#Laogao E-commerce Newsletter# [November 30 E-commerce Evening News]

　　#Laogao E-commerce News# [November 30 E-commerce Evening News Brief] Taobao Double 12 officials recruit senior grass planting specialists; Mogujie will be listed on the New York Stock Exchange on December 5; the Prime Minister encouraged e-commerce companies: online and offline are not impossible to integrate, but will drive and support each other; Taobao Daily Sales announced a new strategy to upgrade the dimension to fight a value war; has Guazi used cars "turned over"? Advertising "causing trouble" was fined 12.5 million...

　　E-commerce newsletter

　　1. Taobao Double 12 official recruits senior grass planting specialist

　　On November 30, Taobao’s official Weibo announced the recruitment notice for Taobao’s Double 12 project team. “High salary recruitment of senior grass planting officials, the scope is only for group owners” has become the focus of everyone’s attention. From the "Tao Job" platform that publishes recruitment information, we can see that the position is actually called "Senior Grass Planting Specialist". Their job responsibilities mainly include helping Taobao understand chat groups, discovering and cultivating excellent chat groups, guiding and cultivating users to generate interactive content, etc. (Sina Weibo)

　　2. Mogujie will be listed on the New York Stock Exchange on December 5

　　Today, according to the announcement of the US IPO website, Mogujie will be listed on the New York Stock Exchange on December 5. At the same time, the stock issuance price is set to US$14 to US$16, with the maximum financing amount of US$87.4 million, lower than the US$200 million in the previous prospectus. It is understood that Mogujie is still in a loss state. In the six months ended September 30, 2017 and September 30, 2018, Mogujie's adjusted net losses were RMB 252.3 million and RMB 185.7 million, respectively. Let’s wait and see if this listing can be congested successfully. (Operator World Network)

　　3. The Prime Minister encourages e-commerce companies: online and offline are not impossible to integrate, but will drive and support each other.

　　11月30日消息，李克强总理在南京考察苏宁控股集团时表示，前几年有人曾担心甚至质疑，网购会对线下实体店造成冲击，但苏宁的成功转型证明，线上线下并非不能相融，反而会相互带动、相互支撑。（中国政府网）

　　4. Taobao Daily Sales announces new strategy to upgrade the value war

　　On November 29, Alibaba held a press conference on brand strategy upgrade in Beijing. Officially renamed Tiantian Special Sale to Tiantian Special Sale, using the view of Tang Song, general manager of Tiantian Special Sale, "Price war is outdated, value war is the future. In the next three years, 10,000 Tiantian Special Sale custom factories will be built to drive industrial transformation with digitalization." (Pintu.com)

　　5. Alibaba Global Mathematics Competition, overseas contestants account for nearly one-third

　　According to 36Kr, official data from Alibaba Global Mathematics Competition shows that overseas contestants account for nearly one-third of the finals, with contestants coming from China, Hong Kong, Macao and Taiwan, the United States, the United Kingdom, France, Germany, Australia, Switzerland, Singapore, etc. They stand out from more than 40,000 preliminary contestants around the world. The finalists are showing a trend of younger students, with 77% of students accounting for 17% of students, and 6% of freelancers; among the students, masters, doctoral students and graduate students account for 56%, undergraduate students 36%, and high school students 8%. (36Kr)

　　Internet Information

　　6. Meitu closed down 4.13%, Meitu Xiuxiu App is suspected of collecting user privacy

　　36Kr news, as of the close of Hong Kong stocks, the Hang Seng Index rose 0.2% to 26,506.75 points. Meitu Company was HK$3.39, closing down 4.13%, with a total market value of HK$13.576 billion. Previously, apps such as "Meitu Xiuxiu" were suspected of excessive collection of user identifiable biological information and financial information. China Consumers Association pointed out that the above information is all sensitive personal information, and once it is leaked, it may pose significant risks to the person and property. (36Kr)

　　7. Xiong Xiaoge: The most regrettable thing is that I didn’t meet Jack Ma back then and missed the investment in Alibaba

　　IDG Capital Xiong Xiaoge said, "The most regrettable opportunity I missed was Alibaba." Xiong Xiaoge said that he had never met Jack Ma at that time. "It would have been great if we could meet Jack Ma at that time. For young people, this lesson is to meet investors as much as possible, and the scale of our fund was also very small at that time." (Sina Technology)

　　8. Guazi Used Car was fined 12.5 million for false advertising. The company refused to accept the review.

　　Today, according to the Haidian Branch of the Beijing Municipal Administration for Industry and Commerce, the Haidian Branch of Jinguazi Technology Development (Beijing) Co., Ltd. (Guazi Used Cars). Its verdict shows that the "one year of establishment and the transaction volume" in Guazi used car advertising lacks factual basis and is inconsistent with the actual situation. In response, the Industrial and Commercial Bureau ordered Guazi to stop publishing illegal advertisements and eliminate the impact within the corresponding scope, and fined 12.5 million yuan. (World Operator Network)

　　9. Sina Chairman Cao Guowei’s 20th Anniversary Internal Letter: Big Waves Challenge New, Walking with the Times

　　Sina Chairman and CEO and Weibo Chairman Cao Guowei issued an internal letter to all employees. In his letter, he said that by providing better news and information services to the public and continuous innovation through new media platforms, Sina has been recording, influencing and walking with the times while enhancing its social value and influence. He said, "We are in an era where opportunities and risks coexist. The big waves are pursuing new things, and if we don't advance, we will retreat." (Tencent's front line)

　　Cross-border e-commerce

　　10. Amazon's facial recognition technology has caused controversy, and 8 US lawmakers asked Bezos to explain

　　According to foreign media reports, seven U.S. Congressmen and one senator recently wrote to Amazon CEO Jeff Bezos, asking for more explanations on the company's use of facial recognition technology. As Rekognition software is accused of human rights violations, Amazon employees have sent a joint letter to Bezos asking the company to stop selling the software to the U.S. Immigration and Customs Enforcement. (Tencent Technology)

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