#Laogao E-commerce News# [E-commerce Evening News Brief on December 29] 1. Jack Ma: Three things will be done after retirement from Alibaba; 2. Hengyang police like Alibaba to assist in breaking 200 million yuan in fake drugs: a classic case of police-enterprise cooperation; 3. Tongcheng Network and Elong announced the merger! 4. Meituan Dianping cooperates with the police to crack a 5 million online fraud case; 5. Mobike launched the first batch of car-sharing business to be trial-operated in Guizhou.

E-commerce newsletter:
1. Jack Ma: Three things to do after retirement from Alibaba
According to December 29, today, Jack Ma said when attending a teacher-student exchange meeting with Yungu that he will do three things after retirement from Alibaba: Jack Ma Charity Foundation, Lakeside Conference and Basic Education. (Source: Sina Technology)
2. Hengyang police like Alibaba's case of assisting in breaking 200 million yuan in fake drugs: a classic case of police-enterprise cooperation
Yesterday, the Hengyang police in Hunan reported that the major production and sales of toxic and harmful foods were cracked under the supervision of the Ministry of Public Security, destroyed five production sources and offline sales dens, and seized more than 20 kilograms of banned additives, more than 26.3 million finished weight loss capsules, and more than 30 million bags of weight loss tea bags. This case involves more than 20 provinces across the country, with the amount involved reaching more than 200 million yuan. Currently, 8 people have been prosecuted. "This case is currently a well-known case, with the most comprehensive and large number of items involved in the case being cracked down on the illegal and illegal crimes of online counterfeiting and selling counterfeit goods in our province." Hengyang police said that this case was jointly investigated by the Environmental Food and Drug Detachment of Hengyang Public Security Bureau and Zhuhui Branch. Alibaba actively pushed clues and assisted the police in handling the case. "It has achieved full-chain, full-network, and all-round strikes, and achieved the in-place of target personnel, funds and goods. It is a classic case of Alibaba assisting the police and police-enterprise cooperation, and has been highly recognized and evaluated by relevant provincial and municipal leaders." (Source: Tianxia Online Business)

Internet newsletter:
1. Tongcheng Network and Elong announced the merger!
On December 29, Tongcheng Network, a subsidiary of Tongcheng Tourism Group, announced its official merger into a new company "Tongcheng Elong". The new company will integrate the advantageous resources of both parties such as transportation and hotels to create a more leading travel service platform. At the same time, Tencent and Ctrip will become the main strategic shareholders of the new company, and many shareholders including Wanda and Ouling Investment actively support the merger. (Source: 36kr)
2. Meituan Dianping cooperates with the police to crack 5 million online fraud cases
On December 29, the new O2O order-brushing fraud case cracked by Meituan Dianping and the police was officially sentenced in Gaoyou City, Jiangsu Province. The 43 defendants who carried out malicious operations through the Internet platform and defrauded huge amounts of money were declared in court to constitute fraud. They were sentenced to fixed-term imprisonment or detention in the first instance and fined. In July 2016, the Security Management and Supervision Department of Meituan Dianping Group found in a daily work investigation that the convenient refund channel opened for users of purchase orders and flash rewards was maliciously exploited by a group of order brushers and colluded with some merchants to commit order brushing fraud. The amount was defrauded as much as 5 million yuan in just over 10 days. (Source: China News Service)
3. Mobike launches the first batch of car-sharing business to be trial operation in Guizhou
On December 29, the launch ceremony of Mobike shared car was held in Gui'an New District, Guizhou Province. This also means that in addition to shared bicycles, private cars and carpooling, Mobike will officially connect to the shared car business. According to Mobike, Mobike's first phase of shared car will be trial-operated in Gui'an New District and Guiyang's main urban area, covering major administrative districts and business districts such as Guanshan Lake District, Yunyan District, Nanming District, Huaxi District, Qingzhen City. The first batch of shared cars launched are new energy electric vehicles. In addition, the Mobike Bike APP will add a new car shared entrance; at that time, users will use Mobike shared cars without switching the APP, realizing functions such as one-click intelligent unlocking, temporary parking lock, lock-off return, and order payment. (Source: i-dark horse)
4. Xiaomi rents Mong Kok shops and underground stores in Hong Kong to open
According to Hong Kong media reports today, Chow Tai Fook's underground shop in Chow Tai Fook's Mong Kok Plaza, Hong Kong was sublease to new tenants for HK$1.5 million, and the rent fell by about 50% compared with the previous one. According to reports, the new tenant is Xiaomi, a mobile phone brand from mainland China. If you rent this store, it will be Xiaomi’s underground offline store in Hong Kong. (Source: Phoenix Technology)

Cross-border newsletter:
1. Bubugao closes global shopping manager back to Alibaba to join new retail
On December 29, Yibang Power Network recently learned that the cross-border imported e-commerce platform Yunhou Global Shopping has announced the closure, saying that it will officially close its business on December 31, 2017. Yunhou Global Shopping is one of the important business segments of BBK e-commerce Yunhou Network. It is a cross-border import platform under BuBK Commercial Chain Co., Ltd. and once one of the most worthy platforms for cross-border e-commerce (import). When Yunhou Global Shopping was launched in 2015, it was not only the only imported e-commerce platform in Hunan at that time, but also an important representative of physical retail entering the Internet.

2. Cross-border communication and intelligent warehousing should build a global warehouse division system
On December 28, recently, the cross-border public issuance of convertible bonds raised 1.15 billion yuan to be used to build a self-built warehousing and e-commerce industrial park in Zhaoqing, Guangdong, which attracted industry attention. The funds raised in this round of recent round will be 750 million yuan to be used to build the second phase of the warehousing and supporting facilities in Zhaoqing, Guangdong, with a planned construction area of 700,000 square meters and a construction period of three years. After completing the construction of the two phases of the warehouse, it will be able to meet the needs of supporting the company's business development in the next 3-5 years. (Source: Yibang Power Network)
Today’s Lao Gao’s view:
Lao Gao's inventory of the best entrepreneurs in 2017:
1. The most controversial entrepreneur of the year: Jia Yueting
2. The most tragic entrepreneur of the year: Kalanick
3. The most passionate entrepreneur of the year: Liu Qiangdong
4. The most alternative entrepreneur of the year: Musk
5. The most influential entrepreneur of the year: Jack Ma
6. The most respected entrepreneur of the year: Liu Chuanzhi
7. The most promising entrepreneur of the year: Zhang Yiming
8. The most popular entrepreneur of the year: Lei Jun
9. The simplest entrepreneur of the year: Ren Zhengfei
10. The most memorable entrepreneur of the year: Wang Xin
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