#Laogao E-commerce Newsletter# [E-commerce Evening News on July 31]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on July 31] 1. Pinduoduo said that it had invested in anti-counterfeiting on the first day and had 10.7 million cases removed from the shelves; 2. JD.com’s single-store sales increased by 6.3 times; 3. Huang Zheng wrote to employees: Pinduoduo will start to make continuous changes; 4. The Ministry of Industry and Information Technology inquire about information security issues in Tencent, Ctrip, iQiyi, etc.; 5. Sohu executives interpreted the financial report and expected to make profits in the second and third quarters next year...

　　E-commerce newsletter:

　　1. Pinduoduo said that it invested in anti-counterfeiting on the first day and has been removed from the shelves of 10.7 million pieces.

　　On July 31, Pinduoduo held a communication meeting in Shanghai to respond to outside doubts about Pinduoduo. At the communication meeting, Pinduoduo listed their anti-counterfeiting transcripts. It is said that Pinduoduo has been engaged in combating counterfeiting on the first day of its own business.

　　Pinduoduo listed their anti-counterfeiting report card: remove 10.7 million problematic products, intercept 40 million infringement links; proactively deleted products is 125 times the amount of complaints from the right holder, and cooperate with more than 400 brands to collect evidence and combat counterfeiting; 150 million yuan of consumer protection funds, advance payment first, and lightning refund; one fake compensation of ten, and the strictest compensation standards in the e-commerce industry are followed. (TechWeb)

　　2. JD.com’s single-store sales increased by 6.3 times

　　In addition to including the three major Japanese convenience store giants, All FamilyMart, Luosen, and 7-11, JD.com has also reached in-depth cooperation with more than 50 national chain and regional chain brands including Quanshi, Liangyou, Today, Wudongfeng, Meiyijia, and Youke. In the first half of this year, the overall order volume of JD.com’s convenience store format increased by 80%. (Lianshang.com)

　　3. Huang Zheng wrote to employees: Pinduoduo needs to start and continue to make changes

　　On July 31, Huang Zheng, Chairman and CEO of Pinduoduo, issued a letter from all employees entitled "Persist in duty, even if it is a malicious attack, a good interpretation", saying that "one-sided positive is not what we pursue, and one-sided negative is never the real Pinduoduo." We must stick to our duty, first ask ourselves to blame when facing doubts, embrace the supervision of the public and the competition, ignore the fluctuations in stock prices, show the spirit of nailing down the nails, and solve practical problems one by one. (Yibang Power)

　　4. Suning Store 2.0 version first store opening: self-operated services are fully available

　　July 31st news, today, the first Suning store with a brand new appearance design opened in Nanjing. It is reported that starting from August this year, the newly opened Suning stores across the country will be implemented in accordance with a brand new appearance design.

　　It is understood that the new Suning store will set the entire store into a sales area, a service desk, a refrigeration and freezer area along the wall, a express point, a refrigerator area, a meat and aquatic area, a fresh food stall, a rest area and a warehouse.

　　In terms of products, the number of SKUs in the entire store has reached 3,000. In addition to high-frequency consumption products such as fresh fruits and vegetables, daily fresh food, Suning Store also sets up processing sectors such as fresh food stalls, roasting workshops, and Suning coffee. (Yibang Power Network)

　　5. Jiuzhitang's net profit of 327 million yuan in the past six months of 2018 decreased by 9.77% year-on-year

　　According to news on July 31, Yibang Power learned that Jiuzhitang recently announced its half-year financial report for the 2018 fiscal year.

　　According to the financial report, during the reporting period, the company's operating income was 1.801 billion yuan; the net profit attributable to listed shareholders was 327 million yuan; the company's total assets were 5.721 billion yuan; the company's net assets were 4.49 billion yuan; and earnings per share was 0.38 yuan.

　　Internet Information

　　6. The scale of mobile payments reached US$2 trillion in 2020, and Apple's current payments account for more than 50%.

　　According to a new forecast report from Juniper Research, the number of users using contactless payment services provided by mobile device manufacturers worldwide will increase to 450 million by 2020. These mobile payment solutions include Apple Pay, Samsung Pay, Google Pay, etc. So far, Apple Pay has the largest number of users, accounting for nearly 50% of similar payments worldwide. This means that a large number of users are using wallet payment services provided by hardware manufacturers, rather than third-party applications.

　　In addition, this prediction also includes latecomers like Fitbit and Fitbit Pay, and the platform is naturally Fitbit's smartwatch. But analysts say these alternatives will be difficult to achieve greater market share in the next few years and will not pose a threat to mainstream manufacturers such as Apple. (Titanium Media)

　　7. The Ministry of Industry and Information Technology inquire about information security issues Tencent, Ctrip, iQiyi, etc.

　　Recently, in response to the prominent security of network data and user personal information such as "some applications arbitrarily retrieve mobile phone camera permissions, user order information leakage causes fraud cases, excessive collection and abuse of user information", the Cyber ​​Security Administration of the Ministry of Industry and Information Technology, together with Beijing, Shanghai and other Communications Administrations, actively carried out investigations, and organized inquiries on the involved Ctrip, Tencent, Yangmatou, Station A, iQiyi, Tantan and other companies. (Ministry of Industry and Information Technology)

　　8. Sohu executives interpret financial reports and expect profits in the second and third quarters next year

　　Sohu released its unaudited second-quarter 2018 financial report as of June 30, 2018. According to the financial report, Sohu's second-quarter revenue was US$486 million, a year-on-year increase of 5%; the non-GAAP attributable to Sohu was US$49 million, compared with a net loss of US$72 million in the same period last year. After the financial report was released, Sohu stated that it would control the cost of original video content, and it is expected that Sohu Video will make a profit in the second or third quarter next year. (Chuangyebang)

　　9. Zhou Yahui reminded Zhang Yiming: If Ma Huateng pays attention, it will be difficult to fight the battle between Toutiao and TikTok and WeChat.

　　36Kr news, Opera CEO Zhou Yahui reminded Zhang Yiming: In order to win the bid for government cloud business, several Tencent bosses spent enough bandwidth on social networks. If Ma Huateng takes it seriously, it will be difficult to fight Toutiao Douyin’s battle to compare with WeChat. (36Kr)

　　Cross-border e-commerce

　　10. Comparison of per capita consumption expenditure: Which cross-border e-commerce products have potential

　　On July 31, Yibang Power learned that iResearch Research Report on the Development of China's Cross-border Imported Retail E-commerce Industry (2018)", which pointed out that residents' consumption expenditure is constantly expanding, and users' actual purchasing power in the cross-border e-commerce field will continue to increase. The report pointed out that the increase in per capita disposable income provides a good user base for the cross-border e-commerce market from the supply side, and per capita consumption expenditure represents the actual purchasing power of residents. Judging from the comparison between 2013 and 2017, Chinese residents' consumption expenditure in all aspects has been increasing (excluding inflation factors), and users' actual purchasing power in the cross-border e-commerce field will also continue to increase. Data shows that compared with the per capita consumption expenditure of Chinese residents in 2013 and 2017, the growth rate was: in terms of health care, the compound annual growth rate was 12.3%; in terms of transportation and communication, the compound annual growth rate was 11.3%; in terms of education, culture and entertainment, the compound annual growth rate was 10.5%. 【Yibang Power News】

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