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#Laogao E-commerce Newsletter# [E-commerce Morning News on September 28]

2018-09-28

  #Laogao E-commerce Newsletter# [E-commerce Morning News on September 28] JD announced the details of Double 11: traffic distribution adopts a horse racing mechanism; JD and Qumei launch their second store to add AI shopping guide functions; Suning prepares for Double 11, 1,500 merchants take the oath to the platform, and sell more than 10 million yuan and get a commission of 1%; JD Thailand e-commerce platform is officially launched on the 28th...

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  E-commerce newsletter:

  1. JD.com announces Double 11 rules: traffic distribution adopts a horse racing mechanism

  According to September 27, JD.com recently held 11.11 merchant conferences in major regions across the country to preach the investment rules and participation methods of this promotion. It is understood that this year's 11.11 JD Global Goods Festival will enter the warm-up period on October 20, and the special session will officially start on November 1. The big promotion lasted until November 15, with three days from November 10 to 12 being the climax period. (Yibang Power)

  2. JD.com and Qumei will launch its second store to add AI shopping guide function

  Qumei JD Home North Fifth Ring Flagship Store (hereinafter referred to as the "flagship store") officially opened today. This is the second store that the two parties have landed after the "Fashion Life Experience Hall". According to Hu Shengli, senior vice president of JD Group and president of JD Mall Fashion Life Business Group, compared with the first store, the flagship store has more than 20 black technologies, and new functions such as immersive mirror, Mirror+, AI intelligent shopping guide, VR house viewing, etc.

  At the same time, the flagship store creates an "ideal shopping scenario" for home users through the Wanjia system, and connects online and offline data through the Zuchongzhi system. At present, the flagship store has covered more than 30,000 products from more than 150 cooperative brands, and also supports various payment methods such as WeChat mini-programs and scanning code purchases. (Yibang Power)

  3. Suning prepares for Double 11, 1,500 merchants take oaths to the platform, and the commission is rebate for sales exceeding 10 million.

  For e-commerce platforms, taking the open route is much faster than the self-operated route. The rising star Pinduoduo has relied on the opening route of building a platform. Now it has a tendency to crush JD.com, and JD.com, which started with its own business, has embarked on the road of openness.

  On the open platform, Suning.com is considered a senior and has been exploring for 5 years. From September 19 to September 21, at the Double Eleven Merchant Conference held at Suning Headquarters, the number of merchants present exceeded 1,500, including Haidilao, Baicaowei, Laiyifen, Metersbonwe, Anta, Peacebird, Boss, Haier, Gree, Midea, etc. (AI Finance and Economics)

  Internet information:

  4. Hangzhou rectification of housing information release practitioners must have a real name system

  On September 27, the Office of the Coordination Group for the Sustainable and Healthy Development of the Real Estate Market in Hangzhou issued the "Notice on Further Strengthening the Management of Release of Housing Source Information", which requires all real estate brokerage agencies to go through housing verification procedures, obtain unified housing verification codes and QR codes, and the same housing information released by various channels must be consistent, and real estate brokerage practitioners should implement the real-name system requirements. (E-commerce News)

  5. Meituan's first financial report after its listing exceeded 20 billion in half a year

  On September 27, Meituan Dianping released its first financial report since its listing, the 2018 semi-annual report. According to the financial report, as of June 30, 2018, Meituan's transaction amount had reached RMB 231.9 billion, a year-on-year increase of 55.6%, and its operating income increased from RMB 13.8 billion in the same period in 2017 to RMB 26.3 billion in the first half of 2018, an increase of 91.2% over the same period last year, achieving double growth. Its catering takeaway revenue reached 16 billion yuan, a year-on-year increase of 90.9%; its in-store and hotel and tourism business achieved revenue reached 6.8 billion yuan, a year-on-year increase of 44.1%. (E-commerce News)

  6. SF Express and 360 have joined the FTSE A50 index with a total market value of 365.1 billion yuan

  On September 28, FTSE Russell, the world's second largest index company, announced yesterday that it would include A-shares in its global stock index system. The A-share classification is a secondary emerging market, and the inclusion time will begin in June 2019. The FTSE China A50 Index is a flagship index in the FTSE China Index series, and has certain requirements for the market value, free circulation and liquidity requirements of stocks. The components updated in September show that SF Holdings and 360 listed companies have been included. (E-commerce News)

  Cross-border e-commerce:

  7. JD Thailand e-commerce platform officially launched on the 28th

  JD.com Group announced that JD CENTRAL, a Thai online retail platform built with its Central Group, will be officially launched on September 28. JD CENTRAL started trial operations in Thailand on June 18 this year, adopting a sales model that combines self-operated and third-party services similar to JD.com in China. At present, JD Logistics has built three large networks including large items, small and medium items, and cross-border logistics across Thailand, and plans to increase the number of operating warehouses to five by the end of this year. (E-commerce News)

  8. Amazon's new ban on sales at European stations involves multiple products

  Amazon has listed three rows of stores worldwide, with a total of several electronic products (mainly battery headlights) being banned from selling. They are vehicle airbag inflators and airbag assembly, vehicle seat belt and seat belt assembly. All Amazon sites banned products: six models of lithium-ion batteries (14500/16340, 18650/20700/21700/26650). Note that the six models of batteries listed above are prohibited from being sold separately, rather than products sold as accessories. For example, the 18650 battery will be used in the power bank, and the power bank is not among the prohibited sales. (Yien.com)


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