#Laogao E-commerce Newsletter# [E-commerce Morning News on September 4] Liu Qiangdong's American lawyer: He is 99% likely to be sued by the police or apologize; JD.com also wants to carry out online car-hailing business? ;Ele.me responded to the interview: it has taken active action to implement various requirements; Meituan responded to employees' fraud involving pyramid schemes and is actively contacting the parties; it is rumored that the new tax policy in the film and television industry has been confirmed, and the rated collection will be changed to accounting check collection...

E-commerce newsletter:
1. Liu Qiangdong's American lawyer: He has a 99% chance of not being sued by the police or apologizing
Last night, Joseph Friedberg, Liu Qiangdong's local attorney in Minnesota, said in an interview that Liu Qiangdong was released unconditionally after being detained, which is extremely rare and seems to be a 99% chance of not being prosecuted. At the same time, the lawyer believes that Liu Qiangdong may eventually receive an apology (from the police) for being arrested. (Phoenix.com)
2. JD.com also wants to carry out online ride-hailing business? !
Jiangsu Jingdong Information Technology Co., Ltd., a subsidiary of JD Group, recently updated its industrial and commercial information and added online car-hailing services in the business scope column. According to the National Enterprise Credit Information Disclosure System, Jiangsu Jingdong Information Technology Co., Ltd. (JD Information) previously had business scopes of ordinary road goods transportation, special cargo transportation, etc., and updated its business scope on August 29 and added new "online appointment taxi operation". (Xie Yiguan)

3. Wahaha’s new product was first launched in Pinduoduo. Industry analysts said: The two have a high degree of overlap in consumer groups.
Recently, Wahaha launched a lactic acid bacteria beverage "Yuyoujun", which was launched in the Wahaha official store on Pinduoduo platform. The price of 100ml×40 bottles is 46.9 yuan for purchase separately, and the price of starting a purchase order is 43.9 yuan. Zhu Danpeng, an analyst at Chinese food industry, said that the consumer groups of Wahaha and Pinduoduo are relatively high in terms of overlap. Wahaha has occupied the market for some middle- and low-income people because of its cheap prices. The mainstream consumer groups of Pinduoduo are consistent with the pricing and positioning of Wahaha products. (Daily Economic News)
4. Alibaba Sports is expected to participate in the commercial development of the Asian Games
On September 3, the reporter learned that Ali Sports has signed a cooperation agreement with the Asia-Australia Council, and Ali Sports will contribute to market development, Asian Games and other aspects. Previously, the Asia-Australia Council and the Hangzhou Asia Organizing Committee signed a memorandum on the transfer of commercial development rights for the 2022 Asian Games in Jakarta. (Source: Beijing Business Daily)
5. Alipay will provide mobile payment services to Chinese tourists in the UAE
September 3 news, according to foreign media reports, UAE payment solution provider Network International announced that it has cooperated with Alipay and will provide mobile payment services to Chinese consumers in the UAE starting from October. Network International will serve as Alipay’s settlement partner and solution provider, and the company provides the N-Genius platform, allowing merchants to implement multiple payment methods on one device. (E-commerce News)
Internet information:
6. Ele.me responded to the interview: It has taken active actions to implement various requirements
On September 4, in response to the interview meeting held by the State Administration for Market Regulation on food safety issues on online ordering, Ele.me responded that it ensures that local branches and agents complete the filing with local regulatory departments in a timely and comprehensive manner; at the same time, the platform has comprehensively investigated the business qualifications of platform merchants. At present, the platform has implemented a three-pronged review of online license identification, offline on-site review and offline third-party institutions for merchant certificates to intercept and eliminate merchants with unqualified qualifications to go online. (E-commerce News)
7. Meituan responds to employees' pyramid scheme fraud and is actively contacting the parties involved
On September 3, Meituan responded to someone's real name reporting that Meituan employees conducted pyramid schemes, saying that it attached great importance to the incident and is currently actively contacting and verifying the situation with the complainant and the respondent. Today, Weibo user Cao Yanni reported Meituan employee Sun Xiaoya with her real name. When she was at work, she introduced the blockchain company KCI to her colleagues and committed pyramid scheme fraud. According to Tencent Security Center, the KCI cultural chain has been marked by 839 people, with three major characteristics: entry fee, recruitment of people, and team remuneration. It is a typical pyramid scheme fraud. (E-commerce News)
8. News says Meituan Dianping has determined that its IPO price is US$46-55.3 billion, and it will be listed in Hong Kong on September 20.
According to the self-media "Unicorns Know Early" news, Meituan Dianping's IPO pricing range is US$46-55.3 billion, and will open a thin spot today and will officially land on the Hong Kong Stock Exchange on September 20. On September 1, Meituan Dianping identified five cornerstone investors, including Tencent, Oppenheimer, Lansdowne, Darsana and Chengtong Fund. The five cornerstone investors will be allocated a total of about US$1.5 billion. (36Kr)
9. The new tax policy for film and television circles is rumored to be determined, and the rated collection will be changed to accounting check collection
Fan Bingbing's whereabouts are still unknown, and the tax reform storm in the film and television industry is becoming clearer. On September 3, 2018, various film and television studios in Hengdian successively received notices from the Taxation Bureau: the periodic fixed quota collection method will be terminated, and the collection method will be changed to audit collection. (Source: AI Finance and Economics)
Cross-border e-commerce
10. Amazon's stock price rose by $235 in August, and its market value increased by more than $110 billion.
According to foreign media reports, in the past August, Amazon, second only to Apple's market value, rose by $235.27 in August, and its market value increased by more than $110 billion. On the last trading day of August, when the U.S. stock market closed on August 31, Amazon's stock price was $2012.71, up $10.33 from the closing price of $2002.38 on the previous trading day, or 0.52%. (techweb)
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