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#Laogao E-commerce Newsletter# [E-commerce Morning News on December 18]

2017-12-18

  #Laogao E-commerce Newsletter# [E-commerce Morning News on December 18] 1. H&M has finally compromised to settle in Tmall for ten years after entering China; 2. The Beijing Winter Olympics Organizing Committee has opened a franchise store online for the first time, and Tmall's new retail has changed the history of the century-old Olympics; 3. Alibaba CCO Wu Minzhi: Experience is the core competitiveness of new businesses; 4. 9 department stores in Changsha were sued for losses infringement of trademark rights; 5. An old couple in Hangzhou were invited to visit Suzhou for 200 yuan and owed more than 7,000 yuan.

#Laogao E-commerce Newsletter# [E-commerce Morning News on December 18]

  1. H&M has finally compromised to enter Tmall after ten years of entering China

  On December 15, H&M announced its expansion of cooperation with Alibaba and will officially land on Tmall in the spring of 2018. “We are excited to be able to make mainland Chinese consumers more convenient for H&M shopping experience. Tmall is an important addition to our existing physical and online stores. We see huge growth potential in the future, and Tmall will be an important part of this development,” said Karl-Johan Persson, CEO of H&M Group. (Source: Tianxia Online Business)

#Laogao E-commerce Newsletter# [E-commerce Morning News on December 18]

  2. Beijing Winter Olympic Organizing Committee opens a franchise store online for the first time, and Tmall's new retail changes the history of the century-old Olympics

  On December 15, almost synchronized with the announcement of the 2022 emblem release of the Beijing Winter Olympics Organizing Committee to the whole society, the only authorized official franchise product store of the Beijing Winter Olympics was launched on Tmall. This is the first time that Olympic products have opened an official store on a third-party online platform in the history of the century-old Olympics. This store, named "Beijing 2022 Chartered Products Official Online Store", is also a powerful exploration of the Winter Olympics Organizing Committee and Tmall in new retail innovation. The Global Sports Olympics and Commercial Olympics will complete the meeting. (Source: Tianxia Online Business)

#Laogao E-commerce Newsletter# [E-commerce Morning News on December 18]

  3. Alibaba CCO Wu Minzhi: Experience is the core competitiveness of new business

  "The essence of new retail is consumer-centric, data-driven online and offline business reconstruction. In the past, the key to users' choice of platforms was to see whether the platform could bring value to users. In the context of new retail, 'experience' has become the core competitiveness of new businesses." At the New Online Business Summit held today (December 15), Alibaba's Chief Customer Officer (CCO) Wu Minzhi commented on the core value of "experience" in the new business context to the scene. (Source: Tianxia Online Business)

#Laogao E-commerce Newsletter# [E-commerce Morning News on December 18]

  4. 9 department stores in Changsha were sued for losses infringement of trademark rights

  On December 16, the People's Mediation Committee of Hunan Province Intellectual Property Disputes conducted on-site mediation on the dispute over nine department stores suspected of infringing on the trademark rights of an international brand. "This incident gave me a long memory. Intellectual property is not a joke!" At noon on December 16, when I walked out of the second floor conference room of the Hunan Provincial Intellectual Property Bureau, Mr. Zhang, the owner of a department store in Yuelu District, Changsha City, breathed a sigh of relief. Mr. Zhang and eight other department store operators were sued by the brand company for suspected infringement of the trademark rights of an international brand due to the woven bags, tea cups and other items sold in his store. On the same day, under the mediation of the Hunan Provincial People's Mediation Committee on Intellectual Property Disputes, nine operators, including Mr. Zhang, finally reached an agreement with the plaintiff on the issue of compensation. (Source: Red Net Moment)

  Hot comments from netizens: When will the counterfeit brands be managed?

  5. The old couple in Hangzhou were invited to visit Suzhou for 200 yuan and owed more than 7,000 yuan.

  Ms. Chen’s parents in Hangzhou are both in their seventies. Some time ago, the old man was invited to Suzhou for a trip, which cost only 200 yuan. Two days later, the old man came back, holding a lot of things in his hand, saying that he had already owed someone money. Ms. Chen’s parents in Hangzhou are both in their seventies. Some time ago, the old man was invited to Suzhou for a trip, which cost only 200 yuan. Two days later, the old man came back, holding a lot of things in his hand, saying that he had already owed someone money. ” (Source: Sina News)

  Hot comments from netizens: There are pies in the sky and traps on the ground

  6. News says that the short-term merger window of Mobike and ofo has been closed

  According to reports, Li Bin, an angel investor of Tencent, Didi and Mobike and chairman of Mobike, started the merger negotiations between Mobike and ofo in October. The three major shareholders have positive attitudes towards the merger of Mobike and ofo, but they have big differences of opinions on who controls the market. Tencent and Didi have even designed the merger structure and executives have been selected, but they were unexpectedly strongly opposed by other shareholders, and neither Mobike nor ofo's management nor Mobike or ofo's management would accept it. In addition, the ofo side has vigorously resisted the strong entry of its major shareholder Didi, and even "driven out of the company" background. The possibility of the two parties merger in the short term is not high. (Source: 36kr)

  Hot comments from netizens: I hope you won't slap in the face in the future

  7. Kering’s first sale on Tmall is still not available in Chinese physical stores

  (December 16), French luxury goods group Kering, one of the world's well-known luxury goods groups, sold its Stella McCartney on Tmall for the first time and opened an online pop-up store. It is reported that the pop-up store will last for one month. A series of goods that are not sold in physical stores in mainland China, including the falabella black chain tote bag, have been launched. While providing limited-time exclusive and "super" exclusive rights to Tmall luxury consumers, it also differentiates the goods from the original offline stores. (Source: Lianshang.com)

#Laogao E-commerce Newsletter# [E-commerce Morning News on December 18]

  8. Liu Shuqing, the General Manager of R&F, may still be hopeless for resuming trading.

  On December 16, LeTV released an announcement yesterday showing that it would appoint Liu Shuqing as the general manager of LeTV, and the legal representative of the company also became Liu Shuqing. LeTV has been suspended since April 17 this year, and it has been more than half a year. The announcement shows that Liu Shuqing served as the financial manager of Tianjin Sunac Real Estate Co., Ltd. from January 2004 to July 2007; from August 2007 to October 2010, he served as the internal control director of the Financial Management Center of Sunac China Holdings Co., Ltd.; from November 2010 to May 2017, he served as the senior general manager of the Risk Management Center of Sunac China Holdings Co., Ltd. (Source: Yibang Power Network)

  9. In order to expand its e-commerce business, ZARA's parent company plans to sell real estate

  According to Bloomberg, Inditex Group plans to sell 16 stores under its name for 400 million euros (about US$471 million), including 14 at its Spanish headquarters and 2 in Portugal. As planned, the buyer will sign a 20-year after-sales leaseback agreement with Inditex Group (i.e., the buyer must lease the store back to Inditex after buying it) and will have the right to request the store to be cleared after 5 years. (Source: Lianshang.com)

#Laogao E-commerce Newsletter# [E-commerce Morning News on December 18]

  10. Yonghui Supermarket: Tencent has no plan to continue to increase its holdings within 12 months

  On December 17, Yonghui Supermarket disclosed a brief equity change report, saying that Linzhi and Tencent have no plans to continue to increase its holdings in listed companies in the next 12 months. Zhang Xuansong and Zhang Xuanning plan to reduce their holdings of Yonghui Supermarket shares by 0-170 million yuan in the next 12 months. After this agreement transfer, Zhang Xuansong and Zhang Xuanning held a total of 24.21% of the listed company's shares, and are still the company's controlling shareholder and actual controller. There is no situation of losing control of the listed company. Previously, Yonghui Supermarket announced that the actual controllers Zhang Xuansong and Zhang Xuanning planned to transfer 5% of the equity to Linzhi Tencent at 8.81 yuan per share, with a total transfer price of approximately 4.216 billion yuan. (Source: NetEase Finance)

#Laogao E-commerce Newsletter# [E-commerce Morning News on December 18]

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