November 27th E-commerce Morning News

　　#Laogao E-commerce Newsletter# [November 27 E-commerce Morning News] Zhang Yong: Post-95s, post-50s and young people in small towns are becoming the new force of consumption; online banking responds to 30 million fines online: external merchants violated regulations in 2017, and all have been cleared; Zhang Chaoyang: I hope Sohu will become profitable in 2020, and the stock will rise soon; Tencent News released a new entertainment ecological report, and more than half of users consume entertainment content; GSMA Sihan: China's 5G tariffs are not high in the world, and the user scale will reach 600 million in 5 years...

　　E-commerce newsletter

　　1. It is said that Ant Financial plans to build a $1 billion venture capital fund, specializing in Southeast Asia

　　According to foreign media reports, people familiar with the matter revealed that Jack Ma's Ant Financial is planning to raise an investment fund of about US$1 billion to invest in start-ups in Southeast Asia, India and other regions, and help the company gain a foothold in the rapidly growing mobile Internet market.

　　The person familiar with the matter said Ant Financial is seeking to support startups in the above regions that focus on businesses such as payments and online finance. (Oriental Fortune Network)

　　2. Zhang Yong: Post-95s, post -50s and young people in small towns are becoming the new force of consumption

　　According to news on November 27, after Double 11 this year, Alibaba Chairman Zhang Yong said in an interview that the explosion of new consumption is an important driving force for the new record of Double 11 this year. Post-95s, post-50s and young people in small towns are becoming the new force of consumption.

　　Zhang Yong said, "The core of new consumption is not demand. Demand has always been there, but the supply side, and whether we can meet demand well and create demand. Some products may not exist a few years ago, but today they have become necessities for everyone's lives. This is the new consumption brought by new supply." (Beijing News)

　　3. Li Ning brand and Wanda Commercial cooperate in depth

　　On November 26, Li Ning brand deepened cooperation with Wanda Commercial, expanded the contract area, promoted the entry of multiple brands, increased the number of cooperative stores, opened high-quality benchmark stores, and improved total sales performance. (Sina.com)

　　4. Online banking responds to 30 million fines online: external merchants violated regulations in 2017, and all of them have been cleared.

　　On November 26, in response to the fine of 30 million yuan, Online Banking Online replied that in 2017, due to the lack of access to some merchants, some external illegal merchants used relevant transaction channels to conduct illegal transactions. After the internal investigation of the business, all the problems have been closed and all the merchants have been cleared. Online banking has seriously reflected on and rectified business management and deeply apologized for the negative impact it has brought to the industry. Online banking supports, supports and recognizes the punishment decision of the State Administration of Foreign Exchange, and sincerely thanks the regulatory authorities for their guidance. (interface)

　　5. JD Logistics and EPAL reach strategic cooperation to build a global pallet trading platform

　　November 26th news, yesterday, JD Logistics and European Pallet Association (EPAL) officially announced a strategic cooperation. The two parties will provide merchants with high-quality services based on JD Cloud Box, a strategic innovative business linkage partner. (Titanium Media)

　　Internet news

　　6. Zhang Chaoyang: I hope Sohu will become profitable in 2020 and the stock will rise soon

　　On November 26, at the 2019 Sohu Technology AI Summit, Zhang Chaoyang, Chairman and CEO of Sohu Company, said in a group interview with the media that he is more diligent this year, and is in the forefront of almost all fields. He is more familiar with the details in many aspects and is more satisfied with this year. He said that he hopes Sohu will become profitable in 2020 and the stock will rise quickly. He is relieved to Changyou and Sogou. The most important thing is how to reduce the cost of customer acquisition and expensive content that the group needs to invest, which is the guarantee for the group to make profits. (interface)

　　7. Tencent News released a new entertainment ecological report, and more than half of users consume entertainment content

　　On November 26, Tencent News recently released the "2019 Tencent News·New Entertainment Ecological Content Report", which based on big data, has included the entertainment content consumption preferences of Tencent News users from multiple dimensions such as major entertainment events, movies, TV series, variety shows, music, celebrities, etc.

　　Data shows that 53.02% of Tencent News users will pay attention to, search, read, and consume entertainment content. As of September 30, 2019, the number of readings of graphic and text entertainment content on Tencent News reached 21.8 billion, and the videos reached 94.1 billion.

　　Tencent editor Long Binghua said that these numbers also inspire Tencent News to upgrade to ConTech’s mechanism, allowing high-quality content to be better identified and distributed through the connection between technology and people, technology and content. At the same time, more high-quality content producers are encouraged to cooperate with Tencent News to jointly create commercial value.

　　In May this year, Tencent News proposed the ConTech mechanism, aiming to explore the combination of human-computer collaboration - that is, "machines and algorithms" and "manual review and recommendation" - to better create an information ecosystem and move closer to young people. (Titanium Media)

　　8. GSMA Sihan: China's 5G tariffs are not high worldwide, and the user scale will reach 600 million in 5 years.

　　According to November 27, recently, the three major operators announced 5G commercial packages at the same time. China Mobile starts at 128 yuan per month, including 30GB of traffic; China Telecom and China Unicom both start at 129 yuan per month, also including 30GB of traffic.

　　GSMA (Global Mobile Communications Systems Association) Greater China President Sihan said in an interview recently that the monthly price level of 128/129 yuan is relatively low from the global perspective.

　　Sihan said that the data predicted by GSMA is that China's 5G user base will reach 34 million in 2020, while China's user base will reach 600 million in 2025, accounting for 40% of the global 1.6 billion 5G users, which is greater than the total 5G user base of the United States + Europe (excluding the CIS). (Sina Technology)

　　9. WeChat initiated a national welcome plan to help the digital upgrade of overseas tourism industry

　　On November 26, WeChat held the founding conference of the "WeChat National Welcome Plan" alliance in Beijing. The alliance aims to work with the Global Destination Tourism Bureau to launch solutions for the tourism industry based on WeChat's ecological capabilities, and to enhance the travel experience of Chinese outbound tourists through the implementation of mini programs, WeChat payments, etc., help the digital upgrade of the destination tourism industry. Official representatives of tourism departments from 30 countries (regions or cities) participated in the establishment ceremony on that day. (Tencent.com)

　　Cross-border newsletter

　　10. Amazon Cross-border Logistics Service (AGL) has launched one-stop customs clearance service in the UK and German destination ports

　　Recently, Amazon Cross-border Logistics Service (AGL) has launched a one-stop customs clearance service in the UK and German destination ports. Sellers who are not registered in the EU can also deliver goods directly to Amazon operation centers in the UK and Germany.

　　It is understood that Amazon's cross-border logistics service can provide two services: "exclusively provide Amazon sellers with direct delivery in bulk" and "one-stop customs clearance in destination ports between the UK and Germany". (Hugo.com)

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