#Lao Gao E-commerce Newsletter# [November 20 E-commerce Morning News] 1. Dong Mingzhu criticized Jia Yueting: Negative energy relies on concepts to make money; 2. Liu Qiangdong responded to "I don't know my wife's beauty": I am really blind; 3. Alibaba invested 22.4 billion Hong Kong dollars in Gaoxin Retail, and the new retail of China's well-known supermarkets was upgraded; 4. The courier has passed the peak of delivery of parcels of more than 90% of the parcels have completed delivery of parcels; 5. The COO of China Resources Vanguard has undergone major personnel changes and was dismissed.

1. Dong Mingzhu confronts Jia Yueting: Negative energy relies on concepts to make money
Recently, the "domineering president" Dong Mingzhu, chairman and president of Gree Electric Appliances, has made the headlines again, this time because she quickly criticized Jia Yueting. Dong Mingzhu, president of Gree Electric Appliances, gave a speech at the entrepreneurial work conference. When talking about Jia Yueting's incident, she believed that a company that relies on concepts to make money has brought negative energy to society. The person in charge of the company is not only to make a good product, but also to be responsible to society, and more importantly, to cultivate talents.
Hot comments from netizens: Sister Dong said a pun and told the truth, which made those idiots completely realize
2. Liu Qiangdong responded to "I don't know my wife's beauty": I am really blind
On November 19, Zhou Hongyi teased Liu Qiangdong at the new book launch conference, bluntly saying that the two have a common disease: face blindness. Zhou Hongyi said: "It is right to be blind to recognize people, but if you can't tell whether she is a beauty... I think I still have this ability!" Liu Qiangdong responded solemnly again on the spot: "...Some people may be born with lack of some basic art..."
Hot comments from netizens: I think ~ JD CEO Liu wants to use this sentence to inform netizens that what is behind Zhang Zetian’s beautiful appearance is the inner one ~ No netizens have noticed it?
3. Alibaba invests 22.4 billion Hong Kong dollars in Gaoxin Retail, and new retail upgrades in China's well-known supermarkets
On November 20, 2017, Alibaba Group, Auchan Retail SA and Runtai Group announced the establishment of strategic cooperation in new retail. According to the strategic agreement, Alibaba Group will invest approximately HK$22.4 billion (approximately US$2.88 billion) to directly and indirectly hold 36.16% of Gao Xin Retail's shares. Gao Xin Retail is a well-known and fastest-growing hypermarket operator in China. It operates 446 hypermarkets in 29 provinces, cities and autonomous regions across the country, under the two major brands Auchan and RT-Mart. In 2016, its revenue exceeded 100 billion yuan, and its market share remained the largest in the domestic retail industry for many years. (Tianxia Online Business)

4. The courier has passed the peak delivery of parcels and more than 90% of the parcels have been completed.
The peak of express delivery on Double 11 has been smoothly passed, and many express delivery companies told reporters that more than 90% of the delivery tasks during Double 11 have been completed. The reporter learned that behind the rapid development of express delivery, more and more express delivery companies are gradually achieving breakthroughs and penetration in logistics business scenarios such as big data, cloud computing, and intelligent robots, making logistics more "smart". (Source: Labor News)
Hot comments from netizens: The first wave of buyer shows on Double Eleven has also begun...
5. Chuang Resources Vanguard Co., Ltd. has undergone major personnel changes and COO Cai Libin is dismissed
On November 17, according to insiders of CR Vanguard, CR Vanguard had another major personnel change. Cai Libin, the chief operating officer who worked at CR Vanguard for 11 years, was dismissed and his whereabouts were unknown. Cai Libin has been removed from his official website from the management team of China Resources Vanguard.

6. Merchant Instructions: Double 12 Marketing Node
On November 20, the Double 12 venue product/shop investment will be closed, and the outside world will last until December 12. On November 28, the investment in the special route venue ended. On November 30, the Double 12 content investment deadline will be closed. On December 1st, during the Double 12 warm-up period, all venues were launched, and the main promotion of exciting content shopping guides was to the platform level; treasure chest cash red envelopes/gold coins were revealed. On December 6, platform-level interaction received cash red envelopes. On December 9, the Double 12 preheating period, the peak period for purchasing massive commodities. On December 12, the Double 12 outbreak period.
7. WeChat transforms traditional gas stations and builds smart gas stations
On November 17, the smart gas station jointly built by WeChat and Guande Petroleum was launched today. According to Yibang Power Network, this gas station located in Nanshan District, Shenzhen has set up a payment channel in seconds, and fully automatic payment of the refueling process can be achieved by identifying the license plate of the refueling vehicle. According to Guande Petroleum, the WeChat smart gas station built this time is equipped with an intelligent Internet oil machine. This machine uses Guande Central Control Payment (KCP) technology, which can integrate intelligent license plate recognition, automatic payment, cloud flash payment, card payment, electronic invoice, paper receipt printing, and paper invoice printing. As of the end of 2016, among the proportion of gas stations in China, the number of gas stations in Sinopec and Sinopec was 30% and 20% respectively. Private gas stations account for more than 40%. In other words, after the two major state-owned gas stations were negotiated, it has become increasingly important for WeChat to acquire private gas stations.

8. Amazon quietly launched an APP to improve the efficiency of loading and unloading of goods
On November 17, according to US financial media CNBC, Amazon has quietly launched an app designed to help truck drivers enter and exit warehouses quickly. The app, called Relay, was launched later last month and is available on Apple and Android devices. Truck drivers input cargo information into the application and use QR code to scan through the security door, avoiding manual processing. According to the app page, in some places, Amazon has built a dedicated Relay channel.

9. Mini Program Double 11 data exposed: JD.com NetEase Pinduoduo doubles
During Double 11, JD Mini Program PV was 163.71 million, an average daily increase of 6.5 times compared with October data; from 11.1 to 11, the total UV introduced by mini programs reached 16.63 million. JD.com has launched the lucky bag SNS communication activity in the mini program for the first time. The cumulative number of participants in the 10-day event was 8.08 million, the number of participants was 18.56 million, the number of sharing was 3.08 million, the number of sharing was 5.53 million, and the sharing rate was 40%. In addition, the transaction rate of new customers in NetEase Yanxuan mini program reaches 3.358 times that of the App. The flow of home category exceeds 4 times, and the flow of infants and children at home is 3 times higher than usual. (Source: Yibang Power Network)

10. Alipay signed a contract with Vietnam's "UniversityPay" to expand its business in Vietnam
Foreign media said that recently, Vietnam National Settlement and China's settlement service management company Alipay officially signed a strategic cooperation agreement in Hanoi. According to Vietnam's People's Daily on November 15, this marks the official landing of Alipay in Vietnam. According to reports, NAPAS, Alipay, banks and merchants will be able to provide Chinese citizens with a new and convenient settlement tool - Alipay Payment for consumption and shopping in Vietnam.
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