#Laogao E-commerce News# [October 11 E-commerce Evening News Brief] #The first online celebrity e-commerce stock was class-action lawsuit#, and Ruhan Holdings' market value has shrunk by more than half compared to when it was listed; Alibaba Chairman Zhang Yong: China has the greatest advantage in the digital economy era; the Ministry of Public Security took the lead in establishing an anti-fraud warning platform, and five other companies including Alibaba and JD joined the first batch; Suning.com and Tmall launched a strategic cooperation in 5G to establish a 5G ecological alliance; Tmall Supermarket President Li Yonghe: Tmall Supermarket has more than 200 million household users...

E-commerce newsletter
1. #The first stock of Internet celebrity e-commerce was sued for class action#, and Ruhan Holdings' market value has shrunk by more than half compared to when it was listed
On October 9, American law firm Bernstein Liebhard LLP issued a statement that it will initiate a class action lawsuit against Ruhan Holdings, claiming that its statements on its business, operations and prospects are materially false and misleading. Over the past month, more than 10 law firms in the United States have announced that they will launch class action lawsuits against them. (Boss Broadcast)
2. Tmall Supermarket launches new retail platform for supermarkets
On October 11, Tmall Supermarket released a new supermarket retail platform, mainly including two parts: technology platform and commercial. The technology platform includes digital networks operated by consumers, networks with integrated commodity circulation, multi-time and multi-temperature strata fulfillment networks, and networks for connecting resources and IOTs. Business capabilities include consumer operation capabilities, marketing service capabilities, product operation capabilities, and supply chain management capabilities. (E-commerce News)
3. Alibaba Chairman Zhang Yong: China has the greatest advantage in the digital economy era
On October 11, at today's China International Digital Economy Expo, Zhang Yong, Chairman and CEO of Alibaba Group, said that the era of big data has just begun, and China has the most unique opportunity and greatest advantage in the world to gain a leading position in the digital economy era. Specifically, it includes population advantages, a complete manufacturing foundation, the highest acceptance of digitalization, and the world-leading infrastructure field of the real economy. (Sina Technology)
4. The Ministry of Public Security took the lead in establishing an anti-fraud warning platform, and five companies including Alibaba and JD.com joined the first batch.
According to October 11, in order to effectively prevent telecommunications and Internet fraud, the Ministry of Public Security will recently jointly establish an anti-fraud warning data platform with Internet technology companies, banks and operators. Alibaba, 360 Finance, JD.com Group, Du Xiaoman Finance and Xiaomi Finance became the first technology companies to join the early warning platform. The platform will achieve early warning and block during the process to effectively protect the safety of victims' funds. (E-commerce News)