#Laogao E-commerce Newsletter #July 23 E-commerce Morning News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on July 23] Consumers' online shopping famous watches were identified as fake. JD.com: blocked the stores involved and investigated; Li Guoqing talked about Yu Yu's seizure of power: hundreds of people's new business will not let me manage it; Opening Taobao online stores to deceive college students in the name of "making graduation designs on behalf of others", and 3 people were sentenced; Xiaomi's first entry into the Fortune 500 Lei Jun: More than 20,000 employees will receive 1,000 shares of stock; 2019 Fortune 500 announced: There are 7 Internet-related companies on the list...

　　E-commerce newsletter

　　1. State Post Bureau: In June, the postal industry handled nearly 45,000 consumer complaints

　　On July 22, the State Post Bureau issued an announcement today stating that the State Post Bureau and the postal administrations of various provinces (autonomous regions and municipalities) handled a total of 44,844 consumer complaints in June, and 42,840 of the complaints involved express service issues, accounting for 95.5% of the total complaints. Among them, the number of effective complaints (which determine corporate responsibility) was 1,637, a decrease of 68.1% over the same period last year. Among these valid complaints, 1,479 cases involved express service issues, accounting for 90.3% of the valid complaints. (E-commerce News)

　　2. Kuaishou Store adjusts charging rules for a new business system is being prepared

　　According to July 22, starting from July 20, 2019, the Kuaishou platform will charge technical service fees for all Kuaishou stores transaction orders. For "products that do not include promotion commissions", they will be charged at 5% of the actual transaction amount; for products that "including promotion commissions", they will be charged at 50% of the promotion commissions actually received by the promoter and will be directly deducted from the promoter's commission. (E-commerce News)

　　3. Consumers’ online shopping famous watches were identified as fake. JD.com: Block the stores involved and investigate

　　On July 22, a consumer recently reported to the complaint platform that he spent 2,567 yuan to buy a mechanical watch of a certain brand at JD's third-party merchant "Senpai Watch Store" on July 4. After receiving the goods, I found that the watch was roughly crafted and the calendar font on the dial was different from the genuine watch. Later, it was identified by a third-party appraisal agency that "this sample does not match the characteristics of the manufacturer's public information" and was a pseudonym watch.

　　In response to this, JD.com responded to the media that after verification, the product qualifications of the merchant involved were compliant. However, in order to maximize the user experience, JD.com has removed the goods involved in the store to further investigate and verify. At the same time, the merchant has been coordinated with the user to obtain a quick refund and provide certain cash compensation for the user. (Pengpai News)

　　4. Li Guoqing talks about Yu Yu's seizure of power: I won't let me take over the new business of hundreds of people

　　On July 22, during the interview, Li Guoqing said, "I gave me 10 million US dollars before the New Year to explore new businesses, but I didn't leave at that time. That was 2014. It was agreed that she came to take care of Dangdang in October 2014, so I didn't care. Then I gave me 10 million US dollars and I opened up new businesses. 2015, 2016, and 2017 have been developing for three years. Dangdang is an LP, just don't point fingers. You can't be human rights or financial rights, give me full rights, so I will hand over all rights, and all of them are under Yu Yu's management. That's the case." (Sina.com)

　　5. Open a Taobao online store to deceive college students under the name of "making graduation design on behalf of others", and three people were sentenced

　　On July 22, a media learned from the Yuhang District People's Court of Hangzhou that a merchant opened a Taobao online store to defraud college students in the name of "making graduation design on behalf of others", and needed to ask college students to pay a deposit of 300 yuan in advance.

　　The court recently sentenced Gao Mou, Gong Mou and three defendants to five years and six months in prison for fraud, and fined them from RMB 60,000 to RMB 30,000. The verdict is now in effect. (Pengpai News)

　　Internet news

　　6. Xiaomi's first entry into the top 500 Lei Jun: More than 20,000 employees will receive 1,000 shares of stock

　　On July 22, Lei Jun released an internal letter today saying that Xiaomi entered the top 500 rankings for the first time. Xiaomi will give 1,000 shares of Xiaomi Group stock to all working colleagues and core outsourcing service teams. The US Fortune magazine released the 2019 World Top 500 rankings today. Xiaomi Group made its first appearance, ranking 468th, ranking 7th among the global Internet companies on the list and 112th among the Chinese companies on the list. (E-commerce News)

　　7. Meicai.com goes to Chicheng County to carry out poverty alleviation and sales action for agricultural products

　　On July 22, Meicai.com signed the "Four-party Poverty Alleviation Strategy Agreement" with the Beijing Branch of the China Development Bank, Chicheng County Agriculture and Rural Affairs Bureau and Beijing Xinchangshengyuan Trading Co., Ltd. It is reported that Meicai.com has joined hands with the Rural Center of the Beijing Science and Technology Commission and the Beijing Branch of the China Development Bank to Chicheng County to use Internet channels to solve local agricultural product sales problems and help local poor farmers get rid of poverty. (Yibang Power)

　　8. ByteDance builds data centers in India

　　On July 22, ByteDance published a blog post saying that the company has taken an important step towards building a data center in India. It also said that a data protection law being formulated by India is consistent with the company's continuous efforts to ensure that the best interests of local users are kept in mind. It is understood that so far, ByteDance's TikTok and Helo applications have stored the data of Indian users in the United States and Singapore. (Financial Headlines)

　　9. The Fortune World 500 announced in 2019: There are 7 Internet-related companies listed

　　On July 22, the Fortune World 500 in 2019 was announced: There are 7 Internet-related companies on the list. Except for Xiaomi, which is newly listed, the rankings of the other six companies have improved compared with last year, namely JD.com, Alibaba, Tencent, Amazon, Google's parent company Alphabet and Facebook from China and the United States. (Fortune Chinese website)

　　Cross-border newsletter

　　10. eBay makes adjustments to the payment method for affiliate marketing traffic expenses

　　It is reported that eBay is changing the way it pays traffic fees to affiliate marketers (affiliated marketing is a form of online marketing that pays for marketing effectiveness. After merchants generate revenue through this channel, affiliate marketing agencies or members will charge fees), and will launch a new price list for the eBay Partner Network (ePN) program, which will take effect this fall.

　　One of the important changes is the calculation of the fee – it will pay the percentage of the sale (probably the sale price or the total transaction value) rather than the percentage of the income paid by the subsidiary (the fee charged from the seller). (Hugo.com)

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