#Laogao E-commerce Newsletter# [E-commerce Evening News on August 24]

　　#Laogao E-commerce News# [E-commerce Evening News Brief on August 24] JD.com issued an anti-corruption announcement: Several employees involved in the case of JD.com were criminally detained; Hong Kong Sasha promoted Taobao’s exclusive shelves for global shopping; SF Express’s new business revenue in its 2018 semi-annual report has reached 16%; Alibaba established Hema Company in Hangzhou? Hema has not responded yet; Huawei responded to being banned from Australia into the 5G market: taking all possible legal measures...

　　E-commerce newsletter:

　　1. JD.com issued an anti-corruption announcement: Several employees involved in JD.com were criminally detained

　　On August 24, JD.com’s official anti-corruption WeChat official account "Integrity JD.com" released the "JD Group Anti-Corruption Announcement", announcing 16 typical cases of anti-corruption by JD.com. In addition, JD.com also stated that it has "zero tolerance" for corruption, and any person involved in corruption will be announced by real-name, and each time it is investigated and punished will be announced. (Webmaster's Home)

　　2. Hong Kong Sasha promotes Taobao exclusive shelves, and nearly 200 global good products are awesome to Hong Kong people

　　On August 22, 2018, Taobao Global Shopping announced a strategic cooperation with Sasha International Holdings Co., Ltd. to create a new retail model that is linked online and offline through brand co-promotion and exclusive shelves, bringing consumers a better shopping experience. As a overseas shopping consumption platform under Alibaba, Taobao Global Shopping connects tens of thousands of active buyers and hundreds of millions of consumers. It has huge advantages in big data product selection, supply chain integration, content marketing, etc. This time, it cooperates with Sasha to create a new retail model. Sasha will open exclusive shelves for Global Shopping in more than 100 offline retail stores in Hong Kong to display and sell currently popular overseas shopping products recommended by the global shopping platform. (Tianxia Online Business)

　　Wei Meng, head of Taobao’s front-end market and Taobao’s global shopping business, and Dr. Guo Shaoming, Sasha International Holdings Co., Ltd.

3. SF Express's new business revenue accounted for 16% in the semi-annual report of 2018

　　According to reports on August 24, SF Holdings announced its first half of the year 2018. The semi-annual report shows that compared with the main revenue contribution point - the timeliness sector, the new business sector composed of heavy goods business, food and pharmaceutical cold transportation business, same-city business, and international business, had a faster revenue growth in the first half of 2018, and its share in total revenue has also continued to increase. At present, the proportion of new businesses has reached 16.19%. (Yibang Power)

　　4. In the first seven months of 2018, the total e-commerce logistics business volume maintained rapid growth of more than 30%.

　　According to reports on August 24, the e-commerce logistics index jointly surveyed by China IoT and JD.com showed that from January to July this year, the average total business volume index from January to July was 134.6 points, and the average rural business volume index was 133.1 points. The total business volume and rural business volume scale maintained a rapid growth of more than 30%. Driven by the demand for e-commerce logistics, the total logistics volume of units and residents' goods increased by 26.7% year-on-year from January to July, a growth rate of 19.8 percentage points higher than the total social logistics volume. (E-commerce News)

　　5. Alibaba established Hema Company in Hangzhou? Hema has not responded yet

　　On August 23, Alibaba recently registered and established Hema Company in Hangzhou. Through Qichacha, the newly registered company name is Hangzhou Hema Network Li Technology Co., Ltd., with the establishment date of August 16, and the legal person is Hema founder Hou Yi personally. Regarding this, Lianshang.com asked the relevant person in charge of Hema, but no reply has been made as of press time. (Lianshang.com)

　　Internet Information

　　6. Alibaba Cloud: It will help Chongqing build "Asia's smartest large city"

　　On August 24, at the 2018 Yunqi Conference and Chongqing Summit, Alibaba Cloud President Hu Xiaoming said that he will help Chongqing build "the smartest large-scale city in Asia" from the fields of intelligent transportation, intelligent manufacturing, intelligent cars, intelligent finance, intelligent services, and intelligent talents. He said that Alibaba Cloud will fully integrate into Chongqing's intelligent construction by providing innovative cloud computing, artificial intelligence, Internet of Things and blockchain. At the 2018 Yunqi Conference and Chongqing Summit, the Chongqing Municipal Urban Management Committee and Chongqing Jiangbei Airport announced that they are cooperating with Alibaba Cloud to apply artificial intelligence to urban traffic management and smart airport construction. (Quick Technology)

　　7. Huawei responds to Australia's ban on providing 5G technology: Take all possible legal measures

　　Recently, Huawei Australia's official Twitter reported that it was informed by the Australian side that Huawei and ZTE have been banned from providing 5G technology to Australia. This is a decision that another consumer is extremely disappointed. Huawei is the world's leading player in the 5G field and has been providing wireless technology safely and reliably in Australia for nearly 15 years. On August 23, Huawei headquarters issued a statement to respond to the matter. Huawei said that the 5G security guide issued by the Australian government, using security as an excuse, ignores the interests of the Australian people, and causes Australian businesses and consumers to bear slow and expensive network connections, but the government's wrong decisions are borne by enterprises and consumers. (Quick Technology)

　　8. Ant Financial: Strictly monitor and investigate over-the-counter transactions involving virtual currencies

　　According to August 24, it was learned from Ant Financial that Alipay will take measures such as restricting account collection functions or permanently restricting collections for personal accounts for suspected virtual currency transactions. Next, Alipay and Ant Financial will continue to closely monitor and investigate over-the-counter transactions involving virtual currencies, and establish a patrol system for key websites and accounts. (E-commerce News)

　　Cross-border e-commerce

　　9. 2018 Amazon Global Store Express Opening

　　Investment in Amazon’s global store opening project has been launched in 2018! At present, 11 major sites including Amazon, the United States, Canada, Germany, the United Kingdom, France, Italy, Spain, Japan, Mexico, Australia and China have been fully opened to Chinese sellers. More than 140 operation centers around the world help Chinese sellers sell their products to more than 185 countries and regions around the world.

　　Conditions for entry:

　　1. A legal, compliant and independently operated company entity registered in Greater China (Mainland, Hong Kong, Taiwan);

　　2. There is no Amazon seller account in the target market;

　　3. The products sold comply with local market regulations;

　　4. Promising to provide high-quality customer service.

　　(Hugo.com)

　　10. Alibaba and Zhejiang Free Trade Zone cooperate to obtain the first beauty and makeup release resources

　　Alibaba and Zhejiang Free Trade Zone jointly announced a few days ago that Alibaba will become the first batch of partners to enter the Zhejiang Free Trade Zone. It is understood that new cosmetics products that have entered the domestic market through general trade have to go through a year's filing cycle. After Alibaba and Zhejiang Free Trade Zone signed a contract, Zhejiang Free Trade Zone will join hands with the Zhejiang Provincial Food and Drug Administration to establish an exclusive park in Zhoushan to provide a full set of policy support for non-special-purpose cosmetics (cosmetics other than functional uses such as whitening and sun protection). For new products registered through Alibaba, it provides a full set of policy support including increasing testing resources, simplifying enterprise registration procedures, and rapid customs declaration and inspection. The new filing cycle can be achieved within 3 months. (E-commerce News)

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