E-commerce Morning News Brief on August 8-Laogao E-commerce News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on August 8] Baidu's strategic investment in SaaS and mini-program service provider Youzan; State Post Bureau: handled 2,710 administrative penalty cases in the first half of the year and fined 21.43 million yuan; NetEase's second quarter financial report: net income of 18.769 billion yuan, e-commerce revenue of 5.247 billion yuan; more than 9 million people across the country are engaged in the traffic-brushing industry; the person in charge of Storm Finance met with investors: said that it involves hundreds of millions of yuan and is confident in repaying the principal...

　　E-commerce newsletter

　　1. "JD Service+" opens service capabilities to merchants

　　"JD Service +" maintenance center recently cooperated with realme and UBL Robots and other brands, opening up service capabilities to merchants, laying out after-sales services in the intelligent field, and providing its users with 3C full categories of after-sales services. "JD Service+" is a service brand under the logistics group. It has three service capabilities: refurbishment, home-to-door and in-store, including four major service scenarios: after-sales review, product testing, product repair, and after-sales return and exchange. It has more than 200,000 engineers. (Yibang Power)

　　2. Baidu's strategic investment in SaaS and mini program service providers are praised

　　On August 8, SaaS and mini program service provider Youzan issued an announcement stating that the entity of China Youzan Holdings received an investment from Baidu. Youzan will become a strategic partner of Baidu Smart Mini Programs. According to the announcement, Baidu SPV, Baidu Online and Qima (a non-whoever-owned subsidiary of Youzan Company) have entered into a subscription agreement on August 7, 2019. (E-commerce News)

　　3. State Post Bureau: Handled 2,710 administrative penalty cases in the first half of the year and fined RMB 21.43 million

　　The State Post Bureau issued a notice on administrative law enforcement of the postal market in the first half of 2019, showing that in the first half of 2019, 6,830 illegal and irregular acts were inspected, 1,141 interviews and warnings were summoned, 4,694 rectification notices were issued, 2,710 administrative penalty cases were handled in the postal market, and a fine of 21.4329 million yuan was imposed. (Securities Times)

　　4. Gree and JD.com reach strategic cooperation

　　On August 8, the signing ceremony of Gree and JD.com was held at the headquarters of Gree Electric Appliances in Zhuhai a few days ago. It is reported that the two parties will reach a strategic cooperation agreement on refrigerators and wash products and rice cooker products, and discuss cooperation in areas such as sales channels, service management, and intelligent research. (E-commerce News)

　　Internet news

　　5. Alipay security team won the first place in the AI ​​data mining competition KDD CUP 2019

　　On August 7, the KDD CUP 2019 competition, known as the "World Cup" of AI data mining, ended in the United States. There were more than 1,600 teams participating in this competition, and the first place was the Alipay security team from China. KDD (Knowledge Discovery and Data Mining) is the highest-level international event in the field of data mining, and has been held for more than 20 consecutive sessions. (36Kr)

　　6. WeChat mini program has added a number of capabilities such as automatic positioning

　　According to official WeChat news, WeChat mini-programs have added backend positioning capabilities, and also added cloud calls, multiple cloud development resource quotas, and a series of expansion capabilities, and upgraded automation testing. (36Kr)

　　7. NetEase's second quarter financial report: Net income of 18.769 billion yuan e-commerce revenue of 5.247 billion yuan

　　According to August 8, NetEase announced its second quarter 2019 financial report today. Financial report data shows that NetEase's net income in the second quarter of 2019 was RMB 18.769 billion (approximately US$2.734 billion), a year-on-year increase of 15.3%; net profit was RMB 3.0714 billion (approximately US$447.4 million); based on non-US general accounting standards (Non-GAAP), net profit was RMB 3.6454 billion (approximately US$531 million), a year-on-year increase of 33.8%. Among them, net income from e-commerce business reached RMB 5.247 billion (US$764 million), an increase of 20.2% year-on-year. (Titanium Media)

　　8. More than 9 million people in the country are engaged in the traffic-brushing industry

　　According to August 7, experts recently pointed out that there are more than 1,000 platforms of various types of volume-brushing platforms in my country, and the cumulative number of personnel in the volume-brushing industry has reached more than 9 million. Judging from the order information of an underground volume-brushing platform, the most frequently browsed data in the entire industry are: article reading volume, e-commerce reviews and others. The regionality of the demand for the volume is relatively obvious, mainly distributed in coastal areas with developed Internet economy. Among them, Guangdong, Beijing and Shandong have far ahead of the scale of personnel. (Cover News)

　　9. The head of Storm Finance meets investors: It says it involves hundreds of millions of yuan and has confidence in repaying the principal.

　　Shi Huayu, the legal representative of Storm Finance, said that judging from the asset verification situation, you have confidence in repaying the principal. The interest part depends on the asset disposal status, and the total time limit for redemption is up to 2 and a half years. It said that all Storm Financial investors still have a total amount of funds in Storm Financial, with a total investment of about 5,000. (Penguin)

　　Cross-border newsletter

　　10. FedEx and Amazon end land transportation contract

　　According to foreign media reports, FedEx announced in a statement on the 7th that it will terminate its land express delivery contract with Amazon at the end of this month and will not renew the contract. It is reported that FedEx had announced in June that it would terminate its US express delivery cooperation with Amazon, but the company said at the time that the decision was limited to air express delivery services. (E-commerce News)

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