E-commerce Morning News on September 5

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on September 5] Suning disclosed the amount of acquiring 37 Wanda Department Stores: a total of 2.7 billion yuan in cash and debt; Cainiao and "Tongbaida" promised to deliver 24 hours a day in the Yangtze River Delta Economic Circle; the State Post Bureau cleared the random charges at the end of express delivery and imposed 273 administrative penalties; was the face-scanning payment out? Amazon's test manpower payment process is only 0.3 seconds; Oasis apologized for suspected plagiarism: it has been temporarily removed from the shelves and started the internal design process verification work...

　　E-commerce newsletter

　　1. Suning disclosed the amount of acquisition of 37 Wanda Department Stores: Cash and debt totaling 2.7 billion yuan

　　On September 4, Nanjing Suning Department Store Co., Ltd., a subsidiary of Suning.com, signed a "Share Purchase Agreement" with Wanda Department Store and Wanda Real Estate Group Co., Ltd. According to the agreement, the company invested 2.7 billion yuan in cash and debt to purchase 100% of the equity of 37 department stores held by Wanda Department Store. As of June 30, Suning has paid 1.305 billion yuan in cash equity consideration. (E-commerce News)

　　2. Cainiao and "Tongbaida" promise to reach the Yangtze River Delta Economic Circle 24 hours a day

　　On September 4, Cainiao joined hands with express delivery companies such as ZTO, Yunda, YTO, Shentong, and Best announced that it will launch a major acceleration of express delivery in the "National Core Economic Circle" to help regional economic integration accelerate circulation. Among them, in the Yangtze River Delta Economic Circle, express delivery companies announced that they have taken the lead in promising to deliver express delivery the next day in 26 cities in the circle.

　　Up to now, the time limit for the 26 cities in the Yangtze River Delta Economic Circle has been shortened to 22.6 hours, which means that the Yangtze River Delta Economic Circle has taken the lead in achieving the goal of 24 hours.

　　It is reported that Cainiao and various express delivery companies have also jointly launched the express delivery consumer service standards. In the future, if the parcels sent within the Yangtze River Delta economic circle are not delivered the next day, consumers can receive priority processing and related compensation.

　　Starting from the Yangtze River Delta Economic Circle, Cainiao and Express Company will next start the express delivery speed in many economic circles such as the Pearl River Delta and the Middle Reaches of the Yangtze River. Through the acceleration of key nodes and hubs, it will drive the improvement of express delivery efficiency in low-tier cities and rural areas, and finally reach a national 24-hour delivery. (Europe)

　　3. The State Post Bureau cleared up random charges at the end of express delivery and imposed 273 administrative penalties

　　According to September 4, data from the State Post Bureau showed that as of August 29, 273 administrative penalties were imposed on the entire system, and the fine amount of 1.273 million yuan had been paid.

　　It is reported that the State Post Bureau's re-take of the chaos in the terminal charging has become a "big event" in the logistics field in the past month. The postal management departments at the provincial and municipal levels have secretly visited 2,573 townships and 5,379 terminal outlets in one week.

　　This is not the first time that the State Post Bureau has dealt with illegal charging at the end of express delivery. Since April this year, the State Post Bureau has uniformly arranged the rectification of illegal charges for express terminal services nationwide, and has achieved certain results. It has recently issued the "Work Plan for Cleaning and Rectifying the Illegal Charge of Express Terminal Services" to the entire system and industry. (Europe)

　　4. The direct purchase platform Tuanduoduo is online, and the Gu family has officially intervened in home decoration.

　　September 5th news, recently, Tuanduoduo's full-category home decoration direct purchase mini program was officially launched, providing users with six categories of vertical businesses including overall home decoration, wooden customization, imported building materials, and soft decoration accessories. It is a new home retail platform with group buying as the core.

　　Open the Tuanduoduo mini program and you can see several major sectors such as overall home decoration, wooden customization, original furniture, soft decoration accessories, and direct-purchase building materials. Whether you choose packages or single items, you can freely choose to buy or buy a group or cash back. It allows users to buy their favorite products at a lower price in the form of group purchases, and form social fission through sharing. Based on large micro groups, a group leader system is established, many-to-many information interaction is used to achieve continuous transformation, group leader manages the group members, attracts new products, transforms and continues to fission. At the same time, nearly 10,000 SKUs on the Tuanduoduo platform will be continuously updated and iterated according to user data, and ultimately realizes multiple monetization of traffic within the platform.

　　The big boss behind Tuanduoduo is Gu Jia. As a full-category home decoration direct purchase platform under Gu Jia Group, Tuanduoduo is an important step for Gu Jia to lay out the "pan-home" market and explore the new home retail. As a result, the Gu family officially intervened in home improvement. (Beijing Business Daily)

　　5. Has the face swiping payment been out? Amazon tests the entire payment process for personnel in just 0.3 seconds

　　According to foreign media, Amazon engineers are testing scanners that can identify personal hands as a way to check out in-store shopping. This technique does not require the user to touch his hands to the scanning surface. Instead, it can use computer vision and depth geometry to process and identify the shape and size of each hand they scan. (Sina Technology)

　　Internet news

　　6. Facebook user phone number database exposed: hundreds of millions of people involved

　　On September 5, a database of phone numbers that store hundreds of millions of Facebook accounts was leaked online, putting user privacy at risk. It is reported that the total number of these data exceeds 419 million records, covering users in the United States, the United Kingdom, Vietnam and other places. (E-commerce News)

　　7. Didi has received 100 fines in Shanghai, with a total fine of 10 million yuan

　　It was learned from the Law Enforcement Corps of the Shanghai Municipal Transportation Commission that at 10:25 am on September 3, Didi Chuxing Shanghai Branch received the 100th fine issued by the Shanghai Municipal Transportation Law Enforcement Department since July 2019, with a total amount of fines reaching 10 million yuan. Faced with the continuous increase in penalties, Didi Chuxing Shanghai Branch failed to implement regulatory requirements for rectification, and was exposed to a new means of evading supervision - "registering from other provinces and accepting orders in this city." (Penguin)

　　8. Oasis apologizes for suspected plagiarism: It has been temporarily removed from the shelves and has started the internal design process verification work

　　The "Oasis" App stated through its official Weibo that it had just learned that a friend had reported that the design of the Oasis related elements is similar to the works of a design team in South Korea. He apologized to the designer, and also apologized to all friends who are following the Oasis, and thanked the feedbacker. Oasis said that early designers did draw on similar design elements of online public materials. In order to protect copyright, Oasis has now temporarily removed from the shelves and started internal design process verification. (36Kr)

　　9. Walmart introduces new gun and ammunition policy

　　On September 4, Walmart announced that the company will stop selling all short-barrel rifle ammunition that can be used with military weapons, and will also stop selling pistol ammunition and stop selling pistols in Alaska. According to CCTV reports, more than 26 states in the United States allow people to carry guns publicly. Walmart stressed that in these states, customers are not allowed to bring guns into supermarkets unless they are law enforcement officers. (E-commerce News)

　　Cross-border newsletter

　　10. Lazada and Malaysian government cooperate on next year's digital tax

　　According to foreign media reports, Lazada has prepared for the digital tax that the Malaysian government will implement early next year.

　　Lazada Malaysia Chief Commercial Officer Kevin Lee said the company will work closely with the government and further determine tax details. On September 3, he signed a Memorandum of Understanding (MOU) with Malaysian electrical appliance website Senheng in Kuala Lumpur. This cooperation is expected to help Senheng better integrate online and offline businesses and add impetus to its new retail strategy. (Hugo.com)

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