#Laogao E-commerce Newsletter# [E-commerce Evening News on August 2]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on August 2] 1. BOE A: The e-sports monitors jointly with JD are expected to be launched in the second half of the year; 2. Geek+ CEO Zheng Yong: Intelligent warehousing changes e-commerce; 3. JD Home Self-service Cash Registration System is upgraded to "face-scanning payment"; 4. Luckin responds to Starbucks Alibaba cooperation: Traditional retail + takeaway does not mean new retail; 5. NetEase Koala and IResearch release a "taste life" trend report...

　　E-commerce newsletter:

　　1. BOE A: The e-sports monitors jointly with JD are expected to be launched in the second half of the year

　　BOE A said on the interactive platform that the company has made some arrangements in the direction of e-sports display, and it is expected that e-sports displays and other products equipped with BOE screens can be seen in the second half of the year. The company's 6th generation flexible AMOLED production line in Chengdu is progressing well, mainly used in smartphones. It is expected to provide 60 million to 70 million smartphone screens every year after full production. (Securities Times·e Company)

　　2. Geek+ CEO Zheng Yong: Intelligent warehousing changes e-commerce

　　On August 2, at the 2018 Ideas Retail Digital Service Conference, Geek+ CEO Zheng Yong delivered a speech entitled "The Changes Bringed by Intelligent Warehousing." He pointed out that the upgrade of the entire warehousing and logistics system and service upgrade not only requires robot technology, but also requires understanding of customers' industry business needs. In the entire technical framework, we must further support how to optimize this system through understanding of the industry, including helping the robot system to do better self-learning and optimization. The functions, algorithm strategies, operational experience, and continuous service capabilities of the system here are actually to ensure the efficiency of the entire system and the entire service, and to improve the customer experience. (Yibang Power News)

　　3. JD.com’s self-service cashier system upgraded to “face-scanning payment”

　　JD.com announced that it has recently reached a cooperation with WeChat Pay and JD.com Payment to realize "face-scanning payment". At present, self-service cashier equipment that cooperates with WeChat Pay with the "face scanning" function has been put into use in Wuhan Zhongshang, Shenzhen Fuban and Beijing Huaguan. Huaguan Guanzhuang Store is one of the first stores to use this set of equipment. JD.com’s “Easy Purchase” and self-service cashier system have been launched in merchants such as Shangshu Yonghui, China Merchants, Daqiao Road, and Haohucheng. According to He Huijian, head of JD.com’s product technology, through the combined efforts of O2O business and store empowerment, it can help in-depth cooperative stores to achieve digitization of nearly 70% of users. (Yibang Power News)

　　Internet Information

　　4. Luckin responds to Starbucks Alibaba cooperation: Traditional retail + takeaway does not equal new retail

　　Starbucks announced today that it will cooperate with Alibaba and will provide takeaway services to Starbucks with Ele.me. Luckin Coffee responded to this, saying that even if traditional retail has added takeaway and mobile payment, the fundamental business model has not changed, and it is not necessarily new retail. (Sina)

　　5. China Unicom and Alibaba jointly form Yunli Smart Technology

　　Yunli Smart Technology Co., Ltd., formed by China Unicom and Alibaba Group, will hold an unveiling ceremony. Yunli Smart Technology Co., Ltd. focuses on the battlefield of digital transformation of government and enterprises, focusing on government affairs, finance, transportation, manufacturing, ecological environment and other fields, and provides application software and services empowered by new technologies. (Securities Times·e Company)

　　6. Xigua Video spends 4 billion yuan on variety shows

　　36Kr learned that Xigua Video will spend 4 billion yuan to build Xigua Video mobile variety show IP and create a platform-made variety show. The first variety show will be collaborated with Galaxy Cool Entertainment, which is an interactive variety show "The Number One Mission" hosted by Wang Han. Galaxy Cool Entertainment CEO Li Wei called it "the first national magical operation challenge variety show". The variety show will adopt the form of interaction between celebrities and amateurs, demonstrate online and follow offline, causing the participation and interaction of the whole people. (36Kr)

　　7. Tencent WeChat reminds: Beware of mini program development scams such as "official authorization"

　　The WeChat Security Risk Control Center cooperated with Heyuan Zijin police to destroy a mini program fraud gang that used the name of the official authorization of mini program. Regarding such incidents, Tencent WeChat team stated that it will continue to pay attention to similar incidents. Once a gang is found to be suspected of infringement or impersonating the official name, legal procedures will be initiated and legal liability will be pursued. Tencent WeChat team also reminds merchants to pay attention to identifying the authenticity and reliability of third-party company information when cooperating with third-party companies to develop mini programs. (Tencent)

　　8. 168 stores of Neighbor convenience stores are closed: the investor is under investigation

　　On August 2, it was learned that Neighborhood Home (Beijing) Trading Co., Ltd. issued a notice letter to suppliers stating that the company will stop all business at the headquarters from August 1 and gradually stop store business. The announcement shows that Neighborhood was established in 2015, and there have been more than 168 Neighborhood convenience stores in three years. However, because the only investor behind the company was investigated by Shanghai police, the company's bank account was frozen. Because the company is in the development stage and has not yet truly achieved profitability, the investor still needs to invest in capital and operate, and the store's own sales revenue is still insufficient to make ends meet. At present, the company's account has been litigated by some suppliers to conduct property preservation in the court, the account funds have been frozen, and there is no disposable funds in the company's account. (Yibang Power)

　　9. Suning and Huawei set a strategic goal of 50 billion by 2020

　　On August 2, yesterday, Huawei Consumer Business CEO Yu Chengdong led a team to visit Suning headquarters and met with Zhang Jindong, chairman of Suning Holdings Group. During this meeting, the two sides had in-depth exchanges on new goals, new channels and new gameplay, marking a further upgrade of Huawei and Suning's all-round strategic cooperation. On the scene, both sides set higher strategic goals and will complete sales of 50 billion yuan by 2020. (E-commerce News)

　　Cross-border e-commerce

　　10. NetEase Koala and IResearch to Release the Trend Report on "Taste Life"

　　Recently, NetEase Koala and third-party data research institution iResearch released the "Trend Report on "Taste Life" Consumption Trends". The report shows that although "consumption rating" does exist, consumers' consumption demand for "quality" is more prominent, and new scenarios and standards are constantly being born.

　　It is understood that the release of this report is also the first time that NetEase Koala has disclosed the details of its users' minds after announcing its brand upgrade in June this year. (Yibang Power News)

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