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#Laogao E-commerce Newsletter# [October 31 E-commerce Evening News Brief]

2018-10-31

  #Laogao E-commerce News# [October 31 E-commerce Evening News Brief] Jack Ma posted on Weibo to mourn Jin Yong: If there were no Mr., I don’t know if there would be Alibaba; JD.com’s Home Delivery Plan to cover more than 200 cities in 2019; Pinduoduo began to do pharmaceutical e-commerce; cloud stores came to Tmall and did what Meituan had wanted to do for three years; Taobao officially entered the decoration industry and announced the entry and clearance requirements...

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  E-commerce newsletter

  1. Jack Ma posted on Weibo to mourn Jin Yong: If there were no Mr., I don’t know if there would be Alibaba.

  On the afternoon of October 31, Jack Ma mourned Jin Yong on Weibo today: "It's just because of the word "陈" that makes you live together for half a lifetime. If you don't have a gentleman, I don't know if there will be Ali. The word "陈陈" is given to me by the teacher, and the students will remember it for life. One person in the world, one in the world. The hero has passed away, and the coming will chase him. The road to the world is far away, and the chivalrous will last forever! (Sina Weibo)

  2. JD Home Delivery plans to cover more than 200 cities in 2019

  On October 31, Walmart, JD.com, JD.com and Tencent jointly released the "Annual Report on the Omni-channel Integration Development of China's Retail Supermarkets" for the first time in Beijing. The report pointed out that retail supermarkets have entered a new stage of omni-channel integration and are gradually breaking online and offline boundaries, customer base boundaries, supply chain boundaries, timeliness boundaries, platform boundaries and regional boundaries. It is reported that JD.com has proposed to complete the coverage of more than 200 core areas of cities in 2019, and "Saomago" has been promoted to nearly 400 Walmart stores in more than 180 cities. (36Kr)

  3. Pinduoduo starts to do medical e-commerce

  Recently, a person who claims to be an employee of Pinduoduo has been recruiting in major medical e-commerce groups: "A partner in the hospital e-commerce circle, hereby invites companies with Internet drug trading certificates to settle in the Medical and Health Center." According to the employee, the Pinduoduo "Medical and Health Center" he refers to is the Pinduoduo Health Channel.

  Pinduoduo Health Channel can be seen at the bottom of its product search bar. It currently has three sub-categories: medical family planning, refined Chinese medicinal materials, and contact lenses, including cold spirit, Zuguang San, Shenbao tablets, donkey-hide gelatin and other OTC drugs. (Europe)

  4. Cloud store comes to Tmall and do what Meituan has wanted to do for three years

  It is reported that during this year's Double 11, Tmall Cloud Store will link offline stores through pre-sales, store coupons and other methods to participate. At present, cloud store pre-sale products have appeared in store accounts of brands such as Mark Huafei. "According to the idea, after the customer pays the deposit in the cloud store, the shopping guide can directly view the order on the DingTalk workbench. After the customer pays the final payment on Double 11, the store has goods and can ship them directly from the store. If the goods are out of stock, it can also ship them from other stores or warehouses. The sales volume of the cloud store can be directly calculated into the store's performance." (Yibang Power)

  5. Taobao officially enters the decoration industry and announces access and clearance requirements

  Taobao issued an announcement yesterday, saying that it will add the "Taobao Decoration Industry Management Standards" and at the same time revise the "Implementation Rules for the Release of Unauthorized Products Rules". It is reported that this time, it mainly provides clear regulations on the scope of the decoration industry category; the decoration industry access, clearance and operation requirements; the "Implementation Rules for the Issuance of Unaccessible Products Rules"; and other contents related to the decoration industry; and the requirements for the control of decoration related categories deleted from the original "Taobao Life Service Market Management Specifications". The specification will officially come into effect on November 15. (Yibang Power)

  Internet Information

  6. Ofo begins preparing for bankruptcy restructuring plan

  At present, a large brokerage intermediary agency has entered the market to carry out ofo's bankruptcy and reorganization plan. According to a balance sheet of ofo about half a year ago, at that time, ofo's overall liabilities were 6.496 billion yuan, ofo's total liabilities were 3.65 billion yuan, and the supply chain was 1.02 billion yuan. Ofo officially denied the news of preparing for a bankruptcy and reorganization plan. (interface)

  7. Alibaba Damo Academy upgrades machine-translation technology, supports 48 languages

  On October 31, Alibaba CTO Zhang Jianfeng revealed at the 2018 China Computer Conference that in order to create a better user experience, Alibaba Damo Academy has upgraded machine translation technology to help Chinese and global small and medium-sized sellers on the AliExpress platform automatically translate product details and comments into local languages, and also realize customer service and business consultation for real-time AI language translation.

  It is reported that the translation includes machine translation services in more than 20 languages ​​and 48 languages ​​provided to buyers and sellers, including Russian, Spanish, Turkish, French, and Arabic, covering most countries in Europe, Asia, America and the Middle East.

  Language problems have always been one of the biggest pain points that bother buyers and sellers. A survey by Alibaba's seller side shows that about 96% of small and medium-sized sellers in China and abroad are powerless to small languages, and there is also a lack of translation talents in the corresponding languages ​​around the world. Official data from Alibaba Group shows that with the arrival of Double 11, more than 300 million users are expected to visit AliExpress, a global online trading platform, and the demand for machine translation will double. (Europe)

  8. TikTok: "Nanjing Public Security" interprets privacy policy and may pursue legal responsibility

  On October 31, the article "Tik Tok is peeking at your life" for this morning's WeChat public account "Nanjing Public Security" was published! 》, Douyin stated that the article ignored the legal, general and common sense practices of mobile Internet products, deliberately misinterpreted or concealed relevant facts, and made serious incorrect accusations against Douyin. Douyin reserves the right to hold "Nanjing Public Security" legally responsible. (Sina Technology)

  9. Didi releases user opinions for feedback in the first issue, and hitchhiking is still offline indefinitely

  Didi has previously solicited opinions from the whole society. As of October 30, it has received a total of 111,945 criticisms and suggestions (including 386 English users). Today, it has sorted out the first issue of 20 types of representative issues and responded to the public. These 20 types of problems cover 63% of all user opinions so far, including one-click alarm function, queueing order, inefficient customer service efficiency, inaccurate positioning, and inconsistent payment price with the estimated price. Didi said that hitchhiking is still offline indefinitely. (36Kr)

  Cross-border e-commerce

  10. Chengdu’s first global cross-border e-commerce service resource center officially opened

  According to October 31, Chengdu is becoming a major cross-border e-commerce center with its outstanding international aviation and railway hub functions and port service levels. The reporter learned from the "Inauguration Ceremony of Chengdu Global Cross-border E-commerce Service Resource Center" that the first global cross-border e-commerce service resource center in Chengdu has officially opened. In the future, industry organizations or intermediary institutions with national resources will be introduced to operate on their behalf, attracting a group of international and domestic well-known platforms, supply chains, finance, trade and other cross-border e-commerce companies to gather and develop, and strengthen the support of the Chengdu Global Cross-border E-commerce Service Resource Center. (E-commerce News)


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