#Laogao E-commerce Newsletter# [February 26 E-commerce Morning News] 1. Ten years of fresh food e-commerce: the new retail pattern of fresh food first appeared, Alibaba became the overlord, and JD followed closely; 2. Foreign media: China's popular e-commerce trends, developing physical store business; 3. The American version of "Taobao" has been occupied by Chinese merchants? 4. The post-90s have become the main victims of online fraud and are prone to fall into the trap of part-time order brushing; 5. After a year, Gree Electric has raised its salary again, and it is an increase of 1,000 yuan per month per person; 6. Musk has started construction again, hoping to build the world's fastest high-speed rail, surpassing the planes at a speed...

E-commerce newsletter
1. Ten years of fresh food e-commerce: the new retail pattern of fresh food begins to emerge
In a flash, fresh food e-commerce has been going on for ten years. In this development process, a pattern of platform e-commerce with Alibaba as the overlord and JD.com followed closely behind was gradually formed, with several vertical e-commerce as the second echelon and many small and medium-sized e-commerce as the third echelon (Source: Tianxia Online Business)
2. Foreign media: Popular trends in e-commerce in China, developing physical store business
Opening physical stores has become a big boom in China's e-commerce industry. Inman, a women's clothing brand that started with pure online store sales, has now opened 450 physical stores. Alibaba once listed it as a successful case in the Chinese e-commerce industry in its prospectus. (Source: Wall Street Journal)
3. The American version of "Taobao" has been occupied by Chinese merchants
More and more Chinese merchants are using cross-border e-commerce to go abroad. Wish, which is similar to the Taobao model, is becoming the preferred platform for this group, and has even breeded merchants' order brushing behavior. This is common on some traditional e-commerce platforms in China. However, former Wish employees emphasized that order brushing may not be effective, because what they bring is not necessarily the target customers! (Source: E-commerce Headlines)
4. The post-90s generation is the main victim of online fraud and is prone to fall into the trap of part-time job brushing
Those who are deceived by "online fraud" are no longer the "patent" of the elderly. A reporter from the Legal Daily learned from the Anti-Telecom Internet Fraud Center of Urumqi, Xinjiang Uygur Autonomous Region today that the "post-80s" and "post-90s" have gradually become the "main force" of online fraud, and the "post-90s" are most likely to fall into online traps such as online shopping, order brushing, and part-time jobs.
Chen, a citizen of Urumqi, called the police and said that he received a recharge phone bill text message from 10086. He clicked on the link website and the page showed the mobile phone recharge website. He chose to recharge 200 yuan and filled in the name, ID number, bank card number and other information. One minute later, he received the verification code and entered the verification code on the mobile recharge website, but the website showed that the recharge failed. Soon, he received a deduction notice from the bank, showing that his bank card was deducted by 3,899 yuan. (Source: Legal Daily)
Internet news
5. After a year, Gree Electric Appliances has a salary increase, and it is an increase of 1,000 yuan per month per person.
At the beginning of the New Year, Gree Electric Appliances shared the company's development achievements with grassroots employees. On February 25, Gree Electric Appliances announced that it would raise its employees based on performance and position based on the total monthly salary increase of 1,000 yuan. This is another salary increase after Gree Electric Appliances gave all personnel a monthly increase of 1,000 yuan in December 2016. Gree Electric said that in view of the excellent achievements achieved in 2017, the company decided to raise the salary in order to allow everyone to share the development results. At present, Gree Human Resources Department is formulating implementation rules. (Source: The Paper)
6. Musk started construction again, hoping to build the world's fastest high-speed rail, surpassing the aircraft at a speed
Just now, Tesla's sports car was sent to space, and Musk's underground rail transit business has also made new progress. His other project, the super high-speed rail, is about to start construction again. An underground tunnel will be dug between New York and Washington, DC, USA, and a high-speed transportation system will be established. (Source: Tencent News)
7. Sohu's 20-year "Zhang Chaoyang Declaration": I was once fainted by the world, but now I'm awake.
On February 25, at the 20th anniversary celebration of Sohu Company, Sohu Chairman Zhang Chaoyang accepted an interview with Internet media. In the interview, Zhang Chaoyang talked about everything about the company over the past 20 years from the perspective of celebration and recollection. Compared with previous interviews, Zhang Chaoyang talked more about the company and work in yesterday's interview. He said: "I was a typical representative of utilitarianism 10 years ago because I was fainted by the world and now I am awake. We do not lack goals, but we lack value. Only when we do things according to principles can our lives be meaningful!" (Source: Baidu Baijia)
8. "Beijing 8 Minutes" debuted at the closing ceremony of the Pyeongchang Winter Olympics
The Pyeongchang Winter Olympics entered its last game day, and the Pyeongchang Winter Olympics torch, which had burned for 16 days and nights, slowly extinguished. At the closing ceremony, Beijing, the host city of the next Winter Olympics, will take over the Olympic flag from Pyeongchang, representing that the Winter Olympics officially enters Beijing time.
This performance does not have the "human tactics" that many actors appear on the stage, but is integrated with more high technology. Through the display of 24 ice screens on site, the Great Wall, Bird's Nest and National Grand Theater are colorfully presented. It is worth mentioning that artificial intelligence technology was added to the performance. Panda Messenger interacted with Chinese audiences through the Internet. Everyone warmly shouted the slogan "Meet in Beijing". Then the roller skating teenagers lined up the words "Meet in Beijing" written in various countries appeared around the stage. (Source: Global Times)

9. China's AI startups ranked first in the world in terms of financing last year.
According to CB Insights statistics, the financing amount of global AI startups reached US$15.2 billion in 2017, a record high. Among them, Chinese companies account for 48%, exceeding 38% in the United States. China accounted for 11.6% in 2016, growing rapidly in the past year. (Source: Sina Technology)
Cross-border newsletter
10. Whether export e-commerce sellers want to make independent websites, the average customer price of US$20 is a watershed
"Compared with third-party platforms such as Amazon, independent websites have higher traffic costs and lower conversion rates - the product is clicked once, which costs more. Therefore, according to the results of our data, the average customer price of US$20 is considered a critical point. Usually, the average customer price exceeds US$30, and it is completely profitable to use independent website channels to sell. However, many cross-border e-commerce sellers are difficult to make web pages. We recommend that we first build an independent website that displays functions and add store links on the third-party platform to play a role in attracting traffic." (Source: Hugo.com)
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