#Laogao E-commerce Newsletter# [March 20th E-commerce Morning News] 1. The real name of express delivery will be fully covered. The current real name rate has reached 83%; 2. The Japanese version of Alipay encountered a "reef", and the startup time will be postponed; 3. The Taobao homepage entrance of mobile Taobao has reached 12 delivery cities; 4. Xiaomi’s latest valuation should exceed US$80 billion; 5. The autonomous driving car hit someone and died, and Uber announced the suspension of testing of autonomous driving cars; 6. Xinshixiang responded that it was blocked: the punishment is not appropriate and the content itself is worth paying...

E-commerce newsletter
1. The real name of express delivery will be fully covered by 83%.
Ma Junsheng, Director of the State Post Bureau, said today on the "Minister Channel" of the First Session of the 13th National People's Congress that he attached great importance to the implementation of the real-name system and would achieve full coverage of the real-name system for express delivery this year. In recent years, China's express delivery industry has developed rapidly. According to Ma Junsheng, in 2017 alone, my country's express delivery volume reached 40 billion pieces, which is more than the total of many countries in the United States, Japan and the European Union. Among them, 30 billion of them are from e-commerce. On the one hand, this data reflects the purchasing power of Chinese people, and on the other hand, it also reflects the efficiency of express delivery in my country. (Source: Webmaster's Home)
2. Alipay Japanese version encounters "reef", and the startup time will be postponed
Alibaba Group was originally scheduled to launch a smartphone settlement service for Japanese in Japan in spring 2018, but the launch time will be postponed. The Nihon Keizai Shimbun reported on March 19 that the reason for the delay in launch was that Alibaba had explored providing services through Japanese bank accounts, but had not yet obtained assistance from Japanese banks that were worried about the leakage of personal information. (Source: Sina Technology)
3. There are 12 Taobao delivery cities in Taobao homepage entrance
Yibang Power Network found in Beijing that the Taobao homepage of mobile Taobao has quietly been launched. The delivery cities show that there are 12 access cities, namely Shanghai, Beijing, Hangzhou, Ningbo, Daqing, Fuzhou, Quanzhou, Xiamen, Shenzhen, Guiyang and Chengdu. (Source: Yibang Power Network)
4. Ali Maomao will be renamed "Qinchengli" and plans to open in Xixi Park at the end of April.
Tmall International’s offline store, Hema Fresh’s three-kilometer ideal living area, plus McDonald’s, Grandma’s and Emei Cinema, the “Qinchengli”, which integrates food, clothing, housing, transportation, food, drink and entertainment, will open in Alibaba’s Xixi Park at the end of April. In response, Yan Qiao, assistant CEO of Alibaba Group, said in his circle of friends: "I have seen several articles recently and have given Alibaba a hat, saying that Alibaba has built a business district in Xixi Park that wants to kill all offline businesses. "Yan Qiao said that this community service center built on the east side of Xixi Park is not called Mao Mall, but "Qinchengli". It aims to provide commercial supporting services for Alibaba employees and surrounding communities. It is an employee benefit and will start business at the end of April. (Source: Lianshang.com)

Ali Maomao will change its name to "Qinchengli" plan
Internet news
5. Self-driving car hits people and dies, Uber announces suspension of testing of self-driving cars
According to CNBC, local police in Arizona, USA said on Monday that a woman was knocked down by an Uber self-driving SUV while crossing the street and eventually died. Police have asked Uber to stop its self-driving car project. This is the first death accident caused by self-driving cars. Uber has announced a suspension of self-driving car testing, and its self-driving car testing programs in San Francisco, Pittsburgh, Phoenix and Toronto will all be suspended. (Source: CNBC)
6. Xiaomi's latest valuation should exceed US$80 billion
People close to relevant investment banks revealed that Xiaomi's valuation should be above US$80 billion. People close to Xiaomi revealed that investment banks that have actually entered the market and investors who have participated in the relevant Non-deal Roadshow have a general opinion on the company's valuation of around US$80 billion to US$90 billion. The expected after listing will be upwards of US$100 billion, which can fluctuate up to US$20 billion. (Source: 36kr)
7. LeTV's orders hit the limit for the second consecutive day exceeded 1.3 million
On March 19, LeTV hit the limit for the second consecutive day. As of press time, the company's stock price was 5.34 yuan, with orders blocked more than 1.3 million lots. On the 16th, LeTV announced that recently some media reported that "LeTV may file for bankruptcy and reorganization. However, the authenticity of this news is questionable, and LeTV has not responded to the news. (Source: TechWeb)
8. Xinshixiang responded to being blocked: The content of the punishment is not appropriate and the policy is worth paying
On the afternoon of March 19, in response to the fact that the sharing page of Xinshixiang Reading Club was blocked in violation of the screening on WeChat Moments, Xinshixiang founder Zhang Wei responded that sales logic and content logic are independent of each other, and they only want to sell good products in terms of sales; and Xinshixiang's relative content requirements have always been strict, and content products can withstand the test are the foundation of all sales and communications. Most users who pay in WeChat Moments are due to their recognition of Xinshixiang's content. (Source: Sina Technology)
9. Ant Financial denies that Alipay’s Japanese version is blocked: only providing mobile payments to local Chinese tourists
According to Nikkei Chinese, the Japanese version of Alipay, which Alibaba's subsidiary Ant Financial, plans to launch this spring, has been postponed due to concerns about data security. Subsequently, Alipay responded that Ant Financial Japan had not announced the issue of "providing smartphone settlement services to Japanese people." At present, only inbound consumption settlement services are provided to Chinese tourists visiting Japan. (Source: 36kr)
Cross-border e-commerce
10. Kering, a famous French luxury goods group, was exposed to avoid taxes of 2.5 billion euros, and owns brands such as Gucci and Balencia.
French Economy Minister Bruno Le Maire announced on Sunday (March 18) that the French tax authorities will investigate the famous luxury goods group Kering. Kering Group owns well-known brands such as Saint Laurent, Balenciaga and Gucci. The company allegedly evaded at least €2.5 billion in tax revenue between 2002 and 2017. Le Maire told in an interview with French media: "In terms of treating this case, we will defend the principles of financial justice just like we do in all other cases." (Source: Hugo.com)
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