#Laogao E-commerce Newsletter# [March 8 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [March 8 E-commerce Morning News] 1. It is accused of encouraging order brushing Pinduoduo to respond to "it is expected to be completely resolved". 2. Tencent spent US$43.41 million to increase its holdings in Vipshop 3. JD.com and Haier deepen cooperation: focusing on the sinking of Jingpin home appliance channels 4. Tesla will cancel the commission for China's first-line sales personnel and gradually close offline stores...

　　E-commerce newsletter

　　1. It is accused of encouraging order brushing Pinduoduo to respond to "it is expected to be completely resolved"

　　Regarding the incident that "Pinduoduo encourages merchants to brush orders in order to promote electronic date lists", the person in charge of Pinduoduo logistics responded that this was an ambiguity in the description of the article. After the new version of electronic formwork is launched, it is expected to completely solve the long-standing problem of false shipment in the e-commerce industry.

　　It is understood that its merchant account previously published an article saying: "False delivery can be exempted from traffic penalty, that is, from now until March 31, orders using Pinduoduo electronic bills can be exempted from traffic penalty for false delivery. In addition, orders using Pinduoduo electronic bills can be exempted from traffic penalty for abnormal logistics and complaints related to logistics." At present, the article has been deleted and will be re-issued in the future. (Yibang Power)

　　2. Tencent spent $43.41 million to increase its holdings in Vipshop

　　On March 8, according to documents released by the Securities and Exchange Commission (SEC), Tencent increased its holdings of Vipshop stocks from February 27 to March 6, and bought a total of 5821,858 shares of ADS in the open market. The weighted average price per ADS was US$7.46, and the total price was US$43410,426. Vipshop responded to the news that Tencent's investment is true. (Sohu.com)

　　3. JD.com and Haier deepen cooperation: focus on the sinking of Beijing home appliance channels

　　Haier Group and JD.com signed a strategic cooperation agreement to formulate in-depth cooperation plans between JD.com and Haier in 2019 in terms of product customization, channel sinking, user experience, marketing, etc. According to the strategic agreement reached by the two parties, Haier's full range of home appliance products will deeply participate in the customization of Jingpin Home Appliances, and use direct supply cooperation with JD Home Appliance Store to achieve channel sinking in the 4-6-tier market. (Sina Weibo)

　　4. Tesla will cancel commissions for first-line sales personnel in China and gradually close offline stores

　　Starting from the second quarter, Tesla canceled all first-line sales commissions in China, only retaining the basic salary, but retaining the possibility of subsequent recovery of some commissions. At the same time, offline stores will also be gradually closed. Sources revealed that two stores in Shanghai are about to start adjustments. A source close to Tesla said that Tesla will cooperate with Alipay to launch the Model 3 online Alipay order placing service. Currently, on the Tesla official website ordering page, Alipay payment has been supported. (International Financial News)

　　5. Tmall: Shanghai, Beijing, Guangzhou, Shenzhen, Hangzhou has the highest independent women index

　　According to reports on March 7, Tmall data showed that the independent women index in first-tier and new first-tier cities has the highest number of independent women, with the top 5 cities being Shanghai, Beijing, Guangzhou, Shenzhen and Hangzhou. With the improvement of women's self-awareness in third- and fourth-tier cities, among the cities with the highest independent consumption potential, Sansha City, Hainan, Miaoli County, Hunan, and Jieyang City, Guangdong, have taken the top three. In addition, the average customer price of female consumers on Tmall has increased year by year, with an increase of 8.85% year-on-year in 2018. Among them, the cities with the highest average customer price are Shanghai, Hangzhou, Beijing, Nanjing and Xiamen. (E-commerce News)

　　Internet Information

　　6. Yang Chaobin, President of Huawei 5G Product Line: It is expected that 500 million users will only take 3 years to develop 5G technology.

　　Yang Chaobin, president of Huawei 5G product line, said, "It took 10 years for 3G technology to develop 500 million users, and 4G technology to take 500 million users. We expect it will only take 3 years for 5G technology to develop 500 million users." He believes that compared with 4G, 5G will provide higher speeds, lower latency and more secure network connections to provide people with a better network experience. Huawei has developed the world's most powerful, simplest and smartest 5G network technology. (Economic Observation Network)

　　7. Yu Minhong: I won’t let my children be the successor of New Oriental

　　According to the evening of March 7, recently, New Oriental Chairman Yu Minhong held his first live broadcast in 2019. During the live broadcast, Yu Minhong once again emphasized the need to promote New Oriental's "three transformations" work, and said that his children would not be allowed to be the successors of New Oriental.

　　Yu Minhong emphasized in the live broadcast that he will personally serve as the leader of the New Oriental's "Three Transformations" (systematization, processization, and standardization) working group to make up for the loopholes that human service may bring. (Chuangyebang)

　　8. Apple adds several new Chinese companies as its main suppliers

　　Five Chinese suppliers of Apple's top 200 supplier list were cancelled, including companies registered in Hong Kong, but another 11 Chinese suppliers were added, continuing the trend of cultivating more Chinese-based manufacturers. The newly added Chinese suppliers include Tongda Group and Xiamen Jingjia Optoelectronics Technology Co., Ltd. (Bloomberg)

　　Cross-border e-commerce

　　9. Lazada's 2019 strategy is expected to serve 300 million users in 2030

　　On March 7, at the Lazada seller conference, Dong Ling, general manager of Lazada's cross-border business, announced the five major strategies for Lazada this year. (Yibang Power Network)

　　10. Alibaba officially launches online car purchase service for Chinese brand cars in Russia

　　Alibaba's cross-border e-commerce retail platform AliExpress recently officially launched an online car purchase service. This move will provide Russian consumers with a new car purchase model that connects online and offline, and will also help Chinese car brands further move to the Russian market. (Xinhua News Agency)

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