#Laogao E-commerce News# [E-commerce Evening News on March 28] 1. The video website is now selling fake 300,000 watches for more than 2,000 yuan; 2. Liu Qiangdong talks about the rich donating villas to villagers: the original intention is very good, but the countryside is too complicated; 3. Gome's 2017 financial report GMV has increased by 20%, and the shared retail model has achieved results; 4. Bilibili is listed tonight to raise US$483 million; 5. Li Yanhong said that Chinese users are willing to trade privacy for convenience CCTV angrily retorted: Who said it; 6. Didi executives criticized Meituan: Is it meaningful to exchange high subsidies for a large number of foreign-licensed cars?

E-commerce newsletter
1. Alibaba abandons holding A Station and intends to take over the market
Some media reported that Yunfeng Fund and Alibaba behind it have now given up holding the A-site. Instead, Toutiao intends to take over Station A. Previously, Alibaba and Yunfeng Fund intend to jointly hold Site A to compete with Site B, which Tencent has invested in. However, in January 2018, it failed due to a long-term ties with the original shareholders of Station A on shares and valuation issues. (Source: Sina)
2. The video website has sold more than 2,000 fake watches.
Although various platforms have expressed strict investigations, the phenomenon of fake windows still exists on Kuaishou and Douyin platforms. Some merchants openly marked the price of goods under their accounts, clearly stating that the products sold were counterfeits. Patek Philippe, worth more than 300,000 yuan, sold for 2,250 yuan, and the official website priced at 2,900 yuan, only sold for 220 yuan. There are also merchants who teach the so-called experience of avoiding censorship! (Source: Xinhuanet)
3. Liu Qiangdong talks about the rich donating villas to the villagers: The original intention is very good, but the countryside is too complicated
Recently, a news report "A wealthy man in Zhanjiang donated 200 million yuan to build 258 villas to the villagers, but could not give them out..." attracted the attention of JD CEO Liu Qiangdong. Liu Qiangdong talked about his views on this matter: "The original intention is very good." Then I expressed my sympathy: "But the countryside is very complicated... If you are not careful, it will cause trouble! Obviously, great things will cause countless conflicts and even accusations... I now have direct poverty alleviation responsibilities in two villages, and I am also cautious..." (Source: Webmaster's Home)

Liu Qiangdong talks about the rich donating villas to villagers
4. Gome's 2017 financial report GMV grows by 20%, and the shared retail model achieves results
On March 27, Gome Retail Holdings Co., Ltd. (hereinafter referred to as "Gome", stock code: 00493) announced its 2017 fiscal year performance report. The report shows that in the previous fiscal year ended December 31, 2017, Gome's main business maintained a healthy profitability, with overall GMV increasing by 20.10% year-on-year, of which the GMV of online platforms increased by 118.13% year-on-year; the comprehensive profit margin reached 18.26%; comparable store sales revenue increased by 2.33% year-on-year to 46.879 billion yuan. Gome's shared retail model and "home life" strategic transformation have made a good start. (Source: Chuangyebang)
5. JD Logistics signs a contract with China Logistics to cause trouble in logistics technology
According to March 28, JD Logistics recently announced that it had reached a cooperation with China Logistics Co., Ltd. (hereinafter referred to as China Logistics), and the two parties signed a strategic cooperation agreement. In the future, cooperation will be carried out in warehousing, distribution, resource sharing, logistics technology and other aspects. [Source: Yibang Power Network News]

JD Logistics signs contract with China Logistics
Internet news
6. Bilibili is expected to raise US$483 million on the listing tonight
Chen Rui, Chairman and CEO of B Station: B Station will be listed on the Nasdaq in the United States at 9:30 pm on March 28, Beijing time. The planned IPO price is US$11.50, and the overall fundraising scale is US$483 million. (E-commerce News)
7. Li Yanhong said that Chinese users are willing to trade privacy for convenience CCTV angrily retorted: Who said that
At yesterday's China Development Forum, Baidu Chairman and CEO Robin Li said, "Chinese people are more open to privacy issues and are relatively less sensitive. If they can trade privacy for convenience, security or efficiency. In many cases, they are willing to do so. Of course, we also have to follow some principles. If this data can benefit users and they are willing to use it for us, we will use it. I think this is the basic standard for what we can and cannot do." As soon as this statement was made, it attracted the attention and controversy of many netizens. For convenience, are users really willing to exchange privacy for the sake of privacy? Is it willing or helpless? (Source: CCTV)
8. Didi executives confront Meituan: Is it meaningful to exchange for high subsidies for a large number of foreign-licensed cars?
Regarding Meituan Taxi’s subsidy behavior in Shanghai, Didi Operations Director Sun Shu said today, "We welcome competition, but we hope that new players can bring vitality and sustainable development to the industry, rather than leaving a large number of problems after a short carnival, causing fundamental damage to the industry."
At the same time, Sun Shu said that since the birth of online car-hailing, every competition began with a subsidy war, and ultimately won with safety experience and efficiency. Thank you to Meituan for its strong subsidy for its users and its efforts to expand the market with Didi. But whether users can be retained in the end depends on the core value, depending on whether the product is differentiated. (Source: NetEase Technology)

Didi vs Meituan
9. Alibaba Cloud: The Internet of Things is Alibaba's main track that connects 10 billion devices within 5 years
Hu Xiaoming, senior vice president of Alibaba Group and president of Alibaba Cloud, announced at the 2018 Yunqi Conference and Shenzhen Summit: Alibaba will fully enter the Internet of Things field, and IoT is the new main track of Alibaba Group after e-commerce, finance, logistics and cloud computing.
Hu Xiaoming said on the spot that Alibaba Cloud IoT is positioned as the builder of the Internet of Things infrastructure, and Alibaba Cloud plans to connect 10 billion devices in the next five years. In addition, in order to cope with the new challenges brought by the Internet of Things, Alibaba Cloud will strategically invest in the emerging technology field of "edge computing" in 2018 to create the world's first "ubiquitous cloud". (Source: NetEase Technology)

Alibaba Cloud: The Internet of Things is Alibaba's main track
Cross-border newsletter
10. Cross-border e-commerce export promotes "branding" of manufacturing in China
It is understood that under the dividends of the rapid development of cross-border e-commerce, a number of new overseas e-commerce platforms are emerging rapidly, especially in emerging markets. For Chinese Made, this means new opportunities. Platform merchants and big sellers attending the meeting all said that the market dividends are quite high but the threshold is also increasing, which will force Chinese manufacturing to accelerate the "branding" process. (Source: Guangzhou Daily)
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