#Laogao E-commerce Newsletter# [November 23 E-commerce Evening News]

　　#Laogao E-commerce News# [November 23 E-commerce Evening News Brief] 1. JD.com sued the rumor-mongering slander and will protect its rights through legal means; 2. The production and sale of "snatching artifacts" were sentenced; 3. A man did not buy excavators online without shipping, and the logistics fee was 13,000 yuan; 4. LeTV's "dead" list: 137 billion yuan of market value evaporated, 21 fund companies stepped on the mine; 5. The 800 million packages on Double 11 were delivered in a week! Tmall and rookie sent a thank you letter.

　　1. JD.com sues rumor-mongers to protect their rights through legal means

　　According to November 23, JD.com recently filed a concentrated prosecution of several public relations companies and individuals suspected of slandering and spreading rumors and infringing on its reputation rights. JD.com said it will never tolerate this and will resolutely safeguard its rights and interests through legal means. It also said that there are still evidence of rumor and slander among dozens of related marketing companies. (Source: Sina News)

　　Hot comments from netizens: The cost of spreading rumors is too low, but the cost of rescue for injured companies is very high!

　　2. The "rush-to-buy artifact" was sentenced

　　On November 23, according to media reports, the first case of criminalization of the production and sale of "flash killing tools" was recently sentenced in Yingze District People's Court of Taiyuan City. Ren and Zhang, the three rushing software producers, were sentenced to three years in prison, suspended for four years, and fined RMB 30,000 each. The seller Chen was sentenced to two years in prison, suspended for three years and fined RMB 10,000. (Source: Webmaster's Home)

　　3. A man does not have free shipping for excavators online, and the logistics fee is 13,000 yuan.

　　A man bought an excavator worth 150,000 yuan online, and the merchant said he was in charge of transportation. But when the man picked up the car, he was told that he would pay a logistics fee of 13,000 yuan. If the logistics fee is not paid, you cannot drive the excavator away. The buyer also said that the merchant promised to ship it to his home, but the fact is that he didn't even deliver it to his home and he still needed to pick it up. (Source: Webmaster's Home)

　　Hot comments from netizens: Taobao is: only you can’t imagine. There is nothing you can't buy

　　4. LeTV's "dead" list: 21 fund companies evaporate market value evaporates 137 billion and step on the mine

　　1) The Shenzhen Stock Exchange requires LeTV to explain whether the pledgee exercises security rights or pledge rights will lead to the hollowing out of the listed company; 2) LeTV has been lowered by many funds, and the lowered share price is less than 4 yuan. This means that LeTV's total market value has evaporated by 137 billion from its peak!

　　5. The Double 11 800 million package will be delivered in a week! Tmall and rookie sent a letter of thanks

　　On November 23, Tmall’s official Weibo and Cainiao’s official Weibo simultaneously released a “Thank you letter to 3 million couriers, partners, merchants and consumers”. The thank you letter mentioned that the 812 million logistics orders that emerged on Tmall Double 11 on 2017 were basically delivered in just one week, and emphasized that this is not only a miracle of world business history and world logistics history, but also a miracle of customer experience. The thank-you letter also disclosed that of the total 850 million logistics orders generated by e-commerce platforms across the country on Double 11, Tmall accounted for as high as 95.5%, but the return rate was only 6.1%, less than 1/3 of that in developed countries. (Source: Tianxia Online Business)

　　6. Starting today, you can pay by WeChat in Hong Kong

　　Today, Tencent and Hong Kong Railways Co., Ltd. officially signed a cooperation agreement, and the two parties cooperated on WeChat Pay and WeChat Pay HK (WeChat Hong Kong Wallet)’s mobile payment business in MTR. This move will provide mainland and Hong Kong users with a mobile payment ticket purchase experience, solving the pain points such as users need to exchange currency and unable to find change when taking the subway. (Source: Tencent Technology)

　　7. Alibaba's shareholding continues to ferment Gao Xin Retail rose 10% in the afternoon

　　On November 23, Gao Xin Retail (06808) rose sharply in the afternoon, with an intraday increase of more than 10%. As of the close, Gao Xin Retail rose by 6.30%, with a quotation of HK$8.60 and a turnover of HK$420 million. Recently, Alibaba, Auchan Retail 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 to directly and indirectly hold 36.16% of Gao Xin Retail's shares. Since then, Gao Xin Retail’s stock price has fallen sharply for two consecutive days, with a cumulative decline of nearly 10%. Some analysts believe that Gao Xin Retail's stock price has been hit continuously, mainly due to the 24% discount on the offer. (Source: Lianshang.com)

　　8. Huawei Zhang Yande: Smart cities must meet these four conditions

　　At the "Huawei Smart City Summit 2017" held recently, Zhang Yande, President of Huawei EBG China Smart City Business Department, and Hong Xiaozhou, Chief Expert of Huawei EBG China Smart City, etc., accepted media interviews and introduced Huawei's strategies and progress in smart city construction. First, the construction of smart cities must be a top-level project, the core is to achieve data integration and business integration, and this can only be done well if the "top leader" participates; second, in the process of building a smart city, a solid executive team is needed, and third, there is solid investment, and fourth, there is a digital-based platform and environment. (Source: Sina Technology)

　　9. 7-11 Convenience Store launches shared bicycles in Japan and is eyeing the traffic

　　According to People's Daily, 7-11 convenience store has previously cooperated with NTT Docomo's "Docomo Bike Share" and has placed about 150 shared bicycles in the parking areas of 32 stores in Tokyo after February this year. After the launch of shared bicycles, the passenger flow of these stores increased by 2% compared with other nearby stores. SoftBank has long been in the travel field, and it has successively invested in Didi in China, Ola in India, Grab in Southeast Asia, and 99Taxis in Brazil. It was previously reported that with the assistance ofo, he raised one billion yuan from SoftBank. (Source: The Paper)

　　10. Far East Department Store Chengdu Tianfu Store will be closed next month and only 6 stores will remain in mainland China.

　　On November 21, a reporter from Chengdu Business Daily learned from Chengdu Far East Department Store Co., Ltd. that the Far East Department Store Tianfu store will be closed from December 23. The company issued a press release saying: "The market has oversupply of commercial volume. In order to further improve efficiency, the shopping mall has been re-planned and the company's operations have been adjusted and transformed. Therefore, the Tianfu Store of Far East Department Store decided to stop operating from December 23, 2017." So far, Far East Department Store only has one store in Chengdu. (Source: Chengdu Business Daily)

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