#Laogao E-commerce Newsletter# [E-commerce Morning News on September 13]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on September 13] Ant Financial responded: The quota adjustment policy has affected fewer users; JD.com revised the rules for group purchase to adjust the content of store naming restrictions; AliExpress: Merchants will be cleared if they are not real discounts, Double 11; Meituan Dianping will set the price today and go to Hong Kong to go public on September 20; Best Logistics sued ofo: due to a dispute over highway freight transportation contract, the court will be held today...

　　E-commerce newsletter:

　　1. Ant Financial responded: The quota adjustment policy has fewer users affected

　　Regarding the recent announcement of Yulibao's announcement to adjust the daily T+0 quick redemption limit to 10,000 yuan, Ant Financial responded on September 12 that the new quota adjustment policy has affected fewer users and will not affect the product experience of most users. Ant Financial said, "Yu Libao is a cash management service specially provided for small and micro enterprises and small and micro operators. Its main function is to support the capital turnover of small and micro businesses and allow small and micro businesses to have certain profits for short-term idle funds." (Beijing News)

　　2. JD.com revises group purchase rules to adjust store naming restrictions

　　According to September 12, JD recently revised the "JD Open Platform Purchase Business Management Rules". It is reported that this time, the content restricted in the naming of group shopping stores has been mainly adjusted. The new rules will take effect on September 17.

　　Among them, the added group shop names shall not contain: content that damages the public interests of the state and society and national dignity, content that contains feudal cultural dregs, political influence, content that violates ethnic minority customs or ethnic discrimination or other content that violates public order and good customs, content that may cause deception or misunderstanding to the public, or cause adverse psychological reactions to the public, content that names of foreign countries (regions)/international organizations, name of domestic political parties, name of party, government and military organs, name of mass organizations, name of social groups and military units, name of national leaders and older generation revolutionaries, as well as content that contains indecent words such as uncivilized/low-level/vulgar. (Yibang Power Network)

　　3. AliExpress: Merchants will be cleared if they are not real discounts

　　September 12th news, at the Alibaba Global AliExpress Strategy Press Conference held in Hangzhou today, Zhu Jilang, head of AliExpress platform marketing, delivered a keynote speech on "Lighting up the world - AliExpress 2018 Double 11 Gameplay". A very important point this year is that this year's Double 11 Global Shopping Festival is not only AE, but also Cainiao, Ant Financial, etc., but Alibaba's entire ecosystem. The UC browser that has just reached a strategic cooperation in Southeast Asia and other Alibaba ecosystems will participate in the Double 11 process and link with AE. They will bring new payment solutions and new traffic. More importantly, they will connect local traffic and data with us to truly realize a carnival of globalization.

　　At the same time, every big promotion node is the upgrade and gameplay of products, gameplay and various merchant tools. After Double 11, there are more tools and gameplay for everyone to use. There are more upgrades and improvements in both the data-based product selection capabilities, drainage capabilities and the ability to carry out data. (Yibang Power Network)

　　4. Best Logistics sued ofo: due to a dispute over highway cargo transportation contract, court will be held today

　　Some media reported that due to a dispute over highway freight transportation contract, Best Logistics Technology (China) Co., Ltd. sued of ofo's operating entity Dongxia Datong (Beijing) Management Consulting Co., Ltd. The court date is September 13. In response, Best Logistics did not respond, and ofo said it would handle it in accordance with legal procedures. (Penguin)

　　5. JD.com will launch the first launch of new products in the official Apple

　　After Apple's new product was released, JD.com was the first retailer in China to obtain an iPhone online sales authorization and the largest Apple authorized retailer in China. This time, JD.com will simultaneously launch the first launch of new products at the same time as Apple. At the same time, JD.com has created the "Jingxiang Worry-free" service for the first launch of Apple's new product. (Tencent)

　　Internet information:

　　6. Meituan Dianping will set the price today and will be listed in Hong Kong on September 20

　　According to the news on September 13, according to the news of "Unicorns Early Knowing", Meituan Dianping will set a price today and will be listed in Hong Kong on September 20. In addition to the subscriptions of Tencent, Oppenheimer, Lansdowne, etc. as cornerstone investors, Hillhouse Capital also confirmed orders, and Tiger Fund also actively participated in the subscription. According to the prospectus, as of the first four months of 2018, Meituan achieved operating income of 15.824 billion yuan, exceeding the annual operating income of 13 billion yuan in 2016, and close to half of the annual operating income of 33.9 billion yuan in 2017. (E-commerce News)

　　7. Huawei prepares to establish a 5G network in Russia

　　On September 13, Lin Ruiqi, senior vice president of Huawei Technologies Co., Ltd., pointed out in an interview that Huawei is preparing to establish a 5G network in Russia, and the project is now being carried out in an experimental manner in Kazan City. She said Huawei is ready to actively participate in the implementation of the "Russian Federation Digital Economy" national development plan. Of course, it was only after the tasks in the national development plan of the "Digital Economy of the Russian Federation" were more specifically determined. (E-commerce News)

　　8. People's Daily approved "Playing volume is king": Good content is the confidence to speak for video products

　　An article from the People's Daily pointed out that the platform's withdrawal of playback data has made it "unlimited to browse", which can force video producers to focus more on content and word of mouth. Video producers are more conscientious and less opportunistic, video website platforms are more fair and less sensational, so that the audience can return to calm thinking and reassuring choices, so that the development of the online video industry can have a bright future. (36Kr)

　　9. Tencent repurchased shares for HK$38.59 million for four consecutive trading days

　　On the evening of September 12, Tencent (0700.HK) issued an announcement saying that it would repurchase 125,000 shares of the company's shares, with a price of HK$306 to HK$312 per share, with a total amount of HK$38.5983 million.

　　Previously, Tencent had repurchased shares for three consecutive trading days. (Titanium Media)

　　Cross-border e-commerce:

　　10. Alibaba AliExpress announced that the cumulative number of overseas buyers exceeded 150 million

　　Alibaba AliExpress announced today that the cumulative number of overseas buyers exceeded 150 million. In April last year, the cumulative number of AliExpress buyers exceeded 100 million. As of now, the platform has added 50 million new users. Official data shows that AliExpress currently ranks first in the number of shopping APP downloads in more than 100 countries around the world, and more than 200 million consumers visit AliExpress every month worldwide. (36Kr)

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