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

#Laogao E-commerce Newsletter# [E-commerce Evening News on December 25] 1. Revision of the Tmall commodity transaction timeout regulations: payment will be automatically transferred to merchants within the deadline; 2. Alibaba Cloud and BMW have reached cooperation on intelligent Internet vehicles; 3. The Ministry of Commerce stated that it will fully launch the consumption upgrade action plan next year.

　　E-commerce newsletter:

　　1. Revision of Tmall commodity transaction timeout regulations: The payment will be automatically transferred to the merchant within the period

　　Dear Tmall merchants, please note that Tmall has made a new revision to the "Tmall Product Trading Timeout Regulations": If the buyer fails to confirm receipt of the goods within the term or does not apply for a refund, Alipay will automatically send the payment to the merchant. The specific revisions are as follows: With the expansion of Taobao's global business, in order to ensure the effective and smooth progress of overseas transactions, facilitate merchants' business management, and also to ensure the safety of transaction funds for overseas consumers, Tmall will revise the "Tmall Commodity Trading Timeout Regulations". This revision was announced on December 22, 2017 and will officially take effect on January 1, 2018. (Source: Tmall Rules)

　　2. Alibaba Cloud and BMW reach cooperation on intelligent connected cars

　　Recently, Alibaba Cloud and BMW China announced that the two parties will jointly develop "Digital Services for Car Home Scenarios", which will be launched in the first half of 2018, and are planned to be used for all cloud-connected models sold by BMW in China. According to reports, the service will be based on BMW Cloud Internet and Alibaba Cloud Link IoT platforms. At that time, BMW car owners can use artificial intelligence speakers that support Alibaba Cloud Link Voice technology at home to realize voice inquiries such as "real-time range, whether the windows have been closed, current door status" and other functions in remote scenarios. (Source: Tencent Technology)

　　3. The Ministry of Commerce stated that it will launch a comprehensive consumer upgrade action plan next year

　　According to December 25, today, the Ministry of Commerce held a media briefing on the 2017 National Business Work Conference. The meeting summarized the work in 2017 and the past five years, clarified the new requirements and new goals of business work in the new era, and deployed the work in 2018 and the future period. It is worth noting that the meeting also revealed that the "Consumption Upgrade Action Plan" will be fully launched next year. This is the key work measure proposed by the Ministry of Commerce in the next five years in the consumption field. (Source: Yibang Power Network)

　　Internet newsletter:

　　1. WeChat Pay logs into Japanese vending machines

　　December 25th news, according to Sina Finance, Beijing time on the 25th, according to Nikkei Chinese, Japanese beverage company Itoyuan and NEOS, which develop smartphone-related services, jointly developed vending machines for Chinese tourists visiting Japan and can be paid by smartphones. The vending machine can be paid using "WeChat Payment". We strive to set up 100 units in Japan before the summer of 2018. Users can complete the payment by simply reading the QR code on the vending machine display using their smartphone. In addition to WeChat Pay, it also supports payment through LINE's "LINE Pay" subsidiary. This new vending machine has been installed at accommodation facilities near Narita International Airport. (Source: Sina Finance)

　　2. Xiaomi: The number of Internet of Things card issuance exceeds tens of millions of virtual operators

　　According to Kuai Technology, Xiaomi Mobile announced today that its Internet of Things (IoT) card issuance has exceeded 10 million, becoming the first virtual operator in China to reach this milestone. Just at the first Xiaomi IoT Developer Conference last month, Lei Jun disclosed that Xiaomi IoT platform has more than 85 million connected devices, more than 10 million daily active devices, and more than 400 partners, ranking as a world-renowned smart hardware IoT platform. The global Internet of Things has gradually entered a stage of rapid development. It is estimated that by 2020, the global M2M device connection scale will reach 21 billion and cellular connections will reach 5 billion, of which the number of domestic cellular network connections will reach 1.7 billion. Xiaomi began to deploy the Internet of Things three years ago, relying on its own virtual operator platform to provide the most powerful communication services to all Internet of Things developers. Xiaomi Mobile IoT Cards mainly provide services to enterprise-level users, and have four major advantages: cost pricing, independent IoT communication platform and complete openness, supporting three major operators, and large-scale application scenarios. (Source: Kuai Technology)

　　3. OPPO offline store brand upgrade super flagship store opened in Shanghai

　　OPPO announced yesterday that it would upgrade its offline stores, and the super flagship store officially opened in Shanghai. OPPO flagship store is located in Huaihai Road, Shanghai. It has a store area of ​​500 square meters and is divided into experience area and sales area as a whole. In terms of category, in addition to mobile phones, some other brands of headphones, speakers, robots and other categories have been introduced. In terms of payment, mobile checkout can be directly implemented. OPPO Vice President Wu Qiang said that the super flagship store will bring a new product experience space, and the brand display and service experience will also be more three-dimensional. He said that he was reflecting on the OPPO brand last year and hoped to make some changes. Users still have room to improve their awareness of OPPO brand, and the experience store is a direct window for communication with users in brand and service. (Source: Sina Technology)

　　Cross-border newsletter:

　　1. Amazon announces acquisition of Blink, a company that focuses on security cameras and doorbells

　　According to foreign media Techcrunch, Amazon has acquired smart home company Blink. Founded in 2014, Blink has developed products including an interconnected Wi-Fi home security camera and a new video doorbell just launched this week. With wireless home monitoring products, Blink raised more than $1 million in a crowdfunding process, and the company started since then. Amazon has begun to get involved in connected home cameras and even home-entry products. For example, Amazon's Cloud Cam and Amazon Key allow owners to remotely control their homes, making it easier for couriers to deliver packages. Source: Kuai Technology)

　　2. Amazon registered AmazonTube trademark and suspected of fighting YouTube

　　Amazon and Google have had a battle to ban online video and hardware, with YouTube announcing that it will stop providing services to Amazon devices. Perhaps it was angered by Google. According to the latest news from foreign media, Amazon has registered several trademarks ending with "Tube", indicating that it wants to build a video website similar to YouTube. (Source: Tencent Technology)

　　Today’s Lao Gao’s view:

　　Why do companies need to replace the "broken window theory"? If a house has a broken window and no one repairs it, then other windows will be broken inexplicably; if a wall, if some graffiti appears and not cleaned, soon the wall will be covered with messy and incomprehensible things; in a very clean place, people are embarrassed to throw garbage, but once garbage appears on the ground, people will throw it without hesitation and feel ashamed at all.

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