#Laogao E-commerce Newsletter# [November 14 E-commerce Evening News] Alibaba responded to the "chaos of order brushing": more than 2,800 credit speculation platforms have been monitored this year; Zhongtong responded to violent sorting of Double 11: hold the person involved accountable, and all express damages are compensated; Ant Financial Jing Xiandong: Technical services will become the core business; "WeChat Payment Score" has quietly been launched, and it is suspected that Tencent Credit Score has made a comeback; 360 Search released a report on the search behavior of netizens on Double 11...

E-commerce newsletter
1. Alibaba responded to the "chaotic order brushing": More than 2,800 credit speculation platforms have been monitored this year
In response to media reports that e-commerce has made positive reviews and sales before "Double Eleven", Alibaba responded today that it has 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. At present, Alibaba has implemented the use of social group anti-cheating algorithms, logistics empty package algorithms, and order-brushing fund network algorithms to establish a real-time big data risk control and audit system covering the entire link. (Titanium Media)
2. The amount of funds raised by Baobaotree IPO has been greatly reduced, with the IPO range of HK$6.8 to HK$8.8
On the morning of November 14, Babytree's IPO fundraising has dropped from the market rumored to about US$1 billion to about US$200 million to US$300 million, with a decrease of up to 80%. The IPO price is expected to be between HK$6.8 and HK$8.8. At the same time, Babytree also updated its prospectus, which showed that its revenue in the first half of 2018 was 410 million yuan, a year-on-year increase of 12.6%. The book loss in the first half of the year was 2.175 billion yuan.
3. ZTO responds to violent sorting of Double 11: hold the person involved accountable and compensate for all express damage
On November 14, ZTO Express responded that regarding the violent sorting problem at the Shijiazhuang Transfer Center of ZTO Express, which was reported in the previous video, ZTO Express responded that the company believed that the media reported the problem was true after verification and felt guilty about it and sincerely apologized to the customers and the public. At the same time, ZTO Express also announced rectification measures, saying that it will hold the person involved accountable and compensate for all the express damage. (Beijing News)
4. Ant Financial Jing Xiandong: Technical services will become the core business
On November 14, Ant Financial Jing Xiandong said in an interview that in the "long-term" situation, the company's core business will be technical services, not just payment services. Jing Xiandong said that Ant Financial has never made a time plan for any IPO. "IPO is just a certain stage of the company's development and is a natural thing. We will not regard listing as our ultimate goal." (E-commerce News)
5. 360 Search releases a report on search behavior of netizens on Double Eleven
360 Search released the "Double Eleven Internet Search Behavior Data Report", which shows that compared with the e-commerce Internet user search index, Taobao is far ahead of its popularity; JD's popularity firmly ranks second in e-commerce; Tmall's attention came from behind on November 11, showing explosive growth. Netizen attention from Dangdang.com, Vipshop, Amazon and Suning.com has risen steadily. In addition, the user portrait of the 360 Trend Index shows that about 80% of online shopping users are concentrated between the ages of 19 and 34. (36Kr)
Internet Information
6. Baidu's strategic investment of 2.1 billion yuan in Xinchao Media
On November 14, Baidu announced a strategic investment in Xinchao Media. Xinchao Media's round of financing totaled RMB 2.1 billion, led by Baidu. Huaxing Capital serves as the exclusive financial advisor for this transaction. After the two parties establish a strategic partnership, Xinchao Media's huge community offline smart terminal will be deeply integrated with Baidu's online data to provide enterprises and brands with more accurate media traffic solutions. Xinchao Media has also officially become a new member of Baidu Juping's media alliance partner. (E-commerce News)
7. "WeChat Payment Points" quietly went online, and Tencent Credit Points are suspected to have made a comeback
On November 14, a netizen broke the news that now scanning the QR code to enter a shared charging board mini program, and the option of "With WeChat payment score of more than 550 yuan will be available for exemption of deposit." However, according to the test results, only users with coordinates in Shenzhen can successfully activate WeChat payment points. (Tiger Sniff)
8. Taopiaopiao launches the "User and Market Augmentation Plan" to invest billions to create incremental growth for the film market
Taopiaopiao, a subsidiary of Alibaba Pictures, announced the launch of the "User and Market Augmentation Plan", which will invest no less than 1 billion yuan to collaborate with e-commerce ecology such as Taobao and other e-commerce ecosystems to continue to create incremental growth for the film market. Li Jie, senior vice president of Alibaba Pictures and president of Taopiaopiao, said that in the future, Taopiaopiao will invest no less than 1 billion yuan in brand, marketing and ecological resources. By opening three major channels such as the Taobao entrance for Super APP mobile phones, it will bring incremental users to theaters, comprehensively expand user scale and market share, and boost the film market. (Ali Pictures)
9. ZTE completes 5G call and launches 5G mobile phones in the first half of next year
An insider from ZTE said on social media today that ZTE has completed its first 5G call in the laboratory, connected to 5G Internet access, completed 5G WeChat sending and receiving, and also folded 5G mobile phones with a screen-to-body ratio of 190%. According to the person, ZTE is currently developing many application scenarios and software in the 5G field. ZTE said that ZTE will launch 5G commercial mobile phones in the first half of 2019. (Tencent First-line)
Cross-border e-commerce
10. Amazon's New York headquarters has a helipad requirement, and New York has agreed to assist in construction.
According to foreign media reports, the highly-watched second headquarters of Amazon has been finalized to be built in Long Island, New York and Arlington, Virginia respectively. Foreign media reports show that the headquarters in New York also has requirements for helicopter aprons, and New York will also assist it in building helicopter aprons. TechWeb)
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