#Laogao E-commerce Newsletter# [E-commerce Morning News on January 24]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on January 24] Jack Ma guides young people to find employment: the first job is important, you need to find a good boss; Alibaba CEO Zhang Yong: Fun comes from creating value rather than destroying others; 1688 stops revoking members' open services to the 1688 bill; JD.com introduces three Korean duty-free shop products to Haizun Global; Amazon's lobbying expenses broke the record of US$14.19 million in 2018.

　　E-commerce newsletter

　　1. Alibaba CEO Zhang Yong: Fun comes from creating value rather than destroying others

　　Alibaba CEO Zhang Yong said, "I think the fun of doing business comes from creation. Of course, business is also a game, and sometimes it is a war, but the biggest difference between it and real war is that it creates value, not destroys others. This is the most important source of creativity, otherwise there will be no fun. Hate or jealousy, and life-and-death, cannot bring creativity." (First Financial Daily)

　　2. Jack Ma guides young people to find employment: The first job is very important, you need to find a good boss

　　Jack Ma talked about employment issues at the Davos Forum, "The first job that young people find is the most important. It may not be a famous company, but it must find a good boss to educate you on how to become a person and how to do things well. You have to make a promise to stay there and not leave." Jack Ma said that he saw many people doing a bad job and many problems arise. (Sina Technology)

　　3. JD.com introduces 3 Korean duty-free shop products to Haitou Global

　　Recently, JD.com's global direct purchase platform Haidun Global (formerly JD.com Global Shopping), with Hong Kong Rongxin Trading Company, a subsidiary of Tianjin Yishang Group, Huaqing Travel Agency, a well-known Korean travel agency, and many well-known Korean duty-free shops, signed strategic cooperation agreements in South Korea, and will introduce Korean duty-free shop products to Haidun Global through Huaqing Travel Agency. After reaching this strategic cooperation, three well-known Korean duty-free shops, including SM duty-free shops, Duta duty-free shops and Glelia duty-free shops, will supply original Korean imported goods to JD.com. (Yibang Power)

　　4. 1688 stops revoking members' services for honesty betting

　　On January 23, 1688 issued a notice on "Tenxintong's revocation of members" yesterday, saying that Alibaba China Station will adjust the relevant authority of the Truexintong members whose business license has been revoked during the service period, and will stop opening seller-related products and services for corporate members who have been revoked that have not met the requirements for opening the Truexintong. (Yibang Power)

　　5. Jack Ma: Don’t find friends to do business together. Making friends does not depend on how successful people are.

　　Jack Ma mentioned at the Davos Forum that he saw classmates who were studying in a business school together, and they had a good friendship. After that, they started doing business together, but in the end they didn't work. "I have studied it. People always say that doing business is like a wedding, and doing business in partnership is like getting married, but in fact it is not like that. I suggest you don't find friends, don't let them become your partner, and build a company together." In Jack Ma’s view, making friends does not mean how successful the person is. Being able to provide advice and support to each other is the most important thing. (Sina Technology)

　　Internet Information

　　6. Tencent Map releases big data for Spring Festival travel: Shenzhen, Dongguan, Beijing ranks among the top three cities for "slimming"

　　The "2019 Spring Festival Travel Forecast Big Data Report" released by Tencent Map and Tencent Location Services predicts that Zhengzhou Station will still be the busiest railway station in the country, and Shenzhen, Dongguan and Beijing will become the most "slimming" cities during the Spring Festival. During the Spring Festival, Southeast Asia will be the most popular destination for Chinese people to travel abroad. Data shows that the most commonly used means of transportation for migration during the Spring Festival is still trains, accounting for more than half. People aged 18-30 are the main force in travel during the Spring Festival, and are expected to account for 53%. (Securities Daily)

　　7. 2018 Mobile Payment Report: User scale of 570 million per person per month consumption of 2,600 yuan

　　On the evening of January 23, China UnionPay released the 2018 mobile payment security survey and analysis report.

　　According to statistics, the current scale of mobile payment users in my country has reached 570 million. In the third quarter of last year, the number of transactions handled by the banking industry in mobile payment business increased by more than 70% year-on-year. Mobile payment has become one of the most commonly used payment methods in daily consumption such as catering, convenience stores, online shopping, transportation, medical care, and takeout.

　　The survey showed that the average monthly consumption of 2,600 yuan was spent by the survey last year on mobile payments. Among them, the monthly consumption of entrepreneurs is the highest, exceeding 3,000 yuan; full-time housewives and IT practitioners also spend more than 2,800 yuan per month; the monthly consumption of students is 1,952 yuan, but for every 5 yuan they spend, 2 yuan is spent through mobile payment. (E-commerce News)

　　8. Meituan: There is no layoff plan for Mobike employees

　　On the evening of January 23, Meituan Dianping announced today that Mobike will be renamed Meituan Bicycle. Regarding the issue of when the Mobike App will be discontinued, Meituan said it will gradually advance, and in addition, there is no plan to lay off employees for Mobike employees. Regarding the question of whether Mobike will be renamed overseas, Meituan said that it is currently possible to use Mobike App and Meituan App to scan the code to ride a bicycle. In the future, Meituan APP will be implemented in China as the only entrance, and foreign markets will make decisions based on the situation. (China Economic Network)

　　9. Didi Hitchhiking will not be online for the Spring Festival travel rush, and there is no consensus on the definition of safety standards and responsibilities.

　　On the evening of January 23, Didi responded that Didi Hitch could resume online during the Spring Festival travel rush this year, which was concerned by public opinion, that Didi Hitch could not continue to provide services this year's Spring Festival travel rush and is still making every effort to rectify it. People close to Didi said that at present, all parties have not reached a consensus on product design, safety standards and responsibility definition of hitchhiking, and the corresponding plan is still under discussion. (Tencent Technology)

　　Cross-border e-commerce

　　10. Amazon's lobbying spending broke record $14.19 million in 2018

　　According to reports on January 24, Amazon spent a total of $14.19 million in 2018 to lobby the US government, breaking its record of lobbying expenses set a year ago. Previously, Amazon's lobbying spending in 2017 was about $13 million, according to data from the US nonpartisan Center for Responsive Politics. This is mainly due to the growing disagreement between the large U.S. technology companies on privacy, immigration and new tariffs. (E-commerce News)

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