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

　　#Laogao E-commerce Newsletter# [E-commerce Evening News on August 8] 1. Baidu responded to personal information security issues: resolutely resist and would never conduct such business; 2. During the Chinese Valentine's Day, 2.51 million people nationwide received electronic marriage certificates through Alipay; 3. JD.com's 5G intelligent logistics demonstration park is about to be launched in Wuhan; 4. China Mobile: Traffic dividends fade rapidly, and the company's revenue and profits are under great pressure; 5. Tencent responded to "consulting a $5 billion loan with banks": no evaluation...

　　E-commerce newsletter

　　1. JD 5G Intelligent Logistics Demonstration Park is about to be launched in Wuhan

　　On August 8, JD Logistics Central China Branch held a cooperation signing ceremony with Hubei Unicom, announcing that it will build a high-intelligence, self-decision-making and integrated 5G intelligent logistics demonstration park in Wuhan. At the same time, the two parties will also conduct more in-depth cooperation in the fields of cloud technology, smart supply chain, e-commerce platform docking, payment channel sharing, etc. (E-commerce News)

　　2. WeChat Pay releases a report: The transaction volume of e-commerce mini-programs is 27 times that of the same period last year

　　WeChat Pay today released the "2019 "Smart 36 Lines" Industry Development Report". The report mentioned that the transaction volume of e-commerce mini-programs in the first half of 2019 was 27 times that of the same period last year, and mini-programs have become a tool for the retail industry to increase its operating capabilities. The post-80s and post-90s generally accept new things faster. Data shows that face-scanning payment is accepted among all age groups, but the post-80s and post-90s have become the most active new force among them. (36Kr news)

　　3. During the Chinese Valentine's Day, 2.51 million people nationwide received their electronic marriage certificates through Alipay.

　　The day before the Chinese Valentine's Day, Alipay launched an electronic certificate processing mini program including electronic marriage certificates in five provinces and cities. During the Chinese Valentine's Day holiday, the number of people receiving electronic certificates nationwide surged by 20%, of which the receipt of electronic marriage certificates increased by 1,000%. 2.51 million people nationwide have received electronic marriage certificates. (36Kr news)

　　4Tmall International officially launches "Overseas Exclusive Store"

　　On August 8, Tmall International officially launched the "Overseas Exclusive Store" business. This business adopts a new business model, with celebrities and experts opening stores and responsible for content production and output. Tmall International provides platform supply chain capabilities for exclusive stores, including product selection, procurement, warehousing, logistics, inventory, and pre-sales and after-sales services, and adopts a distribution cooperation model. (36Kr)

　　Internet news

　　5. Baidu responds to personal information security issues: Resolutely resist and will never conduct such business

　　In response to the problem of the black industrial chain of citizens' personal information leaking, Baidu stated that selling or providing citizens' personal information to others is a prohibited act by law. Baidu firmly resists such behavior and will never conduct such business. (36Kr)

　　6. Tencent responded to "consulting $5 billion loan with banks": no evaluation

　　On August 8, according to Bloomberg, Tencent Holdings seeks to obtain a loan arrangement of about $5 billion from banks, which will be mainly used for refinancing and general corporate purposes. In response, a relevant staff member of Tencent Investor Relations Department said, "There is no evaluation of the report." (Pengpai)

　　7. Multi-mode operation of fresh food e-commerce approached the 10 million market in June 2019

　　In June 2019, the number of independent equipment for fresh food e-commerce operated by multi-modal models reached 9.51 million units, approaching the market of 10 million, but the growth rate slowed down, and the integrated development of online and offline is the trend. The users are mainly women, and the users aged 25-35 account for the highest proportion. First- and second-tier cities rely on the technical support of cold chain transportation to divide the "cake" of the fresh food market. At the same time, fresh food e-commerce uses mini programs to make efforts to make up for the traffic gap in the APP market. (Yibang Power)

　　8. Baidu Ping Xiaoli: Information flow technology is not as difficult as search, search is already a competition in the ecosystem

　　Regarding ByteDance's entry into the search engine business, Ping Xiaoli, general manager of Baidu APP, said that the search and information flow products are highly similar but different, and information flow is not helpful to the search business. Ping Xiaoli believes that search faces hundreds of millions of web page libraries and content libraries, while information flow recommends content from content libraries of 100,000 or 100,000, and the content is relatively standardized. Therefore, the data that search and information flow need to process are several orders of magnitude different. Ping Xiaoli also believes that search is not only a competition of technology, but also a competition of ecosystems, not only information, but also services. (Tencent First-line)

　　9. China Mobile: Traffic dividends fade rapidly, and the company's revenue and profits are under great pressure

　　36Kr learned that China Mobile stated in its 2019 interim performance report that China Mobile stated that as the traditional communications business market tends to be saturated, the traffic dividends quickly faded, the overall industry showed negative growth, and the company's revenue and profits were also under great pressure. (36Kr)

　　Cross-border newsletter

　　10. AliExpress speedup: Free returns can be enjoyed in Russia, France and other countries

　　Alibaba's global retail e-commerce company AliExpress will launch a comprehensive upgrade of the free return policy in major regions of eight pilot countries in August. Consumers in these eight countries that meet regional conditions will be able to return the goods for free without condition and no reason to free of charge to AliExpress's cooperative warehouses in various countries within fifteen days of receiving the goods, and will be free of charge. (Yibang Power)

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