#Laogao E-commerce Newsletter# [E-commerce Evening News on August 6] Weitao customized three major development strategies to open to merchants and experts in August; Kuaishou E-commerce launched a thunder operation, focusing on cracking down on private illegal transactions; Suning 818 Fever Shopping Festival, opening up Kuaishou stores; JD.com’s big data one week before the Chinese New Year: lipstick sales increased by 102%; ofo launched a new model with piles, and paid a 20 yuan management fee if parking is not required...

E-commerce newsletter
1. The three major development strategies of Weitao Customization will be opened to merchants and experts in August.
On August 6, Liang Hongliang, the head of Taobao content e-commerce middle platform and Weitao, revealed at the Weitao merchant conference held on August 1 that Weitao is undergoing a new upgrade, hoping to build a relationship-based e-commerce content community to empower and support Double 11. In addition, the upgraded content will be opened to merchants and experts on the platform from August. (E-commerce News)
2. Kuaishou E-commerce launches thunder operation, focusing on cracking down on private illegal transactions
On August 6, Kuaishou E-commerce launched the Thunder Operation and issued the "Notice on Guided Private Transactions in Live Broadcast Rooms and Short Video Works". Private illegal transactions are the focus of the crackdown on this Kuaishou E-commerce Thunder Operation. The action will officially include the behavior of private transactions through WeChat and other means in the community management specifications, and strengthen management of anchors who violate private transactions. The "Notice" discloses the first batch of private transactions and banned sales lists, including jewelry, beauty and skin care, food and medicine, pesticides and veterinary medicine, medical health care, books/audio and video products, antiques, etc. (E-commerce News)
3. Suning 818 Fever Shopping Festival, open up Kuaishou Store
On August 6, Suning.com announced that it had officially opened Kuaishou stores and increased its investment in the "818 Fever Shopping Festival". During the live broadcast, Kuaishou users can directly jump to Suning.com through Kuaishou store to purchase. Suning Smart Retail’s full-scene service will bring more diversified service scenarios to consumers and merchants. (Europe)
4. Big data on the week before JD.com’s Chinese Valentine’s Day: Lipstick sales increased by 102%
According to August 6, it is reported that JD.com released the big data the week before the Chinese Valentine's Day. Data shows that the sales of flowers and chocolates did not increase significantly in the week before the Chinese Valentine's Day, and the sales of gold jewelry, lipsticks, perfumes and watches increased the highest. "Qianxi Valentine's Day Gift" has become the top 1 popular search terms. At the same time, "romantic" and "surprise" are the most searched supplementary keywords. (E-commerce News)
5. Suning Logistics’ three major scenario solutions: From warehouse to store to home
August 6th news, yesterday, at the Suning Logistics Partner Conference, Suning Logistics Executive President Yao Kai said that he would jointly build a full-scene infrastructure platform with his partners. It is expected that by 2020, the construction of 20 million sq.m. cold chain warehousing will be completed; by 2022, the construction of 1 million square meters of cold chain warehousing will be achieved. (Europe)
Internet Information
6. Meitu responds to trademark registration: It does not affect Meitu's normal operation
Regarding the trademark registration matter, Meitu responded: Regarding the case that Xiamen Meitu Technology Co., Ltd. applied to revoke the "meitu" trademark rejection decision made by the former Trademark Review and Adjudication Committee of the State Administration for Industry and Commerce, the case was rejected by the court. The 45 categories were rejected. Xiamen Meitu Technology Co., Ltd.'s application for this category is mainly used for defensive protection and does not involve the current Meitu business. This rejection does not affect Meitu's normal operation. (Daily Economic News)
7. Starting next month, JD Finance and Baidu's Du Xiaoman will also charge for repaying credit cards.
Starting next month, JD Finance will charge 0.15% of its credit card return part of 10,000 yuan, and it will start trial adjustments from August 5; and starting from August 29, Baidu's Du Xiaoman credit card repayment will charge an additional 0.1% of the actual repayment amount as a handling fee for each transaction. At this point, in terms of repaying credit card service providers, WeChat, Alipay, JD Finance, and Baidu's Du Xiaoman have bid farewell to the past completely free era. (Broker China)
8. ofo launches a new pile-up model, and does not pay a management fee of 20 yuan if parking according to regulations
ofo launches a piled mode, that is, there is no physical pile, but when the user finishes the order, he needs to find a dedicated parking point to complete the return of the car. If the user does not park according to the rules, he will need to pay a 20 yuan vehicle management fee. In this regard, Yu Xin, co-founder ofo Xiaohuangche, confirmed to the media: "ofo is indeed implementing a new model of piles, which has been launched in Luohu District and Futian District, Shenzhen and is operating well." (Investment World)
9. Zhang Chaoyang: Sohu may make a profit in the fourth quarter, and the stock price will come back tonight
On August 6, during the financial report media communication meeting, Zhang Chaoyang said when talking about the sharp drop in stock prices, "I hit the gun yesterday, and the global economy was in a state of panic. Investors reacted a little too aggressively in the panic, and chose to sell, and did not have the patience to look at the financial report data for this quarter." He also predicted, "The stock price will come back tonight." Zhang Chaoyang also gave a timetable for when Sohu Company will make a profit. "At the current rate of loss reduction, the group may make a profit in the fourth quarter, and the group's losses may be compensated by Sogou and Changyou's profits." (Sina.com)
Cross-border e-commerce
10. Amazon Accelerator project launches new model commission cuts by 6%
On August 6, Amazon Accelerator project under Amazon Global Store Fashion + Project launched a new model.
It is reported that this new model has three main changes. In terms of commission, project commission will be reduced from the original 13% to 7%. At the same time, Amazon will no longer serve paid click ads on behalf of sellers, and sellers will freely manage brand ads.
In addition, the seller must submit a social responsibility factory inspection report. For sellers who have not initiated a social responsibility audit but want to join the project, they can apply for a new audit and submit relevant application certificate within 90 days of joining the project. After passing the review of the social responsibility factory inspection report, you can obtain the exposure position of Amazon's own brand. It is understood that it takes about 30-45 days from the review schedule to the receipt of the report. (Yibang Power Network)
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