#Laogao E-commerce Newsletter# [February 1 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [February 1 E-commerce Morning News] 1. Yu'ebao will limit purchases today, and Alipay's automatic balance transfer function will be suspended; 2. The Wall Street Journal predicts that Alibaba's quarterly revenue will reach 78.2 billion yuan; 3. Zhang Jindong will retaliate against JD.com: Is Suning paying more taxes every day? 4. The "King of the Brain" mini program issued an apology letter: I am not careful about the review of the topic; 5. Yu Liang will no longer serve as Vanke's president, the board of directors appoints Zhu Jiusheng as president.

　　E-commerce newsletter

　　1. Yu'ebao purchase restrictions starting today, and the Alipay balance automatic transfer function will be suspended.

　　According to Alipay, the "Yu'ebao automatic transfer function suspension announcement", in order to prevent the Yu'ebao money market fund scale from growing too fast and maintaining long-term and stable operation, from February 1, 2018 to March 15, Tianhong Fund Management Co., Ltd. will adjust the Yu'ebao service rules. During this period, the automatic transfer function will be suspended. Users can try to manually transfer at 9 o'clock the next day. (Source: Sina Technology)

　　2. Wall Street Journal predicts Alibaba's quarterly revenue will reach 78.2 billion yuan

　　"Given the continued enthusiasm of Chinese consumers for online shopping, Alibaba's core e-commerce revenue this quarter is likely to continue to maintain a strong growth trend." On January 31, the Wall Street Journal published an article to predict Alibaba's financial performance this quarter. Alibaba's third-quarter financial report for fiscal year 2018 will be released on February 1, and foreign media have recently begun to warm up Alibaba's performance. Many well-known financial media including Wall Street Journal, Barron's Weekly, CNBC, etc. have expressed their optimism about Alibaba's financial report performance this quarter and believe that Alibaba will usher in another strong quarter. The Wall Street Journal's revenue forecast believes that Alibaba's quarterly revenue may reach 78.2 billion yuan, up from 53.3 billion yuan in the same period last year. (Source: E-commerce Online)

　　3. Zhang Jindong retorted JD.com: Is Suning paying too much tax every day?

　　On January 31, a financial self-media said that Zhang Jindong started to criticize JD at the shareholders' meeting today: "Does Suning pay more taxes? The society and the media support JD every day. A company that has never been profitable and only a company that is sought after by capital. Is it normal?" Zhang Jindong also said that selling Alibaba (stocks) is a financial investment, and his wolf nature is to fight JD hard. (Source: All-weather technology)

　　Internet news

　　4. "The King of the Brain" mini program sent an apology letter: I was not careful about the review of the question.

　　The "King of the Brain" mini program issued an open letter of apology, saying that due to the careless review of the questions uploaded by players, some serious wrong questions involving incorrect orientations have occurred. I have an unshirkable responsibility for this serious violation and express my sincere apology to the majority of netizens. Last night, the Mind King Mini Program suspended its service due to violating the "Interim Regulations on the Development and Management of Public Information Services of Instant Communication Tools", and users were unable to access it. The "King of the Brain" mini program expressed that it would like to thank the majority of netizens for pointing out our mistakes in our work in a timely manner. The review process of subsequent questions will be strengthened to strictly prevent such situations from happening again. Please supervise the majority of netizens. (Source: Sina Technology)

　　5. Yu Liang no longer serves as Vanke president. The board of directors appoints Zhu Jiusheng as president.

　　Vanke issued an announcement yesterday that Yu Liang, chairman of the board of directors, no longer serves as president and CEO, and Vanke's board of directors appoints Zhu Jiusheng as the company's president and CEO. This move was proposed by the Board of Directors Yu Liang, Chairman of Vanke, and the Company's Remuneration and Nomination Committee. After more than half a year of deliberation and consultation, after comprehensive evaluation, full inspection and prudent judgment, the Company's Remuneration and Nomination Committee proposed to the Board of Directors Zhu Jiusheng as a candidate for president, which was approved unanimously by the Board of Directors. (Source: 36kr)

　　6. Tencent Credit suddenly went offline, and it was reported that it was urgently stopped by regulators.

　　On January 30, Tencent Credit Score officially opened public beta nationwide. WeChat users only need to search for "Tencent Credit" on WeChat to enter the credit platform. After entering the platform, they need to undergo real-name authentication and bind their mobile phone number, and then they can check their credit scores.

　　But yesterday, Tencent Credit was urgently removed from the market, and rumors said it was stopped by regulators. "The specific reason is not clear yet, but there are suspected compliance issues." According to people familiar with the matter, he received a notice from Tencent that all Tencent Credit Reporting partners including WeSiliDai, Microfinite Le, Zhiyou Installment, and China Merchants Financial have all been offline. Tencent has turned off the Tencent Credit Query function, and the personal query of Tencent Credit Information has also been closed.

　　"You fell down before I took action." Before I started using it, you went offline. (Source: Sohu Technology)

　　7. The first class of Xinshixiang is expected to be pre-sales of more than 5 million yuan in 72 hours

　　The Xinshixiang Reading Club launched its first high-quality course "Becoming an Irreversible Person" on the evening of January 30. The course was sold 24 hours a day and it showed that sales exceeded 60,000 copies, breaking the industry record set by Mimeng's workplace courses. Based on this calculation, the cumulative pre-sale amount of the course will exceed 5 million yuan in 72 hours. The main speaker, Hippo, Liu Huipu, is currently the senior vice president of Jumei Youpin, and the course has been recommended by celebrities such as Xu Xiaoping, Yao Jinbo, and Zhang Shaogang. (Source: 36kr)

　　Cross-border newsletter

　　8. Amazon advertising was accused of insulting China and urgently withdrawn. Chinese people asked him to apologize and explain

　　American shopping website Amazon and website shopping platform eBay recently launched an advertisement using pictures of third-party sellers. The white boy in the picture made a squinting move. This move is usually used to mock Chinese people, and after the advertisement is exposed, it has caused severe criticism from netizens.

　　Due to the storm of bad reviews, Amazon immediately deleted the relevant clothing pages. Its spokesperson also issued a statement saying that it had deleted the controversial product, but did not further explain the reasons for allowing the image to be published and refused to apologize for the incident. eBay also issued a statement on Tuesday (30th): "When the incident attracted the attention of the company, the product was removed immediately and the user was contacted to notify its relevant page that violated the company's 'offensive content' policy."

　　As we all know, a word with a bad nature means "squinting eyes". I hope this will not happen again in the future. (Source: Sina Technology)

　　9. In 2017, NetEase Koala's share of cross-border import e-commerce platform ranked first

　　In 2017, cross-border imported e-commerce platforms were calculated based on the overall transaction volume, and NetEase Koala's market share was 21.4%, Tmall International was 17.7%, and Vipshop International followed closely with 16.1%. In the last week of 2017, the penetration rate of Xiaohongshu was 1.66%, and NetEase Koala was 0.76%. The average daily new users of Xiaohongshu in the past six months was 95,200, while NetEase Koala Ocean Shopping was 49,400. In November 2017, NetEase Kaola's MAU was 16.46 million, and Xiaohongshu's MAU was 15.6 million. In December, Xiaohongshu's MAU was 14.91 million, and NetEase Koala Ocean Shopping was 13.07 million. (Source: Aurora Data)

　　Lao Gao's opinion

　　10. Insights on the annual meeting speech

　　At the annual meeting of the company's announcement on January 30, I proposed "3 no concepts", that is, the company's three major concepts will be upgraded in the future.

　　1. "No service", upgrade from serving members to loving members, and calls on employees to gradually get rid of their awareness of "service" and gradually move from serving to "love". Love is the advanced stage of service, and it is an upgrade from using the brain to being attentive. It is a kind of affection and righteousness, it is a kind of considerate and indifferent relationship, it is a kind of love that is as thoughtful as it is to treat family members. It cannot be "service" for brothers and sisters, but love. We are also in pain in members, and we are also in anxious. We are also in anxious. We are as anxious as our brothers and family members, think about what they think, and think about ways to make them better.

　　2. "No customer", upgrade from a customer to a sibling. The word customer is a very interesting and profitable word, and it is very distant and unfamiliar with a sense of distance, no warmth and no emotion. We recommend that everyone gradually erase this word in their hearts, treat members as brothers rather than as customers, and truly upgrade members from customers to brothers and sisters' families. We prefer to call members x brothers and sisters or nicknames, so our company has no customers, only members, only brothers and sisters' families. We must love them and help them with brotherly friendship.

　　3. "No satisfaction" is to upgrade from satisfying members to surprise members. Satisfaction is more about meeting the known needs of members. Surprise is to create conditions to bring unexpected value to members. From meeting needs to create needs, satisfying members will fail in our company. We must make members surprised by members. All companies say that it is satisfactory to satisfy customers. If we only satisfy customers, it is impossible to become an outstanding and respected company. If we do things, we must do it to the extreme to be worthy of youth. As long as we are always needed by members, as long as we have the ability to provide help to members, as long as we "help e-commerce succeed" around truly loving members and our original aspirations and missions, our company will definitely stand firm and last forever, and each of our friends will have more opportunities to display their talents.

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