#Laogao E-commerce Newsletter# [October 30 E-commerce Morning News Brief] Ant Financial Jing Xiandong: Ant Commercial Bank will serve 30 million small and micro enterprises and self-employed people within three years; this year, the scale of cross-border e-commerce transactions is expected to reach 9 trillion yuan, and overseas shopping standards reach 88 million people; Alipay upgraded the "Tianxia Code Merchant Growth Plan"; Lianhua Supermarket lost another 80.231 million yuan in the first three quarters; Internet companies such as Xiaomi and Suning.com were named by the Ministry of Finance for tax payment issues...

E-commerce newsletter
1. Ant Financial Jing Xiandong: Ant Commercial Bank will serve 30 million small and micro enterprises and self-employed people within three years
Jing Xiandong, Chairman and CEO of Ant Financial, announced at the first Tianxia Code Merchant Conference that the "Tianxia Code Merchant Growth Plan" that helps offline small and micro operators digitally operate will be fully upgraded: in the future, Alipay will provide digital business tools for 100 million small and micro operators; by the end of 2018, the over-collecting and more must cover 50 million code merchants, and the actual reimbursement of outpatient medical expenses for code merchants exceeds 500 million; Ant Merchant Bank will serve 30 million small and micro enterprises and individual operators within three years. (36Kr)
2. Alipay upgrades the "Tianxia Code Merchant Growth Plan": Provides digital business tools for 100 million small and micro operators
On the evening of October 29, at the first Tianxia Code Business Conference, Ant Financial Chairman and CEO Jing Xiandong announced that the "Tianxia Code Business Growth Plan" that helps offline small and micro operators operate digitally will be fully upgraded: in the future, Alipay will provide digital business tools for 100 million small and micro operators; by the end of 2018, it will cover 50 million code merchants, and the actual reimbursement of outpatient medical expenses for code merchants exceeds 500 million; Ant Merchant Bank's loan service will serve 30 million small and micro enterprises and individual operators within three years. (E-commerce News)
3. Lianhua Supermarket lost another 80.231 million yuan in the first three quarters
Recently, Lianhua Supermarket announced its performance in the first three quarters of 2018. In the nine months ended September 30, 2018, the group achieved operating income of approximately RMB 20.944 billion, a year-on-year increase of 0.43%; operating costs of approximately RMB 16.603 billion, a year-on-year increase of 0.71%; and the net loss attributable to the company's owners was approximately RMB 80.231 million. According to the business plan, Lianhua Supermarket plans to open 205 new stores this year, including 5 new large-scale comprehensive supermarkets and 100 new supermarkets and convenience store specialty stores. At the same time, it will focus on developing boutique supermarkets, community fresh food strengthening supermarkets and new convenience stores. (Lianshang.com)
4. The social e-commerce distribution platform uses Lai Technology to get a million investment from Aoniu Capital
Hangzhou Nalai Technology Co., Ltd. recently received investment from Hangzhou Aoniu Capital. Sun Lihua, founder of Nalai Technology, said that this investment is mainly used to build Nalai community smart distribution system and build a startup team. Nalai Technology was founded in 2018. Its main business is to provide distribution platforms and channels for major e-commerce companies and distribute products through communities and communities. (36Kr)
Internet news
5. Baidu's first batch of autonomous taxis will be launched in Changsha, with a scale of 100 next year
On October 29, Baidu and Changsha reached a cooperation based on the Apollo open platform, and the two parties will jointly build a "demonstration city for collaborative innovation between autonomous driving and vehicle-road".
It is understood that Baidu Apollo will explore new models of intelligent shared travel in designated areas and open roads in Changsha. The first batch of domestic autonomous taxis will be tested and operated in Changsha on a large scale, and the scale is expected to reach 100 vehicles in 2019.
At the same time, Apollon driverless minibus will also be commercially implemented in closed parks and scenic spots to serve passengers in the park. In addition, Apollo will also build an Apollo Bus smart bus demonstration route to promote the intelligent upgrade of public travel. (Titanium Media)
6. Internet companies such as Xiaomi and Suning.com were named by the Ministry of Finance for tax payment issues
On October 30, the "2018 Accounting Information Quality Inspection Announcement" recently released by the Ministry of Finance shows that in the 2017 accounting law enforcement inspection, it was found that the Internet industry has outstanding characteristics such as light asset operation, interweaving of equity and debt investment, separation of management structure and legal entity, and no restrictions on business operations. Some companies have prominent problems such as cross-border transfer of profits and evasion of tax payments. Internet companies such as Xiaomi, Suning.com, and 2345 were named. (Sohu.com)
7. Alibaba Xie Yan: In the future, China's automobile industry will only have two operating systems: AliOS and Android
On October 29, AliOS chief architect Xie Yan proposed, "Automobiles will be the next mobile smart terminal, and the operating system will become the core component. Its integrity, security, and ecological richness are the key to determining future development." He believes that in the future, there are only two types of OSes that China's automobile industry will open up services to the outside world: one is the operating system AliOS, which is independently developed from the bottom of the car driving scenario; the other is other OSes based on Android and other modifications. (Chuangyebang)
8. Suning Internet has obtained a commercial license for virtual operators, with a total of 22 virtual operators holding licenses
Yesterday, it was learned from the Ministry of Industry and Information Technology that Suning Internet has obtained a formal commercial license for virtual operators. This means that there are currently 22 domestic companies that have become formal virtual operators. Up to now, 22 virtual operators that have obtained official commercial licenses include: Snail Mobile, Aishde, and Hongdou Telecom. People from the China Academy of Information and Communications believe that these companies have passed the test of pilot transformation and can attract more resource investment, concentrate on business innovation and marketing promotion, and will promote the development of the mobile resale industry to a higher level. (Shanghai Securities News)
Cross-border e-commerce
9. This year, the scale of cross-border e-commerce transactions is expected to reach 9 trillion yuan, and the overseas shopping standard reaches 88 million people
According to iMedia Consulting data, the scale of cross-border e-commerce transactions in China is expected to reach 9 trillion yuan in 2018, and the number of overseas shopping users in China will reach 88 million. Analysts of iMedia Consulting also predict that with the popularity of mobile Internet and the rise of global consumption concepts, users' demand for high-quality cross-border e-commerce will increase, and the scale of overseas shopping users will continue to expand. (Southern Metropolis Daily)
10. Amazon donates more than $100 million through Amazon Smile charity project
On the evening of October 29, Amazon announced today that it has donated more than $100 million to consumers designated charities since 2013. However, Amazon did not disclose which organizations received donations, but said that the organizations that received donations were legally recognized charities, including hospitals and humanitarian organizations.
In 2013, Amazon launched the "Amazon Smile" charity project. Without additional burden on consumers, donate 0.5% of consumer shopping (deducting freight, packaging, service charges and taxes) to consumers' designated charities. Currently, the charity project covers the United States, the United Kingdom and Germany. (E-commerce News)
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