#Laogao E-commerce Newsletter# [November 6 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [November 6 E-commerce Morning News] Jack Ma: From today on, China will become a major importer; JD Logistics’ first all-cargo aircraft successfully sailed for the first time; Beijing Industrial and Commercial Double 11 consumption tips: first rise and then fall, and rights protection must be timely; JD: CIIE will win nearly 100 billion yuan of imported brand products...

　　E-commerce newsletter

　　1. Jack Ma: From today on, China will become a major importer

　　On the evening of November 5, Alibaba Chairman Jack Ma participated in the "Trade and Innovation Parallel Forum" of China International Import Expo. Jack Ma said at the meeting that today is important to China and the world and is a milestone because China is shifting from exports to imports. In the past 40 years, we have focused on exports. We have saved 800 million people from poverty. From today on, China will become a major importer.

　　In Jack Ma's view, this is a major challenge for China and an important opportunity for the world. The reason why it is said to be a major challenge for China is because in the past, "we are very accustomed to exporting", such as many manufacturing companies. Jack Ma believes that China needs $30 trillion in imports every year in the future, which will make many trading companies feel uncomfortable, but it is a good thing for consumers. (E-commerce News)

　　2. JD Logistics' first all-cargo aircraft successfully voyage

　　On November 6, it was learned that at around 7:50 a.m., flight HT3806, which was operated by Boeing 737, took off from Guangzhou, and after about 3 hours of flight, it spanned more than 1,900 kilometers, landed smoothly at Tianjin Binhai Airport. This marks the successful maiden voyage of the first all-cargo aircraft of JD Logistics.

　　The operation of all-cargo aircraft will meet the personalized demands of more merchants and consumers, and improve the national timeliness of one warehouse. The official operation of JD Logistics all-cargo aircraft flights will improve the logistics timeliness between the Beijing-Tianjin-Hebei region and the Pearl River Delta region, realize "night-long journey", better serve the economic and trade exchanges between the two places, and also bring faster logistics service experience to customers in the two places. (Europe)

　　3. Beijing Industrial and Commercial Double 11 consumption tips: First increase and then decrease, and rights protection must be timely

　　The "Double Eleven" online shopping festival is approaching. The Beijing Municipal Bureau of Industry and Commerce reminds consumers to consume rationally, "First increase and then lower the routine, read the promotion rules carefully", "You must be cautious when paying deposits, pay attention to payments", "You must not be less proof-keeping awareness, and rights and interests must be maintained in a timely manner." (China News Network)

　　4. JD.com: The CIIE will win nearly 100 billion yuan of imported brand products

　　On November 5, the first China International Import Expo was grandly held in Shanghai. JD Group announced: During the "CIIE", JD Group is expected to directly sign a contract and purchase nearly 100 billion yuan of imported brand products, with JD Group as the main body. JD.com said that the batch of imported brand products includes internationally renowned brands such as Miji, Boxi Home Appliances, Tiger Brand, Delong, and Marantz, and signed the first high-value order for imported products to enter China. JD Big Data shows that compared with 2016, the number of users of imported brands increased by 37.1%. In terms of the number of imported brand products, the growth rate in 2018 exceeded 150% compared with 2016. The increase in the number of imported goods has significantly exceeded that of domestic goods, indicating that the variety of imported brand goods is becoming more and more abundant. (Yibang Power)

　　5. Suning has reached cooperation with 26 overseas companies and will invest 10 billion euros to purchase globally within three years

　　On November 5, the first China International Import Expo was held in Shanghai. At the China International Import Expo-Suning Global Procurement and Supply Summit held by Suning on the morning of the same day, Suning signed contracts with 26 overseas institutions, business associations, enterprises, etc., and stated that it would reach more cooperation one after another. In the next three years, Suning has initially formulated a 10 billion euro global procurement plan, aiming to create a new generation of "global smart supply chain" driven by smart retail. (Lianshang.com)

　　Internet news

　　6. Ma Huateng is watching what the 2018 Tencent WE conference was talking about?

　　According to November 5, Tencent’s annual WE Conference conveys the most breakthrough scientific discoveries and cutting-edge ideas every year, and this year is no exception. Even Tencent Chairman Ma Huateng is following the live video of the 2018 WE Conference and recommends it strongly on WeChat Moments. It is understood that the theme of the 2018 Tencent WE Conference is "The Gate of Janus". The ancient Roman mythological figure Janus has two faces, one looking to the past and the other looking to the future, which is usually considered to be the portal of time. This year's WE Conference is like the Gate of Janus, and you can better look at the future while constantly understanding the past. (TechWeb)

　　7. Apple has 132,000 full-time employees and spent $14.2 billion on R&D last fiscal year

　　After ending fiscal year 2018 on September 29, Apple filed its annual 10-K report with the U.S. Securities and Exchange Commission. Key points of the report include: 9,000 new employees, and as of the end of fiscal year 2018, Apple had a total of 132,000 employees; R&D expenses increased by nearly US$3 billion, and R&D expenses in fiscal year 2018 were US$14.2 billion, a year-on-year increase of nearly 23%; continued to implement stock repurchase projects; reduced capital expenditures; increased office space, etc. (Sina Technology)

　　8. Lei Jun: Cross-border trade benefits consumers, Xiaomi has entered 82 overseas markets

　　According to news on November 5, Lei Jun said that Xiaomi is a young company. It was established 8 years ago and began global development 4 years ago. As of the second quarter of this year, Xiaomi's international business grew by 150%, entering 82 overseas markets, of which 25 markets became the top five in the industry. (Sina Technology)

　　Cross-border e-commerce

　　9. Amazon warehouse statistics may face major adjustments

　　According to foreign media CNBC, Amazon warehouse statistics are facing new adjustments, and the company is considering using cubic feet to calculate the warehouse size instead of the original square feet.

　　Recently, Amazon's chief financial officer Brian Olsavsky said on a conference call that the company began to consider using cubic feet as a "main metric" to measure the size of its warehouses. This will make it clearer that Amazon is becoming more efficient as inventory grows. (Yibang Power Network)

　　10. Invest tens of millions of dollars, Amazon plans to train 1,000 children to learn programming every year in the future

　　According to foreign media reports, Amazon's future looks much more complicated than selling products on the Internet alone. Last week, Amazon Go, an unmanned convenience store under the company, opened in San Francisco. It will also open another store in San Francisco later this year. In 2019, Amazon plans to open more stores in Chicago and New York. Coupled with Amazon’s acquisition of Whole Foods last year, these unmanned convenience stores have shown us the prototype of a future hybrid retail model that Amazon can use to expand from e-commerce to physical shopping in restaurants, grocery stores and other areas. (E-commerce News)

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