#Laogao E-commerce Newsletter# [E-commerce Morning News on January 13] Alipay Jiwufu officially started today; Alibaba’s “high-quality merchant” policy and related logos were launched; JD Logistics also delivers express products during the Spring Festival to charge resource adjustment fees; ofo founder Dai Wei resigns as the legal representative and senior executive of the subsidiary; Jumei Youpin: Received a privatization offer made by Chairman Chen Ou...

E-commerce newsletter
1. Alipay Collection of Five Blessings officially begins today
According to January 13, the annual Alipay Five Blessings event officially began today and will continue until New Year's Eve on January 24. This year, Jiwufu has added a new "family portrait". All places where Fufu card collection may appear. If you have it, you will have the opportunity to draw the "Hangfu Family Huabei" grand prize. The prize will be drawn at 21:20 on New Year's Eve on January 24, with a total of 888 copies, with a maximum of 18,888 yuan. (E-commerce News)
2. JD Retail Inventory and Outlook: It will accelerate growth in the four core indicators in 2020
According to January 12, the 2019 JD Retail Commendation Conference was held in Beijing today. At the meeting, Xu Lei, CEO of JD Retail Group, expressed his affirmation of the achievements made by JD Retail in 2019, and also explained the development path of JD Retail's quality accelerated growth in 2020. In 2020, JD Retail will achieve accelerated growth in the four core indicators of transaction volume, revenue, users and profit. As JD Retail continues to make efforts in all aspects, it will maintain a better development trend in the future. (Securities Times)
3. Pinduoduo joins hands with Anxi Tieguanyin’s new brand plan to return another city
On January 12, according to Geek.com, Anxi County, Fujian Province held the "Good Tea is Not Expensive" - Anxi Tieguanyin's "New Brand Plan" Conference today. E-commerce platform Pinduoduo cooperates with Anxi Tieguanyin to jointly create a national tea inclusive brand. At the meeting, Pinduoduo cooperated with the first batch of nearly 10 local leading tea companies including Anxi County Yunling Tea Co., Ltd. in Fujian Province to jointly form the "Anxi County Tea Industry New Brand Alliance". The alliance will provide support for the upgrading of the traditional tea industry through direct production and sales connection, resource support, digital empowerment and other measures. This cooperation with Anxi Tieguanyin to form the "Anxi County Tea Industry New Brand Alliance" is also one of the projects that implement the new brand plan. In the future, Pinduoduo will also help more companies cultivate new brands at the lowest cost. (E-commerce News)
4. Alibaba’s “high-quality merchant” policy and related logos
On January 12, Alibaba recently issued an announcement stating that it would notify the "high-quality merchant" policy and related signs to be offline.
Starting from January 14, 2020, due to business adjustments, 1688.com will cancel the "1688 Industrial Products and Raw Materials Market " Policy". At the same time, for merchants and products that have joined "high-quality merchants", the platform will also lower the corresponding logo of high-quality merchants. (E-commerce News)
5. JD Logistics also charges resource adjustment fees for express delivery products during the Spring Festival
On January 12, JD Logistics recently issued an announcement stating that it will launch the "Spring Festival delivery" service for the eighth consecutive year. During the holidays, JD Logistics employees will continue to work on the front line. However, due to various resource restrictions and other factors, JD Logistics will charge a resource adjustment fee of no less than 8 yuan per order for express delivery products. This fee is exempt from the supply chain customers who have entered the warehouse and some express delivery monthly payment customers who have been in-depth cooperation. In addition, JD Logistics has recently announced that it will upgrade its core strategy and key organization. (Sina Finance)
Internet news
6. Ofo founder Dai Wei resigned as legal representative and executive of the subsidiary
On January 12, Beijing Becklock Technology Service Co., Ltd. underwent industrial and commercial changes on January 10. Dai Wei, the founder ofo, withdrew from the legal representative, executive director and manager, and Zhu Ailian took over. At the same time, Zhang Siding withdrew from the supervisor and Yuan Xueyun took over. In addition, ofo's operating entity Dongxia Datong (Beijing) Management Consulting Co., Ltd. recently added three new information about the person subject to execution, with the total execution targets being approximately 3.503 million. (E-commerce News)
7. Jumei Youpin: Received a privatization offer from Chairman Chen Ou
Jumei Youpin announced that it had received a privatization offer from Chairman Chen Ou, intending to acquire the remaining shares of the company at a price of US$20 per ADS (the company's stock price closed at US$17.43 per ADS last Friday). Once the transaction is completed, the company will delist from the New York Stock Exchange. (Cailianshe)
8. Movie Report: Post-90s become the main force in movie viewing, and box office growth in third- and fourth-tier cities is rapid
The "Light and Shadow China" Film Honor Ceremony hosted by the China Film Review Society and others was held in Beijing on the 11th. The "2019 Annual Film Market Report" released at the meeting showed that the post-90s generation has become the main force in my country's movie viewing, contributing more than half of the box office in the whole year; the movie viewing market continues to sink, and third- and fourth-tier cities have become new growth points in the film market. The report pointed out that the "head effect" of the film market continued to strengthen in 2019, and the total box office of the top 15 film ticket sales accounted for more than 50% of the total box office of all films; the box office in third- and fourth-tier cities grew rapidly, reaching 22.2 billion yuan. (Xinhua News Agency)
9. Beijing releases “Seventeen Regulations on Science and Technology Innovation Finance”
The Beijing Municipal Local Financial Regulatory Bureau, together with the Business Management Department of the People's Bank of China, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory Bureau issued the "Several Measures on Increased Financial Support for the Healthy Development of Science and Technology Enterprises" (hereinafter referred to as "Seventeen Articles on Science and Technology Finance"). The main contents of the "17 Articles on Science and Technology Innovation Finance" include increasing credit supply, increasing rediscount efforts, and supporting the listing and financing of science and technology innovation enterprises. At the same time, the "17 Articles on Science and Technology Innovation Finance" also proposes to enhance the ability of government funds to serve science and technology innovation enterprises and establish a 10 billion yuan equity investment fund for science and technology innovation enterprises. (Xinhuanet)
Cross-border newsletter
10. Amazon responds to employee leaking customer data: The person involved has been fired
On January 13, Amazon notified customers on Friday that they fired several employees after they found that they shared their customers' email addresses and phone numbers with third parties. "The individuals responsible for this incident have been fired and we are supporting the prosecution of law enforcement," its spokesperson said in a statement. (Hugo.com)
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