#Laogao E-commerce Newsletter# [E-commerce Morning News on July 16]

E-commerce newsletter

1. JD Logistics Wang Zhenhui responded to cancel the basic salary of delivery staff: Reducing costs is not the purpose, but to promote employees to collect parts.

According to news on July 15, JD Logistics CEO Wang Zhenhui said that the cancellation of the basic salary of delivery staff has no effect on cost reduction, but has achieved the purpose of incentivizing delivery staff to collect parts, and delivery staff's income is still steadily increasing. (E-commerce News)

2. NetEase Kaola lays out the maternal and infant supply chain and cooperates with Beiqin

July 15th news, today, NetEase Koala signed a strategic cooperation agreement with maternal and child products company Pigeon. In the future, the two parties will cooperate on the supply chain side to jointly increase the maternal and infant products market. In the first half of 2019, NetEase Kaola accelerated its layout of the global maternal and child supply chain, and successively reached strategic cooperation or strategic cooperation upgrades with brands such as Abbott, Nestlé China, and Homson. (Yibang Power)

3. Bureau of Statistics: The total retail sales of consumer goods in the first half of the year was 19521 billion yuan, a nominal increase of 8.4% year-on-year

It was learned from the National Bureau of Statistics that in the first half of 2019, my country's total retail sales of consumer goods was 19521 billion yuan, a nominal increase of 8.4% year-on-year (the actual increase after deducting price factors was 6.7%, and the following are nominal growth except for special statements). Among them, the total retail sales of consumer goods in June was 338.78 billion yuan, an increase of 9.8% year-on-year. In the first half of the year, the national online retail sales reached 4816.1 billion yuan, an increase of 17.8% year-on-year. Among them, the online retail sales of physical goods was 3816.5 billion yuan, an increase of 21.6%, accounting for 19.6% of the total retail sales of consumer goods. (Europe)

4. Fresh food e-commerce platform "Laishangcai" seeks 15 million Pre-A round financing

On July 15, "Laishangcai", a platform that provides fresh food services to the B-end and C-end, will begin trial operation from May this year and is headquartered in Wuhan. Lai Shangcai has received millions of RMB angel round financing invested by Huahe Fresh. At present, Lai Shangcai is seeking Pre-A round of financing, with a financing amount of 15 million. It is planned to be used for platform technology development, expand its supply chain, further improve its product types to meet the needs of B and C users, expand its business to other cities, and conduct large-scale traffic diversion. (E-commerce News)

5. Dunhuang.com seller account management policy: Money withdrawal will be suspended

According to July 15, in order to maintain the normal operating order of the platform, Dunhuang.com recently made relevant adjustments and updates to the "Seller Fund Account Management Policy", and the rules will officially take effect on July 19. It is reported that the updated fund account withdrawal rules show that after the transaction between the buyer and the seller is completed, the transaction amount will be recorded in the seller's fund account. The seller can instruct Dunhuang.com to withdraw the balance recorded in his fund account to the bank account filled in by the seller. At the same time, the relevant bank transfer procedures will be borne by the seller. (Yibang Power)

Internet news

6. Baidu's quarterly social responsibility report: Use AI to retrieve 6,700 missing people in three years

According to July 15, Baidu's official WeChat account released the Baidu Corporate Social Responsibility Quarterly Report today. The report shows that by integrating platform resources, using innovative technologies and joining charity partners, Baidu has achieved new achievements and progress in public welfare fields such as finding lost people, helping blind people improve their lives, controlling tobacco, and opposing domestic violence. According to the report, Baidu has helped more than 6,700 missing people reunited with their families in the past three years. At the 2019 Baidu AI Developer Conference, Baidu CEO Robin Li revealed that since the launch of "Baidu AI Finder" in 2016, users have initiated more than 200,000 photos comparisons. (Titanium Media)

7. Facebook fined $5 billion

On July 15, the Federal Trade Commission (FTC) approved a settlement with Facebook, but the latter paid a $5 billion fine and other additional restrictive clauses. If submitted to the Department of Justice for review and approval, this amount will also create the largest fine since the establishment of the Federal Trade Commission. (E-commerce News)

8. Online car-hailing data: Didi's daily orders are 24 million, Gaode 700,000, Meituan 500,000

At present, Gaode Map's daily online car-hailing orders are 700,000. Meituan currently has a scale of 400,000 to 500,000 orders, of which there are about 300,000 orders in the self-operated cities of Shanghai and Nanjing, and the aggregate model is 10,000 to 20,000 orders, which is a big gap from self-operated. Didi’s daily online car-hailing orders are around 24 million. At present, Cao Cao's daily orders are around 400,000 orders, Shouqi's daily orders are 600,000-700,000 orders, and Baidu Map's 150,000. The daily orders of the entire offline taxi industry are around 50 million, which is far higher than the total scale of mobile travel. (LatePost later)

9. Alibaba's shareholders' meeting approved the increase in the number of authorized shares of common stocks and the "one demolition and eight" plan

On July 16, Alibaba's annual general meeting approved the increase in the authorization data of common stocks and approved the "one-to-eight" common stock trading plan, including all outbound options, restricted stock units (RSUs) and share split details. (E-commerce News)

Cross-border newsletter

10. India plans to introduce policies to crack down on "gift customs clearance" tax evasion

About six months after Mumbai Customs took similar action, courier companies in Bangalore and Delhi have stopped shipping parcels in the name of “gifts”, in order to prevent e-commerce goods from Southeast Asia and China from evading tariffs in the name of “gifts.” As of now, the Central Indirect Tax and Tariff Commission is considering amending the CB-12 rules to limit the number of gifts an individual can receive from abroad. Another source said the tax authorities are considering larger-scale amendments to the customs law. (Hugo.com)

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