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

#Laogao E-commerce News# [E-commerce Evening News on December 19] 1. Invoice fraud is "expected" and Taobao upgrades the rules for counterfeiting; 2. Vipshop's controlling rights have variables denying that it has joined forces with Tencent and JD to fight Alibaba; 3. Feifan plans to lay off 70% of its employees? Wanda.com: Business adjustment is not layoffs! 4. The new policy on the milk powder registration system will reduce the number of brands to a few hundred from January 1; 5. Shentong’s express service business revenue in November was 1.515 billion yuan.

　 E-commerce newsletter:

　　1. Invoice fraud is "exposed" and Taobao upgrades the penalty rules for counterfeit goods

　　This morning, Alibaba has taken another heavy blow to combat counterfeiting, and will fully implement the "shock-out" store that uses false vouchers during the complaint of counterfeit goods. In other words, if the seller uses fake invoices and other false vouchers in a counterfeit penalty appeal, he will face serious punishment of being directly closed by the platform.

　　2. Vipshop's controlling rights have variables denying joining forces with Tencent and JD to fight Alibaba

　　Regarding the strategic cooperation between Vipshop and JD.com, is it the intention to join forces to resist Alibaba's Tmall? In this regard, Vipshop denied the above statement. Vipshop cooperated with JD.com. First, the intention was to use the advantages of all parties to complement each other and form a strategic cooperation alliance with in-depth win-win cooperation to better serve Internet users and consumers; second, the two have similar operating models and strong category complementarity, and the two parties can also complement each other in user structure. In the future, they will seek win-win cooperation in brand alliance cooperation, traffic alliance cooperation, etc. (Source: Securities Daily)

　　3. Feifan plans to lay off 70% of its employees? Wanda.com: Business adjustment is not layoffs!

　　According to December 19, there was news this morning that Feifan, a subsidiary of Wanda Network Technology Group (hereinafter referred to as NetTech Group), is undergoing large-scale layoffs due to business problems, and plans to "slack 70% of its employees." A relevant person in charge of Wanda NetTech Group responded that the company decided to optimize the personnel structure around core content. Regarding the data of 70%, the person in charge said that the data cannot be verified. "Technology companies, employees have always maintained high liquidity. I don't know who counted the 70% data. In addition, according to the business adjustment, some sectors are still recruiting new people." The person in charge also emphasized that this adjustment is not just layoffs, and I hope everyone will not misunderstand it. (Source: NetEase Technology)

　　4. The new policy on the registration system for milk powder will reduce the number of brands to several hundred from January 1st.

　　After the new policy on milk powder registration system is officially implemented on January 1 next year, OEM, OEM and fake foreign brands will all be cleared out of the market, and the number of brands will be reduced from 2,000 formulas to a few hundred. The industry reshuffle brought about may be a good time for domestic milk powder to "counterattack". Domestic milk powder should seize the opportunity and compete with "foreign milk powder" (Source: Economic Daily)

　　5. Shentong's express delivery service business revenue in November was 1.515 billion yuan

　　According to reports on December 19, data showed that in November, Shentong Express Service business revenue was 1.515 billion yuan, a year-on-year increase of 29.52%. The business volume was 467 million tickets, an increase of 19.79% year-on-year, and the single ticket revenue of express delivery service was 3.25 yuan, an increase of 8.12% year-on-year. (Source: Yibang Power Network)

　　Internet newsletter:

　　1. Ma Huateng said he handed over half of his life to his partner Alibaba executives in this way

　　According to December 19, during today's e-commerce marketing "Golden Wheat Award" forum, Wang Shuai, chairman of Alibaba's Marketing Public Relations Committee, responded to a series of recent industry trends around or targeting Alibaba. He said: I have heard a colleague say that you give half of your life to your partner, but a big premise is that you don’t want to leave your half life to your partner or not, but the whole life of your partner is given to you and your entrance. It is reported that at the Fortune Global Forum on December 6, Tencent CEO Ma Huateng said on the topic of empowering partners that Tencent handed over half of his life to his partners. He said: Tencent’s strategy is “We are not in our own hands, but only half of our life, and the other half of our life depends on other partners in the ecosystem.” (Source: NetEase News)

　　2. Huawei also issued year-end bonuses in advance for Honor mobile phones. Employees with Level 13 can get a million bonus

　　It was learned that Huawei's consumer business has also issued year-end bonuses in advance, this time it is Honor brand mobile phones. According to internal documents recently issued by Ren Zhengfei, in order to stimulate employees' fighting spirit and increase the sales scale of Honor brand mobile phones, the Honor brand mobile phone single commission bonus plan has been specially approved, which will be implemented in the fourth quarter of this year. (Source: Tencent "First Line")

　　3. Didi officially acquires payment license for 300 million yuan

　　On the evening of December 18, Gaohong Co., Ltd. announced that it agreed to transfer all the equity of Beijing Yijiufu Payment Technology Co., Ltd., the transaction price was determined to be 300 million yuan. Gaoyang Jiexun signed a "Share Transfer Agreement" with Shanghai Shiyuan Technology Co., Ltd., and the only shareholder of Shanghai Shiyuan Technology Co., Ltd. is Didi Chuxing Co., Ltd. Yijiufu was established in 2010 and obtained a third-party payment license (Internet payment business) in June 2012. In July 2013, Gaohong Co., Ltd., a subsidiary of Datang Telecom, invested 190 million yuan. According to the announcement, the net profit ended on September 30 in 2017 was -4.7927 million yuan.

　　4. WeChat Security Center: Continue to crack down on fraud and harassment by recommending stocks, futures, etc.

　　On December 18, the WeChat Security Center issued an announcement stating that some users complained that some users committed fraud and harassment by recommending "non-fixed income investment products" such as stocks and futures. In this regard, the WeChat security team has carried out a special cleanup and will continue to crack down on it. The "non-fixed income investment products" referred to here refer to investment products that include but are not limited to stocks, options, futures, foreign exchange, commodities, electronic currencies and other investment products that have uncertainty in principal or returns. Up to now, the WeChat Security Center has verified and confirmed the user's report data, and has handled the restriction group function of more than 120 WeChat groups, and has imposed step-by-step penalties on more than 1,100 WeChat accounts, such as restricting the use of functions or restricting login.

　　Cross-border newsletter:

　　1. Report predicts Amazon will acquire a small and medium-sized bank to enter the financial field next year

　　Tencent Technology News According to foreign media reports, the US financial community currently generally believes that it will be a matter of time before Amazon enters the financial field. New York independent research firm CFRA predicted in a report Monday that Amazon is expected to enter the financial sector in 2018, earlier than expected. (Source: Tencent Technology)

　　2. India announces raising mobile phone import tax rates Apple is most hurt

　　According to foreign media reports, a statement from the Indian government announced that India has raised import taxes on dozens of electronic products, including mobile phones and TVs. This move aims to curb the supply of products from abroad and enhance domestic industries. India's current smartphone market size reaches US$10 billion, and Apple's revenue growth here is slowing. At this time, the Indian government raised the import tax rate of mobile phones from 10% to 15%, which will increase the import cost of mobile phones, including most iPhone models. (Source: NetEase Technology)

　　Today's view:

　　1. The war between JD.com and Alibaba is already a war between Tencent and Alibaba

　　In the long run, the war between JD.com and Alibaba will be a systematic war. Currently, Tencent is the only one who can fight against Alibaba. Moreover, in Alibaba's layout, it is likely that its competition with JD.com has long regarded it as part of the war with Tencent system.

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