#Laogao E-commerce Newsletter# [November 14 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [November 14 E-commerce Morning News Brief] 70% of respondents hoarded goods and regretted them on Double Eleven, and the proportion of men regretted stocking goods is higher; Cainiao Station responded to "the fire of express delivery vehicles": malicious rumors; Alibaba responded to "the chaos of order brushing": more than 2,800 credit speculation platforms have been monitored this year; Ant Financial: Alibaba, Ant issued CC coins and Taobao coins on the Internet are all fake news; Ele.me sent a message: defeat Meituan...

　　E-commerce newsletter

　　1. 70% of respondents stocked up and regretted the stock on "Double Eleven", and the proportion of male stocked up and regretted the stock is higher.

　　Recently, a survey conducted on 2017 respondents showed that 84.5% of respondents stocked up on cheap goods during the Double Eleven shopping festival, and the proportion of men stocked up was higher than that of women; 73.3% of respondents admitted that they had the experience of stocking up and regretting it after stocking up, and the proportion of male respondents was also higher than that of female respondents. (China Youth Daily)

　　2. Cainiao Station responds to "the fire of express delivery vehicles": malicious rumors

　　Cainiao Station’s official Weibo account issued a statement saying: Recently, some people have spread false information such as express delivery vehicles catching fire on the highway and package damage through text messages, social media, etc. This is a malicious act of spreading rumors, which has brought great trouble to relevant users and seriously affecting the normal package delivery work. Cainiao Station will take relevant legal measures to address the impact of malicious rumors. (36Kr)

　　3. Alibaba responded to the "chaotic order brushing": More than 2,800 credit speculation platforms have been monitored this year

　　In response to the investigation report "E-commerce order brushing industry: "600,000 people are on standby" published by the Beijing News, Alibaba responded today that it has actively identified more than 2,800 order brushing gangs through data technology this year, and has joined hands with law enforcement departments to crack down on large-scale credit speculation platforms such as Shatui.com, Zhongdian, Niu Shuai, Blue Sky and Blue Sky.com. (Beijing News)

　　4. Secoo released "Double 11" data: the trend of luxury online consumers becoming younger is more obvious

　　According to the latest data from Seku, during the Double Eleven promotion from October 19 to November 11, the total sales volume of the platform doubled or even tripled compared with previous years' data. The trend of luxury online consumers becoming younger is more obvious. The post-90s generation has become the backbone of luxury shopping. The demand for buying international luxury goods has increased unprecedentedly, and consumption power needs to be deeply explored. (Securities Times)

　　5. Tmall Double 11: 237 brands sold more than 100 million domestic products accounted for more than half

　　The Tmall Double 11 Business Olympics has come to an end and has set a new transaction record of 213.5 billion yuan. A total of 237 brands sold over 100 million on that day, and Chinese goods brands accounted for more than half of the "100 million yuan club". Xiaomi, Huawei, Midea and Haier entered the list of sales exceeding 1 billion on that day. As Zhang Yong, CEO of Alibaba Group, said, "The commercial operating system created by Alibaba is empowering merchants to achieve model upgrades and operational methods upgrades." This is a significant benefit for domestic brands. Many brands have begun to bring personalized consumption satisfaction through integrated online and offline collaboration with data intelligence. (Yibang Power News)

　　Internet news

　　6. Ant Financial: Alibaba, Ant issued CC coins and Taobao coins on the Internet are all fake news

　　On November 14, Ant Financial denied the rumor that Ant Blockchain never touched virtual coins, and Ant Blockchain applied for technical patents first in the world, and none of them were related to ICO. The value of blockchain lies in building trust, but ICOs are destroying trust. All application of Ant Blockchain is to generate real value in the real world, which has always been Ant's technical values. (E-commerce News)

　　7. Ele.me’s message: Defeat Meituan

　　On November 13, Ele.me co-founder Kang Jia and new retail business head Xiong Bin said in an interview with reporters: "It must be better than it (Meituan). This is not about waiting and watching. If we cannot surpass it (Meituan), we will not do this secondary fusion, and I will not join this team to do this. (E-commerce News)

　　8. Smartisan Technology responds to rumors of tight capital chain and layoffs

　　On November 14, in response to media reports that the capital chain of Hammer Technology was tight and large-scale layoffs, Hammer Technology responded on its official Weibo tonight: The article was filled with a lot of inaccurate content, and it spread rumors and slander against Hammer Technology and Luo Yonghao, which seriously damaged the reputation of Hammer Technology and Luo Yonghao; Hammer Technology did not have the problem of "not enough employee expenses". The large-scale layoffs mentioned in the article were actually integrating technicians from all over the country based on the existing product lines. Smartisan Technology said it had sent a lawyer's letter to Cui Yuxian and NetEase Technology. (E-commerce News)

　　9. Baidu Zhang Yaqin: Will participate in the construction of Xiong'an infrastructure, and traffic lights can be connected to the Internet

　　At the MIT China Summit, Baidu President Zhang Yaqin said that Baidu will participate in Xiong'an's infrastructure construction and build it into a future city, such as having an intelligent road network, launching autonomous vehicles, and even traffic lights are connected to the Internet. (Sina Technology)

　　Cross-border e-commerce

　　10. China International Import Expo provides opportunities for Indonesia to expand exports

　　In November, 32 companies from the three major business associations in Indonesia will jointly debut at the first China International Import Expo. Officials from the Indonesian Ministry of Trade said that Indonesia hopes to use the CIIE to let Chinese consumers know about products from Indonesia in order to further enhance trade exchanges between China and Indonesia. As one of the guest countries of the host, the Indonesian government attaches great importance to the first China International Import Expo. Allinda, Director-General of the General Director-General of Export Development of the Indonesian Ministry of Trade, said that the holding of the CIIE means further opening up of China, which will bring more opportunities to trading partners. (Chengdu Cross-border E-commerce Association)

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