#Laogao E-commerce Newsletter# [E-commerce Morning News on December 25]

#Laogao E-commerce Newsletter# [E-commerce Morning News on December 25] 1. The handling of the pornographic incident on Double Eleven was fined RMB 600,000; 2. JD Global Shopping Cross-border Experience Store officially settled in Chongqing Fortune Shopping; 3. Listed express through IPO, Debang Express is about to be listed on the A-share market; 4. The newly-appointed credit card was not received but was urged by the bank to repay the loan, which was stolen by 59,000 yuan.

E-commerce newsletter:

1. The handling of the pornographic incident on Double Eleven is subject to a fine of 600,000 yuan

An advertisement on Changsha Juewei Food at the Tmall flagship store on November 1 showed that a woman in a cartoon picture was lying on the bed with shackles and spreading her legs apart. The picture also contains text: Fresh and juicy, do you want it? After the advertisement was released, it was received with negative reviews of "disrespectful women". On November 2, this indecent advertisement was removed. Subsequently, Hunan Changsha Juewei Food Marketing Co., Ltd. (hereinafter referred to as "Changsha Juewei Food") was investigated by the Changsha Municipal Administration for Industry and Commerce for suspected of promoting indecent pictures and publishing advertisements that are disrespectful of women. On December 22, the industrial and commercial department issued an administrative penalty decision to it on the 22nd, ordering it to stop publishing illegal advertisements and fined 600,000 yuan. (Lianshang.com)

2. JD Global Shopping Cross-border Experience Store officially settled in Chongqing Fortune Shopping

JD Global Shopping Cross-border Experience Store has officially settled in Chongqing Fortune Shopping Center! On December 22, the signing ceremony for strategic cooperation between the two parties was held at the Wealth Financial Center FFC. At the same time, the entry ceremony of FFC major customers was officially launched. (Sohu Technology)

3. Express listing through IPO Debang Express will be listed on the A-share market soon

Recently, the China Securities Regulatory Commission issued a new batch of IPO approval documents, among which Debang Express was included. This also marks that this "long-distance running" that lasted for two years and attracted much attention from the industry is about to come to a successful end. (Yibang Power)

Internet newsletter:

1. The newly-appointed credit card was not received but was urged to repay the loan by the bank. It was stolen by 59,000 yuan.

There have been many cases of citizens' credit cards being stolen in Xiamen. The victims have just applied for a new credit card from the bank, but the cards have not been signed for and activated. Some citizens received a bank reminder that they had consumed 59,000 yuan. After investigation, the police saw in a surveillance video that two suspicious men followed the courier and stole the letters with credit cards. During the arrest operation, the police arrested 7 suspects, seized 6 card swiping machines, 15 mobile phones, and more than 20 bank cards. It has been preliminarily found that the gang has committed more than 30 crimes, with the amount involved reaching one million yuan. (Xiamen News)

2. Alibaba transforms China Unicom business hall: realizes online and offline shared inventory

As a project jointly developed by China Unicom and Alibaba, a China Unicom business hall in Shanghai has been upgraded and transformed into a "smart store" with new retail gene implantation. It is expected to be opened to the public within one week (before and after "Double 12", and will use this blueprint to replicate and promote other business halls across the country in the future. A reporter from the First Financial Daily exclusively confirmed the news from the core people who promoted the cooperation between the two sides. (First Financial Daily)

3. The mask products of many cosmetics companies such as Sephora are unqualified

Recently, the "Notice on the Unqualified 23 Batches of Facial Mask Cosmetics" issued by the State Food and Drug Administration showed that 3,727 batches of facial mask cosmetics were randomly inspected, 3,704 batches of samples passed the sampling and inspection items, and 23 batches of samples failed. According to the notice, after on-site verification by the food and drug regulatory department of the production company's location and confirmed by the production company, the masks of more than a dozen cosmetics companies including Guangzhou Ronghuang Cosmetics Co., Ltd., Guangzhou Sephora Cosmetics Co., Ltd., Guangzhou Hanyue Biotechnology Co., Ltd. were unqualified. Among them, the silk essence skin-friendly mask and other related batches produced by Guangzhou Sephora Cosmetics Co., Ltd. are counterfeit products. (Beijing Business Daily)

Cross-border newsletter:

1. Victoria Beckham, the brand of the same name, expanded its loss to 8.4 million pounds

Star designer Victoria Beckham Victoria Beckham's personal brand of the same name, Victoria Beckham Ltd., announced last month that it had introduced external minority investors for the first time at a £100 million valuation, the reason is clearly visible from the data recently disclosed by the UK Company Registration Agency. In the fiscal year ended 2016, Victoria Beckham Ltd.'s sales not only failed to grow, but only barely stood at £36.3 million in 2015, but also saw significant investments in design, production, marketing and sales increase losses by 78% from £4.7 million in 2015 to £8.4 million. (Lin Biying)

2. 55 Overseas Shopping acquires Ebates' Chinese business under Japan Rakuten

On December 25, Wuwu Overseas Shopping (Shanghai) Technology Co., Ltd. (hereinafter referred to as "55 Overseas Shopping") recently acquired Ebates China business (Ebates.cn), a subsidiary of Japan Rakuten, and will complete the integration between the two parties in the near future. (Yibang Power Network)

Today's view:

1. Physical stores are losing money and these retail giants have all gone bankrupt in the past decade

After a few weeks of rumors, Sports Authority, a US sports goods chain, finally filed a bankruptcy filing, becoming one of the well-known retailers to go bankrupt in the past decade. When filed for bankruptcy, Sports Authority had assets of up to $1 billion, ranking seventh among retailers that went bankrupt in a decade, behind retail giants such as Circuit City, Linens & Things and General Atlantic & Pacific Tea (A&P). (Fortune Chinese website)

2. Online counterfeiting sales are rampant, and Peacebird continues to launch anti-counterfeiting actions

As brand awareness continues to rise, more and more counterfeit vendors are starting to target Chinese clothing brand PEACEBIRD. The rampant online sales of fake products affects brand sales performance, while also causing extreme confusion and bad shopping experience to consumers. In fact, the anti-counterfeiting campaign of Peacebird was officially launched as early as December 2015. In order to better inform the public about the progress of brand anti-counterfeiting, Peacebird specially opened a WeChat official account called "Peacebird Public Legal Affairs Department". According to data released by the official account, in 2016, Peacebird punished more than 3,000 unauthorized stores online, more than 1,000 unauthorized stores closed, more than 15,000 goods seized, and more than 5 million yuan involved. (Fashion Headlines)

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