#Laogao E-commerce Newsletter# [February 9 E-commerce Evening News]

　　#Laogao E-commerce Newsletter# [February 9 E-commerce Evening News] 1. Tmall’s public notice on the changes of rules such as “delayed shipment” and “transaction timeout”; 2. Tmall’s New Year’s goods consumption big data outlines the “family map” of Chinese people; 3. Jack Ma called for not letting the trade protectionist hand reach the field of cross-border e-commerce; 4. Ant Financial plans to raise up to US$5 billion in valuation or exceed US$100 billion; 5. Xinshixiang completed more than 100 million in round B financing to Kunlun Wanwei lead the investment.

　　E-commerce newsletter:

　　1. Tmall public notice on changes to the rules such as "delayed shipment", "transaction timeout"

　　In order to enable consumers to quickly obtain more discounted products, Alibaba plans to launch "Taobao Super Value Selection" products, which involves the adjustments of Tmall's "delayed shipment", "commodity transaction timeout", and "7-day no-reason return and exchange specifications".

　　This adjustment will be announced on February 7, 2018 and will officially take effect on February 14, 2018. (Source: Tmall Rules)

　　2. Tmall New Year’s consumption big data outlines the “family map” of Chinese people

　　On February 8, Alibaba released the "2018 China New Year's Goods Consumption Report". Alibaba's big data shows that behind this is a "family map" of Chinese people's movement, and more and more consumers choose to send their "hearts" back to their hometowns; overseas Chinese purchases "time-honored brands" during the Spring Festival to add atmosphere and express their "homesickness"; New Year's Eve dinner gift boxes and ready-to-eat cooking are popular, and parents' hands are liberated during the New Year, and all housework is handed over to robots; the silver-haired economy is coming, and the number of people over 50 has increased by 53% compared with last year, and traveling during the New Year has also become a fashionable thing; what is the most pleasing thing to give to parents during the New Year? Keep warm and respectful and filial.

　　Whether it is buying new clothes for our family, taking our parents on a trip, or buying nutritional products, what is shown behind this year's Tmall New Year's Festival is that the Internet is bringing us closer to our family and presenting a different "family map" of Chinese people. (Source: Seller Information)

　　3. Jack Ma called not to let trade protectionism reach the field of cross-border e-commerce

　　On February 9, Alibaba Chairman Jack Ma attended the first World Customs Cross-border E-commerce Conference. In his speech, Jack Ma called on not to let the hands of trade protectionism reach the field of cross-border e-commerce.

　　Establishing a global unified tax-free system for cross-border e-commerce, encouraging small and medium-sized enterprises, young people and women to integrate into the wave of globalization and new technologies, and encouraging them to create the future is to encourage our future. (Source: Beijing News)

　　4. Ant Financial plans to raise up to US$5 billion in valuation may exceed US$100 billion

　　On February 9, Reuters reported that Ant Financial plans to raise up to $5 billion by issuing new shares, with a valuation that may exceed $100 billion. If the news is true, Ant Financial will also become the world's highest valuation of the unlisted company.

　　This round of financing will bring Ant Financial one step closer to the initial public offering (IPO) that the outside world expects, which will determine the company's latest valuation. Currently, the company is in the discussion stage with financing consultants.

　　Regarding this news, All-weather Technology asked Ant Financial for confirmation, but the other party declined to comment. Previously, Ant Financial and Alibaba jointly announced that the latter would acquire a stake through a Chinese subsidiary and acquire 33% of Ant Financial's equity. This move is also seen by the outside world as a signal that Ant Financial will launch an IPO. (Source: Wall Street News)

　　Internet Information

　　5. Xinshixiang completed more than 100 million yuan in round B financing and led by Kunlun Wanwei

　　Today, Xinshixiang revealed to NetEase Technology that Xinshixiang has completed its B round of financing in January 2018, with a financing amount of more than 100 million yuan. This round of financing was led by Kunlun Wanwei, followed by investment institutions such as Xianfeng Qiyun and Houde Qianhai, and continued to follow-up investment institutions such as Zhen Fund. Previously, Xinshixiang had received multiple rounds of investment from institutions including Zhen, Tencent, Chinese Culture, Zhengxin Valley and other institutions.

　　Xinshixiang said that the amount of funds raised in this round will be mainly used for the content expansion of Xinshixiang Reading Club and the upgrade of user product experience. Recently, the first high-quality course launched by Xinshixiang Reading Club "Become an irreplaceable person", officially launched the total sales of more than 5 million in 24 hours. (Source: NetEase Technology)

　　6. The wealth of the rich shrank greatly, and Bezos evaporated $5.2 billion overnight

　　The three major U.S. stock indexes plummeted again on Thursday (February 9), with the S&P 500 falling below 2,600 points, and the Dow Jones fell 4.2%, a drop of more than 1,000 points.

　　US stocks have plummeted in recent days, and the wealth of the world's top billionaires has also shrunk significantly. According to Bloomberg statistics, the plunge in US stocks has reduced the net worth of the world's 500 richest people by US$93 billion, of which 20 of them have lost at least US$1 billion.

　　Forbes' real-time rich list also shows that all the wealth of the top seven rich people in the world fell, among which the most heavy losses were: Amazon CEO Bezos, whose wealth shrank by US$5.2 billion, and Amazon's stock price fell by 4.7%; "Stock God" Buffett shrank by US$3.7 billion; Facebook CEO Zuckerberg shrank by US$3.4 billion. (Source: First Financial Daily)

　　7. Apple suspected of banning third parties from using emoji expressions from Apple

　　According to reports on February 9, it was reported that Apple is suspected to be banning third parties from using emoji expressions from Apple in its software.

　　It is understood that Apple has owned their copyright since the launch of the emoji keyboard in 2011. WhatsApp and Slack are both one of the main developers that have recently changed their emoji usage. (Source: Sohu Technology)

　　Cross-border newsletter

　　8. Chinese sellers are paying attention to the update of AliExpress platform rules

　　On February 9, Yibang Power Network learned that yesterday, the export e-commerce platform AliExpress issued a notice on the update of the platform rules (Chinese seller rules), saying that this move is mainly to facilitate sellers to read and understand AliExpress seller rules, better promote industry development, and protect user interests. (Source: Yibang Power Network)

　　9. Ding Lei: The rapid development of cross-border e-commerce is due to the demand for new consumption trends

　　On February 9, at the World Customs Cross-border E-commerce Conference, Ding Lei said: Cross-border e-commerce is a hot topic in China, growing by more than 30% each year, and has made positive contributions to China's development and world trade development. In addition, Ding Lei believes that regarding cross-border e-commerce enterprise model innovation, how to apply innovative cooperation models to help overseas brands truly enter China is a difficult problem. (Source: Yibang Power Network)

　　10. my country's total cross-border e-commerce import and export volume increased by more than 80% year-on-year in 2017

　　Yu Guangzhou, Director of the General Administration of Customs, said on the 9th that cross-border e-commerce, as an emerging business model, is booming in China. In 2017, the total retail import and export volume through the customs cross-border e-commerce management platform reached 90.24 billion yuan, an increase of 80.6% year-on-year. (Source: CPPCC website)

Thank you for your attention and support to Laogao E-commerce Club . Please indicate the source of the reprinting website www.shxuanming.net

 Click to register to apply to join the well-known e-commerce network - Laogao E-commerce Club. Any merchants from all over the country, Tmall merchants, Taobao Crown Store, Jinguan Store, and other e-commerce platform merchants can apply to join!