#Laogao E-commerce Newsletter #March 26 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on March 26] Dongguan regulatory authorities: The "E-commerce Law" will not trace past behaviors; BOE released its 2018 annual report with revenue of 97.109 billion yuan; Tmall International's three major measures accelerate the implementation of US$200 billion in large-scale imports; pay taxes? Amazon sellers are "panicked"; JD.com's shopping circle recruits super partners and also provides exclusive brokers...

　　E-commerce newsletter

　　1. Dongguan regulatory authorities: The "E-Commerce Law" will not trace past behaviors

　　Regarding the issue of whether the behaviors of the E-Commerce Law will be traced before the merchants come into effect, the Dongguan Municipal Market Supervision Bureau and the Dongguan Municipal Taxation Bureau stated that the E-Commerce Law requires platforms to submit the identity information of the operator. Online store business data involves private information and business secrets. The market supervision department will not require the platform to report it unless it is necessary to investigate individual cases. For those who require the platform to submit online store operating data for the needs of investigating individual cases, the market supervision department will follow the principles of legality and appropriateness and formulate strict confidentiality measures. (21st Century Business Herald)

　　2. BOE released its 2018 annual report revenue reached 97.109 billion yuan

　　On March 26, the summary of the 2018 annual report released by BOE showed that in 2018, it achieved operating income of 97.109 billion yuan, a year-on-year increase of 3.53%; net profit of 3.435 billion yuan, a year-on-year decrease of 54.61%. BOE said that due to changes in market supply and demand, the semiconductor display industry continues to hover at a low level, and the price competition for major products is fierce; affected by the market environment, the prices of the company's main panel products showed a downward trend, and the overall operating performance declined year-on-year. (PingWest)

　　3. Tmall Supermarket: covers 300 million household users within two years

　　On March 25, Li Yonghe, president of Tmall Supermarket Business Group, announced at the merchant conference that he would comprehensively upgrade the service scenarios and cover 300 million household users within two years. Tmall Supermarket will upgrade its fresh food business to "supermarket one-hour delivery" in early April. Fresh fruits and daily necessities that originally took half a day or 1 day to deliver to consumers will be delivered as soon as one hour later. (E-commerce News)

　　4. Tmall International's three major measures accelerate the implementation of large-scale imports of US$200 billion

　　On March 21, Tmall International held a global merchant conference and released three key strategies for imports in 2019: 1. Upgrade direct business; 2. Create a new model of direct purchase of overseas warehouses; 3. Join forces with Taobao Live, Weibo, Xiaohongshu and other channels to expand the content reach channels. Liu Peng, general manager of Tmall Import and Export Division, said that in order to achieve the goal of importing US$200 billion in the next five years, Tmall International has established six major procurement centers in the world, including North America, Europe, Asia-Pacific, Southeast Asia, Australia and New Zealand, and will focus on introducing related brands and products in these regions in the next five years. (Yibang Power)

　　5. JD.com’s shopping circle recruits super partners and also provides exclusive brokers

　　According to March 25, JD.com recently officially released the "super partner" plan for shopping circles, preparing to invest tens of millions of cash, plus the exposure of billions of yuan, a group of "grass-planting experts" in the shopping circles have been incubated. This means that JD.com will also be a community platform for expert content planting similar to "Xiaohongshu".

　　It is understood that in order to incubate the "grass-growing experts" in the shopping circle, JD.com has also formulated a complete closed-loop support plan and made a lot of emphasis on brand cooperation, traffic distribution, packaging promotion and other aspects. (E-commerce News)

　　Internet Information

　　6. Toutiao secretly incubates K12 online school business

　　Toutiao has secretly incubated the K12 online school business and is planned to be officially launched during the summer. Some of the core leaders of teaching and research and product come from Xueersi Online School and Yuanfudao. In response, Toutiao said it is not convenient to respond to this. At present, the AI ​​pseudo-live foreign teacher course APP, aikid, has not been updated for four consecutive months. According to an unconfirmed news, the brand has been merged into the one-on-one brand of children's English under Toutiao, and the head of gogokid's business sales has been transferred and no advertising will be placed outside the system. (36Kr)

　　7. Tencent Short Video Creation Alliance Master Class Opens

　　Penguin released the "Hit-It-It-It-It-It-It-It-It-It-It-It-It-It-It-It-It-One" creator community plan and announced the establishment of the Tencent Short Video Creation Alliance. After two months of roadshow and screening, 100 creators joined the alliance and became chief members. The alliance's first master class invited documentary producer and director of "Adventure Life" Zhao Qi to share his creative experience. He said, "Content creation has its own value choices from material selection to the use of each shot. The real-time traffic brought by the operation of tricks is completely different from the results brought by long-term considerations." (36Kr)

　　8. Alibaba's investment in Shangfan Information

　　According to reports on March 25, Tianyan Check data showed that on March 22, Alibaba (China) Network Technology Co., Ltd. added new foreign investment - Shanghai Shangfan Information Technology Co., Ltd. At the same time, the registered capital of Shanghai Shangfan Information increased from more than 1.35 million to more than 1.57 million. Founded in 2015, Shanghai Shangfan Information Technology Co., Ltd. is a company focusing on providing online services to retail companies. (E-commerce News)

　　Cross-border e-commerce

　　9. Pay taxes? Amazon sellers are "panicked"

　　Recently, foreign media reported that the California Tax and Fee Administration (CDTFA) is trying to impose sales taxes owed to Amazon FBA sellers over the years. At the same time, it requires some Amazon FBA sellers outside the state to comply with California sales tax and license laws and pay taxes. The taxes these sellers were told to pay date back up to eight years ago. (Yibang Power)

　　10. Global cross-border payment platform "Airwallex" received US$100 million Series C financing

　　Airwallex (Changyunhui), a global cross-border payment platform, officially announced today that it had received a US$100 million Series C financing, led by DST Global. After this round of financing, Airwallex's total financing amount reached US$202 million, with a valuation of more than US$1 billion. Jack Zhang, founder and CEO of Airwallex, said that this round of financing will be mainly used to explore the global market, focus on the small and medium-sized enterprise market, and increase technology investment and product research and development. (36Kr)

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