#Laogao E-commerce Newsletter# [E-commerce Morning News on January 12] 1. Moutai plans to increase the proportion of e-commerce to 60% of the price, induce scalpers to stock up on unequal prices; 2. Alibaba signed a contract with Chongqing, Jack Ma: to make the digital economy from existence to non-existence; 3. Liu Qiangdong's internal letter revealed that JD Finance achieved a single-quarter profit in 2017; 4. The couriers privately hid nearly 10,000 bottom orders and sold them to gyms for 150 yuan; 5. These 11 "star-rated hotels" in Shanghai were disqualified.
E-commerce newsletter
1. Moutai plans to increase the proportion of e-commerce to 60% of the price is not equal to lure scalpers to stock up on goods
In order to reshape sales channels, Moutai hopes to gradually increase the proportion of online sales from the current 30% to 60%, which is still in the research stage. Before this, First Financial News just exclusively reported that more than 200,000 bottles of Moutai used to stabilize market prices and alleviate supply and demand contradictions were mostly snatched away by scalpers, and speculators hoarded for the rise. In this regard, Dong Baozhen, a well-known Moutai investor in the private equity industry, pointed out on his Weibo that the reason why Moutai’s price is out of control is that there is a problem with Moutai’s channel structure. Moutai should control channels and retail prices, and use e-commerce as the main one to replace the old model of physical stores as the main one. (Source: First Financial Daily (Shanghai))
2. Alibaba signed a contract with Chongqing, Jack Ma: Make the digital economy from existence to none
Yesterday, the Chongqing Municipal Government signed a strategic cooperation agreement with Alibaba and Ant Financial Group to establish an Alibaba regional center in Chongqing. The two sides will cooperate in three major areas: economic development, social governance, and people's livelihood services. Alibaba also announced that it will establish a "Smart Chongqing Center" to output cutting-edge technologies such as cloud computing, the Internet of Things, and artificial intelligence. For example, in the future, the mountain city Chongqing will use artificial intelligence to assist in the design and scheduling of public transportation networks to alleviate urban congestion. (Source: IT Home)
3. Liu Qiangdong's internal letter revealed that JD Finance achieved single-quarter profit in 2017
On the evening of January 11, Liu Qiangdong, Chairman and CEO of JD Group, announced that JD Mall will form three major business groups. At the same time, the letter disclosed that JD Finance, which has independently operated, achieved single-quarter profits in 2017. JD Finance was split from JD Group in 2017 and is currently an independent technology company serving financial institutions. As of the end of 2017, JD Finance has reached cooperation with more than 400 banks, more than 120 insurance companies, more than 110 fund companies, and more than 40 securities, trusts and rating institutions. (Source: it Home)
4. The courier has collected nearly 10,000 bottom orders and sold them to the gym for 150 yuan.
Shanghai Jiading police received reports from the public that they had repeatedly received promotional calls from a gym in the jurisdiction, and the other party could accurately report the owner's name and even the residence address, and suspected that his personal information was leaked. The police immediately went to investigate and found a large number of express delivery orders under the desk of Wei, the salesperson of the gym. According to Wei's account, he bought the nearly 10,000 express delivery orders from a courier Fu from Xuxing, Jiading at a price of 150 yuan, while Wei can find potential customers more "accurately" through the information on the order to promote and improve performance. At present, Fu and Wei have been criminally detained by Jiading police for suspected infringement of citizens' personal information. According to Article 253 of my country's Criminal Law, if suspected of infringing on citizens' personal information and exceeding 5,000 articles, they will be sentenced to fixed-term imprisonment of not less than three years and not more than seven years. (Source: Kan News)
Internet news
5. These 11 "star hotels" in Shanghai have been disqualified
The Municipal Tourism Bureau said that after star rating and review, there were 229 star-rated hotels in Shanghai, including: 72 five-star ratings, 67 four-star ratings, 66 three-star ratings, and 24 two-star ratings. Due to the failure of essential projects, facilities and equipment, operating quality standards or due to restrictions, suspension, transfer, and voluntary cancellation, etc., the National Tourism Star Hotel Evaluation Committee and the Shanghai and District Tourism Hotel Star Evaluation Agency. (Source: Sina Shanghai)
6. Marriott apologized four times to list Hong Kong, Macao, Taiwan and Tibet as a country.
Marriott International Group, one of the world's well-known hotel groups, listed Hong Kong, Macao, Taiwan and Tibet separately as countries in the questionnaire sent to users, arousing public attention. Yesterday afternoon, Marriott International Group publicly apologized for the fourth time on its official Weibo account for the "questionnaire gate" incident, saying that it would respect China's sovereignty and territorial integrity. At present, the Shanghai Huangpu District Market Supervision Bureau has filed an investigation into it.
7. Foxconn's revenue in 2017 was US$158.9 billion, an increase of 8% year-on-year
According to Foxconn's filings with the Taiwan Stock Exchange, the company's revenue in 2017 was NT$4.7 trillion (about US$158.9 billion), an increase of 8% year-on-year. In comparison, Foxconn's revenue in 2016 was NT$4.35 trillion, down 2.8% from 2015. In the fourth quarter of last year, Foxconn's revenue was NT$675.1 billion (approximately US$22.84 billion), a year-on-year increase of 50.2%. (Source: E-commerce News)
8. The battery of iPhone 6 Plus is tight: I want to change it and wait for another three months
According to foreign media reports, in a memo sent to Apple retail stores and authorized service providers, Apple said that the supply of replacement batteries for iPhone 6 Plus is very tight and will not arrive in the United States and other places until the end of March to early April. Some netizens reported that in Apple stores in New York and North Carolina, iPhone 6 Plus needs to wait until the end of March to early April to replace the battery, which is consistent with Apple's statement. Apple also pointed out that the batteries of iPhone 6 and iPhone 6S Plus are also a little tight and need to wait for about 2 weeks. (Source: Sina Technology)
Cross-border newsletter
9. Saudi beauty e-commerce platform Golden Scent completes Series A financing
According to foreign media reports, Saudi beauty e-commerce platform Golden Scent has completed a Series A financing. Investors in the round include Saudi Aramco, Entrepreneur Ventures, Equitrust, Wamda Capital and Raed Ventures. "This financing reflects the growing online beauty retail in the Gulf Cooperation Council region." Golden Scent said. The company said the financing will be used to expand the scale of Golden Scent, expand the platform's new product types and promote its app. (Source: Yibang Power Network)
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