#Laogao E-commerce Newsletter# [E-commerce Morning News on January 16]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on January 16] In 2018, the sales of books on the entire network reached 314.3 billion yuan and increased by 24.3%; JD.com revised the damage compensation rules: Mingcha opened the service by default; Apple Tmall’s official flagship store sent coupons for users with old-for-new products; foreign media said that Jack Ma was interested in investing in Inter Milan and Alibaba responded: I haven’t heard of it; Wang Xin, founder of Kuaibo: I have been doing things all my life, and I have a business to death...

　　E-commerce newsletter

　　1. In 2018, the sales of books on the entire network reached 314.3 billion yuan and increased by 24.3%.

　　On January 15, at the 12th Press and Publishing Industry Internet Development Conference, Wei Yushan, director of the China Press and Publishing Research Institute, released the "2018 National Press and Publishing Industry Internet Development Report". The report shows that the final sales of the entire network in 2018 "Double 11" were 314.3 billion yuan, an increase of 24.3% from last year's 253.9 billion yuan. Among them, Tmall accounts for 67.9%, JD accounts for 17.3%, and Amazon accounts for 2.3%. Compared with the average growth of more than 45% in previous years, this year's "Double 11" showed a significant trend of slowing growth. (E-commerce News)

　　2. Apple Tmall official flagship store sends coupons for old-for-new users

　　On January 15, last night, Apple's Tmall official flagship store sent a 500 yuan coupon for users with old trades, and once again lowered the price of Apple products in disguise. It is reported that this is the first time that the flagship store has offered discounts for trade-in users. After users submit "old trade-in" on the second-hand trading platform Xianyu, a subsidiary of Alibaba, they can receive coupons, but it is limited to purchasing iPhone XR in the official flagship store. The starting price of iPhone XR is 5,999 yuan under the discount. (Tencent.com)

　　3. JD.com revises damage compensation rules: Mingcha activates this service by default

　　On January 15, JD.com revised the "Broken Compensation Service Rules" and selected some fragile categories from the existing supported categories of "Broken Compensation". The system will enable the default activate and mark them in the category dimension.

　　The announcement stated that for the second-level categories of aquariums (except live aquariums), beverage mixing, and tea tea under the original product category, the system will enable the "breakage compensation" service by default; the merchants under the other categories can voluntarily activate the "breakage compensation" service.

　　Although the system has enabled default marking, merchants can still voluntarily choose whether to enable this service based on their own situation. When exiting orders generated before taking effect, merchants should still perform services according to "breakage compensation". (Yibang Power Network)

　　4. Wang Xin, founder of Kuaibo: I have been doing things all my life and started a business to death

　　"I'm not under such pressure to start a business now. Because I'm not doing things for a day or two, I've been doing things all my life, starting a business to death," said Wang Xin, founder of Kuaibo. "There is nothing to retire until I die, and it's not fun to retire. You maintain a normal working state, work and entertainment, which is great." He said that there are many innovations in strangers' social interactions and many companies are involved. "And I prefer to challenge the harder things - socializing anonymously. Everyone has needs, but no one has done it in history. I want to give it a try." (Entrepreneur)

　　5. Suning expects to open 15,000 stores in 2019

　　On January 15, at the 2019 spring work deployment meeting of Suning Holdings Group, Suning’s head Zhang Jindong proposed that the company’s goal of opening stores this year will be increased to 15,000 stores. Last year, Suning opened about 8,000 stores. At the same time, Zhang Jindong put forward the requirement of "extremely intelligent" development: the development of Suning smart retail must not only have speed, but also quality. "Extreme" means that there must be a speed of development, while "intelligence" means that there must be a connotation of development. To emphasize both is "extreme wisdom". The connotation of the "three-year pole" strategy he proposed last year has been further enriched and improved. (Yibang Power Network)

　　Internet Information

　　6. Foreign media said Jack Ma intends to invest in Inter Milan and Alibaba responded: Never heard of it

　　According to Italian media Football Italia, Jack Ma intends to invest in Inter Milan to acquire 31% of his shares. In response, Wai Shuai, chairman of Alibaba Group's Market Public Relations Committee, responded, "I have never heard of this story."

　　According to Italian media, Jack Ma plans to invest in Inter Milan through his Yunfeng Fund. Yunfeng Fund is a fund headquartered in Hong Kong, with its founders including Jack Ma, Shi Yuzhu and others.

　　Currently, Suning is the controlling shareholder of Inter Milan Club and holds approximately 70% of its shares. In 2017, Inter Milan's former owner and Indonesian businessman Eric Tohill sold the shares to Suning, and he retained only the remaining 31% of the shares. (E-commerce News)

　　7. Hello Travel CEO Yang Lei: At the beginning, I didn’t plan to take the path of “subsidy and money burning”

　　Hello Travel CEO Yang Lei said that at the beginning of his business, Hello, which started in second- and third-tier cities, lacked resources. At first, I grew up from the most difficult place and was always thinking about the direction and path of the company itself and industry development. Yang Lei said that Hello Travel didn’t have much money in the early days, and he did not plan to take the path of “subsidy and burn money” from the beginning, but focused on how to spend every amount of money and make plans for the long-term. (First Financial Daily)

　　8. Chatbao reached cooperation with China Mobile, Fexin, Alipay and Ant Financial

　　Luo Yonghao, founder of Hammer Technology, announced at the 2019 press conference of Kuairu Technology that Chatbao has reached a cooperation with China Mobile and Feixin, and can invite all friends in the mobile address book with one click, and can send text messages to individuals in individual groups. You can also log in to Chatbao directly with China Mobile mobile phone number. At the same time, Alipay and Ant Financial are exclusive payment partners for Chatbao. (36Kr)

　　9. Didi solicits opinions on whether it is necessary to authenticate when taking online car-hailing services

　　Didi Chuxing’s official official account stated that the new issue of the public review council was officially launched today, discussing the topic of “whether passengers need real-name authentication when taking online car-hailing” and listening to opinions and suggestions widely. This issue of topic discussion will last for 7 days. Didi said that the results and views of the discussion will provide important reference for Didi platform governance and security guarantee. (Sohu.com)

　　Cross-border e-commerce

　　10. Italy: Importers need to clarify the EORI number and other information on the invoice

　　On January 15, the Desifang issued an announcement on the update of the requirements for the DHL Italian national invoice in Hong Kong. The announcement requires that in order to allow customs clearance and delivery, all businesses and individuals must ensure that the EORI/VAT number or taxpayer ID number is clearly stated on commercial or formal invoices. (Yibang Power Network)

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