#Laogao E-commerce Newsletter# [E-commerce Morning News on December 6] 1. Jack Ma: I was poor until 2004 and could not adapt to a rich life; 2. New progress in Alibaba's IPO lawsuit: The US court overturned the ruling and will be re-examined; 3. Taobao expert income rankings: More than 100 people earn more than one million yuan per year, and some people earn a net house a day; 4. The brother and sister used PS to print fake newspapers to deceive Taobao merchants for 3 million; 5. Alipay terminated the collection business by the end of the year and upgraded to "money collection code".

1. Jack Ma: I was poor until 2004 and could not adapt to a rich life
In an interview with media reporters at the Wuzhen Internet Conference, Jack Ma revealed that he was poor, and he was only half over a month, and only 3 yuan left in his pocket; he was so poor that he could not eat a chicken for a year or two. "I was poor until 2004, and then I started to have some cash. I was able to adapt to the days when I had no money, but I couldn't adapt to the life of richness. Some people said that they were poor, and I had felt their poverty." He said that the richest man he understood should be a responsible "negative". Alibaba has achieved its current scale, "You have to be responsible." Some people say that Chinese people are rich enough to buy around the world, but there are still so many poor people living in the hot water. (Source: Qianjiang Evening News)
2. New progress in Alibaba's IPO litigation case: US court overturns ruling and will be retried
The Alibaba IPO lawsuit has made new progress, and a U.S. appeals court overturned the lower court's ruling on Tuesday, bringing the lawsuit back into trial proceedings. The U.S. Second Court of Appeals in Manhattan ruled Tuesday that the Manhattan District Court's previous ruling was wrong. In early 2015, Alibaba encountered a class action lawsuit, accusing Alibaba of inadequate information disclosure before listing in the United States, causing huge losses to investors. (Source: Sina Technology)
3. Taobao expert income ranking: More than 100 people earn more than one million yuan per year, and some people earn a net profit of one house a day
32-year-old Viaya tops the list with an annual income of 25 million yuan, and Taobao expert "Strong Mower" follows closely with an annual income of 12 million yuan, and expert "Heika-Z" ranks third with a slight gap of 1 million yuan. Women born in the 1985 and 1990s are the main force in content entrepreneurship on Taobao, with an average age of 28 years old. 2017 has not yet ended, and there are more than 100 Taobao experts with annual income reaching the order of one million. Weiya, who ranked first, attracted 1.5 million people to watch in a live broadcast, and helped a new Taobao store to cut 70 million yuan in sales without any promotional methods. Just the income from this live broadcast can allow Weiya to buy a house in Hangzhou. (Source: 36Kr)

4. The brother and sister used PS to print fake newspapers to cheat Taobao merchants for 3 million
It is reported that after the Wang brother and sister applied for copyright with fake newspapers, they filed a complaint of infringement against Taobao's popular curtains, requiring them to pay a "protection fee". According to preliminary statistics, the forged paper newspapers alone weigh more than 20 kilograms, and the total income from fraudulent money was 3 million yuan. In order to avoid being arrested for fraud, when applying for copyright protection, someone else's ID card was also stolen! (Source: E-commerce Headlines)

5. Alipay terminates the collection business at the end of the year and upgrades to "money collection code"
After upgrading to "money collection code" in May this year, the "Alipay collection" business has been gradually replaced. Recently, Alipay’s official website issued an announcement stating that the “Alipay payment collection” business will be officially terminated at 24:00 on December 31, 2017. (Source: Beijing Business Daily)
6. Cainiao Logistics uses big data to break through the intelligence and digitalization into keywords
Intelligence and digitalization have become the core keywords of the logistics industry. On December 5, at the "Entrepreneur Summit Dialogue" forum of the 4th World Internet Conference, Cainiao Network President Wan Lin said that the trend of the logistics industry in the next ten years is the interconnection of everything, logistics factors will be digitized, and then links will be formed and interconnected. Logistics companies will collaborate and optimize with people through big data intelligence. During this year's "Double 11" period, logistics companies have performed well in dealing with the surge in order volume of "Double 11". (Source: Beijing Business Daily)
7. China Consumers Association interviews 7 shared bicycle companies including Mobike ofo: waive deposits as much as possible
According to the official website of the China Consumers Association, a public interview meeting for shared bicycle companies was held in Beijing today, and relevant companies were interviewed on issues such as deposit and advance deposit, vehicle placement and operation and maintenance that are generally concerned by consumers. It is understood that the China Consumers Association contacted the relatively large shared bicycle companies on the market through various channels. Seven shared bicycle companies including Mobike, ofo, Yong'anxing, Youbai, Haro Bicycle, Baike Travel, and Xiaolan sent relevant responsible persons to attend the talks on the same day. (Source: People's Daily)
8. Weibo will establish a joint fund of 3 billion yuan next year to lay out the content ecosystem
Weibo CEO Wang Gaofei announced at the "2017 V Influence Summit" that Weibo will establish a joint production fund of 3 billion yuan in 2018. From multiple dimensions such as capital, creativity, and commercialization, it deeply supports MCN (Multi-Channel Network) institutions that produce high-quality content in the direction of content e-commerce, high-quality short videos, and pan-entertainment. In terms of user scale, Weibo's third-quarter financial report shows that the number of monthly active users on Weibo has reached 376 million, an increase of 79.29 million new active users compared with the previous year, of which 92% of the mobile terminals account for. (Source: Titanium Media)
9. How much room is there for car scenarios where giants join e-commerce?
The automobile market has caused another wave due to JD's entry. While JD.com has joined hands with brands, dealers and repair companies to form a B2B2C closed loop, it aims to rely on its own big data advantages to intelligently predict and replenish repair shops and build a collaborative supply chain. Behind JD.com's entry is actually a powerful offensive launched by e-commerce companies on the automotive scenario, and e-commerce giants such as Alibaba, Suning and Gome have already entered the market. From vehicle sales to on-board systems to automotive aftermarkets, selling car products is only the "tip of the iceberg" of e-commerce's layout of automobile scenarios. Cloud computing, big data, etc. are the "trump card" for e-commerce companies to enter the market. Building a new car-centric scenario is intended to provide greater imagination space for automobile scenarios. (Source: People's Daily)
10. China Express Logistics Index released for the first time, the correlation between the express industry and the economy continues to increase
The China Federation of Logistics and Procurement today released the China Express Logistics Index for the first time, which mainly reflects the operation of the macro economy and related industries from the perspective of business express activities. In November, China's express logistics index was 112.1%, up 4.6 percentage points from the previous month, reflecting that my country's business activities remained active in November, the equipment manufacturing industry grew rapidly, the service industry was operating as a whole, and business activities in rural areas continued to strengthen. (Source: China Economic Network)
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