#Laogao E-commerce Newsletter# [October 17 E-commerce Morning Newsletter]

　　#Laogao E-commerce Newsletter# [October 17 E-commerce Morning News Brief] Alibaba Cloud: Cloud computing has industry focus in the Middle East market; Suning.com divested Suning Store from listed companies; Changchun Changsheng Company was fined and confiscated for 9.1 billion yuan; SF Express test flight: the take-off and landing distance is at least 150 meters, which is conducive to mountain transportation; Luo Yonghao denied the layoffs of Hammer Technology and the heavy capital burden...

　　E-commerce newsletter

　　1. Alibaba Cloud: The Middle East market of cloud computing has industry focus

　　October 17th news, recently, at the Middle East International Communications and Consumer Electronics Information Exhibition, Min Wanli, chief scientist of Alibaba Cloud Machine Intelligence, and Hu Dan, general manager of Alibaba Cloud International Africa, were interviewed on issues such as Alibaba Cloud's internationalization and business development in the Middle East. Min Wanli and Hu Dan said that internationalization is an important strategic direction for Alibaba. There are a lot of opportunities for cloud services in the urban brain areas of the Middle East and Africa, or smart cities, new retail and new energy fields. The Middle East has industry focus, and it also needs to open, especially like Dubai. (E-commerce News)

　　2. Suning.com dives Suning Store from listed companies

　　On October 17, Suning.com announced yesterday that its subsidiaries Suning Xiaodian and Suning International signed an "Investment Agreement" with their three affiliates Great Matrix, Great Momentum and Suning Smart Life. After the agreement takes effect, Suning.com will indirectly hold 35% of Suning Xiaodian's equity, and Suning Xiaodian will be removed from the listed company's merger financial report. This move is expected to increase Suning.com's net profit in 2018 by 303 million yuan. (E-commerce News)

　　3. Coca-Cola first tastes C2B customization, launching exclusive flavors for Tmall Double 11

　　Coca-Cola revealed that it will launch a customized exclusive production line for Tmall Double 11. The Coca-Cola Changshuang Love Series Customized Gift Box will be exclusively available for Tmall, with a global limited edition of 30,000 bottles. Starting from October 20, it will be available for pre-sale at the official flagship store of Coca-Cola, and consumers can customize it according to their favorite tastes. Coca-Cola said that this is also the first time that Coca-Cola has been electrocuted and customized C2B. (Lianshang.com)

　　4. Suning Logistics upgrades precise delivery products to "reach on time"

　　On October 16, Suning Logistics announced the comprehensive upgrade of precise delivery products to "reach on time", which includes four aspects: expanding the service scope, creating service benchmarks, upgrading service speed, and expanding service categories. The upgraded "on-time delivery" will cover 100 cities across the country, create 28 benchmark cities and sink to districts and counties, and "on-time delivery" and "on-time delivery" will also serve more consumers across the country. (Lianshang.com)

　　5. Test flight of a large-scale drone in SF Express: the take-off and landing distance is at least 150 meters, which is conducive to mountain transportation

　　On October 16, Aerospace Times Electronic Technology Co., Ltd. and SF Holding Co., Ltd. jointly carried out a demonstration flight test of Feihong-98 large logistics drone based on logistics operation scenarios at a flight test base in Inner Mongolia Autonomous Region. SF Express revealed that the development of the drone is based on the Y-B transport aircraft, with a cruise speed of 180 kilometers per hour, a maximum range of 1,200 kilometers, and a minimum take-off and landing distance of only 150 meters. (Penguin)

　　Internet news

　　6. Luo Yonghao denied that the layoffs of Hammer Technology and heavy financial burden

　　On October 16, in response to the media's article "The Truth of Hammer's Layout: Multiple Rescue Ways Are Blocked, and the Funding Bears are Heavy", CEO of Hammer Technology, Luo Yonghao responded that the news was fake.

　　Some media reported that the cash available on the account of Hammer Technology in May was only 50 million yuan, and the Nut TNT workstation released on May 15 was not successful, and it still did not ship 5 months after its release. Sources said that "the last straw of Hammer Technology is about to burn out."

　　In response, Razer Technology CEO Luo Yonghao denied this, and Razer Technology executive Wu Dezhou also responded: "Fake, rumor." (Titanium Media)

　　7. Baidu's "Haidian City Brain" is located in Xibeiwang Town to create a capital smart town demonstration zone

　　On October 16, the People's Government of Xibeiwang Town, Haidian District, Beijing signed a cooperation agreement with Baidu. Through Baidu's key technologies such as artificial intelligence, big data, and cloud computing, the two sides will jointly build "Smart Beiwang" and build a new urban form of Zhongguancun Science City. The two sides will work together to create a "model room" for Beijing's smart city.

　　In this specific cooperation plan between Xibeiwang Town and Baidu, the two sides will jointly promote the implementation of multiple "Smart Beiwang" projects, including promoting the construction of the new urban operation management command center in Xibeiwang, promoting smart government affairs cooperation, improving regional smart industry service capabilities, promoting cooperation in social governance, urban management, urban transportation, and other aspects, as well as cooperation in other fields such as environmental protection, fire protection, education, and agriculture. (Titanium Media)

　　8. Changchun Changsheng Company was fined and confiscated RMB 9.1 billion

　　The State Food and Drug Administration and the Jilin Provincial Food and Drug Administration respectively imposed a number of administrative penalties on Changchun Changsheng Company on the 16th. The State Food and Drug Administration revoked the approval certificate for rabies vaccines of Changchun Changsheng Company; revoked the certificate of qualification issued by the biological products involved in the case, and imposed a fine of 12.03 million yuan. The Jilin Provincial Food and Drug Administration revoked its "Drug Production License"; confiscated 1.89 billion yuan of illegally produced vaccines and illegal income, imposed a fine of 7.21 billion yuan of three times the value of illegal production and sales, and a total of 9.1 billion yuan of fines and confiscations; 14 directly responsible supervisors and other directly responsible persons involved in the case were imposed administrative penalties that they were not allowed to engage in drug production and operation activities in accordance with the law. If a crime is suspected, the judicial organs shall pursue criminal liability in accordance with the law. (36Kr)

　　Cross-border e-commerce

　　9. Facebook vulnerability affects 3 million European users, and fines may be as high as $1.6 billion

　　On October 17, the Irish Data Protection Commission told CNBC on Tuesday that about 3 million European users were affected by Facebook's security breach in September and their personal information was stolen.

　　Under the regulations, businesses could face fines of up to 4% of their global annual revenue. For Facebook, the fine could be as high as $1.63 billion. Facebook's revenue in 2017 exceeded US$40.65 billion. (Sina Technology)

　　10. Facebook plans to develop camera equipment for TVs

　　On October 17, after launching the smart speaker Portal with a screen, social networking giant Facebook plans to launch cameras for TVs. This camera device is placed on the top of the TV, which can add video call function to the TV and display the Facebook Watch tag, allowing users to watch all the movies and TV shows appearing on the Facebook platform. (E-commerce News)

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