E-commerce Evening News on January 2

"#Laogao E-commerce Newsletter# [E-commerce Evening News on January 2]" The 2020 Tmall New Year Festival officially started; WeChat Pay announced the full reduction of face-scanning payments in the first quarter of 2020; Taobao APP is planning to revise the "10 billion subsidy" to become a first-level entrance; it is said that the Hong Kong Stock Exchange negotiates with NetEase, Ctrip, etc. on the second listing; Tencent responds to violent layoffs: the employee does not match the job requirements...

E-commerce newsletter

1. The 2020 Tmall New Year Festival officially kicks off

According to January 2, today, Tmall officially launched the 2020 Tmall New Year’s Goods Festival, with more than 100,000 brands participating in the event and providing consumers with 10 million New Year’s goods. At the same time, the Taobao App's "Fruit Tree Planting" activity was officially launched, and consumers can complete tasks in this activity to get a box of real fruit. It is reported that these fruits are from Alibaba's digital agricultural base nationwide, and six of them are from poor counties. Tmall proposed that it hopes to help farmers across the country sell 300 million jin of agricultural products through this New Year's goods festival, so that each participating farmer can increase their income by another 1,000 yuan before the New Year. (E-commerce News)

2. Suning Retail Cloud: New Year’s Festival sales increased by nearly 87% year-on-year

According to Lianshang.com, from December 23, 2019 to January 2, 2020, the overall order volume of Suning Retail Cloud increased by 113% year-on-year, sales volume increased by 130% year-on-year, and sales increased by nearly 87% year-on-year. In addition, on January 1, Suning Retail Cloud opened 118 stores across the country, with a total of 4,922 stores. It is reported that Suning's 2020 New Year's Goods Festival will last until the end of this month. Suning Logistics previously stated that it will "never close during the Spring Festival" during the New Year's Goods Festival. (Securities Times)

3. WeChat Pay announced the full discount activity of face-scanning payment in the first quarter of 2020

According to January 2, WeChat Pay has announced the full discount activity plan for face-scanning payment from January 1 to March 31, 2020. It is reported that every Friday during the event, the top 500,000 users who use WeChat face-scan payment in event merchants can enjoy a discount of 2 yuan off for over 10 yuan; in other times, WeChat face-scan payment will adopt a random discount policy of immediate reduction. (Mobile Payment Network)

4. Taobao APP is planning to revise the "10 billion subsidy" and will become a first-level entrance

According to 36Kr, mobile Taobao plans to launch a new version before the Spring Festival, and move the "10 billion subsidy" out of the Juhuasuan page, making the "10 billion subsidy" a first-level entrance to Taobao APP, and its entrance area may exceed the existing Juhuasuan. Alibaba's official response said that it will indeed tilt resources to Juhuasuan's 10 billion subsidies, but the specific methods are still under study. Last Wednesday, Alibaba announced that since the 10 billion subsidy of Juhuasuan was launched on December 11, the cumulative visits to the event page have exceeded 50 million. (E-commerce News)

Internet Information

5. All provincial toll stations in 487 expressway boundary toll stations in 29 provinces across the country were cancelled

According to January 2, all toll stations on the provincial border of 487 expressways in 29 connected provinces across the country have been cancelled from January 1, and the entrance and exit toll stations will retain a small number of manual toll lanes. At present, 24,588 sets of ETC gantry systems have been completed nationwide, and 48,211 ETC lanes and 11,401 sets of unstopped highway weighing inspection systems have been completed. As of the end of 2019, 123 million ETCs were promoted and issued nationwide, with a total of 204 million users. (Economic Daily)

6. Zhejiang High Court announced the "Guidelines for the Trial of Intellectual Property Cases involving E-commerce Platforms"

On January 2, the Zhejiang Higher People's Court recently issued the "Guidelines for the Trial of Intellectual Property Cases involving E-commerce Platforms", aiming to provide guidance and reference for intellectual property trials. The "Guidelines" emphasize the judicial concepts of "balance of interests", "consistent rights and responsibilities", and "collaborative governance", and provides opinions on solving specific problems such as the fault determination of e-commerce platforms in disputes involving e-commerce platform. Previously, the General Office of the CPC Central Committee and the General Office of the State Council issued the "Opinions on Strengthening Intellectual Property Protection", requiring strengthening the intellectual property protection of e-commerce platforms. (China Intellectual Property News)

7. It is said that the Hong Kong Stock Exchange negotiates with NetEase, Ctrip, etc. on the secondary listing

According to people familiar with the matter, the Hong Kong Stock Exchange is discussing the second listing with mainland technology companies such as Ctrip and NetEase. The discussion is still in its initial stage and the situation may change. The Hong Kong Stock Exchange has previously stated that the consultations on secondary listings by mainland companies have seen a significant increase. On November 26, 2019, Alibaba Group was listed on the Hong Kong Stock Exchange for the second time. At present, NetEase responded that it would not comment. (Sina Finance)

8. Tencent responds to violent layoffs: The employee does not match the job requirements

Recently, a netizen who claimed to be a 7-year-old employee of Tencent posted a message saying that when he was middle-aged, he was violently laid off employees by Tencent. The article mentioned that one afternoon in March 2019, Tencent HR sent a large number of security guards to unilaterally violently lay off employees, causing many security guards to force them to pack up and leave, and blocked all Tencent's internal authority and information such as work cards on the spot, on the grounds that they worked less than eight hours a day. In response, Tencent responded that the former employee failed to match the corresponding job requirements for a considerable period before leaving the job, whether it was on duty, actual work results or other related behaviors. (Leifeng.com)

9. Goldman Sachs: The global 5G mobile phone scale this year is more than 200 million

According to the Hong Kong News Agency, Goldman Sachs released its latest report, it is conservatively estimated that the global 5G smartphone market will reach more than 200 million units this year, which is expected to reach 20 times that of last year. The bank believes that the Chinese market, which has the largest number of mobile phone users in the world, will accelerate the preparation of 5G base stations. It is estimated that the number of newly established 5G base stations in the mainland will reach 1 million this year, higher than the original estimated 600,000. (Sina)

Cross-border e-commerce

10. AliExpress plans to complete the transaction technology service upgrade by the end of January

According to January 2, AliExpress is expected to complete the upgrade by the end of January 2020 (the specific details are subject to the platform notification). AliExpress sellers who have successfully opened an international Alipay corporate account can enjoy upgraded transaction technology services. The upgraded transaction technical services will be mainly provided by Alipay Merchant Services Pte. Ltd. (“International Alipay”) in accordance with the User Agreement, and the original transaction technical services will be stopped after the upgrade is completed. (Hugo.com)

 Click to register to apply to join the well-known domestic e-commerce network - Laogao E-commerce Club. All businesses, Tmall merchants, Taobao Crown Store, Jinguan Store, and other e-commerce platform merchants can apply to join!

,