#Laogao E-commerce Newsletter# [E-commerce Morning News on September 2] Alibaba Zhang Yong: Establishing a good consumption environment is Alibaba's continuous pursuit for 20 years; the ZAO WeChat sharing link of the face-changing software ZAO WeChat was stopped, and it was accused of posing a security risk; Costco CFO: The new store is so popular that it will open a second store in Shanghai as soon as next year; Alipay responds to the risk of AI face-changing: it cannot break through face-scanning payment; Lei Jun: The cumulative investment of R&D in the past three years is 11.1 billion yuan...
E-commerce newsletter
1. Tianjin has added a professional title for express delivery engineering
On September 1, according to the notice issued by the Tianjin Human Resources and Social Security Bureau on the evaluation of professional titles for express engineering, Tianjin will add a professional title to the engineering and technical title series for the first time.
The professional titles of express engineering are divided into junior, intermediate and senior. Among them, junior professional titles are divided into staff and assistant level, and senior professional titles are divided into deputy senior and senior level. The corresponding qualification names for each level are: technician, assistant engineer; engineer; senior engineer, senior engineer.
According to the announcement, the city encourages qualified enterprises and institutions, especially strategic emerging industries leading enterprises recognized by the Municipal Talent Office, to apply for independent review of professional titles for express engineering in accordance with relevant regulations. (Europe)
2. Japanese grocery store LoFt uses internet celebrity live broadcast to explore the Chinese market
On September 2, according to Pinwan, citing Nikkei News, Japanese grocery store LoFt invited well-known internet celebrities with 3 million fans on social networking websites to enter the store and explore the Chinese market through "live broadcast marketing". According to reports, the company plans to accelerate the opening of stores in China from 2020. (Chuangyebang)
3. Shandong Aixi plans to invest 100 million yuan to establish Yijie cross-border e-commerce smart supply chain project
On September 1, Shandong Aixi (Rongcheng) E-Commerce Co., Ltd., jointly with relevant resource parties, plans to invest about 100 million yuan to invest in Yijie cross-border e-commerce smart supply chain project in Liangjiang New District, and build a cross-border e-commerce S2B2C comprehensive service platform. The project is expected to achieve cross-border e-commerce transaction volume of no less than 100 million yuan in 2020 and beyond. (E-commerce News)
4. Indian B2B e-commerce Udaan received US$300 million in financing, and Tencent is said to have strategic investment
According to reports on August 31, it is reported that Udaan, an online market for small businesses, has received US$300 million in financing, and investors include Silicon Valley funds Altimeter Capital, GGV Capital, and existing investors DST Global and Lightspeed Venture Capital. In addition, people familiar with the matter said that Tencent may join the company's financing, and the financing scale may also expand to US$500 million. (Lieyun.com)
5. Alibaba Zhang Yong: Establishing a good consumption environment is Alibaba's continuous pursuit for 20 years
According to August 31, the main forum of the 2019 Market Supervision Forum was held in Tianjin today. At the meeting, Alibaba Group CEO Zhang Yong said that how to protect the interests of consumers and how to establish a good consumption environment has been the direction of Alibaba's hard work over the past 20 years. (E-commerce News)
Internet news
6. The ZAO WeChat sharing link of the face-changing software is stopped, and it is accused of posing a security risk .
"ZAO" with the slogan "Only one photo is needed to play the world's best show", the WeChat sharing link has been stopped, and the page shows "The web page has a security risk, and it has been complained by many people. In order to maintain a green Internet environment, access has been stopped." In response to this, the official Weibo of "ZAO" responded on September 1: "We fully understand everyone's concerns about privacy issues. The questions you raised have been received. We will correct the areas that are not well considered, and it will take some time." (The Paper)
7. Costco CFO: The new store is very popular and the second store will be opened in Shanghai as soon as next year
Costco Chief Financial Officer Richard Garlandi said that it plans to open a second Costco store in Shanghai from the end of 2020 to the beginning of 2021, and hopes that (the second store) can start construction as soon as possible. "The model of limiting SKUs below 4,000 is our strategic advantage. In fact, our buyers will pre-select high-quality goods, from daily necessities to unique goods our members want." (Daily Economic News)
8. Alipay responds to the risk of AI face swapping: it is impossible to break through face swiping payment
On September 1, Alipay responded to the risk of AI face swapping, saying that no matter how realistic the various face swapping software is, it cannot break through face swiping payment. Even if there is a very small probability that the account is used, the capital losses will be fully compensated through the insurance company. (e company)
9. Lei Jun: The cumulative investment in R&D in the past three years is 11.1 billion yuan
Regarding Xiaomi mobile phones' next development goals, Lei Jun said that the commercialization of 5G networks is a major opportunity, and they must seize them, and 5G+AIoT is also the development direction of Xiaomi's company in the next five years.
Compared with 4G networks, 5G network requires mobile phone manufacturers to invest more in R&D. Lei Jun said that in the past three years, Xiaomi has invested a total of 11.1 billion yuan in R&D expenses. They have always attached great importance to innovation, so R&D investment will continue to increase.
"In the past three years, Xiaomi has invested a total of 11.1 billion yuan in R&D expenses, and last year alone 5.8 billion yuan." Lei Jun believes that the R&D investment of 5.8 billion is already a very large number for a company that has been established for only 9 years. "At the same time, Xiaomi has also established a group technical committee this year to further strengthen technology and build a first-class technical team and culture." Lei Jun said. (Silicon Valley Analytics Lion)
Cross-border newsletter
10. Indian e-commerce Flipkart will spend about US$40 million to invest in logistics company Shadowfax
September 1 news, according to foreign media reports, Indian e-commerce Flipkart will invest in crowdsourcing delivery service company Shadowfax for about US$40 million, and Flipkart has submitted TS.
It is understood that Shadowfax was established in 2015 and provides cross-vertical industry logistics and distribution services for e-commerce, online grocers, restaurants, fast-moving consumer goods, pharmacies and other retailers in more than 150 towns in India. The developed Frodo technology is based on AI-based position stream processing engine, which optimizes costs and service levels, can achieve high-frequency decision-making and complete delivery on the same day.
Through the acquisition, Flipkart has continuously increased its logistics investment. If the transaction is completed, Shadowfax will become the third logistics company invested in by Flipkart after trucking platform BlackBuck and last-mile delivery provider QikPod. (Europe)
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