterday at noon, Liu Qiangdong posted the design drawings of the new JD headquarters building, which consists of four groups and ten giant buildings, with an capacity of more than 50,000 people and 40,000 people as R&D personnel! Liu Qiangdong said, "In 2009, the sales volume was only about 10 billion yuan, but there was a dream that JD.com would become a super-large company. We should stay away from the city, otherwise it would be too much pressure on the city." In the end, Liu Qiangdong chose the current Yizhuang area in Beijing and left Beijing a few kilometers south! "Looking back today, I saw that the decision was right!" It is worth mentioning that the human resources strongly opposed it at that time, believing that it was impossible for that place to recruit people. However, Liu Qiangdong insisted on choosing to be in a remote place. He emphasized: "As long as people who have the same dream as us will come, there will always be people who live for their dreams, not for the city!"

Hot comments from netizens: I often say this. The times create heroes. An era has made achievements, Liu Qiangdong and Jack Ma. Let’s wait for a group of influential domestic consortiums. Have influence in the country. Don't let your dream become a dream. If you have a dream, you can realize it.
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