#Laogao E-commerce Newsletter# [March 6 E-commerce Morning News]

       #Laogao E-commerce Newsletter# [E-commerce Morning News on March 6] 1. Spanning 10,000 kilometers! Direct to China 72 hours! New Zealand fresh milk is fresh in 8 days to enter Tmall Hema; 2. NetEase Ding Lei: Yanxuan will soon have offline stores, and the dividends of consumption upgrades can last for 30-50 years; 3. Alibaba’s unmanned shelves are suspected to be exposed; 4. Amazon and Wall Street negotiate to launch their own brand bank accounts; 5. Ma Huateng: It is not advisable for teenagers to play games and can enter digital contracts; 6. Zhu Xiaohu: Never participated in the "Deep Brain Chain" and never held cryptocurrency...

       E-commerce newsletter

       1. Spanning 10,000 kilometers! Direct to China 72 hours! New Zealand fresh milk is fresh in 8 days to enter Tmall Hema

       New Zealand Colin Ranch is located in the Golden Milk Source Belt and known as the "Michelin Restaurant for Dairy Cows". The milk here is known as a rare variety. Recently, Tmall and Hema booked a ranch here, from milking in the early morning to sterilization, filling, detection, and trans-ocean delivery to China, it only takes 72 hours at the fastest, and it once took more than 8 days to delay the road. For this fresh milk, Alibaba New Retail has strengthened direct procurement of imported goods around the world, allowing more Chinese consumers to enjoy fresh food from overseas with zero time difference. (Source: Economic Daily)

       2. NetEase Ding Lei: Yanxuan will soon have offline stores, and the dividends of consumption upgrades can last for 30-50 years.

       Ding Lei believes that the dividends of China's consumption upgrade can last for 30-50 years. It was also revealed that NetEase Yanxuan will open an offline store in the first half of this year. Regarding NetEase's next development direction, Ding Lei said that he currently focuses on three aspects: games, e-commerce and media. Regarding the "proportion of e-commerce in company profits", he said "had no consideration". (Source: Securities Times)

       3. Alibaba unmanned shelves are suspected to be exposed

       According to reports on March 5, an insider revealed that Alibaba Retail has joined the unmanned shelves battlefield and launched the "Smart Selection" shelves. Judging from the pictures provided by the whistleblower, the "Smart Selection" shelves are composed of room temperature shelves and freezers, covering products including chocolate, biscuits and other snacks, as well as various juices and beverages. Regarding this, the relevant person in charge of Retail Connect was asked, and he said that the hardware in the picture is indeed an unmanned shelf launched by Alibaba Retail Connect, but at present, only a pilot has been set up in the Alibaba Park product experience area and has not been officially promoted to the public. (Source: Yibang Power Network)
 

Alibaba unmanned shelves are suspected to be exposed

       4. Amazon and Wall Street negotiate to launch private brand bank accounts

       Amazon is in talks with financial institutions such as JPMorgan Chase, considering launching a checking account-like product targeting young and unbanked customers with the help of these institutions.

       The report believes that private-brand bank accounts may help Amazon reduce fees for financial institutions and obtain valuable data on customer income and payment habits.

       The financial vertical may be the next piece of puzzle to join the Amazon empire, the commentary said. (Source: Wall Street News)

       Internet news

       5. Awesome! A production line emerges in China

       Robots produce another batch of robots! Mobile robots can realize path planning and avoid obstacles through positioning and navigation; transporting robots can fork up 3.5 tons of cargo; automatic robots can operate by collecting static electricity friction with the ground and no longer need to charge! (Source: CCTV Finance)

       6. Ma Huateng: Youths should not ban it and you can enter into a digital contract.

       Ma Huateng, a member of the National People's Congress and chairman of the board of directors and CEO of Tencent, said today in an answer to a question from a reporter from China Youth Daily and China Youth Online that the phenomenon of teenagers' addiction to games should be prevented, but the method of banning it is not appropriate. More flexible management methods should be considered, such as using technical means to allow parents to enter into a digital contract with their children. (Source: China Youth Daily)

National People's Congress representative and Tencent Chairman and CEO Ma Huateng

       7. Tencent QQ disables web page login, Baidu Netdisk old version APP will not be able to log in using QQ from tomorrow

       36Kr news, Baidu Netdisk issued an announcement on its official Weibo today: From 0:00 on March 6, since Tencent QQ has stopped using the original web page login method, the QQ account login function of the old version of Netdisk mobile client will not be used. Please upgrade the client to the latest version (Android 8.3.1, iOS 8.4.1) and make sure that you have installed your mobile QQ to log in normally. (Source: Baidu Netdisk Weibo)

       8. Zhu Xiaohu: Never participated in the "Deep Brain Chain" and never held cryptocurrency

       Zhu Xiaohu denied the rumors in his circle of friends about investing in "Deep Brain Chain", saying that Jinshajiang and himself have never participated in the "Deep Brain Chain" project, and emphasized that they have never held or traded any ICO cryptocurrency. Zhu Xiaohu also said that Jinshajiang and himself have never encouraged or supported invested companies to participate in ICOs. "In fact, we will strongly oppose the issuance of ICOs by the companies we invested in at the board of directors and shareholders!" (Source: Sina Technology)

       Cross-border newsletter

       9. Amazon, which was defeated in China, bet on the Indian market with US$5.5 billion

       According to Bloomberg on March 6, after the Chinese market defeated Alibaba and JD.com, Amazon CEO Jeff Bezos is determined to win the Indian market. India is a large market with a population of 1.3 billion, and consumers have just discovered the joy of shopping.

       Amazon has pledged to invest $5.5 billion in the Indian market and hired Amit Agarwal to spend the money. Agarwal will significantly change Amazon to make it more suitable for the Indian market. (Source: Yibang Power Network)

       10. Why are Chinese e-commerce enthusiasts about being a member? Check out Amazon's data experience

       According to Forbes magazine, Amazon has released its fourth quarter and full-year financial report for 2017, with net sales reaching US$177.9 billion in 2017, an increase of 31% from US$136 billion in 2016, and net profit increased from US$2.4 billion in 2016 to US$3 billion in 2017. The latest financial results also reflect that growth in operating expenses is squeezing profit margins as the company strives in international markets, technology, content and marketing.

       Amazon Prime is an annual membership program that includes unlimited free delivery of over 100 million items, unlimited instant playback of thousands of movies and TV shows, Alexa voice shopping, and unlimited free reading of thousands of Kindle books and content. Amazon Prime also includes the same-day free shipping for specific products. In addition, Amazon also plans to launch fine-tuning (a common parameter tuning method in deep learning) related services later this year.          

        Revenue from online subscription services, such as Amazon Prime membership, Audible, Prime Video and Prime Music Unlimited, increased by 49% year-on-year, easily surpassing the 20% increase in online store revenue. In January 2018, Amazon raised its monthly fee of $2 to $12.99 for Amazon Prime membership, with an annual fee of $156. In addition, Amazon sets a discounted price of $99 for Amazon Prime members who choose to pay the annual fee. Investment company Cowen & Company estimates that Amazon will add $2 per month to $300 million in revenue each year. (Source: NetEase Technology)

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