#Laogao E-commerce Newsletter# [November 21 E-commerce Morning Newsletter]

　　#Laogao E-commerce Newsletter# [November 21 E-commerce Morning News] 1. Alibaba leads the new retail strategic alliance online and offline, and has no separation and evolution together; 2. Fan Bingbing complains about the same PS model for merchants; 3. Survey: Annual salary of 100,000 defeats 90% of Chinese people; 4. Tencent E-commerce Dream Immortal WeChat Store Mini Program is online; 5. Many factories in the first town of bicycles have been suspended.

　　1. Alibaba leads the new retail strategic alliance online and offline without separation and evolution together

　　On the afternoon of November 20, Alibaba Group, Auchan Retail and Runtai Group reached a new retail strategic cooperation alliance press conference in Hong Kong. Alibaba Group CEO Zhang Yong, Oushang Retail CEO Wilhelm Hubner, Runtai Group Vice Chairman Huang Mingrui and Gao Xin Retail CEO and Executive Director Ludovic Holinier attended the press conference. They held their hands tightly, opening up a new pattern for the global new retail transformation. (Source: Tianxia Online Business)

　　2. Fan Bingbing complains about the same model as the merchant PS

　　On November 20, Fan Bingbing forwarded a Weibo post from a netizen, which was claimed by the merchant on the shopping website, "the same style as Fan Bingbing". The picture actually PS the clothes sold by the merchant on Fan Bingbing, not the same style that Bingbing has worn. And most of the styles are bright and tacky. (Source: Sina Weibo)

　　3. Survey: Annual salary of 100,000 defeats 90% of Chinese people

　　"Why can you only get an annual salary of 100,000 yuan", "A yearly salary of 100,000 yuan, my girlfriend thinks I have no future and wants to break up"... We are surrounded by all kinds of workplace chicken soup, and it seems that if you have an annual salary of 100,000 yuan, you should be despised. However, statistics show that Chinese netizens have 731 million yuan, only 6.9% have monthly salary of more than 8,000 yuan, and those with annual salary of 100,000 yuan are considered wealthy people in China. (Source: NetEase)

　　Hot comments from netizens: I don’t know if this survey includes the house

　　4. Tencent e-commerce dreams of immortality WeChat store mini program is online

　　WeChat now launches the "Small Shop" mini program, where users can complete purchases, check logistics, and communicate with merchants in the Small Shop mini program. Just like Alipay's immortal social dream, Tencent also has its own persistence in e-commerce. From Paipai.com, to QQ Mall, to investing in JD.com, Tencent is constantly exploring and chasing its e-commerce dream. The explosion of micro-business seems to have given Tencent a "new opportunity". (Source: E-commerce News)

　　Hot comments from netizens: I believe that Taobao’s immortal social dream will also have actions in the future

　　5. Many factories in the first town of bicycles have stopped working

　　It is reported that the "first bicycle town" after the reshuffle of shared bicycles: many factories have stopped working! Wangqingtuo Town, Tianjin, a town with a permanent population of only 40,000, has gathered six or seven hundred bicycle complete bike and parts production enterprises. When a large number of orders came, many companies even adopted the method of working as workers worked in several shifts. Now, under the reshuffle, the carnival has come to an abrupt end, many factories have stopped working, and some workers’ wages have been owed for half a year.

　　Hot comments from netizens: I saw him get up the red building, I saw him have a banquet for guests, I saw his building collapse

　　6. Yunda courier resigns and claims to be rolling shoes and running away Customer Service: Checking the situation

　　Ms. Wang bought a pair of casual shoes on "Double 11". On November 14, she saw through logistics information that the shoes were already being distributed. However, when she contacted Yunda courier on the morning of the 15th, she learned that the courier had resigned and her shoes were taken away. The logistics information then showed that the items had been signed for by herself. At present, Ms. Wang has complained to Yunda Express, and Yunda Express customer service hotline stated that it is under verification. (Source: Sina Comprehensive)

　　Hot comments from netizens: So you can’t recommend such things as having been delivered and signed for by yourself! I remember that the middle-aged takeaway rider was complained about before. Many people said that they were sensational and distressed that the uncle accidentally ordered the wrong order and delivered it to you. It was too inhumane to complain! I want to say that once the rules of the game are broken, the consumers will eventually suffer losses!

　　7. Xiaomi will invest $1 billion in India Why does Xiaomi India have a fever?

　　Since Xiaomi's mobile phone sales ranking rose to the top in the Indian market, Lei Jun said in an interview with Indian Finance Livemint on November 20 that Xiaomi plans to invest US$1 billion in 100 startups in India in the next five years to build an application ecosystem around its smartphone brand. (Source: E-commerce News)

　　8. Tencent's market value exceeded US$510 billion

　　On November 20, Tencent reached a new high in its closing price, closing at HK$420, and its company's market value reached HK$3989.6 billion (approximately US$510.7 billion), setting a record. This has been the three consecutive trading days when Tencent's stock price has risen sharply. Yesterday, Tencent's stock price rose to HK$411.2 at noon, and its market value exceeded the US$500 billion mark for the first time. There was no decline after that, and it finally closed at HK$420. This time, the market value of HK$3989.6 billion also made Tencent the highest market value company in Asia. (Source: Phoenix.com)

　　9. ZTO Express's third-quarter revenue of 3.14 billion yuan increased by 31% year-on-year

　　ZTO Express today released its unaudited financial report for the third quarter of fiscal year 2017 ended September 30. According to the report, ZTO Express's revenue in the third quarter was RMB 3.1431 billion (approximately US$472.4 million), an increase of 33.6% from RMB 2.3531 billion in the same period last year; net profit was RMB 717.2 million (approximately US$107.8 million), an increase of 31.1% from net profit of RMB 547.2 million in the same period last year. (Yibang Power Network)

　　Hot comments from netizens: The power of buying

　　10. When the Victoria's Secret show is broadcast, Victoria's Secret will also start Tmall Super Brand Day

　　On the evening of November 20, Victoria's Secret, the most popular fashion brand in the United States, will kick off its first show in China. Before that, Victoria's Secret has made two debuts at the Tmall Double 11 Gala and the Fashion Ceremony. Its 2017 Victoria's Secret show limited models have also been launched on Tmall first, and this year, Tmall Double 11 has ushered in a hot sale. As the Victoria's Secret show is broadcast on November 29, Victoria's Secret will also start Tmall Super Brand Day. At that time, many show models will be launched on Youku, Tmall and other platforms to promote retail innovation in the show, the store.

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