#Laogao E-commerce Newsletter# [E-commerce Evening News on December 18]

　　#Laogao E-commerce News# [E-commerce Evening News on December 18] Xinjiang Bachu and Pinduoduo have reached a strategic cooperation on e-commerce poverty alleviation; JD.com has issued new regulations: non-group shopping stores will close preferential rates for group shopping; NetEase Yanxuan’s first offline store opens to support offline shopping online after-sales service; Wang Bo, general manager of Beijing Suning Chain Platform: Quality consumption has become a hot topic of concern to all people; the State Post Bureau released consumer complaints in November...

　　E-commerce newsletter

　　1. Xinjiang Bachu and Pinduoduo reach strategic cooperation on e-commerce poverty alleviation

　　Pinduoduo signed a framework agreement on poverty alleviation strategic cooperation with Bachu County, Kashgar, Xinjiang yesterday and piloted the "poverty alleviation workshop" project. Pinduoduo will jointly establish a "Pinduoduo Poverty Alleviation Workshop" with the local government to support enterprises in purchasing relevant production equipment to expand production scale, optimize production supply chain and develop derivative products. In addition, poverty alleviation workshops will give priority to providing employment opportunities for local registered poor households. (36Kr)

　　2. JD.com has issued new regulations: non-combined shopping stores will close the discount rates for group purchases

　　On December 18, today, JD.com announced that non-committed shopping stores will close the discounted rates for group purchases.

　　JD.com said that with the continuous expansion of its group purchase business, JD.com’s open platform will close the preferential policies for technical and service fees and rates for group purchase products for "non-group purchase stores". It is reported that the "non-group shopping store" here refers to other POP stores on JD Open Platform except for group shopping stores.

　　After closing, the settlement will be based on the technical service fee rate for JD’s normal business. Among them, the preferential policy for the "non-group shop" group purchase product technical service fee for beauty, fresh food and global shopping categories will be postponed to the closure of the technical service fee on April 1, 2019; the specific time for the closure of the preferential policy for the "non-group shop" group purchase business for some categories of books, entertainment and mobile phone accessories will be subject to the separate announcement of JD platform. (Yibang Power)

　　3. Yu'ebao's five-year report card: cumulative earnings of 170 billion yuan, an average of 100 million yuan per day

　　Yu'ebao disclosed data: In more than five years since its establishment, users have earned a total of 170 billion yuan, which is equivalent to an average of 100 million yuan per day. According to the previous third quarter report of the fund company, after Yu'ebao liberalized more than ten funds including Bose and China Europe, the total scale has steadily increased to nearly 2 trillion yuan. Experts predict that by the end of the year, banks and other financial institutions will be assessed and the yields of money funds are expected to rise. (Securities Times)

　　4. Wang Bo, general manager of Beijing Suning Chain Platform: Quality consumption has become a hot topic for everyone to pay attention to

　　Wang Bo, general manager of Beijing Suning Chain Platform, said that Suning.com big data shows that compared with the same period last year, the sales growth rate of products with mid-to-high-end, quality, and segmentation functions in 2018 was very obvious. At the same time, new products such as drones and translation machines that have the characteristics of hunting new and curious consumption have also gone from "niche" to "popular" urgent needs. Quality consumption has become a trend of consumption for all people and is also becoming a hot topic of attention for all people. Quality will be the key breakthrough point in promoting the 2019 New Year's Eve promotion season. (Beijing Business Daily)

　　5. The State Post Bureau released the November consumer complaint situation

　　On December 18, the State Post Bureau issued a notice on the complaints of consumers in the postal industry in November 2018.

　　In November, consumers filed 227,418 complaints about express service issues, a year-on-year decrease of 30.1%; consumers filed 4,983 complaints about express service issues, a month-on-month increase of 17.9% and a year-on-year decrease of 79.2%.

　　The satisfaction rate of consumers' effective complaint handling of express companies (the ratio of the number of satisfied documents for consumers' effective complaint handling of express companies to the total number of effective complaints of express companies) is 98.8%. There are 7 express companies that are lower than the national average valid complaint satisfaction rate, including Tiantian Express, Postal Express, UPS, etc.; the national express service complaint rate (the number of complaints per million business volume of express companies) is 38.78, and there are 12 express companies that are higher than the national average complaint rate, including JD.com, SF Express, Best Express, Yunda Express, ZTO Express, YTO Express, etc. (Europe)

　　Internet Information

　　6. JD Digital: Liu Qiangdong may hold more than 25% of the shares and is still the actual controller

　　Liu Qiangdong holds 99% of the shares of Suqian Taihe Sifang Investment Consulting Co., Ltd. and 100% of the shares of Suqian Darong Hengyuan Management Consulting Co., Ltd., respectively, and holds a total of 70% of the shares of Dongtai Jinrong. In addition, he holds 14.20% of the shares he holds as a natural person, Liu Qiangdong holds more than 25% of the shares of JD Digital, thus forming actual control over JD Digital. In response to this, relevant persons said that they will not respond to the equity issue for the time being. (First Financial Daily)

　　7. Actor Lei Jiayin "joined" Alipay membership experience officer, and was mistaken for being a liar when answering the member's customer service call.

　　On December 18, Alipay announced that it would invite actor Lei Jiayin to "join" as the "Alipay membership experience officer". Lei Jiayin answered 10 customer service calls from members, seven of whom regarded him as a liar. In addition, Alipay announced that starting from 2019, the 20th of each month will be set as "Alipay Membership Day", and limited benefits such as star concerts and film festival tickets will be launched. (Titanium Media)

　　8. Huawei announced that it has won 25 5G commercial contracts, with revenue exceeding US$100 billion

　　华为技术有限公司宣布，已获得了超过25份5G商业合同，在5G商业合同方面处于全球领先地位，并已出货了逾1万个5G基站。华为副董事长兼轮值CEO胡厚崑在深圳总部的一次新闻发布会上表示，“预计今年公司总营收将超过1000亿美元，这将是我们公司历史上的一个重大里程碑。”（新浪财经）

　　9. NetEase Yanxuan’s first offline store opened, supporting offline shopping online after-sales service

　　NetEase Yanxuan’s first offline store in the country officially opened in Hangzhou today. Offline stores are fully interconnected with online prices, member accounts, inventory data, after-sales service, etc., and users can enjoy zero price difference online and offline shopping online after-sales experiences. Ye Shushu, the person in charge of Yanxuan’s offline business, said that in the future, first- and second-tier cities where NetEase Yanxuan has the intention to settle in, in addition to standard stores, there will also be flagship stores and community stores. (Sina Technology)

　　Cross-border e-commerce

　　10. The California Tax Administration will impose sales tax on Internet retailers

　　On December 18, the California Tax and Fee Administration (CDTFA) officially takes action after Amazon sent an email to the seller asking the seller to provide a "California Tax Number"!

　　According to US media reports, the California Taxation and Fee Administration recently announced that it will require out-of-state retailers with sales of more than $100,000 or orders in the state to register a tax number and collect taxes starting from April 1, 2019.

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