#Laogao E-commerce Newsletter# [May 14 E-commerce Morning News Brief] 1. Liu Qiangdong: JD.com will reduce its staff by 80,000 in the future, work 2 to 3 hours a day, making full use of AI; 2. Walmart may apply blockchain technology to logistics to solve the "identity verification" problem of delivery; 3. Suning.com launched an employee stock ownership plan, and Zhang Jindong did not appear on the list; 4. A big reversal! Trump tweeted suddenly, and the ZTE incident may usher in a major turning point; 5. A survey of women in the workplace: children have less salary than men do more housework; 6. The domestic box office of "Avengers 3" exceeded 1 billion...

E-commerce newsletter
1. Liu Qiangdong: JD.com will reduce its staff by 80,000 in the future , work 2 to 3 hours a day, making full use of AI
JD founder Liu Qiangdong expressed three core views in an interview with the media at the World Retailers Conference: In the future, JD will be 100% unmanned, and JD will be an automated operation company in the future; making full use of AI technology can reduce people's working hours, and only two or three hours a day will be working in the next day; within ten years, JD employees will be reduced from 160,000 to 80,000. (Source: Hydrogen Media Factory)
2. Walmart may apply blockchain technology to logistics to solve the " identity verification " problem of delivery
The US Patent and Trademark Office (USPTO) released the patent application filed by Walmart in October last year. The document reveals that automatic delivery trucks connected through blockchain technology will be implemented in Walmart's logistics and distribution.
According to the patent document, Walmart will connect to automatic delivery trucks through blockchain technology and set customers' homes as authorized access areas. These automatic delivery trucks can enter "restricted areas" such as "customer's homes" to complete package delivery services, and are expected to shorten the delivery time to within 1 day. Although many applications in Walmart patents do not mention technology themselves, Walmart patents provide solutions to how to access "identity authentication and encryption places" through technical means. (Source: Planet Daily Odaily)
3. Suning.com launched an employee stock ownership plan, with a total amount of funds not exceeding 500 million yuan.
According to 36Kr, Suning.com issued an announcement stating that the company's board of directors has reviewed and approved the draft of the third employee stock ownership plan. It is understood that the total amount of funds for the employee stock ownership plan shall not exceed 500 million yuan, the total number of employees participating in the employee stock ownership plan shall not exceed 1,600, and the price of the stocks acquired is 6.84 yuan per share. The employee stock ownership plan has a duration of 48 months and a lock-in period of 12 months. It is reported that Suning.com Chairman Zhang Jindong is not on the list. (Source: 36kr)
4. "Dearless without waiting" received RMB 400 million in D1 financing from Alibaba and Ctrip. The ultimate form of smart restaurants is " unmanned driving "
Smart catering service provider "Dearless Don't Wait" received a 400 million yuan D1 round of financing jointly invested by Alibaba and Ctrip. After this round of financing, the valuation of Delicious Bleeding Freedom has reached 4 billion yuan.
CEO Xie Xinfa told 36Kr that the cooperation between Delicious and Ctrip is all-round. As a large-traffic platform in the travel field, Ctrip will bring more high-net-worth users to Delicious; and Delicious, as a "router", will establish a direct relationship between Ctrip and restaurants, bringing more on-site services such as queuing, booking, ordering, and payment. (Source: 36kr)
Internet news
5. A big reversal! Trump tweets suddenly, ZTE incident may usher in a major turnaround
In the early morning of May 14, the latest and important progress was reported in the ZTE incident. Just a few hours ago, the latest Twitter released by US President Trump said, "China's President Xi is working with me to find a way for China's mobile phone company ZTE to quickly resume business. (ZTE incident) has caused a large amount of work loss in China, and the US Department of Commerce is working hard to complete this work!"
Previously, after being banned by the Trump administration from using parts made in the United States, ZTE announced that it had stopped its main related business activities. (Source: Big Data Abstract)

6. "Avengers 3 " domestic box office exceeded 1 billion
At 0:00 on May 13, Marvel Studios announced that the box office of "Avengers 3: Infinity War" exceeded 1 billion in the mainland. A day ago, at 0:00 on the 12th, the film's box office exceeded 600 million, earning 400 million yuan a day. (Source: Wall Street News)
7. The official account of " Second Canteen " is permanently closed, and CEO Li Ming was dismissed
In the early morning of this day, there was inappropriate content on the previous tweet of the WeChat public account "Second Canteen". Second Update apologized and decided to permanently close the Ergen Canteen account of Ergen Canteen official account and all other platforms; Second Update, remove all positions of Ergen Canteen CEO Li Ming in Ergen Network Company; Third, terminate the labor contract of the person in charge of the operation of this incident based on the suspension and inspection; Fourth, strictly improve the production process mechanism of all content under Ergen. (Source: Sina Technology)
8. Thousands of illegal restaurants have been launched on the three major takeaway platforms, and the store information has been made public.
Recently, the reporter learned from the Municipal Food and Drug Administration that the three major takeaway platforms of Baidu Takeaway, Meituan and Ele.me have conducted a comprehensive self-examination of the operating qualifications of online catering stores in Beijing, and have offline thousands of illegal restaurants, and have announced the store information on their webpages.
Next to the "Safety Commitment" announcement is attached, and click the "List of Downline Merchants due to Food Safety Issues" on the three major platforms. The list of merchants investigated and dealt with by the food and drug regulatory authorities, verified after consumer complaints and reports, and self-examined by the platform will be placed in this column and updated at any time. (Source: Beijing News)
9. A survey of women in the workplace: children have less salary than men do more housework
Not all working women in reality are as glamorous as in movies and TV dramas. They face gender inequality in job opportunities and compensation, and working mothers usually earn less than working women without children. After work, they still do 74 minutes more housework every day than men. Many women don’t know how to face this kind of “into the workplace and retreat to the family” and a messy life. (Source: Beijing News)

Cross-border newsletter
10. Vipshop and JD.com reach cross-border e-commerce cooperation
On May 11, Vipshop announced this afternoon in Seoul, South Korea that Vipshop and JD Global Shopping have reached cooperation in supply chain and purchasing, and Vipshop's 12 overseas warehouses and 8 self-operated warehouses will be fully opened to JD.com. Vipshop said that in the future, the cooperation between the two parties will expand to the full supply chain system such as marketing, logistics, and services, and comprehensively enhance the purchasing advantages. (Source: Lianyijia)
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