#Laogao E-commerce Newsletter#[E-commerce Evening News on July 3]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on July 3] 1. It is said that Alibaba has delayed the issuance of CDR and responded that its attitude towards CDR remains unchanged; 2. Vipshop has made a clothing matching platform cup and it must know it; 3. SF Express has launched the "flash delivery" business and has multiple instant delivery brands; 4. Brandz Global Brand Value Report: JD.com ranks first in development speed...

　　E-commerce newsletter:

　　1. Alibaba responded that it was postponed the issuance of CDR and said that its attitude towards CDR remains unchanged.

　　According to July 3, Alibaba Group, which was rumored in the market, was expected to submit CDR issuance application materials to the China Securities Regulatory Commission in mid-July, may further push its timeline. It is reported that Alibaba Group will apply for CDR issuance this month according to its previous plan, but due to various reasons, the process needs to be postponed.

　　In response to this, Alibaba Group responded to the media that its attitude towards CDR has never changed, but declined to comment on market rumors. Alibaba said, "We have said since the first day of listing in the United States that we will come back as long as conditions allow. Our attitude has never changed. We have no more details to comment on the rumors in the market today." (E-commerce News)

　　2. Vipshop has made a clothing matching platform cup and it must know

　　On July 3, Vipshop quietly incubated a recommended service platform for matching services, "Vinita Vinita", which will start trial operation at the end of February this year. According to the official introduction, the only one is mainly aimed at the female group. It matches the matching teacher according to the user's figure, preferences and style. The matching teacher can provide customers with personalized clothing and outfit guides. (Yibang Power)

　　3. SF Express has already launched the "flash delivery" business and has multiple instant delivery brands

　　Two months ago, SF Express began to open the same-city delivery business to ordinary users, and launched the same-city delivery WeChat official account and mini program. Users can place orders directly through the official account or mini program. It supports delivery services in core urban areas of 17 cities including Beijing, Shanghai, Hangzhou, Wuhan, Nantong, and Shijiazhuang. Unlike the crowdsourcing delivery model of Flash Delivery, all SF Express’s same-city delivery businesses are still operated by direct sales, and there are special couriers responsible for delivery. If ordinary couriers encounter orders for delivery in the same-city delivery when delivering or picking up the parts on the door, they also need to be transferred to the same-city delivery salesperson for delivery. (Curiosity Daily)

　　4. Brandz Global Brand Value Report: JD.com ranks first in development speed

　　According to the report, JD.com jumped to the fastest-growing brand with a growth of 94% last year, ranking first, with its value increasing from US$10.7 billion in 2017 to US$20.9 billion in 2018, and Alibaba ranked second, up 92%, from US$59.1 billion in 2017 to US$113.4 billion in 2018! (Sina Technology)

　　Internet Information

　　5. There will be an additional 0.1% handling fee for WeChat credit card repayment.

　　Recently, WeChat announced that it will adjust the WeChat credit card repayment business rules: starting from August 1, 2018, each repayment will be charged at 0.1% of the repayment amount. Regarding the reasons for the adjustment, WeChat said that payment channel handling fees will be generated behind each repayment. In order to enable users to enjoy some free product experience, Tencent Tenpay has been investing in costs to subsidize handling fees. In recent years, with the rapid development of credit card repayment business, the cost of channel handling fees has also increased rapidly. In order to appropriately balance costs and sustainable development, WeChat has made adjustments to credit card repayment business rules:

　　1. Starting from August 1, 2018, each WeChat credit card repayment will be charged at 0.1% of the repayment amount (the amount of the handling fee will be calculated to 2 decimal places, with a minimum of 0.10 yuan);

　　2. When the user performs a repayment operation, the handling fee shall be paid together with the repayment amount.

　　(Yibang Power Network)

　　6. Tencent Music plans to submit a listing application to the SEC on July 6 to benchmark Spotify

　　Tencent Music is scheduled to secretly submit IPO application documents to the US Securities and Exchange Commission on July 6, officially launching the US listing process. The lead underwriters of this IPO are Goldman Sachs and Morgan Stanley, and the conservative pricing range given by the investment bank is US$29 billion to US$31 billion. The market generally believes that Tencent Music will have a market value of more than US$30 billion against Spotify. (Sina Technology)

　　7. More than 400 college students borrowed campus loans and refused to repay the money, saying: Campus loans are illegal for usury and there is no need to pay them back.

　　More than 400 college students borrowed campus loans, most of which used them to buy high-end mobile phones, but none of them paid back the money. The financial company sued the more than 400 college students. After mediation by the court, they only had to pay off the principal and litigation fees and settled the money. The students neither responded to the lawsuit nor refused to repay the money. They also said that campus loans are usury, usury is illegal, and borrowed illegal money does not have to be repaid!

　　Cross-border e-commerce

　　8. Alibaba plans to invest in Trendyol. Details have not been disclosed yet

　　According to July 3, Alibaba may acquire part of the equity of Türkiye's fashion e-commerce company Trendyol. Trendyol confirmed the news on June 28, saying that "Alibaba and Trendyol will work together to promote the company's development in Turkey and surrounding areas", but neither party disclosed the specific scale of the investment and the transaction time. (Yibang Power)

　　9. Amazon coupons are open to third-party sellers in Japan

　　July 2nd news, Amazon Coupons will be gradually opened to third-party sellers in all Japanese sites starting today.

　　据悉，自北美与欧洲站点开通以来，已有众多中国卖家透过优惠券成功提高自身商品曝光与转化率。作为目前少数针对第三方卖家开放的自助营销工具，优惠券对卖家整体运营绩效的拉抬作用极其显著。尤其是营销资源相对受限的中小型卖家，优惠券的开放让卖家在商品推广工具的选择上有了更多弹性。（电商报）

　　10. US tariff policy will trigger global retaliation

　　On July 2, according to foreign media reports, the European Commission issued a warning that the threat of Donald Trump to crack down on automobile imports with punitive tariffs may trigger global retaliation against nearly $300 billion in U.S. products. The EU said that the U.S. investigation into whether foreign cars and components pose national security risks could plunge the global economy into a full-scale trade war, thereby damaging employment opportunities in the U.S. auto industry, which has more than 4 million people employed. (Phoenix Finance)

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