#Laogao E-commerce Newsletter# [November 20 E-commerce Evening News]

　　#Laogao E-commerce News# [November 20 E-commerce Evening News Brief] Zhao Gang, senior vice president of Liangpinpuzi: The retail industry is facing the biggest challenge and transformation; Cainiao’s import order clearance on the same day as Double 11 exceeds 20 million orders; Taobao Global Shopping embraces the east gate of South Korea; JD Global Shopping has been renamed "Haidun Global"; Apple’s largest assembly factory Hon Hai fell below the trillion mark, the first time in five years...

　　E-commerce newsletter

　　1. JD.com Global Shopping Renamed "Haidun Global"

　　Yesterday, JD.com officially upgraded its global shopping brand to "Haidun Global". "Haidun Global" means hoarding overseas good things from the world, and "Haidun" is also homophonic to "dolphin". (Lianshang.com)

　　2. Zhao Gang, senior vice president of Liangpinpuzi: The retail industry is facing the biggest challenge and transformation

　　At the 2018 China Enterprise Competitiveness Annual Meeting, Zhao Gang, senior vice president of Liangpinpu, said that compared with other industries, the retail industry is currently facing the biggest challenges and transformation. He admitted that the retail industry faces the consumer side directly, and the pressure of industry upgrading and technological challenges will be greater. Just like the real estate industry, it is not that houses are difficult to sell at the moment. Developers should understand people’s real needs for houses better. After all, good houses with a more technological sense are still very popular. (Sina Finance)

　　3. JD.com established the Urban Agriculture and Animal Husbandry Research Institute to enter the digital city smart pig farming

　　At the JD Digital Technology Global Explorer Conference, JD announced the establishment of JD Smart City Research Institute and JD Academician Research Institute to develop digital solutions in the fields of smart cities and smart breeding. According to JD.com's agriculture and animal husbandry, according to previous data, within one year of the deployment of the intelligent breeding solution, the labor cost of breeding can be reduced by 30%-50%, and the feed usage of 8%-10%, shortening the average 5-8-day slaughter time. (Sina Technology)

　　4. The import order clearance of Cainiao Double 11 on the same day is more than 20 million orders

　　On November 20, Tmall Double 11 basically concluded, and Cainiao Network delivered 1.1 billion express parcels in one week. Tmall and Cainiao issued an open letter to thank the 3 million couriers. The thank-you letter mentioned that on Double 11, Cainiao's import orders were cleared for more than 20 million orders, accounting for nearly 80% of China's total cross-border import orders. (Europe)

　　5. Taobao Global Shopping Embraces the East Gate of South Korea

　　According to Taobao, at 9:00 p.m. local time in South Korea on November 16, Taobao and Dongdaemun Queen's Square officially announced the launch of cooperation. Taobao Global Shopping has become Queen's Square's new product launch platform in domestic e-commerce. After the launching ceremony, more than 50 models wore new winter clothing from Queen's Square designers to walk the show.

　　Before that, in May this year, Taobao Global Shopping launched the "Global Zhenxing Plan", where buyers around the world can interact with fans through live broadcasts, short videos, pictures and texts. TechWeb)

　　Internet Information

　　6. Taiwan’s mobile payment platform connects to UnionPay card payment next month

　　On November 20, Caijin Company stated that "Taiwan Pay QR Code Common Payment" will accept UnionPay card transactions from December. Mainland tourists can also use Taiwan Pay when they come to Taiwan to spend. After completing the integration of credit card EMV QR Code specifications, Taiwan Pay can now also use credit card payment.

　　In addition, the report said that Finance and Finance Company said that Taiwan Pay can also accept UnionPay card transactions from December to reach the "QR Code common payment five-in-one", making it more convenient and diverse for stores to accept mobile payment services. (E-commerce News)

　　7. Vivo Finance welcomes the new leader, Wang Lei, former CEO of NetEase Finance, joined

　　Wang Lei, former president of NetEase Finance, has joined vivo Finance and is responsible for leading vivo's financial business. Public information shows that Wang Lei graduated from Zhejiang University with a Ph.D. in computer science. He has been responsible for technical team management, third-party payment, consumer finance, financial management, blockchain and other businesses at NetEase. He is a typical technical general. (Xinliu Finance)

　　8. The market value of Apple's largest assembly plant, Hon Hai, fell below the trillion mark, for the first time in five years

　　The market value of Apple's largest assembly plant, Hon Hai, has fallen below the trillion mark for the first time since November 2013, with the latest drop to NT$985.7 billion. The stock price fell due to poor iPhone demand and the company's recent capital reduction has caused a shrinking market value. Hon Hai has fallen by 40% year-on-year, moving towards its worst annual performance since the 2008 financial crisis. Apple's stock price approached the bear market after Apple's latest earnings showed growth was flat and said it would stop disclosing quarterly smartphone sales data. (Bloomberg)

　　9. Didi Chuxing opens a laboratory in Toronto to study AI and intelligent driving

　　According to foreign media reports, Didi Chuxing said it has opened a major research laboratory, DiDi Labs, in Toronto. Didi said that the Toronto Laboratory will study intelligent driving and artificial intelligence technologies, led by Yu Jun, senior vice president of Didi Chuxing. Didi also announced that it has reached a strategic partnership with the University of Toronto. The two sides will carry out cooperation projects in the fields of automobile interconnection, artificial intelligence, intelligent transportation, etc. TechWeb)

　　Cross-border e-commerce

　　10. Southeast Asian e-commerce platform Lazada announces the latest data on Double 1

　　Southeast Asian e-commerce platform Lazada announced the latest data on Tmall Double 11 in 2018. More than 20 million consumers browse and rush to buy on Lazada's website and app. More than 400,000 brands and merchants participated, including Maybelline, Enfa, RealMe, L'Oreal Paris, etc., setting the latest transaction record in Southeast Asia, and on the same day it was listed on the top brand sales ranking of Lazada's Double 11. (36Kr)

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