#Laogao E-commerce Newsletter# [E-commerce Morning News on December 29] Tmall International announced three major development plans; Douyin launched the "Good Things Alliance" recruitment plan, opening the threshold for shopping cart fans; Tianjin Wuqing District Market Supervision Bureau: It has filed a case for investigation into Quanjian's suspected illegal act of false propaganda; Suning completed the sale of 13 million shares of Alibaba shares, with an estimated net profit of 5.2 billion yuan; 12306 customer service responded to the public sale of passenger information: it was leaked by a third party...

E-commerce newsletter
1. Tianjin Wuqing District Market Supervision Bureau: An investigation has been conducted on Quanjian’s suspected illegal act of false propaganda
The reporter learned from the joint investigation team of the "Quanjian Incident" that the joint investigation team found that some products of Tianjin Quanjian Company were suspected of exaggerated publicity. In accordance with Article 8 of the Anti-Unfair Competition Law of the People's Republic of China, the Wuqing District Market Supervision Bureau of Tianjin has filed a case for investigation into his suspected illegal acts of false propaganda. In addition, in response to the concerns of public opinion, such as "Zhou Yang's medical treatment" and whether it is suspected of illegal pyramid schemes, the joint investigation team is also under investigation and verification, and the investigation results will be announced to the public in a timely manner. (CCTV News)
2. TikTok launches the "Good Things Alliance" recruitment plan, opening the threshold for fans in shopping cart
TikTok will launch a round of expert support plans. At that time, for accounts that register to participate in the support plan, Douyin will release the threshold for opening the shopping cart and no longer set a limit on the number of fans. TikTok relevant personnel said that from December 28 to January 5, the platform will launch a "Good Things Alliance" recruitment plan. During this period, TikTok will remove the threshold for the number of fans to open the shopping cart for accounts that apply to become members of the "Good Things Alliance". As long as an expert has his own store, he can sign up for this event. (Yibang Power)
3. Suning completed the sale of 13 million shares of Alibaba shares, with an estimated net profit of 5.2 billion yuan.
On December 28, Suning.com issued an announcement stating that the 33rd meeting of the sixth board of directors of the company and the 7th extraordinary general meeting of shareholders in 2018 passed the "Proposal on Authorizing the Company's Operators to Dispose Part of Available and For Sale Financial Assets", agreeing to authorize the Company's Operators to sell a total of 13,164,689 shares held by the Company, namely Alibaba Group Holding Limited (hereinafter referred to as "Alibaba Group"). The authorized matters include but are not limited to determining the transaction method, transaction timing, transaction price, and signing of transaction-related documents. The validity period of this authorization is within 6 months from the date of review and approval by the shareholders' meeting. (Sina Technology)
4. Yunda Co., Ltd.: Adjust the delivery service business model from next year
On December 28, Yunda Co., Ltd. announced on the evening of December 28 that the company decided to adjust the relevant delivery service business model of the current express delivery service across the company's entire network from January 1, 2019, from the original "direct delivery service between franchisees (offices) on the two ends of the pick-up service" to "the company provides delivery services to franchisees (offices) on a unified basis by purchasing services from the delivery franchisees (offices) on a parcel." The new model is conducive to the continuous implementation of the differentiated competitive strategy of "improving quality and increasing service traffic". (Securities Times)
5. Tmall International announced three major development plans
The new policy for cross-border e-commerce retail import will be implemented from January 1, 2019. In order to cooperate with the implementation of the new policy, on December 28, Tmall International announced three major development plans for the new year: layout of new pilot cities, continue to expand on the basis of the original 1 million square meters of bonded warehouses, and reach 20 bonded warehouses and 10 overseas warehouses within three years to support the product output of the six major overseas procurement centers.
It is reported that the policy dividends will benefit 37 cities in cross-border e-commerce comprehensive pilot zones, and the individual single purchase limit and annual limit have been increased, and 63 new commodity categories have been added to the positive cross-border list of goods. (Europe)
Internet news
6. Aladdin released its annual report on mini games: a market of 6 billion yuan, and the leading companies have not appeared yet
The first annual report of the mini-game industry jointly released by the Aladdin mini-game statistics platform and the Aladdin Index shows that as of now, the number of WeChat mini-games has exceeded 7,000, the DAU has exceeded 100 million, and the average usage time is 13 minutes. In addition, the overall market size of the mini-game industry has reached 6 billion yuan, and no leading companies have appeared yet. The mini-game industry is still in a fierce competition stage, and even the relatively strong manufacturers such as Hauteng Jiake and Aiweiyou only account for about 20% of the mini-game market. (Phoenix Technology)
7. The four major indicators of online lending have declined year-on-year for the first time in eleven years, and more than 1,200 platforms have withdrawn this year
According to the data from the First Online Loan, this year, the four major indicators, including the transaction volume, the number of basic normal platforms, the loan balance, and the number of participants, which fully reflect the scale of China's online loan industry, decreased by 50.28%, 43.82%, 29.74%, and 8.14% year-on-year respectively. This is the first decline in eleven years since China's first online loan platform was launched in June 2007. In addition, as of now, there are a total of 1,216 online loan exit platforms nationwide this year. In the past ten years, a total of 3,192 platforms in the industry withdrew. (Securities Daily)
8. 12306 customer service responded to passenger information being sold publicly: leaked by a third party
On the morning of December 28, someone claimed online that the passenger information on the 12306 platform was leaked, and 4.1 million passenger information was sold at a low price, and some accounts were disclosed for free for buyers to verify. In response, 12306 official customer service stated that information such as account passwords and other information were leaked when passengers logged into a third-party platform (unofficial ticket purchase platform). It is recommended that passengers whose information was leaked change their account and password in time and purchase tickets through the official platform. (Beijing News)
Cross-border e-commerce
9. New cross-border e-commerce policy implements Tmall to expand bonded warehouses on New Year's Day
According to December 29, the new policy on cross-border e-commerce retail import will be implemented from January 1, 2019. The policy dividends will benefit 37 cities in cross-border e-commerce comprehensive pilot zones. The individual single purchase limit and annual limit have been increased, and 63 new commodity categories have been added to the positive cross-border product list.
In order to cooperate with supporting the implementation of the new policy, on December 28, Tmall International announced its new year development plan: layout new pilot cities, continue to expand on the basis of the original 1 million square meters of bonded warehouses, and reach 20 bonded warehouses and 10 overseas warehouses within three years to support the product output of the six major overseas procurement centers. *(Sina Technology)
10. 50% of Amazon's sales this year come from small and medium-sized sellers
On December 28, Amazon recently announced that it would break sales records again in this year's Christmas season retail. The Christmas season depreciation discount attracted customers from all over the world, and global orders in all categories hit record highs. Among them are the new Echo Dot, the LOL surprise doll Glam Glitter series, Carhartt fashion items, and Bose QuietComfort wireless headphones, etc., which are all on the hot list. Amazon's self-operated products and Prime membership services have become the sales highlights of Amazon's Christmas season.
In addition, small and medium-sized sellers have also achieved considerable sales results this year, and their sales growth rate on Amazon far exceeds physical retail. 50% of the products Amazon sells during the holidays come from small and medium-sized sellers. (E-commerce News)
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