#Laogao E-commerce Newsletter# [E-commerce Evening News on June 28]

　　#Laogao E-commerce News# [E-commerce Evening News Brief on June 28] 1. Alibaba's Fliggy announced that it had reached a membership cooperation with DJI; 2. NetEase sued the China Consumers Association, demanding that the four defendants pay 21 million yuan in compensation; 3. Pinduoduo will go public in the United States next week? Official response: No comment; 4. JD.com and Huobi China officially signed a contract and will strengthen cooperation in the fields of cloud computing and blockchain...

　　E-commerce newsletter:

　　1. Alibaba's Fliggy announced that it will reach a membership cooperation with DJI

　　36Kr news, Alibaba's travel brand Fliggy announced today that it has reached a membership cooperation with DJJ. Fliggy F2/F3 members can directly redeem DJI Select members online, enjoying 20% ​​off accessory coupons, 50% off DJI care, new product orders, exclusive 30-day returns, exclusive quick repair service, special birthday surprises and other privileges. (36Kr)

　　2. NetEase sued China Consumers Association and demanded that the four defendants pay 21 million yuan in compensation

　　NetEase Koala Haigou is dissatisfied with its products being recognized as a counterfeit product by the China Consumers Association and is determined to use legal weapons to protect its rights and interests.

　　According to the announcement of the Haidian Court, Hangzhou Youmai Network Technology Co., Ltd. and NetEase Global Shopping Co., Ltd. sued the China Consumers Association, Estee Lauder (Shanghai) Trading Co., Ltd., Estee Lauder Company, and Beijing Shengtuo Youxun Information Technology Co., Ltd. to the court, requiring the above four defendants to delete the reports involved, publish an apology statement and compensate for losses of 21 million yuan. Recently, the Haidian Court accepted the case. (Europe)

　　3. Will Pinduoduo go public in the United States next week? Official response: No comment

　　Today, media reported that social e-commerce Pinduoduo will submit listing documents to the SEC next week, and Goldman Sachs and CICC will serve as underwriters for this listing of Pinduoduo. In response, Pinduoduo told Sina Technology that it would not comment. (Yibang Power)

　　4. JD.com and Huobi China officially signed a contract and will strengthen cooperation in the fields of cloud computing and blockchain

　　JD Group Vice President He Gang announced that JD Cloud and Huobi China officially signed a contract to cooperate today. The two sides are committed to strengthening cooperation in vertical fields in cloud computing and blockchain fields, and providing services to enterprises in related fields. (Sina Finance)

　　5. QuestMobile: 618 Taobao, Pinduoduo, and JD Daily Active users have grown

　　According to 36Kr news, QuestMobile report shows that the daily active user scale of Taobao, Pinduoduo and JD APP all maintained growth during the 618 period. Data shows that during the 618 period, the average DAU of mobile Taobao and JD.com increased by 23.9% and 14.7% respectively from the same period last year. Taobao mobile phone DAU peaked at 260 million on June 18, an increase of 25.7% year-on-year, while Pinduoduo and JD.com remained relatively stable. (36Kr)

　　Internet Information

　　6. Baidu's former employee resigned from job hunting today's Toutiao breached the contract and was rejected by the Labor Arbitration Committee

　　Recently, Baidu sued former employee Li to the Beijing Labor and Personnel Dispute Arbitration Committee on the grounds that "former employee jumped to the headlines" suspected of violating the restricted competition agreement, and asked Li to continue to fulfill his restricted competition obligations, refund the restricted competition compensation and pay a total of more than 1 million yuan in compensation for breach of contract. On June 21, the Labor Dispute Arbitration Committee made a ruling, rejecting Baidu's arbitration application. (People's Court News)

　　7. Baidu and China Unicom set up a "5G+AI Joint Laboratory"

　　At the 2018 Mobile World Congress, the "5G+AI Joint Laboratory" jointly initiated by Baidu and China Unicom was officially unveiled. The two parties will give full play to their technological and network advantages, and jointly commit to product innovation and business model innovation in 5G, Internet of Vehicles, AI and other aspects, study innovative business products for Baidu, China Unicom and third parties, and promote them to the market to realize the implementation and application of business products and commercial operations. (Tencent First-line)

　　8. Moody's upgraded JD.com to Baa2, with positive ratings

　　According to the statement, the rating upward reflects that after completing the equity disposal of JD Finance, JD's investment request risks are reduced. At the same time, the company demonstrates its ability to develop its core retail business in a profitable manner. It is expected that the company will continue to achieve cash flow growth and expand its business portfolio. JD's business is expected to remain profitable in the next two years. (Bloomberg)

　　Cross-border e-commerce

　　9. Amazon wants to support small independent express delivery companies to solve the last mile problem

　　Amazon said on Wednesday it will provide incentives to attract entrepreneurs to build their own small courier careers. This is part of Amazon’s latest effort to address the last-mile delivery challenge. Amazon said it wanted to rent a dark gray van with the Prime logo to express delivery companies with good conditions. It also said it will provide fleet operators with uniforms, refueling plans and insurance plans, and even courses on tax and wages. (Sina)

　　10. Alibaba plans to acquire Indonesian Cermati, the amount may reach US$30 million

　　According to the latest news from foreign media, Alibaba Group is preparing to acquire an Internet financial service company in Indonesia. According to foreign media quoted several people familiar with the matter, Alibaba Group is currently launching an acquisition of Indonesia's financial product trading platform Cermati, with the acquisition amount likely to reach US$30 million. It is not yet known whether the acquisition will be finalized. Cermati is similar to a "supermarket" for financial products. The platform has aggregated a large number of Internet financial products, allowing consumers to make free choices. (E-commerce News)

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