#Laogao E-commerce Newsletter# [E-commerce Morning News on July 20]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on July 20] 1. Fortune 500 in 2018: JD.com ranked 181st, ranking first in China's Internet companies; 2. JD.com joined hands with Walmart to integrate online and offline upgrades and interoperability for 400 stores; 3. Vatti Beijing distributors ran away to apply for labor arbitration from Fengtai District; 4. Ministry of Commerce: Online retail sales exceeded 4 trillion in the first half of the year accounted for 17.4%; 5. Shenzhen P2P platform Yujinshou announced liquidation, promising to repay in three years...

　　E-commerce newsletter:

　　1. Fortune 500 in 2018: JD.com ranked 181st and ranked first in China's Internet companies

　　On July 19, Eastern Time, Fortune magazine released the 2018 World Top 500 rankings. Among the six major companies on the global Internet industry, China and the United States each account for three. Amazon jumped from 26 to 18, while Google's parent company Alphabet rose from 65 to 52. JD.com ranked 181st, leading Chinese Internet companies, and its ranking has increased by 80 places compared with last year. Facebook, Alibaba and Tencent, which just made the list last year, rose to 274th, 300th and 331st respectively. (Chuangyebang)

　　2. JD.com joins Walmart to integrate online and offline, upgrade and interoperability 400 stores

　　On July 19, Walmart and JD.com jointly held the "Three Connections 2.0" strategic press conference and the launch ceremony of the 8.8 Shopping Festival in Beijing. Both parties announced that the 8.8 online and offline large-scale online and offline carnival shopping festival will be launched from now on. They will work with major brands to launch super affordable high-quality products in Walmart stores across Walmart and JD.com’s flagship stores on JD.com. For the first time, more than 12 million online and offline coupons will be distributed through new AR/VR experiences and WeChat scanmago. (Lianshang.com)

　　3. Vatti Beijing dealer runs away from the employee applying for labor arbitration from Fengtai District

　　On the evening of July 19, according to the Beijing News, some installers and salesmen of Beijing Vatti dealers went to the Labor Dispute Arbitration Committee of Beijing Fengtai District to apply for labor arbitration, hoping to protect their rights regarding incidents such as the loss of contact by the distributor in Beijing and Tianjin area and the seizure of Beijing inventory goods.

　　Regarding the loss of dealers, Vatti's announcement clarified that Beijing Vatti Radi Gear Sales Co., Ltd. and Tianjin Vatti Radi Gear Sales Co., Ltd. are not subsidiaries of the company. The company's application for a court to seal and freeze the inventory of goods that can cover the company's debts is a property preservation act taken by listed companies to actively eliminate risks. (E-commerce News)

　　4. Ministry of Commerce: Online retail sales exceeded 4 trillion in the first half of the year and accounted for 17.4%

　　On July 20, Yibang Dynamic learned that the Ministry of Commerce spokesman Gao Feng said at yesterday's regular press conference of the Ministry of Commerce: From January to June, the national online retail sales of physical goods increased by 29.8% year-on-year, accelerating by 1.2 percentage points from the same period last year, accounting for 17.4% of the total retail sales of consumer goods, an increase of 3.6 percentage points from the same period last year. (Yibang Power Network)

　　5. Belle's more than 20,000 retail outlets seek change: betting on artificial intelligence

　　On July 19, Yibang Dynamics learned that Belle International signed a strategic cooperation agreement with Horizon, an embedded artificial intelligence platform startup. Exploring the deep integration of offline retail scenarios and artificial intelligence technology, exploring the deep relationship between "people and goods" in retail scenarios, and finding new models of smart retail have become the core issue of Horizon and Belle's cooperation this time. (Yibang Power Network)

　　Internet Information

　　6. WeChat QQ records will be valid evidence

　　Recently, the Nansha District People's Court of Guangdong Free Trade Zone issued the "Regulations on the Proof of Proof of Evidence and Certification of Internet Electronic Data Evidence". The regulations refer to the electronic signature law that has been promulgated and implemented and the "E-Commerce Law" that is still under the review process. In combination with the more types of evidence that have appeared in practice, Internet electronic data evidence is limited to the production of SMS, Email, QQ, WeChat, Alipay or other Internet software with communication and payment functions. It can tangibly express the content contained and can retrieve and retrieve data information at any time. (Chuangyebang)

　　7. Super high-speed rail company HTT will build China's first super high-speed rail in Guizhou

　　According to Guizhou client news today, yesterday, Tongren City and the American Super High-speed Railway Company held a signing ceremony for the "Vacuum Pipeline Super High-speed Railway R&D Industrial Park Project" in Guiyang City, marking a solid step for the establishment of the super high-speed railway project in Tongren, Guizhou.

　　It is understood that this is the first super high-speed rail construction agreement signed by the American super high-speed rail company and China. According to the agreement, the Tongren Municipal Government and HTT Company will establish a joint venture in Tongren City with a capital contribution ratio of 1:1 respectively to jointly build the "Vacuum Pipeline Super High-speed Railway R&D Industrial Park" project. (Chuangyebang)

　　8. The Shenzhen P2P platform Yujinshang announced liquidation and promised to repay in three years

　　On the evening of July 19, according to 36Kr, Shenzhen's P2P platform "Yujinsou" announced a liquidation today. The platform was launched in October 2014. The official website operation data shows that the cumulative investment scale is nearly 3.1 billion yuan, which is a financial platform under Hong Kong Ancheng Group. Yujinshang issued an announcement stating that the platform will stop business operations and will set up a compliance rectification working group within 7 days; in addition, it also announced a delayed redemption plan, promising to redemption for three years, and settle the investor's principal by July 31, 2021 at the latest. (E-commerce News)

　　9. Ministry of Industry and Information Technology: Will cultivate specific enterprise-level industrial Internet platforms

　　On July 20, the Ministry of Industry and Information Technology issued a notice proposing that by 2020, about 10 cross-industry and cross-field industrial Internet platforms and a number of enterprise-level industrial Internet platforms for specific industries and specific regions will be cultivated, and the large-scale development and application system for industrial APPs will be basically formed. (Yibang Power Network)

　　Cross-border e-commerce

　　10. Amazon's online retail share in the United States is about to reach 49%

　　On July 20, market research firm eMarketer predicted in a report recently released that Amazon will occupy 49.1% of the U.S. e-commerce retail market by the end of 2018. eMarketer expects Amazon's U.S. sales to reach $258.2 billion in 2018, an increase of nearly 30% from 2017. This shows that Amazon is not only huge in scale, but also has a strong expansion speed. Last year, it accounted for 44.1% of the total retail sales of e-commerce. (E-commerce News)

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