E-commerce Morning News on October 14

　　#Laogao E-commerce Newsletter# [October 14 E-commerce Morning News] Experts refute the rumors that the Double 11 express delivery fee has risen: It is purely a mistake; Taojiji seeks to reorganize and repay the goods; Report: Huawei Hongmeng's global share in 2020 will reach 2%, becoming the fifth largest operating system; the 2019 League of Legends Global Finals begins, and the number of Kuaishou live broadcast exceeds 25 million in 5 hours; cross-border sellers pay attention! There have been many natural disasters in Japan, and the stocking and warehouse preparation plan may be delayed...

　　E-commerce newsletter

　　1. WeChat refutes rumors: WeChat payment points are not charged, and no credit payment products such as "payment" have been launched

　　On October 12, in response to the rumors that WeChat Pay points are charged for opening WeChat Pay points, WeChat official refuted the rumor that there is no fee for opening WeChat Pay points, and users can activate the services provided by merchants who have connected to WeChat Pay points. After activate WeChat Pay points, click "I-Wallet-Pay Points" in turn to view the score. In addition, WeChat said that the score of WeChat payment points cannot be paid as amount, and WeChat has not launched credit payment products such as "dividing and paying". (E-commerce News)

　　2. Experts refute rumors about the increase in express delivery fees on Double 11: It is purely a misunderstanding

　　ZTO Express has issued a "Letter to Customers on the Peak Response Plan for Peak Season", which is said 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.

　　In this regard, industry experts also said that this understanding is purely a mistake, and the cost adjustment has nothing to do with consumers and will not have an impact on express delivery prices. Experts explained that this is mainly to increase the fees from the receiving end to the delivery end within the express delivery company, and to ensure a better consumer express delivery experience during the express delivery peak season. (E-commerce News)

　　3. Taojiji seeks reorganization to repay the goods

　　According to the news on October 12, in response to the payment for goods owed to merchants, the Taobao Jiji platform said yesterday that it is now "unable to repay". In addition, Taojiji gave a solution yesterday - signing an agreement with the merchant. The content of the agreement shows that Taojiji will repay 20% of the debt after receiving the acquisition price paid by a large group company, and the remaining payment will be repaid by equity pledge loan or equity cashing out when it reaches US$2 billion after restructuring. On October 12, an announcement released by Taojiji confirmed that Taojiji is undergoing reorganization with a large institution. (Financial Headlines)

　　4. The top 100 fashion retail companies in China were released, with total revenue of 651.567 billion yuan in 2018

　　The top 100 fashion retail companies in 2018 include 74 clothing, clothing, shoes, home textiles, 15 gold, silver, jewelry, and 11 skin care and beauty companies. The total revenue of the top 100 fashion retail companies in 2018 was 651.567 billion yuan. In 2018, there were only 20 companies with revenue of more than 10 billion yuan, including 11 clothing, clothing, shoes, home textiles, gold, silver, jewelry, and skin care and beauty companies. (First Financial Daily)

　　5. Underwear brand "Victoria's Secret" lay off 15% of its employees

　　According to foreign media reports, the headquarters of the American underwear brand "Victoria's Secret" laid off about 50 employees on the 9th and 10th of this month, including junior employees and senior leadership, and the number of layoffs accounts for 15% of the total number of employees at the headquarters. (Whip the Cow)

　　Internet news

　　6. Report: Huawei Hongmeng's global share will reach 2% in 2020, becoming the fifth largest operating system

　　On October 14, the latest report from market research firm Counterpoint said that Huawei's independent operating system Hongmeng will gain a market share of 2% (global) in 2020, which means that its position can surpass the current Linux and become the fifth largest operating system in the world. In addition, Counterpoint also pointed out that it is expected that by the end of 2019, Hongmeng's share in the Chinese market will reach 0.1%, and by the end of next year, the proportion of Hongmeng OS devices in all Huawei ships this year is 0.03%. (Chuangyebang)

　　7. Report says Apple plans to launch its 5G baseband chip within three years

　　On October 13, a recent report by Fast Company confirmed that Apple plans to release its own 5G baseband chip in less than three years. But this is an estimate in an optimistic situation. The report predicts that Apple A15 will not be able to achieve 5G integration. According to a Reuters analysis earlier this year, Apple's iPhone with its own 5G baseband is likely to be delayed until 2022 (it was originally estimated to be 2021), which is consistent with the time when Fast Company reported. (E-commerce News)

　　8. Zhang Yiming established the "Nankai University Innovation Fund" at his alma mater and donated 100 million yuan to him

　　On October 12, alumni Zhang Yiming, founder and CEO of ByteDance, returned to his alma mater, and Yang Qingshan, secretary of the school’s Party Committee, met with Zhang Yiming and his party.

　　Zhang Wenzhong, lifelong director of Nankai University, chairman of Nankai Alumni Entrepreneurs Association, founder of Wumart Group, and Xu Jingjun, executive vice president of Nankai University, attended the event. The two sides exchanged views on the establishment of Nankai University's Innovation Fund Project.

　　As the initiator of the Innovation Fund, Zhang Yiming donated 100 million yuan to the fund. Yang Qingshan presented Zhang Yiming with donation commemorative plaque. (Titanium Media)

　　9. The 2019 League of Legends Global Finals began, with Kuaishou live broadcast exceeding 25 million viewers in 5 hours

　　The 2019 League of Legends Global Finals officially began. Kuaishou, a partner of this event, broadcast the entire event live. During the 5-hour live broadcast of the first round of group stage on October 12 (19:00-24:00) of the first round of group stage, the number of online viewers on the Kuaishou platform exceeded 25 million. (36kr)

　　Cross-border newsletter

　　10. Cross-border sellers are paying attention! Many natural disasters have occurred in Japan, and the stocking plan may be delayed

　　Cross-border e-commerce sellers who are engaged in the Japanese market are paying attention. The strongest typhoon east of Tokyo, Japan, has caused a large number of households to be powered off, the railway transportation network has been closed, and many stores have been closed. Chiba Prefecture also observed an earthquake with a magnitude of 5.7. In Kagoshima Prefecture, an eruption occurred at the crater of Sakurajima volcano. Within one day, many major natural disasters occurred in Japan.

　　It is currently the weekend in Japan time. It is expected that the ship schedule to travel to multiple Japanese ports in the next few days will be affected, and ground traffic in the disaster area will take several days to fully recover. For sellers, the stocking and warehouse preparation plan may be delayed and corresponding arrangements need to be made.

　　Japan has suffered frequent natural disasters recently, and cross-border e-commerce sellers and logistics practitioners who travel between China and Japan must also pay attention to safety! (Cross-border e-commerce cross-border house)

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