#Laogao E-commerce Newsletter# [E-commerce Evening News on July 4] 1. JD.com’s self-service invoice function is unveiled, and consumers can apply on their own; 2. JD.com updates transaction timeout rules: the unit is "hours"; 3. Alibaba launches artificial intelligence clothing store; 4. Alibaba’s first physical agricultural products store in rural Taobao..

E-commerce newsletter:
1. JD.com’s self-service invoice function is unveiled, and consumers can apply for it themselves
JD.com announced the launch of the self-service invoice function. Consumers can apply for invoices through the front desk self-service invoice entrance. It is reported that self-service invoice service is a service provided by JD consumers and merchants to quickly solve invoice problems. After the merchant chooses to activate, consumers can directly initiate invoice requests at the front desk and select invoice type and content within the merchant's limited scope. Merchants can directly process customer invoice requests through this system. (Yibang Power Network)
2. JD.com updates transaction timeout rules: the unit is "hours"
JD.com issued an announcement on the effective entry into force of the "JD Open Platform Trading Timeout Rules". It is reported that JD has revised the timeout regulations for consumers to respond to merchants applying for refunds, with the unit being "hours", and has changed the review and refund period for users to cancel orders before the product is out of stock from "1 working day" to "24 hours". It is reported that the adjustment will be launched simultaneously with the system, and the rules will take effect on July 3. (Yibang Power Network)
3. Alibaba launches artificial intelligence clothing store
It is reported that Alibaba has established an artificial intelligence clothing store in Hong Kong - "FashionAI Concept Store" ("Fashion Heart Concept Store"). In addition to offline and online, Taobao 500 million consumers will also fully experience the outfit recommendations brought by artificial intelligence in the future. (Europe)
4. Alibaba Rural Taobao launched its first physical agricultural products store
On July 4, according to Xinhua News Agency, Alibaba Rural Taobao recently launched its first offline agricultural product experience store in Hangzhou. Agricultural products from more than ten nationally-level poverty-stricken counties across the country can get direct experience from customers in urban shopping malls. According to reports, this experience store is the first "new retail" plan for rural Taobao to enter Alibaba. Currently, products include gray dates from Hotan County, Xinjiang and red rice from Yuanyang County, Yunnan. At present, Chinese e-commerce giant Alibaba has established a "new retail" model through cooperation and acquisitions in many fields such as fresh food fast-moving consumer goods and home appliances, and transformed and upgraded the product production chain, supply chain, etc. through big data and other technologies to achieve the integration of online services and offline experience. (Yibang Power)
5. Harper Wilde, underwear e-commerce company, receives $2 million in seed round financing
Harper Wilde received $2 million in a seed round led by venture capital firm CRV. The round will be used to build its own workforce, as well as to advance the task of providing comfortable bras to women across the country. (Lieyun.com)
Internet Information
6. The logistics giant "SF Express" launched for the first time to compete in Europe and Asia by using "Lu Si"
According to July 4, while continuously enhancing air transport strength, under the national "Belt and Road" initiative, many logistics companies have gradually increased their investment, and with the help of the China-Europe freight train, the onshore Silk Road has been opened as an important channel for the battle against the Eurasian continent. On June 30, the China-Europe Express train departed from the Alashankou Comprehensive Bonded Zone, Xinjiang, with its destination in Malashevich, Poland. On the same day, SF Holdings' China-Europe Express Business Headquarters also officially settled in Alashankou. SF Holdings stated that SF Holdings has registered and established Alashankou International Express Railway Co., Ltd. in the Alashankou Comprehensive Bonded Zone. The company will serve as the headquarters of SF Holdings' China-Europe Express Train, manage and operate international trains and international land port businesses, and create a new core business segment of SF Holdings. (E-commerce News)
7. Xianyu launched a new function for recycling old clothes, donation can obtain Ant Forest Energy
36Kr learned that starting from July 3, Xianyu will be able to obtain the Ant Forest green energy in participating in the recycling of old clothes. Once donated, you can get 790 grams of Ant Forest green energy. (36Kr)
8. Youzan received a $150 million investment from Tencent? Bai Ya responded: Fake news
July 4th news, yesterday, some media reported that "Youzan received a US$150 million strategic investment from Tencent, accounting for 5% of its total share capital after its listing, and is interested in promoting the merger of Youzan and Weidian." In response, Youzan founder Bai Ya responded to "fake news. Our business is developing well, and the cooperation between all parties is indeed very good. No one else is available. I don't know who is so bored." (Yibang Dynamics)

Cross-border e-commerce
9. NetEase Koala's territory has expanded again this time it is the "Macau Regional Pavilion"
July 4th news, yesterday, NetEase Koala and the China-Portuguese E-Commerce Chamber of Commerce officially signed a strategic cooperation agreement with the Macau Economic Bureau, and will open a "Macau Regional Pavilion" in NetEase Koala. It is reported that this is also the first time that domestic e-commerce platforms have a large-scale and systematic sales of products from Macau and Portuguese-speaking countries. It is understood that the products launched by NetEase Koala's "Macau Regional Pavilion" are mainly pastries, red wine and food supplement seafood, including local well-known Macau brands such as Australia Kum Kee, Zifeng, and Jinyan. It is expected that there will be more than 100 SKUs. It is reported that NetEase Koala has currently established 10 national and regional pavilions. In addition to the "Macau Regional Pavilion", it also includes Japan, the United States, South Korea, Australia and New Zealand, Germany, France, the United Kingdom, Italy, Taiwan, and Nordic. (Yibang Power)
10. Amazon coupons are open to third-party sellers in Japan
7月2日消息,亚马逊优惠券(Coupons)从今天开始将逐步开放给所有日本站的第三方卖家使用。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)
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