#Laogao E-commerce Newsletter# [E-commerce Morning News on December 11] Shentong announced that the double 12 large-scale express delivery will not be limited, and the transfer fee will be increased; "China E-commerce Integrity Development Report" was released; Amazon was complained by Austrian retailers against antitrust: dual roles are facing investigation; AliExpress connects to Turkey's financial payment platform Iyzico; several Amazon employees were fired for leaking sales information to third-party sellers...

E-commerce newsletter
1. Shentong announced that the double 12 large express delivery will not be limited to the weight and increase the transfer fee
On December 10, Shentong Express recently released the charging standards for large goods, announcing that during the "Double 12" period, the distribution fee for large goods above 3 kilograms (excluding) is increased by 0.1 yuan/kg on the original basis (excluding the express parcels in the respective regions of Jiangsu, Zhejiang, Shanghai, Anhui, Sichuan, Chongqing, Beijing, Tianjin and Hebei, and the express parcels in various provinces).
Shentong has no limit on the weight of large express delivery this time, but the volume required that the length of one side should not exceed 1.5 meters, the length of three side should not exceed 2 meters, and the volume of a single piece should not exceed 0.2 cubic meters. At the same time, the transfer fees in some regions have been raised for large express delivery. For express delivery with a total of 10 kg (inclusive), the transfer fee will be increased by 0.2 yuan/kg based on October's transfer fee. Among them, the express transfer fees issued by outlets in Northeast, Northwest, Southwest, Inner Mongolia and Hainan will not be increased.
Industry experts said that Shentong no longer restricts large parcels and raises fees during the "Double 12" period. This move is not only to improve business level and stabilize the end, but more importantly, it is to announce to the public that it will not give up the "big parcel" market. After all, in the context of the suspension of express delivery business, Shentong needs more measures to win the large parcel market. (Europe)
2. China's express logistics index in November was 102.2%
According to reports on December 10, the China Express Logistics Index for November 2018 released by the China Federation of Logistics and Procurement was 102.2%, up 1.3 percentage points from the previous month.
From the perspective of the main indexes, the business express index fell slightly, still remaining above 100%, and the rural express index and cross-border express index rebounded significantly. In November, the manufacturing business express index was 100.3%, down 2 percentage points from the previous month; the service business express index was 101%, down 1.3 percentage points from the previous month; the cross-border express index was 104.3%, up 5 percentage points from the previous month. (Europe)
3. Deng Chao, CPO of Xiaohongshu: Community is the city content is the service
December 10th news, recently, at the 15th International User Experience Conference of User Friendly 2018, Deng Chao, chief product officer of Xiaohongshu, shared Xiaohongshu’s thoughts on service design over the past five years as an urban designer, focusing on the theme of "Community is City, Content is Service".
In his speech, Deng Chao pointed out that when users share their offline lives online in all dimensions, these online content will also begin to affect their original offline lives. This has built a complex lifestyle platform that can generate value both online and offline. (Yibang Power)
4. The "China E-Commerce Integrity Development Report" is released
The 2018 China Network Integrity Conference was held in Beijing today. The conference released the "China E-Commerce Integrity Development Report" for the first time. The China Internet Integrity Conference was held for the first time, and this year it mainly focuses on integrity in the e-commerce field. In the future, we will focus on different fields and hold them once a year to continue to promote the construction of network integrity. (Securities Times)
5. Lanting Jishi completed the acquisition of Singapore e-commerce Ezbuy
On the evening of December 10, Lanting Jishi (New York Stock Exchange: LITB) announced today that the company has completed a US$85.55 million acquisition of Singapore e-commerce Ezbuy. On November 8, Lanting Jishi announced that it would acquire 100% of Ezbuy's equity in the form of a one-year interest-free promissory note for US$8,555.
As a prerequisite for the completion of the transaction, Lanting Jishi announced on November 16 that it would appoint Ezbuy founder and CEO Jian He as the company's new CEO and director, and IDG Capital partner Meng Lian as the company's director. (E-commerce News)
Internet news
6. Audi executives say IT companies are difficult to impact the automotive industry and are willing to cooperate with Alibaba to reduce costs
Speaking of whether the new car-making forces will replace traditional car brands in the future, Audi global director Song Yinzhe said that it is unlikely that the power modules and safety modules on electric vehicles have certain technical thresholds, so cars will not be as fast as mobile phones and are so vulnerable to the impact of IT companies. Song Yinzhe said, "Audi will pursue software research and development with partners to reduce costs, such as learning from independent brand car companies in China and cooperating with Alibaba's Zebra. We are open to all Chinese IT companies." (Securities Daily)
7. Google will launch Google Pay in France on Tuesday
Google will launch its mobile payment wallet Le Monde in France on Tuesday. New Zealand Bank online bank Boursorama will be one of the first banks to offer Google Pay service to French customers, which will be available to Android smartphone users of partner bank customers. In addition, BNP Paribas is also studying the service. (36Kr)
8. Amazon is under antitrust complaint by Austrian retailers: Dual roles are facing investigation
Amazon is both a retailer and a trading platform. Austrian retailers have filed antitrust complaints to the national competition regulator over the dual role of Amazon. "We have received complaints and are studying," a spokesperson for the Austrian Federal Competition Bureau said on Monday. (Phoenix Technology)
Cross-border e-commerce
9. AliExpress connects to Türkiye's financial payment platform Iyzico
According to foreign media reports, AliExpress has reached a cooperation with Türkiye's financial payment platform Iyzico to use the payment solutions provided by Iyzico locally. This cooperation means that Turkish consumers can directly use the local currency Turkish lira or credit cards (including Mastercard credit cards, American Express credit cards, and domestic credit cards in Turkey). And as the cooperation between the two parties deepens, Turkish consumers will also be able to purchase goods in installments on AliExpress. (Yibang Power)
10. Several Amazon employees were fired for leaking sales information to third-party sellers
According to The Information, Amazon has fired several employees who are suspected of providing internal information to third-party sellers that can be used to promote sales. In addition, some third-party merchants claim that competitors on the platform label their products as counterfeit products or as trademark infringement, causing their sales on Amazon to be suspended for a time. (Titanium Media)
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