August 9th E-commerce Morning News - Laogao E-commerce News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on August 9] This year, Alibaba's 88VIP's rights will be fully upgraded; 6,830 illegal and irregular behaviors were inspected in the first half of the year; 2019 China's top 50 best boards: Tencent ranked first, Alibaba ranked 20th; China's first 5G live broadcast large-scale sports meeting: you can watch independently; China's cross-border e-commerce market research report in the first half of 2019...

　　E-commerce newsletter

　　1. Alibaba Pictures: Shanghai Taopiaopiao provides advertising services to Alibaba affiliated

　　On August 8, Alibaba Pictures issued an announcement stating that the company's merger of its subsidiary Shanghai Taopiao signed a framework agreement for renewed advertising services with AGH's indirect wholly-owned subsidiary Guangzhou Juyao today. The validity period is from August 8, 2018 to March 31, 2020. According to the renewed advertising service framework agreement, Guangzhou Juyao has agreed to encourage its customers to use it, while Shanghai Taopiaopiao has agreed to provide advertising services to promote the products or services of Guangzhou Juyao customers through Shanghai Taopiao’s online platforms and channels. (E-commerce News)

　　2. JD.com has reached a strategic cooperation with Worry-free Life and established Jingmao Technology Co., Ltd.

　　On August 8, JD.com reached a strategic cooperation with LifeWordless, established Jingmao Technology Co., Ltd. to jointly lay out multi-dimensional retail, and realize channel integration by opening up the boundaries of online and offline retail. The two parties will jointly create their own products with exclusive brands and supply chain products for omni-channel target customers. (E-commerce News)

　　3. This year, Alibaba 88VIP's rights will be fully upgraded

　　Duan Ling, head of Alibaba 88VIP, revealed that the rights and interests of Alibaba 88VIP will be fully upgraded this year. Within Alibaba's ecosystem, Alibaba's six direct-operated brands include Tmall Supermarket, Tmall International Direct-operated, Taobao Xinxuan, Alibaba Health, Charming Hui and Tmall Luxury Products, and add 15% off; the ecological membership system is further expanded, and the rights and interests of Fliggy and Aikang Guobin are added on the basis of the ecological rights of Youku, Ele.me, Taopiaopiao, Xiami and Marriott. In addition to Alibaba's ecosystem, 88VIP connects 200,000 brands around the world, and the number of brands with a 15% discount increased from 88 last year to 388. (Yibang Power)

　　4. Postal market inspections 6830 illegal and irregular acts in the first half of the year

　　According to August 8, in the first half of 2019, postal management departments at all levels across the country increased their efforts in postal market supervision and inspection and administrative law enforcement, inspected 6,830 illegal and irregular behaviors, summoned 1,141 talks and warned, issued 4,694 rectification notices, handled 2,710 administrative penalty cases in the postal market, and fined 21.4329 million yuan. (Phoenix.com)

　　Internet news

　　5. Top 50 Best Board of Directors in China in 2019: Tencent ranks first, Alibaba 20th

　　On August 9, Fortune (Chinese version) recently jointly released the first "China's Top 50 Best Board of Directors" list with Aon Hamwitt. It is reported that the list uses the return on net assets, market capitalization growth rate and absolute value, the proportion of independent directors, and the quality of the board of directors as dimensions, and finally selects the 50 companies with the highest comprehensive scores. According to the information on the list, Tencent ranks first, NetEase ranks 10th, and Alibaba ranks 20th. (E-commerce News)

　　6. JD.com announced a strategic investment in Xinchao Media, which raised nearly 1 billion yuan in this round of financing.

　　On August 8, JD.com announced a strategic investment in Xinchao Media. This round of financing is nearly 1 billion yuan, led by JD.com Group, and Huaxing Capital serves as the exclusive financial advisor of Xinchao Media. Zhang Jixue, founder and chairman of Xinchao Media, said that Xinchao Media will focus on community consumption scenarios in the future and create a "China's community's first media traffic platform" covering 300 million to 500 million people every day. (36Kr)

　　7. China's first 5G live broadcast of large-scale sports meetings: you can watch independently with the perspective

　　According to Xinhua News Agency, at the opening ceremony of the Second Youth Games of the People's Republic of China held yesterday, many spectators witnessed the birth of China's first 5G Games. Next to the main stadium, the first 5G demonstration park of the country's sports meet, and the audience gathered in front of a large TV screen to watch the opening ceremony from 4 perspectives.

　　"This is the first time China has applied 5G technology to live broadcasts of large-scale comprehensive sports games." said Wang Wenyan, general manager of the China Network Service Department of ZTE Co., Ltd. (Titanium Media)

　　8. Shiseido released its first half of 2019 financial report, with sales in China reaching 7.2 billion yuan

　　On August 8, Shiseido Group released its first half of 2019 financial report. In the first half of the year, Shiseido achieved sales of 564.647 billion yen (approximately RMB 37.5 billion), a year-on-year increase of 7.5% in local currency, a year-on-year increase of 6.0% after conversion into yen, and operating profit recorded 68.98 billion yen (approximately RMB 4.6 billion), a year-on-year decrease of 3%.

　　The financial report pointed out that the reason for the decrease in operating profit is to strengthen investment in marketing, R&D and talents. Marketing ROI is improving due to continuous investment in digitalization.

　　The Chinese market is still the biggest highlight of this financial report. In the first half of the year, the sales of China reached 7.2 billion yuan, making it the fastest growing market in the world and far ahead. (Europe)

　　Cross-border newsletter

　　9. Research report on China's cross-border e-commerce market in the first half of 2019

　　According to August 8, against the backdrop of increased user demand and enhanced standardization, the scale of cross-border e-commerce transactions is expected to increase to 10.8 trillion yuan in 2019, entering the 1 trillion market. During the "618" period, users' demand for quality assurance and offline shopping experience increased. More than 50% of users chose cross-border e-commerce platforms during the "618" period were concerned about the authentic product guarantee situation, and more than 90% of users expressed satisfaction with the offline consumption experience during the "618" period. (E-commerce News)

　　10. Tmall 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. (Tianxia Online Business)

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