#Laogao E-commerce Newsletter# [September 6 E-commerce Evening News]

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on September 6] JD.com announced the number of PLUS members for the first time; Cainiao’s green plan was released, and the logistics industry achieved full process coverage of the circulation box for the first time; Baidu responded to Liuliu’s complaints: apologized and offline related visa agency advertisements; Daily Youxian completed a new round of US$450 million in financing; Ctrip responded to a gang’s online fraud in the name of Ctrip: no cooperative relationship, and has called the police...

　　E-commerce newsletter:

　　1. JD.com announces the number of PLUS members for the first time

　　On September 6, after Amazon announced its global membership of over 100 million after 13 years of its Prime membership launch in April this year, JD.com also announced the scale of its paid membership for the first time recently: As of September 6, JD PLUS has more than 10 million members (only Mainland China, excluding Hong Kong, Macao, Taiwan and overseas regions). (E-commerce News)

　　2. Daily Youxian completes a new round of financing of US$450 million

　　On September 6, fresh food e-commerce Daily Youxian announced that it would complete a new round of financing of US$450 million. This round of financing was led by Goldman Sachs, Tencent, Times Capital, and Davis Selected Advisers, Poly Capital participated in strategic investment, Glade Brook Capital and Huaxing New Economic Fund participated in joint investment, and old shareholders Tiger Global and Sofina continued to follow up. Wang Jun, partner and CFO of MissFresh, said that this round of financing is mainly used for strategic investment in upstream supply chain development, national cold chain logistics infrastructure construction, and smart retail technology. (E-commerce News)

　　3. Cainiao’s green plan is released, and the logistics industry has achieved full process coverage of the circulation box for the first time

　　Cainiao released the latest results of a green action today, creating the world's first full-category "green warehouse" for all categories. This is the first time that the logistics industry has achieved full-process coverage of the circulation box. Through the delivery model of circulating boxes and original boxes, 0 tapes, 0 fills, and 0 new cartons are achieved, which promotes cost reduction and efficiency improvement, and achieves environmental protection and commercialization at the same time. (Pinwan)

　　4. Baidu responded to Liuliu's complaints: apologize and offline related visa agency advertisements

　　Regarding the situation where the writer Liuliu posted on Weibo that she searched the address of the official website of the US Consulate in Shanghai on Baidu, the number of people she searched for was a fraud ad, and the first one on Google was the address of the official website of the US Consulate in Google. Baidu responded that it expressed its sincere apology to Liuliu and its users. In response, Baidu also said that in order to better improve the user experience, Baidu will launch advertisements related to "Shanghai American Consulate" and other advertisements, and will protect the official website of the Shanghai American Consulate and related brand terms. (Sina)

　　5. Chuan Yunji Wedian seeks to list on the Nasdaq in the United States: no comment

　　On the morning of September 6, Reuters quoted sources familiar with the matter as saying that China's e-commerce Yunji WeShop has authorized Morgan Stanley, Credit Suisse and JPMorgan Chase to take the lead in seeking listing on the Nasdaq in the United States in early 2019, and hopes to obtain a valuation of US$7-10 billion through its IPO. Sources said the company had broken even in 2017, expected to make a profit in 2018, and planned to raise about $1 billion in the IPO. The source added that Yunji has more than 35 million active users. Representatives for Morgan Stanley, Credit Suisse and JPMorgan Chase declined to comment. (Lianshang.com)

　　Internet Information

　　6. Fuzhou: Online ride-hailing companies must set up 24-hour complaint service agencies

　　In response to the security management loopholes exposed by Didi platform, the Fuzhou Municipal Road Management Office and the Municipal Transportation Comprehensive Law Enforcement Detachment recently interviewed 11 online ride-hailing platforms in Fuzhou, requiring each platform to set up service agencies locally, improve the complaint handling mechanism, transmit data in full and complete, and at the same time accelerate the cleaning of non-compliant vehicles and drivers. The platform should set up a local service agency to coordinate with the 12328 Complaint Center to actively cooperate and promptly handle online car-hailing passenger complaints and help. (Fuzhou Daily)

　　7. Adjust strategic planning. Xiaogou Electric Appliances intends to terminate its listing on the New Third Board.

　　According to September 6, Xiaogou Electric Appliances announced yesterday that it plans to apply for termination of listing on the New Third Board. Xiaogou Electric said that due to the need for long-term strategic planning adjustments, it plans to apply for the company's stock to be terminated in the national small and medium-sized enterprise share transfer system. The company intends to submit an application for termination of listing to the National Small and Medium Enterprises Stock Transfer System Co., Ltd. within 10 transfer days after the shareholders' meeting review and approval. The specific time for termination of listing shall be subject to the time approved by the National Small and Medium Enterprises Stock Transfer System Co., Ltd. (Yibang Power)

　　8. Mobike announced its withdrawal from Manchester, UK

　　According to news on September 6, it was reported that Mobike recently announced that it will withdraw from Manchester City, England due to theft and intentional damage of a large number of bicycles. According to the British Guardian website, the reason why Mobike withdrew from Manchester was theft and damage caused by shared bicycles to prevent the company from continuing to operate normally. Manchester has also become the first city in the world to withdraw due to severe damage to bicycles. (E-commerce News)

　　9. Ctrip responded to a gang's online fraud in the name of Ctrip: No cooperation relationship, has called the police

　　On the afternoon of September 6, Ctrip posted on its official Weibo account, saying that Yuhui Weiyou Media Co., Ltd., its main person in charge, Jiang Luoluo, and any personnel in the gang have no cooperative relationship with Ctrip. Ctrip will not bear any legal consequences arising from the above-mentioned entities and their actions. (NetEase Technology)

　　Cross-border e-commerce

　　10. Apple and Amazon will launch the "buy, buy, buy" mode at the Toronto Film Festival

　　Variety shows learned that this week, at least one of the heads of Apple's entertainment program Zack Van Amburg and Jamie Erlicht will go to the Toronto International Film Festival to buy film and television works to fill the gap for entertainment services that still lack content. In addition, the head of Amazon Studios, Jennifer Salke, who joined the company earlier this year, will also fly to Toronto as a potential buyer for the first time. (interface)

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