#Laogao E-commerce Newsletter# [February 14 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on February 14] In 2018, the order amount of JD service products increased by 113% year-on-year; IKEA plans to launch an online sales platform across the industry; Dingxiang Doctor calls on the Coconut Tree brand industry and business response: It is investigating the results; the former CEO of Hanhou has obtained tens of millions of yuan in financing to start a business in social e-commerce; Quanshi has closed stores in Beijing since November last year...

　　E-commerce newsletter

　　1. In 2018, the amount of orders for JD service products increased by 113% year-on-year.

　　According to December 13, JD.com announced the consumption data of the service categories on the platform in 2018 today. Data shows that in 2018, the amount of orders placed by JD service products increased by 113% year-on-year, becoming a new growth point to drive consumption. In the three years from 2016 to 2018, the number of service products on sale increased by more than 12 times, and sales increased by nearly 15 times.

　　From the perspective of product expansion types, the most abundant are life, tourism, medical and educational service products. Among them, medical service products grew the fastest, with a growth of nearly 300 times, life services increased by more than 72 times, tourism services increased by more than 18 times, and entertainment services exceeded 12 times. (E-commerce News)

　　2. IKEA plans to launch an online sales platform across the industry

　　IKEA is exploring the launch of an online sales platform that not only sells its own furniture, but also provides competitors' products. IKEA International CEO Tolbjörn Love said IKEA plans to conduct its first sales test on third-party websites such as Amazon or China's Alibaba, and the relevant details are being finalized. Lof stressed that IKEA has not negotiated with any competitors, but expressed its willingness to participate in the creation of any industry-wide sales platform. (FT Chinese website)

　　3. Dingxiang Doctor calls on the Coconut Tree Brand Industrial and Commercial Response: It is investigating the results

　　Recently, coconut tree coconut juice has been replaced with new packaging in 2019. It is suspected that the content is vulgar and false publicity, and its advertisement has also been posted in the theater. Netizens complained: It can be based on the taste, but it just depends on the cup cover. Dr. Dingxiang calls on the coconut tree brand: Coconut milk does not enhance breasts, can’t it be okay to make drinks honestly? On February 13, Haikou City Industry and Commerce intervened in the investigation and learned that the effect of the new packaging was controversial, because the company has not yet officially started working and is still understanding the relevant details. (36kr)

　　4. The former CEO of Hanhou has received tens of millions of yuan in financing for starting a business in social e-commerce

　　On February 13, Xiao Rongshen, president and partner of Hanhou Group, recently announced that he had started a business and established a new social e-commerce platform to promote the industry after resigning as CEO. According to Xiao Rongshen, the Circle of Tuan is positioned as a social e-commerce empowerment platform. Its goal is to empower small and medium-sized sellers, so that every small seller has the opportunity to have certain specific capabilities of a large-scale enterprise. (E-commerce News)

　　5. Since November last year, more than 20% of the stores have been closed in Beijing.

　　An internal information shows that since November last year, Quanshi convenience stores have closed about 90 stores in Beijing; as of February 13, Quanshi has about 320 stores in Beijing. This means that the proportion of store closures in this round exceeds 20%. Previous news said that Quanshi had packaged stores in Beijing and other places to Yinlu Food Group, but Yinlu's parent company Nestle denied that the transaction was related to Nestle. (36Kr)

　　Internet Information

　　6. Jia Yueting's debt handling of 2.8 billion yuan has stagnated LeTV said it is directly related to the survival of the company

　　On the evening of February 13, LeTV announced that the handling of debt issues of listed companies and major shareholders and their affiliates was in a stagnant state. The company's current board of directors and management must continue to face many historical problems that cannot be resolved. At the same time, it is facing a large number of debt defaults caused by extreme cash flow, and then passively respond to many lawsuits and judgments that cannot be executed in the short term. The above issues are related to the company's future net assets, survival and development. LeTV said that after Lerong Zhixin is no longer included in the scope of the merger, after preliminary statistics, as of now, the scope of the merger of listed companies has receivables of approximately 2.84 billion yuan to major shareholders and their affiliates. (Securities Daily)

　　7. Chery and JD Auto Mall cooperate to plan new retail

　　On February 13, Chery Automobile and JD Auto Mall jointly announced the establishment of a strategic cooperative relationship. The two parties will focus on the third-to-6th-tier automobile market, from multiple fields such as finance, car sources, and big data as entry points to jointly explore the new automobile retail model. According to the plan, Chery Automobile and JD Auto Mall will connect manufacturers, car dealers and users online and offline, and carry out new automobile retail business in a lightweight, down-to-earth, intelligent, platform-based and logistics services to solve the problem of low marketing efficiency of third- to sixth-tier automobiles. (Beijing Business Daily)

　　8. Users cannot choose their own login method. Apple has been sued for class action in the United States

　　On February 13, Apple was faced with a class action lawsuit, with the indictment accusing Apple of violating the U.S. Computer Fraud and Abuse Act, California’s “Intrusion of Privacy Act” and other laws. (Beijing Business Daily)

　　9. Facebook President: Amazon is more terrifying than Facebook in terms of privacy

　　Facebook co-founder and president Sean Parker said he was more worried about Amazon's invasion of user privacy than Facebook. Parker said there is “no restrictions” on how Amazon stores and listens to private conversations, and the recordings “may be against you in court or used for other purposes.” "If you have a conversation in front of an Alexa-enabled device, Amazon won't guarantee you any privacy," Parker said.

　　Cross-border e-commerce

　　10. Zhou Nan, former Taobao Global Purchase Director, serves as CEO of Lazada Malaysia Station

　　February 13th news, according to foreign media reports, Leo Chow, the first Chinese CEO appointed by Lazada Malaysia Station, took office in January 2019. He will replace Christophe Lejeune to lead Lazada's strategic development and growth in Malaysia and work closely with local functional departments. Zhou Nan entered Lazada Malaysia Station in 2018. His initial position was the regional executive vice president. His main responsibilities were to formulate and implement regional category and classification strategies and manage traffic policies for marketing platforms. Before this, Zhou Nan worked at Taobao for 8 years, serving as Taobao’s global shopping director, mainly responsible for category management. (E-commerce News)

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