#Laogao E-commerce Newsletter# [E-commerce Morning News on December 17]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on December 17] WeChat trademark was bounced: WeChat Food Company awarded Tencent tens of millions of dollars and ordered to change its name; the first Tmall official flagship store of the International Olympic Committee was launched; ofo responded to the headquarters' instant refund of deposit: there is no difference between online deposit refund; Xu Jiayin went back to his hometown to visit his fellow villagers and decided to donate another 650 million yuan; People's Daily: crack down on "paper-scheduling" and reshape the benign content ecology...

　　E-commerce newsletter

　　1. WeChat trademark was repaid: WeChat Food Company awarded Tencent tens of millions of dollars and ordered it to change its name

　　On December 16, the Beijing Intellectual Property Court publicly sentenced a case involving infringement of the trademark rights of "WeChat" and unfair competition. The first instance determined that "WeChat" was a well-known trademark, and the WeChat Food Company was sentenced to stop using the company's name, change the name in a timely manner and compensate Tencent Company for more than 10 million yuan. Starting from 2016, Tencent found that there were eco-experience restaurants marked with store signs and logos marked "WeChat Food" and "WECHATFOOD" in the market. In September 2017, Tencent sued the company behind the operation to the Beijing Intellectual Property Court. (Sohu.com)

　　2. Dong Mingzhu: Intelligent manufacturing needs to make up for shortcomings and innovation cannot be mentioned.

　　On December 17, Dong Mingzhu, Chairman and President of Gree Electric Appliances, said in the "Dialogue" of CCTV Financial Forum, "In fact, I think a good company will continue to make up for its shortcomings. China really goes to the world, it must have support points. Innovation is not about staying in words, but a challenging process, and it must have a spirit of suffering losses. Even if you fail, I think you have succeeded, because your failure today means success tomorrow, so we should not compromise. This is our most important ambition and backbone." (E-commerce News)

　　3. The first Tmall official flagship store of the International Olympic Committee is launched

　　On December 15, the International Olympic Committee announced the opening of the world's first Olympic official flagship store on Tmall at the second Tmall Ice and Snow Festival. It is reported that the flagship store sells Olympic peripheral products in all categories ranging from emblems, postcards, mugs to scarves and accessories. It includes three series of Olympic events, Olympic classics and Olympic brands, such as Olympic classic collection series postcards and coasters sets, Tokyo 2020 Summer Olympics Emblem Badge Series and Beijing 2022 Winter Olympics Stamp Sets, with a historical span of 100 years. From the first Athens Olympics in 1896 to the 2022 Beijing Winter Olympics, more than 50 of them were sold in China for the first time. (Europe)

　　4. JD Finance quietly launched two P2P companies, Liu Qiangdong, assistant as a legal person

　　On December 10, the self-media "Internet Finance News" reported that many investors reported to him that they had received a new call from Xuhang Online Loan, an online lending platform under JD Finance. Internet finance has discovered that JD Finance has hidden two wholly-owned online lending platforms. When the outside world thought that JD Finance really "does not do finance", JD Finance secretly built a plank road and secretly visited Chen Cang. Its P2P platform was quietly launched in October, and Liu Qiangdong served as the legal person. (Internet Finance Business Review)

　　Internet news

　　5. ofo responds to the headquarters’ instant deposit refund: there is no difference between online deposit refund

　　ofo responded to reports that citizens had successfully returned deposits from the company headquarters, saying that ofo had no on-site deposit refunds, and there was no difference between them and online deposit refunds. Previously, Beijing Youth Daily reported that some citizens or their families were dispatched to ofo headquarters to handle refunds, and the deposit refund was quickly and smoothly on site. Ofo said, "Recently, a small number of users have indeed applied for a deposit refund at the office ofo headquarters. We have registered users who have applied for a deposit refund for more than 15 working days and have not refunded it after being refunded for more than 15 working days, and will re-check it. There is no on-site refund for the deposit." (Tencent Frontline)

　　6. Xu Jiayin returned to his hometown to visit his fellow villagers and decided to donate another 650 million yuan.

　　According to Dahe.com, from December 15 to 16, Xu Jiayin accompanied his 96-year-old father to his hometown in Zhoukou, Henan to visit his fellow villagers. Xu Jiayin visited four schools, one hospital and one agricultural base that donated more than 1 billion yuan to build for his hometown along the road, and decided to donate another 650 million yuan to further support the development of his hometown. (36Kr)

　　7. Several Zhihu employees deny large-scale layoffs, appointing new CFOs may be the first step to listing

　　Zhihu announced its organizational structure adjustment after large-scale layoffs, with former Miya partner and CFO Sun Wei as the company's new chief financial officer. Internet commentators said, "Due to the rapid expansion of Zhihu's scale recently, structural adjustments are conducive to personnel streamlining and clear division of jobs. The appointment of a new CFO or its listing has been officially put on the agenda." Several other insiders in Zhihu said, "There is no such thing as large-scale layoffs." (Securities Daily)

　　8. People's Daily: Crack down on "paper-scheming" and reshape the benign content ecology

　　The People's Daily published an article saying that as for WeChat's launch of the collegial mechanism this time, although it was late, it also expressed a clear position against the scheming, took an important step in rectifying the order, and increased the identification of scheming behavior, which is an active action and management innovation. But there is probably a long way to go to cure this chronic disease. To solve the problem, the efforts of one or two companies and platforms cannot be achieved. It must rely on industry self-discipline and regulatory departments to issue effective management measures to cut off the interest chain of scheduling behavior and reshape the benign ecological environment for content production. (People's Daily)

　　Cross-border e-commerce

　　9. Amazon considers cleaning up low-margin products to optimize profitability of e-commerce business

　　According to the Wall Street Journal on December 17, Amazon has taught consumers to buy all kinds of goods online. But at present, the company is reconsidering some of its products due to profitability issues and is trying to push big brands to change the way they use Amazon. (E-commerce News)

　　10. Google enters the e-commerce field to launch online shopping services in India

　　According to foreign media reports, Google launched the online shopping service GoogleShopping in India to take advantage of India's booming digital economy.

　　The tech giant said on Thursday that Indian shoppers will now be able to browse various specials on the main page of their Shopping shopping service. This is a mobile-friendly web application. A new "shopping" option has emerged on Google Lens, a Google search engine and image recognition app. (Yibang Power Network)

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