#Laogao E-commerce Newsletter# [E-commerce Morning News on August 7] 1. The central bank issued another huge fine: Guofulipai 44.47 million yuan Alipay 4.12 million yuan; 2. Xiaohongshu responded to rumors of layoffs: there is no plan for layoffs; 3. Ele.me: Personnel undermining speculation is false and the equity has changed to acquisition steps; 4. It is rumored that Huawei withdrew from the US market online, and Huawei responded that it is not true; 5. The consumption amount of Chinese mainland tourists to Japan in the second quarter was about 22.2 billion yuan.
E-commerce newsletter:
1. The central bank issued another huge fine: Guofulipai 44.47 million yuan Alipay 4.12 million yuan
According to August 6, the central bank made three administrative penalty decisions today. Guofulipai, Liandongjie and Alipay were fined differently for violating relevant regulations, with a total amount of approximately RMB 77 million. TechWeb)
2. Xiaohongshu responds to rumors of layoffs: there is no plan for layoffs.
On August 6, some media reported that "Xiaohongshu will lay off 1/2 of the employees of the e-commerce department, and the department will reduce its number from about 500 to more than 200." In response to this report, Xiaohongshu issued a response saying that this is false news, the current business is developing rapidly, the overall personnel are stable, and there is no plan to lay off employees. Response full text: Recently, we have found false reports about abnormal flow of personnel in Xiaohongshu. In response to this, Xiaohongshu solemnly declared that this news is false news. Xiaohongshu's current business is developing rapidly. It just completed more than US$300 million in June this year. The overall staff is stable and there is no plan to lay off employees. Thank you to all the friends who care about Xiaohongshu. More than 2,000 Xiaohongshu people distributed around the world will continue to work hard to create a beautiful, real and diverse community. (Yibang Power Network)
3. Ele.me: Personnel undermining speculation is false and the equity changes to acquisition steps
Regarding the recent changes in equity and legal representatives, Ele.me stated that some recent speculations about Ele.me’s personnel undermining are nonsense, and equity changes are just a normal step in Alibaba’s wholly-owned acquisition.
A person related to Ele.me responded again today that the integration of Ele.me and Alibaba are getting better. Some recent speculations about Ele.me’s personnel undermining are purely nonsense, and equity changes are just a normal step in Alibaba’s wholly-owned acquisition. (Sina Technology)
4. WeMall submitted its prospectus: Net profit in Q1 2018 was RMB 11.1 million
On August 6, WeChat ecological service provider WeMall submitted a prospectus to the Hong Kong Stock Exchange. The prospectus shows that WeMall's revenue in 2015, 2016 and 2017 was RMB 114 million, RMB 189 million and RMB 534 million, respectively, with an annual compound growth rate of 116.4%.
The prospectus shows that WeMall's profits in 2015, 2016 and 2017 were -88.6 million yuan, -80.9 million yuan and 2.6 million yuan respectively, and WeMall's net profit in the first quarter of 2018 was 11.1 million yuan. (Yibang Power Network)
Internet Information
5. It is rumored online that Huawei withdraws from the US market, but Huawei responds that it is not true.
Regarding today's foreign media, Huawei has decided to sack all its strongholds and withdraw from the US market. Huawei responded to Tencent's "First Line" that the above rumors are not true. Previous reports said that Huawei decided to withdraw from the US market and sack three offices including Washington, DC and Washington State, and said that Huawei has been discussing for 3-4 months. In response to the above rumors, Huawei replied to the media, "This news is not true, thank you for your attention to Huawei." (Tencent Technology)
6. The consumption amount of mainland Chinese tourists to Japan in the second quarter is about 22.2 billion yuan.
On August 6, the Japan Tourism Agency released survey data showing that the tourism consumption of foreign tourists to Japan in the second quarter reached 1.1233 trillion yen. By country and region, the consumption of mainland Chinese tourists reached 362 billion yen (about 22.22 billion yuan), accounting for 32% of the total, with the largest amount. (E-commerce News)
7. Online pyramid schemes are rampant: Nearly 30% of netizens suffer losses due to trusting friends
Recently, Tencent Guardians Project and Tencent News Client launched a survey on online pyramid schemes, with nearly 40,000 netizens participating. The survey results show that online pyramid schemes that occur among acquaintances are shocking. As many as 62.2% of people have relatives or friends around them have encountered online pyramid scheme scams, and 26.6% suffer losses due to purchasing projects or products recommended by friends. (Tencent Technology)
8. WeChat public platform: Remove unnatural reading data such as machines from August 8
36Kr News, the update announcement of the "statistics" page of the WeChat public platform backend stated that in order to ensure the healthy operation of the platform, the article reading data of the public account operation backend began on August 8, eliminating false data caused by non-natural readings such as machines. Due to the switching of statistical caliber, the comparison between new statistical data and historical data may fluctuate certainly. This change will not have an actual impact on operator traffic. Operators are advised to pay attention. (36Kr)
9. Xiaomi suppliers will start producing parts in India in the first quarter of next year
On August 7, Holitech, one of Xiaomi's main parts suppliers, officially announced yesterday that it will produce parts in India starting from the first quarter of 2019. The company has signed a memorandum of understanding with Andara Pradesh, India, and plans to officially start its local manufacturing business in Tiruberti City. (E-commerce News)
Cross-border e-commerce
10. Amazon Alexa is testing the new function of "Answer Updates", and will notify users after learning new knowledge
According to the voicebot.ai website, Amazon's Alexa voice assistant is testing a new feature that will notify users after learning new knowledge. When Alexa is asked some questions that he doesn't understand, he will answer "Sorry, I don't understand this question", and the newly launched "Answer Updates" feature will allow Alexa to solve more problems. (Pinwan)
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