#Laogao E-commerce Newsletter# [November 24 E-commerce Evening News Brief] 1. WeChat Pay is in the UK for the first time to target Chinese tourists; 2. Liu Qiangdong realizes his dream and becomes the village chief to launch rural e-commerce cooperation; 3. Alibaba’s big data technology helps crack the case of major fake drugs; 4. These imported items are subject to lower tariffs! 5. Ma Huateng revealed: Tencent originated in Shijiazhuang, Hebei, I really couldn’t imagine it!
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1. WeChat Pay is targeting Chinese tourists for the first time
WeChat, a popular messaging app under Chinese tech giant Tencent, launched WeChat Pay in the UK on Wednesday. The company hopes that more stores can use WeChat payment to attract Chinese consumers like Pionia's stores. According to statistics from tourism agency Visit Britain, Chinese consumers spent £513 million in the UK last year. (Source: Lianshang.com)
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2. Liu Qiangdong realizes his dream and becomes the village chief to carry out rural e-commerce cooperation
On November 24, Liu Qiangdong, chairman of the board of directors of JD.com, posted on Weibo that he finally realized his childhood dream today and set a small goal for the development of Pingshitou Village: through industrial means, the average income of families in the village will increase ten times within five years, so that all villagers in the village can get rid of poverty. Previously, JD.com Group signed a cooperation agreement on rural e-commerce and targeted poverty alleviation with Fuping County, Hebei Province. The two parties will cooperate in the field of rural e-commerce to support the development of local edible fungi. (Source: Sina Weibo)
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3. Alibaba’s big data technology assists in cracking major fake drug cases
On November 22, 2017, according to the police report, the Food, Drug and Environmental Crime Investigation Brigade of Donghai County Public Security Bureau recently cracked a major fake drug case with the assistance of Alibaba's big data technology. Nearly 150 people involved and 35 people were arrested one after another, with the amount involved in the case being tens of millions of yuan. (Source: Sina News)
4. These imported items will be subject to tariff reduction!
The tariffs were reduced to 0 include formula infant milk powder and baby diapers and diapers. The tariffs on multiple drugs were uniformly reduced to 2%, and electric shaver and electric toothbrush were reduced from 30% to 10%... Since December 1, the average tariff rate for imported goods such as food, health products, medicines, daily chemicals, clothing, shoes and hats has been reduced from 17.3% to 7.7%. See how much cheaper the baby you care about? (Source: Xiaoxiang Morning News)
Hot comments from netizens: I only care, the Red Yellow Blue incident has not yet been completed
5. Ma Huateng revealed: Tencent originated in Shijiazhuang, Hebei, I really couldn’t imagine it!
On November 23, Ma Huateng said at the 2017 China International Digital Economy Summit that Hebei is the birthplace of Tencent and his first pot of gold came from Shijiazhuang. At that time, he did online paging for Hebei Telecom. Only with this foundation can he have the later QQ and WeChat. (Source: Pear Video)
Hot comments from netizens: The people of Shijiazhuang are about to have an orgasm
6. Store+ has received 30 million investment to help small and medium-sized clothing brands achieve retail upgrades
The smart retail service platform "Shop+" has completed a 30 million yuan Pre-A round of financing, led by Yuanhe Yuandian, followed by Hangzhou Jintou Huiying Fund and Hurun Handing Capital. It is reported that this round of financing funds will be mainly used for technology research and development and market expansion. Previously, the company had received millions of millions of seed round investment from angel investors such as Angel Bay Venture Capital, Li Zhiguo, and Li Jiahu, as well as tens of millions of angel round investment from fashion industry investor Yang Tao. (36Kr)
7. Alibaba exhausts all means to hold the counterfeiter accountable: Appeal even if you win the case, so that the counterfeiters will know the pain
In order to make the counterfeiter pay the due price, Taobao, which won the first instance, chose to appeal. On the afternoon of November 23, the second trial of Taobao’s case against the seller of counterfeit Wuliangye was heard in the First People’s Court of Shanghai. Previously, the first instance court sentenced Xu, who sold fake wine, to compensate Taobao for 15,000 yuan, and both the plaintiff and the defendant appealed. Taobao said that compared with Alibaba's annual anti-counterfeiting investment of more than 1 billion yuan, the compensation amount is insignificant, but for counterfeiters who seriously damage consumer rights and damage the goodwill of the platform, Alibaba will insist on litigating to the end and let them know that it hurts.
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8. Facial recognition technology is being used to track customers’ shopping
On November 24, according to the US financial website CNBC, an IT company revealed that retailers are using facial recognition technology to collect data on store customers’ shopping. "One big problem that brick-and-mortar retailers are now working on is understanding their customers ... tracking who went into their shopping malls and their behavior," said Mark Lunt, general manager of Jardine OneSolution Asia Group.
9. Ma Junsheng, Director of the State Post Bureau, met with Jack Ma, thanked the logistics staff
On November 24, yesterday, when Ma Junsheng, Director of the State Post Bureau, met with Alibaba Group Chairman Jack Ma and Alibaba Group CEO Zhang Yong, expressed his gratitude to the 3 million logistics people in Tmall Double Eleven this year, praising the 812 million Double 11 logistics packages that can be delivered within one week. It is an amazing miracle. (Sina Technology)
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