#Laogao E-commerce Newsletter# [E-commerce Evening News on March 12] Tmall International Merchants Pay attention! These situations will endanger transaction security; JD responded to the 995 working system: not mandatory but fully committed; JD produces Wuchang rice: realizes "Beijing Made" from field to table; Alibaba responded to completing the merger and acquisition of Aikang Guobin: based on Aikang Guobin announcement; more than 30 new quasi-unicorns in Hangzhou, concentrated in the fields of enterprise services, medical and health...
E-commerce newsletter
1. Pay attention to Tmall International merchants! These situations will endanger transaction security
According to reports on March 12, in order to regulate merchant operations, Tmall International recently changed the relevant rules that "endanger transaction security" in the "Tmall International Terms of Service Rules".
The new regulations require that members should conduct transactions in accordance with the requirements of Tmall International’s transaction process, and merchants should reasonably protect the buyer’s rights and interests.
If a member occurs or may soon cause an act that endangers the security of transactions or Tmall International’s account security, Tmall International will take temporary market control measures such as international Alipay account, closing stores, store supervision, restricting shipment, restricting website login, restricting the use of Alibaba Want Want, restricting the sending of in-site messages, extending transaction timeouts, restricting buyer behavior, blocking of products in the whole store and reducing product search rights in the whole store, etc., and then partially or completely lift the control after Tmall International confirms that the risks are basically controllable. (Tmall rules)
2. JD.com responds to the 995 working system: not compulsory, but be fully committed
According to reports on March 12, on the workplace social platform, some self-proclaimed JD employees said that JD will implement the "995" working system in the future. In response, the relevant person in charge of real-name authentication of the public relations director of JD Fast Consumer Business Group responded on Maimai:
1. Fighting and passion are the DNA written in JD's blood. JD's first stage success is achieved by doing the hardest and most tiring things, and JD's future development is no shortcut except to work harder and harder. 2. At present, JD.com is comprehensively promoting the upgrading of organizational culture and strategy. The management will take the lead in setting an example, return to its original aspiration, and use the passion and fighting spirit to start a business to lead the next stage of development. 3. We believe that everyone’s happiness is achieved through hard work. We will not force employees to work overtime, but we encourage everyone to devote themselves and produce efficiently, creating greater value not only for customers and partners, but also for themselves and their families. ” (Maimai)
3. JD.com produces Wuchang rice: Realize the "Beijing-made" from field to table
On March 12, JD.com Group and Wuchang Osutong Agricultural Technology Co., Ltd. have established JD.com in the two core production areas of "Wuchang Rice" in Minle Township and Anjia Town, Wuchang City. Relying on JD Farm’s full-process visual traceability system and JD Farm production management standards, the full-process monitoring and supervision of Wuchang Rice Flower Fragrance Rice from the field to the dining table will be realized. In the future, the products will be sold through JD Farm’s exclusive online platform "Jingpinyuan JD Self-operated Flagship Store". (E-commerce News)
4. Alibaba responded to completing the merger and acquisition of Aikang Guobin: Aikang Guobin's announcement shall prevail
Regarding the merger and acquisition of Aikang Guobin, Alibaba responded that it would not make any statement, and the announcement of Aikang Guobin shall prevail. Alibaba said that consumer medical care is one of Alibaba Health's main businesses, and physical examinations are the main area of consumer medical care; Aikang is an industry-leading physical examination service provider and has always had good business cooperation with Alibaba Health. In the future, the two parties will carry out in-depth cooperation in the fields of physical examination members' operation, online and offline omni-channel service exploration, and artificial intelligence diagnosis and prediction of disease. (Sina Technology)
5. Qudian released its fourth quarter and annual financial report for 2018 on March 18
On the evening of March 11, Beijing time, Qudian (NYSE:QD) recently announced that it will release its fourth quarter and full-year financial report for 2018 ended on December 31 before the opening of the US stock market on March 18, 2019 (evening March 18, Beijing time).
After the financial report is released, the Qudian management team will hold an earnings conference call at 7 a.m. Eastern Time on March 18 (7 p.m. Beijing time on March 18). (Sina Technology)
Internet news
6. China Mobile and CCB signed a contract to create 5G products and solutions in the field of financial technology
China Mobile Group and China Construction Bank held a signing ceremony for the 5G joint innovation cooperation memorandum. In the future, the two sides will jointly create 5G products and solutions in the field of financial technology to promote the innovative and integrated development of the financial and communication industries. (Securities Times)
7. SoftBank CEO Masayoshi Son: He will meet Jack Ma basically every month
According to foreign media reports, SoftBank CEO Masayoshi Son said in an interview with CNBC that he and Jack Ma are very good partners and very good friends, and basically meet every month. "I think Jack Ma will still be an important visionary person. Whenever they (Alibaba) need advice, he will help them. He will always be there. But for a long time, Jack Ma has told me that his style is to let the young people below him grow as soon as possible, so that he doesn't have to worry about daily affairs." (Tencent Technology)
8. More than 30 new quasi-unicorns in Hangzhou are concentrated in the fields of enterprise services, medical and health care
On March 12, the Hangzhou Venture Capital Association and Microchain jointly released the "2019 Hangzhou Unicorn & Quasi-Unicorn Enterprise List". As of February 28, 2019, there were 30 unicorns and 138 quasi-unicorns in Hangzhou, with a total valuation of over US$330 billion.
The report shows that most of the financing stages of quasi-unicorns are concentrated in the B round. In the comparison of the field distribution in 2018 and 2019, the proportion of quasi-unicorns in the fields of enterprise services, medical care and advanced manufacturing showed a significant increase, with an average growth of more than 5 percentage points; the proportion of quasi-unicorns in the fields of automobile transportation, education, etc. showed a significant decrease. (Titanium Media)
9. New Oriental insiders responded to the listing of Hong Kong stocks: Official news shall prevail
According to reports on March 12, according to multiple media reports, New Oriental Online will officially start a global roadshow on March 14, and is expected to be finalized on March 20, and the company's stock will be officially listed and traded on the Hong Kong Stock Exchange on March 27. Today (March 12), an insider in the marketing department of New Oriental Online responded to the Beijing News reporter: This news has not been learned yet, and the official news shall prevail. (Beijing News)
Cross-border newsletter
10. Amazon compromise: no longer requires sellers to provide the lowest price on the entire network
Amazon is the world's largest e-commerce company, and its overly large scale and market share have also been accused and criticized by monopolizing the market and creating unfair competition. According to the latest news from foreign media, after being criticized by external sources, Amazon will no longer require third-party merchants selling products on its U.S. platform to not be able to offer the same products at lower prices on other e-commerce sites. (Tencent Technology)
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