E-commerce Morning News on August 13

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on August 13] WeChat: More than 5,000 WeChat groups involved in "illegal and contraband" were closed; Xiangpiaopiao released its 2019 semi-annual report, with revenue increasing by more than 58% year-on-year; China Telecom will launch a new 5G number segment in Beijing in September; Zhihu Zhouyuan’s full staff letter: fast means life, slow means death, and born for efficiency; Alibaba responds to "only online ride-hailing platform": the news is untrue...

　　E-commerce newsletter

　　1. Suning Consumer Finance Suninghua Liu Feng was launched as general manager

　　According to August 13, after nearly a year of vacancy, the position of general manager of Suning Consumer Finance Co., Ltd. (hereinafter referred to as "Suning Consumer Finance") has finally welcomed a new candidate. On August 2, the qualifications of Liu Feng, the new general manager of Suning Consumer Finance, passed regulatory approval. A person close to Suning Consumer Finance management told the Times Weekly reporter: "The new general manager was officially appointed after receiving the job approval recently. He is still familiar with the company's situation." (E-commerce News)

　　2. WeChat: Block the WeChat group for more than 5,000 "illegal and contraband" sales.

　　On August 12, the WeChat Security Center announced today that in the past six months, the platform has used user complaints and reports data and has been verified and confirmed. A total of more than 16,000 WeChat accounts that publish information on selling "illegal and prohibited products" have been imposed step-by-step penalties, and more than 5,000 WeChat groups involved in selling "illegal and prohibited products" have been blocked, and more than 3,500 links involving the dissemination of "illegal and prohibited products" have been blocked. (E-commerce News)

　　3. Xiangpiaopiao released its 2019 semi-annual report, with revenue growth of more than 58% year-on-year

　　On August 12, Xiangpiaopiao (603711.SH), the "first stock of milk tea" in China, released its 2019 first half of the year. The report shows that in the first half of 2019, Xiangpiaopiao achieved operating income of 1.376 billion yuan, an increase of 58.26% year-on-year; net profit of 24 million yuan, a year-on-year change of losses, and a significant increase of 79 million yuan compared with last year.

　　报告期内，即饮业务实现收入6.51亿元，同比巨幅增长413.74%；其中，战略新品果汁茶仅今年上半年就实现了5.88亿元的营收，环比增幅达到194%，显著超出市场预期。另外，出于对冲泡业务升级的战略考量，报告期内，香飘飘主动调整了该板块的销售策略，选择在冲泡业务的淡季主动消化渠道库存，以全面支持接下来冲泡板块的产品更新升级。（钛媒体）

　　4. Shentong Express: plans to acquire the transfer center's transfer business asset group for RMB 30.2264 million

　　Shentong Express issued an announcement stating that in order to further improve the transit timeliness and give full play to the radiation and driving role of the transit links in key cities, its wholly-owned subsidiary Shentong Co., Ltd. plans to acquire all physical assets such as machinery and equipment, electronic equipment and transfer business asset groups (including but not limited to intangible assets such as transit, operation and operation rights) of Tianjin Shentong for 30.2264 million yuan. (36kr)

　　5. Suning Jiwu’s first flagship store is located in Wuxi

　　Recently, Suning Jiwu opened its first flagship store in Suning Plaza in Wuxi. The flagship store has added display area of ​​3C digital and home appliances. Wang Wei, general manager of Suning Jiwu Company, said that previous test data showed that orders for high-frequency products accounted for more than 80% of the entire store orders, and at the same time, it will bring a lot of customer flow. After these 80% of users bought daily necessities and book products, 13% of people would buy mobile phones and home appliances within another quarter. (Lianshang.com)

　　Internet news

　　6. China Telecom will launch a new 5G segment in Beijing in September

　　According to August 13, China Telecom will be the first to launch a new 5G number segment in Beijing in September, mainly suitable for users who have newly purchased 5G electric signal codes. The tariffs for China Telecom's 5G packages are expected to range from 199 yuan to 599 yuan. China Telecom Beijing Branch stated that old users do not need to change cards and numbers to upgrade 5G to upgrade 4G packages to 5G packages. (China Telecom)

　　7. All members of Zhihu Zhouyuan: Fast means life, slow means death, and life is born for efficiency

　　On August 12, Zhihu officially announced today that it had completed a US$434 million Series F financing. Afterwards, Zhihu founder and CEO Zhou Yuan issued an internal letter saying that the newly joined strategic shareholders highly agree with their value and vision, and will also provide support in terms of traffic scale and content ecology. Zhou Yuan emphasized in the internal letter that Zhihu was born for efficiency: "The environment and stage in which Zhihu is located, and the expectations we shoulder, do not allow any slackness at all. Promising results, maintaining efficiency, and daring to fight tough battles should become our work guidelines. Fast is born, slow is dead, and you must do it when you say it." (E-commerce News)

　　8. Alibaba responded to "only online ride-hailing platform": The news is untrue

　　August 12th news, today, according to media reports, Alibaba will launch a new online ride-hailing platform separately to compete directly with Didi. In response, Alibaba responded that the news was untrue.

　　The media reported that the online car-hailing platform launched by Alibaba will be launched in Guangzhou first and use Alipay to divert traffic for online car-hailing. The report believes that on the one hand, this move shows that online ride-hailing platforms will be very important to Alibaba's later travel ecology, and on the other hand, it shows that Alibaba has a low voice among other investment brands and does not meet expectations. (Sina Technology)

　　9. Baidu confirms strategic investment in Zhihu, which uses a mini program to access Baidu App

　　According to Baidu on August 12, Zhihu and Baidu will cooperate in business. Hundreds of millions of Q&A content on Zhihu will be connected to Baidu App in the form of smart mini programs, and will be distributed to users with different interests through AI technology on Baidu search and information flow. (E-commerce News)

　　Cross-border newsletter

　　10. Amazon was exposed to recommending inferior products to users, and U.S. senator asked Bezos to explain

　　On Monday, Senators Bob Menides and Richard Blumenthal wrote to Amazon CEO Jeff Bezos for more background information on the “Amazon Choice” recommendation mechanism. Amazon launched Amazon Choice in 2015, with several recent reports questioning how the recommendation engine works and why it supports poor quality products. (Tencent Securities)

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