#Laogao E-commerce Newsletter# [E-commerce Morning News on June 26] Tmall invites merchants to access the "timeliness commitment", and when/the next day delivery will cover more categories; 8 departments: Strictly investigate illegal behaviors such as "choose one of two" and "swer orders" on e-commerce platforms; QuestMobile: Pinduoduo's 618th daily active users increased by 48% year-on-year, exceeding JD and Taobao; WeChat advertising launched the "gravity plan" to help advertisers form a closed loop of clue conversion marketing; Alibaba CEO Zhang Yong talks to economics Nobel Prize winners: the platform is a common platform for all participants...

E-commerce newsletter
1. Tmall invites merchants to access the "time limit commitment", and when/next day delivery will cover more categories
Recently, Tmall has made frequent moves in upgrading its online shopping services. After launching the new 5-star store standard before 618, Tmall has once again launched the "merchant timeliness commitment service". The service adopts targeted invitation method, inviting merchants to express and make commitments to the timeliness of shipment and arrival, and Tmall will provide traffic support to merchants.
At present, Tmall has sent invitations to merchants through staff, newsletters, Qianniu customer service platforms, etc. After that, consumers will be able to see labels such as "Same-day delivery", "Same-day delivery", and "Second-day delivery" under more products, and they will perceive faster Tmall logistics speed. (Tianxia Online Business)
2.8 departments: Strictly investigate illegal behaviors such as "choose one of two" and "brushing orders" on e-commerce platforms
According to June 25, recently, the State Administration for Market Regulation, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of Commerce, the General Administration of Customs, the Cyberspace Administration of China, and the Postal Bureau jointly issued a notice, deciding to jointly launch the 2019 special online market supervision action from June to November, code-named "Net Sword Action", severely crack down on prominent problems in the Internet market, create a fair and competitive market order, protect the legitimate rights and interests of consumers and operators, improve the quality of online goods and services, and promote the sustainable and healthy development of e-commerce.
The key tasks of the action include: urging e-commerce platform operators to register and file in accordance with the requirements of the "E-Commerce Law" and other laws and regulations, verify and register the real information of operators entering the platform, establish registration files, and supervise e-commerce operators to show their licensing, certificates and logos.
In accordance with relevant regulations, crack down on false online publicity, orders and credit speculation, illegal promotions, illegal bundling and other behaviors. Severely crack down on illegal acts such as organizing illegal delivery of empty parcels, etc., to help other operators to engage in illegal acts such as brushing orders and speculating on letters. Urge e-commerce platform operators to further strengthen the monitoring and monitoring of order-brushing and credit speculation, improve the product (service) credit evaluation system, and cooperate with law enforcement work. In accordance with the law, e-commerce platform operators will be investigated and punished for restricting operators on the platform from participating in other third-party e-commerce platforms' business activities. (Economic Daily)
3. QuestMobile: Pinduoduo's daily active users increased by 48% year-on-year, surpassing JD.com and Taobao
According to reports on June 25, QuestMobile-related data showed that during the 618th period in 2019, Pinduoduo DAU (daily active users) increased by 48% compared with the same period last year, with DAU net increase of 44 million from 91.38 million to 135 million. Among other major e-commerce platforms, JD.com's DAU increased by 20% year-on-year, from 73 million to 88 million; Taobao's DAU increased by 9.1% year-on-year, from 274 million to 299 million. (E-commerce News)
4. JD Haihuo Global Rate Rules: Data is subject to system monitoring
On June 25, in order to further clarify the definition of the total amount of investment in Jingzhuntong and solve the merchant’s doubts, JD.com intends to revise the "Implementation Rules for the A+B Rate of Haitun Global Open Platform", which will take effect on July 1, 2019. It is reported that the total amount of investment in Jingzhuntong refers to the actual amount of spending of merchants in Jingzhuntong. The total amount of investment in Jingzhuntong includes the real money investment amount of JD Express, brand cumulative effects, shopping contacts, JD.com direct investment, and JD.com Haitou, which is the cash consumed by merchants recharge their accounts in Jingzhuntong. (E-commerce News)
5. FedEx lost $1.97 billion in the fourth quarter of fiscal 2019
According to June 26, FedEx released its fiscal 2019 annual report today. According to the financial report, revenue in the fourth quarter of fiscal year 2019 was US$17.8 billion, with a net loss of US$1.97 billion; revenue in the full year of 2019 was US$69.7 billion, with a net income of US$540 million.
Frederick Smith, chairman and CEO of FedEx, said fiscal year 2019 is a year of challenges and change for FedEx. FedEx enters its fiscal year 2020, focusing on expanding the leading edge of global transportation and logistics companies and making the necessary investments to seize the important market opportunities seen in the future. These actions include strengthening FedEx ground capabilities, speed and efficiency; improving FedEx Express hub automation; modernizing FedEx Express fleets; integrating TNT Express; and reducing unit costs and increasing productivity. (Europe)
Internet Information
6. Xiaomi Group: Repurchasing 2.555 million Class B shares cost nearly HK$25 million
According to June 26, Xiaomi Group issued an announcement last night that it would repurchase 2.555 million Class B shares on June 25, costing nearly HK$25 million. (E-commerce News)
7. WeChat Advertising launches a "gravity plan" to help advertisers form a closed loop of clue conversion marketing
WeChat Advertising launches the "Graining Plan" to help advertisers form a closed loop of lead conversion marketing within the WeChat ecosystem, improve clue management efficiency and ROI, and acquire potential customers on a larger scale and promote business. The "Graining Plan" provides four major ways to obtain customer funds, including forms, attention, online consultation, and one-click call, so that advertisers can flexibly choose the best marketing method based on their own situation. (36Kr)
8. Youku announced cooperation with Huawei
On June 25, Youku announced that it will cooperate with Huawei in content production, promotion and distribution, audio-visual experience and other aspects. The cooperation between the two parties is mainly based on Huawei Video. Huawei Video App in mobile terminals and tablet products will open a special area to display Youku’s content, and will also open up accounts. Youku also stated that the two sides will cooperate more on terminals such as large screens in the future. (E-commerce News)
9. Alibaba CEO Zhang Yong talks to economics Nobel Prize winners: The platform is a common platform for all participants
At the Luohantang Digital Economy Annual Meeting on June 25, Alibaba Group CEO Zhang Yong said in a conversation with three Nobel Prize winners of economics, "The platform is not decided by one person, but is decided by all participants." In Zhang Yong's view, a platform company is not the owner of the platform, but is just operating this platform. "We are only part of the platform, of course, a very important part, but not all." Zhang Yong also believes that it is the joint participation of everyone that the platform is more efficient. (36Kr)
Cross-border e-commerce
10. Portugal Post launches 2-hour delivery service
According to June 25, Portugal Post recently launched a 2-hour parcel express service in Lisbon - CTTNow. It is reported that the new service is a digital platform that can be used through the smartphone app or the Portuguese postal website. Customers can make digital payments or track the packages throughout the process until they are ready to be submitted within 2 hours. The new service was originally launched only in the Greater Lisbon area, and now the service has been designed as an open platform that can be promoted to other partners and courier companies. (State Postal Service)
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