#Laogao E-commerce Newsletter# [E-commerce Evening News on December 3] JD.com: Merchants must upload information before December 14; Taobao Xinxuan will incubate 1,000 original brands in the next three years; JD.com Double 12 delivery rules: Merchants must complete the delivery within 72 hours; Dong Mingzhu: The 1 billion bet with Lei Jun has basically won, and we are not comparable; Guo Guangchang: This winter will be very cold, and it depends on yourself to "winter"...

E-commerce newsletter
1. JD.com: Merchants must upload information before December 14
JD.com recently issued an announcement stating that if the merchant has not uploaded or updated the industry-related license information as of December 7, the JD platform will deduct 6 points of merchant points according to the platform rules; if the merchant has not uploaded or updated the industry-related license information as of December 14, the JD platform will deduct 25 points of merchant points according to the platform rules and remove all products under the industry-related categories of merchant stores. (Yibang Power Network)
2. Taobao Xinxuan will incubate 1,000 original brands in the next three years
On December 3, Japanese industrial design master Naoto Fukasawa officially landed on Taobao Xinxuan with his new product "Life Molecule" series. In the next three years, Taobao Xinxuan will attract many original designers, original merchants, and original content, and jointly incubate 1,000 manufacturing retail brands. (Sohu.com)
3. JD Double 12 shipping rules: Merchants must complete the shipping within 72 hours
According to December 3, JD.com recently released the merchant’s delivery time limit during the 2018 Double 12 period. It is reported that JD.com stipulates that the merchant must complete the shipment within 72 hours of orders that are sold from 00:00:00 on December 12, 2018 to 23:59:59 on December 14, 2018, and the buyer can check the logistics status of the order within 72 hours.

During the above periods, for orders for customization, furniture and building materials, and pre-sale reservations, the delivery time shall be subject to the description of the product details page. Other special circumstances shall be determined by the merchant and the consumer and the parties themselves. (53 Supply Source Network)
4. Suning Sun Weimin: The future of China's retail is to improve and improve localized life service infrastructure
According to December 3, at the "2018 New Consumption Industry Unicorn Summit" held recently, Sun Weimin, Vice Chairman of Suning.com, attended the event and delivered a keynote speech.
In his speech, Sun Weimin said that in the retail field, the heavy transformation of technology and market has driven the transformation of traditional retail to smart retail. From a technical perspective, the Internet itself has undergone structural changes, starting from traditional PCs to mobile Internet. From the market perspective, the era of consumption upgrading is approaching, the proportion of consumption of goods is declining, the consumption of services is increasing, the consumption of quantity is declining, and the consumption of quality is increasing.
"In the era of consumption upgrading in the future, retail should become a community, a city, and its basic service facilities to meet people's service needs in its living radius." Speaking of the development trend of China's retail, Sun Weimin believes that the future of China's retail must be the improvement and improvement of localized life services infrastructure. (E-commerce News)
5. Industrial products e-commerce platform "Ruigu Mall" completed a B2 round of financing of 230 million yuan
The industrial product e-commerce platform "Ruigu Mall" announced that it had completed a B2 round of financing of RMB 230 million. This round of financing was led by Zhenghan Investment, and the old shareholder source code capital has become the follow-up investment. With the previous B1 round of financing, the overall B round of financing exceeded 330 million yuan. Ruigu Mall was established in 2016 and is an e-commerce platform for the hardware, mechanical and electrical tools industry. (Lieyun.com)
Internet Information
6. TikTok sues Baidu for defamation and claims 1 million yuan
According to the Haidian Court website, Beijing Weibo Vision Technology Co., Ltd. sued Beijing Baidu Netxun Technology Co., Ltd. on the grounds of infringing on the right of reputation, demanded that it stop the infringement, apologize, eliminate the impact, and compensate for the loss of 1 million yuan. At present, this case is under further trial. (36Kr))
7. Dong Mingzhu: The 1 billion bet with Lei Jun has basically won, we have no comparison
In 2013, Dong Mingzhu and Lei Jun made a big bet in front of the people of the whole country: betting whether Xiaomi's sales can exceed Gree Electric within 5 years. The bet was 1 billion. At the 2018 Chinese Enterprise Leaders' Annual Meeting held recently, the topic of this bet was mentioned again. Dong Mingzhu also responded to this, and Dong Mingzhu said that her bet with Lei Jun had basically won.
Dong Mingzhu said that in fact, this bet with Lei Jun itself has no meaning and the two are not comparable. Gree is engaged in the real economy, while Xiaomi is engaged in the Internet, which is a light asset. Dong Mingzhu had previously stated in an interview that Gree would win, but whether it wants money or not is not important, what is important is that it makes people have a passion. TechWeb)
8. Guo Guangchang: This winter will be very cold, and it depends on yourself to "winter"
At the annual meeting of the Zhejiang Business Association, Vice President Guo Guangchang expressed his views on the current economy: First, the economy will be very difficult, and this winter will be very cold. Second, there must be a savior in the world, that is, the market; and in the market, you are the only one who can save you. He said: "Every chairman should first be the chief product experience officer of his company. Is the product good or not, and whether the customer is satisfied? We should know the best." He emphasized that we must make high-quality products, must be tempered and create value for customers. (Box Lunch Finance)
9. It is reported that Momo's 30 million data is only $50 for sale on the dark web
According to the news on December 3, according to the Southern Metropolis Daily, a Weibo user revealed that Momo's 30 million data was sold on the dark web for US$50. The transaction screenshots posted by the seller on November 30 show that these data include the user's mobile phone number and password, and were written on July 17, 2015. The seller revealed that this was caused by a crash in the warehouse three years ago and does not guarantee the current timeliness, and once it is sold, a refund will be refused. (E-commerce News)
Cross-border e-commerce
10. Amazon continues to test unmanned cash register settlement technology
According to foreign media reports, Amazon is currently testing its store unmanned cash register technology in Seattle to accommodate larger stores.
The report quoted a source as saying that the technology works well in small shops but is harder to use in larger spaces with higher ceilings and more categories.
The system is already in Amazon’s unmanned store Amazon Go, which allows shoppers to purchase items with the help of smartphone apps, track items they pick up and put back from the shelves, and automatically count the related fees to their credit card bills upon departure. (Tencent Technology)
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