#Laogao E-commerce Newsletter# [E-commerce Evening News on August 28]

　　#Laogao E-commerce News# [E-commerce Evening News on August 28] Tmall has launched new "Meow Supply" to standardize the certification of origin of agricultural products; JD auction specifications: adjust the rules for price reduction and transactions without selling; promotional new method Youzan mini program adds order cashback function; promotional new method Youzan mini program adds order cashback function; FedEx's surcharge adjustment will begin on September 3...

　　E-commerce newsletter:

　　1. Tmall has launched new "Meow Supply" to standardize the origin certification of agricultural products

　　Recently, Tmall released the "Tmall Meow Supply Quality Assurance Specifications". It is reported that Meowing Choice refers to selected agricultural products that meet the standards for high-quality agricultural products from the origin and meet the supply chain control standards. When consumers sign for the product, quality indicators such as product origin, product characteristics, sensory indicators, and high-quality product limits should comply with the quality commitment of the category. Quality commitments can be divided into place of origin and other quality commitments. Consumers can check their quality commitments through the product details page "Selected Results". Products with the "Meow Merchant" logo on the product details page can obtain corresponding quality assurance. Once the merchant should fulfill the Meow Merchant quality commitment but fail to fulfill it, the following compensation will be required to make to the consumer:

　　1) If the consumer receives a product's origin that does not match the promised product's origin, the merchant must return the actual transaction amount of the product to the consumer and pay the consumer ten times the actual transaction amount of the product as compensation;

　　2) Except for the above circumstances, if the proportion of other individual quality commitments does not match the proportion exceeding 20%, consumers do not need to return the goods and can receive a full refund;

　　3) If each compensation scenario is triggered at the same time, it will be implemented with the highest compensation standard. (Tmall rules)

　　2. JD auction specifications: Adjust the rules for price reduction and transaction reduction

　　On August 28, JD.com recently issued an announcement on the revision of the "JD.com Mall Bidding Business Management Standards". It is reported that this time, the content related to price reduction and transaction and non-sale in the "JD Mall Bidding Business Management Standards" was revised. The adjustment part was released on August 23, 2018 and effective on August 30, 2018. The specific revisions are as follows: (Yibang Power)

　　3. New method for promotion and new order cashback function for Youzan mini program

　　Youzan Mini Program recently launched an order cashback function. Order cashback is a marketing ability that encourages consumers to place orders multiple times during the event or increase the average customer price by setting cashback discounts. At present, this function only supports the participation of products in the entire store. For merchants who have cash back needs for a single product or a certain product category, they need to communicate with the Youzan product team for specific usage scenarios. (Yibang Power)

　　Internet Information

　　4. Alibaba and Qiming jointly invested in Tanji Technology with 40 million yuan

　　According to August 28, "Tanji" completed a 40 million yuan Series A financing in July 2018, and was jointly invested by Alibaba and Qiming Venture Capital. Previously, the company received an angel round financing from Jiuhe Venture Capital in June 2016 and received a Pre-A round financing of 10 million yuan in January 2017, led by Jiuhe Venture Capital, followed by Inno Fund, Zhenyun Venture Capital, and Manulife Venture Capital. After this round, the funds will be used for technology research and development, marketing promotion, and the layout of national businesses. (E-commerce News)

　　5. JD Finance launches ABS secondary market liquidity solution

　　Recently, JD Finance’s “ABS secondary market liquidity solution” was officially launched. This solution can improve the communication efficiency between ABS investors and quotation institutions, and thus improve the liquidity of ABS secondary market. The ABS liquidity solution is an important part of JD Finance’s intelligent data solution, which aims to solve the pain points of transaction participants in data acquisition, analysis, interaction, internal and external processes, etc. through technology. (36Kr)

　　6. It is suspected that Xiaomi Youpin leaked user privacy, and senior Mi fans were cheated of nearly 10,000 yuan.

　　Netizens on Weibo and Zhihu both reported that their personal information was leaked and they encountered telecommunications fraud. The victim said that the scammers have always been under the banner of "Xiaomi Youpin customer service staff". The scammer also said that the staff had put netizens on the list of agents because of the mistaken operation, and also told netizens about the benefits of agents: they enjoy 70% to 10% off when buying things. The more they buy, the more they are discounted. If they are not cancelled, they will need 1,000 yuan in agency franchise fees per month. (NetEase)

　　7. Suning Logistics Research Institute Luan Xuefeng: Technology is the way to "simplify military and simplify administration" for logistics companies

　　At the 4th Internet + Logistics Forum, Luan Xuefeng, deputy director of Suning Logistics Research Institute, said that with the implementation and normal operation of many unmanned logistics black technology products such as unmanned warehouses, unmanned vehicles, and drones, the era of unmanned logistics 2.0 is coming. He believes that technology is the way to "simplify the military and simplify the administration" of logistics companies. In Suning, the unmanned legion matrix already includes black technology products such as AGV robots, unmanned heavy truck "Xinglong One", unmanned vehicle "Wolong One", and drones. (36Kr)

　　8. Suzhou interviews Didi: suspends new registration of unlicensed vehicles and personnel on hitchhiking

　　Suzhou Transportation and the public security department held a joint interview with Didi Chuxing Suzhou Branch. The transportation department requires that the Didi platform in Suzhou will suspend new registration of unlicensed vehicles and personnel from now on, further clean up existing non-compliant vehicles and drivers, and report the Suzhou area's fully compliant operation plan and time progress before September 1. Clarify the principle of taking private passenger cars together, immediately suspend all hitchhiking businesses in Suzhou, and strictly prohibit the use of the name of sharing passengers to engage in illegal online ride-hailing services. (Cailianshe)

　　Cross-border e-commerce

　　9. ESG will be exclusively responsible for Lotte Germany's investment in China to recruit only 100

　　According to August 28, ESG and Lotte Germany reached a strategic cooperation. ESG will exclusively be responsible for Lotte Germany's seller investment work in Hong Kong and mainland China. According to Yibang Dynamics, ESG Group officially started its business in 2002. It is currently headquartered in Hong Kong, covering 195 countries and regions including Europe, Australia, Asia and the United States. In October 2014, it officially entered the mainland Chinese market. With its rich overseas resources, it has represented many overseas e-commerce platforms to help the platform find high-quality Chinese sellers. It is reported that with the gradual maturity of e-commerce markets in Germany, France and other regions, Europe's B2C has gradually entered a stage of stable development, with Britain, Germany and France accounting for nearly two-thirds of the market share of European B2C e-commerce, of which Germany accounts for 13.4%. (Yibang Power News)

　　10. The adjustment of surcharge for some FedEx packages will be implemented on September 3

　　Etsy warns sellers: FedEx will implement higher surcharges starting September 3 and will inform sellers how these fees will be raised during the year-end peak season. Etsy's announcement is as follows:

　　Adjustment of federal surcharge: FedEx will increase the surcharge for additional processing and unauthorized packages starting from September 3. The federal government has adjusted the surcharges imposed on overweight and oversized parcels. The increase in surcharge will take effect from September 3, 2018. (Hugo.com)

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