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#Laogao E-commerce Newsletter# [E-commerce Evening News on March 8]_Presentative Network

2018-03-08

   #Laogao E-commerce Newsletter# [E-commerce Evening News on March 8] 1. Under pressure from Suning, JD.com’s official emergency adjustment of service commitments; 2. Tencent spent 10 billion! Joining HaiLan Home to open a grocery store - HaiLan Youxuan; 3. Shanghai traffic police interviewed Ele.me Meituan: No matter how fast the development is, you cannot be willful; 4. NetEase Koala triggered a "fake crisis" and openly challenged the China Consumers Association; 5. Bill Gates: "Almost certainly" we will experience another financial crisis; 6. 172 female chairmans hold 2.1 trillion A-share market value of only 24 years old...

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   E-commerce newsletter:

   1. Under pressure from Suning, JD.com's official emergency adjustment of service commitments

   In response to the upcoming 315, the e-commerce war is about to break out. Suning focuses on 30-day refunds, 365-day replacements, and JD.com has 180-day replacements. But yesterday, JD.com urgently adjusted its service commitment and changed the air conditioner category to "only replace and not repair in 365 days". Industry insiders said that this situation is likely to be "JD.com's emergency counterattack against Suning 30365 services", but in terms of return and exchange cycle and coverage categories, it is still lower than Suning. Dong may have more important response measures for Suning's 46 services in the next. Suning launched this time only replaces and does not repair it for 365 days, which obviously invested a lot of resources to deeply focus on services. It is difficult to predict how JD.com and Suning will play next, but for consumers, the more lively the game, the higher the service standards, the better. (Source: Headlines)

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JD.com official emergency adjustment of service commitment

   2. Tencent spent 10 billion! Joining HaiLan Home to open a grocery store - HaiLan Youxuan

   In addition to cooperating with Meituan, it even had takeaway for buying clothes. It also joined forces with Tencent and MUJI to open a chain of grocery stores - HaiLan Youxuan. In the past, HaiLan Home opened a children's clothing store and threatened to be a "family wardrobe". Now that HaiLan Youxuan is released, HaiLan Home's ambition can "not only be your wardrobe." (Source: Japanese Design Station)

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HaiLan Preferred

   3. Shanghai traffic police interviewed Ele.me Meituan: No matter how fast the development is, you can't be willful.

   3 points for "reverse movement", 3 points for "illegal stop", 6 points for "running a red light"... Shanghai requires full-time delivery personnel to carry scorecards with them. After scores of 12, the rider will leave his post for one day; if he gets 24 points, the rider will leave his post for three days; if he gets 36 points, the rider will be directly removed by the takeaway company and will be included in the negative list of the takeaway company! (Source: Weibo E-commerce)

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Takeaway penalty score

   Internet Information

   4. New Shenzhen traffic police regulations: Three traffic violations have been investigated, and the delivery guy will be fired!

   Shenzhen traffic police have strengthened the third-level management regulations for food delivery personnel. The delivery guy was investigated and punished by the traffic police for the third traffic violation and will be fired. If a delivery guy delivers food, and one person is involved in a traffic accident, all employees of the outlet must stop work and only after retraining can the delivery work continue! (Source: Tencent Technology)

  5. Kalanick creates new venture capital, focusing on innovation in China and India

   March 8 news, according to TechCrunch, Travis Kalanick, co-founder and former CEO of ride-hailing service giant Uber, has created a new investment fund - the 10100 Fund, focusing on investing in innovation in China and India.

   Kalanick issued a statement on Twitter saying that the new fund will focus on "mass job creation." Investment areas include real estate, e-commerce, emerging innovations in China and India. Kalanick will likely invest in startups with 10 to 100 employees, which are in a magical growth stage. (Source: NetEase Technology)

   6. Bill Gates: "Almost certainly" we will experience another financial crisis

   The Great Recession caused by the 2008 financial crisis still remembers many Americans. A survey shows that ten years later, even if the US economy returns to normal, one-third of Americans still believe that they have not returned to their pre-financial crisis. The 2008 crisis caused 8.8 million people to lose their jobs, the net worth of households across the United States fell by $19 trillion, and the number of homeless families increased significantly. In the view of Microsoft founder Bill Gates, another financial crisis has become "not far away".

   Last week, Gates participated in the Reddit website "Ask Me Anything" session. When asked whether he thought the United States would encounter another crisis in the near future, his answer was straightforward, "Yes, it's hard to say when, but it's almost certainly. But luckily, we've experienced it in full. Warren (Buffett) has talked a lot, and he knows much more about this than me." (Source: First Financial Daily)

   7. Former Baidu Vice President Li Mingyuan served as co-founder of Puppy Robot

   Since resigning from Baidu in November 2016, the former "Baidu Prince" Li Mingyuan rarely appears. According to the latest news, Li Mingyuan is currently the co-founder of Puppy Robot.

   On March 7, according to data, Li Mingyuan participated in the "2018 Chaos Entrepreneurship Camp". The relevant introduction said: Li Mingyuan, co-founder of puppy robots, one of the best product people in China, and the youngest vice president in Baidu's history, devoted himself to the wave of artificial intelligence and looked for the next peak. (Source: DoNews)

   8. 172 female chairmans hold 2.1 trillion A-share market value of only 24 years old

   Statistics show that as of March 7, there were 174 listed companies in A-shares with female chairmanships, accounting for 4.98% of the total number of chairmanships of all listed companies. The 66 female chairman's shareholding market value exceeds 100 million yuan, among which He Qiaonu, chairman of Oriental Garden, took the lead. The youngest one is Lu Xiangling, chairman of *ST Cloud Network, who was born in 1994. (Source: Phoenix Finance)

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Ranking of the market value of A-share female chairman

   9. Live broadcast platform Yingke is preparing to go to Hong Kong to raise US$300 million in IPO

   Beijing time on the afternoon of March 8, Beijing time, according to Reuters' IFR, a subsidiary of Reuters, China's live video broadcast platform Yingke plans a US$300 million IPO in Hong Kong. It was also reported that a Chinese listed marketing agency canceled its plan to buy Inke shares on a large scale last year. (Source: Sina Technology)

  Cross-border e-commerce

   10. NetEase Koala triggers the "fake crisis" and openly challenged the China Consumers Association

   On the eve of the Spring Festival, NetEase Kaola Ocean Shopping was named by the China Consumers Association and was found to be suspected of selling counterfeit goods. Some of the counterfeit goods were also from the e-commerce self-operated store. Up to now, there is still no consensus on why NetEase Koala has not been able to reach an agreement after communicating with the China Consumers Association. The voices of criticizing NetEase Koala for selling fakes are also increasing, and there are also complaints about NetEase Koala selling fakes on online complaint platforms. (Source: Sina Finance)

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NetEase Koala sells fake products


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