#Laogao E-commerce Newsletter# [October 19 E-commerce Evening News Brief]

　　#Laogao E-commerce Newsletter# [October 19 E-commerce Evening News Brief] IKEA e-commerce services are open: the first batch of support 35 cities; Tmall releases the 2018 Double 11 store credit purchase investment rules; WeChat "nearby mini program" adds a category index; JD launches the Double 11 Global Good Products Festival to link 600,000 offline stores; Jack Ma: Money cannot solve everything, because there is an ideal, there is a future

　　E-commerce newsletter

　　1. IKEA e-commerce service opens: the first batch of support for 35 cities

　　Recently, IKEA suddenly opened e-commerce services to 35 cities in China. Of course, the official said that this is just a "trial operation". These cities cover five provinces and cities, namely Anhui, Jiangxi, Jiangsu, Shanghai and Zhejiang. In addition, IKEA has also given a list of cities that will open e-commerce services in the future, covering most parts of the country. (Tencent.com)

　　2. Tmall releases investment rules for the 2018 Double 11 store credit purchase activity

　　On October 19, Tmall released the investment rules for the 2018 Double 11 store Youxiang Credit Purchase Event. It is reported that the store Youxiang Credit Purchase is a new interactive shopping experience model created by Alibaba’s new retail in Double 11 in 2018. That is, through the store shopping guide, we recommend Youxiang event hot products/in-depth inventory payments to customers entering the store. If the customer's Sesame Credit score is ≥750 points, he or she has the opportunity to pay a deposit of 1 yuan on site to take away the product. At the same time, create more diverse marketing plans and channels for brands and stores to be exposed. (E-commerce News)

　　3. Add a new category index for WeChat’s “Nearby Mini Programs”

　　On October 18, WeChat’s “Nearby” mini program has been quietly revised, and functions such as category indexing have been added. Users can classify in the homepage navigation bar of the “Nearby Mini Program” and directly find nearby merchants under different categories. After testing, the homepage navigation bar of the "Nearest Mini Programs" can currently display more than 10 first-level categories, including shopping, food, travel, education schools, beauty, life services, leisure and entertainment, sports and fitness, parent-child, companies, enterprises and medical care, etc. After users click on the first-level product category, they can also see more detailed second-level category categories, and the index categories seen by different users are also different. According to people familiar with WeChat, there are 18 first-level categories in "nearby mini programs" and more than 200 second-level categories. (Yibang Power)

　　4. Alibaba explains the 2 billion investment in 1919: Wine and drink are very suitable for new retail layout

　　Yesterday, 1919 issued an announcement stating that it had recently received a strategic investment of 2 billion yuan from Alibaba Group, with Alibaba holding about 29% of the shares, becoming the second largest shareholder in 1919. Hu Weixiong, president of Tmall Fast Consumer Business Department, said that alcohol is an important part of Alibaba Fast Consumer Business, and the penetration rate of many categories has reached more than 40%, but alcohol is very low. Alibaba is comprehensively promoting the "five new" strategy, including new retail. The wine and beverage industry is a trillion-dollar market, which is very suitable for the layout of new retail. (Tencent First-line)

　　5. JD.com launches the Double 11 Global Good Products Festival to connect 600,000 offline stores

　　On October 19, at the launch conference of the "2018 JD Global Good Products Festival" held today, Xu Lei, CMO of JD Group and rotating CEO of JD Mall, said that this year, JD.com 11.11 focuses on the core demands of consumer quality consumption in the new era, relying on the advantages of retail infrastructure, continuously and deeply integrates internal and external resources, and is committed to using online and offline, internal and external shopping experiences to create a "new standard" for consumer services in the retail industry in the new era. (Yibang Power News)

　　6. Alibaba and SenseTime jointly set up an artificial intelligence laboratory in Hong Kong

　　On October 19, the Hong Kong Artificial Intelligence and Data Laboratory jointly established by Alibaba, SenseTime and Technology Park was officially launched this month. The first batch of 7 startups were selected for their accelerator plans and entered the laboratory, covering urban planning, Internet celebrity marketing, financial technology, social networking, etc. The lab has a startup accelerator program, and each selected AI startup can be supported by $100,000 in startup capital, cloud computing and artificial intelligence resources provided by Alibaba Entrepreneurs Fund. (E-commerce News)

　　Internet news

　　7. Jack Ma: Money cannot solve all the world because there is a future.

　　On October 19, the 2018 World VR Industry Conference was held in Nanchang. Jack Ma delivered a speech saying that if all the conditions are perfect, what else should entrepreneurs do? If money can solve everything, banks can do everything. Only with imagination, ideals and responsibilities in this world, can the world have a real future. (IT Home)

　　8. Hello Travel announces access to Didi Travel

　　On October 19, today, the mobile travel platform Hello Travel announced that it has officially connected to Didi Travel, and launched Didi taxi business in 81 cities across the country, including Beijing, Hangzhou, Wuhan, Guangzhou, Xiamen, Dalian, Xi'an, Zhengzhou, etc., including Shanghai, Chengdu and Nanjing, which were first piloted on October 11. Through the updated Hello Travel APP or the "Taxi" entrance on the Hello Travel Alipay mini program, users in 81 cities across the country can easily use one-click taxi-hailing to experience online taxi-hailing services. (E-commerce News)

　　9. Secretary-General of China IoT: The scale of e-commerce logistics market continues to expand

　　Cui Zhongfu, Vice President and Secretary-General of the China Federation of Logistics and Procurement, said at the China (Sichuan) E-commerce Development Summit that in 2018, e-commerce logistics will continue to maintain a growth trend, the market size will continue to expand, the market structure will continue to optimize, and the quality and efficiency will continue to improve. Among them, supply chain integration, digital transformation and internationalization are worth paying attention to. Cui Zhongfu emphasized that e-commerce is an important part of the digital economy and is one of the most active and concentrated forms of the digital economy. (China Logistics and Procurement Network)

　　Cross-border e-commerce

　　10. Amazon sets up a new R&D center in the UK, planning to recruit 1,000 talents

　　On October 19, Amazon announced this week that it will open a new office in Manchester, UK and invest in the UK, recruiting 1,000 new R&D talents. Amazon's Manchester office will be operational in 2019, with the office that can accommodate 600 employees. Amazon will also recruit new employees in Edinburgh and Cambridge. In both places, Amazon experts are currently working on work related to machine learning, drones, and artificial intelligence assistant Alexa. (Chuangyebang)

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