November 5th E-commerce Evening News

　　#Laogao E-commerce Newsletter# [November 5 E-commerce Evening News] To supervise the official launch of the national online transaction monitoring platform for fair transactions on e-commerce platforms; Tmall Double 11: 8 million products support Huabei installment interest-free purchases; State Administration for Market Regulation: "Choose one of two" e-commerce platforms is a behavior clearly stipulated by the "E-Commerce Law"; State Post Bureau: The average time limit for 7 mainstream express delivery was shortened by 1.09 hours in the third quarter; Zhang Yong: The most important thing for Double 11 is not the sales figures, but the peak of the entire technology...

　　E-commerce newsletter

　　1. To supervise the fair transaction of e-commerce platforms, the national online transaction monitoring platform is officially launched

　　On November 5, the national online transaction monitoring platform was officially launched in Hangzhou today. It will use the latest technologies such as big data, artificial intelligence, cloud computing, and regional chains to realize big data and artificial intelligence supervision of e-commerce platform transactions. According to a relevant person in charge of the Zhejiang Provincial Market Supervision Bureau, the national online transaction monitoring platform can monitor e-commerce platform products through price models, collect after-sales reviews, return and exchange records, product promotion and other related information in a targeted manner, and through big data aggregation analysis, it can effectively supervise fair transactions on e-commerce platforms. (Chuangyebang)

　　2. Shentong Express: Taobao and Tmall platform business volume account for more than 50%

　　According to news on November 5, Shentong Express revealed on the interactive platform today that the company's Taobao and Tmall platform business volume currently accounts for more than 50%, while Pinduoduo's business volume accounts for about 20%. (Sina.com)

　　3. Merchants launch Huabei to drive sales growth by 38%, and Tmall Double 11 digital finance helps activate domestic demand

　　On November 5, the Tmall Double 11 merchant report released by Alipay and Ant Merchant Bank showed that this year, this year, Ant Merchant Bank provided 300 billion loan funding support to more than 3 million small and medium-sized merchants to help merchants solve the problem of stocking capital turnover.

　　At the same time, Tmall merchants have launched Huabei installment interest-free for 8 million Double 11 products online, and more and more offline merchants have posted store signs that support Huabei to attract consumers.

　　The "Tmall Double 11 Loan Report" shows that during this Double 11, during the preparation period, merchants had 7 loans per capita, and 150,000 merchants even exceeded 100, and demand was very strong. (Titanium Media)

　　4. Tmall Double 11: 8 million products support Huabei installment purchases

　　On November 5, the Tmall Double 11 merchant report released by Alipay and Online Merchants Bank showed that this year's Tmall Double 11 shopping festival, merchants launched Huabei installment interest-free for 8 million online products. Huabei data shows that during the non-Double 11 period, after merchants opened Huabei, the transaction volume increased by 38% on average, and the transaction users increased by 32% on average. This effect is expected to be more obvious during Double 11 period. (36kr)

　　5. State Administration for Market Regulation: "Choose one of two" on e-commerce platforms is a behavior that is clearly prohibited by the "E-Commerce Law"

　　On November 5, according to Hangzhou Transportation 918 Weibo, this morning, the State Administration for Market Regulation held an "Administrative Guidance Symposium on Standardizing Network Business Activities" in Hangzhou, convening more than 20 platform companies including JD.com, Kuaishou, Meituan, Pinduoduo, Alibaba, 1Pharma, Vipshop, etc. to attend the meeting.

　　It was pointed out at the meeting that the "two-choice one" and "exclusive transaction" behavior in the Internet field are acts that are clearly prohibited by the "E-Commerce Law", and it also violates the provisions of laws and regulations such as the "Anti-Monopoly Law", "Anti-Unfair Competition Law", and not only undermines the fair competition order, but also harms consumer rights. At the same time, the symposium pointed out that in recent online business activities, there are still problems in the platform's lax control and selling counterfeit and shoddy goods; selling drugs without qualifications online; personal information has been collected in violation of regulations; and high incidence problems in centralized online promotion activities.

　　The meeting required that local market supervision departments should implement local supervision responsibilities and adopt administrative warnings, joint seminars and other methods to urge enterprises to implement their statutory responsibilities. (Sina Finance)

　　Internet Information

　　6. State Post Bureau: The average time limit of 7 mainstream express delivery companies was shortened by 1.09 hours in the third quarter

　　On November 5, on the eve of Double Eleven, the State Post Bureau issued a notice on the results of the 2019 third quarter express service satisfaction survey and time limit and time limit test rate. The notice involved ten express logistics companies and adopted a scoring system, of which only SF Express and JD.com scored above 80 points.

　　The results of the public satisfaction survey on express delivery services showed that the public satisfaction score of user express delivery services in the third quarter of 2019 was 78.2 points, an increase of 0.1 points year-on-year and 0.2 points from the second quarter of this year.

　　In terms of public satisfaction of express delivery companies, companies with scores of more than 80 points are SF Express and JD Logistics, companies with scores of between 76-80 points are Postal EMS, ZTO Express, Yunda Express, YTO Express, Best Express, and Shentong Express. Companies with scores of between 74-76 points are Debang Express and Yousu Express.

　　Secondly, in terms of the time limit for express service in key areas across the country, the full time limit for express service in the third quarter of 2019 was 58.87 hours, a year-on-year shortening of 2.3 hours. The 72-hour punctuality rate was 76.50%, an increase of 1.57 percentage points year-on-year.

　　"BESTY" enterprises (including Postal EMS, SF Express, YTO Express, ZTO Express, STO Express, Yunda Express, and Best Express) in the top 30 cities (the top 30 cities in the 50 cities with cumulative business volume in 2018) were 43.76 hours, a year-on-year shortening of 1.09 hours; the 48-hour punctuality rate was 70.45%, an increase of 1.12 percentage points year-on-year. (Beijing Youth Network)

　　7. Confirm to acquire a can immediately, which will operate independently

　　According to November 5th, there have been rumors recently that a can has been purchased immediately. The acquisition was immediately confirmed and stated that Yican would operate independently.

　　One can is an anonymous social product that claims to be customized for social fear. Its founder Guo Ziwei announced the disbandment of Yican team at the end of July this year, and said that Yican also has six-digit daily active users, and also left money to maintain for two years. And Jiji is an interest-based social product that allows users to pay attention to the people, information and events they are interested in. (Sina Technology)

　　8. Zhihu launches the "Zhizhi Plan": Provide 1 billion traffic and 800,000 yuan in cash to support creators in the field of science

　　Recently, Zhihu, together with the China Science Popular Science Expo, Institute of Physics, Chinese Academy of Sciences, Institute of Microbiology, Chinese Academy of Sciences, Institute of Geology and Geophysics, Chinese Academy of Sciences, Kunming Institute of Botany, Chinese Academy of Sciences, and Institute of Semiconductor, Chinese Academy of Sciences, launched the "Science Season of Knowledge Program" activity. Zhihu will provide resources such as a total of 1 billion traffic and 800,000 yuan in bonuses to support creators.

　　According to reports, Zhizhi Plan is a long-term plan. The first phase of the "Science Season of Knowledge Plan" activity was jointly launched by Zhihu, together with the China Popular Science Expo, Institute of Physics, Chinese Academy of Sciences, Institute of Microbiology, Chinese Academy of Sciences, Institute of Geology and Geophysics, Chinese Academy of Sciences, Kunming Institute of Botany, Chinese Academy of Sciences, and Institute of Semiconductor, Chinese Academy of Sciences. The activity will last until the end of December 2019, covering areas with strong professional knowledge such as aviation, physics, biology, geography, and medicine. (Pinwan)

　　9. Zhang Yong: The most important thing for Double 11 is not the sales figures, but the peak of the entire technology

　　November 5th news, today, the second Hongqiao International Economic Forum was held at the National Convention Center (Shanghai). In a sub-forum entitled "Digital Era and Innovation and Development of E-commerce", regarding Double 11, Zhang Yong, Chairman and CEO of Alibaba Group, said that ten years ago, we never thought that Double 11 would become a common festival across the country from all over the world. In my mind, the most important thing is not the sales figure, but the peak of the entire technology. We can support the processing of how many orders we can handle every second, without mispaying money or recording of goods. This can ensure the normal operation of business and consumption. Last year, Alibaba's peak was 480,000 orders per second. (First Financial Daily)

　　Cross-border e-commerce

　　10. JD.com announced that the purchase of imported brand products will reach 400 billion yuan in the next three years

　　On November 5, on the first day of the opening of the second CIIE, JD.com officially announced that the purchase amount of imported brand goods in the next three years will reach RMB 400 billion.

　　JD.com said that since the first CIIE last year, under the huge domestic consumption demand, JD.com has successfully completed the goal of directly signing contracts to purchase nearly 100 billion yuan of imported brand products. During this period, JD.com continued to purchase multiple categories and brands from global suppliers, and with the help of in-depth layout in retail infrastructure such as logistics, finance, and technology, it helped more imported brands to better understand Chinese consumers and integrate into the Chinese market faster. (Tencent News)

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