October 12th E-commerce Morning News

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on October 12] In order to cope with the peak season, ZTO will adjust express delivery fees from Double Ten; Tmall Supermarket launches "1 hour" delivery, and it will be launched in 100 cities this year; Forbes released the top 100 global digital economy list: 14 Chinese companies are on the list; Li Ka-shing sells assets again: over 4 billion to sell Dalian real estate projects, Sun Hongbin takes over; Apple's stock price hits a new high, and Microsoft returns to the top in market value...

　　E-commerce newsletter

　　1. To cope with the peak season, ZTO will adjust express delivery fees from Double Ten

　　On October 11, ZTO Express announced that in order to ensure the safety and stability of express delivery services during the peak season, maintain service quality and customer satisfaction, and cope with the increase in venues, transportation, employment and other expenses in the peak season, ZTO Express will adjust the express delivery fees from November 11, 2019. The specific adjustment range shall be implemented by the local service outlets in accordance with the guidance and suggestions of the headquarters and in combination with their respective actual situations. (Europe)

　　2. Tmall Supermarket launches "1 hour" delivery, and it will be launched in 100 cities this year

　　According to October 11, Tmall Supermarket launched a one-hour delivery service. Li Yonghe, vice president of Alibaba and president of Tmall Supermarket, said that Tmall Supermarket's "1-hour" delivery service has been piloted in Suzhou. Order data shows that 40% fulfillment orders are delivered in 1 hour, and this year, Tmall Supermarket’s “1 hour” delivery service will be launched in 100 cities. (Europe)

　　3. Hebei Province and Alibaba signed a contract to jointly build a big data industrial base in Beijing, Tianjin and Hebei

　　On October 11, the Hebei Provincial Government and Alibaba Group signed the "Cooperation Agreement on Accelerating the Development of Hebei Digital Economy" in Shijiazhuang. According to the agreement between the two parties, Hebei and Alibaba will jointly build the "Digital Gathering Hebei" project, including building a Beijing-Tianjin-Hebei big data industry base integrating big data production, scientific research and application, undertake the transfer of the Beijing-Tianjin big data industry to Hebei, and investing in and establishing a big data company in Shijiazhuang to serve the government's digital transformation. (36Kr)

　　4. State Post Bureau: In the first three quarters, the total express delivery volume nationwide was completed by 44 billion pieces

　　On October 11, the State Post Bureau released the China Express Development Index report for September 2019. It is estimated that China's express delivery development index in September 2019 was 222.4, an increase of 23.7% year-on-year, showing a steady and progress trend. The development scale index, service quality index and development capacity index were 230.8, 312.1 and 173.8 respectively, an increase of 26.1%, 23.4% and 18.7% respectively over the same period last year, indicating that my country's express delivery market continues to improve overall in terms of development scale, service quality and development capacity. The development trend index was 74, an increase of 21.8% year-on-year, and the growth expectation was much higher than the same period last year.

　　Judging from the sub-indicators, the express delivery business volume is expected to reach 5.69 billion pieces, a year-on-year increase of 27%, equivalent to the annual business volume in 2012. The revenue of express delivery business is expected to reach 66.2 billion yuan, a year-on-year increase of 24.6%. In the first three quarters, the cumulative express business volume was 44 billion pieces, an increase of 26.7% year-on-year, basically the same as the same period last year; the cumulative express business revenue was 528.55 billion yuan, an increase of 24.5% year-on-year, and the growth rate was faster than the same period last year, and more than three times the growth rate of the service industry production index during the same period. (Danpi.com)

　　5. Tmall announced that strategic upgrades will meet consumers' panoramic needs

　　On October 11, Alibaba's Tmall Supermarket announced a strategic upgrade. Li Yonghe, vice president of Alibaba and president of Tmall Supermarket, said that ecological partners will be selected to jointly build a near-end compliance center, and a 20-kilometer three-dimensional living circle will be established in 100 cities across the country within half a year, forming a supermarket service network that meets consumers' online and offline full-scene needs. (E-commerce News)

　　Internet news

　　6. Forbes releases the top 100 global digital economy list: 14 Chinese companies are on the list

　　On October 12, Forbes released the list of the top 100 digital economy in the world yesterday, with 14 Chinese companies on the list, among which China Mobile Co., Ltd. ranked the highest, ranking 8th, and Alibaba Group and Tencent Holdings ranked 10th and 14th respectively.

　　Other Chinese companies on the list include TSMC, Hon Hai Precision, China Telecom Co., Ltd., China United Network Communications (Hong Kong) Co., Ltd., JD.com, Baidu, Xiaomi Group, China Tower Co., Ltd., Lenovo Holdings, Lenovo Group and NetEase.

　　Among the 14 companies mentioned above, 8 are currently or most recent helmsmen who are on the list of Forbes Global Billionaire List in 2019, reflecting the relationship between digital economy achievements and wealth. These wealthy people include: Jack Ma (Alibaba Group), Ma Huateng (Tencent Holdings), Zhang Zhongmou (TSMC), Terry Gou (Honghai Precision), Liu Qiangdong (JD), Robin Li (Baidu), Lei Jun (Xiaomi Group) and Ding Lei (NetEase). (Titanium Media)

　　7. Li Ka-shing sells assets again: sells Dalian real estate project over 4 billion yuan, Sun Hongbin takes over

　　According to news on October 11, Cheung Kong Group recently sold the Dalian Xigangshan Heizui project to Sun Hongbin, chairman of Sunac China, for a price of more than 4 billion yuan. At present, the project plot has been surrounded by billboards of the Sunac No. 1 courtyard project. Cheung Kong confirmed that the news of the sale of the project is true. It also said that the project reached an agreement for sale about half a year ago and signed and implemented more than four months ago. (Pengpai News)

　　8. Apple's stock price hits a new high, and Microsoft returns to the top market value

　　On Friday, local time in the United States, Apple's stock price rose 2.7% to close at $236.21, surpassing the highest point set a year ago and setting a new record. As the stock price rose, Apple once again squeezed out Microsoft and became the world's highest-capital company. Apple and Microsoft's market value have exceeded $1 trillion. (Sina Technology)

　　Cross-border newsletter

　　9. Cross-border social e-commerce platform KouHigh.com cooperates with North American instant delivery platform Gesoo to cooperate on same-day delivery service

　　On October 11, the cross-border social e-commerce platform KouHigh.com cooperated with North American instant delivery platform Gesoo to launch same-day delivery service.

　　KouHigh is a cross-border social e-commerce platform facing foreigners around the world. It is committed to providing foreigners around the world with specialties, snacks and beverages, beauty and makeup, daily necessities, Chinese, Japanese and Korean fashion brands and other products. Founded in 2014, Gesoo is an intelligent logistics instant delivery platform with built-in route planning and vehicle distribution engines and can track the last mile of goods delivery in real time. (Europe)

　　10. Amazon: Will spend more than $400 million to reduce counterfeit products on the website

　　On October 12, Amazon elaborated on its position on 11 sensitive issues in a 1,300-word blog post published Thursday. The company said that for counterfeit products, Amazon urged stricter federal laws to impose penalties on bad actors, while stressing that it would cost more than $400 million to reduce the number of counterfeit products on the website. (E-commerce News)

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