#Laogao E-commerce Newsletter# [E-commerce Morning News on December 6]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on December 6] The E-commerce Law will come into effect on January 1, 2019, and individual businesses can register online stores as business places; Huawei responded to Meng Wanzhou's arrest: There is no inappropriateness, and I believe that the legal system will finally give a fair conclusion; Tencent responded to "full access to shopping functions for WeChat public accounts": it is just a name change; Gome: Open 2,000 county stores in the next three years; Suning Store acquired 31 stores in Xi'an Guoan Convenience...

　　E-commerce newsletter

　　1. The E-commerce Law will come into effect on January 1, 2019. Individuals can register their online stores as business premises.

　　China's first "E-Commerce Law" will come into effect on January 1, 2019. One of its highlights is that it stipulates that individual businesses such as Taobao must also register market entities in accordance with the law. In order to implement the law, the State Administration for Market Regulation recently issued a document stating that if e-commerce operators apply for registration as individual business owners, they can register online stores as business premises. At the same time, the E-Commerce Law stipulates several exceptions that are exempt from registration and will be further refined. (Caixin.com)

　　2. Huawei responded to Meng Wanzhou's arrest: There is no inappropriateness, and I believe that the legal system will ultimately give a fair conclusion

　　Huawei issued a statement saying: Recently, Ms. Meng Wanzhou, our company's CFO, was temporarily detained by the Canadian authorities on behalf of the US government when she was transiting in Canada. The United States is seeking extradition to Ms. Meng Wanzhou and faces unspecified charges in the Eastern District of New York. There is very little information provided to Huawei about the specific allegations, and Huawei is not aware of any misconduct by Ms. Meng. The company believes that the legal systems in Canada and the United States will eventually give fair conclusions. Huawei complies with all applicable laws and regulations in the country in which it operates, including export controls and sanctions laws and regulations applicable to the United Nations, the United States and the European Union. (Sina Weibo)

　　3. Tencent responded to "full access to shopping function for WeChat public accounts": it was just a name change

　　Regarding the backend of the WeChat public platform, a new "WeChat Search" level menu has been added today. This level menu contains the shopping functions added by WeChat. Tencent said that "WeChat Search" was renamed from the "Mini Program Search Platform" and the support function remains unchanged. (All-weather technology)

　　4. Gome: Open 2,000 county stores in the next three years

　　Gome revealed at the 32nd anniversary celebration press conference that Gome continues to deepen its county-level store layout and is expected to open 2,000 county-level stores in the next three years to meet the consumption upgrade needs of the third to sixth tier markets. This year, Gome reached a cooperative relationship with Pinduoduo, Toutiao, Carrefour, Lianhua Supermarket, Red Star Macalline, and Juran Home. The two parties empower each other with their respective advantages in brands, channels, logistics, services, etc., quickly promote the development of new businesses, break through the online and offline barriers of traditional e-commerce, and continuously expand the layout of new retail formats. (Beijing News)

　　5. Suning Store acquires 31 convenience stores in Xi'an Guoan

　　Bao Junwei, president of Suning Store, said that Xi'an Guoan Convenience has transferred its 31 subway station convenience stores to Suning Store, and is expected to complete the brand transformation by the end of December this year. According to reports, Bian Nong, vice president of Suning Retail Group, announced Suning.com's "Smart Fast Consumer Goods" strategy in March this year, to open 5,000 Suning stores in the next three years and "become the number one O2O community store operator in China." It is expected that by the end of December this year, the total number of Suning Stores signed in Xi'an will exceed 200, covering major communities in the main urban area. (Sina Mobile)

　　Internet news

　　6. The news said that someone pulled a banner downstairs of Hammer to "repay my hard-earned money", Hammer has not responded yet

　　According to reports, more than a dozen people held up slogans "Hammer Technology returns my hard-earned money" under the office building of China Cyberport on Wangjing North Road, Beijing. The revelation comes from pictures uploaded by netizens, and there are also netizens who pass through each other on Weibo to prove this rumor. In recent months, Hammer Technology has been negatively plagued by, and has exposed negative rumors such as "Chengdu team was laid off, CTO Wu Dezhou plans to leave, funds are tight, and employees cannot pay wages." At present, the public relations team of Hammer Technology has not responded to this news. (Sina Technology)

　　7. Forbes releases the most influential women in the technology industry in the year: Liu Qing and Li Hongwei are on the list

　　Forbes released the list of the most influential women in the technology industry in 2018, with YouTube CEO Susan Wosiki topped the list, IBM CEO Ginny Romanti and Facebook COO Shirley Sandberg ranked second and third. In addition, Li Hongwei, managing partner of Jiyuan Capital, ranked 16th, and Liu Qing, president of Didi Chuxing, ranked 46th on Forbes' most influential women list. (36Kr)

　　8. ofo responds to "seeking help from government officials to seek listing opportunities": No

　　According to the news on December 5, "Finance" magazine reported that ofo's founding team is seeking help from government officials to seek opportunities to go public. Among investors, Alibaba, Didi, CITIC Industrial Fund and DST formed the ofo debt repayment committee to carry out debt restructuring; many suppliers agreed to convert debt into equity, which is their only choice for getting back the money. In response to this, ofo Xiaohuangche responded to the Beijing News reporter that "it does not exist." (Beijing News)

　　9. Chinese mobile phone giant sales target next year: Huawei 200 million units and Xiaomi 160 million units

　　According to December 5, 2018 is about to end, and major mobile phone manufacturers have begun to set production and sales targets for next year. Sources revealed that Xiaomi and Huawei plan to increase sales targets to more than 20%. Huawei executives said Huawei's mobile phone sales plan to grow by 25% next year to reach the target of 200 million units. Xiaomi's sales plan for the next year will reach 160 million units. Sources said OPPO and vivo expect mobile phone sales to grow also next year, with a relatively conservative growth rate of about 10%. (Global Network)

　　Cross-border e-commerce

　　10. Alibaba and the Belgian government sign a memorandum of understanding to promote cross-border trade

　　On December 6, Alibaba Group and the Belgian federal government jointly announced yesterday that the two sides reached an agreement to promote bilateral trade based on eWTP (World Electronic Trade Platform), and provide more convenient and fair choices for small and medium-sized enterprises to engage in cross-border trade by building a more inclusive and innovative trade platform. This also means that eWTP has officially opened European time after successfully entering Malaysia in Asia and Rwanda in Africa. (E-commerce News)

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