#Laogao E-commerce Newsletter# [E-commerce Morning News on December 19]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on December 19] 1. E-commerce companies such as JD.com and Amazon joined the consumer complaint app; 2. Vipshop rose by more than 47% in the morning on Monday; 3. Tmall investment brand library update announcement! Applicable from December 20th! 4. Taobao judicial auctions frequently show that no one has registered for listed banks’ equity; 1. Meizu’s stable profit sales in 2017 exceeded 20 billion.

　　E-commerce newsletter:

　　1. E-commerce companies such as JD.com and Amazon join the Consumer Complaints APP

　　The Beijing Municipal Bureau of Industry and Commerce announced that the "Beijing Consumer Complaints" quick settlement platform APP will be launched. In the future, in addition to calling the "12315" industrial and commercial rights protection hotline to make complaints, consumers can also use mobile APP to protect their rights on their mobile rights. At this point, the Beijing Industrial and Commercial 12315 system based on hotlines has achieved full coverage of rights protection channels. (Source: Beijing Youth Daily)

　　2. Vipshop rose more than 47% in early trading on Monday

　　On December 19th morning news, Sina Technology News, on December 18th, Beijing time, the stock price of Vipshop (NYSE: VIPS) rose sharply in early trading on Monday. As of 22:33 Beijing time, its stock price rose 3.97 US dollars to 12.41 US dollars, an increase of 47.04%. (Source: Sina Technology)

　　3. Tmall investment promotion brand library update announcement! Applicable from December 20th!

　　The Tmall Investment Brand Library will be updated based on consumer needs and the structure of various categories of Tmall market. This update involves air conditioning categories under the categories of home decoration, furniture, home textiles, and home appliances. The updated investment brand library will officially start from December 20, 2017; the adjusted investment brand library will only be applicable to merchants who have newly applied for business from 0:00 on December 20, 2017, and those who have completed registration and submission before 0:00 on December 20, 2017, and the original investment brand library will be applicable. If a merchant needs to add a new brand during his business operation and applies to add a new brand from 0:00 on December 20, 2017, it will be implemented in accordance with the new investment brand library. (Source: Tmall Rules)

　　4. Taobao judicial auctions frequently appear to be listed on the bank's equity and encounter embarrassment

　　In December, Taobao judicial auction appeared in major equity orders for many banks. The 4.5 million shares of Guangfa Bank, 3.5 million shares of equity, and 5 million shares of Qishang Bank were both above 10 million yuan. The multi-order equity auction of listed banks Jiangsu Bank was also included. However, the embarrassing thing is that no one registered the equity auction of these banks. It is particularly noteworthy that the starting price of equity in many banks is lower than the market value. Dong Ximiao, executive director of Hengfeng Bank Research Institute, told the Securities Daily reporter that the bank equity transferred in this type of form is non-circulating, liquidity is restricted, and there are many uncertain factors in the later period. (Source: Securities Daily-Capital Securities Network)

　　Internet newsletter:

　　1. Meizu's stable profit sales exceeded 20 billion in 2017

　　Today, Meizu officially announced a data forecast for this year's performance: the overall shipment volume is close to 20 million units, and sales exceed 20 billion yuan, an increase from last year. According to statistics from the Ministry of Industry and Information Technology, the overall shipment of smartphones fell by 9.7% in the first 11 months of 2017, which means that all mobile phone brands are facing huge growth pressure. However, Meizu still maintained its shipment volume of 20 million units. It is worth mentioning that since this year is Meizu's strategic adjustment year, there are not many new models released by Meizu's two major brands, Meizu and Meizu, and such achievements are particularly commendable. In addition to announcing shipments, sales figures and comprehensive and stable profits, Meizu also stated that it will achieve double-digit growth rate in 2018. (Source: Internet)

　　2. Top 10 Money Making in 2017: Bezos No. 1 Zuckerberg and Ma Huateng are on the list

　　According to the Forbes official website, Beijing time on December 19, 2017, the US stock market hit a record high in 2017, oil prices continued to rise, China's real estate market rose steadily, and the wealth of the world's richest people increased unprecedentedly. Forbes tracks the net worth of more than 2,000 billionaires in 2017. Among them, the total growth of the top 10 billionaires was US$204 billion, while the figure in 2016 was only US$74.7 billion (Forbes' 2017 revenue statistics spanned from January 1 to December 14, 2017). Among the top ten billionaires, Amazon CEO Jeff Bezos ranks first, and two technology giants Zuckerberg and Ma Huateng are on the list. (Source: Phoenix Technology)

　　3. Yu Chengdong: Huawei enters the United States next year to cooperate with operators to sell Mate 10

　　According to Sina Technology, security software company Kaspersky said on Monday that the company had filed a request to the U.S. federal court hoping that the court would overturn the Trump administration's ban on its products being used in government networks, noting that the move deprived the company of its right to go through statutory litigation. The U.S. Department of Homeland Security issued a directive in September that non-military government agencies were ordered to uninstall Kaspersky software from their computer networks within 90 days, as senior government officials grew to worry that Kaspersky software might benefit Russia's espionage, causing U.S. national security to be threatened. (Source: Sina Technology)

　　4. The first case of public interest litigation for shared bicycles in the country: Xiaoming Bicycle will enter the defendant's seat

　　On December 18, the Guangdong Provincial Consumer Commission filed a civil public interest lawsuit against the Guangzhou Intermediate People's Court for a series of issues such as "Xiaoming Bicycle"'s default on consumer deposits and irregular fund account management, with its management party, Guangzhou Yueqi Information Technology Co., Ltd., as the defendant, and submitted a civil public interest lawsuit against the Guangzhou Intermediate People's Court, ordering the defendant to immediately stop delaying the refund of consumer deposits, implement special measures such as special funds, renting and depositing, returning and refunding, and third-party supervision for consumer deposits, and use deposit-free methods to provide services to newly registered consumers. At present, the case is represented by lawyer Chen Beiyuan, a member of the public interest litigation lawyer group of the Provincial Consumer Council, and lawyer Fang Zhenbin, a lawyer from Guangdong Jinlun Law Firm. ? (Source: iDark Horse)

　　Cross-border newsletter:

　　1. Amazon is sued and faces a $11.8 million fine

　　According to France's Le Parisien on Monday, the French government has filed a complaint against Amazon to the Paris Commerce Court, accusing the latter of abuse of its market position to suppress its suppliers. After two years of investigation, the French General Administration for Competition, Consumption and Anti-Fraud (hereinafter referred to as "DGCCRF") now determines that Amazon abuses its market dominance to suppress its suppliers. For this reason, the French Ministry of Economic Affairs recently filed a complaint with Amazon to the court, asking Amazon to pay a fine of 10 million euros (about 11.8 million US dollars). (Source: PingWest)

　　Today's view:

　　1. Hu Haiquan evaluates shared bicycles: Beware of the strongest wind

　　Regarding the photo of "100,000 shared bicycles in Xiamen piled up into mountains" on the Internet two days ago, music producer and angel investor Hu Haiquan recently posted a message on his Moments saying that after the tornado, it was in a mess. That is the relic after the so-called "new business model" trend. Behind the emperor's new clothes, the city is full of huge waste of social resources. Regarding investment, he also said that not all businesses can work with "mobile data and AI". If a market-making businessman can escape unscathed, it only means that more small investors will be hurt. And remind people to be vigilant against the strongest wind. Everyone knows that investors have always been anxious about the merger ofo and Mobike, the leading team of shared bicycles. (Source: Sina Technology)

　　2. Ofo founder talks about merger rumors saying "cooperation is greater than competition"

　　At the NetEase Economist Annual Meeting New Youth Business Leaders Forum, ofo founder Dai Wei talked about his three views when talking about the issue of merging with Mobike, which is ofo's latest response to the merger rumors.

　　Dai Wei’s three views are:

　　First, competition will not disappear. Competition is the driving force for innovation to provide better services. I believe that cooperation in shared bicycles is greater than competition.

　　Second, OFO is already committed to promoting comprehensive deposit-free riding. We will promote deposit-free in more cities in the future so that everyone will not have any troubles due to deposit issues.

　　Third, as entrepreneurs, we are also very grateful to capital because it has helped the rapid development of enterprises. But I also want to say that I think capital must also understand the ideals and determination of entrepreneurs. It is a process of a benign interaction between entrepreneurs and investors, common development, solving problems, and serving the society. (Source: Sina Technology)

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