#Laogao E-commerce Newsletter# [November 7 E-commerce Evening News]

　　#Laogao E-commerce Newsletter# [November 7 E-commerce Evening News Brief] Pinduoduo: Over one million merchants participating in Double Eleven will strictly control quality; the State Post Bureau analyzed that this year's Double 11 express delivery will exceed 1.87 billion; Pinduoduo: 2 of 10 e-commerce parcels are from Pinduoduo; NetEase Yanxuan's first offline store will open in December; JD.com and Hammer Technology reach an exclusive strategic cooperation...

　　E-commerce newsletter

　　1. Pinduoduo: Over one million merchants participating in Double Eleven will strictly control quality

　　The Pinduoduo platform stated on November 7 that more than one million merchants participated in the "Double Eleven" battle, and the related industrial chains have driven more than 10 million jobs. Before November 16, digital 3C, home appliances, clothing, daily chemical fast-moving consumer goods and other products on the Pinduoduo platform, including the latest iPhones, have been launched with greater discounts, and some popular products have been reduced by more than 1,000 yuan. The platform will continue to increase its efforts in the "doubles" campaign, strictly control the quality of platform merchants and products, fulfill the platform service commitments related to return and exchange, and ensure that consumers can purchase with confidence. (Chuangyebang)

　　2. NetEase Yanxuan’s first offline store will open in December

　　NetEase Yanxuan’s first offline store will open in December, and the location is in a shopping mall near West Lake, Hangzhou. At the beginning of this year, NetEase CEO Ding Lei once said that NetEase Yanxuan's first offline store will be opened within 2018. According to a recruitment document that is still circulating internally, NetEase Yanxuan’s requirement for recruiting retail clerks is college degree or above, and the salary offered is a basic salary of 5-6K + quarterly performance bonus + annual performance bonus + project marketing bonus. (36Kr)

　　3. The State Post Bureau analyzed that this year's Double 11 express delivery will exceed 1.87 billion

　　On November 7, Bian Zuodong, deputy director of the Market Supervision Department of the State Post Bureau, accepted an online interview with the State Post Bureau on the "2018 Express Business Peak Season Service Safety Guarantee".

　　Bi Sakuto, deputy director of the Market Supervision Department of the State Post Bureau, stated in response to the express delivery volume during the "Double 11" period that it is initially expected that the mail (express) business volume processed by the entire industry will exceed 1.87 billion pieces during this period (November 11 to 16), an increase of 25% over the same period last year.

　　Taking into account the peak season e-commerce business volume and the affordability of express delivery companies, the maximum daily processing volume is expected to reach 410 million pieces, an increase of 23.9% over last year, 3.1 times the daily processing volume (130 million pieces) since the second quarter; the average daily processing volume during the "Double 11" period reached 310 million pieces, close to 2.4 times the daily processing volume.

　　It is expected that from November 11 to 16, the flood peak of collection and delivery of the entire industry will gradually transition from the east to the central and western provinces. The peak of collection occurred between the 11th and 13th, and the peak of delivery from the 14th to 15th, and the peak period of investment was concentrated between the 13th and 17th. The pressure of taking over the collection gradually slowed down after the 15th day, and the pressure of delivery slowed down after the 17th day. (Europe)

　　4. Pinduoduo: 2 of 10 e-commerce parcels are from Pinduoduo

　　The relevant person in charge of Pinduoduo Logistics confirmed on November 7 that since the first quarter of 2018, the average daily parcel number of parcels on the platform has remained stable at more than 20 million orders, and the market share of parcels in the entire e-commerce industry exceeded 20%. Since November, the number of packages on the platform has soared, and the number of packages for agricultural products has reached 4 million orders per day. Through the "direct delivery of origin" model, the "three rural" practitioners covering production areas in Pinduoduo will achieve a significant increase in income during the "Double Eleven" period. (Chuangyebang)

　　5. Ding Lei: Good platforms are Double 11 every day, don’t tighten your belt to buy things

　　When asked how he viewed Double 11, Ding Lei believed, "You don't need to choose that day. You tighten your belt and count your wallet to buy things. You must make it Double 11 every day." He also laughed and said that these words were not easy to say to Jack Ma. Ding Lei also believes that artificial intelligence is definitely the future, "just like the Internet twenty years ago, don't even think about it." Just like China is the country with the most innovations in the Internet, because China's artificial intelligence scenarios are the most widely used, China will also be the best country in the world for artificial intelligence. (Sina Technology)

　　Internet Information

　　6. Didi: Some cities have tried to record in-vehicles, and SMS alarms have been expanded to 12 cities

　　11月7日午间消息，滴滴今日发布相关安全措施及功能升级进展，其中“短信报警”功能已经扩展至烟台、江门、石家庄、南昌、沈阳、合肥等12个城市，当地乘客在使用“一键报警”时，可通过短信报警功能将自身位置、行程信息发送当地短信报警平台。

　　In addition, based on the original recording function during the trip, Didi will gradually try the in-car recording function. Starting from November 7, passengers in many places will receive corresponding recording and video authorization prompts when calling express trains, Youxiang and Licheng special vehicles. Users can continue to call the taxi after authorization. (Tencent Technology)

　　7. JD.com and Smartisan Technology reach an exclusive strategic cooperation

　　On November 7, at the new product launch of Hammer Technology last night, Hammer Technology CEO Luo Yonghao announced that Horizon No. 8 suitcase exclusively entered JD.com, and JD.com was the exclusive strategic partner. It is reported that after being selected as "Beijing Selected Shangpin", Horizon No. 8 series suitcases will further enjoy the key support and promotion of JD.com resources, and will also meet consumers through live broadcasts such as expert sales. (E-commerce News)

　　8. China Resources Vanguard reached a cooperation with world-renowned wine brands and signed a procurement agreement of nearly 10,000 yuan

　　CR Vanguard reached a cooperation with three world-renowned wine brands, Treasury Wine Estates Vintners Limited, Australia, Vina San Rafael SA, Chile, and YVON MAU SA, France, and signed a procurement agreement of nearly 100 million yuan. It is reported that the wine purchased by CR Vanguard at this import expo will be gradually put on the shelves to more than 300 stores across the country for sale. (Securities Times)

　　9. Ma Huateng: Embracing the industrial Internet is timely

　　According to news on November 7, Tencent Chairman and CEO Ma Huateng believes that from "Internet +" to "sharing economy", to the digital economy, and to the digital China strategy proposed by our country recently, we can see that the integration of the entire digitalization, informatization and various industries has become increasingly deeper and deeper, which is exactly China's leading position in the world, so I think this is right for the right time. (E-commerce News)

　　Cross-border e-commerce

　　10. New progress in Walmart’s online consumption field: surpassing Amazon to become the favorite of American consumers

　　On November 7, according to data provided by Instacart, a grocery delivery startup headquartered in San Francisco, the world's largest retailer, Walmart, has now surpassed the e-commerce giant Amazon to become the favorite online grocery store for Americans.

　　According to Tencent Technology, the reason why Walmart has made such great progress in the online consumption field is mainly due to its rapidly expanding free curbside pickup service, which currently covers about 2,000 stores.

　　In addition, Walmart said at a recent investor meeting that the company plans to expand the coverage of this service to 3,000 stores by the end of 2019. (E-commerce News)

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