#Laogao E-commerce Newsletter# [October 11 E-commerce Morning Newsletter]

　　#Laogao E-commerce Newsletter# [October 11 E-commerce Morning News Brief] Tmall's new regulations: Tmall stores will be opened to Taobao enterprise store entrances; JD Logistics has enabled smart packaging machines, and the packaging operation efficiency will be increased by 10 times; Qudian's stock price has plummeted by 11.32%; Uniqlo invested 100 billion yen to upgrade logistics automation; online booking and offline scanning of codes to enter, the first smart swimming pool in the country has been launched in Hangzhou...

　　E-commerce newsletter

　　1. New Tmall regulations: Tmall stores will be opened to Taobao enterprise store entrance

　　According to October 10, Tmall will open the entrance to transfer to Taobao enterprise stores. Companies that do not meet the standards for renewal assessment but meet the qualifications can be converted from Tmall stores to Taobao enterprise stores to continue operating. The entrance is expected to be opened on October 18. Whether to convert to a Taobao store is independently selected by the merchant, but the following conditions must be met: (1) Comply with the Taobao store opening rules; (2) The cumulative number of serious violations in 2018 will not exceed 12 points or the cumulative number of general violations will not exceed 48 points; (3) Not in the penalty appeal; (4) It does not belong to tourism, local life services, large pharmacies, complete vehicles (dealers), telephone bill communications; Tmall International and other special business categories; after the merchant transfers from Tmall to a Taobao store, the credit and transaction records accumulated in Tmall operations will be retained. Tmall’s store rating (DSR) will be converted into the corresponding Taobao store’s credit rating through corresponding calculation rules. At the same time, transactions, evaluations, after-sales service and other records will be retained to Taobao enterprise stores according to the rules, and evaluations of unfinished transactions will be directly recorded in Taobao store. (Tmall rules)

　　2. JD Logistics enables intelligent packaging machines, and the packaging operation efficiency is increased by 10 times.

　　In order to welcome the upcoming 11.11 promotion, JD Logistics has officially launched smart packaging machines recently. The equipment applies magnetic levitation technology to the packaging process of warehouse operations. Through advanced technologies such as visual identification, automatic grabbing, automatic matching of packaging boxes, and automatic verification, it greatly improves operational efficiency and makes important innovations and practices in energy conservation and environmental protection. It is estimated that the packaging efficiency of this smart packaging machine is as high as 1,000 packages per hour, which is 10 times higher than traditional packaging operations. (36Kr)

　　3. Qudian's stock price fell by 11.32%

　　According to news on October 11, Qudian (NYSE: QD) stock price fell sharply on Wednesday, reaching US$4.31, a drop of 11.32%, with a market value of US$1.422 billion. According to previous announcements from Qudian, the cooperation between Qudian and Ant Financial will not be renewed after it expires in August, and it is not expected to have a significant impact on the business. However, after the news was released, Qudian's stock price continued to fall. (E-commerce News)

　　4. Fresh Legend received 300 million Series B financing, with a valuation of 3 billion

　　On October 10, Fresh Food Legend announced that it had exceeded 100 stores and completed a B round of financing of 300 million yuan, with a valuation of 3 billion yuan. This is less than 11 months after Fresh Food Legend announced its first round of 200 million financing in November last year. It is reported that this round of financing was actually completed as early as August, with IDG Capital leading the investment, followed by Sequoia Capital, Heiyi Capital and others. (Titanium Media)

　　Internet news

　　5. Online booking and offline scanning code to enter, the first smart swimming pool in the country is located in Hangzhou

　　Recently, two self-service ticket purchase machines and four gate machines appeared in the Hangzhou Swimming Center on Zhongshan North Road. Next to it is the prompt "Scan the QR code to buy tickets and skip the queue, scan the QR code to pass the gate of the reputation app". It is understood that this is an exploration of the intelligent operation of swimming pools by Alibaba's reputation app. "Smart Swimming Pool" focuses on self-service experience. From swimming in the hall to leaving after swimming, the entire experience process, whether it is booking, ticket collection or ticket checking, is entirely done by users using the Word of Mouth App. (Lianshang.com)

　　6. Didi responds that drinking water for a special car is urine: drivers use mineral water bottles to make it easier for passengers to drink it by mistake

　　Regarding the statement that passengers in the special car were drinking urine, Didi responded yesterday that it was verified that the driver could not find the toilet and used a mineral water bottle because he was in a hurry, and placed the bottle in the center console of the cab, causing the passenger to drink it by mistake. "We are extremely sorry for the passenger's experience." Didi said that on the afternoon of the 10th, the staff accompanied the passenger to the hospital for a physical examination. It is reported that the driver has been banned by the platform for violating Didi's service rules. (Penguin)

　　7. LeTV: Jia Yueting's holdings have been judicially disposed of about 22.02 million shares to repay debts

　　LeTV announced that Jia Yueting's holdings have been judicially disposed of about 22.02 million shares to repay debts; as of the end of October, the loan debt of financial institutions is expected to expire is approximately 1.918 billion yuan. (36Kr)

　　8. Uniqlo invests 100 billion yen to upgrade logistics automation

　　On October 10, Uniqlo announced on Tuesday that it will conduct long-term strategic cooperation in logistics with Daifuku Co., Ltd., the statement shows that the cooperation will be carried out from four aspects: introducing the most advanced automation equipment, forming a special team, comprehensively introducing automation facilities, and logistics system development cooperation. Uniqlo said that the cooperation will invest 100 billion yen (about 885 million US dollars) and there is no detailed timetable for the progress of the cooperation. (Yiou.com)

　　Cross-border e-commerce

　　9. Amazon AI recruitment tool is exposed to be gender discriminatory

　　Recently, Amazon machine learning experts have discovered a big problem: their new recruitment engine doesn't like women very much. Since 2014, the team has been developing computer programs that review job seekers' resumes in the hope of mechanizing talent search, according to Reuters, citing five people familiar with the matter. It was revealed that the system would give resumes containing the word "female" a low-star rating. It will also give graduates from two women's universities a downgrade rating. (Sina Technology)

　　10. Amazon plans to hire 2,000 seasonal workers in the United States to welcome the peak sales season

　　On October 10, Amazon announced Tuesday that it will hire more than 2,000 seasonal workers in Colorado to help it fill and deliver orders during the peak of the festival. When the peak season is still one month away, the relevant preparations have begun.

　　These 2,000 positions will be located in Amazon's distribution centers in Aurora and Thornton, Colorado and distribution centers around the city. Applicants can apply online or go directly to a certain area of ​​the company to apply. Amazon said he expects to offer hundreds of jobs on site and promises that seasonal positions may also be "the beginning of a long-term career" and applicants should be people with high school diplomas or equivalent, age 18 and older. (E-commerce News)

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