#Laogao E-commerce Newsletter# [E-commerce Morning News on December 5] 1. Liu Qiangdong: There are still tens of millions of poor people in China, which is a shame for the rich; 2. Alibaba CEO Zhang Yong: The digital economy is a real real economy; 3. NetEase Ding Lei: I hope that the policies will further relax cross-border e-commerce; 4. New functions of WeChat payment merchant platform: view business data on mobile phones; 5. Uniqlo suppliers admit that material fraud is made.
![#Laogao E-commerce Newsletter# [E-commerce Morning News on December 5] #Laogao E-commerce Newsletter# [E-commerce Morning News on December 5]](/upload/img/20171205/15124360112083.png)
1. Liu Qiangdong: There are still tens of millions of poor people in China, which is a shame for the rich.
On December 4, at the sub-forum of the 4th World Internet Conference "Share dividends: Internet targeted poverty alleviation" sub-forum, Liu Qiangdong, Chairman and CEO of JD.com, said in his speech: There are still tens of millions of people living in extreme poverty in China, which is a shame for the entire Chinese, especially the "wealthy people who have become rich in China." Liu Qiangdong called on everyone to take action. The whole country has only 128,000 poor people in China, and China's billionaires and millionaires have exceeded one million. "We can stand up and use our own resources to help this village, so that China's poverty alleviation battle will definitely be achieved in 2020. Not only to get rid of poverty, but also to make all rural farmers richer."
![#Laogao E-commerce Newsletter# [E-commerce Morning News on December 5] #Laogao E-commerce Newsletter# [E-commerce Morning News on December 5]](/upload/img/20171205/15124361426640.jpg)
Hot comments from netizens: Well said, I recommend Brother Dong to be a NPC representative.
2. Alibaba CEO Zhang Yong: The digital economy is a real real economy
"The digital economy is a real real economy, and it is the chemical reaction of the thinking, technology and the real economy of the Internet." On December 4, at the Global Digital Economy Summit held at the World Internet Conference in Wuzhen, Alibaba Group CEO Zhang Yong delivered a speech. The forum is themed "Deepening cooperation and enhancing reciprocity", and Zhang Yong also elaborated on Alibaba's three core views on the digital economy based on this. In Zhang Yong's view, Alibaba's 18 years have been closely integrated with China's digital economy development. From information platforms to trading platforms, to exploration and persistence in cloud computing, all Alibaba's efforts are building a solid foundation for the entire digital economy era. (Source: E-commerce Online)
![#Laogao E-commerce Newsletter# [E-commerce Morning News on December 5] #Laogao E-commerce Newsletter# [E-commerce Morning News on December 5]](/upload/img/20171205/15124361555846.jpg)
Hot comments from netizens: How can this be called the real economy?
3. NetEase Ding Lei: I hope the policy will be further relaxed to cross-border e-commerce
According to NetEase Technology, the agenda of the World Internet Conference continued on the second day. At the "Digital Silk Road" International Cooperation Forum on that day, Ding Lei, Chairman of the Board and CEO of NetEase, said in his speech that China's cross-border e-commerce has made tremendous progress in the past four years. In the future, we hope that the policy will provide more support in terms of consumption limits and customs clearance convenience. (Source: NetEase Technology)
![#Laogao E-commerce Newsletter# [E-commerce Morning News on December 5] #Laogao E-commerce Newsletter# [E-commerce Morning News on December 5]](/upload/img/20171205/15124361652973.jpg)
Hot comments from netizens: Support Ding Sanshi.
4. New function of WeChat Pay Merchant Platform: View business data on your mobile phone
Recently, in order to help merchants improve management efficiency, the WeChat Pay Merchant Platform has updated a large number of functions.
The update content is as follows:
-You can sign a contract by applying for mobile phone
-You can view "operation data" on your mobile phone
- Daily transaction settlement notice
-Reminder function of handling fee account balance
After the update, the mobile management of merchants is realized, free from the management constraints of traditional PCs, and merchants can complete various management settings on the mobile phone. At the same time, the functions of scanning code recharge, inquiry of handling fee invoices, automatic withdrawal of bank message settings have been updated, and the certificate image recognition function has been optimized. (Source: TechWeb)

Hot comments from netizens: It’s so convenient, WeChat has taken another small step towards e-commerce.
5. Uniqlo supplier admits that material fraud is committed
Recently, it was learned that Uniqlo, one of the four fast fashions, is in trouble again! Uniqlo supplier Toray Toray announced to the outside world on Tuesday that a subsidiary of its materials-producing subsidiaries has made 149 quality data for a period of eight years. When it comes to "Made in Japan", it will be associated with rigorous and rigid, especially transforming the American elitist quality management into popular quality management, making the products delicate and refined. However, this is the second data fraud accident in Japan's manufacturing industry last month (Mitsubishi Comprehensive Materials was accused of data tampering). (Source: China Clothing Network)

6. Unmanned convenience store Magic House completed a Pre-A round of financing of tens of millions of yuan
Unmanned Convenience Station "Science House" recently announced that it has received a Pre-A round of financing of 10 million yuan in November this year. The investors are Green Skin Group, Blue Shannon Capital, Youchuang Investment and individual investor Hu Haitao. This round of funds will be mainly used to expand the number of stores, improve the supply chain and establish a food research and development center. Roger Cheng, founder and CEO of Magic House, said that he was able to quickly obtain another round of financing because Magic House did not completely go into the unmanned mode. Because labor costs in the convenience store industry only account for 10% to 20% of the total cost, reducing labor costs cannot achieve large-scale profitability; and expanding the product line and improving user experience are the key. (Source: Investment World)
7. Anhui Province express delivery outlets cover townships within the year
The end of the year, the busier the express logistics will be. Recently, Anhui Province issued an implementation opinion on further promoting logistics cost reduction and efficiency improvement to promote the development of the real economy, and clearly stated that ordinary road freight vehicles are allowed to handle annual inspections and annual reviews in other places within the year, update and eliminate 60% of unqualified transport vehicles, and achieve full coverage of township express outlets, and reduce logistics costs in various aspects. In addition, our province will also achieve full coverage of township express delivery outlets in the province within 2017. Postal enterprises and express delivery enterprises are encouraged to participate in the construction of local government village post stations and jointly build a village-level public service platform. (Source: Zhongan Online)
8. Has your account reads decreased? Weibo says you want to post more vertical content
In response to the question of "the overall reading volume continues to decline", Weibo first emphasized that the overall number of blog posts by top V users increased by 29%, and at the beginning of the response, it also mentioned that the number of readings by top Vs increased by 39% year-on-year. However, Weibo pointed out that there are still some top V users who have posted blogs without increasing, and Weibo has promoted a vertical strategy and supported new bloggers in various industries, which may compete for the traffic of homogeneous content accounts. Various reasons have caused the reading volume to decline. (Source: 36kr)
9. China Unicom 5G technology is expected to be officially commercialized in 2020
According to People's Daily, at the World Internet Conference, Lu Yimin, general manager of China United Network Communications Co., Ltd., said that China Unicom's 5G is also very fast. It will be tested in some cities next year, and will be trial-for-sale commercially in 2019, and is expected to be officially commercially in 2020. (Source: Sina Technology)
10. Can you make sure to make a profit without losing money by catching babies online? But capital doesn't seem to favor it very much!
Unlike offline, online claw machines mainly solve two pain points: the problem of lazy cancer and dead homes not wanting to go out, and the problem of old-fashioned doll styles in shopping malls in third- and fourth-tier cities, but capital does not seem to favor them. The user stickiness is weak, the gaming experience is poor, the imagination space is limited, and the lag delay will affect the experience. At this stage, it can only be used as a traffic entrance! (Source: E-commerce Headlines)
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