#Laogao E-commerce Newsletter# [E-commerce Evening News on April 13]

　　#Lao Gao E-commerce News# [E-commerce Evening News on April 13] 1. The mini program starts commercialization: supports advertising monetization and promotes e-commerce transactions; 2. Chairman of RT-Mart: Alibaba's conditions for investing in RT-Mart is to have a stable management team; 3. Zhu Xiaohu talks about investing in Didi Ele.me: It was not expected to be so big now; 4. Jinqiao E-commerce, the first stock in textile e-commerce, officially landed on the "New Third Board"; 5. People's Daily comments on shutting down "intrinsic jokes": make those who challenge the bottom line lose all their money...

　　E-commerce newsletter

　　1. The mini program is commercialized: supports advertising monetization and promotes e-commerce transactions

　　WeChat mini-programs are accelerating their commercialization.

　　On April 13, Tencent WeChat team revealed at the 2018 China "Internet +" Digital Economy Summit that WeChat mini programs will continue to explore commercialization, including the mini program advertising component under internal testing, which will continue to be opened in the next step. In the future, more mini program developers will transform into "traffic masters" and enjoy advertising revenue.

　　In addition, in 2018, the mini program will provide more capabilities to facilitate transactions, including e-commerce tools, etc., to support e-commerce and retailers, and achieve a closed transaction loop. (Source: Pengpai)

Open commercialization of mini programs: support advertising monetization and promote e-commerce transactions

　　2. Chairman of RT-Mart: The conditions for Alibaba to invest in RT-Mart are that the management team is stable

　　RT-Mart Chairman Huang Mingduan recently talked about Alibaba's investment in RT-Mart and the details of Alibaba's current business cooperation with RT-Mart.

　　Talking about the details of the investment process between the two parties, Huang Mingduan said that Alibaba's investment in RT-Mart prerequisites management team should be stable. "Ali's attitude is that your team must remain stable. If it cannot remain stable, there is no point in my investment. If it remains stable, I will invest."

　　"Many people say that I want to leave. Today I will make it clear to you that I cannot leave the job of RT-Mart. Friends who want to help me find a job really thank you. There is no need. I will not leave RT-Mart. I am responsible for building it from RT-Mart. From the first day of the day, I regard it as my own career. The past is the same as the future." (Source: NetEase Technology)

　　3. Zhu Xiaohu talked about investing in Didi Ele.me: I didn’t expect it to be so big now

　　On April 13, at the Zero World Summit held by 100 New Economy, when asked why he invested in a new giant of 10 billion US dollars in the A round, Zhu Xiaohu, managing director of Jinshajiang Venture Capital Fund, said that when investing in Didi and Ele.me in the A round, he did not expect how big it would grow in the future.

　　Regarding investment in Didi, Zhu Xiaohu said that it was because Cheng Wei chose to focus on the car rental market at that time, and after gaining 90% of the market share, he was developing other markets. Although Uber has grown bigger in the United States, no one in China knew about private cars at that time. It was not worth the loss in the Chinese education market, let alone the time education market. (Source: NetEase Technology)

　　4. Jinqiao E-commerce, the first stock in textile e-commerce, officially landed on the "New Third Board"

　　On April 12, Jinqiao E-commerce issued a listing prompt announcement, saying that the company's stock will be officially listed and traded on the National Stock Transfer System (i.e. "New Third Board") on April 13. The securities are abbreviated as "Jinqiao E-commerce" and the securities code is "872705". Jinqiao E-commerce is an industrial Internet e-commerce company that focuses on the service field of China's textile industry and is a typical vertical segmented e-commerce platform. The company's industry classification is I64 "Internet and Related Services", and its main business is to use Internet technology to engage in e-commerce services for textile raw materials. In 2017, the company was selected as one of the top 100 B2B e-commerce in China for three consecutive years and was selected as one of the top 100 industrial Internet in China. (Source: Peninsula Metropolis Daily)

　　Internet news

　　5. An accident occurred while riding Didi Express, and the injured passenger claimed 270,000 yuan.

　　According to @Beijing Haidian Court on April 13, Mr. Jin said that he had a traffic accident while riding the Didi Express, causing damage to his personal and property. Therefore, he sued Xiaoju Technology Co., Ltd., the operator of the "Didi Chuxing" APP?, express driver Yang and China People's Property Insurance Co., Ltd., to the court, requiring the three defendants to jointly pay their medical expenses, transportation expenses, iPad losses and economic losses totaling 273,908.2 yuan. Recently, the Haidian Court accepted the case. (Source: Beijing Haidian Court)

　　6. TikTok issued a penalty notice: 15,234 accounts will be permanently banned in March

　　In order to advocate a beautiful and positive community atmosphere and create a healthy and valuable platform, the Douyin platform continues to crack down on illegal accounts and content.

　　From March 1 to March 31, 2018, the Douyin platform cleaned up a total of 27,231 videos, 89 audios, 89 challenges, and permanently banned 15,234 accounts. (Source: Douyin Short Video App)

　　7. People's Daily comments on shutting down "intrinsic jokes": Those who challenge the bottom line will lose all their money

　　Recently, the State Administration of Radio and Television ordered "Today's Headlines" to permanently close the "Nian Confucian Jizi" client software and public accounts, and asked them to learn from one example and comprehensively clean up similar audio-visual program products, which attracted widespread attention from the whole society. For a long time, "Toutiao" claims that there are no editors, no editorial staff, no content, no position and values, and the core of operation is an algorithm built from code, and this severe punishment is precisely a response to its so-called "technological neutrality" view. Any Internet company must pursue interests without damaging the core social values, and must not excuse the dissemination of bad information for any reason, and it should take it as its responsibility to guide the society to be good and upright. (Source: People's Daily)

　　Cross-border e-commerce

　　8. 41 ASEAN officials went to China to "learn from" China's e-commerce development experience

　　The 2018 China-ASEAN East Growth Zone E-commerce (New Business Form) training course will be held in Nanning, Guangxi on the 10th. 41 officials from five ASEAN countries, including Vietnam, Laos, Cambodia, the Philippines and Indonesia, will conduct a 14-day training course in China, focusing on learning about China's e-commerce development experience. (Source: Business Micro News)

　　9. JD Global Shopping 2018 Strategy: Want to consolidate cross-border cities in 5 steps

　　April 13th news, today, Yang Ye, general manager of the global shopping business department of JD Mall’s fast-moving consumer goods business group, announced the 2018 JD Global Shopping Strategy. According to the roadmap released by JD.com, the first step is to rely on technologies such as big data and artificial intelligence. JD.com will provide a complete set of introduction, sales and marketing solutions for companies that choose to buy globally. The second step is to wait until these companies understand the users and the Chinese market, and then enter the general import trade sequence of JD.com and enter the JD related category channels through the normal import process. The third step is to sell it at the JD entrance of WeChat. Step 4: Overseas brands can also enter JD offline channels, including JD home appliance stores, JD Home, JD maternal and infant experience stores, unmanned supermarkets, JD convenience stores, 7FRESH and other retail terminals. Step 5: In the future, it will also go deep into third- and fourth-tier markets and even county-level markets. In terms of logistics, JD.com said that domestic first- and second-tier cities can achieve same-day delivery and next-day delivery, and 90% of overseas goods will be delivered within 72 hours. (Source: Yibang Power Network)

　　10. Again targeting Amazon? Trump orders assessment of the financial status of the Postal Service

　　U.S. President Trump issued an executive order on Thursday, which will form a task force to make reform recommendations for the U.S. Postal Service. For weeks, Trump has continued to tweet accused the U.S. Postal Service of providing Amazon with over-promoted package delivery services. Trump said in the executive order that the financial situation of the U.S. Postal Service is difficult to sustain and must be reorganized to avoid bailing it with taxpayers’ money. The executive order does not directly mention the contract between the U.S. Postal Service and Amazon, but does say the task force will investigate pricing in the parcel delivery market. Trump said the U.S. Postal Service needs to compete fairly in the commercial market. (Source: Wall Street Journal Chinese website)

 Click to register to apply to join the well-known e-commerce network - Laogao E-commerce Club. Any merchants from all over the country, Tmall merchants, Taobao Crown Store, Jinguan Store, and other e-commerce platform merchants can apply to join!