#Laogao E-commerce Newsletter #E-commerce Morning News on April 24

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on April 24] Tmall prepares for the Double Product Online Shopping Festival only for brand flagship stores; SF Express responds to couriers unpacking packages privately: the situation is true; NetEase Koala Double Product Festival: Mainly promotes factory stores to link thousands of brands; Apple responds to being sued by an 18-year-old boy for compensation of 1 billion yuan: store guests are not identified; salary report: Beijing, Shanghai, Guangzhou and Shenzhen are mostly from 5,000 to 8,000 yuan...

　　E-commerce newsletter

　　1. Tmall preparations for the Double Product Online Shopping Festival are only allowed to participate in the brand flagship store

　　According to April 23, the "Double Product Online Shopping Festival" will be held from April 28 to May 10, 2019. In this regard, Tmall recently officially disclosed a series of core gameplay methods. It is reported that during the Double Product Festival, Tmall will set up 30 venues according to different industries, including clothing, consumer electronics, automobiles, home decoration and home furnishings, fast-moving consumer goods, etc., and will be presented to consumers in a personalized manner. In order to respond to the national large-scale import strategy, Tmall International will also be included in the promotion scope of this Double Product Festival. At the same time, in order to cooperate with the upcoming Chinese Brand Day, Tmall will mainly promote domestic products. (Yibang Power)

　　2. SF Express responds to the courier’s private unpacking of the package: the situation is true

　　According to the news on April 23, a netizen said that SF Express couriers privately unpacked their packages and sent messages to harass them. In response, SF Express Group stated through its official Weibo that after receiving the complaint, it immediately set up a special working group to conduct an investigation. The investigation results are true, and it has expressed its apology to the customer and compensated for reasonable losses. At the same time, SF Express said it had transferred the employee away from the position. (NetEase Finance)

　　3. JD Digital Technology and China Unicom release "intelligent site selection" product

　　On April 23, JD.com joined hands with the big data company under China Unicom to officially release the "smart site selection" product. This product aims to use big data and AI algorithm technology to provide physical store operators with intelligent store site selection and optimization services through customer base and environmental analysis.

　　Yibang Dynamics learned that "smart site selection" is the first product to be implemented after JD Digital Technology's strategic investment in smart footprint. At present, it has been launched in the China Unicom business hall in nine provinces and cities in Shanxi and Guizhou. (Huicong.com)

　　4. NetEase Koala Double Product Festival: Mainly promotes factory stores to link thousands of brands

　　According to April 23, in order to welcome the upcoming Double Product Online Shopping Festival, NetEase Koala announced that it will link more than 1,000 global brands to participate in the event. It is understood that the Double Product Online Shopping Festival will be from April 28 to May 10. During the event, NetEase Koala will recommend different types of products around different time periods. (Yibang Power Network)

　　5. Nestlé Group signed a strategic contract with JD.com New Channel

　　On April 23, JD.com Xintonglu and Nestlé Group signed a strategic cooperation agreement, and the two parties will carry out in-depth cooperation in product incubation, channel co-construction, brand building, etc. Nestlé will open customized products for JD.com New Channel and provide shopkeeper customized suits for shopkeepers. In the future, Nestlé will also in-depth integration with Xin Channel, and provide products exclusively with products from incubation channels. (Yicai.com)

　　Internet Information

　　6. Short video growth begins to be weak. Industry dividend period has passed

　　According to the news on April 23, the "2019 Spring Report of China Mobile Internet" released by QuestMobile shows that after the short video industry ran rapidly and exceeded the 800 million mark, its growth began to weaken and the industry dividend period has passed. The report shows that in March 2019, the monthly active users in the short video industry reached 800 million, a year-on-year increase of 42.2% and a month-on-month decrease of 2.4%. In February 2019, the monthly active users in the short video industry were 820 million, exceeding the 800 million mark for the first time. (Zhongguancun Online)

　　7. Apple responded that it was sued by an 18-year-old boy for compensation of 1 billion: no store customers were identified

　　Apple has been recently accused of having a facial recognition software used in Apple's retail store misunderstood when catching a thief. A New York student sued Apple for this and claimed $1 billion. An Apple spokesperson said the company did not use facial recognition technology in its stores. New York Police Detective John Reinholder said that technically Apple did not deploy facial recognition technology in stores, but the statements he made in the lawsuit were not problematic. He refused to explain further. (Sina Technology)

　　8. Fortune Magazine: Compared with the noisy Chinese technology circle, Ma Huateng is very low-key

　　Recently, Fortune magazine wrote: "In the noisy Chinese technology circle, Ma Huateng has always been very low-key compared to others. However, because Tencent's instant messaging mobile application WeChat has one billion users, his influence spread all over the world." Fortune believes that WeChat is a model of the super application model, and users can pay bills, order takeout, book tickets, play games, etc. through the single interface of the mobile application. Competitors, including Facebook, are now making strategic adjustments to imitate its success. (Chuangyebang)

　　9. Salary report: The monthly salary of Beijing, Shanghai, Guangzhou and Shenzhen is mostly between 5,000 and 8,000 yuan

　　On April 23, the "2019 National Wage Report" released by Tencent Financial Management, Tencent Financial Technology Think Tank and Tencent Penguin Think Tank, showed that the top 6 cities with monthly salary of over 10,000 are Shanghai, Beijing, Shenzhen, Nanjing, Hangzhou, and Guangzhou; the majority of respondents in Beijing, Shanghai, Guangzhou and Shenzhen are between 5,000 and 8,000 yuan; the three industries with the highest salary levels are the Internet, real estate, and finance; more than 60% of respondents’ wages are less than expected; 50% of respondents’ money used for financial management is less than 20% of their salary.

　　Cross-border e-commerce

　　10. eBay released its first quarter financial report for fiscal year 2019 net revenue of US$2.6 billion

　　According to April 24, eBay released its first quarter financial report for fiscal year 2019 today. The report shows that eBay's net revenue in the first quarter was US$2.643 billion, a 2% increase from US$2.58 billion in the same period last year; net profit from continued operations was US$521 million, a 28% increase from US$407 million in the same period last year; total commodity transaction volume (GMV) was US$22.6 billion, a 4% decrease compared with the same period last year, and the impact of excluding exchange rate changes was a 1% year-on-year decrease. (E-commerce News)

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