#Laogao E-commerce Newsletter# [E-commerce Morning News on April 3]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on April 3] 1. JD.com stated that it was "invited to talk": accept criticism seriously and make comprehensive and serious rectification; 2. Refuse to purchase on behalf of others! Japanese cosmetics such as Shiseido and Orbin have launched purchase restrictions; 3. Walmart wants to acquire online pharmacy PillPack, with a transaction volume of less than US$1 billion; 4. Xu Xiaoping: Entrepreneurs must have ideals and distances that match the times; 5. Alibaba acquired 90 million shares of Wanda Movie for 4.676 billion yuan; 6. It was bombarded twice by the president within a week, and Amazon's stock price fell by another 4% today...

　　E-commerce newsletter

　　1. JD.com stated that it was "been interviewed": accept criticism seriously and make comprehensive and serious rectification

　　36Kr news, on April 2, the Beijing Cyberspace Affairs Office, the Beijing Public Security Bureau, the Beijing Communications Administration Bureau, the Beijing Industry and Commerce Bureau, and the Beijing Cultural Market Administrative Law Enforcement Corps interviewed the relevant person in charge of the website in accordance with the law for JD.com's online sales of related illegal and irregular goods, publications and other printed materials, and ordered rectification. JD.com responded that it will accept criticism seriously and make comprehensive and serious rectification. (Source: 36kr)

JD.com stated that it was "invited to the talks": accept criticism seriously and make comprehensive and serious rectification

　　2. Refuse to buy on behalf of others! Japanese cosmetics such as Shiseido and Orbin have opened limited purchases

　　According to Japan's Asahi Shimbun, in February 2018, all direct sales stores under Japan's Fancl posted a Chinese-Japanese bilingual notice, announcing that a single person can only buy 10 bottles of Fangke makeup remover within a single week. Fangke previously discovered that Chinese people bought large quantities of makeup remover oil and transported it to China for sale. The problems with the preservation and use of goods arising from the purchasing agent process are ultimately attributed to Fangke itself, which seriously damages Fangke's brand image. Coincidentally, Orbin, a subsidiary of Japan's Gaosi Group, has already implemented purchase restrictions on popular products since the end of 2017. For example, it is stipulated that a single person can only purchase one bottle of Orbin penetration milk per day.

　　At the same time, it also stated in a Chinese, Japanese and English-language statement on the official website, emphasizing that Orbin is not responsible for goods purchased through informal channels. In addition, in February 2018, Shiseido also implemented purchase restrictions in counters such as Ginza. It is also clear that notices are posted in the counter, and customers suspected of purchasing agents will not be able to purchase Shiseido products. According to Shiseido's public relations person, the move is intended to protect the interests of most customers. (Source: Global Network)

　　3. Performance is tight and the environment is declining. Sasha holds the thighs of e-commerce. The mainland market

　　April 3, 2018 news, in the recession of the retail industry, China's cosmetics market growth is still strong. Many Japanese and Korean beauty brands have accelerated their entry into domestic e-commerce platforms, and Hong Kong cosmetics retail brand Sasha has also focused its efforts on the mainland market. (Source: Yibang Power Network)

　　4. Walmart wants to acquire online pharmacy PillPack, with a transaction volume of less than US$1 billion

　　Beijing time on April 3 morning news, according to two sources familiar with the matter, Walmart is seeking to acquire PillPack, an online pharmacy startup, with an investment of less than $1 billion, mainly serving multi-prescription customers, including packaging, management and distribution of drugs. (Source: Sina Technology)

　　5. Meituan responds to Alibaba’s acquisition of Ele.me: There is nothing that cannot be solved by taking out one order.

　　Regarding the news that Alibaba acquired Ele.me, Meituan Takeout responded that the scenery should always be viewed. There is nothing in the world that one takeout cannot be solved. If there is, then two orders will be ordered.

　　Alas, in fact, the employees of Baidu Takeaway are really good. They have three job experiences in a year, first Baidu employees, then Ele.me employees, and finally Alibaba employees, making a lot of money. (Source: NetEase Technology)

　　Internet news

　　6. Xu Xiaoping: Entrepreneurs must have ideals and distances that match the times

　　Entrepreneurs should ask themselves what your lofty ambitions are. As long as it makes sense, do it, do it endlessly - this is the social responsibility I want to emphasize. "Technological progress is always accompanied by debates between angels and devils, good and evil, right and wrong. Entrepreneurs should keep their mission in mind and think about how to use technology to create value for society." At the summit, Xu Xiaoping, the Chinese Maker Mentor and founder of Zhen Fund, said. In his opinion, entrepreneurship and innovation are the first priority, entrepreneurs must have an idealistic spirit, and have ideals and distances that match this society and the times. (Source: Beijing News)

　　7. Alibaba acquired 90 million shares of Wanda Movie for 4.676 billion yuan

　　On the evening of April 2, Wanda Film disclosed an announcement of equity changes. The company's shareholder Wanda Investment transferred 90 million shares to Hangzhou Zhenxi Investment Management Co., Ltd. at a transfer price of 51.96 yuan per share, totaling 4.676 billion yuan. The announcement pointed out that the affiliated parties of Zhenxi Investment (collectively known as "Alibaba Group") have rich resources in the entertainment industry. Alibaba Group makes strategic investments in Wanda Film based on its recognition of the future business development prospects of Wanda Film. (Source: Lianshang.com)

　　8. Baidu and Xiaokang Co., Ltd. reach cooperation to mass-produce autonomous vehicles in 2020

　　On the afternoon of April 2, under the witness of the Chongqing Municipal Government, Baidu and Chongqing Xiaokang Industrial Group Co., Ltd. signed a strategic cooperation framework agreement, and the two parties announced that they had reached in-depth cooperation in the fields of autonomous driving, Internet of Vehicles, cloud services, etc. Chongqing Vice Mayor Li Dianxun, Baidu Vice President, Li Zhenyu, General Manager of the Intelligent Driving Business Group, and Xiaokang Co., Ltd. Chairman Zhang Xinghai and other leaders attended the signing ceremony. (Source: Sina Technology)

　　Cross-border newsletter

　　9. Amazon's stock price fell 4% today by the president twice in a week

　　Amazon's stock price fell nearly 4% again in the morning of today due to two names and criticisms from US President Trump within a week.

　　"There are reports that the U.S. Postal Service lost an average of $1.50 per order for packages delivered by Amazon, totaling up to billions of dollars. This mechanism of the U.S. Postal Service must stop, and Amazon now has to pay the fees and taxes it should pay."

　　Last Thursday, Trump said: "I had expressed concerns about Amazon long before the election. Unlike other companies, Amazon pays only a small amount of taxes to states and local governments, and does not even pay taxes at all. Moreover, Amazon also uses our postal system as its courier, which has caused huge losses to the United States and has led to a large number of retailers going bankrupt."

　　Affected by this, Amazon's stock price fell by nearly 5% on the same day. (Source: Sina Technology)

Amazon's stock price fell 4% today after being bombarded twice in a week

　　10. Indian e-commerce Paytm receives US$400 million investment from SoftBank

　　According to regulatory documents, SoftBank Group is investing $400 million in Indian e-commerce Paytm E-Commerce, which is currently valued at $1.9 billion. According to the document, Alibaba, another existing investor in Paytm E-Commerce, also invested $45 million in the company in this round of financing. (Source: Sina Technology)

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