#Laogao E-commerce Newsletter# [E-commerce Evening News on August 15]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on August 15] Alipay face-scanning payment has begun to be commercialized, and application scenarios will be popularized; 50,000 designers have entered Taobao to start a business, and Taobao has become a designer incubation platform; Harrow employees destroy Qingju car locks, Harrow apologizes: Cooperate with the police; Lu Qi serves as the founder and CEO of YC China; Watsons joins hands with L'Oreal to open a beauty concept store...

　　E-commerce newsletter:

　　1. Alipay face-scanning payment begins commercialization, and application scenarios will be popularized

　　On August 15, Alipay announced that after the accumulation of experience and technology upgrade, face-scanning payment has already achieved commercialization and will popularize the solutions of self-service cashier + face-scanning payment in various business scenarios in the next year. "After the pilot projects of KFC, CP Lotus and other scenarios, it can be seen that self-service cashier combined with face-scanning payment has greatly improved the operating efficiency of offline stores and the consumer experience of consumers." (Global Network)

　　2. Watsons joins hands with L’Oreal to open a beauty concept store

　　On August 15, the world-renowned retailer Watsons cooperated with L'Oreal to open a beauty concept store colorlab by Watsons in Shanghai. Watsons plans to add 50 stores of the same type in China this year. According to the financial report of Changjiang Hutchison Industrial Co., Ltd. for the first half of 2018, Watsons, as the main body of retail business, had a gross profit margin of about 20% in China's health and beauty products segment in the first half of the year. (E-commerce News)

　　3. 50,000 designers settled in Taobao to start a business, and Taobao became a designer incubation platform

　　36Kr news, Taobao has long been the best platform for many designers to incubate and start businesses. The number of original design stores opened on Taobao continues to rise, with an increase of 17% in 2017 compared with the previous year, attracting nearly 50,000 designers to start businesses on Taobao. Nowadays, 44% of the independent designers who start businesses on Taobao are young people born in the 1985s, while the "young meat" born in the 1990s and 1/3 of the "young meat" born in the 1995s account for 1/3. (36Kr)

　　4. Social e-commerce Yunji announced the brand upgrade in 2018, significantly optimizing the supply chain

　　36Kr News, Social E-commerce Yunji announced the 2018 brand upgrade, significantly optimizing the supply chain. "Member e-commerce + social retail" continues to be done, but even if you buy something on Yunji, you can enjoy "wholesale price". Through direct brand supply and creating hot products, the price will be reduced while upgrading the cost-effectiveness. (36Kr)

　　5. Ferragamo, a world-renowned luxury brand, joins hands with JD.com to open JD’s self-operated official flagship store

　　JD.com announced a cooperation with the well-known Italian luxury brand Salvatore Ferragamo. Salvatore Ferragamo officially settled in JD.com and opened JD’s self-operated official flagship store, which will be the brand’s largest online exclusive sales channel in China. The business categories of this official flagship store include shoes, leather products, silk fabrics, accessories and other products from the Salvatore Ferragamo brand. (36Kr)

　　Internet Information

　　6. Harrow's employee destroys Qingju car lock, Harrow apologizes: Cooperate with the police

　　Regarding the recent media reports that Harrow employees cut off dozens of Qingju bicycle locks, Harrow bicycle issued an announcement stating that it deeply apologized for the incident. At the same time, Harrow Bicycle said that the company will actively cooperate with the police's work and promptly announce new progress. Regarding this matter, Harrow Bicycle issued a statement saying that it deeply apologized for the incident. (Sina)

　　7. Lu Qi serves as the founder and CEO of YC China

　　On August 15, entrepreneurship accelerator Y Combinator announced its official entry into China today; Lu Qi served as the founder and CEO of YC China and served as the dean of YC Global Research Institute. The accelerator investment institution, founded in 2005, has incubated more than 1,900 startups with a total valuation of $100 billion. (E-commerce News)

　　8. LeTV quickly rose to the daily limit in the morning. Evergrande FF announced its grand future plans

　　LeTV rose rapidly in the early trading to hit the daily limit at 2.39 yuan, with a turnover of more than 100 million yuan. On the news front, on the afternoon of August 14, Evergrande Faraday Future Intelligent Automobile (China) Group was unveiled. Peng Jianjun, vice president of Evergrande High-tech Group, vice chairman of Evergrande Health and chairman of Evergrande Faraday Future, announced Evergrande FF's grand future plans on the spot. (Chuangyebang)

　　9. Xinhua News Agency: Some online short-term rental platforms actually have "photo fraud"

　　It is the peak of summer tourism, and booking through convenient and fast online short-term rental platforms has become the choice of many tourists. "Xinhua Viewpoint" reporters found that some short-term rental houses are seriously inconsistent with the information such as locations and room conditions published on the platform, and some facilities are outdated and operated without a license, which poses a variety of safety hazards. Some online short-term rental platforms do not strictly control housing resources, and they can register and publish them in just a few simple steps. (Chuangyebang)

　　Cross-border e-commerce

　　10. iMedia released the "China Cross-border E-commerce Industry Monitoring Report in the First Half of 2018", and NetEase Koala ranked first in the market for six consecutive times

　　On August 14, 2018, iiMediaResearch, the world's leading data mining and analysis agency for the new economy industry, authoritatively released the "China Cross-border E-commerce Industry Monitoring Report for the First Half of 2018". The report shows that in the first half of 2018, NetEase Koala surpassed Tmall International with a market share of 26.2%, ranking first in cross-border e-commerce market share for six consecutive times. Analysts of iMedia Consulting believe that NetEase Koala has a good reputation and a huge user base with its ability to provide high-quality products. (Hugo.com)

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